Topic: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools - page 19. (Read 85500 times)
August 30, 2011, 09:46:47 AM
It seems somebody doesn't understand irony over here
August 30, 2011, 09:39:45 AM
Hey, I'm just taking your arguments to their logical conclusions. "Users want fast confirmations", and I0coin has the fastest confirmations, so that means I0coin is the best network. Soon everyone will join it.
I think you have a higher post count in this thread than me. Thanks for your SolidCoin support.
August 30, 2011, 09:27:54 AM
By the way CoinHunter, I0coin was recently revived with a 90 second block rate. You'd better switch to 30 second blocks before it eats your lunch.
The mere fact you think lower = better with no end shows your ignorance.
BTW the 90 second block thing was a troll done by artforz to guarantee more blocks on his FPGA miners. By copying SolidCoin and just changing that he has now ensured i0coin won't go beyond a pump-n-dump. But you probably knew that already with your big brain there...
Hey, I'm just taking your arguments to their logical conclusions. "Users want fast confirmations", and I0coin has the fastest confirmations, so that means I0coin is the best network. Soon everyone will join it.
August 30, 2011, 09:26:11 AM
Ya don't sweat it Coinhunter, a great many people like what you are doing and support you 100% ... if this were all hype you wouldn't have groups like Ruxum and several honest merchant class organizations jump on board the system so quick so there is nothing you need to prove outside of these facts. Case in point, Ruxum passed over the I*Coin systems and as far as I can tell have no current intent to pick either of them up. Namecoin while there was good intent is in a bit of a pickle, that we should see soon that Solidcoin has solved with the algorithm to ramp down difficulty.
Yes thanks for your support , and the many others who also support the project.
I know many are afraid to show it on the forum here because they don't like the "heat" but on IRC, pms, emails and my talks with businesses there is a lot of support there. I'm used to dealing with heat, with running software businesses it's common dealing with a few customers that take things a bit seriously sometimes.
I understand when money is involved people are more likely to get defensive and start doing weird things also, but nevertheless, you can't stop progress, and it's not like these people don't have the option to protect their investments. Whether that's into SC or a fiat currency, the option is there for them.
August 30, 2011, 09:22:36 AM
By the way CoinHunter, I0coin was recently revived with a 90 second block rate. You'd better switch to 30 second blocks before it eats your lunch.
The mere fact you think lower = better with no end shows your ignorance.
BTW the 90 second block thing was a troll done by artforz to guarantee more blocks on his FPGA miners. By copying SolidCoin and just changing that he has now ensured i0coin won't go beyond a pump-n-dump. But you probably knew that already with your big brain there...
I'm going to watch i0coin very closely, so I can MAXIMIZE PROFIT from the 3 i0coins I have.
August 30, 2011, 09:17:21 AM
By the way CoinHunter, I0coin was recently revived with a 90 second block rate. You'd better switch to 30 second blocks before it eats your lunch.
The mere fact you think lower = better with no end shows your ignorance.
BTW the 90 second block thing was a troll done by artforz to guarantee more blocks on his FPGA miners. By copying SolidCoin and just changing that he has now ensured i0coin won't go beyond a pump-n-dump. But you probably knew that already with your big brain there...
August 30, 2011, 09:05:00 AM
The only thing I find amusing from all the ney-sayers, these are the people who shouted for months that bitcoin might fail and the coming forks may bring improvements until we get to the ultimate decentralised currency.
Guess what folk, these forks ie. solidcoin, is the next stepping stone fork tryouts and at the current rate solidcoin is looking pretty damn solid. If solidcoin fail, so be it and we will surely move onto another fork until we find the perfect balance which would likely take a while.
Guess what folk, these forks ie. solidcoin, is the next stepping stone fork tryouts and at the current rate solidcoin is looking pretty damn solid. If solidcoin fail, so be it and we will surely move onto another fork until we find the perfect balance which would likely take a while.
