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Showing 7 of 7 results by globalkeith
I'm running multiple masternodes on one vps - whether you can run multiple nodes from the same chain depends on the code. Some coins lock the ip address for mainnet, others dont. If the port is locked, you can only run one node for that coin per ip address. So the options are:
1. Run multiple coins - each has a different port, so they can all use the same ip address
2. Run coins that allow different ports - same ip address
3. Order more ip addresses
4. Use ipv6 if it is supported by your coin
I use a different user for each coin - that way the default installation works without having to pass additional parameters when running the commands.
1. Run multiple coins - each has a different port, so they can all use the same ip address
2. Run coins that allow different ports - same ip address
3. Order more ip addresses
4. Use ipv6 if it is supported by your coin
I use a different user for each coin - that way the default installation works without having to pass additional parameters when running the commands.
Thanks everyone for providing me clarification. I'm glad to hear about Gridcoin, although I'm not a huge fan of the name (too abstract) tho. Anyway, I feel Notanon has really coined my point here :
I see the value and success of alt coins will ultimately come down uniqueness but also genuine innovation. Any coin thats basically a duplicate of an existing coin (and there seems to be a lot of them) with different graphics is a huge waste of everyone's time. Maybe someone who's good at making graphics could do a nice 'genealogy' chart showing the ancestry lineage of coins to get the full picture. Probably make quite a useful site actually
My prediction for the next year or so will be this: Coins that have some more tangible and more noble benefits such as assisting with protein folding or donating part of proceeds to carbon emission offsets or similar benefits will become more dominant and more pointless clones with no innovative features will die off, particularly as more people become wise to them and avoid them like the plague, no matter the marketing and hype that the developers will use to try and rope people in.
I see the value and success of alt coins will ultimately come down uniqueness but also genuine innovation. Any coin thats basically a duplicate of an existing coin (and there seems to be a lot of them) with different graphics is a huge waste of everyone's time. Maybe someone who's good at making graphics could do a nice 'genealogy' chart showing the ancestry lineage of coins to get the full picture. Probably make quite a useful site actually
They aren't useless the secure the network.
If you decide to open a bank so you pay a contractor a lot of money to build a secure vault, and then you install lots of cameras, pay for an alarm system, and hire security guards .... and then the bank never gets robbed (maybe because the security is too tight) was it a waste of resources?
If you decide to open a bank so you pay a contractor a lot of money to build a secure vault, and then you install lots of cameras, pay for an alarm system, and hire security guards .... and then the bank never gets robbed (maybe because the security is too tight) was it a waste of resources?
So are you saying that the process of mining is purely validating transactions? I apologise for my question if that is the case, I had the impression most mining calculations were akin to brute force calculations looking for special numbers that match the formula - similar to hunting for prime numbers. Have I got this all wrong then?
Ok, so forgive my ignorance here, but am I right in thinking that as a result of Bitcoin and the literally hundreds of alternate currencies springing up daily, we, the human race are using BILLIONS UPON BILLIONS of processing cycles to calculate worthless sums? I say worthless because the hashing is mostly wasted effort, am I right in understanding that?
Surely the logical next step here is to make this ENORMOUS BOTNET calculate something useful? I'm thinking of solving science questions, SETI, fighting cancer, or any other distributed software projects, that kind of thing?
Do any of the alt currencies attempt to tackle this, or are we still a way off actually utilising these CPU/GPU cycles for the good of our species and/the planet.
Surely the logical next step here is to make this ENORMOUS BOTNET calculate something useful? I'm thinking of solving science questions, SETI, fighting cancer, or any other distributed software projects, that kind of thing?
Do any of the alt currencies attempt to tackle this, or are we still a way off actually utilising these CPU/GPU cycles for the good of our species and/the planet.
Re: [ANN] Lightcoin - The Revolutionary Crypto-Currency. Pre-Announcement Thread.
This coin is DOA, guaranteed.
~BCX~
Agreed. Look at these diffs, haha:
https://github.com/litecoinmessiah/lightcoin/compare/litecoin-project:exp-0.8.5.3-rc8...exp-0.8.5.3-rc8
5 hours ago.
The best part about reading through this diff is line 22 of 'readme.md'
They didn't even bother to fix the typo in word 4 !!!
Haha
Hello
Long time lurker here, finally decided I need to start the process of trying to join in as I've found myself repeatedly looking for the reply button over the pars few days. I have a fairly good understanding of bitcoin as an ex programmer and still passionate open source developer and advocate. Hold accounts with crypsy, mtgox, btce etc. have read santoshis white paper a couple of times.
Many thanks
/gk
Long time lurker here, finally decided I need to start the process of trying to join in as I've found myself repeatedly looking for the reply button over the pars few days. I have a fairly good understanding of bitcoin as an ex programmer and still passionate open source developer and advocate. Hold accounts with crypsy, mtgox, btce etc. have read santoshis white paper a couple of times.
Many thanks
/gk