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Showing 20 of 448 results by bidji29
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Topic
Board Altcoin Discussion
Re: AT vs. Ethereum - what direction are we headed in?
by
bidji29
on 29/01/2015, 23:21:01 UTC
Qora is almost dead. What about NXT, Bitshares, Bitcoin, some top 10 or at least top 20 coins?

I'd say wait and see about Qora - Bitshares has its own SC system and Bitcoin is not interested in one for now.


You skipped NXT! Would you be up to help if approached by them?
Post
Topic
Board Economics
Re: Serious flaws in Bitcoin monetary policy
by
bidji29
on 20/01/2015, 11:13:47 UTC
I proposed some change to the monetary system of NXT platform. (if you don't know about it : http://nxt.org/about/monetary-system/ . It's basically PoW for repartition of coin when PoS secure the network)

It would solve your "second problem". --> Difficulty never go down so no inflation if price is already too low


Quote
We need adaptative difficulty and minting cap for mintable currency.

The monetary system is great.
But the mintable part was not part of the plan and so it was added later and I have to say it's very limited and clunky.
Coin are not viable because the difficulty curve is totally linear. You can mint as much coin as you want if you have the hashrate, no competition between minter.
There is absolutely no protection against big surge in hashrate (like ASICS with bitcoin). And ASICS will fataly come one day or the other.


Mintable coin are currently a success in term of activity and fee generated but it will not continue if nothing is done.

To be viable long-term, coin need adaptative difficulty and minting cap !



What is Minting cap : It stop totally the minting once a cap is reached. The minting can continue once at a certain block. For exemple a limit of 10'000 coin / 5000 block
If 10'000 are minted in 2000 blocks, minting is stopped for 3000 blocks


What is Adaptative difficulty : Based on the number of block to reach the limit, difficulty is adjusted proportionally for the next chunk. (like in traditional PoW)
The exeption is  : Difficulty only need to increase. If the cap is not reach, difficulty do not need to decrease because minting is not neccesary to coin survival. Monetary system coin still work perfectly if no coin are minted. This way there is no inflation when the cost of mining is superior to the cost of the coin. And that's a huge advantage compared to traditional PoW.
Post
Topic
Board Mining (Altcoins)
Re: [NEW MINING CLASS] MSCoins - Opportunities for CPU and GPU miners
by
bidji29
on 19/01/2015, 15:30:09 UTC
Network is secured by Proof-of-Stake but repartition of coins by Proof-of-Work!

That's a new paradigm in the altcoin/crypto universe.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] - ELEMS - NXT MS Mintable Coin - No Premine - No IPO - Fair Distribution
by
bidji29
on 17/01/2015, 03:33:03 UTC
A GPU miner has been released for minting.

Located on NXT forums. Made by poster ScripterRon.
Takes a little set up but it works.

https://nxtforum.org/monetary-system-153/nxtmint-java-minter/


GPU part only work for keccak algorythm right now.
Post
Topic
Board Altcoin Discussion
Re: TRY a demo with NXT INSTANTLY!! NO DOWNLOADS! no CLIENTS
by
bidji29
on 17/01/2015, 00:00:21 UTC
that's really good to introduce new people!  althought the server seems a bit slow.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] - ELEMS - NXT MS Mintable Coin - No Premine - No IPO - Fair Distribution
by
bidji29
on 13/01/2015, 19:04:53 UTC
It will be possible to gpu mine in the future when people develop the tools. But right now it's CPU only
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] - ELEMS - NXT MS Mintable Coin - No Premine - No IPO - Fair Distribution
by
bidji29
on 13/01/2015, 10:15:57 UTC
Nice coin.
Let's hope hope this "Monetary system" is a new beginning for POW coin
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] - ELEMS - NXT MS Mintable Coin - No Premine - No IPO - Fair Distribution
by
bidji29
on 12/01/2015, 19:27:25 UTC
You don't have to mine coin one by one. You can choose to mine 5 or 10, or more.

Since you have to pay 1 nxt everytime you mine, it's best to choose a number big enough to mine like 1 or 2 time a day.


