What Algo will be used for mining?
It's undecided. He mentioned x13 but I'd rather see Dagger-Hashimoto used.
I would actually prefer a high X.. algo because of the reduced powerdraw.
Topic: | STRATIS | The first blockchain developed for businesses |Full POS - page 1135. (Read 1891162 times)
July 24, 2016, 10:11:48 AM
It's undecided. He mentioned x13 but I'd rather see Dagger-Hashimoto used.
I would actually prefer a high X.. algo because of the reduced powerdraw.
July 24, 2016, 09:56:43 AM
What Algo will be used for mining?
It's undecided. He mentioned x13 but I'd rather see Dagger-Hashimoto used.
July 24, 2016, 09:52:09 AM
What Algo will be used for mining?
July 24, 2016, 09:14:38 AM
İ wish they they would have used https://cyber.fund/radar too. İ suggested it 2 weeks ago but maybe they could not get in contact with them
July 24, 2016, 09:12:06 AM
Good to hear positive feedback on the Google hangout interview with the CEO, hope it draws more fund to the project and any truth about the Tai Zen thing.
I contacted him on Twitter in regards to whether he would like to interview Chris. He replied 'Yes'. I'm still waiting for him to join our slack.
That is a great news for stratis team, Tai zen and Leonfu have real crypto followers, any recommendation from them is going to give this project a great lift even after ICO. Factom, waves and NXT are testimony to this
OH, NO, Stratis will be overbought, I prefer after ICO, or the ICO flippers will come to spoil this project!!!
Overbought at what price, anything less than 5000BTC for this project is under-funding which is not good, because they need this fund to achieve their set goals
5k is overbought, even iota raised 1300btc, they are 20X now, so you can think what kind of coin can raise 5K in ico, mastercoin did it in 2013, and successful project factom only raised 1K. So i estimate this project will bt 500BTC is ok, unless they release with full functions, that could be a 5k btc project. Now it is nothing, so 500 is decent
Yeah i think it will hit 500 btc at the end of the ico, thats is my prediction too. İ hope it will be enough for the team love the the project...
July 24, 2016, 09:10:12 AM
Good to hear positive feedback on the Google hangout interview with the CEO, hope it draws more fund to the project and any truth about the Tai Zen thing.
I contacted him on Twitter in regards to whether he would like to interview Chris. He replied 'Yes'. I'm still waiting for him to join our slack.
That is a great news for stratis team, Tai zen and Leonfu have real crypto followers, any recommendation from them is going to give this project a great lift even after ICO. Factom, waves and NXT are testimony to this
OH, NO, Stratis will be overbought, I prefer after ICO, or the ICO flippers will come to spoil this project!!!
Overbought at what price, anything less than 5000BTC for this project is under-funding which is not good, because they need this fund to achieve their set goals
5k is overbought, even iota raised 1300btc, they are 20X now, so you can think what kind of coin can raise 5K in ico, mastercoin did it in 2013, and successful project factom only raised 1K. So i estimate this project will bt 500BTC is ok, unless they release with full functions, that could be a 5k btc project. Now it is nothing, so 500 is decent
July 24, 2016, 08:58:52 AM
Hey I was thinking,
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
Hm, valid concern actually…
Is POW stage absolutely necessary? why not go to POS from start? this would prevent possible 51% IMHO
It's impossible to predict the price of Stratis when live. We can only speculate. With under 500BTC invested the price of per Stratis will be about 550 Satoshi. Good chance investors will be in profit with the potential capabilities the Stratis Project has to offer.
Check out 9.30 mins- https://www.youtube.com/watch?v=-6W1zUZ4tgg
July 24, 2016, 08:58:30 AM
Hey I was thinking,
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
Hm, valid concern actually…
Is POW stage absolutely necessary? why not go to POS from start? this would prevent possible 51% IMHO
It's impossible to predict the price of Stratis when live. We can only speculate. With under 500BTC invested the price of per Stratis will be about 550 Satoshi. Good chance investors will be in profit with the potential capabilities the Stratis Project has to offer.
Check out 9.30 mins- https://www.youtube.com/watch?v=-6W1zUZ4tgg
Cool, I missed the last part about the mining community and such. Thanks Krushang
July 24, 2016, 08:52:51 AM
Hey I was thinking,
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
Hm, valid concern actually…
Is POW stage absolutely necessary? why not go to POS from start? this would prevent possible 51% IMHO
It's impossible to predict the price of Stratis when live. We can only speculate. With under 500BTC invested the price of per Stratis will be about 550 Satoshi. Good chance investors will be in profit with the potential capabilities the Stratis Project has to offer.
