[ANN] [LOCO] I'm taking back control Of Loco [LOCO] [ANN]

[Bitdras]

Update Go2 v1.4.5 is ready,
Links are below & thanks for your cooperation









Ok this is my first official launch of a crypto currency as such, However I'm not here to tell you
I'm going to make you rich or the coin will because I just like you really do not know how this
will turn out until it has been out. I'm here to release this and see really how far I can go and
hopefully I get help from other's too even outside of bitcointalk. I do not know how you users
will react it could be great or bad again I do not know so please bare all I have said just in Mind.





Max Money: 1,000,000,000 coins

I Aim to have a Fast Network
I Aim to have a Stable Network
I Aim to have a Secure Network

I Aim to be Adopted with only changes to the code what are required, with 0 changes to rewards or
anything that could jeopardise this network and it's users

I see Loco being a one of a kind coin that we all have fun and pleasure from. I want a nice stable and fast coin that people can rely on that's the way to success in my opinion well that and making it easier for people to use/understand of course


I have set the block time to 1 minute as I have watched a few coins with certain specs for a while and feel a 1 minute block time should suffice to what I want it to for the network.



Name: Loco
Ticker: LOC
Type: Pow/Pos Hybrid forever
Algo: Quark

Checkpoint Span: 2,500 Blocks
DB Cache Size is set to 512 MB as Default

Stealth Addresses
Masternodes
Messaging




The minimum required confirmations for any Mined coins to be spent/used is 200 blocks

Block 1 = 10,000 LOC 10k dev funds to do as i wish ( I will pay some bounties but I will also

keep some

I have ensured Even tho I hold 10k I will not be mining and I've set the Pos reward to 0 until

block 5k

Block 2 - 1440 = 0 Per Block (Anti Instamine)
Block 1441 and after will remain at = 5 LOC




Proof of Stake is set to start at Block 1

The minimum Stake Age required for coins to stake is set to 6 hours.

The minimum required confirmations for any Staked coins to be spent/used is 200 blocks

Staking will now occur once the funds have been in the wallet for 6 hours and has 200 confirms

The Proof of Stake interest at which Loco is set:

Block    0 - 5000 = 0 coins Per block
Block 5001 - 7500 = 100,000 %
Block 7501 - 10,000 = 75,0000 %
Block 10,001 - 12,500 = 50,000 %
block 12,501 - 15,000 = 25,0000 %
Block 15,001 - 17,500 = 10,000 %
Block 17,501 - 20,000 = 5,000 %
block 20,001 - 22,500 = 2,500 %
Block 22,501 - 25,000 = 1,000 %
Block 25,001 - 30,000 = 500 %
Block 30,001 - 60,000 = 250%
Block 60,001 - 120,000 = 100%
block 120,001 Onwards is set to 50% Per Year

All % Based Proof Of Stake rewards are yearly based not daily



The Transaction Fee for Loco is set to 0.01 LOC

The Minimum Confirmations Required for a Transaction to be fully confirmed is 4 Blocks





Instantx signatures required is set to 10 blocks
Instantx signatures required total is set to 30 blocks




Masternode minimum confirmations is set to 10 blocks
Masternode Reward has been set to 50% of the Proof Of Stake reward

Masternodes are due to start on Fri, 13 May 2016 12:00:00 GMT that should

ensure that enough coins are circulated and we have gained ground first.

We would say the easiest way for this is if you use coin control to put that amount into one and

send it yourself and/or use an exchange to withdraw that amount to your address ie send 30,000

coins exactly to your masternode wallet.

Select the Masternode tab from the left hand side menu
Then select My Master Nodes
Then press create
Insert your alias name as requested
insert your ip address along with the port as requested ie 123.456.789.000:9999
Then press ok
You should now see a masternode on the list infront of you
copy the address to notepad or your preffered txt editor
Now press Get Config
copy/paste the Masternode Priv Key & your address and paste them into the masternode.conf below
send exactly 30,000 coins with the standard tx fee nothing more nothing less to the masternode

address you copied
wait for it to confirm in the blockchain
Now make sure you have opened your port in Firewall / router if you have one


Running Masternode

Way 1

Goto Masternode Tabs on the left hand menu
And press start


Way 2

Goto console in the debug window
Type masternode start

If you have an Encrypted wallet
Type masternode start PASSWORDHERE

To see the status of your masternode
Type masternode list


masternode.conf

Code:

maxconnections=100
rpcuser=YOURUSERNAMEHERE
rpcpassword=YOURPASSWORDHERE
rpcport=35574
gen=0
staking=0
listen=0
server=1
daemon=1
port=YOURPORTHERE
reservebalance=9999999
logtimestamps=1
masternodeaddr=YOURIP:YOURPORT
masternode=1
masternodeprivkey=YOURPRIVATEKEY

