Probably nothing unreasonable about thinking that bitcoin needs another bull run before alts will pick up in general.  But that being said, I personally think that FGC has a lot going for it, especially with Topia coming up (which should help volume issues).  Obviously the fantasy-crypto hybrid space is starting to get crowded, but this team has shown a lot of dedication.

That's pretty awesome, congrats!  For whatever reason Cryptopia has become a key stepping stone for most new coins.  It's a shame they have such a monopoly, but I'm glad y'all got listed.

The Doge-ETH bridge sounds really cool.  Can someone summarize any other advantages of Doge over other cryptos?

Yeah it's kind of a vague platitude.  But I agree the lack of a pre-mine is a plus point.  But ultimately, regardless of how much the Overstock CEO loves it, the coin's going to need one unifying vision.  Is it trying to replace bitcoin?

Does my signature look correct?  I think it's fine but is there a way to make sure?

Yes I agree the community has been very helpful and the dev has been very responsive.  It's something not every MN coin has.

I'll take your word for the PoS thing and withdraw my comment if what you say is true.  However, I hardly see the absence of PoS as some kind of critical failing.  This is what, less than 2 months old?  Waiting 2 months for PoS is a bad thing?

About superblocks, your point is still wrong.  The superblock system still rewards miners.  The fact that is ALSO rewards masternodes does not mean it somehow DOESN'T reward miners.

The fact that something went wrong when the dev was offline and the team didn't know how to fix - yes, the fact that there was a software glitch isnt great.  But I'll say again it's only a 2-month-old project.  It's not like there's a ton of other stuff you could have mined for 2 months and made yourself into a millionaire by now.


This next part isn't directed at mtx_demon specifically: if you want to mine and dump to make some good one-month profits, Transend isn't  for you, for all of the reasons mtx_demon described.  If you want to mine to take a big risk on a huge upside over all of 2018 and 2019, then step right up.



Yeah I'm pretty interested in this too, can't wait!

You are entitled to your opinion of course, and you may end up being right.  But just to be fair:

Every coin is "just a fork" of something.  At least the Transend roadmap is more tangible than the MN coins saying they will "be a store of value" and a "medium of exchange".  Also, I'm excited to see where supernodes takes us.  If supernodes don't work, then yes you will have a valid criticism.

What does "PoS never worked" mean?  I don't recall PoS being promised as an immediate implementation, I recall it being something planned for down the road.  You can't criticize the absence of features that are supposed to be absent until later.  You know what else doesn't have working PoS?  Ethereum.  You know why that's a stupid comment?  Because no one expects Ethereum to have PoS TODAY.

Where do you see the claim that superblocks should "just" be for miners?  Again, you're inventing features you want Transend to have, and then criticizing it for not having them.

Pool centralization is a problem, I agree with this.  Devs need to raise the official pool fee to encourage miners to seek other pools.

Feel free to sell your Transend now.  The team claims that KuCoin listing is paid and forthcoming.  I can't verify the truth of that because I am not on the team.  But I'm willing to take the risk (it's a big risk, but I'll put in 1-2 weeks of mining for this kind of upside).

Love the rebranded look

I think, if it helps: the reason some people ALREADY see REDEN is because the old chain on which the dev ran away was already renamed to REDEN.  But that was just the old chain becoming temporarily supported until swap.  Now a new chain is starting (with a swap) and this one will OFFICIALLY be called REDEN.

Exciting, I keep hoping for a REAL x16s masternode coin (too many scams).  This one is hopefully a legit one because it is a community coming together after a scam.  Look forward to mining.

Any interest in actually stating the algo?

You can clearly see that the antivirus is only flagging the miner.  This is true of most coins with miners.

But I agree that MN presales are very very risky.

Pool looks pretty cool

Nice to see some life.

I think ppl understand you are busy, but just take the time to provide an update 1x/week.  You really dont think its worth 5 mins of your time to combat a little FUD?

Wow that makes me even more sure that they have no interest in developing coin, just pump n dump.  Otherwise, why wouldn't they want your fixes?

A reminder for those that don't read all pages:  the ANN itself says this:


For 5 days, it was mined by only 12 people.  These 12 are going to get rich from your buys.

I like how people these days get out of admitting there was a pre-mine.  Sometimes it is "oh we were just testing network".  But this is a new one: "oh I was mining with 11 friends, so it is not a pre-mine".

If the 12 founders think I'm just being a troll, how about you actually either (1) explain why letting 12 people "early mine" makes for a fair launch, or (2) actually make it fair by burning everything you mined in the first 5 days?

If your answer to (1) is "we posted a discord link in one place, anyone could have joined (even though only like 100 people look at the place we posted the link)", try again.


ALSO:


The difficulty on your network adjusts REALLY slow.  How many blocks did this "randowhale" take?  3000?  5000?  Why shouldn't investors be *TERRIFIED* of this guy dumping?  This is the REASON every coin should make a fair launch: if the network had been public from the start, your CPU hash would have been a lot higher than 20 MH, and other people would have been working on a public GPU miner sooner.

EDIT: More math:

Blocktime is 1 min = 1440 blocks/day.  Yet at the time of this ANN, over 23,000 blocks were gone.  So no, it wasn't just a "six day premine".  16 days' worth of blocks were taken in those 6 days (because of how slo your difficulty moves).

"Premine: 0%"

Not only does that cut it down from 50, it also means the dev isn't really selling you anything.  Project might go nowhere, but at least its not an ICO or MN sale.  That's reason enough for me to send some hash.

great work!  glad to see a professional-looking non-MN project out here.  Hope it does well.

The lack of a fair launch is troubling.  5 friends from discord getting together on a channel that no one has any way of finding and calling it "public" does not make a fair launch.  

Maybe someone can make a x16s fork called "Hawkcoin", make an ANN FIRST, NOT LAST and set a 48-hour countdown to launch?

Edit: you gotta love this gem from the ANN:


Admits that for 5 days, no attempt was made to grow beyond 12 people.  Please, please read that again: TWELVE PEOPLE WERE THE ONLY ONES MINING FOR 5 DAYS.   These 12 are going to get rich from your buys.