[ FAQ about WorldCoin (WDC)
Last Poster: SolidSnke in WorldCoin on May 21, 2013, 10:22:56 am
What is WorldCoin?
WorldCoin is designed to be the digital currency of the future. WorldCoin runs off the popular scrypt protocol which enables it to have stability for early adapters and users by operating from regular existing computer hardware. At the forefront is our blazing fast speed. Your transaction will be fully confirmed in about 60 seconds or less. ]
and that imbecile call that "digital currency of the future" when you can not even have a p2pool.exe for windows user.
Topic: [WDC] Worldcoin | 3.0 Flirtatious Ant Released! | Multicoin architecture - page 113. (Read 442449 times)
May 22, 2013, 07:13:34 AM
May 22, 2013, 07:12:08 AM
Guys this is important, please read and don't ignore!
15 second block times like WorldCoin even 40% of the network hashrate could be too risky.
15 second block times like WorldCoin even 40% of the network hashrate could be too risky.
Very valid point ! I have used this pool, which is currently running under 10%, it has worked nicely and might be a good option if pool you use is getting too popular and risk the blockchain. I'm sure more pools are coming but at the moment WorldCoin is just taking its very first steps and needs some nurseing..
http://wdc.allpoolz.com/
May 22, 2013, 07:09:55 AM
Guys this is important, please read and don't ignore!
To prevent the blockchain splitting in 2 we need to be really careful about how much hashpower a pool has. I know typically it's the 50% figure pools try to avoid but for 15 second block times like WorldCoin even 40% of the network hashrate could be too risky. I am just pulling numbers out of thin air here, so someone else can feel free to add to this, but I am thinking a pool should shut down registrations at 30%... or even limit mining at 30%.
This won't be a problem once more and more pools spring up and the hash power becomes more distributed but right now this is an issue. I know mining pools want as much of the network hash as possible so they collect more fees but if they have too much hash power it will come at the expense of damaging WorldCoin which in turn damages their profits.
why would it hurt profits if there purpose is to maximize the amount of fee's? it's not like there is a shortage of pump and dump clone coins out there. To prevent the blockchain splitting in 2 we need to be really careful about how much hashpower a pool has. I know typically it's the 50% figure pools try to avoid but for 15 second block times like WorldCoin even 40% of the network hashrate could be too risky. I am just pulling numbers out of thin air here, so someone else can feel free to add to this, but I am thinking a pool should shut down registrations at 30%... or even limit mining at 30%.
This won't be a problem once more and more pools spring up and the hash power becomes more distributed but right now this is an issue. I know mining pools want as much of the network hash as possible so they collect more fees but if they have too much hash power it will come at the expense of damaging WorldCoin which in turn damages their profits.
May 22, 2013, 07:03:47 AM
and so, what chance to blockchain splitting?
May 22, 2013, 06:56:51 AM
Guys this is important, please read and don't ignore!
To prevent the blockchain splitting in 2 we need to be really careful about how much hashpower a pool has. I know typically it's the 50% figure pools try to avoid but for 15 second block times like WorldCoin even 40% of the network hashrate could be too risky. I am just pulling numbers out of thin air here, so someone else can feel free to add to this, but I am thinking a pool should shut down registrations at 30%... or even limit mining at 30%.
This won't be a problem once more and more pools spring up and the hash power becomes more distributed but right now this is an issue. I know mining pools want as much of the network hash as possible so they collect more fees but if they have too much hash power it will come at the expense of damaging WorldCoin which in turn damages their profits.
To prevent the blockchain splitting in 2 we need to be really careful about how much hashpower a pool has. I know typically it's the 50% figure pools try to avoid but for 15 second block times like WorldCoin even 40% of the network hashrate could be too risky. I am just pulling numbers out of thin air here, so someone else can feel free to add to this, but I am thinking a pool should shut down registrations at 30%... or even limit mining at 30%.
This won't be a problem once more and more pools spring up and the hash power becomes more distributed but right now this is an issue. I know mining pools want as much of the network hash as possible so they collect more fees but if they have too much hash power it will come at the expense of damaging WorldCoin which in turn damages their profits.
