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Topic: [BTE] The Bytecoin Information Thread - page 27. (Read 80094 times)

legendary
Activity: 3108
Merit: 1531
yes
January 09, 2015, 08:24:07 AM
The 1:1 feature is what makes BTE special.
newbie
Activity: 2
Merit: 0
January 09, 2015, 07:55:07 AM
I do not understand what part of EXACT copy of bitcoin you do not understand? ANY change in the protocol is just another altcoin. If you want lower difficulties or different hashing algorithims then create your AhmedCoin and let bytecoin grow organically the way it is doing so far. I know you are mad because current difficulty is too high for your mining hardware but the protocol is on schedule to release the 21,000,000 coins in the 140 year timeframe. In other words, BTE bytecoin is fine, well, alive and growing. Just focus your good energy on something Pro Bytecoin like a better USD/BTE exchange or an open free market that only accepts BTE as payments or maybe a Pool or something. But understand, bytecoin is perfect as is, just as bitcoin is.

Maria.
hero member
Activity: 800
Merit: 1000
January 09, 2015, 02:58:58 AM
Hi ahmedbodi Smiley

I think that's a great idea. The difficulty is causing nobody to mine it.

a) I think no merged mining, keeping it something like the original idea... Other people may have thoughts on that though
b) Not sure
c) and not sure what you mean by this one?

Sorry probably not a great reply but I think it's great that you're going to keep up the work on it. Let me know of any changes and i'll update the website Smiley

Hey long time Smiley

a) sure, we could also take the multi-algo route like we did with DGC if anyone likes
b) Im considering using Fractalcoin's slingshot? retarget system
c) Keep the block reward at 50 per block or reduce it (or keep it the same amount generated per day just speed up the block time)

Could you add multicoin.co to the site under pools. It's an auto-exchanging, profit switching multipool (which also pays out in select currencies)
hero member
Activity: 615
Merit: 500
January 09, 2015, 12:26:48 AM
Hi ahmedbodi Smiley

I think that's a great idea. The difficulty is causing nobody to mine it.

a) I think no merged mining, keeping it something like the original idea... Other people may have thoughts on that though
b) Not sure
c) and not sure what you mean by this one?

Sorry probably not a great reply but I think it's great that you're going to keep up the work on it. Let me know of any changes and i'll update the website Smiley
hero member
Activity: 800
Merit: 1000
January 08, 2015, 06:34:34 AM
I've got bytecoin on my multipool and blocks from weeks ago are still not confirmed. I'm going to hard fork bytecoin and swap out the diff algo. Rather than listening to the non existant supporters who only were only active last time i wanted to fork and are not gone. I'll release it and if the exchanges, and pool's update then the fork will take place.

Any suggestions as to:

a) merged mining or not?
b) what diff algo?
c) Cut subsidy or not?

(The fork will be based off my work on IXC's 0.9.3 client and DGC's 0.9.3 client)

(btw ahmedbodi here )
newbie
Activity: 3
Merit: 0
December 26, 2014, 07:30:26 PM
My Bytecoin client is now downloading the blockchain. Here is how I resolved the issue.

Step 1:
    On windows 8.1, go to AppData/Roaming/Bytecoin (in the same folder your wallet.dat is located) and create a file named bytecoin.conf

Step 2:
    Inside this file paste the following and save the document.
rpcuser=username
rpcpassword=password
rpcport=9999
addnode=63.170.87.173
addnode=85.25.196.115
addnode=109.228.152.204
addnode=144.76.91.109
addnode=188.138.106.140
addnode=192.99.13.126
addnode=188.165.19.11:6333
addnode=24.172.89.154:6333
addnode=75.156.209.173:6333
addnode=65.19.151.2:6333
addnode=75.133.149.21:6333
addnode=84.240.60.149:6333
addnode=67.184.53.170:6333
addnode=85.17.227.176:6333
addnode=84.200.84.74:6333
addnode=192.241.138.42:6333
server=1
listen=1

Step 3:
    Restart your bytecoin software. Done!
After this it should start downloading the blockchain.


