I'm down for a few shares, Jr Member status makes me worry though.
You can use escrow if you want. This isn't a "shipping product" type of sale. It's all done through PMs. Yeah I know, I have a couple shares already, just a logical concern. If we can escrow or something, I'm in. |
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I'm down for a few shares, Jr Member status makes me worry though.
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very interested? is this confirmed with friedcat, they will part out individual shares?
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bunch of fake accounts..;
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signed
The coin has nice features
such as? |
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How far along in the development are you guys? Looking forward to this, but joining folding@home work units with coin mining is not going to be easy! Best of luck!  |
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The solution is going to be in distributed blockchain storage, not distribution. Somehow where we can have maxcopies=10000 and have everyone store a tiny bit of the chain, sort of like a big RAID-5 with tons of copies out there, but it doesn't become an epidemic where there are 1 million people with 1TB hdds full of transactions.. if we all had a tiny part of it, then it could grow to the petabytes.
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It's going to affect CoinURL.com... we would no longer be able to pay out small satoshi payouts like we normally do.. but I suppose raising the minimum withdrawal is sort of an answer.. that is forced upon us.. |
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I fully agree with this post!
but note we are in the process of psuedo banning 54uBit transactions
thus 1mBit = new, then nothing less than 54/1000 of this can be spent.
so by comparison, my 5 cents are worthless/unusable in my 100$ notes
so the sell will be you can but you can spend this portion of it "war?"
although I accept some shops stop accepting low denomination coins as well unreal life
+1 We can't aim to go down into the decimal places like we used to. When BTC price climbs to reality, "worldwide adoption", soon the $5 notes in your wallet are useless too. |
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1 minute block targets you mean 1 millisecond.
subsidy halves in 1037k blocks (~2 years) you mean 2 minutes, since all the coins were mined instantly.
~107 million total coins
1% chance to get a 3x superblock
0.01% chance to get a 1000 coin super rare block which are already all found.
difficulty retargets once per day
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FAIL
PLEASE DONT PUT IT ON BTC-E!
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you realize the devs can just wipe testnet clean and the coins have no value at all?
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launching a coin by "accidental information" by another "innocent" member, and it's already premined to hell = why did you waste your time. instant scamcoin label. at least you gave us a head's up on this one, yet it wasn't even publicly released at all and there is no windows binary?
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Whats on it? I don't trust outbound links  It's real. |
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some men just want to watch the world burn. i'm so glad this isn't a thing.
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Why are we even discussing mincoin? Check first day block reward and diff and you have to be a lunatic to ever touch that shit. Block reward goes from 100/block to 2/block in 3 days ha ha.. 'Developer' (and I am using the term loosely) must have been smoking fucking Meth when he threw that piece of dung out on the forum.
Yeah but look how much meth money he has now by selling his failcoins on noobs? |
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Thanks you !  You're welcome Use the files2 mirror it's our uber fast server. |
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Your node (node here refers to full node i.e. running bitcoin-qt client or bitcoind) has connections with multiple clients. When your node learns of a new tx (including one you create) it relays it to all the peers it is connected to. Those peers verify the tx and relay it to all peers they know, who do the same.
All nodes all new unconfirmed tx to the memory pool which is just a list of tx the node "knows about". Miners (in case of pool mining it is the pool actually doing the mining) use their copy of the memory pool to decide which tx to include in the next block they are working on.
When a miner broadcasts a block the same process happens at the block level. The node relays the block to all its peers who verify the block and relays it on.
When your node confirms that a new block extends the longest chain it removes all the tx from the memory pool (as they are now unconfirmed). If a new block orphans an existing block your node will add back any tx from the orphaned block to the memory pool and then remove any tx from the memory pool in the new block.
TL/DR: all nodes maintain a list of unconfirmed tx and relay them to another nodes.
Node learns of a new tx - add to memory pool
Node learns of a new block on longest chain - remove tx in block from memory pool
Node leans an existing block on the longest chain has been orphaned - add orphaned block's tx back to memory pool
If it's adding unconfirmed tx's to the memory pool, couldn't a person attack via this way? Everyone adds all the BS spam tx's and it overloads? |
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Make it fast like CNC is (1 min or under for first confirm) be available for support. Make starting difficulty relatively low but not insane (don't let people mine 50% of the max coin in the first day. More like 10-15%) set up a few pools before hand or offer bounty's to get them put up b4 the coin is launched. It has to be scrypt, or a new crypto if your up to it. Offer bounty's ahead of time to get exchanges to add it first day. This reduces build up and sudden drops after the exchange picks up the coin. Do these things and your coin will thrive. I'm not a very good programmer, I know some java and visual basic. About enough to get myself in trouble. lol But what I do have is good ideas  Hit me up on skype (same name) if you want to bounce ideas off me. Fast =/= Better. There is a reason they chose 10 minute blocks for Bitcoin. It gives enough time for the network to download all the blocks to keep caught up. |
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