Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax - 100% Community
by
faneatiku
on 22/11/2017, 21:07:14 UTC
Hi all

this coin is one of the best thing that have happen to crypto lately. and thx to the dev team for working hard on this you are amazing!!!

in my point of view regarding supernovo.

it do not help there is 50+ difference pools.
we need to find 1 or 2 pools to begin whit.
because we are spreading our hasing power thin, so when new miner chek out the coin they will leave quick because they are depend on getting pay asap for bills and security.

so what if. all the pool ho is donating making one site to mine on.

and make diffent donating fees for each port.

so one is 0.5% and another is 2% and so on. after a while when the new miners are getting comfortable and feeling safe. you could spit the mining pool up in region so it will be hard for one pool to get 51%

What are your thoughts community?

i hope its readable. English inst my first langue            

You should first understand the term "decentralized". I know you have good intentions but mining through a single pool is bad. We need hashing power to be distributed equally, or almost equally, between miners/pools.
I'm not good at explaining this but someone else might be able to draw it down for easier understanding. Search the web, there are lots of people explaining how this work. So, move from supranova, and then move from other pools that have more than half of hashing power of a blockchain. This is valid for any crypto and any blockchain structure.





And every pool has a node running so, if i'm right it increase network efficience

Thx for your replay. is it "decentralized" now? no supernovo have the majority of the hashing power. what can we do to stop it? beg all on supernovo to stop mining there? many of them dont have time to wait a month to avg out. they need the money now. we need a solution. fast so we dont get any 51% attack. if that happens btcz will look weak. my proposal was there is supernova and 1 or 2 pool that can battle supernova for hasing power in the beginning. it is a proposal and i want to debate on how we tackle this problem do you have a good idea to stop supernova? Smiley
      

It's free market. We can just recommend to not use it, not list on website etc.
Miners have freedom.

Current status is OK: suprnova 1.8MSol / 4MSol network hashrate

Good. This means that miners are actually subscribed to the community and moved to other pools. Smiley