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Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 470. (Read 3100004 times)

sr. member
Activity: 378
Merit: 250
What about a Dogecoin Icebucket Challenge? Smiley

legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com


I have a question.

The new Counterparty features for doge, are the doge coins burned as in permanently gone?

If so, how many doge per month are expected to be burned and how many new doge coins usually get minted per month?

I'm trying to figure out if this ever growing inflation and dilution of Doge will ever reverse course as it's always been doge's biggest setback.

Thank you!

No they are not gone. You can't destroy crypto currency. 

They are just on a address that would be very very very hard to generate on purpose.

Like find any of your bitcoin addresses @ www.Directory.io or just try to find some BTC in general. My friends and I have found used wallets before!
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net


I have a question.

The new Counterparty features for doge, are the doge coins burned as in permanently gone?

If so, how many doge per month are expected to be burned and how many new doge coins usually get minted per month?

I'm trying to figure out if this ever growing inflation and dilution of Doge will ever reverse course as it's always been doge's biggest setback.

Thank you!
legendary
Activity: 3570
Merit: 1126

got the email about this thanks. Not sure how I got on the list Wink but thanks for adding my pools to the contact blast. Much easier to keep up-to-date.

Cheers!

www.xpool.ca - DRK Multipool
btcd.xpool.ca - BTCD Multipool
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.

REALLY hope doge gets back up n running. I love the community and concept.
The most significant is this IMHO:

Quote
AuxPoW
Starting with block 371,337 the Dogecoin network will accept AuxPoW blocks from miners of other chains.
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
Yall are forgetting that XDP has a GREATER value than currency! So much more can be done with it!
I don't see why the value of XDP wouldn't rise higher than that of Dogecoin as there are way fewer XDP and can ONLY be created during the initial and short burn period.

Personally, I see XDP going much hire than DOGE!  Roll Eyes O ya and no cap is a great idea!
sr. member
Activity: 322
Merit: 250
3D Printed!
Yall are forgetting that XDP has a GREATER value than currency! So much more can be done with it!
I don't see why the value of XDP wouldn't rise higher than that of Dogecoin as there are way fewer XDP and can ONLY be created during the initial and short burn period.
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
It'd be hilarious if it was a scam though.

I lost a bet that was 2^32... anything is possible!

Ouch, that would mean 1% of all dogecoins belongs to a scammer. Imagine the epic crash that would trigger!

Thankfully, I doubt this is the case.

It would still be significantly less than Bitcoin I would imagine. (less % owned by scammers... I'd imagine BTC is pretty high)
legendary
Activity: 1623
Merit: 1067
https://bleutrade.com/exchange/TRL/DOGE here's a good place to dump your shit trolls & pick up some more Doge
legendary
Activity: 948
Merit: 1026
Although I doubt dogeparty will live up to the hype, there is nothing sketch about the burn process or address.  The same thing was done with bitcoin and they are still intact and worth a hell of a lot more than the doge. 
sr. member
Activity: 462
Merit: 253
It'd be hilarious if it was a scam though.

I lost a bet that was 2^32... anything is possible!

Ouch, that would mean 1% of all dogecoins belongs to a scammer. Imagine the epic crash that would trigger!

Thankfully, I doubt this is the case.
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
It'd be hilarious if it was a scam though.

I lost a bet that was 2^32... anything is possible!
member
Activity: 110
Merit: 10
hi , Is it a scam for Dogeparty?
I can not log in the XDP wallet now, the button didn't work.
when I click the" Try Dogeparty Wallet Testnet!'  ,it get into XCP wallet.
how could we know the burned Doge really being destroyed, instead of being cheated by someone?

 Dogeparty is not a scam... why do you think it is?!

  You can see your burned coins on DDogepartyxxxxxxxxxxxxxxxxxxw1dfzr . After you burn your doges they would show up there.

 You can be sure that they are really burned because you can't generate a private key for that type of adress.  To generate a private key for DDogepartyxxxxxxxxxxxxxxxxxxw1dfzr you would need a really powerful quantum computer and even then it would take few trillion years to do it.

 In theory nobody ever would be able to use the coins on DDogepartyxxxxxxxxxxxxxxxxxxw1dfzr. In practice maybe someday after 100 years someone could have a powerful enough quantum computer... but then every adress on any cryptocoin would be at risk.

 You can read more about Proof of Burn at:  https://en.bitcoin.it/wiki/Proof_of_burn
You are right, I don't consider dogeparty a scam again, the burned doge nobody can own them again.
newbie
Activity: 39
Merit: 0
hi , Is it a scam for Dogeparty?
I can not log in the XDP wallet now, the button didn't work.
when I click the" Try Dogeparty Wallet Testnet!'  ,it get into XCP wallet.
how could we know the burned Doge really being destroyed, instead of being cheated by someone?

