[ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 500.

IanFoxley

legendary

Activity: 910

Merit: 1000

Just saw this notice, might be useful for some of you

Quote from: Genesis-Mining on June 21, 2014, 02:28:38 AM

Genesis loves all coins!
We do now accept Dogecoin for contract payments! Such mining!

Users that want to support the Dogecoin network can now do so by purchasing hashpower with Doge and mine Doge directly to their wallet.
So Genesis Mining is becoming the first truly multi-coin mining company. We eat our own dogfood!

First user that pays in doge gets a free 10% upgrade on his hashrate!

And we will accept even more crypto-coins in the future!

RodrigoHenrik

member

Activity: 107

Merit: 10

Dogecoin is now available on

DOGE/BTC: https://bleutrade.com/exchange/DOGE/BTC
DOGE/LTC: https://bleutrade.com/exchange/DOGE/LTC

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Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: lynn_402 on June 20, 2014, 07:23:40 PM

Quote from: Bit_Happy on June 20, 2014, 05:59:52 PM

Quote from: lynn_402 on June 20, 2014, 05:48:58 PM

Interesting, albeit really long, discussion about implementing Proof of Stake, by Dogecoin's developpers:
http://www.reddit.com/r/dogecoindev/comments/289ki5/okay_lets_talk_proofofstake/

Congrats to DOGE for breaking the mold and blazing new trails: So far, I read the OP and it's a surprise they can even consider this.
Are there any other coins that completely changed their basic nature, at least among the top 10?
I didn't think this was "allowed", but DOGE might go where no coin has gone before.

Indeed, none in the top 10 have done that! I'm under the impression that Dogecoin's community is more flexible than the others, and the loyal miners wouldn't mind taking a small cut by implementing PoS if it means a more secure future for the coin in the long run (which is not the case in BTC's community, where more than a third of the miners continue to mine at ghash.io)

And it's nice to see that the coin is backed not only by a plethora of awesome users, but also by many intelligent devs and leaders.

However, the case for PoS is a really though call, considering that a few big holders will get most of the new coins. But then again, there won't be that many new coins, and inflation could change to 2.5% instead of 5. Or perhaps the value relative to LTC would go up enough for PoW to remain secure. However, does PoW truly offer a better distribution, considering the huge ASIC farms?

I guess only the future will tell Cheesy

This is a very serious decision:
Is anyone consulting with the founder?
(Not the human, but has the Doggie been asked for an opinion?) Cheesy

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: Bit_Happy on June 20, 2014, 05:59:52 PM

Quote from: lynn_402 on June 20, 2014, 05:48:58 PM

Interesting, albeit really long, discussion about implementing Proof of Stake, by Dogecoin's developpers:
http://www.reddit.com/r/dogecoindev/comments/289ki5/okay_lets_talk_proofofstake/

Congrats to DOGE for breaking the mold and blazing new trails: So far, I read the OP and it's a surprise they can even consider this.
Are there any other coins that completely changed their basic nature, at least among the top 10?
I didn't think this was "allowed", but DOGE might go where no coin has gone before.

Indeed, none in the top 10 have done that! I'm under the impression that Dogecoin's community is more flexible than the others, and the loyal miners wouldn't mind taking a small cut by implementing PoS if it means a more secure future for the coin in the long run (which is not the case in BTC's community, where more than a third of the miners continue to mine at ghash.io)

And it's nice to see that the coin is backed not only by a plethora of awesome users, but also by many intelligent devs and leaders.

However, the case for PoS is a really though call, considering that a few big holders will get most of the new coins. But then again, there won't be that many new coins, and inflation could change to 2.5% instead of 5. Or perhaps the value relative to LTC would go up enough for PoW to remain secure. However, does PoW truly offer a better distribution, considering the huge ASIC farms?

I guess only the future will tell Cheesy

tins

hero member

Activity: 882

Merit: 500

Quote from: lynn_402 on June 20, 2014, 05:48:58 PM

Interesting, albeit really long, discussion about implementing Proof of Stake, by Dogecoin's developpers:
http://www.reddit.com/r/dogecoindev/comments/289ki5/okay_lets_talk_proofofstake/

That is an interesting read. As a miner, I appreciate them not making a rash move, allowing me to continue to build up a few before the possibility of having to switch.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: lynn_402 on June 20, 2014, 05:48:58 PM

Interesting, albeit really long, discussion about implementing Proof of Stake, by Dogecoin's developpers:
http://www.reddit.com/r/dogecoindev/comments/289ki5/okay_lets_talk_proofofstake/

Congrats to DOGE for breaking the mold and blazing new trails: So far, I read the OP and it's a surprise they can even consider this.
Are there any other coins that completely changed their basic nature, at least among the top 10?
I didn't think this was "allowed", but DOGE might go where no coin has gone before.

lynn_402

sr. member

Activity: 462

Merit: 253

Interesting, albeit really long, discussion about implementing Proof of Stake, by Dogecoin's developpers:
http://www.reddit.com/r/dogecoindev/comments/289ki5/okay_lets_talk_proofofstake/

tema

hero member

Activity: 715

Merit: 500

Five Reasons Why the Dogecoin Price Should Rebound Soon ))) http://www.cryptocoinsnews.com/news/five-reasons-why-the-dogecoin-price-should-rebound-soon/2014/06/20

lynn_402

sr. member

Activity: 462

Merit: 253

There's an ASIC group buy going on for Dogecoins, it will end tomorrow.
They've already raised more than 2400$.
If you want to contribute, there's no minimum amount: http://www.reddit.com/r/dogemarket/comments/28gjjq/sg_ss_purchase_micro_shares_of_asic_miners/

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: Lauda on June 20, 2014, 07:50:33 AM

Quote from: lynn_402 on June 20, 2014, 06:54:12 AM

Quote from: Lauda on June 20, 2014, 06:14:19 AM

Why not change the algorithm right now? To prevent possible problems in the future?

