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jimboscott
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July 31, 2020, 11:48:42 PM |
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Proof of Stake and masternodes are paying well at the moment.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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jimboscott
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July 31, 2020, 11:50:57 PM |
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Don't cheat people
This is not CPU mining
Network (GH/s)
142.986
Difficulty
2498.54
Ryzen 7 = 120kh
Since the POA block is the only one mineable... the true hashrate is hard to calculate. It is 59 blocks of POS, then 1 block of POA to audit it. I don't think the reported numbers are accurate. |
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TimeTeller
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July 31, 2020, 11:57:23 PM |
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Don't cheat people
This is not CPU mining
Network (GH/s)
142.986
Difficulty
2498.54
Ryzen 7 = 120kh
Since the POA block is the only one mineable... the true hashrate is hard to calculate. It is 59 blocks of POS, then 1 block of POA to audit it. I don't think the reported numbers are accurate. CPU miners won't get a thing if they have that high difficulty already. You will just be wasting your energy if you will participate on mining this coin. I've seen that a lot in several CPU-mined coins. Once the hashrate/difficulty is high, you can't get anything if you are one of those CPU miners. |
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jimboscott
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August 01, 2020, 01:32:25 PM |
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Don't cheat people
This is not CPU mining
Network (GH/s)
142.986
Difficulty
2498.54
Ryzen 7 = 120kh
Since the POA block is the only one mineable... the true hashrate is hard to calculate. It is 59 blocks of POS, then 1 block of POA to audit it. I don't think the reported numbers are accurate. CPU miners won't get a thing if they have that high difficulty already. You will just be wasting your energy if you will participate on mining this coin. I've seen that a lot in several CPU-mined coins. Once the hashrate/difficulty is high, you can't get anything if you are one of those CPU miners. Read my post just above yours. The POA block that can be mined comes up every 60th block. Calculating hash rate is not easy when a multi-algo or non-standard mining protocol is used. The difficulty is almost certainly being overstated. But... another question. How are the devs cheating anyone if the DIFF WAS that high? |
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othell_rogue
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August 05, 2020, 04:38:37 AM |
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Congrats! Great job guys! Now all we need is some volume and for this we need more exposure in the space. |
To Buy, or not to Sell? That is the question.
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EncryptNetwork (OP)
Copper Member
Newbie
 Offline
Activity: 26
Merit: 0
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August 05, 2020, 09:21:00 AM |
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INRI
Newbie
Offline
Activity: 34
Merit: 0
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August 09, 2020, 06:08:13 PM |
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Really great features of Encrypt!
Any plans for additonal exchanges?
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EncryptNetwork (OP)
Copper Member
Newbie
Offline
Activity: 26
Merit: 0
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August 09, 2020, 06:23:24 PM |
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Yes DEX coming soon
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Bully_Duster
Newbie
Offline
Activity: 2
Merit: 0
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August 10, 2020, 04:55:04 AM |
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I am just getting into this coin. Been mining and staking for a few days. I am using an Intel i7 with 8 cores and only using 4 of them and have gotten 2 or 3 blocks. Staking is also bringing in some coin. They are only on one exchange right now but it is just getting started. I feel lucky to have gotten in this early. I think all coins will move to privacy eventually. Currency is only useful if it is fungible and only fungible if it has no history.
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gameparadise007
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August 10, 2020, 05:28:03 AM |
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Really good features of the coin.
Good time to enter and start mining/staking. I see a very good potential here.
I have doubled my coins in few days from staking.
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othell_rogue
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August 10, 2020, 06:34:52 AM |
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I am just getting into this coin. Been mining and staking for a few days. I am using an Intel i7 with 8 cores and only using 4 of them and have gotten 2 or 3 blocks. Staking is also bringing in some coin. They are only on one exchange right now but it is just getting started. I feel lucky to have gotten in this early. I think all coins will move to privacy eventually. Currency is only useful if it is fungible and only fungible if it has no history.
