cryptopi (OP)
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June 25, 2013, 06:12:44 PM Last edit: July 08, 2013, 03:06:55 PM by cryptopi |
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Announcing Tradecoin (TDC)I know that there has been a huge flood of copy and paste litecoin (and other) clones recently and that their sole function has been to pump and dump and haven't really been unique in any way. I would not like TradeCoin to be like those other coins and I have endeavoured to do so not so much in the programming, but in the release and real-world use. So here are the specs for my new coin, TradeCoin: - 147,000,000 total coins (bitcoin times 7)
- 5 second block time
- 147,000,000 block reward, but only for the first block. Every block thereafter has a reward of 0
- scrypt algorithm
- Fist fully mined cryptocurrency in existence
Now please give me a chance to explain myself: Yes I know that means the first block is the only one that will yield coins and I know that a 5 second block time can have issues. However, please allow me to present the unique aspects and ideas of and behind this coin; please hear me out before posting derogatory comments: I will be mining all of the coins that will ever exist before I release it. I intend to release it on June 26th at 8:00 AM EST, and this thread is detailing its release. This coin will never really be mined, not like traditional coins are - hence the name TradeCoin. Therefore, the 5 second block time should not pose a problem and it should only serve to make transaction times as minimal as possible (because orphans will not exist). This coin will only be traded, either for free on giveaways, purchased from a coin holder, or purchased on an exchange. I believe this type of release has several advantages, the first of which being that the early adopters do not have some huge advantage and the second of which is that big time miners or botnets do not have an advantage and cannot unjustly acquire coins. In adidition, it does not require a huge, multi-thousand dollar investment in a mining rig to mine coins. The 147,000,000 coins I currently own will be used in the following manner (provided they still exist due to giveaways as that is a variable amount) (Pease PM when criteria for bounty has been met): - 56,000,000 for bounties
- 10,000,000 for the first exchange to support it
- 10,000,000 for the second exchange to support it
- 10,000,000 for the third exchange to support it
- 5,000,000 for the first gambling site to support it
- 5,000,000 for the second gambling site to support it
- 1,000,000 for the first faucet site to accept it (paid but could be better. I will pay more for more faucet sites. Gives 1k per person)
- 12,000,000 for the first merchant site to accept it
- 1,000,000 x 3 for three people to mine it (with any computer, just to keep it alive - but you must mine permanently as long as the coin is alive. I will pay 50-100k per month depending on what you will use to mine it and it should equal one million eventually)
- 80,000,000 for giveaways (80,000x1000)
- 11,000,000 for random things and I'd like to make a small profit
Free Tradecoins:If you have any ideas with regards to the release of this coin or if you have a better idea as to how many coins should be involved in giveaways and bounties, please feel free to voice your opinion I intend to make this release as transparent as possible, so please state any questions/comments/suggestions/ and I will try my best to take them under consideration. Forumhttp://tradecoin.freeforums.net/ (main - register and receive 3k TDC - https://bitcointalk.org/index.php?topic=244802.0) https://cryptocointalk.com/forum/272-tradecoin-tdc/ (secondary - perhaps for giveaways and such) Downloads:Windows Client Download: https://docs.google.com/file/d/0Bxg44Xg62898UkIzbTRpOW9PZGs/edit?usp=sharingSource Code at Github: https://github.com/tradecoin/tradecoinServices:https://bitcointalk.org/index.php?topic=244369.0 (exchange, actually) Game Sites that Accept TradeCoin:Ahmedbodiwala.tk/TDChttp://lotto.coinworld.us/TDC/http://altcoin.tk/http://www2.crypto-expert.com/Faucets/tradecoin.phpFor a chance to win 5k every day: https://bitcointalk.org/index.php?topic=244313.0Exchanges that Accept TradeCoin:https://bitcointalk.org/index.php?topic=244369.0This is just a new idea; it could fail miserably or it could succeed and there is only one way to find out Addnodes are: 105.236.147.148 116.193.172.4 137.117.179.86 125.17.245.78 **Additional bounties- Mac wallet - 100k
- Web wallet - 150k
[/list]
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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cryptopi (OP)
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June 25, 2013, 06:42:06 PM |
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reserved
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MaGNeT
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June 25, 2013, 06:44:29 PM |
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100% premined coin
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daggerismo
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June 25, 2013, 06:47:34 PM |
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ohhh i love this coin.... i will mine right now... ohh wait.... its all premined
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nawazish1
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PXC Research Team
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June 25, 2013, 06:48:04 PM |
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100% premined coin I left this for you to comment first. I think this will be a good idea for testing the future of LTC when coin creation will end. I think same applies to BTC.
