JKC, the newest Litecoin-based alt coin has arrived!

[dreamhouse]

A new p2pool server running at http://94.254.0.247:19771/

WOPR , could you share your networks.py section if you want to link up?

Is it working? I says "DOA"  

[WOPR]

In the host running p2pool you can open http://127.0.0.1:19327 in browser?

Yes, after putting in the username and rpcpassword from the junkcoin.conf, it gives me this:

Code:

{"result":null,"error":{"code":-32700,"message":"Parse error"},"id":null}

I don't know how to setup p2pool in windows, maybe you need to add the worker port (default is 9327). Here my p2pool launch command in linux:

Code:

python run_p2pool.py --max-conns 60 --net junkcoin -a 7j1m7BFyGViEwByYmdv6y1b11GdoUWDttm -f 0 --give-author 0 --w 19327 --bitcoind-rpc-port 9771 --bitcoind-p2p-port 9772 USERNAME_IN_JUNKCOIN.CONF PASSWORD_IN_JUNKCOIN.CONF

* Replace '-a 7j1m...' with your JKC address
** USERNAME_IN_JUNKCOIN.CONF and PASSWORD_IN_JUNKCOIN.CONF same as junkcoin.conf

[LeftToeCut]

A new p2pool server running at http://94.254.0.247:19771/

WOPR , could you share your networks.py section if you want to link up?

Is it working? I says "DOA"  

It does work

[dreamhouse]

Yes works now, nice

[sunsofdust]

Ya, it looks like it is working. Nice Job!

[wndrbr3d]

Why is a coin with a 1,000,000 premine a viable alt now? People about lost their fucking minds when IXcoin had a premine of ~500,000 coins, but for some reason everyone is just super cool with this.

Ya'll are fucking fickle. 

[LeftToeCut]

listen , let me explain ...

[champbronc2]

The reason JKC will never take off is because it was made to be JUNK. It's fucking intention was to FAIL.

It's making a fool out of all of you.

[dreamhouse]

Why is a coin with a 1,000,000 premine a viable alt now? People about lost their fucking minds when IXcoin had a premine of ~500,000 coins, but for some reason everyone is just super cool with this.

Ya'll are fucking fickle.

man, open your eyes wide and read the posts. The 1mil is premined for the reserved bounty. The creator did not take it, it serves for reserved bounty for mining pools, websites, promotions, eventual exchanges, etc, etc, it promotes the value of all who holds the JKC. What is wrong with it? Also it is stated clearly in the initial post, nothing is hidden. After the coin launched, I saw there were people reported the block number is something like 150 or 170 (I don't remember the exact number), did you ever see this happen to any other coins?

It is different than other insider priminings. Like when CNC launched here 2000 blocks already mined?

[dreamhouse]

The reason JKC will never take off is because it was made to be JUNK. It's fucking intention was to FAIL.

It's making a fool out of all of you.

I agree with this. We should change its name. I don't like its name either.
The problem is too late to change now... I propose we call it "JKC Coin"  

[markm]

It should be JNK; JKC is JoKeCoin, which isn't ready to be announced yet because mining its genesis block without a few dozen huge GPU farms is going to take a few months.

-MarkM-

[wndrbr3d]

man, open your eyes wide and read the posts. The 1mil is premined for the reserved bounty. The creator did not take it, it serves for reserved bounty for mining pools, websites, promotions, eventual exchanges, etc, etc, it promotes the value of all who holds the JKC. What is wrong with it? Also it is stated clearly in the initial post, nothing is hidden. After the coin launched, I saw there were people reported the block number is something like 150 or 170 (I don't remember the exact number), did you ever see this happen to any other coins?

It is different than other insider priminings. Like when CNC launched here 2000 blocks already mined?

Wooow, you are just swimming in the Kool Aid. Those 1,000,000 coins belong to who, some magical MCP? Perhaps The Architect like in The Matrix? No, those coins belong to the creator of this junk (aptly named) coin.

I imagine you're relatively new to the alt scene because this scheme has been done time and time again. Anyone remember SolidCoin? I imagine some of you get-rick-quickers haven't even heard of it. Yeah, these pre-mine bounties never pan out.

