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Showing 20 of 86 results by vancsj
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Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, constellations POW *CPU-ONLY* HARD FORK: UPDATE to v0.10.2
by
vancsj
on 06/11/2014, 16:38:39 UTC

Yes, the superblocks will have higher difficulty and the record holder would have the highest, however if more than one of them share the same top difficulty you'll have to decide by comparing the value of the hash of the block's header (in the bit order that is used to generate the base prime), or just compare the base prime for those.

Hi gatra, do we have to roll the timestamp as frequently as before with the new super  block stratergy?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, constellations POW *CPU-ONLY* HARD FORK: UPDATE to v0.10.2
by
vancsj
on 06/11/2014, 16:37:32 UTC
But weird thing is, that my wallet didn't sync any further and the blockexplorers too.
Let's hope it doesn't happen again Cheesy

Ypool down and most hash power gone:(
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new constellations POW **CPU-ONLY** NEW 0.9.2 CLIENT
by
vancsj
on 26/10/2014, 05:50:02 UTC
Anyone know anything about the difficulty dip to 1280 (and the rebound to 1409)?

Ypool's pool speed doubled without much of a worker increase...  Just curious.

Regards,

--
bsunau7

Ypool is down for a few hours and the diff went down, then it bounced back after ypool was back.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new constellations POW **CPU-ONLY** NEW 0.9.2 CLIENT
by
vancsj
on 22/10/2014, 05:36:17 UTC
MintPal wallet still holds at least 166k RIC

https://chainz.cryptoid.info/ric/wallet.dws?14521.htm

Withdraw while you still can if you have not already!

Withdraw quickly!
Post
Topic
Board Development & Technical Discussion
Re: The "you cant kill Bitcoin argument"
by
vancsj
on 17/10/2014, 17:23:30 UTC
Surely you can....why suppose people always kill Bitcoin for profit?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new constellations POW **CPU-ONLY** NEW 0.9.2 CLIENT
by
vancsj
on 16/10/2014, 02:26:58 UTC

I'm running gatra's v14 XPT miner, with my own server side for solo mining.


If you're intersted, see my signature.
I've been promoting my solo mining server, but it seems that no one is interested lol.
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Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new constellations POW **CPU-ONLY** NEW 0.9.2 CLIENT
by
vancsj
on 16/10/2014, 02:24:55 UTC
Please let me know what kind of miner you are using, this seems quite unrealistic for solo or pool mining in 24 hours / in fact I don't believe it.

As for 9.2 client sticking, I have to admit I have a version of it installed but am still working mostly off the older 8.7 build and only used 9.2 a few times.

I know this is against Gatra's advice but honestly I am more comfortable with the older codebase and since I am not solomining it has no impact on my performance.  I find the 8.7 client after firiing up takes a little while to connect to some nodes but if you are patient it has never failed me yet and always gets many connections and synchs up to the network after a short while.   

I'm running gatra's v14 XPT miner, with my own server side for solo mining.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new constellations POW **CPU-ONLY** NEW 0.9.2 CLIENT
by
vancsj
on 15/10/2014, 15:41:13 UTC
with an i7 3770K "solo mining", how much i can get in 24 hours?

thanks Wink

about 25coins
Post
Topic
Board Development & Technical Discussion
Re: The "you cant kill Bitcoin argument"
by
vancsj
on 15/10/2014, 09:03:57 UTC

http://gavintech.blogspot.com/2012/05/neutralizing-51-attack.html?m=1

Gavin: "The code already has a notion of (bitcoin priority) that it uses to prevent transaction spam (sending gazillions of tiny transactions to yourself, just to make everybody else do the work of validating and storing them); extending that to influence the chain-fork-selection code wouldn't be hard....something like....ignore a longer chain orphaning the current best chain if the sum(priorities of transactions included in new chain) is much less than sum(priorities of transactions in the part of the current best chain that would be orphaned)” would mean a 51% attacker would have to have both lots of hashing power AND lots of old, high-priority bitcoins to keep up a transaction-denial-of-service attack. And they’d pretty quickly run out of old, high-priority bitcoins and would be forced to either include other people’s transactions or have their chain rejected".

In Andresen’s post, he notes that such a solution would be “Not To Be Used Except In Case of Emergency”.

As btchris says, it just prevents a specific kind of attack, not all 51% attacks.

