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Author Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000  (Read 2170889 times)
baykan
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July 08, 2017, 10:18:19 AM
 #25421

Now,

there should be someone who is going to hold the hand of Burst to stand up again. I have no idea who is going to be this leader ? But should be a real developer at first who will hand the flag to someone who is well known and loved in social media.

Please first fix the bugs and give a fresh restart to Burst.

I will stay here.

I believe in Burst.
Grroin
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July 08, 2017, 10:30:54 AM
 #25422

Crowetic raised some issues in his goodbye message, which look important. Nobody tried to respond. Some claimed that he is a selfish fraud, but this is a very cheap response.

Do not forget that cryptocoins do NOT assume any sort of trust between parties. Being a selfish fraud is perfectly ok, and is rewarded with money on success.

If there is somebody who is really working on burst now, I would like to see a detailed response from them to the issues that crowetic raised, like lack of security and scalability of the network. I want to see an argument, not howls about that crowetic is bad.
sud
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July 08, 2017, 02:03:29 PM
 #25423

Crowetic raised some issues in his goodbye message, which look important. Nobody tried to respond. Some claimed that he is a selfish fraud, but this is a very cheap response.

Do not forget that cryptocoins do NOT assume any sort of trust between parties. Being a selfish fraud is perfectly ok, and is rewarded with money on success.

If there is somebody who is really working on burst now, I would like to see a detailed response from them to the issues that crowetic raised, like lack of security and scalability of the network. I want to see an argument, not howls about that crowetic is bad.

True, I'd really like to see a discussion about those issues he mentioned.
Menaxerius
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July 08, 2017, 02:13:23 PM
 #25424

Crowetic raised some issues in his goodbye message, which look important. Nobody tried to respond. Some claimed that he is a selfish fraud, but this is a very cheap response.

Do not forget that cryptocoins do NOT assume any sort of trust between parties. Being a selfish fraud is perfectly ok, and is rewarded with money on success.

If there is somebody who is really working on burst now, I would like to see a detailed response from them to the issues that crowetic raised, like lack of security and scalability of the network. I want to see an argument, not howls about that crowetic is bad.

True, I'd really like to see a discussion about those issues he mentioned.

People tried to respond, but he deleted them. There is still developement in work, nothing has changed, no new issues have been found. The Update on the Core to the newer NXT Version is back in work after the short break. Everything continues as usual. Nothing to worry about. Everything is in work. Burst will be better then ever soon!

Regards
CryptoDude2727
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July 08, 2017, 02:36:21 PM
Last edit: July 08, 2017, 11:46:02 PM by CryptoDude2727
 #25425

Crowetic raised some issues in his goodbye message, which look important. Nobody tried to respond. Some claimed that he is a selfish fraud, but this is a very cheap response.

Do not forget that cryptocoins do NOT assume any sort of trust between parties. Being a selfish fraud is perfectly ok, and is rewarded with money on success.

If there is somebody who is really working on burst now, I would like to see a detailed response from them to the issues that crowetic raised, like lack of security and scalability of the network. I want to see an argument, not howls about that crowetic is bad.


Crowetic was not a dev, not a coder he's an organizer and I've personally heard many devs are happy he's leaving.  It's a FACT he used investor money to try and short the coin for his own gain (and failed miserably).  It's a fact he took BURST that was designated to go to BURST developers and was conspiring to use it for another project (non BURST).  It's a fact he was taking investor funds to buy hardware for his assets that he specifically promised investors it would be running for years and paying returns... only to find a few months later he's doing a "buyback" at a fraction and keeping all the equipment.  And you can find videos and endless posts from him pro BURST... saying the tech is great, BURST is incredibly undervalued, on and on... basically the complete opposite of his flaming post.  So which is it?  That's the tip of the iceberg.  Quite frankly if someone wanted to pursue it, this guy could end up in jail.  

So if you don't think that has a lot to do with his post, then I guess you've never witnessed a disgruntled employee leaving a company for his next opportunity and taking shots on the way out because he's bitter?  The dude is acting like a complete jerk.  

I won't comment on the tech aspects not really my realm.  But BURST is based on NXT.  NXT has what been up to a 250 - 300 million market cap?  Did anyone tell them?  And BURST like just about every other project needs growth and development.  I can post worst case scenarios too... many have for BTC for years.  If I gave you a chance to go back and buy BTC at $2 would you refuse because it will eventually have scaling issues it has to deal with (which it does)?  Point being BURST has HUGE room for growth before anything needs to happen.  And that time it will be addressed.  

But if you have technical questions go to burst-team.us I'm sure someone can chime in there.  
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July 08, 2017, 10:35:44 PM
 #25426

Crowetic raised some issues in his goodbye message, which look important. Nobody tried to respond. Some claimed that he is a selfish fraud, but this is a very cheap response.

