Bitcoin Forum

Release: April 2nd 8:00 PM GMT


INFO

Algorithm: Scrypt
Premine: 0%
Block time: Random
Transaction: 3 confirmations
Block reward: 25,000 RND

Official website is soon to come!


Official Pool
We will be on dedicatedpool, still talking to them about release and such.


Exchange Ready
I am working with http://cryptorush.in to be on an exchange the minute this coin goes live. If I have to pay the listing fee out of my own pocket so be it.

No Premine
Premine is generally a scam. I won't be doing any premine and this coin starts at block 0. Coins that premine fail. A DEV should support his/her coin without stealing from the community.

Bountys
I will be paying for these bountys out of pocket.

Coin icon: .1BTC to winner, .025BTC to all submissions. (Submit ideas as comment I will pick a winner in the next 24 hours)
Promoting: Promote the coin with a thread reviewing and advertising this coin's concept - .02BTC


I have all of the code created for this coin. The whole randomizing aspect needed to be coded by myself.
This isn't your regular cookie cutter coin that fails just like the rest. The DIF is going to be based entirely on a random
integer rather than based on the network hash. We believe this will ultimately create great, long-term mining profits with this coin.

If you have any questions or comments feel free to comment them below or send me a PM.

Donate to buy our spot on cryptsy: 15ujudzFAi2NyXjsJNeN7ftqkbz7Q4Azpz

If we can get about 1.2 BTC donated I can buy our spot on cryptsy! Donated so far: .05 / 1.2

okaypool

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Algo? (Please don't say scrypt)

We think the random dif will deter asic miners from hitting this coin.

SUMPOOL is READY!

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and all the other goodness that comes with being one of the BEST!

Explorer, please. I wanna watch this  ;D

I will be sending a bit of info to you soon!

Yeah I can create the explorer soon

How many coins total?

Were do you submit the coin icon?

Following here:D

CGA clone?

Hi!  :)

Here you have just and example for your logo  ;)

https://i.imgur.com/5Ivhedz.png

Do you like It or the idea?

Thx & good luck with the project!

I'm not going to post any BTC wallet or something like that until you comment with an opinion or claiming for It to send a donation your post can be blocked  :D

I like it a lot!

Why?

Send me PMs with any questions.

I LIKE THIS!

Change the algorithm , x11 runs much cooler . Random difficulty is good idea .

Multipools will sodomize this coin. I'll mine it anyway.

Ok so this is mine proposition::

http://oi60.tinypic.com/n4xw01.jpg

Signed up, lets see how this coin turns out.

Couple ideas, they can be adjusted if needed...
http://s9.postimg.org/41w64aexb/rc_coin.png (http://postimage.org/)
http://s3.postimg.org/5oc6s559v/rc_coin2.png (http://postimage.org/)
http://s24.postimg.org/z8kqvfgf9/rc_coin5.png (http://postimage.org/)
http://s28.postimg.org/slyzyqust/rc_coin7.png (http://postimage.org/)
http://s17.postimg.org/8kgc807v3/rc_coin10.png (http://postimage.org/)

I like what I read so far, I like it a lot.

I will watch this one closely. Good luck dev !!!

So is "random" in the same way that random block rewards for other coins is random, meaning, not random at all?

No the difficulty of the coin is random.

That's a cool new idea. I'd like it better if the diff was a random number between 0.0002 and 2  ;D

Curious if the price also will be random :P

Well that would only devalue the coin :P

I like that a LOT. Mind if I use that temporarily until a winner is picked?

What do you think? :D

http://i.gyazo.com/8f6d12f8a912cda9421cdf67755c58a5.png

Sure np :] you can even add info who made that if used :p

Im getting a lot of positive feedback in my PM. Thanks everyone!

Good but coin picture in the first post doesn't work.

all logo can not load from BTT

huh?

