Topic: Closed Thread - page 285. (Read 677683 times)

i send messages again to cryptsy and he said  will forward

Don't be impatient.  The devs are talking to multiple exchanges right now, but these things don't happen in a day or two, they take TIME.  Their to-do list is probably the length of an encyclopedia right about now.  They have stated that they do have plans to expand the team as well, so in the future things will move quicker, but in the meantime these guys are working hard every day, but they need to eat and sleep.  I have received some messages from them the past few days, and they are starting to work on the marketing side as well.

so what is the news on bittrex and SuperNET?

How much longer before both are a confirm? Especially superNET? 

Some thoughts on POA

Activity (Open Wallet)

PROS
Encourages broader network propogation - likely mitigates the risk of a '51%' attack
Encourages users with low/no balance to participate in network - better adoption

CONS
Prone to abuse by those hosting multiple clients
Consider restricting this value calculation by IP (i.e. multiple NODE clients hosted on the same public IP will not be eligible). Also consider a  reset or reduction of a wallet's 'score' once block is generated.

Activity (Sent transactions, 'Proof of Former Stake')
PROS
Hypotheticla anti-hoarding effect: encourages use of currency. Hard to say how much this would apply in practice.
Increases value of block reward due to transaction fees

CONS
Blockchain Bloat - Liable to increase unnecessary transactions

When forging, former NODE seems more valuable than current NODE..?
If I have 2 wallets and send all my Node from Wallet A to Wallet B, Wallet A has a greater likleyhood of forging a block. This gives me an advantage over stakeholders who let their balance sit in their initial wallet.
This also does nothing to discourage users from leaving their balances on exchanges as there's no inherent value in retaining a balance in your wallet.
Weighting of spent transaction would need to be balanced with transaction fee such that it is unprofitable to send amounts between wallets for the purpose of increasing 'activity'

Risk of '51% attack' - long-time active nodes with high volume of transactions between them could malicoulsly seperate from the network and outpace it. Actual risk does of course depent wholly on how the network deals with forks and how these factors play into block generation.
Consider Incorporating a peer count into block generation likleyhood (i.e. a node that goes from 30 peers to 0 peers, will not generate blocks). Also consider somehow encoding a node's peer count/data into the generated block hash, then factor this into fork reconciliation (no clue if this could actually work)

---End Transmission---

Cryptoworld is back on track. BTC back to the good path and node to the moon.

He has short-long personality disorder. The compulsive need to short/long coins.

FUDs when he shorts a coin and HYPEs when he's long. He is a serious addict and needs proper counselling.

dont list taunsew , maybe he sell below 70 satoshis and want buy cheap again 

Been seeing your FUD in quite a lot of new coin threads.

First you're against them and then for them and then against.

Maybe this might be your case:

Multiple personality disorder (dissociative personality)

http://www.webmd.com/mental-health/dissociative-identity-disorder-multiple-personality-disorder

Thx for the info guys.

I just checked.  Trying to move a large amount, like 100,000 has a fee of 350.  Since most blocks are 0, once those coins were moved and chances to forge are increased, it is likely that soon thereafter the person that moved the 100,000 and paid 350 will just forge a block of 0.  

It seems like there isn't a way to game the system by moving funds, at least at this stage.  It seems like the chances to forge is really just dependent by whoever has left the client going the longest.   If somebody does happen to move coins, then yes, they get a good chance to forge.  It only makes sense as they are the ones paying fees, so it is nice they have a change to get some back.  All and all, it seems like a nice system and better than PoW.  It seems like the Node client is very light and easy to run in the background.  I also like how people are rewarded for maintaining the network and processing transactions (any transactions even small ones) instead of just doing busy work like in PoW.

PoW was a good way to bootstrap a coin in that it got people interested in a coin and helping to maintain it, but this method is better.  A nod to the devs

Edit: I just looked and it seems like quite a few blocks have really high fees as some people are moving around large amounts of NODE.  And at other times it is less than 1 NODE. 

You don´t need the webwallet. Just type your password in the windows wallet and you have access to your coins.

just be patient,.
Node only need more exchange right now

If you are a large holder and keep moving your balance around yeah, you'll forge more blocks than most but you'll lose more than you gain. You aren't forging every block so the blocks you dont forge you will lose much more than the ones you do forge.

I am wondering the same thing.  If I move all my coins out, then I could be the most likely forager, especially if I am a large coin holder.  Buuuuuut..... I am curious about the fee paid, and it might be possible that the fee would be higher than the probable amount forged.  If it isn't random, maybe I could move coins and then be the next person to forge, but with a little randomness it becomes a gamble. 

from what i understood, there is a certain degree of randomness to the forging algo

Brokers and TaunSew (TauntStew) are trolls just put them on ignore and be done with them.


AFA the POA forging, I have not read the whitepaper so sorry but from this it sounds like I can just move all coins from one address to another each forge cycle and If I have the most coins I will be the only one forging. Or do I not understand this correct? I am just leaving my coins until Https is available in the original wallet.

i already send the message to cryptsy,.request to add nodecoin
they only answer the team will review to see if it meets requirements for addition to the Cryptsy exchange.

If that were the case then the price would be going down, no?  There's just no price building which indicates a lack of buyers.

The people who got free stakes are dumping for some BTC, this is normal for a new coin.

Why is the price so low