Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1319. (Read 3058812 times)

Quote from: ycagel on July 17, 2014, 02:08:57 PM

New York just released their proposed "Bitcoin Businesses" regulations. They are insane/going to kill off all innovation in NY. Plus, now anyone creating an opensource cryptocurrency that does not retain the names, addresses & locations of everyone using that currency will be considered a criminal.

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/cizyqyz

Thats not true, Im in NY, lets please not blow this up. If you are an exchange operator in NY then yes your clients would need to be identified. But as far as I read it, aside from that, a coin developer would only need to get licensed for the creation of the digital currency. Not every single person using it or mining it.

CryptoLTD

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How has the experience with Cryptsy been? Can you fund via credit cards or is it ACH only? In addition, how quickly does it to take for the USD to show up? This has been my biggest issue with Coinbase. A cap and 4-5 days for the larger investment to come through.

YC

Quote from: CryptoLTD on July 17, 2014, 12:35:53 PM

Quote from: RJF on July 17, 2014, 11:54:53 AM

Quote from: ycagel on July 17, 2014, 09:54:49 AM

I wonder what their daily withdrawal and deposit cap is. Surprised they got money transmitter licenses that fast. I thought it was a much longer process in the US.

YC

Quote from: DigiByte on July 16, 2014, 10:35:09 PM

This is a big step forward for Bitcoin in the USA. Has anyone tried out this company? http://www.coindesk.com/trucoin-opens-mastercard-visa-bitcoin-buying/

They can only sell in a few states at the current time, very limited. They need a license in each state they want to service. Give it some time, it will grow...

Cryptsy is going threw the same things from what I gather, they have their FinCEN BSA in Florida, which is why I trade there, USD/BTC markets. Their I believe the 1st in the US to offer that trading pair on a market, not just a buying or selling service like coinbase.

I'm US Based, so, I dont know about their egopay, but as soon as a check clears, its in. That being said, they are working on much faster means for deposits, as they are a compliant exchange and not 'Joes Schmo's Crypto Emporium', these things do take time, it is one that they are actively working on.

DigiByte

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Quote from: RJF on July 18, 2014, 12:14:57 AM

Bad news from New York State for US users and exchanges:

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/

Let's tell them how we feel about this loud and hard! Just try to stay civil... There's still time to change these poorly thought out policies.

Yes. As much as this infuriates us we should all approach this in a civil, well mannered way. By explaining in detail how some of their proposed regulations are not only unenforceable, they are completely impossible we can effect some change.

Also, for those of us in the states, let's contact our local state representative s to effect some positive changes for future generations.

RJF

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Online since '89...

Bad news from New York State for US users and exchanges:

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/

Let's tell them how we feel about this loud and hard! Just try to stay civil... There's still time to change these poorly thought out policies.

tarzanbigcity

sr. member

Activity: 602

Merit: 250

Hey guys, perhaps we can rally some people here for support for PIMP support on the nvidia platform. You can donate to the dev here. I love mining various coins but running nvidia miners on windows can be a bit buggy at times. Lets get some support behind these guys for us nvidia peeps.

I am loving the multi-algo approach DGB is taking here lately.

http://www.getpimp.org/features.html

3) develop and release pimp nvidia 17FEj7UEwH32PadCtWnyAS5hGYv7f99Lki Jun 14th 0.23 2.00 1.77 11%

They are currently only 11% funded. But with our support perhaps we can complete that goal. I for one love the pimp platform and I think bringing it to nvidia would be a godsend.

RJF

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Online since '89...

Quote from: DigiByte on July 17, 2014, 11:39:03 PM

Quote from: RJF on July 17, 2014, 11:32:56 PM

Quote from: RJF on July 17, 2014, 11:32:56 PM

New York just released their proposed "Bitcoin Businesses" regulations. They are insane/going to kill off all innovation in NY. Plus, now anyone creating an opensource cryptocurrency that does not retain the names, addresses & locations of everyone using that currency will be considered a criminal.

