Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 36. (Read 946599 times)
July 05, 2014, 11:57:42 AM
bumface: when it comes down to money, people can become real dipsh!ts. They don't restrain from nothing, even accusing people of stealing, just to get their benefit (whichever that might be). Just like in the "big" financial world, just with the difference that we have a lot of kiddies running around here who aren't equipped with the resources which the "big boys" have, so they are left with swearing and trolling...
July 05, 2014, 11:48:29 AM
POS/POW together is a good idea, bot going 100% POS will be the end of UTC!!!
Obviously I have been mining longer then they have been developing!
Going full POS offers nothing new, it offers death.
Nvidia is taking over the X11/X13 market, all ATI owners will soon have to orientate themselves to Scrypt-N.
The dev team is not making enough money, and that is why they want to go POS.
They obviously have lots of UTC and no hashing power, that is why they want to go full POS.
They have been stealing shares from their new dev. pool since day one, now this.... OMFG
Obviously I have been mining longer then they have been developing!
Going full POS offers nothing new, it offers death.
Nvidia is taking over the X11/X13 market, all ATI owners will soon have to orientate themselves to Scrypt-N.
The dev team is not making enough money, and that is why they want to go POS.
They obviously have lots of UTC and no hashing power, that is why they want to go full POS.
They have been stealing shares from their new dev. pool since day one, now this.... OMFG
dont make false acusations.
every time we want to make something positive out of UTC, an army of trolls tries to kill the uplifting momentum.
July 05, 2014, 11:43:10 AM
POS/POW together is a good idea, bot going 100% POS will be the end of UTC!!!
Obviously I have been mining longer then they have been developing!
Going full POS offers nothing new, it offers death.
Nvidia is taking over the X11/X13 market, all ATI owners will soon have to orientate themselves to Scrypt-N.
The dev team is not making enough money, and that is why they want to go POS.
They obviously have lots of UTC and no hashing power, that is why they want to go full POS.
They have been stealing shares from their new dev. pool since day one, now this.... OMFG
Obviously I have been mining longer then they have been developing!
Going full POS offers nothing new, it offers death.
Nvidia is taking over the X11/X13 market, all ATI owners will soon have to orientate themselves to Scrypt-N.
The dev team is not making enough money, and that is why they want to go POS.
They obviously have lots of UTC and no hashing power, that is why they want to go full POS.
They have been stealing shares from their new dev. pool since day one, now this.... OMFG
July 05, 2014, 11:38:36 AM
Are the devs really thinking of going POS
POS/POW together is a good idea, bot going 100% POS will be the end of UTC!!!
When you read the last posts, you'll notice that we've gone one step further, already. We're beyond the point of just stating "this will be the end!!!!!11", we're already discussing our concerns why or why not this might be the case.POS/POW together is a good idea, bot going 100% POS will be the end of UTC!!!
GO GO TEAM UTC....
don't listen to those "Darth Vader's" .....
They don't understand what they are doing with there constant negativity and fearmongering ....
ULTRACOIN IS GOING FULL POS
Dear UTC Community Members,
As management team we are pleased to announce the new direction of Ultracoin.
The last two weeks we were busy investigating this new direction and discussing it with our coin dev’s.
ULTRACOIN WILL BE CHANGING INTO FULL POS !
This means that from the full PoS update Ultracoin cannot be mined directly anymore.
Generation of new coins and the maintenance of the network are from that moment done through minting instead of mining.
This can be done perfectly through the Ultracoin Multipool.
Off course we don’t take this big decision lightly.
We realize we are giving up one of the prime features of Ultracoin, the asic resistance,
However, in this constantly and quick changing crypto world we don’t think the asic resistance alone will get Ultracoin to a price point where we need it to
be or where we all want it to go.
So after a lot of deliberation, careful thoughts and discourse we have decided to give this feature up to go full PoS.
Our motivation is as follow :
The reason why we are now here in the leads is to change things into the positive for Ultracoin.
In a landscape with new coins emerging every day, our coin needs to be made exclusive if we want it to survive.
It`s that simple....
Currently in today’s society people are not so focused on the meaning of a coin, but mostly to the desire or the limitation of a coin.
Unfortunately our coin has the "curse" of actually being well developed and people don't care much about that.
Scrypt-Chacha is a great algorithm, but it’s not very easy to configure because miners have to change settings constantly, and it runs hot.
This has chased away some people, and that is undesirable.
It's just too much effort for a miner when they can simply go and mine X11 instead and have a lower power bill and increase the life of their GPU.
