with the lemons! (OP)
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March 08, 2016, 11:53:14 PM Last edit: June 24, 2016, 07:43:06 PM by with the lemons! |
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I've been watching alt-coin scene for few years now. I noticed that many coins are lacking in several aspects. Either they are created by inexperienced developers, they use algorithm which makes mining uninteresting for most people or they lack the funds and people. While there are many algorithms on scene, most are "overcrowded". I decided to use algorithm Argon2 which is winner of Pasword Hashing Competition and is one of the most secure algorithms available today. Other Argon2 coins suffer from bad design choices during implementation and are terribly slow. LemonCoin is using latest uᴉoɔʇᴉq Core base and uses expensive hash only in PoW hash itself. Other hashing is done using fast hashing algorithms. As result, syncing is fast and it will be possible to use LemonCoin in mobile environment, saving battery-power and not frying user's hands.
To get LemonCoin in the spotlight and to provide funds for further development and marketing, 10M coins will be sold in ICO. In total, 31M LEMON will mined during whole mining period. Ticker: LEMON PoW algorithm: Argon2 + Scrypt-jane(SCRYPT_SALSA64 SCRYPT_SKEIN512) Block time: 60 Seconds Coinbase maturity: 60 blocks Supply: 31 000 000
Mining rewards 20 LEMON per block, halving every 525 000 blocks (approximately every year) If you are really lazy, all you need to do is enter command "setgenerate true" in wallet console However, mining using standalone miner is recommended. You can download Argon2 miner here or you can clone the repository Just make sure your lemoncoin.conf contains these lines rpcuser=SomeUsername rpcpassword=SomePassword rpcport=28443 rpcallowip=127.0.0.1 server=1 daemon=1 listen=1 and you can start miner with this command/bat file cpuminer -o http://localhost:28443 -u SomeUsername -p SomePassword --no-getwork --coinbase-addr=YourLemonCoinAddress
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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mammix2
Legendary
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March 08, 2016, 11:56:07 PM |
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Why an ICO? the last Argon2 coins did well just off mining alone
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1HfpFYxBUpQ941mKd4DEjsyA22HN4Kerzu
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cjmining
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March 09, 2016, 12:01:31 AM |
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I will keep an eye on this one.
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Crypto Nuy
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Activity: 7
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March 09, 2016, 12:06:30 AM |
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Watching.
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jeremy grol
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March 09, 2016, 12:11:25 AM |
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ICO based on which roadmap? No ico please.
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e1ghtSpace
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Crypto since 2014
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March 09, 2016, 12:16:06 AM |
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ICO based on which roadmap? No ico please.
Yes, please don't do an ICO.
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LEONPATTON
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March 09, 2016, 12:34:08 AM |
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Do the ICO and stick it to the miners who believe the alt coin scene is beholden only to them. When is the ICO, which exchange?
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with the lemons! (OP)
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March 09, 2016, 12:42:43 AM |
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Do the ICO and stick it to the miners who believe the alt coin scene is beholden only to them. When is the ICO, which exchange?
Most likely tomorrow, on YoBit.
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LEONPATTON
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March 09, 2016, 01:16:22 AM |
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Will you have a wall? How much per coin?
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z38630610
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March 09, 2016, 01:48:30 AM |
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what ico ? hoho my bitcoin ,for ico , my cash
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Crypto Nuy
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March 09, 2016, 03:41:08 PM |
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[quote Most likely tomorrow, on YoBit. [/quote]
Dam i hate Yobit ICO's too many people buy in then dump because they are scared to lose the 50 cents they invested.
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shojayxt
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March 09, 2016, 05:40:04 PM |
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Do the ICO and stick it to the miners who believe the alt coin scene is beholden only to them. When is the ICO, which exchange?
How does it stick it to the miners? There is still a POW mining. An ICO is just an easy way to cash in. P.S. Without miners there would be no altcoin scene.
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with the lemons! (OP)
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March 09, 2016, 07:53:01 PM |
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I'm not, I decided on name long before I saw that coin you linked.
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AltcoinSteps
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March 09, 2016, 08:15:08 PM |
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I'm not, I decided on name long before I saw that coin you linked. so you decided about coin name over 2 years ago?
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Steps - Let's make a new altcoin environment. | Join Us Now!
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jeremy grol
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March 09, 2016, 11:22:06 PM |
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I see nothin here. Even a shittie roadmap. Good luck.
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CryptoWitch
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This is my life. This is my path.
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March 09, 2016, 11:24:36 PM |
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I remember two Argon2 coins, OPES and MMXVI both turned out to be a disaster. They had the same hypers!
Maybe this is their 3rd project???
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Crypto Nuy
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March 10, 2016, 12:08:27 AM |
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I remember two Argon2 coins, OPES and MMXVI both turned out to be a disaster. They had the same hypers!
Maybe this is their 3rd project???
Swiftly moving on.
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mmm01
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Merit: 1053
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March 10, 2016, 03:57:46 AM |
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will watch this good luck to you
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