i quit

[kelsey]

with the pos staking weighted the way tis, the largest wallets will have a much greater probability of finding blocks and therefore their % of coins owned will always increase while smaller holders % of supply will always decrease........the ultimate in the rich getting richer

so any suckers buying in a small holding will ultimately lose out to the larger holders.


not that i don't think finding set block by pos isn't a way forward, just in this design its a fail.

nope

nope what? nope you can't read? nope you forgot your toothbrush? or nope your probability of finding a block isn't your weight v network weight?

Sour grapes
Nope about this "not that i don't think finding set block by pos isn't a way forward, just in this design its a fail."
It is actually a good design.You need to think about it instead of just saying things.

Tell me what you don't like.
You don't like that blocks are found with pos 2.0 algo which is much more secure.
or you don't like that the rewards are like mining rewards.

I do not see why you are arguing about people with more coins will find more blocks. The reason they find more blocks and the reason they deserve to find more blocks is because they have a bigger stake in this and they will not want their coins to lose value by doing bad things.
Proof of stake is a form of mining. Blocks rewards are here to give people an incentive to process transactions. When they find a block they get paid for it.

Think of it as the payment protocol that it is. And not as the get rich quick scheme that you want it to be.

not sour grapes at all just explaining reality of it, hey I could go buy up a huge stake and play the winning the most pos stake myself, so it isnt sour grapes.

just stating to small players with personal weight vs network weight the way the pos block are mined that those with the larger stakes over time will increase not just their coinage but there overall % of the network which in turn will make the probability of mining a new block increase..u can see where that goes overtime....while smaller players the opposite effect.

whether u think thats ok, thats life, doesn't make me wrong and small holders will lose out with this coin....just reminding people as 99% of this forum really suck at simple math.

hey i don't hate pos being used to find blocks, i think its a great idea, just has to be thought out better, bitbean tried days of the largest stakers turning off as some way of making up for it, but yeah token effort at best.

Kelsey, you seem to have no clue as to how POS 2.0 works, so here's an interesting read for you:
http://blackcoin.co/blackcoin-pos-protocol-v2-whitepaper.pdf

Ldoge is a very good implementation of pos 2.0, so if what you're trying to do is fud for whoever hires you and get some cheap coins...
Good luck

lol yeah who hires me? i think i've been around these parts long enough that i speak for myself, i'm even one of the very few here not in the quest for more fiat.

i want to see the development of good alts.

one minute i'm told "nope" next yeah its true but the large holders deserve more....hmm

so ur saying to me those with more coinage don't have an increased probability of finding pos blocks?

People with more mining power mine more blocks.

Doesn't mean that they find EVERY block.

I still suggest keeping the thread free of argumentative posts that don't do anything besides name-call.

but in pos those with the greater network weight mine more then increase their network weight......so its spiral...hell taken coinage network weight out of the equation makes it worse.

what name calling am i doing?

i am just stating the obvious, i am saying to you guys; think it out a bit more and you may have something, go this path and the futures limited, guess though u shortterm profiteers don't mind so much and would just like people to remain silent on any flaws?

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[kelsey]

Kelsey, if you don't like it just leave.
Also to piss you off:

sorry what? missed what would piss me off about that?

so why should i piss off, this is an open section of the forum discussing alt currency, you'd think anyone wanting to develop a decent one would want people to highlight the flaws, so we can all improve and develop a real useable alt currency?

outside this forum i've been in groups experimenting alot and developing and improving on pos.

[aquitasIJ]

Kelsey, if you don't like it just leave.
Also to piss you off:

sorry what? missed what would piss me off about that?

so why should i piss off, this is an open section of the forum discussing alt currency, you'd think anyone wanting to develop a decent one would want people to highlight the flaws, so we can all improve and develop a real useable alt currency?

outside this forum i've been in groups experimenting alot and developing and improving on pos.

I have explained it to you
I have explained to you what you keep going on about but you don't understand it.
Litedoge is a payment protocol. Rewards in the first 40k blocks are only for distribution of the coin.
After that the rewards are less than 10k coins per block and go down slowly to only tx fees
The rewards wont be for distribution of the coin but for the processing the transactions securely.
It is a good system. You do not like it fine. Bye. I put you on ignore because this is getting too much.

[minerpools]

outside this forum i've been in groups experimenting alot and developing and improving on pos.

Then prove it.

[Chris Sokolowski]

LiteDogecoin has been added to the Prohashing scrypt mining multipool.

Right now, LDOGE is one of the coins available for mining and payout.  When the POW phase is over, you can continue to mine the most profitable scrypt coins and have LiteDogecoin for payout.