If you are still unsure then please see Starin's Guide here ->

http://mycrave.org/forums/index.php?threads/how-to-setup-a-masternode.3/




Loco required amount for Darksend Collateral is: 30,000
Loco required amount for Darksend fee: 0.01
Loco required amount for Darksend Pool Max: 3,000,000




source
https://github.com/LGLoco/Loco


windows
https://mega.nz/#!615SSCaT!wWd8VioP4fPPXgfWZqjmlpYOyWEJiN_Cnftigum28Yc
Window VirusTotal
https://www.virustotal.com/fr/file/a16cbe76b23ad06c8a9c4f73b8e9f4343a35fb36ab6ac2e0bd3f2c3c68184308/analysis/
please people don't be alarmed all are false flags esp the PUP's it's just bloody windows as per usual.




linux
https://mega.nz/#!3hZRhTaD!HcBOYWTtdnLgPNTpnGMdLLg4Z2oRbbB58xiYnMzAsy8
Libminiupnpc.so.9
https://mega.nz/#!y9p3XZzY!wMW5rBUhpY4AAL3gCkUpHLgRlpMqAQoC-WIoGVZRHjY



mac
https://mega.nz/#!i5RzUA5S!ES06JsVa4S77YCYa6CShnA4JgluvOcDgHV_viLS4AW8


loco.conf

Code:

rpcuser=YOURUSERNAMEHERE
rpcpassword=YOURPASSWORDHERE
rpcport=35574
port=35575
listen=1
server=1
daemon=1

Blockchain @ block height 64625
https://mega.nz/#!7s5myIIb!EWgAE-KJgFHk4lVOaXGp-UM3jW-kH89G4a_-wxZYGW4





















1. V1.4.1.1 - To sort issues with Staking icon, Stake Weight displaying Incorrectly (COMPLETE)
2. V1.4.5 - Graphics Updated & Masternodes Fixed (COMPLETE)
3.

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[Bitdras]

RESERVED FOR FUTURE UPDATES COMING TO BE ANNOUNCED.

[R3x]

Update Go2 v1.4.5 is ready,
Links are below & thanks for your cooperation









Ok this is my first official launch of a crypto currency as such, However I'm not here to tell you
I'm going to make you rich or the coin will because I just like you really do not know how this
will turn out until it has been out. I'm here to release this and see really how far I can go and
hopefully I get help from other's too even outside of bitcointalk. I do not know how you users
will react it could be great or bad again I do not know so please bare all I have said just in Mind.





Max Money: 1,000,000,000 coins

I Aim to have a Fast Network
I Aim to have a Stable Network
I Aim to have a Secure Network

I Aim to be Adopted with only changes to the code what are required, with 0 changes to rewards or
anything that could jeopardise this network and it's users

I see Loco being a one of a kind coin that we all have fun and pleasure from. I want a nice stable and fast coin that people can rely on that's the way to success in my opinion well that and making it easier for people to use/understand of course


I have set the block time to 1 minute as I have watched a few coins with certain specs for a while and feel a 1 minute block time should suffice to what I want it to for the network.



Name: Loco
Ticker: LOC
Type: Pow/Pos Hybrid forever
Algo: Quark

Checkpoint Span: 2,500 Blocks
DB Cache Size is set to 512 MB as Default

Stealth Addresses
Masternodes
Messaging




The minimum required confirmations for any Mined coins to be spent/used is 200 blocks

Block 1 = 10,000 LOC 10k dev funds to do as i wish ( I will pay some bounties but I will also

keep some

I have ensured Even tho I hold 10k I will not be mining and I've set the Pos reward to 0 until

block 5k

Block 2 - 1440 = 0 Per Block (Anti Instamine)
Block 1441 and after will remain at = 5 LOC




Proof of Stake is set to start at Block 1

The minimum Stake Age required for coins to stake is set to 6 hours.

