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Showing 20 of 26 results by samurajj
Re: I just logged onto the cryptsy site and it's not showing all coins?
I had serveral sell orders in one of less-known altcoin... and they are not showing in the balances now. Not sure if it is a temporary glitch or the orders were simply just deleted with the balances all together...
My few ideas about concept of better coin:
1) It would be nice to have a real decentralization - not just about 5 big pools (many reasons for that). How about making it somehow double-layer like this:
Miners will be hashing individual transactions. So every transaction would have a hash (that meets the difficulty) and address for reward.
There will be normal blockchain with reward for finder, but it will contain all those hashed transactions with its rewards.
=> The mining reward system (count of rewards) scales with number of transactions. So millions of users are able to solomine... not just the elite and pools.
2) Since part of rewards would come directly from transactions, this rewards can be used to form any kind of economy system.
2a) For example some kind of small constant inflation (that minimises fees) can be added if desired. Each transaction reward can be based on the age of its coin (I mean last used). So 1 year old coin creates 0.01 reward, 2 years old coin creates 0.02 reward etc.
=> Total money supply curve would be exponential, but in perfect control and quite predictable...
=> Miners would likely prefer older and higher transactions...
2b) Or it can be done the opposite way - some kind of millionaire tax - higher transaction with higher fees...
2c) Probably multiple reward equations will be later tested in new forks that will appear the same way as other alternate currencies appears now...
Problems:
3) Size: Yes, I realize, that it would bloat blockchain even more, but solution for bloating the chain will have to be found no matter if block size is 1MB or 3MB...
4) Transactions' solutions: This concept will require a mechanism to distribute individual transactions' solutions and accepting it by all others (more miners will often find the solution for the same transaction like in block solving now).
How about a second really small, simple, speed-optimized blockchain of individual transactions?
=> Lightweight miners would no longer require to download the full chain, just receive transaction and last block of this transaction chain.
Fullweight miners can participate in both transaction mining and mainchain mining... as they see it profitable...
5) No premining - if we want it to succeed, start date will have to be known months in advance. And it has to start with proper difficulty, so there is absolutely no contra-arguments later...
6) Blockchain bloating has to be solved... I got an idea, why not do it distributed like torrents? Each user could hold only some random blocks from chain... and some number of last ones based on desired security.
7) This multy-layer idea can be formed to any technology, even enable to mix them... For example let the masses mine the transactions with GPUs (some asic proof algorithm) and let the pros to mine main-blocks with asics (sha256)...
[edit0] Typos, english++..
1) It would be nice to have a real decentralization - not just about 5 big pools (many reasons for that). How about making it somehow double-layer like this:
Miners will be hashing individual transactions. So every transaction would have a hash (that meets the difficulty) and address for reward.
There will be normal blockchain with reward for finder, but it will contain all those hashed transactions with its rewards.
=> The mining reward system (count of rewards) scales with number of transactions. So millions of users are able to solomine... not just the elite and pools.
2) Since part of rewards would come directly from transactions, this rewards can be used to form any kind of economy system.
2a) For example some kind of small constant inflation (that minimises fees) can be added if desired. Each transaction reward can be based on the age of its coin (I mean last used). So 1 year old coin creates 0.01 reward, 2 years old coin creates 0.02 reward etc.
=> Total money supply curve would be exponential, but in perfect control and quite predictable...
=> Miners would likely prefer older and higher transactions...
2b) Or it can be done the opposite way - some kind of millionaire tax - higher transaction with higher fees...
2c) Probably multiple reward equations will be later tested in new forks that will appear the same way as other alternate currencies appears now...
Problems:
3) Size: Yes, I realize, that it would bloat blockchain even more, but solution for bloating the chain will have to be found no matter if block size is 1MB or 3MB...
4) Transactions' solutions: This concept will require a mechanism to distribute individual transactions' solutions and accepting it by all others (more miners will often find the solution for the same transaction like in block solving now).
