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Author Topic: [ANN] [N7] [NINJA] number7 [PoW] [NO IPO] [SECOND STEP] [YOBIT]  (Read 8037 times)
number7
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April 08, 2016, 10:49:13 AM
 #41

  • Algorithm:                            Scrypt

Meh.
I 2nd that.

We believe that a simple customer e.g. a merchant doesn't need neither some specific algo nor some interesting, but useless features like Proof of Burn. They need a simple and stable coin with vast and easy ecosystem, low fees and help with setup. This is what we're gonna do.
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CryptoMaik
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April 08, 2016, 11:03:48 AM
 #42


The premine is tooooooo high ....


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number7
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April 08, 2016, 11:06:45 AM
 #43


The premine is tooooooo high ....



The premine is only intended for promotion and development purposes. This is not much, taking into account total coin supply.
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April 08, 2016, 11:26:26 AM
 #44

    Algorithm:                              Scrypt
    Ticker:                                   N7
    RPC port:                                6094
    P2P port:                                6093
    Block reward:                          300 coins
    Height of block halving:             420000 blocks
    Total coin supply :                    270967742 coins
    Premine percent                       7%
    Maturity:                                 7 blocks
    Spacing:                                  7 minutes
    Target timespan:                      14 minutes
    Necessary confirmations:           7 blocks


You have a block time slower than the BTC snailchain. If you're making random adjustments in a copy paste coin anyway, why such a long block time...
number7
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April 08, 2016, 12:09:57 PM
 #45

    Algorithm:                              Scrypt
    Ticker:                                   N7
    RPC port:                                6094
    P2P port:                                6093
    Block reward:                          300 coins
    Height of block halving:             420000 blocks
    Total coin supply :                    270967742 coins
    Premine percent                       7%
    Maturity:                                 7 blocks
    Spacing:                                  7 minutes
    Target timespan:                      14 minutes
    Necessary confirmations:           7 blocks


You have a block time slower than the BTC snailchain. If you're making random adjustments in a copy paste coin anyway, why such a long block time...

We did already receive such feedback, we're working on it and adjusting it.
number7
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April 08, 2016, 12:20:06 PM
 #46

Network successfully pushed. Block 186 and counting. We're adjusting the network.
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April 08, 2016, 01:23:32 PM
 #47

  • Algorithm:                            Scrypt

Meh.
I 2nd that.

We believe that a simple customer e.g. a merchant doesn't need neither some specific algo nor some interesting, but useless features like Proof of Burn. They need a simple and stable coin with vast and easy ecosystem, low fees and help with setup. This is what we're gonna do.

scrypt is bad because gpu miners will not touch this coin and will not pump it

number7
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April 08, 2016, 01:27:00 PM
 #48

  • Algorithm:                            Scrypt

Meh.
I 2nd that.

We believe that a simple customer e.g. a merchant doesn't need neither some specific algo nor some interesting, but useless features like Proof of Burn. They need a simple and stable coin with vast and easy ecosystem, low fees and help with setup. This is what we're gonna do.

scrypt is bad because gpu miners will not touch this coin and will not pump it

That's true, but pumping and dumping is not our goal. We are aiming to create some crypto-payments infrastructure in Russia and EAU, so the price will be regulated by the real demand, not just market speculations.

BTW, the network has successfully adjusted for the computing powers of our miners, so it's running now 192 block on 2.71 difficulty.
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April 08, 2016, 01:42:44 PM
 #49

  • Algorithm:                            Scrypt

Meh.
I 2nd that.

We believe that a simple customer e.g. a merchant doesn't need neither some specific algo nor some interesting, but useless features like Proof of Burn. They need a simple and stable coin with vast and easy ecosystem, low fees and help with setup. This is what we're gonna do.
But no profit for gpu miners generating the coin with that algo..... that's all I'm saying Smiley

It's all a question of balance.
number7
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April 08, 2016, 01:53:38 PM
 #50

  • Algorithm:                            Scrypt

Meh.
I 2nd that.

We believe that a simple customer e.g. a merchant doesn't need neither some specific algo nor some interesting, but useless features like Proof of Burn. They need a simple and stable coin with vast and easy ecosystem, low fees and help with setup. This is what we're gonna do.
But no profit for gpu miners generating the coin with that algo..... that's all I'm saying Smiley

Well, yeah, this is probably true.
kondiomir
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April 08, 2016, 02:26:59 PM
 #51

  • Algorithm:                            Scrypt

Meh.




