Bitcoin hit 200 000 000 GH/s https://bitcointalksearch.org/topic/hash-rate-just-hit-200-000-000-ghs-745570
It's not profitable to mine for a lot of people and Crypti's PoT is a salvation for them.
Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 390. (Read 804700 times)
August 19, 2014, 04:49:29 AM
August 19, 2014, 04:34:34 AM
As Im looking over the last to big hacks... Vericoin and NXT something came to mind... Both of these are of a Gen 1 PoS style... Meaning If these exchanges want to take advantage of there Big stake and PoS there wallets must stay Hot... keeping this many coins in a Hot wallet is dangerous...
Irrelevant point as Bter never forged with their Nxt account. Since they never used their account to forge, they could have kept it offline if they wanted to do that.
Besides, Nxt allows leasing forging power. You can still forge with offline Nxt by leasing the forging power to an online wallet that has just one Nxt -- so nothing would be at risk.
+1 to nxt. don't confuse nxt to "Gen 1 PoS", nxt is more powerful than you think.
Yes I think you guys are correct.. I prob was beeing a bit narrow by trying to group them both together and understating the NXT PoS in the process...
And Thank you for telling me about NXT leasing forging power... I wasn't ware of that...
One must admit though Crypti's PoT does bring a whole new way of doing things to the scene...
only time can tell, so lets see how it goes
August 19, 2014, 03:37:47 AM
As Im looking over the last to big hacks... Vericoin and NXT something came to mind... Both of these are of a Gen 1 PoS style... Meaning If these exchanges want to take advantage of there Big stake and PoS there wallets must stay Hot... keeping this many coins in a Hot wallet is dangerous...
Irrelevant point as Bter never forged with their Nxt account. Since they never used their account to forge, they could have kept it offline if they wanted to do that.
Besides, Nxt allows leasing forging power. You can still forge with offline Nxt by leasing the forging power to an online wallet that has just one Nxt -- so nothing would be at risk.
+1 to nxt. don't confuse nxt to "Gen 1 PoS", nxt is more powerful than you think.
Yes I think you guys are correct.. I prob was beeing a bit narrow by trying to group them both together and understating the NXT PoS in the process...
And Thank you for telling me about NXT leasing forging power... I wasn't ware of that...
One must admit though Crypti's PoT does bring a whole new way of doing things to the scene...
August 19, 2014, 03:33:16 AM
I want to know if Bter released 15M XCR to the crypti team already and if they still have all of them. Can you post proof?
August 19, 2014, 03:19:29 AM
As Im looking over the last to big hacks... Vericoin and NXT something came to mind... Both of these are of a Gen 1 PoS style... Meaning If these exchanges want to take advantage of there Big stake and PoS there wallets must stay Hot... keeping this many coins in a Hot wallet is dangerous...
Irrelevant point as Bter never forged with their Nxt account. Since they never used their account to forge, they could have kept it offline if they wanted to do that.
Besides, Nxt allows leasing forging power. You can still forge with offline Nxt by leasing the forging power to an online wallet that has just one Nxt -- so nothing would be at risk.
+1 to nxt. don't confuse nxt to "Gen 1 PoS", nxt is more powerful than you think.
August 19, 2014, 03:10:59 AM
still wait and we dont have a certain time .
With as many delays as we have already been through putting another date time is just smoke and mirrors.
Hit everyone with a surprise launch when BTER/Crypti is ready.
August 19, 2014, 02:54:30 AM
still wait and we dont have a certain time .
August 19, 2014, 02:52:34 AM
As Im looking over the last to big hacks... Vericoin and NXT something came to mind... Both of these are of a Gen 1 PoS style... Meaning If these exchanges want to take advantage of there Big stake and PoS there wallets must stay Hot... keeping this many coins in a Hot wallet is dangerous...
Irrelevant point as Bter never forged with their Nxt account. Since they never used their account to forge, they could have kept it offline if they wanted to do that.
Besides, Nxt allows leasing forging power. You can still forge with offline Nxt by leasing the forging power to an online wallet that has just one Nxt -- so nothing would be at risk.
