Topic: [NEW CURRENCY] Maria 2.0 was banned, here is her proof. The birth of Bytecoin! - page 21. (Read 106441 times)
April 16, 2013, 06:12:48 AM
i try to mine it with 300Mh, what is the diff now? how much coin i can generate for a day?
April 15, 2013, 05:20:00 PM
We both use google docs,
Ive been doing google spreadsheets for bitcoin projects since 2011, but Ive never had anyone have a problem logging in. *there is no logging in actually
I would be very surprised if he was able to load your spreadsheet and not mine.
*Additionally, with cryptoswap your orders are placed through a private form (link is on thread & in spreadsheet) and not out in public. Even more so, I actually escrow orders, and label funded and non funded orders as such. This means That green orders are funded and there is no need for communications and additional time when they are matched with a user. Non funded orders are temporary, and will be canceled if they are not funded the same day (really should just fund when you make an order to cut down on people "changing their mind" or "Going Broke" in the mean time).
Ive been doing google spreadsheets for bitcoin projects since 2011, but Ive never had anyone have a problem logging in. *there is no logging in actually
I would be very surprised if he was able to load your spreadsheet and not mine.
*Additionally, with cryptoswap your orders are placed through a private form (link is on thread & in spreadsheet) and not out in public. Even more so, I actually escrow orders, and label funded and non funded orders as such. This means That green orders are funded and there is no need for communications and additional time when they are matched with a user. Non funded orders are temporary, and will be canceled if they are not funded the same day (really should just fund when you make an order to cut down on people "changing their mind" or "Going Broke" in the mean time).
For WiseOldOwl and Anon136,
Neither of your pages will load with Firefox, cookies and javascript enabled, from URL posted here or in PM. Using FF 20.0.1. One does load with IE but doesn't display correctly and I don't know how to navigate. Will PM both of you separately. Thanks.
I've had no problems viewing either of their pages with Firefox 20.0.1
April 14, 2013, 09:24:32 PM
We both use google docs,
Ive been doing google spreadsheets for bitcoin projects since 2011, but Ive never had anyone have a problem logging in. *there is no logging in actually
I would be very surprised if he was able to load your spreadsheet and not mine.
*Additionally, with cryptoswap your orders are placed through a private form (link is on thread & in spreadsheet) and not out in public. Even more so, I actually escrow orders, and label funded and non funded orders as such. This means That green orders are funded and there is no need for communications and additional time when they are matched with a user. Non funded orders are temporary, and will be canceled if they are not funded the same day (really should just fund when you make an order to cut down on people "changing their mind" or "Going Broke" in the mean time).
Ive been doing google spreadsheets for bitcoin projects since 2011, but Ive never had anyone have a problem logging in. *there is no logging in actually
I would be very surprised if he was able to load your spreadsheet and not mine.
*Additionally, with cryptoswap your orders are placed through a private form (link is on thread & in spreadsheet) and not out in public. Even more so, I actually escrow orders, and label funded and non funded orders as such. This means That green orders are funded and there is no need for communications and additional time when they are matched with a user. Non funded orders are temporary, and will be canceled if they are not funded the same day (really should just fund when you make an order to cut down on people "changing their mind" or "Going Broke" in the mean time).
For WiseOldOwl and Anon136,
Neither of your pages will load with Firefox, cookies and javascript enabled, from URL posted here or in PM. Using FF 20.0.1. One does load with IE but doesn't display correctly and I don't know how to navigate. Will PM both of you separately. Thanks.
April 14, 2013, 04:46:13 PM
Really need an exchange with an api for my site (so I can get current price)....
April 14, 2013, 03:52:02 PM
We both use google docs,
Ive been doing google spreadsheets for bitcoin projects since 2011, but Ive never had anyone have a problem logging in. *there is no logging in actually
I would be very surprised if he was able to load your spreadsheet and not mine.
*Additionally, with cryptoswap your orders are placed through a private form (link is on thread & in spreadsheet) and not out in public. Even more so, I actually escrow orders, and label funded and non funded orders as such. This means That green orders are funded and there is no need for communications and additional time when they are matched with a user. Non funded orders are temporary, and will be canceled if they are not funded the same day (really should just fund when you make an order to cut down on people "changing their mind" or "Going Broke" in the mean time).
