Topic: [WDC] Worldcoin | 3.0 Flirtatious Ant Released! | Multicoin architecture - page 78. (Read 442449 times)

http://i41.tinypic.com/30nccc1.jpg

I made this chart a few hours ago, and just checked the networkhashps in the Dogecoin console, it's fluctuating wildly, it's 22198148039, 30% less than when I made the barchart. Worldcoin is steady as a rock. The more miners, the higher the network effect, the more valuable the coin in the long term.

WDC: WdTbU9wKMDmZiCToKsmGG6gGHgaMww8CUU

All the altcoins have dropped in price, but WDC has actually been holding up pretty well.

See it as an opportunity to buy cheap . It's far, FAR too early to write off Worldcoin just yet. The price crashes you're seeing are probably market manipulations and autosells, nothing to worry about. Generally, it would take a big negative announcement to cause a price crash, otherwise it's usually just the normal fluctuations.

I changed a few to other currencies the other day to spread the risk out a bit, but it's certainly not panic time yet.

http://dedicatedpool.com/images/logo.png

WDC.DEDICATEDPOOL.COM

Benefits of Mining on DEDICATEDPOOL.COM

• Backups every 30 minutes of the databases and wallets to protect your mining endeavours.
• Full 24/7 support available at [email protected]
• Mine uninterrupted - dedicated servers w/redundancy, DDoS protection.
• Trustworthy admins who care about your experience and mining.

Mining Information

• Custom stratum/mpos environment
• Vardiff enabled
• PPNLS payout system
• Everything is transparent - blocks, donations, fees.

Server Infrastructure

• SIX(6) SERVERS IN CLUSTER
• DDoS protection at switch level
• 8 Core servers, 256GB DDR3 RAM, RAID 10 SSD
• Ramdisks, memcaches, to make things go extremely quick

The Future

• Implementing a full ticketing system
• Phone and SMS support.. yes phone! Call and talk to someone real.
• More servers, more power, more scalability.

Price crashing down. No hope. Everyone's selling low.

New Worldcoin pool now open. No fees! Mine for free!

Come join us at Pool of Pools!

http://wdc.poolofpools.com/index.php?page=gettingstarted

Our servers are very stable and secure, and we will do whatever it takes to help you out and make sure your mining experience with us is as close to perfect as possible.

We recently added a new chat module that pops up on the page--just click the PoP Chat link and get started. A few things to note: it doesn't store any logs, so you won't see anything except the messages that come after you've connected, and if you disconnect from the chat, you'll lose the history. Sorry, but it keeps the strain on the servers low so all the power goes to mining

Come give us a shot. We think you'll appreciate the stable and smooth function of our pool, which is running the latest version of the MPOS system for the most detailed stats, the easiest-to-use account interface, and the best overall user experience.

Once you've signed up for one coin at pool of pools, you can mine any other coin we offer with the same account! We currently offer the following coins:

American Coin
Cinnamon Coin
Doge Coin
Fast Coin
Galaxy Coin
Infinite Coin
Noodly Appendage Coin
World Coin

Direct links to all of our pools are here:

http://poolofpools.com


Follow us on Twitter for customer service, updates, and more:

http://twitter.com/poolofpools

http://blog.coinmkt.com/new-additions/

Cryptsy having Alt > USD and USD > Alt trading isn't a deal-killer as far as the Scharmbeck piece of WDC is concerned. BTC has multiple BTC > USD markets available, but there's still a place for CoinBase (which I understand Scharmbeck is close to in terms of functionality) purely based on speed and convenience. Try getting USD from Mt.Gox after you sell BTC there    To the best of my knowledge, CoinBase is about the only way of getting direct BTC > USD funds into a bank account without involving various expensive third party processors and/or lengthy delays.

The piece that seems to be getting the least attention, and that should be getting far more, is the merchant tools. As a merchant myself I can tell you that the only crypto-currency that I would even consider accepting right now is BTC. Taking on the double exchange rate risk of Alt > BTC > USD is an absolute logistics nightmare. If Scharmbeck manage a smooth implementation of customer payment in WDC > known amount of USD > a daily sweep to the merchant's bank account via ACH, they will be far, far ahead of any other Alt including LTC. Yes, I know about CoinPayments.net, and it's a good service. It lacks that moment-of-sale conversion to USD and any facility for then transferring those USD to a bank account though, and that's what merchants need.

When the time comes, I hope that a great deal of emphasis will be placed on the zero chargeback / reversal risk for merchants and the absolute security for their customers. As both "friendly fraud" and stolen card databases become a more pervasive problem, it's a win/win for both parties. As a consumer, if your credit card number is stolen then it can be a massive headache. If your WDC wallet address is revealed...well...absolutely nothing happens.

That's without even getting into the reduced acceptance fees vs the standard 2-2.2% + $0.25 per transaction that merchants pay for credit card ecommerce transactions.

Thanks.  I think I actually understand now. While all the other altcoins fight amongst themselves over peanuts, WDC is basically creating a direct competitor to BTC.

get in touch sir

Long time no speak RB. Hows it going.

Personally, WDC is not about Scharmbeck. WDC is about focusing a coin in a direction and the team behind WDC is focused.

Scharmbeck gives WDC an edge towards other alt coins.

It shows they are focused on what other coins are not, they are not looking to 'join' an exchange with fiat, they are creating one.

This is a different show!

thanks

RB

I've been questioning WDC a lot lately too. It seems the entire future of WDC is based on Scharmbeck and a few other qualities that virtually all alt coins have now (fast transaction times, large supply, etc. Soon, I don't know if even Scharmbeck will be much of an advantage, as cryptsy should be accepting USD at any time.

http://www.worldcoinwatch.com/

http://www.wdcboard.com/

http://wdchash.com/

A few more tracking websites for those of you interested.

Scharmbeck has been keeping this quiet. Until now.

https://www.facebook.com/photo.php?fbid=185125898363786&set=a.167927156750327.1073741828.136558323220544&type=1&theater#

I have a question for any of you that may know - how vulnerable is Worldcoin to a 51 attack? Bitcoin is in real danger of it in my opinion due to the big pools. I had a look around, but all I could find were promises of an advanced check pointing system after the last 51 attack. Has this been implemented?

It's nothing that would stop me from mining and accumulating WDC, I'm in it for the long haul. It just seemed odd and I wondered if there was some negative news. Looks like a "whale" had no idea how to profitably exit a position. Their loss .

Yeah I noticed that also, I've been mining this on one of my rigs, stopping for now.

Two big dumps on Cryptsy in the last hour, the last one dropping price from 44 - 40 in a few seconds. There's a 70BTC sell wall at 48800 too. Did I miss some bad news, or are people really so undisciplined when exiting a big position?

I too have wondered about the seeming lack of PR from the WDC team, but I figure they're waiting until the Scharmbeck release. It's actually quite refreshing to have a coin that favours development before pumping every little trivial thing. I'm not going to mention any names, but I think we all knew a few coins where the only things people talk about is the next media appearance. "We'll be mentioned on Keiser on the 24th, and someone talked about us in the comment on a CNN article!! Prices are sure to rocket now!" etc etc. Then when you look at what projects these coins have going they're  usually non-existent. In view of this I applaud the WDC developers for wanting to have something substantial to promote before going all crazy with the PR stuff.