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241  Alternate cryptocurrencies / Altcoin Discussion / Re: [Poll] Choose the GRA logo you like the best! on: December 13, 2013, 08:11:24 AM
nice designs Cheesy
242  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GRA] Grain - New PoW/PoS coin | Fast, secure, super bonus blocks on: December 13, 2013, 06:34:43 AM
Question though does anyone have any idea on how to price a new coin?

I would place fair market value at 1.20 USD per 10,000.

Lol actually i was wondering on how calculations are normally done...

I pegged the value on Litecoins. 1.20 USD per 10,000 Grains is the same returns you would get if you were mining Litecoins instead of Grains.

Seems like a good way to do it. I would say that they actually have to be more valuable than litecoins to be worth mining, though. I can turn around and exchange litecoins in 15 minutes, whereas there's a pretty good chance a brand new altcoin may never even make it to an exchange (or could have a fork, or the devs could abandon it, etc). If they're equal in value, why would anyone mine the way riskier option? I think that's a big reason why all the smaller alts are more profitable than BTC/LTC mining.

I'd say pre-exchange coins will always worth more than LTC if it goes to exchange (at least initially). This is like the pre-IPO stocks. Because some will never make it to exchange, they are higher risks thus higher reward.
243  Alternate cryptocurrencies / Announcements (Altcoins) / Re: LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 12, 2013, 06:41:09 PM
interesting coin
244  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GRA] Grain - New PoW/PoS coin | Fast, secure, super bonus blocks on: December 11, 2013, 04:48:27 AM
I have 50K GRAs to sell, anyone wants PM me.
245  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ZEU - ZeusCoin - New PoW coin with random blocks | No Premine on: December 11, 2013, 04:31:01 AM
crap, did I miss the 5X super reward? sad Huh
246  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GRA] Grain - New PoW/PoS coin | Fast, secure, super bonus blocks on: December 09, 2013, 08:54:28 PM
Yes this is good point. I agree A>B>C. A&B are very nice Smiley
247  Alternate cryptocurrencies / Altcoin Discussion / Re: [GRA] Giveaway thread for Grain - GRA | Each person gets 10000 GRAs on: December 09, 2013, 08:37:10 PM
9aNXLDd2yFx9zYR3xv5kFsaPm1z87oig98
thanks.
248  Alternate cryptocurrencies / Altcoin Discussion / Re: [GRA] Giveaway thread for Grain - GRA | Each person gets 10000 GRAs on: December 08, 2013, 06:24:19 PM
9AkDgjAPHsnEY12LZhd3ATDXEWua3t8RDa
thanks
249  Alternate cryptocurrencies / Altcoin Discussion / Re: Ridiculously premined alt coins on: December 08, 2013, 06:17:52 PM
Mining is the scam;

what do you mean?
250  Alternate cryptocurrencies / Altcoin Discussion / Re: Ridiculously premined alt coins on: December 08, 2013, 08:13:46 AM
need more posts like this, to show people what are the truth of each coin
251  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GRA] Grain - New PoW/PoS coin | Fast, secure, super bonus blocks on: December 07, 2013, 08:26:57 PM





A grain is a unit of measurement of mass that is nominally based upon the mass of a single seed of a cereal. From the Bronze Age into the Renaissance the average masses of wheat and barley grains were part of the legal definition of units of mass. However, there is no evidence of any country ever having used actual seeds or cereal grains. Rather, expressions such as "thirty-two grains of wheat, taken from the middle of the ear" appear to have been ritualistic formulas, essentially the premodern equivalent of legal boilerplate.

- from Wikipedia





Grain (GRA)


Grain is a PoW/PoS coin that is designed to be the unit of cyber-coin. It has a total of 50 billion unit to be released, through a fair p2p mining process. It is fast, secure and have sufficient coins for circulation so it can be used in real daily shopping.

Grain is from the family of PPCoin/Novacoin with latest available algorithms that fixed various problems in the PoW/PoS coins. As compared to the PoW only coins, the proof of stake coins are more resilient to 51% attack. Also it is a long term energy-efficient crypto-currency since not all coins are obtained by mining.

Each grain block provides random 1024 - 2048 grains initially. It also provides rare superblocks. The coin uses hash-based algorithm to determine superblocks based on the number of 9s in the previous block hash. It works as follows:

- the hash contains six 9s or less: regular block
- the hash contains seven or eight 9s: 8 times the regular block (about 5% chances)
- the hash contains nine or more 9s: 64 times the regular block (about 1% chances)

Premined 1% as reserved bounty and reward for developers, giveaway, pool, blockexplorer, etc. Grain also provides 5% annual interest on the grained held. The interest will be paid about every 2 weeks.





Specifications

   - scrypt
        - 30 seconds block target
   - 1024-2048 grains per block for normal blocks
   - 8 times or 64 times the regular payout per block for super blocks depends on the number of 9s in the previous hash
   - Difficulty retargets every block
   - mining payout will be halved every 90 days (259200 blocks)
   - minimum payout per block 1 coin
   - Total grains will be 50 billions
   - 6 confirmations for transaction
   - 50 confirmations for minted blocks

   - Ports: 11054 (connection) and 11055 (RPC)


The official website: (under construction).

A separate giveaway thread will be created.





Downloads

Windows Client Downloads

Mega.co.nz:
https://mega.co.nz/#!g08klILY!cUhIeDHqF0pG1Mwr9yDqxBrT5x5dOyHdDm0uH50OOsE

Skydrive:
https://skydrive.live.com/redir?resid=248417D5E47DC8A8!108&authkey=!ADWKOAnboMX_clM&ithint=file%2c.zip


Source Code Download
https://github.com/grain-crypto/grain





Bounties

The following bounties will be distributed
- First mining pool: 200K GRA
- Second mining pool: 150K GRA

- First block explorer: 200K GRA
- Second block explorer: 150K GRA

- First gaming site accepting GRA: 200K GRA
- Second gaming site accepting GRA: 150K GRA


Blockchain Explorer:
- to be added -

News and Updates:
- to be updated -





Mining Configurations

Using the following nodes to join the network:

addnode=208.167.239.211
addnode=66.187.67.192


Sample Config File (grain.conf):

Quote
listen=1
daemon=1
server=1
rpcconnect=127.0.0.1
addnode=208.167.239.211
addnode=66.187.67.192
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcport=11055


How to Solo Mine

1. Start up grain-qt, wait for it to load, then exit.
2. Put grain.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/Grain
3. restart grain-qt, and you should connect and sync.
4. For solo mining, launch cgminer or the mining program you use and begin mining.
      cgminer ex: cgminer.exe --scrypt -o localhost:11055 -u **yourusername** -p **password** (without **)








Grain? interesting... the next coin will be "Sand"  Grin Grin

want to see any interesting part of this coin. It release a lot coins per block, which I like.
252  Alternate cryptocurrencies / Altcoin Discussion / Re: Poll: Which Alt Coin will see the most growth in 2014? on: December 07, 2013, 08:04:26 AM
Zeuscoin, Litecoin, Worldcoin
253  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ZEU - ZeusCoin - New PoW coin with random blocks | No Premine on: December 07, 2013, 04:46:57 AM
Don't think get to an exchange needs a professional website. This coin has a lot miners, and be voted the most favorite one, so it should be in exchange once cryptsy sorts out their performance problems.
254  Other / Beginners & Help / Very nice forum here on: November 09, 2013, 05:37:01 PM
Just found it, I am glad to be with so many fans of bitcoin... Cheesy
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