Ive been doing google spreadsheets for bitcoin projects since 2011, but Ive never had anyone have a problem logging in. *there is no logging in actually
I would be very surprised if he was able to load your spreadsheet and not mine.
*Additionally, with cryptoswap your orders are placed through a private form (link is on thread & in spreadsheet) and not out in public. Even more so, I actually escrow orders, and label funded and non funded orders as such. This means That green orders are funded and there is no need for communications and additional time when they are matched with a user. Non funded orders are temporary, and will be canceled if they are not funded the same day (really should just fund when you make an order to cut down on people "changing their mind" or "Going Broke" in the mean time).
April 14, 2013, 03:39:52 PM
Looking to buy 10,000 BTE, will pay in BTC. PM with offers. TIA.
Would you like me to add it to my orderbook?
Tried connecting to cryptoswap.com per PM from WiseOldOwl with Firefox but could not connect. Any hints?
New at this, please elaborate on orderbook. Thanks.
my order-book is http://www.bteex.com/ You dont need to connect to anything =P Just post in my thread exactly what sort of order you would like to place and i will add it to the orderbook. when/if your order is filled i will contact you with further details. It there is a link to the thread somewhere on the orderbook.
April 14, 2013, 03:34:24 PM
Looking to buy 10,000 BTE, will pay in BTC. PM with offers. TIA.
Would you like me to add it to my orderbook?
Tried connecting to cryptoswap.com per PM from WiseOldOwl with Firefox but could not connect. Any hints?
New at this, please elaborate on orderbook. Thanks.
April 14, 2013, 12:17:12 PM
Looking to buy 10,000 BTE, will pay in BTC. PM with offers. TIA.
Would you like me to add it to my orderbook?
April 14, 2013, 12:07:30 PM
Looking to buy 10,000 BTE, will pay in BTC. PM with offers. TIA.
April 13, 2013, 10:15:49 PM
Anon, messaged you.
April 13, 2013, 10:44:01 AM
can someone fill me in, I heard that byte coin might be fairly invulnerable to 51% attacks with the BTC retargeting
is this true, can someone give me the rundown? I just lost alot of faith in alternate coins from seeing my investment in terracoin cut in half with the system froze. it was whacker than whack, but I have heard bte isn't as affected by 51% attacks is this true, can someone explain this to me real quick?
much appreciated
is this true, can someone give me the rundown? I just lost alot of faith in alternate coins from seeing my investment in terracoin cut in half with the system froze. it was whacker than whack, but I have heard bte isn't as affected by 51% attacks is this true, can someone explain this to me real quick?
much appreciated
bte is a perfect clone of bitcoin. It has all of bitcoins strengths and weaknesses. Bitcoin can be 51% attacked so can bytecoin.
so... what's stopping asics from doing to bytecoin what they did to terracoin? anything?
we are the bytecoin community, you and me and a hand full of other people. So long as we understand that a 51% attack can only do very limited damage than we wont be shaken out of our position because of it. Its important to understand that a 51% attack doesnt destroy the network, it just puts it on hold for a little while. and all the time that a person is 51% attacking is costing them lots of money, so eventually the attack will end and things will return to normal.
BBQcoin had a 51% attack early in its history. It's now ancient history. BBQcoin is a perfectly viable coin at this point in time.
As you say, a 51% attack does not destroy the network, and can really only do limited damage.
In the future, as alt-coin supporters have more hashing power, this will be much less of an issue.
The 51% attack is not what any of the alt-coins should be concerned about. The only thing a 51% attack does for the "attacker" is allow very easy double-spends. When he/she has enough hash power to create a chain faster then the rest of the network, he/she will build a chain in private and when ready place that chain on the live network he/she is targeting. The "attackers" chain is longer, so the client/daemons will adopt the attackers chain as the "valid" chain.
This allows the "attacker" to reverse transactions, allowing him/her to double spend at will. However, notice the second part of this attack, he/she has to have somebody/something to trade the coins for in order for the double spends to mean anything. Once this happens, it becomes easy to see the "attack" and his/her trading partners simply stop taking transactions. This stops the usefulness of the attack.
What we will see is a difficulty type of attack to kill an alt-chain. There are two types of this kind of attack.I will start with the one TRC is going through now.
