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Topic: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY - page 354. (Read 1076368 times)

sr. member
Activity: 536
Merit: 252
https://coin-horse.com/?rec=126 , is that pointing to a einsteinium member account or was it a mistake? If you ask me, I think rec=75 looks much better.

That was a mistake on my part (Ryan), the link has been corrected to point directly to the Einsteinium coin section of that site. Thanks for pointing it out.

"rec=75" does look pretty good. You should add it to your signature!
sr. member
Activity: 588
Merit: 250
https://coin-horse.com/?rec=126 , is that pointing to a einsteinium member account or was it a mistake? If you ask me, I think rec=75 looks much better.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
The faster they rise, the harder they fall.  EMC2 is building a solid foundation.  900-1000 satoshi for epoch 2 is fine with me.

I'm sure dev team will have another algo fully tested but won't implement it unless necessary.


-tb-

They did in fact text X11 on the testnet a while back

If EMC2 went for X11 it would have tanked very hard after the pump on Kimoto Gravity exploit. DigiShield is probably the best option for now. All other algorithms need special settings and most shy away, even I couldn't get say Scrypt-N to mine, had some issues with X11 .. but it's just easier this way.


If it ain't broken, don't fix it...


-tb-

Well that's a vote for "no innovation". I'd love to hear you are still mining at xxx Kh/s against one guy mining at 250 MH/s and dumping at 500 then 300 then 150 satoshis.


I'm a gambling man.  I'm willing to put up a few btc in an escrow of your choice (reputable of course) and say the dumping you mentioned won't happen.

I will be the guy with three new asic when they deliver and will be mining and holding EMC2...  and if the team switch algo, I will adapt.


-tb-


I will take that bet if we agree to certain conditions:

1.) Algorithm. Must stay current Scrypt in order for bet to be valid. Adaptives or other variables not eligible.
2.) Dumping. Must be clearly defined by volume and prices. I will think about this and would take input from suggestions.
3.) Time period. Obviously we should start immediately after agreeing to conditions. I am assuming in 120-days ASICs should be prolific, so that seems like a good figure.
4.) Escrow and amount. I do not have any escrow suggestions, maybe someone out there can advise? I would like to wager 1 BTC.

1. Agreed
2. Sure, just define the volume and prices. I've been digging through the charts and looking at walls. I recommend that our point be at 450 sat or .00000450 BTC. The volume can be anything and is too variable to define, but the price point well indicates a dump.
3. Define time period. I am in USA - Eastern time zone. I was thinking start Monday 04/21/14 at 6 PM EST. This is of course dependant on trusted escrow provider. Ends 120 days from start, i.e. if we do start Monday end date would be August 18th, 2014 if value had not reached amount above.
4. Can anyone suggest an escrow service? 

The BTC I take from you will go to EMC2 Foundation...   Smiley I love it, good luck!


-tb-


I'm good with the price point at 450 satoshi but on which exchange?
I'm on eastern time zone as well and time frame is good as well.  So on August 18th at 6PM, if price is above 450 satoshi, I take your BTC which will then be donated to the foundation.  If it's below 450 satoshi, you take my BTC. 

FYI, I am not affiliated with EMC2.  I'm just a supporter of the coin and the ideas behind it.


-tb-


I think you guys should define what under 450 sat means.. on one exchange?? I hope not as I can do that without even using half my stack..

Maybee something like average over 24 hours on 3 highest volume exchanges..

legendary
Activity: 1694
Merit: 1054
Point. Click. Blockchain
The faster they rise, the harder they fall.  EMC2 is building a solid foundation.  900-1000 satoshi for epoch 2 is fine with me.

I'm sure dev team will have another algo fully tested but won't implement it unless necessary.


-tb-

They did in fact text X11 on the testnet a while back

If EMC2 went for X11 it would have tanked very hard after the pump on Kimoto Gravity exploit. DigiShield is probably the best option for now. All other algorithms need special settings and most shy away, even I couldn't get say Scrypt-N to mine, had some issues with X11 .. but it's just easier this way.


If it ain't broken, don't fix it...


-tb-

Well that's a vote for "no innovation". I'd love to hear you are still mining at xxx Kh/s against one guy mining at 250 MH/s and dumping at 500 then 300 then 150 satoshis.


I'm a gambling man.  I'm willing to put up a few btc in an escrow of your choice (reputable of course) and say the dumping you mentioned won't happen.

