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wr104 (OP)
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February 26, 2015, 09:00:51 PM |
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The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.
In your opinion, What would be the appropriate transaction fee?
As a miner, how about 5%  I'm a miner too so, I agree with you. Anybody has a different % number in mind? I want to hear. |
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wow!NotAgain
Jr. Member
 Offline
Activity: 56
Merit: 10
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February 26, 2015, 09:10:52 PM |
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The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.
In your opinion, What would be the appropriate transaction fee?
As a miner, how about 5% I'm a miner too so, I agree with you. Anybody has a different % number in mind? I want to hear. 5% crazy nobody ever use coin transaction fee 5% is you joking? 0.1% 1 for 1000 KHC is most fee should be that still to much .01% better miner get paid solving block |
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WORE
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February 26, 2015, 09:26:16 PM |
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The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.
In your opinion, What would be the appropriate transaction fee?
As a miner, how about 5% I'm a miner too so, I agree with you. Anybody has a different % number in mind? I want to hear. 5% crazy nobody ever use coin transaction fee 5% is you joking? 0.1% 1 for 1000 KHC is most fee should be that still to much .01% better miner get paid solving block At .01% dev would have to reduce the level of security in the coin to make it less expensive to mine, or good luck finding anyone to mine it and process your transaction. |
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airball
Member
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Activity: 112
Merit: 10
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February 27, 2015, 12:46:21 AM |
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The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.
In your opinion, What would be the appropriate transaction fee?
As a miner, how about 5% I'm a miner too so, I agree with you. Anybody has a different % number in mind? I want to hear. 10 KHC for each transaction. |
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airball
Member
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Activity: 112
Merit: 10
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February 27, 2015, 12:48:34 AM |
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How can it be proved that the transaction fee are mined by miners ?  |
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wr104 (OP)
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February 27, 2015, 01:21:57 AM |
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Look at the coinbase transactions
TX[0] = Rewards + Fees
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airball
Member
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Activity: 112
Merit: 10
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February 27, 2015, 01:24:40 AM
Last edit: February 27, 2015, 01:40:55 AM by airball |
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Look at the coinbase transactions
TX[0] = Rewards + Fees
I am not a coder.  Is there some other way to verify it ? |
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wow!NotAgain
Jr. Member
Offline
Activity: 56
Merit: 10
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February 27, 2015, 02:47:00 AM |
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The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.
In your opinion, What would be the appropriate transaction fee?
As a miner, how about 5% I'm a miner too so, I agree with you. Anybody has a different % number in mind? I want to hear. 5% crazy nobody ever use coin transaction fee 5% is you joking? 0.1% 1 for 1000 KHC is most fee should be that still to much .01% better miner get paid solving block At .01% dev would have to reduce the level of security in the coin to make it less expensive to mine, or good luck finding anyone to mine it and process your transaction. Why people stop mining? people mine to solve block? are not transaction in block? block is not enough reward to mine? other coins not as much fee and people still mining maybe i not understand all things not making trouble just what i think possibly i am wrong |
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WORE
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February 27, 2015, 04:02:48 AM |
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The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.
In your opinion, What would be the appropriate transaction fee?
