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Topic: Bitmark - page 101. (Read 622213 times)

sr. member
Activity: 280
Merit: 250
Who cares?
September 13, 2014, 12:34:47 PM
Wish I would have known about this earlier!

We are only two months old, this is very very early Smiley

Another oasis in the great desert expanse of shitcoins.  Thank you based dev.
sr. member
Activity: 294
Merit: 250
Bitmark Developer
September 13, 2014, 12:27:09 PM
Wish I would have known about this earlier!

We are only two months old, this is very very early Smiley
sr. member
Activity: 280
Merit: 250
Who cares?
September 13, 2014, 12:20:00 PM
Wish I would have known about this earlier!
legendary
Activity: 1098
Merit: 1000
Angel investor.
September 13, 2014, 10:05:49 AM
Damn the price is increasing every day  Shocked


A good dev makes a good coin.
hero member
Activity: 588
Merit: 500
September 13, 2014, 03:57:14 AM
Damn the price is increasing every day  Shocked
full member
Activity: 486
Merit: 104
September 12, 2014, 02:17:04 PM
Why does the bitmark-qt software advise that it will take 20 GB of disk space for its block chain ?  This seems excessive, since it is a new coin, and likely has many less transactions than bitcoin, which only recently , after years of operation, crossed the 20 GB mark it its blockchain.

Developer error, I had a note to change it to something more realistic which would do for 1 year, a note rather than a github issue, and thus forgot to change it on the last release.

I may update the seed nodes and cross compile for all targets again with the same release version again, to update the binaries, since it's a non functionality changing change.

Ah, I see, after clearing the requisite space, I did note that the blockchain is nowhere near that large. Yeah, do remove that warning; it's needlessly fightening...
sr. member
Activity: 294
Merit: 250
Bitmark Developer
September 12, 2014, 01:37:57 PM
Why does the bitmark-qt software advise that it will take 20 GB of disk space for its block chain ?  This seems excessive, since it is a new coin, and likely has many less transactions than bitcoin, which only recently , after years of operation, crossed the 20 GB mark it its blockchain.

Developer error, I had a note to change it to something more realistic which would do for 1 year, a note rather than a github issue, and thus forgot to change it on the last release.

I may update the seed nodes and cross compile for all targets again with the same release version again, to update the binaries, since it's a non functionality changing change.
full member
Activity: 486
Merit: 104
September 12, 2014, 01:07:06 PM
Why does the bitmark-qt software advise that it will take 20 GB of disk space for its block chain ?  This seems excessive, since it is a new coin, and likely has many less transactions than bitcoin, which only recently , after years of operation, crossed the 20 GB mark it its blockchain.
sr. member
Activity: 350
Merit: 250
September 12, 2014, 05:14:18 AM
That's exactly the answer I like  Grin  Let them come to us.  I look forward to the day when LTC fork their code to enable them to be merge mined on the BTM network!!
legendary
Activity: 826
Merit: 1002
amarha
September 12, 2014, 04:59:44 AM
Este.  I'm not familiar with the setup of BTM (yes, I should read the github Smiley ) but DOGE had to be modified and forked to enable merge mining. Is BTM already set up to allow merge mining?


No, nothing specific has been set up in Bitmark for merge mining and I don't believe we will ever be an Aux-PoW mined(merge mined) currency like Doge is. But Bitmark should be able to take a similar role as Litecoin is doing with Doge, that is people mine BTM on the regular BTM network and also submit their blocks to Doge once our difficulty is at least as high as the difficulty on the Doge network.
sr. member
Activity: 350
Merit: 250
September 12, 2014, 04:06:30 AM
Este.  I'm not familiar with the setup of BTM (yes, I should read the github Smiley ) but DOGE had to be modified and forked to enable merge mining. Is BTM already set up to allow merge mining?
legendary
Activity: 826
Merit: 1002
amarha
September 12, 2014, 03:45:27 AM

hi, markers

https://github.com/simplecrypto/simplecoin

we can setup a simplebitmark pool mine merged coins.

I would hope that BTM does not go down the path of merged mining.  A coin will only have value if people are willing to expend resources to acquire it. As soon as you get them for free - well that is what they are worth.  The recent fork of DOGE is a good example.  Before merge mining the coin was worth 41 sat.  Now the nethash has multiplied by a factor of over 6 from 60 odd gh/s to 373 gh/s yet the coin is still only worth 41 sat. The is an effective over 80% devaluation of the coin.

People will merge mine coins like Dogecoin with Bitmark if they'd like to. With Bitmark having the actual PoW being done for it. I expect to see people mining BTM and DOGE together fairly soon.
sr. member
Activity: 350
Merit: 250
September 12, 2014, 03:22:19 AM

hi, markers

https://github.com/simplecrypto/simplecoin

we can setup a simplebitmark pool mine merged coins.

