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Topic: [RELEASE] Liquidcoin (Speculation based) - page 7. (Read 29222 times)

full member
Activity: 134
Merit: 100
January 18, 2012, 04:41:18 AM
#22
yes but 1 share != 1 hash
legendary
Activity: 2142
Merit: 1009
Newbie
January 18, 2012, 04:37:52 AM
#21
There is a phrase on http://www.litecoinpool.org

In case you are wondering, 65536 is the average number of shares to be solved in order to solve a block on difficulty 1.

So I based my calculations on 65536.
full member
Activity: 134
Merit: 100
January 18, 2012, 04:22:56 AM
#20
25 kh/s, how long will it take to mine a block?

Let's count together...

Difficulty 0.05 means that in average u need to go thru 65536 / 0.05 = 1310720 hashes. With 25 kh/s it should take 1310720 / 25000 = 52.4288 seconds.

Could anyone verify my calculations, plz?

isn't 2^32 * 0.05 / 25000 = 8589 (2h 23 min) ?
legendary
Activity: 2142
Merit: 1009
Newbie
January 18, 2012, 04:06:08 AM
#19
25 kh/s, how long will it take to mine a block?

Let's count together...

Difficulty 0.05 means that in average u need to go thru 65536 / 0.05 = 1310720 hashes. With 25 kh/s it should take 1310720 / 25000 = 52.4288 seconds.

Could anyone verify my calculations, plz?
hero member
Activity: 742
Merit: 500
January 18, 2012, 03:58:18 AM
#18
Fixed difficulty? lol

Why so many trollcoins being announced?
member
Activity: 98
Merit: 10
January 18, 2012, 03:55:41 AM
#17
25 kh/s, how long will it take to mine a block?
hero member
Activity: 504
Merit: 500
January 18, 2012, 03:02:36 AM
#16
i support this coin, or at least, i want to see it get a good chance, i want the only reason it fails to be its own fault

also, liquid(coin) is not solid(coin)
donator
Activity: 1654
Merit: 1350
Creator of Litecoin. Cryptocurrency enthusiast.
January 18, 2012, 02:52:25 AM
#15
To put it in perspective with Litecoin... Litecoin currently has a difficulty of 1.14442 and the block times are 2.5 minutes. If Liquidcoin gets popular and has as much hashrate as Litecoin right now (33 mhash/s), with a difficulty of 0.05, a block will be found every 6.5 seconds.
hero member
Activity: 504
Merit: 500
January 18, 2012, 02:50:43 AM
#14
seems made to be solo mined, kind of anti pool (almost)
legendary
Activity: 2142
Merit: 1009
Newbie
January 18, 2012, 02:35:47 AM
#13
Agree. That's why I asked the question.
legendary
Activity: 1204
Merit: 1015
January 18, 2012, 02:28:12 AM
#12
  • Fixed difficulty (0.05)
  • Because of it's fixed difficulty, transactions will never be slow

Fixed difficulty means that with a lot of miners we could reach 1 block/second rate and even faster, doesn't it?

"Slow" is quite relative. Do u have exact numbers?
It also means that there will only ever be one pool. Once you get below 1 block every 3 seconds, latency becomes an overwhelming factor.

This failed before it even started.
sr. member
Activity: 324
Merit: 250
January 18, 2012, 02:25:51 AM
#11
Has anyone been able to build this under ubuntu.
I'm getting errors like this....
/usr/bin/ld: cannot find -lgdi32
collect2: ld returned 1 exit status
make: *** [liquidcoin] Error 1
legendary
Activity: 2142
Merit: 1009
Newbie
January 18, 2012, 02:23:22 AM
#10
  • Fixed difficulty (0.05)
  • Because of it's fixed difficulty, transactions will never be slow

Fixed difficulty means that with a lot of miners we could reach 1 block/second rate and even faster, doesn't it?

"Slow" is quite relative. Do u have exact numbers?
hero member
Activity: 504
Merit: 500
January 18, 2012, 02:16:56 AM
#9
i didnt have any problems with the release package

neither did i, hence why i could upload it, but others have, i would guess it is the fault of their isp's
sr. member
Activity: 291
Merit: 250
BTCRadio Owner
January 18, 2012, 02:09:18 AM
#8
i didnt have any problems with the release package
hero member
Activity: 504
Merit: 500
January 18, 2012, 01:53:54 AM
#7
some people we're having trouble with the zip being corrupted, so i reuploaded it to mediafire http://www.mediafire.com/?1qvdgmcmlqs8axt
hero member
Activity: 504
Merit: 500
January 18, 2012, 01:14:16 AM
#6
i got a block, yay  Grin

50 LQC's
hero member
Activity: 504
Merit: 500
January 18, 2012, 12:31:19 AM
#5
Liquidcoin's block reward will reach 10LQC after ~40.000 blocks.

what is the block reward now?

and has anyone gotten a block?
sr. member
Activity: 291
Merit: 250
BTCRadio Owner
January 18, 2012, 12:00:13 AM
#4
liquidcoin.conf
hero member
Activity: 504
Merit: 500
January 17, 2012, 11:56:05 PM
#3
what is the .conf filename?
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