 Dogeparty is not a scam... why do you think it is?!

  You can see your burned coins on DDogepartyxxxxxxxxxxxxxxxxxxw1dfzr . After you burn your doges they would show up there.

 You can be sure that they are really burned because you can't generate a private key for that type of adress.  To generate a private key for DDogepartyxxxxxxxxxxxxxxxxxxw1dfzr you would need a really powerful quantum computer and even then it would take few trillion years to do it.

 In theory nobody ever would be able to use the coins on DDogepartyxxxxxxxxxxxxxxxxxxw1dfzr. In practice maybe someday after 100 years someone could have a powerful enough quantum computer... but then every adress on any cryptocoin would be at risk.

 You can read more about Proof of Burn at:  https://en.bitcoin.it/wiki/Proof_of_burn
member
Activity: 110
Merit: 10
hi , Is it a scam for Dogeparty?
I can not log in the XDP wallet now, the button didn't work.
when I click the" Try Dogeparty Wallet Testnet!'  ,it get into XCP wallet.
how could we know the burned Doge really being destroyed, instead of being cheated by someone?
newbie
Activity: 39
Merit: 0
Developper Langer_Hans has news about the switch to auxPoW: It is scheduled to happen at block 371337! Awesome number.

It should be around September 12.

I haven't been keeping up with Doge too often but does this impact the circulation of coins or is that a non-issue
Anyways thanks for sharing lynn, much wow in the future!


 It would be a hard fork. So there would be a new mandatory 1.8 wallet.

 The new wallet is in beta testing at the moment. (only for enthusiasts and bug hunters)

Thanks and does that mean that present dogecoins will be transferred over or a Hardfork as in a re-minting of all coins.
Think I answered my own question but its dogecoins are the rewards for mining with the new script.


 

 Your wallet would probably remind you to update when the new 1.8 wallet becomes available officially. All your doges should be safe no matter where they are. (presumably if you have paper wallets or cold storage, you don't need to move them or do anything)   There is not any change to the doge blockchain. The hard fork is for added security and would not change anything significant about the core properties of the coin itself.



 About mining as I understand it, you would be able to mine litecoin and dogecoin together and receive your reward in what you prefer. I think you would still be able to mine only dogecoin if you prefer but it would be more profitable to mine them together and get your reward as dogecoins.
sr. member
Activity: 462
Merit: 253
hahaha! ninjamined? 3 months POW where everyone could mine, good luck with dogecoin Smiley

Everyone could mine it, but everyone could also mine hundreds of other coins during that period, including dogecoin which was wildly profitable for a while.

Pandacoin is a nice coin, but saying that there's a good distribution is a lie really. The early miners were only a few guys who got lucky when the devs announced the switch to PoS.
member
Activity: 72
Merit: 10
Dogecoin? Shibes, check this out Smiley


Someone from the Pandacoin (PND) community came across a test landing page of the upcoming new website for Pandacoin (PND)'s August 30th major development update to the coin. The dev team had been silent on plans for 2 months and had been hyping up for a release date on August 30th with the marketing slogan of "Rethinking cryptocurrency - cryptocurrency for the masses". 10 new developments had been revealed from the screenshot.

Leaked screenshot reveals -
World's first cryptocurrency designed and packaged specifically for the masses in order to reach mainstream adoption.
World's first altcoin to receive standalone iOS fully functioning wallet.
World's first core wallet designed to simulate an internet banking user interface.

Sources -
Leaked screenshot - http://www.pictureshack.us/images/5948_PND_new_homepage2.jpg
Original leaked source found - https://bitcointalksearch.org/topic/m.8380883
PND Dev team did not deny the leaks with an official statement - https://bitcointalksearch.org/topic/m.8397546
News Article about it - http://www.cryptoarticles.com/crypto-news/pandacoin-aims-to-take-cryptocurrency-to-a-new-level-on-august-30th-and-here-is-how
Big name Bitcoin News Tweet about it - https://twitter.com/TheBitcoinNews/status/501416171196137472

Shibes should definitely consider this Smiley

cool features Cheesy why can't dogecoin work like this? looks very professional


Next scam in the pipeline, nijamined for the last half a year and now looking for suckers to part with money.
[/quote]

hahaha! ninjamined? 3 months POW where everyone could mine, good luck with dogecoin Smiley
legendary
Activity: 966
Merit: 1001
Energy is Wealth


Anybody have a strong feeling doge and LTC are about to be added as real currencies to Coinbase and BitPay?

That would take LTC to $100 and doge to over 1,000 Satoshi.

Let's rock!
If all works well with the fork, much future. People love it http://www.coindesk.com/btctrip-litecoin-dogecoin-travel/
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