[ANN][ARG] Argentum | Fast. Optimized. Unique Innovation. | 0% Orphans

[AlphaC]

The launch will be tomorrow 12th June at 3 AM UTC time.

[fenican]

We have Chinacoin and AmericanCoin so why not ArgentinaCoin?

[AlphaC]

It's not ArgentinaCoin.......

[baritus]

For the sake of openness, I was paid to help with this coin. So what?

[mebezac]

For the sake of openness, I was paid to help with this coin. So what?

Yeah, I don't really think that's a big deal.

[BitFred]

I couldn't care less, its just funny because he made a mistake and tried to hide the fact by editing his posts.  He obviously wanted to keep it quiet but got caught.

So you were paid to do what? shill for the coin? and many coins are you being paid?

[bitdwarf]

Is there any relation between AlphaC and alphacoin?

[baritus]

The transaction details are private. I was paid for advice and some help.

And I wasn't hiding anything, I just found what I said pointless anyway. Who cares if I work for hire.

[TheSwede75]

The transaction details are private. I was paid for advice and some help.

And I wasn't hiding anything, I just found what I said pointless anyway. Who cares if I work for hire.

Eh.. Sort of important when OP claims no coins will be sold if he gave you a ton of them. Especially with the abysmally small block reward.

[baritus]

Well it's not my business what he does to be honest. I'm not the police, I'll help anyone.

[alphacoin]

AlphaC??you should be part of AlphaCoin team, lol 

[AlphaC]

AlphaC??you should be part of AlphaCoin team, lol 

You should join this one actually. 

[Nolo]

What time on June 11th will this be launched?  I'm assuming Windows binaries will be provided?

[AlphaC]

Yes we will have windows binaries and most likely other operating systems too.

I will announce the exact time tomorrow morning. I will give at least 12 hours advance warning.

[schnebi]

Yes we will have windows binaries and most likely other operating systems too.

I will announce the exact time tomorrow morning. I will give at least 12 hours advance warning.

I hope, release will be a few hours ahead... Have to go to work now, but would like to setup a pool when I'm back.....

[TheSwede75]

Launch Date: June 11

Argentum is the Latin name for the element silver. It is the perfect name to represent this currency and the potential it has with a dedicated development team. Argentum is fast, unique, and secure.

Website, marketplace, and exchange are under construction and will be launched soon after Argentum.

Specifications

General
-Scrypt
-Optimized client

Blocks
-Block size increased to 10mb
-Signature operations per block maximum increased to 100k
-32 Second block time

The first two features are on the bitcoin hardfork wishlist. We wanted to create the first cryptographic currency with almost unlimited scalability. The signature operations per block were not increased as much as block size because it is unnecessary and theoretically unreachable as is.

Difficulty
-Re-targets every 250 blocks

Currency Creation
64 million total ARG. Once this limit is reached, it is increased by 1.1% annually, the rate of human population growth.

Fair launch:
We opted for a fair launch to let everyone start mining at the same time.

Block 0-500: 0 ARG
Block 500-1000: 1 ARG
Block 1000-1500: 2 ARG
Block 1500+: block reward random from 1-5. This sort of configuration is more realistic and adds additional security to the network by adding more variability. It also discourages difficulty hopping.

Security
-Mined blocks mature after 30 confirms: Argentum is a fast currency but it does not compromise the safety of the blockchain in the process.

Ports
Listen port: 13580
RPC PORT: 13581

Development
200k will be mined for funding an upcoming currency exchange platform, marketplace, and a gaming platform. More details will be announced. None of the coins will be sold.

Team
We have a team that will build core services and useful applications for Argentum. We welcome anyone to join the team and help with development.

Core Programmers: 2
Web developers : 2
Graphic designer: 1

Honestly,
With block reward of 1-5 a 200k premine is fucking hilarious. It makes ever premine so far seem like chicken feed. Hell 200k @ 2.5 avg block reward is the same as almost 20 MILLiON premine of FTC.. Why do people not learn not to be so fucking greedy that they kill coins before they are even launched.

What are you gonna do with the premine? You going to offer a 10,000 block equivalent for a faucet and some shit exchange? What a fucking joke.

"No coin will be sold" oh, so the what, 50k coins that go to some shitty online casino hack will not be dumped? Yeah, sure..

[ryszardzonk]

Block 1500+: block reward random from 1-5. This sort of configuration is more realistic and adds additional security to the network by adding more variability. It also discourages difficulty hopping.

Interesting idea. I do not think any other coin did that before...

[Geo_log]

block reward random from 1-5

- Why someone can't privately change the source to force it to make exactly 5 coin?

[eddyfitz]

Maybe because it's semi-random? :-)

[eddyfitz]

Cos with random block value other clinets won't be able to verify and accept new block unless their "random" block vaues will match. This will produce alt chains