[ANN][BLC] Blakecoin Blake-256 for GPU/FPGA With Merged Mined Pools Stable Net - page 131.

BlueDragon747

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Quote from: kramble on February 04, 2014, 02:58:16 PM

Quote from: BlueDragon747 on February 04, 2014, 02:41:47 PM

I will stick with my optimism for now Cool

makes me feel happy at least and I am a keen amateur astronomer(when we get clear skies) so love to dream about the stars Roll Eyes

Cool, I don't want to rain on your parade, just thought it would be food for thought.

Charlie Stross has another (rather similar) take on this at the-high-frontier-redux (I remember reading Gerard K O'Neill's High Frontier back in the 1970's when I was still at school, oh those heady days of optimism, sigh).

Anyway its rather OT so I'll shut up now.

I have read quite a lot Fantasy/Science Fiction due not liking TV or Football my influences: Arthur C. Clarke, Isaac Asimov, Philip K. Dick, H. G. Wells, J. R. R. Tolkien, Steve Jackson, Ian Livingstone, Douglas Adams to name a few

this is also reflected in my games for me its a way to create those worlds I dream of Wink

Both good points like Utopian and bad points like Apocalyptic are used as they could be just as likely and make for good stories and game play Cool

kramble

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Quote from: BlueDragon747 on February 04, 2014, 02:41:47 PM

I will stick with my optimism for now Cool

makes me feel happy at least and I am a keen amateur astronomer(when we get clear skies) so love to dream about the stars Roll Eyes

Cool, I don't want to rain on your parade, just thought it would be food for thought.

Charlie Stross has another (rather similar) take on this at the-high-frontier-redux (I remember reading Gerard K O'Neill's High Frontier back in the 1970's when I was still at school, oh those heady days of optimism, sigh).

Anyway its rather OT so I'll shut up now.

BlueDragon747

legendary

Activity: 1509

Merit: 1030

Solutions Architect

I will stick with my optimism for now Cool

makes me feel happy at least and I am a keen amateur astronomer(when we get clear skies) so love to dream about the stars Roll Eyes

besides a personal space craft could just be some super rich person who has there own private craft/vehicle paid by personal investment for their own use only e.g Richard Branson or any of the super rich that own private jets etc.

kramble

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Quote from: BlueDragon747 on February 04, 2014, 01:04:53 PM

off world is one of the only places to go once we finish polluting the earth? or just need more room for population growth Cheesy

As a counter to this argument, I suggest you take a look a some of Tom Murphy's articles, starting with why not space.

I was something of a Space Cadet in my youth, but I've become rather more cynical in my dotage. I don't think the shiny Futurama lies in our destiny, nor a green eco-utopia either. With a bit of luck we won't be going back to the stone age, but there are significant problems maintaining a first-world lifestyle for more than a tiny fraction of the planet's population in the medium to far-off future.

BlueDragon747

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Quote from: rupy on February 04, 2014, 01:01:40 PM

I was refering to the personal spacecraft; that will never happen IMO.

why 400 years is enough time?

off world is one of the only places to go once we finish polluting the earth? or just need more room for population growth Cheesy

unless you think people will start living more green which is just as unlikely Wink

we can already see commercial space travel(very expensive) but it is here if you got enough Bitcoin/Dollar/Pound/Euro etc.. Wink

anything is possible no one knows the future Cool

rupy

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I was refering to the personal spacecraft; that will never happen IMO.

BlueDragon747

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Quote from: rupy on February 04, 2014, 02:50:50 AM

Quote from: BlueDragon747 on February 03, 2014, 06:42:35 PM

Quote from: rupy on February 03, 2014, 06:34:51 PM

Ok, that's really wierd, so you have inflation sqrt thingy, until one day at 7 billion zero, zip, nada?

When is this cliff calculated to occur?

think we will see hand held quantum computers and personal space craft before then Wink

So you are part of the infinite growth crowd?

7 Billion is finite

Why limit a coin to 6 months or a couple of years I wanted something that would last longer that's all Cool

I am not part of any crowd that's why I used Blake-256 and did not follow others like a sheep, I believe that I have created a more sustainable reward compared with some of the other "Bubble" coins that have been released, slow growth over the years is a normal economic method!

its Bitcoin that promoted the "Hyperdeflation" system and the problem with this is once the price stabilizes and difficulty keeps climbing the reward for mining must eventually reach a point of power used to mine is greater than profit from mining unless you are running the latest device and then its going to be a ROI problem

That is why Blakecoin links age of chain and difficulty at that age to reward

rupy

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Quote from: BlueDragon747 on February 03, 2014, 06:42:35 PM

Quote from: rupy on February 03, 2014, 06:34:51 PM

Ok, that's really wierd, so you have inflation sqrt thingy, until one day at 7 billion zero, zip, nada?

When is this cliff calculated to occur?

think we will see hand held quantum computers and personal space craft before then Wink

So you are part of the infinite growth crowd?

bzyzny

sr. member

Activity: 274

Merit: 254

i do like the idea of an inflation cap, would take a lot of the unpredictability out of the picture. with this kind of thing its a good idea to have a clear picture of what could happen in the future. maybe something like max block reward = 100blc

BlueDragon747

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Quote from: Calhil on February 03, 2014, 08:43:26 PM

Seems Ive been miscalculating the difficulty in that block reward equation. I thought we will run out of new blakecoins in around 10-20 years ;p

I dont know about that 400 years estimate though. As you said blake is faster than sha256 so we can get hashrate (and thus higher difficulty) using similarly priced hardware. If the coin does well we probably can see hashrate similar to what bitcoin has now in a couple of years.

I can always put a cap on max inflation Wink

BlueDragon747

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Atomic-Trade allows trading of Blakecoin
www.atomic-trade.com

Crypto-Currency Exchange allows trading of Blakecoin
https://c-cex.com

Coin-Swap allows trading of Blakecoin
https://coin-swap.net

Edit:
OpenEx also allows trading of Blakecoin but its in maintenance for 2-3 weeks

Gorgoy

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Is there any site that will sell trade Blake? Just curious, I would buy some.

Calhil

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Seems Ive been miscalculating the difficulty in that block reward equation. I thought we will run out of new blakecoins in around 10-20 years ;p

I dont know about that 400 years estimate though. As you said blake is faster than sha256 so we can get hashrate (and thus higher difficulty) using similarly priced hardware. If the coin does well we probably can see hashrate similar to what bitcoin has now in a couple of years.

BlueDragon747

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Quote from: rupy on February 03, 2014, 06:34:51 PM

Ok, that's really wierd, so you have inflation sqrt thingy, until one day at 7 billion zero, zip, nada?

When is this cliff calculated to occur?

any coin that has a coin max has a limit most coins will be done way before Blakecoin

not any different for Bitcoin most say it will be left with transaction fees after all new coins have been minted

when would be based on the difficulty but I can't see it being mined out much before 2414! Cool

think we will see hand held quantum computers and personal space craft before then Wink

bzyzny

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Activity: 274

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Quote from: rupy on February 03, 2014, 06:34:51 PM

Ok, that's really wierd, so you have inflation sqrt thingy, until one day at 7 billion zero, zip, nada?

When is this cliff calculated to occur?

best estimate is at least 400 years from now, so its kind of irrelevant

bzyzny

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Activity: 274

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Quote from: masterkiller on February 03, 2014, 05:11:06 PM

Blakecoin has been listed at Coin-Swap.net

hmm, hadnt heard of coin-swap before but that is an interesting idea. its not quite an exchange but more flexible in some ways.

rupy

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Ok, that's really wierd, so you have inflation sqrt thingy, until one day at 7 billion zero, zip, nada?

When is this cliff calculated to occur?

BlueDragon747

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Quote from: masterkiller on February 03, 2014, 05:11:06 PM

Blakecoin has been listed at Coin-Swap.net

yep seen this awesome Grin

kramble

sr. member

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Merit: 250

Quote from: bzyzny on February 03, 2014, 05:09:26 PM

Bluedragon, what news did u use?

Code:

Jude: I'll be off to bed shortly, so we'll continue debugging tomorrow if that's OK.

masterkiller

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Blakecoin has been listed at Coin-Swap.net

Topic: [ANN][BLC] Blakecoin Blake-256 for GPU/FPGA With Merged Mined Pools Stable Net - page 131. (Read 409641 times)