The minimum required confirmations for any Staked coins to be spent/used is 200 blocks

Staking will now occur once the funds have been in the wallet for 6 hours and has 200 confirms

The Proof of Stake interest at which Loco is set:

Block    0 - 5000 = 0 coins Per block
Block 5001 - 7500 = 100,000 %
Block 7501 - 10,000 = 75,0000 %
Block 10,001 - 12,500 = 50,000 %
block 12,501 - 15,000 = 25,0000 %
Block 15,001 - 17,500 = 10,000 %
Block 17,501 - 20,000 = 5,000 %
block 20,001 - 22,500 = 2,500 %
Block 22,501 - 25,000 = 1,000 %
Block 25,001 - 30,000 = 500 %
Block 30,001 - 60,000 = 250%
Block 60,001 - 120,000 = 100%
block 120,001 Onwards is set to 50% Per Year

All % Based Proof Of Stake rewards are yearly based not daily



The Transaction Fee for Loco is set to 0.01 LOC

The Minimum Confirmations Required for a Transaction to be fully confirmed is 4 Blocks





Instantx signatures required is set to 10 blocks
Instantx signatures required total is set to 30 blocks




Masternode minimum confirmations is set to 10 blocks
Masternode Reward has been set to 50% of the Proof Of Stake reward

Masternodes are due to start on Fri, 13 May 2016 12:00:00 GMT that should

ensure that enough coins are circulated and we have gained ground first.

We would say the easiest way for this is if you use coin control to put that amount into one and

send it yourself and/or use an exchange to withdraw that amount to your address ie send 30,000

coins exactly to your masternode wallet.

Select the Masternode tab from the left hand side menu
Then select My Master Nodes
Then press create
Insert your alias name as requested
insert your ip address along with the port as requested ie 123.456.789.000:9999
Then press ok
You should now see a masternode on the list infront of you
copy the address to notepad or your preffered txt editor
Now press Get Config
copy/paste the Masternode Priv Key & your address and paste them into the masternode.conf below
send exactly 30,000 coins with the standard tx fee nothing more nothing less to the masternode

address you copied
wait for it to confirm in the blockchain
Now make sure you have opened your port in Firewall / router if you have one


Running Masternode

Way 1

Goto Masternode Tabs on the left hand menu
And press start


Way 2

Goto console in the debug window
Type masternode start

If you have an Encrypted wallet
Type masternode start PASSWORDHERE

To see the status of your masternode
Type masternode list


masternode.conf

Code:

maxconnections=100
rpcuser=YOURUSERNAMEHERE
rpcpassword=YOURPASSWORDHERE
rpcport=35574
gen=0
staking=0
listen=0
server=1
daemon=1
port=YOURPORTHERE
reservebalance=9999999
logtimestamps=1
masternodeaddr=YOURIP:YOURPORT
masternode=1
masternodeprivkey=YOURPRIVATEKEY

If you are still unsure then please see Starin's Guide here ->

http://mycrave.org/forums/index.php?threads/how-to-setup-a-masternode.3/




Loco required amount for Darksend Collateral is: 30,000
Loco required amount for Darksend fee: 0.01
Loco required amount for Darksend Pool Max: 3,000,000




source
https://github.com/LGLoco/Loco


windows
https://mega.nz/#!615SSCaT!wWd8VioP4fPPXgfWZqjmlpYOyWEJiN_Cnftigum28Yc
Window VirusTotal
https://www.virustotal.com/fr/file/a16cbe76b23ad06c8a9c4f73b8e9f4343a35fb36ab6ac2e0bd3f2c3c68184308/analysis/
please people don't be alarmed all are false flags esp the PUP's it's just bloody windows as per usual.




linux
https://mega.nz/#!3hZRhTaD!HcBOYWTtdnLgPNTpnGMdLLg4Z2oRbbB58xiYnMzAsy8
Libminiupnpc.so.9
https://mega.nz/#!y9p3XZzY!wMW5rBUhpY4AAL3gCkUpHLgRlpMqAQoC-WIoGVZRHjY



mac
https://mega.nz/#!i5RzUA5S!ES06JsVa4S77YCYa6CShnA4JgluvOcDgHV_viLS4AW8


loco.conf

Code:

rpcuser=YOURUSERNAMEHERE
rpcpassword=YOURPASSWORDHERE
rpcport=35574
port=35575
listen=1
server=1
daemon=1

Blockchain @ block height 64625
https://mega.nz/#!7s5myIIb!EWgAE-KJgFHk4lVOaXGp-UM3jW-kH89G4a_-wxZYGW4





















1. V1.4.1.1 - To sort issues with Staking icon, Stake Weight displaying Incorrectly (COMPLETE)
2. V1.4.5 - Graphics Updated & Masternodes Fixed (COMPLETE)
3.

[Bitdras]

Thank you for doing that R3x, hope to be able to post properly very soon once my account has done a few more posts.

Glad and happy to know I can still get support.

I will be messaging all old members of Loco as well to make them aware thread has moved here and my Nightz account is no longer in my control.

