hey guys, for forks sake, can we get a tally of hashrate on each pool?
flutter.miningwith.us has 100mh
flt.cloudminers.net has 1200mh
how are the other pools doing?
Topic: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving - page 261. (Read 368097 times)
March 19, 2014, 09:01:40 PM
March 19, 2014, 08:49:39 PM
Mac OS X wallet?
Soon - wasn't at the top of the list with the issues but I am actually trying to work on the kinks to build it as I type... I had to rent a MacThey are really abuseable and beyond pointless when you really think about it for POW blocks.
At that point they will only be targeting the random blocks with the highest values because they are predictable, and any actual pools that are purely for fluttercoin will get screwed out of large amounts of coin.
Would be wonderful to hear others opinion on this, but I am sure this is very likely to happen very soon, especially if this gets added to coinmarketcap.
Do all coins that have pseudo-random block rewards use the same mechanism that DOGE used to calculate the reward? To put it another way, is FLT susceptible to the same exploitation in the same manner?
Dev: Have you considered changing the title of the thread to advertise PoW/PoS/PoT and now Mintpal listed?
I'm pretty certain this one is being calculated in the exact same way, using the last blockhash to get the random amount.Dev: Have you considered changing the title of the thread to advertise PoW/PoS/PoT and now Mintpal listed?
but if that doesn't workout fixed rewards will be implemented likely. March 19, 2014, 08:34:19 PM
Could always switch to Adaptive N-Factor and avoid multipools altogether instead of trying to mitigate them.
Please no, people want to use literal scrypt, not N-Factor.All N-Factor does is make it more complicated for people to mine your coin as there is way less availability for the software. (People like what they are using currently, cgminer, minerd, bfgminer, etc).
It also removes ASIC users as it is a different algo than the scrypt ASIC are targeting. Removing ASIC users really makes no sense in the first place.
March 19, 2014, 08:25:12 PM
Now the most profitable coin on Coinwarz - well done kidcoin.
Especially important now that we don't let the chain get 51%'d - come on people, spread the hash around - https://flt.crunchharder.net is hitting blocks but could do with more hashrate.
March 19, 2014, 08:19:24 PM
Now the most profitable coin on Coinwarz - well done kidcoin.
Especially important now that we don't let the chain get 51%'d - come on people, spread the hash around - https://flt.crunchharder.net is hitting blocks but could do with more hashrate.
March 19, 2014, 07:59:16 PM
So is there a place I can get more info on this "Proof of Block" yet?
i think the dev wants to refer to it as Proof of Transaction (POT) now.
i'm really impressed with the successful fork yesterday, i think kidcoin deserves some good credit for his hard work.
trujillo, applause for you too for getting the peripheral projects in order.
moonpool, thanks for your help on the flutterchain.us site up and running.
wel done to everybody
March 19, 2014, 07:38:26 PM
ASICs will come out for Scrypt-N eventually, just like we had to wait this long for them to come for Scrypt..
This will largely depend on the "N" factor. If the increase in memory requirements outpaces the length of time an ASIC for Scrypt-N are profitable then making ASIC's will not be cost effective. You cant just add more memory to an ASIC. ASIC's for Scrypt-N will have a short shelf life based on the schedule.
March 19, 2014, 07:31:09 PM
So is there a place I can get more info on this "Proof of Block" yet?
March 19, 2014, 07:27:34 PM
March 19, 2014, 07:24:48 PM
We aim to maintain the steady consistent growth that FLT has been showing and not have this coin used as a pump and dump scheme. Not many altcoins have provide innovation and posses an active community/developers like we do. Exchanges, payment processors, merchants, etc. will inevitably come as they start to see the level of true support FLT has and not just people supporting it because "its going to the moon."
If MintPal adding our coin without asking does not 100% prove my point about people taking notice to a innovative, community-driven coin then I don't know what does. Keep up the hard work everyone and we will continue to be successful.
P.s.- If you'd like to join the Fluttercoin Community Development Team please PM me, we'd love to have you!
March 19, 2014, 07:12:41 PM
freaks people out cause the hashrate is ~40-50% of vanilla... why not stick with SHA-256... No N-factor multipool exists yet (publicly?)...
This is exactly what I'm saying, it alienates a large amount of your userbase because they already spent days(the crazy amount of people that joined cryptocurrencies in general due to dogecoin, which is scrypt, is astonishing) learning how to use scrypt(why use scrypt in the first place according to your argument, just stick to bitcoin.), now you want them to use something else that they have no clue about. I hate to say it about new users to crypto, but critical thinking is already hard when it comes to people using and understanding these cryptocurrencies, most people don't even understand how pools work(last few pages you can see people asking why it took more than a *hour* to get a block), and wont even READ the FAQ on a pool page.
