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401  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER- 5% PoS Monthly- Market Stability Fund- 10 Days of Scrypt PoW Left! on: May 27, 2014, 05:09:38 PM
I'm not receiving any stakes... can you guys tell me what is going on Huh Huh thanks

Code:
unsigned int nStakeMinAge = 60 * 60 * 24;	// minimum age for coin age: 24h
unsigned int nStakeMaxAge = 60 * 60 * 24 * 30; // stake age of full weight: 30d

It can take time for you to get first stake.
402  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][BLACKCOIN 2.0] [BCX] X-11/POS FAIR LAUNCH NO PREMINE-ANONYMOUS on: May 27, 2014, 02:17:00 PM
WELCOME TO BLACKCOIN 2.0  



Oh please! Stop it!
403  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation) on: May 27, 2014, 01:58:33 PM
At beginig DRK was cheap as penny noone cares... ater 304 months thier dev hard work all cry...
you coulded bought those cheap DRK premine no premine what ever.
I was from beginig of minig and none was interesting in DRK...
Now pice up and scam... Same was with quark...
DRK bringed more than LTC itsleslf it should be higher DRK gives some part of anonymity
now price goes up and alt haters come out...
Drk should be higher priced than LTC IMO it just better faster and give some new feature annominity with it.
Rest on hype just trying follow DRK creates mixers or hate it lol...

Actually first instamine warnings were posted just a little after they hardforked the block reward.
I do agree that now the scam talks are largely escalated, but seriously you cant be supriced that they did?
Now DRK has high value and those > 3000 instamined large blocks are worth literally a fortune.
404  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation) on: May 27, 2014, 01:42:40 PM
THE FACTS ABOUT IloveAnonCoin


3. Small penis.


And you know this because you blew him.

Come on. Dont get personal and stick to the facts.
405  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER- 5% PoS Monthly- Market Stability Fund- 11 Days of Scrypt PoW Left! on: May 27, 2014, 12:07:37 PM
You people never stop to amaze me.  Cheesy
406  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] X13 BoostCoin █ First ever x13 PoW/PoS █ Exchanges █ 3.5 GH/s! on: May 27, 2014, 11:44:20 AM
This coin combines Kimoto's Gravity Well and Darkcoins Gravity Wave, based on latest Darkcoin Release as we think this
is the most efficient way at the moment as there are no GPU or ASIC miners for X13


People like fancy words. With no idea what difficulty formula does, they believe that those fancy words can keep multipools away.
In practice the outcome is exactly the same, no matter which difficulty formula coin uses. Multipools mine as long as coin is profitable.
Most gravity wave implementations actually do more harm than good since they tend not to react as fast as original simple difficulty formulas do.

Multipool switches to the coin are dependent on how fast difficulty is allowed to move. If difficulty moves very fast with hashrate rising then it results to very spiky mining graph.
If difficulty moves slower, then multipool on/off switches are slower and it results to difficulty left higher for longer time after multipool leaving the coin.
Neither option is good, but faster difficulty moving is likely a better option to choose.
Probably mid-way would be the best. I believe, digishield did this job quite nicely.


so what's your conclusion about x13?

X13 is basically the same as X11 with 2 additional algorithms. GPU miners certainly like it, since its still rare and there is no real threat for asics to come around any time soon.
X11 is so popular. It looks to be the next scrypt.  I wouldnt be supriced, if asics are already being developed for X11.
407  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] X13 BoostCoin █ First ever x13 PoW/PoS █ Exchanges █ 3.5 GH/s! on: May 27, 2014, 11:33:36 AM
This coin combines Kimoto's Gravity Well and Darkcoins Gravity Wave, based on latest Darkcoin Release as we think this
is the most efficient way at the moment as there are no GPU or ASIC miners for X13


People like fancy words. With no idea what difficulty formula does, they believe that those fancy words can keep multipools away.
In practice the outcome is exactly the same, no matter which difficulty formula coin uses. Multipools mine as long as coin is profitable.
Most gravity wave implementations actually do more harm than good since they tend not to react as fast as original simple difficulty formulas do.

Multipool switches to the coin are dependent on how fast difficulty is allowed to move. If difficulty moves very fast with hashrate rising then it results to very spiky mining graph.
If difficulty moves slower, then multipool on/off switches are slower and it results to difficulty left higher for longer time after multipool leaving the coin.
Neither option is good, but faster difficulty moving is likely a better option to choose.
Probably mid-way would be the best. I believe, digishield did this job quite nicely.
408  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER- 5% PoS Monthly- Market Stability Fund- 14 Days of Scrypt PoW Left! on: May 26, 2014, 01:36:07 PM
Block reward is 72.5 coins per block for the first 40320 blocks ~ 2 weeks.