Check out 9.30 mins- https://www.youtube.com/watch?v=-6W1zUZ4tgg
July 24, 2016, 08:37:41 AM
I still didn't get an answer to my previous question:
if this is a business blockchain dev tool why would people use the public ledger over bitcoins or any other altcoin? what's different?
if this is a business blockchain dev tool why would people use the public ledger over bitcoins or any other altcoin? what's different?
That's C++ things, limited to C# devs, but this coin rewrites bitcoin in C# code, obviously it will help more C# devs join this platform.
July 24, 2016, 08:34:06 AM
Hey I was thinking,
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
Hm, valid concern actually…
Is POW stage absolutely necessary? why not go to POS from start? this would prevent possible 51% IMHO
It was mentioned in the Google hangout, that they want to group some miners around stratis. That is not a bad idea, since private/side/child chains may be secured using PoW.
Is there a parallel PoW/PoS phase planned? If yes, the danger sinks due to PoS securing the network as well, no?
Apart from that, maybe you could create a sidechain with its own coin that is purely PoW mineable and is mined parallel to the mainchain? Although I'm not too sure how to assign value to this coin.
July 24, 2016, 08:30:21 AM
I still didn't get an answer to my previous question:
if this is a business blockchain dev tool why would people use the public ledger over bitcoins or any other altcoin? what's different?
if this is a business blockchain dev tool why would people use the public ledger over bitcoins or any other altcoin? what's different?
July 24, 2016, 07:54:47 AM
Hey I was thinking,
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
Hm, valid concern actually…
Is POW stage absolutely necessary? why not go to POS from start? this would prevent possible 51% IMHO
July 24, 2016, 07:48:09 AM
Good to hear positive feedback on the Google hangout interview with the CEO, hope it draws more fund to the project and any truth about the Tai Zen thing.
I contacted him on Twitter in regards to whether he would like to interview Chris. He replied 'Yes'. I'm still waiting for him to join our slack.
That is a great news for stratis team, Tai zen and Leonfu have real crypto followers, any recommendation from them is going to give this project a great lift even after ICO. Factom, waves and NXT are testimony to this
OH, NO, Stratis will be overbought, I prefer after ICO, or the ICO flippers will come to spoil this project!!!
Overbought at what price, anything less than 5000BTC for this project is under-funding which is not good, because they need this fund to achieve their set goals
legendary
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July 24, 2016, 07:44:57 AM
When will the translation bounties be released krysang?
As stated on the Campaign blog: 'All bounties will be paid within 2 weeks after Stratis mainnet is live'
any chance of putting a reward/discount as an incentive to get late investors in those 2 last days?
No sorry, it would be unfair on the early investors.
awesome thanks for the info. i did not notice that
July 24, 2016, 07:41:59 AM
When will the translation bounties be released krysang?
As stated on the Campaign blog: 'All bounties will be paid within 2 weeks after Stratis mainnet is live'
any chance of putting a reward/discount as an incentive to get late investors in those 2 last days?
No sorry, it would be unfair on the early investors.
July 24, 2016, 07:33:26 AM
Hey I was thinking,
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
From google hangout, Mr. Trew said POW block reward will be kept very small to limit inflation.
and if ICO gets underfunded, below 500 BTC, then token price will likely be below 1000 satoshi.
which means mining Stratis will not be very profitable in the beginning, which means less hash power.
this opens up the network to possible 51% attack from competitors.
How will this issue be resolved, if came to realization?
Any thoughts?
Hm, valid concern actually…
July 24, 2016, 07:10:21 AM
any chance of putting a reward/discount as an incentive to get late investors in those 2 last days?
July 24, 2016, 06:48:47 AM
The Stratis ICO is LIVE
https://ico.stratisplatform.com
https://ico.stratisplatform.com
Only 63 hours left to invest ends 26th July 10pm GMT
Interview with Chris (Stratis CEO)- https://www.youtube.com/watch?v=-6W1zUZ4tgg
Interesting interview, thanks.
361 BTC now
July 24, 2016, 06:37:47 AM
Good to hear positive feedback on the Google hangout interview with the CEO, hope it draws more fund to the project and any truth about the Tai Zen thing.
I contacted him on Twitter in regards to whether he would like to interview Chris. He replied 'Yes'. I'm still waiting for him to join our slack.
That is a great news for stratis team, Tai zen and Leonfu have real crypto followers, any recommendation from them is going to give this project a great lift even after ICO. Factom, waves and NXT are testimony to this
OH, NO, Stratis will be overbought, I prefer after ICO, or the ICO flippers will come to spoil this project!!!
stratis will not reach the target that the dev team wanted so you would say it was always going to be overbrought and devs set people up to buy over brought coin?
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