Digital Credits : Proof of Burn Discussion Thread | burns canceled do to attacks

[intristin]

Now, someone started to compete with my hash power after seeing my stats

Difficulty level rose from 19,062.6964 to 50,996.8268 within 64 minutes after posting my update

lol, these are things you keep top yourself, 

[MbccompanyX]

Now, someone started to compete with my hash power after seeing my stats

Difficulty level rose from 19,062.6964 to 50,996.8268 within 64 minutes after posting my update

lol, these are things you keep top yourself, 

seems he wants to provoke some kind of fight over the last single block. anyway seems that what i told about the burning of findcoin is getting a bit true... is a little bit sad that is going this way

[kevin1234a]

Now, someone started to compete with my hash power after seeing my stats

Difficulty level rose from 19,062.6964 to 50,996.8268 within 64 minutes after posting my update

no one asked you to show off your stats now bear consequences and wait for the heat to cool down

[ipsec]

My 4 nodes are still up. No idea how many there are beyond that. Gonna leave them up for a few more weeks so people can check the explorer and verify I'm not making shit up. But they will be down mid-month along with the explorer. No idea how many more nodes there are.

Tell me how to make node. I will support this coin .

[Arrakeen]

Why can't I burn my FIND?!

I sell my balance into the buy order, yet it's just placed as a new sell order...at the same exact price as the burn rate.

WTF 



SUCH a coincidence as random errors occur along with movement @ yobit.  Same thing happened with CUBE recently.  Totally not suspicious at all

[MbccompanyX]

Why can't I burn my FIND?!

I sell my balance into the buy order, yet it's just placed as a new sell order...at the same exact price as the burn rate.

WTF 



SUCH a coincidence as random errors occur along with movement @ yobit.  Same thing happened with CUBE recently.  Totally not suspicious at all

it have to be a bug, anyway i'm surprised that even if dgcs price is almost 300 sat now there isn't a panic buy on find (because even if it is at 50 sat each there are almost 100 sat of almost pure earning at the end)

[intristin]

Why can't I burn my FIND?!

I sell my balance into the buy order, yet it's just placed as a new sell order...at the same exact price as the burn rate.

WTF  



SUCH a coincidence as random errors occur along with movement @ yobit.  Same thing happened with CUBE recently.  Totally not suspicious at all

Looks like it's fixed now, I see a few sells anyway. I'm guessing it was lag of some kind.

[HarryPorter]

Burned my FINDs, all works fine for me.

[intristin]

Change is coming. The end of March will see a big update that will add new features and a new algorithm. Details soon to come. I would suggest buying now, the price will go up in the spring.  Those dumping will regret it!

[intristin]

Our site and explorer are down, We are upgrading to a new system. Give us 24 hours. 

[HarryPorter]

Change is coming. The end of March will see a big update that will add new features and a new algorithm. Details soon to come. I would suggest buying now, the price will go up in the spring.  Those dumping will regret it!

Great news, I'll stay watching this coin.

[BlockchainDynamics]

Seems that the burn coin idea has been tried a few times.  This one seems to be doing well.  I like the concept and will read up on what makes this one different. 

[intristin]

Our website is down, but our new explorer is up and can be found here : http://explorer.dcredits.com/

Website will return in a few days.

[intristin]

Ok, website is back up but we could not save the user data so you guys will have to register a new account. I tired to save it but it was not compatible. I still have to add back the forums and chat system, I will do that tomorrow as I'm sleepy. The new block explorer is working nicely by the way.

[BlockchainDynamics]

Cool.  New site and explorer are working quick from over here.

One thing I am having trouble finding an answer to...  Is there a particular number of burns that will occur?  I am wanting to figure out if all the coins reserved for burns will over time be completely distributed and how many burns that is supposed to take place over, or if it is a variable I would like to know that too.

Thanks!

[intristin]

Cool.  New site and explorer are working quick from over here.

One thing I am having trouble finding an answer to...  Is there a particular number of burns that will occur?  I am wanting to figure out if all the coins reserved for burns will over time be completely distributed and how many burns that is supposed to take place over, or if it is a variable I would like to know that too.

Thanks!

We normally do 1 burn each month on a different dead coin. The amount of new credits we release depends on the value of the targeted coin and how much of that coin is in circulation. The burns will continue until the burn fund is completely depleted. We have about 198 million credits left for this purpose, The process could take 5 or 10 years to distribute them all. If we run out of good targets before the fund in depleted, we will destroy whatever is left over. But with the number of dead or dieing coins in the altcoin space I don't see that happening anytime soon. I hope I have answered all your questions.

[intristin]

We have great news, Our Burns will be expanding to multiple exchanges soon, giving you more choices on where to burn your dead alt altcoins. More details coming soon. Only 1 week left to Burn your FIND coins, keep staking and make sure you burn them on the 30th. There will be no extension this time. Please keep in mind that any FIND coins left on BTCPool after the 30th will be considered a donation, you will not be reimbursed.

[bumbacoin]

January 2015 Burn Details.

DATES: NOW until JAN/30/2015

You will be able to burn this coin during the dates shown above and receive Digital Credits in exchange at a set rate. This rate was determined on NOV/29/2015 at 8pm EST time. The exchange rate will not change during the burn. You have until the 30th of December to exchange the target coin for Digital Credits at our Exchange Partner site. Please note that Spacecoin is both Proof of Work and Proof of Stake. This will allow you to mine and stake the coin until the 29th of December and then burn everything on the 30th.

the op could be updated a little

it's next year already .. and might be useful to mention burning FIND specifically with specific dates etc.

[intristin]

January 2015 Burn Details.

DATES: NOW until JAN/30/2015

You will be able to burn this coin during the dates shown above and receive Digital Credits in exchange at a set rate. This rate was determined on NOV/29/2015 at 8pm EST time. The exchange rate will not change during the burn. You have until the 30th of December to exchange the target coin for Digital Credits at our Exchange Partner site. Please note that Spacecoin is both Proof of Work and Proof of Stake. This will allow you to mine and stake the coin until the 29th of December and then burn everything on the 30th.

the op could be updated a little

it's next year already .. and might be useful to mention burning FIND specifically with specific dates etc.

Why you got to make me look bad smarty pants, lol. And fixed. 

[kingaltcoins]

What is the new coin to burn? Avatarcoin, Swagbucks? I would better love to dump these shitcoins and get a good coin, DGCS.