As a miner, how about 5% I'm a miner too so, I agree with you. Anybody has a different % number in mind? I want to hear. 5% crazy nobody ever use coin transaction fee 5% is you joking? 0.1% 1 for 1000 KHC is most fee should be that still to much .01% better miner get paid solving block At .01% dev would have to reduce the level of security in the coin to make it less expensive to mine, or good luck finding anyone to mine it and process your transaction. Why people stop mining? people mine to solve block? are not transaction in block? block is not enough reward to mine? other coins not as much fee and people still mining maybe i not understand all things not making trouble just what i think possibly i am wrong This coin is in early development, but with great potential based on Dev's foresight involving encryption standards and problems involving use of an ASIC by miners that have proven they will dominate the market. Lack of will involving takeover of every aspect of a transaction is a total bonus. It is what it is, it is BTC 2.0 and all credit granted to BTC for pioneering digital currency, no dark market to promote illegal activity, room for growth and an open mind to the community and coding ability proven to me to be worth his salt. I know he can write transaction gateways for POS systems integration based on what I've seen so far. KHC is going through a major overhaul involving the encryption algo all without reset of the blockchain, so that might raise question for some on if it will survive, so yes the coin is not going to have a high network hash rate at the moment. To me, it has the needed qualities to be a success. The rest is community and further adoption. Ideally it should be anonymous as cash to replace it while killing off counterfeit currency. DRK is there, but is based on X11 and already victim to ASIC. As far as FEDCOIN is concerned, I do not think there is a lot of trust from a currency created by those folks. What we all need is currency that will survive mistakes and ramifications created by all of our previous generations. This one is a good candidate. |
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wow!NotAgain
Jr. Member
Offline
Activity: 56
Merit: 10
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February 27, 2015, 04:23:24 AM |
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The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.
In your opinion, What would be the appropriate transaction fee?
As a miner, how about 5% I'm a miner too so, I agree with you. Anybody has a different % number in mind? I want to hear. 5% crazy nobody ever use coin transaction fee 5% is you joking? 0.1% 1 for 1000 KHC is most fee should be that still to much .01% better miner get paid solving block At .01% dev would have to reduce the level of security in the coin to make it less expensive to mine, or good luck finding anyone to mine it and process your transaction. Why people stop mining? people mine to solve block? are not transaction in block? block is not enough reward to mine? other coins not as much fee and people still mining maybe i not understand all things not making trouble just what i think possibly i am wrong This coin is in early development, but with great potential based on Dev's foresight involving encryption standards and problems involving use of an ASIC by miners that have proven they will dominate the market. Lack of will involving takeover of every aspect of a transaction is a total bonus. It is what it is, it is BTC 2.0 and all credit granted to BTC for pioneering digital currency, no dark market to promote illegal activity, room for growth and an open mind to the community and coding ability proven to me to be worth his salt. I know he can write transaction gateways for POS systems integration based on what I've seen so far. KHC is going through a major overhaul involving the encryption algo all without reset of the blockchain, so that might raise question for some on if it will survive, so yes the coin is not going to have a high network hash rate at the moment. To me, it has the needed qualities to be a success. The rest is community and further adoption. Ideally it should be anonymous as cash to replace it while killing off counterfeit currency. DRK is there, but is based on X11 and already victim to ASIC. As far as FEDCOIN is concerned, I do not think there is a lot of trust from a currency created by those folks. What we all need is currency that will survive mistakes and ramifications created by all of our previous generations. This one is a good candidate. I agree with things you say The topic with 5% transaction fee crazy .1% can be good need to change lower |
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WORE
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February 27, 2015, 04:25:53 AM |
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The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.
In your opinion, What would be the appropriate transaction fee?