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PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency.
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octal42
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June 25, 2013, 06:49:13 PM |
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What could possibly go wrong?
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cryptopi (OP)
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June 25, 2013, 06:50:17 PM |
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100% premined coin I left this for you to comment first. I think this will be a good idea for testing the future of LTC when coin creation will end. I think same applies to BTC. That was part of the experimental nature - a way of transporting into the future of other coins to see what happens
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cryptopi (OP)
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June 25, 2013, 06:51:30 PM |
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What could possibly go wrong?
Everything or nothing - that's the nature of an experiment
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HuuHachu
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June 25, 2013, 06:52:39 PM |
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5 second block time makes it easier to 51% ...
not getting reward on blocks mined does not mean you are protected from 51% attacks ...
51% attacks are mostly used to double spend coins once you own some.
As your coin will probably not atttract a lot of hashing power, it will therefore be even easier to 51% ...
You should go for proof of stake for this kind of concept.
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noble: 9mKQpsfLeabjFsPv3YR9zYoAVymDPyfjCp
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cryptopi (OP)
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June 25, 2013, 06:54:01 PM |
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5 second block time makes it easier to 51% ...
not getting reward on blocks mined does not mean you are protected from 51% attacks ...
51% attacks are mostly used to double spend coins once you own some.
As your coin will probably not atttract a lot of hashing power, it will therefore be even easier to 51% ...
You should go for proof of stake for this kind of concept.
Hmm, good point, if that occurs then it may necessitate creating version 2 of this coin
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amytheplanarshift
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June 25, 2013, 06:56:19 PM |
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- 8,000,000 for the first exchange to support it
- 10,000,000 for the second exchange to support it
- 12,000,000 for the third exchange to support it
- 5,000,000 for the first gambling site to support it
- 5,000,000 for the second gambling site to support it
- 1,000,000 for the first faucet site to accept it
- 12,000,000 for the first merchant site to accept it
- 1,000,000 x 3 for three people to mine it (with any computer, just to keep it alive)
Why would you give only 8 mil to the first exchange to support it and more to the exchanges that follow? Who is going to want to be first when you can be 3rd and get 4 million more coins? It makes zero sense, just like the entire coin itself.
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octal42
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June 25, 2013, 06:56:43 PM |
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I agree, proof of stake would make it interesting.
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cryptopi (OP)
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June 25, 2013, 06:59:33 PM |
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- 8,000,000 for the first exchange to support it
- 10,000,000 for the second exchange to support it
- 12,000,000 for the third exchange to support it
- 5,000,000 for the first gambling site to support it
- 5,000,000 for the second gambling site to support it
- 1,000,000 for the first faucet site to accept it
- 12,000,000 for the first merchant site to accept it
- 1,000,000 x 3 for three people to mine it (with any computer, just to keep it alive)
Why would you give only 8 mil to the first exchange to support it and more to the exchanges that follow? Who is going to want to be first when you can be 3rd and get 4 million more coins? It makes zero sense, just like the entire coin itself. Fixed
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amytheplanarshift
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June 25, 2013, 07:08:59 PM |
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Fixed
Gee, I'm glad you spent so much time thinking all this through.