Do not forget that cryptocoins do NOT assume any sort of trust between parties. Being a selfish fraud is perfectly ok, and is rewarded with money on success.

If there is somebody who is really working on burst now, I would like to see a detailed response from them to the issues that crowetic raised, like lack of security and scalability of the network. I want to see an argument, not howls about that crowetic is bad.

These discussions have already been had in Burst forums.

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
Grroin
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July 08, 2017, 11:16:04 PM
 #25427

These discussions have already been had in Burst forums.

can you point me to something specific?
cyberspacemonkey
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July 09, 2017, 01:01:41 AM
 #25428

These discussions have already been had in Burst forums.

can you point me to something specific?

Join the official Burst forum for starters: https://forums.burst-team.us/
IncludeBeer
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July 09, 2017, 04:23:20 AM
 #25429

These discussions have already been had in Burst forums.

can you point me to something specific?

Join the official Burst forum for starters: https://forums.burst-team.us/

Ya, you'll have to check the forums. Here's a good place to start: https://forums.burst-team.us/topic/6880/crowetic-s-final-burst-post (saw some of your same questions asked somewhere in there).

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
jennywhzz
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July 09, 2017, 10:31:44 AM
 #25430

Crowetic raised some issues in his goodbye message, which look important. Nobody tried to respond. Some claimed that he is a selfish fraud, but this is a very cheap response.

Do not forget that cryptocoins do NOT assume any sort of trust between parties. Being a selfish fraud is perfectly ok, and is rewarded with money on success.

If there is somebody who is really working on burst now, I would like to see a detailed response from them to the issues that crowetic raised, like lack of security and scalability of the network. I want to see an argument, not howls about that crowetic is bad.

True, I'd really like to see a discussion about those issues he mentioned.

People tried to respond, but he deleted them. There is still developement in work, nothing has changed, no new issues have been found. The Update on the Core to the newer NXT Version is back in work after the short break. Everything continues as usual. Nothing to worry about. Everything is in work. Burst will be better then ever soon!

Regards

If everyone would stick to mining the same pools and not pool jump, plus not stop and start their software and things like that over and over again, then you won't run into these kind of problems.
Grroin
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July 09, 2017, 10:37:36 AM
 #25431

Ya, you'll have to check the forums. Here's a good place to start: https://forums.burst-team.us/topic/6880/crowetic-s-final-burst-post (saw some of your same questions asked somewhere in there).

That is a 300 post "dramatic" and "cancerous" thread about how Crowetic's did not behave the way it was expected. I did not find anything related to the issues of Burst. I do not recommend that reading to anyone.

I took a look at those forums, and only found discussion about the limit of 256 transactions in one block. And that the burst community hopes that it will be resolved by NXT and they will be able to port it. However, it may not be possible because the NXT code may change license.

What about the possible exploits of Burst mining system, which Crowetic mentioned? You say, he is not a dev, so some dev must understand it much better.
mankeen
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July 09, 2017, 11:02:06 AM
 #25432

Getting 12x8TB today to start mining
DaMut
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July 09, 2017, 11:12:05 AM
 #25433

Getting 12x8TB today to start mining

How much burst/day you get from mining it ?
Difficulty really high right now,and based on my estimation.we will get our ROI in 12 Months if Burst prices isnt increasing and the difficulty isnt increasing also.
Please share your experience mining it,because i am bit hesitate to start mine it because difficulty and many other factors
xizmax
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July 09, 2017, 12:17:19 PM
 #25434

Ya, you'll have to check the forums. Here's a good place to start: https://forums.burst-team.us/topic/6880/crowetic-s-final-burst-post (saw some of your same questions asked somewhere in there).

That is a 300 post "dramatic" and "cancerous" thread about how Crowetic's did not behave the way it was expected. I did not find anything related to the issues of Burst. I do not recommend that reading to anyone.

I took a look at those forums, and only found discussion about the limit of 256 transactions in one block. And that the burst community hopes that it will be resolved by NXT and they will be able to port it. However, it may not be possible because the NXT code may change license.

What about the possible exploits of Burst mining system, which Crowetic mentioned? You say, he is not a dev, so some dev must understand it much better.

Quick response off the top of my head.

256 transactions per block is still a limit IIRC, changing that would require a fork. Nothing that can't be arranged though.
BURST does have a limited potential for a NaaS attack, though I believe NaaS attacks as currently described are purely in the realm of the theoretical.