August 19, 2014, 01:23:15 AM
Have fun!!!
August 19, 2014, 01:18:05 AM
As Im looking over the last to big hacks... Vericoin and NXT something came to mind... Both of these are of a Gen 1 PoS style... Meaning If these exchanges want to take advantage of there Big stake and PoS there wallets must stay Hot... keeping this many coins in a Hot wallet is dangerous...
Now with Crypti and its new Gen 2 style PoS (well really it's PoT)... exchanges and merchants can keep the bulk of there coins offline in cold storage... While keeping a few thousand Crypti in forging nodes... Heck even if an exchange wanted to use 1 million Crypti and set up 1000 nodes ( of course needing IP's for each..) the hacker would need to hack in to each node... not just 1 wallet...
Now with Crypti and its new Gen 2 style PoS (well really it's PoT)... exchanges and merchants can keep the bulk of there coins offline in cold storage... While keeping a few thousand Crypti in forging nodes... Heck even if an exchange wanted to use 1 million Crypti and set up 1000 nodes ( of course needing IP's for each..) the hacker would need to hack in to each node... not just 1 wallet...
August 19, 2014, 12:57:56 AM
August 19, 2014, 12:15:30 AM
If the wallet was released on the 10th we all trade for a few days... price moves up the charts quickly... The hacker comes in and says while I'm here I will steal 50 million XCR as well...
XCR being stolen was not an issue. The hacker only had the password for the NXT wallet. No other coins were ever in danger.
The hacker has compromised Bter servers directly, which forced them to change all wallets, BTC included.
As NXT was taken due to (apparently) hard-coded password to NXT wallet, same could happen to Crypti, hence the safest way to prevent it was to regenerate the genesis block completely.
Trading volume has reached 43 million.The end of the adjustment.Launch will trigger the rise
August 19, 2014, 12:03:56 AM
33 BTC sell order at 2793
How the hell we do x5 with this?
How the hell we do x5 with this?
Multiple exchanges, and someone really needs to learn how to break up their sell orders.
August 18, 2014, 11:43:50 PM
33 BTC sell order at 2793
How the hell we do x5 with this?
How the hell we do x5 with this?
August 18, 2014, 11:01:46 PM
Hi SyRenity,
Thanks for the updates and hard work.
Have you been able to prepare a Windows/Mac wallet in the meantime?
Thanks for the updates and hard work.
Have you been able to prepare a Windows/Mac wallet in the meantime?
August 18, 2014, 10:47:22 PM
If the wallet was released on the 10th we all trade for a few days... price moves up the charts quickly... The hacker comes in and says while I'm here I will steal 50 million XCR as well...
XCR being stolen was not an issue. The hacker only had the password for the NXT wallet. No other coins were ever in danger.
The hacker has compromised Bter servers directly, which forced them to change all wallets, BTC included.
As NXT was taken due to (apparently) hard-coded password to NXT wallet, same could happen to Crypti, hence the safest way to prevent it was to regenerate the genesis block completely.
August 18, 2014, 10:40:54 PM
What is so different between the testnet and the mainnet that would require only the lead dev to oversee?
The main reason for the Bter lead dev to be present, is to monitor the withdrawals and deposits from Bter side.
Crypti a new technology and a new integration for Bter, hence we agreed that both sides will be present and monitor the ongoing transactions.
August 18, 2014, 10:32:53 PM
SyRenity - Since the implementation is pause ATM, what is the Crypti team doing to utilize this down time?
As I wrote before, we currently using the time to perform some optimizations we planned to do this week anyhow, such as local storage size optimization and faster synchronization.
We will update the change-log in case these improvements are stable enough to make it in the launched version.
August 18, 2014, 10:23:21 PM
Functional for custom blockchains and SDK Whether it will delay?
September is still the planned date, we will update once we past the launch stage.
Important to note that we are continuing developing Crypti, and will introduce several optimizations and improvements already once we can launch.
August 18, 2014, 09:39:39 PM
i also want to know the launching date ,i think there are to many delays,i don't think it's bad but we should follow the roadmap.
We are completely at bters mercy. However, I would bet within 24 hours we launch.
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