broseph
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August 27, 2014, 02:44:01 PM |
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The post from that guy in the last page really made me think. Here I was thinking this was a cool innovative coin but what he said about how this can work in places with little online infrastructure really opened my eyes to the true potential for this coin. I'm thinking of being a long term LXC HODLer, I mean, I wouldn't wanna be like those guys that cashed out of bitcoin when it hit $1.00 .
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fairglu
Legendary
Offline
Activity: 1100
Merit: 1032
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August 27, 2014, 02:48:17 PM |
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No, that's only the wallets the explorer wallets saw, so it should only be used as a way to estimate which wallet version the network is using the most, and if people are upgrading. The staking addresses for the last 100/1000 blocks can be found on https://chainz.cryptoid.info/lxc/#!extraction. For instance at the moment there were 59 different staking addresses for the last 1000 blocks, which means that at most 59 wallets staked successfully during the last 1000 blocks. I say "at most" because a wallet can have multiple addresses, and could have staked successfully on more than one address during the last 1000 blocks. And of course some wallets could have staked but been unsuccessful/unlucky. FWIW the address DJjdoVR3xhbc... is the one that has staked the most recently (its also #12 on the rich list, but none of the top eleven rich lists addresses are staking AFAICT), and itcontributed the most to the security of the blockchain. You should see the staking as first and foremost a way to secure the network, the interest is just bonus. A PoS blockchain with only a couple staking addresses would be as vulnerable as a PoW blockchain with only couple mining pools, and probably more vulnerable since you probably don't have 24/7 monitoring and DDOS protection on a staking wallet like a pool should have
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Librexcoindev (OP)
Sr. Member
Offline
Activity: 336
Merit: 250
"Proof-of-Asset Protocol"
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August 27, 2014, 03:05:30 PM |
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The post from that guy in the last page really made me think. Here I was thinking this was a cool innovative coin but what he said about how this can work in places with little online infrastructure really opened my eyes to the true potential for this coin. I'm thinking of being a long term LXC HODLer, I mean, I wouldn't wanna be like those guys that cashed out of bitcoin when it hit $1.00 .
same here, i mined 3100 BTCD and sold for 4BTC, today worth would be 30 BTC, i'm still recovering from heartattack;-)) I'm thinking it would be worth way more than 30 BTC.
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Librexcoindev (OP)
Sr. Member
Offline
Activity: 336
Merit: 250
"Proof-of-Asset Protocol"
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August 27, 2014, 03:11:40 PM |
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No, that's only the wallets the explorer wallets saw, so it should only be used as a way to estimate which wallet version the network is using the most, and if people are upgrading. The staking addresses for the last 100/1000 blocks can be found on https://chainz.cryptoid.info/lxc/#!extraction. For instance at the moment there were 59 different staking addresses for the last 1000 blocks, which means that at most 59 wallets staked successfully during the last 1000 blocks. I say "at most" because a wallet can have multiple addresses, and could have staked successfully on more than one address during the last 1000 blocks. And of course some wallets could have staked but been unsuccessful/unlucky. FWIW the address DJjdoVR3xhbc... is the one that has staked the most recently (its also #12 on the rich list, but none of the top eleven rich lists addresses are staking AFAICT), and itcontributed the most to the security of the blockchain. You should see the staking as first and foremost a way to secure the network, the interest is just bonus. A PoS blockchain with only a couple staking addresses would be as vulnerable as a PoW blockchain with only couple mining pools, and probably more vulnerable since you probably don't have 24/7 monitoring and DDOS protection on a staking wallet like a pool should have Thanks for that Fairglu. He made the explorer btw. I will make a few wallets and buy some coins from the exchanges and put them on verious machines to help keep the network healthy and secure. I hope others will follow my lead and do the same. Got a few computers? Put a wallet on each one with some coins in them to help strengthen the network security and earn some extra coins. The mobile apps also stake and count as wallets so be sure to use them as well.
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broseph
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August 27, 2014, 03:12:01 PM |
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The post from that guy in the last page really made me think. Here I was thinking this was a cool innovative coin but what he said about how this can work in places with little online infrastructure really opened my eyes to the true potential for this coin. I'm thinking of being a long term LXC HODLer, I mean, I wouldn't wanna be like those guys that cashed out of bitcoin when it hit $1.00 .
