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Showing 20 of 93 results by satriani
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Board Announcements (Altcoins)
Re: [ANN] [HVC] Heavycoin - CPU-only, Ultra-secure, Decentralized Voting
by
satriani
on 13/03/2014, 20:53:19 UTC
how the devs solve the problem with 51% attack?
it is very possible in sustain stage, dont you think?
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Topic
Board Announcements (Altcoins)
Re: [ANN] [HVC] Heavycoin - CPU-only, Ultra-secure, Decentralized Voting
by
satriani
on 13/03/2014, 14:46:02 UTC
how the devs solve the problem with 51% attack?
it is very possible in sustain stage
it is the same probability to 51% attack as bitcoin has?
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Topic
Board Announcements (Altcoins)
Re: [ANN] [HVC] Heavycoin - CPU-only, Ultra-secure, Decentralized Voting
by
satriani
on 13/03/2014, 11:15:58 UTC
how the devs solve the problem with 51% attack?
it is very possible in sustain stage
Post
Topic
Board Service Discussion
Re: [ANN] Automatic MtGox Investing with BitcoinBuilder.com
by
satriani
on 16/02/2014, 09:15:17 UTC
i also have a problem. Yesterday i try to withdraw some realBTC. today i saw that my withdrawal is stoped and i have 7realBTC more on my acount and -11goxBTC. what is going on ?
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Topic
Board Service Announcements
Re: [ANN] "GOX" BTC <=> "Real" BTC exchange at bitcoinbuilder.com!
by
satriani
on 16/02/2014, 07:00:33 UTC
im waiting too for realBTC. yesterday they sent me 0,08BTC, but today they didnt. Instead of that the realBTC go back to balances and also i have more realBTC, and -11goxBTC. What is going on there??? Yosh ? my email: atlon11mb@o2.pl
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Topic
Board Service Discussion
Re: [ANN] Automatic MtGox Investing with BitcoinBuilder.com
by
satriani
on 14/02/2014, 21:47:13 UTC
anybody make a deal there? it is still working ?
Post
Topic
Board Currency exchange
Re: MTGOX <-> BTC BID/ASK
by
satriani
on 14/02/2014, 15:09:16 UTC
WTS goxBTC @ 75%
you send first -> we can make very small amount for first deals.
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Topic
Board Altcoin Discussion
Re: Best CPU coin for mining/investment
by
satriani
on 04/01/2014, 13:26:31 UTC
up
anybody know which of CPU coin is worth to mine ?
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Topic
Board Announcements (Altcoins)
Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency
by
satriani
on 28/11/2013, 17:15:03 UTC
in next 3 days we will cross difficult 10. Isn't it exiting ?  Smiley
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Topic
Board Announcements (Altcoins)
Re: [ANN] official NovaCoin thread - the original PoS+scrypt coin. --POOL LIST--
by
satriani
on 24/11/2013, 20:35:39 UTC
this is a rumor or Novacoin will be a Time magazine soon ?
Post
Topic
Board Announcements (Altcoins)
Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency
by
satriani
on 24/11/2013, 13:07:55 UTC
can somebody look at this article:
http://www.wired.com/wiredscience/2013/11/prime/all/

it means that there is no large gap between large prime numbers ? and the prime numbers go to infinity? so this is very good news for primecoin? the PoW could be more safe then SHA256, right?
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Topic
Board Marketplace (Altcoins)
Re: [ANN] [CONTEST] [PRIZES] NVC logo & banner contest announce
by
satriani
on 23/11/2013, 17:37:34 UTC
this case reduces confidence to this cryptocurrency sooooo much.. i just can't understand why baltazar do that. A lot of people sent their design and waiting for this voting
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Topic
Board Altcoin Discussion
Re: [PPC] New York Times Interview
by
satriani
on 22/11/2013, 13:29:46 UTC
did you say something about PrimeCoin in this article ?
Post
Topic
Board Altcoin Discussion
Re: Primecoin is STILL our best investment advice, recent actions verifies the shift
by
satriani
on 22/11/2013, 12:32:44 UTC
i have prime coin, and think it is innovative, and was the only coin I have mined.

Diversification is the biggest draw, and that Sunny King was the DEV


a lot of people talk about diversify now between technology. So:
-> first new innovation: Namecoin
-> first scrypt coin: litecoin
-> first POS coin: PPC
-> first scrypt+pos: novacoin
-> first new POW (the most importatnt if something go wrong with SHA256): Primecoin


so this coin should go up the most i think. primecoin lost the most of all these becouse of bad short-term news. So i think that it could skyrocketing in next days/weeks
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Topic
Board Altcoin Discussion
Re: Primecoin is STILL our best investment advice, recent actions verifies the shift
by
satriani
on 22/11/2013, 09:07:26 UTC
I've been away from primecoin for some time. Is it still mined with CPUs?
yes. some guy claims that he has a fast GPU miner but he will public the source code on 1Q 2014. you can read about it here:
http://www.peercointalk.org/index.php?PHPSESSID=0iljtnjmujc4a98tvuonkqaat7&topic=813.msg7989#msg7989
Post
Topic
Board Announcements (Altcoins)
Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency
by
satriani
on 22/11/2013, 08:51:18 UTC
today i mined my first block of primecoin (solo mining)
awsome feeling - I've mined it for last 3weeks
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] official NovaCoin thread - the original PoS+scrypt coin. --POOL LIST--
by
satriani
on 21/11/2013, 21:40:12 UTC
Anyone know the answer to this :  does encrypting your wallet (putting a passphrase on it) end all your PoS minting irretrievably?

Like say hypothetically some guy was trying to mint pos blocks, and he waited 20 days with nvc in his wallet, then he put a password on the wallet, is all the minting contributions / pos work lost?  I -- errhhh--- I mean some guy were to remove the password immediately after putting it on his wallet, would it just resume where it left of regarding PoS minting, or would all the work be lost ?

THanks.
when you open wallet without password after 30 days you will mine POS block - dont worry. Now you should focus how to unlock your wallet.
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Topic
Board Altcoin Discussion
Re: Primecoin is STILL our best investment advice, recent actions verifies the shift
by
satriani
on 21/11/2013, 20:34:09 UTC
PrimeCoin (XPM) = 12xfaster then Bitcoin, usefull in science, good press, unique!, probably more secure then SHA256, smooth reward dropping, CPU mining (everyone could do it).

people should read more about this coin. I make a lot of research and can't find better project. Maybe NVC (with CAP of 10 NVC per POS) could  rival.

Now the problem with price is becouse people were waiting for difficult 10. after ypool down - many people was disappointed (me too). But this is short term factor - by the end of the year we should reach difficult 10 and the reward will drop 10-15%. Another bad factor was maco and his scam-promote project. He told that he will find good people and promote primecoin, but he did nothing. Another short-term bad factor is talking about GPU miner and big dissapointed in this area.

This is only short-term factors and i belive that we will see XPM/BTC at 0,1 in the future. Maybe one, maybe 2-3 years. We will see. People who invest in cryptocoin couldn't miss XPM becouse if SHA256 will be broke then XPM will survive - everyone need to be diversify.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] official NovaCoin thread - the original PoS+scrypt coin. --POOL LIST--
by
satriani
on 21/11/2013, 20:23:18 UTC
last block i had 8,7% per month - like 10 days ago. So keep NVC is very profitable Smiley i also fun

but im not sure if we got good devs. they promised to relase logo and banner 3moths ago. A lot of people sent them their desing hope for reward, but they still didnt publicated it.
Post
Topic
Board Announcements (Altcoins)
Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency
by
satriani
on 21/11/2013, 11:48:18 UTC
2 very important questions and anserw by Sunny:

questions:
1. from wikipedia http://en.wikipedia.org/wiki/Primecoin "To meet this requirement, the size of the prime numbers in the system cannot be too large". What could happen when we cross 10 or 100 mln block and the prime numbers start to be large?
2. "If the coin is successful and prime number theorists can use the results to find an equation to predict prime #s, it would essentially break the coin's PoW." -> is it possible?

answers:
1) Prime size would stay same. The prime chains aren't going to be exhausted. There are countless prime numbers, basically as abundant as numbers themselves. Remember there is a prime every couple of hundred numbers at the scale primecoin miners work. So for a 256 bit number there are more than 2^248 primes, so that's not far from 2^256 which is the total numbers at 256 bit.
2) Prime number theory is an extreme hard discipline, with hundreds of years of history. So it's not very likely to happen overnight. I'd say even if you throw trillions dollars at such research it's not going to produce that type of results on demand. Also, even if you find a super efficient mining algorithm doesn't mean you 'break' the proof-of-work system, it just means you have an advantage over the public before you publish the findings. The difficulty can scale enormously in primecoin's design.
--------

its quite optimistic. those 2 questions were my major doubts about prime. now i think that this model of PoW could be more safe then SHA256, which could have some problem when quantum computer appear on the market.