I will be the guy with three new asic when they deliver and will be mining and holding EMC2...  and if the team switch algo, I will adapt.


-tb-


I will take that bet if we agree to certain conditions:

1.) Algorithm. Must stay current Scrypt in order for bet to be valid. Adaptives or other variables not eligible.
2.) Dumping. Must be clearly defined by volume and prices. I will think about this and would take input from suggestions.
3.) Time period. Obviously we should start immediately after agreeing to conditions. I am assuming in 120-days ASICs should be prolific, so that seems like a good figure.
4.) Escrow and amount. I do not have any escrow suggestions, maybe someone out there can advise? I would like to wager 1 BTC.

1. Agreed
2. Sure, just define the volume and prices. I've been digging through the charts and looking at walls. I recommend that our point be at 450 sat or .00000450 BTC. The volume can be anything and is too variable to define, but the price point well indicates a dump.
3. Define time period. I am in USA - Eastern time zone. I was thinking start Monday 04/21/14 at 6 PM EST. This is of course dependant on trusted escrow provider. Ends 120 days from start, i.e. if we do start Monday end date would be August 18th, 2014 if value had not reached amount above.
4. Can anyone suggest an escrow service? 

The BTC I take from you will go to EMC2 Foundation...   Smiley I love it, good luck!


-tb-


I'm good with the price point at 450 satoshi but on which exchange?
I'm on eastern time zone as well and time frame is good as well.  So on August 18th at 6PM, if price is above 450 satoshi, I take your BTC which will then be donated to the foundation.  If it's below 450 satoshi, you take my BTC. 

FYI, I am not affiliated with EMC2.  I'm just a supporter of the coin and the ideas behind it.


-tb-
member
Activity: 116
Merit: 10
The faster they rise, the harder they fall.  EMC2 is building a solid foundation.  900-1000 satoshi for epoch 2 is fine with me.

I'm sure dev team will have another algo fully tested but won't implement it unless necessary.


-tb-

They did in fact text X11 on the testnet a while back

If EMC2 went for X11 it would have tanked very hard after the pump on Kimoto Gravity exploit. DigiShield is probably the best option for now. All other algorithms need special settings and most shy away, even I couldn't get say Scrypt-N to mine, had some issues with X11 .. but it's just easier this way.


If it ain't broken, don't fix it...


-tb-

Well that's a vote for "no innovation". I'd love to hear you are still mining at xxx Kh/s against one guy mining at 250 MH/s and dumping at 500 then 300 then 150 satoshis.


I'm a gambling man.  I'm willing to put up a few btc in an escrow of your choice (reputable of course) and say the dumping you mentioned won't happen.

I will be the guy with three new asic when they deliver and will be mining and holding EMC2...  and if the team switch algo, I will adapt.


-tb-


I will take that bet if we agree to certain conditions:

1.) Algorithm. Must stay current Scrypt in order for bet to be valid. Adaptives or other variables not eligible.
2.) Dumping. Must be clearly defined by volume and prices. I will think about this and would take input from suggestions.
3.) Time period. Obviously we should start immediately after agreeing to conditions. I am assuming in 120-days ASICs should be prolific, so that seems like a good figure.
4.) Escrow and amount. I do not have any escrow suggestions, maybe someone out there can advise? I would like to wager 1 BTC.

1. Agreed
2. Sure, just define the volume and prices. I've been digging through the charts and looking at walls. I recommend that our point be at 450 sat or .00000450 BTC. The volume can be anything and is too variable to define, but the price point well indicates a dump.
3. Define time period. I am in USA - Eastern time zone. I was thinking start Monday 04/21/14 at 6 PM EST. This is of course dependant on trusted escrow provider. Ends 120 days from start, i.e. if we do start Monday end date would be August 18th, 2014 if value had not reached amount above.
4. Can anyone suggest an escrow service? 

The BTC I take from you will go to EMC2 Foundation...   Smiley I love it, good luck!


-tb-

sr. member
Activity: 574
Merit: 250
When is the winner for epoch 2 going to be announced, voting stopped i think right? or is today the last day

Voting ends tomorrow, winner will be announced shortly there after. We'll also be releasing a calendar to cover the next 12 months of voting.

ook cool
legendary
Activity: 1694
Merit: 1054
Point. Click. Blockchain
The faster they rise, the harder they fall.  EMC2 is building a solid foundation.  900-1000 satoshi for epoch 2 is fine with me.

