I sent a pm to dedicatedpool.
maybe they add a coin...
It needs an exchange now like bittrex It Started just like an hour ago.. Maybe a bit early... +1 we need some coins before we hit the exchanges
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The DEV Says
Block Reward Structure: First 200 Blocks are 5 TECH per Block (This will help with fair distribution) Next 800 Blocks are 10 TECH per Block Next 1500 Blocks are SUPER BLOCKS for 100 TECH per Block Next 2500 Blocks are 10 TECH per Block But the source
int64_t nSubsidy = 10 * COIN; if(pindexBest->nHeight < 3) { nSubsidy = 1000 * COIN; } else if(pindexBest->nHeight < 200) { nSubsidy = 5 * COIN; } else if(pindexBest->nHeight < 1000) { nSubsidy = 10 * COIN; } else if(pindexBest->nHeight < 2500) { nSubsidy = 100 * COIN; } else if(pindexBest->nHeight < 5000) { nSubsidy = 10 * COIN; } pool.mn find the 201. blocks and there is 10 coins: 201 69 left anonymous 24/06/2014 14:48:16 76.8538 10.00 19,675 14,024 71.28
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1%-1.5% premine.
What are you going to do with this premine dev?
Dump it on BTC buy orders as soon as this thing hits an exchange?
9/10 devs who premine do this. Give me a fucking good reason why you are not going to do this.
The premine will be going towards future development. Bounties will be coming as well, Community give your ideas! It would be pointless to dump the 1%-1.5% when it could be partially used for bounties and future development; causing Techcoin to become more valueable. Dev you must to find out something new spec for this coin, and it can be sucessfull coin. Any plans to Bittrex? Yes Bittrex has been contacted. Yes, community ideas and suggestions would be of great help. There is a list of plans for Techcoin in the OP under Coming Soon, They will be done in that order, unless something else of more importance comes up. Set bounties for: Logo Exchanges Block Explorer (very important) Rich list (very important) games translations
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The DEV Says
Block Reward Structure: First 200 Blocks are 5 TECH per Block (This will help with fair distribution) Next 800 Blocks are 10 TECH per Block Next 1500 Blocks are SUPER BLOCKS for 100 TECH per Block Next 2500 Blocks are 10 TECH per Block But the source
int64_t nSubsidy = 10 * COIN; if(pindexBest->nHeight < 3) { nSubsidy = 1000 * COIN; } else if(pindexBest->nHeight < 200) { nSubsidy = 5 * COIN; } else if(pindexBest->nHeight < 1000) { nSubsidy = 10 * COIN; } else if(pindexBest->nHeight < 2500) { nSubsidy = 100 * COIN; } else if(pindexBest->nHeight < 5000) { nSubsidy = 10 * COIN; } The first 3 blocks are the premine. What point are you trying to make?
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finally, a coin which looks legit. Im in!
What is so good about this coin? Premine + ninja - seems like a China shitcoin to me We are based in the United States. Premine is for future development/marketing/bounties. Ninja launch makes a more fair distribution. (Low beginning block reward to prevent an instamine) Good that you are not from China, I already like your coin. So you make ninja launch for fair distribution but then make block reward small to avoid instamine - isn't this contradictory? Thank you =} Yes, I do not see it as contradictory, due to the fact that the low block reward doesn't necessarily "prevent an instamine", but it lowers the incentive to try to instamine and gives everyone a fair start while the coin gets on pools (which it has already). Yes, I want to get in contact with some different technology related companies to offer Techcoin as a merchant payment processing solution, this will go with our Web Wallet that is in very early alpha development. A shopping cart system with an API and SCI would be crucial. The max coins is just an estimate, the max coin in the code is different from the actual max by the end of PoW. I had calculated ~216,500, others may come up with different estimates, there is no real way to tell until PoW is over, but it seems the max will be in that rough estimate of 200k. Max PoW coins are 184k and 3k premine means that this is around 1.6% premine and not 1% as advertised ? yes, and you can see how the dev made the mistake. You might want to update the OP dev.
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int64_t nSubsidy = 10 * COIN; if(pindexBest->nHeight < 3) { nSubsidy = 1000 * COIN; } else if(pindexBest->nHeight < 200) { nSubsidy = 5 * COIN; } else if(pindexBest->nHeight < 1000) { nSubsidy = 10 * COIN; } else if(pindexBest->nHeight < 2500) { nSubsidy = 100 * COIN; } else if(pindexBest->nHeight < 5000) { nSubsidy = 10 * COIN; } Premine 3000 COIN 1.5% !!!!! Maxcoins is 300000 the op does say ~216,000 coins (200*5)+(10*800)+(1500*100)+(2500*10) = 184000 So maxcoins are 300 000, 216 000 or 184 000? That is POW coins mate. This is a POW/POS coin. Total coins is 300000 However 3000 coins premine during pow phase, so 1.6% premine total
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int64_t nSubsidy = 10 * COIN; if(pindexBest->nHeight < 3) { nSubsidy = 1000 * COIN; } else if(pindexBest->nHeight < 200) { nSubsidy = 5 * COIN; } else if(pindexBest->nHeight < 1000) { nSubsidy = 10 * COIN; } else if(pindexBest->nHeight < 2500) { nSubsidy = 100 * COIN; } else if(pindexBest->nHeight < 5000) { nSubsidy = 10 * COIN; } Premine 3000 COIN 1.5% !!!!! Maxcoins is 300000 the op does say ~216,000 coins
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Any plans? Anon or something?