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cryptopi (OP)
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June 25, 2013, 07:12:05 PM |
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Fixed
Gee, I'm glad you spent so much time thinking all this through. I actually did: my logic was that 8 million was enough for cryptsy to support it and then rewards of 10 and 12 million would entice vicurex and bter, respectfully. So there was logic to it, just not your logic.
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daggerismo
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June 25, 2013, 07:14:01 PM |
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i have a question.... in what point the miners enter to this coin? how we can get coins or its just a coin for buying/selling? well thats was two question
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cryptopi (OP)
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June 25, 2013, 07:17:17 PM |
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i have a question.... in what point the miners enter to this coin? how we can get coins or its just a coin for buying/selling? well thats was two question 1) Miners should not really be attracted to this coin, they have already all been created 2) Since they have already all been created, the only way to obtain is via a giveaway, buying or selling (I will be starting a giveaway of 1000 coins per person as soon as the coin is released). Does that answer your questions?
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daggerismo
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June 25, 2013, 07:25:59 PM |
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i have a question.... in what point the miners enter to this coin? how we can get coins or its just a coin for buying/selling? well thats was two question 1) Miners should not really be attracted to this coin, they have already all been created 2) Since they have already all been created, the only way to obtain is via a giveaway, buying or selling (I will be starting a giveaway of 1000 coins per person as soon as the coin is released). Does that answer your questions? i have another question what is the idea of this coin? just for example, i buy 100000 TDC for 1 LTC, then the price moves down and down and finally stabilize on 300000 for 1 LTC and never goes up....so i will lost a lot of money (not really a lot but this is just an example ) in other way the price can goes up and up and up an finally i can sell my 100000 TDC for 10 LTC, then people with a lot of LTC to spend can buy TDC and the rest of US just able to sell our few coins the risk is too high.... sorry for my bad english, i know that nobody can understand my point :/
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cryptopi (OP)
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June 25, 2013, 07:31:26 PM |
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i have a question.... in what point the miners enter to this coin? how we can get coins or its just a coin for buying/selling? well thats was two question 1) Miners should not really be attracted to this coin, they have already all been created 2) Since they have already all been created, the only way to obtain is via a giveaway, buying or selling (I will be starting a giveaway of 1000 coins per person as soon as the coin is released). Does that answer your questions? i have another question what is the idea of this coin? just for example, i buy 100000 TDC for 1 LTC, then the price moves down and down and finally stabilize on 300000 for 1 LTC and never goes up....so i will lost a lot of money (not really a lot but this is just an example ) in other way the price can goes up and up and up an finally i can sell my 100000 TDC for 10 LTC, then people with a lot of LTC to spend can buy TDC and the rest of US just able to sell our few coins the risk is too high.... sorry for my bad english, i know that nobody can understand my point :/ I understand your question The point of this coin is to act as an experiment to see what will happen to ltc when all coins have been created and because I thought it would be an interesting experiment. With regard to the risk, like most alts (and btc itself), price is driven purely by speculation so that argument can be made for most any coin. I don't believe there are any "risk free" coins (if there are then I want some )
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nearmiss
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June 25, 2013, 07:31:54 PM |
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how are transactions processed, with no one mining? What do tx fees look like?
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Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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cryptopi (OP)
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June 25, 2013, 07:33:28 PM |
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how are transactions processed, with no one mining?
I will be mining in the early stages to keep it alive and if you look at the bounties, there are three rewards of one million tdc each to three people who can mine it for longer.
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Oldminer
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June 25, 2013, 07:36:31 PM |
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Pointless thread.
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nearmiss
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June 25, 2013, 07:41:43 PM |
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how are transactions processed, with no one mining?
I will be mining in the early stages to keep it alive and if you look at the bounties, there are three rewards of one million tdc each to three people who can mine it for longer. Seems kind of open ended? When/how will you decide to pay out those bounties? What are the tx fees, is that something worth mining for? The concept is nice, but you need mining to keep the network going.
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Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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cryptopi (OP)
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June 25, 2013, 07:46:41 PM |
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how are transactions processed, with no one mining?