Example : if you choose to mine 1 by 1, and you get 1ELEMS/hour. You get 24 ELEMS at the end of the day but you payed 24 NXT
So you just have to change the seetings to make the minter mint 24 ELEMS. At the end of the day you get the same amount of ELEMS but you pay only one NXT
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new constellations POW **CPU-ONLY** NEW 0.9.2 CLIENT
by
bidji29
on 31/08/2014, 09:43:11 UTC
Quote
If you want to apply for you coin, write a PM to me with the following:
1. What makes your coin useful to the SuperNET. If your coin is just a clone of another coin with just some variables changed, there is no need to apply for inclusion into the CORE. It is just wasting of time. So, this means LTC cant get included in the CORE, however it can be in the spiral arms utilizing the power of the CORE.

2. Basic coin stats, believe it or not I have not memorized every coins current and future supply, emission curve, etc.

3. anything else you think will help me to understand your coin, the type of community, future goals, etc.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Supernetwork IPO - conducted by Poloniex
by
bidji29
on 30/08/2014, 10:24:51 UTC
When you say you want good and active dev to join the supernetwork, i instantly think about gatra. He is the dev of Datacoin and do great things with it. The coin doesn't have much value on market but he's doing great work and doesn't abandon it.

https://bitcointalk.org/index.php?action=profile;u=119445;sa=showPosts
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new constellations POW **CPU-ONLY** NEW 0.9.2 CLIENT
by
bidji29
on 30/08/2014, 10:11:27 UTC
I think it can interest you Gatra :

http://www.jl777.org/supernetwork-ipo/

"Understandably, I am being approached by coin devs who want to be part of the Supernetwork and I am evaluating them to find their unique advantage that brings value to the Supernetwork. While the Supernetwork will be able to work with all of crypto, eg. you can trade BTC and other crypto, only a select number will form the core of the Supernetwork. What this means is that the coins that are accepted will most likely get a pretty immediate boost in valuation. Nothing like what happened to BBR in most cases, but still the fact that the coin instantly is worth more when it has direct access to the Supernetwork and also gains revenue sharing, really does increase the value of the coin. This is a permanent and significant change to the outlook of the coin."


Datacoin could join the supernetwork. You're the type of dev he search.

You should contact him : https://bitcointalk.org/index.php?action=profile;u=177323
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Crypti | Release June | 100% POS | New Source
by
bidji29
on 16/07/2014, 14:16:17 UTC
Important update
The pre-sale total cap of 750 BTC has been reached.
We are grateful to the community for the chance it has given us to make the Crypti vision come true!

Bter has frozen the CRSALE orders to avoid additional transactions over the 750 cap. The CRSALE orders will be re-opened in case of re-funds.
Maxmint still receives funds, which will be used in case of Bter re-funds, using their transaction time in blockchain to calculate the bonus and synchronize with Bter buys.


What's next?
We will continue working hard both on Crypti technology and business development, posting here tangible results periodically.

Moreover, we will use this period to finalize the Foundation charter and establish the Foundation from Crypti launch team and community members, and finalize the remaining materials (white-paper, ledger, site, etc...).

Once the August the 10th arrives, we will officially launch Crypti mainnet, and start distributing the genesis block to buyers.


Demo version issues
Please report any issues to Crypti github, so our team could handle them efficiently:
https://github.com/crypti/crypti-public/issues


Crypti pre-bonus price
Quote from: Bitseed
Here is a table showing average price per Crypti in BTC. This does not include bonus credits, so the actual price paid by an investor may very depending on when an investment is made and the volume of investments before and after on different dates.

Total Investment, BTC   2% Limit per Investor   Price per Crypti, BTC   Crypti distributed   Crypti per BTC
            
750                      15.0                           0.0000075                   85,000,000           113,333
            
notes:            
price per crypti includes developer shares.            
Post
Topic
Board Announcements (Altcoins)
Re: SCAMMERS!! Beware!! MCXNOW is a fraud!!
by
bidji29
on 04/05/2014, 13:56:52 UTC
Seems like you forgot your password.

Realsolid like to be rude with the custommer, especially when they make a mistake.
That's not politically correct, for sure. But hey that's mcxNOW. If you don't like that, you don't use it.

Okay, I'm stunned. This is a 'professional' doing client service?

Does anyone else have any proof of treatment like this.

This seems like the type of exchange we need to warn community members about.

Realsolid is the only owner and programmer of mcxNOW.

It's as much professional in the technologic and security sense, than it is unprofessional in customer service.
No coins were ever lost or stolen. It's without doubt the fastest exchange out there.

