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Title: Avoiding Coins Created With Coingen Post by: organizer on January 13, 2014, 12:57:30 AM Interesting read here:
http://cryptolife.net/avoiding-coins-created-with-coingen/ Quote You see, coingen was created by one of the oldest bitcoin supporters and exists solely to discredit altcoins. Accordingly, every coin this site spits out has it’s difficulty scaling set the same as Bitcoin – 400% in either direction every 2 weeks. History has shown that this is a laughably bad idea, and that the difficulty will get stuck at some obscenely high value. This causes miners to jump ship and block generation to come to a standstill. At this point the coin is effectively dead, unless a patch is issued. Since all these coins lack a developer, no such patch will ever come. It is therefore inevitable that all coingen coins will be dead within a few days of launch. Maybe this explains what happened to GFT, lol. Title: Re: Avoiding Coins Created With Coingen Post by: bitwho on January 13, 2014, 12:59:50 AM gft , grumpy , aliencoin , crap coin , batcoin , reserved coin , lennycoin ...
okay i started this thinking that i would list at least 15 coins but i just went blank... well come back and edit. Title: Re: Avoiding Coins Created With Coingen Post by: Nullu on January 13, 2014, 01:04:11 AM What's the best way to detect if a coin came from coingen?
Title: Re: Avoiding Coins Created With Coingen Post by: digit on January 13, 2014, 01:05:42 AM very useful post, hopefully we can compile a list of the ones that appear and stop these scamcoins for good
Title: Re: Avoiding Coins Created With Coingen Post by: J.B.O on January 13, 2014, 01:06:41 AM What's the best way to detect if a coin came from coingen? Stupid names ;D Edit: If you find it in this list: (Warning, it's scary) http://coingen.io/status.html (http://coingen.io/status.html) Title: Re: Avoiding Coins Created With Coingen Post by: Nullu on January 13, 2014, 01:08:49 AM What's the best way to detect if a coin came from coingen? Stupid names ;D Not all coingen coins have stupid names. I want to avoid all coingen coins. Edit: Nevermind, the link explains how to spot them. Title: Re: Avoiding Coins Created With Coingen Post by: axxo on January 13, 2014, 01:53:28 AM Coins created with Coingen should be listed on the OP so everybody would know which coin to avoid.
Title: Re: Avoiding Coins Created With Coingen Post by: bitwho on January 13, 2014, 02:09:01 AM hmm. just checked with grumpycoin "getblockhash 0" and it did not give that hash... is there another way to detect is the coin is indeed coingen? i know ,right now, we can go and do a quick search and find the coin names up in the status list, but i am sure coingen stuff will catch up on this and hide the coins.
right now the only ways i can tell is vie a quick search in their status page and the playin ol' coingen wallet status when we open a wallet Title: Re: Avoiding Coins Created With Coingen Post by: Hazard on January 13, 2014, 02:11:45 AM hmm. just checked with grumpycoin "getblockhash 0" and it did not give that hash... is there another way to detect is the coin is indeed coingen? i know ,right now, we can go and do a quick search and find the coin names up in the status list, but i am sure coingen stuff will catch up on this and hide the coins. Because it wasn't made with coingen... But still is a crapcoin nonetheless. :Pright now the only ways i can tell is vie a quick search in their status page and the playin ol' coingen wallet status when we open a wallet Title: Re: Avoiding Coins Created With Coingen Post by: Eex77 on January 13, 2014, 02:16:06 AM It's a bit bias since Hazard runs his own altcoin creation system, but yeah both services should be put to an end.
Title: Re: Avoiding Coins Created With Coingen Post by: kalus on January 13, 2014, 02:36:27 AM check out the coinbuilder thread: looks like they added customisations (e.g. blockrate, difficulty retarget time) to the coingen engine.
https://bitcointalk.org/index.php?topic=413019.0 http://coinbuilder.info/coin/ looks like someone was listening to articles and threads like this. |