Junk Coin SPECIFICALLY is a pump and dump and basically admits as much due to the high payouts to early adopters (and the million coins to the founder).

[dreamhouse]

Wooow, you are just swimming in the Kool Aid. Those 1,000,000 coins belong to who, some magical MCP? Perhaps The Architect like in The Matrix? No, those coins belong to the creator of this junk (aptly named) coin.

I imagine you're relatively new to the alt scene because this scheme has been done time and time again. Anyone remember SolidCoin? I imagine some of you get-rick-quickers haven't even heard of it. Yeah, these pre-mine bounties never pan out.

Junk Coin SPECIFICALLY is a pump and dump and basically admits as much due to the high payouts to early adopters (and the million coins to the founder).

Why you say the 1 mil belong to the creator? Does the bounty paid to the mining pool, wiki/website, exchange, giveaways, faucet, etc etc should be paid by the creator? The reserved bounty, for me, belongs to all of us who hold the JKC. It serves exactly the purpose. And js2082 said before that whatever left will be distributed with faucet or giveaways, he will not take any of it. Isn't that clear to you?

Well the early adopter awards may not be adequate, he probably did not set the init diff high enough, but hey, the other alt coins all use the exact same diff, some you don't see the effect because they are already heavily premined. Give me an example of another alt coin, where after its launch, someone from this forum saw the then block number being less than 1000?

Don't be ridiculous.

[js2082]

new p2pool server running at http://94.254.0.247:19771/

Nice thanks. LeftToeCut please send your wallet ID, I will send you bounty 2000 JKC, the other 3000 JKC will be paid after 3 days continous operation of the pool.

I agree with this. We should change its name. I don't like its name either.
The problem is too late to change now... I propose we call it "JKC Coin"   

Sorry guys, I have to admit that this is my mistake. Like many other alt coins, the launch is not that serious, it was for fun. Anyway I agree that the name is not good, I will change it to JKC or JKC coin as suggested. Thanks.

BTW, Mark, I respect you. You had quite some good suggestions. But please don't play bad guy here. We are here for fun.

[ymer]

JunkCoin is selling for 500 per BTC, get them while they are cheap I predict that they will match BTC value in 25 minutes.

Here's proof: https://bitcointalk.org/index.php?topic=198443.0

[LeftToeCut]

new p2pool server running at http://94.254.0.247:19771/

Nice thanks. LeftToeCut please send your wallet ID, I will send you bounty 2000 JKC, the other 3000 JKC will be paid after 3 days continous operation of the pool.

To make it public and all

7j27TH25TzQJrsbARZi2krh7jQXnDcQSTa

[js2082]

Thanks LeftToeCut, 2000 JKC sent. Please keep up the good work.

[LeftToeCut]

To: 7j27TH25TzQJrsbARZi2krh7jQXnDcQSTa (own address, label: bounty)
Credit: 2000.00 JKC
Net amount: +2000.00 JKC
Transaction ID: 95f001fd2e5025a587a15ce92f3273fb43860c56aee77246351e6a44ed8e0e1d


Bounty received...

https://www.youtube.com/watch?feature=player_detailpage&v=iEe_eraFWWs#t=13s

[spoid]

"JunkieCoin" would probably have its own silkroad very quickly!

[WOPR]

Daily report 

P2Pool has reached 40 MH/s today. LeftToeCut's pool is growing fast (congrats).
We have solved 4 superblocks (150 JKC each, waiting for the megasuperblock)

http://d.evco.in/abe/block/1ad80c028f763375e05b50cc049cbc6246ac75f53ed616b503e63f712ed8e79c
http://d.evco.in/abe/block/bcb12e0b5a8983bc9531eb7d4cccc3f0ab47eb72973809a72db7e5ad08335f7c
http://d.evco.in/abe/block/f8b82c0225c8b0d728e97534affd5d2ff471223ec27a255ff48c167e2a82746f
http://d.evco.in/abe/block/41a80494a27617b95b632a71194cdc8d604446adf17cf4a76678f3c122720246

Thanks for the bounty, js2082!