[OLD][CSC]CasinoCoin ♠ A Digital Currency For The Regulated Online Gaming Sector

[casinocoin]

BTW: now it is necessary to make changes in the wallet API, right? To show the prices in Alcurex.com instead of Alcurex.org ....

Andre will change it soon, it may take a day or so to fully change everything in the CSC-API since their API may have changed, if not it should be simple.

[GoldSeal]

BTW: now it is necessary to make changes in the wallet API, right? To show the prices in Alcurex.com instead of Alcurex.org ....

Andre will change it soon, it may take a day or so to fully change everything in the CSC-API since their API may have changed, if not it should be simple.

we're testing a wallet build now. 

[casinocoin]

BTW: now it is necessary to make changes in the wallet API, right? To show the prices in Alcurex.com instead of Alcurex.org ....

Andre will change it soon, it may take a day or so to fully change everything in the CSC-API since their API may have changed, if not it should be simple.

we're testing a wallet build now. 

Yes I've got it as well, you should really join the slack!

[ugabuga]

BTW: now it is necessary to make changes in the wallet API, right? To show the prices in Alcurex.com instead of Alcurex.org ....

Andre will change it soon, it may take a day or so to fully change everything in the CSC-API since their API may have changed, if not it should be simple.

Thanks. Good work as always.

[ugabuga]

Well, I think you guys should take a stand about future changes.

If you are going to reduce from 10 to 1, make it public.

Also it was good to know when the new wallet will be launched, but it must be on simultaneously with the changes, right?

Where launch ideas, prices go up .... then everything is suspended in time, and prices fall .... so can not be!

[dukester99]

Well, I think you guys should take a stand about future changes.

If you are going to reduce from 10 to 1, make it public.

Also it was good to know when the new wallet will be launched, but it must be on simultaneously with the changes, right?

Where launch ideas, prices go up .... then everything is suspended in time, and prices fall .... so can not be!

Let's at lease put it up for a vote. 10 to 1 seems drastic

[GoldSeal]

Well, I think you guys should take a stand about future changes.

If you are going to reduce from 10 to 1, make it public.

Also it was good to know when the new wallet will be launched, but it must be on simultaneously with the changes, right?

Where launch ideas, prices go up .... then everything is suspended in time, and prices fall .... so can not be!

Let's at lease put it up for a vote. 10 to 1 seems drastic

From the discussion last week, the majority of community members seem behind it.

[CartmanSPC]

Will be interesting to see what happens to the hashrate if/when the reward gets reduced.

Currently it hovers around 2-4 Gh/s. If that is reduced by 1/10 it may be in the 200-400 Mh/s range. With about 3 BTC of buy support (as of now) it is probably too little for anyone to bother attacking but the potential is there. If there was a significant amount of buy support I would definitely be worried. It would be way too tempting for someone to pass up by doing a double spend attack.

I think people are asking about the reduction because it really hasn't been made clear if a decision has been made. From this thread it appears as it is still being considered/discussed but from the GitHub commits it seems as the people in control of the source intend to go forward with it.

It should also be taken into consideration the this coin does not having much use or function at the moment so people invested in it may not be following developments closely. I know how frustrating that situation can be for developers, etc but it is reality. I applaud the devs for their commitment and wish them the best of luck with this decision.

One nice thing about BTC is that I can invest in it and be assured that the specs of the coin will never change. I suppose that is one reason why so many BTC purists consider Alts worthless.

[GoldSeal]

casinocoin, there seems to be a broken image in the OP. Can you check it?

[ugabuga]

Will be interesting to see what happens to the hashrate if/when the reward gets reduced.

Currently it hovers around 2-4 Gh/s. If that is reduced by 1/10 it may be in the 200-400 Mh/s range. With about 3 BTC of buy support (as of now) it is probably too little for anyone to bother attacking but the potential is there. If there was a significant amount of buy support I would definitely be worried. It would be way too tempting for someone to pass up by doing a double spend attack.

I think people are asking about the reduction because it really hasn't been made clear if a decision has been made. From this thread it appears as it is still being considered/discussed but from the GitHub commits it seems as the people in control of the source intend to go forward with it.

It should also be taken into consideration the this coin does not having much use or function at the moment so people invested in it may not be following developments closely. I know how frustrating that situation can be for developers, etc but it is reality. I applaud the devs for their commitment and wish them the best of luck with this decision.

One nice thing about BTC is that I can invest in it and be assured that the specs of the coin will never change. I suppose that is one reason why so many BTC purists consider Alts worthless.

