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Author Topic: [ANN] Bytecent - Blockchain Powered Social Rewards Network - Bytecent.com  (Read 160253 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (12 posts by 1+ user deleted.)
WhyMe
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December 25, 2015, 04:07:25 PM
 #821

What's the formula used to obtain BYC we can mine per day, with known diff and hashrate ?
Formula for "traditionals" algo ( x11, skein, ... ) doesn't work.

Thanks.

And Merry Christmas !!!
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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imihal44
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December 25, 2015, 05:37:04 PM
 #822

What's the formula used to obtain BYC we can mine per day, with known diff and hashrate ?
Formula for "traditionals" algo ( x11, skein, ... ) doesn't work.

Thanks.

And Merry Christmas !!!
Is POB x 24 hours,currently POB is 21,first hour is free,so 21x23=483 bytecent needed to mine 24h...you can see POB in your wallet Wink
Marry Christmas to everyone here!!)
Bytecent (OP)
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December 25, 2015, 10:17:23 PM
 #823

Merry Christmas Everyone!!!
Bytecent (OP)
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December 25, 2015, 10:18:11 PM
 #824

What's the formula used to obtain BYC we can mine per day, with known diff and hashrate ?
Formula for "traditionals" algo ( x11, skein, ... ) doesn't work.

Thanks.

And Merry Christmas !!!

What is your current CPD (Chains Per Day)?
WhyMe
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December 25, 2015, 11:35:09 PM
 #825

What's the formula used to obtain BYC we can mine per day, with known diff and hashrate ?
Formula for "traditionals" algo ( x11, skein, ... ) doesn't work.

Thanks.

And Merry Christmas !!!

What is your current CPD (Chains Per Day)?
~30
Bytecent (OP)
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December 26, 2015, 12:00:28 AM
 #826

What's the formula used to obtain BYC we can mine per day, with known diff and hashrate ?
Formula for "traditionals" algo ( x11, skein, ... ) doesn't work.

Thanks.

And Merry Christmas !!!

What is your current CPD (Chains Per Day)?
~30

You will earn 2 - 4 BYC per day.
WhyMe
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December 26, 2015, 12:42:40 AM
 #827

What's the formula ? To integrate BYC in my rentability engine Smiley
Thanks
Bytecent (OP)
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December 26, 2015, 02:59:32 AM
 #828

What's the formula ? To integrate BYC in my rentability engine Smiley
Thanks

Try this:

Blocks/Day = Chains/Day * (0.97 * (1 - fracDiff) + 0.03)

fracDiff is the fractional element of the difficulty.
Example:  fracDiff = diff - floor(diff).
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December 26, 2015, 02:48:45 PM
 #829

Think it's no good idea to show ad in wallet.
It would be better to change advt to some news concerning Bytecent.

Bytecent is a commercial product. No different than Skype or any other piece of ad supported software. Advertisers provide the constant revenue to allow us to keep improving Bytecent and launch Bytecent related services like Bytecent Bounty. This is the key difference that sets Bytecent apart from other digital currencies. We utilize the blockchain and the peer to peer network to power our platform, while partnering directly with advertisers and ad networks to effectively monetize our network. Unlike other digital currencies, Bytecent development is not funded by the dev selling premined coins or community funds.

I didn't think about that. But seems it really have a sense. Good job.
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December 26, 2015, 03:13:04 PM
 #830

Wow, nice dev news for Bytecent, with so low inflation and so smart distribution system i think Bytecent would be a really strong altcoin for 2016, i think we only need a little of marketing and it is in the road  Roll Eyes
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December 31, 2015, 04:44:50 PM
Last edit: January 01, 2016, 03:56:20 PM by Bytecent
 #831

On Monday January 4th 2016, we will be releasing the first public beta of the anticipated Bytecent 2.0 wallet!


This will not be a mandatory update, we feel we need hundreds of hours of public testing before completely replacing the current wallet.

After 2.0 is released, we will be releasing a new Bytecent wallet every 4-8 weeks. Now that our new framework is complete, updates will be rolled out at a significantly faster pace. We have dozens of new consumer friendly features planned, many not seen before in other wallets. We felt putting too many new features in one release would do more harm than good. So once everyone has had the opportunity to test the new wallet, and we have ironed out all the bugs, we will begin rolling out more new features.

I hope everyone enjoy NYE, and 2016 will be an amazing year for the Bytecent project!
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January 01, 2016, 01:09:16 AM
 #832

Happy New Year to everyone! Good work Chris, looking forward to seeing the final product!.

Radium  Bringing Advanced Utility to the Blockchain!
BTC Thread | Telegram
Bytecent (OP)
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January 01, 2016, 01:09:25 PM
 #833

Happy New Year Everyone!!!
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January 01, 2016, 03:55:11 PM
 #834

On Monday June 4th 2016, we will be releasing the first public beta of the anticipated Bytecent 2.0 wallet!


January?

{ BitSpill }
Bytecent (OP)
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January 01, 2016, 03:57:03 PM
 #835

Thank you for catching that. Too much early NYE celebrating.
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January 03, 2016, 11:03:01 AM
 #836

Every day less nodes. Month ago i had 30. I now come to 5. More network hash power.. Why and how?
Bytecent (OP)
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January 03, 2016, 11:49:08 AM
 #837

Every day less nodes. Month ago i had 30. I now come to 5. More network hash power.. Why and how?

Bytecent is nearly 13 cents. Anytime a coin increases in value with decent buy support, people are going to mine it. I hope you didn't think Bytecent difficulty would stay low forever.
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January 03, 2016, 03:24:43 PM
 #838

You are missing my point (again) There is much LESS nodes! and there is much MORE miners (hashrate). I didnt even mention diff.
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January 03, 2016, 05:56:48 PM
 #839

Diff is now too high from few days Sad
My Phenom with 980PPS is now too small
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January 03, 2016, 07:19:01 PM
 #840

Every day less nodes. Month ago i had 30. I now come to 5. More network hash power.. Why and how?

You had 30 nodes and now you come to 5 nodes? You really don't make much sense...

Do you maybe mean active connections in your wallet? That would make more sense...

EDIT: There are over 100 public nodes..
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