maccie
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Developer multipoolmining.com
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May 02, 2014, 06:17:51 PM |
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All coins that have multi-pool doesn't have additional coins through PoW. If Pawncoin price rises up due to Pawncoin Multi-pool what stops other multi-pool from mining pawncoin directly due to the profitability. I think the difficulty will be high But the best option is to reduce the Block rewards to prevent other multi-pool from mining pawncoin and then sell except if they payout in pawncoin. Lets first do workable multi-pool for Pawncoin, then discuss about your points? You have very good points, but lets do things step by step. First workable multi-pool and lets see how market reacts.
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MsCollec
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May 02, 2014, 06:28:06 PM |
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All coins that have multi-pool doesn't have additional coins through PoW. If Pawncoin price rises up due to Pawncoin Multi-pool what stops other multi-pool from mining pawncoin directly due to the profitability. I think the difficulty will be high But the best option is to reduce the Block rewards to prevent other multi-pool from mining pawncoin and then sell except if they payout in pawncoin. Lets first do workable multi-pool for Pawncoin, then discuss about your points? You have very good points, but lets do things step by step. First workable multi-pool and lets see how market reacts. Okay..Then we can change the block reward to 2PAWN ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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pastet89
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May 02, 2014, 07:26:40 PM |
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All coins that have multi-pool doesn't have additional coins through PoW. If Pawncoin price rises up due to Pawncoin Multi-pool what stops other multi-pool from mining pawncoin directly due to the profitability. I think the difficulty will be high But the best option is to reduce the Block rewards to prevent other multi-pool from mining pawncoin and then sell except if they payout in pawncoin. Lets first do workable multi-pool for Pawncoin, then discuss about your points? You have very good points, but lets do things step by step. First workable multi-pool and lets see how market reacts. Okay..Then we can change the block reward to 2PAWN ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) This will kill the coin, as miners will leave!
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Cryptostats.es
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MsCollec
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May 02, 2014, 07:41:01 PM |
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All coins that have multi-pool doesn't have additional coins through PoW. If Pawncoin price rises up due to Pawncoin Multi-pool what stops other multi-pool from mining pawncoin directly due to the profitability. I think the difficulty will be high But the best option is to reduce the Block rewards to prevent other multi-pool from mining pawncoin and then sell except if they payout in pawncoin. Lets first do workable multi-pool for Pawncoin, then discuss about your points? You have very good points, but lets do things step by step. First workable multi-pool and lets see how market reacts. Okay..Then we can change the block reward to 2PAWN ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) This will kill the coin, as miners will leave! That's why it should be changed to 2 Pawn so that it can only be mined in multi pool
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pastet89
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 02, 2014, 07:50:34 PM |
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All coins that have multi-pool doesn't have additional coins through PoW. If Pawncoin price rises up due to Pawncoin Multi-pool what stops other multi-pool from mining pawncoin directly due to the profitability. I think the difficulty will be high But the best option is to reduce the Block rewards to prevent other multi-pool from mining pawncoin and then sell except if they payout in pawncoin. Lets first do workable multi-pool for Pawncoin, then discuss about your points? You have very good points, but lets do things step by step. First workable multi-pool and lets see how market reacts. Okay..Then we can change the block reward to 2PAWN ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) This will kill the coin, as miners will leave! That's why it should be changed to 2 Pawn so that it can only be mined in multi pool Then make it POS. If we keep it POW and reduce the block so rapidly miners will leave, the hashnet will drop and it can easily get multiforked and killed. I am actually against any general changes as chaning the initial plan too often doesn't influence in a nice way the image of the coin. However, if the majority of the community is willing to change it I would strongly advise the following option: X11 + POS hybrid. This is the hot trend now and badgercoin and summercoin are going trough the roof after altering slightly the initial BlackCoin idea. I strongly believe that X11 coins will explode in difficulty and price value once ASICs for scrypt appear as X11 is the best ASIC proof algo. Furthermore, especially for a coin with a long term purpose like PAWN it is good to become POS after the POW stage is over so that people do not loose interest after all the coins are mined.
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Cryptostats.es
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richardn1987
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 02, 2014, 08:19:26 PM |
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All coins that have multi-pool doesn't have additional coins through PoW. If Pawncoin price rises up due to Pawncoin Multi-pool what stops other multi-pool from mining pawncoin directly due to the profitability. I think the difficulty will be high But the best option is to reduce the Block rewards to prevent other multi-pool from mining pawncoin and then sell except if they payout in pawncoin. If mining pawn directly is more profitable then multipool then the diff will rise. If the diff rises the multipool gets more profitable again. Multipool and mining directly will keep each other in balance always making pawn the most profitable coin to mine. High difficulty only means that the price is rising. Do not in ay circumstance lower the block reward. High difficulty, high price and a lot of miners and people involved is good!
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richardn1987
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May 02, 2014, 08:20:24 PM |
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Btw poloniex is down. Should I move my coins from there?
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pastet89
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May 02, 2014, 08:39:42 PM |
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Btw poloniex is down. Should I move my coins from there?