Next to that, a coin that is 100% asic resistant and high in energy consumption will never be mined to its peak.
Even if PoS rewards are being implemented, it will still not drive the popularity up to a level we aspire to.
Not now at 5,2% PoS but also not at 10% or even at 15% or 20% PoS.
Without trying to sound too negative about our coin, but with allot of opinion asking last weeks, this is how the crypto community feels about our UTC coin.
We feel that for UTC to be a success, we need to tease people more and more with it.
And what could be better than a super-fast Ultracoin which has limited availability !
Not only traders and investors would love this super-fast future but also the web shop owners.
Currently we have some bag holders that have a large amount of UTC and it's not moving around in the market at all.
This is one of our biggest concerns since we want UTC to be a real currency with a healthy market.
Once the coin is pure and full PoS, we believe it will go into a mad craze.
The current daily supply will reduce by factor 19.
We think people won't even care about the bag holders anymore because they just need to get their coins and they will pay top dollar for them.
This will lead to more exclusivity and an up going demand and price.
Have a look at some other coins that have done this before, they had a significant increase in value overnight.
So bottom line: Off course the future has to proof it but we believe that in the long run full PoS will be the right decision for our coin if the lead up to its implementation is correct.
Although we have not responded to the last pages of the forum, we did read everybody's opinion carefully and we have observed that the response was very positive.
Our management team is now busy with our coin dev’s to finalize the investigation and the test to make Ultracoin a full PoS coin.
Since nobody has ever done this with a scrypt chacha coin before this needs some time and fine tuning.
If everything goes as planned then the full PoS of Ultracoin will roughly start within one month or so much sooner as possible.
Please stay tuned for more updates !
Regards,
Ultracoin Management Team
PS-1: we want to ask all of you to help and to spread this great news to as much as chat boxes and troll boxes around. Let everybody knows about Ultracoin is going pure and full pos !
PS-2: We are also busy with the Minecraft plugin, an android wallet and the CoinPayments regulation in web shops so we are trying to take big steps for Ultracoin.
July 05, 2014, 11:33:25 AM
guys, if your just gonna post, this is the death of utc!!! or stuff like that and nothing else, im just gonna delete it.
no fearmongering here please.
no fearmongering here please.
July 05, 2014, 11:32:30 AM
Are the devs really thinking of going POS
POS/POW together is a good idea, bot going 100% POS will be the end of UTC!!!
When you read the last posts, you'll notice that we've gone one step further, already. We're beyond the point of just stating "this will be the end!!!!!11", we're already discussing our concerns why or why not this might be the case. POS/POW together is a good idea, bot going 100% POS will be the end of UTC!!!
July 05, 2014, 11:12:10 AM
hmmmmm flobdeth thanks for that answer but they are not answers on all of my specific questions.
Can I still receive those answers with good arguments and proof please....?
About this last anwers from you... i have to read it carefully again and again because I don't see really any logic in it now.
Please give me some time to understand it ... Maybe I am not as smart as you are
And indeed, you are not running away so I can see your answer with good arguments and proof very soon. Thank you !
Can I still receive those answers with good arguments and proof please....?
About this last anwers from you... i have to read it carefully again and again because I don't see really any logic in it now.
Please give me some time to understand it ... Maybe I am not as smart as you are
And indeed, you are not running away so I can see your answer with good arguments and proof very soon. Thank you !
July 05, 2014, 11:00:39 AM
If you are against the idea of full POS, that is fine and that is your right.Make sure to build your case with logic and arguments,and dont make false acusations on a personal level.
You need to stop thinking about price. Don't you dare tell me you don't care, it's in everything you write almost.
Forget about price, all of you in UTC.
How may times has it been forked now? 3-4? Price has never moved, well, it's gone down, what does that tell you?
What about the other POS coins, there are few exceptions to the "price going down" what does that tell you?
There are only two ways to make UTC "profitable" (if $'s all you care about)
a) Change the Algo AGAIN, give it more to do than "money"
b) Instead of worrying about how changing it will affect price, maybe you should start worrying more about the support services, the infastructure?
I saw you guys were doing some email campaigns recently, good for you guys, that's what will give your "coin" value, REAL WORLD ADOPTION!
The only reason Bitcoin may survive is the services and business that's sprung up around it. That is what the team AND the community need to work on. Once that happens, the price will take care of itself!