I also think it's very bold ...

Maybe developers have more information than the information available to the public.

Personally I think it was "safer" reduce the reward gradually (even if it was in one CSC / month). So we would enter in July, and if the roadmap Prypto is correct this time, would see a lot of network to give security.

By reducing to 1 at once, and taking for example mining this point, and assuming that the CSC will reach $ 1USD that day will have about, 20Ghash mining.

These values are easily rented, so you do fork ... and then I think we have problems ...

But in about 22 ~ 27 days, when we get to the small block whichis 10 to 1, we find out what happens ...

[Camus]

Need more positive information about csc, then just praying for the next great coin

[ugabuga]

By the way, I miss the comment of a specific user, about the halving of CSC 10 to 1 and network security ...

I miss the comment of GammingCoins, about all of this ... After the project of him (or Prypto) are currently the major CSC booster, right?

[GoldSeal]

There are several things going on right now. I wouldn't expect a flow of news designed to bolster the price. You'll all find out about things as the are rolled out.

[GoldSeal]

Will be interesting to see what happens to the hashrate if/when the reward gets reduced.

Currently it hovers around 2-4 Gh/s. If that is reduced by 1/10 it may be in the 200-400 Mh/s range. With about 3 BTC of buy support (as of now) it is probably too little for anyone to bother attacking but the potential is there. If there was a significant amount of buy support I would definitely be worried. It would be way too tempting for someone to pass up by doing a double spend attack.

I think people are asking about the reduction because it really hasn't been made clear if a decision has been made. From this thread it appears as it is still being considered/discussed but from the GitHub commits it seems as the people in control of the source intend to go forward with it.

It should also be taken into consideration the this coin does not having much use or function at the moment so people invested in it may not be following developments closely. I know how frustrating that situation can be for developers, etc but it is reality. I applaud the devs for their commitment and wish them the best of luck with this decision.

One nice thing about BTC is that I can invest in it and be assured that the specs of the coin will never change. I suppose that is one reason why so many BTC purists consider Alts worthless.

I also think it's very bold ...

Maybe developers have more information than the information available to the public.

Personally I think it was "safer" reduce the reward gradually (even if it was in one CSC / month). So we would enter in July, and if the roadmap Prypto is correct this time, would see a lot of network to give security.

By reducing to 1 at once, and taking for example mining this point, and assuming that the CSC will reach $ 1USD that day will have about, 20Ghash mining.

These values are easily rented, so you do fork ... and then I think we have problems ...

But in about 22 ~ 27 days, when we get to the small block whichis 10 to 1, we find out what happens ...

Hash rate will decrease sharply, but the coin should function normally. it's time to clip the wings from the auto-selling crowd.

[casinocoin]

Will be interesting to see what happens to the hashrate if/when the reward gets reduced.

Currently it hovers around 2-4 Gh/s. If that is reduced by 1/10 it may be in the 200-400 Mh/s range. With about 3 BTC of buy support (as of now) it is probably too little for anyone to bother attacking but the potential is there. If there was a significant amount of buy support I would definitely be worried. It would be way too tempting for someone to pass up by doing a double spend attack.

I think people are asking about the reduction because it really hasn't been made clear if a decision has been made. From this thread it appears as it is still being considered/discussed but from the GitHub commits it seems as the people in control of the source intend to go forward with it.

It should also be taken into consideration the this coin does not having much use or function at the moment so people invested in it may not be following developments closely. I know how frustrating that situation can be for developers, etc but it is reality. I applaud the devs for their commitment and wish them the best of luck with this decision.

One nice thing about BTC is that I can invest in it and be assured that the specs of the coin will never change. I suppose that is one reason why so many BTC purists consider Alts worthless.

I also think it's very bold ...

Maybe developers have more information than the information available to the public.

Personally I think it was "safer" reduce the reward gradually (even if it was in one CSC / month). So we would enter in July, and if the roadmap Prypto is correct this time, would see a lot of network to give security.

By reducing to 1 at once, and taking for example mining this point, and assuming that the CSC will reach $ 1USD that day will have about, 20Ghash mining.

These values are easily rented, so you do fork ... and then I think we have problems ...

But in about 22 ~ 27 days, when we get to the small block whichis 10 to 1, we find out what happens ...

Hash rate will decrease sharply, but the coin should function normally. it's time to clip the wings from the auto-selling crowd.

