Ok so i've been mining with resolution 3 for a few hours now (other X15 coin) and there is one big problem:
If lets say 10 miner push 10 MH/s we will find a block every 2 minutes .. which is okay.
If 10 miners push 10 MH/s but ONE miner pushes falsely 100 MH/s (and only gets 10 credited), "the rest" of 90 MH/s are still "processed" by the daemon thus we will find block much faster than before.
So I've got find a way to really discard that rest of 90 MH/s and don't let it come to the daemon.. Which is my problem right now..
I'll probably have to do a mixed thing between 1 & 3 and/or 2 & 3... So if a miner pushes 100 MH/s and does not go back to 10 MH/s within a reasonable time, to protect the network, he will be banned or all his shares will be rejected by the daemon.
As soon as this is fixed, we can start.. I'm testing both ways currently, lets see which one actually works.
Way to go ocminer, you're the man!
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Very impressive coin! Definitely mining, buying and promoting on twitter! I'm in it LONG TERM!! NO P&D!!
What's so impressive about it? I see no innovation.
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Anything special planned for this coin?
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Okay I was going to put up a pool for this, but this is stupid.
Lets review shall we:
1.3% premine.
149 blocks mined @ 5000 a block = 745000 coins.
Dev also forces pools to give 150 coins per block to donation address. That means the first blocks are 5000 / 150 = 3%.
The last few blocks are only worth 1000, and still he's getting 150 coins per block. Dev gets 15% at the end of all mined blocks.
So lets just say 3 + 15 / 200 = 9% + 1.3% + the instamine. We're talking over 15% of the coins are the developers.
Dedicated out.
Good luck with your coin.. Gotta stop supporting these.. this is getting insane!
Way to go Binary, class move and a great move in the right directions towards stopping these constant scams infesting our community.
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From other forum..Stop talking about revocoin here this coin is already doomed as there is one wallet already holding 3.5M coin which is around 40% of the total supply.
Is this true? Sounds like FUD to me. First off, they are probably talking about the IPO wallet. Secondly, that is nowhere near 40% of the total coins. Nice try though.
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Let's get this party started!
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Looking very bad in Shieldworld right now.
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When will the copycat scamming stop? Is this just the same person creating new scams every day?
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I don't get it. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Announced not here, 200K blocks already mined. You need our help? No, thanks.
Post was started 5 months ago. This is not a new listing.
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When POW will over?
About another day and a half.
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yup, acronym already taken
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No reason why the value of this coin isn't 5-figures...preparing for takeoff.
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This one looks be a WINNER!
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With only 2.2 million coins being created in the POW phase, the value of this coin can easily skyrocket. I see on the order books that only 3 BTC in buy orders would double the current value. Pseudo is the sleeping giant.
Right. I've done what I can without a block explorer, and the Dev seems legitimate, but the coin is on borrowed time without a block explorer and without an update from the Dev. At least one update post a day from the dev, however small it may be, while meeting all the targets outlined in the op is the very least we should be able to accept. I agree, but believe the dev will become much more active once we get out of POW.
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With only 2.2 million coins being created in the POW phase, the value of this coin can easily skyrocket. I see on the order books that only 3 BTC in buy orders would double the current value. Pseudo is the sleeping giant.
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Guys I got three Variants for Throttling to 10 MH/s:
1. Your miner gets banned for 1 min if you're hashing > 10 MH/s
2. You miner will only produce rejects/invalids if you're > 10 MH/s and you can submit valid shares again if your threshold is below 10 MH/s
3. You can mine with whatever speed you push but get only 10 MH/s paid out..
The 1st is the fairest, the 2nd puts the most stress on the servers (and you'd pay for invalids if you rent) and the 3rd is the easiest to implement..
I vote option 3. That way no one is discluded. Everyone knows the rules, so it shouldn't be an issue.
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There you have it...open and shut case.
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