How about a second really small, simple, speed-optimized blockchain of individual transactions?
=> Lightweight miners would no longer require to download the full chain, just receive transaction and last block of this transaction chain.
Fullweight miners can participate in both transaction mining and mainchain mining... as they see it profitable...
5) No premining - if we want it to succeed, start date will have to be known months in advance. And it has to start with proper difficulty, so there is absolutely no contra-arguments later...
6) Blockchain bloating has to be solved... I got an idea, why not do it distributed like torrents? Each user could hold only some random blocks from chain... and some number of last ones based on desired security.
7) This multy-layer idea can be formed to any technology, even enable to mix them... For example let the masses mine the transactions with GPUs (some asic proof algorithm) and let the pros to mine main-blocks with asics (sha256)...
[edit0] Typos, english++..
Re: [NEW CURRENCY] Maria 2.0 was banned, here is her proof. The birth of Bytecoin!
Well, strictly speaking nothing makes it interesting, as it is a straightforward clone of bitcoin with zero improvements or additions.
One interesting point could be testing bitcoin stability when too many hashpower appears to mine at low difficulty. (Could happen when asics really arrives.)
Re: [NEW CURRENCY] Maria 2.0 was banned, here is her proof. The birth of Bytecoin!
As I understand, this shortcut should start as SERVER, but it opens standard client wallet app... So what am I missing?
You can add a -server flag to the shortcut to force it into server mode at runtime.
That didn't help... If I omit pass/login, it complains about it... but when all is correctly set, just basic wallet opens.
Re: [NEW CURRENCY] Maria 2.0 was banned, here is her proof. The birth of Bytecoin!
Download and run Bytecoin at least once at let it sync then close Bytecoin-qt.
Open Notepad++ and create a new file called Bytecoin.conf in your %appdir%/Bytecoin directory.
add
rpcuser=username
rpcpassword=password
rpcport=9778 (or 4 random numbers that don't conflict with other coin networks you might be using)
server=1
Save
Right click bytecoin-qt and click 'create shortcut' right click the short cut and click properties
add " -rpcuser=username -rpcpassword=password" to the end of target
You should have something like.
"*:\Directory\bytecoin-qt.exe" -rpcuser=username -rpcpassword=password
Run this new shortcut
As I understand, this shortcut should start as SERVER, but it opens standard client wallet app... So what am I missing?
There is one thing I do not understand:
Why isn't this vanity miner testing all available works at once? I thought the slowest part in this process is crypting/hashing, so testing result against hundreds/thousands/milions of adresses should not be that big deal (if some smart datastructure like trie would be used...).
Am I wrong?
Why isn't this vanity miner testing all available works at once? I thought the slowest part in this process is crypting/hashing, so testing result against hundreds/thousands/milions of adresses should not be that big deal (if some smart datastructure like trie would be used...).
Am I wrong?
Re: Peerbet.org - Play without house edge! [BONUS FOR TRANSLATORS]
I finished czech translation and uploaded it here: http://www.megafileupload.com/en/file/405155/locale-zip.html
I expect 0.1 BTC at 1JohN3jM5gFjGdAxkxnSai758fnYFhFvFB
Thanks.
I expect 0.1 BTC at 1JohN3jM5gFjGdAxkxnSai758fnYFhFvFB
Thanks.
Re: Peerbet.org - Play without house edge! [BONUS FOR TRANSLATORS]
Hi,
I am working on czech translation.
I have a question - I'm not sure how exactly to translate the game name... there are many equivalent names in czech language (like in english bet/game/raffle/ticket/lottery). Can you define the game in one sentence or choose the best fitting word in english?
I am working on czech translation.
I have a question - I'm not sure how exactly to translate the game name... there are many equivalent names in czech language (like in english bet/game/raffle/ticket/lottery). Can you define the game in one sentence or choose the best fitting word in english?
Well this seems as good a place as any to drop my first post. Hello all 
I met the minimum requirements but am still unable to post in the main forum
Wait up to 10 minutes than...