Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: rammy2k2 on May 09, 2013, 03:38:50 PM



Title: Create a new SHA256 coin ?
Post by: rammy2k2 on May 09, 2013, 03:38:50 PM
I see so many scrypt ones .. come on .. launch a new SHA256 too !


Title: Re: Create a new SHA256 coin ?
Post by: TheSwede75 on May 09, 2013, 03:51:27 PM
I think we are looking forward and trying to prevent the 1-5% asic owners from raping a new coin.  PPC would have been amazing if it were asic proof.  The time that went into mining and building up bitcoin is part of what helps it hold value.  Also bitcoin transactions take way too long, I love BTC and will continue to hold it, but as far as a fast daily use coin, I feel litecoin is a better option.  Someone here on the forums said it before me, but I can't find it to quote that individual: "Hold BTC for longterm storage, but use LTC (or similar altcoin) for daily transactions."  Not exact quote, but you get the idea.

Anyways that's my 2cents on why all the altcoins are pointed towards scrypt right now.

You do of course not realize that the 'rape' of a new coin and the reason that all the shitty scrypt coins are launched by JR Members is that they are idiots that just wants a quick buck. What is the difference between ASIC mining a new SHA coin quickly and the 'developers' (You really only need to know how to cut and paste) instamining high block rewards for 10 minutes at difficulty 0.


Title: Re: Create a new SHA256 coin ?
Post by: rammy2k2 on May 09, 2013, 06:56:47 PM
i wish some PRO guys to launch a nice SHA256 coin .. not all these lame ass scrypts ...


Title: Re: Create a new SHA256 coin ?
Post by: jimmyk on May 09, 2013, 06:59:44 PM
i wish some PRO guys to launch a nice SHA256 coin .. not all these lame ass scrypts ...

I wish the pros would design ANY good coin.


Title: Re: Create a new SHA256 coin ?
Post by: markm on May 10, 2013, 01:32:12 PM
There are more SHA256 coins than most miners bother to merged-mine.

For example the Massively Merged Mining p2pool at dvcstable01.devcoin.org:10332 pays out 100% of the bitcoins (that is, it is a NO FEE POOL for bitcoins) plus it also merges NMC, DVC, GRP, I0C, IXC, CLC and XGG alongside.

A bounty has been offered for tools the operators of such pools can use to share out the proceeds of selling the merged coins, so eventually we will be able to sell the merged coins for devcoins then share out the devcoins to the miners in proportion to the amount of mining they did.

As far as I know no one else even bothers to merge all the coins, Bitparking's merged mine pool for example only mergeds NMC, DVC and IXC.

So there is no need for any more SHA256 coins yet, as we have hardly even begun to make full use of those that we already have.

-MarkM-


Title: Re: Create a new SHA256 coin ?
Post by: TradeFortress on May 10, 2013, 02:10:05 PM
The problem with sha256 right now is ASICs are still limited in availability.


Title: Re: Create a new SHA256 coin ?
Post by: Praxis on May 10, 2013, 02:17:45 PM
OP do you have an ASIC?


Title: Re: Create a new SHA256 coin ?
Post by: Adamlm on May 10, 2013, 05:58:18 PM
For example the Massively Merged Mining p2pool at dvcstable01.devcoin.org:10332 pays out 100% of the bitcoins (that is, it is a NO FEE POOL for bitcoins) plus it also merges NMC, DVC, GRP, I0C, IXC, CLC and XGG alongside.

How to join this pool?
I don't see a registration link on dvcstable01.devcoin.org:10332... ?


Title: Re: Create a new SHA256 coin ?
Post by: sterob on May 10, 2013, 06:17:52 PM
Butthurt ASIC owner gathering thread?


Title: Re: Create a new SHA256 coin ?
Post by: bitdwarf on May 10, 2013, 06:27:18 PM
Butthurt ASIC owner gathering thread?

http://i.imgur.com/Mlpfb.gif


Title: Re: Create a new SHA256 coin ?
Post by: rammy2k2 on May 10, 2013, 09:27:05 PM
OP do you have an ASIC?

no, i have FPGA, i dont understand why everybody trolls abt asics bla bla .. im just sayng my opinion .. there are some many script .. i wish there could be some top coins for sha256 too


Title: Re: Create a new SHA256 coin ?
Post by: xibeijan on May 10, 2013, 09:34:15 PM
I see so many scrypt ones .. come on .. launch a new SHA256 too !

