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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ann]Vote New coins on Bter.com - Which new coin should Bter add in next week?
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on: March 05, 2014, 11:37:06 PM
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What is a Benjamin?The United States one hundred-dollar bill ($100) is a denomination of United States currency featuring statesman, inventor, and diplomat Benjamin Franklin on the obverse of the bill. On the reverse of the banknote is an image of Independence Hall. The $100 bill is the largest denomination that has been printed since 1969, when the denominations of $500, $1,000, $5,000, and $10,000 were retired
The Bureau of Engraving and Printing says the average life of a $100 bill in circulation is 90 months (7.5 years) before it is replaced due to wear and tear. The bills are also commonly referred to as "Benjamins", in reference to the use of Benjamin Franklin's portrait on the denomination, or "C-Notes", based on the Roman numeral for 100. The bill is one of two denominations printed today that does not feature a President of the United States; the other is the $10 bill, featuring Alexander Hamilton. The time on the clock of Independence Hall on the reverse, according to the U.S. Bureau of Engraving and Printing, shows approximately 4:10 on the older contemporary notes and 10:30 on the series 2009A notes in 2013
On April 24, 2013, the Federal Reserve announced the new $100 bill would enter circulation on October 8, 2013. The new bill will cost 12.6 cents to produce and have a blue ribbon woven into the center of the currency with "100" and Liberty Bells, alternating, that appear when the bill is tilted
According to the Federal Reserve, more than two thirds of all $100 notes circulate outside of the United States, making it the most popular banknote Paper Wallets now available at http://www.BenjaminsBaby.com/paperwallet.html Official Website NOW LIVE: BenjaminsBaby.com Coin Specs SHA Based 10 Minute blocks 100 Coins per block Max BENs: 12,800,000 Halves at 64,000 blocks No Premine and 0 Instamine Binaries and Source provided
Windows QT - http://www.BenjaminsBaby.com/BEN/Benjamins-WindowsQT.rar Windows Daemon - http://www.BenjaminsBaby.com/BEN/Benjamins-WindowsDaemon.rar
Linux QT - http://www.BenjaminsBaby.com/BEN/Benjamins-LinuxQT.rar Linux Daemon - http://www.BenjaminsBaby.com/BEN/Benjamins-LinuxDaemon.rar
Source Code: https://github.com/BenjaminsSource/Benjamins
ABE Block Explorer: http://198.147.23.176:2750
addnode=95.85.39.131 addnode=97.112.91.126 addnode=192.227.160.84 addnode=71.240.166.229 addnode=79.30.41.82 addnode=79.35.184.193 addnode=178.210.43.53 addnode=37.4.59.204 addnode=188.162.40.145 addnode=67.233.202.8 addnode=66.186.168.160 addnode=70.169.118.178 addnode=216.145.101.106 addnode=123.211.105.43 addnode=50.42.35.91 addnode=46.118.221.232 addnode=124.169.133.2 addnode=86.5.174.41 addnode=151.50.110.59 addnode=184.75.214.210 addnode=199.217.117.170 addnode=71.240.166.229 addnode=95.85.39.131 addnode=23.25.122.113 addnode=69.64.63.162 addnode=46.118.221.232 addnode=198.147.23.176
The Benjamins support team is comprised of several very talented individuals all working towards a common goal of providing a safe, secure, and easy transition for merchants from fiat-only businesses to accepting virtual currencies with just the click of a button. These members are located in the United States, Europe, Asia, and Australia, so most global timezones will be covered as far as support team being available for assistance. 8 blocks at normal (100 BEN) rewards were mined to sync up the nodes and the pool for launch
