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Author Topic: Create a new SHA256 coin ?  (Read 1887 times)
rammy2k2 (OP)
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May 09, 2013, 03:38:50 PM
 #1

I see so many scrypt ones .. come on .. launch a new SHA256 too !
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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TheSwede75
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May 09, 2013, 03:51:27 PM
 #2

I think we are looking forward and trying to prevent the 1-5% asic owners from raping a new coin.  PPC would have been amazing if it were asic proof.  The time that went into mining and building up bitcoin is part of what helps it hold value.  Also bitcoin transactions take way too long, I love BTC and will continue to hold it, but as far as a fast daily use coin, I feel litecoin is a better option.  Someone here on the forums said it before me, but I can't find it to quote that individual: "Hold BTC for longterm storage, but use LTC (or similar altcoin) for daily transactions."  Not exact quote, but you get the idea.

Anyways that's my 2cents on why all the altcoins are pointed towards scrypt right now.

You do of course not realize that the 'rape' of a new coin and the reason that all the shitty scrypt coins are launched by JR Members is that they are idiots that just wants a quick buck. What is the difference between ASIC mining a new SHA coin quickly and the 'developers' (You really only need to know how to cut and paste) instamining high block rewards for 10 minutes at difficulty 0.
rammy2k2 (OP)
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May 09, 2013, 06:56:47 PM
 #3

i wish some PRO guys to launch a nice SHA256 coin .. not all these lame ass scrypts ...
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May 10, 2013, 01:32:12 PM
 #4

There are more SHA256 coins than most miners bother to merged-mine.

For example the Massively Merged Mining p2pool at dvcstable01.devcoin.org:10332 pays out 100% of the bitcoins (that is, it is a NO FEE POOL for bitcoins) plus it also merges NMC, DVC, GRP, I0C, IXC, CLC and XGG alongside.

A bounty has been offered for tools the operators of such pools can use to share out the proceeds of selling the merged coins, so eventually we will be able to sell the merged coins for devcoins then share out the devcoins to the miners in proportion to the amount of mining they did.

As far as I know no one else even bothers to merge all the coins, Bitparking's merged mine pool for example only mergeds NMC, DVC and IXC.

So there is no need for any more SHA256 coins yet, as we have hardly even begun to make full use of those that we already have.

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May 10, 2013, 02:10:05 PM
 #5

The problem with sha256 right now is ASICs are still limited in availability.
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May 10, 2013, 02:17:45 PM
 #6

OP do you have an ASIC?
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May 10, 2013, 05:58:18 PM
 #7

For example the Massively Merged Mining p2pool at dvcstable01.devcoin.org:10332 pays out 100% of the bitcoins (that is, it is a NO FEE POOL for bitcoins) plus it also merges NMC, DVC, GRP, I0C, IXC, CLC and XGG alongside.

How to join this pool?
I don't see a registration link on dvcstable01.devcoin.org:10332... ?

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May 10, 2013, 06:17:52 PM
 #8

Butthurt ASIC owner gathering thread?

bitdwarf
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May 10, 2013, 06:27:18 PM
 #9

Butthurt ASIC owner gathering thread?


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rammy2k2 (OP)
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May 10, 2013, 09:27:05 PM
 #10

OP do you have an ASIC?

no, i have FPGA, i dont understand why everybody trolls abt asics bla bla .. im just sayng my opinion .. there are some many script .. i wish there could be some top coins for sha256 too
xibeijan
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May 10, 2013, 09:34:15 PM
 #11

I see so many scrypt ones .. come on .. launch a new SHA256 too !

Why not at SHA3 instead?  Here's one http://www.yacoin.org/about.html

N.B.  Keccak512 is SHA-3

Notable projects 2019: Semux, Dero, Wagerr, BEAM
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May 10, 2013, 09:38:04 PM
 #12

What about Maria 2.0?

Its all about what the people want...
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May 10, 2013, 09:56:34 PM
Last edit: May 11, 2013, 08:26:59 AM by collapse
 #13

I see so many scrypt ones .. come on .. launch a new SHA256 too !

After read your post ...

[ANN] After others, another useless coin, sha256, Trollcoin, massive premining, rewards 10BAC, 1BAC after,..
Bad coded, bad support, nothing different,...
This is a compilation of two projects by two groups: ScaCoin project, and MNova project.
It is possible to join all features in one coin, Trollcoin:
http://sourceforge.net/projects/trollcoin/?source=directory

To run it, compile:  
Quote
bartercoin-qt -addnode=trollcoin.no-ip.biz:44444

Note: You should not mine useless coins,..., only for testing purposes,....,nothing more. It's not difficult to do a "working"* clone, really difficult, it's do something good. Requires years, ..., and more.


