Before someone asks, changing/fixing it now would result in a hard fork between the updated and original nodes. It also makes the owner's premine more like 3% (2.2 mil / (14726880 blocks * 49 ea + 2.2 mil).
Oh the programmer was just following orders maybe... "sneak in my 3% but make it look like a bug, okay?" ... "okay boss, that'll be another five hundred millirupees, please" ... "no problem, and look, I am feeling generous so I'll thrown in five hundred millidevcoins as a tip, just keep it on the Q.T., okay?" -MarkM- |
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Is it even only connecting to its own clients, or is its magic bytes handshake actually that of some other chain entirely, so that some longer-established coin can overwrite its chain?
(Well first, I guess, does it even have a genesis block of its own or is it using some other chain's?)
-MarkM-
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On a fresh install of Ubuntu 12.04 Linux with all libraries installed to default locations, you shouldn't need to change anything in the makefile.unix it builds up properly for me. Let me know what libraries you have installed? Yep transactions are coming threw now just fine for me....Seems like we just hit block 650  Difficulty is now changed. makefile.unix works fine, qmake then make in top level directory gives the errors It doesn't use qmake-qt4 ? Or is your default qmake qt4? -MarkM- |
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Yeah but rolling the dice then ignoring the result, instead over-writing the special reward with the normal by block height reward is a new twist, the lucky block that will never happen, cute. I guess he didn't get that second programmer to look at the code eh, or it was as skillful a programmer as he is economist.
-MarkM-
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Well I've already got like 400k of these, but I'm getting so many I feel like I'm on my own chain...
I bet you are... I have some that seem to be sticking around now though at least They're all confirmed, and in the balance. I'm not talking about the immature numbers. My QT also has the checkmark that I'm caught up, but I don't know...I'm at almost a million now You probably have lots of hashing power compared to anyone else wasting electricity on this pile of crap. -MarkM- |
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Yea I noticed certain transactions aren't going threw for me...If I am logically correct by the time the difficulty changes things will start working properly? Unless there is a quicker fix for this?
Most launches by the time difficulty adjusts its far far too late, some massive chunk of all the coins ever have already been pre-mined by the instaminer method leaving the whole chain just another totally scammy obvious pump and dump scrapcoin. Basically you can tell the scammers by their insistence on not setting a reasonable starting difficulty even if they don't build in shit-tons of free coins for them and their insider buddies aka "early (as in first few minutes or less than a day anyway) adopter" co-conspirators by hard coding arbitrary special early block rewards. -MarkM- |
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Dunno, works for me. Typo in entering password in miner maybe?
-MarkM-
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My balance keeps resetting while mining? Lost around 20k now :/
Orphan chains longer than maturity time by the sound of it, how many blocks do mined coins take to mature? Basically a huge miner can come along any time and mine the whole chain from scratch making the whole thing one stream of orphans unless already some huge miner is taking all the blocks orphaning all the small people one block at a time. Either way it is orphans all the way down. -MarkM- |
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It will be zero, as initialised, or 10045, if a lucky block.
-MarkM-
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They'll be racking up endless streams of orphans while you or whoever else is in the insiders low-latency loop gets all the actual blocks.
its basically just a scammy way of pretending a pre-mine isn't a pre-mine. Graph later what fraction of coins were created in first second, minute, hour, etc and what percent of the first year's coins will already be gone by the end of the first day?
-MarkM-
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No thanks its an instamine, not worth wasting hashes on.
-MarkM-
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Can we pre-order pre-mined coins?
-MarkM-
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What is the initial difficulty?
-MarkM-
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With bitcoins themselves going for less than half price lately selling primecoins at cheap-in-bitcoins rates seems more than doubly silly.  Unless maybe the thinking is hey, bitcoins for less than half price, what the heck maybe I'll sell my primecoins at less than half price for some of those cheap bitcoins, its a wash... ? -MarkM- |
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I like it's been over an hour now and we are on block 42 - Looks like it was well worth the money you spent to have this coin made for you
Shouldn't we be at a higher block if it is 70 second target time? 3600/70 = 51 ? Slackers are sitting back not mining it waiting for rewarding blocks before starting their instamining, maybe? (Maybe even hoping difficulty will drop by then?) -MarkM- |
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How about four cores of two threads each, 16 gigs of RAM, for less than $400 per year? Dedicated actual hardware not VPS. Unlimited bandwidth. 1 TB hard disk. (Yes, I get affiliate commission. ) -MarkM- |
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Don't forget superblocks aka lucky blocks aka golden blocks! They are all the rage these days, have been since way back when!
Or are you going for a "welcome relief from such over-used gimmicks" cachet?
-MarkM-
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So what is the reward after the first ten blocks? Did that quote earlier leave out some clauses?
-MarkM-
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