I will be mining in the early stages to keep it alive and if you look at the bounties, there are three rewards of one million tdc each to three people who can mine it for longer. Seems kind of open ended? When/how will you decide to pay out those bounties? What are the tx fees, is that something worth mining for? The concept is nice, but you need mining to keep the network going. I will pay out the bounties if someone pms me saying that they have any computer (could be an i5 for all I care) and they would like to mine tdc for at least a month or two. If they can only give a smaller portion of time, then I will give part of the million bounty. Do you have a better suggestion (I'd appreciate it)? Per day perhaps?
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Hazard
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June 25, 2013, 07:47:25 PM |
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Having no mining reward means a very low network hashrate. I will personally 51% attack and kill this shitty coin. You have my word.
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HuuHachu
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June 25, 2013, 07:57:50 PM |
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You should go for proof of stake blocks to maintain the network activity, really ... with proof of work, your coin is doomed by 51% attacks. EDIT: see above ^^
Proof of stake blocks do not even need to carry a reward if you want to keep your concept "pure".
Also, the price would probably stay very low as long as a lot of the premine has not been distributed.
But you also need to get people to trust you to effectively distribute the premine (and not secretly transfer a sizeable part of it to accounts you control). This part will be very hard to achieve ^^
Last but not least, you need to be sure a minimum of hashing power is kept dedicated ... You may have to "rent" some, paying for it each day or week with enough guarantees for a long period help publicly ...
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noble: 9mKQpsfLeabjFsPv3YR9zYoAVymDPyfjCp
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Giskard
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June 25, 2013, 08:02:07 PM |
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You should go for proof of stake blocks to maintain the network activity, really ...
This would have been an excellent experiment to see how PoS miners mantain a "mined-out" coin.
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cryptopi (OP)
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June 25, 2013, 08:04:51 PM |
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You should go for proof of stake blocks to maintain the network activity, really ... with proof of work, your coin is doomed by 51% attacks. EDIT: see above ^^
Proof of stake blocks do not even need to carry a reward if you want to keep your concept "pure".
Also, the price would probably stay very low as long as a lot of the premine has not been distributed.
But you also need to get people to trust you to effectively distribute the premine (and not secretly transfer a sizeable part of it to accounts you control). This part will be very hard to achieve ^^
Last but not least, you need to be sure a minimum of hashing power is kept dedicated ... You may have to "rent" some, paying for it each day or week with enough guarantees for a long period help publicly ...
Ok, I will probably update the bounties to include a set amount for a set number of hashes per day (renting it). I may have to push the release back a couple of days in order to incorporate proof of stake to gays against 51% attacks. As for the redistribution part, I'll try to figure that out.
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cryptopi (OP)
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June 25, 2013, 08:06:19 PM |
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You should go for proof of stake blocks to maintain the network activity, really ...
This would have been an excellent experiment to see how PoS miners mantain a "mined-out" coin. I will therefore probably not release it tomorrow then and incorporate proof of stake and release it a couple of days later (could still be tomorrow if I can get it done in time)
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stevenlam
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June 25, 2013, 08:08:34 PM |
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Buy 100,000,000 TDC for 1 LTC
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cryptopi (OP)
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June 25, 2013, 08:10:44 PM |
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Buy 100,000,000 TDC for 1 LTC I couldn't even sell that many because I have to use too many of them for bounties and giveaways. That also seems a bit low
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btceic
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June 25, 2013, 08:10:47 PM |
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thought experiment anybody care to do the math?
what would happen to a coin that increased its payout as blocks increased?
example: first block: 1 coin second block: 2 coins millionth block: 1000 coind etc etc last block: 10% of all coins
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cryptopi (OP)
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June 25, 2013, 08:12:30 PM |
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thought experiment anybody care to do the math?
what would happen to a coin that increased its payout as blocks increased?
example: first block: 1 coin second block: 2 coins millionth block: 1000 coind etc etc last block: 10% of all coins
Huh...interesting premise. Perhaps that would be a good experiment to run after this one gets started
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B. Tazed
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June 25, 2013, 08:13:01 PM |
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Even worse than another copy and paste...
