surprisingly nobody seems to be talking about this here.. there is a new coin since 36 hours.. let's talk here only about the mineable coin itself.. paycoin and gaw is a topic itself ( https://bitcointalk.org/index.php?topic=857670 ) so let's collect the facts:
Name Paycoin
Symbol / Tag XPY
Website https://paycoin.com/
Github / Source Code https://github.com/GAWMiners/paycoin
Forum https://hashtalk.org/
Client Version v0.1.2.0-ge3c013c
Get Info RPC
Version: v0.1.2.10-ge3c013c
Protocol Version: 60004
Wallet Version: 60000
Hash Algorithm SHA-256
Proof-of-Work Scheme Proof-of-Work/Proof-of-Stake
Coins to be Issued 12,500,000
Block Time 1.00 minute(s)
Block Reward 49.00 coins
Difficulty Retarget 1 blocks
so do you think it's worth participating?
Name Paycoin
Symbol / Tag XPY
Website https://paycoin.com/
Github / Source Code https://github.com/GAWMiners/paycoin
Forum https://hashtalk.org/
Client Version v0.1.2.0-ge3c013c
Get Info RPC
Version: v0.1.2.10-ge3c013c
Protocol Version: 60004
Wallet Version: 60000
Hash Algorithm SHA-256
Proof-of-Work Scheme Proof-of-Work/Proof-of-Stake
Coins to be Issued 12,500,000
Block Time 1.00 minute(s)
Block Reward 49.00 coins
Difficulty Retarget 1 blocks
- not to be confused with [PYC] Paycoin, https://bitcointalk.org/index.php?topic=268941.0
- Pre-Mine 12,000,000 = 96% ( https://hashtalk.org/topic/22975/initial-paycoins-of-12m )
- gigantic ponzi-scheme.. but if you get in early enough, you can probably profit
- first coins were sold to private investors for 8 USD
- actual price is around 10 USD ( https://coin-swap.net/market/XPY/BTC )
- coins will be publicly sold on paycoin.com for 20 USD
- market cap would be #3 , just behind bitcoin and ripple
- mining went crazy the last 36 hours, on nicehash hashrate costs 10x value of btc mining.. we are at 40 PHash now...
so do you think it's worth participating?
next scam probably generate by prometeus, ninjatrader or other guru.