Is solo still the only way to get this coin - im finding it really hard to find a block even though my hash is around 12.
No pool yet. Just solo and be patient.
Topic: [ANN][BMR] Bitmonero - a new coin based on CryptoNote technology - LAUNCHED - page 11. (Read 68802 times)
April 21, 2014, 10:20:11 PM
No pool yet. Just solo and be patient.
April 21, 2014, 10:19:27 PM
Is solo still the only way to get this coin - im finding it really hard to find a block even though my hash is around 12.
April 21, 2014, 10:17:30 PM
Difficulty still skyrocketing. At this rate BMR may pass BCN within the next day or so.
April 21, 2014, 09:24:53 PM
Difficulty = 210k. 
April 21, 2014, 08:57:17 PM
Fork would be good. This (Bitmonero) and the other "HoneyPenny" sound both terrible. We need a good Cryptonote based coin that has probably a preannouncement, no premine or at least honest premine, websites registered before launch and a good name like Bitnote or sth. If someone is to create a new fork with these things in mind, I'm supporting.
We can just rename it too, like what was done with PeerCoin. Some kind of monero or esperanto derivative.
So far the initial distribution is very good -- reminds me a lot of Litecoin.
I agree, we have a good thing going here. My earlier mention of network difficulty being 120k needs to be updated -- it's 191k as of an hour ago (equivalent to 380k BCN). This shows significant interest. The parameters are solid so the only sensible thing to change is the name, which can be done easily at this stage. Maybe TFT did acquire those domains and we're good to go...
Also, I believe you said solo mining becomes hard at diff = 250k with a single CPU? We're almost there already. A pool implementation may be needed sooner than thought.
April 21, 2014, 08:32:19 PM
Fork would be good. This (Bitmonero) and the other "HoneyPenny" sound both terrible. We need a good Cryptonote based coin that has probably a preannouncement, no premine or at least honest premine, websites registered before launch and a good name like Bitnote or sth. If someone is to create a new fork with these things in mind, I'm supporting.
We can just rename it too, like what was done with PeerCoin. Some kind of monero or esperanto derivative.
So far the initial distribution is very good -- reminds me a lot of Litecoin.
April 21, 2014, 07:56:30 PM
Wow, difficulty is going sky high today
Thanks to your trade yesterday giving it some initial seed value
I wonder if the $2.50 I paid for that 100 BMR is worth more than the electricity it cost to mine that much.
Higher difficulty is great. Fewer coins for us, but widespread distribution is the cornerstone of functioning exchange medium.
More auctions coming. I plan to continue running auctions on these coins until there are good exchanges.
Doing a BCN auction right now. https://bitcointalksearch.org/topic/m.6328204
I also have an OTC exchange thread for BMR, but no one has used it yet: https://bitcointalksearch.org/topic/closed-mro-monero-trading-thread-and-otc-xchg-578192
April 21, 2014, 07:52:34 PM
Wow, difficulty is going sky high today
Thanks to your trade yesterday giving it some initial seed value
I wonder if the $2.50 I paid for that 100 BMR is worth more than the electricity it cost to mine that much.
Higher difficulty is great. Fewer coins for us, but widespread distribution is the cornerstone of functioning exchange medium.
April 21, 2014, 07:50:33 PM
Wow, difficulty is going sky high today
Thanks to your trade yesterday giving it some initial seed value
April 21, 2014, 07:39:06 PM
Wow, difficulty is going sky high today
April 21, 2014, 07:14:18 PM
Ultimately the point I was trying to get across was that we should give a coin the best name possible, regardless of what TLDs are available.
April 21, 2014, 07:07:01 PM
The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.
I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.
Again, using any ICANN sanctioned domain is pointless because the domain can be seized and the coin can be maliciously forked.
The bigger question is, what is the best way to distribute binaries that would safeguard against malicious takeovers? At this point I don't really have an answer that would be scalable. But I do think we need to get out of the habit of hosting binaries on dot org sites, especially when it pertains to privacy focused cryptos.
The purpose of a web site at this point is to distribute information, to server as a convenient point of reference for resources such as pools, exchanges, this or another forum, etc.
Binaries, who knows. Any method has its issues.
Once the coin is more established the web site isn't needed as much, because the various resources will be known directly.
April 21, 2014, 07:06:10 PM
The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.
I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.
Again, using any ICANN sanctioned domain is pointless because the domain can be seized and the coin can be maliciously forked.
The bigger question is, what is the best way to distribute binaries that would safeguard against malicious takeovers? At this point I don't really have an answer that would be scalable. But I do think we need to get out of the habit of hosting binaries on dot org sites, especially when it pertains to privacy focused cryptos.
Upload it on datacoin blockchain
April 21, 2014, 07:02:57 PM
The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.
I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.
Again, using any ICANN sanctioned domain is pointless because the domain can be seized and the coin can be maliciously forked.
The bigger question is, what is the best way to distribute binaries that would safeguard against malicious takeovers? At this point I don't really have an answer that would be scalable. But I do think we need to get out of the habit of hosting binaries on dot org sites, especially when it pertains to privacy focused cryptos.
April 21, 2014, 06:27:45 PM
The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.
I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.
Again, using any ICANN sanctioned domain is pointless because the domain can be seized and the coin can be maliciously forked.
April 21, 2014, 06:26:02 PM
The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.
I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.
Again, using any ICANN sanctioned domain is pointless because the domain can be seized and the coin can be maliciously forked.
April 21, 2014, 06:19:51 PM
Read this from honeypenny https://bitcointalksearch.org/topic/m.6329851
Either commitment (good) or scam (not good).
Considering how premine (which is supposed to go in the same direction) is considered in the cryptocircles, this initiative may be unsucessfull. Anyway, interesting to read.
Either commitment (good) or scam (not good).
Considering how premine (which is supposed to go in the same direction) is considered in the cryptocircles, this initiative may be unsucessfull. Anyway, interesting to read.
April 21, 2014, 06:16:17 PM
Fork would be good. This (Bitmonero) and the other "HoneyPenny" sound both terrible. We need a good Cryptonote based coin that has probably a preannouncement, no premine or at least honest premine, websites registered before launch and a good name like Bitnote or sth. If someone is to create a new fork with these things in mind, I'm supporting.
It had a pre-ann and no premine. One could argue launching without a GUI wallet was a poor idea but you can't actually trade with this currency yet. All you can do is mine to secure the network and that's overwhelmingly done by command line in all altcoins (cgminer, sgminer, etc.).
Repeatedly relaunching isn't going to accomplish anything. This coin solved two of the most pressing issues: BCN's 80% mining in the deep web and BCN's extremely fast emission schedule. It also proved its worth by fixing the blockchain bug in BCN's latest release and acquiring 120k difficulty (equivalent to 240k in BCN) just a few days after launch.
That said, I'd be in favor of a renaming. Bitmonero sounds alright after you hear it enough times, but there are more appealing names to English and Chinese speakers, who together form 90% of the market. No relaunch needed. All it would involve is renaming some files since no CN coin is actually on an exchange and we don't have a website.
BitNote would actually be a great name -- it simultaneously shows affinity with CryptoNote from the name similarity and continues the proud ByteCoin tradition of having the same name as a dead coin (BNT: https://bitcointalksearch.org/topic/annbnt-bitnote-is-launching-420341). We'd be BTN, of course.
April 21, 2014, 06:12:49 PM
Sent you a PM Smooth
April 21, 2014, 06:09:34 PM
Services still needed:
- Official exchange
- Pool and open source pool software
- GUI wallet
- Faucet
I will try to work on GUI as I have time, I'm getting back into doing stuff for MC2
- Official exchange
- Pool and open source pool software
- GUI wallet
- Faucet
I will try to work on GUI as I have time, I'm getting back into doing stuff for MC2
Add website to the list. It's a "service" in a way. HoneyPenny even has one (http://honeypenny.org/).
Sombody registered the domain names bitmonero.com and bitmonero.org just yesterday. If it wasn't the OP he screwed up big time and we should just do an immediate code fork to rename it to something where we control the domain names.
The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem.
I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one.
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