FYI, newcomers! Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange and receive IGNIS!) in the Lucky node project? Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi. Run the node 24/7 or as often as you can while you work or play. Join in with the over 100 nodes that are already in the project.
FYI, newcomers! Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange and receive IGNIS!) in the Lucky node project? Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi. Run the node 24/7 or as often as you can while you work or play. Join in with the over 100 nodes that are already in the project.
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Topic
BoardBitcoin Discussion
Re: Hardfork, the best thing that happened to Bitcoin since scaling debate started
by
lurker10
on 06/08/2017, 11:41:41 UTC
Bitcoin Cash is now insurance against not raising block size to 2MB in November as Segwit2x prescribes to do.
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BoardMarketplace (Altcoins)
Re: IOTA :: Buying / Selling
by
lurker10
on 06/08/2017, 11:36:10 UTC
sold
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Topic
BoardBitcoin Discussion
Hardfork, the best thing that happened to Bitcoin since scaling debate started
by
lurker10
on 06/08/2017, 06:34:40 UTC
The Debate Has Mostly Been About Decentralization
There are good people on both sides of the debate, and I think that most of them simply support the plan that they believe will keep Bitcoin decentralized.
The small-block camp says that if we make blocks too large, then only huge data centers will be able to run nodes, which are then easily coerced and controlled by governments.
The big-block camp says that if we keep blocks small, Bitcoin will become a settlement layer. Ordinary users will be priced out of making direct blockchain transactions, and will be forced to use corporate banking solutions complete with AML/KYC requirements.
Both of these situations would obviously be bad and should be avoided if possible. So how do we do that? How do find the healthy middle ground and avoid the perils of centralization on both ends?
Bitcoin Cash has just processed a block of 4.7MB without any issues.
We've been told many times by Core/Blockstream that anything above 1MB is dangerous.
Bitcoin Cash clearly shows it was a big lie.
Transactions with Bitcoin Cash cost a penny; transactions with Bitcoin/Segwit cost a dollar to send.
More people are going to use Bitcoin Cash because it's so much cheaper, followed by price, followed by hashrate
I really don't get why people don't get the simple fact that if transactions are super cheap than so is spammig 8 MB or even gigabyte blocks full therefore raising fees.
There has to be a transaction fee market and there's no way around that - which is fine.
8MB blocks might still be dangerous along with the rest of the changes BCH did but the issues might not get unveiled for a long time.
I get the spamming issue. Miners can stop including them in blocks, if the fee is too low, they do the work for the network. If you want a fee market, you pay a fee and get guarantees, spammers with zero or too low fees will be priced out by higher fee txs and rejected by miners.
Bitcoin Cash didn't make any changes but raise the blocksize and it removed dangerous Segwit changes. So it is much safer than Bitcoin/Segwit if more hashrate comes to mine it. With little hashrate is stays vulnerable to 51% attacks.
But I believe more hashrate will come to Bitcoin Cash in November when it is clear that Core/Blockstream has no intention to respect the 2MB blocksize increase of the Segwit2x agreement. Until then Bitcoin Cash will be vulnerable and must hang tight.
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BoardAnnouncements (Altcoins)
Re: [ANN] Nxt :: descendant of Bitcoin
by
lurker10
on 03/08/2017, 11:22:32 UTC
FYI, newcomers! Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange!) in the Lucky node project? Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi. Run the node 24/7 or as often as you can while you work or play. Join in with the over 100 nodes that are already in the project.
FYI, newcomers! Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange!) in the Lucky node project? Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi. Run the node 24/7 or as often as you can while you work or play. Join in with the over 100 nodes that are already in the project.
To claim your earnings, simply send an AM (can be empty or put whatever you want in there) to the pool account 1460178482 and after this AM has 1440 comfirmations, your confirmed earnings will be sent to you, minus NXT transfer fee.
So i suppose AM is sending a message But i can only sent to NXT_____ ____ ____ ___
I couldnt fill in 1460178482
Need help on this thanks, i googled it stated its NON RS Format (Numbers) but how could i send to that
Thanks
Just send an AM to NXT-K5KL-23DJ-3XLK-22222 and wait till 1440 confirmations
Alright thanks!
Anyhow AM = A message? which requires a fee of 1 NXT?
BTC > any other coin all the times. Ethereum is platform not a coin. You can read about it on Wikipedia but we will concentrate on real stuff. Bitcoin Cash is untrusted by most people. SegWit will be still true Bitcoin, only one and SegWit will help with Bitmain's ASICBoost being taken down. So Bitmain lost his battle on Bitcoin conquer.
My Bitcoin / Bitcoin Cash end-of-year prediction.
Segwit2x supporting miners will be "heavily influenced" in the next 90 days NOT to raise blocksize to 2 MB.
Some of them will not. Some of them will want to. The former will keep blocksize to 1 MB. The latter will join to mine the Bitcoin cash fork.
At the end of the year BCH fork will have about half of the BTC hashrate and half of the price.
To claim your earnings, simply send an AM (can be empty or put whatever you want in there) to the pool account 1460178482 and after this AM has 1440 comfirmations, your confirmed earnings will be sent to you, minus NXT transfer fee.
So i suppose AM is sending a message But i can only sent to NXT_____ ____ ____ ___
I couldnt fill in 1460178482
Need help on this thanks, i googled it stated its NON RS Format (Numbers) but how could i send to that
Thanks
to convert a numeric account to NXT- format, open http://localhost:7876/test go to DbUtils (Utils) -> RsConvert
I dont see the point why will I get a free IGNIS if I hold $NXT in my wallet? Is this like having a BCC coin by keeping a BTC before August 1? Or someone will send an IGNIS token to all $NXT wallets? Please explain?
The snapshot will automatically distribute IGNIS to all accounts that hold NXT on the date of snapshot. The scheme of address generation from passphrase is the same on Ardor, so you will use the same passphrase as the one you use in Nxt to open your Ardor account to find IGNIS there after the snapshot.
How do you mean I predict nothing? Prediction is a prediction. Sorry if I didn't predict moon as you expected.
The $3000 will be a hard nut to crack, with all the uncertainty that is coming, a good chunk of users, hashrate and value migrating to BCH. $3000 will be cracked eventually, but not as fast as you want it to be.
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BoardAltcoin Discussion
Re: *BTC/BCH end-of-year prediction*
by
lurker10
on 02/08/2017, 06:39:58 UTC
There will be initial dumping, but it makes no difference. The price and hashrate increase will happen when there is a new battle for 2 MB blocksize in November, that is when BTC gets a big secession of hashrate, and BCH gains more value.
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BoardAltcoin Discussion
*BTC/BCH end-of-year prediction*
by
lurker10
on 02/08/2017, 06:28:11 UTC
Segwit2x supporting miners will be "heavily influenced" in the next 90 days NOT to raise blocksize to 2 MB.
Some of them will not. Some of them will want to. The former will keep blocksize to 1 MB. The latter will join to mine the Bitcoin cash fork.
At the end of the year BCH fork will have about half of the BTC hashrate and half of the price.