There is one very important thing that comes out regarding Cryptopia issue.
As we see there is 3rd of all existing supply in the circulation stuck there on Cryptopia wallet which is now in hands of authorities/court/liquidators, so if we look what we know from cases which happened in last years we can count that none will be given back to the people. We need to settle this on another way, to defend those true holders somehow. It is quite simple from one hand but it will be really complicated from another.
It will be good if we collect the list of holders somehow so we can make a plan to ban that address on the hard fork and to issue new tokens which will be given to those old holders.
If you had some DUOs on cryptopia please join out discord channel so we can discuss what to do. Please don't miss this now and then ask after a few months what to do. We need to settle this ASAP.
I was believing that cryptopia will give back to all holders, but then after today's talk with the guys, I am convinced there is for real no hope for things from there to be ended easy.
Topic: [ANN] ParallelCoin - DUO - SHA256 + Scrypt | Community Takeover - page 9. (Read 61088 times)
ParallelCoin has been listed in Enmanet Exchange: https://enmanet.com/market/BTC-DUO ! Happy Trading!
Charts will appear once 2 transactions are made!
Exchange: https://www.enmanet.com
Discord: https://discord.gg/qryFzJA
I am glad to see this happening, new exchanges adding DUO, but when we are in those ethical things, please let me explain you something.
First of all, if you want to be a not-decentralized exchange, when there is one point of failure, you can not hide who is behind. You use Let's Encrypt SSL certificate, which is ok, but then you hide the name of person/company which registered the domain and of course there is no mention on the site. So, a guaranty for someone who wants to send their coins is basically 0%. I am not accusing you that you are a scammer or not, just that how I see it is seen so many times until now. I even know some people who did the same. Also, you are a user here from April 12, 2019.
0% transparency = 100% risk. Sorry, but it is like that. There must be someone responsible for that kind of tools, not-decentralized exchanges.
What happened with "A decentralized Data Sharing Platform, Hosting and Content Distribution Network through Masternode Network" how that becomes a centralized exchange?
Cheers, wish you luck in further development.
ParallelCoin has been listed in Enmanet Exchange: https://enmanet.com/market/BTC-DUO ! Happy Trading!
Charts will appear once 2 transactions are made!
Exchange: https://www.enmanet.com
Discord: https://discord.gg/qryFzJA
I like he used the term "crypto space" and I realized how ethical we are 
You know what, the original title of com-http.us was "Crypto Coins World" from today it will be Crypto Space. Although I see now there already are few with the same name related to coins or other "the crypto" related stuff... who cares, this is internet and only domain name matters. Is that ethical?
You know what, the original title of com-http.us was "Crypto Coins World" from today it will be Crypto Space. Although I see now there already are few with the same name related to coins or other "the crypto" related stuff... who cares, this is internet and only domain name matters. Is that ethical?
True. In unregulated crypto space, some actors could do unethical things. I like that parallel coin chooses to remain ethical. Market making on its own, seems to be an accepted practice, so much so, it is regulated by the SEC for the stock market. This article - https://www.hg.org/legal-articles/market-makers-101-30616 sheds more light on this.
I like he used the term "crypto space" and I realized how ethical we are
You know what, the original title of com-http.us was "Crypto Coins World" from today it will be Crypto Space. Although I see now there already are few with the same name related to coins or other "the crypto" related stuff... who cares, this is internet and only domain name matters. Is that ethical?
You know what, the original title of com-http.us was "Crypto Coins World" from today it will be Crypto Space. Although I see now there already are few with the same name related to coins or other "the crypto" related stuff... who cares, this is internet and only domain name matters. Is that ethical?
It sounds like a good idea but it requires capitalization, and involves careful risk management systems.
