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Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
And if only we can buy VPS from hosting.dougcoin.org
I can try and get that going, seems like a legit idea.
Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
As we can see, the dev persists and that's all what's needed for a successful coin. It's specs are good already.
@dev
Maybe you can make a game like Entropycoin did which's a hit.
@dev
Maybe you can make a game like Entropycoin did which's a hit.
We had a dice game going but I don't think that was that popular. I'm thinking games like poker, slots, etc.
Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
hey guys
you may want to participate in voting to add dougecoin in QEX.la exchange
also you can find QEX exchange official thread here
it's an exchange for only quark base coins
and here is the link for voting
http://support.qex.la/support/discussions/topics/1000028685
i hope to see some activities from DEV
This is amazing news by the way, lets get out there and vote people!you may want to participate in voting to add dougecoin in QEX.la exchange
also you can find QEX exchange official thread here
it's an exchange for only quark base coins
and here is the link for voting
http://support.qex.la/support/discussions/topics/1000028685
i hope to see some activities from DEV
Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
Hey guys sorry for being MIA, have been buys with work for the last couple of weeks. I am still doing my best to get this off the ground but we need more support!
Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
Someone posted this problem with quark.
The solution was to open ports so more nodes can be added.
The solution was to open ports so more nodes can be added.
I believe this can also be fixed by adding more dns seeds to the source code. I'll see if we can add a couple more nodes.
Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
sample sgminer config:
Code:
{
"url" : "stratum+tcp://23.226.130.190:7977",
"user" : "",
"pass" : "x"
}
"url" : "stratum+tcp://23.226.130.190:7977",
"user" : "",
"pass" : "x"
}
Added to front page and website.
Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
I really wont suggest PoS completely, I would suggest mining + PoS hybrid.
You don't want high interest rates --
BUT --
As a way out, I would suggest interest rate of 3% PA using PoS; there will be no coin age for mining, it'll start mining the moment the wallet is in sync and the moment a wallet holds coins; that way it'll preventing holding of the coin as a commodity and people with keep the wallet up to get a handful of coins while they're holding them (as a cryptocurrency). This'll also keep the PoS difficulty up. Cause the interest is not high, we won't have people holding large amounts of coins, but a lot of people keeping their wallets up while they hold the coins.
2% PA inflation will be generated via mining to make a 51% attack still more difficulty.
Inflation is the key to success. This'll make a total of less than 5% PA inflation similar to doge. The way the 5% mined will be kinda unique among all cryptos.
You don't want high interest rates --
Quote
Cryptocurrencies are not commodities. It's designed to be spent and a medium to receive payments from. If a cryptocurrency is not that, it's basically a pump and dump scheme.
Actually if you see for a fair cryptocurrency which is not seen as an investment, there should be a little bit inflation, cause that way people will not hold on to it like investment; instead they'll use it to buy investments like shares and gold -- which is something to be seen as an investment.
Actually if you see for a fair cryptocurrency which is not seen as an investment, there should be a little bit inflation, cause that way people will not hold on to it like investment; instead they'll use it to buy investments like shares and gold -- which is something to be seen as an investment.
Quote
Proof of stake is not good.
It encourages holding the coins as investment, avoiding it's circulation, i.e. true use as a cryptocurrency. Then worst -- PoS looks at the coin age; the longer you're holding a large amount of cryptocurrency, the higher the chance of mining a block, which further reduces chance of circulation. However if the profits proof of stake is giving you is negligible, then we may nullify this disadvantage.
It encourages holding the coins as investment, avoiding it's circulation, i.e. true use as a cryptocurrency. Then worst -- PoS looks at the coin age; the longer you're holding a large amount of cryptocurrency, the higher the chance of mining a block, which further reduces chance of circulation. However if the profits proof of stake is giving you is negligible, then we may nullify this disadvantage.
BUT --
Quote
Proof of stake is only a partial measure to 51%.