I'm sure dev team will have another algo fully tested but won't implement it unless necessary.


-tb-

They did in fact text X11 on the testnet a while back

If EMC2 went for X11 it would have tanked very hard after the pump on Kimoto Gravity exploit. DigiShield is probably the best option for now. All other algorithms need special settings and most shy away, even I couldn't get say Scrypt-N to mine, had some issues with X11 .. but it's just easier this way.


If it ain't broken, don't fix it...


-tb-

Well that's a vote for "no innovation". I'd love to hear you are still mining at xxx Kh/s against one guy mining at 250 MH/s and dumping at 500 then 300 then 150 satoshis.


I'm a gambling man.  I'm willing to put up a few btc in an escrow of your choice (reputable of course) and say the dumping you mentioned won't happen.

I will be the guy with three new asic when they deliver and will be mining and holding EMC2...  and if the team switch algo, I will adapt.


-tb-


I will take that bet if we agree to certain conditions:

1.) Algorithm. Must stay current Scrypt in order for bet to be valid. Adaptives or other variables not eligible.
2.) Dumping. Must be clearly defined by volume and prices. I will think about this and would take input from suggestions.
3.) Time period. Obviously we should start immediately after agreeing to conditions. I am assuming in 120-days ASICs should be prolific, so that seems like a good figure.
4.) Escrow and amount. I do not have any escrow suggestions, maybe someone out there can advise? I would like to wager 1 BTC.

I'm willing to escrow this bet.


If airwalker2662 agree, then we will use you as escrow.  Thanks.


-tb-
member
Activity: 116
Merit: 10
Truth is, right now, none of the coming hashing algorithms actually solve anything, they're just PR stunts to help the coin lift off faster. Do you know of all the algo's out there, and are you keeping up with all the coins communities? I think it's quite something to say that everything out there that is new is merely a PR stunt.

I am up to date as humanly possible with the hashing algorithms currently present in launched coins. Solution - the act of solving a problem and not postponing it. Please keep in mind that you also haven't stated what you consider the problem to be nor what the solution provided is(for what problem). Things I made perfectly clear in my previous stated personal opinion.

This will be my final response directed towards you or this issue, I've taken time to check your post history and I came to the conclusion based on your way of arguing that you nitpick on small things for the sake of escalating or furthering the argument without factual elements.

Thank you for taking time out to read my lengthy post history, it might have been all of 8 in this thread and 20 total. You must have missed something though - I have stated in almost every post what I believe the problem to be. Hint: starts with an "A" and ryhmes with "basic". Bonus points are for the terms "efficiency" and "heat". Thank you for your reply though, as a member of the team to just disregard input shows me it's time to sell and move on.







legendary
Activity: 1694
Merit: 1054
Point. Click. Blockchain
The faster they rise, the harder they fall.  EMC2 is building a solid foundation.  900-1000 satoshi for epoch 2 is fine with me.

I'm sure dev team will have another algo fully tested but won't implement it unless necessary.


-tb-

They did in fact text X11 on the testnet a while back

If EMC2 went for X11 it would have tanked very hard after the pump on Kimoto Gravity exploit. DigiShield is probably the best option for now. All other algorithms need special settings and most shy away, even I couldn't get say Scrypt-N to mine, had some issues with X11 .. but it's just easier this way.


If it ain't broken, don't fix it...


-tb-

Well that's a vote for "no innovation". I'd love to hear you are still mining at xxx Kh/s against one guy mining at 250 MH/s and dumping at 500 then 300 then 150 satoshis.


I'm a gambling man.  I'm willing to put up a few btc in an escrow of your choice (reputable of course) and say the dumping you mentioned won't happen.

I will be the guy with three new asic when they deliver and will be mining and holding EMC2...  and if the team switch algo, I will adapt.


-tb-


I will take that bet if we agree to certain conditions:

1.) Algorithm. Must stay current Scrypt in order for bet to be valid. Adaptives or other variables not eligible.
2.) Dumping. Must be clearly defined by volume and prices. I will think about this and would take input from suggestions.
3.) Time period. Obviously we should start immediately after agreeing to conditions. I am assuming in 120-days ASICs should be prolific, so that seems like a good figure.
4.) Escrow and amount. I do not have any escrow suggestions, maybe someone out there can advise? I would like to wager 1 BTC.

