Terracoin - not too low ? - page 3. | Bitcointalksearch.org

FuzzyBear

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Quote from: crazy_rabbit on November 09, 2012, 05:33:02 AM

Quote from: FuzzyBear on November 08, 2012, 11:09:37 AM

Ok so original OP said he found this browsing the Sourceforge site.... was wondering if there were any other forks of the blockchain that had been started and new alt coins out there that we SHOULD ALL KNOW ABOUT!! ??

So people can go psycho and destroy everyones work whenever they get started? hmmmm....

sorry nah I was just interested as to the phrasing of the OP in that he made it sound like this was one of many he found... there were no others that I could find that I not already heard about... but was actually just interested in case anyone had come up with other parameters in the coin design, or if there were other small networks that don't make it till it gets posted about on here etc... but yeah fair point to the fact that we have probably shocked the Terracoin developers with the hash rate they seeing on their fork... especially with all the warning signs on their wallet about do not use for mining or merchant stuff....

crazy_rabbit

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Quote from: ?? on ??

Quote from: MasterX on November 08, 2012, 10:58:39 AM

Quote from: ?? on ??

Is there anyone interested in "testing" Terracoin transactions? What I mean by that is = I have BTCs and I want TRCs. Any offer?

C'mon people, I don't wanna be stuck on just one yacht! Grin

How mush do you offer ~~for~~ per 20TRC?

0.002 BTC, or 1000 TRC for 0.1 BTC - you send first, of course.

No one is interested in selling? Seriously?

.5 BTC for 1TRC. :-)

No seriously, i'm glad no one is selling right now. Hold on to it, lets try and do something useful first!

crazy_rabbit

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Quote from: FuzzyBear on November 08, 2012, 11:09:37 AM

Ok so original OP said he found this browsing the Sourceforge site.... was wondering if there were any other forks of the blockchain that had been started and new alt coins out there that we SHOULD ALL KNOW ABOUT!! ??

So people can go psycho and destroy everyones work whenever they get started? hmmmm....

smoothie

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Quote from: Sunny King on November 08, 2012, 04:59:56 PM

A retargeting interval of 30 blocks (~ 1 hour) is probably a less than wise choice as then the difficulty is subject to miner manipulation to a large degree. There are good reasons why bitcoin wants to use a long adjustment interval of 2 weeks. ppcoin has continuous adjustment but still the average is over an effective interval of one week.

But the author seems to be working on a distributed p2p exchange (which doesn't seem to be related to terracoin directly). We'll see how that would pan out.

PPC and P2P exchange sounds interesting.

Sunny King

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A retargeting interval of 30 blocks (~ 1 hour) is probably a less than wise choice as then the difficulty is subject to miner manipulation to a large degree. There are good reasons why bitcoin wants to use a long adjustment interval of 2 weeks. ppcoin has continuous adjustment but still the average is over an effective interval of one week.

But the author seems to be working on a distributed p2p exchange (which doesn't seem to be related to terracoin directly). We'll see how that would pan out.

Mousepotato

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Quote from: ?? on ??

Quote from: Mousepotato on November 08, 2012, 12:11:19 PM

What's the cap on total Terracoins?

TerraCoin differs from Bitcoin in following terms :

Target difficulty is set to allow one new block every 2 minutes.
Difficulty retargetting occurs every 30 blocks.
Block reward is set to 20 TRC (20 TerraCoins).
Subsidy occurs every 1,050,000 blocks (reward/2 every 1458 days ; 4 years).
Targetted total amount of TRC : 42 millions.

