In the next 1 hour.

You're obviously not a small miner.

Miners serve another purpose, to Make some money as their reward for making a solid secure network for everyone and the way things are now and only getting worse ,owners will get cut out.  So I wanted to create so etching with a small edge which would give miners a relative edge.  That's all.  Everyone is still happy, everyone wins, nothing changed, nobody is robbed while the small guy now has a bit of excitement in his life.  It's win-win, like I've said many times before.

The coin is 99% ready to launch.

The second programmer I wanted to do a second look at the code isn't responding so I may just launch this as is.  Hopefully the VGB Protocol won't throw everything into crazy land.  Since it is something no programmer has had to work with yet.  

We'll see.

I'll explain VGB as soon as I launch it.  It's scrypt but but with no PoS as PoS wouldn't work with athe VGB protocol but its fine, the diff is covered and so far the test run is looking flawless.  I think all miners will be excited to see VGB hit their screens.

R3wt, check you PM.

And the focus is on miners cause they're the 99%, and they should have some sort of advantage.  That's all VGB is,- small advantage but everyone befits even the big miners.  As long as it works properly since none of these programmers have worked with anything like it before so its hard to say if it will perform as expected. 

So my focus is on the miners only as far as leveling the playing field a bit end making mining less of a flatline experience but that's for everyone who mines.  Mining should be a bit more fun and rewarding and hopefully VGB will have that effect.

Before launching anything there's a process of brainstorming.  That's what this was.  I had people saying sure 10% is great.  Then some flipped out so I dropped it to 5%.  Some said great but then some said flipped so I dropped it to 1%.  Then again people had a cow so I removed that too.

Then my programmer said that was plain stupid and I needed at last a small premine.

I have been changing my mind - as much as I've been listening to the people I'm trying to build this coin for and there was never a strong consesus.

If you think that's untrustworthy then that's your prerogative.  Go find another dev that gives a shit about what you people think.

And for r3wt, What exactly do you want to pay 1,000 for?  I don't get it?  VGB will be free since its open source.  I won't charge you anything for it if it turns out to be a good thing and it doesn't go haywire once put into practice.

I've been trying to do a good thing for all miners and I've used 99% of their input even where I didn't like it. And in return they all attacked me like rabid dogs.

So I'm sorry but my patience is running thin.  I thought you were one of them now trying to say I stole your idea.  I apologize.

No, sorry, but your theory sounds pretty good.  I'd love to read it sometimes.  Are you an economist as well?

This VGB protocol is different than scaling.  But I'm not sure how it will work out in real life since it can get weird once programmed.  That's why I wanna pay another programmer with experience to take a second look.   I don't want to ruin a good theory by some bug or programming error.  

Thank you so much.  That's why I went with the 1% premine but half of that 1% goes immediately for bounties  for block explorers, pools, etc.  and my half of 1% will be in a wallet everyone can keep an eye on, I will not sell a single coin and its possible ill just give it all away if it looks like there's urgent work that needs to be done.  This is not a short term thing for me, I keep saying that but people are deaf.  I want this to work for the long term.

Thanks so much for being reasonable - most people here only think about themselves.  Maybe it's because too many hack devs came thru here  pumping and dumping their coins.  I'm not that guy.   You will all see.

To give small miners a small edge.  Many give up when they see how little they stand to make.  That's not right.

I'm sorry, did you say I copied your economic principles?  Or your ideas?  I have no ideas what ideas were yours.  I asked on an open forum for ideas to make the miners coin something they would want but as for the economic VGB protocol I thought if that out of thin air cause it made sense.  Cause I wished it existed when I was hopelessly trying to mine a POS litecoin.  Such a protocol would have given me a chance and made mining litecoin more fun.

I would love to but if it leaks I'm screwed - surprise is the little thing I've got left to get people to want to mine this coin. 

That's exactly want I did because this is money.  What better way to make a better coin than to apply economics and finance to it.  Wait and see, if this executes probably, if it was programmed right then it's gonna be beautiful for the little miner but for everyone else too.

After talking to the programmer he said no matter what I do people will bitch.

So he said this:  premine 1%, keep half for yourself and put In a wallet so people see you're not dumping it.

Then use the other half of 1% to do do exactly what you said, set bounties for pool, exchanges, etc.

So that's the way it's gonna be.  Look at all the assholes on here even after I said zero premine.  Nothing but hating boneheads.

So I will give away half my 1% right away for anyone who wants to set a pool, exchange and such.

And don't worry about the high difficulty.  The VGB protocol will really help level the playing field for the little guy.  As much as possible.

If these closed minded haters had let me premine 5% or 10% I could have made this coin a killer coin.  Now it's gonna take forever.  Sad, truly sad.

Does .25 Sound right, mark?

But the VGB will likely throw everyitnng for a massive fucking loop.

I hate cursing but now I'm pissed.

There's no way to predict how VGB will react in this experiement.  It's an unknown variable never used before. It's a financial instrument mixed in with this mess.

I fully expect others to spin off VBG for their own coins.  It makes mining more fun and rewarding although depending on the outcome it may turn out to be a mess.

I'm gonna pay a second programmer to look it over once its done to see if it can be refined.  I don't want it to go haywire.

There's no money printers here, it's all digital but I get your point
Money printers or banks are part of any Eco system so they can't be excluded.one has to look at the greater good if there is one and choose that which benefits the most at any given point in time.

Good luck!

This new miners' coin should be ready to launch tomorrow.  So I expect a launch tomorrow night.


Here are some detail and more will come as its finished:

1) 49 coins at 70 seconds - Scrypt: PoS, I'm told PoW is included.  Sorry, I fought the miners hard for Sha256 so you could kill it with a 51% attack if you felt the need.

2) Original Plan 21 years - ro be discusses later.

3) Total Shares approx 440,000,00 (Hard Capped)

4) Difficulty Retarget average of the trailing 21 blocks
    This should allow for some oscillation but not much, just enough to make things a bit
    Exciting while discouraging pool jumpers

5) Premine 1% - hence not all bounties etc., will come from community donations

6) Premined 1% - the whole thing will go to bounties etc and the coins will be given out to trustworthy people for accountability.

7) No Instamine

VGB Protocol - Never before seen or heard feature which should help the smaller miners while                            
Launch of the Nuggets Coin, a Scrypt coin, against my wishes, but as wished by the prevailing wishes of the miners will take place hopefully tomorrow evening as the coin is mostly ready.

We need a coin face, a logo to donate one.  Sorry, the coins I set aside for things like bounties were voted down. But I'm sure this community will pitch in if its a decent design.

The remaining details will be given out hours before launch for competitive reasons.  49 blocks at 70 seconds intervals for a fast coin while still stable was my best guess.  I originally wanted 21 years but modified the term and combined it with other economic and finance theories and principles of which you will find out I'm detail right before launch.

This is in no way a pump and dump.  I own no shares yet I'm the founder, this must be the new communist trend.  This coin was made with the purpose of the miner in mind first and foremost.  This coin should benefit the miners more than any other coin, and this will be more evident once the VGB Protocol is explained.

Wish everyone the best and look forward to an exact date and time.

Good much to everyone and God bless!

I EMAILED THE PROGRAMMER TO REMOVE THE 1% premine.

Now there's ZERO premine.

This is not America!

Unreal!!!



Good night.  I'm going to bed.  I hope those of you who weren't getting enough with 99% can now rest easy -you're getting all of it, 100%.  Congrats!

I EMAILED THE PROGRAMMER TO REMOVE THE 1% premine.

Now there's ZERO premine.

This is not America!

Unreal!!!