same here, i mined 3100 BTCD and sold for 4BTC, today worth would be 30 BTC, i'm still recovering from heartattack;-)) Yeah and I'm remembering a talk by Andreas when he said that Kodak survived all the attacks from the digital camera companies. But they really went out of business when Nokia started putting cheapo cameras on their cellphones. I live in a relatively poor country and trust me when I say that sometimes we live in a bubble when we see friends and families with smartphones but the majority of the people have chep and very basic phones. If you want an example of how mobile money works in poor places look no further than the M-Pesa example in Kenya. https://www.youtube.com/watch?v=i0dBWaen3aQ
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racer2012
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August 27, 2014, 03:13:18 PM |
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Let's get to 10k than 50k than $1 and than bet $10 to $30 per lxc
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Librexcoindev (OP)
Sr. Member
Offline
Activity: 336
Merit: 250
"Proof-of-Asset Protocol"
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August 27, 2014, 03:19:20 PM |
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The post from that guy in the last page really made me think. Here I was thinking this was a cool innovative coin but what he said about how this can work in places with little online infrastructure really opened my eyes to the true potential for this coin. I'm thinking of being a long term LXC HODLer, I mean, I wouldn't wanna be like those guys that cashed out of bitcoin when it hit $1.00 .
same here, i mined 3100 BTCD and sold for 4BTC, today worth would be 30 BTC, i'm still recovering from heartattack;-)) Yeah and I'm remembering a talk by Andreas when he said that Kodak survived all the attacks from the digital camera companies. But they really went out of business when Nokia started putting cheapo cameras on their cellphones. I live in a relatively poor country and trust me when I say that sometimes we live in a bubble when we see friends and families with smartphones but the majority of the people have chep and very basic phones. If you want an example of how mobile money works in poor places look no further than the M-Pesa example in Kenya. https://www.youtube.com/watch?v=i0dBWaen3aQOur goal is to have LibrexSend on those cheapo phones too. Massive markets in India, China, Indonesia and Africa as a whole with billions of potential users. We intend to be a true global currency.
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elite2291
Member
Offline
Activity: 161
Merit: 10
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August 27, 2014, 03:22:36 PM |
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LXC looking great I'm going to take advantage now and buy lots more b4 it goes to 15k target.
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AltcoinsMessiah
Newbie
Offline
Activity: 42
Merit: 0
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August 27, 2014, 03:22:55 PM |
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The post from that guy in the last page really made me think. Here I was thinking this was a cool innovative coin but what he said about how this can work in places with little online infrastructure really opened my eyes to the true potential for this coin. I'm thinking of being a long term LXC HODLer, I mean, I wouldn't wanna be like those guys that cashed out of bitcoin when it hit $1.00 .
same here, i mined 3100 BTCD and sold for 4BTC, today worth would be 30 BTC, i'm still recovering from heartattack;-)) Yeah and I'm remembering a talk by Andreas when he said that Kodak survived all the attacks from the digital camera companies. But they really went out of business when Nokia started putting cheapo cameras on their cellphones. I live in a relatively poor country and trust me when I say that sometimes we live in a bubble when we see friends and families with smartphones but the majority of the people have chep and very basic phones. If you want an example of how mobile money works in poor places look no further than the M-Pesa example in Kenya. https://www.youtube.com/watch?v=i0dBWaen3aQOur goal is to have LibrexSend on those cheapo phones too. Massive markets in India, China, Indonesia and Africa as a whole with billions of potential users. We intend to be a true global currency. And this is why I'm investing in Librex!
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dida
Legendary
Offline
Activity: 1190
Merit: 1000
SoNiC BooM
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August 27, 2014, 03:26:14 PM |
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The post from that guy in the last page really made me think. Here I was thinking this was a cool innovative coin but what he said about how this can work in places with little online infrastructure really opened my eyes to the true potential for this coin. I'm thinking of being a long term LXC HODLer, I mean, I wouldn't wanna be like those guys that cashed out of bitcoin when it hit $1.00 .
same here, i mined 3100 BTCD and sold for 4BTC, today worth would be 30 BTC, i'm still recovering from heartattack;-)) Yeah and I'm remembering a talk by Andreas when he said that Kodak survived all the attacks from the digital camera companies. But they really went out of business when Nokia started putting cheapo cameras on their cellphones. I live in a relatively poor country and trust me when I say that sometimes we live in a bubble when we see friends and families with smartphones but the majority of the people have chep and very basic phones. If you want an example of how mobile money works in poor places look no further than the M-Pesa example in Kenya. https://www.youtube.com/watch?v=i0dBWaen3aQOur goal is to have LibrexSend on those cheapo phones too. Massive markets in India, China, Indonesia and Africa as a whole with billions of potential users. We intend to be a true global currency. yep ...simple Java wallet (or Simbian) will be BINGO
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bangomatic
Legendary
Offline
Activity: 1246
Merit: 1000
ARK Team likes to ban and delete posts in reddit.
