Bitcoin currency of the future?

Discussion in 'Mayberry Lounge' started by CauseImbetta, Jan 1, 2016.

  1. Timone

    Timone White Belt

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    Some basic information for the crypto starters: http://wikicryptocoins.com/

    Btw..If anyone knows where to buy Venezuela´s Petro Coin, Please let me know!
     
  2. CerebralKnievel

    CerebralKnievel Silver Belt

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    I've read a bit about Nodes but it failed to sink in. A node grants you the ability to verify your own transactions. isn't this a contradiction of the legitimacy of blockchain verification?
     
  3. SwamiLeoni

    SwamiLeoni Silver Belt

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    lol, ya I don't know if i'd touch that coin with a 10 foot pole. Especially if you're an American citizen.
     
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  4. SwamiLeoni

    SwamiLeoni Silver Belt

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    This is a good read for trying to understand Nodes.

    https://en.bitcoin.it/wiki/Full_node
     
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  5. CerebralKnievel

    CerebralKnievel Silver Belt

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    So... In order to run a full node by opening the specified port and maintaining a wallet, are there other requirements? Like... Must one possess a certain amount of BTC to run a full node?

    I ask because you or someone mentioned needing enough spare cash to invest in vechain in order to buy a node (or something along that line).
     
  6. benebox

    benebox Brown Belt

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    Oh, also if you have it on an exchance make sure they are supporting the upcoming airdrop.
     
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  7. SwamiLeoni

    SwamiLeoni Silver Belt

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    Yup, here's VEN's Node breakdown:

    How do I become a masternode?
    The hardest masternode to become is an Authority node. Even though Authority Masternodes are the highest rewarded, it is important to note that only 101 people will be selected to maintain one. Based on the team's description it sounds like basic computers will not be chosen and bordering on choosing server farms as a means of operation. The good news is that ANYONE can be an Economic node and that Economic Masternodes will not require much computing power at all. Here is how the breakdowns work:

    • At 250,000 VET you can apply to be one of the 101 Authority MasterNodes, these are also called Thrudheim Masternodes.
    • A minimum of 150,000 VET is required to become the highest rewarded Economy node known as Mjolnir Masternodes.
    • From 50,000 - 149,999 VET you can qualify as a Thunder Node which will be rewarded less than a Mjolnir but higher than the following nodes.
    • From 10,000-49,999 VET you qualify as a Strength node which is the lowest rewarded economy node but is still paid more than any non-node VET stake.
    • Below 10,000 VET will allow you to receive a default reward that will be set by the Foundation. This will be the lowest reward possible but also requires nothing regarding commitment long term.
     
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  8. CerebralKnievel

    CerebralKnievel Silver Belt

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    All right... I only need to purchase an additional 9930 VEN and I'm in the money
     
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  9. SwamiLeoni

    SwamiLeoni Silver Belt

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    lol, here's the VEN/THOR Calc. Not sure how accurate it is though.

    https://thorcalculator.com/
     
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  10. RagingBeringola

    RagingBeringola Purple Belt

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  11. RagingBeringola

    RagingBeringola Purple Belt

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    I have 1 NEO in the NEON wallet and 0.998 trapped in Kucoin. Kucoin supports the ONT airdrop, but since I don't have a complete NEO, it shouldn' do nothing.
    I guess I should complete my NEO coin before the airdrop to get that fraction of ONT

    Edit: NEO going up like crazy, maybe because of the coming airdrop. Not sure if it's worth completing the NEO now since it should drop again shortly afterwards, with people getting the ONT then cashing out
     
  12. Cid

    Cid Silver Belt

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  13. Cid

    Cid Silver Belt

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    If you want to ask the power ledger people anything... I just asked a bunch of really basic questions about the p2p that I'm unclear/they're vague on.

    I'm almost as hyped just to use the product as I am on its potential returns.
     
  14. adifighter86

    adifighter86 Double Yellow Card Double Yellow Card

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    Marijuana is the currency of the future.
     
  15. SwamiLeoni

    SwamiLeoni Silver Belt

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  16. Der Eisbär

    Der Eisbär Banned Banned

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    <SelenaWow>
     
  17. CerebralKnievel

    CerebralKnievel Silver Belt

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    Damn you. I can't see reddit or twitter on sherdog on my phone. What's the buzz?


    Edit. Is it the coin voting thing?

    And fuck. I went to submit a vote like an hour after the contest had ended.
     
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  18. xcvbn

    xcvbn Silver Belt Platinum Member

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    Scam coin
     
  19. SwamiLeoni

    SwamiLeoni Silver Belt

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    The only thing I think I’ve read about WTC not being legit is their RFID patent claim. Apparently the person developing their RFID only has patents published while he was working for a different company. I guess they’re just using them to show how smart he is? Aside from this terrible fiasco, what else do you not like about them?
     
  20. Nik123

    Nik123 Purple Belt

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    ^ Lol that guy just calls most coins a 'scam' without having anything backing his opinion up. Is normal.
     

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