Bitcoin Forum

LOL THIS WAS BIG TROLL. But seriously the actually finished copy of IndianCoin will be released on Friday the 17th

What is the name of the new coin and what is the est release date? :)

It shall be named LongCo(i)n.

The estimation of release of this coin is around next week. The coin name will not be released yet for personal reasons as the domain name hasn't been bought yet and other reasons.

Dont bother, will sink faster than Royalcoin...

How many of different crypto currencies we need for one of them to hit off? It's getting bit confusing..

Do you have a website? How many coins rewarded per block? Any premined coins? :3

1) this won't happen 2) worst idea ever

I think he's just yanking our chain.

You really have to make some more serious changes to get anywhere with these altcoins, just changing a few numbers around won't make it super-popular.

No improvement on existing coins, so why making it?

I do fear a duplication of effort in the digital currency movement. It could get to be like linux where it goes from genuine freedom and competition to outright fragmentation. For those of us who believe in the politics of digital currencies this is a little bit concerning because it takes resources away from the more viable currencies. Endless forking and fragmentation has not helped linux compete with the establishment and I fear that the same may be true of digital cryptocurrencies.

For people who are only interested in speculation I suppose that they are interesting and I also suppose that nobody forces anybody to get involved with them.

Just my thoughts.

To get rich fast, why else :D

Well I doubt the branching is actually a big issue. The coins popping up will most fade away as the speculators speculate the hell out of it with some taking a profit and some losing. The hashrate will fluctuate for the major ones (like LTC dropped in diff when FTC and then CNC came out), but they'll get back to it once the new boom is out in a few days. It's quite ok I think and natural to happen for a while.

Ok, so everyone will create his own altcoin ...

I agree that it is natural and may be inevitable. None of it has anything to do with creating an actual currency though. These are speculation vehicles only, in my opinion. The bitcoin economy, on the other hand, must be built from the ground up. There's so much meaningful work to do there.

Domain bought. Coin is almost finished just needs some fixes.

You're not really selling me, here...

toooooooooooooo many coins !!!!!  ::)

and yet another coin.... i wish i had a crystal ball that would tell me which would die and which would hit the exchanges ;)

Ugh... no thank you.

There's nothing new, useful or innovative about this coin. Plus there's no interesting twist on how it's mined.

IMHO if you want your coin to take off, have a fair start, and don't make it a boring clone. Do something experimental/fun with it.

BTW to have a fair start:
1. Do not premine any. Mine the genesis block, release it, and wait for someone else to mine the next block before you start mining it.

2. When you announce it set a specific date and time (in UTC) at least 2 days in the future and stick to it. If you think you will be delayed for any reason, announce it as soon as possible in the original post of the thread, and pick a new time at least 2 days in the future.

3. Set the difficulty to a reasonable value for the amount of hashing power you expect to jump on it when it's released. If it's a litecoin clone, start at difficulty 5 or 10. If you are afraid it will take too long to mine until the first retarget, move the first retarget to 100 blocks or 50 blocks or whatever.

4. If you tinker with the difficulty adjustments or the block time target make sure you test it really well. If you launch and your coin is supposed to have a block mined every 60 seconds and it ends up being every 5 seconds, people will just get crazy large amounts of orphans and start calling it a scam.

5. Do not decrease the reward exponentially for each block mined so that people who mine it 2 days late get like 0.1 coins. Pick a number and have it stay that number for at least a few months if not years.

6. Pick a good name. I would name examples of really poor choices in names but I probably shouldn't. Pick something people can rally behind.

7. EDIT: Oh almost forgot: put your source on github, and also build proper windows binaries with UPNP support *enabled*. If possible get someone with a good reputation on the forum to build his own windows binaries and post them as well so people are less likely to fear a virus. If the coin has a new hash algorithm and is meant to be CPU mined make sure the windows binaries are really fast and well optimized for various popular CPUs.