May 22, 2013, 06:28:16 AM
hope they will add soon
They have WDC with crypto-coins.de:8908
http://www.crypto-coins.de:8908/static/
Thank you man... It was late at night :-D and i messed up the ports
Heres the right announcement:
Pool is runnning great, but more hashing power is needed to find blocks:
crypto-coins.de:8908
As usual for P2Pool, just Point your miners on the above adress using your Wallett Adress as Username and a random passwort
Example:
See stats at www.crypto-coins.de:8908
Pool Fee ist 1 %
crypto-coins.de:8908
As usual for P2Pool, just Point your miners on the above adress using your Wallett Adress as Username and a random passwort
Example:
Code:
cgminer.exe --scrypt -u Wc27kGnE5nHa2tvhmsCVTb3uCic3fZsDa4 -p hsdrtu89dfgdhfg8 -o crypto-coins.de:8908
See stats at www.crypto-coins.de:8908
Pool Fee ist 1 %
May 22, 2013, 06:20:51 AM
May 22, 2013, 06:19:33 AM
Now we just need an Android dev to create a mobile thin client.
May 22, 2013, 01:07:14 AM
some of you might want to take a look at this https://bitcointalksearch.org/topic/top-10-coins-212301 worldcoin is fighting for 3rd place out of all digital currencys
yep I think it can even surpass LTC 
May 22, 2013, 12:56:19 AM
hope they will add soon
They have WDC with crypto-coins.de:8908
http://www.crypto-coins.de:8908/static/
May 21, 2013, 11:21:50 PM
hope they will add soon
May 21, 2013, 11:11:05 PM
Here is another great P2Pool for WDC Coin
crypto-coins.de:8908
As usual for P2Pool, just Point your miners on the above adress using your Wallett Adress as Username and a random passwort
Example:
See stats at www.crypto-coins.de:8908
Pool Fee ist 0 %
crypto-coins.de:8908
As usual for P2Pool, just Point your miners on the above adress using your Wallett Adress as Username and a random passwort
Example:
Code:
cgminer.exe --scrypt -u Wc27kGnE5nHa2tvhmsCVTb3uCic3fZsDa4 -p hsdrtu89dfgdhfg8 -o crypto-coins.de:8908
See stats at www.crypto-coins.de:8908
Pool Fee ist 0 %
[/quote]
I don't see wdc there
May 21, 2013, 09:24:05 PM
May 21, 2013, 08:53:18 PM
Here is another great P2Pool for WDC Coin
crypto-coins.de:8908
As usual for P2Pool, just Point your miners on the above adress using your Wallett Adress as Username and a random passwort
Example:
See stats at www.crypto-coins.de:8908
Pool Fee ist 0 %
[/quote]crypto-coins.de:8908
As usual for P2Pool, just Point your miners on the above adress using your Wallett Adress as Username and a random passwort
Example:
Code:
cgminer.exe --scrypt -u Wc27kGnE5nHa2tvhmsCVTb3uCic3fZsDa4 -p hsdrtu89dfgdhfg8 -o crypto-coins.de:8908
See stats at www.crypto-coins.de:8908
Pool Fee ist 0 %
May 21, 2013, 08:39:52 PM
Stabilized at 0.001. Better than CNC.
FTC went up when WDC went to mcxNOW also.
FTC went up when WDC went to mcxNOW also.
Yeah it's been fairly stable!!
May 21, 2013, 05:45:44 PM
Stabilized at 0.001. Better than CNC.
FTC went up when WDC went to mcxNOW also.
FTC went up when WDC went to mcxNOW also.
May 21, 2013, 04:55:22 PM
Yes I like the two also. WDC is going well despite some early dump in the exchange. It is normal for all coins, people will take some profits. But I think it is to stay, with faster transaction if it finds more acceptance, it will be great.
JKC is turning around slowly, with new leader and new logo, it looks great. Also with low diff at this time, it will really take off with more adoptions.
JKC is turning around slowly, with new leader and new logo, it looks great. Also with low diff at this time, it will really take off with more adoptions.
I really think all of these developers should sit down and talk, they really could do some good working together on a single coin vs all of these competing coins.
In no way saying that coin must be worldcoin btw, any would do.
Yes they should set up a developer thread where devs can combine power
May 21, 2013, 04:54:35 PM
The difficulty re-targeted nicely back to 6.9 after the flash crowd left, and that has put WDC back up the top of the mining profitability charts.
Which will invite them right back in...
so far it seems like it hasn't which is good
May 21, 2013, 04:44:13 PM
The difficulty re-targeted nicely back to 6.9 after the flash crowd left, and that has put WDC back up the top of the mining profitability charts.
Which will invite them right back in...
May 21, 2013, 04:43:05 PM
The difficulty re-targeted nicely back to 6.9 after the flash crowd left, and that has put WDC back up the top of the mining profitability charts. The price is still way too low on Bter.com for a coin that's working so well. That will be the flash crowd selling like noobs.
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