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Purchased 5k POST for .3 btc. Good guy!
btc txid: 889a502e49b14251a38a0461c5cfaf1a40bb5eac5705d63f1fc7252ee402ea71
POST txid: 427fbe43f6cb8b537effce86134fa9ebd4a6b70d8de8a691ee873366e6274baa-000
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I'm mining this, looks good. Sig campaign reminds me of YellowCoin.
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Let's do it. Block time: 6 seconds
 10k had less than 1 second block times for it's proof-of-work and it didn't fork, as long as the dev has seed nodes working properly it will be fine. |
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aaaand I'm out, this definitely isn't a clever instamine prevention trick, just a shitty coin.
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Interesting, diff on this prevented my best efforts to instamine, if it settles in normally it could be an unannounced feature.
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Is the 2% premine counted against the total max coins of 20,000,000, or the pow coins of 4 millions??
If the premine is 400k that's a bit of a slap to anyone who might try to mine it, thats 10% of the market in the short term. I think we could all live with an 80,000 coin premine though.
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how much coins mined after pow?
That will be determined by the first 15 days of vPoS, the interest is variable. Does it bother you at all that if you simulate this coins distribution, over a long time scale, it will always go nearly 100% to the 1 or 2 wallets that qualify for staking at the max input size? |
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Can someone tell me the value of a coin that is based on what basis ?
How does the potential for a coin or not to invest ?
Thanks in advance !
I'd be glad to answer, but I'm not an expert so I guess it would be better for you to ask in some more appropriate thread. One thing I can tell you for sure is that LEA is currently worth.. well.. nothing. Hopefully not for long.  Well you decided to premine 100,000 blocks so unless you're the one propping the price up, its safe to say this coin will, in fact, be worth nothing. Nothing personal, large premines just aren't playing on the markets these days, and no one is falling for the "it's only .5%" trick when you're talking about .5% of coins that will be mined in 100 years. |
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The pool is back PLX_Dev (PLX or PXL??). I think he was just doing an upgrade or something.
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Haha this dude paid nothing to instamine 700 blocks and here you all are clamoring to pay him for the trouble. If you want this coin wait two days, the diff will be down to PXL levels, you'll be able to mine all you want.
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The point is ... I didn't said POW will end soon Total possible mined coins ever = 256, this is not mean they are will be mined tomorrow. You aren't listening... By block 200,000, the reward will be less than .00000001, by block 210,000, the reward is 0, because the protocol can no longer deal with increments that small. By this time the total number of coins generated will 52.51. There can never be more than 52.51 coins. I am concerned you do not quite understand how this whole 'pow' thing works. |
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Very hard to mine. I made some math....  At block 10 256 there will be 26,25 coins in existence. At block 20 512 there will be 39,375 coins in existence. At block 30 768 there will be 45,9375 coins in existence. At block 41 024 there will be 49,21875 coins in existence. At block 51 280 there will be 50,859375 coins in existence. At block 61 536 there will be 51,679687 coins in existence. At block 71 792 there will be 52.089702 coins in existence. At block 82 048 there will be 52.294977 coins in existence. At block 92 304 there will be 52.39748 coins in existence…. Total coins: 256 (wrote in OP)…. It is impossible… It will be max 100 coins in year 2250….. You can mine fast POW pump and dump coins if you want  This coin is not for two days business. No need to hurry. It is long term coin. Do not wait breaking news every hour. He is correctly pointing out that the rewards asymtotically approach zero long before the coin count will ever reach 256. My estimates show a max coin count of about 50 before the rewards get too low for the protocol to deal with. I assume you didn't bother to do this math yourself? |
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You guys think the dev is gonna show up and all of the sudden these coins will be worth something?
I've resigned myself to a total loss on this one.
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Gah I tried to d/l the wallet but my finger just kept getting incrementally closer to the mouse button without ever actually pressing it. Maybe next infinity.
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If my nicehash order for 1 gh first must reach 500 MH before reaching 1 GH, and then must reach 750 MH, and so on, can it ever truly reach 1 GH??
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Suprnova has 1/3 of the hashrate, anyone know who or what the other pool is?
Net hash indicators are not accurate! Look at the blocks. Suprnova is finding all of the blocks, there is no other pool. |
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Nicest looking wallet since StackCoin, I'll keep an eye on it! Follows StackCoins excellent 'pay now, see the wallet later' model as well. No way this goes wrong as far as I can see.
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Bitcoin is also hard to mine now.  Diff has little drop Current Difficulty 3,013,396.17934108 I think, if nethashrate will drop then diff will drop. Am I wrong? Next retarget is block 2100, it will take approximately 25 hours to reach the next retarget with the current hash, at 10 minutes per block. Sloppy stuff. |
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Diff is stuck high already. Why not fork a decently SHA coin with functioning retarget?
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Coinhey is one of the more obvious scam exchanges in crypto history. Please for the love of god, do not send them anything.
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