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supercointeam (OP)
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July 19, 2014, 04:54:38 AM |
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Hi,supercoindev.
I'd like to hear more about the news of the phase 2.
Thanks.
Guys it's not something can be done in a few days, or decide today complete tomorrow, gotto learn to be patient, it'll be huge thing in altcoin history. We truely working on it. |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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supercointeam (OP)
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July 19, 2014, 04:58:42 AM |
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We can improve our pool, may add extra servers in the future, just keep mining and be patient. Thanks now we need you (everyone) to advertise & promote the pool project. Or bring some ideas so we can promote our project. -Please stay online at chat and help others questions if any or advertise how good to be miner there. http://supermultipool.com/chat-Mention in social media about www.SuperMultipool.comlet's mine! |
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supercoindev
Member
 Offline
Activity: 213
Merit: 10
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July 19, 2014, 05:22:58 AM |
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As promised, here is the this week's weekly update from dev team on the phase-2 project (trustless system):
The dev team started the implementation of the p2p decentralized trustless system, with our proprietary algorithm. As previously noted, the algorithm is pretty complex to ensure all parties behave correctly. If one party is not behaving reasonably, then he will lose his share in a commonly held "escrow" that initially put together (when he agrees to participate the transaction). Why the middle nodes are willing to participate a transaction? because by providing anonymous services to others, he will get commissions. As we said this is a complex process, it in fact includes 20-25 steps in a transaction and it forms a complex tree like structure with various error-conditions (such as one participating party disconnected, or a node trying to cheat) and how the system will handle them.
We are making good progress on our system set up and implementation, but to complete the system, it still requires weeks more of hard work. We are working on it on daily basis, and we will provide updates each week. Please post any questions you may have, and we will try our best to answer them.
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francoise
Member
Offline
Activity: 113
Merit: 10
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July 19, 2014, 06:02:15 AM |
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As promised, here is the this week's weekly update from dev team on the phase-2 project (trustless system):
The dev team started the implementation of the p2p decentralized trustless system, with our proprietary algorithm. As previously noted, the algorithm is pretty complex to ensure all parties behave correctly. If one party is not behaving reasonably, then he will lose his share in a commonly held "escrow" that initially put together (when he agrees to participate the transaction). Why the middle nodes are willing to participate a transaction? because by providing anonymous services to others, he will get commissions. As we said this is a complex process, it in fact includes 20-25 steps in a transaction and it forms a complex tree like structure with various error-conditions (such as one participating party disconnected, or a node trying to cheat) and how the system will handle them.
We are making good progress on our system set up and implementation, but to complete the system, it still requires weeks more of hard work. We are working on it on daily basis, and we will provide updates each week. Please post any questions you may have, and we will try our best to answer them.
great to have update weekly  |
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supercointeam (OP)
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July 19, 2014, 06:19:25 AM |
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As promised, here is the this week's weekly update from dev team on the phase-2 project (trustless system):
The dev team started the implementation of the p2p decentralized trustless system, with our proprietary algorithm. As previously noted, the algorithm is pretty complex to ensure all parties behave correctly. If one party is not behaving reasonably, then he will lose his share in a commonly held "escrow" that initially put together (when he agrees to participate the transaction). Why the middle nodes are willing to participate a transaction? because by providing anonymous services to others, he will get commissions. As we said this is a complex process, it in fact includes 20-25 steps in a transaction and it forms a complex tree like structure with various error-conditions (such as one participating party disconnected, or a node trying to cheat) and how the system will handle them.
We are making good progress on our system set up and implementation, but to complete the system, it still requires weeks more of hard work. We are working on it on daily basis, and we will provide updates each week. Please post any questions you may have, and we will try our best to answer them.
Thanks for the update, lets share this. |
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RCan06
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July 19, 2014, 07:08:06 AM |
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Been following and picking up SuperCoin for awhile now and rode out the post Mintpal decline and Fudding in this thread because this coin has great potential  Thanks for update Dev! also just wanted to let you know the SuperMultipool link on the first page doesn't load. It directs to https://supermultipool.com/ (which doesn't load for me) instead of www.supermultipool.com which does load. Might be just on my end though. Cheers! |
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brookefinancial
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July 19, 2014, 07:11:38 AM |
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I've been adding to my position in Supercoin the last few hours and brought a few people in, they bought thousands of supercoin.
So the "Payout" for the Supercoin mining is going to be in 24-48h? Meaning that the trading volume are probably going to rise in a day or two?
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3D Printing and Bitcoin, that's pretty cool.
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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July 19, 2014, 07:18:26 AM |
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Yes if people don`t dump coins to fast , we will see how much btc will multipool create with this power I've been adding to my position in Supercoin the last few hours and brought a few people in, they bought thousands of supercoin.
So the "Payout" for the Supercoin mining is going to be in 24-48h? Meaning that the trading volume are probably going to rise in a day or two?
