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Topic: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come - page 272. (Read 785531 times)

member
Activity: 81
Merit: 10
完美的工作,这是划时代的技术,货币盾非凡卓越,是送给全世界向往自由的人民致敬!!!


The perfect job, this is epoch-making technology, coinshield extraordinary excellence, is to give to the world of free people aspire to salute
legendary
Activity: 1512
Merit: 1000
quarkchain.io
OP looks very professional , thanks KK
sr. member
Activity: 518
Merit: 275
If you fail...just dont fail again
OP has been updated  Smiley
legendary
Activity: 812
Merit: 1000
all is going well here i see! excellent dev team and excellent ideas.

Regards,
ActualUpsurge

Hey welcome ActualUpsurge !

Difficulty its 70.926524 so high, at this price is absolutely unprofitable for minig,
can anyone who mining could says hasrate and 24hour coins reward at this hashrate ?

If its not profitable to mine then there is no logic in running for it.
lot of copy/paste coins without block explorer, site, maintain price of 600- 1000 sat.
and CSD is only around 600 sat. at this point and this diff, that is very cheap.

Unfortunately the miners need to know this and stop selling at this price for the price to go up. This is in part with us creating value and consensus of value for assets in the free market.

Thank You,
Viz.

Clearly the difficulty and price are rising... people are investing BTC and energy into CSD.  Miners are mining in anticipation of increased value and difficulty in the future.  This is a great!  

https://bittrex.com/Market/?MarketName=BTC-CSD
legendary
Activity: 812
Merit: 1000
Here is an article regarding Quantum computers and potential SHA2 vulnerability should the NSA succeed in building them: http://www.bitcoinnotbombs.com/bitcoin-vs-the-nsas-quantum-computer/

Quote
All of that is a complicated way of saying that while an attacker with a quantum computer could derive the private key from the public key, he couldn’t derive the public key from the Bitcoin address since the public key was run through multiple quantum-resistant one-way hash functions.

However, you do have to broadcast your public key to the network to make a transaction, otherwise there is no way to verify your signature. What this implies is that in the face of an NSA quantum computer all Bitcoin addresses would have to be considered one-time use addresses. Whenever you make a transaction you would have to send any excess bitcoin to a newly generated address as “change”. If you didn’t remove the entire balance from your address, the NSA could steal the remainder. While this is inconvenient, it would buy the developers enough time to swap out ECDSA for a quantum-resistant digital signature scheme. - from user pistdov in IRC


I love that CoinShield is way ahead of the game with pure SHA3 Quantum security  Cool
member
Activity: 98
Merit: 10
GlideSEC - www.glidesec.com
all is going well here i see! excellent dev team and excellent ideas.


Regards,
ActualUpsurge
legendary
Activity: 868
Merit: 1058
Creator of Nexus http://nexus.io
Difficulty its 70.926524 so high, at this price is absolutely unprofitable for minig,
can anyone who mining could says hasrate and 24hour coins reward at this hashrate ?

If its not profitable to mine then there is no logic in running for it.
lot of copy/paste coins without block explorer, site, maintain price of 600- 1000 sat.
and CSD is only around 600 sat. at this point and this diff, that is very cheap.

Unfortunately the miners need to know this and stop selling at this price for the price to go up. This is in part with us creating value and consensus of value for assets in the free market.

Thank You,
Viz.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
Difficulty at 92, time to pull off the 980's to welcome the farms. Everything is good in the beginning.
sr. member
Activity: 518
Merit: 275
If you fail...just dont fail again
Bring your umbrella and enjoy the rain... #CoinShield on IRC

sr. member
Activity: 466
Merit: 250
Difficulty its 70.926524 so high, at this price is absolutely unprofitable for minig,
can anyone who mining could says hasrate and 24hour coins reward at this hashrate ?

If its not profitable to mine then there is no logic in running for it.
lot of copy/paste coins without block explorer, site, maintain price of 600- 1000 sat.
and CSD is only around 600 sat. at this point and this diff, that is very cheap.
legendary
Activity: 868
Merit: 1058
Creator of Nexus http://nexus.io
Difficulty its 70.926524 so high, at this price is absolutely unprofitable for minig,
can anyone who mining could says hasrate and 24hour coins reward at this hashrate ?

If its not profitable to mine then there is no logic in running for it.

You forget profitability is not always determined by the current circumstances, as the asset is really worth what price you choose to liquidate it at, which would be determined by when the sale is made. Right now, the price doesn't warrant liquidation, but at a higher premium, mining is quite profitable, which means that to mine now until this point of premium is more profitable than to liquidate at this price or wait until the higher premium.

