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Author Topic: [BGC] BagelCoin [No Premine][Low Difficulty][Easy CPU Mine][50 Init Coins/Block]  (Read 1836 times)
szeloof (OP)
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April 03, 2015, 09:33:20 PM
Last edit: April 03, 2015, 10:24:17 PM by szeloof
 #1

BTCBAGELCOINBTC
Bagelcoin is am open source cryptocurrency based on Bitcoin. They both use the same proof of work algorithm: SHA256. Build 1.0.2 of the Windows binaries for the QT wallet is available now for download in the "Release" section of the BagelCoin GitHub page. You can also download the Linux source code.


Exchanges and Mining Pools will be posted shortly.


Coin Properties
•Halving: 21000 blocks
•Initial coins per block: 50 coins
•Target spacing: 10 min
•Target timespan: 24 h
•Coinbase maturity: 5 blocks
•Max coinbase: 2100000 coins
•P2P port: 11025
•RPC port: 21025

To CPU mine, open wallet and go to help -> debug window -> Console and then type "setgenerate true"
To view mining statistics, type "getmininginfo"

Why does this exist? Why not.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Shadow_Runner
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April 03, 2015, 09:33:37 PM
 #2

Coingen?
DougB62
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April 03, 2015, 09:34:18 PM
 #3

Um... why?

Can there possibly be any good reason for this coin? Niche market? NYC Bagel carts? Going to need some more info... though I doubt it'll help.

EDIT: Haha - just noticed the DOGE-Bagel!
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April 03, 2015, 09:36:57 PM
 #4

this looks bullshit Grin

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YuKiang
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April 03, 2015, 09:37:26 PM
 #5

Doge wannabe? lol
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April 03, 2015, 09:45:54 PM
 #6

Coingen?


Is not coingen is coincreator  Grin

shojayxt
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April 03, 2015, 09:54:00 PM
 #7

Stupid
ocminer
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April 03, 2015, 09:55:09 PM
 #8

Aw..  No diff retarget, a pity..

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szeloof (OP)
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April 03, 2015, 09:59:55 PM
 #9

Aw..  No diff retarget, a pity..

Actually yes there is, difficulty re calibration occurs every 24 hours!
homosexuals
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April 03, 2015, 10:10:02 PM
 #10

Stupid
u pussy
bagelcoin goes 0-100 real quick
szeloof (OP)
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April 04, 2015, 01:03:27 AM
 #11

We need good coins, not this shit.

maybe you should get a sense of humor :p
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April 04, 2015, 01:41:17 AM
 #12

DEV,
You do know that today is the first of eight days of Passover.
Meaning, Jews do not eat bread or bagels for eight days.
Good time to launch bagel coin, fail.

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szeloof (OP)
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April 04, 2015, 01:48:41 AM
 #13

DEV,
You do know that today is the first of eight days of Passover.
Meaning, Jews do not eat bread or bagels for eight days.
Good time to launch bagel coin, fail.

haha yeah this coin is meant to be more of a joke than anything else
Tuwie2
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April 04, 2015, 01:51:14 AM
 #14

DEV,
You do know that today is the first of eight days of Passover.
Meaning, Jews do not eat bread or bagels for eight days.
Good time to launch bagel coin, fail.



I really hope no one is trying to eat the coins, even if they did somehow(maybe put wallet on a flash drive and eat that)  I doubt it would qualify as bread Wink

szeloof (OP)
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April 04, 2015, 11:47:18 AM
 #15

DEV,
You do know that today is the first of eight days of Passover.
Meaning, Jews do not eat bread or bagels for eight days.
Good time to launch bagel coin, fail.



I really hope no one is trying to eat the coins, even if they did somehow(maybe put wallet on a flash drive and eat that)  I doubt it would qualify as bread Wink



yeah you're right, and they most likely wouldn't taste too good either.
szeloof (OP)
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April 04, 2015, 12:39:57 PM
 #16

can you guys make sure it doesnt have a virus?
also, is it cpu-only solo mining?

you can check for yourself, but we are 100% sure that it does not contain a virus. Many other people have downloaded the wallet and they have not reported any viruses either. If you mine right through the qt wallet, yeah its solo only. We will be putting a pool up soon to enable pooled mining, but if you or anyone else is inclined to make a pool as well that's definitely acceptable.
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April 04, 2015, 12:59:36 PM
 #17

DEV,
You do know that today is the first of eight days of Passover.
Meaning, Jews do not eat bread or bagels for eight days.
Good time to launch bagel coin, fail.

So dev is anti-Semite? Bad dev!
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