Don't you guys get it? Price is irrelevant at this point, it's about getting acceptance, the ability to actually spend what you hold, what's the point in holding "money" forever? It needs to be spent to create circulation, not stacked away as a POS (I still call it piece of s***) regardless
Isn't the point of UTC as a "CURRENCY"? Why turn full POS and stop people putting coins into circulation, it's like cutting off your nose to spite your face is it not? Is this reasoned enough for now or would you like me to continue, I could go on all day typing nothing. Yes, it does look that POS benefits no one except the large holders, explain to me how it doesn't? explain to me how it helps the circulation and spending of UTC to become an actual usable currency by going POS?
@Richardminer don't ever accuse me of running away, you can believe whatever the heck you want. POS still only benefits the large holders of UTC if it is un-minable, but clearly logic isn't part of what you work with. If I was "running away" you wouldn't have been writing that post!
July 05, 2014, 10:43:10 AM
POS does nothing but benefit large holders of a coin
This is simply not true.....Paul`r and fabietech have been mining utc since day 1
case closed
TOO SIMPLE to call this case closed flobdeth.....
You are very smart like a “spin-doctor”.
It is very convenient to bring this as sort of facts from the sideline.
Spreading your fud (I mean disbelief and frustration) and trying people to influence with it and then runaway.
What I read between the lines is that you don’t have any logic or good arguments and you make indeed false accusations on a personal level as Bumface stated before.
I see here (in my personal opinion) that you only show your own disbelief and frustration and that you are busy with attacking and hurting and trie to create doubts and negativity just like some famous trollers did before.
If you have any logic answers on your arguments please answer this with proof, that's very welcome at this tread. If you can't then keep silent and stay away in the future;
Why you think UTC has been used and abused by the "owner(s)"? And are you talking here about the old "owners" or also the new "owners" ?
Why do you think they jump like ferrets after ideas?
What do you mean "More haste, less speed" . What do they have to learn from that?
Why do you guess full pos suits the “new” owners?
Why you see no change in leadership, what are you missing or what you want them to do different?
Why it takes the small miners/investors out of the loop if there is a beautiful multipool?
Do you have proof of what you say: All they want right now is for mass buys so they can dump?
Please no fud answers we had in the past over and over again but just serious answers with facts or proof ok….
July 05, 2014, 10:16:57 AM
POS does nothing but benefit large holders of a coin
This is simply not true.....Paul`r and fabietech have been mining utc since day 1
case closed
they did not dump.They are day 1 supporters of the coin.
If you want to twist this into something dark,thats really inapropriate.
They have done more for UTC then anybody.spending massive BTC on mintpal and cryptsy votings and other things.Don`t try to portray them as bad guys.
If you are against the idea of full POS, that is fine and that is your right.Make sure to build your case with logic and arguments,and dont make false acusations on a personal level.
July 05, 2014, 10:10:36 AM
POS does nothing but benefit large holders of a coin
This is simply not true.....Paul`r and fabietech have been mining utc since day 1
case closed
July 05, 2014, 10:04:52 AM
Well i remember flobdeth being quite positive in the beginning.. Obviously, he got frustrated by the bad management of this coin down the road.. And you cant blame him, given the history of UTC.. I dont agree with the way he expresses himself, but you can not disregard the frustration many have felt or are feeling...
I was very positive, very until recently. Yes, I should have worded it more "eloquently" but, I treat people/things with the respect they deserve and the way I see UTC (which I once thought has great potential) has been used and abused by the owners, they jump like ferrets after ideas to change this part of the algo or whatever because they think the price will magically shoot up overnight. It's stupid, impatient and childish to assume just by the fact they have produced a blockchain it magically and mysteriously manifests £/$/insert worthless paper currency here. There's a saying "More haste, less speed" learn from it.
POS does nothing but benefit large holders of a coin, which I guess suits the "new" owners just down to the ground, though I see no change in any leadership, merely his "mate" saying he's now in charge (convenient) it takes the small miners/investors out of the equation, well it takes miners out of the loop all together. You can't mine it, only way to make anything off it is to have mined it from the start and held. All they want right now is for mass buys so they can dump all over you's. Not the first time, won't be the last
This is simply not true.....Paul`r and fabietech have been mining utc since day 1, if they wanted to dump on people ,they would have done it when UTC was 1 dollar....I personally have never dumped, i only bought more.
People can still "mine UTC", that means indirectly in the multipool.This way you are mining, you get UTC,and the price also goes up...If the price goes up, that is good for everybody.Because of a string of unfortunate incidents UTC went down so there is nothing evil about going up.
