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Author Topic: BTCD is no more  (Read 1327571 times)
jl777
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November 23, 2014, 05:28:14 AM
 #7741

What's NW stake?

The network stake weight, or the total number of coins that are staking at any point in time.  If you are staking, hover over the green arrow in your wallet and it will display three things....

1) Your weight
2) NW stake weight
3) Expected time to earn reward

Right now we have 46k Network weight. Last time we had about >100k. Does this mean now half the ammount of coins is staking? What compounds to "network weight" and "your weight"?

Makes no sense to me that Network weight varies that much. BTCD is a explicit HODL-coin and I think majority of coinholders is staking.

Look at coin control in your wallet to get more insight into staking...
Or buy a High Stake coin that pays 200% or whatever to experiment and learn.

Large fluctuations in Network Weight...
Are generally caused by whales with large blocks staking (hi) and then recharging (lo).
Sorry for interrupt, but is BTCD still staking to give 5% interest per year?
I do understand fluctuation on NW, but I have never paid close to 5% annual rate(I am very well aware of how compound rate works and I have been staking for few months).
So I am just wondering if staking doesn't work as expected or skewed.
what rate are you getting?
are you on a Mac?
also, if you have small amount, variations can be large

one way to smooth out payout is to split into different addresses. theoretically it should be the same, but in practice is seems to boost the results

James

Thanks for the response.
I am using it on Windows and have some good amount.
I haven't really calculated the interest rate meticulously, but I used to get 50~80% of the expected interest and haven't really gotten more than expected daily interest.
I am aware that variance can happen, but I am just asking since I haven't really been on the above-average side(again, I don't calculate daily interest meticulously and I could be wrong).
The other thing is that not every BTCD holder is staking and thus, the actual interest rate should be higher than 5%(correct me if I am wrong since this is my assumption based on poor knowledge about staking).
I don't really care about interest as I am not investing for dividend, but I post a question since this topic showed up.
Thanks
about what percentage of staked blocks are rejected?
80% of expected is pretty good

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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crackfoo
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November 24, 2014, 08:17:35 PM
 #7742

The latest shift for the BitcoinDark multipool paid out over 124 BTCD.

We need to have some more mining support over here at this pool It has been pretty good until the past few weeks. The lower prices are a perfect reason to point more hash at the pool. These low prices won't last for much longer as BTCD and SuperNET are nearing their v1 release.

Cheers!

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November 24, 2014, 10:59:07 PM
 #7743

Tell me how much BTCD can be mined per day with 500Gh/s? Planning to buy in a miner then.

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November 24, 2014, 11:35:28 PM
 #7744

Tell me how much BTCD can be mined per day with 500Gh/s? Planning to buy in a miner then.

BTCD is not 'mineable' since it's PoS only now.  You can still 'mine' using a multi-pool but this is not the best way to get BTCD at the moment.  Your better off buying all now with BTC directly, instead of mining altcoins, trading, and buying little by little over time.

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November 24, 2014, 11:47:51 PM
 #7745

Ah ok, definitely i'm out of that mining part..let me read in again Smiley

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November 25, 2014, 06:49:29 PM
 #7746

Have you guys seen this BTCD promo video yet?  Shocked

http://vimeo.com/108150786
nwfella
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November 25, 2014, 08:34:16 PM
 #7747

Have you guys seen this BTCD promo video yet?  Shocked

http://vimeo.com/108150786
Sure have.  A little hard for me to see the lettering on the InstantDEX portion of it because my hella old laptop's screen is so dim.

Bibox Exchange
https://www.bibox.com/signPage?id=11907482

BTC: 1NPQP9Z4Ju6rTnH4uR6986kGVnEkpyYFJZ
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Sons_of_Crypto
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November 25, 2014, 08:50:13 PM
 #7748

Have you guys seen this BTCD promo video yet?  Shocked

http://vimeo.com/108150786

wow not bad

***Whale watching***
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November 25, 2014, 08:58:14 PM
 #7749

Have you guys seen this BTCD promo video yet?  Shocked

http://vimeo.com/108150786
Sure have.  A little hard for me to see the lettering on the InstantDEX portion of it because my hella old laptop's screen is so dim.

I agree, it's definitely not perfect.

But the overall quality is pretty nice. I wonder what program was used to make this.

Imagine a whole instructional video made in this style.
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November 26, 2014, 04:01:12 AM
 #7750

The latest shift for the BitcoinDark multipool paid out over 32 BTCD.

We need to have some more mining support over here at this pool It has been pretty good until the past few weeks. The lower prices are a perfect reason to point more hash at the pool. These low prices won't last for much longer as BTCD and SuperNET are nearing their v1 release.

Cheers!

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November 26, 2014, 05:22:14 AM
 #7751

Some believe that the most popular Darkmarket coin will be 'second only to Bitcoin', assuming Bitcoin stays where it is.

Does anyone have any ideas about how this might play out regarding BTCD, Monero, Darkcoin etc

Perhaps the first really successful decentralized marketplace will choose a coin and that will be it. A decentralized Silk Road that is so unbreakable and long lasting that it gets a lot of mainstream media attention. I think that could be it.




