Ya but this is far from your run of the mill scam coin. This is what bitcoin and litecoin SHOULD be. In the 21st century, transactions need to be instant
Instant transactions are nothing new - Geistgeld did 15 second blocks. Doesn't matter, though, the real test for WDC will be if miners stick around. It will suffer from the same problem as FTC if miners abandon it. Transactions won't be instant if there's a steep drop in hash rate as confirmations will take forever. CNC is going through a similar problem right now. |
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I like the logo, good job!
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I'm sorry but this doesn't seem remotely like a fair launch to me. I was on different coins sometimes a whole day later than this one and had more coins in an hour than I do right now. I now have been throwing 1400 kH/s at this for 2 hours and a 1000 kH/s for an hour before that and have 58 coins to show for it, 5 of those being donated from some nice miner. Part of the fun of a new coin is finding blocks solo, I remember when I found 2 litecoin blocks in 2 days when everyone said it was not worth soloing a few months after it had launched and that was with a single 4890, lol. I know all my settings are correct as I mine all kinds of different coins and have different cgminer folders for each miner. Infact this is my settings except I turn the intensity up if I am not at the computer, my other 2 PCs are running at 18.
So you're saying a fair launch means get you a ton of coins?  Fair launch means that tons of people get a small amount of coins. Which seems to be the case with this coin. Dude, did you skip the wallet pic with over 5K in it? What's your point, some people mined well over 100,000 FeatherCoins at launch. I am sure some people with big rigs got over 50K WDC in the first few hours as well. The coins seem to be more evenly distributed with this one, like Nibble. |
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It's amusing, but that said, I wouldn't doubt the devs behind CNC, WDC, etc were all mining FeatherCoin before it crashed. They were just smart enough to release their coins under an alt account. relm9, are you not seeing that his mining contract was announced on the 18th of May and lasts 8-10 days? Thus, with digicoin's release, which was supposed to be Tuesday, but apparently was moved forward (suicidal move for a coin's launch, imho), Baritus, the dev of digicoin, would be mining WDC all through the crucial first week of digicoin's existence. Such a terrible message to send to the community. How can we expect much from a dev who does this? What kind of faith can we invest, not to mention our electricity/hash power, in such dev and his coin? It's insulting. I completely agree with you. Still, people adopt coins from devs that have no track record with the community at all - see CHNCoin and WDC. Probably won't stop people from mining this, just saying. He got found out, which is good. But my point is the OP could have hid behind another alias like these other devs and no one would have bat an eye. So think about that when the next coin hits from some 0-poster dev. |
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It's amusing, but that said, I wouldn't doubt the devs behind CNC, WDC, etc were all mining FeatherCoin before it crashed. They were just smart enough to release their coins under an alt account. |
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Why does this coin even exist when it's obviously just trying to cash in on the success of WDC?
Hypocritical much? You can pretty much say the same for any Litecoin clone. If you don't know the difference between LTC and WDC I can't help you, there are countless threads on it. If you look at the block time and difficulty reset times on DigitalCoin you will see that it's almost identical to WDC which are nothing like LTC times. So what, CNC had 60 second block times which was already ridiculously fast. Changing from 60 to 15 to 20 -- it doesn't really matter. Being less a week old WDC hasn't exactly proven itself so if someone thinks they can do better I see no problem with it. |
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Why does this coin even exist when it's obviously just trying to cash in on the success of WDC?
Hypocritical much? You can pretty much say the same for any Litecoin clone. |
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The dev said SmallChange is an experiment, why would it be added to an exchange? Seems risky...
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Anyone making a killing out of free btc sites? The people running them might be making some decent coin, yes. |
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I had my PayPal suspended dozens of times, sometimes for just being late 1 day shipping and they put me through hell drop shipping once. There's something shady at PayPal with bfl. Hope at least all the money is being held.
You didn't make Paypal a shit load of commission, they probably think BFL are amaze balls right now! Paypal take like a 2.9% cut you know... Exactly, if you are a big customer PayPal will work with you. They cut no slack for the little sellers however. |
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0.001/BTC per WDC tops most likely, but who knows. There's been a consistent downward trend in these new alts hitting exchanges.
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I don't think you can extrapolate any rise or fall in price from Google Trends. When someone hears about something for the first time, of course their first instinct will be to scour the internet for information, after that you don't go around searching it daily.
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If you think YAC is going to rise, better to buy and hold.
...or write your own opencl kernel Yes, that too  |
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is it still feasible to invest 35$/month in a 12 core vps to mine yac ?
