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Author Topic: [2015-10-11]CCN-42 COIN HITS 48 COINS  (Read 548 times)
tolikkk (OP)
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October 07, 2015, 09:03:19 PM
 #1

Months ago, Woodcoin founder “Funkenstein the Dwarf” noticed something was awry with the 42 Coin project. When reviewing the code, he saw that there was nothing, actually, stopping the coin supply from exceeding the apparently magic number of 42. He wrote about it, saying:

The function "getBlockValue" determines the coinbase reward and hence the money supply. What I saw surprised me: the reward was set to be 0.00042 per block, forever. In other words, no limited supply. No cap at 42!

https://www.cryptocoinsnews.com/42-coin-hits-48-coins/
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October 07, 2015, 09:08:34 PM
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Ooops a daisy, kind of kills the coin that doesn't it lol
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October 08, 2015, 12:43:36 AM
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Ooops a daisy, kind of kills the coin that doesn't it lol

That coin was dead on arrival and has been dying ever since.

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October 08, 2015, 08:09:17 AM
 #4

Isn't such a surprise.... sometimes if there isn't the source with the qt/daemon means something is keep hidden to everybody and less trust should be given to the devs

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October 08, 2015, 11:59:53 AM
 #5

Ooops a daisy, kind of kills the coin that doesn't it lol

That coin was dead on arrival and has been dying ever since.

At the very beginning at Cryptsy 1 42Coin was worth +1500BTC. People were buying that shit hoping to own at least 1 coin to be considered a whale.  Cheesy Insta miners made a good bit of money and have left as there is nothing more to gain from it.
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