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Author Topic: ★[ANN]★[GHC] Ghostcoin ☢ 4 Exchanges ☢ Fast ☢ POW/POS Hybrid ☢ OpenSSL Patched ☢  (Read 98845 times)
Vlizzjeffrey
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April 04, 2014, 09:56:41 PM
 #1001

yes my coins starting to mine coins also ! and not by little ammounts to lol !

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April 05, 2014, 01:23:35 AM
 #1002

GHC is on agx.io! You can also earn 1% buy-side bonuses on DGB, NOBL, and VC too.

Quality matters. Support matters. Check out our newest support infographic below.

- The Austin Global Team

Find us at:
agx.io
bitcointalk.org/index.php?topic=507474
bitcointalk handles: "agx.io," "AustinGlobal"
twitter.com/AustinGlobalX
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April 05, 2014, 05:12:04 AM
 #1003

i dont think ghc.hashing.at rips you off lol, do you have proof of that?



I meant zeuspool rips you off. Sorry, I was not clear in my earlier message.

Just saw this message. What do you mean? I will make the same question: Do you have a proof of that? What happened that made you think that we rip you off and with whom did you talk to about that?
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April 05, 2014, 01:42:43 PM
 #1004

this staking is insane i get a transaction almost everyminute of 15 ghc, thats 20k a day and not nearly all of my coins are matured, really dont know
what more to expect of this hehe Cheesy

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April 06, 2014, 05:30:09 AM
 #1005

who is the coin dev?
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April 06, 2014, 11:26:38 AM
 #1006

ghostcoin is his user name, but he isnt active for his coin it seems

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April 06, 2014, 01:26:14 PM
 #1007

ghostcoin is his user name, but he isnt active for his coin it seems

Well by looking at the profile he was active only a couple of hours ago. What exactly do you expect the dev to be doing?
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April 06, 2014, 01:47:44 PM
Last edit: April 06, 2014, 02:07:27 PM by Swaty
 #1008

Wow POS ming is going so fast. Incredible how this coin works, loving it. Price is going up aswell. Good time for people to get onboard. Only thing we are missing now is a bigger exchange like mintpal or bter.
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April 06, 2014, 04:32:59 PM
 #1009

today my coins didnt pos mine, i dont get it,is it randomly ?

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April 06, 2014, 06:19:08 PM
 #1010

Nobody on everycoin altcoin outhere in pos knows.. i asked everywhere... everyone says its own stuff without even knowing..


 
 
 
 
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...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






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April 06, 2014, 07:22:41 PM
 #1011

was wondering if he had any future plans? Any wallet updates or expandability? Marketing, hype etc? A coin needs a community.
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April 06, 2014, 08:10:52 PM
 #1012

I see my first coins will start to stake on 4/10 do I have to setgenerate true or anything other than have my wallet open?
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April 06, 2014, 08:12:49 PM
 #1013

Are the developer of this coin generally get in touch with the community? Except those few messages with advertising of a game?

What are your plans for the development? When and how will be used premine-coins?

I have a suspicion that premine used solely to enrich the developer...

Developer, I'm listening! (I know that he will not answer...)
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April 06, 2014, 08:39:52 PM
 #1014

pre-mine hasn't been sold i know that. the 7.5 million is still in its wallet
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April 06, 2014, 08:50:23 PM
 #1015

Nobody on everycoin altcoin outhere in pos knows.. i asked everywhere... everyone says its own stuff without even knowing..

I'm not in a position to know who you ask and couldn't answer this, but any decent developer could answer that by looking at the code.
I have been involved into many coins creation (not this one and haven't read the code yet) so I can give you the following info:

PoS blocks are inserted in the chain instead of PoW (mining) blocks. Now if you ask when a certain wallet will start creating PoS, well it's not random when it will begin to try to create a PoS block, but it is random when that PoS block will be accepted in the blockchain.
It's exactly like solo mining. The fact that you may have found a block, doesn't mean that it will be accepted for sure (thus the orphaned blocks). When an incoming transaction of your wallet reaches the maturity state (which means that the minimum amount of time holding these coins has been fulfilled) your wallet will start mining in order to create a PoS block. That block contains a transaction that has the coins that were in stake + the interest.
Of course, other wallets are doing the same and at the same time, miners are finding blocks. So which block should dominate?
Well, PoS blocks have a higher importance than PoW blocks, so it's very easy to understand that PoS will always replace PoW blocks (thus in PoW/PoS mixed coins there are so many orphaned blocks from mining - because they get replaced by PoS blocks).
What about PoS blocks that were created by many wallets at the same time, having the same base block (for example block with height 1454). This is were difficulty is getting into the game.
Although PoS blocks have very low difficulty (so that it doesn't need too much computational power to create them), they do have a difficulty measurement and the block with the highest difficulty wins the race.
Now, the difficulty number is not based on CPU power or how many cores this has, but how old is the transaction with the coins at stake. At PoS, there is a minimum and a maximum age.
For example, 20 days minimum and 30 days maximum. That means that if someone's wallet finds a PoS block for a transaction that is 21 days old (hours and minutes count but let's not put that in this example) and another wallet finds a PoS for a transaction that is 25 days old, then the 25 days old transaction will create a higher diff PoS block, which means that it will win the race.
Now, if a 3rd PoS block was found that was 45 days old, the diff would count only for the maximum amount of time (30 days for our example).
Other factors that affects difficulty could be the amount of coins in that transaction, the amount of time passed since the last PoS block this wallet generated, etc.

I hope this make things a little simpler, regarding the PoS and how it is mined/calculated.
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April 06, 2014, 08:57:30 PM
 #1016

i think the dev should do a giveaway, to boost the popularity a bit,

wasnt there a giveaway announced in the startpost?

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April 06, 2014, 11:09:56 PM
Last edit: April 07, 2014, 10:52:14 AM by open82buy
 #1017

Nobody on everycoin altcoin outhere in pos knows.. i asked everywhere... everyone says its own stuff without even knowing..

I'm not in a position to know who you ask and couldn't answer this, but any decent developer could answer that by looking at the code.
I have been involved into many coins creation (not this one and haven't read the code yet) so I can give you the following info:

PoS blocks are inserted in the chain instead of PoW (mining) blocks. Now if you ask when a certain wallet will start creating PoS, well it's not random when it will begin to try to create a PoS block, but it is random when that PoS block will be accepted in the blockchain.
It's exactly like solo mining. The fact that you may have found a block, doesn't mean that it will be accepted for sure (thus the orphaned blocks). When an incoming transaction of your wallet reaches the maturity state (which means that the minimum amount of time holding these coins has been fulfilled) your wallet will start mining in order to create a PoS block. That block contains a transaction that has the coins that were in stake + the interest.
Of course, other wallets are doing the same and at the same time, miners are finding blocks. So which block should dominate?
Well, PoS blocks have a higher importance than PoW blocks, so it's very easy to understand that PoS will always replace PoW blocks (thus in PoW/PoS mixed coins there are so many orphaned blocks from mining - because they get replaced by PoS blocks).
What about PoS blocks that were created by many wallets at the same time, having the same base block (for example block with height 1454). This is were difficulty is getting into the game.
Although PoS blocks have very low difficulty (so that it doesn't need too much computational power to create them), they do have a difficulty measurement and the block with the highest difficulty wins the race.
Now, the difficulty number is not based on CPU power or how many cores this has, but how old is the transaction with the coins at stake. At PoS, there is a minimum and a maximum age.
For example, 20 days minimum and 30 days maximum. That means that if someone's wallet finds a PoS block for a transaction that is 21 days old (hours and minutes count but let's not put that in this example) and another wallet finds a PoS for a transaction that is 25 days old, then the 25 days old transaction will create a higher diff PoS block, which means that it will win the race.
Now, if a 3rd PoS block was found that was 45 days old, the diff would count only for the maximum amount of time (30 days for our example).
Other factors that affects difficulty could be the amount of coins in that transaction, the amount of time passed since the last PoS block this wallet generated, etc.

I hope this make things a little simpler, regarding the PoS and how it is mined/calculated.




That's a very good read, I love this coin even more now. I still have to wait another 2 weeks for my coins to work so I will just keep buying at the moment. At the moment I think they are to cheep, but hey-ho I will just keep on buying.  Cool
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April 06, 2014, 11:15:22 PM
 #1018



+100 to the Dev for this coin. As a non miner this coin suits me to a T. = Trader Wink
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April 07, 2014, 12:41:48 PM
 #1019

Why does this coin suits you as a trader?

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April 07, 2014, 01:21:39 PM
 #1020

Why does this coin suits you as a trader?

In my humble opinion, it's because he can buy it cheap right now and get a profit after he let them stake and sell them (not to mention that the time that mining it will not produce more than just 1 coin is near)
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