1. Agreed
2. Sure, just define the volume and prices
3. Define time period
4. Can anyone suggest an escrow service? 

The BTC I take from you will go to EMC2 Foundation...   Smiley


-tb-
newbie
Activity: 42
Merit: 0
Truth is, right now, none of the coming hashing algorithms actually solve anything, they're just PR stunts to help the coin lift off faster. Do you know of all the algo's out there, and are you keeping up with all the coins communities? I think it's quite something to say that everything out there that is new is merely a PR stunt.

I am up to date as humanly possible with the hashing algorithms currently present in launched coins. Solution - the act of solving a problem and not postponing it. Please keep in mind that you also haven't stated what you consider the problem to be nor what the solution provided is(for what problem). Things I made perfectly clear in my previous stated personal opinion.

This will be my final response directed towards you or this issue, I've taken time to check your post history and I came to the conclusion based on your way of arguing that you nitpick on small things for the sake of escalating or furthering the argument without factual elements.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
When is the winner for epoch 2 going to be announced, voting stopped i think right? or is today the last day

Voting ends tomorrow, winner will be announced shortly there after. We'll also be releasing a calendar to cover the next 12 months of voting.
sr. member
Activity: 574
Merit: 250
When is the winner for epoch 2 going to be announced, voting stopped i think right? or is today the last day
member
Activity: 116
Merit: 10

Well that's a vote for "no innovation". I'd love to hear you are still mining at xxx Kh/s against one guy mining at 250 MH/s and dumping at 500 then 300 then 150 satoshis.


I'd like to make something clear here. Copying a code from another fork and implementing in your own rebranded coin isn't innovation either. In order to innovate, certain problems that need solutions that cannot be solved(effectively or efficiently) using current ways of doing need to arise for them to call innovation.

Truth is, right now, none of the coming hashing algorithms actually solve anything, they're just PR stunts to help the coin lift off faster. And a more to-the-root-of-things way of looking is the following: cryptocurrencies are a new technology that poses new problems so the presence or lack of ASICs to a coin ecosystem has yet to be proven in anyway helpful or detrimental. Without proper data we cannot hope to provide a proper solution.

(Disclaimer: this is my own personal opinion and it DOES NOT represent the opinion of the team)

Copying a code from another fork and implementing in your own rebranded coin isn't innovation either. Is this coin not already a fork and rebrand of a current algorithm? Nevermind, to be fair I am talking about the future of this coin in it's current algorithm against ASICs. At no point did I say you need to use X algorithm - however, I have made a suggestion to check out ones in the past that are efficient.

Truth is, right now, none of the coming hashing algorithms actually solve anything, they're just PR stunts to help the coin lift off faster. Do you know of all the algo's out there, and are you keeping up with all the coins communities? I think it's quite something to say that everything out there that is new is merely a PR stunt.

(Disclaimer: this is my own personal opinion and it DOES NOT represent the opinion of the team) I am grateful you stated that. Otherwise it would seem that myself and it seems that many of those who have been supporting this coin, may not have the best representative of the communities interest. I remember reading talk earlier about changing the platform, then the news died, then the subject became hard to approach. I am close to giving up on giving my input and support. After all, thankfully there are many options out there with unique ideas and involvement.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
The faster they rise, the harder they fall.  EMC2 is building a solid foundation.  900-1000 satoshi for epoch 2 is fine with me.

I'm sure dev team will have another algo fully tested but won't implement it unless necessary.


-tb-

They did in fact text X11 on the testnet a while back

If EMC2 went for X11 it would have tanked very hard after the pump on Kimoto Gravity exploit. DigiShield is probably the best option for now. All other algorithms need special settings and most shy away, even I couldn't get say Scrypt-N to mine, had some issues with X11 .. but it's just easier this way.


If it ain't broken, don't fix it...


-tb-

Well that's a vote for "no innovation". I'd love to hear you are still mining at xxx Kh/s against one guy mining at 250 MH/s and dumping at 500 then 300 then 150 satoshis.


I'm a gambling man.  I'm willing to put up a few btc in an escrow of your choice (reputable of course) and say the dumping you mentioned won't happen.

I will be the guy with three new asic when they deliver and will be mining and holding EMC2...  and if the team switch algo, I will adapt.