1. TRC is being manipulated by somebody with an ASIC. He/she is basically ramping up the difficulty by running his/her ASIC until the difficulty hits a certain height. When his/her target difficulty is reached, he/she points the ASIC elsewhere, and waits for the difficulty to plummet. Once the difficulty floors out he/she points the ASIC back at TRC generating blocks extremely fast and hence generating a large amount of TRC for him/herself. The solution to this, besides my recommendation of ASIC hardening or changing to PPC type difficulty targeting , is to increase the amount of time (time is measured in number of blocks with cryptocoin clients/daemons) between difficulty switches or increase the averaging length for calculating difficulty.
However, those solutions allow attack number 2 to happen:
2.Use an ASIC(s) to ramp up the difficulty to absurd levels and simply stop mining that chain. With long adjustment and averaging times, it can take a long time for the difficulty to come back down to a level acceptable for the user base. During this time the chain will essentially become frozen as blocks can take hours, even days to solve. If the attacker wants to, he/she can simply wait until the difficulty hits a certain level, and once again point his/her ASIC(s) at the chain until the difficulty get absurd again. This will effectively kill the chain.
FRC went through this a couple of months ago, though I do not believe it was an attack but more the symptom of a balloon growth of mining. With so many coins being brought to market, hash-rate got diluted. FRC has a longer averaging time and difficulty switch time than average and it took a good month(s) or so for the difficulty to drop down to a reasonable level compared to users. FRC caught a break , as it's difficulty drop happened right in the middle of the HUGE rally that occurred among all the coins a few weeks ago, it survived and it's difficulty is pretty consistent with its current user base.
Anyway, just throwing that out there. The developers of SHA-256 alt-coins are either going to harden against ASIC or adopt a PPC like difficulty algo. I fear otherwise these chains will be destroyed and fail, not on their merits or the natural death of free market decision, but by people who happen to have technology not available to 99.99% of the market.
I continue to look at using scrypt as a way to harden SHA-256 to ASIC's, not in the sense of making the SHA-256 coins into LTC/NVC clones, but just enough to cause ASIC's to lose their advantage over the GPU miners and allow these young coins to grow or die by natural market conditions.
Yes some people will use their ASIC(s) to help strengthen alt-coin chains, but most honest people will mine BTC ($100 BTC = $2500 blocks). The hardcore BTC community will probably be the first and have the most ASIC(s), think about what their intentions for the alt-coins might be like.
Yes i worked this latter problem out in my head not too long before this post, and you have articulated it quite well. Since blocks coming in too fast is only a minor inconvenience and blocks coming in to slowly could kill the network. What about a change to the code that would cause the difficulty to adjust more often, say every 100 blocks and instead of 2016 and instead of relying only on data from the last re-target alone to calculate the new difficulty, it could look at the last 10 re-targets and compare it to the 10 re-targets before that. Of course these numbers are rather arbitrary but hopefully you will see my point.
April 13, 2013, 10:29:16 AM
Just thought I would add what the current TRC attack looks like:
Notice the rise in difficulty into the ~17k - 21K range, then the extremely fast drop, then the very fast rise to 17K ~ 21k again.
Notice the rise in difficulty into the ~17k - 21K range, then the extremely fast drop, then the very fast rise to 17K ~ 21k again.
Code:
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104254 2013-04-13 12:42:04 2 3053.9845 17753.154 2085130 30.0919 169.146 64.8903%
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104252 2013-04-13 12:21:33 1 20 13758.6 2085090 30.0783 169.132 64.9011%
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104250 2013-04-13 12:17:37 1 20 4647.332 2085050 30.0762 169.129 64.9031%
104249 2013-04-13 12:16:32 2 140 2478.576 2085030 30.0757 169.129 64.9037%
104248 2013-04-13 12:14:35 1 20 1239.288 2085010 30.0746 169.127 64.9047%
104247 2013-04-13 12:14:30 1 20 660.953 2084990 30.0749 169.127 64.9048%
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104233 2013-04-13 11:34:42 1 20 26736.599 2084710 30.0528 169.1 64.9239%
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104216 2013-04-13 11:28:41 1 20 1.09 2084370 30.0536 169.095 64.927%
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104166 2013-04-13 08:59:37 1 20 4732.235 2083370 29.9689 168.992
April 13, 2013, 09:56:41 AM
In a difficulty algorithm, is it possible to just cap the hash each individual miner can utilize?
