Topic: [ANN][AID] AidBit | Digital-currency redefined | POW/POS | Groestl | Charity - page 16. (Read 101130 times)

nice

Dear AidBit community,

We are currently working on comprehensive FAQ section and we started with absolute basics like:

- What is Aidbit
- How do I send and receive AidBits
- How do I buy/sell AidBits. *we'll make a guide for Cryptsy
- Antivirus issues when installing
- Installation of wallet on multiple computers
- How do I start mining
- When do I get payed
- GPU mining issues

We would appreciate your suggestions on what to add to the FAQ section.

Thank you,

AidBit

Some smaller exchanges like c-cex and coin swap already accepted us. We're aiming for Cryptsy, though. So please send a support ticket to https://cryptsy.freshdesk.com/support/tickets/new to help us get accepted.

Cheers,

V.

Any exchange yet

https://www.youtube.com/watch?v=sioZd3AxmnE

This is how aidbit PR will work

Actually, maturation time and annual interest remain unchanged. We just implemented wider POS target space. The only difference is you will get higher amounts less frequently. The reward you get is based on amount staked and coinage  -> 7 - 90 days. So on the 100th day you'll get a reward for 90 days coinage. After particular amount stakes, the coinage is reset to 0.

ok thanks for the explanation hope to see the pool running in few days.

We were experiencing some attacks on our pools and were monitoring them 24/7 over ssh, unfortunately PSU on one of our servers blew and disconnected the ssh sessions. Maya and Felix pools are now running again as services, so this will not happen again. Kei will be out of service until Monday.

Thank you for understanding,

V.

I was also wondering about how that works too . . . and haven't had time to do much research on the subject.

My main question that I like to add to yours is if interest is compounded and, if it is, on what basis (daily, weekly, monthly, yearly?). Do you stake more staking every 7 days? Or would you stake the same if you only staked one time in one year? Or once every 2 years?

Are the pools down again?

Actually, the miner is not even bundled any more. Installer downloads it as a separate self-extracting 7zip file. The next thing I'll try to do is sign all files with code signing cert. It should improve the score by some margin.
  

Of course, if you're going to go after a 67 million target audience of new users, you've got to be prepared before doing so. The last thing you want to do is shoot yourself in the foot, and until the download and miners are free of AV red flags, shooting yourself in the foot would be precisely what you'd be doing by trying to expand prematurely. The current base product needs work on those issues before moving on towards network expansion (perhaps by contacting AV makers and/or making very clear what the issue is on the download page with precise instructions included).

Hey, hey, hey, BTW, has anyone noticed how the network hashrate has fallen dramatically? Of course you have. Have you linked it to something in particular? Some certainly have, others tentatively, others perhaps not.

My theory is based on the fact that the drop in network hashrate correlates perfectly in time with the inclusion of AID on c-cex.com . Don't get me wrong, in my opinion, it has nothing to do with the exchange itself, rather it has everything to do with actually being on an exchange. The short termers have seen a real life price and have already abandoned ship! This should be interpreted as good news since the glass-is-half-full perspective says that the remaining 20 plus miners with our 600 MH/s of hashing power make up AidBit's solid, long term base.

That's fantastic news that means that we can move forward without unnecessary pressure and hurries, focusing on the priorities as they really matter for long term success and without getting unintentionally sidetracked.

I suspected as much.

The only thing I can think of to 'explain' why one is flagged and the other isn't is the mere fact that the second is "bundled". How to rectify this? I don't know of a quick answer to that other than contacting the particular AV maker who is flagging the bundled miner (or at least the biggest and best known, like Norton, for exaple).

This is a real issue for people who aren't crypto literate, which translates into just about everyone.

I rechecked MD5 hashes and are the same. They should be, since we're using the same grs-sgminer:

sgminer.exe  ->  0e971cdbb0b581ad527c53a8a9f1869d
pthreadGC2.dll -> ac05fbba61f939cd90133032f2595c69
ssleay32.dll -> 612b2747d39d9ef838ab9eacbc1f6c3a
zlib1.dll -> e4d7dd0a413519b21621ccb7d1d78fa4

Cheers,

V.



 

I really don't know how much one can reasonably expect from a juvenile social network dedicated to "tipping" one another with worthless alt-coins.

If you want to get some sort of projected idea as to future growth that might come from time and effort spent on targeting the social networks, all you'd have to do is look at other cryptos' past results in doing so.

Uh, that's a big zero.

Why insist on doing what's proven to be a loser for everyone. (The definition of insanity is continuing to do the same thing expecting a different outcome . . .)



If you're a short termer looking to make a quick buck, there are lot's of pump and dumps out there to choose from.

If you're looking for a long term investment that will yield a great long term reward as it steadily turns into one of the few real cryptocurrencies in the world, then put your feet up and relax.



First things first - the base product: a world class coin, wallet and network. Do that and the world will beat a path to your door.

Everything else is icing on the cake.



One idea for the third aspect of the base product was suggested by Kayahoga in a brainstorming session we were having on the DigiByte thread not too long ago, and if I were to invest time and energy into what at this point in time would still be too early to really call a publicity campaign, this is the direction I would move in. It would really be a fantastic way of connecting with, and bringing AidBit to, a humongous group of computer literate, already equipped, potential miners/network nodes. Check it out:


Now that's a serious idea aimed at serious end users.  

"10% of each block reward goes to a special charity account
No premine* (3% of each block reward goes to developers) – To provide stable backbone on launch, (pools, block explorers, website integration, etc...), due to the system's design, a few hours premine at diff 1 may be necessary. Every coin premined will go to charity. "

Any charity yet or still working on it?  If I missed it through your website, I apologize, please advise, nothing really transparent though atm.

NICE