Btw poloniex is down. Should I move my coins from there?
Hopefuly a ddos. Thanks for letting me know, will consider withdraw as well when possible.
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Cryptostats.es
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pastet89
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May 02, 2014, 08:42:53 PM |
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Any news for epawn?
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Cryptostats.es
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youngwebs
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DEV of DeepOnion community pool
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May 02, 2014, 09:13:46 PM Last edit: May 02, 2014, 09:48:31 PM by youngwebs |
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Please do not change block reward at all, Multipool is only an addition to current services. Dot not even talk about block reward reduction. It will scare people away. Uncertainty ALWAYS make a coin/object in any world/exchange go down.
(look at USD/EURO, bitcoin rumors china, gold prices) Unless uncertainty means people want to have pawncoins, ONLY then it is time to spread rumors. You can be 100% sure this is not the case now!
Dev's please make strong point about your vision about block rewards. With a coin this 'long' around changing block rewards will scare anyone away since all outsiders will think it is in favour of current top rich. In this case it will be against the favour of top rich, because exchange rate will drop to 1 sat for sure! Outsiders have plenty of alt-coints to choose from so don't scare for any reason!
Just wait and see what multi-pool will bring, this is not blackcoin, it cannot be compared and will certainly give result but nothing like what happened to blackcoin! Just buy pawns on the market now, or mine it in a pool and await what happens with new additions to this coin. Do not change anything that is working already!
my 2 pawncents!
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richardn1987
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 02, 2014, 09:42:12 PM |
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Please do not change block reward at all, Multipool is only an addition to current services. Dot not even talk about block rewad reduction. It will scare people away. Uncertainty ALWAYS make a coin/object in any world/exchange go down.
(look at USD/EURO, bitcoin rumors china, gold prices) Unless uncertainty means people want to have pawncoins, ONLY then it is time to spread rumors. You can be 100% sure this is not the case now!
Dev's please make strong point about your vision about block rewards. With a coin this 'long' around changing block rewards will scare anyone away since all outsiders will think it is in favour of current top rich. In this case it will be against the favour of top rich, because exchange rate will drop to 1 sat for sure! Outsiders have plenty of alt-coints to choose from so don't scare for any reason!
Just wait and see what multi-pool will bring, this is not blackcoin, it cannot be compared and will certainly give result but nothing like what happened to blackcoin! Just buy pawns on the market now, or mine it in a pool and await what happens with new additions to this coin. Do not change anything that is working already!
my 2 pawncents!
+1
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provenceday
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May 03, 2014, 03:40:16 AM |
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poloniex is down, will wait for more time now!
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a244495766
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May 03, 2014, 05:20:37 AM |
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You can use coinpod.net for trading. Poloniex is currently down.
I hope you use BTC mintpal to vote
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pastet89
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May 03, 2014, 05:24:37 AM |
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When does promotion of coinpod on reddit start?
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Cryptostats.es
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Radition
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May 03, 2014, 06:12:53 AM |
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poloniex is down, will wait for more time now!
I'm getting worried.
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pastet89
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May 03, 2014, 06:24:40 AM |
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poloniex is down, will wait for more time now!
I'm getting worried. Someone called Poloniexs hosting provider company and said that he is working for poloniex and requested a root ssh access. And guess what. They gave it to him. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimg3.wikia.nocookie.net%2F__cb20130815124007%2Ftransformers-legends%2Fimages%2Fc%2Fc4%2FTriple-facepalm.jpg&t=665&c=QArHwiK3htyvsA)
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Cryptostats.es
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pastet89
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May 03, 2014, 06:30:35 AM |
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For those not aware of IT and what is root access: basicaly everything. When you have root you are the king of the system. Databases, users, passwords, ftp files, firewall, even putting server down. Everything is in your hands.
Well I must say LOL, congrats to this nice hosting copmany!
Poloniex staff says funds are secure, however, I do not believe this on 100%. Only way they ro be secure is if they were in cold storage. However they will still need the passwords for the wallets and I strongly hope they were not lost after the compromising of the server.
Well, this is a good point for PAWN actually. Now people will trade PAWN on coinpod and bring liquidity there hopefuly.
I am still waiting for the devs to announce when will be the official post on reddit + the official statement about the raffle of the fee, stated in a post somewhere in this forum. After this I will put in my signature with red color the advertisment of coinpod. Seems to be working as I tested yesterday for my linux compiler script. Before I put it in my signature with red it had 1400 total views for more than a month. Now in 12 hours it broke the 1600 mark.
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Cryptostats.es
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Polartiger
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May 03, 2014, 06:42:38 AM |
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pastet89
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May 03, 2014, 06:55:16 AM |
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Devs, please solve this ASAP! We can not promite the exchange if it has bugs.
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Cryptostats.es
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youngwebs
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DEV of DeepOnion community pool
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May 03, 2014, 07:46:52 AM |
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Devs, please solve this ASAP! We can not promite the exchange if it has bugs. I see no option to deposit BTC?! Help is empty About is empty We have coins from the multipool we would like to spend on coinpod to give it liquidity!
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