I don't think so. I'm estimating, but the average 12-core setup would probably get you around 3-4 coins per day. Let's say 120 coins a month best case. At current market rates that's 0.06 BTC, which isn't going to pay off that VPS. If you think YAC is going to rise, better to buy and hold. |
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well, this is just an other coin where only the big players with their mega hash rigs get anything.
last night i was mining for many hours with 200kH/s which is all my cpu+gpu does, i got nothing but orphans.
now i am contributing to a pool and got... 3 nibbles after many hours. 99% of the time i get LONGPOLL detected new block, sometimes a "boo" and almost never a "accepted: 1/1 (100.00%), 155.26 khash/s (yay!!!)"
i was happy at first somebody tried to make a coin that punishes the big players and early adopters but NOTHING has changed you need to have a few MHs or you are doomed with orphans, stales or what ever.
just an other BS coin... sorry
With yacoin at least i made a few 1000 coins but it used a different scypt where everyone even the bit players needed to start from scratch.
With every standard scrypt coin they just fire up their rig they already prepared before the announce and kill the fun for the little players.
What you fail to realize is that everyone is getting less coins. Yea, if he launched it the same way as others you might have gotten 1000 or even 2000 coins if lucky, but the people with bigger rigs would have gotten over 30000+ coins. I haven't been getting orphans since the difficulty switched to 0.25. All in all, got 433 coins on 700 KH/s. I think some people getting tons of rejects might need to look at their cgminer setup, having a stable config is a lot more important for solo mining. With a pool you stand to lose only a small percentage if your config is off, but with solo mining you lose whole blocks if something isn't working right. u soloing or pool ? I went 90% solo. Switched to a pool for like an hour last night and was getting less payouts than I expected. |
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well, this is just an other coin where only the big players with their mega hash rigs get anything.
last night i was mining for many hours with 200kH/s which is all my cpu+gpu does, i got nothing but orphans.
now i am contributing to a pool and got... 3 nibbles after many hours. 99% of the time i get LONGPOLL detected new block, sometimes a "boo" and almost never a "accepted: 1/1 (100.00%), 155.26 khash/s (yay!!!)"
i was happy at first somebody tried to make a coin that punishes the big players and early adopters but NOTHING has changed you need to have a few MHs or you are doomed with orphans, stales or what ever.
just an other BS coin... sorry
With yacoin at least i made a few 1000 coins but it used a different scypt where everyone even the bit players needed to start from scratch.
With every standard scrypt coin they just fire up their rig they already prepared before the announce and kill the fun for the little players.
What you fail to realize is that everyone is getting less coins. Yea, if he launched it the same way as others you might have gotten 1000 or even 2000 coins if lucky, but the people with bigger rigs would have gotten over 30000+ coins. I haven't been getting orphans since the difficulty switched to 0.25. All in all, got 433 coins on 700 KH/s. I think some people getting tons of rejects might need to look at their cgminer setup, having a stable config is a lot more important for solo mining. With a pool you stand to lose only a small percentage if your config is off, but with solo mining you lose whole blocks if something isn't working right. |
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>Block 1 - 2016 @ 1 NIB
>Block 2017 - 4032 @ 2 NIB's
>Block 4033 - 6047 @ 4 NIB's
>Block 6048 - 8063 @ 8 NIB's
>Block 8064 - 10079 @ 16 NIB's
>Block 10080 - 12095 @ 32 NIB's *** Difficulty SHOULD reach 1+ at this point. Total NIB's mined = 127,004
>Block 12096 - 219555 @ 50 NIB's
>Block 219556 - 639555 @ 25 NIB's
After block 10080 : "difficulty" : 0.25000000,"
Didn't quite work out as planned. =3
I believe he meant difficulty should hit 1+ at block 12096 |
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Yeah - I am currently on 100Mbit up/down and confirmed coins just vanished.  Its not like it was confirming - they were shown by the client as fully mined. What the GUI shows can be unreliable - you need to go in the debug console and type listtransactions If the blocks are orphaned they won't be credited. I've actually seen this with every coin I've jumped on early, so... |
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I have access to very fast data - and my coins just disappeared that had said confirmed? Should not be possible imho.
Done with this. Something fishy - too many are having same experience for it to be coincidence.
This has happened with every coin starting at 0 difficulty. Perhaps you jumped on this earlier than you have other coins? Nothing fishy about it. |
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Only 8 coins on Linux so far and I've been mining since block 100 (practically a few seconds after the source went live). I'm also on a very low-latency connection rated at 1gbit. I think it just depends on your luck.
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