April 13, 2013, 09:33:08 AM
can someone fill me in, I heard that byte coin might be fairly invulnerable to 51% attacks with the BTC retargeting
is this true, can someone give me the rundown? I just lost alot of faith in alternate coins from seeing my investment in terracoin cut in half with the system froze. it was whacker than whack, but I have heard bte isn't as affected by 51% attacks is this true, can someone explain this to me real quick?
much appreciated
is this true, can someone give me the rundown? I just lost alot of faith in alternate coins from seeing my investment in terracoin cut in half with the system froze. it was whacker than whack, but I have heard bte isn't as affected by 51% attacks is this true, can someone explain this to me real quick?
much appreciated
bte is a perfect clone of bitcoin. It has all of bitcoins strengths and weaknesses. Bitcoin can be 51% attacked so can bytecoin.
so... what's stopping asics from doing to bytecoin what they did to terracoin? anything?
we are the bytecoin community, you and me and a hand full of other people. So long as we understand that a 51% attack can only do very limited damage than we wont be shaken out of our position because of it. Its important to understand that a 51% attack doesnt destroy the network, it just puts it on hold for a little while. and all the time that a person is 51% attacking is costing them lots of money, so eventually the attack will end and things will return to normal.
BBQcoin had a 51% attack early in its history. It's now ancient history. BBQcoin is a perfectly viable coin at this point in time.
As you say, a 51% attack does not destroy the network, and can really only do limited damage.
In the future, as alt-coin supporters have more hashing power, this will be much less of an issue.
The 51% attack is not what any of the alt-coins should be concerned about. The only thing a 51% attack does for the "attacker" is allow very easy double-spends. When he/she has enough hash power to create a chain faster then the rest of the network, he/she will build a chain in private and when ready place that chain on the live network he/she is targeting. The "attackers" chain is longer, so the client/daemons will adopt the attackers chain as the "valid" chain.
This allows the "attacker" to reverse transactions, allowing him/her to double spend at will. However, notice the second part of this attack, he/she has to have somebody/something to trade the coins for in order for the double spends to mean anything. Once this happens, it becomes easy to see the "attack" and his/her trading partners simply stop taking transactions. This stops the usefulness of the attack.
What we will see is a difficulty type of attack to kill an alt-chain. There are two types of this kind of attack.I will start with the one TRC is going through now.
1. TRC is being manipulated by somebody with an ASIC. He/she is basically ramping up the difficulty by running his/her ASIC until the difficulty hits a certain height. When his/her target difficulty is reached, he/she points the ASIC elsewhere, and waits for the difficulty to plummet. Once the difficulty floors out he/she points the ASIC back at TRC generating blocks extremely fast and hence generating a large amount of TRC for him/herself. The solution to this, besides my recommendation of ASIC hardening or changing to PPC type difficulty targeting , is to increase the amount of time (time is measured in number of blocks with cryptocoin clients/daemons) between difficulty switches or increase the averaging length for calculating difficulty.
However, those solutions allow attack number 2 to happen:
2.Use an ASIC(s) to ramp up the difficulty to absurd levels and simply stop mining that chain. With long adjustment and averaging times, it can take a long time for the difficulty to come back down to a level acceptable for the user base. During this time the chain will essentially become frozen as blocks can take hours, even days to solve. If the attacker wants to, he/she can simply wait until the difficulty hits a certain level, and once again point his/her ASIC(s) at the chain until the difficulty get absurd again. This will effectively kill the chain.
FRC went through this a couple of months ago, though I do not believe it was an attack but more the symptom of a balloon growth of mining. With so many coins being brought to market, hash-rate got diluted. FRC has a longer averaging time and difficulty switch time than average and it took a good month(s) or so for the difficulty to drop down to a reasonable level compared to users. FRC caught a break , as it's difficulty drop happened right in the middle of the HUGE rally that occurred among all the coins a few weeks ago, it survived and it's difficulty is pretty consistent with its current user base.
Anyway, just throwing that out there. The developers of SHA-256 alt-coins are either going to harden against ASIC or adopt a PPC like difficulty algo. I fear otherwise these chains will be destroyed and fail, not on their merits or the natural death of free market decision, but by people who happen to have technology not available to 99.99% of the market.
