People discovered the lies behind Nimiq and started to complain about their great tech. Everyone gets an instant ban after asking few simple questions.
BubsToday at 4:09 PM
I always figured that Chugwig has 10 million NIM and is trying to pump up the price here to stem his losses :grinning:
tony.philippToday at 4:12 PM
everybody has its own interests to pump and dump
BubsToday at 4:13 PM
I'm not necessarily a FUD spreader, but then I did use about $900 in cloud computing credits to mine about what is now $20 worth of NIM... so I might still be a bit bitter about that :slight_smile:
tony.philippToday at 4:13 PM
wow
how much nims did you mine Bubs with $900 of cloud computing credits ?
3 M ?
BubsToday at 4:14 PM
I had about 20,000 at one point. The difficulty was harder earlier on.
I probably wasted my first $100 trying to use the web miner, until I realized that the web miner sucked and the node.js miner worked 10 times better
tony.philippToday at 4:19 PM
yea the webminer it's a scam demo
BubsToday at 4:19 PM
But, hey, at least I didn't fund the ICO. If this project fails, those people are feel like they paid for a Costa Rican vacation for the dev team. With 95% losses, they might already feel that way.
brantje | SushiPool.comToday at 4:19 PM
@tony.philipp scam? How so? They never advertised it. It's more a tech demo
tony.philippToday at 4:20 PM
it is still their only USP
brantje | SushiPool.comToday at 4:20 PM
Nope
https://github.com/nimiq/woocommerce-gateway-nimiqtony.philippToday at 4:20 PM
bitcoin and eth has already woocommerce integration
brantje | SushiPool.comToday at 4:20 PM
Get your fact's straight before fudding.
So?
Nimiq != BTC != ETH
Complete diff chain
tony.philippToday at 4:21 PM
i don't want to sound like a fud
but nimiq blockchain is inferior to Bitcoin blockchain which is inferior to Eth blockchain
brantje | SushiPool.comToday at 4:22 PM
Prove it\
brantje | SushiPool.comToday at 4:22 PM
Last warning, come with real evidence
tony.philippToday at 4:23 PM
i will tell you why nimiq blockchain is inferior
1) Nimiq blockchain size is 200 kb, Bitcoin size is 1 mb
2) Nimiq is running in a virtualized sandbox javascript, like Bitcoin is writtein C
brantje | SushiPool.comToday at 4:23 PM
1) This can always be changed - again do your research
tony.philippToday at 4:23 PM
so it means Nimiq is at least 5-10x slower than Bitcoin native C implementation
BubsToday at 4:23 PM
Yeah, that's just an opinion.... unless you are valuing the Blockchain by actual USD values.
brantje | SushiPool.comToday at 4:23 PM
2) Nimiq runs wasm, which is basically the same.
tony.philippToday at 4:23 PM
NO
brantje | SushiPool.comToday at 4:23 PM
2a) miner is written in C
tony.philippToday at 4:23 PM
wasm is about 20-50x slower than C
this is why mining in browser is pointless!
brantje | SushiPool.comToday at 4:24 PM
Mining in browser is pointless yes
tony.philippToday at 4:24 PM
brantle, are your miners mining in browser?
brantje | SushiPool.comToday at 4:24 PM
We all know that
tony.philippToday at 4:24 PM
no, you are not mining in browser
as mining in browser is pointless, same is the consensus in node.js
brantje | SushiPool.comToday at 4:24 PM
But they don't advertise with it
tony.philippToday at 4:24 PM
the conseusus is not efficient
brantje | SushiPool.comToday at 4:24 PM
Where did you see that?
tony.philippToday at 4:24 PM
because it is not native
brantje | SushiPool.comToday at 4:24 PM
We're talking miners != wallet
tony.philippToday at 4:25 PM
miners, consensus, network all are node.js which means they are slower
that's why you can support more than 5000 miners per server
brantje | SushiPool.comToday at 4:25 PM
So
tony.philippToday at 4:25 PM
while a bitcoin pool supports 50k per server
brantje | SushiPool.comToday at 4:25 PM
With BTC you need to trust a 3rd party for webaccess
BubsToday at 4:25 PM
Nimiq was kinda advertised as "Blockchain fully in the browser" early on.
tony.philippToday at 4:25 PM
you don't. They can do SPV
to validate that a transaction is included in the blockchain
BubsToday at 4:26 PM
So the fact that browser mining sucks is a black eye for them.
tony.philippToday at 4:26 PM
it takes < 2 mb to download all the hashes and validate a transaction is included in the blockchain
brantje | SushiPool.comToday at 4:26 PM
Did you reed about nimiq?
tony.philippToday at 4:26 PM
that's just not true that you need to download the entire blockchain
i do,
brantje | SushiPool.comToday at 4:26 PM
We have nano consensus
Which is the same
tony.philippToday at 4:26 PM
SPV blockchain is almost the same
to validate a transaction
and satoshi did in 2009
brantje | SushiPool.comToday at 4:26 PM
So?
Their papers are open, everyone is free to implement and use it
I see your also spreading false information in other channels. Last warning
tony.philippToday at 4:28 PM
i don't spread false information
i only said that this great and unique tech already exists in bitcoin
brantje | SushiPool.comToday at 4:29 PM
Again, everyone is free to use the papers from BTC to make their own implementation
BubsToday at 4:30 PM
Yeah, my latest complaint was the salaries that the Nimiq developers were getting. That's not FUD, the Nimiq team didn't even bother disputing the numbers thrown out there on Reddit by a former disgruntled team member.
tony.philippToday at 4:30 PM
Bubs you should shut up otherwise they will ban you
brantje | SushiPool.comToday at 4:31 PM
@Bubs That's because it's illegal in Germany (and possibly CR too) to give salary information about an individual
And due they have single man departments, it's also not possible to do it on department level
tony.philippToday at 4:31 PM
yeah sure