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Another way (not sure if easier are harder to calculate) is to have the mod of the previous block hash deterministically pinpoint a single satoshi from a coinbase transaction. Then follow that satoshi as it travels from transaction to transaction until it reaches an unspent output. Then that output address will be selected as the next stakeholder. You can do this deterministically. Since the initial satoshi picked from a coinbase output is evenly distributed, the eventual selection will be evenly distributed also. I can explain more if people are interested in how this will work.

I don't think satoshis are tracked the way you think they do. If there's a 50 BTC coinbase which is split to two addresses you can't say "this satoshi went to output A and this satoshi went to output B". Not a major problem though, if you agree on a randomness seed (deterministically from the blockchain) you can simply trace the chain forward, in each step choosing a random output weighted by number of coins.

Satoshis are not tracked that way, but you could track it that way. You just need a deterministic way to do it. So just map every satoshi in the input to a satoshi in the output using an ordered 1 to 1 mapping. So for example, if you are looking at a transaction with an input of 50 BTC and 2 outputs of 25 BTC each and you are tracking the a satoshi that is located at 26.11111111 of 50 BTC, then you would follow the 1.11111111 satoshi in the 2nd output. Does that make sense?

Yes, you could do that. You need to be very careful though not only with the order of inputs and outputs, but also with the order of transactions in a block since the satoshi can end up as a tx fee.

Essentially this is equivalent to how I suggested to look at it.

There is a standard ordering of transactions in blocks, right? If not, having it alphabetized by address is fine. As long as all the nodes use the same deterministic way, we are good. Satoshi ending up as a fee is fully supported. Since those will just be sent to the miner's block reward and it can continue follow the path.

The only catch is it's possible for a miner to destroy coins by not redeeming the full 50 btc in the coinbase. When that happens to our tracked satoshi, maybe we decide that there's no stakeholder for the next block.

is it's possible for a miner to destroy coins by not redeeming the full 50 btc in the coinbase. When that happens to our tracked satoshi, maybe we decide that there's no

for a miner to destroy coins by not redeeming the full 50 btc in the coinbase. When that happens to our tracked satoshi, maybe we decide that

to destroy coins by not redeeming the full 50 btc in the coinbase. When that happens to our tracked satoshi, maybe we

by not redeeming the full 50 btc in the coinbase. When that happens to our tracked satoshi,

the full 50 btc in the coinbase. When that happens to our

btc in the coinbase. When that happens

the coinbase. When

coinbase.

coinbase
coinbase
COINBASE
COINBASE!!!!
!!!!!COINBASE!!!!

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Topic

Board Mining (Altcoins)

Re: KNCminer Titan Batch 1 pre-orders getting the short end of the stick?

coinxed

on 03/06/2014, 23:23:48 UTC

https://bitcointalk.org/index.php?topic=170332.msg6396417#msg6396417

History repeats itself. Good luck with your problem plagued miner that has been "TESTED" for a month before shipping to you.

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Topic

Board Marketplace (Altcoins)

Topic OP

Selling My 60Mh/s A2 Scrypt Miner

coinxed

on 02/06/2014, 05:22:55 UTC

I am selling my A2 Scrypt Miner it will be shipped from within the U.S

I will only ship to Continental U.S addresses only
(Shipping Cost Included)

Unit currently runs stable 61-63Mh/s

Has no issues to date and requires a stable pool with a difficulty rate of 1,500-4,000 to get good hash rates.

Will be posting some pictures later.

Looking to get: $7,500 USD

I prefer to be paid in Bitcoin or Litecoin

No returns or warranty will provided. I will ship with a shipment warranty.

***I WILL BE USING AN ESCROW***

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Topic

Board Service Announcements (Altcoins)

Re: [ANN] BETARIGS.COM - Cryptocurrency cloud mining - thousands of rigs available!

coinxed

on 25/05/2014, 14:55:06 UTC

Had someone use an unstable pool to mine some random coin.

Now they petitioned against my payment and blocked it.

Betarigs is investigating, I will see if I continue lending my rig to this service.

This is my first petition of blocked payment, previously to this I had 8 successful payments.

I messaged the renter that his pool was unstable and even compensated 3.75 when I had internet issues that left the rig offline for 3hours.

Amazing thing is he never messaged me back. Just enjoyed his mediocre hashrate of his pool that kept booting my rig nonstop for a whole day.

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Topic

Board Marketplace (Altcoins)

Re: [Pre-sales] 60MH/s A2 Scrypt Asic miner shipping from China

coinxed

on 05/05/2014, 16:24:03 UTC

Quote from: qiangminer on May 05, 2014, 07:54:38 AM

FAKE SKYPE ID ALERT!!!

My Skype ID is "qiangminer" = "QIANGMINER" the one and only.
The Skype ID "qianqminer" = "QIANQMINER" is not mine. It's fake and scam!!!

Pls, be careful.

Since this is a shipped Item do you take Paypal?

If so how much are you charging using Paypal, I know they charge fees.

Also let me know how to pay of it, what website or email to send money to.

Thanks