[ANN][BLAKE-256] DIRAC (XDQ) - Advanced Finance

[BitcoinBaBa]

@Coinweaver

Can you answer my question?

Why is XDQ trading in BTC?

I thought it was only supposed to be in NAUT?

Also, KimJongUn is obsessed with you for some reason. I think its actually yourself bumping your own thread.

My fans are hella loyal.

XDQ is trading in BTC because I cannot control what exchanges do.  It is for that very reason that I plan to buy out the XDQ market with NAUT after ~90 days.  Doing so will peg the price of XDQ to NAUT regardless of how many BTC trading pairs might pop up.

Ok.Good to know but 3 months is a LONG time here. What are your plans for now. I was excited to listen to seaman's podcast where you said a lot of things are in store. Can you please elaborate it here. Thanks.

[1714787324]

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[WCIR]

NOW ON



https://bitcointalk.org/index.php?topic=384546.0

[QuadraQ]

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• Make rental choices based on "actual" hash rate. Their system tracks the past 24 hour hash rate with a moving average.
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• Backup pools! Have you ever found yourself trying to be ready for a coin launch only to find out your first pool choice isn't up and running? Their system takes care of that, by letting you set up 5 pools in a fail over.

Rig owners:

• Website pool manager. Their system allows you to change what pool your miner is connected to right from the website. Allows 5 pools to be configured with fail over.
• Hash rate graphs!
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• There is no fee to use the site/service for the miner controls or hash rate graphs. You never have to list your rig for rent if you don't want to.

Not sure about the whole "renting thing?" No problem, it's 100% free to list your rig with their service and the backup pools/hashrate graphs are completely on the house. If you decide to try leasing your rig in the future, you will already be setup.

They have lots of website/interface improvements in the pipeline, with a very active development team.

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[moko666]

I withdraw my false accusation. 

[killsig]

Warning Dirac is Inflationary and created infinitely. Bryce is a noob developer:

He says he is against inflation:

https://twitter.com/BryceWeiner/status/472127583451369472

But Dirac is inflationary:

Here is Dirac's reward:
https://github.com/bryceweiner/Dirac/blob/master/src/main.cpp#L1094

And a topic on MAX_MONEY where explains the mistake many noob developers make:
https://bitcointalk.org/index.php?topic=444775.0

TOLLOLOLOL

Compare USD inflation to dirac.   The inflation of dirac goes down over time.   That won't be the case with something like USD.

[moko666]

I withdraw my false accusation.  

[rbauer85]

Warning Dirac is Inflationary and created infinitely. Bryce is a noob developer:

He says he is against inflation:

https://twitter.com/BryceWeiner/status/472127583451369472

But Dirac is inflationary:

Here is Dirac's reward:
https://github.com/bryceweiner/Dirac/blob/master/src/main.cpp#L1094

And a topic on MAX_MONEY where explains the mistake many noob developers make:
https://bitcointalk.org/index.php?topic=444775.0

TOLLOLOLOL

Compare USD inflation to dirac.   The inflation of dirac goes down over time.   That won't be the case with something like USD.

He claims that there will only be  Ð�2,272,800 coins but the creation is infinite. Is he planning a hard fork to fix it or he will continue spreading false information.

Who cares? Diraq won't be relevant in as little as 6 months, but nither will Libertycoin.

[killsig]

Warning Dirac is Inflationary and created infinitely. Bryce is a noob developer:

He says he is against inflation:

https://twitter.com/BryceWeiner/status/472127583451369472

But Dirac is inflationary:

Here is Dirac's reward:
https://github.com/bryceweiner/Dirac/blob/master/src/main.cpp#L1094

And a topic on MAX_MONEY where explains the mistake many noob developers make:
https://bitcointalk.org/index.php?topic=444775.0

TOLLOLOLOL

Compare USD inflation to dirac.   The inflation of dirac goes down over time.   That won't be the case with something like USD.

He claims that there will only be  Ð�2,272,800 coins but the creation is infinite. Is he planning a hard fork to fix it or he will continue spreading false information.

As I've learned....  MAX_COINS  doesn't mean max coins ever in existence.  How do you have a coin with absolutely 0 reward?  Who's gonna process transactions for free?  Legit question for ya.. not trolling. Maybe I'll learn something new.

[CrowdWhale]

It says "inflation mode", which implies to me there is a non-inflation mode. I'm guessing that means rewards can be turned off and the coin will still be mined due to merged mining. Is that correct?