As a miner, how about 5% I'm a miner too so, I agree with you. Anybody has a different % number in mind? I want to hear. 5% crazy nobody ever use coin transaction fee 5% is you joking? 0.1% 1 for 1000 KHC is most fee should be that still to much .01% better miner get paid solving block At .01% dev would have to reduce the level of security in the coin to make it less expensive to mine, or good luck finding anyone to mine it and process your transaction. Why people stop mining? people mine to solve block? are not transaction in block? block is not enough reward to mine? other coins not as much fee and people still mining maybe i not understand all things not making trouble just what i think possibly i am wrong This coin is in early development, but with great potential based on Dev's foresight involving encryption standards and problems involving use of an ASIC by miners that have proven they will dominate the market. Lack of will involving takeover of every aspect of a transaction is a total bonus. It is what it is, it is BTC 2.0 and all credit granted to BTC for pioneering digital currency, no dark market to promote illegal activity, room for growth and an open mind to the community and coding ability proven to me to be worth his salt. I know he can write transaction gateways for POS systems integration based on what I've seen so far. KHC is going through a major overhaul involving the encryption algo all without reset of the blockchain, so that might raise question for some on if it will survive, so yes the coin is not going to have a high network hash rate at the moment. To me, it has the needed qualities to be a success. The rest is community and further adoption. Ideally it should be anonymous as cash to replace it while killing off counterfeit currency. DRK is there, but is based on X11 and already victim to ASIC. As far as FEDCOIN is concerned, I do not think there is a lot of trust from a currency created by those folks. What we all need is currency that will survive mistakes and ramifications created by all of our previous generations. This one is a good candidate. I agree with things you say The topic with 5% transaction fee crazy .1% can be good need to change lower At present the coin is too expensive to mine to attract miners to process transactions at that rate (.01%). You need to try and mine it for a while, then make a call. My response of 5% was designed to be irrational based on the cost of mining the coin at present. As long as it remains ASIC resistant, there won't be a miner takeover like with BTC and a lot of other coins. My worry is that they can beat it and I think that a modular encryption engine that can be updated live by master nodes can provide further defense. |
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wow!NotAgain
Jr. Member
Offline
Activity: 56
Merit: 10
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February 27, 2015, 04:55:33 AM |
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The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.
In your opinion, What would be the appropriate transaction fee?
As a miner, how about 5% I'm a miner too so, I agree with you. Anybody has a different % number in mind? I want to hear. 5% crazy nobody ever use coin transaction fee 5% is you joking? 0.1% 1 for 1000 KHC is most fee should be that still to much .01% better miner get paid solving block At .01% dev would have to reduce the level of security in the coin to make it less expensive to mine, or good luck finding anyone to mine it and process your transaction. Why people stop mining? people mine to solve block? are not transaction in block? block is not enough reward to mine? other coins not as much fee and people still mining maybe i not understand all things not making trouble just what i think possibly i am wrong This coin is in early development, but with great potential based on Dev's foresight involving encryption standards and problems involving use of an ASIC by miners that have proven they will dominate the market. Lack of will involving takeover of every aspect of a transaction is a total bonus. It is what it is, it is BTC 2.0 and all credit granted to BTC for pioneering digital currency, no dark market to promote illegal activity, room for growth and an open mind to the community and coding ability proven to me to be worth his salt. I know he can write transaction gateways for POS systems integration based on what I've seen so far. KHC is going through a major overhaul involving the encryption algo all without reset of the blockchain, so that might raise question for some on if it will survive, so yes the coin is not going to have a high network hash rate at the moment. To me, it has the needed qualities to be a success. The rest is community and further adoption. Ideally it should be anonymous as cash to replace it while killing off counterfeit currency. DRK is there, but is based on X11 and already victim to ASIC. As far as FEDCOIN is concerned, I do not think there is a lot of trust from a currency created by those folks. What we all need is currency that will survive mistakes and ramifications created by all of our previous generations. This one is a good candidate. I agree with things you say The topic with 5% transaction fee crazy .1% can be good need to change lower At present the coin is too expensive to mine to attract miners to process transactions at that rate (.01%). You need to try and mine it for a while, then make a call. My response of 5% was designed to be irrational based on the cost of mining the coin at present. As long as it remains ASIC resistant, there won't be a miner takeover like with BTC and a lot of other coins. My worry is that they can beat it and I think that a modular encryption engine that can be updated live by master nodes can provide further defense. yes masternodes |
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wow!NotAgain
Jr. Member
Offline
Activity: 56
Merit: 10
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February 27, 2015, 05:09:35 AM |
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How many coins mined total?
No volume on exchange so how to buy?
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WORE
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February 27, 2015, 05:15:37 AM |
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The current transaction fee is half of 1 percent or, 5 KHCs for every 1,000 KHCs you want to send.
