[ANN] [MΣC] Megacoin.co.nz - Forum, Github, Website Now in 18 Languages

[cgminer-o]

@ kimoto
What is the next phase? 

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[kriwest]

Testnet?

https://bitcointalk.org/index.php?topic=271176.0

[Nordstern]

Testnet?

https://bitcointalk.org/index.php?topic=271176.0

for me its:
{
"version" : 179500,
"protocolversion" : 70001,
"walletversion" : 60000,
"balance" : 0.00000000,
"blocks" : 0,
"timeoffset" : 0,
"connections" : 0,
"proxy" : "",
"difficulty" : 0.00024414,
"testnet" : true,
"keypoololdest" : 1378995588,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"errors" : ""
}


but no connect so far due to missing nodes...

[ethought]

Can someone manage to compile the client for mac users? I guess it can be helpfull, i am not the only megacoin mac user !

Thanks to whoever does this !

Thanks to maxpower for compiling this Mac Megacoin client. 1000 MEC reward sent.

Can be downloaded here: https://www.dropbox.com/s/3tznmgtna2pyy32/Megacoin-Qt-0.8.995-Mac.zip

I dont have a Mac to test on so if any problems please let me know..

[Nordstern]

Thanks to maxpower for compiling this Mac Megacoin client. 1000 MEC reward sent.

Can be downloaded here: https://www.dropbox.com/s/3tznmgtna2pyy32/Megacoin-Qt-0.8.995-Mac.zip

+1 for supporting the community!

[alex0909]

Can someone manage to compile the client for mac users? I guess it can be helpfull, i am not the only megacoin mac user !

Thanks to whoever does this !

Thanks to maxpower for compiling this Mac Megacoin client. 1000 MEC reward sent.

Can be downloaded here: https://www.dropbox.com/s/3tznmgtna2pyy32/Megacoin-Qt-0.8.995-Mac.zip

I dont have a Mac to test on so if any problems please let me know..

Working great! even better than the previous one
Big thanks to him, i'll probably donate

[vtr99]

Testnet?

https://bitcointalk.org/index.php?topic=271176.0

To say Megacoin is a copycat of anything would be wildly naive. All this tells me is hotcoldcoin needs to understand what he's talking about before making failed assertions. Notice he didn't include FTC in these lists? What an ultramaroon.  

Here is a good thread that talks about Testnet.

http://bitcoin.stackexchange.com/questions/tagged/testnet

[vtr99]

Difficulty just dropped from 9 to 6! Kick in the Nitrous, block 63,000 here we come!

MEC is currently ranked #2 on coinwarz.com and coinchoose.com   

[cgminer-o]

https://www.multipool.us/

  Multipool come.....

[blarg]

these feel like the longest 1000 blocks EVAR!! 

[cgminer-o]

these feel like the longest 1000 blocks EVAR!! 

  Stay long  2063 

[vtr99]

these feel like the longest 1000 blocks EVAR!! 

  Stay long  2063 

Less than 500 blocks to go!

[spoid]

I definitely agree that a well-designed auctionhouse would be the perfect next step (just as pretty as the megacoin website).

[raveneye]

Difficulty just dropped from 9 to 6! Kick in the Nitrous, block 63,000 here we come!

MEC is currently ranked #2 on coinwarz.com and coinchoose.com   

I am curious, have any of you cheerleaders actually looked at the Gravity Well code and put any analysis into how it will behave?  Or do you just blindly assume it will fix all of your problems?

It looks to me that every time the coin becomes marginally profitable to mine, middlecoin, multipool, or the cgwatcher miners will switch to it, the difficulty will quickly spike, profitability will drop, and then no one will mine it for days.  Transactions will linger unconfirmed, users will get fed up, and supporters will flee or demand yet another hard-fork.

One MEC supporter on the multipool thread actually said:

It may actually cause some problems for multipool because it will only be able to mine a few blocks before the difficulty quickly adjusts.

Is that really a good thing?  To have your difficulty quickly spike any time someone mines it, making it completely undesirable to mine?

Having looked at the code, and run some numbers, I honestly believe that MEC is in for a long slow unproductive mine like it had at block 42000, but instead it will happen every week after 63005.

[vtr99]

Difficulty just dropped from 9 to 6! Kick in the Nitrous, block 63,000 here we come!

MEC is currently ranked #2 on coinwarz.com and coinchoose.com  

I am curious, have any of you cheerleaders actually looked at the Gravity Well code and put any analysis into how it will behave?  Or do you just blindly assume it will fix all of your problems?

It looks to me that every time the coin becomes marginally profitable to mine, middlecoin, multipool, or the cgwatcher miners will switch to it, the difficulty will quickly spike, profitability will drop, and then no one will mine it for days.  Transactions will linger unconfirmed, users will get fed up, and supporters will flee or demand yet another hard-fork.

One MEC supporter on the multipool thread actually said:

It may actually cause some problems for multipool because it will only be able to mine a few blocks before the difficulty quickly adjusts.

Is that really a good thing?  To have your difficulty quickly spike any time someone mines it, making it completely undesirable to mine?

Having looked at the code, and run some numbers, I honestly believe that MEC is in for a long slow unproductive mine like it had at block 42000, but instead it will happen every week after 63005.

If you believe this to be true, why waste your time here?

[raveneye]

If you believe this to be true, why waste your time here?

Because I want mec to be a profitable coin to mine, and I would like to see a lot of these smaller coins succeed.
When I found and reported a bug with the wdc retarget change at block 600,000, the dev was able to confirm it, fix it, test it, and deploy it before it became a disaster.  More people looking at these changes before they go into effect is a good thing for the coin's evolution.
By your response, I assume you have not examined or even questioned how this update will work?

[kriwest]

If you believe this to be true, why waste your time here?

I for one appreciate everyone's input, positive or negative. If this is a problem, what's wrong with pointing it out?
And if he's wrong, I'd like to hear why.

[A L I E N]

Difficulty just dropped from 9 to 6! Kick in the Nitrous, block 63,000 here we come!

MEC is currently ranked #2 on coinwarz.com and coinchoose.com  

I am curious, have any of you cheerleaders actually looked at the Gravity Well code and put any analysis into how it will behave?  Or do you just blindly assume it will fix all of your problems?

It looks to me that every time the coin becomes marginally profitable to mine, middlecoin, multipool, or the cgwatcher miners will switch to it, the difficulty will quickly spike, profitability will drop, and then no one will mine it for days.  Transactions will linger unconfirmed, users will get fed up, and supporters will flee or demand yet another hard-fork.

One MEC supporter on the multipool thread actually said:

It may actually cause some problems for multipool because it will only be able to mine a few blocks before the difficulty quickly adjusts.

Is that really a good thing?  To have your difficulty quickly spike any time someone mines it, making it completely undesirable to mine?

The goal was to dissuade multipool low diff pillaging and offer quick difficulty adjustment to match the network hash rate.

Having looked at the code, and run some numbers, I honestly believe that MEC is in for a long slow unproductive mine like it had at block 42000, but instead it will happen every week after 63005.

I think if you look at it again you would realize your predictions are in error.  The design will not only spike quickly to meet a high hash rate but fall quickly from a high diff situation to match a low hash rate.

[vtr99]

If you believe this to be true, why waste your time here?

Because I want mec to be a profitable coin to mine, and I would like to see a lot of these smaller coins succeed.
When I found and reported a bug with the wdc retarget change at block 600,000, the dev was able to confirm it, fix it, test it, and deploy it before it became a disaster.  More people looking at these changes before they go into effect is a good thing for the coin's evolution.
By your response, I assume you have not examined or even questioned how this update will work?

WDC is a basket case, and I'm sure they need your help.  

If you really believe Kimoto doesn't know what he's doing, then your point is moot, isn't it? If you are able to just look at the code and tell us the exact results, you are way sharper than any programmer, developer, or rocket engine scientist I've ever met.   I don't believe anything other than a smoke test will give absolute confirmation. I believe Kimoto said more than once that he has done extensive testing... I think it's safe to say that no one else knows exactly how this update will work.

If you are so brilliant, please share with us any better coin you have developed?

[spoid]

actually I also didn't find too much information on it apart from the fact that it's gravity and tractor beams pulling in megacoin logos. It's good if everyone who knows what he's doing has a look at the code, although at this point we can't do much more than wait how it will turn out. If I look at that sourcecode it looks like fruit loops to me so I'm definitely worthless for that task.