TheSwede75
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May 14, 2013, 04:11:50 AM |
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QUICK! Someone launch an Altcoin! There will be like 1000 nerds here in 2 hours with total 'premine blue-balls' if they don't have some kind of scam to throw their GPU power at!!
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saudibull
Newbie
Offline
Activity: 28
Merit: 0
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May 14, 2013, 04:12:13 AM |
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Well, if milkshake was true to his word on the coin, he would have surely come to the board to answer questions - not responding to anything looks more and more like he saw that the community figured out his scam, and is now running away ..... who knows
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Devianttwo
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May 14, 2013, 04:12:16 AM |
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I like it hazard. Keep me informed. If you actually make this coin I'll be your first pool
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TheSwede75
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May 14, 2013, 04:12:29 AM |
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Preliminary HazardCoin features:
Retarget every 6 hours 5 minute block target time
^ Both largely irrelevant because... Block reward will be based on the amount of time passed since last block found. This will accomplish the following:
* DDOSing pools to decrease difficulty will accomplish absoluetly nothing * Discourage pool/coin hopping * Provide incentive to continue mining even when nethashrate goes down (i.e. feathercoin)
No... Just no. Stop it.
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alex_fun
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May 14, 2013, 04:12:49 AM |
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Can you read, someone is mining the coin already. 25 plus nodes QUICK! Someone launch an Altcoin! There will be like 1000 nerds here in 2 hours with total 'premine blue-balls' if they don't have some kind of scam to throw their GPU power at!!
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Hazard
Legendary
Offline
Activity: 980
Merit: 1000
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May 14, 2013, 04:12:55 AM |
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To generate 1360 blocks would take much longer than the time between his PM to me, and my post about it on the board. Theory disproven.
No it wouldn't. On 0.000~ diffculty you can generate 1300 blocks in couple hours. False. There's a hardcap of 1 block per ~2.5 seconds even at 0 difficulty. Create your own coin and try it yourself! It's the reason why 0 difficulty coins don't reach block 2000 instantly after launch.
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Petr1fied
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May 14, 2013, 04:14:13 AM |
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lol, now someone is mining it: C:\elacoin-master\src>elacoind getinfo { "version" : 60300, "protocolversion" : 60001, "walletversion" : 60000, "balance" : 0.00000000, "blocks" : 396, "connections" : 2, "proxy" : "", "difficulty" : 0.00024414, "testnet" : false, "keypoololdest" : 1368504032, "keypoolsize" : 101, "paytxfee" : 0.00000000, "mininput" : 0.00010000, "errors" : "" }
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TheSwede75
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May 14, 2013, 04:14:58 AM |
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Can you read, someone is mining the coin already. 25 plus nodes QUICK! Someone launch an Altcoin! There will be like 1000 nerds here in 2 hours with total 'premine blue-balls' if they don't have some kind of scam to throw their GPU power at!!
Yeah, but milkshake coin is sort of 'done' now. And by 'sort of' I mean 'Stick a fork in it, and throw it out the window'. Unless OP shows up with the best damn explanation ever heard.
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shaal
Member
Offline
Activity: 112
Merit: 10
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May 14, 2013, 04:15:03 AM |
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Preliminary HazardCoin features:
Retarget every 6 hours 5 minute block target time
^ Both largely irrelevant because... Block reward will be based on the amount of time passed since last block found. This will accomplish the following:
* DDOSing pools to decrease difficulty will accomplish absoluetly nothing * Discourage pool/coin hopping * Provide incentive to continue mining even when nethashrate goes down (i.e. feathercoin)
Please for the love of god NO MORE new altcoins. at least until things settle down and then sit down and really plan out the coin, do something innovative and game changing.
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Hazard
Legendary
Offline
Activity: 980
Merit: 1000
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May 14, 2013, 04:15:23 AM |
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Wait... is this going to be a real coin?
I mean, it can be. If there's actually an interest for it. I just thought of it off the top of my head. I like it hazard. Keep me informed. If you actually make this coin I'll be your first pool
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fenican
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May 14, 2013, 04:15:58 AM |
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LOL at "nerds with pre-mine blue balls" so true
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nocoin
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May 14, 2013, 04:16:26 AM |
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To generate 1360 blocks would take much longer than the time between his PM to me, and my post about it on the board. Theory disproven.
No it wouldn't. On 0.000~ diffculty you can generate 1300 blocks in couple hours. False. There's a hardcap of 1 block per ~2.5 seconds even at 0 difficulty. Create your own coin and try it yourself! It's the reason why 0 difficulty coins don't reach block 2000 instantly after launch. So? 2.5 sec = 24 blocks per minute. 24x60=1440 blocks per hour. FAIL.
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joehop67
Member
Offline
Activity: 87
Merit: 10
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May 14, 2013, 04:16:42 AM |
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Wait... is this going to be a real coin?
I mean, it can be. If there's actually an interest for it. I just thought of it off the top of my head. I like it hazard. Keep me informed. If you actually make this coin I'll be your first pool Well if it is I would def. be interested. I like altcoins
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1KmVXSbnjwtvxXKLGyD145CWJzZs6afkxL
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gudmunsn
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May 14, 2013, 04:16:57 AM |
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LOL at "nerds with pre-mine blue balls" so true
+1
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willhash4food
Member
Offline
Activity: 112
Merit: 10
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May 14, 2013, 04:17:38 AM |
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Keep in mind the OP's code has been available on Github ( https://github.com/elacoin/elacoin) Hence, anyone could have ZIP'ed it up, created a valid genesis block, and then claimed milkshake sent him it. Here's a good litmus test. Hazard, since you are the expert at compiling for Windows please post a working Windows client I already provided the source, screenshots of the working client, and my correspondence with him. I owe you nothing more. Compile the source yourself if you are so inclined. 28 pages of emo-miners on the edge of their seats! Wonderful opportunity here (for the next 2 hours) for someone to compile and post a Windows client packed with viruses A, B and C...
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They see me minin'... they hatin'...
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relm9
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May 14, 2013, 04:18:12 AM |
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Lol, so who here is actually mining this? Speak up
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barwizi
Legendary
Offline
Activity: 882
Merit: 1000
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May 14, 2013, 04:18:17 AM |
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iGotSpots
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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May 14, 2013, 04:18:20 AM |
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I might throw a couple mhash at it right away just since I'm up this late. Everything else is premined too anyway
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Hazard
Legendary
Offline
Activity: 980
Merit: 1000
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May 14, 2013, 04:18:33 AM |
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Petr1fied
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May 14, 2013, 04:18:37 AM |
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600 blocks already. Whoever is mining it, really what is the point? You know the genesis block is going to be reset.
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