*yawwwn...
Idiots.
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btceic
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June 25, 2013, 08:14:09 PM |
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thought experiment anybody care to do the math?
what would happen to a coin that increased its payout as blocks increased?
example: first block: 1 coin second block: 2 coins millionth block: 1000 coind etc etc last block: 10% of all coins
Huh...interesting premise. Perhaps that would be a good experiment to run after this one gets started the level of interest by miners would increase over time, thats for sure
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B. Tazed
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June 25, 2013, 08:14:20 PM |
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Having no mining reward means a very low network hashrate. I will personally 51% attack and kill this shitty coin. You have my word.
lol, I hope you do, should be doing the same with all the other shit thats come out in the last few days. Ill help
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forsetifox
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June 25, 2013, 08:17:37 PM Last edit: June 25, 2013, 11:22:16 PM by forsetifox |
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More coins must mean more profit, right? ... Right? 5 seconds per block is just silly. edit: Reading it all the 5 block times makes sense but giving yourself more than 7% of all coins is a bit much.
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cryptopi (OP)
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June 25, 2013, 08:19:41 PM |
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More coins must mean more profit, right? ... Right? 5 seconds per block is just silly. Why do you feel it's silly?
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Lauda
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Terminated.
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June 25, 2013, 08:42:29 PM |
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More coins must mean more profit, right? ... Right? 5 seconds per block is just silly. Why do you feel it's silly? Increase it to 10-15 seconds at least. I like the idea though
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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cryptopi (OP)
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June 25, 2013, 08:45:38 PM |
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More coins must mean more profit, right? ... Right? 5 seconds per block is just silly. Why do you feel it's silly? Increase it to 10-15 seconds at least. I like the idea though But what's the actual disadvantage of 5 seconds that causes you to say that?
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octal42
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June 25, 2013, 09:00:21 PM |
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Reserve me a spot on the giveaway thread, I always seem to miss those.
You might consider taking out proof of work entirely if you can't mine coins anyway. Have it be POS only. You'd probably have to take out the 30 day waiting period before you can mint POS blocks. Maybe make a day or an hour waiting period.
I disagree about making it 0%. If people don't have a incentive to mint, they won't do it.
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daggerismo
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June 25, 2013, 09:16:28 PM |
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i have a question.... in what point the miners enter to this coin? how we can get coins or its just a coin for buying/selling? well thats was two question 1) Miners should not really be attracted to this coin, they have already all been created 2) Since they have already all been created, the only way to obtain is via a giveaway, buying or selling (I will be starting a giveaway of 1000 coins per person as soon as the coin is released). Does that answer your questions? i have another question what is the idea of this coin? just for example, i buy 100000 TDC for 1 LTC, then the price moves down and down and finally stabilize on 300000 for 1 LTC and never goes up....so i will lost a lot of money (not really a lot but this is just an example ) in other way the price can goes up and up and up an finally i can sell my 100000 TDC for 10 LTC, then people with a lot of LTC to spend can buy TDC and the rest of US just able to sell our few coins the risk is too high.... sorry for my bad english, i know that nobody can understand my point :/ I understand your question The point of this coin is to act as an experiment to see what will happen to ltc when all coins have been created and because I thought it would be an interesting experiment. With regard to the risk, like most alts (and btc itself), price is driven purely by speculation so that argument can be made for most any coin. I don't believe there are any "risk free" coins (if there are then I want some ) but with other altcoins we can mine and catch a amount of coins, if whatever altcoin we choose to mine never get a price we just lost time, also we can traduce this time to money but we dont invest directly an amount of money on a coin, so the risk is too low in comparission of the coin you propouse (i know my enclish suck)
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cryptopi (OP)
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Want some pi with that?