Reward System: Full Stratum/Vardiff system with PROP
Server Location: Europe / America
Pro Hardware: Connections: 10 gigabit network hypervisor/storage. Direct connection to AIMX, MSX
Storage: Fast ZFS based environment with SSD cache and 32 disks.
CPU: Xeon 64bit / 16 powerful CPU cores
Ram: 128 GB RAM.

Security:
Two different geo-locations Hot wallets (primary and instant back-up).
Offline secured cold Wallet.
Automated back-ups and warning system for operators.
Ddos protecion.

Here's a minimalistic logo :)

https://i.imgur.com/b7Ex17y.jpg

Interesting. I'm really loving all the submissions.

Im also open to ideas of how the coin operates. Even the basic idea. I am 100% willing to make tweaks to please the community.

Heres a few more ideas

http://s28.postimg.org/trzbgzkst/rc_coin11.png (http://postimage.org/) http://s28.postimg.org/t50ergnwt/rc_coin12.png (http://postimage.org/)

http://s28.postimg.org/pvgxnvthp/rc_coin13.png (http://postimage.org/) http://s28.postimg.org/mq1dush71/rc_coin14.png (http://postimage.org/)

http://s28.postimg.org/vnm3s59n1/rc_coin15.png (http://postimage.org/)


Hope u like

Addy for effort: 1KER56d3LfUoid8xiFvPfw4hRrosdS9mP6

idk if its me but links for no one show up...so thumbs it is!

http://s28.postimg.org/vwjoi2mfd/rc_coin11.png (http://postimg.org/image/vwjoi2mfd/) http://s28.postimg.org/9zx5hp98p/rc_coin12.png (http://postimg.org/image/9zx5hp98p/)

http://s28.postimg.org/a9zm3xhjd/rc_coin13.png (http://postimg.org/image/a9zm3xhjd/) http://s28.postimg.org/rbxi352q1/rc_coin14.png (http://postimg.org/image/rbxi352q1/)

http://s28.postimg.org/jlqpy00eh/rc_coin15.png (http://postimg.org/image/jlqpy00eh/)

Why pictures links stop working? Weird sometimes showing sometimes not, and partially, wtf? ;/

Why stop at random difficulty? Why not include random block rewards, PoS with random percentage after random amount of days, hell why not fork myriadcoin and choose random PoW algo for each block :D

This is an interesting concept, but IMHO the scrypt algo needs to go.

There is also an inherited flaw if you're going with the 1-20 difficulty, at some point difficulty 20 will be too easy as the network hashrate grows.

Thats the magic behind it all. Imagine the chaos when the dif hits 1?

I like the input though. I'll take everything into account.

Any other ideas?

No IPO : Yes
No premine: Good

Cryptorush: No
Mintpal: Yes

In my opinion cryptorush is a great exchange. Hopefully we can get on cryptsy but only if we show enough support or we get enough donations to buy a spot. If we could raise 1 BTC we could get this coin on cryptsy and it would have amazing value right out the gate.

remember the donation address to get on cryptsy is: 15ujudzFAi2NyXjsJNeN7ftqkbz7Q4Azpz

hypnotic  ;D

Avoiding this bs coin, dont go in other threads promoting your coin this is called spaming this is non ethical and just prove how you lack of promotional ideas.

wrong

I'm not quite sure I get how a random difficulty can work and would love an explanation as I'm a fan of the concept and have considered it myself before.  

If each client is randomly generating their own difficulty on the hour whoever is lucky enough to generate the lowest diff required has the most chance to find the block as they require the least work, locking in the lowest diff a large portion of the time.

I'm also interested in how you can go back and validate blocks. When you go to verify a block with a 'random' difficulty change how does it find this random number again with certainty? When a block is processed it compares its PoW included in the block to what it would generate in getnextworkrequired. have you removed this PoW check for the blocks with diff changes?


Edit: taking it a step further there would be nothing keeping someone from modifying their client to always pick 1 diff on those changes. Where any diff between 1-20 has to be valid for those blocks you can remove the randomness entirely and still produce a valid diff that no one would be able to argue with.

