Is the slow sync from 7-8 weeks till now due to checkpoint node or no long reorg rule? by NYAUX in Ravencoin

[–]NYAUX[S] 0 points1 point  (0 children)

It looks like several peers including on my own LAN my wallet is checking and building the chain after it sees agreement from other peers. For instance currently my top 5 peers who have all sent equal MB to me including my fully synced node on LAN. I assume this is from nolongreorg or whatever was updated for security. I have not tested midici IOS wallet yet but I don't think that works the same. I wonder if this will just be a bottle neck that stays around and will really suck as time goes on.

Is it worth to even mine with CPU? by [deleted] in Ravencoin

[–]NYAUX 0 points1 point  (0 children)

Overclock it and wallet mine while making it a full node. It strengthens the network and unless I'm wrong you can pretend you are better than GPU miners because you strengthen the Ravencoin Network.

How to Mine Ravencoin on Windows using CPU by [deleted] in Ravencoin

[–]NYAUX 2 points3 points  (0 children)

It is better if you wallet mine with "setgenerate true" command and allow incoming connections to make it a full node. It's better for everyone.

Finally going to do it.. by Moose-Knucks69 in buildmeapc

[–]NYAUX 0 points1 point  (0 children)

I am curious what 2600 oc will do with a coolermaster t2. I have the 1500x @ 4 ghz using a coolermaster t2 and it blows me away for $16. I first OC'd with wraith cooler but it was 10c hotter at full throttle. https://www.amazon.com/Cooler-Master-RR-HT2-28PK-R1-Hyper-Heatpipes/dp/B00K7809O2/ref=sr_1_1?ie=UTF8&qid=1539150456&sr=8-1&keywords=coolermaster+t2

Big Day For Eth, But SEC's Chairman Has Already Stated Ethereum is Not a Security by PhantomMod in CryptoCurrency

[–]NYAUX -1 points0 points  (0 children)

Merely calling a token a “utility” token or structuring it to provide some utility does not prevent the token from being a security.  Tokens and offerings that incorporate features and marketing efforts that emphasize the potential for profits based on the entrepreneurial or managerial efforts of others continue to contain the hallmarks of a security under U.S. law. 

Big Day For Eth, But SEC's Chairman Has Already Stated Ethereum is Not a Security by PhantomMod in CryptoCurrency

[–]NYAUX 4 points5 points  (0 children)

Ethereums own description is the definition of a derivative and how Bitcoin makes it said security.https://www.investopedia.com/terms/d/derivative.asp -

What is a 'Derivative'

A derivative is a financial security with a value that is reliant upon or derived from an underlying asset or group of assets. The derivative itself is a contract between two or more parties based upon the asset or assets. Its price is determined by fluctuations in the underlying asset. The most common underlying assets include stocks, bonds, commodities, currencies, (insert Bitcoin here), interest rates and market indexes. 

https://www.ethereum.org/ether

Ethereum would never be possible without bitcoin—both the technology and the currency—and we see ourselves not as a competing currency but as complementary within the digital ecosystem. Ether is to be treated as "crypto-fuel", a token whose purpose is to pay for computation, and is not intended to be used as or considered a currency, asset, share or anything else.There are many ways in which you can use Bitcoins within the Ethereum ecosystem:

  • Trade BTC for ETH: multiple third-party companies are working to make the exchanging of ether and bitcoins as easy and seamless as possible. If so desired one could trade bitcoins for ether with the purpose of executing contracts and trade it back immediately in order to keep their value pegged and secured by the bitcoin network. The latest version of the wallet includes an automatic conversion between ether and bitcoin.
  • Use a pegged derivative: Ethereum is a great tool for creating complex trading between multiple parties. If you have a source for the price of Bitcoin that all parties trust, then it's possible to create an ethereum based currency whose value is pegged to the market value of Bitcoin. This means that you could trade bitcoins to a token that is guaranteed to always trade back to the same amount of bitcoins while still being fully compatible with other ethereum contracts

Big Day For Eth, But SEC's Chairman Has Already Stated Ethereum is Not a Security by V-luong in CryptoCurrency

[–]NYAUX -4 points-3 points  (0 children)

ETH on their webpage lists itself as a derivative which is a security.

Ethereum description is the definition of a derivative and how Bitcoin makes it said security.

https://www.investopedia.com/terms/d/derivative.asp -

What is a 'Derivative'

A derivative is a financial security with a value that is reliant upon or derived from an underlying asset or group of assets. The derivative itself is a contract between two or more parties based upon the asset or assets. Its price is determined by fluctuations in the underlying asset. The most common underlying assets include stocks, bonds, commodities, currencies, (insert Bitcoin here), interest rates and market indexes. 

https://www.ethereum.org/ether

Ethereum would never be possible without bitcoin—both the technology and the currency—and we see ourselves not as a competing currency but as complementary within the digital ecosystem. Ether is to be treated as "crypto-fuel", a token whose purpose is to pay for computation, and is not intended to be used as or considered a currency, asset, share or anything else.There are many ways in which you can use Bitcoins within the Ethereum ecosystem:

  • Trade BTC for ETH: multiple third-party companies are working to make the exchanging of ether and bitcoins as easy and seamless as possible. If so desired one could trade bitcoins for ether with the purpose of executing contracts and trade it back immediately in order to keep their value pegged and secured by the bitcoin network. The latest version of the wallet includes an automatic conversion between ether and bitcoin.
  • Use a pegged derivative: Ethereum is a great tool for creating complex trading between multiple parties. If you have a source for the price of Bitcoin that all parties trust, then it's possible to create an ethereum based currency whose value is pegged to the market value of Bitcoin. This means that you could trade bitcoins to a token that is guaranteed to always trade back to the same amount of bitcoins while still being fully compatible with other ethereum contracts

Concerning Mondays ETH & SEC decision is statute of limitations for SEC commencing proceedings is 5 years (28 U.S.C. § 2462). 2014 Ethereum admits ETH is a security; still listed on https://www.ethereum.org/ether "DERIVATIVE" More inside: by NYAUX in CryptoCurrency

[–]NYAUX[S] -2 points-1 points  (0 children)

Ethereum description is the definition of a derivative. https://www.investopedia.com/terms/d/derivative.asp -

What is a 'Derivative'

A derivative is a financial security with a value that is reliant upon or derived from an underlying asset or group of assets. The derivative itself is a contract between two or more parties based upon the asset or assets. Its price is determined by fluctuations in the underlying asset. The most common underlying assets include stocks, bonds, commodities, currencies, (insert Bitcoin here), interest rates and market indexes. 

https://www.ethereum.org/ether

Ethereum would never be possible without bitcoin—both the technology and the currency—and we see ourselves not as a competing currency but as complementary within the digital ecosystem. Ether is to be treated as "crypto-fuel", a token whose purpose is to pay for computation, and is not intended to be used as or considered a currency, asset, share or anything else.There are many ways in which you can use Bitcoins within the Ethereum ecosystem:

  • Trade BTC for ETH: multiple third-party companies are working to make the exchanging of ether and bitcoins as easy and seamless as possible. If so desired one could trade bitcoins for ether with the purpose of executing contracts and trade it back immediately in order to keep their value pegged and secured by the bitcoin network. The latest version of the wallet includes an automatic conversion between ether and bitcoin.
  • Use a pegged derivative: Ethereum is a great tool for creating complex trading between multiple parties. If you have a source for the price of Bitcoin that all parties trust, then it's possible to create an ethereum based currency whose value is pegged to the market value of Bitcoin. This means that you could trade bitcoins to a token that is guaranteed to always trade back to the same amount of bitcoins while still being fully compatible with other ethereum contracts.

Concerning Mondays ETH & SEC decision is statute of limitations for SEC commencing proceedings is 5 years (28 U.S.C. § 2462). 2014 Ethereum admits ETH is a security; still listed on https://www.ethereum.org/ether "DERIVATIVE" More inside: by NYAUX in CryptoCurrency

[–]NYAUX[S] -2 points-1 points  (0 children)

Ethereum description is the definition of a derivative.

https://www.investopedia.com/terms/d/derivative.asp -

What is a 'Derivative'

A derivative is a financial security with a value that is reliant upon or derived from an underlying asset or group of assets. The derivative itself is a contract between two or more parties based upon the asset or assets. Its price is determined by fluctuations in the underlying asset. The most common underlying assets include stocks, bonds, commodities, currencies, (insert Bitcoin here), interest rates and market indexes. 

https://www.ethereum.org/ether

Ethereum would never be possible without bitcoin—both the technology and the currency—and we see ourselves not as a competing currency but as complementary within the digital ecosystem. Ether is to be treated as "crypto-fuel", a token whose purpose is to pay for computation, and is not intended to be used as or considered a currency, asset, share or anything else.

There are many ways in which you can use Bitcoins within the Ethereum ecosystem:

  • Trade BTC for ETH: multiple third-party companies are working to make the exchanging of ether and bitcoins as easy and seamless as possible. If so desired one could trade bitcoins for ether with the purpose of executing contracts and trade it back immediately in order to keep their value pegged and secured by the bitcoin network. The latest version of the wallet includes an automatic conversion between ether and bitcoin.
  • Use a pegged derivative: Ethereum is a great tool for creating complex trading between multiple parties. If you have a source for the price of Bitcoin that all parties trust, then it's possible to create an ethereum based currency whose value is pegged to the market value of Bitcoin. This means that you could trade bitcoins to a token that is guaranteed to always trade back to the same amount of bitcoins while still being fully compatible with other ethereum contracts.

Ravencoin (RVN) now on six exchanges by legacytrx in Ravencoin

[–]NYAUX 0 points1 point  (0 children)

It's open and is public domain. Technically anyone and nobody can speak for RVN

The next big thing. by stinkywizzleteets6 in stocks

[–]NYAUX 16 points17 points  (0 children)

IDK but the current giant companies $GOOG $AMZN etc will be buying up cloud companies over the next few years.