I continue to look at using scrypt as a way to harden SHA-256 to ASIC's, not in the sense of making the SHA-256 coins into LTC/NVC clones, but just enough to cause ASIC's to lose their advantage over the GPU miners and allow these young coins to grow or die by natural market conditions.
Yes some people will use their ASIC(s) to help strengthen alt-coin chains, but most honest people will mine BTC ($100 BTC = $2500 blocks). The hardcore BTC community will probably be the first and have the most ASIC(s), think about what their intentions for the alt-coins might be like.
April 13, 2013, 07:42:01 AM
how is bytecoin doing?
its doing very well! we have more than enough hashing power now to keep this train rolling. The future looks bright.
April 13, 2013, 07:07:36 AM
how is bytecoin doing?
April 13, 2013, 04:27:26 AM
I have a little question about the bytecoinpool When does my balance get "confirmed"
And at what time do you expect to implement PPS (i like steady payout, but until today the pools were all around 5-6ghash, so it didnt help me getting to a pool instead of solo mining bytecoin, now mining @ bytecoin pool with my 4ghash
(aadje93 on bytecoin pool)
And lastly, i would like to see a worker time-out warning (like ~no shares from worker X in the last 15 minutes warning message when you get on the site, shouldn't be that hard to code hopefully.
If you could help me with the confirmed/unconfirmed balance thing i would be happy
kind regards
aadje93
And at what time do you expect to implement PPS (i like steady payout, but until today the pools were all around 5-6ghash, so it didnt help me getting to a pool instead of solo mining bytecoin, now mining @ bytecoin pool with my 4ghash
(aadje93 on bytecoin pool)And lastly, i would like to see a worker time-out warning (like ~no shares from worker X in the last 15 minutes warning message when you get on the site, shouldn't be that hard to code hopefully.
If you could help me with the confirmed/unconfirmed balance thing i would be happy
kind regards
aadje93
April 12, 2013, 03:20:27 AM
Hey everyone,
I just launched the bytecoin emerald site. It's still in beta, so there might be bugs, just PM me or let me know on the topic if there are
If you want to try it out, it's over here:
http://bytecoin.us.to:9000/
I just launched the bytecoin emerald site. It's still in beta, so there might be bugs, just PM me or let me know on the topic if there are
If you want to try it out, it's over here:
http://bytecoin.us.to:9000/
April 11, 2013, 09:02:03 PM
Eh Bytecoin.
I like my idea for a new coin much better. Of course I would it's my idea.
The new coin is called KingCoinTM, Copyright 2013, (R). Proof of work is complete a level of Donkey Kong that has a many floors as there are in the Empire State Building. plus 15% of the coins value is indexed against all other digi-coins that have over $100mil market cap.
The Donkey Kong will have captchas to make sure people are playing and not bots.
Also this is KingCoin RC2 since RC1 had guess a number between 0 and 99 as proof of work. So we have a major step forward with this release.
The Donkey Kong game has a built in AI that varies difficulty based on the player's ability, and the payouts have a funky cool algo to make sure that more experienced players cannot game the system and take over the network.
This coin will be as truly Democratic as a coin can be and be digital. There will be none of this I have 50k to drop on ASICs or GPUs for LTC and can mine more cons than most people so I get to make more coin. Anyone with access to the net can play King Coin, and the game saves in progress any time.
I like my idea for a new coin much better. Of course I would it's my idea.
The new coin is called KingCoinTM, Copyright 2013, (R). Proof of work is complete a level of Donkey Kong that has a many floors as there are in the Empire State Building. plus 15% of the coins value is indexed against all other digi-coins that have over $100mil market cap.
The Donkey Kong will have captchas to make sure people are playing and not bots.
Also this is KingCoin RC2 since RC1 had guess a number between 0 and 99 as proof of work. So we have a major step forward with this release.
The Donkey Kong game has a built in AI that varies difficulty based on the player's ability, and the payouts have a funky cool algo to make sure that more experienced players cannot game the system and take over the network.
This coin will be as truly Democratic as a coin can be and be digital. There will be none of this I have 50k to drop on ASICs or GPUs for LTC and can mine more cons than most people so I get to make more coin. Anyone with access to the net can play King Coin, and the game saves in progress any time.
http://www.youtube.com/watch?v=TAryFIuRxmQ
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