BTCD is no more - page 219. | Bitcointalksearch.org

jl777

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Quote from: jjiimm_64 on September 25, 2014, 01:14:39 PM

Quote from: Juicemixer on September 25, 2014, 06:59:43 AM

Quote from: jjiimm_64 on September 25, 2014, 12:30:55 AM

I do own some BTCD, Am I then one of the stakeholders? I am still fuzzy on the details.

Jim

As long as you keep the wallet open and unlock to stake then you are one of the stakeholders. The point is to keep the network as secure as possible and only people staking can make that happen. Along with gaining more BTCD, the dividend is pretty much an incentive since so much of SuperNET will be riding on BTCD. There is also mention of checking how long each user stakes to determine fairness of dividend so that opening the wallet once a month for a few hours doesn't gain the same benefit as someone that always keeps theirs' open. Basically, you are rewarded twice over for keeping the wallet open and staking.

NICE... However it says the dividends will be paid to an associated nxt addy? how does that work.

you pick a public BTCD address to use. It doesnt have to have much BTCD in it. The software will automatically map this address to a NXT address (using its privkey), then it will make a NXT alias so that you can use the same public BTCD address even inside NXT

James

Cassius

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Quote from: stdset on September 25, 2014, 11:31:40 AM

I tryed reading the whitepaper, although I didn't read it to the end. Do I understand right, that basically the idea is safely sending privkeys to transaction recipient?

You can broadly think of it that way, though with various extra safeguards. If you use an address that has never been used before, and there is no way of tracking you outside the blockchain (which is incredibly easy in many cases) then the transaction cannot be traced to you.

Think of it like playing pass the parcel in the dark, except you and the recipient are wearing infrared goggles.

jjiimm_64

legendary

Activity: 1876

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Quote from: Juicemixer on September 25, 2014, 06:59:43 AM

Quote from: jjiimm_64 on September 25, 2014, 12:30:55 AM

I do own some BTCD, Am I then one of the stakeholders? I am still fuzzy on the details.

Jim

As long as you keep the wallet open and unlock to stake then you are one of the stakeholders. The point is to keep the network as secure as possible and only people staking can make that happen. Along with gaining more BTCD, the dividend is pretty much an incentive since so much of SuperNET will be riding on BTCD. There is also mention of checking how long each user stakes to determine fairness of dividend so that opening the wallet once a month for a few hours doesn't gain the same benefit as someone that always keeps theirs' open. Basically, you are rewarded twice over for keeping the wallet open and staking.

NICE... However it says the dividends will be paid to an associated nxt addy? how does that work.

stdset

hero member

Activity: 572

Merit: 506

I tryed reading the whitepaper, although I didn't read it to the end. Do I understand right, that basically the idea is safely sending privkeys to transaction recipient?

ASICHEAD

hero member

Activity: 552

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BTCD market is open on Bittrex now Cheesy

BTCDDev

sr. member

Activity: 255

Merit: 251

Quote from: Boobsy on September 25, 2014, 08:38:27 AM

Quote from: threecats on September 25, 2014, 08:33:51 AM

hehe maybe those ten testers with the VPNs ran into the higgs particle while testing and fried all the circuits. ? Wink

Are they doing this proof of concept test within the live environment? Shocked

That's what test networks are good for!

SuperNET integration will not cause a hard fork. Current nodes will completely ignore our testing

pvnamk19

full member

Activity: 178

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Quote from: crackfoo on September 25, 2014, 09:15:52 AM

BTCD market is back open on Polo, still down on Bittrex

May be due to this problem: http://www.reddit.com/r/Bitcoin/comments/2heu88/if_you_are_storing_bitcoins_on_a_linuxmac_system/

Jl777 uses Ubuntu to stake BTCD Grin

Shurugwi

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Activity: 117

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Quote from: CryptoBang on September 25, 2014, 04:01:15 AM

Quote from: Shurugwi on September 24, 2014, 11:58:37 AM

Quote from: CryptoBang on September 24, 2014, 11:24:38 AM

Quote from: randallface on September 24, 2014, 10:04:46 AM

Quote from: CryptoBang on September 24, 2014, 09:36:41 AM

Just my review on Bitcoindark. I hope it could help someone =)
BTCDARK – http://www.cryptobang.com/2014/09/24/btcdark-the-cake-is-not-a-lie/

A lot of good points in your review, one thing I had a problem with is you say the price is "unstable". Yes, the price rises and falls a little as with every coin, but the rise is a constant growth. Instead of looking at the day or even week long charts, take a look at the over all growth of the coin as exhibited by this cryptsy chart

Hi! I mean that price can be overrated. BTCDARK is the most powerful among any of anonymous coins for today. But it is hard to predict the future of all the anonymous coins as well.