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August 27, 2014, 03:27:08 PM |
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The post from that guy in the last page really made me think. Here I was thinking this was a cool innovative coin but what he said about how this can work in places with little online infrastructure really opened my eyes to the true potential for this coin. I'm thinking of being a long term LXC HODLer, I mean, I wouldn't wanna be like those guys that cashed out of bitcoin when it hit $1.00 .
same here, i mined 3100 BTCD and sold for 4BTC, today worth would be 30 BTC, i'm still recovering from heartattack;-)) Yeah and I'm remembering a talk by Andreas when he said that Kodak survived all the attacks from the digital camera companies. But they really went out of business when Nokia started putting cheapo cameras on their cellphones. I live in a relatively poor country and trust me when I say that sometimes we live in a bubble when we see friends and families with smartphones but the majority of the people have chep and very basic phones. If you want an example of how mobile money works in poor places look no further than the M-Pesa example in Kenya. https://www.youtube.com/watch?v=i0dBWaen3aQOur goal is to have LibrexSend on those cheapo phones too. Massive markets in India, China, Indonesia and Africa as a whole with billions of potential users. We intend to be a true global currency. Incredible! Buy Byu and HODL.
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dida
Legendary
Offline
Activity: 1190
Merit: 1000
SoNiC BooM
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August 27, 2014, 03:28:38 PM |
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The post from that guy in the last page really made me think. Here I was thinking this was a cool innovative coin but what he said about how this can work in places with little online infrastructure really opened my eyes to the true potential for this coin. I'm thinking of being a long term LXC HODLer, I mean, I wouldn't wanna be like those guys that cashed out of bitcoin when it hit $1.00 .
same here, i mined 3100 BTCD and sold for 4BTC, today worth would be 30 BTC, i'm still recovering from heartattack;-)) Yeah and I'm remembering a talk by Andreas when he said that Kodak survived all the attacks from the digital camera companies. But they really went out of business when Nokia started putting cheapo cameras on their cellphones. I live in a relatively poor country and trust me when I say that sometimes we live in a bubble when we see friends and families with smartphones but the majority of the people have chep and very basic phones. If you want an example of how mobile money works in poor places look no further than the M-Pesa example in Kenya. https://www.youtube.com/watch?v=i0dBWaen3aQOur goal is to have LibrexSend on those cheapo phones too. Massive markets in India, China, Indonesia and Africa as a whole with billions of potential users. We intend to be a true global currency. Incredible! Buy and HODL.no BYU and HODL
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bitcad4u
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August 27, 2014, 03:32:42 PM |
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There are NO other coins on the market right now that are this Innovative. Librex is pushing the limits on mobile and crypto. This coin is going up to the top 10 sooner than anyone thinks.
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TrangLee
Full Member
Offline
Activity: 210
Merit: 100
Living the dream
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August 27, 2014, 03:34:58 PM |
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I love this: LXC has passed SDC. 55 Librexcoin Librexcoin $ 434,671 $ 0.044598 9,746,305 LXC 56 ShadowCoin ShadowCoin $ 429,548 $ 0.066761 6,434,075 SDC
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fairglu
Legendary
Offline
Activity: 1100
Merit: 1032
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August 27, 2014, 03:35:28 PM |
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I will make a few wallets and buy some coins from the exchanges and put them on verious machines to help keep the network healthy and secure. I hope others will follow my lead and do the same. Got a few computers? Put a wallet on each one with some coins in them to help strengthen the network security and earn some extra coins. The mobile apps also stake and count as wallets so be sure to use them as well.
That's the spirit! PoS can be very secure if you have enough staking wallets, but not enough, and it becomes very vulnerable. Having many staking wallets is not very complex, it's certainly much simpler than running a pool or even just a miner, but users have to care and be aware For the nitty-gritty details, it's discussed in https://bitcointalk.org/index.php?topic=604716.0 for instance.
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bangomatic
Legendary
Offline
Activity: 1246
Merit: 1000
ARK Team likes to ban and delete posts in reddit.
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August 27, 2014, 03:36:23 PM |
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Once it sinks in....whats going on here, there will be panic buying.
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bitcad4u
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August 27, 2014, 03:41:17 PM |
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I love this: LXC has passed SDC. 55 Librexcoin Librexcoin $ 434,671 $ 0.044598 9,746,305 LXC 56 ShadowCoin ShadowCoin $ 429,548 $ 0.066761 6,434,075 SDC Cause Librex > SDC - SDC is on its death bed.
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bangomatic
Legendary
Offline
Activity: 1246
Merit: 1000
ARK Team likes to ban and delete posts in reddit.
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August 27, 2014, 03:48:55 PM |
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DEV, We need that Librex Multi-Pool ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Please Hurry!
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silverduck
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August 27, 2014, 03:55:12 PM |
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can someone confirm that the mobile wallet is staking? if it does this is way to cheap
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racer2012
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August 27, 2014, 03:57:37 PM |
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Yes it is staking on my Android Note 3
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