Edit: removed examples of coins...

Hope your scamcoin get's burned to the ground in shame  ;D

Why do you think this won't crash?

Where will you announce this coin? Hopefully it works out! Don't mind the hostility from people, it's only because there are 5 million other useless alt coins out there.

+1

Update the coin is called IndianCoin or INC. The logo will be something like this https://encrypted-tbn2.gstatic.com/images?q=tbn:ANd9GcTL3DemhxuuxUWNLB-Ii7cxRg3eADmbJ4EXtgu2q2wt9QOtUa5DZA

May have just found the domain. Nice looking logo though! Are you going to do a pre-announcement with a dedicated release time so no big fish can jump in early and power mine the crap out of it?

Might want to get that domain working. Nothing shows up.

Looked around site. If you are seriously considering building off of BlooCoin, your alt coin is bound to fail. Nobody likes centralization here, and that's what BlooCoin is. Centralized transaction.

No I ripped their site theme. I not building off Bloocoin. The site is still in construction as I'm re-coding the html.

Good. I see you're still modifying the site. BlooCoin is such a failure.

Um... why make your logo a Sikh religious emblem if that's less than 1/40th of India?

http://cdn.memegenerator.net/instances/400x/37723888.jpg

It's called IndianCoin...

Website almost done. Waiting for your github link to go active.

The coin is almost finished. Until then please spread the news of IndianCoin/INC

Oh neat, you can find/replace in existing source and create your own coin!

Everyone else did. Hopefully this coin works out though.


Will you do a pre-release announcement to raise awareness? Also I recommend you only mine the Genesis Block, then stop and wait a while.

Are there any improvements in the spec? How is it mined?

Well i'm not sure what I should for the release....

Post a set time that the release will be released. Make sure you include time zone. I recommend using an American time zone, as that's where the majority of people here are from.

I live in California so that's covered. I need to talk to someone who already created an alt-coin because I have some questions about the server and all.

What server? Your domain? Also you should get your github setup relatively soon. Source code need to be posted.

What's the advantage of the coin?  That it will be harder to mine early on?

Yet another coin to help premined guys rich >:(

No advantage, unless you have premined

interesting concept, lots of new alts out, i wonder if we will see more location based coins, maybe eurocoin or something similar

someone will mine it?

So just another copy N' paste coin then ;D

I say people should keep on creating new currencies, until one actually does have a good hold. You never know what might happen. It could even be a catchy name that changes the whole game.

The name is what gets it out there, usually regardless of it's features. That and if it was pre-mined or not.

If you really want to make it premine-proof. Let The first 10000 blocks with 0 coin reward...

But your only goal is probably to premine it yourself, so ignore me :D

indian?

yeah,so many people.

Wasn't Bitcoin premined? I don't believe Satoshi mined the Genesis Block, stopped for like 100 blocks, and restarted again. I think he just continued.

An easy solution to avoid premining would to only generate one block, the Genesis Block. Wait for like 25 to 50 people to start mining on it, then start mining again.

What will this altcoin provide that others do not?  As mentioned earlier in this thread, just changing some numbers around will not make a different, more attractive altcoin.

He will need to discuss what the new features are, yes. However, JKC, YAC, FTC, and CNC all didn't bring any features as well and got mined to shreds.

I also recommend that a Moderator move this discussion to the AltCoins subcategory.

How many of different crypto currencies we need for one of them to hit off? It's getting bit confusing..

People are doing it more or less to learn about the alt coin code. However, most of them only changed some numbers. I'm looking into making one worthwhile, but that uses a whole new algorithm instead of SHA256/Scrypt.

Another way is to get someone like me create a coin and mine only the genesis block, cost people like me with crappy hardware of cpu + gpu still less then 30kh/s cant even premine lol

So what's the advantage?