The Benjamins Merchant Services division is providing users, traders, and merchants alike with the option to easily integrate and customize our system into an already existing business or website. We will also provide live support to assist you or your business in the transition to the newest technology available for financial transactions. Let us bridge the gap between virtual currencies and those that don't know, yet. Benjamins have arrived. And they're here to stay
The Benjamins team has made it easier than ever to accept virtual currencies as payment. Instead of tracking down a programmer to integrate payments, you can just sign up with us and let our code do the work for you! Easily customizable buttons are available to fit your business and website style with only a few clicks! You can be accepting Benjamins TODAY. The Merchant Services will be launched when BEN has hit an exchange or two and a market price has been set
Benjamin himself will also provide an official mining pool within 48 hours of launch, as well as an ABE based Block Explorer for easy transaction tracking, both coming up at the same time. The reason we are launching with no pool is to prevent forks an get the block chain spread across multiple nodes rather than everyone putting their hashes into one place and screwing over solo miners. If anyone else wants to set up a pool before that, we have no problems with that at all and will include your link in this post
Live support is available to answer any questions you may have about Benjamins, or just virtual currencies in general. Not only will we provide these services to you, but we will also work with you to help get you the exposure you desire in the crypto currency community. Accept virtual currencies and take advantage of the newest technology available. We will provide the same service that CoinPayments provides, but specifically coded for Benjamins designed to coordinate with both the coin and website that will be launched in the next 48 hours with the pool, explorer, paper wallets, and other very useful services provided by the Benjamins development team
Benjamin Franklin has already been contacted via séance and approves of the choice for SHA over Scrypt. He finds electricity fascinating and wishes to conserve it for future generations by using efficient mining hardware Benjamins Mining Pools (SHA-256)Neocities P2Pool: http://p2pool.neocities.org/coin_ben.html (Pool Op: deeppurple72)Benjamins PityThePool: http://ben.pitythepool.com (Pool Op: Mortimer452)Hasher BEN Pool: http://ben.hasher.ca (Pool Op: crackfoo)
Coinminer P2Pool: http://coinminer.net:19986 (Pool Op: RobRoy)
iSpace Pool (UK): http://ispace.co.uk (Pool Op: Marty19)
BEN on TomPool: http://tompool.org (Pool Op: Tommo_Aus)
Deadly Silence (EU): http://ben.deadly-silence.org (Pool Op: ArcticWolfie)
Coinmining Pool: http://ben.coinmining.pw (Pool Op: PhatJ [CryptoCoinTalk])
BEN on Coin-Pool: http://ben.coin-pool.org (Pool Op: gjerek) Coin Specs SHA Based 10 Minute blocks 100 Coins per block Max BENs: 12,800,000 Halves at 64,000 blocks No Premine and 0 Instamine Binaries and Source provided
Windows QT - http://www.BenjaminsBaby.com/BEN/Benjamins-WindowsQT.rar Windows Daemon - http://www.BenjaminsBaby.com/BEN/Benjamins-WindowsDaemon.rar
Linux QT - http://www.BenjaminsBaby.com/BEN/Benjamins-LinuxQT.rar Linux Daemon - http://www.BenjaminsBaby.com/BEN/Benjamins-LinuxDaemon.rar
Source Code: https://github.com/BenjaminsSource/Benjamins
ABE Block Explorer: http://198.147.23.176:2750
Donation address for Bounties, Giveaways, and other community promotions: 1KM6JTbmXHQ9KxT1PAUcKjGHPafbXjFgAV | Thank you
Official Website NOW LIVE: BenjaminsBaby.com
Benjamins Reddit Benjamins Twitter
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BEN] Benjamins ◄ SHA-256 ►◄ 12 Exchange Markets ►◄ Cryptsy ►◄ PAYSHA!! ►
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on: March 05, 2014, 08:38:44 PM
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The general consensus last night was to let it be. This will keep the block time of all 4 coins on Paysha at 10 minutes
What does this mean for Benjamins?