Why not at SHA3 instead?  Here's one http://www.yacoin.org/about.html

N.B.  Keccak512 is SHA-3


Title: Re: Create a new SHA256 coin ?
Post by: lukemarshall on May 10, 2013, 09:38:04 PM
What about Maria 2.0?


Title: Re: Create a new SHA256 coin ?
Post by: collapse on May 10, 2013, 09:56:34 PM
I see so many scrypt ones .. come on .. launch a new SHA256 too !

After read your post ...

[ANN] After others, another useless coin, sha256, Trollcoin, massive premining, rewards 10BAC, 1BAC after,..
Bad coded, bad support, nothing different,...
This is a compilation of two projects by two groups: ScaCoin project, and MNova project.
It is possible to join all features in one coin, Trollcoin:
http://sourceforge.net/projects/trollcoin/?source=directory

To run it, compile:  
Quote
bartercoin-qt -addnode=trollcoin.no-ip.biz:44444

Note: You should not mine useless coins,..., only for testing purposes,....,nothing more. It's not difficult to do a "working"* clone, really difficult, it's do something good. Requires years, ..., and more.


*
Quote
23:51:11
{
"blocks" : 206,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 1.00000000,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 0,
"pooledtx" : 0,
"testnet" : false
}


Note: This coin it's a joke.


Title: Re: Create a new SHA256 coin ?
Post by: meteors2888 on May 11, 2013, 08:54:02 AM
I see so many scrypt ones .. come on .. launch a new SHA256 too !

After read your post ...

[ANN] After others, another useless coin, sha256, Trollcoin, massive premining, rewards 10BAC, 1BAC after,..
Bad coded, bad support, nothing different,...
This is a compilation of two projects by two groups: ScaCoin project, and MNova project.
It is possible to join all features in one coin, Trollcoin:
http://sourceforge.net/projects/trollcoin/?source=directory

To run it, compile:  
Quote
bartercoin-qt -addnode=trollcoin.no-ip.biz:44444

Note: You should not mine useless coins,..., only for testing purposes,....,nothing more. It's not difficult to do a "working"* clone, really difficult, it's do something good. Requires years, ..., and more.


*
Quote
23:51:11
{
"blocks" : 206,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 1.00000000,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 0,
"pooledtx" : 0,
"testnet" : false
}


Note: This coin it's a joke.

It maybe a virus. >:(


Title: Re: Create a new SHA256 coin ?
Post by: hdclover on May 11, 2013, 08:56:43 AM
and get ripped by asic ? no thanks


Title: Re: Create a new SHA256 coin ?
Post by: collapse on May 11, 2013, 09:42:45 AM
It maybe a virus. >:(

No virus,..., compile it:
Jokecoin: http://sourceforge.net/p/trollcoin/code/ci/master/tree/

Something new? No.


Note: This coin, it's a joke.


Title: Re: Create a new SHA256 coin ?
Post by: de_xt on May 11, 2013, 09:53:06 AM
In the readme it says it isn't finished.


Title: Re: Create a new SHA256 coin ?
Post by: tom_o on May 11, 2013, 11:05:43 AM
Note: This coin, it's a joke.

You need to work on your comedy mate... I see no one laughing.


Title: Re: Create a new SHA256 coin ?
Post by: collapse on May 11, 2013, 12:26:00 PM
Note: This coin, it's a joke.

You need to work on your comedy mate... I see no one laughing.

Perhaps, they have other type of sense of humor.


Title: Re: Create a new SHA256 coin ?
Post by: markm on May 11, 2013, 02:29:04 PM
For example the Massively Merged Mining p2pool at dvcstable01.devcoin.org:10332 pays out 100% of the bitcoins (that is, it is a NO FEE POOL for bitcoins) plus it also merges NMC, DVC, GRP, I0C, IXC, CLC and XGG alongside.

How to join this pool?
I don't see a registration link on dvcstable01.devcoin.org:10332... ?

It is p2pool.

Use a bitcoin address as username, password isn't even used just anything can be put as password.

The bitcoins go out in the coinbases transactions.

It is effectively just a zero fee bitcoin-mining pool so far because there is not yet any tool for paying any extra yet, p2pool cannot do "negative fees" so cannot be set to send out more bitcoins than it mines.

So a bounty has been set up for a tools that can divvy up coins in proportion to work. With such a tool a pool could sell all the altcoins for devcoins and send out devcoins, since devcoin addresses are identical to bitcoin addresses. Or of course, a pool that isn't aimed at promoting devcoins could sell all the altcoins for bitcoins and divvy up the bitcoins similarly, to attract miners who only care about bitcoins by simply paying them more than 100% of the bitcoins mined.

-MarkM-