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Question: How mining hashrate limited?
10 MH - 40 (33.3%)
20 MH - 32 (26.7%)
30 MH - 11 (9.2%)
50 MH - 16 (13.3%)
100 MH - 8 (6.7%)
200 MH - 13 (10.8%)
Total Voters: 120

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Author Topic: © [PRE-ANN][VMINE] X11 | POW/POS | 15 MH Hashrate Limited | Close Source  (Read 14180 times)
vnnbot (OP)
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July 25, 2014, 05:11:24 PM
 #21

Isn't that centralization? Sad

That is what people tried to say about Minerals and now Revo.  It's not centralization at all, it's limitation for a short period.  Centralization requires that those involved have no say or idea of how things function at it's core level.  PoW ends, source is shown and things go on as any other coin.

Centralization occurs when one entity mints and distributes the currency/coin.  I'm sure you are aware that is not how this works as the minting/mining occurs on the blockchain.

Not trying to be rude but I am sure I shouldn't have to explain these simple concepts to you as you are a veteran around here and I'm pretty fucking sure you know how everything in relation to crypto works.
They're limiting the approach of other pools, that's what I meant by centralization. All the pools will run from their end.
It's like we just have "X bank" in the entire world.

They will be gathering all mining fees, hash power, people.

No worries, it's a forum after all, we're here to discuss as civilized people Smiley

Dont worry, we will public all pool-wallet-addresses. You can check pool's payout in block explorer.
Kergekoin
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July 25, 2014, 05:18:09 PM
 #22

Another moron thinks that hash limitation actually keeps distribution fair. Its piss easy to bypass or/and the developer can easily give himself unfair advantage.

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July 25, 2014, 05:27:22 PM
 #23

Another moron thinks that hash limitation actually keeps distribution fair. Its piss easy to bypass or/and the developer can easily give himself unfair advantage.

+1

Not your keys, not your coins!
vnnbot (OP)
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July 25, 2014, 05:39:58 PM
 #24

Update github: https://github.com/vnnbot/VMINE
x100algo
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Without miners, there will be no gold at all.


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July 25, 2014, 06:11:22 PM
 #25

Limitation yes, keeps distributioun fair as far as it can.
666#666
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July 26, 2014, 01:50:00 AM
 #26

Hashes limitation coins(all of them are POW+POS):
Min is 1.0 , 50M limitation
RVC is 2.0 , 10M limitation

Then it's you, VMINE , 3.0   , ? M limitation

It's enough, just stop the clone with no new features.
anhpt192
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July 26, 2014, 05:10:52 AM
 #27

let see!
vnnbot (OP)
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July 26, 2014, 06:17:50 AM
 #28

We need your votes!
BohemianStalker
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July 26, 2014, 02:19:34 PM
 #29

We need your votes!

No thx.

What keeps you from having more than limited hash power? Oh yeah, Nothing. And then you are going to dump it all on us on bittrex. Nice plan mate, lets see if people will fall for it (they just might).
yellowduck2
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July 26, 2014, 02:38:31 PM
 #30

Like I say. U make your own coin , u host your own pool. Nobody know if u have hidden premine. Nobody know if u mine with no limit. To be fair , pool should be host by trusted 3rd party. U host yourself , u play ur own game
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July 26, 2014, 02:42:55 PM
 #31

Like I say. U make your own coin , u host your own pool. Nobody know if u have hidden premine. Nobody know if u mine with no limit. To be fair , pool should be host by trusted 3rd party. U host yourself , u play ur own game
+1
EmilioMann
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#mitandopelomundo


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July 26, 2014, 02:48:38 PM
 #32

Another moron thinks that hash limitation actually keeps distribution fair. Its piss easy to bypass or/and the developer can easily give himself unfair advantage.

this prevents a big dump by the miners with asics and large farms
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#mitandopelomundo


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July 26, 2014, 02:49:17 PM
 #33

Nice! I'm in!
nobodywanttocry
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July 26, 2014, 02:50:56 PM
 #34

Why close source? It's just for days or weeks or months?

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July 26, 2014, 03:01:15 PM
 #35

Really interested. I'm agree with hash limitation. I hate when the large farms dumpin coin.

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yellowduck2
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July 26, 2014, 03:02:51 PM
 #36

Revo coin has successfully complete limit hashing PoW and pool is hosted by 3rd party. Everyone in the community is very satisfied with the launch.

3rd party pool has help the community to check source code. Also , they make sure limit of hash is enforce. It was a good launch and now revo coin entered PoS
mumak
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here for a while


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July 26, 2014, 03:24:58 PM
 #37

This is the Future! Go Dev!

I ♥ Crypto!
vnnbot (OP)
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July 26, 2014, 04:13:57 PM
 #38

Revo coin has successfully complete limit hashing PoW and pool is hosted by 3rd party. Everyone in the community is very satisfied with the launch.

3rd party pool has help the community to check source code. Also , they make sure limit of hash is enforce. It was a good launch and now revo coin entered PoS

Dont say 3rd party anymore. Revo? Do you know how many hidden pools out there? Check revo topic.
vnnbot (OP)
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July 26, 2014, 04:20:26 PM
 #39

Revo coin has successfully complete limit hashing PoW and pool is hosted by 3rd party. Everyone in the community is very satisfied with the launch.

3rd party pool has help the community to check source code. Also , they make sure limit of hash is enforce. It was a good launch and now revo coin entered PoS

Dont say 3rd party anymore. Revo? Do you know how many hidden pools out there? Check revo topic.

Revo? Check this https://bitcointalk.org/index.php?topic=683567.msg8004432#msg8004432
Why blocks missing? Hidden pools out there! Also, check nethash to see what is wrong.
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July 26, 2014, 04:21:26 PM
 #40

Revo coin has successfully complete limit hashing PoW and pool is hosted by 3rd party. Everyone in the community is very satisfied with the launch.

3rd party pool has help the community to check source code. Also , they make sure limit of hash is enforce. It was a good launch and now revo coin entered PoS

Dont say 3rd party anymore. Revo? Do you know how many hidden pools out there? Check revo topic.
There were none hidden pools.. They were POS blocks bro. If you dont trust check Revo block explorer and verify yourself  Wink
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