[ANN][AID] AidBit | Digital-currency redefined | POW/POS | Groestl | Charity

[vger888]

my new wallet cant work，why?

wallet of 1.2.01  its ok
 

but wallet of 1.2.2 cant work ,help me?

PM vger888 with details. Nobody else is having problems.

Regards,

AidBit

There is no difference in versions 1.0.2.1 and 1.0.2.2 other than added checkpoint.
Use the fix sync problems option in the installer or manually delete all the files
except wallet.dat in %appdata%/AidBit.

[HR]

Block reward per MH/s will be the same (give or take an extremely small percentage random variation) regardless of the overall network hashrate (slowly diminishing on a daily basis according to the payout formula posted on the OP). You are correct in saying that the entire block reward will increase, but that would be a logical eventuality when you get more miners on the mother lode! Regardless, there will be no problem with oversupply. That's a generally unfounded obsession on the part of many that's become very extended as of late (unfounded unless you're talking about coins like DOGE). Don't worry, this is not an issue. If you don't have time to do the math yourself and need to trust someone, take my word for it, I have it very well studied (I think there are lots of folks here on BTF that can vouch for my honesty and integrity). You can also get a very good idea in no time at all with very little effort using this neat little tool: http://www.aidbit.net/trading/ (You can select average difficulty up to 100.)

Thank you for taking time to explain. Should we add some more difficulty options in the chart?

Regards,

AidBit

I wouldn't mind seeing 200 and 400 - just to get an idea on what a truly 'out-of-the-park' diff would do.

[AidBit]

Block reward per MH/s will be the same (give or take an extremely small percentage random variation) regardless of the overall network hashrate (slowly diminishing on a daily basis according to the payout formula posted on the OP). You are correct in saying that the entire block reward will increase, but that would be a logical eventuality when you get more miners on the mother lode! Regardless, there will be no problem with oversupply. That's a generally unfounded obsession on the part of many that's become very extended as of late (unfounded unless you're talking about coins like DOGE). Don't worry, this is not an issue. If you don't have time to do the math yourself and need to trust someone, take my word for it, I have it very well studied (I think there are lots of folks here on BTF that can vouch for my honesty and integrity). You can also get a very good idea in no time at all with very little effort using this neat little tool: http://www.aidbit.net/trading/ (You can select average difficulty up to 100.)

Thank you for taking time to explain. Should we add some more difficulty options in the chart?

Regards,

AidBit

I wouldn't mind seeing 200 and 400 - just to get an idea on what a truly 'out-of-the-park' diff would do.

200 and 400 difficulties added. We've also added 2 years and 4 years periods.

Thank you,

AidBit

[HR]

200 and 400 difficulties added. We've also added 2 years and 4 years periods.

Thank you,

AidBit

Very nice.


If there was any doubt before, I'd say that all those oversupply worries can now be alleviated with a couple clicks of the mouse!

Really sweet!

Thank you!

[virgojeep]

Block reward per MH/s will be the same (give or take an extremely small percentage random variation) regardless of the overall network hashrate (slowly diminishing on a daily basis according to the payout formula posted on the OP). You are correct in saying that the entire block reward will increase, but that would be a logical eventuality when you get more miners on the mother lode! Regardless, there will be no problem with oversupply. That's a generally unfounded obsession on the part of many that's become very extended as of late (unfounded unless you're talking about coins like DOGE). Don't worry, this is not an issue. If you don't have time to do the math yourself and need to trust someone, take my word for it, I have it very well studied (I think there are lots of folks here on BTF that can vouch for my honesty and integrity). You can also get a very good idea in no time at all with very little effort using this neat little tool: http://www.aidbit.net/trading/ (You can select average difficulty up to 100.)

Thank you for taking time to explain. Should we add some more difficulty options in the chart?

Regards,

AidBit

I wouldn't mind seeing 200 and 400 - just to get an idea on what a truly 'out-of-the-park' diff would do.

200 and 400 difficulties added. We've also added 2 years and 4 years periods.

Thank you,

AidBit

Thankyou

[hrt]

Why no mention from the OP how much coins in total?

[infazan]

why so much coin dropped and no warrants to purchase?

https://c-cex.com/?p=aid-btc

[AidBit]

Why no mention from the OP how much coins in total?

The above estimations are the best we can do at this time in predicting the total supply.

Regards,

AidBit

[hrt]

Why no mention from the OP how much coins in total?

The above estimations are the best we can do at this time in predicting the total supply.

Regards,

AidBit

i paraphrase: how much blocks?

[vger888]

Why no mention from the OP how much coins in total?

The above estimations are the best we can do at this time in predicting the total supply.

Regards,

AidBit

i paraphrase: how much blocks?

~1440 blocks/day. No end of POW is set.

[invisiblem11]

pump it!

[Beezy_Z]

When will POW end?

[idad01]

What's new news?

[AidBit]

What's new news?

Currently we're working on a new FAQ section. More info will be available shortly.

We're also starting with light marketing operations and are increasing our efforts on being accepted to Cryptsy.

In the mean time please send support tickets to Cryptsy,
with request to accept AidBit.

https://cryptsy.freshdesk.com/support/tickets/new

Thank you,

AidBit
 

[vetzdog]

I wish you all the Aidbit devs the greatest possible success.

Especially since I'm one of the trolls who've been spending time and energy in vain.

 

[vger888]

I wish you all the Aidbit devs the greatest possible success.

Especially since I'm one of the trolls who've been spending time and energy in vain.

 

Thank you, we will do our best!

[vger888]

Wow, I've just read this: https://bitcointalk.org/index.php?topic=721306.msg8232426#msg8232426

Some devs are really something. Guyz, have your wallets encrypted!

[HR]

some of you will know this already but a lot wont because this isnt a blackhat forum so i will tell you, ready made remote admin tool or wallet stealer are free and costs only $50 to buy equipment to make the virus undetectable for a couple of days, virus gets hidden in the real file and av will never detect it, if dev wants to infect you and isnt a complete moron he will succeed

scanning on virustotal doesnt prove shit and encrypting your wallet doesn't do shit because as soon as you type in the password the hacker will get it either from logged keystrokes or watching your screen in real time

its better to keep new alts on pool or exchange or on different computer to the one with your btc/ other wallets you care about

Yeah, in the world in which we live, especially in this "no trust" environment, what it all ends up coming down to, once again, like it always does, is trust. You've got to trust your devs. There's just no other way around it.

And being smart and not keeping wallets (hot or cold) on any machine that's not defined as a secure and trusted machine. Even then, I keep my wallets on 2 *dedicated* USB and an external DD to boot.

I still think this is the best How To on the practice that I've seen. http://www.cryptobadger.com/2013/05/guide-bitcoin-wallet-security/


BTW, on another note, looks like the difficulty after PoS is progressively rising.  

[bathrobehero]

Use VM or Sandbox tools or a dummy machine. Never run wallets outside of them.

[vger888]

Use VM or Sandbox tools or a dummy machine. Never run wallets outside of them.

Sandbox can be useful, yes. Also, 7-zip can provide quite effective encryption (AES-256), so do zip your sensitive files.

V.