Who said that Random Coin's dif will be generated client side? I would rather not give away too much info on this because it is VERY unique and I don't want the idea stolen before launch. I'll give a full explanation of my code the day of launch.

No one said that. I figured it could be assumed but obviously I was wrong.

The crypto crowd from my knowledge is not much of fans of centralization, especially of their coins. I know for sure I'm not. I had hoped you had answers to my concerns that didn't involve centralization or trust because that would have made this truly novel.

Thanks for your reply, I've learned everything I need to know.

Best luck with your coin

The dif doesn't envolve centralization at all. It is decided by the network of clients. Can't explain how, nor do I think you would be able to comprehend it. Complex algos.

I love the idea, but I don't know if insulting the interested folks is the best way to gain appreciation. Good luck with the coin!  :)

Change the algorithm , x11 runs much cooler . Random difficulty is good idea

In addition to running cooler, Scrypt ASICS are rolling out. This coin will get obliterated (with almost all the Scrypt coins) as soon as those hit. Only survivors will be *Maybe* litecoin. X11 has no ASICS yet, runs cooler, and might actually give this coin a shot. I agree, Random difficulty seems new and interesting :)

Thanks for the input. I might make the switch to x11. I'm still trying to figure out how I will do this with 0% pre-mine. It would be great if we could get some donations to really kickstart this coin.

If you write good code, promote your coin and get some actual adoption (and merchant support) then you'll get donations and support from miners. Same way miners can make a living mining, you should be able to make one by developing your coin. The algo is the starting point, but without attention this'll die like so many other coins.

Well I have the algo down pat I believe. I just need to do a bit more reading on x11, the switch should only take me an hour or two. Ill have it done tomorrow if I decide to go that route. I'm just hoping this coin gets enough donations to buy spots on the top exchanges. It would instantly become a success.

Explorer, please. I wanna watch this 

  Exchanges kill coins if implemented to quickly i suggest you work on your coin and the exchanges will follow without bribes especially if its a successfull launch  !

Got a link to an X11 GPU miner?

Don't expect to get too much donation from miners. I won't say all of miners are greedy, but at least most of them are.
I understand as most of them have expensive machine and electricity costs.

X11 is good.  Script is dying.

I support you having a small fraction of premine, which can be used to promote. 

If the dev decide to use X11, it will be a great idea.

X11 + no premine + new random diff !

In total, these will make Randomcoin a nice coin.

And I like these logos with metal feeling.

http://s9.postimg.org/41w64aexb/rc_coin.png (http://postimage.org/)
http://s3.postimg.org/5oc6s559v/rc_coin2.png (http://postimage.org/)
http://s24.postimg.org/z8kqvfgf9/rc_coin5.png (http://postimage.org/)
http://s28.postimg.org/slyzyqust/rc_coin7.png (http://postimage.org/)
http://s17.postimg.org/8kgc807v3/rc_coin10.png (http://postimage.org/)

Whats wrong? the fact that you go out there post your link in other threads trying to attract people? where do you think this is going to bring you?

Thank you for the support :)

These coin names...Aaagh

What is wrong with the coin's name? It is named "Random" because it uses a random dif.

Personally, I like the name. I like it a lot. It is simple and it describes more or less the main attribute of the coin.

But please, consider to not go to cryptorush. At least, not now. Too many incidents with lost coins.
I would not send any of my coins there.

A new exchange is being considered. Mostly because cryptorush has been dealing with bad server issues for almost a week now. That is why I'm hoping this coin gets the 1.2 BTC donation so we can buy a spot on a top exchange. Hopefully cryptsy.

So I did some looking over your info, and there seems to be no limits on this coin? Unlimited supply will kill the value, as will too much interest in this coin (low diff + huge interest = flooded market). Are there any sort of limitations or will this coin just inflate?

take a seat ;D

There are limitations, but since I might be making a switch to x11, those limits are still currently undecided.

Would people rather see the limit low? or high?

Depends on how long you expect the coin to be mineable. If the diff isn't network based then early miners and backers will never be rewarded :( The only possible counter would be to have a relatively short mining period.