As a general remark i would like to add , that this decision to go full pos must not be confused with a strategy to create demand,because those are 2 seperate things.....There are other strategys in place to create demand
The fact that the asic resistant nature will be given up has also been discussed extensively.We felt that people wont simply run to UTC when scrypt asics are shipped without a massive marketing campain.....
the transaction speed is also being investigated, so i want to asure everybody that we are not taking this decision lightly and that we are concidering all possible scenarios.If going full POS means the transactions will become slow, we must change the plan slightly.
Our primairy concern is with the safety of the code and with peoples holdings.
UTC was never a silly clone or a hype,and that wont change with new managers.These principles are the foundation of Ultracoin.
July 05, 2014, 10:04:16 AM
......
Well we agree to disagree...
There are more scenarios possible.
Indeed every scenario has pros and cons.
And not everybody can be made happy the same.
It is good to show your feelings and start discussions about the scenarios.
And happy to see you can do that also without using swear words.
July 05, 2014, 09:49:43 AM
Well i remember flobdeth being quite positive in the beginning.. Obviously, he got frustrated by the bad management of this coin down the road.. And you cant blame him, given the history of UTC.. I dont agree with the way he expresses himself, but you can not disregard the frustration many have felt or are feeling...
I was very positive, very until recently. Yes, I should have worded it more "eloquently" but, I treat people/things with the respect they deserve and the way I see UTC (which I once thought has great potential) has been used and abused by the owners, they jump like ferrets after ideas to change this part of the algo or whatever because they think the price will magically shoot up overnight. It's stupid, impatient and childish to assume just by the fact they have produced a blockchain it magically and mysteriously manifests £/$/insert worthless paper currency here. There's a saying "More haste, less speed" learn from it.
POS does nothing but benefit large holders of a coin, which I guess suits the "new" owners just down to the ground, though I see no change in any leadership, merely his "mate" saying he's now in charge (convenient) it takes the small miners/investors out of the equation, well it takes miners out of the loop all together. You can't mine it, only way to make anything off it is to have mined it from the start and held. All they want right now is for mass buys so they can dump all over you's. Not the first time, won't be the last
July 05, 2014, 09:25:54 AM
flobdeth: that's just more buzzwords. Still not satisfied.
History of all other POS coins that have all been pumped and dumped into oblivion.
The most successful alternative coins to litecoin are those that champion different algorithms.
Making ULT POS basically makes it abandon the algorithm market. It's strong point was the scrypt-jane algo.
Maybe, I'm not sure about how things will sort out (to be honest: I do not have any experience with the price-related development of other coins which went into full PoS). What I'd like to know is: what concretely makes PoS worse? I read here that transactions might take longer as an argument, but the counter-argument was that the transaction times were well considered in this decision. So, who's right now?
Also: how many coins are in circulation right now? If I remember correctly, 100kk coins were initially to be released over the period of 1 year (is that correct?), plus the PoS, of course. Now that the supply is being cut way earlier, is there any way to find out what the current total supply is?
And the argument that noone is willing to let his coins sleep in his wallet to support PoS/network: at least I setup a dedicated box which runs my wallet 24/7. I'm not sure about others but I don't think that lots of people would relinquish the interest, as well as I totally cannot imagine that there's so many people letting their coins sit on exchanges over a longer period of time.
And even if that is the case, I could imagine that the exchanges' wallets do have coin control features enabled, so maybe they also support the network (not sure about the amount of movement in exchange wallets in general, so it's just a guess).
If anyone wants to prove me wrong, please do so. At the moment, I'm here to understand the benefits and/or risks of going full PoS, so any arguments (besides "clusterfuck") are highly appreciated.
.edit: grammar
POS is the end of UTC.
The last pump and dump before its end.
I really liked this coin and I thought it had a future right there next to DRK, VTC and BC.
But I guess the developers have other plans.
Can you maybe deliver some arguments to substantiate your theory instead of just throwing buzzwords, please?The last pump and dump before its end.
I really liked this coin and I thought it had a future right there next to DRK, VTC and BC.
But I guess the developers have other plans.
History of all other POS coins that have all been pumped and dumped into oblivion.
The most successful alternative coins to litecoin are those that champion different algorithms.
Making ULT POS basically makes it abandon the algorithm market. It's strong point was the scrypt-jane algo.
Also: how many coins are in circulation right now? If I remember correctly, 100kk coins were initially to be released over the period of 1 year (is that correct?), plus the PoS, of course. Now that the supply is being cut way earlier, is there any way to find out what the current total supply is?