Come join us at Prohashing.com

[Stormspirit]

multipool will be nice

[CryptoClub]

I have to admit to having a really crappy time with some staking alts recently. This one is actually fun for a change, I like it. I was really happy to see I got lucky and found a block solo staking! Pretty bad ass, and shows to me that the damn thing works. So mining and bought a little bit too.

[minerjoen]

I have to admit to having a really crappy time with some staking alts recently. This one is actually fun for a change, I like it. I was really happy to see I got lucky and found a block solo staking! Pretty bad ass, and shows to me that the damn thing works. So mining and bought a little bit too.

yeah indeed here i had 3 blocks, 2 are good 1 is empty or something, anyway i love how the system works

[minerjoen]

i just read a PM from somebody, his question is:
hello there, wondering if you could advise or help me insstalling LDOge wallet to RPi since i cant keep running my computer 24/7 for stacking purposes and newbie in the wallets, installed it finally on windows machine. and its working but intrested to have it in RPi

since i'm not a dev i can't help this guy, but it's a good question..

[minerjoen]

Wow, we are on bittrex, such wow, very good!

[kelsey]

Kelsey, if you don't like it just leave.
Also to piss you off:

sorry what? missed what would piss me off about that?

so why should i piss off, this is an open section of the forum discussing alt currency, you'd think anyone wanting to develop a decent one would want people to highlight the flaws, so we can all improve and develop a real useable alt currency?

outside this forum i've been in groups experimenting alot and developing and improving on pos.

I have explained it to you
I have explained to you what you keep going on about but you don't understand it.
Litedoge is a payment protocol. Rewards in the first 40k blocks are only for distribution of the coin.
After that the rewards are less than 10k coins per block and go down slowly to only tx fees
The rewards wont be for distribution of the coin but for the processing the transactions securely.
It is a good system. You do not like it fine. Bye. I put you on ignore because this is getting too much.

you've yet to explain anything about how the largest holders won't get most the rewards and therefore continually increase their overall network % at the expense of the smaller holders?

you've just said first "nope", as if what I was saying wasn't true, then you said it was but that's acceptable.

you've acted from the start as if my questioning was designed as a call out that your coins a scamcoin, which was not my intent, but by the replies ie dodging of explaining clearly why I am wrong, or explaining how you guys will fix the flaw, its kinda starting to look like please please just shhh til we make our fiat on this?

bitbean for example with a similar system has atleast tried ie by having a day where the largest holders don't connect so those with less can get some pos block, token effort imo but atleast they've thought about the problem.

[minerjoen]

Kelsey, if you don't like it just leave.
Also to piss you off:

sorry what? missed what would piss me off about that?

so why should i piss off, this is an open section of the forum discussing alt currency, you'd think anyone wanting to develop a decent one would want people to highlight the flaws, so we can all improve and develop a real useable alt currency?

outside this forum i've been in groups experimenting alot and developing and improving on pos.

I have explained it to you
I have explained to you what you keep going on about but you don't understand it.
Litedoge is a payment protocol. Rewards in the first 40k blocks are only for distribution of the coin.
After that the rewards are less than 10k coins per block and go down slowly to only tx fees
The rewards wont be for distribution of the coin but for the processing the transactions securely.
It is a good system. You do not like it fine. Bye. I put you on ignore because this is getting too much.

you've yet to explain anything about how the largest holders won't get most the rewards and therefore continually increase their overall network % at the expense of the smaller holders?

you've just said first "nope", as if what I was saying wasn't true, then you said it was but that's acceptable.

you've acted from the start as if my questioning was designed as a call out that your coins a scamcoin, which was not my intent, but by the replies ie dodging of explaining clearly why I am wrong, or explaining how you guys will fix the flaw, its kinda starting to look like please please just shhh til we make our fiat on this?

bitbean for example with a similar system has atleast tried ie by having a day where the largest holders don't connect so those with less can get some pos block, token effort imo but atleast they've thought about the problem.

Kelsey, correct me if i'm wrong but;

It looks like the only thing u try to do is FUD, u saw a perfect launch, a great community, many exchanges what want us on there exchange and after that u start fudding.
If u dont ment to fud, why u dont PM the dev? Why u post negative comments in this topic ( ofc its free for all, u have ur right to do so.. ) everybody is positive, just not you. If u have some positive feedbacks PM the dev.
Because u spread fud here, i dont see any tought from your side that u want to help this community, if u tried to help this community you should PM the dev. But u don't. That's why it just looks pure fud what nobody cares.

There is always a shithead on every topic, and you are here the shithead. Anyway, we dont need it, and if u have something what can help us, please share that by sending an PM to the dev. I'm 100% that he will look at every positive (read: helpfull) feedbacks he get.