Now I need help mining with a Cointerra miner I have. Can someone help me?
newbie
Activity: 3
Merit: 0
December 26, 2014, 06:16:41 PM
I downloaded the bytecoin executable from the main site. I have it running but it says active connections 0. Any help to get this coin up and running? Is it just downloading the blockchain or something?

legendary
Activity: 1246
Merit: 1002
December 24, 2014, 01:12:25 AM

I think that the coin would be good if the block rate were stable.  I think there are some ways to do that even if ASICs are brought online and back off, but I have not coded up an example.

Could you elaborate? I'm curious what you're thinking.

The basic idea is to accept the block with the highest difficulty instead of the block that is first.  Then, to keep accepting blocks for at least an hour since the 6th previous block.  By difficulty, I mean that I am counting the number of leading 0 bits in the hash.  If there are multiple submitted blocks that match the network difficulty, only the most difficult block is distributed out to peers.

At the end of the 2016 block epoch, calculate the difficulty needed to create the blocks with those difficulties, and use that for the new difficulty setting.

This would prevent hoppers from getting a windfall.  I haven't thought all the way through the ways that difficulty is used in the network, and I haven't completely walked through the way a block passes through the reference client moving peer to peer in the network.

This approach artificially raises the difficulty as soon as hoppers jump on board, then drops it back if they leave.
sr. member
Activity: 406
Merit: 252
December 23, 2014, 11:59:59 PM

When the difficulty drops, many hoppers point the ASICs to BTE.  Then, an entire epoch of 2016 are mined in 1 or 2 days, and the difficulty rises high.  The hoppers leave and the steadfasts don't have a lot of hash power.


In other words for transactions the coin is not of much use right now but that would change if the difficulty were stable?

An early fair copy of bitcoin has an obvious appeal if it is a workable coin.

The website needs to be updated a little. Coinex.PW seems to be out of business, likewise some of the other links. BTE looks like the best buy amongst the unpremined coins at https://bitcointalksearch.org/topic/list-of-all-cryptocoins-134179

I think that the coin would be good if the block rate were stable.  I think there are some ways to do that even if ASICs are brought online and back off, but I have not coded up an example.

Could you elaborate? I'm curious what you're thinking.
legendary
Activity: 1246
Merit: 1002
December 09, 2014, 05:26:50 PM

When the difficulty drops, many hoppers point the ASICs to BTE.  Then, an entire epoch of 2016 are mined in 1 or 2 days, and the difficulty rises high.  The hoppers leave and the steadfasts don't have a lot of hash power.


In other words for transactions the coin is not of much use right now but that would change if the difficulty were stable?

An early fair copy of bitcoin has an obvious appeal if it is a workable coin.

The website needs to be updated a little. Coinex.PW seems to be out of business, likewise some of the other links. BTE looks like the best buy amongst the unpremined coins at https://bitcointalksearch.org/topic/list-of-all-cryptocoins-134179

I think that the coin would be good if the block rate were stable.  I think there are some ways to do that even if ASICs are brought online and back off, but I have not coded up an example.
newbie
Activity: 14
Merit: 0
December 08, 2014, 09:45:43 PM

When the difficulty drops, many hoppers point the ASICs to BTE.  Then, an entire epoch of 2016 are mined in 1 or 2 days, and the difficulty rises high.  The hoppers leave and the steadfasts don't have a lot of hash power.


In other words for transactions the coin is not of much use right now but that would change if the difficulty were stable?

An early fair copy of bitcoin has an obvious appeal if it is a workable coin.

The website needs to be updated a little. Coinex.PW seems to be out of business, likewise some of the other links. BTE looks like the best buy amongst the unpremined coins at https://bitcointalksearch.org/topic/list-of-all-cryptocoins-134179
legendary
Activity: 1246
Merit: 1002
December 08, 2014, 05:08:49 PM
From the explorer it looks like about 1 block is mined per day. Is that right? Also was there any premine or similar at launch?