You need to run a full node in order for the wallet to mine blocks based on PoS and it should be up always; how many people will do that? (especially when the interest rate is low)? When these coins will be made popular, 90% people will run paper wallets giving power to the hands of these 10%; thus an attack may not be that hard to do.
You need to run a full node in order for the wallet to mine blocks based on PoS and it should be up always; how many people will do that? (especially when the interest rate is low)? When these coins will be made popular, 90% people will run paper wallets giving power to the hands of these 10%; thus an attack may not be that hard to do.
Quote
Limited inflation is ideal.
Mining should not die; it should be done to recover from lost coins. After all coins have been mined (in a relatively short period of time), the coins made per unit time should be enough to maintain the prices.
Even real currency have an inflation problem and it's usually more than 0.5%. Actually it depends on the country. But do people have problem with that?
If they did not like their current currency, they always had options. They whould've chosen fossil fuels anytime (who's value will always increase); the reason why they didn't is cause the inflation of national currency is negligible for them cause they use the national currency to spend, rather than invest and hold.
Mining should not die; it should be done to recover from lost coins. After all coins have been mined (in a relatively short period of time), the coins made per unit time should be enough to maintain the prices.
Even real currency have an inflation problem and it's usually more than 0.5%. Actually it depends on the country. But do people have problem with that?
If they did not like their current currency, they always had options. They whould've chosen fossil fuels anytime (who's value will always increase); the reason why they didn't is cause the inflation of national currency is negligible for them cause they use the national currency to spend, rather than invest and hold.
As a way out, I would suggest interest rate of 3% PA using PoS; there will be no coin age for mining, it'll start mining the moment the wallet is in sync and the moment a wallet holds coins; that way it'll preventing holding of the coin as a commodity and people with keep the wallet up to get a handful of coins while they're holding them (as a cryptocurrency). This'll also keep the PoS difficulty up. Cause the interest is not high, we won't have people holding large amounts of coins, but a lot of people keeping their wallets up while they hold the coins.
2% PA inflation will be generated via mining to make a 51% attack still more difficulty.
Inflation is the key to success. This'll make a total of less than 5% PA inflation similar to doge. The way the 5% mined will be kinda unique among all cryptos.
I think that is a great idea, let's get some more opinions on this, I might implement this very soon.
Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
I am considering doing a hard fork of Dougcoin and adding POS, any thoughts/ideas?
damn yeah, it's great ideaso we will have pos and pow in same time or ...?
Ideally we would have POS kick in after mining is over, but I'm open to suggestions.
Re: [ANN][DOUG] Dougcoin - Quark based | KGW | 10240 CPB | OpenSSL-1.0.1g
Added to main thread page and website, thanks!
Dougcoin Version 0.8 has been released with openssl-1.0.1g compiled to prevent the heartbleed bug from disrupting the network.
An upgrade to version 0.8 is HIGHLY recommended. I have upgraded the wallet that hosts the block explorer and Dougpool to OpenSSL-1.0.1g and I highly recommend other pool operators do the same.
http://dougcoin.org/Dougcoin-Win-0.8.zip
Doug out.
Dougcoin has been added to http://www.altaccept.com!
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Altaccept is an evolution of the digital payment system! With Altaccept you are not restricted to accepting ONLY Bitcoin or Litecoin, but ANYCOIN!
Thanks for pointing that out, fixed!
Dougcoin will now be implementing Github to the fullest, any developers looking to help out or even check out the code can go to https://github.com/javabudd/dougcoin
Changes have been made to the Github source code (mostly make files) so that compiling on Linux actually works
A repository has been created at https://github.com/javabudd/DougcoinWinMake for users who wish to compile Dougcoin on Windows
Still awaiting some help on Mac versions
Doug out!
Changes have been made to the Github source code (mostly make files) so that compiling on Linux actually works
A repository has been created at https://github.com/javabudd/DougcoinWinMake for users who wish to compile Dougcoin on Windows
Still awaiting some help on Mac versions
Doug out!
Join COMKORT and trade DOUG at an exchange with the most convenient interface and super-responsive tech support[/