mitchellmint (OP)
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June 23, 2014, 12:59:29 AM |
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I still haven't figured out which group or individual is the D.A.P.
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Buy TRUSTplus. We are building a Financial Platform.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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mitchellmint (OP)
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Activity: 1139
Merit: 1000
TRUSTplus Dev
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June 23, 2014, 01:08:50 AM |
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I have secured TrustPlus.com
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Buy TRUSTplus. We are building a Financial Platform.
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powersup
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June 23, 2014, 01:09:52 AM |
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Hi Dev,
Maybe you should start some polls on coin specs/features.
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mitchellmint (OP)
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June 23, 2014, 01:16:51 AM |
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Hi Dev,
Maybe you should start some polls on coin specs/features.
Which specific part suggestions are always welcome.
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Buy TRUSTplus. We are building a Financial Platform.
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powersup
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June 23, 2014, 01:36:14 AM |
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Hi Dev,
Maybe you should start some polls on coin specs/features.
Which specific part suggestions are always welcome. You mentioned minerals before. maybe a poll to see if community would like limited POW hash? This could start a healthy debate. Also which features to add. Anon, club rewards(sync), decentralized voting (heavy)? Maybe others could suggest other feature they may like to see.
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majeis
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June 23, 2014, 02:01:46 AM |
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Static diff? What's your reasoning?
I am trying to spin off of Minerals "equal" distribution. There has to be better methods of containing large farms from capturing 30% of a coin and then dumping. It is almost easier to premine 100% and do give-aways. I am sure these large farms are not eco friendly. I imagine slaves turning a magnet begin whipped in the basement somewhere. The opposite method is to create a gate in the source. Only so many coins per wallet per hour Its a work in progress, but a High Diff would slow the big guys down, no instamining. Your thoughts? Sounds like increased probability of a high rate of orphans in the network if there's no method for slowing down block generation in relation to network speed. And a really high static diff will just cripple the transaction speed of your network if you don't have an optimal amount of miners constantly on it. Rate limitation on wallet deposits will just encourage people to run a lot of slow miners or some other roundabout method to maximize returns.
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mitchellmint (OP)
Legendary
Offline
Activity: 1139
Merit: 1000
TRUSTplus Dev
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June 23, 2014, 04:21:40 AM |
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Static diff? What's your reasoning?
I am trying to spin off of Minerals "equal" distribution. There has to be better methods of containing large farms from capturing 30% of a coin and then dumping. It is almost easier to premine 100% and do give-aways. I am sure these large farms are not eco friendly. I imagine slaves turning a magnet begin whipped in the basement somewhere. The opposite method is to create a gate in the source. Only so many coins per wallet per hour Its a work in progress, but a High Diff would slow the big guys down, no instamining. Your thoughts? Sounds like increased probability of a high rate of orphans in the network if there's no method for slowing down block generation in relation to network speed. And a really high static diff will just cripple the transaction speed of your network if you don't have an optimal amount of miners constantly on it. Rate limitation on wallet deposits will just encourage people to run a lot of slow miners or some other roundabout method to maximize returns. I think a higher diff will force people to use Pools, static does have drawbacks. What would you use? Digishield?
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Buy TRUSTplus. We are building a Financial Platform.
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majeis
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June 23, 2014, 05:28:45 AM |
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At least that, also how are you going to prevent blockchain bloat with wallets constantly doing background transactions?
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mitchellmint (OP)
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Activity: 1139
Merit: 1000
TRUSTplus Dev
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June 23, 2014, 12:12:16 PM Last edit: June 23, 2014, 12:22:21 PM by mitchellmint |
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At least that, also how are you going to prevent blockchain bloat with wallets constantly doing background transactions?
Your bloat is another persons smokescreen. I have been thinking about this very issue a lot. FST is quite large. I can forsee TRUST getting large too. Why dont coins start a new chain each year? I do the same thing for hard drives when they are bloated, I just go buy another Drive. Not sure what to call it, "Coin Migration?" Also if an old block chain is no longer needed, and was left to die, all transactional history would be gone as well. At any rate, PoS coins are very easy to maintain, and old chain can be maintained for quite some time. Each new version of the wallet would include a 1 to 1 accessing the old wallet or some web application.
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Buy TRUSTplus. We are building a Financial Platform.
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mitchellmint (OP)
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Activity: 1139
Merit: 1000
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June 24, 2014, 03:12:16 AM |
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I am going to change to 100% Premine if I can find an exchange to take the 0.5 BTC Risk. The exchange gets the entire amount minus the bounties paid out.
This will require 100% trust in the coin to pull off.
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Buy TRUSTplus. We are building a Financial Platform.
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sxh
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June 24, 2014, 03:37:38 AM |
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good idea nice
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mitchellmint (OP)
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Activity: 1139
Merit: 1000
TRUSTplus Dev
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June 24, 2014, 04:27:16 AM |
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I am going to change to 100% Premine if I can find an exchange to take the 0.5 BTC Risk. The exchange gets the entire amount minus the bounties paid out.
This will require 100% trust in the coin to pull off.
I found an exchange that will host but... Cap.... Need a vote.
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Buy TRUSTplus. We are building a Financial Platform.
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powersup
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June 24, 2014, 04:34:24 AM |
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I am going to change to 100% Premine if I can find an exchange to take the 0.5 BTC Risk. The exchange gets the entire amount minus the bounties paid out.
This will require 100% trust in the coin to pull off.
I found an exchange that will host but... Cap.... Need a vote. Can you explain the idea behind the 100% pre-mine? Did I miss something?
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heibitchi
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June 24, 2014, 04:36:40 AM |
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I will trust you after it be builded sucess So work it hard now
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mitchellmint (OP)
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Activity: 1139
Merit: 1000
TRUSTplus Dev
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June 24, 2014, 06:07:56 AM |
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I am going to change to 100% Premine if I can find an exchange to take the 0.5 BTC Risk. The exchange gets the entire amount minus the bounties paid out.
This will require 100% trust in the coin to pull off.
I found an exchange that will host but... Cap.... Need a vote. Can you explain the idea behind the 100% pre-mine? Did I miss something? I tallied up how much Dark Coin cost in electricity... We didn’t really accomplish much as a community. If we skip the whole electricity issue of creating coins, and invest at a low price, we have significantly cut the cost of the coins creation. The Price will be listed low so everyone can have a chance to buy.
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Buy TRUSTplus. We are building a Financial Platform.
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mitchellmint (OP)
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Activity: 1139
Merit: 1000
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June 24, 2014, 06:08:30 AM |
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I will trust you after it be builded sucess So work it hard now
Still workin' I wont release anything half done.
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Buy TRUSTplus. We are building a Financial Platform.
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mitchellmint (OP)
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June 24, 2014, 06:16:30 AM |
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TRUSTplus.com has been secured.
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Buy TRUSTplus. We are building a Financial Platform.
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mitchellmint (OP)
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Activity: 1139
Merit: 1000
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June 24, 2014, 12:04:39 PM |
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Please vote, it currently has no clear winner.
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Buy TRUSTplus. We are building a Financial Platform.
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mitchellmint (OP)
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June 25, 2014, 01:24:21 PM |
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Please vote, it currently has no clear winner.
The No Cap is a surprise, still need more voters.
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Buy TRUSTplus. We are building a Financial Platform.
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mitchellmint (OP)
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Activity: 1139
Merit: 1000
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June 26, 2014, 01:44:24 AM |
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Got a PM to add 7 Day Scrypt and X11 to the vote with the IPO, so... re-vote!
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Buy TRUSTplus. We are building a Financial Platform.
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