In long discussions in the times past we concluded that there is only one somewhat realistic "exploit" possible. That exploit is generating nonces on the fly with a GPU (or a potential ASIC) instead of reading them off disk. In essence this is just straight up PoW mining.
HOWEVER, it was concluded that the "exploit" is so inefficient that it is much better just to mine normally. ENTIRE POINT of PoC is the tradeoff, it was not conceived as a bullet-proof system against such "gaming" attempts, just something that is more efficient if mined normally.

IMO, most likely explanation of the current network state is that Bitladen is back with all the joys that brings Smiley

Naturally, if Bitladen or anyone else has new info to share I would be very interested in hearing it.

BURST, your C:\urrency
Follow us on https://twitter.com/burstcoin_dev
IncludeBeer
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July 09, 2017, 06:28:49 PM
 #25435

Crowetic raised some issues in his goodbye message, which look important. Nobody tried to respond. Some claimed that he is a selfish fraud, but this is a very cheap response.

Do not forget that cryptocoins do NOT assume any sort of trust between parties. Being a selfish fraud is perfectly ok, and is rewarded with money on success.

If there is somebody who is really working on burst now, I would like to see a detailed response from them to the issues that crowetic raised, like lack of security and scalability of the network. I want to see an argument, not howls about that crowetic is bad.

True, I'd really like to see a discussion about those issues he mentioned.

People tried to respond, but he deleted them. There is still developement in work, nothing has changed, no new issues have been found. The Update on the Core to the newer NXT Version is back in work after the short break. Everything continues as usual. Nothing to worry about. Everything is in work. Burst will be better then ever soon!

Regards

If everyone would stick to mining the same pools and not pool jump, plus not stop and start their software and things like that over and over again, then you won't run into these kind of problems.

lol I promise you that has nothing to do with how well Burst performs. You described basic functionality Burst is meant to do (switching reward assignments).

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
Real-Duke
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July 09, 2017, 08:24:07 PM
 #25436

Getting 12x8TB today to start mining

Happy plotting  Cool

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Ayers
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July 10, 2017, 03:36:16 PM
 #25437

Getting 12x8TB today to start mining

How much burst/day you get from mining it ?
Difficulty really high right now,and based on my estimation.we will get our ROI in 12 Months if Burst prices isnt increasing and the difficulty isnt increasing also.
Please share your experience mining it,because i am bit hesitate to start mine it because difficulty and many other factors

calculator http://burstcoin.biz/calculator say 20k a months, only 0.08 a month of btc, very low, for all that terabyte which cost a lot, 12 of that cost $2400, and do only $200 a month, 12 months like you said but the diff will grow more, so more than 12 months, if you don't sell your hdd before the roi time

mrayazgul
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July 10, 2017, 04:02:17 PM
 #25438

The same is true for the solution if you stick to doing one thing repeatedly it will work itself out. Do not try to mine to your own private computer, do not try to do things in your own private computer besides setup your mining software and everything will be fine. Just plot and mine on your PC and handle everything else up online and you won't run into these problems.
carlisle1
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July 10, 2017, 04:07:39 PM
 #25439

Getting 12x8TB today to start mining

How much burst/day you get from mining it ?
Difficulty really high right now,and based on my estimation.we will get our ROI in 12 Months if Burst prices isnt increasing and the difficulty isnt increasing also.
Please share your experience mining it,because i am bit hesitate to start mine it because difficulty and many other factors

calculator http://burstcoin.biz/calculator say 20k a months, only 0.08 a month of btc, very low, for all that terabyte which cost a lot, 12 of that cost $2400, and do only $200 a month, 12 months like you said but the diff will grow more, so more than 12 months, if you don't sell your hdd before the roi time
well if investors / miners will be looking for long term and willing to wait for the price to rise up for sure this profits is not be the case, as long as they are seeing progress from this project and supporters and investors whos willing to hold will be profitable in the long run I guess.
Gimmelfarb
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July 10, 2017, 04:34:38 PM
 #25440

Getting 12x8TB today to start mining

How much burst/day you get from mining it ?
Difficulty really high right now,and based on my estimation.we will get our ROI in 12 Months if Burst prices isnt increasing and the difficulty isnt increasing also.
Please share your experience mining it,because i am bit hesitate to start mine it because difficulty and many other factors

calculator http://burstcoin.biz/calculator say 20k a months, only 0.08 a month of btc, very low, for all that terabyte which cost a lot, 12 of that cost $2400, and do only $200 a month, 12 months like you said but the diff will grow more, so more than 12 months, if you don't sell your hdd before the roi time

Depends, as you say, in different prices.

I just want to say I currently sell 71TB, where each TB is 20 USD. i highly doubt thart you find any lower price. Smiley i also pay for escrow andshipmenif you buy all. See https://bitcointalk.org/index.php?topic=2006884.0 with update
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