*
Quote
23:51:11
{
"blocks" : 206,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 1.00000000,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 0,
"pooledtx" : 0,
"testnet" : false
}


Note: This coin it's a joke.

Elacoin-ELC,Betacoin-BET,Neutroncoin-NTRN,Americancoin-AMC,Stronghands-SHND,Craftcoin-CRC,DOGE,BCH,BTC,...,Bitcoin,...(and a lot more)
Linux updated wallets (source code) for: ELC, BET, AMC, NKT, SLING, CRC,...
[if (blocknumber > 115000) maxblocksize=largerlimit]   [I don't think the threshold should ever be 0.  We should always allow at least some free transactions.]
meteors2888
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May 11, 2013, 08:54:02 AM
 #14

I see so many scrypt ones .. come on .. launch a new SHA256 too !

After read your post ...

[ANN] After others, another useless coin, sha256, Trollcoin, massive premining, rewards 10BAC, 1BAC after,..
Bad coded, bad support, nothing different,...
This is a compilation of two projects by two groups: ScaCoin project, and MNova project.
It is possible to join all features in one coin, Trollcoin:
http://sourceforge.net/projects/trollcoin/?source=directory

To run it, compile:  
Quote
bartercoin-qt -addnode=trollcoin.no-ip.biz:44444

Note: You should not mine useless coins,..., only for testing purposes,....,nothing more. It's not difficult to do a "working"* clone, really difficult, it's do something good. Requires years, ..., and more.


*
Quote
23:51:11
{
"blocks" : 206,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 1.00000000,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 0,
"pooledtx" : 0,
"testnet" : false
}


Note: This coin it's a joke.

It maybe a virus. Angry
hdclover
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May 11, 2013, 08:56:43 AM
 #15

and get ripped by asic ? no thanks

Blah blah
collapse
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May 11, 2013, 09:42:45 AM
Last edit: May 11, 2013, 06:13:56 PM by collapse
 #16

It maybe a virus. Angry

No virus,..., compile it:
Jokecoin: http://sourceforge.net/p/trollcoin/code/ci/master/tree/

Something new? No.


Note: This coin, it's a joke.

Elacoin-ELC,Betacoin-BET,Neutroncoin-NTRN,Americancoin-AMC,Stronghands-SHND,Craftcoin-CRC,DOGE,BCH,BTC,...,Bitcoin,...(and a lot more)
Linux updated wallets (source code) for: ELC, BET, AMC, NKT, SLING, CRC,...
[if (blocknumber > 115000) maxblocksize=largerlimit]   [I don't think the threshold should ever be 0.  We should always allow at least some free transactions.]
de_xt
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May 11, 2013, 09:53:06 AM
 #17

In the readme it says it isn't finished.

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tom_o
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May 11, 2013, 11:05:43 AM
 #18

Note: This coin, it's a joke.

You need to work on your comedy mate... I see no one laughing.
collapse
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May 11, 2013, 12:26:00 PM
 #19

Note: This coin, it's a joke.

You need to work on your comedy mate... I see no one laughing.

Perhaps, they have other type of sense of humor.

Elacoin-ELC,Betacoin-BET,Neutroncoin-NTRN,Americancoin-AMC,Stronghands-SHND,Craftcoin-CRC,DOGE,BCH,BTC,...,Bitcoin,...(and a lot more)
Linux updated wallets (source code) for: ELC, BET, AMC, NKT, SLING, CRC,...
[if (blocknumber > 115000) maxblocksize=largerlimit]   [I don't think the threshold should ever be 0.  We should always allow at least some free transactions.]
markm
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May 11, 2013, 02:29:04 PM
 #20

For example the Massively Merged Mining p2pool at dvcstable01.devcoin.org:10332 pays out 100% of the bitcoins (that is, it is a NO FEE POOL for bitcoins) plus it also merges NMC, DVC, GRP, I0C, IXC, CLC and XGG alongside.

How to join this pool?
I don't see a registration link on dvcstable01.devcoin.org:10332... ?

It is p2pool.

Use a bitcoin address as username, password isn't even used just anything can be put as password.

The bitcoins go out in the coinbases transactions.

It is effectively just a zero fee bitcoin-mining pool so far because there is not yet any tool for paying any extra yet, p2pool cannot do "negative fees" so cannot be set to send out more bitcoins than it mines.

So a bounty has been set up for a tools that can divvy up coins in proportion to work. With such a tool a pool could sell all the altcoins for devcoins and send out devcoins, since devcoin addresses are identical to bitcoin addresses. Or of course, a pool that isn't aimed at promoting devcoins could sell all the altcoins for bitcoins and divvy up the bitcoins similarly, to attract miners who only care about bitcoins by simply paying them more than 100% of the bitcoins mined.

-MarkM-

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