Also, how do you solve for a changing difficulty during a block? Like if the network is hashing for a block and the diff changes, what happens?

Just watch ;) you will be impressed. Dif is network based, but in a different way.

Does anyone else think this will just get raped by multipools and fail miserably due to oversupply and huge variances in the network hash rate? A variable difficulty exists in most coins for a damn good reason. I can see this failing pretty hard.

How will this get raped by multipools? It has a random dif :P

they wait till its 1 then instamine for an hour till dif changes

This won't be possible in the way you think it will be. I can't really explain much more until launch.

+1

You're right!
Exchanges may come later... relax... ;)





+1

I like everything about this coin, i will mine, but my coins STAY AT POOL!
I would not send them to cryptorush for sure!

Working hard to get on cryptsy

So dev :)


Have you already picked the winner or this info abotu 24h is edited today?

Please do not insult us. How are you working "hard" on it? Spamming support tickets?

What you should be working hard on is the code as it is your sole job as a developer.

I haven't submitted a single support tickets. I am personally speaking with the admins of Cryptsy. The code for both scrypt and x11 is complete.

Great!
+1

Here is my vision of Random Coin.
http://i1185.photobucket.com/albums/z360/rolexhunter/RandomCoin.jpg

Still thinking about CryptoRush? Yikes! That's where coins go to die.

X11 sounds like the best option at this time!

Actually no, we have pretty much decided not to use cryptorush.

Anyone who created a logo received any message response asking for their BTC address?  :'(


SCAM!?

Ya.... which logo won the bounty?

I don't know... I think that:

They take everything that we've created and shared with them to promote a coin that willl never exist ...

If the above mentioned "problems" ( i am not sure that there is even a real problem since people tend to panic easy this days ) are cleared.
And if the algo is changed to x11 i will mine this coin with 50mh ( scrypt, so about 150mh x11 ) and i will donated 3% of whatever i mine directly to the dev, untill he is working hard on the coin !

Im gonna give it about another 24 hours to see if we get any more submissions. I can't pick a winner until everyone gets a chance to submit :P

Change the algorithm , x11 runs much cooler . Random difficulty is good idea

I will probably be switching to x11. I already have the code created for it :D

I've translated the topic in the italian language, here:

https://bitcointalk.org/index.php?topic=548945.new#new

I'll send you the BTC address via pm.

Good luck with your project!

Cool man send me that PM

So any news about which logo you choosed dev?

Changed some textures for another option
https://i.imgur.com/2G1B9Eh.png

http://www.soeguild.com/uploads/random.png

Too late to try?

Probably not. Dev still didn't say if picked the winner.

Was a coin icon winner selected yet?

I'm waiting for the answer too cause I was one of the participant.

Will this coin be launched with X11?

yes

Please bring the block reward down, too high.

OP post sais scrypt when did it change to x11 ?
also how are u planning to get on the exchanges ?
if you have no premine u have now way of buying votes with your coin or creating faucets or other marketing tools.
Dev your going to pay for all of that out of your own pocket ?

I'm not sure I fully understand the premise of this coin. Random difficulty per block means that there is no way to calculate your profits,and it means that there is a chance you could direct a LOT of hash power at it and still make a loss. Won't this put miners off? I mean,it squarely levels the playing field,but I assume there could have been a better way to achieve this end without having the present potential to make miners of all hashrates away from this coin...

Just wondering, how do you mine X11?

Are you guys going to be ready for -x11?  If so, any update to your "how to" page?
Thanks

Can anyone point me in the right direction to download x11 and get settings for my gpus

Thanks

x11 is darkcoin algo.  So any miner that works to mine Darkcoin should work here.  Notably: https://bitcointalk.org/index.php?topic=475795.0 (https://bitcointalk.org/index.php?topic=475795.0)

Which card(s) are you using?

My configs for three(3) different cards.

7950 card(s): [1.8mh][60-70C at 50% fan.]

