Huh?
what are you doing?
Topic: [ANN] DoS Coin [X13] [5% PoS 3 months] [PoM] [Htl] [20 GH] - page 3. (Read 40685 times)
Huh?
The DoScoin project is going to be on hold while I generate my own revenue and start up this coin myself. I'm going to fund the entire project myself and it's going to take awhile before a true launch. For now, I leave with one final update: There will be a testnet, but it won't be as the coin. I invite everyone to the beta in 2 months.
15 satoshi is a pretty high price for this brand new coin.
I can see it falling to 1 satoshi is a few weeks.
Maybe you could buy a bunch of coins at 1 satoshi and use them to get other good people into the coin. Most likely they will just start their own coin though and leave you behind.
I can see it falling to 1 satoshi is a few weeks.
Maybe you could buy a bunch of coins at 1 satoshi and use them to get other good people into the coin. Most likely they will just start their own coin though and leave you behind.
I think you're thinking of the coins with billions in supply:
175 million doscoin in circulation out of 500 million (not sure if this incidentally includes the premine dev?)
take a high coin - BC with 75 million valued at 10000 satoshi (15th market cap) and a low one like Pinkcoin with 365 million in circ and valued 110 satoshi (71st market cap)
Doscoin is sat at 200th on the market cap chart, pretty cheap
15 satoshi is a pretty high price for this brand new coin.
I can see it falling to 1 satoshi is a few weeks.
Maybe you could buy a bunch of coins at 1 satoshi and use them to get other good people into the coin. Most likely they will just start their own coin though and leave you behind.
I can see it falling to 1 satoshi is a few weeks.
Maybe you could buy a bunch of coins at 1 satoshi and use them to get other good people into the coin. Most likely they will just start their own coin though and leave you behind.
I'm really liking the ideas coming from this coin. Solving a real world problem is a truly unique coin feature and I hope you can get a testnet implemented and some dev help if you need. I would think that a qualified dev would love a chunk of that premine to help do the work if you need...coin will be worth a ton more with a proof of concept.
You might find this quite interesting, real time data on different cyber attacks like ddos's country to country including ip's. No surprise China is #1 offender but some may shock you! It's truly mesmerizing to watch the graphical laser show of the online world attacking itself, and what your seeing is real time to boot!
http://d71xpfkmvd1d0.cloudfront.net/#
http://d71xpfkmvd1d0.cloudfront.net/#
Doesn't work for me, but Google's one does: http://www.digitalattackmap.com/
You might find this quite interesting, real time data on different cyber attacks like ddos's country to country including ip's. No surprise China is #1 offender but some may shock you! It's truly mesmerizing to watch the graphical laser show of the online world attacking itself, and what your seeing is real time to boot!
http://d71xpfkmvd1d0.cloudfront.net/#
http://d71xpfkmvd1d0.cloudfront.net/#
Well, that would mean i'd have to work with the businesses. Hmm. Let's find out a doable way.
I think I will try and get a working version of this up on a test network. It would take maybe a week or two and a bit more to get it up.
No rush. Think, plan, develop a roadmap... watch the market price after you announce it
In the meanwhile I have a question for you. How can a node broadcast PoM when it's under a heavy DDoS attack?
Edit: seems doable only with dual ISP link... unless you got a better idea.
I think I will try and get a working version of this up on a test network. It would take maybe a week or two and a bit more to get it up.
My apologies to FryguyUK. Ok, maybe I was too mean. After dealing with the amount of FUD we get on URO thread being mean should be understandable
Anyways, I've seen the concerns about the price of DoScoin. Well, maybe listening to my idea for once might help with the problem.
I propose to have the attacked to put some amount of DoScoin into the blockchain in order to contract mitigators. This can be a fixed sum (ex. 1 DOS/Mbps/block) or can be calculated on some other basis. Each time a block is solved with a PoM, all participating mitigators get their share based on how much of the attack they mitigated. It's similar to bitcoin transaction fees being awarded to whoever solves the block. When the attacked runs out of DoScoins, he'll have to buy some more on the market, effectively keeping the price at a reasonable level. The coins will be actually backed by what defense against DDoS is worth to the business.
Anyways, I've seen the concerns about the price of DoScoin. Well, maybe listening to my idea for once might help with the problem.
I propose to have the attacked to put some amount of DoScoin into the blockchain in order to contract mitigators. This can be a fixed sum (ex. 1 DOS/Mbps/block) or can be calculated on some other basis. Each time a block is solved with a PoM, all participating mitigators get their share based on how much of the attack they mitigated. It's similar to bitcoin transaction fees being awarded to whoever solves the block. When the attacked runs out of DoScoins, he'll have to buy some more on the market, effectively keeping the price at a reasonable level. The coins will be actually backed by what defense against DDoS is worth to the business.
+100 to the above. It's a much better way of doing it.
Well, you're the dev. Please implement a simple model of mitigation fees in PoM and you'll make me a VERY happy DoScoin owner
Since it's a new thing the model can be simple to start with and then you can polish it out through hard forks as more experience with the whole system comes in.Edit: the final idea is to get the companies in need of mitigation compete for DoScoins on the market with their money while also having the mitigators compete for contracts by setting a competitive price in DoS/Mbps/block
My apologies to FryguyUK. Ok, maybe I was too mean. After dealing with the amount of FUD we get on URO thread being mean should be understandable
Anyways, I've seen the concerns about the price of DoScoin. Well, maybe listening to my idea for once might help with the problem.