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/cizyqyz

Read this for some clarity: http://www.coindesk.com/bitcoin-industry-nydfs-bitlicense-proposal/

It's not as bad as it seems and folks are already starting to push back on the parts that make no sense....

Yes, some of the regulations make sense. But some are completely impractical. I have already spoken with our attorney who read over the proposed laws. As they stand some are unconstitutional and New York's attempt to regulate & put undo burdens on interstate commerce would most likely be shot down by the Supreme Court.

I am going to write my state regulators here in Idaho to urge them to follow Texas's lead and not New York's. I would urge everyone who is in the US to do the same with their state representatives. Some states could follow new New York's lead, which could be a huge burden on all of us.

Sounds reasonable. Since this could effect us all, how about some info on who to contact in NY to register a complaint on this set of laws? The article said they were accepting comments but did not give an email address...

DigiByte

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Official DigiByte Account

New York just released their proposed "Bitcoin Businesses" regulations. They are insane/going to kill off all innovation in NY. Plus, now anyone creating an opensource cryptocurrency that does not retain the names, addresses & locations of everyone using that currency will be considered a criminal.

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/cizyqyz

Read this for some clarity: http://www.coindesk.com/bitcoin-industry-nydfs-bitlicense-proposal/

It's not as bad as it seems and folks are already starting to push back on the parts that make no sense....

Yes, some of the regulations make sense. But some are completely impractical. I have already spoken with our attorney who read over the proposed laws. As they stand some are unconstitutional and New York's attempt to regulate & put undo burdens on interstate commerce would most likely be shot down by the Supreme Court.

I am going to write my state regulators here in Idaho to urge them to follow Texas's lead and not New York's. I would urge everyone who is in the US to do the same with their state representatives. Some states could follow new New York's lead, which could be a huge burden on all of us.

RJF

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Activity: 616

Merit: 500

Online since '89...

Quote from: haggis on July 17, 2014, 08:26:05 PM

New York just released their proposed "Bitcoin Businesses" regulations. They are insane/going to kill off all innovation in NY. Plus, now anyone creating an opensource cryptocurrency that does not retain the names, addresses & locations of everyone using that currency will be considered a criminal.

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/cizyqyz

Read this for some clarity: http://www.coindesk.com/bitcoin-industry-nydfs-bitlicense-proposal/

It's not as bad as it seems and folks are already starting to push back on the parts that make no sense....

DigiByte

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Activity: 1722

Merit: 1051

Official DigiByte Account

New York just released their proposed "Bitcoin Businesses" regulations. They are insane/going to kill off all innovation in NY. Plus, now anyone creating an opensource cryptocurrency that does not retain the names, addresses & locations of everyone using that currency will be considered a criminal.

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/cizyqyz

DigiByte

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Activity: 1722

Merit: 1051

Official DigiByte Account

Just tried to mine myriad-groestl with my cpu and got the following:

./minerd -a myr-gr -o http://69.164.206.169:20001 -u groestl -p iWanttominesomedgbGroestl
[2014-07-18 02:24:34] HTTP request failed: The requested URL returned error: 500 Internal Server Error
[2014-07-18 02:24:34] json_rpc_call failed, retry after 30 seconds

it' offline Tongue

Now with 100Mh/s on Skein.

edit:

Code:

Mining Algorithm #3: DigiGPU (Skein)
This is the most efficient GPU mining algo of all 5 and can be mined with a specialized cgminer download.

In which way is this algo efficient? My HD5870 is at 85°C and so I guess it sucks max power from the wall Huh

There also seems to be a bug on http://69.164.206.169/workers as it shows the exact same hashrate for Skein as for Scrypt.

Yes, skein does appear to be a power hog. We are in the process of re-working the pool. We have brought in some pool experts to help us workout the pool kinks as it has been causing some fuss.

We kept experiencing crashes with Qubit and we also could not get Groestl working correctly. We will keep you posted. Please go ahead and pull your hash from the test pool for the time being.

Will post another update later today/tomorrow.