In your opinion, What would be the appropriate transaction fee?
As a miner, how about 5% I'm a miner too so, I agree with you. Anybody has a different % number in mind? I want to hear. 5% crazy nobody ever use coin transaction fee 5% is you joking? 0.1% 1 for 1000 KHC is most fee should be that still to much .01% better miner get paid solving block At .01% dev would have to reduce the level of security in the coin to make it less expensive to mine, or good luck finding anyone to mine it and process your transaction. Why people stop mining? people mine to solve block? are not transaction in block? block is not enough reward to mine? other coins not as much fee and people still mining maybe i not understand all things not making trouble just what i think possibly i am wrong This coin is in early development, but with great potential based on Dev's foresight involving encryption standards and problems involving use of an ASIC by miners that have proven they will dominate the market. Lack of will involving takeover of every aspect of a transaction is a total bonus. It is what it is, it is BTC 2.0 and all credit granted to BTC for pioneering digital currency, no dark market to promote illegal activity, room for growth and an open mind to the community and coding ability proven to me to be worth his salt. I know he can write transaction gateways for POS systems integration based on what I've seen so far. KHC is going through a major overhaul involving the encryption algo all without reset of the blockchain, so that might raise question for some on if it will survive, so yes the coin is not going to have a high network hash rate at the moment. To me, it has the needed qualities to be a success. The rest is community and further adoption. Ideally it should be anonymous as cash to replace it while killing off counterfeit currency. DRK is there, but is based on X11 and already victim to ASIC. As far as FEDCOIN is concerned, I do not think there is a lot of trust from a currency created by those folks. What we all need is currency that will survive mistakes and ramifications created by all of our previous generations. This one is a good candidate. I agree with things you say The topic with 5% transaction fee crazy .1% can be good need to change lower At present the coin is too expensive to mine to attract miners to process transactions at that rate (.01%). You need to try and mine it for a while, then make a call. My response of 5% was designed to be irrational based on the cost of mining the coin at present. As long as it remains ASIC resistant, there won't be a miner takeover like with BTC and a lot of other coins. My worry is that they can beat it and I think that a modular encryption engine that can be updated live by master nodes can provide further defense. yes masternodes Yes, they need the most security integration to perform live encryption kernel updates and be the most fluid, but randomized based on longevity of connection to the network to host this, and would be a prized catch for tommy 10 yr old hacker but remain a moving target. |
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WORE
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February 27, 2015, 05:16:48 AM
Last edit: February 27, 2015, 06:47:50 PM by WORE |
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How many coins mined total?
No volume on exchange so how to buy?
That would require a scan of all solved blocks. Kinda early in the development, and kind of a tall order at this stage. See the op for exchanges and where to buy but I as much as I am honest I warn you, you should be aware crypto is volitile, this has nothing to do with what I have seen on a technical or ethical level... |
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wow!NotAgain
Jr. Member
Offline
Activity: 56
Merit: 10
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February 27, 2015, 05:36:56 AM |
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coin has potential different feature than others
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WORE
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February 27, 2015, 05:48:37 AM |
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coin has potential different feature than others
True, is a tall wish list. However will destroy the fed paper dollars that were killed off by the evolving copy machine. |
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tacee
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February 28, 2015, 12:06:07 PM |
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Testing using the TestNet has been good so far. I'm keeping the amount of changes to a minimum to prevent unpleasant surprises. I think the new Wallet 0.5.0 and cgminer 3.7.7 could be released sometime next week. If you want, you can go to GitHub and look at what I've checked in to kryptohash branch 0.5.0.
The plan is to transition the network to version 2 beginning at block 50,000. Everybody will need to upgrade their Wallets before Block 49,000 to ensure a smooth transition.
Have the Wallet 0.5.0 and cgminer 3.7.7 been released? |
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WORE
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February 28, 2015, 09:15:45 PM |
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So does the v2 cl work on current v1 algo? |
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