It's going to suck mining for a little while. The difficulty keeps increasing, because we should only be on block 4500ish right now, not 20,000. We got way ahead early because so many ASIC miners jumped on before the first few adjustments. Benjamins will become extremely hard to mine for the next month, or even longer, depending on hash rate. Paysha will support BEN even if the transactions are slow for the first few months due to the problem. Both teams feel as if 10 minute blocks are better in the long run for network and transaction security, regardless of the short term damage. Changing the difficulty now would alter the lifespan of the coin to a degree that would ruin it. It would be mined out too fast. I know it seems like it's broken, but it's the exact opposite. Benjamins network is spiking difficulty to fix itself, rather than allow more Benjamins to be mined ahead of schedule
Thanks for your continued support of Benjamins
I assume the next few pages will be extremely negative, and it's deserved, so let's have it
I respect your decision to keep the 10-min block times, but I still have the same concerns as posted earlier. I still think the increased block time until the coin "fixes itself" is going to be an issue. BEN has already gone from 32 min block times to 50 min block times since I posted about this yesterday, less than 24 hrs ago. At that rate BEN is 70 days away from the next retarget. I have no doubt this will continue to increase until BEN is looking at several months, maybe even a year to retarget the diff again. I have seen this happen with many, many coins before. I'm also concerned this coin will not be "fixed" at the next diff adjustment either. At the next diff adjustment, BEN will be at block 26,208 - depending on when that happens, BEN still might be ahead of schedule in terms of block height. I think there is a fair chance the diff will adjust even higher at block 26208, making things even worse. For example (maybe my math is wrong, but I don't think it is): 70 days at "normal" block rate of 10 minutes should produce 10,080 blocks This means expected block height 70 days from now would be ~14,500ish blocks At current network rates, 70 days from now we will be at block 26,208 - still way over schedule You are correct. However, even if we were to adjust difficulty now, it would slowly creep up and each block would get harder and harder. This way it will stay this hard for a while and the jumps will be bigger, but less often. Instead of slowly creeping up every block, we hope the jumps will stall enough time to drive it back down to where it should be in the next few adjustments
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BEN] Benjamins ◄ SHA-256 ►◄ NO HARD FORK INCOMING ►◄ Cryptsy ►◄ PAYSHA! ►
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on: March 05, 2014, 07:39:02 PM
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I am glad to hear you are letting it run its course through the mud of true difficulty, I think that's good. I am mining Benjamins, probably won't bother worrying about price. Also the paper wallets and blockchain explorer give Ben some nice features.
If Ben is keeping this coin on a true diff BTC profile, then I am happier to mine it. I just don't feel like mining to pump and dump, I intend to hold long. Thanks Ben, I say its good to keep the backbone in your coin, the right miners will catch on to what good stuff you're doing. Complaining about difficulty and then mining some crap coin you can get 2000 of, is basically the opposite of what creates long term value.
Hopefully others agree with you. The only thing we need to really fix it without the fork is more hashpower on the network Thanks for sticking around, we are here for the long run, as well
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BEN] Benjamins ◄ SHA-256 ►◄ 12 Exchange Markets ►◄ Cryptsy ►◄ PAYSHA!! ►
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on: March 05, 2014, 06:13:47 PM
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The general consensus last night was to let it be. This will keep the block time of all 4 coins on Paysha at 10 minutes
What does this mean for Benjamins?
