Dunno why people keep coming in here claiming the coin is dead. One might think they have an interest in buying low...

Considering the insane inflation we have been having for months this coin is very much alive, more than most would have imagined, and considering that this inflation will come to a stop soon you will be in for a big surprise how "dead" this coin is shortly  

Hi mumbly,

I can understand your frustration to some degree. It is always painful to put effort into something and then just see a negative feedback (even if it's not even related to what you are doing directly).

I have been joining this crypto world just a few months ago and don't really know that much. However it seems to me that developers showing an effort and being open plays a very important role for such coins to build up hype but probably even more importantly also show that you can trust in the coin. Money is a convention that in itself is worth almost nothing, but only because most people believe it is worth something. This is the same with cryptocoins. People need to believe that a HVC coin they have is worth something, and also how much it is worth.

How much it is worth is determined by what you can buy for it, apparently a not so easy long term goal for most coins, and I am glad you are working on that, because this is of course very important for the long term success of this coin.
How much it is worth is also determined by how many coins there are and how many there will be shortly. This is really also a main factor.

Now we had the situation that the main page for this coin shows info that is incorrect. It shows 56 days for the soon to be effective limit phase. As we have determined in this thread it will however be 88.1 days.
This might seem an unimportant number on some page in the internet for someone. But it is the information given on the main page of this coin for one of the most important factors determining how much such a coin is worth. And as we have seen the number of coins we will have is significantly influenced by this number.

Take for example reborn, who just stated he votes 1024 in order to have the mint phase ended as soon as possible in order to put a stop to the inflation as soon as possible. Do you think having 85.1 days more of heavy inflation instead of the previously anticipated 53 days is just some "minor number" for him? Anyone investing in this coin, who made the decsion to invest in it based on the expected supply determined by the information given on the main page, for any of these persons learning about some "minor mistakes" it could be earth shattering for the trust this person has in this coin. He could lose his trust, dump his coin, lower the price, and thus lowering the chances of this coin becoming a success.

And because this coin from a technical point of view seems to be working fine, allows energy efficient mining, and has some other things in the "pro" column, it would be a damn shame if it failed, just because the devs are too damn lazy to put the correct information up there.

In my opinion being as open and correct and fast as possible when answering questions, putting up necessary information, and correctiong mistakes, is 100x more important for the success than having some quiz game in order to produce posts in this thread so that the coin doesn't seem completely dead.

Take another example that I just discovered about the limit phase:
Page says "0 − 64,999,424 HVC" will be generated in Limit phase.
Page says "63,476 blocks" will be generated in Limit phase.
Page also says "The second phase (Limit) allows a maximum vote of 1024 HVC for the first 59,876 blocks, but 8 HVC for the last ~3,600 blocks so it can transition into to the last phase (Sustain). The Sustain phase allows a maximum vote of 8 HVC."

BUT: my Excel says: (63,476 - 3600) * 1024 = 61,313,024 plus 3600* 8 = 28,800 and in total this is 61,341,824 ... and NOT the 64,999,424 it says on the page.

So that means maximum total supply in the end will be 3,657,600 less than anticipated, ending not with 128M coins (max) but instead 124,342,400.
Which in this case probably is a GOOD thing. But it's a BAD thing we do not have the correct information up there.

Also if I may suggest something: having a "real" site for this might also sound more trustworthy than having a subdomain on github. Something like www.heavycoin.info or so.

p1nky

http://heavycoin.github.io/about.html

STILL says 56 days for Limit phase.

Why oh why is this still not fixed?
Is it supposed to increase confidence in the coin if obvious mistakes about the fundamentals are misstated on the main page and after their discovery are still not fixed days later? 

But it's another 23m coins on top of a coin that has far too much inflation already.

And it most probably means another 100+ days of the coin getting devalued more and more with transaction volumes of 1/3,000th of DarkCoin and others. I'm sorry, I have been mining HVC since the start and holding them still, but I don't see the coin surving 100+ more days of what has been going on in the last few weeks.

I know a few ppl investing in HVC lately in expectation of this 1024 vote thing ending soon and I don't see this ending well if over the next 3 months we're gonna see another 50+m coins dumped onto the market.
That's more coins generated over the next 3 months than have been minted so far since the beginning, and the coin is already in an almost coma like state!

Actually there are people voting 1024 currently in order to get over the minting phase as soon as possible. But as it looks this minting phase de facto will go on for 100+ more days, no matter what they do. And I don't see this raising confidence in the coin.