Search for Maria 2.0.  It was announced weeks in advance of launch, and there is proof in the genesis block that the launch was clean.



From what I can see this looks like a good coin. At this point though my first reaction when I see a good coin is skepticism. I bought a few of them on Cryptsy. Can you explain why only one block per day are mined according to the block explorer?



When the difficulty drops, many hoppers point the ASICs to BTE.  Then, an entire epoch of 2016 are mined in 1 or 2 days, and the difficulty rises high.  The hoppers leave and the steadfasts don't have a lot of hash power.
newbie
Activity: 14
Merit: 0
December 08, 2014, 04:21:04 PM
From the explorer it looks like about 1 block is mined per day. Is that right? Also was there any premine or similar at launch?

Search for Maria 2.0.  It was announced weeks in advance of launch, and there is proof in the genesis block that the launch was clean.



From what I can see this looks like a good coin. At this point though my first reaction when I see a good coin is skepticism. I bought a few of them on Cryptsy. Can you explain why only one block per day are mined according to the block explorer?

legendary
Activity: 1246
Merit: 1002
December 07, 2014, 08:12:57 PM
From the explorer it looks like about 1 block is mined per day. Is that right? Also was there any premine or similar at launch?

Search for Maria 2.0.  It was announced weeks in advance of launch, and there is proof in the genesis block that the launch was clean.

newbie
Activity: 14
Merit: 0
December 07, 2014, 03:09:54 PM
From the explorer it looks like about 1 block is mined per day. Is that right? Also was there any premine or similar at launch?
hero member
Activity: 615
Merit: 500
October 25, 2014, 03:15:24 PM
Disappointing, but CoinWarz is not monitoring this coin any longer.
Warning: Bytecoin is no longer being monitored as of 9/15/2014.

It might actually be good to stop the difficulty jumping each time every points the big asics at it.
full member
Activity: 486
Merit: 104
October 25, 2014, 06:18:52 AM
Disappointing, but CoinWarz is not monitoring this coin any longer.
Warning: Bytecoin is no longer being monitored as of 9/15/2014.
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
October 22, 2014, 11:02:47 AM
I found a Bytecoin block explorer I didn't know about, but at the moment it seems to be stuck:

https://coinplorer.com/BTE

The coinplorer guys got the explorer unstuck, and it seems to be working great again.  If you haven't checked out the explorer, give it a look - it's pretty slick.

And if you have some Bytecoin, I think it would be great if we all showed the coinplorer guys some love for providing this service, and if we let them know how great Bytecoin is, by sending them some donations.  Their Bytecoin donation address is 8FULQjz4x9PQTdGNo8ZoK1r17tuvXD5HCi
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
October 21, 2014, 10:49:06 AM
hi everyone,

I would like to mine this coin. Can someone help me join a pool and configure my Cointerra 1.6TH miner?

sincerely,

noobminer2.0

The pools usually have a webpage with most or all of the information you need.  Have you mined regular Bitcoin with your Cointerra yet?  If not I'd suggest getting that running first, then switch over.  The easiest pool to get up and running on, in my opinion, is Bitminter.  Once you've figured out how that works, try out the Bytecoin pools.

I have never run a Cointerra or I might be able to offer more assistance.
newbie
Activity: 3
Merit: 0
October 20, 2014, 03:30:35 PM
This coin is the only altcoin that makes sense in my opinion from a secure blockchain point of view. I think that Satoshi put alot of thought on the specifics such as, difficulty adjustments, coin total supply, hashing algorithms etc. Changing any of these variable affects the security of the network as a whole. Bytecoin does a perfect job preserving all of satoshis logic into this coin. THAT is why I believe bytecoin BTE is more than a great idea, its a great necessity.
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