280x DC2T card(s): [2.26mh][60-70C at 50% fan.]

280x Toxic card(s): [2.38mh][60-70C at 50% fan.]

These specs are working good for me. Hope they will perform just as good for the next person should someone try.

We are ready.  There are download links on our frontpage for miners.

sgminer.exe -k darkcoin -g 2 --thread-concurrency 8192 --gpu-memclock 1375 --gpu-engine 1080 --gpu-powertune d --auto-fan --gpu-fan 50-100 --temp-overheat 75 --temp-cutoff 85 --intensity 13

sgminer.exe -k darkcoin -g 2 --thread-concurrency 8192 --gpu-memclock 1600 --gpu-engine 1150 --gpu-powertune d --auto-fan --gpu-fan 50-100 --temp-overheat 75 --temp-cutoff 85 --intensity 13

sgminer.exe -k darkcoin -g 2 --thread-concurrency 8192 --gpu-memclock 1800 --gpu-engine 1200 --gpu-powertune d --auto-fan --gpu-fan 50-100 --temp-overheat 75 --temp-cutoff 85 --intensity 13

Cool - thanks!

sgminer can be downloaded here: https://www.hirocoin.org/forum/index.php/page,downloads.html%22;

I'm using the Windows one from that link.

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Less than 2 hours before announced start and OP still says scrypt?!  ???

So will this coin have X11 or scrypt and is release still today at 8pm GMT?

Edit: It's now less than 3 hours. I have mismatched timezones...

https://i.imgur.com/Lv0hLXV.jpg (http://rnd.newpoolorder.com)

Lol my coin logo in use again. (this one on website)

OK now dear dev, please define your position about logo competion. Couse if mine will stay, I would like to get this 0.1 BTC bounty.
My BTC address: 1JXCM4Fisck5oKh5gLaRgTTXxCQiuAonvR

So this was changed to X11? The original post still says Scrypt.

I personally like it, and notice many other references to this coin are using it. Good job. ^_^

What kind of settings would you suggest for a 7850 XFX?

So, where is the dev ? No real coundown timer ?
Anything ?

Yeah - seems oddly quite.  Not even a wallet download (with password for launch), other than the mining pools - not much at all...

Perhaps launch time will also be at random...  ;D

2 hours to go... Where's the dev?

50 minutes now...

+1h (it's summer time)

Have to say it's looking quite worrying at this point... think this may be a no go?

Yeah, its not a good sign for a launch when dev is missing  ;D

Yep, dev is not even online...  ???

Probably gone with the "cryptsy" donations, 0.09581 BTC. Follow the addresses and you'll discover some interesting things.

Start here https://blockchain.info/address/15ujudzFAi2NyXjsJNeN7ftqkbz7Q4Azpz

Unless he prove me wrong.

8 PM GMT will be in 30 mins why are you creating theories? :P

That's about 42$. Not really much for a scam.  :-X

Yes for now still a theory, hope i'm wrong. I said "Unless he prove me wrong". Following the address and the transfered founds still interesting though.


Not much, true, but you know, 42 + 42 + 42+ ...., at the end of the day you end up with 5.58857237 BTC ;). 42$ for 5 mins of work, not so bad eh.

Hmmm   :-\

Still a theory?

Dev is on a plane to Jamaica with his .09 BTC

Well, my clock says it is past time.  Oh well, this may be what happens when you create something so random.

Do that at least 37 times in a month and you'll probably have a good weekend in Jamaica indeed.
Oh well
5min to create a post, min 0.09B/Thread, 37 times a month, 3.33BTC for a few hours of work. Better than some rock or football stars do ;). After the IPO, the "Pay for the Exchange Spot" PES one.

Alright, this seems to be pretty dead before it even started.  :-\
I thought this could be an interesting X11 coin to mine...

random.random.random :D

You guys are in for a treat :D

So what is this all about? April, 1st was yesterday...

