[EMC] EMERCOIN — Blockchain Service Platform. PoS&PoW | BTC merge-mined - page 44.

craslovell

legendary

Activity: 1470

Merit: 1021

Quote from: BTC4QB on April 29, 2017, 01:39:20 AM

Quote from: craslovell on April 23, 2017, 03:09:53 PM

Hello everyone, we are going to try to catch the attention of Poloniex. Anyone who retweets this status here: https://twitter.com/EmerCoin_EMC/status/856219736568463360 and emails [email protected] including a link to their tweet and their EMC address will receive 1 free EMC!

This will be limited to the first 250 retweets and expanded/modified if the campaign draws enough attention.

Also be sure to follow @Emercoin_EMC on Twitter as well as Poloniex.

Now let's get Emercoin on Poloniex!

i did it and emailed but got nothing (2 days ago) Angry

Payouts will happen every Saturday. I should have mentioned that earlier. So you can expect it later today/tomorrow.

BTC4QB

full member

Activity: 252

Merit: 100

Aliens are real!

Quote from: craslovell on April 23, 2017, 03:09:53 PM

Hello everyone, we are going to try to catch the attention of Poloniex. Anyone who retweets this status here: https://twitter.com/EmerCoin_EMC/status/856219736568463360 and emails [email protected] including a link to their tweet and their EMC address will receive 1 free EMC!

This will be limited to the first 250 retweets and expanded/modified if the campaign draws enough attention.

Also be sure to follow @Emercoin_EMC on Twitter as well as Poloniex.

Now let's get Emercoin on Poloniex!

i did it and emailed but got nothing (2 days ago) Angry

gnarcoinguy

member

Activity: 86

Merit: 10

Hi, guys, please support emercoin here - https://bitcointalk.org/index.php?topic=420836.1820

drlukacs

sr. member

Activity: 854

Merit: 253

l0tt0.com

Quote from: zoo4 on April 27, 2017, 03:54:23 PM

what it mean E62? 62 euro?

Right, after emc will be added to the poloniex

zoo4

newbie

Activity: 27

Merit: 0

what it mean E62? 62 euro?

cnupo

full member

Activity: 155

Merit: 100

vote for adding on Poloniex here https://bitcointalksearch.org/topic/m.18774613

craslovell

legendary

Activity: 1470

Merit: 1021

Emercoin Core v0.6.2 has been released.

Read the exciting news here: https://medium.com/@emer.tech/in-satoshis-footsteps-the-emercoin-developers-have-announced-the-complete-decentralization-of-82ba18376d97

Some of the major points of the update are optional checkpoints (turn checkpoints on or off) and/or user specified checkpoints, as well as a built in coin exchanger in the wallet!

You can download the latest release here: https://emercoin.com/#download
Be sure to follow our official Twitter account here: https://twitter.com/emercoin_emc

craslovell

legendary

Activity: 1470

Merit: 1021

Quote from: ahhung0519 on April 24, 2017, 11:53:47 PM

What are the results of the development of the external release? Please talk about the next major development focus! Thank you very much, I am a rising follower

This question will be answered shortly. Keep an eye out for more information Wink

ahhung0519

newbie

Activity: 2

Merit: 0

Quote from: Fixx on April 10, 2017, 02:57:47 PM

Quote from: Emerger on April 10, 2017, 02:23:06 PM

The move to merged mining increases the security of the EMC blockchain significantly. Before merged-mining anyone with a large amount of sha-256 hashpower could have attacked the EMC network (e.g. 51% attack), or just to get all the PoW rewards. I don't know if it will increase the price - but it improves the value

I am sure others have thoughts.

Prior to launching the merged mining, 51% attack was impossible due to the peculiarities of PoS & Pow. But now, we can take the next steps for real decentralization, getting rid of some hereditary features of Peercoin.
[/quot

What are the results of the development of the external release? Please talk about the next major development focus! Thank you very much, I am a rising follower

craslovell

legendary

Activity: 1470

Merit: 1021

Hello everyone, we are going to try to catch the attention of Poloniex. Anyone who retweets this status here: https://twitter.com/EmerCoin_EMC/status/856219736568463360 and emails [email protected] including a link to their tweet and their EMC address will receive 1 free EMC! (Payouts will occur every saturday)

This will be limited to the first 250 retweets and expanded/modified if the campaign draws enough attention.

Also be sure to follow @Emercoin_EMC on Twitter as well as Poloniex.

Now let's get Emercoin on Poloniex!

Alec40Gr

member

Activity: 99

Merit: 10

you were right, it seems so, thanks a lot...

Emerger

full member

Activity: 199

Merit: 102

Quote from: Alec40Gr on April 21, 2017, 04:26:44 AM

hi, is there a bootstrap file of the blockchain so i don't have to sync from scratch ?

hi, I don't believe there is a bootstrap file available, but as emc uses 10 minute block times, the chain is still pretty small and should only take a few hours to sync (at most). That's my experience anyway. If you are finding it take a long time then please let us know how long it is taking, and maybe somebody from the community can make a bootstrap file available.