[killsig]

Warning Dirac is Inflationary and created infinitely. Bryce is a noob developer:

He says he is against inflation:

https://twitter.com/BryceWeiner/status/472127583451369472

But Dirac is inflationary:

Here is Dirac's reward:
https://github.com/bryceweiner/Dirac/blob/master/src/main.cpp#L1094

And a topic on MAX_MONEY where explains the mistake many noob developers make:
https://bitcointalk.org/index.php?topic=444775.0

TOLLOLOLOL

Compare USD inflation to dirac.   The inflation of dirac goes down over time.   That won't be the case with something like USD.

He claims that there will only be  Ð�2,272,800 coins but the creation is infinite. Is he planning a hard fork to fix it or he will continue spreading false information.

As I've learned....  MAX_COINS  doesn't mean max coins ever in existence.  How do you have a coin with absolutely 0 reward?  Who's gonna process transactions for free?  Legit question for ya.. not trolling. Maybe I'll learn something new.

I'm pretty sure every coin needs to have a reward of some sort..  or miners will say "uh.. no payment, no mine" no miners = no coin

[moko666]

I withdraw my false accusation.  

[killsig]

Warning Dirac is Inflationary and created infinitely. Bryce is a noob developer:

He says he is against inflation:

https://twitter.com/BryceWeiner/status/472127583451369472

But Dirac is inflationary:

Here is Dirac's reward:
https://github.com/bryceweiner/Dirac/blob/master/src/main.cpp#L1094

And a topic on MAX_MONEY where explains the mistake many noob developers make:
https://bitcointalk.org/index.php?topic=444775.0

TOLLOLOLOL

Compare USD inflation to dirac.   The inflation of dirac goes down over time.   That won't be the case with something like USD.

He claims that there will only be  Ð�2,272,800 coins but the creation is infinite. Is he planning a hard fork to fix it or he will continue spreading false information.

As I've learned....  MAX_COINS  doesn't mean max coins ever in existence.  How do you have a coin with absolutely 0 reward?  Who's gonna process transactions for free?  Legit question for ya.. not trolling. Maybe I'll learn something new.

I'm pretty sure every coin needs to have a reward of some sort..  or miners will say "uh.. no payment, no mine" no miners = no coin

Bryce needs to update the main post in that case, because I almost invested in Dirac, but now I know it's infinite like Fiat I won't do it.

lol.. like bitcoin and every other coin?   you expect miners will stick around for tx fee's alone?   last block on bitcoin was a $24 tx fee.. 

[killsig]

It says "inflation mode", which implies to me there is a non-inflation mode. I'm guessing that means rewards can be turned off and the coin will still be mined due to merged mining. Is that correct?

That's how my gf would think about it...  in her wacky girl way of thinking.   but just because he says inflationary mode doesn't mean there is a non-inflationary mode.. can't put words in the devs mouth then call him a scammer.

[CrowdWhale]

I wasn't putting words in his mouth. I was asking a question. Bryce is a stand-up guy and these goons are just a coordinated pack of FUDers.

[moko666]

I withdraw my false accusation.  Dirac is perfectly fine 

[LionOfNarnia]

.. and mining gets even more profitable, now that BTC has passed $600

With Dirac currently trading @ .0032 BTC & my 2 GPUs mining me 10+/day that's damn close to a hundred quid a week, from just one of my five 'Blake Ecosystem' coins.

Happy Lion!

[jandco]

how you can solo mine it? Offer 10Diracs to a person who can guide me

[chiguireitor]

how you can solo mine it? Offer 10Diracs to a person who can guide me

I could help you, but WHY? mining in the pool yields you Dirac, Electron, Photon, BlakeBitcoin and Blakecoin in one single swoop.

[jandco]

how you can solo mine it? Offer 10Diracs to a person who can guide me

I could help you, but WHY? mining in the pool yields you Dirac, Electron, Photon, BlakeBitcoin and Blakecoin in one single swoop.

i need to know how. thats the thing

[chiguireitor]

how you can solo mine it? Offer 10Diracs to a person who can guide me

I could help you, but WHY? mining in the pool yields you Dirac, Electron, Photon, BlakeBitcoin and Blakecoin in one single swoop.

i need to know how. thats the thing

Configure rpcuser and rpcpassword on dirac.conf in %appdata%/dirac (windows) or ~/.dirac (linux) to secure username and password, set rpcport=X where X is a value between 1024 and 65535. Point cgminer like:

cgminer -a blake -o http://127.0.0.1:X -u rpcuser_value -p rpcpassword_value

I could be missing something, but that's the general idea

EDIT: You must be running the daemon or wallet for this to work.