I propose to have the attacked to put some amount of DoScoin into the blockchain in order to contract mitigators. This can be a fixed sum (ex. 1 DOS/Mbps/block) or can be calculated on some other basis. Each time a block is solved with a PoM, all participating mitigators get their share based on how much of the attack they mitigated. It's similar to bitcoin transaction fees being awarded to whoever solves the block. When the attacked runs out of DoScoins, he'll have to buy some more on the market, effectively keeping the price at a reasonable level. The coins will be actually backed by what defense against DDoS is worth to the business.
Anyways, I've seen the concerns about the price of DoScoin. Well, maybe listening to my idea for once might help with the problem.
I propose to have the attacked to put some amount of DoScoin into the blockchain in order to contract mitigators. This can be a fixed sum (ex. 1 DOS/Mbps/block) or can be calculated on some other basis. Each time a block is solved with a PoM, all participating mitigators get their share based on how much of the attack they mitigated. It's similar to bitcoin transaction fees being awarded to whoever solves the block. When the attacked runs out of DoScoins, he'll have to buy some more on the market, effectively keeping the price at a reasonable level. The coins will be actually backed by what defense against DDoS is worth to the business.
+100 to the above. It's a much better way of doing it.
My apologies to FryguyUK. Ok, maybe I was too mean. After dealing with the amount of FUD we get on URO thread being mean should be understandable
Anyways, I've seen the concerns about the price of DoScoin. Well, maybe listening to my idea for once might help with the problem.
I propose to have the attacked to put some amount of DoScoin into the blockchain in order to contract mitigators. This can be a fixed sum (ex. 1 DOS/Mbps/block) or can be calculated on some other basis. Each time a block is solved with a PoM, all participating mitigators get their share based on how much of the attack they mitigated. It's similar to bitcoin transaction fees being awarded to whoever solves the block. When the attacked runs out of DoScoins, he'll have to buy some more on the market, effectively keeping the price at a reasonable level. The coins will be actually backed by what defense against DDoS is worth to the business.
Anyways, I've seen the concerns about the price of DoScoin. Well, maybe listening to my idea for once might help with the problem.
I propose to have the attacked to put some amount of DoScoin into the blockchain in order to contract mitigators. This can be a fixed sum (ex. 1 DOS/Mbps/block) or can be calculated on some other basis. Each time a block is solved with a PoM, all participating mitigators get their share based on how much of the attack they mitigated. It's similar to bitcoin transaction fees being awarded to whoever solves the block. When the attacked runs out of DoScoins, he'll have to buy some more on the market, effectively keeping the price at a reasonable level. The coins will be actually backed by what defense against DDoS is worth to the business.
Yeah I do like Indiegogo. I want to make sure it's foolproof enough.
I think it was actually just a physical wallet though.
Should I gain more exposure first?
I think it was actually just a physical wallet though.
Should I gain more exposure first?
check this:
https://www.indiegogo.com/projects/un-named-coin
The Price is a disaster 
, Now we hold our big bags and hope.
How will the coin progress with no developer and next to no value in DOScoin ?.
, Now we hold our big bags and hope.How will the coin progress with no developer and next to no value in DOScoin ?.
yes hold till the price is stable till then keep on mining
They is no point in mining DOScoin, Probably cheaper to just buy. I have 200k and spent over 0.2btc in getting it.
The wanted developers should take % of DOScoin for the work, not BTC.
We have not seen a stable floor yet, currently 8 sats and still in POW.
The Price is a disaster , Now we hold our big bags and hope.
How will the coin progress with no developer and next to no value in DOScoin ?.
, Now we hold our big bags and hope.How will the coin progress with no developer and next to no value in DOScoin ?.
yes hold till the price is stable till then keep on mining
The Price is a disaster , Now we hold our big bags and hope.
How will the coin progress with no developer and next to no value in DOScoin ?.
, Now we hold our big bags and hope.How will the coin progress with no developer and next to no value in DOScoin ?.
Attention DoScoin Community:
I want to keep you guys informed on updates concerning the coin. I need developers. If you could get people who worked on other coins to join me, that would be great. It's one of my biggest concerns. The other concern is how am I going to pay them? I cannot sell off any DOScoin at these prices (and I don't blame you guys for saying it was my fault because it clearly was my fault). I'm begging you, the community, to help me get it back up. It's a project I have been contemplating on doing for months since I got into the scene of computer security. The goal was always to provide solutions for the community that were open source and made for everyone.
If you guys could help me sell off part of the DoScoin at 80-100 satoshi, I will have enough money to pay the developers (who'm I am still looking for). Please, if you can give me a second chance on this and I won't let you down!
If you guys could help me sell off part of the DoScoin at 80-100 satoshi, I will have enough money to pay the developers (who'm I am still looking for). Please, if you can give me a second chance on this and I won't let you down!
Why do you need to pay devs in Bitcoins? Pay them with DoScoin and they will be more motivated to develop better coin
The brand new ANN explains the general idea behind the DoSCoin. A bit far-fetched, but I can wait for more details.
So, I get it, the idea is to generate blocks by fending off the attacks. Now, what's the use for the coins themselves? When I first read about this coin I though the attacked server would have to pay DoSCoin to those who help it fend off the attack, it would just make sense, but there's no mention of it in the ANN. Please comment.
So, I get it, the idea is to generate blocks by fending off the attacks. Now, what's the use for the coins themselves? When I first read about this coin I though the attacked server would have to pay DoSCoin to those who help it fend off the attack, it would just make sense, but there's no mention of it in the ANN. Please comment.
This is basically what Proof of mitigation is if you haven't read that part.
Please, I also don't want bashing on members. It's clear that Fryguy gets the usefulness of the coin and he wanted to add his opinion on it.
What's the point to mint those coins by subjecting your own network to DDoS when the only thing you can do to them is gamble away on an alt market? This coin actually has a chance to become something of real value instead of being just another toy. Why ruin it?
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