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Exactly. IMO this "proof of idling" coin seem like the next BTC. HOARDERS UNITE!
!!! WARNING: Sorry, I did more research about the structure and thought about what I said previously, I have to change my mind, I was too blind and did not think of all risks involved:
There is a BIG ABUSE POTENTIAL AND POTENTIAL LEGAL RISKS involved, I DO NOT RECOMMENDED RUN NKN ON YOUR IDLE VPS. Instead maybe cancel them or run something else.
Reasons: NKN could be used similar like TOR hidden services, you know a system designed to be decentralized, encrypted and anonymous simply attracts "bad guys" (gray&black legal areas, copyrighted material sharers and even more bad guys which are around e.g. in the darknet). I do not want to explain details.
I still thinks its a very innovative and good idea with potential if its used e.g. for Videostream CDN but it has a big abuse potential by design and we know bad guys are out and use what they can.
In worst case e.g. people send very bad / illegal data maybe the feds will raid many nodes involved.
@Moderators/Admins: Please remove this topic or move to thrash, delete whatever you can do to hide/lock it, thanks!
BITCONNEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEECT
So long, and thanks for all the clogged pipes!
This is an awful idea.
The end was nigh. Go to bed now, tks.
Did someone just spit their dummy out?
Hello,
what do you mean spit dummy? I simply changed my mind, I was wrong about risks & abuse potentital which is way higher than I imagined initially.
mmmhmm.
So, I try this on virtualbox, and after a few hours, it keep showing Syncing on NKNMining Web interface.
How long will it take time to sync all ChainDB? And what is it size?
hello,
i suggest you come to discord chat https://discordapp.com/invite/c7mTynX there are ppl usually to help you fast.
Ever heard of Juicero?
Inb4 we get a bunch of disgruntled idiots because they can’t get a full gigabit on a shared gigabit port.
OMG THE FOMO!
Who do you think we are?
Indeed.
No.
Edit: I’ll leave this thread open for a while longer for meme value :-)
Is this basically an even scammier version of https://www.webhostingtalk.com/showthread.php?t=1370854?
I tried the guide you mention but unable to do. I even tried with docker.
My work is in IT security development and implementing or porting crypto is one of my typical tasks.
Looking with that professional background at that nkn stuff I can clearly say that that's either a malevolent scam or a project done by completely clueless idiots. Their "core" language is Go, which may be a fine language for some project types but is rarely used by professionals in the crypto field - and for good reasons.
Their Merkle trees (not exactly visionary nowadays) are based on (SHA) 256 bit hashes. I mention that as an example for their incompetent approach. About the only positive thing I can say about that nkn thingy is that one of the (quite different and seeming to be quite arbitrarily mixed) mechanisms used is Bernsteins 25519.
Thanks to their carefulness (not) I can offer you something funny: One of their supported APIs is "Exlir". Others are Java (not to be seriously considered today) C# (in .Net pros use F#) and of course Go (not seriously considered in the crypto field).
TL;DR: Kindly stop wasting network resources and our time with that strange mix of "mental asylum product" and "me too", @zero24x !
And btw., how the hell dare you to try luring people into investing (and losing) their money based on evidently not even being minimally qualified in this field? Go back to recommending funny playstation games to your pals.
What??? no more sudoku?
hello,
i suggest you come to discord chat https://discordapp.com/invite/c7mTynX there are ppl usually to help you fast.
Follow your heart!
is anyone making good money on renting vps'es for mining ? except for the companies renting out the hardware/vms
hello,
currently you can expect about 5$ per month but the new NKN is not yet on exchange so all in all no big profits in sight, maybe if someday big video streaming sites join they token could be worth more but no one knows for sure.
so its more an investment thinking the future brings a higher price, but you could also just buy tokens instead of messing around with mining.