Alec40Gr

member

Activity: 99

Merit: 10

hi, is there a bootstrap file of the blockchain so i don't have to sync from scratch ?

craslovell

legendary

Activity: 1470

Merit: 1021

Quote from: PremiumCodeX on April 15, 2017, 12:06:53 PM

Quote from: Emerger on April 11, 2017, 01:20:44 PM

I thought the "not a super detailed response" explanation by craslovell was excellent

Merge mining allows Bitcoin miners to simultaneously mine Emercoin with their mining equipment. So a 51% attacker now needs to control 51% of much larger hashing power, whereas before they would only need to control 51% of the hashing power that had been dedicated only to Emercoin. And on top of it, an attacker also needs to own a huge amount of emc, due to Proof-of-Stake.

So, the combination of Proof-of-Stake with merged mined PoW should make EMC blockchain very difficult to reverse with the conventional 51% type of blockchain attacks.

I like how it builds up in regards to security. Blockchain technologies are secure by design, but "secure" should develop with the technological development. I think, EMC is ahead of the current situation. That is why it could explode to the moon when environment gets mature enough to adapt it.

The technology is already here on the Emer blockchain. Now with a little luck perhaps Poloniex will consider the addition of an EMC/BTC market after their announcement of 17 other coin markets being dropped.

This is something fans/users of Emercoin have been requesting for a long time. It is not a necessity since there are several other reliable exchanges to trade Emercoin however I'm sure it would be warmly received by the public.

cnupo

full member

Activity: 155

Merit: 100

PoW Difficulty 160,540,093,589

PremiumCodeX

hero member

Activity: 1204

Merit: 531

Metaverse 👾 Cyberweapons

Quote from: Emerger on April 11, 2017, 01:20:44 PM

I thought the "not a super detailed response" explanation by craslovell was excellent

Merge mining allows Bitcoin miners to simultaneously mine Emercoin with their mining equipment. So a 51% attacker now needs to control 51% of much larger hashing power, whereas before they would only need to control 51% of the hashing power that had been dedicated only to Emercoin. And on top of it, an attacker also needs to own a huge amount of emc, due to Proof-of-Stake.

So, the combination of Proof-of-Stake with merged mined PoW should make EMC blockchain very difficult to reverse with the conventional 51% type of blockchain attacks.

I like how it builds up in regards to security. Blockchain technologies are secure by design, but "secure" should develop with the technological development. I think, EMC is ahead of the current situation. That is why it could explode to the moon when environment gets mature enough to adapt it.

tinoco

newbie

Activity: 22

Merit: 0

Hi @Fixx, @Emerger, and @craslovell,

Thanks for your responses!

Best regards!

Emerger

full member

Activity: 199

Merit: 102

Quote from: Fixx on April 10, 2017, 02:57:47 PM

But now, we can take the next steps for real decentralization, getting rid of some hereditary features of Peercoin.

@Fixx What hereditary features of Peercoin can EMC now remove for more decentralization? Thanks for your answer!

Emerger

full member

Activity: 199

Merit: 102

Quote from: craslovell on April 10, 2017, 08:14:08 PM

This makes a 51% attack on Emercoin a self destructive move by the attacker since they would simultaneously be damaging the network and devaluing their own massive coin holdings.

I thought the "not a super detailed response" explanation by craslovell was excellent

Merge mining allows Bitcoin miners to simultaneously mine Emercoin with their mining equipment. So a 51% attacker now needs to control 51% of much larger hashing power, whereas before they would only need to control 51% of the hashing power that had been dedicated only to Emercoin. And on top of it, an attacker also needs to own a huge amount of emc, due to Proof-of-Stake.

So, the combination of Proof-of-Stake with merged mined PoW should make EMC blockchain very difficult to reverse with the conventional 51% type of blockchain attacks.

craslovell

legendary

Activity: 1470

Merit: 1021

Quote from: tinoco on April 10, 2017, 07:48:41 PM

Quote from: Fixx on April 10, 2017, 02:57:47 PM

Prior to launching the merged mining, 51% attack was impossible due to the peculiarities of PoS & Pow. But now, we can take the next steps for real decentralization, getting rid of some hereditary features of Peercoin.

Hi Fixx or any forum member,

What makes a 51% attack impossible due to the peculiarities of PoS & Pow? How does PoS & PoW hybridity protect the network from a 51% attack. Could you explain in detail the peculiarities of PoS & PoW that makes a 51% attack impossible?

Best regards!

This is not a super detailed response but with PoW and PoS working in tandem it would essentially take someone having a minimum of both 51% of the network hashpower and at least 51% of the total coin supply in their posession.

This makes a 51% attack on Emercoin a self destructive move by the attacker since they would simultaneously be damaging the network and devaluing their own massive coin holdings.

In summary technically it was possible before merged mining but it would have been a fruitless move that required spending a large sum of money to perform. Only someone with several millions dollars to waste and a serious grudge against the Emer blockchain would have had the means to do it.

Topic: [EMC] EMERCOIN — Blockchain Service Platform. PoS&PoW | BTC merge-mined - page 44. (Read 393776 times)