August 30, 2011, 08:50:38 AM
I see a single developer who has done more to improve on his blockchain in the last month than the entire core dev team has done on bitcoin in 6 months
Stopped readingYou sure haven't lurked enough in the dev forum
August 30, 2011, 08:44:31 AM
I see a lot of haters hatin' on here, mainly 'senior' and 'hero' members. People who seem to have a bit of vested interest in bitcoin perhaps? Amazing how many point to the 'competing currencies' theory championed by Ron Paul when justifying bitcoin, and yet when faced with a true competitor all they can do is try to FUD it to death.
I see a single developer who has done more to improve on his blockchain in the last month than the entire core dev team has done on bitcoin in 6 months. And ad hominem attacks? Really? This isn't some high school popularity contest. I don't care if CoinHunter is the biggest douche in the world, if he has a superior product, guess what is going to get used?
And another thing, why does CoinHunter need to account for every single satoshi that has pased thru his hands? Who the fuck are you, the IRS? Really? Nobody gave you the power to audit whomever you feel like. It has nothing to do with the blockchain. Get over it already.
Bitcoin is becoming too ponderous and cumbersome, it cannot seem to adapt, to make the changes that will make it better. I have stated many times that I don't think Bitcoin 1.0 is going to succeed, but that Bitcoin 2.0 will be the one that does. Perhaps it will be SolidCoin, or zombiecoin (I0coin), or getrichquickcoin (Ixcoin), or another unforeseen blockchain. Who knows? But I do know that the failure to adapt will be just another nail in Bitcoin's coffin.
It will be fascinating to see when the exchanges start offering SC for USD, I wonder which way it will go then, when consumers have a true choice...
I see a single developer who has done more to improve on his blockchain in the last month than the entire core dev team has done on bitcoin in 6 months. And ad hominem attacks? Really? This isn't some high school popularity contest. I don't care if CoinHunter is the biggest douche in the world, if he has a superior product, guess what is going to get used?
And another thing, why does CoinHunter need to account for every single satoshi that has pased thru his hands? Who the fuck are you, the IRS? Really? Nobody gave you the power to audit whomever you feel like. It has nothing to do with the blockchain. Get over it already.
Bitcoin is becoming too ponderous and cumbersome, it cannot seem to adapt, to make the changes that will make it better. I have stated many times that I don't think Bitcoin 1.0 is going to succeed, but that Bitcoin 2.0 will be the one that does. Perhaps it will be SolidCoin, or zombiecoin (I0coin), or getrichquickcoin (Ixcoin), or another unforeseen blockchain. Who knows? But I do know that the failure to adapt will be just another nail in Bitcoin's coffin.
It will be fascinating to see when the exchanges start offering SC for USD, I wonder which way it will go then, when consumers have a true choice...
August 30, 2011, 08:01:38 AM
By the way CoinHunter, I0coin was recently revived with a 90 second block rate. You'd better switch to 30 second blocks before it eats your lunch.
August 30, 2011, 07:42:41 AM
This is so fun to watch. I just popped some popcorn and am watching the show.
It's fun to watch BTC investors on the forum acting like little misbehaving kids.
Have you scared anyone away from Solidcoin yet? Bet you will keep trying. Hilarious.
I really do not care which Crypto currency reigns, or if there are more than one. Of course I do not have a bunch of real cash invested in one either so, maybe that is why I do not care.
It's fun to watch BTC investors on the forum acting like little misbehaving kids.
Have you scared anyone away from Solidcoin yet? Bet you will keep trying. Hilarious.
I really do not care which Crypto currency reigns, or if there are more than one. Of course I do not have a bunch of real cash invested in one either so, maybe that is why I do not care.
August 30, 2011, 07:40:50 AM
You know damn well the SolidCoinBitcoin market is way-the-fuck out of balance.
FTFY
August 30, 2011, 07:13:27 AM
Extra Haha's and smileys indicate defense behavior, CoinHunter.
Dude. I'd like you a lot more if you just stated you're just hoping to get rich fast. Be realistic. Most of us are. If Bitcoin or any other digital currencies really catches on, that's a bonus.
So far, I keep hearing more bullshit. We're not idiots. You know damn well the SolidCoin market is way-the-fuck out of balance.
