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Is this a joke?
If the major exchanges change to an upgrade chain,the old chain will be worthless.
So,the people don't really have a choice to stick to the old chain.
The developer will do the rollback with the blessing of majority of the forgers, it's basically a coordinated hard fork that is happening all the time in alt coins (and Bitcoin had one too).
Thinking about this longer I get more concerned. Let's say someone donates $5M worth of X to Israel/Hamas (just picking a random conflict that most would be familiar with which also has strong opinions in both camps). Someone creates a thread on the Xtalk forum slamming the injustice about giving so much money to such horrible people. The community generally agrees, namely the forgers, and they decide to roll back that transaction and give the money to the other side instead.
How many people are needed to effectively perpetrate a 51% attack on their own blockchain? Doesn't that defeat the purpose of an autonomous currency if a relatively small group of people (let's call them the coin's government) can make policy decisions based on political affiliation?
Maybe there's no way around this because someone(s) need to maintain the code so it'll never be completely hands off.
GUYS OMG GUESS WHO IS JOINING INVICTUS
http://www.dc.uba.ar/inv/tesis/licenciatura/2010/lerner
Here is a thread that has identified a means for miners to mine BTS:
https://bitsharestalk.org/index.php?topic=3587.msg45111#msg45111
The reality is that people can mine anything and trade it for PTS. Miners should always mine what is most profitable so they can maximize their ROI.
That said it seems like we could benefit everyone by converting PTS to TaPOS and then allowing those who want to invest by mining to mine one of the other coins out there... NoirShares, DOGE, etc and then buy PTS on BTER. In fact, making such a move would increase the value of PTS in the long term by 30%.
What would everyone think about such an idea?
I didn't recived AGS for my PTS donations.
http://www1.agsexplorer.com/balances/PuBGB7BWoqRfvkzoyyMCwkg9LPL9QywDex
the dates 2014-03-10 and 2014-03-11 are missing.
Transaction form 3/11/2014 6:04:55 PM: https://coinplorer.com/PTS/Transactions/cadcd6e77ac953fccb42378dcda7a8fbc366693b0af2c0d8d330a21d090f727e
Transaction form 3/12/2014 6:40:45 PM: https://coinplorer.com/PTS/Transactions/9ab33f1a8542080c5abd0425433cb7e89eb18e2a233366677f3f9d2998dd9469
What can i do?
I will offer a nice tip for someone to enhance this utility to support all of the various wallet formats (apis are already done and in the code).
It should include Armory, Multibit, Eletcturm, and Blockchain.info dumps.
been mining a couple months, never seen this before. I know it takes a while to get a payout, what I'm saying is my hashrate does not change from 0 after 1/2 hour.
Here is my batch file
timeout /t 30
setx DISPLAY=:0
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
cgminer --scrypt -I 13 --thread-concurrency 8192 -g 2 -w 256 -o stratum+tcp://ptspool.1gh.com:13333 -u PjK2JDUjFD5Eu6DBGvt8MJ7nWJc3zVRtvi -p x
Cgminer starts up fine and all gpus start hashing as normal, but in the activity window it just says:
started cgminer 3.7.2
probing for an alive pool
Pool 0 difficulty changed to 0.00000
Network diff set to 17.2M
That's all it does, no gpus are given work. I've tried all the other stratum ports same thing.
Hold your shares in your local wallet. When a new DAC comes out download it and import your PTS wallet to get your shares in that DAC.
Ok thank you! Is there a guide that shows how I download a DAC when it comes out?