But if you make a mistake (lose your password or your 2FA phone), Realsolid will not be nice with you.

If the OP is really who he's pretending, he will recover access to his account, when he prove it.
Post
Topic
Board Announcements (Altcoins)
Re: SCAMMERS!! Beware!! MCXNOW is a fraud!!
by
bidji29
on 04/05/2014, 13:49:30 UTC
Seems like you forgot your password.

Realsolid like to be rude with the custommer, especially when they make a mistake.
That's not politically correct, for sure. But hey that's mcxNOW. If you don't like that, you don't use it.
Post
Topic
Board Altcoin Discussion
Re: Have the three known flaws in Nxt been found?
by
bidji29
on 26/03/2014, 23:44:27 UTC
Is the source code free from these flaws? Or does it still contain them?

Yes, the 3 injected flaw has been found and the bounty distributed
Post
Topic
Board Development & Technical Discussion
Re: Transaction Malleability Reloaded
by
bidji29
on 22/03/2014, 19:19:55 UTC
Hi Serpens! I will be doing a demonstration soon, the problem is that we have 3 am at night over here and I am a bit tired.
Almost three days later after the original post, should someone call emergency response to wake Mr. Kinevel from his slumber?

funny, I just asked him if he's willing to give a brief statment over here. But he played the stalling tactics card, says he's too disappointed...sniff. There's nothing left to believe in him. Guess you were right about him right from the beginning. Just another thickhead wasted his five minutes of fame, case closed.

And I took my time to sign a message. Never really thought it would come to something - but sometimes you never know. Maths is amazing but clearly not for this chap.

Sorry guys, I was in the NXT thread. There, people also laughed at me when I tried to talk about a potential issue a few weeks ago, now I collected a 100,000 NXT bounty for identifying the bug.

I will be back shortly, to finish up this demonstration here.

The potential issue you bringed some days ago and the "bug" you found are two different things.

-You claimed it was possible to funds NXT account with unlimited funds, and you didn't proved that at all.
-The bug you discovered was an injected flaw by the NXT dev to make sure people audit the source code. You got it, congrats for the 100k bounty.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, CLIENT UPDATE v0.8.7 AVAILABLE
by
bidji29
on 11/03/2014, 23:08:13 UTC
Riecoin GPU miner update:

RIC mining performance is disappointing - Nvidia's GTX 780 Ti is only 3x faster than Intel's Core i7-4770K. But the Ti is 8x faster than the 4770K when used for XPM mining, so there is still hope. Apparently,  Nvidia's compiler still works best with small kernels. Modular multiplication for XPM and RIC uses 12 and 42 machine words respectively on the GPU device. The next step will be to write smaller kernels for the RIC core, but I will not be able to get back to this hobby for at about a month from now.

It would be interesting to find out the difference in performance for a RIC core between a GTX 780 Ti and a Radeon 290x. I have reason to belief that the GTX 780 Ti's performance should far exceed that of the 290x. But without an optimized RIC core for the 290x, it will be difficult to tell by how much. Hopefully someone who has excellent OpenCL programming skills can provide to us performance figures for the 290x .

Sorry for the typos, my smart phone screen is small.

Your compare your GPU results with which CPU miner? The fastest?
Post
Topic
Board Altcoin Discussion
Re: [ANN] MCXNow Bot is coming ! Only 13 Units left !
by
bidji29
on 27/02/2014, 01:38:42 UTC
Realsolid never stated he will ban bot. He don't care about them. He said they have as much right to place orders than anyone else
Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
bidji29
on 15/02/2014, 09:47:51 UTC
I'm not sure that it's good to see Nxt mentioned together with RealSolid or any his project...
+1000

I also strongly recommend that people stay away from RealSolid's mcxnow exchange. Having Nxt on it will only give us bad reputation by association.


mcxNOW is the best exchange out there.

He shutdown the site for 2 month because he had problem with the support load, but everyone had the possibility to withdraw all their money if they wanted.
Now the site is back and kickin more than ever
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BitLand - NEXT GENERATION CRYPTO ASSETS & CURRENCY
by
bidji29
on 13/02/2014, 22:40:27 UTC
I'm not going to ask for a refund either. I believe in the possibility of Bitland
Good luck!