Uses a whole new algorithm? It takes years to plan one out and years to prove its usable while facing public scrutiny and adoption, so far the only new hash function that isnt that new is sha3, even if the algo is different, what sets a new coin appart firmly is not how the coin is made, but the applications that it can be used for

I was thinking either SHA3 or SHA512 encryption. That would be only one thing to set it apart. I'm still brainstorming other ideas that a brand new alt coin could boast.

Im sorry but i must also voice my opinion about how this is a bad idea.

Its fun for you to design a logo and decide some parameters yes, but cant you start a small business and charge in bitcoins instead? That way you help the cryptocurrency-community by expanding the economy, now your bloating the community with another currency for your own gain, (or so it seems, sorry if im wrong)

What does India have to do with your coin? Or is it native americans?

I'm a big fan of ripple! I bought a lot when it was super cheap :) I'll sell some soon when the price will good enough.

Enough already coins >:(

Was this posted as a joke or a suggeestion?

I started my own business MyOwnAddress http://myownaddress.openbtcshop.com (http://myownaddress.openbtcshop.com) and it has been slow but alright to run. I make custom Bitcoin addresses without having my customers private key. But I do agree with you and the economy, but this is about making currencies. Not helping Bitcoin.

oh, no!

i agree

Big update. The coin will be finished by next Friday which is the 17th.

Stop mining them, and people will stop making them.  ::)

Do we get free naan bread on the side with this order?  ;D

I just compiled IndiaCoin that I made.. Dammit!  I was going to release it tonight too!   :o :o :o ;D ;D ;D ;D ;D ;D

Well, China, Russia and India are reserved, which next big one? USCoin, I guess

PatriotCoin

I'm waiting for ZIM coin  ;D

Just let Franko run for a while, people might get oversaturated by the flood of new coins.

Come on guys, I think it has a chance of being in the top #10 of litecoin coins, after LTC, FTC, CNC, RYC, FRK...

I already found someone working on that when I searched GitHub..

Come on ppl, stop publishing coins with a 3 line change to the 3 variables.

There are already tooo many fucking indians .. we dont need any more !!

Oh if u have not got my message STOP!!!!

? I'm not even Indian.

I dont care what u r stop this bullshit !!

crystal ball here... this WONT.  :P

Yep, George Bush face could be on the logo  ;D

Next one will be Jewish Coin (JEW). Why not? :)

Followed by the HITLER coin...lol

Which chain-hopper fix are you using, to prevent what happened to namecoin and happened again to a couple of recently launched coins that failed to learn from namecoin's experience and use any of the fixes the coins that were around when namecoin got hopped adopted at that time to prevent it from happening to them?

The fix that DeVCoin and GRouPcoin and hmm not sure which other coins used back then seems to have worked okay; I am not sure what other fix some others used but I don't think those that did use a different fix have actulaly field-tested it yet, as in actually gotten nastily hopped so we could see their fix actually worked.

Also, while you are at it, you are including the timetravel fix, I hope? Again some recent coins left that out, too, so are just sitting there waiting to be hit by the timetravel exploit...

-MarkM-

wooooooo ive got 1 FRK for 10,000 Indian coins!

ANSWER PM FUCKER !

hi CNC author!

SO u have brought your scammer ways to another thread ...what a delight u r ..I hope your Mum does not find out otherwise u will be grounded

I know its hard going through puberty but hang it there ...lol

Will it be proof-of-curry? Because it's worthless to me if it's not.

? Seriously how to mine ? what scammer ? lol I'm 32 idiot...what are you talking about ; HOW TO MINE THIS ?

You sure seem to lack the maturity of a 32-year old. Or is that in dog years? ;D

Cause I'm willing to support this new coin mining for 5Mh and I have no answer. What's point of the author and even you ignoring such important question about a new coin ...?????

There. I fixed it for you :)

IndiaCoin sounds better than IndianCoin...

A merged mining scrypt coin, with litecoin as a base, would be nice :p

THis my way to support this. :)

And then NUREMBERG coin!