This means 2 923 200 coins ~ 3 million will be mined by miners (on top of the premine) in the PoW stage which is now.

Previous post is factually incorrect regarding pretty much all points.

PoS blocks are also on the same chain you dumbass.  Cheesy
You have no idea what you are doing, do you?

Just take a look at the MintCoin or another clone source from same development tree.
I just copy-pasted pieces from your source code. Those are simple facts, not arguments for discussion.
409  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER- 5% PoS Monthly- Market Stability Fund- 14 Days of Scrypt PoW Left! on: May 26, 2014, 01:19:52 PM
In regards to the premine concerns:

- The premine is 2.5% of the total coins which will be in circulation in 10 years - 60 000 000 coins - this is when HYPER moves to PoS phase 3 which is 2% annual interest, calculated and compounding daily.

Nice try but the fact is in 2 weeks you will have over 33% of the coins in circulation.  Now I know a lot of those are going to be spent. I happened to find a compounding interest calculator online and it tells me that in 5 years (not 10), 1.5 million coins x 60% per year compounded daily = 30,054,189 coins.  That is an average earn from PoS of (30,054,189 - 1,500,000 = 28,554,189 / 1826 days) = 15,637 coins per day.

Lets say you blow 1/2 on giveaways.  Still leaves you nearly 8,000 coins per day.  Wish I'd thought of it Smiley



Shall we get your facts straight? OK, here we go:

Code:
nSubsidy = 72.5 * COIN;
Code:
unsigned int nStakeTargetSpacing = 30;
   
Do not be fooled by the integer name. That means total target spacing is 30s. Not PoW or not PoS but PoW+PoS.
In practice it leads roughly to 1200-1500 PoW blocks per day. Lets say that we have ideal conditions and we get 1440 PoW blocks per day. First day, there are no stake blocks anyway.

Lets now calculate how many coins we get within 24 hours. 1440 * 72.5 = 104 400. And how many it is for 2 weeks? 104 400 * 14 = 1 461 600 COINs.
Lets now review the total number of COINs.
Code:
static const int64 MAX_MONEY = 60 000 000 * COIN;
Yes. Its 60 millions.
How much is 1.46M from 60M? Lets see. 1.46/60*100. Oh, its only 2.436% Lets add a little more and say that 1.5M will be mined.

Lets now see how much the dev premined.

Code:
 if(nHeight == 1)
    {
        nSubsidy = 1 500 000 * COIN;

So total subsidy after 2 weeks will be around the premine of  1.5M + mined 1.5M = 3M. And Dev will control about 50% of total subsidy after mining period has ended.

Now about staking.

Code:
unsigned int nStakeMinAge = 60 * 60 * 24;	// minimum age for coin age: 24h
unsigned int nStakeMaxAge = 60 * 60 * 24 * 30; // stake age of full weight: 30d

Can a miner really hope to get daily stakes? Good luck with that.

Im not going to comment on compounding interests. I just say that your numbers are bit wrong.
The only wallet which will seriously benefit from compounding interest is indeed the devs wallet.

Happy mining. Smiley
410  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Dreamcoin Revival 100% Proof Of Stake 15% Stake Rate on: May 26, 2014, 12:41:11 PM
Dev, I setup the block explorer and rich list for the original dev. PM to discuss.

Very interested in the rich list.

And what exactly you are looking to find from richlist? I could give you a little hint. Big (and smart) whales do not have only one account.  Wink
Richlist is pure BS. Nothing more, nothing less.
411  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Alt coin to invest in 2014 on: May 26, 2014, 07:20:46 AM
Can somebody explain in simple terms why litecoin's marketcap is above darkcoin?!?  Makes no sense to me.

Makes no sense to me either.. However that issue with quickly be resolved soon .

The answer is simple. Litecoin has more value because its widely spread and has good usability as payment instrument.
DRK is still just a big hype for now. It needs time to mature.
Besides, Darkcoin and darksend has its flaws and drawbacks which may lead in to its death some day.
412  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Dreamcoin [DRM] - X11 - PoW/PoS on: May 26, 2014, 06:44:08 AM
You have some wonderful ideas but the problem is that your community is the size of 10 (or so). Most miners abandoned DRM.
Im just facing the facts here. I do feel bad for those who got screwed over by original dev and lost some money and time. Hopefully they learned a lesson.
Theres not much you can do. If you have some good coding skills and new ideas, then perhaps you could lure some new people in to DRM, but pretty story and pictures dont really cut it anymore.
There are simply too many coins out there. Soon every bct member has its own coin, lol.
413  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER- 5% PoS Monthly- Market Stability Fund- 14 Days of Scrypt PoW Left! on: May 26, 2014, 06:32:39 AM
The net hash is way down... Either I'm going to make a lot of profit when this coin hits exchanges, or it's dead and gone and I should switch my rigs. It's a shame the dev logged out right before the 1.5 million premine was discovered so he hasn't been around to defend himself. The OP does look really good so I still have hope. Smiley


