Kreur

What exatcly is Yobit token (YO)? Does it have its own native blockchain and like BTC or ETH or is it utility token (like BNB for example), what are uses of YO token? Can someone provide technical data please? I would love to know more about it because its traded in a LOT of pairs on yobit.

Let me start with congratulating on forum growth - offering money for creating posts is brilliant campaign and in fact brought me here - I told to myself "they will have people there for sure, it might be cool place to discuss things" - that was the main reason (getting "free" money is nice but pales in comparison to having good place to discuss things) I am starting to feel it dilutes quality of posts and you need to dig through lot of superficial posts (I will elaborate bellow) to find quality stuff we crave reading about. I feel like in last 100 post read I "learned" about 30 times that "bitcoin is number 1" I will try to describe what I mean by superficial posts and make example that would apply if topic was about making pizza. Of course noone will talk about pizza here, but everyone knows what pizza is so it might be good to show examples of what I am talking about🙂 "just noding" - basicaly post that offers nothing new and states the obvious, most often short in lenght and written in non-thretening almost "overly politicaly correct" way, just mental copy-paste without doing actual copy-paste. pizza-example: "yes pizza is delicious and its made in oven." same thing in multiple posts - one person repeats something many times adding very little, if any new stuff at all, basically same thing in other words. pizza-example "you can have many different thing on top of pizza", "pizza topings can be adjusted", "you can choose what you put on top of pizza", "different toppings makes different pizza" "easy offtopic" - something where person reacts to post about X that briefly touches Y by stating some obvious thing about Y. pizza-example: someone talks about how to prepare pizza, how to heat oven, layer ingredient etc. and briefly mentions cheese in ingredients, response "cheese is made from milk"

Ah so you are getting some banano cryptocurrency and not bitcoin as mentioned in frst post. That makes it bit misleading, please fix it if its the case. Getting some new crypto that might be worth something in future is also even better advertisement for that site than offering 7-9 sat per not so trivial task.

7-9 sat per such complex task is insanely low, you can help with training AI image recognition where you just choose is this picture X? yes or no. This would pay like 100-1000x more. Hell even working on some clikfarm would pay way more...

@palalu this seems like quite complicated faucet, how much does it pay? Trying to find out if its worth the hassle because checking for sock on monkey is way more work than lets say clicking capatcha...

@Jonok ETH fees are lot lower than BTC fees for sure, but when network is congested (a lot of people wanting to send transactions) they might spike up and even stay there for some time, in quite recent past gas prices were around 20-30 gwei for a week. Or during ICOs you might experience short term sharp price spikes. Fees are very small if you want to do simple things like sending ether (21k gas usage), however is you want to do complex things like lets say deploy large smart contract or permanently store some data on blockchian (lets say 5 million gas usage) fees start to become significantly larger and gas price matters a lot. This trick allow to optimized it especially at times when gas price is higher. Hypothetical example - 5m gas used, gas price 20.001 vs 30 might at some circumstances be nearly same speed, but can save you about $7.5 at current ETH prices. Or if you do a lot of smaller transactions (day trading for example) those fees adds up too.

Ethereum network transaction fees are counted as gas used multiplied by gas price. Gas used is given by complexity of task, transfering ETH is exactly 21k while transfering complex ERC-721 tokens might use around 400k gas. There is not much you can do about this part (gas limit work mostly only as failsafe against endless cycles and I do not recommend tinkering with it unless you are an expert) Gas price is much more interesting - this is where you compete against other users incentivizing miners to pick your transaction and inlude it into blockchain. And other users as a whole likes certain numbers. 1gwei is big one since its lowest gas price many miners agree to include into blocks, lower gas prices makes transactions VERY slow. 1 gwei however gets the job done once there is no high demand for fast transaction (might be minute or also hours or even worse) Now comes second part of the puzzle - wallets like to add 10% to gas price when you want to speed up you transaction, that together with favourite numbers makes transactions clump together on certain gasi price levels and if you add just little bit more you will have priority over them for near zero cost. Examples: 1gwei -> use 1.001 1.1gwei (1x speed up on 1) -> use 1.101 1.21 gwei (2x speed up on 1) -> use 1.211 2 gwei -> use 2.001 2.2 gwei (speed up of 2) -> use 2.201 4 gwei (kinda favourite) -> use 4.001 4.4 gwei -> use 4.401 8 gwei (another favourite) -> use 8.001 8.8 gwei -> use 8.801 10 gwei (big favourite) -> use 10.001 11 gwei -> use 11.001 20 gwei (lot of ppl use this if they want very fast tx) -> want lightning fast tx? use 20.001 or in general take anything your wallet suggests and add small fraction (like 0.001 gwei) to make any transaction faster (sometimes very significantly) by jumping ahead of all those transactions clumped at favourite gas prices. And it costs virtually zero ( to be exact 0.000 000 021 ETH for ETH transfer, which is around 0.000 003 USD in todays prices)

Bitcoin is and always be the first cryptocurrency, which is huge. It also means biggest adoption, however ETH can do many things Bitcoin cant. Most importantly trustless exchanges - that means exchanges, where your coins never leave wallet until they are sold and no intermediaries (like binance or yobit) are needed. You can also upload any data or even entire program on blockchain and it will do exactly what its programmed to do and cant be changed ever. 24/7/365 access guaranteed.

Yes I checked there is low to moderate liquidity of CHP, but question still remains why to use CHP instead of major crypto or stablecoin/fiat playing poker. I believe app/site is legit, what I dont like is additional risk of CHP becoming shitcoin and additional volatility, are there any major benefits that might outweight this added risk to make CoinPoker lucrative place to play?

I would love to see number of active players over time chart. I am also not sure whether making own coin is reasonable for poker site, why not use Tether, Dai, Bitcoin or Ether?

I have been using freebitco.in as a faucet from time to time + have few hundreds refs there. It works fine for several years now. I do believe that its dice game is legit and fair, however every spin have negative expected value so you will lose money in long term. There were time when fraction of bets went into jackpot and you had option to play for jackpot for 1 sat with 0,01% chance to win, so anytime jackpot was over 10,500 sat rolling dice for 1sat + playing for jackpot was positive expected value. Doesnt work this way anymore.

Main question still is: is browser mining worth the electrcity used? If you use just your computer probably not, even without counting security risks. On other hand if you have popular website and want to monetize traffic it might be better alternative to ads, but its also blocked by nearly every tool available. I would prefer site to use small percentage of my computing power (and tell me that) over trying to use milion ads and trackers (which slows page loading even when effectively blocked)

Really? I looked there few times and there were nothing that would buy even glass of water so I concider it waste of time. I can imagine that yobit might give something of some value (water<value<coffee) from time to time to keep traffic, but fishing for it seems crazy to me.

I would never give ID to any airdrop, way too much risk. Giving non-primary email is basically risk free, I have one just for this purpose. Phone might be ok if its sms verification, it have some privacy threat, but its legetimate tool to combat multi-registrations. Installing app is out of question unless you trust that company. Most important question always is: does airdrop make sense? If no than no thx, I will pass.