WTS at rate of 1LTC/100 RYC PM me

Everyone I have checked with and all my readings have said that 2 gigs of RAM is plenty... with 4 gigs am I not already having plenty of RAM in my system?

I was looking at that optimizing guide the other day and plan to do it as soon as I have a little time.

I will check out those parts on your setup... Thanks for the reply!

Scenario: community votes to change Bitcoin to script algorithms, rendering ASICS useless... all ASICs get sold out to the community, community votes to switch back to SHA. with the ASICS being cheap and decentralized.

Not gonna happen, but interesting thought

I am parting out a LTC rig for a friend and I would like to get some community feedback on this setup:

My Questions:
1. Will the CPU/Mobo/etc be compatible (I think so, but would like someone(s) to double check my work)
2. Will the 1000W PSU I picked out power the Mobo and 3x7950's?

PSU: (To Run Mobo and 2 or 3 7950's)
http://www.newegg.com/Product/Product.aspx?Item=N82E16817341028

Mobo:
http://www.newegg.com/Product/Product.aspx?Item=N82E16813128566

CPU:
http://www.newegg.com/Product/Product.aspx?Item=N82E16819113283&Tpk=AMD%20A4-5300&IsVirtualParent=1

Ram:
http://www.newegg.com/Product/Product.aspx?Item=N82E16820231427

GPU's:
http://www.newegg.com/Product/Product.aspx?Item=N82E16814125414

Risers:
http://www.amazon.com/PCI-E-Express-Extender-Flexible-Extension/dp/B008BZBFTG/ref=sr_1_2?ie=UTF8&qid=1368036457&sr=8-2&keywords=pcie+16x+riser+cable

Case:
http://www.amazon.com/dp/B0001ACQQA/ref=as_li_ss_til?tag=onsimobicomps-20&camp=0&creative=0&linkCode=as4&creativeASIN=B0001ACQQA&adid=0P0A27VWCABCSYMB2WYY

Thanks in advance!

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Thanks!

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thanks!

I would also like to be added to any PM mailing list that may form for this coin. I am fairly new to cryptocurrencies, but am digging into it quick. Currently looking into setting up an exchange or other related site and I would like to help out with this any way I can. This looks like a promising project.

Some food for thought... (Please explore and critique these ideas, they are intended for brainstorming purposes)

Assumptions:
(a) This is not intended to be a pump-and-dump or another copy-coin
(b) In order to be massively successful, the coin must improve upon multiple features of bitcoin AND litecoin

Two areas for lots of improvement:
- Energy: To my understanding, the computing power we use for mining our coins is all wasted. The only reason for the power requirements is to force scarcity and distribution. We need to find a greater purpose for the computing power, something that makes outsiders want to join the community because it is doing some good in the world. We need to include something like folding@home or analyzing DNA or something to benefit society.
- VALUE: Cryptocurrencies are currently linked very strongly to the USD/EU. Many miners simply mine the currency in order to sell it for USD. If these are ever going to have a chance at surviving, the infrastructure needs improvement. That is happening to a point, but really what we want is not 'x coins buys x dollars' but rather 'x coins buys a soda' as a way of thinking. What if the coins, as they gained value against other currencies, actually multiplied by 10's? so if its initial worth was $0.10 US, 10 coins buys a soda. If the value against the USD goes up to $1.00 per coin, everyone coins get multiplied by 10 (sort of like splitting a stock). The purpose would be to keep the purchasing power of a single coin approximately constant so that resellers can set prices in terms of our currency and not risk their prices being way off due to massive market swings like bitcoin has experienced.

Some other thoughts:
- SIZE of the blockchain: I don't know if it is possible, but i had seen earlier in this thread a mention of a blockchain that would begin to clip off earlier sections once it reached a maximum size. I don't know the feasibility but it is worth discussing. If these older blocks are needed to manage coins that have been stagnant for some time, maybe it would be possible to prune out the other transactions or migrate the coins automatically to a new set of addresses further in the chain?
- CONFIRMATIONS: What about smaller blocks so we could have more frequent rewards and faster confirmations? It would take more confirmations for the same level of security but wouldn't take any longer if I understand correctly. This could allow stores to assess their own level of needed security to begin processing an order/payment and it would make the process smoother as you don't wait as long for the first could confirmations.

Please feel free to tear this apart, but I hope there is also some constructive talk that comes out of these ideas...

Agreed that it should use a computer-based name. What about bytecoin (if one doesn't exist) it keeps with the original bitcoin naming scheme but is a bigger, newer, better concept... Bytes > Bits

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4 hours! yes! ... why am I still on this thread?

I am so close! <1hr

Gotta love the Norse...

My username is the named boss-creature from a low-level dungeon in a video game (DAoC) I played when I was a kid... Fond memories of that game...

Will someone post a link to the explanation plz? im confused. Thanks

No need to.. He can just pay someone else to do it for him

1 hour and 0 minutes

WOHOO! only 3 more hours. Countdown started.

Does anyone have a good (Concise) explanation of the BTC and/or LTC hashing algorithms and how confirmations work... I would like to explain this to a sceptic but cant find succinct resources...

Same issue... I read it can take 10 minutes or so...