Your i7 (8 cores) is desktop or laptop? I am asking because there is a big difference in performance between the 2, even if they are the same gen. their performance are not the same. |
To Buy, or not to Sell? That is the question.
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CaVO32
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August 10, 2020, 01:46:36 PM |
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It says we couldn't find your page. Seems that it is not yet listed in CMC. Also, there's no buy order at txbit. Are you sure you want this coin to stay at that exchange? The truth is, this is my first time to hear that exchange. And since I saw that you have a comparative table among ZEC, XMR and yours, I don't think you even came close to their market price. It is good to see that you have several advantages over them, but how about the popularity of usage? And since you are not doing good at your first exchange, do you think your trading journey will change anytime soon? |
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EncryptNetwork (OP)
Copper Member
Newbie
Offline
Activity: 26
Merit: 0
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August 10, 2020, 06:03:50 PM |
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We have just began trading on TXBIT and plan to add a DEX soon. We are on CMC please search and you will see as an untracked listing for now.
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othell_rogue
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August 11, 2020, 06:47:30 PM |
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It says we couldn't find your page. Seems that it is not yet listed in CMC. Also, there's no buy order at txbit. Are you sure you want this coin to stay at that exchange? The truth is, this is my first time to hear that exchange. And since I saw that you have a comparative table among ZEC, XMR and yours, I don't think you even came close to their market price. It is good to see that you have several advantages over them, but how about the popularity of usage? And since you are not doing good at your first exchange, do you think your trading journey will change anytime soon?
For me the coinmarketcap link works, but is tagged as (This project is featured as an 'Untracked Listing') maybe because txbit is not listed on CMC, I didn't cheched this, tbh. |
To Buy, or not to Sell? That is the question.
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piratedave
Newbie
Offline
Activity: 24
Merit: 0
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August 26, 2020, 05:47:53 AM |
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jimboscott
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September 08, 2020, 12:41:47 PM |
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What a thin-skinned bunch of guys.
Got banned for legitimate criticism of a foundering project, buggy wallet, and blockchain that has to be treated with kid gloves or it falls into disrepair.
They just banned me from their Discord because I offered legitimate criticisms that, if they would just LISTEN, would have improved their chances of success.
The Discord sees MAYBE 2-3 posts every 24 hours and devs go missing for days while others have questions/concerns.
The list of issues with the project are too many to mention here, but the main concern is the fact that the chain can come to a HALT if certain conditions present themselves and with a 1 minute block time, there have been at least a half dozen times when the chain has frozen for at least 6 hours while someone has to get a staking wallet up and running to move it along. It's a mess.
I'm done with it. I probably have more coins than anyone other than the devs who premined a HUGE stack. And, I got it all through staking and running masternodes. So at least I spent no electricity to speak of.
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jimboscott
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September 08, 2020, 12:50:14 PM |
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It says we couldn't find your page. Seems that it is not yet listed in CMC. Also, there's no buy order at txbit. Are you sure you want this coin to stay at that exchange? The truth is, this is my first time to hear that exchange. And since I saw that you have a comparative table among ZEC, XMR and yours, I don't think you even came close to their market price. It is good to see that you have several advantages over them, but how about the popularity of usage? And since you are not doing good at your first exchange, do you think your trading journey will change anytime soon? There are no buy orders because TXBIT has a 1 SAT minimum. In about 60 days I staked 6000 XCX into enough for a Masternode, then turned the Masternode rewards into more Masternodes. From launch until today, that 6000 XCX block that I mined to start with was turned into close to 10 million XCX. This is just way way way too easy to make. No need to buy it when you can mine ONE block and 60 days later have 1500 times what you started with. |
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jimboscott
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September 13, 2020, 07:27:26 PM |
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The XCX chain has been stalled for TWO DAYS now due to the devs having a poor understanding of what makes a blockchain project work.
It looked slightly promising at the beginning but the Encrypt network has not move a single block in 2 days. That's what happens when you have no clue what you are doing.
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