Bitcoin Forum

1. The exact time of the launch is not yet know, I will notify some of my friends when I decide on it.
2. Massive pre-mine. 90% of all existing coins will pre-mined by me.
3. There will be 4096 more coins than the 21M of bitcoin. It seems that anyone launching an alt needs to increase the total number and I don't want to look like an idiot.
4. The coin uses fast re-targeting (sometimes); other times it uses a slow one. It's really a random interval of blocks betwean 1 and 1024. The difficulty will also go up or down a random amount with no perceivable correlation with the current one.
5. (MOST IMPORTANT)  The chain uses Proof of Scam (PoS). Whenever you scam someone you will need to send proof to me (did I mention it was centralized?). It really doesn't matter what kind of scam it is. The more people scammed and the bigger the loss the better.
6. Block reward is also random (-50..+50 SCC). Yep, sometimes you will just lose your coins. You did just scam someone so there needs to be some kind of punishment. Don't worry, The distribution is not linear so it's just a 5% chance the amount will be negative.

Pool operators will be strongly encouraged to jack up fees without notice, freeze balances or simply shut down the pool and steal all the coins. Block rewards for pool operators are halved though, since it's a lot easier for them to scam people. We want to keep scamming fair after all.

What do you guys think? Any idea of improvement or criticism is welcome. ;D

Sounds like every other alt coin out there. No point!

You should have a paid-for, closed source, mining client.

Sounds like the right coin for BFL pre-orders.

Can I pre-order?

You can pay me off with -10000 to +10000 coins right away.

Sure, I take CRC.

As luck would have it, you're one of the unlucky 5% :(

Please send me 10000 SCC as soon as I've transferred you the $1,000,000 (one million) processing fee.

Ahh paid client, why didn't I think of that? It will come in 2 flavors 19.99 which displays adds for gay porn and 29.99 which doesn't but steals your wallets 8)

Keep the suggestions coming guys!

How about a scan of your passport, a recent bill and your mother's maiden name are required before you can buy the client?

there is already SC..

you can take fee upfront for mining, like if someone want to mine 30 mins he has to pay you 0.5btc, or for 1h mining 1btc  ;D

Doesn't really work since scamming is a singular event. ;D. You can't decide "I'm gonna scam people for the next half hour".

stupid coin because 90% coins will be premined by the author.

100,000 FTC for 10 SCC

Sorry OP, someone beat you to the punch. Its called XRP, and it was "100% premined" to the tune of a few orders of magnitude more than 21 million coins.

So basically OpenCoin stole your ideas and just tweaked them a bit. Sorry for the bad news.

Good news is, I have a few million XRP Im willing to sell you for juuuuust the right price!!!*



*obvious sarcasm is obvious

bwahaha this is genius

Whooosh?

contacting my lawyer as we speak 8)

please set "sarcasm_detector = on"

why you premined so many?

It's the only way to make sure this better version of Bitcoin succeeds. Without a strong and well financed leader, the whole thing will fail just like Bitcoin has.

Because I have premined so many and this is obviously a scam I shall reward myself with another 5% of all coins  8)

That's too far.

I quit.

ok, ok; since I don't want to lose early adopters I have decided to premine only 66.666% of the coin  ;)

Sounds like a perfect JokeCoin candidate

MMMCoin was the best scamcoin ever existed... 10T coins premined and 0.01 fixed block reward :D

SCC is going to the moon my ass

You've won me back.

I want to exchange 100 000 FeatherCoin for 1 ScamCoin. Do me a favor please

I can do this for you.

You'll have to send me your processing fee first so that I can get the paperwork in place.

The mining software could 'mine' your computer for personal info and display it on the scamchain.

I want to put in a buy order 10BTC for 1 Scamcoin

Here are 100 reasons I think ScamCoin will succeed:

1. Best name ever (compared to stupid names like FeatherCoin, CHNCoin, GLDCoin, YaCoin, BitGem, Franko, JunkCoin, PowerCoin. BitBar ...)  :D
2.
3.

...
...
100.

Another altcoins just have 99 reasons

 ;D

Can I pre-order?  and how ? thanks very much !!!

Most honest alt yet.

Are there ways to earn this coin without mining, maybe by writing?