No offense but I'de be happy for the promised coin icon  submission bounty as my treat...
Thanks

Random coin = random launch

Me too

And me, my icon is used in the first page. Decide at last if I won or not and if so, I would gladly get the bounty :)

sumpool doesnt work. anyone got it working so far?

This coin is a fail to launch.  None of the pools should be working...

launched

where ?

not so much...

Well damn. I wanted to see how this coin worked in practice. Even if he gets it going later, it won't be worth it anymore, now that we see what kind of developer this is.

was hoping for better but seems to be common ppl rushing these out

tales from the scrypt pool still shows Unable to connect to wallet RPC service: RPC call did not return 200: HTTP error: 0 - JSON Response: []

Random release delay?

Where? in your fucking fantasyworld? your basement empire?

where the fuck are the wallets? source? working pools

do you even know what launch means, you little shitcoin pusher?

Someone donated 2.4 BTC to me. I decided to not launch this week and instead go on a trip of Europe. I hope everyone understands.

Um, no. We do not understand.
Why would you undertake the creation of a cryptocurrency if you don't intend to be a mature professional or at the very least adult individual about it?

Losers need to stop making coins "Just because they can".
We have enough shitcoins out there.

http://radishreviews.com/wp-content/uploads/2013/10/picard-seriously.jpg

this is so random

Read the thread again. OP was always full of shit and will not deliver

Now I know.  ;)

No, this is casual.

Dev, pay me for my coin-icon that you use in first post as you posted, 0.1 BTC or remove it.

Don't hold your breath.

this is unpretentious

DEVS = Stupid people...

Don't came here another time never!

The stupid people would be the ones that sent this scammer btc.  This was an obvious scam.  They deserved to lose their btc.

The guy has no plan, says he'll work on this and that.  Will get back later with details, etc...

Haha, I love how the guy is such a loser in real life, in his mind 2.4 BTC is enough to go on a trip around Europe. Probably works at McDonalds and dreams of shitty amounts like 2.4 BTC. It will run out very quickly then back to your dirt poor life mate ;-) If only you and mummy had an education!

You jelly?

Not in the slightest.

Are you kidding, he's laying out the plans for his next shitcoin IPO

I can't blame him to be honest. As long as people keep sending their BTC's to random people off the internet, who've made a post on a forum saying they're releasing a new cryptocurrency, then it's a pretty amazing business model.

Lets just say I have made over 10 BTC in the past week from "donations"

Random diff is stupid idea...and diff from 1-20? stupid too..sorry.

How about random reward?  Looks like Bells is relaunched and it has a random block reward and the diff is low still...

https://bitcointalk.org/index.php?topic=540656.0

Too funny.

Well shoot, you can 'donate' to me too. I won't even run off to Europe with it. I'll just buy some potato chips and a large sprite.

More like 12.41988964 BTC, with your multiple scams. Donations? they donate for a coin you never delivered (exchange donation on that particular case), not for your own personal wealth.

Shameless scammer is shameless. The disgusting part is you are still around taunting peoples, with your 10 years old exploit. You should be IP ban, same with all your aliases.

This isn't a scam? I am in the process of RE-INVENTING crypto currency. Im not doing a copy and paste coin.

Im doing this right.

Somehow you can rationalize taking people's money and not delivering a product. If you actually gave a damn about "RE-INVENTING" crypto currency, you would have returned the stolen (oh wait, it's "donated") BTC since you didn't even deliver anything.

Quote before deletion.

So a shitty attempt at money laundering?

Lol and you are proud of that?

Shutup Scam Exposer, we all know you run the real SCAM
https://bitcointalk.org/index.php?topic=553124.msg6039800#msg6039800

Petition to ban Scam_Exposer from Bitcointalk.  Vote yes.  It only takes a second.

https://bitcointalk.org/index.php?topic=567115.new#new

random.random.random

You guys are in for a treat
No offense but I'de be happy for the promised coin icon  submission bounty as my treat...
Thanks

Launching this coin sometime within the next couple of weeks!

Please don't. This coin is bad.

Don't Say that ,, This Coin looks great ,, Just have Some Patience :)