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Showing 20 of 232 results by konamist
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Topic
Board Bitcoin Discussion
Re: The Future of Bitcoin Scalability: An Introduction to Lightning Network & Alter.
by
konamist
on 23/05/2019, 06:26:18 UTC
IMO DPoS is a double-edged sword, it's better in decentralisation than PoW (this advantage may be more and more insignificant over time) and energy saving, but lack of supports from the mining industry, which is a problem for a bitcoin fork. LBTC may be regarded as a DPoS version of bitcoin, it's a very interesting experiment that no other bitcoin forks had done before or after. Time will tell us if this is a better approach.

And there's the rub of this whole story as we need the support of the miners in the implementation of LBTC. At any rate, we should welcome any development or innovation that can possibly address the problem of scalability while not compromising one of the main tenets of the blockchain which is decentralization. I am sure that soon the whole industry can be able to arrive at solutions acceptable to all stakeholders. Do you think what are the reasons why miners are not interested with DPos?

As a DPoS "miner", first you have to hold a certain amount of coins in your wallet, then you need to vote to one or more delegates (validators), a common PC or even a laptop would work fine, you don't need any ASIC or GPU mining rig at all. It's a totally different logic from PoW. Mining farms are very heavy assets, but they don't have any advantage in the PoS/DPoS consensus mechanism. I think this is why miners are not interested in DPoS.
Post
Topic
Board Bitcoin Discussion
Re: The Future of Bitcoin Scalability: An Introduction to Lightning Network & Alter.
by
konamist
on 23/05/2019, 02:49:44 UTC
IMO DPoS is a double-edged sword, it's better in decentralisation than PoW (this advantage may be more and more insignificant over time) and energy saving, but lack of supports from the mining industry, which is a problem for a bitcoin fork. LBTC may be regarded as a DPoS version of bitcoin, it's a very interesting experiment that no other bitcoin forks had done before or after. Time will tell us if this is a better approach.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SEM] Semux - Official Thread - Free Airdrop
by
konamist
on 27/10/2017, 05:42:55 UTC
I am so glad that I joined the airdrop. The wallet looks so cool, I believe SEM will be as successful as XEM Grin

By the way, I am wondering if there will be more rounds of airdrops in the future?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SEM] Semux - Official Thread - Free Airdrop
by
konamist
on 22/10/2017, 16:13:01 UTC
what if my account rank is upgraded during the airdrop? can I send a pm to the moderator to change my information?

There is a good chance the script reads the rank daily.


Thanks for your quick answer, which solves my doubt Wink
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SEM] Semux - Official Thread - Free Airdrop
by
konamist
on 22/10/2017, 14:19:20 UTC
what if my account rank is upgraded during the airdrop? can I send a pm to the moderator to change my information?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] E-CurrencyCoin Thread
by
konamist
on 09/10/2017, 17:21:17 UTC
I have the backup file of wallet.dat, but the wallet I just downloaded (win64 version) doesn't seem to be working. Does anyone know how to sync the wallet? Many thanks!
I don't know exactly what happen but you try to copy/paste this code into conf file in ..\AppData\Roaming wallet folder.
dns=1
addnode=www.cryptounited.io
addnode=74.208.133.18
addnode=82.176.15.155
addnode=66.66.243.140
addnode=223.134.231.97
addnode=46.4.64.68

Many thanks for your help. The wallet is moving now, but the sync speed is too slow (8 connections in total), is there any way to accelerate?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] E-CurrencyCoin Thread
by
konamist
on 09/10/2017, 15:51:30 UTC
I have the backup file of wallet.dat, but the wallet I just downloaded (win64 version) doesn't seem to be working. Does anyone know how to sync the wallet? Many thanks!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] E-CurrencyCoin Thread
by
konamist
on 09/10/2017, 14:57:45 UTC
quite surprised to learn that ECC is still alive, gonna check my wallet, I remember that I still have some coins remaining from 2014 Smiley
Post
Topic
Board Speculation (Altcoins)
Re: Next 100x?
by
konamist
on 09/10/2017, 13:54:40 UTC
I believe 0x definitely has the potential to be 100x, just need to be patient
Post
Topic
Board Speculation (Altcoins)
Re: red pulse ICO worth it?
by
konamist
on 09/10/2017, 13:52:36 UTC
bought some at the first round, but failed at the 2nd round Sad
Post
Topic
Board Altcoin Discussion
Re: Ethereum SCAM?
by
konamist
on 14/06/2017, 13:53:40 UTC
I don't think Ethereum is a scam. IMO Ethereum is revolutionary and much better than Bitcoin in many ways.
Post
Topic
Board Service Discussion (Altcoins)
Re: Where to buy ICOs
by
konamist
on 14/06/2017, 13:18:41 UTC
the ROI of most recent ICOs are lower than ETH, so I think it's better to hold ETH.
Post
Topic
Board Altcoin Discussion
Re: Ethereum is about to take over Bitcoin
by
konamist
on 14/06/2017, 13:13:59 UTC
It's already very close now, it's just a matter of time.

How can you say that, ETH is way behind BTC in terms of price and market capitalization and for ETH to take over BTC still a very long time needed.
Yes that's right ETH is far behind BTC, maybe ETH can take over btc in the next 10-20 years, it can happen if BTC continue to experience down and abandoned. Grin

It won't take that long. The gap in market cap is just 25%, maybe it will happen in a few months.
Post
Topic
Board Speculation (Altcoins)
Re: Ethereum in 5 years
by
konamist
on 14/06/2017, 13:07:46 UTC
My prediction is $600 by the end of 2017, but hard to tell what it will be 5 years later.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Catcoin - 0.9.2.0 - NEW THREAD
by
konamist
on 14/06/2017, 12:49:51 UTC
It's amazing to see Catcoin is still alive. I once mined some Catcoin in 2015.
Post
Topic
Board Announcements (Altcoins)
Re: | STRATIS | The first blockchain developed for businesses |Full POS
by
konamist
on 14/06/2017, 12:37:36 UTC
STRATIS is better than ethereum classic.
ethereum classic price is 700k+ satoshi so expect STRATIS price more than ethereum classic.
Don't lose this opportunity to turn it to x10 or more

It's already 1100x against the ICO price, do you really believe it still has the potential of x10 or more?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::
by
konamist
on 14/06/2017, 12:32:54 UTC
is this project similar to Golem or iEx.ec?
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] SONM: Supercomputer Organized by Network Mining
by
konamist
on 14/06/2017, 12:11:09 UTC
Only one day left, don't miss the train guys. My ETH is ready Smiley
Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
konamist
on 14/06/2017, 12:07:50 UTC
instantly top 6 in marketcap, this is insane, I don't think it will stay at the current price for long.
Post
Topic
Board Marketplace (Altcoins)
Re: [BOUNTY] [ICO] PATIENTORY: Blockchain-Secured Medical Records
by
konamist
on 14/06/2017, 12:03:01 UTC
anyone knows what is the exact time of releasing the signature bounty?