Not this rubbish again. Didn't we already read this crap?

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ALL cryptocoins?

Just for shits and giggle, I'll bid 0.31 BTC.

I paid my donation, so I'm definitely not bashing anyone;) I was replying to refer_2_me's comment that there should be a level of accountability, when in this case there actually isn't. mtrlt can take our money and run, and that's his prerogative. Maybe some will pursue him legally, he'll definitely be scorned, but there's virtually no accountability. We have sent our donation, and we trust that he will deliver, whether that trust is misplaced or not.

I've got a clone of this that I'm preparing.

I'm calling it SecondBestCoin.

LOL - resorting to an ad hominem attack just shows how low your self-esteem is, buddy.

Again: asking the question you asked shows either that you are not competent enough to play in this space. There is no need for redundant, copy-paste currencies. If you have an honest-to-goodness original idea, then implement it using Bitcoin or Litecoin or some other existing, established cryptocurrency as a base. If you have an idea for a feature to be added to cryptocurrencies, then pay a developer to add it to an existing tree. There is simply no value in a non-technical person forking any of the existing projects unless they have a technical reason to. Greed and "economic reasons" ala vlad2vlad's failed nuggets idea are not cryptographically or technically substantial reasons to fork.

Also, claiming to have been a "global product head of a bank channel" when you know nothing about any of us and what we do just invalidates your attempt at bragging and makes you look...well...rather pathetic.

There's no "accountability" in open source software - and let's not kid ourselves, this is FOSS. That the developer is taking donations for a prerelease does not change the fact that it will be released under GPL or similar licensing, so there's no "company" to shout at. Everyone needs to disconnect from their pseudoreality where they equate sending a donation to a FOSS developer to paying a company for a piece of software. As KickStarter and Indiegogo have demonstrated, even the legal framework around donating to an incomplete piece of software/hardware is murky, and backers may find themselves fresh out of luck with no legal recourse to reclaim their funds.

Are you going to update the original repo?

root@mstat:~/MEMECoin# git pull
Already up-to-date.

WTF - they had scheduled maintenance where they had to rebuild the blockchain and they didn't think to put it in a separate directory (eg. ~/.litecoin2) or simply bring the pool down for the 30 mins it would take to resync? Seriously.

Reddit thread: http://www.reddit.com/r/litecoinmining/comments/1jfchi/wth_is_going_on_with_hypernova/

I've also got 9 connections on the daemon, so I don't think it's dead just yet. Is the only exchange the MEM/LTC Cryptsy exchange?

That's it. I'm launching Poopcoin.

HAHA HHAHAHAHA HAH AHAAHAH AHA HAHAHAH AH AHA.

"a few months"

Mid-level C/C++ developers, particularly in a niche space like OpenCL/CUDA development, don't work for less than $4000/month. That does not include additional costs an employer would incur - equipment, unemployment insurance, consumables, administrative costs, office space, furniture for that developer, heat/lighting/water/electricity, and so on. Even amortised over many developers, those costs can easily add $1500 to the raw cost of a developer's salary.

Thus, you can understand why freelancers who are worth their salt don't work for under $50/hour (they have to cover those overheads on their own). In the initial intense phases of a new project like this, a developer can EASILY spend 10 hours a day on it - many days they can clock 16 hour work days. Even at 10 hours a day, the $6000 would only pay for 12 work days - that's a little over 2 weeks not including weekends (ie. quite a bit under 2 weeks if we factor in long work days and the occasional piece of weekend work). $6000 is a pittance, a bit of piss in a bucket for the level of work that the (sole!) developer will have to put in now and the amount of effort he'll have to put in on an on-going basis to support this. Do you think people will donate any substantial amount once they're using it and raking in tens of thousands of Dollars? Not a chance. People are greedy as fuck.

So no, we would not be able to pay "a professional programmers salary for a few months". We would possibly get a mid-level engineer for two solid weeks, or a senior dev for a bit less time.

Also, if there's any doubt as to my credentials on this subject: not only have I been a developer (professionally) for just over 14 years, but for the last 6 years I've moved beyond a team leader role and have been the senior manager of a major (local) dev house until I quit my job last year October to do my own thing. I know a thing or two about the financial implications of building or extending software.

A very humble and heartfelt apology - something rare in the community!

Please don't. If you have to ask how you're not technically competent enough to launch another coin into the quagmire of copy-paste, useless derivatives out there.

Most botnets have complete access to Windows machines; running a windowed application completely hidden is a trivial exercise.

Please don't be that guy. There is no logical way to conclude that an ASIC is even possible, given the memory requirements of scrypt hashing. If you're going to spend money then phone the company, get all the info you want, and ask for a video demonstration of it hashing!

What are you talking about? There's no discrepancy - why would there be a link between an altcoin's trading position against BTC and its position against LTC?? The market defines the positions, there's no relationship.

I don't - I trust that the lack of source code is dodgy. That is not to say it is malicious, but providing source code is a legal requirement in this instance - it is forked from a project governed by a GPL 3 license.