I disagree. In its first two years of existence, bitcoin had two major boom/bust cycles. From July 2011 to January 2012, btc went from over 14k tx/day to about 4.8k (a 65% drop), and from 57k tx/day in July 2012 back down to 17k tx/day at the end of 2012 (a 70% drop).

I do see that the boom bust cycles in ltc tx/day are a bit more pronounced - from 13k down to 2.5k tx/day (an 80% drop) and from 19.5k down to 4k (also about 80% drop) - but I think the amount of competition has to be taken into account as well. By the time litecoin was going into the boom bust cycles it had a lot more competition than btc at its same moment in history, so I think it makes sense that the swings would be a bit more dramatic.

I guess I just don't see a major difference between a 70% drop and an 80% drop, considering the circumstances of litecoin having more alternatives for people to move to (ftc, qrk, etc.) .

I think this may be a little misleading. If you look at both coins over their entire history, you can see they have similar ups and downs in terms of number of transactions per unit time.

Dev just reappeared in #parallaxcoin a couple few weeks ago. I thought he said he was gonna fix all broken dl links. I'll bug him about it now...

AlarcI might be newbie here, but he's active on reddit and IRC. He also runs the Vertcoin Athlete site here:
http://vertcoinathlete.com/

Not just any Turkish hack people:


Don't really sound like the most terrible terrorists in the world though:

Forging/forgery, like forging checks or other financial documents, is typically a felonious offense. Afaik there is no such illegal type connotations with mining (at least before the rise of botnets, but that is a stretch).

lol why are the hats gay? also, keep us posted on when there's a site to order on!

So, I guess this is why Monocle was a good idea, hopefully things go much smoother when vert does hardfork to change algo. This fork has been a debacle. Why oh why didn't I dump my few thousand exe at 40k satoshi on last pump?

It never occurred to me until this whole fiasco how "forging" can also have connotations of illicit activity, and not only refer to forging steel or something (which I think is the intended meaning). If all the forgers agree on a new fiction, then it shall be a reality, or something

Not sure who Vertan the Great is, but seems like he is quite wise. Grok grok.

fail before you creep?

nice birdonwheels! will definitely keep hashing at birdspool 

Just wanted to come by and say congrats! You guys reached the top post on the front page of /r/cryptocurrency on reddit:  



Maybe when people are asking legitimate questions you should treat them as such instead of calling people trolls, idiots, and FUDders. If you want to be treated like a professional, you should act like one (i.e. don't hide pertininent information from your main webpages and then name-call people who ask about it).

Someone should fork this coin, remove the dev fee, and call it Free Communication Coin (FCC). 

Couldn't have said it better myself, but I gave it a shot over at /r/cryptocurrency on reddit anyway. Thanks for taking the time to answer my concerns about not having the dev fee listed anywhere on the first post or on the homepage...oh wait, that's right, you just called me an idiot and a troll.

Why don't you have it on the first page of this ANN thread, you know, the thread that you do have control over? Or why don't you put it on the homepage? I guess I found TAC after you switched to this thread, so I wasn't aware of this at all.

Also, thanks for calling me an idiot, you fucking scammer. I'm dumping what I got and I'm done with this purple shit.

Derp. Sorry. Good point.

Would be harder to mix up if dev would just put wallet and description of how it works on first page.

Here is relevant info from dev wallet:



So you're correct, dev has *only* collected a little over 500k TAC, or just over 6% of total coins in existence. This is still something that needs to be mentioned on the first page and home page.

There's still nothing on the ANN page or the home page about it. Dev has taken 25% of all coins in existence and it's not even worth mentioning in one sentence on the first page?

lol...right on keep scamming then

Allow me to explain.

There's nothing on the ANN page or home page regarding dev donations. If you look at the block explorers, you can see that this is the dev's address: TgD7ERrggBPezx6JPP2bpWjAFQW1rafzCn.

So far there's been 8.06M TAC coins mined. Of those ~8M more than 1.8M coins have gone to the dev's address (dev's address is top one on richlist here: http://talk.cryptocoinunion.com/ ). This is nearly 25% of all coins in existence.

So, there's nothing explaining about dev fees on the home page or the ANN page, and yet the dev has basically taken (effectively) a premine of almost 25%.

Seems legit... /s

I don't think 3% of every block reward is totally unreasonable, however, I do believe it should be clearly stated on the coin's ann page or home page, which it isn't in this case. I do think 30% of every block reward is unreasonable, and I just found out about this today, after holding and mining some tac and following thread for some time.

As to your other point:

That would seem to be largely at odds with the most successful coins in the world, that includes not only btc and ltc, but newer coins such as monero and cryptonite.

I'm not mad. I'm not holding enough to get worked up about it. I just think it's being less than upfront to not make it more clear that the devs get 3% (or previously much more) of all coins generated. It's totally absent from the first ANN page and the homepage. How are people supposed to know?