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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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surfer43
Sr. Member
 Offline
Activity: 560
Merit: 250
"Trading Platform of The Future!"
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March 19, 2014, 06:08:21 PM |
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lol this coin was instamined no one in their right mind would buy this  |
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drmavis
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Activity: 69
Merit: 10
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March 19, 2014, 06:08:43 PM |
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When did it become the norm for coins to have to be "voted for" (donating BTC's) to be listed on an exchange?
I would think an exchange would WANT to be the first one to list a new coin, particularly one with a novel hashing method, for the traffic it would drive to their exchange and the transaction fees.
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count_cyrpto
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March 19, 2014, 06:09:58 PM |
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lol this coin was instamined no one in their right mind would buy this Actually, it wasn't. I found blocks CPU mining this when the difficulty was below 1. |
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surfer43
Sr. Member
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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March 19, 2014, 06:11:01 PM |
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lol this coin was instamined no one in their right mind would buy this Actually, it wasn't. I found blocks CPU mining this when the difficulty was below 1. Exactly! One person mined 100K fuguecoin while diff was below 0.02 |
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spiffcow
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March 19, 2014, 06:15:21 PM |
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lol this coin was instamined no one in their right mind would buy this Actually, it wasn't. I found blocks CPU mining this when the difficulty was below 1. Exactly! One person mined 100K fuguecoin while diff was below 0.02 So? I mined almost 10,000 last night solo, several days after the coin came out. |
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count_cyrpto
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March 19, 2014, 06:16:58 PM |
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lol this coin was instamined no one in their right mind would buy this Actually, it wasn't. I found blocks CPU mining this when the difficulty was below 1. Exactly! One person mined 100K fuguecoin while diff was below 0.02 So? I mined almost 10,000 last night solo, several days after the coin came out. Yeah, I don't follow how that's instamined. A lot of us were here when the difficulty was below .02... The fact that I found any blocks with my POS pc is amazing... |
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surfer43
Sr. Member
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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March 19, 2014, 06:18:58 PM |
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If you get 1 block per second and the block time is 60 seconds, that's what you call instamining.
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BTCspoon
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March 19, 2014, 06:20:09 PM |
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lol this coin was instamined no one in their right mind would buy this Actually, it wasn't. I found blocks CPU mining this when the difficulty was below 1. Exactly! One person mined 100K fuguecoin while diff was below 0.02 100K, oh really?! ....some math anyone? (86400*50)/60 = 72000 Coins Max/day, the coin is out since how many day again?.... |
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surfer43
Sr. Member
Offline
Activity: 560
Merit: 250
"Trading Platform of The Future!"
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March 19, 2014, 06:24:41 PM |
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lol this coin was instamined no one in their right mind would buy this Actually, it wasn't. I found blocks CPU mining this when the difficulty was below 1. Exactly! One person mined 100K fuguecoin while diff was below 0.02 100K, oh really?! ....some math anyone? (86400*50)/60 = 72000 Coins Max/day, the coin is out since how many day again?.... Actually more like 140.000 https://bitcointalk.org/index.php?topic=519138.msg5742539#msg57425391 block per second -> 50 coins per second = 50*3600 coins per hour = ~140.000 coins per hour edit: lol you said it yourself |
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surfer43
Sr. Member
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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March 19, 2014, 06:26:40 PM |
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Diff raising quickly  ! you still have some time to solo before the serious boys with farms kicks in. As long as it is wallet-mining only, most of the farms will leave it in peace - too much work installing the wallet on every computer - another PLUS! Easy to mine on 1 wallet, just have to tweak the conf file. Question of hours now before a client get an algo update. Almost 2900 blocs already, 1/sec , diff at 0.02 here in case you delete it  |
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spiffcow
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March 19, 2014, 06:27:28 PM |
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If you get 1 block per second and the block time is 60 seconds, that's what you call instamining.
Before KGW *every* coin launch started this way. This coin lacks KGW. That's a flaw for sure, but not a scam. |
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surfer43
Sr. Member
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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March 19, 2014, 06:28:26 PM |
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If you get 1 block per second and the block time is 60 seconds, that's what you call instamining.
Before KGW *every* coin launch started this way. This coin lacks KGW. That's a flaw for sure, but not a scam. Not a scam, but still, not as valuable |
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BTCspoon
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March 19, 2014, 06:30:34 PM
Last edit: March 19, 2014, 06:42:18 PM by BTCspoon |
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lol this coin was instamined no one in their right mind would buy this Actually, it wasn't. I found blocks CPU mining this when the difficulty was below 1. Exactly! One person mined 100K fuguecoin while diff was below 0.02 100K, oh really?! ....some math anyone? (86400*50)/60 = 72000 Coins Max/day, the coin is out since how many day again?.... Actually more like 140.000 https://bitcointalk.org/index.php?topic=519138.msg5742539#msg57425391 block per second -> 50 coins per second = 50*3600 coins per hour = ~140.000 coins per hour edit: lol you said it yourself Block time 60Secs ... Reward 50... Numbers of seconds in 24hrs: 86400 -> ((60 x 60 x 24))....and yes i lol at your math... |
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surfer43
Sr. Member
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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March 19, 2014, 06:33:49 PM |
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How many blocks until difficulty readjustment?
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spiffcow
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March 19, 2014, 06:47:44 PM |
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I say hold out for a better exchange. Early, crappy exchanges can kill a coin. I don't want this on an exchange until the broken English is removed from the ANN page. |
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count_cyrpto
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March 19, 2014, 06:49:23 PM |
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I say hold out for a better exchange. Early, crappy exchanges can kill a coin. I don't want this on an exchange until the broken English is removed from the ANN page. Probably a good idea. A reliable pool will need to be made soon. Solo mining isn't cutting the mustard anymore. |
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agran
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March 19, 2014, 06:52:45 PM |
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I say hold out for a better exchange. Early, crappy exchanges can kill a coin. I don't want this on an exchange until the broken English is removed from the ANN page.
BlackCoin appeared first thing on this exchange and has a great destiny. Even there was a daily volume of 100 BTC. If you will pass a lot of time from the start, and the currency is not on any exchange, it will adversely affect the currency. |
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hashnine
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March 19, 2014, 06:54:40 PM |
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I dont understand why nobody put this coin on their pools o_o
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Careful XC anonymous coin is a scam
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