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1  Bitcoin / Project Development / merge mined coins on: March 29, 2018, 11:48:58 AM
hi guys! i hope this is the right place for this...

i have been doing alot of thinking lately on releasing my own coin. initially i thought about doing just a clone of BTC and messing around with the attributes like the total supply ect.. however i then started thinking about how about instead of creating ANOTHER new blockchain that needs miners to verify transaction which would use up alot of electricity that may not be necessary. i dont expect this coin to explode or need tremendous resources, i was really visioning something that will offer utility but not necessarily need to incredibly fast, and i want it to be as efficient as possible. so then i started to think about the possibility of just merge mining the coin. this would probably be ideal because i can take advantage of the robust network already in place and hopefully not use a burdensome amount of electricity. can someone help me out with information on what it takes to create a coin which is merge mined with the BTC network? or point me in the direction of some documentation or tutorials online which may be of help? ANY help is appreciated, i have really scoured the internet for a few days and cant seem to find any documentation on what it takes to set up merge mining for a coin or how to implement it. i look forward to any replies !
2  Alternate cryptocurrencies / Altcoin Discussion / math SO BAD its terrifying on: March 29, 2018, 09:54:04 AM
HEY there everyone!!!

i am a n00blet according to my forum profile, however i have been a miner on and off and a crypto enthusiast since 2013/14.... and needless to say i have seen some SCAMS in my time in the community. everyone knows the ones which will live in infamy like mastercoin and bitconnect, but there has been SO many it gets hard to keep track. However i believe that it is our prerogative as a community to immediately call out any scammer for what they are, in order to protect at all costs the reputation of the crypto community. if our community is tainted by negative generalizations about crypto derived from the likes of bitconnect and davor coin it will be extremely difficult for us to fix our collective reputation. and without a solid reputation as a foundation to build our projects upon, these projects will have no value to the general public and the hard work of the developers will all be for naught.

this brings me to the reason for this post.... im sure that many of you by now have heard of Proof of Weak hands (p3d is the erc20 token name). there has been alot of buzz about this token recently, especially on youtube, and in the couple short weeks since it was released there has already been more than 2 million dollars poured into it! just like many of you, when i first stumbled upon this i was very interested because they claim to be doing what bitconnect said they were doing, except that all of the code is public and written in solidity, and the token is on the ethereum blockchain. of course we all know the SEVERE damage that our community has suffered at the hands of Trevon James, Craig grant, ryan hildreth, and others because of bitconnect. so the thought of another bitconnect made me quite furious at first. but then if you watch a few youtube videos you see that these guys are shilling this in a whole new "reputable" way. basically these youtube personalities are portraying this token as being totally secure because its all written in a smart contract and is open source for anyone to critique and audit. many claims have been made about how there just is no way to get scammed by buying into this, how an exit scheme is not possible because no one person has access to the contract funds, and that all you have to do is hold your tokens and your guaranteed to make money. however it is quite unfortunate that people who are shilling the idea that its secure because it is a smart contract, cant even read the contract itself! well i did read it and i found out lots of stuff that raised red flags, and hope you all stay far away from this!
3  Other / Off-topic / a really good day! on: December 14, 2017, 03:36:09 AM
so I used to mine cryptos back in like 2014, and I did pretty good. back then I mined a lot of LTC, had an alcheminer 256. at the time a beast of a machine but eventually I gave up cuz the space in which I was mining was going to be taken over by my grandmother moving into it lol. so back then I sold everything off, LTC was 4 dollars a coin... today I decided I need to get back into this and I was going through my little black book and I found more than 2 LTC in between a couple pools I used to mine on which actually still had a balance LOL (fucking honest pool of you ask me! it was GIVE ME COINS btw). that might be enough to get me back in right there! but I want an L3 or A4+.... so yeah anyone else just randomly find like 700 usd in some bits of code recently??? these are my trash coins I couldn't bother to spend back then LOL boi was I wrong!

whats a good day to you all?
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