Search found 27 matches
- Fri Aug 19, 2011 11:48 am
- Forum: General Discussion
- Topic: implications of merged mining / shared blockchain
- Replies: 44
- Views: 37070
Re: implications of merged mining / shared blockchain
Actually I'm very bullish about namecoin after merged mining (MM). What I think will happen is that bitcoin mining will become unprofitable. After MM, namecoins haven't lost any of the qualities that give them value, just the opposite, the difficulty rises making the namecoin network more secure and...
- Fri Aug 19, 2011 11:39 am
- Forum: General Discussion
- Topic: trading nmc for btc in a completely distributed way
- Replies: 3
- Views: 3803
Re: trading nmc for btc in a completely distributed way
A design for the protocol would be something like this: message Bid { required unsigned tradeId; required float price; required float maxAmount; required Address exchangeCoinsTo; required Address bitcoinsFrom; optional unsigned exchangeCoinExpiryBlock; optional unsigned bitcoinExpiryBlock; } message...
- Thu Jul 28, 2011 9:32 am
- Forum: General Discussion
- Topic: trading nmc for btc in a completely distributed way
- Replies: 3
- Views: 3803
trading nmc for btc in a completely distributed way
EDIT: it seems that there's a better solution than my proposal that doesn't involves the creation of a new chain. ---------------------------- Hi, I have proposed in the bitcoin forum a method for distributed trading between block chain currencies. There would be several possibilities. 1) Adapt name...
- Wed Jul 27, 2011 6:43 am
- Forum: Project direction
- Topic: Merged mining + timetravel fix @19200 - must upgrade
- Replies: 156
- Views: 190787
Re: Merged mining block number
Don't know what block number would be more appropiate, but again the sooner the better. I guess most namecoin miners follow this forum, so I wouldn't be very scared about many people not changing their miner. When is tested it can go to production. I don't mine, but I can help "spreading the word" i...
- Sat Jul 23, 2011 5:50 pm
- Forum: Project direction
- Topic: Merged mining + timetravel fix @19200 - must upgrade
- Replies: 156
- Views: 190787
Re: Merged mining block number
Ok, so the date is impossible to know for sure. What date do you guys expect approximately? Sorry if this question has been answered before. After that moment, namecoin miners must also mine for bitcoin or can they keep on just mining for namecoin (if for wathever reason they don't want to do it). D...
- Fri Jul 22, 2011 8:08 pm
- Forum: Project direction
- Topic: Merged mining + timetravel fix @19200 - must upgrade
- Replies: 156
- Views: 190787
Re: Merged mining block number
I've been told that block 24K corresponds approximately to the end of year. Is that true? I wish it could be sooner. Depends completely on the mining power of the network. Could be at the end of the year or in two weeks. But difficulty adjust itself each week like in bitcoin to target 10 minutes, r...
- Fri Jul 22, 2011 5:44 pm
- Forum: Project direction
- Topic: Merged mining + timetravel fix @19200 - must upgrade
- Replies: 156
- Views: 190787
Re: Merged mining block number
This is great!
Thank you vinced for doing it and JohnDoe for letting me know.
I've been told that block 24K corresponds approximately to the end of year. Is that true?
I wish it could be sooner.
Thank you vinced for doing it and JohnDoe for letting me know.
I've been told that block 24K corresponds approximately to the end of year. Is that true?
I wish it could be sooner.