In all fairness... What you just said does not match what you said in your article:

"Unstable. The value of BTCD is extremely unstable – more like a rollercoaster than a reliable asset to put your money. Any better way to keep away more serious investors?"

Also 'Unstable', in the article, is a link that points to a drk/btc pair on bter. Are you sure you had all the facts or you were even looking at BTCD when you came to this ridiculous conclusion?

We all saw the competition of DarkCoin and BitcoinDark. DC was pawned, and then it was resurrect again. So, are you sure that current price for BTCD is stable? Are you sure that no more anonymous coins ll be set up soon? Some of em could provide better implements that BTCD can.

As a journalist your ramblings make absolutely no sense at all and could be likened to those a troll would spew forth.

You call BTCD price 'Unstable. The value of BTCD is extremely unstable' now you cry about DRK price and somehow try to justify your evaluation of BTCD against DRK's performance.

"Are you sure that no more anonymous coins ll be set up soon? Some of em could provide better implements that BTCD can."

WTF man! IF games? What IF the sky falls on our heads? What IF bitcoin drops below $200? What IF my dog farts? WTF has that got to do with how stable BTCD is and has been?

You need to make assessments based on the facts. Look at the graphs of BTCD since release. If you cannot see that BTCD price has been anything but unstable then you are just a troll.

Actually... It is clear now that you are just a troll. Any articles you have written have lost all credibility IMHO.

crackfoo

legendary

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BTCD market is back open on Polo, still down on Bittrex

threecats

sr. member

Activity: 378

Merit: 250

there goes noah starting the cover story to conceal the whole higgs boson situation : -)

Boobsy

newbie

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Quote from: threecats on September 25, 2014, 08:33:51 AM

hehe maybe those ten testers with the VPNs ran into the higgs particle while testing and fried all the circuits. ? Wink

Are they doing this proof of concept test within the live environment? Shocked

That's what test networks are good for!

pvnamk19

full member

Activity: 178

Merit: 100

Quote from: threecats on September 25, 2014, 08:33:51 AM

hehe maybe those ten testers with the VPNs ran into the higgs particle while testing and fried all the circuits. ? Wink

or they just sent some BTCDs to hyperspace and found no way to retrieve back Grin

threecats

sr. member

Activity: 378

Merit: 250

hehe maybe those ten testers with the VPNs ran into the higgs particle while testing and fried all the circuits. ? Wink

pitbullfan

newbie

Activity: 56

Merit: 0

I thought they werekilling XMR this week. Not BTCD Shocked

Was quite shocked to see it frozen on shittrex this AM. What's the deal?

Trinibits

hero member

Activity: 635

Merit: 500

Quote from: pvnamk19 on September 25, 2014, 07:25:29 AM

Jl777 may know the details, just wait and hope nothing wrong with BTCD.

Bter seem ok

https://bter.com/trade/BTCD_BTC

pvnamk19

full member

Activity: 178

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Jl777 may know the details, just wait and hope nothing wrong with BTCD.

cryptomad

sr. member

Activity: 301

Merit: 250

Quote from: crackfoo on September 25, 2014, 06:28:16 AM

Quote from: mrs_snow on September 25, 2014, 06:05:06 AM

Why BTCD is currently FROZEN on Polo?

it's disabled on Bittrex as well... any idea about them?

I wana know why its disabled on bittrex too,If u have info please pm me

Juicemixer

member

Activity: 82

Merit: 10

Quote from: jjiimm_64 on September 25, 2014, 12:30:55 AM

I do own some BTCD, Am I then one of the stakeholders? I am still fuzzy on the details.

Jim

As long as you keep the wallet open and unlock to stake then you are one of the stakeholders. The point is to keep the network as secure as possible and only people staking can make that happen. Along with gaining more BTCD, the dividend is pretty much an incentive since so much of SuperNET will be riding on BTCD. There is also mention of checking how long each user stakes to determine fairness of dividend so that opening the wallet once a month for a few hours doesn't gain the same benefit as someone that always keeps theirs' open. Basically, you are rewarded twice over for keeping the wallet open and staking.

crackfoo

legendary

Activity: 3570

Merit: 1126

Quote from: mrs_snow on September 25, 2014, 06:05:06 AM

Why BTCD is currently FROZEN on Polo?

it's disabled on Bittrex as well... any idea about them?

mrs_snow

newbie

Activity: 46

Merit: 0

Why BTCD is currently FROZEN on Polo?

Topic: BTCD is no more - page 219. (Read 1328507 times)