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Author Topic: [ANN][NSC] New Spring Coin - The real cash-back crypto! Proof-Of-Chain, PoS/PoW  (Read 2717 times)
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New Spring Coin (OP)
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May 30, 2015, 06:20:04 PM
Last edit: May 31, 2015, 08:44:13 AM by New Spring Coin
 #1

Earn by mining, earn by holding, earn by spending!
Each time you send your coins - you receive 5% cash-back from premine wallet if your coins have enough confirmations!



Coin Specifications:

Total coins: 100 mln
PoW/PoS Hybrid (20% annual interest)
Intial POW distribution (50 mln premime for cash-back distribution)
Algo: X11
Block target time: 5 mins
Block maturity: 60 confirmations
Cash-back: 5% (for spending 2000+ confirmations / ~10 day old coins)
(cash-back is sent after 10 confirmations of your transaction)

Initial Distribution:
NSCoins have been sent to over 4 million unique addresses pulled from BTC blockchain!
If you own BTC - you already own NSCoins!



How to claim your NSC:
1) Download and compile sources or take a binary
2) Run NewSpringCoin-Qt and syncronize blockchain
3) Export your Bitcoin wallet.dat to plain-text format and import it to NewSpringCoin
4) Restart NewSpringCoin-Qt with -rescan option


Roadmap:

Past Events:
- 10 mln NSCoins were sent to 2+ mln unique addresses with non-dust unspent outputs as of bitcoin block 350000.
Each address received 4.75196636 NSC.
Done.

- NSCoins were sent to new unique addresses with unspent outputs as of bitcoin block 352000, 354000, 356000, 358000
Each address received 4.75196636 NSC.
Done.

Future Events:

- Sending 4.75196636 NSC for each address with non-dust amount for bitcoin blocks 360000, 362000, 364000 etc each 2k block

- June: Official web site

- July: Block-explorer, wallets for linux, osx

- August: New wallet design

- September: Official opening without restarting blockchain

- October: Lite client for Android
SecondsOld
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May 30, 2015, 06:21:38 PM
 #2

Interesting distribution method and innovative cash back technique. 

What happens when the premine runs out, cash back ends?
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May 30, 2015, 06:22:38 PM
 #3

Old coin?
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May 30, 2015, 06:23:49 PM
 #4

reserved

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( ͡° ͜ʖ ͡°)


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May 30, 2015, 06:27:37 PM
 #5

Cool logo  Grin

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May 30, 2015, 06:29:56 PM
 #6

Interesting distribution method and innovative cash back technique. 

What happens when the premine runs out, cash back ends?
Yes. All premine will be distributed as cashback & Proof-of-Bitcoin
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May 30, 2015, 06:31:14 PM
 #7

Uh:

./NewSpringCoind getinfo
{
    "version" : "v1.0.2.0",
    "protocolversion" : 60013,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 220,
    "timeoffset" : 0,
    "moneysupply" : 50010950.00000000,
    "connections" : 2,
    "proxy" : "",
    "difficulty" : {
        "proof-of-work" : 43.50984206,
        "proof-of-stake" : 0.00024414
    },
    "testnet" : false,
    "keypoololdest" : 1433010191,
    "keypoolsize" : 101,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "errors" : ""
}

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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May 30, 2015, 06:31:43 PM
 #8

Only 50% premine

sorry but i don't trust you

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May 30, 2015, 06:36:46 PM
 #9

Only 50% premine
sorry but i don't trust you
You should not trust me. Trust blockchain.
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May 30, 2015, 06:37:09 PM
 #10

Uh:

./NewSpringCoind getinfo
{
    "version" : "v1.0.2.0",
    "protocolversion" : 60013,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 220,
    "timeoffset" : 0,
    "moneysupply" : 50010950.00000000,
    "connections" : 2,
    "proxy" : "",
    "difficulty" : {
        "proof-of-work" : 43.50984206,
        "proof-of-stake" : 0.00024414
    },
    "testnet" : false,
    "keypoololdest" : 1433010191,
    "keypoolsize" : 101,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "errors" : ""
}



Wuuuuuttttt???
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May 30, 2015, 06:37:34 PM
 #11

Only 50% premine

sorry but i don't trust you

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so i must give my btc wallet.dat to your coins source code to handle?
looks great.. where is the backdoor?

Olegcho
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May 30, 2015, 06:38:16 PM
 #12

Only 50% premine
sorry but i don't trust you
You should not trust me. Trust blockchain.

// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{

    int64_t nSubsidy = 50 * COIN;
 
   if(pindexBest->nHeight == 1)
    {
        nSubsidy = 50000000 * COIN;
    }

        else if(pindexBest->nHeight <= 10)                          WTF is this?! Copy pasted from somewhere... such optimisation
    {                                                                             if nHeight <=10 nSubsidy = 50 * COIN;
        nSubsidy = 50 * COIN;                                            if nHeight >10 nSubsidy = 50 * COIN;
    }
        else if(pindexBest->nHeight > 10)
    {
        nSubsidy = 50 * COIN;
    }
hack_
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May 30, 2015, 06:39:39 PM
 #13

Only 50% premine
sorry but i don't trust you
You should not trust me. Trust blockchain.

// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{

    int64_t nSubsidy = 50 * COIN;
 
   if(pindexBest->nHeight == 1)
    {
        nSubsidy = 50000000 * COIN;
    }

        else if(pindexBest->nHeight <= 10)
    {
        nSubsidy = 50 * COIN;
    }
        else if(pindexBest->nHeight > 10)
    {
        nSubsidy = 50 * COIN;
    }

Olegcho
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May 30, 2015, 06:42:54 PM
 #14

int64_t GetProofOfWorkReward(int64_t nFees)
{

    int64_t nSubsidy = 50 * COIN;
 
   if(pindexBest->nHeight == 1)
    {
        nSubsidy = 50000000 * COIN;
    }

       else if(pindexBest->nHeight <= 10)                          WTF is this?! Copy pasted from somewhere... such optimisation
   {                                                                             if nHeight <=10 nSubsidy = 50 * COIN;
       nSubsidy = 50 * COIN;                                           if nHeight >10 nSubsidy = 50 * COIN;
   }
        else if(pindexBest->nHeight > 10)
    {
        nSubsidy = 50 * COIN;
    }



LOL at this!!!
newbie scammer Smiley get job
kondiomir
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May 30, 2015, 06:44:25 PM
 #15


3,181.61%

Of Expected Shares @suprnova.

Stuck on block 220. Game over Smiley

I hope no one has rented ...
Olegcho
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May 30, 2015, 06:47:07 PM
 #16

+ 209 blocks premined and he made checkpoint of it (2 hours before the release) Cheesy

so the premine is 50% + 1 day of mining
samspaces
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May 30, 2015, 06:49:38 PM
 #17

That was 0.002 btc well spent...
ocminer
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May 30, 2015, 06:51:05 PM
 #18

Seems like the Coin is stuck at 220 ...

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
Olegcho
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May 30, 2015, 06:53:21 PM
 #19

well the genesis is from 03/23/2015 @ 2:16am (UTC)
Can someone share when the first block was mined because i don't want to download this shit Smiley
maybe the dev will start staking soon Smiley
ocminer
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May 30, 2015, 06:55:53 PM
 #20

I'm shutting the pool again, the daemon is definitely stuck at block 220, maybe you want to switch your rigs to another coin, sorry for the wasted time !

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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