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November 26, 2014, 07:24:32 AM
 #7752

Hi FUDder, please leave

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McDoxy1
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November 26, 2014, 07:41:24 AM
 #7753

Hi FUDder, please leave

Who are you referring to?
Fern definitely asked a legitimate question.

@Fern:
That could be a realistic scenario.
But another possibility is that people looking for a anonymous marketplace to trade on will look for the marketplace with the best privacy coin, which might decide the race. Or it won't be decided through decentralized marketplaces at all. Who knows.
satoutaka6612
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November 26, 2014, 08:55:30 AM
 #7754

I have a question about after the start of the supernet

* Dividends in BTC for BTCD Holders
  This is, what if there is more than one address in one of the purse?

Dividend is linked to purse
Or
Dividend is linked to the address?
Fern
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November 26, 2014, 09:19:11 AM
 #7755

Hi FUDder, please leave

Who are you referring to?
Fern definitely asked a legitimate question.

@Fern:
That could be a realistic scenario.
But another possibility is that people looking for a anonymous marketplace to trade on will look for the marketplace with the best privacy coin, which might decide the race. Or it won't be decided through decentralized marketplaces at all. Who knows.

I'm not FUDing around here Badass, I'm a NXT, SuperNet and BTCD supporter from way back. And thanks McDoxy1 for your view.

I was hoping James would chime in on now he might see it all panning out over the next few years.
clovis A.
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November 26, 2014, 12:30:53 PM
 #7756

Hi FUDder, please leave

Who are you referring to?
Fern definitely asked a legitimate question.

@Fern:
That could be a realistic scenario.
But another possibility is that people looking for a anonymous marketplace to trade on will look for the marketplace with the best privacy coin, which might decide the race. Or it won't be decided through decentralized marketplaces at all. Who knows.

I'm not FUDing around here Badass, I'm a NXT, SuperNet and BTCD supporter from way back. And thanks McDoxy1 for your view.

I was hoping James would chime in on now he might see it all panning out over the next few years.

With the year coming to an end and the big tech release inching closer and closer, we'll have a better idea before too long Smiley.  As long as all James' tech comes to fruition, I don't see how BTCD couldn't be ranked at the top of the privacy/anon coins.

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November 26, 2014, 01:33:39 PM
 #7757

BTCD has the best anon tech to date, and combined with SuperNET I wouldn't be suprised if we would see a price of 0,05 sometime next year or the year after.
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November 26, 2014, 03:32:12 PM
 #7758

Some believe that the most popular Darkmarket coin will be 'second only to Bitcoin', assuming Bitcoin stays where it is.

Does anyone have any ideas about how this might play out regarding BTCD, Monero, Darkcoin etc

Perhaps the first really successful decentralized marketplace will choose a coin and that will be it. A decentralized Silk Road that is so unbreakable and long lasting that it gets a lot of mainstream media attention. I think that could be it.






Look at it from the user's perspective.

There are a million easy ways to go FIAT->BTC->Marketplace

The average user probably doesn't care to add an extra step to the process with FIAT->BTC->PrivacyAltcoin->Marketplace


I think BitcoinDark will be good for use in any type commerce, like Bitcoin is.  It will be too powerful of a system to be restricted to just the darknet.
durerus
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November 26, 2014, 03:49:30 PM
 #7759

When I try to open the client it says:

"A fatal error occured ...

EXCEPTION: St13runtime_error
init_blockindex(): error opening database environment Corruption: 56 missing files"

Made a system restore two days ago. What should I do now? Wanna keep staking Wink
visual111
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November 26, 2014, 03:53:02 PM
 #7760

Some believe that the most popular Darkmarket coin will be 'second only to Bitcoin', assuming Bitcoin stays where it is.

Does anyone have any ideas about how this might play out regarding BTCD, Monero, Darkcoin etc

Perhaps the first really successful decentralized marketplace will choose a coin and that will be it. A decentralized Silk Road that is so unbreakable and long lasting that it gets a lot of mainstream media attention. I think that could be it.






Freemarket might fit this

I don't know enough about openbazaar to comment on how decentralized it is, but perhaps OB is worth looking into

Some believe that the most popular Darkmarket coin will be 'second only to Bitcoin', assuming Bitcoin stays where it is.

Does anyone have any ideas about how this might play out regarding BTCD, Monero, Darkcoin etc

Perhaps the first really successful decentralized marketplace will choose a coin and that will be it. A decentralized Silk Road that is so unbreakable and long lasting that it gets a lot of mainstream media attention. I think that could be it.






Look at it from the user's perspective.

There are a million easy ways to go FIAT->BTC->Marketplace

The average user probably doesn't care to add an extra step to the process with FIAT->BTC->PrivacyAltcoin->Marketplace


I think BitcoinDark will be good for use in any type commerce, like Bitcoin is.  It will be too powerful of a system to be restricted to just the darknet.

I am guessing you will be able to do fiat -> btcd -> marketplace with supernet. maybe coinomat will be nice enough to implement this






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