Topic: [ANN][Datacoin] Datacoin blockchain start announcement (Minor code upd + logo) - page 79. (Read 171873 times)
November 24, 2013, 11:35:45 PM
any miner for DTC guys?
November 24, 2013, 09:50:01 PM
Buy DTC 1Dtc = 0.00009BTC
Exchange
https://bitcointalksearch.org/topic/btcdtc-google-spreadsheet-exchange-343297
November 24, 2013, 07:48:12 PM
Buy DTC 1Dtc = 0.00009BTC
November 24, 2013, 05:05:40 PM
I am confused about the fees for storing files. What is to stop someone from modifying the code to just insert files for free? From what I understand there is nothing in the algorithm that would actually prevent that.
Thank you for the question. Nothing stops us from modifying mintxfee as soon as txfee isn't a hard rule: block will be accepted with zero tx fee.
There is two kinds of mintxfee:
1) minimal tx fee that limits me (as a miner) to accept tx into block
2) minimal tx fee that limits me (as a node) to relay tx to other nodes
As a miner I can accept lowfee txes into my memory pool but these txes will be accepted by other nodes only with blocks I've mined myself. This means that lowfee txes will reach other nodes much slower.
...and no confidence that it will reach other nodes at all, correct?
Yes.
November 24, 2013, 04:33:47 PM
I am confused about the fees for storing files. What is to stop someone from modifying the code to just insert files for free? From what I understand there is nothing in the algorithm that would actually prevent that.
Thank you for the question. Nothing stops us from modifying mintxfee as soon as txfee isn't a hard rule: block will be accepted with zero tx fee.
There is two kinds of mintxfee:
1) minimal tx fee that limits me (as a miner) to accept tx into block
2) minimal tx fee that limits me (as a node) to relay tx to other nodes
As a miner I can accept lowfee txes into my memory pool but these txes will be accepted by other nodes only with blocks I've mined myself. This means that lowfee txes will reach other nodes much slower.
...and no confidence that it will reach other nodes at all, correct?
November 24, 2013, 04:21:56 PM
I am confused about the fees for storing files. What is to stop someone from modifying the code to just insert files for free? From what I understand there is nothing in the algorithm that would actually prevent that.
Thank you for the question. Nothing stops us from modifying mintxfee as soon as txfee isn't a hard rule: block will be accepted with zero tx fee.
There is two kinds of mintxfee:
1) minimal tx fee that limits me (as a miner) to accept tx into block
2) minimal tx fee that limits me (as a node) to relay tx to other nodes
As a miner I can accept lowfee txes into my memory pool but these txes will be accepted by other nodes only with blocks I've mined myself. This means that lowfee txes will reach other nodes much slower.
November 24, 2013, 03:36:12 PM
Yes, add specs of DTC - how much coins, when subsidy halving, etc
Do you have the specs?
Here is a short spec:
2.000.000.000 coins will be emitted.
Block reward gradually goes down as difficulty rises (no halving) as in Primecoin. But finally it is a bit different from Primecoin: tx fee is high (0.05 DTC per 1Kb) => fully loaded block (1024Kb) gives ~50DTC in plus to block reward. This is expected in future.
Block target is 1 minute.
Max block size is 1Mb.
Max tx size is 128Kb.
November 24, 2013, 02:21:43 PM
Yes, add specs of DTC - how much coins, when subsidy halving, etc
Do you have the specs?
November 24, 2013, 02:13:11 PM
Yes, add specs of DTC - how much coins, when subsidy halving, etc
November 24, 2013, 02:08:30 PM
Now I'm talking to developers and miners in YPool chat, you can also join !
http://ypool.net/chat
And we still need help for mining/pool software , started creation of it, but if you can help, please PM me
http://ypool.net/chat
And we still need help for mining/pool software , started creation of it, but if you can help, please PM me
Botnets will kill this coin if we go there. Look at their top miners.
+1
November 24, 2013, 01:58:28 PM
November 24, 2013, 01:34:25 PM
whats the block size?
1MB per block maximum, blockchain now is near 40 MB
ok and that means the miner gets 1MB???
November 24, 2013, 01:33:15 PM
whats the block size?
1MB per block maximum, blockchain now is near 40 MB
November 24, 2013, 01:20:52 PM
whats the block size?
November 24, 2013, 01:15:05 PM
I have several PCs,and I'v copy one particular wallet.dat to every computer, so it will easy to manage, does it decrease the chance to find block?
no it doesn't
November 24, 2013, 01:09:25 PM
I have several PCs,and I'v copy one particular wallet.dat to every computer, so it will easy to manage, does it decrease the chance to find block?
November 24, 2013, 01:02:49 PM
Now I'm talking to developers and miners in YPool chat, you can also join !
http://ypool.net/chat
And we still need help for mining/pool software , started creation of it, but if you can help, please PM me
http://ypool.net/chat
And we still need help for mining/pool software , started creation of it, but if you can help, please PM me
Botnets will kill this coin if we go there. Look at their top miners.
remember prices, block reward and compare profitability
November 24, 2013, 12:43:50 PM
Now I'm talking to developers and miners in YPool chat, you can also join !
http://ypool.net/chat
And we still need help for mining/pool software , started creation of it, but if you can help, please PM me
http://ypool.net/chat
And we still need help for mining/pool software , started creation of it, but if you can help, please PM me
Botnets will kill this coin if we go there. Look at their top miners.
November 24, 2013, 10:47:01 AM
I'm I wasting my time and energy soloming this with a Core i5?
well people are selling them quite cheap right now so say you get 2 blocks per day thats 30 coins. People are selling at .0001 so you need 10000 to get 1 btc. I guess depends on electricity cost. Probably best to buy whilst cheap. I'm holding for much better price though right now.
You're right, it's awfully cheap. And remember: you need 50 Datacoins to store 1 MB of data. And these 50 Datacoins should be valuable to avoid spamming blockchain in future. I.e. if 1 Datacoin = 1 USD, you won't spend 5MB * 50 USD = 250 USD to store your favourite song here
November 24, 2013, 10:39:32 AM
I'm I wasting my time and energy soloming this with a Core i5?
well people are selling them quite cheap right now so say you get 2 blocks per day thats 30 coins. People are selling at .0001 so you need 10000 to get 1 btc. I guess depends on electricity cost. Probably best to buy whilst cheap. I'm holding for much better price though right now.
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