Oo

The coin isn't even finished... who told you it was finished

On your fucking website it's written STARTING TODAY.

You son of whore.

then please add that to the title/OP post.

Is so he can premine it until then ;)  I got a copy of the source as well and am premining it now as well!  going to make MILLIONS!

LOL!!!!! I haven't uploaded the coin source yet. plus this code ain't finished so how can I pre-mine it?

Why is your website hompage empty?  ???

Please dont be what I think it might be

what do you think it is?

I'm recoding the site for a better design.

Yeah i can see all the support you are willing to give noob !!

How long does it take to modify 3 lines of code .or is this the first time using a text editor ?

 8)

Are you even Indian ?

DO you even have ONE post in the Indian section ???

RACIST !!

Racistcoin?

nazicoin coming soon...

http://indiancoin.org/images.jpg Tell me what you think about the logo?



Anyone site is almost done. http://indiancoin.org/

Coin has been released earlier because of working overtime to get it done. Please inform me if their is any issues thanks!!!


IndianCoin.zip (1.2 MB)
https://mega.co.nz/#!8dVSnTZQ!WA6t6wyNBXMso8F9IeXICX4kBIpibGaQd5nkyzBMX-o

wtf. announced release date 17th.
Use your brain when you scam. Don't make it obvious.

I worked overtime on this coin to get it done by today. Check it out yourself. I didn't mine any of it. Plus I have Google Chromebook computer that runs Chrome os so their is no way I could have mined it already.

Where's the executable?

Windows binary only?
Seriously?

Yes why?

^^^^^^^^

how to run in windows?

Has anyone got this to run in windows??

Here's the github source - https://github.com/IndianCoin/yacoin

A coffee machine wouldn't mine this shit.

Oh yeah, that's much more help then a friggin executable

The Window Build will be up soon give it time.

How completely half-arsed.

whats the .pro file?

make: *** No rule to make target `IndianCoind', needed by `all'.  Stop.

indian coin stinks？？

So, Linux people get a headstart??

Not compilable at the moment I think

lol, even names wasnt changed form yacoin lol

Sooooooo, this isn't actually released yet? Man, I'm so confused right now

lol, this is just yacoin.  Only changes appear to be renaming textual occurrences of yacoin into indiancoin.

Some advice from me guys. Invest in this coin. Just look at it, it will do well. India will adopt it. India big population. IndianCoin big coin. mine for days. Will take over bitcoin just watch.

Like chinacoin did?

dude you premined the shit out of this already
where's the fun for us :'(

The only thing remotely related to Indians about this coin is that it's made by a cowboy.

You are missing entries in obj and obj-test. How about committing the full source to github...

Can we mine it yet, or not??

So what's the point?

Coins should be about technology, not nationality. Countries already have their national currencies. If you don't have new ideas, please don't make new coins.

Ctrl R :Yacoin>IndianCoin.

Definitely well thought out.

I think I get it... It was only a matter of time... trollcoin

Well done op :)

OP, you really think people are going to take this seriously when you can't even be bothered releasing it properly?

What does that say for the prospects of long-term support? Hrm... let me guess...

Yeah, can I get an answer please, before I blow a gasket...

Windows Build is out - IndianCoin-qt.zip (8.5 MB)
https://mega.co.nz/#!dYNjRZoA!IWb6O3_aG4gkaC07otbIzyQ7XPMzeKYmFXvn9MBtBvg

I don't trust this

28000 blocks already?????????????????????????

oh come on, you couldn't even rename it properly?
don't get me wrong, yacoin was the best alt i've seen in a long time, though it had some haters - it's understandable that someone was going to fork it - but no innovation, no renaming? next time skip the website and make the client better.

i scrolled through the source, didnt find anything bad. and for compiling - rename the IndianCOind to IndainCoind. seems that the releaser-wannabe-millionaire didn't even try to compile it after rename. in that case i might even believe that there was no premine on his part.

