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Author Topic: Bitmark  (Read 622155 times)
Este Nuno
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February 28, 2015, 05:02:23 PM
 #2101

if increase in price continues with the buy ups that are happening network may correct itself beforehand, or at least network speed increase to get five blocks a day ...

It would be ironic if the price rise was due to the proposed algo switching and the price rise itself actually made the switch unnecessary. Cheesy
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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82ndabnmedic
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February 28, 2015, 07:30:50 PM
 #2102

if increase in price continues with the buy ups that are happening network may correct itself beforehand, or at least network speed increase to get five blocks a day ...

It would be ironic if the price rise was due to the proposed algo switching and the price rise itself actually made the switch unnecessary. Cheesy

Haha, Yeah - that would be nice.

The increase in focused development, weekly tangible goals being accomplished...it all helps the communities perspective on our project.

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Bitmark: Project Manager & PR Coordinator


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klopper
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March 06, 2015, 06:57:06 PM
 #2103

It would be nice to get weekly/monthly updates here. This is the first place people look for information about coins, and not everyone is aware that there are lots of discussions about development going on in slack.

Este Nuno
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amarha


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March 06, 2015, 08:35:12 PM
 #2104

It would be nice to get weekly/monthly updates here. This is the first place people look for information about coins, and not everyone is aware that there are lots of discussions about development going on in slack.



Yes, this is a good idea and we should try to get some more frequent updates going on the thread here.
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March 08, 2015, 06:56:53 PM
 #2105

Hi !

i just setup a Pool for BitMark

http://gcpool.ddns.net/bitmark/public/

If you wish help to find Blocks , then join and spread the Hashes

1% Fee
MPOS + NOMP
igba
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March 11, 2015, 12:57:09 AM
 #2106

who's working on the website???

i can lend my services if needed
Este Nuno
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amarha


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March 11, 2015, 09:52:59 AM
 #2107

who's working on the website???

i can lend my services if needed

Great. Actually we've been looking for people to work on the website recently. Are you in our slack.com group yet? If not PM an email address(can be a throwaway if you want) and I'll invite you. (And anyone else who wants an invite can do the same!)
Este Nuno
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March 11, 2015, 12:49:15 PM
 #2108

Hi !

i just setup a Pool for BitMark

http://gcpool.ddns.net/bitmark/public/

If you wish help to find Blocks , then join and spread the Hashes

1% Fee
MPOS + NOMP

Nice. Hopefully we can get some more hashing going soon. Smiley
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March 19, 2015, 04:02:36 AM
 #2109

Hey guys,

Will there be a hard fork for implementing the difficulty change algorithm? I have most of my coins in my wallet dormant, so i need to know whether I should be paying attention to the changes or not. Because i don't plan to sell in the near future.

Thanks! Cheesy


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Este Nuno
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March 19, 2015, 07:19:48 AM
Last edit: March 19, 2015, 02:41:26 PM by Este Nuno
 #2110

Hey guys,

Will there be a hard fork for implementing the difficulty change algorithm? I have most of my coins in my wallet dormant, so i need to know whether I should be paying attention to the changes or not. Because i don't plan to sell in the near future.

Thanks! Cheesy

There's no hard fork scheduled right now, no. But lots of work has been done by dbkeys, leathan, emdje, ecucoin and mark in testing alternative algos. So if he community decides we need to hard fork we should be able to implement some of the new ideas. (edit: Sometime in the future though, not in the short term for sure. A few things need to be worked out first. The important thing is that we have options for the future if it's deemed necessary.)

We will make sure to give lots of notice if we're going to hard fork.
victorteoh
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March 19, 2015, 12:15:35 PM
 #2111

Hey guys,

Will there be a hard fork for implementing the difficulty change algorithm? I have most of my coins in my wallet dormant, so i need to know whether I should be paying attention to the changes or not. Because i don't plan to sell in the near future.

Thanks! Cheesy

There's no hard fork scheduled right now, no. But lots of work has been done by dbkeys, leathan, emdje, ecucoin and mark in testing alternative algos. So if he community decides we need to hard fork we should be able to implement some of the new ideas.

We will make sure to give lots of notice if we're going to hard fork.

Alright, thanks!