Thanks again everyone!

haggis

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Activity: 984

Merit: 1000

Just tried to mine myriad-groestl with my cpu and got the following:

./minerd -a myr-gr -o http://69.164.206.169:20001 -u groestl -p iWanttominesomedgbGroestl
[2014-07-18 02:24:34] HTTP request failed: The requested URL returned error: 500 Internal Server Error
[2014-07-18 02:24:34] json_rpc_call failed, retry after 30 seconds

it' offline Tongue

Now with 100Mh/s on Skein.

edit:

Code:

Mining Algorithm #3: DigiGPU (Skein)
This is the most efficient GPU mining algo of all 5 and can be mined with a specialized cgminer download.

In which way is this algo efficient? My HD5870 is at 85°C and so I guess it sucks max power from the wall Huh

There also seems to be a bug on http://69.164.206.169/workers as it shows the exact same hashrate for Skein as for Scrypt.

ycagel

hero member

Activity: 924

Merit: 1000

The caps on Coinbase for a level 2 authentication are 1K instant buy and 50K per day. Little bit low.

YC

Quote from: RJF on July 17, 2014, 05:04:09 PM

Quote from: ycagel on July 17, 2014, 02:08:57 PM

How has the experience with Cryptsy been? Can you fund via credit cards or is it ACH only? In addition, how quickly does it to take for the USD to show up? This has been my biggest issue with Coinbase. A cap and 4-5 days for the larger investment to come through.

YC

The only thing I relate on this is that they currently require you send them a check for USD deposit. And, their account verify process is quite cumbersome requiring multiple scanned docs, etc. I am verified but haven't used the service since I don't use paper checks! Go figure, digital currency and paper checks needed to buy it.

They say they will be adding more advanced means shortly, I'll let you know how it works when that happens...

PS: Agreed on Coinbase, too much time...

RJF

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Activity: 616

Merit: 500

Online since '89...

Quote from: ycagel on July 17, 2014, 02:08:57 PM

How has the experience with Cryptsy been? Can you fund via credit cards or is it ACH only? In addition, how quickly does it to take for the USD to show up? This has been my biggest issue with Coinbase. A cap and 4-5 days for the larger investment to come through.

YC

The only thing I relate on this is that they currently require you send them a check for USD deposit. And, their account verify process is quite cumbersome requiring multiple scanned docs, etc. I am verified but haven't used the service since I don't use paper checks! Go figure, digital currency and paper checks needed to buy it.

They say they will be adding more advanced means shortly, I'll let you know how it works when that happens...

PS: Agreed on Coinbase, too much time...

HR

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Transparency & Integrity

Quote from: DigiByte on July 17, 2014, 02:39:29 PM

Quote from: SirChiko on July 17, 2014, 02:20:14 PM

Quote from: DigiByte on July 17, 2014, 02:09:27 PM

Quote from: SirChiko on July 17, 2014, 02:20:14 PM

Just wanted to give everyone an update. The testing has went somewhat decently but it has revealed a few issues we need to address. We are working on ironing the kinks out as we speak.

The biggest problem we have ran into has actually been with the mining pool itself. Setting up all 5 mining algorithms on one mining pool as proved a bit ambitious. To date there are no mining pools out there that have been able to achieve that with NOMP. Stay tuned for more updates! We are working hard and want to make sure there are no issues when we roll out this update! Thanks for all your support and help with testing!

Good luck! What does that NOMP mean?

NOMP= Node Open Mining Portal. It is a next generation mining pool that supports multiple coins, as well as multiple hashing algos. It does not require a user to sign up, thereby mitigating security breaches/ stolen coins etc.

https://github.com/zone117x/node-open-mining-portal

Oh i'll research this, not sure if i heard about it yet.

Awesome! If anyone knows of any other up & coming mining pool technologies we would love to hear about them!

Don't know of anything else, but, now that we mention it, NOMP looks pretty darned good. Wink

https://github.com/zone117x/node-open-mining-portal/wiki

DigiByte

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Official DigiByte Account

Quote from: DigiByte on July 17, 2014, 02:09:27 PM

Quote from: DigiByte on July 17, 2014, 02:09:27 PM

Just wanted to give everyone an update. The testing has went somewhat decently but it has revealed a few issues we need to address. We are working on ironing the kinks out as we speak.