We are planning to create applications that use the coin as a security deposit instrument with intentionally deflationary token issuance rates, such that these deposits grow in value over the time bonded. Very likely this could support hundreds of chains doing this, and there would be a huge utilisation with low bandwidth overall. It is part of a strategy to deploy a specific model on a Tendermint based chain and using the Cosmos Inter-Blockchain Communication protocol, to create a model for masternode-like tokens to form networks, as a protocol for bonding server operators and acting as an economic incentive that can't be attacked and operated directly by the nodes to impose penalties and release bonds.
If you have some model for how to build this market maker application we could make one where people can invest together to run a group of servers that operate it across to other services (and chains).
We are planning to create applications that use the coin as a security deposit instrument with intentionally deflationary token issuance rates, such that these deposits grow in value over the time bonded. Very likely this could support hundreds of chains doing this, and there would be a huge utilisation with low bandwidth overall. It is part of a strategy to deploy a specific model on a Tendermint based chain and using the Cosmos Inter-Blockchain Communication protocol, to create a model for masternode-like tokens to form networks, as a protocol for bonding server operators and acting as an economic incentive that can't be attacked and operated directly by the nodes to impose penalties and release bonds.
If you have some model for how to build this market maker application we could make one where people can invest together to run a group of servers that operate it across to other services (and chains).
I did some digging around after my last post, and it seems the market maker model is already in use by most coin exchanges and some token issuers. Here is one of the articles I found https://www.bitcoinmarketjournal.com/crypto-market-makers/
It sounds like a good idea but it requires capitalization, and involves careful risk management systems.
We are planning to create applications that use the coin as a security deposit instrument with intentionally deflationary token issuance rates, such that these deposits grow in value over the time bonded. Very likely this could support hundreds of chains doing this, and there would be a huge utilisation with low bandwidth overall. It is part of a strategy to deploy a specific model on a Tendermint based chain and using the Cosmos Inter-Blockchain Communication protocol, to create a model for masternode-like tokens to form networks, as a protocol for bonding server operators and acting as an economic incentive that can't be attacked and operated directly by the nodes to impose penalties and release bonds.
If you have some model for how to build this market maker application we could make one where people can invest together to run a group of servers that operate it across to other services (and chains).
We are planning to create applications that use the coin as a security deposit instrument with intentionally deflationary token issuance rates, such that these deposits grow in value over the time bonded. Very likely this could support hundreds of chains doing this, and there would be a huge utilisation with low bandwidth overall. It is part of a strategy to deploy a specific model on a Tendermint based chain and using the Cosmos Inter-Blockchain Communication protocol, to create a model for masternode-like tokens to form networks, as a protocol for bonding server operators and acting as an economic incentive that can't be attacked and operated directly by the nodes to impose penalties and release bonds.
If you have some model for how to build this market maker application we could make one where people can invest together to run a group of servers that operate it across to other services (and chains).
We will be doing our servers reorganization today, so please don't be surprised if you can't open any of our web stuff.
Hope the exchange wallets will not be affected. Hope they are not going offline?
No, of course not. It is just related to the main website and blockchain explorer.
Thank you very much for your belief and support.
Any ideas how I could work out liquidity? The payment we received today are stuck in the exchange so we can't process stock for our customers, which means instead of 3 transactions being passed through the exchange today, we will only do 1. This may affect tomorrow's sales and subsequent sales.
Are there members of the community with whom I could brainstorm, so we set up a liquidity pool to ensure that all incoming funds can be more easily liquidated going forward? This will help the coin in the long run as there will be daily inflow of funds, which might attract other crypto enthusiasts.
I am just putting this out there, as I will always ask for superior strategy whenever I get stuck.
I also did a withdrawal of DUOs from YOBit today (about at the same time as you did write your message) and it was working perfectly. Until now I have 43 confirmations in my wallet and I fully received all the coins.
What I never tried before is to do three withdrawals from YOBit at the same time... But normally this should work, too (why not?).
Maybe you did it too fast... do a withdrawal, wait for the confirmation email (which you might need to confirm), and then, when this was done, do the next withdrawal.
Withdrawals are fine. That is not what I meant.
I was actually thinking along the line of market makers. Does anyone know how to get a hold of market makers who professionally provide liquidity for coins like they do in the stock market, for a fee of course. Such that if I channel 0.5BTC - 2BTC through the exchange in payment acceptance from my customers, I could get the volume of Bitcoin needed in the DUO/BTC market within say, 30 minutes. The more transactions like that occur on a daily basis, the earlier the general public will exhibit enough confidence in using parallelcoin for a lot of things.
As I told you all so many time, you will all realize how big scam is YoBit, that is not exchange it is pure living shit in digital form.
They hold 3 coins on which I was working on, which 2 years doesn't have a living chain.
Fuck them, get your coins from them as soon as you can.
They will be anyhow expelled if they don't change wallet to new.
They hold 3 coins on which I was working on, which 2 years doesn't have a living chain.
Fuck them, get your coins from them as soon as you can.
They will be anyhow expelled if they don't change wallet to new.
Thanks for this information. I will try to withdraw as soon as possible. Is Altilly safe to use for DUO? Nova?
As I told you all so many time, you will all realize how big scam is YoBit, that is not exchange it is pure living shit in digital form.
They hold 3 coins on which I was working on, which 2 years doesn't have a living chain.
Fuck them, get your coins from them as soon as you can.
They will be anyhow expelled if they don't change wallet to new.
They hold 3 coins on which I was working on, which 2 years doesn't have a living chain.
Fuck them, get your coins from them as soon as you can.
They will be anyhow expelled if they don't change wallet to new.
We will be doing our servers reorganization today, so please don't be surprised if you can't open any of our web stuff.
Hope the exchange wallets will not be affected. Hope they are not going offline?
No, of course not. It is just related to the main website and blockchain explorer.
Thank you very much for your belief and support.
Any ideas how I could work out liquidity? The payment we received today are stuck in the exchange so we can't process stock for our customers, which means instead of 3 transactions being passed through the exchange today, we will only do 1. This may affect tomorrow's sales and subsequent sales.
Are there members of the community with whom I could brainstorm, so we set up a liquidity pool to ensure that all incoming funds can be more easily liquidated going forward? This will help the coin in the long run as there will be daily inflow of funds, which might attract other crypto enthusiasts.
I am just putting this out there, as I will always ask for superior strategy whenever I get stuck.
I also did a withdrawal of DUOs from YOBit today (about at the same time as you did write your message) and it was working perfectly. Until now I have 43 confirmations in my wallet and I fully received all the coins.
What I never tried before is to do three withdrawals from YOBit at the same time... But normally this should work, too (why not?).
Maybe you did it too fast... do a withdrawal, wait for the confirmation email (which you might need to confirm), and then, when this was done, do the next withdrawal.
This should be updated when the new main landing page is online soon, but this is the current main home for the legacy client:
https://git.parallelcoin.io/dev/parallelcoin
These are 'AppImage' universal binaries that you can run on
https://github.com/parallelcointeam/parallelcoin/releases
The second one (parallelcoin-qt) is the graphical wallet that you will probably want to use.
We are also hosting it here: https://git.parallelcoin.io/dev/parallelcoin-binaries
Basically, download it for any linux (I made sure it will work for any version released after april 2014 or later), assuming it is 64 bit, right click on the icon and select 'properties' and make it executable, and voila. I'm not sure how to explain that any better than that. Oh, a picture will help I guess:
This won't be visible unless you click on it:
https://i.postimg.cc/jdvmB89J/Screenshot-from-2019-06-20-17-40-47.png
For mining:
Usually you would use the other one (without -qt) for mining, though it is possible to use the -qt version if you manually edit the configuration.
But actually, most people would mine using a pool at this point. It can be mined the same way as you would mine bitcoin or litecoin, and including the same hardware as you would use for either of them, SHA256D or Scrypt.
In the future, after the hardfork, at first there will only be CPU mining and probably in a few months after that there will be an OpenCL and Cuda kernel to use GPUs. I doubt there ever will be an ASIC because I am designing the algorithm so that where a CPU is faster, a GPU is slow, and vice versa, and the complexity of the algorithm will make an ASIC essentially a computer anyway.
https://git.parallelcoin.io/dev/parallelcoin
These are 'AppImage' universal binaries that you can run on
https://github.com/parallelcointeam/parallelcoin/releases
The second one (parallelcoin-qt) is the graphical wallet that you will probably want to use.
We are also hosting it here: https://git.parallelcoin.io/dev/parallelcoin-binaries
Basically, download it for any linux (I made sure it will work for any version released after april 2014 or later), assuming it is 64 bit, right click on the icon and select 'properties' and make it executable, and voila. I'm not sure how to explain that any better than that. Oh, a picture will help I guess:
This won't be visible unless you click on it:
https://i.postimg.cc/jdvmB89J/Screenshot-from-2019-06-20-17-40-47.png
For mining:
Usually you would use the other one (without -qt) for mining, though it is possible to use the -qt version if you manually edit the configuration.
But actually, most people would mine using a pool at this point. It can be mined the same way as you would mine bitcoin or litecoin, and including the same hardware as you would use for either of them, SHA256D or Scrypt.
In the future, after the hardfork, at first there will only be CPU mining and probably in a few months after that there will be an OpenCL and Cuda kernel to use GPUs. I doubt there ever will be an ASIC because I am designing the algorithm so that where a CPU is faster, a GPU is slow, and vice versa, and the complexity of the algorithm will make an ASIC essentially a computer anyway.
How is the mining currently done?
Any hope for us Linux users. I could only see the windows wallet.
I am new in this community. One of the followers and investors in the project that @consort is talking about.
Any hope for us Linux users. I could only see the windows wallet.
I am new in this community. One of the followers and investors in the project that @consort is talking about.
The only way to deal with that would be to have significantly more in your 'float' than you turn over on a daily basis (spend and receive).
If the question is relating to the block time, this is unfortunately the result of very wide variance in hashpower mining the coin due to its still-small miner userbase.
I am working on an upgrade that should see a massive improvement in the regularity of blocks as well as opening up mining to people who might just happen to have a few computers laying about, as it is designed to be equally fast whether it's GPU or CPU mining.
The upgrade should be in beta testing within weeks and maybe mid-to-end of july it could be switching over.
If the question is relating to the block time, this is unfortunately the result of very wide variance in hashpower mining the coin due to its still-small miner userbase.
I am working on an upgrade that should see a massive improvement in the regularity of blocks as well as opening up mining to people who might just happen to have a few computers laying about, as it is designed to be equally fast whether it's GPU or CPU mining.
The upgrade should be in beta testing within weeks and maybe mid-to-end of july it could be switching over.
The only way to deal with that would be to have significantly more in your 'float' than you turn over on a daily basis (spend and receive).
If the question is relating to the block time, this is unfortunately the result of very wide variance in hashpower mining the coin due to its still-small miner userbase.
I am working on an upgrade that should see a massive improvement in the regularity of blocks as well as opening up mining to people who might just happen to have a few computers laying about, as it is designed to be equally fast whether it's GPU or CPU mining.
The upgrade should be in beta testing within weeks and maybe mid-to-end of july it could be switching over.
If the question is relating to the block time, this is unfortunately the result of very wide variance in hashpower mining the coin due to its still-small miner userbase.
I am working on an upgrade that should see a massive improvement in the regularity of blocks as well as opening up mining to people who might just happen to have a few computers laying about, as it is designed to be equally fast whether it's GPU or CPU mining.
The upgrade should be in beta testing within weeks and maybe mid-to-end of july it could be switching over.
We will be doing our servers reorganization today, so please don't be surprised if you can't open any of our web stuff.
Hope the exchange wallets will not be affected. Hope they are not going offline?
No, of course not. It is just related to the main website and blockchain explorer.
Thank you very much for your belief and support.
Any ideas how I could work out liquidity? The payment we received today are stuck in the exchange so we can't process stock for our customers, which means instead of 3 transactions being passed through the exchange today, we will only do 1. This may affect tomorrow's sales and subsequent sales.
Are there members of the community with whom I could brainstorm, so we set up a liquidity pool to ensure that all incoming funds can be more easily liquidated going forward? This will help the coin in the long run as there will be daily inflow of funds, which might attract other crypto enthusiasts.
I am just putting this out there, as I will always ask for superior strategy whenever I get stuck.
Hi everyone I welcome the project and I follow it for a long time... I have some amount of coins on the Cryptopia.
Does somebody know what will happen with Cryptopia and those coins there???
***Congratulations on the project and every honor to developers! go on!!!
Does somebody know what will happen with Cryptopia and those coins there???
***Congratulations on the project and every honor to developers! go on!!!
As I got the story from Cryptopia they are dead, but they are in the legit process of liquidation, which means authorities will deal with the rest of the story.
Their case has been moved from New Zeland court to New York court if I got that right.
Good thing is that they said they have the whole database, which means there is a list with all users and their coins.
We hope, as DUO price was so low in a time of the hack, none of ParallelCoins were stolen and as soon as the court process is done you all will get your coins.
From the other hand time needed for that is unknown. I presume it will not be over until the end of this year.
The good thing is when you get your coins they will be worth... will worth much more than you can imagine
I am sorry for your loss, but let's hope justice will be satisfied and all DUO holders from Cryptopia will get the coins.
To be honest for the market that is a good thing as supply is so low now, which means just one thing...
Thank you on support
Check out this link for more information if you had an account on Cryptopia and regarding your coins:
Update for Cryptopia account holders 27 May 2019
https://www.grantthornton.co.nz/update-for-cryptopia-account-holders-27-may-2019/
Hi everyone I welcome the project and I follow it for a long time... I have some amount of coins on the Cryptopia.
Does somebody know what will happen with Cryptopia and those coins there???
***Congratulations on the project and every honor to developers! go on!!!
Does somebody know what will happen with Cryptopia and those coins there???
***Congratulations on the project and every honor to developers! go on!!!
As I got the story from Cryptopia they are dead, but they are in the legit process of liquidation, which means authorities will deal with the rest of the story.
Their case has been moved from New Zeland court to New York court if I got that right.
Good thing is that they said they have the whole database, which means there is a list with all users and their coins.
We hope, as DUO price was so low in a time of the hack, none of ParallelCoins were stolen and as soon as the court process is done you all will get your coins.
From the other hand time needed for that is unknown. I presume it will not be over until the end of this year.
The good thing is when you get your coins they will be worth... will worth much more than you can imagine
I am sorry for your loss, but let's hope justice will be satisfied and all DUO holders from Cryptopia will get the coins.
To be honest for the market that is a good thing as supply is so low now, which means just one thing...
Thank you on support
Hi everyone I welcome the project and I follow it for a long time... I have some amount of coins on the Cryptopia.
Does somebody know what will happen with Cryptopia and those coins there???
***Congratulations on the project and every honor to developers! go on!!!
Does somebody know what will happen with Cryptopia and those coins there???
***Congratulations on the project and every honor to developers! go on!!!
Maybe this is my first post, but I am already four years old
hehe... rehi.. how have you been for such a long time?
Here I was almost from the beginning, not writing but just preparing me as a spirit for great things!
What do you want to be, when you grow up?
Well...
I was not sure, because my growth is not depend on me, but on this community.
This community which showed true belief and which was ready to give many sacrifice to Satoshi Almighty.
I was not sure will I even survive. What happened is real persistence in intent of community to keep me alive and make me grow.
My elementary school is just starting.
Thank you guys!!!
We will be doing our servers reorganization today, so please don't be surprised if you can't open any of our web stuff.
Hope the exchange wallets will not be affected. Hope they are not going offline?
No, of course not. It is just related to the main website and blockchain explorer.
Thank you very much for your belief and support.
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