For me, 51% attack is both the basis and the weakness of Bitcoin. The hashing power is the projection of people's wealth outside of Bitcoin, it's important for the hashing power to be in proportion to the wealth they have if you want them to accept Bitcoin.
Post
Topic
Board 中文 (Chinese)
Re: 收集了一点挖矿、炒币前后的对比照片
by
vancsj
on 13/10/2014, 13:37:13 UTC
乐了,顶楼主
Post
Topic
Board Development & Technical Discussion
Re: The "you cant kill Bitcoin argument"
by
vancsj
on 13/10/2014, 07:34:13 UTC
because the cost of supporting decentralized technology is too high comparing with the alternatives

It's the most idiotic statement I never read on the internet... astonishing, could you please elaborate on what are the alternatives (I guess centralized) and what do you understand by the term "cost of supporting decentralized technology" vs "cost of supporting alternatives"? And if it's not to much what does cost mean for you ($ term I guess)?

Thx a lot.

There is lot of such statements with little knowledge about bitcoin.
Post
Topic
Board Altcoin Discussion
Re: An architecture for the Internet of Money
by
vancsj
on 12/10/2014, 09:24:53 UTC
Thanks a lot vancsj.

Complexity is the hallmark of an unfinished idea, which this one certainly is. Hope, a discussion will allow me to spot the elements that can be taken away.

Try harder, there're not much people watching the technical threads:)
Post
Topic
Board 山寨币
Re: BTT管理员删除BM对中本聪的回复 如此敌视BTS吗?
by
vancsj
on 12/10/2014, 08:09:57 UTC
呵呵
Post
Topic
Board Altcoin Discussion
Re: An architecture for the Internet of Money
by
vancsj
on 12/10/2014, 08:04:46 UTC
Thanks Bitsalame, you could be correct. It is only by being wrong that I have a hope of eventually being right.

It would be good to have a concrete analysis from you, especially since the proposal does away with a Clearing House for securities trading. There is a difference between Settlement and Clearing House.

It seems to be too complex, but good work, you are at least thinking about it.
Post
Topic
Board Development & Technical Discussion
Re: The "you cant kill Bitcoin argument"
by
vancsj
on 12/10/2014, 08:02:03 UTC
BTW I don't think Bitcoin is undefeatable, you can always destroy it by 51% attack. And that's why I think it is amazing: you can choose.
Post
Topic
Board Development & Technical Discussion
Re: The "you cant kill Bitcoin argument"
by
vancsj
on 12/10/2014, 07:59:34 UTC
People are always talking about governments kill bitcoin....come on, if bitcoin realized what it promoised, those governments who want to kill bitcoin will be voted out before they can do.
Post
Topic
Board Development & Technical Discussion
Re: The "you cant kill Bitcoin argument"
by
vancsj
on 12/10/2014, 07:57:26 UTC
Quote
Presuming that you are talking about the current financial system then that is just incorrect. Presuming that you are talking about some other cyptocurrency that nobody uses or supports, then, good luck with that line of thinking. There is no other (current) viable solution to the Byzantine generals problem, which is the primary reason that bitcoin (or any "cryptocurrency") has got anywhere. Without that, all other flavours of crypto are useless (unless build on top of bitcoin).

I am talking about decentralized vs centralized systems.
The cost for immutable transactions in any crypto-currencies is too high.
And we can not decrease it.
When the hashrate will stop growing it will be easy to collect old switched off asics, turn them on for an hour and gain 51%
Sorry. No way.

You are assuming bitcoin running with high market cap && low velocity in circlation, then it's true, bitcoin costs too much. But consider the situation after velocity rising, things will be totally different.

When the hashrate stopped growing, there will not be old swiched off asics, ascics will be running until they are broken.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new constellations POW **CPU-ONLY** NEW 0.9.2 CLIENT
by
vancsj
on 12/10/2014, 07:45:26 UTC
Diff raise a lot recently while price is dropping a little, anyone knows what's up?
Post
Topic
Board 中文 (Chinese)
Re: 长期看空的原因。
by
vancsj
on 11/10/2014, 03:58:29 UTC
动不动就说比特币几万的大话,留点德吧,搞得像传销一样。比特币值几万用什么支撑呀?洗小白吧!

支持,都没算过就瞎说的人,就是在帮着坑小白
Post
Topic
Board 中文 (Chinese)
Re: 长期看空的原因。
by
vancsj
on 10/10/2014, 09:24:01 UTC
价值与价格不完全关联

比特币的价值 = 比特币的市值 * 流通速度