Dude. I'd like you a lot more if you just stated you're just hoping to get rich fast. Be realistic. Most of us are. If Bitcoin or any other digital currencies really catches on, that's a bonus.
So far, I keep hearing more bullshit. We're not idiots. You know damn well the SolidCoin market is way-the-fuck out of balance.
August 30, 2011, 07:04:45 AM
People can see the data from SolidCoin's release and see how well it is working to this stage.
You mean those adoption rate numbers that you made up and refuse to provide any evidence for?
August 30, 2011, 06:51:36 AM
If you really want others to believe in the SolidCoin hype, these are the questions you need to answer.
There is actually little "hype", there is simply the truth. People can see the data from SolidCoin's release and see how well it is working to this stage. People are already trying to copy it. It's not hype seeing impressive numbers and being impressed. But since it hasn't achieved its goal yet I'm not going to dive into a 5 page story about SolidCoin because it's not worth talking about until it has succeeded.
In the end results are what 95% of people desire so that is who I'm targeting, not the geeks with personality disorders trying to prove themselves online. Asking questions they already think they know the answers to so they can go "AHUH, you idiot".
It's interesting when some people have success with something that a certain % of the population wants to try and "squash that success". ie The changes were crap. SolidCoin does nothing different. Bitcoin is still better. You're a liar. etc In Australia we call that tall poppy syndrome. The thing is, I'm used to it, so it doesn't bother me. I'll make a SolidCoin user out of everyone posting here and if not, you probably have bigger problems than worrying about a cryptocurrency.
August 30, 2011, 06:44:04 AM
Would be best to try to maintain the golden ratio IMO.
August 30, 2011, 06:27:16 AM
And on that note, I'd be extremely interested to see bitcoin's simulations and network analysis that was used for arriving at the 10 min 2016 block diff. retargetting algorithm (that is implied to be perfected by the above arguments.)
August 30, 2011, 05:30:38 AM
Oh, and if you want to talk, then defend your reasoning for your changes. So far (AFAIK) you have just been claiming SolidCoins is so much better than Bitcoins without any real evidence.
Why 32 coins instead of 50? Just to be different or is there a valid reason that 32 is better?
Why 2%, 6%, and 10%? Like someone suggested, you could have made a constant change to cap the difficulty increase at 10%. That would have accomplished nearly the same thing as your complicated change, which could potentially introduce bugs or security holes. What's the point of 2% and 6%, other than inflating the number of coins faster than it should? Does increasing difficulty by only 2% and 6% really do anything material? Have you run simulations to see what it does? Or is just because you felt like it was the right thing.
Why 3 minutes target for blocks? Have you done network analysis to show that 3 minutes is the optimal time? Or did you just choose it because it felt right and 10 minutes felt too long? Have you analyzed how susceptible 3 minute blocks are to blockchain forking or double spend attacks?
If you really want others to believe in the SolidCoin hype, these are the questions you need to answer.
Why 32 coins instead of 50? Just to be different or is there a valid reason that 32 is better?
Why 2%, 6%, and 10%? Like someone suggested, you could have made a constant change to cap the difficulty increase at 10%. That would have accomplished nearly the same thing as your complicated change, which could potentially introduce bugs or security holes. What's the point of 2% and 6%, other than inflating the number of coins faster than it should? Does increasing difficulty by only 2% and 6% really do anything material? Have you run simulations to see what it does? Or is just because you felt like it was the right thing.
Why 3 minutes target for blocks? Have you done network analysis to show that 3 minutes is the optimal time? Or did you just choose it because it felt right and 10 minutes felt too long? Have you analyzed how susceptible 3 minute blocks are to blockchain forking or double spend attacks?
If you really want others to believe in the SolidCoin hype, these are the questions you need to answer.
It is probably that CoinHunter did't perform any simulations or insightful analysis on the parameters he just arbitrarily chosen. Until now I didn't get CoinHunter's response for the choose of 2%, 6% and 10%.