OP is a big mess with clearly false facts represented.
Which part of the OP exactly looks good to you? 
414  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Stealthcoin ⓞ X11 ⓞ on: May 25, 2014, 06:53:23 PM
Yeah, it was saying 500M. He changed it

Guess 80M are better, lol

LoL. Thats the first big mistake done by dev. Clear indication that he doesnt even know how to serve hes/her coin.
415  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation) on: May 25, 2014, 05:56:50 PM
You seemed to forget that attacking users won't get your really far. So you are against the freedom of directly copying other sources ? Where do you live in ? You seemed to forget that even NXT is open source now and there were still no real copy of it. Its not always someone wants to steal your idea.

Yeah well DRK has a precedent (X11, DGW) with like 30 coins, and some are bashing it because they want to clone darksend.

After using it / cloning it they will shit on Evan for being a "scammer" or a "useless dev" due to the launch so that they can promote how they are better with Evan's code but without "his 2mn darks" (which is the narative propagated through out-of-context quotes). This is SCAM MENTALITY by useless parasites.

Ouch. You must be holding a lot for defending this coin so eagerly.
Lets put all speculation a side and lets state the pure facts:



THE FACTS ABOUT DARK COIN

1. released without windows QT so that only dev and pals could mine it.

2. Instamined harder than any other coin out there  12.5% of the current minting was mined in the first day

3. Later they decided to cut the minting by 75% to turn their 12.5% instamine with no windows QT into 50% instamine in 24hours - nice hey


yes that is correct they mined 50% of all the coins available at this time by themselves in the first 24 hours whilst windows users could not mine.


That is the facts.... doesn't matter what else they say... nothing can change what they have done.

Once zero coin, or bytecoin with a decent wallet it released or another darkcoin clone is released.... dark coin will sink like a stone.



Every time they try to spam their coin just post this to remind them of the facts about their coin.

Everyone has the right for an opinion. Let them decide themselves.
416  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Stealthcoin ⓞ X11 ⓞ Anonymous ⓞ on: May 25, 2014, 05:50:55 PM
Nice name....watching.  But at 500 Million isn't it too many?

In my opinion 500 Million is too many.

Coin count doesnt mean anything. Dont be so simpleminded!

Wrong!

Allright. Suggest you to go mine 42. You will be thrilled.
I will be happy with 500M or 50B. MAX_COINS doesnt make any difference to me when dev is honest and professional.


The difference is that if there are way too many coins... you might not even reach 1 Satoshi.. .that means you will end up being confined into the LTC exchange... most likely forever.  eg.  DOJE.  

500M is not that many. It will easily go over 10 sat even in the very beginning.
Cant claim anything relying solely on MAX_COINS. There are many variables. Mining window, POS stake and many many more.
417  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Stealthcoin ⓞ X11 ⓞ Anonymous ⓞ on: May 25, 2014, 05:32:16 PM
Nice name....watching.  But at 500 Million isn't it too many?

In my opinion 500 Million is too many.

Coin count doesnt mean anything. Dont be so simpleminded!

Wrong!

Allright. Suggest you to go mine 42. You will be thrilled.
I will be happy with 500M or 50B. MAX_COINS doesnt make any difference to me when dev is honest and professional.
418  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Stealthcoin ⓞ X11 ⓞ Anonymous ⓞ on: May 25, 2014, 05:17:14 PM
Nice name....watching.  But at 500 Million isn't it too many?

In my opinion 500 Million is too many.

Coin count doesnt mean anything. Dont be so simpleminded!
419  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Dreamcoin [DRM] - X11 - PoW/PoS on: May 25, 2014, 05:10:44 PM
Gotta love trolls  Roll Eyes

Referring to my post? Hmm, lets see...

http://en.wikipedia.org/wiki/Troll_(Internet)

Indeed. I apologize.  So badly wanted to tell you that: "I told you so!"
420  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Dreamcoin [DRM] - X11 - PoW/PoS on: May 25, 2014, 05:00:09 PM
Oh look, a new Dreamcoin topic. Why im not surprised?
Dev screwed you over?  Cant say that i did not warn about this. It was rather obvious from day 1.
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