Stealable coins? | Bitcointalksearch.org

qwertyGuy

member

Activity: 115

Merit: 10

Quote from: Doggey on December 20, 2013, 04:12:55 AM

So those coins themselves are just as hard as Bitcoin to attain.

Though you'd expect them to have a higher value than they do right now.

Minning difficulty does not give coin value. Usefulness does help giving coin value so the coin is more in demand

bitpop

legendary

Activity: 2912

Merit: 1060

No they are much easier, that is why when you find abtc block, you can prove you did enough work.

Doggey

newbie

Activity: 28

Merit: 0

Oh I see, so that's where those coins come from. Very interesting!

So those coins themselves are just as hard as Bitcoin to attain.

Though you'd expect them to have a higher value than they do right now.

bitpop

legendary

Activity: 2912

Merit: 1060

When I mine BTC, I get free GPC, NMC, IXC, IOC and DVC.
http://mmpool.bitparking.com/pool

Doggey

newbie

Activity: 28

Merit: 0

Quote from: michwill on December 20, 2013, 03:32:06 AM

Just noticed this: https://bitcointalksearch.org/topic/annusc-first-merged-minable-scryptcoin-unitedscryptcoin-exchange-available-353688.

While you mine, say, LTC, you simultaneously produce USC with exact same hashes (?). Does it mean, if you own USCs, you can steal LTCs with exact same hashes? Or do I understand the whole *coin protocol wrong?

I heard this is the same with Namecoin, if you mine a single Bitcoin, you also get a Namecoin for free.

How does it work? I don't know. Someone please explain.

bitpop

legendary

Activity: 2912

Merit: 1060

Its called merge mining

michwill

newbie

Activity: 54

Merit: 0

Just noticed this: https://bitcointalksearch.org/topic/annusc-first-merged-minable-scryptcoin-unitedscryptcoin-exchange-available-353688.

While you mine, say, LTC, you simultaneously produce USC with exact same hashes (?). Does it mean, if you own USCs, you can steal LTCs with exact same hashes? Or do I understand the whole *coin protocol wrong?

Topic: Stealable coins? (Read 457 times)