   
  • Spacing:                                  7 minutes
  • Target timespan:                      14 minutes
  • Necessary confirmations:           7 blocks


Meh.  Wink
muchoman
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April 08, 2016, 02:36:33 PM
 #52

Well, if I had free electricity maybe then  Wink
number7
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April 08, 2016, 02:44:32 PM
 #53

  • Algorithm:                            Scrypt

Meh.




   
  • Spacing:                                  7 minutes
  • Target timespan:                      14 minutes
  • Necessary confirmations:           7 blocks


Meh.  Wink

We are always open to any suggestions and are rethinking those values. Any constructive critics is always welcome.
TorontoR
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April 08, 2016, 04:46:19 PM
 #54

New Pool Number7

http://mineblocks.no-ip.org:2627/pool/N7/

--------------


Configure Your Miners

stratum+tcp://mineblocks.no-ip.org:3350 -u YOUR WALLET -p x

Happy Mining Smiley

Rewards : 7JKYngtKbAsiY5ALmQEccauAprnn8oMTdz

Answer me one question why you host only garbage coins on your pool , i didn't see any normal coin on your scam pool.Do you launch this retarded coins Huh?

1 nobody said you had to get in my pool

2 if I have shit in my pool is my problem

3 all you do is criticize so your life does not have to be great fun

4 nobody asked your opinion you can stick it in your ass

5 peace Smiley

1 I never mined and will not mine on your scam pool

2 Creating and hosting scam coins make miners loss money ,so that is a problem

3 I only criticize scam coins and scammers like you because you deserve nothing better

Your life looks like fun creating and hosting shit coins and making 5 to 10 $ on them - pathetic

4 Nobody ask you to creat this shit coin that you can stick it in your ass

5 Stop that and never come back
number7
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April 08, 2016, 06:36:31 PM
 #55

The roadmap has been updated a bit.

neonil
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April 08, 2016, 06:56:34 PM
 #56

  • Algorithm:                            Scrypt

Meh.
I 2nd that.

Are you trying to make walletbuilders go bankrupt? 

Who cares that it's an older algorithm with ASICs out to prevent a fair share to the hobby miner or community?

Oh wait I do.
number7
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April 08, 2016, 07:01:41 PM
 #57

  • Algorithm:                            Scrypt

Meh.
I 2nd that.

Are you trying to make walletbuilders go bankrupt? 

Who cares that it's an older algorithm with ASICs out to prevent a fair share to the hobby miner or community?

Oh wait I do.

number7 is not intended for market games, so ASICs out is more a blessing than a curse to us.
Mantome
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April 09, 2016, 05:27:24 PM
 #58

Any secret about this coin ? The DEV said they are a big Team and then here got silence Suddenly.
Selsonblue
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April 09, 2016, 05:28:17 PM
 #59



What is number7?


number7 is the equivalent of money, trying to make the world a better place. number7 is a pure PoW no IPO coin.
number7 is only the first step towards a new financial world that we are developing. Our main goal is to create of a monetary equivalent that will grant you the freedom from external control, that will allow you to manage your funds anywhere and everywhere around the world.




Our goal

Our goal is to create a usable payment system, based on a cryptocurrency for the Russian Federation and EAU markets. Aсcording to our research this market is still one of the biggest apples, though very difficult due to non-friendly to the crypto legislation. Why do we think we may achieve something big here? Our lawyers and economists have found enough breaches in the legal field to make it real.  We believe that what real people need is a simple and stable coin with vast and easy ecosystem, low fees and help with setup. This is what we're gonna do.



  • Algorithm:                              Scrypt
  • Ticker:                                   N7
  • RPC port:                                6094
  • P2P port:                                6093
  • Block reward:                          300 coins
  • Height of block halving:             420000 blocks
  • Total coin supply :                    270967742 coins
  • Premine percent                       7%
  • Maturity:                                 7 blocks
  • Spacing:                                  7 minutes
  • Target timespan:                      14 minutes
  • Necessary confirmations:           7 blocks
  • Wallets are available for:           Windows, OSX, Ubuntu




I like ninjawarrior
number7
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April 10, 2016, 02:07:07 PM
 #60

Any secret about this coin ? The DEV said they are a big Team and then here got silence Suddenly.

Well, the thread has been silent as there were no questions, requests or suggestions. We can't say that the team is really big, but we've got a couple of devs (for web and the crypto itself), the journalist, the lawyer, the economist and two guys at support team, so I suppose, our view is more complex than many of the projects with similar ideas before.
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