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1  Alternate cryptocurrencies / Altcoin Discussion / NScrypt multipools on: April 19, 2014, 06:48:52 PM
Are there any NScrypt multipools yet?  Seems like there's enough NScrypt coins now to be profitable for multipools.
2  Alternate cryptocurrencies / Altcoin Discussion / Honest Coin Initiative proposal: ReactiveCoin -- please provide feedback! on: April 04, 2014, 05:38:39 PM
This is the first proposed coin for the Honest Coin Initiative (for more info on the Honest Coin Initiative, see

Algorithm: modified scrypt-jane (NFactor 9) + PoS
Block time: 30 seconds
Retarget time: 30 blocks (15 minutes)
Rewards: first 5000 at 1 per block, then 50 per block, halving in 2 years
Premine: 0%

I really like scrypt-jane for it's memory-hard approach and reduced stress on GPUs, but I get annoyed by the NFactor changes.  My idea is to pick an NFactor and stay there until there's a good reason to change, then hard-fork if need be.  I picked NFactor 9 just because it's the most analogous to Scrypt, so people will get similar hash rates. 

I considered X11, but a.) it's not ASIC-resistant in theory because it's not memory-hard, and b.) there appears to be some more efficient GPU miners that are not being shared with the general public.

I picked the block time purely because I want to have quick confirmations.

I want to give everyone time to start mining, so I picked 5000 blocks at almost no reward to create a smooth launch (should take 1-2 days before the blocks start paying out).  After that I picked 50 just because it's the standard.

Please review my proposal and provide feedback.
3  Alternate cryptocurrencies / Altcoin Discussion / Honest Coin Initiative -- fighting the shitcoin insurgency on: March 28, 2014, 03:35:11 AM
With the recent wave of scam coins I've realize that if I want to see any new, unique, non-scam coins, I'll have to create them myself or with the help of others.  What I propose is to form a group dedicated to releasing a series of novel cryptocurrencies in an honest fashion.  That means:

- no scrypt coins
- no IPOs
- no premining
- no instamining
- each coin must do *something* new and interesting
- must use our primary pseudonyms
- each coin launch will be subject to review, and any member caught skirting the rules will be kicked out
- under no circumstance will any member ever benefit from a coin launch beyond what they themselves can mine

I'm new to coin development but have a decent amount of software engineering experience.  I'm looking for other devs, graphic designers, promoters, and of course miners.  I want to work in a group that produces coins to be proud of, and I want miners to see the 'Honest Coin Initiative' logo and say 'I'm mining that coin!'.  

So, who's with me?


Please review the first coin proposal under the HCI: ReactiveCoin
4  Alternate cryptocurrencies / Altcoin Discussion / building windows wallets on: January 25, 2014, 08:11:11 AM
So I've got an idea for a coin that I haven't seen before, and I don't anticipate the coding to be a problem (all the bitcoin-derived code looks pretty straightforward, modifying what I need to will be a bit of work but certainly not impossible).  What I am completely dumbfounded on though is the process for building a windows wallet.  I've been looking at some tutorials, and they all seem to be wrong in some way or another.  It seems like a shit ton of tribal knowledge, and I was wondering if there's any guide to building a windows wallet for an existing project (e.g. litecoin) that actually *works*?  So far my problem has been that the mingw version is incompatible with the version of qt (based on this guide: 
5  Alternate cryptocurrencies / Mining (Altcoins) / post your Vertcoin NFactor Scrypt cgminer hardware/hashrate/config here on: January 13, 2014, 06:44:32 AM
Since the hashrate and settings are different than scrypt mining, I figured it might be good to get an idea of what we can expect from our GPUs and what the optimal settings are..  I'll start:

R9 270:
~180 Kh/s
Aleks cgminer
-I 18 -w 512 --lookup-gap 2 --thread-concurrency 12000

R9 290:
~400 Kh/s
Aleks cgminer
-I 18 -w 512 --lookup-gap 2 --thread-concurrency 26000
6  Other / Beginners & Help / Posting here to get off the newbie boards on: January 04, 2014, 03:39:47 AM
Okay, so I've been lurking for about 3 months on the alt coin boards, but have been frustrated with my inability to post, so I'm signing up.  Apparently I'm not allowed to post elsewhere until I post here first.  Also, the post has to be long, according to the rules, so here's a wikipedia cut and paste.  Hopefully this is enough to let me post on the normal boards.


Agrarian Justice
From Wikipedia, the free encyclopedia

Thomas Paine, 1792.
Agrarian Justice is the title of a pamphlet written by Thomas Paine, published in 1797, which advocated the use of an estate tax and a tax on land values to fund a universal old-age and disability pension, as well as a fixed sum to be paid to all citizens on reaching maturity.
It was written in the winter of 179596, but remained unpublished for a year, Paine being undecided whether or not it would be best to wait until the end of the ongoing war with France before publishing. However, having read a sermon by Richard Watson, the Bishop of Llandaff, which discussed the "Wisdom ... of God, in having made both Rich and Poor", he felt the need to publish, under the argument that "rich" and "poor" were arbitrary divisions, not divinely created ones.[1]
Contents  [hide]
1 Proposed system
2 Philosophical background
3 See also
4 Notes
5 References
6 External links
Proposed system[edit]

In response to the private sale of royal (or common) lands, Paine proposed a detailed plan to tax property owners to pay for the needs of the poor, which could be considered as the precursor of the modern idea of citizen's income or basic income. The money would be raised by taxing all direct inheritances at 10%, and "indirect" inheritances those not going to close relations at a somewhat higher rate; this would, he estimated, raise around 5,700,000 per year in England.[2]
Around two-thirds of the fund would be spent on pension payments of 10 per year to every person over the age of fifty, which Paine had taken as his average adult life expectancy, with most of the remainder allocated to making fixed payments of 15 to every man and woman on reaching the age of twenty-one, legal majority. The small remainder would then be able to be used for paying pensions to "the lame and blind".[3] For context, the average weekly wage of an agricultural labourer was around 9 shillings, which would mean an annual income of about 23 for an able-bodied man working throughout the year.[4]
Additionally, "a one-time stipend of 15 pounds sterling would be paid to each citizen upon attaining age 21, to give them a start in life."[5]
Philosophical background[edit]

The work is based on the contention that in the state of nature, "the earth, in its natural uncultivated state... was the common property of the human race"; the concept of private ownership arose as a necessary result of the development of agriculture, since it was impossible to distinguish the possession of improvements to the land from the possession of the land itself. Thus Paine views private property as necessary, but that the basic needs of all humanity must be provided for by those with property, who have originally taken it from the general public. This in some sense is their "payment" to non-property holders for the right to hold private property.
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