This is most likely what is driving the difficulty up right now, as most are mining as a future investment rather than instantaneous profitability.

Thank You,
Viz.
sr. member
Activity: 1036
Merit: 275
Difficulty its 70.926524 so high, at this price is absolutely unprofitable for minig,
can anyone who mining could says hasrate and 24hour coins reward at this hashrate ?

If its not profitable to mine then there is no logic in running for it.
legendary
Activity: 868
Merit: 1058
Creator of Nexus http://nexus.io
Digital Recyclers Capitalization Activation

So everybody knows, we must maintain a strong market capitalization to absorb these coins. Since the decay equations will supply roughly ~30% of currency to the Digital Recyclers, this means that 30% of our market cap should be larger than the coin to be absorbed. This is to ensure the growing value in CSD, and the continued replenishment of the recyclers.

Part of this Recycling system is designed to allow users the choice at to the rate of their automated sales, which will influence the corresponding market liquidity. Coin Shield condones nothing more than the choice of users, which is why liquidity effect can be determined by users. This is because some users will wish to crash the corresponding economy, and some users would just like to get rid of the false asset they are holding.

This will be instrumental - for us to encapsulate the largest perspective of opinions and desires - this will make such a system the most usable.
Now to the Capitalization Activation, coins with much smaller market caps such as new launches, etc. will be most vulnerable to petitions and recyclers, where coins that have manipulated the market for an extended time will take more time for the opinions to reach veracity of the objective reality.

Now, with developers and their lovely pre-mines, I have been designing a sort of blockchain tracer in my head that I am considering implementing into the Recyclers, as to where coins sent rooting from a pre-mine block will be rejected, remove a developer's ability to pre-mine a coin and try to make it profitable. This would be instrumental in absorbing of XPY if this was chosen by the community, as they have a significant market squeeze that is fueled by the pre-mine, where if this could be filtered out, we can greatly increase the Capitalization Activating by eliminating the coins that are used for the market squeeze aiming to recycle the coins that users mined or staked.

Last purpose of the Digital Recyclers is to give users a slight compensation for their losses, to help restore their morale in digital currencies, and show many users that it is possible for environments to be developed that incubate knowledge, rather than exploiting ignorance. Creating this platform will provide the much needed safety in the industry to stimulate more wealth and understanding among its users.

Thank You,
Viz.
sr. member
Activity: 318
Merit: 250
Nexus pool : http://nexusniropool.cestballot.fr/
Easy and speedy wallet sync needed ?  Grin

blockchain save : http://www.cestballot.fr/downn/coinshield/

created with windows 64 wallet 1.0.2

I will update file all week.  Cool

Best regards

Cest Ballot
sr. member
Activity: 466
Merit: 250
Difficulty its 70.926524 so high, at this price is absolutely unprofitable for minig,
can anyone who mining could says hasrate and 24hour coins reward at this hashrate ?
sr. member
Activity: 518
Merit: 275
If you fail...just dont fail again
Mining became 2x more hard Cool
Community grows, dumpers have less coins to dump Grin

Now its only for the professionals.

Never too many miners Cheesy

We need to pump up to 1,5k satoshi. Till than mining is not profitable=((


When it gets to 1.5k satoshi's more miners will jump on and difficulty will rise and it will once again be unprofitable.... I think you should mine all you can afford to and hold it until it is worth a lot more then 1.5k sats  Smiley Value will rise as we progress.
full member
Activity: 184
Merit: 100
Mining became 2x more hard Cool
Community grows, dumpers have less coins to dump Grin

Now its only for the professionals.

Never too many miners Cheesy

We need to pump up to 1,5k satoshi. Till than mining is not profitable=((
legendary
Activity: 812
Merit: 1000
Mining became 2x more hard Cool
Community grows, dumpers have less coins to dump Grin

Now its only for the professionals.

Never too many miners Cheesy
legendary
Activity: 1512
Merit: 1000
quarkchain.io
That seems very nice, I coud point some examples there too Smiley
legendary
Activity: 812
Merit: 1000
One more question...

When is Coinshield planning to get the show on the road (meaning destroy it's first shitcoin)?

Petitions have already started: http://coinshieldtalk.org/forum/coin-shield-talk/shitcoin-petitions

I would estimate that 30-60 days from now the first scamcoin will be lined up at the guillotine... hopefully sooner with more people's help.
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