And the argument that noone is willing to let his coins sleep in his wallet to support PoS/network: at least I setup a dedicated box which runs my wallet 24/7. I'm not sure about others but I don't think that lots of people would relinquish the interest, as well as I totally cannot imagine that there's so many people letting their coins sit on exchanges over a longer period of time.
And even if that is the case, I could imagine that the exchanges' wallets do have coin control features enabled, so maybe they also support the network (not sure about the amount of movement in exchange wallets in general, so it's just a guess).
If anyone wants to prove me wrong, please do so. At the moment, I'm here to understand the benefits and/or risks of going full PoS, so any arguments (besides "clusterfuck") are highly appreciated.
.edit: grammar
+1..
is flobdeths post deleted? If thats the case, when are you guys going to stop the censorship? Even though i didnt like the negativity, things arent going to get more positive by censoring...
I don't agree with you.
If somebody can not have any serious conversation or normal discourse and he can only be negative and talks about f**k this and f**k that and f**ked in the ass then delete that person post.
That is not censorship if the devs delete... it is just keeping this forum normal and respectful.
Well i remember flobdeth being quite positive in the beginning.. Obviously, he got frustrated by the bad management of this coin down the road.. And you cant blame him, given the history of UTC.. I dont agree with the way he expresses himself, but you can not disregard the frustration many have felt or are feeling...
July 05, 2014, 09:24:33 AM
People using bad language disqualify themselves and I think others should have the chance to see them doing so. Also, even such posts can be discussed. My next question would have been whether he is able to express himself in an appropriate manner and if he might give some arguments for what he probably intended to say.
People here should have the chance to discuss stuff and they should also have the chance to disqualify themselves, imho.
People here should have the chance to discuss stuff and they should also have the chance to disqualify themselves, imho.
July 05, 2014, 09:19:51 AM
flobdeth: that's just more buzzwords. Still not satisfied.
History of all other POS coins that have all been pumped and dumped into oblivion.
The most successful alternative coins to litecoin are those that champion different algorithms.
Making ULT POS basically makes it abandon the algorithm market. It's strong point was the scrypt-jane algo.
Maybe, I'm not sure about how things will sort out (to be honest: I do not have any experience with the price-related development of other coins which went into full PoS). What I'd like to know is: what concretely makes PoS worse? I read here that transactions might take longer as an argument, but the counter-argument was that the transaction times were well considered in this decision. So, who's right now?
Also: how many coins are in circulation right now? If I remember correctly, 100kk coins were initially to be released over the period of 1 year (is that correct?), plus the PoS, of course. Now that the supply is being cut way earlier, is there any way to find out what the current total supply is?
And the argument that noone is willing to let his coins sleep in his wallet to support PoS/network: at least I setup a dedicated box which runs my wallet 24/7. I'm not sure about others but I don't think that lots of people would relinquish the interest, as well as I totally cannot imagine that there's so many people letting their coins sit on exchanges over a longer period of time.
And even if that is the case, I could imagine that the exchanges' wallets do have coin control features enabled, so maybe they also support the network (not sure about the amount of movement in exchange wallets in general, so it's just a guess).
If anyone wants to prove me wrong, please do so. At the moment, I'm here to understand the benefits and/or risks of going full PoS, so any arguments (besides "clusterfuck") are highly appreciated.
.edit: grammar
POS is the end of UTC.
The last pump and dump before its end.
I really liked this coin and I thought it had a future right there next to DRK, VTC and BC.
But I guess the developers have other plans.
Can you maybe deliver some arguments to substantiate your theory instead of just throwing buzzwords, please?The last pump and dump before its end.
I really liked this coin and I thought it had a future right there next to DRK, VTC and BC.
But I guess the developers have other plans.
History of all other POS coins that have all been pumped and dumped into oblivion.
The most successful alternative coins to litecoin are those that champion different algorithms.
Making ULT POS basically makes it abandon the algorithm market. It's strong point was the scrypt-jane algo.
Also: how many coins are in circulation right now? If I remember correctly, 100kk coins were initially to be released over the period of 1 year (is that correct?), plus the PoS, of course. Now that the supply is being cut way earlier, is there any way to find out what the current total supply is?
And the argument that noone is willing to let his coins sleep in his wallet to support PoS/network: at least I setup a dedicated box which runs my wallet 24/7. I'm not sure about others but I don't think that lots of people would relinquish the interest, as well as I totally cannot imagine that there's so many people letting their coins sit on exchanges over a longer period of time.
