cadexn
Sr. Member
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Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
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July 26, 2014, 04:48:13 AM |
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Everything is looking bright for PND: - At this very moment we managed to reach 680 PoS difficulty with 75 billion net stake weight
- We just received 70 freaking million PND in donation
- We have more supports on PND buy orders despite all the dumps
- Our thread is rising higher in views/posts
- We have gorthaur best poster 2014/2015
Make that over 700. SHIIIIIIIETTTTTTTTTTTT Where did 700 diff come from? Wow.. Sorry I was wrong. it's more now.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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I_Collect_Geodes
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July 26, 2014, 05:01:59 AM |
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Everything is looking bright for PND: - At this very moment we managed to reach 680 PoS difficulty with 75 billion net stake weight
- We just received 70 freaking million PND in donation
- We have more supports on PND buy orders despite all the dumps
- Our thread is rising higher in views/posts
- We have gorthaur best poster 2014/2015
Make that over 700. SHIIIIIIIETTTTTTTTTTTT Where did 700 diff come from? Wow.. Sorry I was wrong. it's more now. BUST 800!!!!
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Linux_Mint_Pal
Full Member
Offline
Activity: 196
Merit: 100
Pandacoin (PND) development team member
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July 26, 2014, 05:18:28 AM |
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Everything is looking bright for PND: - At this very moment we managed to reach 680 PoS difficulty with 75 billion net stake weight
- We just received 70 freaking million PND in donation
- We have more supports on PND buy orders despite all the dumps
- Our thread is rising higher in views/posts
- We have gorthaur best poster 2014/2015
Make that over 700. SHIIIIIIIETTTTTTTTTTTT Where did 700 diff come from? Wow.. Sorry I was wrong. it's more now. BUST 800!!!! We just did.
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Pandacoin Intergalactic Craft ready for full burn. Commencing diagnostic sequence.
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cadexn
Sr. Member
Offline
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
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July 26, 2014, 05:19:25 AM |
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DAT SEXY DIFF
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I_Collect_Geodes
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July 26, 2014, 05:20:18 AM |
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DAT SEXY DIFF ... Wow... ... what is this?
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bdanyo
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July 26, 2014, 05:25:40 AM |
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DAT SEXY DIFF ... Wow... ... what is this? What is PoS difficulty and why should I care?The Pandacoin (PND) network is configured to maintain the creation rate of new blocks to one every minute. However, because of the history of Pandacoin (PND) as a PoS coin with a PoW distribution period of over 3 months (95 days), there is an unusually high amount of transactions to any of the 275,000 addresses seen in the blockchain that are eligible to create PoS block. To maintain the rate of one block per minute, the difficulty will increase if blocks are created too often and decrease if less than one block is found per minute on average. Remember that the chance of finding a PoS block is proportional to the weight of the transaction it is based on – in other words to the amount and coin age. It is also proportional to the difficulty – the higher the difficulty, the less likely it is to be granted a Proof-of-Stake reward. A high PoS difficulty is an indication that there are many transactions competing to create new blocks: this is the sign of a healthy network where many users are participating in staking.
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cadexn
Sr. Member
Offline
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
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July 26, 2014, 05:30:47 AM |
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DAT SEXY DIFF ... Wow... ... what is this? What is PoS difficulty and why should I care?The Pandacoin (PND) network is configured to maintain the creation rate of new blocks to one every minute. However, because of the history of Pandacoin (PND) as a PoS coin with a PoW distribution period of over 3 months (95 days), there is an unusually high amount of transactions to any of the 275,000 addresses seen in the blockchain that are eligible to create PoS block. To maintain the rate of one block per minute, the difficulty will increase if blocks are created too often and decrease if less than one block is found per minute on average. Remember that the chance of finding a PoS block is proportional to the weight of the transaction it is based on – in other words to the amount and coin age. It is also proportional to the difficulty – the higher the difficulty, the less likely it is to be granted a Proof-of-Stake reward. A high PoS difficulty is an indication that there are many transactions competing to create new blocks: this is the sign of a healthy network where many users are participating in staking. People need to read this. PoS difficulty is totally different from PoW difficulty. The more people staking would mean it's harder for people to perform 51% attack! hence, a more secure network
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cadexn
Sr. Member
Offline
Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
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July 26, 2014, 05:33:27 AM |
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Are we able to get 1k+ difficulty today?