http://terracoin.org

~~~~~

Switched from Coinotron to solo for 1 hour, just to check daily luck, and solved difficulty 1274 block! Grin

I must be blind or retarded (maybe a little of both) because I totally missed that when I originally went to the Terracoin site Tongue

Mousepotato

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What's the cap on total Terracoins?

MasterX

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Quote from: Nolo on November 08, 2012, 11:08:36 AM

Quote from: MasterX on November 08, 2012, 10:58:39 AM

Quote from: ?? on ??

Is there anyone interested in "testing" Terracoin transactions? What I mean by that is = I have BTCs and I want TRCs. Any offer?

C'mon people, I don't wanna be stuck on just one yacht! Grin

How mush do you offer for 20TRC?

Are you buying or selling?

If selling, .0001 BTC.
If buying, 1 BTC Grin

I'm hoarding until there comes a good use for these. I have faith in them.

haha, at that rate, i'd rather keep them for a while Grin

FuzzyBear

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Ok so original OP said he found this browsing the Sourceforge site.... was wondering if there were any other forks of the blockchain that had been started and new alt coins out there that we SHOULD ALL KNOW ABOUT!! ??

Nolo

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Whoa, there are a lot of cats in this wall.

Quote from: MasterX on November 08, 2012, 10:58:39 AM

Quote from: ?? on ??

Is there anyone interested in "testing" Terracoin transactions? What I mean by that is = I have BTCs and I want TRCs. Any offer?

C'mon people, I don't wanna be stuck on just one yacht! Grin

How mush do you offer for 20TRC?

Are you buying or selling?

If selling, .0001 BTC.
If buying, 1 BTC Grin

I'm hoarding until there comes a good use for these. I have faith in them.

MasterX

member

Activity: 88

Merit: 10

Quote from: ?? on ??

Is there anyone interested in "testing" Terracoin transactions? What I mean by that is = I have BTCs and I want TRCs. Any offer?

C'mon people, I don't wanna be stuck on just one yacht! Grin

How mush do you offer ~~for~~ per 20TRC?

Kumala

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Where can I get a Windows build from?

Nolo

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Whoa, there are a lot of cats in this wall.

Quote from: crazy_rabbit on November 07, 2012, 04:52:02 PM

Quote from: Nolo on November 07, 2012, 04:21:11 PM

Quote from: crazy_rabbit on November 07, 2012, 03:46:07 PM

Quote from: Nolo on November 07, 2012, 03:43:04 PM

I'd say its about time for someone to post terracoin on one of the main exchanges. But on the other hand that would just draw more attention to it, and thus make the difficulty go up. So maybe not quite yet Grin

I have to say no to this one. Not just because of the difficulty going up, because it's just not about that. It's been around a week, it's totally not time to do an exchange. Maybe in 3 months if it's still here we could talk about it then. But worse then drive attention to it and drive the difficulty up, it will just make it a target for attack. So I'd say, lets not talk exchanges. It is a great test bed for trying things out- there have been enough pump and dumps. There isn't even a block explorer yet, so people cant' even see if the coins are moving around without heading to the command line.

No,no, lets keep the exchange talk to a minimum and instead build cool stuff first.

I see your point. No reason to rush it. But wouldn't that likely help protect against an attack? More hashrate = harder to 51%.

And speaking of which, someone should get on a block explorer!

Maybe, or maybe it would show that the coin was worth nothing, everyone would stop mining it and the hashrate would drop the whole thing would die. Al-la Geist Geld, FairBrix, Tenebrix, IOcoin, IXcoin, the list goes on and on. The best thing to do for now is to stay off an exchange. :-)

And this is how discussions should be held on the internet. +1 you've convinced me

crazy_rabbit

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Quote from: Nolo on November 07, 2012, 04:21:11 PM

Quote from: crazy_rabbit on November 07, 2012, 03:46:07 PM

Quote from: Nolo on November 07, 2012, 03:43:04 PM

I'd say its about time for someone to post terracoin on one of the main exchanges. But on the other hand that would just draw more attention to it, and thus make the difficulty go up. So maybe not quite yet Grin

I have to say no to this one. Not just because of the difficulty going up, because it's just not about that. It's been around a week, it's totally not time to do an exchange. Maybe in 3 months if it's still here we could talk about it then. But worse then drive attention to it and drive the difficulty up, it will just make it a target for attack. So I'd say, lets not talk exchanges. It is a great test bed for trying things out- there have been enough pump and dumps. There isn't even a block explorer yet, so people cant' even see if the coins are moving around without heading to the command line.

No,no, lets keep the exchange talk to a minimum and instead build cool stuff first.

I see your point. No reason to rush it. But wouldn't that likely help protect against an attack? More hashrate = harder to 51%.

And speaking of which, someone should get on a block explorer!

Maybe, or maybe it would show that the coin was worth nothing, everyone would stop mining it and the hashrate would drop the whole thing would die. Al-la Geist Geld, FairBrix, Tenebrix, IOcoin, IXcoin, the list goes on and on. The best thing to do for now is to stay off an exchange. :-)

Nolo

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Whoa, there are a lot of cats in this wall.

Quote from: crazy_rabbit on November 07, 2012, 03:46:07 PM

Quote from: Nolo on November 07, 2012, 03:43:04 PM

I'd say its about time for someone to post terracoin on one of the main exchanges. But on the other hand that would just draw more attention to it, and thus make the difficulty go up. So maybe not quite yet Grin

I have to say no to this one. Not just because of the difficulty going up, because it's just not about that. It's been around a week, it's totally not time to do an exchange. Maybe in 3 months if it's still here we could talk about it then. But worse then drive attention to it and drive the difficulty up, it will just make it a target for attack. So I'd say, lets not talk exchanges. It is a great test bed for trying things out- there have been enough pump and dumps. There isn't even a block explorer yet, so people cant' even see if the coins are moving around without heading to the command line.

No,no, lets keep the exchange talk to a minimum and instead build cool stuff first.

I see your point. No reason to rush it. But wouldn't that likely help protect against an attack? More hashrate = harder to 51%.

And speaking of which, someone should get on a block explorer!

crazy_rabbit

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Activity: 1204

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RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: Nolo on November 07, 2012, 03:43:04 PM

I'd say its about time for someone to post terracoin on one of the main exchanges. But on the other hand that would just draw more attention to it, and thus make the difficulty go up. So maybe not quite yet Grin

I have to say no to this one. Not just because of the difficulty going up, because it's just not about that. It's been around a week, it's totally not time to do an exchange. Maybe in 3 months if it's still here we could talk about it then. But worse then drive attention to it and drive the difficulty up, it will just make it a target for attack. So I'd say, lets not talk exchanges. It is a great test bed for trying things out- there have been enough pump and dumps. There isn't even a block explorer yet, so people cant' even see if the coins are moving around without heading to the command line.

No,no, lets keep the exchange talk to a minimum and instead build cool stuff first.

Nolo

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Activity: 686

Merit: 500

Whoa, there are a lot of cats in this wall.

I'd say its about time for someone to post terracoin on one of the main exchanges. But on the other hand that would just draw more attention to it, and thus make the difficulty go up. So maybe not quite yet Grin

crazy_rabbit

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RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: coinotron on November 07, 2012, 05:38:09 AM

I've just started TRC pool at Coinotron

https://bitcointalksearch.org/topic/m.1321767

AWESOME! Thank you!

coinotron

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I've just started TRC pool at Coinotron

https://bitcointalksearch.org/topic/m.1321767

crazy_rabbit

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RUM AND CARROTS: A PIRATE LIFE FOR ME

If the earlier formula is right looks like we are up over 80Ghash! Maybe someone too my "test your asic" post seriously!

Topic: Terracoin - not too low ? - page 3. (Read 12105 times)