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Author Topic: [ANN][DGC] Digitalcoin | Multi-algo & Masternodes | Established 2013  (Read 499366 times)
zero3112
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May 20, 2013, 03:09:28 AM
 #101

This sounds better then Worldcoin which its block time is 15 seconds which causes lots of orphans.  Hopefully the Block Time of 20 seconds will help minimize orphans but still provide almost instant transactions.

I also see the block reward starts at 20 so I am guessing DigitalCoin is more rare then Worldcoin.

Could you till me what the total amount of coins will be cap at?

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kevcoin
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May 20, 2013, 03:11:41 AM
 #102



I hope they release 10,000 coins a day... scratching allergy factories

techbytes
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May 20, 2013, 03:15:57 AM
 #103

What time will it be launched Pacific time? California?
8 hours from now, i believe.

Will you link the github prior to the launch?

4 hours from now...

-tb-

You sure? I calculate 8 hours....

You're right.  Now I can get some sleep.   Grin

-tb-

jaywaka2713
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May 20, 2013, 03:18:48 AM
 #104

Release at 1am CST correct? Is the github being linked or are binaries being posted?

whitedragon
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May 20, 2013, 03:19:05 AM
 #105

Well might as well watch this one too!
baritus
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May 20, 2013, 03:19:49 AM
 #106

Release at 1am CST correct? Is the github being linked or are binaries being posted?
Both.

Digitalcoin - Sha256, Scrypt, x11 Mining - Multi-algorithm & One Click Masternodes - Founded in 2013
zero3112
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May 20, 2013, 03:22:20 AM
 #107

This sounds better then Worldcoin which its block time is 15 seconds which causes lots of orphans.  Hopefully the Block Time of 20 seconds will help minimize orphans but still provide almost instant transactions.

I also see the block reward starts at 20 so I am guessing DigitalCoin is more rare then Worldcoin.

Could you till me what the total amount of coins will be cap at?

Can someone answer my question above.

hyoshi
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May 20, 2013, 03:23:22 AM
 #108

how did you mined diff 1 genesis ?
He didn't - did you read the post?
Quote
Difficulty: Starts at 0.00024414
 No one has ever released a scrypt coin at difficulty 1.  But he did use my system for ascending rewards during low difficulty.  This is why we didn't release the details of the Nibble until 2 hours prior to launch.

There will be huge amounts of orphans until difficulty 1 - there is no way around that.
zero3112
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May 20, 2013, 03:26:22 AM
 #109

how did you mined diff 1 genesis ?
He didn't - did you read the post?
Quote
Difficulty: Starts at 0.00024414
 No one has ever released a scrypt coin at difficulty 1.  But he did use my system for ascending rewards during low difficulty.  This is why we didn't release the details of the Nibble until 2 hours prior to launch.

There will be huge amounts of orphans until difficulty 1 - there is no way around that.

So are all coins premined then?

ecliptic
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May 20, 2013, 03:30:35 AM
 #110

how did you mined diff 1 genesis ?
He didn't - did you read the post?
Quote
Difficulty: Starts at 0.00024414
 No one has ever released a scrypt coin at difficulty 1.  But he did use my system for ascending rewards during low difficulty.  This is why we didn't release the details of the Nibble until 2 hours prior to launch.

There will be huge amounts of orphans until difficulty 1 - there is no way around that.

So are all coins premined then?
In effect, yes.  the only way to not have a coin premade would be to be fair, and have the entire community have their cgminer instances fully configured and ready to go and literally releash 1Ghash/sec+ of scrypt hashing power on the network at once

as it is now only people with 10+ MHash/sec and --scan-time=1s and fast connections will get 99% of the blocks
r3animation
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May 20, 2013, 03:42:45 AM
 #111

how did you mined diff 1 genesis ?
He didn't - did you read the post?
Quote
Difficulty: Starts at 0.00024414
 No one has ever released a scrypt coin at difficulty 1.  But he did use my system for ascending rewards during low difficulty.  This is why we didn't release the details of the Nibble until 2 hours prior to launch.

There will be huge amounts of orphans until difficulty 1 - there is no way around that.

So are all coins premined then?

Insta-mined, not pre-mined.

Pre-mined = before released to the public.
BitshireHashaway
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May 20, 2013, 03:45:01 AM
 #112

I'm be looking forward to this!
kaputt
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May 20, 2013, 03:48:16 AM
 #113

Excuse me if this has already been answered. Can you tell us what this is a fork of, so that I can make sure I know how to compile it on a CentOS server. I have had trouble in the past and don't want to be left out.
baritus
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May 20, 2013, 03:50:34 AM
 #114

Excuse me if this has already been answered. Can you tell us what this is a fork of, so that I can make sure I know how to compile it on a CentOS server. I have had trouble in the past and don't want to be left out.

Litecoin.

Digitalcoin - Sha256, Scrypt, x11 Mining - Multi-algorithm & One Click Masternodes - Founded in 2013
r3animation
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May 20, 2013, 03:53:33 AM
 #115

how did you mined diff 1 genesis ?
He didn't - did you read the post?
Quote
Difficulty: Starts at 0.00024414
 No one has ever released a scrypt coin at difficulty 1.  But he did use my system for ascending rewards during low difficulty.  This is why we didn't release the details of the Nibble until 2 hours prior to launch.

There will be huge amounts of orphans until difficulty 1 - there is no way around that.

So are all coins premined then?

Insta-mined, not pre-mined.

Pre-mined = before released to the public.

Thinking about it, it's not insta-mined either.

I would say GLDCoins or Bitbars or MinCoins are insta-mined due to their gigantically huge early adopter rewards and this is the reverse.
walf_man
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May 20, 2013, 06:17:48 AM
 #116

very nice
I like this
Charles999
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May 20, 2013, 06:28:08 AM
 #117

Baritas if you aren't even planning on mining your own coin, why should we trust you.  Are you just trying to steal our wallets with a trojan?

https://bitcointalk.org/index.php?topic=209339.0
digitalindustry
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May 20, 2013, 06:40:44 AM
 #118

how did you mined diff 1 genesis ?
He didn't - did you read the post?
Quote
Difficulty: Starts at 0.00024414
 No one has ever released a scrypt coin at difficulty 1.  But he did use my system for ascending rewards during low difficulty.  This is why we didn't release the details of the Nibble until 2 hours prior to launch.

There will be huge amounts of orphans until difficulty 1 - there is no way around that.

So are all coins premined then?

all except for hyoshi's apparently he got none lol !  he's a straight up guy !

tiny rick !
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erk
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May 20, 2013, 06:47:32 AM
 #119

Why does this coin even exist when it's obviously just trying to cash in on the success of WDC?


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May 20, 2013, 06:58:22 AM
 #120

Baritas if you aren't even planning on mining your own coin, why should we trust you.  Are you just trying to steal our wallets with a trojan?

https://bitcointalk.org/index.php?topic=209339.0

Ok this is Very Weird!

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