[XDN] duckNote [ANN]. Anonymous, CPU-efficient, Smart Economy

[e1ghtSpace]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

Mine took one hour but now has 5/6 confirmations... so transfers are just delayed.

Oh, so you can do exchange to exchange transactions?
I assume this guy didn't see that it was from one exchange to another, but if so, can someone please verify this?

[pwstegman]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

Mine took one hour but now has 5/6 confirmations... so transfers are just delayed.

Oh, so you can do exchange to exchange transactions?
I assume this guy didn't see that it was from one exchange to another, but if so, can someone please verify this?

e1ghtSpace, you were right the first time.  Zer0Sum probably misread.

You cannot withdraw from bittrex to poloniex as bittrex does not allow you to provide a transaction ID.  On poloniex, everyone uses the same wallet address for ducknote, so you need to provide a transaction id.  You can generate you transaction id under the balances tab of poloniex.

[theboccet]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

Mine took one hour but now has 5/6 confirmations... so transfers are just delayed.

Oh, so you can do exchange to exchange transactions?
I assume this guy didn't see that it was from one exchange to another, but if so, can someone please verify this?

i will try transfert from polo to bittrex and then from bittrex to polo.it will take a long time but i will inform you about the result

[pwstegman]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

Mine took one hour but now has 5/6 confirmations... so transfers are just delayed.

Oh, so you can do exchange to exchange transactions?
I assume this guy didn't see that it was from one exchange to another, but if so, can someone please verify this?

i will try transfert from polo to bittrex and then from bittrex to polo.it will take a long time but i will inform you about the result

No don't do that!  Just post your depost address for duck so we can see that it's the same

It should be (for poloniex) ddddecTXF5B9PDwqZXP4Bs1FwttZbhF2YTRstruKctMoFJTE3VgD5uKd4RzmTHdzkv52wWWK2NYmfJe aiTuut2Pe2RVimGCvZ

[theboccet]

how long take xdn transfer from bittrex to poloniex?
because i sent it 2 hours ago and it still didn't reach

Mine took one hour but now has 5/6 confirmations... so transfers are just delayed.

Oh, so you can do exchange to exchange transactions?
I assume this guy didn't see that it was from one exchange to another, but if so, can someone please verify this?

i will try transfert from polo to bittrex and then from bittrex to polo.it will take a long time but i will inform you about the result

No don't do that!  Just post your depost address for duck so we can see if it's the same

It should be (for poloniex) ddddecTXF5B9PDwqZXP4Bs1FwttZbhF2YTRstruKctMoFJTE3VgD5uKd4RzmTHdzkv52wWWK2NYmfJe aiTuut2Pe2RVimGCvZ

it's OK guys.i asked that in the trollbox of polo and have the confirmation from a moderator that transfert from exchange to another don't work

[pwstegman]

Everyone please read before you send.  They have it there in bold not to do that... I don't even know why there was debate 

[theboccet]

but i will ask you about mining XDN
is that worth to mine it or to trade? because i see the reward dropped.

[pwstegman]

but i will ask you about mining XDN
is that worth to mine it or to trade? because i see the reward dropped.

The reward hasn't dropped yet.  When it halves (in a few days) the mining and trading will be exactly even (based on ec2 spot prices)

[theboccet]

but i will ask you about mining XDN
is that worth to mine it or to trade? because i see the reward dropped.

The reward hasn't dropped yet.  When it halves (in a few days) the mining and trading will be exactly even (based on ec2 spot prices)

OK thank you.because i planned to rent servers to enhance my mining hash and it's about 10$ for 1Kh in 24 hours.
is it a good plan

[pwstegman]

but i will ask you about mining XDN
is that worth to mine it or to trade? because i see the reward dropped.

The reward hasn't dropped yet.  When it halves (in a few days) the mining and trading will be exactly even (based on ec2 spot prices)

OK thank you.because i planned to rent servers to enhance my mining hash and it's about 10$ for 1Kh in 24 hours.
is it a good plan

Here's the math so you can do it in the future (This formula assumes you are NOT currently mining, as in the network hashrate will increase by however much you plan on adding):

your hashrate / (net hashrate + your hashrate) * block reward * (1 - pool fee) * (1 - orphan rate) * 360 * current price of xdn in btc * current price of bitcoin in usd = how much you make in a day

1/(330.13+1) * 320000 * 0.98 * 0.97 * 360 * 0.00000010 * 586.33 = ~$19

If you are currently mining, as in the network hashrate INCLUDES you hashrate, then use:

your hashrate / net hashrate * block reward * (1 - pool fee) * (1 - orphan rate) * 360 * current price of xdn in btc * current price of bitcoin in usd = how much you make in a day

Other things to keep in mind:

Pool might temporarily go down, which will cost you
People sending mass transactions, which temporarily decreases the block reward (that's why it sometimes shows up as less than 320000)
You would  make ~$19 but don't forget the block reward will half soon
the price may change (although it will probably go up, which is good for you)
the network hashrate may change, if it goes up you make less, if it goes down you make more
Price of bitcoin may change, if it goes up you make more, down you make less
The pool fee of 2% was a guess, it may be different
The orphan rate may change, although 3% is what it is on duck.extremepool.org

[theboccet]

but i will ask you about mining XDN
is that worth to mine it or to trade? because i see the reward dropped.