Therefore it is my strong believe that actions from the developer have to take place to save this coin and turn it around and make the limit phase an actual limit phase and not keep the limit phase a renamed minting phase for all but the last 5 days.

Well can you check with the developer why the website and also the comment in the code says 45m coins for mint phase but the actual the code says 53m please?
And why the site says 56 days for limit phase, when actually according to the number of blocks for the limit phase it's more than 88?

We really need to go into limit phase soon as it was originally intended and the limit phase really needs to limit the number of new coins in some way, and not keep things as they are up until to the last 5 days of the limit phase.

I had a look at the source code a bit.

First of all the mint phase apparently is not 45,000,000 coins as the site says but 53,000,000. This is what the wallet says as "Next" and what the source code says also

static const int64 PHASE1_MONEY = 53000000; // 45,000,000 (min 30D, max 171Y)
static const int64 PHASE2_BLOCKS = 63476 - nBlockRewardVoteSpan - 1; // 44D (min 0, max 64,948,224)

The limit phase seems to be defined in blocks, calculated from the block height of phase 1 + PHASE2_BLOCKS (as the upper block height limit for the limit phase).

So to me it seems this 1024 voting madness will continue to go on for more than 100 days (around 20 days left to reach 53m coins and then more than 80 days until we're at the last 3600 blocks of limit phase).
This also means more than 50m additional coins will be generated before the voting is limited to 8

IMHO something must be done in the code or the coin will be dead before the voting limit kicks in.

If the minting phase money supply apparently has been changed from the original 45m to 53m then certainly it must be possible to change this back to the 45m it was supposed to be in the first place, and also to make additional steps for the limit phase.

I suggest going back to the original communicated 56 days limit phase = 8 weeks = 40,320 blocks and drop the voting limit by 128 every week (5,040 blocks):
week 1   896
week 2   768
week 3   640
week 4   512
week 5   384
week 6   256
week 7   128
week 8   8

IMHO the coin can't survive 100 more days of 1024 voting, and then suddenly dropping to 8.
Also this reflects the spirit of what was in mind for the limit phase, having a graduation phase into the sustain phase.

The same as markets also a democracy needs regulations and adjustments, it doesn't mean the end of democracy.
We need a democracy, not a demo-crazy.

Can someone explain this to me please about the limit phase:

HVC site says "The second phase (Limit) allows a maximum vote of 1024 HVC for the first 59,876 blocks, but 8 HVC for the last ~3,600 blocks so it can transition into to the last phase (Sustain)."
Then it says Limit phase will be "63,476 blocks" and also "56 days (fixed)".
Now at one block every 2 minutes there are 720 blocks per day, or in 56 days there are 40,320.

So how can there be "63,476 blocks" in 56 days and how can the voting limit of 8 after the "first 59,876 blocks" kick in then?

Or is this "first 59,876 blocks" calculated from the start of the coin, not the start of the limit phase? Which would be even more confusing as we are at block height 55,133 at the time of writing this, so we'll be at block height 59,876 in less than a week, significantly before the mint phase ends.

So will the voting limit be dropped to 8 within a week, even while we are in mint phase?
Or will it kick in right at the beginning of limit phase?
Or will it not kick in during the whole 56 days limit phase...?
Or will the time per block change in limit phase so that actually "63,476 blocks" can be generated within 56 days?

How much trading history exactly does one need?

I see it's been listed on MintPal now with 1 vote so far. And I can't vote because "You must have a larger trade history in order to vote". I do have some trade history there, but not very much (around 0.1 BTC...).

5 hours to go and we need 42 votes to overtake the HTMLCoin, vote!

https://www.cryptoaltex.com/index.php?page=newcoin

EDIT: as only HTMLCoin is over 150 votes actually we just need 25 to pass the 150 and as not only the top voted coin is getting listed, but also a "random" one that gets drawn from those that are over 150.... MNR would probably be the only coin possible to get "drawn" thus getting over 150 would be sufficient to get listed (unless other coins also make it over 150, which given the dynamic of the last few hours seems rather unlikely).

Voted at https://www.cryptoaltex.com/index.php?page=newcoin but we need a lot more votes to get it listed, so everyone in this thread should really vote!

00:00 CEST is just fine for me (I'm from Europe).

Now will there be a working GPU miner from the start? I'm a bit unsure whether the crashing 1gh GPU miner is by design to only allow CPU mining at the start or if it is a bug that will be fixed - ie whether I should look out for a new GPU miner until midnight?

I am holding all mine and voting 1, it's still a great deal in BTC/kWh ratio even at the current price!
The noise my cards make when mining scrypt alone make it worth continuing to mine HVC!