Because at the moment, it's the second most secure scrypt coin so there's no need.

Based on what? Total hashrate? That's not what makes it secure at all.

The hashrate is not what makes it secure? I thought that was the whole point of cryptocurrencies Tongue

For now it's at 60gh/s. The three biggest pools wouldn't have enough hashpower to do a 51% attack.
An independant miner would need a 2.5M$ investment in mining hardware to attempt this, and unless he holds more than 10% of all the doges, he would not profit from double-spending.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: lynn_402 on June 20, 2014, 06:54:12 AM

Quote from: Lauda on June 20, 2014, 06:14:19 AM

Why not change the algorithm right now? To prevent possible problems in the future?

Because at the moment, it's the second most secure scrypt coin so there's no need.

Based on what? Total hashrate? That's not what makes it secure at all.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: Lauda on June 20, 2014, 06:14:19 AM

Why not change the algorithm right now? To prevent possible problems in the future?

Because at the moment, it's the second most secure scrypt coin so there's no need.
And since many dogecoin users bought ASICs to secure the network, it would be unfair for them to change now when it's still very profitable.

When the block reward will fall to 30000 in three month, if the price didn't rise considerably, it might be wise to reconsider.

Quote from: freedomno1 on June 20, 2014, 04:37:32 AM

Well touche Lynn anyways I like the name Mcshibe sounds classy in my mind

I agree

I had lost hope that a dogecoin-related burger would win because of McDonald's censorship, that's a pleasant surprise.

yixuez

member

Activity: 61

Merit: 10

Quote from: Lauda on June 20, 2014, 06:14:19 AM

Quote from: lynn_402 on June 17, 2014, 09:12:08 PM

Quote from: Hueristic on June 17, 2014, 09:02:53 PM

Fact, not FUD. Take the blinders off. Don't forget I'm a holder and supporter myself just not delusional.

Dogecoin has the advantage of having a smaller and thus more flexible userbase dans Bitcoin's. If 51% attacks end up being a considerable threat in the future, a change of algorithm could happen; the developpers have talked about this a few times.

Why not change the algorithm right now? To prevent possible problems in the future?

aggreed.
if changed, I wish this coin will be good in the future.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: lynn_402 on June 17, 2014, 09:12:08 PM

Quote from: Hueristic on June 17, 2014, 09:02:53 PM

Fact, not FUD. Take the blinders off. Don't forget I'm a holder and supporter myself just not delusional.

Dogecoin has the advantage of having a smaller and thus more flexible userbase dans Bitcoin's. If 51% attacks end up being a considerable threat in the future, a change of algorithm could happen; the developpers have talked about this a few times.

Why not change the algorithm right now? To prevent possible problems in the future?

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: robbo389 on June 19, 2014, 02:56:24 PM

Quote from: mstrongbow on June 19, 2014, 02:45:14 PM

Hot off the grill!!!

DOGE-Dogs! Featuring a 100% Shibe-Free bun!

Snoop DOGE-Dog would probably sue. Grin

Snoop Dog made a tweet or 2 about BTC (I think I remember that correctly) has he ever mentioned DOGE?

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Quote from: lynn_402 on June 19, 2014, 02:27:57 PM

Quote from: Bit_Happy on June 19, 2014, 02:22:33 PM

McDoge was not this community's finest moment. How could anyone think that was a good idea?

Well, to be fair, that worked quite well for the guy who invented Hot-dogs Tongue

Well touche Lynn anyways I like the name Mcshibe sounds classy in my mind

FiniteByDesign

legendary

Activity: 1397

Merit: 1022

NEW PRODUCT!

Finite By Design LLC is pleased to announce 1 Ounce Nickel and 1 Ounce Copper DOGE COINS!

Antique struck for durability! These proofs each come with a hologram for placement on the reverse of the proof. The customer can add a private key if they desire to add DOGE to the physical piece.

Cost is $30 for singles and $250 for 10, plus shipping and handling.

Only 100 of each available.

mstrongbow

sr. member

Activity: 322

Merit: 250

3D Printed!

Quote from: robbo389 on June 19, 2014, 02:56:24 PM

Quote from: mstrongbow on June 19, 2014, 02:45:14 PM

Hot off the grill!!!

DOGE-Dogs! Featuring a 100% Shibe-Free bun!

Snoop DOGE-Dog would probably sue. Grin

hehehehe lmaorotf

robbo389

newbie

Activity: 56

Merit: 0

Quote from: mstrongbow on June 19, 2014, 02:45:14 PM

Hot off the grill!!!

DOGE-Dogs! Featuring a 100% Shibe-Free bun!

Snoop DOGE-Dog would probably sue. Grin

mstrongbow

sr. member

Activity: 322

Merit: 250

3D Printed!

Hot off the grill!!!

DOGE-Dogs! Featuring a 100% Shibe-Free bun!

Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 500. (Read 3100004 times)