So, after what seems to be hope when i posted on page 3 of this thread turned into yet another fk*** bullshit coin.

1. You didnt even bother changing your github directory, still has /yac obviously u simply cloned yac code which cloned blah blah blah.

2. Someone mentioned u saying coin released on your website and said you were premining, u promptly removed all traces from your site leaving a index page.

3. I asked why u left an index page only, you mentioned you are recoding it, turns out you copied from novacoin.org

4. Editing a few strings in the source code and announcing a new coin.

https://i.imgur.com/nrsHKar.jpg

It's just the yacoin client :( Obvious troll is troll

And everything still says Yac...

WOW I am impressed with all that HASH power..lol

I dont know what I have been thinking..we really need more people liek yourself to help move forward the crypto community

Keep up the sterling job u r doing  :D

even not changed the name from yacoin. INC is just a pile of shit!
scammer, don't you feel ashamed ?

It starts the Yacoin Client and shows my Yacoin transactions...

FAIL

rubbish

WORST SCAM COIN EVEEERRR!!!!    >:(

it is yac coin? when i try to install it says yac coin already running, well it actually says nova coin already running?

I wouldnt download the windows client outside sandbox :)



{
"version" : "v0.4.0.0-g32a928e-beta",
"protocolversion" : 60005,
"walletversion" : 60000,
"balance" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 56490,
"moneysupply" : 2624018.35128100,
"connections" : 3,
"proxy" : "",
"ip" : "I.4M.4N.h4x0r",
"difficulty" : 6.35144948,
"testnet" : false,
"keypoololdest" : 1368358602,
"keypoolsize" : 104,
"paytxfee" : 0.00000000,
"errors" : ""
}

LOL THIS WAS BIG TROLL. But seriously the actually finished copy of IndianCoin will be released on Friday the 17th

Backpedalling ~~~~~~~~~~~

https://i.imgur.com/nrsHKar.jpg

Funny thing is, people will still believe this guy

You sir, should fuck yourself.

what does this code mean?

Please, disconnect from the internet and never darken our doorstep again.

Please dont bother

I.4M.4N.h4x0r  :D

"ip" : "I.4M.4N.h4x0r",

You're just an "455.h013"

that's not funny man, i closed my franko and gamecoin miners for this, i've lost of on at least 0.00002 frankos and all those blocks with the '?' in my gamecoin wallet (btw when do those turn in to matured coins?). How will i ever pay back my 7950's loans at this rate?

Rapistcoin

LOL ;D ;D ;D

lol....u got loans for this stuff

.....good luck with that...winter is coming !

he only want to attact people to yac, which is also rubbish-alike and just little more than copy and paste.


There isn't anything to compare.

pocopoco:master and IndianCoin:42c2a67fa664a51c470ec2e6065a5fedb2caf664 are identical.

yeah that is actually part of my business plan - i have 4 x 7950 on one board in a small pc case, it's awesome for drying my clothes on and i have to have the bedroom windows open at night even when it's a ground frost outside.  I said i'd cut the lawn for free whilst my neigbours are away so they left the electricity extension cable out of their back door cat hatch. It's quite a large lawned area so it's probably fair over all and they are loaded so i bet they won't even mind.

ROFL

OP never said that it wasn't Yacoin.
I see no problem with people wanting to make a tribute to the most deserving coin these days around.

Read it again, including the bold part, think and STFU, thanks.

http://en.wikipedia.org/wiki/Irony
Good reading!

I already knew this one...but I know another one witch you might like: http://en.wikipedia.org/wiki/Sarkasm

Spending any resources mining any of these flavoroftheweekCoins is a risk. If you want to ensure your miners are doing something productive, point them at more established coins like BTC or LTC that have been around a lot longer than a couple days. There is no way to tell if a coin will become established or not. Betting your ROI on on these isn't safe.

NICE ONE :D

Come on now theirs a coin for every country.