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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][DOPE] DopeCoin - A crypto for the black market. Launching soon on: January 30, 2014, 07:30:49 AM
DopeCoin: For when you want everyone you do business with to know you're a drug user.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PEC] PeaceCoin! - 0.5% Premine ---- Released! on: January 30, 2014, 06:59:15 AM
Don't fret if there are some serious problems with this launch guys! This is PeaceCoin! With it will come peace and harmony to the world. Hurrah for high powered GPUs, now the world is saved!
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Introducing the FreeStatecoin: A coin for the Free State Project on: January 30, 2014, 06:22:10 AM
It's a straight Bitcoin clone, specifically to promote the Free State Project in New Hampshire.  This isn't a coin meant to be the next pump and dump.  For what we needed, Coingen saved us a ton of work and time for a decent price.



If its just a straight clone then why should anyone use it? Why not just use bitcoin that is already established and accepted by a lot of companies rather than your Free State clone-coin that offers nothing new and isn't of value anywhere?

From your page: "Will the Free State Project find a use for this coin? That is to be determined, but we feel the FSP is important enough to have its own coin." I think it is fair to say you're the only one that thinks that.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SWAG] IT'S ALL ABOUT THE SWAG! DO YOU HAVE IT? LAUNCHED on: January 30, 2014, 06:05:25 AM

It says "And if you drop it like its hot in the first 2 days you get extra SWAG, first day pays out 3600 SWAG per block, day two pays out 2700 SWAG per block and day three pays 900 SWAG per block. "

But all blocks are 450 already ... ??   Roll Eyes    Roll Eyes

For now, I leaving again. No value add for committed launch miners!

Let me take a second to explain exactly what happened.  

The server wasn't the problem.  We were sitting at 20% cpu usage, and all other pools had no issues during the time.

The issue was to do with the coin's starting diff of 0.03.  There were over 1000 blocks every few minutes trying to be submitted to the coin daemon.  The bitcoin coindaemon cannot account for this, and ends up freezing up completely.  This caused lots of blocks never to be submitted.  In this type of situation, there was only two ways you could of mined this coin at the start.  1. Solo mining, or a 2. small pool.

Regardless, we had to wait for the developer to force the diff up to 0.06 before the coin daemon would even start to respond properly.  Once it started to respond blocks started being accepted as normal, however it was still too fast for stratum/mysql and the daemon.  A common stratum issue arose where the blocks and shares were submitted out of order.  In fact, the daemon decided to randomly drop a block every so often too, yet still end up submitting in to the blocks table.  This compounded the issue with false blocks in the table, causing MPOS's crons not to execute properly.  In essence - the entire database was corrupted.  

I spent a good few hours repairing in in real time while miners continued to mine the coin.  When I went in to #mpos for a bit of advice, I met other pool admins that were mining SWAG at the start with the exact same issues with the database.  Now again, this is caused by the low starting diff of the coin, compounded by the high amount of miners at the start wanting to mine it.  The coin itself is fine - just new coins should always start at a difficulty level of higher than 1.0.

I am disappointed by some of the comments people posted on this forum.  You guys are worse than grannies in a sewing circle when you get together.. the rumours run wild with little regard to logical thinking.

Binaryclock/dedicatedpool has never lost a database, and has always been able to recover from issues.  ALWAYS.  Don't be so quick to toss us out the window next time.  You should know this by now.


Anyways, I hope this helps explain things.

Now that the original rush of low diff is out of the way, it's time to concentrate on the coin itself.  If any pool operators had database corruption from the low diff 0.03 starting, please contact me admin@dedicatedpool.com or on IRC #dedicatedpool.com.  I will be more than willing to help you repair your database with what I've learned from my night repairing mine.

TL;DR - coin had a low diff 0.03 starting - daemon/mpos/stratum couldn't keep up with rate of blocks submitted.  database corruption - but was fixed.  New coins should always have a 1.0 diff starting.  But now that's out of the way, lets move forward and mine this baby.

http://dedicatedpool.com
Ryan, dedicatedpool.com support/admin
admin@dedicatedpool.com / IRC on freenode #dedicatedpool



So basically, the launch of this generic clone-coin that already had nothing to set it apart from the others was royally messed up and yet, you still expect people to move forward and invest their time in this?
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Calendar] Crypto Currency Community Calendar! on: January 30, 2014, 05:41:23 AM
This calendar is great. Now I can keep an eye on the launch dates for all these scamcoins I have no* interest in being a part of so I can watch the inevitable gongshow live.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BellaCoin [BELA] - scrypt coin - Annoucement on: January 30, 2014, 05:07:11 AM
Twoturtles is truly a visionary! An inspiration to us all! A genius! Who know that by simply making an altcoin with a Unicorn logo that child suffering could be dealt with? Twoturtles is definitely one of those people, and this is definitely one of those ideas, that causes dramatic and positive change in the world.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Vendettacoin -cpu mining -update! -coming! -launching 01/27/2014 15:45 GMT on: January 30, 2014, 04:58:05 AM
This coin is going to implode faster than the Old Bailey.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BLUCOIN (BLU) Social Media CryptoCurrency - 1+ Million Coin Giveaway !! on: January 30, 2014, 04:32:15 AM
So after red and black we have blu , next is yello and after that orang.
Anything else for this coin than toying with the block reward?

BluCoin will be used as the single known Social Media Coin of choice amongst consumers.
Sites such as Youtube, Facebook & Vimeo are upon the horizon to take on BluCoin.
We will have not only a secure and well established media-frame, but together with the main Social Networking websites that are coming on board; BluCoin truly has unlimited potential.


I've used porta potties less full of shit than you are. Youtube, Facebook, about to adopt your coin, eh? Considering that neither requires payments from users at all, I'm not sure why they'd be interested in payment from some upstart cryptocurrency that offers nothing new. Christ, I hope one of their lawyers slaps you with a cease and desist for associating their name with this just so that others don't have to listen to your halfwitted dribble. I'll give you this though, BluCoin really does have some truly unlimited potential. I really don't think there are any possible boundaries on how hard this is going to flop.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][FTR] FutureCoin – Initial Investment Period! – Descendant of Nxt on: January 30, 2014, 12:47:28 AM
Quote
Does this mean only investors are rewarded and whoever comes on board later will want the coin for ??what??


Nope, it means the earliest investors are rewarded the most, and after the launch we anticipate the price to further increase (especially as we start be listed on major exchanges).

We think our concept of a coin is a superior to all Nxt alternatives right now because we are actually doing a complete mass distribution where virtually all of the coins will be released to the public (and thus pre-launch investors get rewarded very well)

The whole premise of your idea is fundamentally ridiculous. So, all the coins are premined and must be bought by bitcoin 'investments' or with real money later on. Those investments would only ever pay off if a lot of people decided to start using the coin. However, why in the world would they do that? Bitcoin, litecoin, etc. already allows pseodo-anonymous transactions. Other coins are already a lot more established and accepted in real stores. There isn't any mining for new people to get involved and give it a try. Your coin offers nothing new or innovative. Nothing. Any yet, you expect people to invest bitcoins (that are already proven to be useful), or down the road real money. You cryptocoin that offers no new features, no real new benefits and overall nothing to entice people to go through the hassle of adopting and using it when there are already much better alternatives out. Good luck, you'll need it.
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