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tittiecoiner
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March 20, 2015, 08:27:37 AM
 #2112


There is rough consensus between those actively involved in Bitmark that:

1: Any decision on whether to implement this should come after Marking is Ready for Market.
2: Feedback on the proposal should be collated, and reviewed at our Sunday meetings.
3: Discussion should not detract from our key focus, which is marking.

Thanks,

My opinion is that the algo should be implemented as soon as possible. Say what you want about supply and demand, demand vs price, and Marking not being implemented, but part of the reason that people aren't interested in Bitmark is because it takes a full day (sometimes two) just to complete a transaction.

The talks about mining and algo are always centered around coin supply, but ignore the fact that minting coins is a side effect of mining. The purpose of mining is to secure the network and facilitate transactions. But, because there is no incentive for mining with the current diff, that part is failing.

+1

I mined some BTM back in November and still wait for them to get paid. As a miner, it makes no sense for me to mine this coin.

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March 23, 2015, 11:21:11 AM
Last edit: March 24, 2015, 03:35:12 AM by melvster
 #2113

Unfortunately this project is now in kind of limbo.

Coinsolidation was having marital issues and was without internet for a couple of days, saying he'd be back last sunday.

We've not heard from him since, and have been unable to get in contact, but are trying.

Our primary thought is to make sure markpfennig / coinsolidation is OK, then hopefully get this project back to development.

WRT the project I have the alert codes, but unfortunately not the keys to the foundation nor any of the marking code that was written in the last 8 months which remains in a private repository.  There's currently no codebase checked in to build on

Regarding all those that donated to the foundation, medic has said he may still have the keys on an old computer, we are not sure.

We hope that mark is doing well and if anyone is in contact with him, or knows of someone that is, it would be great to know.  As a community our focus now is on getting back in contact ASAP and making a plan to go forward.
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March 23, 2015, 12:55:28 PM
 #2114

Surely Coinsolidation will be back...
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March 26, 2015, 12:11:43 AM
 #2115

I wish the Dev well, hope he is doing ok

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March 26, 2015, 12:16:09 AM
 #2116

I wish the Dev well, hope he is doing ok

same, coinsolidation is one of the best crypto devs around. I think he'll be back for sure!!
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March 26, 2015, 03:00:37 AM
 #2117

I have faith in Mark and all the dev team  Cool


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bitcoinbboyce
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March 26, 2015, 04:29:55 AM
 #2118

Unfortunately this project is now in kind of limbo.

Coinsolidation was having marital issues and was without internet for a couple of days, saying he'd be back last sunday.

We've not heard from him since, and have been unable to get in contact, but are trying.

Our primary thought is to make sure markpfennig / coinsolidation is OK, then hopefully get this project back to development.

WRT the project I have the alert codes, but unfortunately not the keys to the foundation nor any of the marking code that was written in the last 8 months which remains in a private repository.  There's currently no codebase checked in to build on

Regarding all those that donated to the foundation, medic has said he may still have the keys on an old computer, we are not sure.

We hope that mark is doing well and if anyone is in contact with him, or knows of someone that is, it would be great to know.  As a community our focus now is on getting back in contact ASAP and making a plan to go forward.


I heard that Mark is handing over project for the next couple of months and then will return in May part time, do you think it's feasible that a multi user wallet/Web marking will be available by Q3
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March 26, 2015, 09:12:09 AM
 #2119

The situation is unclear at this point.

We got this message

Quote
Yes unethical behaviour occurred, on my part. I dipped in to a trading fund a few times for basic needs, and over time it mounted up, I'd hoped to simply trade back up again, but given a negative climate I started to dig a financial hole

This is unfortunate, but imho, it's something that with the right support could possibly made right, and the project getting back on track, which is my hope.

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March 26, 2015, 09:23:22 AM
 #2120

The situation is unclear at this point.

We got this message

Quote
Yes unethical behaviour occurred, on my part. I dipped in to a trading fund a few times for basic needs, and over time it mounted up, I'd hoped to simply trade back up again, but given a negative climate I started to dig a financial hole

This is unfortunate, but imho, it's something that with the right support could possibly made right, and the project getting back on track, which is my hope.



Yes, one solution might be as simple as getting right back on track as we all know how much value can be created and realized when a project begins to come to fruition. Hopefully this is possible at some point soon, as it seems like the most obvious solution. Personal issues might make that more complicated than it seems though I guess.
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