I would like to talk about the retargeting algorithm as a physical and mathematical model other than computer science and engineering, and the fact is that Bitcoin has done all of the computer science and engineering( With respect to the correlation of block generation time and double spending attacks, it is really a problem with computer science and engineering) . According to CoinHunter's parameters, I estimate hashrate will oscillate similar to a sin(t) fuction, and at present I have no idea that in the long run whether it is convergent and stable under complex behavior of mining.
August 30, 2011, 03:41:24 AM
Oh, and if you want to talk, then defend your reasoning for your changes. So far (AFAIK) you have just been claiming SolidCoins is so much better than Bitcoins without any real evidence.
Why 32 coins instead of 50? Just to be different or is there a valid reason that 32 is better?
Why 2%, 6%, and 10%? Like someone suggested, you could have made a constant change to cap the difficulty increase at 10%. That would have accomplished nearly the same thing as your complicated change, which could potentially introduce bugs or security holes. What's the point of 2% and 6%, other than inflating the number of coins faster than it should? Does increasing difficulty by only 2% and 6% really do anything material? Have you run simulations to see what it does? Or is just because you felt like it was the right thing.
Why 3 minutes target for blocks? Have you done network analysis to show that 3 minutes is the optimal time? Or did you just choose it because it felt right and 10 minutes felt too long? Have you analyzed how susceptible 3 minute blocks are to blockchain forking or double spend attacks?
If you really want others to believe in the SolidCoin hype, these are the questions you need to answer.
Amen.... Why 32 coins instead of 50? Just to be different or is there a valid reason that 32 is better?
Why 2%, 6%, and 10%? Like someone suggested, you could have made a constant change to cap the difficulty increase at 10%. That would have accomplished nearly the same thing as your complicated change, which could potentially introduce bugs or security holes. What's the point of 2% and 6%, other than inflating the number of coins faster than it should? Does increasing difficulty by only 2% and 6% really do anything material? Have you run simulations to see what it does? Or is just because you felt like it was the right thing.
Why 3 minutes target for blocks? Have you done network analysis to show that 3 minutes is the optimal time? Or did you just choose it because it felt right and 10 minutes felt too long? Have you analyzed how susceptible 3 minute blocks are to blockchain forking or double spend attacks?
If you really want others to believe in the SolidCoin hype, these are the questions you need to answer.
August 30, 2011, 03:19:59 AM
Oh, and if you want to talk, then defend your reasoning for your changes. So far (AFAIK) you have just been claiming SolidCoins is so much better than Bitcoins without any real evidence.
Why 32 coins instead of 50? Just to be different or is there a valid reason that 32 is better?
Why 2%, 6%, and 10%? Like someone suggested, you could have made a constant change to cap the difficulty increase at 10%. That would have accomplished nearly the same thing as your complicated change, which could potentially introduce bugs or security holes. What's the point of 2% and 6%, other than inflating the number of coins faster than it should? Does increasing difficulty by only 2% and 6% really do anything material? Have you run simulations to see what it does? Or is just because you felt like it was the right thing.
Why 3 minutes target for blocks? Have you done network analysis to show that 3 minutes is the optimal time? Or did you just choose it because it felt right and 10 minutes felt too long? Have you analyzed how susceptible 3 minute blocks are to blockchain forking or double spend attacks?
If you really want others to believe in the SolidCoin hype, these are the questions you need to answer.
Why 32 coins instead of 50? Just to be different or is there a valid reason that 32 is better?
Why 2%, 6%, and 10%? Like someone suggested, you could have made a constant change to cap the difficulty increase at 10%. That would have accomplished nearly the same thing as your complicated change, which could potentially introduce bugs or security holes. What's the point of 2% and 6%, other than inflating the number of coins faster than it should? Does increasing difficulty by only 2% and 6% really do anything material? Have you run simulations to see what it does? Or is just because you felt like it was the right thing.
Why 3 minutes target for blocks? Have you done network analysis to show that 3 minutes is the optimal time? Or did you just choose it because it felt right and 10 minutes felt too long? Have you analyzed how susceptible 3 minute blocks are to blockchain forking or double spend attacks?
If you really want others to believe in the SolidCoin hype, these are the questions you need to answer.
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