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pandacoin-brolong
Newbie
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Activity: 8
Merit: 0
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July 26, 2014, 05:38:25 AM |
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Pandas hold. They know this isn't just another clone coin without a vision, without support, without a community. They know this coin is safe from crooks and scams. It's an oasis in a sea of copycat pump and dumps, of disappearing and negligent devs. This is PND and we hold, because we like our steak https://i.imgur.com/vgS4ftn.jpg
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I_Collect_Geodes
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July 26, 2014, 05:41:14 AM |
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Are we able to get 1k+ difficulty today? YES YES YES
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pandacoin-brolong
Newbie
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Activity: 8
Merit: 0
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July 26, 2014, 06:35:27 AM |
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USE AT YOUR OWN RISKThis is not a dev approved utility. We will reach out to the creator and attempt to evaluate the application. This post will be edited if need be. For the time being, please be aware this is USE AT YOUR OWN RISK.
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rmd73
Sr. Member
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Activity: 385
Merit: 252
Think with your brain. It is not illegal (yet).
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July 26, 2014, 08:44:27 AM |
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USE AT YOUR OWN RISKThis is not a dev approved utility. We will reach out to the creator and attempt to evaluate the application. This post will be edited if need be. For the time being, please be aware this is USE AT YOUR OWN RISK. It still baffles me why people don't make those "offerings" complete with source... Also, why many fine programers fall in love with the .NET4 and completely ignore mono which would give them broader audiences? pandacoin-brolong is right: use at your own risk.
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Joesixpack9000
Full Member
Offline
Activity: 157
Merit: 100
Bohemian Crypto Guardian
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July 26, 2014, 11:56:23 AM |
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Everything is looking bright for PND: - At this very moment we managed to reach 680 PoS difficulty with 75 billion net stake weight
- We just received 70 freaking million PND in donation
- We have more supports on PND buy orders despite all the dumps
- Our thread is rising higher in views/posts
- We have gorthaur best poster 2014/2015
Holy smokes the community chest now has 137 million PNDs?! It doubled overnight. WOW. Own up, who was the one with the heart that occupies more than 50% of their body weight?
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barryzand
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July 26, 2014, 11:58:24 AM |
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Everything is looking bright for PND: - At this very moment we managed to reach 680 PoS difficulty with 75 billion net stake weight
- We just received 70 freaking million PND in donation
- We have more supports on PND buy orders despite all the dumps
- Our thread is rising higher in views/posts
- We have gorthaur best poster 2014/2015
Holy smokes the community chest now has 137 million PNDs?! It doubled overnight. WOW. Own up, who was the one with the heart that occupies more than 50% of their body weight? that for real?? such a generous panda!
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cadexn
Sr. Member
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Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
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July 26, 2014, 12:06:52 PM |
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just when you think the difficulty couldnt get any higher, this happened:
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mynamehere
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July 26, 2014, 12:21:03 PM |
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Everything is looking bright for PND: - At this very moment we managed to reach 680 PoS difficulty with 75 billion net stake weight
- We just received 70 freaking million PND in donation
- We have more supports on PND buy orders despite all the dumps
- Our thread is rising higher in views/posts
- We have gorthaur best poster 2014/2015
Holy smokes the community chest now has 137 million PNDs?! It doubled overnight. WOW. Own up, who was the one with the heart that occupies more than 50% of their body weight? Donating 70 million PND is very generous and as a community we all should thank him/her.
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notpanda8
Member
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Activity: 65
Merit: 10
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July 26, 2014, 12:32:41 PM |
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Don´t forget to pass by the irc and join us to the pnd rain and the pnd lotto, also diff already in 880
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bdanyo
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July 26, 2014, 12:40:22 PM |
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Rethinking Digital CurrencyBitcoin, the world’s first decentralized digital currency, was launched in 2009. It was the prototype that introduced and demonstrated to the world the potential benefits and usages of a decentralized digital currency. However, digital currencies are still in their infant stages and have yet to see widespread mainstream adoption and usage as a unit of exchange both online and offline. There is a need to rethink the current approach to the design and marketing of digital currencies in order to achieve a global mass appeal. August 30thOn the 30th of August the Pandacoin (PND) development team will unveil and release the highly anticipated set of major development updates to Pandacoin. The founders, developers, and architects of Pandacoin (PND) endeavor to redefine the current space with this set of major development updates, and be positioned to become the future digital currency of choice for the masses. Stay TunedPandacoin (PND) Development Team
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Linux_Mint_Pal
Full Member
Offline
Activity: 196
Merit: 100
Pandacoin (PND) development team member
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July 26, 2014, 01:03:10 PM |
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Don´t forget to pass by the irc and join us to the pnd rain and the pnd lotto, also diff already in 880
I wonder who just recently started staking!
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Pandacoin Intergalactic Craft ready for full burn. Commencing diagnostic sequence.
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