Multipools will appear, if they arent already there (at one point yesterday there was randomly over 8gh on the network for about 10 minutes, this was definitely a multipool) and it will be just as bad as scrypt.
ASICs will come out for Scrypt-N eventually, just like we had to wait this long for them to come for Scrypt..
It all seems like a rather pointless move when LOTS of people love Scrypt to just start the cycle of moving algorithms once again just because you think this algorithm is going to be "stale" or something.
March 19, 2014, 06:42:34 PM
Getting blocks at a steady rate on the latest chain!
flutter.miningwith.us
0% Fee for life. Come mine with us today!
flutter.miningwith.us
0% Fee for life. Come mine with us today!
March 19, 2014, 06:37:18 PM
Could always switch to Adaptive N-Factor and avoid multipools altogether instead of trying to mitigate them.
Please no, people want to use literal scrypt, not N-Factor.All N-Factor does is make it more complicated for people to mine your coin as there is way less availability for the software. (People like what they are using currently, cgminer, minerd, bfgminer, etc).
It also removes ASIC users as it is a different algo than the scrypt ASIC are targeting. Removing ASIC users really makes no sense in the first place.
March 19, 2014, 06:32:45 PM
With the price that the coin now is on mintpal and bter, it is very likely that profit switching pools start targeting it.
At that point they will only be targeting the random blocks with the highest values because they are predictable, and any actual pools that are purely for fluttercoin will get screwed out of large amounts of coin.
Would be wonderful to hear others opinion on this, but I am sure this is very likely to happen very soon, especially if this gets added to coinmarketcap.
+1At that point they will only be targeting the random blocks with the highest values because they are predictable, and any actual pools that are purely for fluttercoin will get screwed out of large amounts of coin.
Would be wonderful to hear others opinion on this, but I am sure this is very likely to happen very soon, especially if this gets added to coinmarketcap.
I suggested changing it some days ago.
March 19, 2014, 06:29:12 PM
Mac OS X wallet?
Soon - wasn't at the top of the list with the issues but I am actually trying to work on the kinks to build it as I type... I had to rent a MacThey are really abuseable and beyond pointless when you really think about it for POW blocks.
At that point they will only be targeting the random blocks with the highest values because they are predictable, and any actual pools that are purely for fluttercoin will get screwed out of large amounts of coin.
Would be wonderful to hear others opinion on this, but I am sure this is very likely to happen very soon, especially if this gets added to coinmarketcap.
Do all coins that have pseudo-random block rewards use the same mechanism that DOGE used to calculate the reward? To put it another way, is FLT susceptible to the same exploitation in the same manner?
Dev: Have you considered changing the title of the thread to advertise PoW/PoS/PoT and now Mintpal listed?
I'm pretty certain this one is being calculated in the exact same way, using the last blockhash to get the random amount. Dev: Have you considered changing the title of the thread to advertise PoW/PoS/PoT and now Mintpal listed?
March 19, 2014, 06:19:33 PM
Mac OS X wallet?
Soon - wasn't at the top of the list with the issues but I am actually trying to work on the kinks to build it as I type... I had to rent a MacThey are really abuseable and beyond pointless when you really think about it for POW blocks.
March 19, 2014, 06:17:12 PM
Blocks sometimes take much longer than a hour guys, especially as the global hashrate moves up.
"Time Since Last Block" means the time past since the last block was FOUND, not the network time for the blocks.
You can't expect to get a block every hour, its really unreasonable considering how many people are trying to hash this.
Beat me to it LOL "Time Since Last Block" means the time past since the last block was FOUND, not the network time for the blocks.
You can't expect to get a block every hour, its really unreasonable considering how many people are trying to hash this.
March 19, 2014, 06:16:58 PM
Mac OS X wallet?
Soon - wasn't at the top of the list with the issues but I am actually trying to work on the kinks to build it as I type... I had to rent a MacThey are really abuseable and beyond pointless when you really think about it for POW blocks.
March 19, 2014, 06:16:32 PM
anyone seeing "time since last block" near 1.5 hours? Are we stuck again???
checked miningwithus and bitember
checked miningwithus and bitember
not stuck - on a pool that just means time since last time the pool found a block (if i remember correctly)
March 19, 2014, 06:15:23 PM
Mac OS X wallet?
Soon - wasn't at the top of the list with the issues but I am actually trying to work on the kinks to build it as I type... I had to rent a Mac Jump to: