Also was there a premine on this?
I started mining when there were 10 blocks and nearly 200 coins, you can check that via getting TX ids. 
Topic: [ANN][Datacoin] Datacoin blockchain start announcement (Minor code upd + logo) - page 85. (Read 171873 times)
November 20, 2013, 04:51:35 PM
November 20, 2013, 04:42:36 PM
Also was there a premine on this?
November 20, 2013, 03:17:45 PM
How many chainsperday are you guys getting??? I'm at 160, but no coins yet at all for past 12 hours.
very hard to solo mine this now nothing for me either for about the same.
November 20, 2013, 03:06:47 PM
So block reward is 15? That's how much I got on last block.
Block reward going lower and lower, difficulty increasing... soon it will be so hard to solomine. I hope there will be a pool for that, especially because we also have pools for XPM with similar algo
November 20, 2013, 02:55:37 PM
So block reward is 15? That's how much I got on last block.
November 20, 2013, 02:41:31 PM
How many chainsperday are you guys getting??? I'm at 160, but no coins yet at all for past 12 hours.
One Ubuntu virtual machine, running on 3 cores, currently reporting 378 chainsperday, with 13 blocks found in the last 12 hours. November 20, 2013, 02:28:43 PM
How many chainsperday are you guys getting??? I'm at 160, but no coins yet at all for past 12 hours.
November 20, 2013, 01:17:26 PM
Anyone selling? Ready to buy 50K DTC for 0.02BTC.
Please make realistic offer.
This would make the total marketcap of DTC at 100$
There is no price defined for this cryptocoin, so I am offering low to see what kind of counteroffer I will receive. I believe that there is not a lot of buyers, so you can make your offer privately, so it didn't devaluate coin price.
November 20, 2013, 12:53:03 PM
Something is not right ... One block I found is "immature" for 10 hours and has only 1 confirmation ... Another one was already OK and then turned to "immature" again ( has 1000 confirmations! )
sometimes orphans are showed in such a way, so you need to restart wallet. i think it is because of adopting network: hashpower is fluctuating, and such issues were faced on early stage of many coins. Datacoin needs more hashpower and more stability 
November 20, 2013, 12:32:09 PM
Something is not right ... One block I found is "immature" for 10 hours and has only 1 confirmation ... Another one was already OK and then turned to "immature" again ( has 1000 confirmations! )
November 20, 2013, 12:21:46 PM
Anyone selling? Ready to buy 50K DTC for 0.02BTC.
Please make realistic offer.
This would make the total marketcap of DTC at 100$
November 20, 2013, 11:58:32 AM
Anyone selling? Ready to buy 50K DTC for 0.02BTC.
lol 50.000 for 0.02?
0.0000004 Each?
November 20, 2013, 11:38:17 AM
Anyone selling? Ready to buy 50K DTC for 0.02BTC.
lol, I think no one has such amount...total 450K generated still, and generation speed is decreasing, leading to ~20-25K per day. maybe you made a mistake and wanted to offer 0.02 BTC for 50 DTC?
November 20, 2013, 11:23:56 AM
Anyone selling? Ready to buy 50K DTC for 0.02BTC.
November 20, 2013, 10:30:40 AM
@maxsolc:
I agree with you, Datacoin should rather be compared to VPS services. I checked around and I see roughly 1BTC per TB per month. So say over 5 years about 60 BTC for 1 TB storage.
You get 20kb storage for 1 DTC (hard coded). So 50 million DTC to store 1 TB.
Therefore 1 DTC = 60BTC/50 000 000 = 0.0000012 BTC
Or 1 BTC = 833 333 DTC
Don't get me wrong - I love this coin because it has real value. It is backed by file storage (and some bandwidth), which is worth something. The assets of the p2p network are bandwidth, file storage and parallel processing. Coins which monetize these assets automatically have value and should be successful. The other coin I like is Gridcoin, which offers BOINC processing.
@oocook5u:
I understand messaging will be implemented in Bitcoin 0.9. The messages will be pruned immediately, so there will be no bloat to the blockchain. Datacoin will therefore have messaging, like all other alts who use or inherit the changes to the Bitcoin client.
I agree with you, Datacoin should rather be compared to VPS services. I checked around and I see roughly 1BTC per TB per month. So say over 5 years about 60 BTC for 1 TB storage.
You get 20kb storage for 1 DTC (hard coded). So 50 million DTC to store 1 TB.
