Topic: Qwertycoin - Safe. Simple. Secure. CPU/GPU/ASIC [CryptoNight] Mobile Wallet - page 26. (Read 55223 times)

nice that is a good start.I think airdrop on crex will create massive downturn. received intucoin but I don't really care.

1 dollar mean184 billion usd total value.current bitcoin market capital.
However, this one 1 million user base creation is not QWC's responsibility.
It is user's responsibility only if users want to get it up 1 dollar value.
Active participation and donation is the only way to make this happen.

The SSL certificates issues at CREX24 have been resolved and everything is working normally for QWC.

Beware, to deposite use exchange crex24 or new exchange other

at 2018 year, many a lot new market exchange with SSL just 2 month or 4 month
after, all people a lot deposite to there exchange and then offline
or, they are run away for stolen your money

by the way, your can learning from history scam exchange: Bitindia & Coingather
2 ceo from, that exchange its true bad poor man

https://i.imgur.com/91gv8gZ.png

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https://i.imgur.com/IuqcGmd.png


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https://i.imgur.com/z5ybMD3.png



so, we must thingking smart again to make doing deposite
use, to experience exchange with more more
for example, old exchange with certified trusted of recommend
save your currency, and keep protect your privacy.

No one is immune to falls, this is the market. For me, this price change is immaterial, the coin is too young. I HODL!

What do you mean by "covered"? Do mean backed by something or what?

yes, the team is working on the Roadmap and on a Whitepaper.  It takes time to do a good job, create original content and not just cut/paste from other coins white papers.  I'm sure you're all read Whitepapers that are literally a copy of someone else's paper with the name of the coin changed.  That isn't the QWC way!   

Every time I see this project above and with more collaboration from the community, it is necessary that the prices go up a bit more, raise the difficulty and the developers create a better presentation with a roadmap and whitebook that conveys everyone and we will see how this project grows as the foam !!

Many encourage the developers and coin dumpers you can go a bit to take for ass.

I agree with you. Changing the algorithm to CryptonightV7 should not be very difficult, many coins are now moving to this algorithm. We can use their experience in this matter.

CryptonightV7 would be a good choice for the given moment. I cannot remember exactly but I think Monero will switch its algorithm multiple times per year to keep ASICs out of the game, this is the only way for a coin to stay ASIC resistant.

most cryptocurrency software do not work or cannot be copied or downloaded without turning of Microsoft Defender. Later I turned Defender back on with a exception rule for the folder the cryptosoftware was in. When I scan the PC the only time Defender goes crazy is when it stumbles over cryptosoftware.

My wallet did not work and they needed more info before they could help me so I dumped the logfile here on this forum. Shortly after that my wallet began sending coins. I've just noticed it in my wallet on another PC.

I think a very obvious and reasonable choice would be cryptonightv7 (if I have that correct?) the same algorithm chosen by other coins previously using cryptonight and chosen for precisely the reasons we have been discussing (ASIC mining resistance).

Many of the software "miners" people already use for qwertycoin have already updated to include this capability so it would be relatively easy for many people to just slightly change some miner config and keep mining. An example is XMR-Stak.

Obviously a hard fork is a big deal, but I am very interested in this coin BUT I will not mine it without the change. Then if you did change I would probably mine immediately and for quite a while, because everything else about this seems good to my "prospectors instincts".

Which algorithm do you suggest?  and why?

https://www.reddit.com/r/QWERTYCOIN/comments/8gi8xt/a_case_for_asic_resistance/

I will express my opinion repeatedly, without changing the algorithm to ASIC-resistant, we risk being exposed to centralization.

Thank you for your thoughts, we appreciate the feedback and will be discussing the prospect of anti-ASIC algorithms in the near future.

I already have made my opinion known about this, but in perhaps a bit of a rude way earlier in the thread.

I have a friend who is happily mining QWC with a couple of 1080ti's and some CPUs and making many thousands of them a day - hoping that this coin may one day be worth even $0.10 and he will make some good profit.

I understand his reasoning, and I want to investigate this coin more to try to understand if there is anything that makes it "different" or have some utility to make it stand out amongst the thousands of "shitcoins" out there and if I do like what I find in my research I may mine some too, BUT....

if this coin gains in price and volume enough to get enough attention that plain cryptonight ASIC miners start pointing their hash-rate at it, it will be terrible for the coin IMHO because it will centralize hashing power (CPU/GPU only coins are usually inherently more decentralized) and you will have individuals or groups with large amounts of hash-rate and coins who can manipulate it's price. One example is someone who has lots of hash power of cryptonight can mine QWT right now and make probably millions of coins in days. Then they could "undersell" to artificially lower the price, then once the price has lowered enough they buy back many more, then they wait a week or three and do it again, until they have a huge number of coins. Then they engage in pumping the coin by spending money on social media campaigns to hype it, then they dump all their coins when the price has spiked up a bit.
I think that CPU only coins are ultimately the most decentralized but I don't know how hard it is to find an algorithm like that. MAGI coin has done it for years with M7M. GPU algorithms that use low power or can be mined with almost any GPU are good too.

Anyway, my point is I really WISH you would move away from a non-ASIC resistant algorithm. I wish all coins would but it's too late for the ones that have already gone through CPU to GPU to FPGA to ASIC, unless they fork of course. I think it was very brave of Monero to fork given the market cap they have because forking is always risky and controversial.

This coin is still young and forking it would be easier now than later.

I agree completely. In recent years, the complexity has increased a lot and I get much less coins from my rig. I am sure it is ASIC's fault. All known coins changed the algorithm to increase the resistance to ASIC. The rest will be attacked)))

Please check the transaction hashes of your transactions through the Explorer: https://explorer.qwertycoin.org
There's a small backlog of TXs at the moment (400+), so they should be pushed through eventually. Any coins that sit in the mempool too long will be removed and sent back to the user within 7 days.


Thank you, I understand and appreciate your opinion.

I prefer 100% ASIC resistant algorithms.
Is more democratic.