stulowe
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May 18, 2013, 05:31:21 PM |
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Can I just ask why you are choosing to launch this now then if there are lots of ideas to come and things not finished with what you want. Why not just wait and make it what you want to make it and release it when it's ready. I'm sure people would prefer something innovative over another copycat coin.
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TruthTaco
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May 18, 2013, 05:59:01 PM |
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If the specs for this coin were anything special then they would already have them listed. I suspect that what we're got here is a coin that is essentially a cloned coin that they plan on improving over time. Big Woop. There are better coins in development.
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Dervana
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May 18, 2013, 06:09:24 PM |
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If the specs for this coin were anything special then they would already have them listed. I suspect that what we're got here is a coin that is essentially a cloned coin that they plan on improving over time. Big Woop. There are better coins in development.
Yep, although I hope to be proved wrong it sounds like any innovation and improvements to what's already out there is future scheduled: Also, while it is based on Litecoin, there will be further development and improvements to the code, and we will be using donations and proceeds from mining to compensate those interested in further development of the code.
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ohhaithere
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May 18, 2013, 06:17:29 PM |
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no insta-mining many thousands of coins through low difficulty
I'll believe it when i actually see the first altcoin ever without a difficulty conveniently set to 1
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mercSuey
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May 18, 2013, 06:22:00 PM |
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...a pre-announcement that announces nothing. So that's the new thing to do nowadays?
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qiuness
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May 18, 2013, 06:48:44 PM |
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shouldn't this be released already?
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Dervana
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May 18, 2013, 07:06:44 PM |
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shouldn't this be released already?
Not yet. The schedule is that we're blown away by exactly how this coin is more "superior than any scrypt based coin out there today" in about an hour and then the coin itself is released two hours later.
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Twerka
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May 18, 2013, 07:09:16 PM |
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2 hours left, If delivered on time I'll point a 6770 to test it.
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The worst enemy of Bitcoin is Mt.Gox exchange.
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Joerii
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Merit: 1050
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May 18, 2013, 07:13:48 PM |
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If there's no actual innovation then this is worthless. Just tweaking some parameters is NOT innovation enough. This has all the signs of just another pathetic hyped up scam coin.
Sorry for being negative but for me all new coins posted by a jr member are scamcoins until proven otherwise. Please please prove me wrong.
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Hypercube - get the attention you deserve
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ohhaithere
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May 18, 2013, 07:41:09 PM |
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If there's no actual innovation then this is worthless. Just tweaking some parameters is NOT innovation enough. This has all the signs of just another pathetic hyped up scam coin.
Sorry for being negative but for me all new coins posted by a jr member are scamcoins until proven otherwise. Please please prove me wrong.
Worldcoin is just a tweaked parameter scamcoin, and it seems to be doing well. So unfortunately evidence still supports the theory that you might as well try releasing scamcoins.
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YaCoinYeah
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May 18, 2013, 07:47:06 PM |
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Innovation is not a prerequisite to caking off pump and dumps.
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BrewCrewFan
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May 18, 2013, 07:49:10 PM |
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If there's no actual innovation then this is worthless. Just tweaking some parameters is NOT innovation enough. This has all the signs of just another pathetic hyped up scam coin.
Sorry for being negative but for me all new coins posted by a jr member are scamcoins until proven otherwise. Please please prove me wrong.
Worldcoin is just a tweaked parameter scamcoin, and it seems to be doing well. So unfortunately evidence still supports the theory that you might as well try releasing scamcoins. Only thing it had was well pre arranged pools and even all the sources needed for the wallet.
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hyoshi (OP)
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May 18, 2013, 08:30:13 PM |
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No you will get orphans for sure, there's no way around this.
There is way. Just set initial difficulty to something about 5 or 10. Network will generate one block per minute, not one block per second and you can say "Goodbye" to orphan factory. He already prepared a few peers with low latency for insta mine Insta-mining would be a futile effort with no real reward.
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hyoshi (OP)
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May 18, 2013, 08:32:15 PM |
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If there's no actual innovation then this is worthless. Just tweaking some parameters is NOT innovation enough. This has all the signs of just another pathetic hyped up scam coin.
Sorry for being negative but for me all new coins posted by a jr member are scamcoins until proven otherwise. Please please prove me wrong.
Define scam coin.
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r3animation
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May 18, 2013, 08:33:46 PM |
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If the specs for this coin were anything special then they would already have them listed. I suspect that what we're got here is a coin that is essentially a cloned coin that they plan on improving over time. Big Woop. There are better coins in development.
I'm worried about it being a coin with early rewards (ala GLDCoin) for early adopters but if it had some ideas which elacoin had (elastic rewards), it could be interesting.
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rocketron
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May 18, 2013, 08:34:45 PM |
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il give this some hashing power from some 6990s to help get it going
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hyoshi (OP)
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May 18, 2013, 08:35:39 PM |
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no insta-mining many thousands of coins through low difficulty
I'll believe it when i actually see the first altcoin ever without a difficulty conveniently set to 1 Litecoin was released with a starting difficulty of 0.00024414. As was every other scrypt coin.
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hyoshi (OP)
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May 18, 2013, 08:36:23 PM |
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If the specs for this coin were anything special then they would already have them listed. I suspect that what we're got here is a coin that is essentially a cloned coin that they plan on improving over time. Big Woop. There are better coins in development.
I'm worried about it being a coin with early rewards (ala GLDCoin) for early adopters but if it had some ideas which elacoin had (elastic rewards), it could be interesting. Trust me, there are no rewards for early adopters details in 23 minutes
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nearmiss
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May 18, 2013, 08:37:04 PM |
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no insta-mining many thousands of coins through low difficulty
I'll believe it when i actually see the first altcoin ever without a difficulty conveniently set to 1 Litecoin was released with a starting difficulty of 0.00024414. As was every other scrypt coin. That doesn't mean its now still the right thing to do with GPU mining and GH/s' standing by waiting to nail every new coin that comes out.
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Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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MaGNeT
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Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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May 18, 2013, 08:38:05 PM |
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Why would I waste my hashrate on another LiteCoin fork that never makes it to an exchange?
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