Thank you for the update, I doubt that is is a specific Greed hacker otherwise other holders would have reported the same issue. My computer is very secured.

I will strongly suggest that you contact the holder that lost his coins and advise him to do a virus scan for malware on his computer, including malware bytes.

He need to do it asap as he will loose more coins in his wallets if there are malware on his computer.

ToDo:

[✓] Come up with a name
[✓] Design the specs
[✓] Figure out if said specs are possible in theory (and if I can do it with my skillset)
[✓] Build the coin base
[✓] Initial proof of concept tests (make sure the new ideas work as intended)
[] Finalize coin
[] Final tests
[] Get assets from web designer (Wallet images, thread images, website images, promotional images)
[] Use assets to prepare wallet, thread, and website.
[] Create swap form
[] Launch

So I'm excited to be able to say that I've made enough progress to release the reward specs for swing. The initial proof of concept tests have passed, meaning I should be able to finalize swing to the specs posted below.


So basically, POS rewards = 1% of the last 3 digits of the block count.

POW is the same, only there is a multiplier. It's factored by taking the number in the thousandth place and multiplying it by 10, and the result is the percentage of POS miners get.

I need to come up with a way to explain it better by launch but the chart should help.

So for example, on block 8532:

POS reward = 5.32
POW reward = 80% of 5.32 = 4.256

The only deviation is when the thousandth place is 0. Rather than have miners earn nothing they earn 100%.

So the supply will inflate at a maximum rate of (roughly) 2500 coins per day, and 912,500 coins per year. (Keeping in mind that's the max, if every block was POS)


I've opted to pay a web designer to do the assets for me this time around. I think a professional look and feel can go a long way. He is shooting to get the artwork done by the 14th, but I told him it's ok to overshoot by a few days if it means higher quality work. I would love to launch by this weekend. If I can wrap everything up and get the assets in time I will try to. However, that's just an ideal date. I don't want to give any hard dates as I know how awful they can be for markets when things get delayed and dates are missed. However, I'm currently hoping to launch sometime this month without much issue.

Thanks for the continued support guys. You're all awesome. I hope everyone likes the direction swing is taking. The "game" aspect has been pulled back and will be a lot less intense, but I think there is still a lot of room for strategy. This design makes for longevity unlike the others, and continues our tradition of hard coded speculation points which I'm pretty excited to see play out.

Been two months. Presale should be over. When can we expect to see our coins?

"The Xi presale will last for 2 months, beginning on 30 May 2015 and ending on 31. July 2015."

You'll need to collect shipping information for the physical challenge coins as well.

Monero wallet of course.

That could work too, but I'd prefer a 'beauty contest' where the heroes/legends picked an ultimate winner to exhume (maybe rebrand the winner as EXHUMED::EXM), as there's better marketing opportunities as a competition, and we all know adoption is what made Doge a top 10 coin, and that's the best chance for success from this concept of a 'legends of BTT coin' (i.e. style over substance).

My roadmap would be like this:

1- set the basic criteria for entries (i.e. blockchain is resurrectable, previous scam history acceptable)
2- call for nominations, then select 10-15 possible coins
3- heroes/legends debate the merits of each coin, bagholders argue their case (sharktank style)
4- 'tribe votes' to reduce coins down to a final winner


It could all happen over 3-4 months, by the end every crypto follower would know about EXM. Operation Lazarus!

OK how about exhume all the dead coins in one swell foop: make a genesis block that takes all the dead coins in all the dead blockchains and gives out exhumecoin proportionately to all the private keys (by converting all the addresses over to the first-byte coding used by exhumedcoin) so all the private keys used in all the dead coins all get some exhumedcoin.

Then since presumably all legends and heroes have huge holdings of bitcoin, maybe throw in all the coins on the bitcoin blockchain too, so the legends and heroes and such behind this scheme, who afterall might not be bagholding any dead shitcoins or not enough to matter, will make something out of this.

Sort of like CLAMS did, but ancient long-dead like hundred year eggs, a real delicacy...

Oh and just think, all the developers who dumped all the shitcoins they developed will be out of luck on this, hahahah, karma bites, sukkas.

Throw in a "locate wallet.dat | import" type thing to automagically suck in all those dead wallets on the users' hard drive for easy importing without having to manually hund down all those dead wallets.

-MarkM-

Instead of jumping on the "lets make yet another shitcoin" bandwagon how about instead a team of legends and heroes sets out to update, in chronological order by launch date, all the existing coins, fix all their bugs, see to it all relevant BIPs are applied and so on?

Since a given size/efficiency of team would have some given finite number of coins they could bring up to date before the oldest is out of date again, this approach will probably only be able to deal wit the first so many months or years worth of coins before finding it needs to forget the more-recent ones for now and go back to the start again, maybe this time being able tp update more coins in less time.

So maybe eventually, especially if the team grows, each time through the chronological list they would be able to update more coins before the oldest needs updating again.

Hopefully they will be unlikely to get so fast at this that shitcoins being launched today will ever be reached, but who cares about shitcoins being launched today when there are so many coins launched years ago that not only have not been kept up to date but also have not even been worked on at all but the "developers" (as they like apparently to call themselves) who are ptting out shitcoins today.

Consider for example Tenebrix and Fairbrix, the first and second scrypt coins. Even by the time the third scrypt coin, Litecoin, came out we already were seeing this bullshit of people putting out some new piece of crap of their own instead of fixing the piece of crap the end-users were already invested into.

This Coblee fellow some of you seem to like is actually one of the early perpetrators of spamming out a new scam instead of fixing the ones end-users were already using.

Instead of updating the (really old, horrible) code of Tenebrix and Fairbrix, he just stole their idea and rendered a clone based on newer code (Litecoin), leaving the user-base already invested into the scrypt concept to rot.

Not a nice guy. Did anyone suspect he might just up and abandon Litecoin at some point? Seems like a no-brainer.

So, chronology. Somewhere there was a thread.

Bitcoin, namecoin, ixcoin, i0coin, tenebrix, fairbrix, was it? Or what, exactly? Lets get launch dates in sequence and see what real heroes of the people can accomplish...

Note that Tenebrix's pre-mine, which was the excuse for creating fairbrix and naming it fair, is still out there, so might well be available for bounties for getting Tenebrix out of the stoneage.

-MarkM-

oh man, how I wished that I could have known about bitcoin back them and bought a lot of bitcoins at very low prices. at least now I am not going to lose the opportunity any more.

In the $10-$20 range in late 2011.

At the time it was a lot harder to buy it.