Wednesday, October 30, 2013
Hottest new way to mine bitcoins
TEKcoin hits cryptsy
TEKcoin a project i have been working is now trading live at cryptsy.com Its based on ppc code sha256 POS/POW. https://bitcointalk.org/index.php?topic=320404.0
Sunday, October 6, 2013
When our freedoms in the networked world come under attack, the Electronic Frontier Foundation (EFF) is the first line of defense
With the recent crackdown on the silkroad, and the nsa revealing the extensive monitoring of network activity. You may want to poke around on https://www.eff.org/about and see some of the inside news.
From the eff.org website
From the eff.org website
About EFF
From the Internet to the iPod, technologies are transforming our society and empowering us as speakers, citizens, creators, and consumers. When our freedoms in the networked world come under attack, the Electronic Frontier Foundation (EFF) is the first line of defense. EFF broke new ground when it was founded in 1990—well before the Internet was on most people's radar—and continues to confront cutting-edge issues defending free speech, privacy, innovation, and consumer rights today. From the beginning, EFF has championed the public interest in every critical battle affecting digital rights.
DGC digital coin meltdown
Well it appears that the DGC dev has decided to take drastic action in an attempt to manipulate the price of the coin upward. I doubt this will end well and if i held any DGC i would run run away.. i am sure deep pockets will give a little pump on patch day or the week leading up to it. I would guess dev is a huge bagholder and trying to increase value of the coin so he can dump and run on.
Heres a letter from the dev of Digitalcoin DGC.
Heres a letter from the dev of Digitalcoin DGC.
Intended Changes
Block rewards: Block rewards will be dropping from 20 to 15 per block. The per block value is too high and the removal of the downward pressure will help DGC longterm.
Block rewards: Block rewards will be dropping from 20 to 15 per block. The per block value is too high and the removal of the downward pressure will help DGC longterm.
Block times: Over 50% of current DGC blocks contain no transactions and therefore are unnecessary. Block times have gone from 20 seconds to 40 seconds. This will help combat the inflation while at the same time increasing efficiency by lowering orphans. The additional 20 seconds don’t make much of a difference as one confirmation in 40 seconds is just as secure as 2 confirmations in 40 seconds.
Blocks to retarget: Blocks to retarget will be lowered from 1080 to 108. The upcoming difficulty padding should limit any extreme variance from severely affecting the difficulty. This also makes DGC more robust and more resistant to profit hopping.
These changes should stop the downwards trajectory and allow DGC to appreciate in value with its services and community.
Thank you,
Baritus
Baritus
Subscribe to:
Posts (Atom)