[aquitasIJ]

i just read a PM from somebody, his question is:
hello there, wondering if you could advise or help me insstalling LDOge wallet to RPi since i cant keep running my computer 24/7 for stacking purposes and newbie in the wallets, installed it finally on windows machine. and its working but intrested to have it in RPi

since i'm not a dev i can't help this guy, but it's a good question..

Install the dependencies.
sudo apt-get install build-essential libssl-dev libdb++-dev libboost-all-dev libqrencode-dev  libminiupnpc-dev

then download the litedoge source

then cd litedoge/src
make -f makefile.unix

that should make you the daemon.

then you can send coins to it and stake them on the raspberry pi.

[kelsey]

Kelsey, if you don't like it just leave.
Also to piss you off:

sorry what? missed what would piss me off about that?

so why should i piss off, this is an open section of the forum discussing alt currency, you'd think anyone wanting to develop a decent one would want people to highlight the flaws, so we can all improve and develop a real useable alt currency?

outside this forum i've been in groups experimenting alot and developing and improving on pos.

I have explained it to you
I have explained to you what you keep going on about but you don't understand it.
Litedoge is a payment protocol. Rewards in the first 40k blocks are only for distribution of the coin.
After that the rewards are less than 10k coins per block and go down slowly to only tx fees
The rewards wont be for distribution of the coin but for the processing the transactions securely.
It is a good system. You do not like it fine. Bye. I put you on ignore because this is getting too much.

you've yet to explain anything about how the largest holders won't get most the rewards and therefore continually increase their overall network % at the expense of the smaller holders?

you've just said first "nope", as if what I was saying wasn't true, then you said it was but that's acceptable.

you've acted from the start as if my questioning was designed as a call out that your coins a scamcoin, which was not my intent, but by the replies ie dodging of explaining clearly why I am wrong, or explaining how you guys will fix the flaw, its kinda starting to look like please please just shhh til we make our fiat on this?

bitbean for example with a similar system has atleast tried ie by having a day where the largest holders don't connect so those with less can get some pos block, token effort imo but atleast they've thought about the problem.

Kelsey, correct me if i'm wrong but;

It looks like the only thing u try to do is FUD, u saw a perfect launch, a great community, many exchanges what want us on there exchange and after that u start fudding.
If u dont ment to fud, why u dont PM the dev? Why u post negative comments in this topic ( ofc its free for all, u have ur right to do so.. ) everybody is positive, just not you. If u have some positive feedbacks PM the dev.
Because u spread fud here, i dont see any tought from your side that u want to help this community, if u tried to help this community you should PM the dev. But u don't. That's why it just looks pure fud what nobody cares.

There is always a shithead on every topic, and you are here the shithead. Anyway, we dont need it, and if u have something what can help us, please share that by sending an PM to the dev. I'm 100% that he will look at every positive feedbacks he get.

main reason because its an open source community for a decentralised currency, the coin shouldn't be about the dev, and in this alt section threads should be discussions on alt coins for which I am opening. the dev is unlikely to be the dev and maybe someone in the community has a solution.

its not FUD,I am just stating what I see and seeing if anyone has a solution, and instead most this community doesn't want to hear, and wants to simply attack the messenger. so its obviously a make some quick fiat community, not a community willing to improve to have a longterm coin.

fine I get it have fun

[ivanst776]

doge logo is cute!

[minerjoen]

i just read a PM from somebody, his question is:
hello there, wondering if you could advise or help me insstalling LDOge wallet to RPi since i cant keep running my computer 24/7 for stacking purposes and newbie in the wallets, installed it finally on windows machine. and its working but intrested to have it in RPi

since i'm not a dev i can't help this guy, but it's a good question..

Install the dependencies.
sudo apt-get install build-essential libssl-dev libdb++-dev libboost-all-dev libqrencode-dev  libminiupnpc-dev

then download the litedoge source

then cd litedoge/src
make -f makefile.unix

that should make you the daemon.

then you can send coins to it and stake them on the raspberry pi.

thank you, i copied your post and send it back to him.

[Hamuki]

Hmm :/

2 of my rigs just went offline ;(

Still got over 15 hours of mining left on them.

I hope they get up fast.

[Tears on Dope]

i hate the logo feels like the coin wont be taken serious than it should

[newstb]

i hate the logo feels like the coin wont be taken serious than it should

Doges is not for serious peoples 

[VegasMiner]

Hmm :/

2 of my rigs just went offline ;(

Still got over 15 hours of mining left on them.

I hope they get up fast.

If you were renting from Betarigs that could be the issue. My rented rigs from them are down for all pools. Seems as if they have some serious troubles.