The reward hasn't dropped yet.  When it halves (in a few days) the mining and trading will be exactly even (based on ec2 spot prices)

OK thank you.because i planned to rent servers to enhance my mining hash and it's about 10$ for 1Kh in 24 hours.
is it a good plan

Here's the math so you can do it in the future (This formula assumes you are NOT currently mining, as in the network hashrate will increase by however much you plan on adding):

your hashrate / (net hashrate + your hashrate) * block reward * (1 - pool fee) * (1 - orphan rate) * 360 * current price of xdn in btc * current price of bitcoin in usd = how much you make in a day

1/(330.13+1) * 320000 * 0.98 * 0.97 * 360 * 0.00000010 * 586.33 = ~$19

If you are currently mining, as in the network hashrate INCLUDES you hashrate, then use:

your hashrate / net hashrate * block reward * (1 - pool fee) * (1 - orphan rate) * 360 * current price of xdn in btc * current price of bitcoin in usd = how much you make in a day

Other things to keep in mind:

Pool might temporarily go down, which will cost you
People sending mass transactions, which temporarily decreases the block reward (that's why it sometimes shows up as less than 320000)
You would  make ~$19 but don't forget the block reward will half soon
the price may change (although it will probably go up, which is good for you)
the network hashrate may change, if it goes up you make less, if it goes down you make more
Price of bitcoin may change, if it goes up you make more, down you make less
The pool fee of 2% was a guess, it may be different
The orphan rate may change, although 3% is what it is on duck.extremepool.org

nice reply man.you explain all things about mining and rewards.
thank you so much.it helped me a lot for sure.
sure thing is that the reward dropped a lot because of mass transactions.
i will rent the server and hope for the best

[pwstegman]

but i will ask you about mining XDN
is that worth to mine it or to trade? because i see the reward dropped.

The reward hasn't dropped yet.  When it halves (in a few days) the mining and trading will be exactly even (based on ec2 spot prices)

OK thank you.because i planned to rent servers to enhance my mining hash and it's about 10$ for 1Kh in 24 hours.
is it a good plan

Here's the math so you can do it in the future (This formula assumes you are NOT currently mining, as in the network hashrate will increase by however much you plan on adding):

your hashrate / (net hashrate + your hashrate) * block reward * (1 - pool fee) * (1 - orphan rate) * 360 * current price of xdn in btc * current price of bitcoin in usd = how much you make in a day

1/(330.13+1) * 320000 * 0.98 * 0.97 * 360 * 0.00000010 * 586.33 = ~$19

If you are currently mining, as in the network hashrate INCLUDES you hashrate, then use:

your hashrate / net hashrate * block reward * (1 - pool fee) * (1 - orphan rate) * 360 * current price of xdn in btc * current price of bitcoin in usd = how much you make in a day

Other things to keep in mind:

Pool might temporarily go down, which will cost you
People sending mass transactions, which temporarily decreases the block reward (that's why it sometimes shows up as less than 320000)
You would  make ~$19 but don't forget the block reward will half soon
the price may change (although it will probably go up, which is good for you)
the network hashrate may change, if it goes up you make less, if it goes down you make more
Price of bitcoin may change, if it goes up you make more, down you make less
The pool fee of 2% was a guess, it may be different
The orphan rate may change, although 3% is what it is on duck.extremepool.org

nice reply man.you explain all things about mining and rewards.
thank you so much.it helped me a lot for sure.
sure thing is that the reward dropped a lot because of mass transactions.
i will rent the server and hope for the best

No problem.  Hope it goes well!

[bitspender]

Watching this coin... Bought 0.8BTC, let's see what it does

[drkman]

Just an FYI.  At 9 satoshis Ducknote already has a very pricey mkcap of near half a million.  Don't let the satoshis fool you into thinking Ducknote is cheap.

[pwstegman]

Just an FYI.  At 9 satoshis Ducknote already has a very pricey mkcap of near half a million.  Don't let the satoshis fool you into thinking Ducknote is cheap.

the other cryptonotes have market caps weeeelllll over a million

[zjz_lgd]

is it a copy of XMR?
the name is too simple, too young!

[33zer0w0lf]

is it a copy of XMR?
the name is too simple, too young!

and xmr is a copy of bytecoin

[pwstegman]

is it a copy of XMR?
the name is too simple, too young!

and xmr is a copy of bytecoin

But unlike xmr and bytecoin, ducknote has a 4 min blocktime, so it has fewer orphan blocks

Coins rarely are copies of each other, and I find it misleading when people use that term.  Whenever a "copy" is made, it is generally an improvement upon a coin, or another way of approaching a problem that the last coin was trying to solve.  In ducknote's case, the main change was the blocktime, ducknote sacrifices slightly faster transactions for fewer orphan blocks.

[Zer0Sum]

Just an FYI.  At 9 satoshis Ducknote already has a very pricey mkcap of near half a million.  Don't let the satoshis fool you into thinking Ducknote is cheap.

the other cryptonotes have market caps weeeelllll over a million

Not sure about that...
There are about 3 billion DuckNotes at 9 sats...
that's 270 BTC = $160,000... seems reasonably priced.

And since we have only traded about 30 BTC in volume...
I would give it at least a week before we have a meaningful price.

[zqjqiu]

XDN is a good name, like XMR.

perfect number:Total duckNotes: 8 589 869 056.00000000