Therefore 1 DTC = 60BTC/50 000 000 = 0.0000012 BTC
Or 1 BTC = 833 333 DTC
Don't get me wrong - I love this coin because it has real value. It is backed by file storage (and some bandwidth), which is worth something. The assets of the p2p network are bandwidth, file storage and parallel processing. Coins which monetize these assets automatically have value and should be successful. The other coin I like is Gridcoin, which offers BOINC processing.
@oocook5u:
I understand messaging will be implemented in Bitcoin 0.9. The messages will be pruned immediately, so there will be no bloat to the blockchain. Datacoin will therefore have messaging, like all other alts who use or inherit the changes to the Bitcoin client.
It's not correct to compare its price with VPS in such way
in case of VPS one user pays for his own storage. In case of Datacoin, roughly speaking, one user pays to all other members of active DTC community. I don't want this coin to be pump-and-dump, because it will lead to complete failure of such great idea. But DTC needs some real value for those who gives their place for storage. Not millions or thousands dollars, but not cents. November 20, 2013, 10:12:33 AM
@maxsolc:
I agree with you, Datacoin should rather be compared to VPS services. I checked around and I see roughly 1BTC per TB per month. So say over 5 years about 60 BTC for 1 TB storage.
You get 20kb storage for 1 DTC (hard coded). So 50 million DTC to store 1 TB.
Therefore 1 DTC = 60BTC/50 000 000 = 0.0000012 BTC
Or 1 BTC = 833 333 DTC
Don't get me wrong - I love this coin because it has real value. It is backed by file storage (and some bandwidth), which is worth something. The assets of the p2p network are bandwidth, file storage and parallel processing. Coins which monetize these assets automatically have value and should be successful. The other coin I like is Gridcoin, which offers BOINC processing.
@oocook5u:
I understand messaging will be implemented in Bitcoin 0.9. The messages will be pruned immediately, so there will be no bloat to the blockchain. Datacoin will therefore have messaging, like all other alts who use or inherit the changes to the Bitcoin client.
I agree with you, Datacoin should rather be compared to VPS services. I checked around and I see roughly 1BTC per TB per month. So say over 5 years about 60 BTC for 1 TB storage.
You get 20kb storage for 1 DTC (hard coded). So 50 million DTC to store 1 TB.
Therefore 1 DTC = 60BTC/50 000 000 = 0.0000012 BTC
Or 1 BTC = 833 333 DTC
Don't get me wrong - I love this coin because it has real value. It is backed by file storage (and some bandwidth), which is worth something. The assets of the p2p network are bandwidth, file storage and parallel processing. Coins which monetize these assets automatically have value and should be successful. The other coin I like is Gridcoin, which offers BOINC processing.
@oocook5u:
I understand messaging will be implemented in Bitcoin 0.9. The messages will be pruned immediately, so there will be no bloat to the blockchain. Datacoin will therefore have messaging, like all other alts who use or inherit the changes to the Bitcoin client.
November 20, 2013, 05:13:14 AM
I see this coin as having huge potential, probably none monetarily for a while, but in terms of informational value, it supercedes any coin to date. Wikileaks could have a huge use for this coin, having whistleblowers post leaks through Datacoin, ensuring anonimity on leakers side, along with the full integrity of the information. Once information of value starts coming in, there will be some serious monetary value to this coin. I'll be looking to get all machines I know running on it!
Yes. Does anyone have possibility to post news on large cryptocurrencies or just IT sites? I created article in big Russian IT community, maybe someone will be interested for using this storage. But it is only Russian, not worldwide. If required, I can translate that post, or anyone other who writes good technical articles can write it and post it to other site.
November 20, 2013, 03:54:39 AM
I see this coin as having huge potential, probably none monetarily for a while, but in terms of informational value, it supercedes any coin to date. Wikileaks could have a huge use for this coin, having whistleblowers post leaks through Datacoin, ensuring anonimity on leakers side, along with the full integrity of the information. Once information of value starts coming in, there will be some serious monetary value to this coin. I'll be looking to get all machines I know running on it!
November 20, 2013, 01:39:06 AM
Personally, I think 1 DC per 1KB would make the mining more valuable. I also think it would be interesting if there was a way to charge for retrieving files from the blockchains. Not sure how that would work though.
Hopefully DTC will gain good value in BTC\USD\etc, so fully loaded block (50+ DTC as I remember) will give good profit to miner.
November 20, 2013, 01:37:10 AM
how many DTC exist right now? anyone know?
There exists ~450K DTC right now. It should be only near 20K DTC per day created when difficulty and network primes\sec balance. Now network is stabilizing, difficulty adjusting
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