I would hope that BTM does not go down the path of merged mining.  A coin will only have value if people are willing to expend resources to acquire it. As soon as you get them for free - well that is what they are worth.  The recent fork of DOGE is a good example.  Before merge mining the coin was worth 41 sat.  Now the nethash has multiplied by a factor of over 6 from 60 odd gh/s to 373 gh/s yet the coin is still only worth 41 sat. The is an effective over 80% devaluation of the coin.
newbie
Activity: 20
Merit: 0
September 11, 2014, 11:56:56 PM

hi, markers

https://github.com/simplecrypto/simplecoin

we can setup a simplebitmark pool mine merged coins.
hero member
Activity: 616
Merit: 500
September 11, 2014, 05:48:30 PM
Just discovered bitmark... and I must say this is just AMAZING!

The only thing amazing here is quantity of (garbage) text intentionaly blasted at noobs' faces to prevent them from realising that Bitmark is a just another scrypt clone.

It is not the coin spec that caught my eye... Wink

THIS is what I have been looking for, THIS is innovation at it's best!
legendary
Activity: 1316
Merit: 1041
Bitcoin is a bit**
September 11, 2014, 04:52:14 PM
For anyone who hasn't seen this yet, this is pretty cool:

Some early prototype marking buttons.

http://bitmark.co/bitmark.co/logo#

Second that.  Excellent images, plus I hear they'll be an Api allowing people to extend to make tailor image of their own (if I understand right).

Also, I'll make this my "hello" post to this thread, although I should be know to some of you already from elsewhere.

Marking is fantastic and inspiring work.  This may well imo become an historic thread!

I don´t know if you know this: https://github.com/project-bitmark/marking/wiki

Could be interesting for you. Enjoy   Wink
legendary
Activity: 1288
Merit: 1043
:^)
September 11, 2014, 04:51:15 PM
Just discovered bitmark... and I must say this is just AMAZING!

The only thing amazing here is quantity of (garbage) text intentionaly blasted at noobs' faces to prevent them from realising that Bitmark is a just another scrypt clone.

That sad truth is, that if you had read through the thread or the documents or anything which other people had, you would realize that everybody already knows that the codebase is just a fork of the latest Bitcoin release modified to support scrypt and with the chain configuration adjusted to what we need. It's what you would get if Litecoin were created today, and has had just marginally more work than say Viacoin.

In fact, if you'd like to do the same, we've saved you the work, you can clone a fully tested version of our codebase here and use it as you please.

The saddest part however, is that you, unlike everybody else who replied in the last 1300+ replies, didn't take the time to discover what the project is about, or doing.

I am glad however that the above was your response, it shows our decisions in the way we crafted the thread have worked, in that you, are the only person with an uninformed comment out of 35,000 readers. That's quite an achievement.

Regards,

Mark

Thank You for those kind words. We understand that within this forum there exists many options for people to chose from, we greatly appreciate the fact that you have taken the time to both read and comprehend what Bitmark & Marking is all about. We wish to reciprocate this by remaining steadfast in working toward our goals...The Bitmark Project Team believes in action rather than hype & empty promises, so we shall continue with the approach that has worked so well for us. If you wish to be kept abreast of all the current developments, come join us on slack. Just send me or EsteNuno a PM with your email if you or anyone here is interested.
Thank You

http://www.youtube.com/watch?v=5P2jJdrz9bY

Also, your politeness makes me sick. No more post for a while from me, don't wanna bump this scam anymore - I'll check what you have done in a month or so, untill then happy
debating on irrelevant matters and luring noobs into buying craps you are selling.
newbie
Activity: 17
Merit: 0
September 11, 2014, 04:41:54 PM
For anyone who hasn't seen this yet, this is pretty cool:

Some early prototype marking buttons.

http://bitmark.co/bitmark.co/logo#

Second that.  Excellent images, plus I hear they'll be an Api allowing people to extend to make tailor image of their own (if I understand right).

Also, I'll make this my "hello" post to this thread, although I should be know to some of you already from elsewhere.

Marking is fantastic and inspiring work.  This may well imo become an historic thread!
legendary
Activity: 826
Merit: 1002
amarha
September 11, 2014, 04:14:46 PM
For anyone who hasn't seen this yet, this is pretty cool:

Some early prototype marking buttons.

http://bitmark.co/bitmark.co/logo#
full member
Activity: 247
Merit: 100
September 11, 2014, 03:39:58 PM
Just discovered bitmark... and I must say this is just AMAZING!

After reading, I think this must be one of the most promising projects in crypto, and I am happy to be a small part of it! Smiley


Thank You for those kind words. We understand that within this forum there exists many options for people to chose from, we greatly appreciate the fact that you have taken the time to both read and comprehend what Bitmark & Marking is all about. We wish to reciprocate this by remaining steadfast in working toward our goals...The Bitmark Project Team believes in action rather than hype & empty promises, so we shall continue with the approach that has worked so well for us. If you wish to be kept abreast of all the current developments, come join us on slack. Just send me or EsteNuno a PM with your email if you or anyone here is interested.
Thank You
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