I agree, the risk of a double spend may exist but if you look at the hash rate of other coins on Coinwarz it is very possible with other alts as well. Considering the hash rate is at 2.5 gh atm anyone with the majority of that could attempt a double spend and in the grand scheme of things 2.5gh is still not a lot..

[GoldSeal]

Will be interesting to see what happens to the hashrate if/when the reward gets reduced.

Currently it hovers around 2-4 Gh/s. If that is reduced by 1/10 it may be in the 200-400 Mh/s range. With about 3 BTC of buy support (as of now) it is probably too little for anyone to bother attacking but the potential is there. If there was a significant amount of buy support I would definitely be worried. It would be way too tempting for someone to pass up by doing a double spend attack.

I think people are asking about the reduction because it really hasn't been made clear if a decision has been made. From this thread it appears as it is still being considered/discussed but from the GitHub commits it seems as the people in control of the source intend to go forward with it.

It should also be taken into consideration the this coin does not having much use or function at the moment so people invested in it may not be following developments closely. I know how frustrating that situation can be for developers, etc but it is reality. I applaud the devs for their commitment and wish them the best of luck with this decision.

One nice thing about BTC is that I can invest in it and be assured that the specs of the coin will never change. I suppose that is one reason why so many BTC purists consider Alts worthless.

I also think it's very bold ...

Maybe developers have more information than the information available to the public.

Personally I think it was "safer" reduce the reward gradually (even if it was in one CSC / month). So we would enter in July, and if the roadmap Prypto is correct this time, would see a lot of network to give security.

By reducing to 1 at once, and taking for example mining this point, and assuming that the CSC will reach $ 1USD that day will have about, 20Ghash mining.

These values are easily rented, so you do fork ... and then I think we have problems ...

But in about 22 ~ 27 days, when we get to the small block whichis 10 to 1, we find out what happens ...

Hash rate will decrease sharply, but the coin should function normally. it's time to clip the wings from the auto-selling crowd.

I agree, the risk of a double spend may exist but if you look at the hash rate of other coins on Coinwarz it is very possible with other alts as well. Considering the hash rate is at 2.5 gh atm anyone with the majority of that could attempt a double spend and in the grand scheme of things 2.5gh is still not a lot..

yeah a large scrypt mining pool could whack it at that level but given the price, we're not much of a target right now. After  amajor price increase, hashing will go up and this will become irrelevant.

[GoldSeal]

Originally I wanted to drop the block reward from 50 to 2 a few years back and instead we went to 10. Going to 1 permanently gives us a long tail and kicks out the miners that cannibalize the coin. I think it a move to protect those who have invested in the coin and it also helps helps create some value for our partners that frankly will be the ones that get us to $1 and much higher.

[GoldSeal]

Hey, did you guys see the isle of man news two weeks ago:
https://www.cryptocoinsnews.com/bitcoin-gambling-approved-in-isle-of-man-by-regulator/

[gravitate]

Originally I wanted to drop the block reward from 50 to 2 a few years back and instead we went to 10. Going to 1 permanently gives us a long tail and kicks out the miners that cannibalize the coin. I think it a move to protect those who have invested in the coin and it also helps helps create some value for our partners that frankly will be the ones that get us to $1 and much higher.

So have you deceided block reward to 1 then?

[ugabuga]

Originally I wanted to drop the block reward from 50 to 2 a few years back and instead we went to 10. Going to 1 permanently gives us a long tail and kicks out the miners that cannibalize the coin. I think it a move to protect those who have invested in the coin and it also helps helps create some value for our partners that frankly will be the ones that get us to $1 and much higher.

I understand your concerns. I know that probably there is no one so committed to the currency is a huge success, as the developers who put their time without gaining anything in return (well, the information until worth money ... ).
I understand that the partners also have to protect the currency (and automatically their investment) through currency stability, preferably without PUMP AND DUMP.

I think the remedy suggested may be "too strong."

We run the risk of "the patient does not die from the disease, and die of healing ..."

Why not, now reduces to half, until the "PRYPTO" project, and once we get into the project, so then yes,  reward CSC for 2 or 1 ....

The idea of all people, I think it's the same: to protect the currency and the network in which circulates. The only way to get there is what has been different. to many ways....

On the other hand, if the reduction of 10 to 1 is an imposition of the partners, so I think the community should be aware that ... after all affects everyone.

And as for me, blame the AUTO-SELL miners, let me some doubts. After all, from what I know, neither Cryptotopia neither Alcurex has the function "AUTO-SELL" as existed for example in Cryptsy.