Anon would be nice. I will look into this. So far the coming soon list on the OP is our current plans in order. Anon isn't a big deal. Stick to your list. focus on the coins niche and not what everyone else is doing.
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finally, a coin which looks legit. Im in!
What is so good about this coin? Premine + ninja - seems like a China shitcoin to me Clean code. low reward for first blocks. Small, but fair pre-mine. No hidden premine (from what I can see)
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finally, a coin which looks legit. Im in!
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What happened for price ?
I wish I could answer this. All news surrounding razor has been good. Also Kore and Veil have been basically exposed as scams which should strengthen razors position. If I was to take a guess I might say someone is pushing down the price to buy more. Maybe a nice pump on the way. agree ! fuck it, im buying. Price is too good to refuse. I hope im correct
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What happened for price ?
I wish I could answer this. All news surrounding razor has been good. Also Kore and Veil have been basically exposed as scams which should strengthen razors position. If I was to take a guess I might say someone is pushing down the price to buy more. Maybe a nice pump on the way.
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Okay guys/gals, sorry to say but the devs based on my research have been very dishonest. I have done the block chain analysis and sent the devs an message and they have ignored my PMs. All of the pre-mine has been used for compensating early miners from the forking problems we had (have been fixed) all development is coming out of our own pockets as we believe in KORE and want it to succeed! If you wish to donate to help fund/speed up further development please donate to only the below addresses. Please note that this is not mandatory nor necessary as KORE will still be developed regardless. <snip> * Premine: Dedicated to compensating Miners. This is a lie, at the time of my PM to the dev a couple of days ago (22nd) once I had done the block chain analysis dev still had 82,000 KORE under one wallet. Yet he has been claiming they have paid all premine and paying out of their pockets since the 20th/21st. They have since moved half to another wallet and further split it down over the last day or so (10k here and 5k elsewhere). Address in question is here : http://kore.blockexplorer.cc/address/KTADvJ2hYWu2TnWFDHSC13ijDQWMnR43sL (this was the original wallet holding 82k) They then moved 40k+ to this wallet : http://kore.blockexplorer.cc/address/KDtuAtUd1YNfwYkFkP2n1XSTwsdCj3qNNH (I have enabled full index on the explorer so it is visible). Between those two wallets is over 70k KORE. I am sorry to say guys but these guys are nothing but dishonest and outright lied and are now ignoring people (they still owe me money for the explorer). I am going to leave the explorer online so the community can make its own decision. I am sorry to break the bad news. 70K Kore is only 6 BTC at present. I hold 10k Kore. Thats not a big deal. You make it sound like he is hoarding a fortune. Just because his wallet has 40k Korecoins in it means nothing. I bought 10k for 1 btc. The Dev has a deadline. Let him get to the deadline then make up your mind about whether this coin is a scam or not. If he comes through, it's not a scam. Relax. The premine was spread over several wallets. Its hard to track but I believe it is well over 70K. I mentioned the first wallet in this thread about the same time the dev went silent. Anyway GL all, I hope for your sake the dev returns
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lol, bag holders trying to pump price.
Just give in guys, just give in.
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scammers are out in force ATM. people need to be very careful and check out source before entering into a coin. Is there anyone in the community willing to write a guide on what to look for in a wallet code?
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What has happened to the dev? for someone who was very active after launch he is being very quite atm? do you think he is working on anon wallet?
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any updates on the e-betting development? i hope dev gives us the future plan or whitepaper as they may said. timeline of each of the projects.
We are developing e-sports betting system right now. It should be possible to show first prototype in a couple of days, stay tuned. Didn't really bothered with a whitepaper since its not that long till the actual product comes out in the battle between product and whitepaper, product always wins ;p so basically minerals will be at 10k in 2 days? lol Not sure about 2 days... more likely in 5 days betting will be ready for public testing Great to hear dev, and thanks for the update
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I am going to change to 100% Premine if I can find an exchange to take the 0.5 BTC Risk. The exchange gets the entire amount minus the bounties paid out.
This will require 100% trust in the coin to pull off.
I found an exchange that will host but... Cap.... Need a vote. Can you explain the idea behind the 100% pre-mine? Did I miss something?
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good coin,in top of mintpal
Yep, next Monday should be our day provided there isnt any significant movement by Boost of Minerals. Keep voting to ensure we stay at the top!
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