Guys there was no premine. I know first hand because I mined from pretty much the first second the pool was open and can tell you that any old regular joe was able to mine and still is.
Read what I posted. There was no premine just problem with difficulty adjustment that allows 900,000+ coins to be mined in the first 24 hours.
Yes man, I get that, but whats important is who mined those 900,000 see?
Instead of the hands of one (Satoshi) or solely a dev team. The coins were mined by regular people like us including the dev team all at once. They did as they promised with no premine. It was an open landrun free for all mine. Bro get what I'm saying. YOU could have even mined part of them. Whats most important is what people decide to do with them. Its not absolutely doomed to fail and dump. If there is a concensus to hold and let the project flourish (there is) then the mined coins won't enter the market right away and kill the coin.
this is not problem at all, I can confirm the mining was done by public, including me. Devs delivered as they promised and if they launch atomic swaps in march as they're saying, this shit will get serious. It's funny looking how people compare this to other forks, it's not the same thing as other forks don't have anything to offer...
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BoardAnnouncements (Altcoins)
Re: ⚛️ [ANN] Bitcoin Atom - Fork 1:1 of Bitcoin - Atomic Swap Powered ⚛️
Why is there (again) a so high Blockrate with 10 Minutes (instead 180 - 360 sec.) ? And why is again used a difficulty retarget of 2 weeks, which can be easy manipulated with high hashrates peaks ? SHA256 is the next thing... It consumes enormous energy resources and feed again only the chinese mining farms. Take a look for lyra2z and neoscrypt algo. This algos are far more energy and resource friendly. The high blocktime has only the need for higher memory requirements to buffer all the incomming transactions, which is not very v-server friendly.
My suggestions for real improvements are:
- Difficulty retarget at every block (following the hashrate in near realtime) - Algo: lyra2z or neoscrypt, instead SHA256 - No ASIC-Support please - to make it real decentralized - Alternative: Multi-Algo capability (like DGB) - Blocktime 180-360 seconds, instead 10 Minutes - An Option to use "Zero fee" for small amounts of coins - Instant-Sent/Private Send Option
A good sample for an improved implementation are the actual GoByte/CrowdCoin/Innova, etc. Codebases
One of the main problems of BTC is the long waiting time for enough confirmations.
for this reason they integrated hybrid consensus both pos and pow for miners to get less control
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BoardAnnouncements (Altcoins)
Re: ⚛️ [ANN] Bitcoin Atom - Fork 1:1 of Bitcoin - Atomic Swap Powered ⚛️
by
fatjoey
on 15/01/2018, 09:31:51 UTC
it's coming on 25. As per the current price estimates marketcap will go billions straight after launch
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BoardAnnouncements (Altcoins)
Re: ⚛️ [ANN] Bitcoin Atom - Fork 1:1 of Bitcoin - Atomic Swap Powered ⚛️
I would look into polymath. imo they're creating the blockchain stock market which is going to revolutionize securities. You can go on their platform and launch your own legal security token and get access to a network of verified investors. wp - https://drive.google.com/file/d/0B2pD5w-G5-sJVGc5YjdmZ0hsYVE/view
securities in combination with crypto are pain in the ass. if that project can sort it fair enough to them could be a big success
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BoardAnnouncements (Altcoins)
Re: ⚛️ [ANN] Bitcoin Atom - Fork 1:1 of Bitcoin - Atomic Swap Powered ⚛️
by
fatjoey
on 02/01/2018, 09:53:53 UTC
We should make GIFs for this project. Anyone with ideas?
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BoardAnnouncements (Altcoins)
Re: ⚛️ [ANN] Bitcoin Atom - Fork 1:1 of Bitcoin - Atomic Swap Powered ⚛️
Did this fork happen yet? Is there any date of when it did or when it will happen?
Exact block number wasn't announced yet. They said in telegram group that they're waiting to announce some more partnrships before they decide on block
Thanks
no worries bro
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BoardTokens (Altcoins)
Re: 📌🔵🔴[ANN][PRE-ICO] Ethereum Soft 🚀 - The future is here (ESFT) 💲🔴🔵
by
fatjoey
on 28/12/2017, 19:18:10 UTC
It might be a scam, just look at the team page
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BoardAltcoin Discussion
Re: Sold 300k Verge in the last couple of days and quit my job
by
fatjoey
on 28/12/2017, 18:23:53 UTC
Well done! What do you think about envion? I just invested some eth in that project, team looks really solid
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BoardSpeculation (Altcoins)
Re: Bitcoin or Ethereum
by
fatjoey
on 28/12/2017, 18:10:49 UTC
eth for sure
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BoardTokens (Altcoins)
Re: [ANN][ICO] 🌟🌟 Datum - Unlock the Bln $$ Data Economy - ICO 29th October - 🌟🌟
Currently there are 12 cryptos that have a market cap of $5 Billion,according to coinmarketcap.com. The entire market cap of the combined crypto market has grown 300% in just 3 months.Imagine how much money will be in the crypto space by the end of 2018.Not the $600billion as of today but trillions.
I believe within one year there will be 100+ cryptos with a £5+Billion net worth.So why can't Datum be one of those?
If we take a scenario where the DAT coin have a $5B market cap,with approximately 2 billion coins in existence,that would place DAT at approximately $2.50 per coin,65x from todays prices.That would turn my measly $700 into $45,000.Where else can you get that kind of return without even doing anything?
So we don't want a pump and dump with this coin.We want a nice steady progression,and we will get this providing everything goes according to plan and the team doing what they say they will do.
You're saying like it's a done deal
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BoardAnnouncements (Altcoins)
Re: ⚛️ [ANN] Bitcoin Atom - Fork 1:1 of Bitcoin - Atomic Swap Powered ⚛️
Did this fork happen yet? Is there any date of when it did or when it will happen?
Exact block number wasn't announced yet. They said in telegram group that they're waiting to announce some more partnrships before they decide on block
Amazing! This projects gets bigger and bigger every day! OKEx and Coinomi on board mean so many users. 1 or 2 more major announcements and this could grow bigger than Bitcoin Cash
WOW!!! I expect the price of 1 BCA to be $500 immediately after the fork is done
Let's not get too carried away yet. I'm monitoring the project closely waiting for the block