Thanks Mate

[Bitdras]

Is the world moving to the stage where everyone creates his own coin? Hope, it is not a desired scenario. Nevertheless, I wish u  a success in your endeavor.

I released Loco quite some time back (April 15, 2016, 04:49:44 PM) to see what I could get done without promising everybody i'm going to make em rich or to invest. My coins are here for learning curves.

I will gain all my trust back along with users no matter how long it takes.

And thanks for the wishes  

[hashtobewild]

Hi!

I wish you the very best with your venture of resurrecting the coin.

What I am not clear on, is why if you launched the coin originally in 2016 you have only made 14 posts 

Also, would it not be easier to relaunch completely with a new coin?

[das.suprnova]

Is there a working pool?

[hashtobewild]

Is the world moving to the stage where everyone creates his own coin? Hope, it is not a desired scenario. Nevertheless, I wish u  a success in your endeavor.

I don't really mind new coins, as long as they have (or quickly get) a real raison d'etre other than just being a new coin. Otherwise it really is an indication of yet another pump-and-dump clone with nothing substantial to bring to the table.

[Bitdras]

Hi!

I wish you the very best with your venture of resurrecting the coin.

What I am not clear on, is why if you launched the coin originally in 2016 you have only made 14 posts 

Also, would it not be easier to relaunch completely with a new coin?

As my original account Nightz is not in my access anymore hence why 0 posts on loco yet all these absolutely rubbish posts on everything else.

So technically i'm just taking back control of the ann as I still have access to github and nodes.


And as for a relaunch that has been thought about quite some what but I would need a very trusted member to destroy all old coins etc.

I am sure we can clear it all up tho as long as I have the support.

Thanks

[Bitdras]

Poll Added. see what you guy's want.

[hashtobewild]

Poll Added. see what you guy's want.

When you say relaunch, do you mean from block 1?

[silklich]

restart?

[silklich]

i think it should use asic-resistant algo
or low PoW reward, and do swap!
it will good for LOCO

[Bitdras]

i think it should use asic-resistant algo
or low PoW reward, and do swap!
it will good for LOCO

I like what you said there, seems like a viable option and helps me to see all have not given up.

[ItaCraft]

What about changing some specs like not going straight to 100%k PoS instead of this, go with a slow growing PoS until reach 100k% and slow decrease on PoS until 10% right after 100k% blocks, a ASIC resistance algo will be nice, what about skunkhash raptor?

[silklich]

i think it should use asic-resistant algo
or low PoW reward, and do swap!
it will good for LOCO

I like what you said there, seems like a viable option and helps me to see all have not given up.

Ofcourse i will support you...
Plz make telegram or slack. you should make conversations with holders...
i bought some LOC

[Bitdras]

What about changing some specs like not going straight to 100%k PoS instead of this, go with a slow growing PoS until reach 100k% and slow decrease on PoS until 10% right after 100k% blocks, a ASIC resistance algo will be nice, what about skunkhash raptor?

Sounds like a good idea, keep em coming guys. And you've mentioned basically what is now on bitdras except masternodes and the asic bit.

Sure does sound like we know where we heading

[jc12345]

How do people know you are nightz?

Loco got so messed up that actual coins per the blockchain and coins per the exchanges were materially different. There is no way to save the old Loco. The only option is to re-launch.

[Bitdras]

How do people know you are nightz?

Loco got so messed up that actual coins per the blockchain and coins per the exchanges were materially different. There is no way to save the old Loco. The only option is to re-launch.

I suppose you'd have to take my word. But I think you believe me.

I have messaged you numerous times to do with Loco, Along with Bumbacoin, greedyjohn & crysx who set up nodes for Loco. I was running Loco and all was going well till it started forking one after another some thought it was due to quark algo to which the situation turned to a mess, I did updates to the code but it still never sorted all of it out.

That help.

Thanks

EDIT: I still have the original Nightz twitter too 

[johnnysof]

How do people know you are nightz?

Loco got so messed up that actual coins per the blockchain and coins per the exchanges were materially different. There is no way to save the old Loco. The only option is to re-launch.

I suppose you'd have to take my word. But I think you believe me.

I have messaged you numerous times to do with Loco, Along with Bumbacoin, greedyjohn & crysx who set up nodes for Loco. I was running Loco and all was going well till it started forking one after another some thought it was due to quark algo to which the situation turned to a mess, I did updates to the code but it still never sorted all of it out.

That help.

Thanks

EDIT: I still have the original Nightz twitter too 

I didn't see any activities on GitHub nor on getting this coin up. How can you proof you are really nightz?
Why don't you start working on it?