-tb-


I will take that bet if we agree to certain conditions:

1.) Algorithm. Must stay current Scrypt in order for bet to be valid. Adaptives or other variables not eligible.
2.) Dumping. Must be clearly defined by volume and prices. I will think about this and would take input from suggestions.
3.) Time period. Obviously we should start immediately after agreeing to conditions. I am assuming in 120-days ASICs should be prolific, so that seems like a good figure.
4.) Escrow and amount. I do not have any escrow suggestions, maybe someone out there can advise? I would like to wager 1 BTC.

I'm willing to escrow this bet.
full member
Activity: 154
Merit: 100


http://emc2.lifeforce.info

System: Prop Stratum VarDiff
Pay Interval: Every 60 Seconds (for confirmed blocks)
Fee: 0.75%
Current Pool Hashrate: ~400MH/s
Current Pool Workers: ~300
Multi-Pool Shoutbox: Enabled
Stratums Available: 12
Stratum Locations: 

full member
Activity: 126
Merit: 100
newbie
Activity: 42
Merit: 0

Well that's a vote for "no innovation". I'd love to hear you are still mining at xxx Kh/s against one guy mining at 250 MH/s and dumping at 500 then 300 then 150 satoshis.


I'd like to make something clear here. Copying a code from another fork and implementing in your own rebranded coin isn't innovation either. In order to innovate, certain problems that need solutions that cannot be solved(effectively or efficiently) using current ways of doing need to arise for them to call innovation.

Truth is, right now, none of the coming hashing algorithms actually solve anything, they're just PR stunts to help the coin lift off faster. And a more to-the-root-of-things way of looking is the following: cryptocurrencies are a new technology that poses new problems so the presence or lack of ASICs to a coin ecosystem has yet to be proven in anyway helpful or detrimental. Without proper data we cannot hope to provide a proper solution.

(Disclaimer: this is my own personal opinion and it DOES NOT represent the opinion of the team)
sr. member
Activity: 588
Merit: 250
HwM
member
Activity: 119
Merit: 10
I don't think an asic resistant algo will be implemented, since some of 'the team' have asic's coming in.

Could you provide a source on that one?
Yeah you make good points. The asics won't be released for a little while, so if we have a solid foundation by then, i think we should be good. It could actually help indeed. If they were released tmrw, tho, i'd be a bit worried. Like you said tho, asics are the future, they'll be made for most algos eventually anyway. I just hope we'll be a solid enough coin when they come out for scrypt so that they help us instead of hurting.

Regardless of changing, even with having scrypt I have always thought emc2 has serious potential. I think at some point einsteinium will be seen as being a big-time contender in the scrypt world.

To be honest, I wish they were here already. I know our team has some coming in and we'll have a fair amount of hashpower to secure the network. But yeah, I do think that EMC2 will grow into that crypto leader that we see it getting to.

Smiley

...
I'm sure dev team will have another algo fully tested but won't implement it unless necessary.

-tb-

I don't think an asic resistant algo will be implemented, since some of 'the team' have asic's coming in.

It was already included in my original post you quoted...
member
Activity: 116
Merit: 10
The faster they rise, the harder they fall.  EMC2 is building a solid foundation.  900-1000 satoshi for epoch 2 is fine with me.

I'm sure dev team will have another algo fully tested but won't implement it unless necessary.


-tb-

They did in fact text X11 on the testnet a while back

If EMC2 went for X11 it would have tanked very hard after the pump on Kimoto Gravity exploit. DigiShield is probably the best option for now. All other algorithms need special settings and most shy away, even I couldn't get say Scrypt-N to mine, had some issues with X11 .. but it's just easier this way.


If it ain't broken, don't fix it...


-tb-

Well that's a vote for "no innovation". I'd love to hear you are still mining at xxx Kh/s against one guy mining at 250 MH/s and dumping at 500 then 300 then 150 satoshis.


I'm a gambling man.  I'm willing to put up a few btc in an escrow of your choice (reputable of course) and say the dumping you mentioned won't happen.

I will be the guy with three new asic when they deliver and will be mining and holding EMC2...  and if the team switch algo, I will adapt.


-tb-


I will take that bet if we agree to certain conditions:

1.) Algorithm. Must stay current Scrypt in order for bet to be valid. Adaptives or other variables not eligible.
2.) Dumping. Must be clearly defined by volume and prices. I will think about this and would take input from suggestions.
3.) Time period. Obviously we should start immediately after agreeing to conditions. I am assuming in 120-days ASICs should be prolific, so that seems like a good figure.
4.) Escrow and amount. I do not have any escrow suggestions, maybe someone out there can advise? I would like to wager 1 BTC.
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