what's the working host:port?
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how easy is it to create your own coin
its really really hard... hence y we have not seen many new coin releases in the last few months.... I have to say hats off to all the tech savy people who were here 5+months ago that did not just flood the market with these copycoins... certain people should be ashamed of themselves.... you know who u are... I not saying altcoins are all bad... but come on... do some real dev work like Sunny King has done, or stop releasing other peoples hard work claiming it to be urs I think the ideas behind this coin are good or at least good enough to be tested, but as usual the implementation and the launch has been a nightmare. Who cares if we get segmentation fault at every diff change or if the dev has no idea how to compile on windows. He wrote he is not going to mine anyway. Seriously, why do they rush on release a coin and on top of that with diff .00000000000000002 . I start to think they must do this on purpose but without premine I can't see any benefit for anybody.
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1 coin per block? I hope it will be like bitbar, 1elc=1btc for sure! stop wasting your time on this shit.
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WTF reward still 1 coin!
Edit: Well, maybe it was incremented by 1 because an easy diff block was confirmed???
Rewards are rounded to the nearest integer. Difficulty will have to be 24 before the reward goes to 2. diff 24? I guess this coin will be already dead by then 92/92 orphans, gratz
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Checkpoint added at #2500.
you are ridicolous.
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{ "version" : 60300, "protocolversion" : 60001, "walletversion" : 60000, "balance" : 0.00000000, "blocks" : 2525, "connections" : 18, "proxy" : "", "difficulty" : 0.00038617, "testnet" : false, "keypoololdest" : 1368519091, "keypoolsize" : 101, "paytxfee" : 0.00000000, "mininput" : 0.00010000, "errors" : "" } 70/70 orphans, OP is not so clever as he thinks he is
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57/57 orphans, thank you for setting diff to 0
EDIT: 59/59 while writing
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linux client crashing? ahahah never seen this shit with any of the dumpcoins
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I'll compile the windows client and put it up here..
Nothing against you, but people here are pretty paranoid about third party compiled wallets I know.. Thats the weird thing.. If OP puts it on, no problem.. If I put it on wooooooooooo, anyways, im on linux.. Just a courtesy on my end.. I would totally like if if you compiled Win Binary. I can scan it and run it in a VM so, I don't care. Would just be a nice service. you run in a VM, so why don't you run linux? is it so difficult to run qmake make instead of using windows? hopeless
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Devianttwo, pool is so messy I can't even understand what's the right host:port. Could you please clarify?
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49 minutes till launch? year : 2013, // The target date's year (optional) month : 5, // The target date's month (optional) day : 14, // The target date's day (optional) hour : 2, // The target date's hour (optional) ampm : "am", // Is the hour refeing to AM (early/day) or PM (late/night)? minute : 0, // The target date's minutes (optional) second : 0, // The target date's seconds (optional)
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real value hasn't changed much really
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It allows most of the coins to be generated years or even decades later after (hopefully) the coin has gone mainstream, rather than being too concentrated in the hands of people who join in the early years. At the same time, it still gives early adopters pretty good reward to kickstart the system.
"The reward is halved every nine months to preserve the coin's value." I think Elasticity tries to reduce the effect but it's not 100% effective
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you cant atm...
yac uses scrypt-jane, and is/was designed to be cpu mined only..
If you could, it would be the end of yac, as its core ethos would be pointless
do you realise that this doesn't make sense?
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Bitcoin may be still be great for a store of value, but Elacoin would be better for getting everyone in. People who are new to cryptocurrencies can still mine it, and merchants will be happy to accept it because people will want to spend Elacoin. The inflation is also limited by the halving every 9 months (it's not a sudden jump through, it's a smooth decrease). Let's say you start with 100kh/s, 1 coin per block, only 1 person, 1 coin/person per blockAt block 50 you reach 200kh/s, 1.5 cons per block, shared by 2 persons, 0.75 coin/person per blockAt block 100 you reach 500kh/s, 2.5 coins per block, shared by 5 persons, 0.5 coin/person per blockSo: - I understand that hashpower:reward is not linear, so early adopters will still get an higher reward - How this is going to fight inflation? - Don't you think that people will fight inflation converting elacoin to bitcoin/litecoin until there are some merchants? - And how long do you think it will take to make this happen? See litecoin Maybe it's a good idea, maybe not, who knows, see you in a few hours EDIT: Also, could you explain how you are going to control diff and value using Moore's law which doesn't consider it. Thanks
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Lol. at .00001 YAC is profitable to mine for a lot of people. Remove electric and server costs (and thief's and botnets) and there is likely a population with access to cputime with $0 cost. I know a lot of call centers with hundreds of low power seldom used PC's. If each gets 10Khash and the electric is included in rent, a system admin could easily work out a profit sharing deal to use the PC's on off hours. Even at $1 a month once automated it's profitable.
Do you seriously lose time for $1 a month?
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