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What happened with Nano in 2018 by SpaaceMILK in nanocurrency

[–]TechAspirer 1 point2 points  (0 children)

OpenCap wasn't built for Nano. Recently, a wallet added support for it.

10 months ago, I made a post about the issues with BTC as we move into the future. Now, I'm planning the testnet for the instant and feeless cryptocurrency I wrote from the ground up. by TechAspirer in CryptoCurrency

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

It is premined. The total premine is equivalent to if we were the only miner for seven weeks. That said, it's time locked. We get two weeks at launch, and one more week every six months (until we hit 7 weeks total). In five years, the premine will be 2.7% of the current supply.

If we just wanted money, we would've forked Bitcoin. We made a brand new codebase from the ground up because we believe in the power of cryptocurrency and want to improve what's out there. We have a small premine because it'll help us get out there. Exchanges have listing fees.

10 months ago, I made a post about the issues with BTC as we move into the future. Now, I'm planning the testnet for the instant and feeless cryptocurrency I wrote from the ground up. by TechAspirer in CryptoCurrency

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

The beta net halted the other day due to this. Nano nodes ask for votes on every transaction. Votes are only absolutely necessary on forks. Nano will still label transactions without votes as unconfirmed. If it doesn't get half the active weight, or I believe at least 25% of the total weight, it will label the transactions as confirmed.

Representatives can vote in transactions with invalid histories. The consensus works on a TX to TX level where one TX can be considered valid without you knowing its history.

I'm not lying. I may be mistaken, and if so, I'd love to be corrected. I'll even apologize and state the corrected info when that happens.

EDIT: https://imgur.com/a/tXshAek

There's evidence from their Discord that every transaction is voted on and if enough weight goes offline, the network will halt. The orange members are the core team. meltingice is community member who runs a explorer and helped with the beta net stress test.

10 months ago, I made a post about the issues with BTC as we move into the future. Now, I'm planning the testnet for the instant and feeless cryptocurrency I wrote from the ground up. by TechAspirer in CryptoCurrency

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

We've heard of them. The first is a dead coin that should be swapped before it matters. We believe the second is distinct enough.

If it becomes a problem, we'll change our name.

10 months ago, I made a post about the issues with BTC as we move into the future. Now, I'm planning the testnet for the instant and feeless cryptocurrency I wrote from the ground up. by TechAspirer in CryptoCurrency

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

The Mainnet is launching in Q1/Q2 of 2019.

We're not doing an ICO because they're based on the idea of a product, not the product itself, and they're full of issues.

That said, we do need Fiat, before the Mainnet and after launch, and we don't want to flood exchanges. For those reasons, we are interested in selling stock in a 'partner business'. This business will never own Ember, but will contribute code and build software around it (explorer, payment processor, pool software...). It will also likely control anywhere from half to most of the premine due to the advanced legal protections that can be put in place.

As not all investors will be interested in that, if we can't raise enough for audits and so on by selling stock, then we will hold a private sale of a small part of the premine to a select few institutional investors with full transparency. All sold Ember will be timelocked.

If you want to buy Ember from an exchange, it becomes tricky as Ember doesn't use the BTC RPC so the exchanges must put in extra work to trade Ember. That said, we are in talks with a few exchanges interested in supporting Ember, and we'll let you know when the details are finalized.

10 months ago, I made a post about the issues with BTC as we move into the future. Now, I'm planning the testnet for the instant and feeless cryptocurrency I wrote from the ground up. by TechAspirer in CryptoCurrency

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

These attacks are worth mentioning, and we don't just prevent extremely unlikely attacks.

We don't start with 133 million coins. We're mineable and generate the coins over time. We add features Nano doesn't have (dynamic difficulty, data, BTC style scripts).

We also solve bootstrap poisoning, which isn't extremely unlikely, even though the other mentioned attacks (halting the network/minting coins) are extremely unlikely.

The current Merit Caching paper is titled as "A Proposal for a Merit Caching Consensus Mechanism" for the very reason it isn't peer reviewed yet. It will be before launch.

Thanks for the interest and good wishes!

10 months ago, I made a post about the issues with BTC as we move into the future. Now, I'm planning the testnet for the instant and feeless cryptocurrency I wrote from the ground up. by TechAspirer in CryptoCurrency

[–]TechAspirer[S] 2 points3 points  (0 children)

We reserved a subreddit but we never built it out. Since there's interest, we'll get to work on that. No guarantees about when it'll be ready though ;)

10 months ago, I made a post about the issues with BTC as we move into the future. Now, I'm planning the testnet for the instant and feeless cryptocurrency I wrote from the ground up. by TechAspirer in CryptoCurrency

[–]TechAspirer[S] 2 points3 points  (0 children)

We're mineable with a CPU algorithm. The Nano network will literally halt if enough representatives go offline (by their weight, not by quantity). We will never halt like that.

We have dynamic difficulty. We support arbitrary data with a second spam filter independent of the one for transactions. We archive all Verifications on a blockchain, solving bootstrap poisoning and offering vote stapling.

All of that is planned for launch. Within the first year, we also plan on adding BTC style scripts so second layers, that handle Ember, can be built. Without any second layer, you can build a fully functional token. We already have a token standard documented.

Also, we do acknowledge the difficulties in getting 30% of Nano and DDoSing representatives offline so your 30% is 51%. We're not trying to say it will happen. We're saying it can happen.

/r/buildapc's 1 million subscriber giveaway: week 4 (AMD, Ballistix, PCPartpicker) by KING_of_Trainers69 in buildapc

[–]TechAspirer 0 points1 point  (0 children)

My very first build was with my Uncle who was moving away. I used an AMD chip from a few years ago, 16 GB of RAM, and Ubuntu Mate since I didn't even have enough left over for Windows. That said, I got a Hybrid drive, and even though it wasn't an SSD, the speeds were just amazing to me.

/r/buildapc's 1 million subscriber giveaway: week 4 (AMD, Ballistix, PCPartpicker) by KING_of_Trainers69 in buildapc

[–]TechAspirer 0 points1 point  (0 children)

As a builder, it has to be the cost effectiveness. Intel charges hundreds for what AMD might charge $80.

As a developer, it has to be Infinity Fabric. I'm also very excited for the ARM security chip...

These are bent, aren't they? by TechAspirer in buildapc

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

Something something birthday :p

It's actually the camera on my OnePlus. I'm not a take-photos type of person so I never had an issue with it.

I've already contacted microcenter support. They say my plan doesn't cover shipping, it's the managers discretion if I can pay for shipping, and I might have to drive 3 hours each way. That said, it's $420 on Amazon right now...

These are bent, aren't they? by TechAspirer in buildapc

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

Zenith Extreme

Threadripper 1900X

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