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Author Topic: JKC, the newest Litecoin-based alt coin has arrived!  (Read 54031 times)
layerz
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May 04, 2013, 05:30:12 AM
 #41

How comes I've had 18 transactions but only been paid for 1 block?
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May 04, 2013, 05:31:15 AM
 #42

Pretty much looks to be unanimous.  Failed attempt at a launch of a coin.  

The basics of this coin sounded good.  Just the disastrously low difficulty made it impossible to actually implement.  My recommendation:  Scrap it and try again.  

Charlie Kelly: I'm pleading the 5th.  The Attorney: I would advise you do that.  Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor?  The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law.
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May 04, 2013, 05:31:27 AM
 #43

no chance to get any block here, I'm afraid.

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May 04, 2013, 05:31:47 AM
 #44

Yeeeah, it would be great if we could get a quick relaunch of this coin with a higher initial difficulty.

My Bytecoin P2Pool: http://limitedloot.org:6327
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May 04, 2013, 05:32:03 AM
 #45

I think the idea is good.
Maybe changing it's name, and finding somebody who set a pool the first day, you can make the coin catch a lot of users in the relauch.

The worst enemy of Bitcoin is Mt.Gox exchange.
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May 04, 2013, 05:33:21 AM
 #46

Well...I guess I will buy some then  Grin PM me with your offers if you're looking to offload your newly mined stash Wink
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May 04, 2013, 05:33:28 AM
 #47

I think the idea is good.
Maybe changing it's name, and finding somebody who set a pool the first day, you can make the coin catch a lot of users in the relauch.

I never understand why these coins don't have a pool ready from the moment they announce it. If you don't want to run it for long, run it at least until reliable pool is set up by someone else.

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May 04, 2013, 05:34:07 AM
 #48

We're already at "Day 3 or 4" now.  This is just sad.  

Charlie Kelly: I'm pleading the 5th.  The Attorney: I would advise you do that.  Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor?  The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law.
19GpqFsNGP8jS941YYZZjmCSrHwvX3QjiC
layerz
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May 04, 2013, 05:34:33 AM
 #49

Restarted CG miner and seems to be working better now, but down to 100coins per block already...............

OP how are we on day 3?
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May 04, 2013, 05:34:49 AM
 #50

Ok, we're down to 100 Blocks. So I guess this counts as Day 3.

Abandoning (Junk) ship now ...  Cheesy

EtherScan::Ethereum Block Explorer | BlockScan::Coming Soon
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May 04, 2013, 05:35:21 AM
 #51

6500 so far.  Smiley
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May 04, 2013, 05:35:47 AM
 #52

Well, I liked some of ideas of this coin but it looks it's an epic fail.

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markm
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May 04, 2013, 05:36:51 AM
 #53

Probably even 64 times the difficulty would still not be enough, possibly maybe 1024 might at least not be so totally insane even if even that is not high enough to stay at-or-above the target time between blocks for the initial five days.

-MarkM-

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May 04, 2013, 05:37:05 AM
 #54

Well, I liked some of ideas of this coin but it looks it's an epic fail.

I agree.  Coin has some really good ideas, but this may just be the worst launch of a coin yet due to the low difficulty.  Scrap it and relaunch.  

Charlie Kelly: I'm pleading the 5th.  The Attorney: I would advise you do that.  Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor?  The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law.
19GpqFsNGP8jS941YYZZjmCSrHwvX3QjiC
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May 04, 2013, 05:37:40 AM
 #55

well, i'm off to CHN. if anybody is interested in 1 kilojunk for 10 ltc, i'm selling

Very many profit at http://doge.pool.digiraha.ee
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May 04, 2013, 05:37:59 AM
 #56

miserable me, I got only 2 blocks then all the rest are rejected... big fishes have mercy...

Darn right. We need a small fish coin!
Chant after me
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May 04, 2013, 05:38:21 AM
 #57

If you want to solo mine. Here is my guide

http://maunderingcabal.blogspot.com/2013/02/bitcoin-mining-log-9-how-to-solo-mine.html

You like my post? Buy me a beer for ฿0.01
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May 04, 2013, 05:39:17 AM
 #58

o.0 My Waller just went to 0?! From over 2000
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May 04, 2013, 05:39:41 AM
 #59

Less than fifty minutes to run through five days, and that is with the majority of miners hashing wasted on orphans.

So initial difficulty probably needs to be multiplied by more than 24 * 5 * (orphanfactor).

Orphanfactor seems anecdotally to be way up near 100 or so...

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May 04, 2013, 05:39:51 AM
 #60

Well, this coin lives up to the name.
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