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novirudarzg
Member
Offline
Activity: 104
Merit: 10
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July 19, 2014, 07:20:11 AM |
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nice work lads !!  question about multipool: i see you can pick difficuly depending on your miners.. if i have 3 workers (each has 8mhash of x11) do i put them on one supercoin adress and difficulty 8192 ... or i separate them and put difficulty 4096? or 2048? i see this option first time... thanks in advance |
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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July 19, 2014, 07:21:31 AM |
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GREAT !!! thanks for update As promised, here is the this week's weekly update from dev team on the phase-2 project (trustless system):
The dev team started the implementation of the p2p decentralized trustless system, with our proprietary algorithm. As previously noted, the algorithm is pretty complex to ensure all parties behave correctly. If one party is not behaving reasonably, then he will lose his share in a commonly held "escrow" that initially put together (when he agrees to participate the transaction). Why the middle nodes are willing to participate a transaction? because by providing anonymous services to others, he will get commissions. As we said this is a complex process, it in fact includes 20-25 steps in a transaction and it forms a complex tree like structure with various error-conditions (such as one participating party disconnected, or a node trying to cheat) and how the system will handle them.
We are making good progress on our system set up and implementation, but to complete the system, it still requires weeks more of hard work. We are working on it on daily basis, and we will provide updates each week. Please post any questions you may have, and we will try our best to answer them.
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brookefinancial
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July 19, 2014, 07:38:04 AM |
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Yes if people don`t dump coins to fast , we will see how much btc will multipool create with this power I've been adding to my position in Supercoin the last few hours and brought a few people in, they bought thousands of supercoin.
So the "Payout" for the Supercoin mining is going to be in 24-48h? Meaning that the trading volume are probably going to rise in a day or two?
We are holding the Coins, no selling or dumping on our side. My brother bought on mintpal, I bought some on cryptsy, 5000 for a friend too. Maybe more to come. We would like more confidence and trading activity in the market before putting more money. |
3D Printing and Bitcoin, that's pretty cool.
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supercointeam (OP)
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July 19, 2014, 07:41:28 AM |
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Been following and picking up SuperCoin for awhile now and rode out the post Mintpal decline and Fudding in this thread because this coin has great potential Thanks for update Dev! also just wanted to let you know the SuperMultipool link on the first page doesn't load. It directs to https://supermultipool.com/ (which doesn't load for me) instead of www.supermultipool.com which does load. Might be just on my end though. Cheers! Sorry about typo, it's fixed. http://SuperMultipool.com |
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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July 19, 2014, 07:43:16 AM |
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Yes if people don`t dump coins to fast , we will see how much btc will multipool create with this power I've been adding to my position in Supercoin the last few hours and brought a few people in, they bought thousands of supercoin.
So the "Payout" for the Supercoin mining is going to be in 24-48h? Meaning that the trading volume are probably going to rise in a day or two?
We are holding the Coins, no selling or dumping on our side. My brother bought on mintpal, I bought some on cryptsy, 5000 for a friend too. Maybe more to come. We would like more confidence and trading activity in the market before putting more money. Yes i am holding and mining now good times to come |
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supercointeam (OP)
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July 19, 2014, 07:43:37 AM |
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nice work lads !! question about multipool: i see you can pick difficuly depending on your miners.. if i have 3 workers (each has 8mhash of x11) do i put them on one supercoin adress and difficulty 8192 ... or i separate them and put difficulty 4096? or 2048? i see this option first time... thanks in advance It's better you use much lower difficulty such as 256 or 512. So you get maximum performance for the shares send. 8192 for those over 100 mhs. |
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eXe47
Member
Offline
Activity: 118
Merit: 10
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July 19, 2014, 07:47:28 AM |
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nice work lads !! question about multipool: i see you can pick difficuly depending on your miners.. if i have 3 workers (each has 8mhash of x11) do i put them on one supercoin adress and difficulty 8192 ... or i separate them and put difficulty 4096? or 2048? i see this option first time... thanks in advance It's better you use much lower difficulty such as 256 or 512. So you get maximum performance for the shares send. 8192 for those over 100 mhs. maybe you can add it to the difficulty table or post a notice, the difficulty table could be misleading some people. |
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supercointeam (OP)
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July 19, 2014, 07:49:32 AM |
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I've been adding to my position in Supercoin the last few hours and brought a few people in, they bought thousands of supercoin.
So the "Payout" for the Supercoin mining is going to be in 24-48h? Meaning that the trading volume are probably going to rise in a day or two?
Yes, we will buy SUPER from these markets bittrex, mintpal, cryptsy daily. Initial payments will be done manually, later times will be full automatic. We say 24 hours to 48 hours in case. |
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novirudarzg
Member
Offline
Activity: 104
Merit: 10
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July 19, 2014, 07:50:02 AM |
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thanks guys |
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supercointeam (OP)
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July 19, 2014, 08:09:20 AM |
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nice work lads !! question about multipool: i see you can pick difficuly depending on your miners.. if i have 3 workers (each has 8mhash of x11) do i put them on one supercoin adress and difficulty 8192 ... or i separate them and put difficulty 4096? or 2048? i see this option first time... thanks in advance It's better you use much lower difficulty such as 256 or 512. So you get maximum performance for the shares send. 8192 for those over 100 mhs. maybe you can add it to the difficulty table or post a notice, the difficulty table could be misleading some people. We can consider this for the future, but go for standard settings 256 or 512 unless you have over 50mhs hashpower. |
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Poll
