exclusivecoin
Full Member
 Offline
Activity: 195
Merit: 100
EXCL Coin Official Developer
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April 02, 2015, 06:24:12 PM |
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Price has dropped and difficulty has risen by 15  .  while my opinion is biased as im person from th team, keep in mind EXCL is working on "crypto ebay" or "new bitmit" with Atomic-Trade/Banx creator ByronP - its just a matter of time when this is up and price will soar |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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cryptoangel
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April 02, 2015, 06:52:57 PM |
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Price has dropped and difficulty has risen by 15 . while my opinion is biased as im person from th team, keep in mind EXCL is working on "crypto ebay" or "new bitmit" with Atomic-Trade/Banx creator ByronP - its just a matter of time when this is up and price will soar I have heard that so many times in this thread!. You have my support though!. I'm Still mining - Still finding blocks - Still holding regardless of price. |
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Braino
Sr. Member
Offline
Activity: 644
Merit: 250
IRONX - Fully regulated World-Class Exchange
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April 02, 2015, 07:12:01 PM |
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Will be putting some profit here soon so I can turn it into more profit  |
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Epimetheus
Legendary
Offline
Activity: 1120
Merit: 1000
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April 04, 2015, 08:36:39 PM |
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Price has dropped and difficulty has risen by 15 . while my opinion is biased as im person from th team, keep in mind EXCL is working on "crypto ebay" or "new bitmit" with Atomic-Trade/Banx creator ByronP - its just a matter of time when this is up and price will soar Nice! Keep up the good work. |
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kubuminer
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April 04, 2015, 09:50:33 PM |
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Guys spread hash on our pool. we wait all on our pool. thanks
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jelt14
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April 05, 2015, 12:53:45 PM |
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currently excusive coin is pretty profitable for the miner not bag holders,,bagholders just buy more your turn will come around cheers mining @ suprnova
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Crestington
Legendary
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Activity: 882
Merit: 1024
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April 05, 2015, 05:33:06 PM |
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I have been thinking about EXCL's mining, wouldn't it be better to go full Proof of Stake?
I have been working with Static POS rewards and I think they tend to work much better than measuring as a % on Coins per year. Maybe you should eliminate the POW reward and make the same amount as the POS reward, then it's the holders who are mining all those Coins and not POW miner's selling into the market to pay for mining costs.
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kingscrown (OP)
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April 12, 2015, 04:08:18 AM |
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I have been thinking about EXCL's mining, wouldn't it be better to go full Proof of Stake?
I have been working with Static POS rewards and I think they tend to work much better than measuring as a % on Coins per year. Maybe you should eliminate the POW reward and make the same amount as the POS reward, then it's the holders who are mining all those Coins and not POW miner's selling into the market to pay for mining costs.
theres many ideas but mostly.. we wait for Byron{ to finosh EXCL/BTC/LTC "ebay" than the coin will get rolling |
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cryptoangel
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April 12, 2015, 03:44:34 PM |
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Trying to solo mine is quite hard. I keep getting ''not providing work fast enough''.
I think the blocks are that fast it is struggling.
Anyone have any tips ?.
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Crestington
Legendary
Offline
Activity: 882
Merit: 1024
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April 12, 2015, 10:28:51 PM |
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Trying to solo mine is quite hard. I keep getting ''not providing work fast enough''.
I think the blocks are that fast it is struggling.
Anyone have any tips ?.
Slow down the Block times? |
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kingscrown (OP)
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April 14, 2015, 02:27:09 AM |
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blocks are fast, this is one of fastest [if not the fastest] coins running
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coinmaster222
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April 14, 2015, 03:06:46 AM |
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You got a link to the latest windows wallet please??
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jmfcanada
Newbie
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Activity: 57
Merit: 0
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April 14, 2015, 09:33:55 PM |
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blocks are fast, this is one of fastest [if not the fastest] coins running
According to everything I've read the target block time is supposed to be 40 seconds, according to the pool stats that I've checked the average block time is more like 13.5 seconds... What is the actual target time? |
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VeritasSapere
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April 15, 2015, 02:41:52 AM |
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blocks are fast, this is one of fastest [if not the fastest] coins running
According to everything I've read the target block time is supposed to be 40 seconds, according to the pool stats that I've checked the average block time is more like 13.5 seconds... What is the actual target time? You are absolutely correct, excl has gone into overdrive lol. Thank you for pointing this out, if you check earlier in this thread you will see a fork has already been suggested and discussed to address some issues including the blocktime, but i had not realized it had sped up to this extend, had not checked it for a while myself, so thanks for pointing this out. I suppose this makes the implementation of the previously discussed fork more crucial, I have contacted kingscrown about this issue and I am assured that this will be corrected very soon. |
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coinmaster222
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April 15, 2015, 10:06:10 PM |
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giving me fatal error when trying to download windows qt wallet
EDIT..believe its a runtime error
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VeritasSapere
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April 15, 2015, 10:27:13 PM |
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giving me fatal error when trying to download windows qt wallet
EDIT..believe its a runtime error
When trying to download the windows qt wallet? All of the links in the OP are working fine for me at the moment. |
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kingscrown (OP)
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April 15, 2015, 11:23:39 PM |
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yeah the fork is being discussed right now.
bring on the ideas, and lets make the fork to make EXCL value higher
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VeritasSapere
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April 16, 2015, 12:31:52 AM
Last edit: April 16, 2015, 12:56:09 AM by VeritasSapere |
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I have already previously commented on what I think would be best to implement in the fork earlier in this thread: https://bitcointalk.org/index.php?topic=771755.msg10634697#msg10634697In summary, obviously first of all the blocktime needs to now be increased. Furthermore and also I think that this is very important, the staking frequency must be reduced, not the staking amount which should still remain the same at two percent. This should fix problems with the wallet.dat file bloating and causing lag in the qt wallet. I think we should also reduce the block reward, to be more specific I suggest we reduce the reward by 1 coin per block per year. This way it does not compromise the security of the blockchain. If anyone has any more ideas about what should be implemented in this fork please speak up, now is our chance to make any changes that we might want. |
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Crestington
Legendary
Offline
Activity: 882
Merit: 1024
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April 16, 2015, 10:34:52 AM |
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I have already previously commented on what I think would be best to implement in the fork earlier in this thread: https://bitcointalk.org/index.php?topic=771755.msg10634697#msg10634697In summary, obviously first of all the blocktime needs to now be increased. Furthermore and also I think that this is very important, the staking frequency must be reduced, not the staking amount which should still remain the same at two percent. This should fix problems with the wallet.dat file bloating and causing lag in the qt wallet. I think we should also reduce the block reward, to be more specific I suggest we reduce the reward by 1 coin per block per year. This way it does not compromise the security of the blockchain. If anyone has any more ideas about what should be implemented in this fork please speak up, now is our chance to make any changes that we might want. What do you mean about the staking frequency? If you increase the block times, you reduce the staking frequency. |
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