It's going to suck mining for a little while. The difficulty keeps increasing, because we should only be on block 4500ish right now, not 20,000. We got way ahead early because so many ASIC miners jumped on before the first few adjustments. Benjamins will become extremely hard to mine for the next month, or even longer, depending on hash rate. Paysha will support BEN even if the transactions are slow for the first few months due to the problem. Both teams feel as if 10 minute blocks are better in the long run for network and transaction security, regardless of the short term damage. Changing the difficulty now would alter the lifespan of the coin to a degree that would ruin it. It would be mined out too fast. I know it seems like it's broken, but it's the exact opposite. Benjamins network is spiking difficulty to fix itself, rather than allow more Benjamins to be mined ahead of schedule
Thanks for your continued support of Benjamins
I assume the next few pages will be extremely negative, and it's deserved, so let's have it
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BEN] Benjamins ◄ SHA-256 ►◄ 12 Exchange Markets ►◄ Cryptsy ►◄ PAYSHA!! ►
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on: March 04, 2014, 08:15:45 PM
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We are going to have a discussion tonight between not only our team, but also Paysha devs and someone from our marketing team to figure out what we are going to do here
The only bad news is that blocks are slower than anticipated. The good news is that your coins are much more rare than thought and the network is secure, so there is no chance of losing anything no matter what we decide to do moving forward
Opinions are always welcome. I have a feeling most will be negative for a little while, but that's fine. Everything else is still on schedule and going to plan
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BEN] Benjamins ◄ SHA-256 ►◄ 12 Exchange Markets ►◄ Cryptsy ►◄ PAYSHA!! ►
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on: March 04, 2014, 07:27:59 PM
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No. The problem is that I fucked up and didn't switch the spacing back between testnet and mainnet
static const int64 nTargetSpacing = 10 * 60;
I have no excuse as to why I didn't notice it until now. We had special numbers for testnet, and I must have forgotten to switch it before the final compile
Should we fork it or roll with the longer block times? It's up to you guys. I fucked up, no excuse
The good news, I guess, is that your Benjamins are about 10 times more rare than they were supposed to be
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BEN] Benjamins ◄ ON PAYSHA!! ►◄ Cryptsy ►◄ Payment Gateway ►◄ #1 SHA Profits
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on: March 04, 2014, 04:36:23 AM
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First mistake was the name, its horrible.
Second mistake is his behavior. The activity trying to pump the coin is too obvious.
Third mistake is the brand. The brand is selling. Benjamin has no brand, i realize nothing when someone tells "benjamin".
I strongly believe that the man who bought the bids at craptsy up to 7000 satoshi was the coin "developer" himself... Now he is unhappy that nobody jumped onto this train. Now you must finish the work at "gaysha" at least a bit to make people "pumply-thinking".
1: The name is sweet, if you don't know what "benjamins" evokes in terms of money, than you are kinda out of the loop. 2: Pumpers and dumpers is what you are doing, low-brow smacking a coin then grabbing some cheap sells. forum trolls trying to smash or pump coins are obvious. 3: See reason #1, its a cool name, and I needed a SHA coin to mine. I mine to hold, not to play markets, though I am sure it is fun. As for you last comments, dude, really? It's good that sock accounts like you exist to give people a reference point as to what not to be. Thanks for that. He can't dump it much further, I'm sure he's out of Benjamins by now. The buy support is strong from here on down
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BEN] Benjamins ◄ SHA-256 ►◄ 12 Exchange Markets ►◄ Cryptsy ►◄ PAYSHA!! ►
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on: March 04, 2014, 02:40:16 AM
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Thanks poogasm, but i am on about your average person that doesnt know these things wanting to invest in a coin it is bad that the devs havnt sprted this when someone opens a wallet for the first time from the start.
In Roaming/Benjamins (if you can't find this, search for %appdata% in start menu), make a .conf file called benjamins.conf and put this in: rpcuser=x rpcpassword=pass rpcallowip=127.0.0.1 rpcport=8109 server=1 gen=0
addnode=162.243.225.132 addnode=79.30.41.82 addnode=79.35.184.193 addnode=178.210.43.53 addnode=37.4.59.204 addnode=188.162.40.145 addnode=67.233.202.8 addnode=66.186.168.160 addnode=70.169.118.178 addnode=216.145.101.106 addnode=123.211.105.43 addnode=50.42.35.91 addnode=46.118.221.232 addnode=124.169.133.2 addnode=86.5.174.41 addnode=151.50.110.59 addnode=184.75.214.210 Then make a .bat in the same folder with your QT and in the .bat type this: Then run the .bat to launch the QT (or you can put -server in the QT itself's parameters) You should add nodes to all coins, even if it syncs without them, to ensure you stay on the proper chain. Hope this helps
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