The biggest problem we have ran into has actually been with the mining pool itself. Setting up all 5 mining algorithms on one mining pool as proved a bit ambitious. To date there are no mining pools out there that have been able to achieve that with NOMP. Stay tuned for more updates! We are working hard and want to make sure there are no issues when we roll out this update! Thanks for all your support and help with testing!

Good luck! What does that NOMP mean?

NOMP= Node Open Mining Portal. It is a next generation mining pool that supports multiple coins, as well as multiple hashing algos. It does not require a user to sign up, thereby mitigating security breaches/ stolen coins etc.

https://github.com/zone117x/node-open-mining-portal

Oh i'll research this, not sure if i heard about it yet.

Awesome! If anyone knows of any other up & coming mining pool technologies we would love to hear about them!

SirChiko

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Activity: 966

Merit: 1000

Just wanted to give everyone an update. The testing has went somewhat decently but it has revealed a few issues we need to address. We are working on ironing the kinks out as we speak.

The biggest problem we have ran into has actually been with the mining pool itself. Setting up all 5 mining algorithms on one mining pool as proved a bit ambitious. To date there are no mining pools out there that have been able to achieve that with NOMP. Stay tuned for more updates! We are working hard and want to make sure there are no issues when we roll out this update! Thanks for all your support and help with testing!

Good luck! What does that NOMP mean?

NOMP= Node Open Mining Portal. It is a next generation mining pool that supports multiple coins, as well as multiple hashing algos. It does not require a user to sign up, thereby mitigating security breaches/ stolen coins etc.

https://github.com/zone117x/node-open-mining-portal

Oh i'll research this, not sure if i heard about it yet.

DigiByte

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Activity: 1722

Merit: 1051

Official DigiByte Account

Quote from: CryptoLTD on July 17, 2014, 12:35:53 PM

Just wanted to give everyone an update. The testing has went somewhat decently but it has revealed a few issues we need to address. We are working on ironing the kinks out as we speak.

The biggest problem we have ran into has actually been with the mining pool itself. Setting up all 5 mining algorithms on one mining pool as proved a bit ambitious. To date there are no mining pools out there that have been able to achieve that with NOMP. Stay tuned for more updates! We are working hard and want to make sure there are no issues when we roll out this update! Thanks for all your support and help with testing!

Good luck! What does that NOMP mean?

NOMP= Node Open Mining Portal. It is a next generation mining pool that supports multiple coins, as well as multiple hashing algos. It does not require a user to sign up, thereby mitigating security breaches/ stolen coins etc.

https://github.com/zone117x/node-open-mining-portal

ycagel

hero member

Activity: 924

Merit: 1000

How has the experience with Cryptsy been? Can you fund via credit cards or is it ACH only? In addition, how quickly does it to take for the USD to show up? This has been my biggest issue with Coinbase. A cap and 4-5 days for the larger investment to come through.

YC

Quote from: RJF on July 17, 2014, 11:54:53 AM

Quote from: ycagel on July 17, 2014, 09:54:49 AM

I wonder what their daily withdrawal and deposit cap is. Surprised they got money transmitter licenses that fast. I thought it was a much longer process in the US.

YC

Quote from: DigiByte on July 16, 2014, 10:35:09 PM

This is a big step forward for Bitcoin in the USA. Has anyone tried out this company? http://www.coindesk.com/trucoin-opens-mastercard-visa-bitcoin-buying/

They can only sell in a few states at the current time, very limited. They need a license in each state they want to service. Give it some time, it will grow...

Cryptsy is going threw the same things from what I gather, they have their FinCEN BSA in Florida, which is why I trade there, USD/BTC markets. Their I believe the 1st in the US to offer that trading pair on a market, not just a buying or selling service like coinbase.

SirChiko

legendary

Activity: 966

Merit: 1000