And even if that is the case, I could imagine that the exchanges' wallets do have coin control features enabled, so maybe they also support the network (not sure about the amount of movement in exchange wallets in general, so it's just a guess).
If anyone wants to prove me wrong, please do so. At the moment, I'm here to understand the benefits and/or risks of going full PoS, so any arguments (besides "clusterfuck") are highly appreciated.
.edit: grammar
+1..
is flobdeths post deleted? If thats the case, when are you guys going to stop the censorship? Even though i didnt like the negativity, things arent going to get more positive by censoring...
I don't agree with you.
If somebody can not have any serious conversation or normal discourse and he can only be negative and talks about f**k this and f**k that and f**ked in the ass then delete that person post.
That is not censorship if the devs delete... it is just keeping this forum normal and respectful.
July 05, 2014, 09:18:47 AM
Yes, please stop deleting posts.
July 05, 2014, 09:10:24 AM
flobdeth: that's just more buzzwords. Still not satisfied.
History of all other POS coins that have all been pumped and dumped into oblivion.
The most successful alternative coins to litecoin are those that champion different algorithms.
Making ULT POS basically makes it abandon the algorithm market. It's strong point was the scrypt-jane algo.
Maybe, I'm not sure about how things will sort out (to be honest: I do not have any experience with the price-related development of other coins which went into full PoS). What I'd like to know is: what concretely makes PoS worse? I read here that transactions might take longer as an argument, but the counter-argument was that the transaction times were well considered in this decision. So, who's right now?
Also: how many coins are in circulation right now? If I remember correctly, 100kk coins were initially to be released over the period of 1 year (is that correct?), plus the PoS, of course. Now that the supply is being cut way earlier, is there any way to find out what the current total supply is?
And the argument that noone is willing to let his coins sleep in his wallet to support PoS/network: at least I setup a dedicated box which runs my wallet 24/7. I'm not sure about others but I don't think that lots of people would relinquish the interest, as well as I totally cannot imagine that there's so many people letting their coins sit on exchanges over a longer period of time.
And even if that is the case, I could imagine that the exchanges' wallets do have coin control features enabled, so maybe they also support the network (not sure about the amount of movement in exchange wallets in general, so it's just a guess).
If anyone wants to prove me wrong, please do so. At the moment, I'm here to understand the benefits and/or risks of going full PoS, so any arguments (besides "clusterfuck") are highly appreciated.
.edit: grammar
POS is the end of UTC.
The last pump and dump before its end.
I really liked this coin and I thought it had a future right there next to DRK, VTC and BC.
But I guess the developers have other plans.
Can you maybe deliver some arguments to substantiate your theory instead of just throwing buzzwords, please?The last pump and dump before its end.
I really liked this coin and I thought it had a future right there next to DRK, VTC and BC.
But I guess the developers have other plans.
History of all other POS coins that have all been pumped and dumped into oblivion.
The most successful alternative coins to litecoin are those that champion different algorithms.
Making ULT POS basically makes it abandon the algorithm market. It's strong point was the scrypt-jane algo.
Also: how many coins are in circulation right now? If I remember correctly, 100kk coins were initially to be released over the period of 1 year (is that correct?), plus the PoS, of course. Now that the supply is being cut way earlier, is there any way to find out what the current total supply is?
And the argument that noone is willing to let his coins sleep in his wallet to support PoS/network: at least I setup a dedicated box which runs my wallet 24/7. I'm not sure about others but I don't think that lots of people would relinquish the interest, as well as I totally cannot imagine that there's so many people letting their coins sit on exchanges over a longer period of time.
And even if that is the case, I could imagine that the exchanges' wallets do have coin control features enabled, so maybe they also support the network (not sure about the amount of movement in exchange wallets in general, so it's just a guess).
If anyone wants to prove me wrong, please do so. At the moment, I'm here to understand the benefits and/or risks of going full PoS, so any arguments (besides "clusterfuck") are highly appreciated.
.edit: grammar
+1..
is flobdeths post deleted? If thats the case, when are you guys going to stop the censorship? Even though i didnt like the negativity, things arent going to get more positive by censoring...
July 05, 2014, 09:09:14 AM
So I put a couple of Scrypt ASICs on the multipool today. The hashrate at the pool is right, but the worker dashboard says 0 scrypt shares. However, for some reason, I have a lot of SHA256 shares? I'm using port 3333 in cgminer. Is this normal or is something wrong with my setup?
Try switching to port 3334. Post your bat file. Might be an issue there. Jump to: