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Topic: [ANN] SCRYPT HARD FORK BLOCK ON 256000 (Read 4040 times)

hero member
Activity: 756
Merit: 522
August 08, 2013, 07:38:24 AM
#68
I am creating a new fork of Bitcoin that will use Scrypt for hashing on block 256000.
The initial difficulty for scrypt will be 1 to give miners a chance at reliving the good old days of Bitcoin.

This is because the bitcoin network is going to be owned by China with ASICMINER, AVALON, BTCGARDEN, etc. Going back to GPUs would strength Bitcoin and protect the miners - the working class of Bitcoin.

We need to get all the users, miners, merchants on board. Please contact your mining pool and tell them to switch to Scrypt on block 256000. Point your GPUs at a scrypt miner. Get merchants, websites, casinos, stores to update to the hard fork.

Together, we can reclaim the glory of Bitcoin again.

Good one.  Some of the ASIC companies, and investers could be slightly unhappy if that happened.

So much lol. There is only one solution to that problem, and not one within your reach. Write to your senator.
member
Activity: 92
Merit: 10
August 08, 2013, 06:34:45 AM
#67
meiu
legendary
Activity: 2674
Merit: 2965
Terminated.
August 07, 2013, 05:31:21 AM
#66
Can't Argue with the cat...
Never argue with the cat  Shocked
full member
Activity: 238
Merit: 100
KUPO!
August 06, 2013, 08:58:57 PM
#65
Can't Argue with the cat...
legendary
Activity: 2674
Merit: 2965
Terminated.
August 06, 2013, 06:46:40 PM
#64
It needs some thinking about but I reckon this would be more palatable to most and still achieves what you need.

What exactly is suppose to be achieved?

The only reason OP wants to fork is so he can mine some easy Bitcoins. At the moment he can't mine jack, and butthurt about it.  Cheesy

Cheesy Cheesy Cheesy
Yes, I definently agree.
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
August 06, 2013, 05:19:24 PM
#63
It needs some thinking about but I reckon this would be more palatable to most and still achieves what you need.

What exactly is suppose to be achieved?

The only reason OP wants to fork is so he can mine some easy Bitcoins. At the moment he can't mine jack, and butthurt about it.  Cheesy


+1

Just a bunch of butthurt kids late to the party.

legendary
Activity: 1652
Merit: 1016
August 06, 2013, 04:35:47 PM
#62
It needs some thinking about but I reckon this would be more palatable to most and still achieves what you need.

What exactly is suppose to be achieved?

The only reason OP wants to fork is so he can mine some easy Bitcoins. At the moment he can't mine jack, and butthurt about it.  Cheesy
member
Activity: 73
Merit: 10
August 06, 2013, 04:18:32 PM
#61
Can I suggest an alternative, fork to allow miners choice whether to use scrypt or sha256. This way all of the existing blockchain is still valid as would new blocks from sha256 miners. This would be far more likely to be accepted by more people also.

Those who have invested in ASIC's can continue to use their investment and the rest of us can competitively use GPU's for scrypt. The Bitcoin client would just need to check that each block either validates with sha256 or scrypt. You would need separate difficulty for each though, maybe such that each resolved to 20 minutes each. It needs some thinking about but I reckon this would be more palatable to most and still achieves what you need.

donator
Activity: 1419
Merit: 1015
August 06, 2013, 04:10:54 PM
#60
I said 10% your offer is 5x worse.  Are you trying to rip people off?  Smiley

Oh, you're correct. I guess I read that as "10% off" not "10% of". Okay I'll do 5%!

5 original fork BTC for 100 new fork BTC!
legendary
Activity: 1022
Merit: 1001
August 06, 2013, 03:28:44 PM
#59
Yay, I'm gonna be rich!
member
Activity: 84
Merit: 10
August 06, 2013, 03:25:00 PM
#58
Name a major exchange which doesn't accept BTC.
New York Stock Exchange....


It was quite obvious in context to all the others I mean name a major exchange which accepts an alt-coin and DOESN'T accept Bitcoin.

The post I was responding to made it seem like there is this massive flow of investment, talent, development, merchant support, etc AWAY from Bitcoin and towards alt-coins.  That obviously isn't true.  While BTC aren't traded on the NYSE that isn't because for example BTC is dying and the NYSE went with NVC (or some other clonecoin of the week).

Your responses were ... well dumb.  I updated the post to be even more explicit so you no longer need to apply any thinking.


This whole thread is for jokes and sarcasm Wink

My point was - for usual people value of bitcoin and value of other coins i exactly same.

In crypto world - yes bitcoin is leader, but with general population after few years - leader will be the one with best connections and biggest budget for marketing.

And with that in mind - is it really that impossible for other scrypt coin to overcome bitcoin? Let's think about your mentioned NVC .. that is russian coin ... now imagine all those crazy russian billionaires buying biggest castles in world and buying biggest yachts ... what if they get bored and suddenly want their own money and decide to put few billions in marketing for NVC just because it's russian? What would happen with bitcoin in that case? Bitcoin as completely decentralised currency doesn't have significant investment from anyone and so is easy target for everyone with money to overrule.

Don't get offended - just discussing that bitcoin has it's own flaws and it's base idea of decentralization is not definitely proof of success. Things can easily turn around at any given moment.
donator
Activity: 1218
Merit: 1079
Gerald Davis
August 06, 2013, 03:04:37 PM
#57
I have a standing offer to sell them for 10% of market price for the real fork.  Any takers?  Pre-orders available.

I can beat D&T's offer. I will sell 100BTC on the new fork for 50% of the market price.

You give me 50 original fork BTC, I will give you 100 new fork BTC. I can make a number of such trades if there is anyone legitimately interested...

I said 10% your offer is 5x worse.  Are you trying to rip people off?  Smiley
donator
Activity: 1218
Merit: 1079
Gerald Davis
August 06, 2013, 02:57:18 PM
#56
Name a major exchange which doesn't accept BTC.
New York Stock Exchange....


It was quite obvious in context of the post I was responding too, the other examples, and the message of the entire post, that the meaning was there are no major exchanges which accept OTHER altCoins but not Bitcoins.

The post I was responding to made it seem like there is this massive flow of investment, talent, development, merchant support, etc AWAY from Bitcoin and towards alt-coins.  That obviously isn't true.  While BTC aren't traded on the NYSE, that isn't because for example BTC is dying and the NYSE went with NVC (or some other clonecoin of the week). 


The OP didn't make the claim that ASICs have slowed new interest in BTC the claim was that altCoins were gaining traction at the expense of BTC due to ASICs. My post was to show they aren't.  Even re-reading it now I can't see how anyone would take it any other way, but then I look up at your post and you have proved me wrong.  Your responses were ... well dumb in that context.  However don't worry I updated the post to be even more explicit so you no longer need to apply any thinking before responding.  Your welcome.
legendary
Activity: 1862
Merit: 1518
August 06, 2013, 02:44:45 PM
#55
So if you are doing this wheres the wallet?
legendary
Activity: 2674
Merit: 2965
Terminated.
August 06, 2013, 02:22:02 PM
#54
I have a standing offer to sell them for 10% of market price for the real fork.  Any takers?  Pre-orders available.

I can beat D&T's offer. I will sell 100BTC on the new fork for 50% of the market price.

You give me 50 original fork BTC, I will give you 100 new fork BTC. I can make a number of such trades if there is anyone legitimately interested...


Id do 20 original fork BTC for 100 from the new fork!!!! 
Stop with this crazyness.
Give me 0.1 orginal fork BTC and I will give you 10 new fork BTC  Cheesy
legendary
Activity: 2128
Merit: 1119
August 06, 2013, 02:15:34 PM
#53
I have a standing offer to sell them for 10% of market price for the real fork.  Any takers?  Pre-orders available.

I can beat D&T's offer. I will sell 100BTC on the new fork for 50% of the market price.

You give me 50 original fork BTC, I will give you 100 new fork BTC. I can make a number of such trades if there is anyone legitimately interested...


Id do 20 original fork BTC for 100 from the new fork!!!! 
donator
Activity: 1419
Merit: 1015
August 06, 2013, 02:07:23 PM
#52
I have a standing offer to sell them for 10% of market price for the real fork.  Any takers?  Pre-orders available.

I can beat D&T's offer. I will sell 100BTC on the new fork for 50% of the market price.

You give me 50 original fork BTC, I will give you 100 new fork BTC. I can make a number of such trades if there is anyone legitimately interested...
member
Activity: 84
Merit: 10
August 06, 2013, 01:56:35 PM
#51
Name a major exchange which doesn't accept BTC.
New York Stock Exchange
Tokyo Stock Exchange
London Stock Exchange
Hong Kong Stock Exchange
Shanghai Stock Exchange
Toronto Stock Exchange
Deutsche Börse

should I continue?


Don't get me wrong - this thread is ridiculous, but thinking that bitcoin has gained "real traction" is only little bit less ridiculous Smiley

In normal news for people who are not involved in crypto world bitcoin is still something strange and unknown and on same level as other crypto things. There was a little hype few months ago and average person saw bitcoin mentioned about 4 times in general news when there was that big jump in price. since then it was mentioned 0 times in last 3 or something months.

I am talking about news that usual people watch and read.

YouGov/Economist Poll

Have you ever heard of Bitcoin?
Yes    30%
No    70%

Have you ever used Bitcoin?
Yes    0.6%
No    99.4%
legendary
Activity: 2674
Merit: 2965
Terminated.
August 06, 2013, 01:18:14 PM
#50
So this would use SHA to convert private -> public keys but SCRYPT to show proof of work?

Nothing uses SHA to "convert" private keys to public keys.  Hashing algorithms are not public key cryptography.  Bitcoin (and LTC and every single scamCoin copy) uses ECDSA for generating keypairs (private & public keys) as well as creating and verifying signatures necessary to spend coins.
Don't be so negative about the other coins and call them scamcoins lol, ltc wasn't the first script so it's a copycoin  Cheesy

But yes i agree on the matter.
Random people making random forks, interesting  Cheesy
legendary
Activity: 1652
Merit: 1016
August 06, 2013, 01:10:37 PM
#49
I am creating a new fork of Bitcoin that will use Scrypt for hashing on block 256000.
The initial difficulty for scrypt will be 1 to give miners a chance at reliving the good old days of Bitcoin.

Difficulty 1. Yes, sounds much more secure.

*facepalm*
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