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2021  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 25, 2013, 12:59:45 PM
That being said, I didn't check if the function gets really called successfully when checking a block, so it might have botched badly. But I strongly doubt that.
I think this coin is slightly above "crap", mind, only it's not the utter and total crap it would have been if this function didn't work as expected.
But looking at how the GetBlockValue function has been written, apparently the author isn't a great developer.
It contains two noob mistakes: (1) duplicated code, and (2) mixes tab and space indentation.
This fact alone is enough to be VERY wary of any code he has written. As if the fact of him being anonymous wasn't enough.
2022  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 25, 2013, 12:55:01 PM
Why wouldn't this work? I'd try it but don't want to screw around trying to compile this on Windows.

Code:
int static generateMTRandom(unsigned int s, int range)
{
    return 50001;
}

(you don't need the first 3 lines, and you could have simply did what I quoted here)

It shouldn't work because that function should get called not only by the miner, but also by every host once they receive the block: if the reward doesn't match, the block should be discarded as invalid.

Otherwise you could do this very same trick with Bitcoin itself.

That being said, I didn't check if the function gets really called successfully when checking a block, so it might have botched badly. But I strongly doubt that.
I think this coin is slightly above "crap", mind, only it's not the utter and total crap it would have been if this function didn't work as expected.
2023  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 25, 2013, 12:47:05 PM
No. Even more than 30% could be dangerous or seen as an attempt to overwhelm the network. The company is doing more than fine, there's no need to be so greedy.
+1

Comparing it to google is so senseless I'm wondering if the guy has any idea how mining works.

edit: apparently that's not exactly what he meant, sorry (still it could have been phrased more clearly Wink)
2024  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 25, 2013, 12:42:02 PM
this idiot uses a simple random number generator to determie block rewards. guess what happens when i remove that and just return max block reward instead?

i will be posting an altered client that gets 5k coin rewards every time, in the next hour or so. this coin is trash and needs to die.

Actually that doesn't look possible:

Code:
		const char* cseed = prevHash.ToString().substr(8,7).c_str();
long seed = hex2long(cseed);

int rand = generateMTRandom(seed, 100000);

if(rand > 30000 && rand < 35001)
nSubsidy = 188 * COIN;
else if(rand > 70000 && rand < 71001)
nSubsidy = 588 * COIN;
else if(rand > 50000 && rand < 50011)
nSubsidy = 5888 * COIN;

The seed is based on the previous hash, hence it might be open to some kind of attacks, but "just changing the function" should not work.
Unless he botched badly block verification, of course.
2025  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 25, 2013, 12:23:28 PM
Required reading reg. LuckyCoin (and most/all other alt coins launched in the last weeks):
http://www.legitcoinage.com/?p=27
Redirects here but it's a 404 :/
2026  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 24, 2013, 11:23:34 PM
"please donate" beggars just made this thread boring :/
2027  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 24, 2013, 10:36:16 PM
Quote
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**

what does this mean?

just set random username and password. And connect it with your mining software

rpcuser=penis
rpcpassword=penis


Error! Password not long enough!   Grin
enlarge your penis, then!
2028  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 24, 2013, 10:34:41 PM
Quote
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**

what does this mean?

just set random username and password. And connect it with your mining software

rpcuser=penis
rpcpassword=penis
2029  Other / Beginners & Help / Re: What would you do with 1000$? on: May 24, 2013, 10:33:43 PM
I'd invest half directly into Bitcoin. The other half I'd put in slightly riskier Bitcoin investments. Maybe some ASIC miner shares, Bitcoin Global shares, or some Bitcoin mining equipment. Your return probably won't be as good as if you just invested directly into Bitcoin
Wrong: if the investment itself is bitcoin-denominated, if BTC appreciates in value, your investment appreciates too.
So you get the dividends on top of the gain from the better exchange rate, at the price of having more risk.
2030  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 24, 2013, 10:07:42 PM
Are we supposed to start a new popcorn quote-fest?
2031  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 24, 2013, 09:59:20 PM
Can you fuckers stop sucking up my bandwidth with this junk.


Posting Collegehumor link instead of original Bash.org  Angry
sorry but the original isn't an image, so it wasn't as effective Sad

I understand the annoyance, though!
2032  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 24, 2013, 09:55:53 PM
Can you fuckers stop sucking up my bandwidth with this junk.
2033  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 24, 2013, 09:49:45 PM

2034  Other / Beginners & Help / Re: What would you do with 1000$? on: May 24, 2013, 09:39:24 PM
Buy bitcoins, and invest half of them in ASICMINER.

Only problem is that currently ASICMINER shares are quite expensive, so you may want to wait 1 or 2 weeks to see if they go down.
Of course, they might go up instead.

That said, I never invested large sums all of a sudden, instead I gradually bought some coins once per month, more or less.
2035  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 24, 2013, 09:33:22 PM
The genesis block is mined by the coin author before he releases the code
Oh, silly me, I didn't realise he didn't release anything yet.
2036  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair on: May 24, 2013, 09:27:17 PM
I don't get it: what is preventing people from starting mining "right now" instead of waiting for a specified time? Assuming they don't care about forking before even starting, OFC.
2037  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 24, 2013, 09:06:51 PM
The shocking thing is - there are bids for it.
I realised just now that that auction is for ONE piece, since in the picture there are FOUR...

Not saying that this was deliberately misleading, I'm not accusing someone... I'm just wondering if this is what prompted some people to bid.
2038  Economy / Service Announcements / Re: CoinBomb.com has just launched! on: May 24, 2013, 07:40:26 PM
its kind of a similar idea, but I think we've taken it to the next level Smiley
I agree, this is much more polished and designed.
2039  Economy / Securities / Re: [BTC-TC] TAT.ASICMINER New Micro-share Passthrough! on: May 24, 2013, 10:24:20 AM
ok got it, i don't remember now but dividend are payed every week? cuz i read somewhere that with tat asicminer they are payed every 48 hours
every week.
2040  Bitcoin / Bitcoin Discussion / Re: Primer for a P2P Distributed Exchange on: May 23, 2013, 04:31:54 PM
Bitcoin is an awesome solution to our end-game problem... I look forward with longing to the day in which I won't have to touch any disgusting green paper bills backed by threat of imprisonment...

However, as long as the threat of imprisonment is there and those disgusting paper bills are Legal Tender to pay your taxes with, we must deal with them, and keep producing new ways to make it easy for people to trade those for bitcoins.
I agree with your feelings, but believe me: unless you manage to invent teleportation, you are still trading IOUs.
Put IOUs back into the equation and it may start making sense...
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