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

[Guido]

I'm guessing there's quite a few MEC fans that are good with graphic design?

well, i have quite a few websites and can add a donate button and backlink to main MEC site, at least will help get more traffic

also people can add MEC donate button, ideally if able to paste in code and is hosted somewhere there may be an easy way for people to add their wallet address? rather than adidng underneath

anyway, if comunity can come together, someone do a donate button, it would be awesome

 will do my bit and add to a number of websites

I think plenty other s will, plus can reach out to bigger sites, I have a lot of webmaster friends

this sort of thing:






thats a basic button

there is a way to get real widgets

this is a great site
http://coinwidget.com/

i have messaged the guy who runs it and asked if is possible to do a megacoin one

[cgminer-o]

[rumlazy]

Once it hits 25 it stops halving every 21,000 and instead switches to every 420,000 blocks (2 years).

[cgminer-o]

[cgminer-o]

[BladeRunner]

^ nice image!
Should be interesting after 2015.

Pretty sure this was the plan from the beginning. A long term, high value coin.

[vtr99]

^ nice image!
Should be interesting after 2015.

Pretty sure this was the plan from the beginning. A long term, high value coin.

MΣC was obviously designed to be the ultimate coin. The systematic reward reduction, double the number of Bitcoins, but half as many as Litecoin, with a ton more technological sophistication, features, and blazing speed. Megacoin is both sleeker, and more MEGA at the same time. We are less than 500 blocks away from the next reduction. Just as MΣC starts to become rare in the relatively near future there will be amazing new services.  

Speaking of services, if bholzer is still offering to handle the transaction for the hoodies, I think we are ready to go.  

[amytheplanarshift]

Sooooooooooooooo, I'm only *slightly* concerned that it's been such a long time since we have heard anything from kimoto. Especially with altcoins going in the dumpster as much as they are the past couple of days and bitcoin poised to only push higher and higher. Still holding the bag, it's just getting heavier and heavier though....

[darkproton]

I bet we hear from the good doctor soon. He generally posts around the time of block halving.

[vtr99]

^ nice image!
Should be interesting after 2015.

Pretty sure this was the plan from the beginning. A long term, high value coin.

MΣC was obviously designed to be the ultimate coin. The systematic reward reduction, double the number of Bitcoins, but half as many as Litecoin, with a ton more technological sophistication, features, and blazing speed. Megacoin is both sleeker, and more MEGA at the same time. We are less than 500 blocks away from the next reduction. Just as MΣC starts to become rare in the relatively near future there will be amazing new services.  

Speaking of services, if bholzer is still offering to handle the transaction for the hoodies, I think we are ready to go.  

If all goes well.
It could still die on the way there, even though the chances are slim. We need more services  and more Kimoto 

The services are coming... There is no hurry. I expect there will be quite a few before we get to 25 MΣC per block.
No point in giving the skeptics, and timid investors anything extra.  I have complete confidence Kimoto didn't come this far, and do all this work to let MΣC fail. The key here is patience, and our contributions to Megacoin's success.

[digeros]

Sooooooooooooooo, I'm only *slightly* concerned that it's been such a long time since we have heard anything from kimoto. Especially with altcoins going in the dumpster as much as they are the past couple of days and bitcoin poised to only push higher and higher. Still holding the bag, it's just getting heavier and heavier though....

the seeming decline in Alt coin Prices lately is beecause of not, in spite of BitCoin's PHENOMENAL Climb in the last few days.  the Altcoin markets just can't keep up, but the REAL price of your ALTCoins is the same although when translated into BTC the "integer" is lower... once translated out to fiat currency All Alt coin prices have been maintained or risen with BTC.  -digeros

[frobley]

Sooooooooooooooo, I'm only *slightly* concerned that it's been such a long time since we have heard anything from kimoto. Especially with altcoins going in the dumpster as much as they are the past couple of days and bitcoin poised to only push higher and higher. Still holding the bag, it's just getting heavier and heavier though....

the seeming decline in Alt coin Prices lately is beecause of not, in spite of BitCoin's PHENOMENAL Climb in the last few days.  the Altcoin markets just can't keep up, but the REAL price of your ALTCoins is the same although when translated into BTC the "integer" is lower... once translated out to fiat currency All Alt coin prices have been maintained or risen with BTC.  -digeros

panic selloffs, gotta love 'em 

[vtr99]

Sooooooooooooooo, I'm only *slightly* concerned that it's been such a long time since we have heard anything from kimoto. Especially with altcoins going in the dumpster as much as they are the past couple of days and bitcoin poised to only push higher and higher. Still holding the bag, it's just getting heavier and heavier though....

the seeming decline in Alt coin Prices lately is beecause of not, in spite of BitCoin's PHENOMENAL Climb in the last few days.  the Altcoin markets just can't keep up, but the REAL price of your ALTCoins is the same although when translated into BTC the "integer" is lower... once translated out to fiat currency All Alt coin prices have been maintained or risen with BTC.  -digeros

panic selloffs, gotta love 'em 

I can hear the "Jaws" music in the background. Less than 100 blocks to go! This roller coaster is looking mighty scary!



And just before Halloween too!   

[sharknutzz]

Welcome to block 84,000

84000   2013-10-20 04:15:15   4   80.32554967   9.063   19950050   81.6859   150.98   23.1376%

[Tequilablob]

And we are stuck on block 84019.

[Tequilablob]

Back moving again.. That was weird...

[cgminer-o]

Excellent graphic, cgminer-o! I will make one correction, however.  The code snippet that provides the block reward for MΣC follows:

Code:

int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 500 * COIN;
	/*
		Total Coins: 42 Million
		* 1st 5 Months, 21 Million Coins will be generated
		  Every 21,000 Blocks (1 Month) the reward steps down from 500, 250, 125, 75, 50.
		
		* Through the next few decades the Remaining 21 Million will be generated
		  Every 420,000 Blocks (2 Years), The reward starts at 25 and is Halved each period
		  10.5 Million come from first 2 Years of 420K Blocks
	*/
	int BlockCountA = 21000;
	int BlockCountB = 420000;
	if (nHeight >= BlockCountA * 5)
	{
		nSubsidy = 25 * COIN;
		nSubsidy >>= ((nHeight - (BlockCountA * 5)) / (BlockCountB)); // Subsidy is cut in half every 420000 blocks
	}
	else if (nHeight >= BlockCountA * 4) { nSubsidy = 50 * COIN; }
	else if (nHeight >= BlockCountA * 3) { nSubsidy = 75 * COIN; }
	else if (nHeight >= BlockCountA * 2) { nSubsidy = 125 * COIN; }
	else if (nHeight >= BlockCountA) { nSubsidy = 250 * COIN; }
	else { nSubsidy = 500 * COIN; }
	
    return nSubsidy + nFees;
}

The block reward will reach 25 at block height 105000.  The block reward will not reach 12.5 until a block height of 525000, however.  This is shown with the following line of code from the snippet above: nSubsidy >>= ((nHeight - (BlockCountA * 5)) / (BlockCountB));
At a block height of 420000, the equation works to be ((420000 - (21000 * 5 )) / (420000)) = ((420000 - (105000)) / (420000)) = ((315000) / (420000)) = 0 because of integer arithmetic.  I will spare you the details and tell you that the equation works out to be 1 at a block height of 525000, and the block reward is thus halved.    Other than that, your graphic looks great

I am ready to order the jackets whenever everyone else is! Just let me know!

As always, keep up the great work, Kimoto!

 

[orco#2]

Is anyone else having trouble logging into cryptsy?

[vtr99]

Is anyone else having trouble logging into cryptsy?

Something is definitely going on.

[ethought]

Is anyone else having trouble logging into cryptsy?

Something is definitely going on.

Seems to be working fine for me now. But they have been having serious issues all day it seems.