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Topic: [ANN] "Cubits" V2 (QBT) Sha256D POW - page 4. (Read 14204 times)

legendary
Activity: 1680
Merit: 1343
November 12, 2013, 03:20:22 PM
If it sounds dead then dead it is
legendary
Activity: 2632
Merit: 1040
November 12, 2013, 06:05:33 AM
I Would like to know if this coin is dead or Dev are active.
How much time do you need to fix this coin?  Roll Eyes
legendary
Activity: 1632
Merit: 1010
November 11, 2013, 09:44:08 PM
Whos mining?
hero member
Activity: 630
Merit: 500
November 11, 2013, 08:58:40 PM
Updates are coming soon....Working as fast as we can.  We just need to make sure everything is fixed this time before we release.  Grin

You should put some info out there...

Is the chain going to roll back?
If so, to where?
Do you have an estimate on new release?

People who are mining it now will be affected so if there is going to be a roll back... they need to know to stop mining it ASAP.
legendary
Activity: 2632
Merit: 1040
November 10, 2013, 02:40:36 PM
we are near block 130K any news about the fix?
legendary
Activity: 1064
Merit: 1000
November 10, 2013, 07:01:20 AM
Pool Update:

I was starting to have quite a bit of trouble with eloipool, so I finally found a vanilla stratum back end that with a bit of modification works with QBT.

Added Bonus: Vardiff works with this back end, so vardiff is now active on the pool. Difficulty range of 1 - 10.

http://qbtcoin.com
legendary
Activity: 2632
Merit: 1040
November 08, 2013, 07:45:06 PM
Updates are coming soon....Working as fast as we can.  We just need to make sure everything is fixed this time before we release.  Grin

Any idea about release date?
sr. member
Activity: 354
Merit: 250
November 08, 2013, 03:20:36 AM
Updates are coming soon....Working as fast as we can.  We just need to make sure everything is fixed this time before we release.  Grin
legendary
Activity: 1442
Merit: 1008
November 07, 2013, 08:46:39 PM
WTS 56000 QBT cubits for 0.18 btc
member
Activity: 62
Merit: 10
November 07, 2013, 07:11:43 PM
Anybody Interested In buying some Cubits?

I have some for sale, PM me your offers.


full member
Activity: 239
Merit: 100
Socialist Cryptocurrency Devote
November 07, 2013, 06:30:56 PM
I still think mandatory demurrage for x number of blocks is in order to deflate this fat balloon before it pops.
Probably wanna just do like 1% per block for like 100 blocks that should get you down to 1/3 of all coins produced then I suggest if you wanna be fancy, then do continual demurrage of .00001% that is drained into miner fees thus this coin would actually have something unique  Shocked
actually that sounds pretty cool
.00001% of all coins around getting put into each block  Grin
that way every 10000 blocks (38.19 days) everyone is down to 90%
and after a year or about 100000 blocks everyone is down to 1/3 thus people will either need to mine or trade
legendary
Activity: 2632
Merit: 1040
November 07, 2013, 02:34:55 PM
Any news from dev?
hero member
Activity: 630
Merit: 500
November 07, 2013, 08:19:16 AM
What she means is, the more you mine now... the more you are devaluing this coin.

If you stop now... that leaves more coins to be mined when the difficulty is fixed... making more incentive for miners to come back to this coin later.

If you keep mining now, then there will be precious few coins left to mine giving people very little incentive to actually point hashes this way... and killing any chance of any value for QBT.
legendary
Activity: 2632
Merit: 1040
November 07, 2013, 07:47:23 AM
It would be a good idea for you all to stop mining cubits until we get this fixed. No point in wasting ant more hashes or electricity.

What do you mean by that? I hope not a restart, after 3 days of 24/7 mining?

I Hope no  Angry
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
November 07, 2013, 02:49:03 AM
It would be a good idea for you all to stop mining cubits until we get this fixed. No point in wasting ant more hashes or electricity.

What do you mean by that? I hope not a restart, after 3 days of 24/7 mining?
full member
Activity: 239
Merit: 100
Socialist Cryptocurrency Devote
November 07, 2013, 02:41:28 AM
If you wanna make amends you could always just implement demurrage for x number of blocks (and then none after) to cut everyone's coin count down
legendary
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
November 07, 2013, 01:15:35 AM
ok
sr. member
Activity: 354
Merit: 250
November 07, 2013, 12:58:17 AM
It would be a good idea for you all to stop mining cubits until we get this fixed. No point in wasting ant more hashes or electricity.
hero member
Activity: 630
Merit: 500
November 07, 2013, 12:18:01 AM
I would rather have them as a collectible coin for barter than have this be a devcoin.

I don't see any reason it should be that low anyway.

Considering that 8-9 days after the halving happened at 78500 blocks... there will only remain 11.6875% of total coins left to mine...

Unless this gets fixed in the next few days... you can bet the value of each QBT will be about what it cost me t mine each of my 200K... about 50 Satoshis each. Less with BTC approaching $300.
legendary
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
November 06, 2013, 10:53:39 PM
I would rather have them as a collectible coin for barter than have this be a devcoin.

I don't see any reason it should be that low anyway.
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