My very first forged Block hahahahahahaa
Block #333840
Reward: 2,146 Burst
Fee: 0 Burst
21 hours ago
^^
My very first forged Block hahahahahahaa
Block #333840
Reward: 2,146 Burst
Fee: 0 Burst
21 hours ago
^^
Small reminder!! Bit : A Bit is a value of either a 0 or 1.
Byte : 1 Byte = 8 Bits
Kilobyte (KB) : 1 KB = 8,192 Bits ,
===========1 kB = 1,024 Bytes
Megabyte (MB) 1MB =1,024 KB
Gigabyte (GB) 1GB = 1,024 MB
Terabyte (TB) 1TB = 1,024 GB
Petabyte (PB) 1PB = 1,024 TB
Exabyte (EB) 1EB = 1,024 PB
Zettabyte (ZB) 1ZB = 1,024 EB
1GB = 4,096 nonce
1TB = 4,096*1,024GB = 4,194,304
Hi there,
Will devs create a burst id wallet generator in the future? I mean a generator that would generate more than 1 wallet id in the same time.
The concept is like this. I heard many people complaining that their wallets are stolen so as everything inside. So imagine u have 1,000,000 Burst in one wallet. That particular wallet is not safe as it is very valuable hence vulnerable for 3rd party attacks.
So the solution to secure the content of the wallet is to spread them to sub-wallets in small amounts if we can call it like that. Creating 1,000 accounts and spreading to each one of them 1,000 Burst we will not be afraid that we gonna lose 1 million anymore, they might steal some thousands but not million.
In this case having ur money spread to sub-wallets is safer than having it in one place. If we are talking about money decentralization how about we implement decentralization to secure the wallets also?
PS: A bot that would handle 1000 transactions in one time would be nice to quickly and effectively move the money to sub-wallets.
Where the idea came from? If u remember the movie Chaos Theory than u know what I am talking about, if u do not know the movie in a nutshell they robbed a bank, stole nothing from the place but they put a virus in their system to transfer $billions into small accounts with small amounts. So what the virus did was to create billions of virtual accounts and spread all of the money into them respectively. They would use a similar virus to gather all the money back together. :D
Great idea with the signature about nounces. I will steal this sorry hahahahaha
Hey,
I was wondering why my burst for win app take the whole day to sync a local wallet that I never even created? Is this related to the burst_db that should be downloaded and synced?
@Gadrah_ said in Why are people still investing thousands of dollars?:
@pr0cesor Just think about it this way : the few hundreds coins you make today may be worth pennies right now, but what if the price of Burst goes up 10, 100, 1000x ?
If we manage to become one of the major cryptocurrencies on the market, no doubt others will appear and use the PoC algorithm. But when this time comes, we'll be established and hard to knock down :)
Yeah that's why I think too that storage drives mining can be the future for other coins. How long did the Burst mining start? in late 2015? Still fresh new baby, I hope it will grow well too.
@mathew said in Why are people still investing thousands of dollars?:
@pr0cesor said in Why are people still investing thousands of dollars?:
Lets say we rich 2022 and some people will crush away from mining, will they come up with another currency that we could mine from Storage Drivers? I heard storage drive mining is the future of all digital mining since BTC and other coins are mined on CPU/GPU or ASIC.
I am guessing there will be multiple coins in the future that will be created to be mined on storage once they see how large burst has become, I just hope I see the coin before everyone else and mine it!
I found Burstcoin mining by accident just by surfing YT. I never though that storage drives mining is even possible, when I heard about this I was excited, the most excited thing I've heard since BTC mining.
@luxe said in Why are people still investing thousands of dollars?:
@pr0cesor Well, i expected more hdd coins to show up already :-) But it did not happen yet ...
It's a good thing right? :D I mean lets first milk Burstcoin and then other coins that will come xD. Well at least I will not be late for the other coins if they would start to exist :D
@qibucks said in Why are people still investing thousands of dollars?:
There are always people like us who don't mine but invest in the assets who will also bring up the value of BURST accordingly..
I will jump into those Assets later on, something that is interesting as well.
Hi,
Im pr0cesor and I came here to process some BC :D
I started few days ago, now I understand a bit what is going on here and I can't wait to be part of this growing community.
Cheers
pr0cesor
@cashgold Yes there is a batch file in it that u need to run.
@Blago I think he was talking about batch file.
@Tate-A yes exactly, they round it up. An 8TB is not a true 8TB
@KyleH112 Is there something I should concern about? :D
Wait couple of years and people will start to mine Kardash coins. I swear.
The earth now is a sad place to live...
@Zaziki What do u mean? If u have 8TB of drive believe me u don't want to plot a single file big as 8TB in it because if that plot will be corrupted u will end up re-plotting that big drive again, gl with that.
What u want to do in this case is to split plots into 4 or 8. If u split the plots into 4 u plot the drive for 2TB each of the plots, 1TB each if u want to split it in 8 chunks. And then if one of ur plots will be corrupted u will end up only re-plotting what is corrupted and not the whole drive as before.
Having multiple plots in a single hard drive is better than 1 packed plot, the drive also make it easy to read small chunks of plots instead of a big one.
@goldshidlfx This is a nice guide on the Burst assets.
@Branislav When u switch pools u need also to reassign reward pool address. The communication walletServer undefined means that U didn't add the burst wallet server address to the jminer conf file hence since it's empty it's not being used and displayed as undefined.
Like I said before u do not need that, because that option is only to retrieve the information about who won the block according to the wallet server. It only displays information from the wallet nothing more, u don't need that.
@Lexicon Yeah I saw it, why don't u make an announcement in return about the pool and the code he is using. His pool does not deserve miners if he does not know what honesty means.
Solo mining is beneficial if u have more than 96 TB.
3TB drive is not worth solo mining.
First I suggest u to read a bit here in this forum starting in this category https://forums.burst-team.us/category/12/faq
It's not something we can explain in 2 words. When u done plotting the cmd windows will show u the progress of the plotting in % and time remaining. Ur mined burst will appear in ur wallet.