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June 25, 2013, 09:24:35 PM |
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Granted, that is true. However, it be said that those mining rigs consume power and induce wear on the gpus. Yes, technically my coin may bear a slightly higher risk, but nothing is perfect. In addition, my giveaway will have 1000 coins per person and that is free.
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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anderl
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June 25, 2013, 09:26:28 PM |
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wow this is the stupidest coin idea to date. When I read the OP I thought it was a joke. But now I realize you are being serious with this idea.
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cryptopi (OP)
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Want some pi with that?
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June 25, 2013, 09:27:48 PM |
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wow this is the stupidest coin idea to date. When I read the OP I thought it was a joke. But now I realize you are being serious with this idea.
Just an experiment, calm down
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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anderl
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June 25, 2013, 09:32:56 PM |
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wow this is the stupidest coin idea to date. When I read the OP I thought it was a joke. But now I realize you are being serious with this idea.
Just an experiment, calm down I can experiment too. Let me test to see if Earth's atmosphere is breathable by humans.... hmmmm... yep. Experiment was successful.
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cryptopi (OP)
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Want some pi with that?
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June 25, 2013, 09:35:21 PM |
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wow this is the stupidest coin idea to date. When I read the OP I thought it was a joke. But now I realize you are being serious with this idea.
Just an experiment, calm down I can experiment too. Let me test to see if Earth's atmosphere is breathable by humans.... hmmmm... yep. Experiment was successful. Congratulations on the groundbreaking discovery. You may need to run multiple trials to ensure reliable data though.
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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anderl
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June 25, 2013, 09:37:11 PM |
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wow this is the stupidest coin idea to date. When I read the OP I thought it was a joke. But now I realize you are being serious with this idea.
Just an experiment, calm down I can experiment too. Let me test to see if Earth's atmosphere is breathable by humans.... hmmmm... yep. Experiment was successful. Congratulations on the groundbreaking discovery. You may need to run multiple trials to ensure reliable data though. You get my point don't you?
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cryptopi (OP)
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June 25, 2013, 09:38:51 PM |
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Yeah But I am still free to conduct my experiment and so I will.
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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butjust41day
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June 25, 2013, 09:52:09 PM |
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In the spirit of the "experiment" I am willing to purchase 1000 TDCs for 1 litecoin. I will then donate the 1000 TDCs to the TDCs foundation in order to promote a sense of humour world wide. I think this money is badly needed based on many of the posts in response to it's release.
I have also noticed that nick names are given to many of the alt coins usually as an insult. I would like to propose a nickname not as an insult; but, in honor of this new coin "Top Dog Coin"
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ahmed_bodi
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June 25, 2013, 10:14:41 PM |
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PM me when its released so i dont forget, ill have a lotto and faucet up and ready for you
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Bitrated user: ahmedbodi.
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HuuHachu
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June 26, 2013, 05:28:27 AM |
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wow this is the stupidest coin idea to date. When I read the OP I thought it was a joke. But now I realize you are being serious with this idea.
Could you explain why you find it so "stupid" ? Granted it moves to a specially tuned PoS, and some other points are also better tuned, it actually is a nice experiment ... In PoW only coins (bitcoin, litecoin, etc.), we are essentially wasting increasing amount of energy and money to buy more and more tickets and hoping to win the worlwide (block) lottery. In PoW+PoS coins (PPC, NVC, etc.), the PoW is used to dispatch an initial amount of coins. This distribution should be as fair as possible. Then PoW is gradually shut down and PoS keeps the network alive. This proposition is basically to skip the initial PoW dispatching and use instead a manual dispatch ... A little time consuming, but not really less fair than mining anyway, and much more energy efficient. Of course, having the people trust the manual dispatch process may be tricky ^^ Also, this is kind of similar to the way ripple are dispatch, isn't it ? PS: In this spirit, even giving the coins to facebook accounts created before the coin announce kind of would do !
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noble: 9mKQpsfLeabjFsPv3YR9zYoAVymDPyfjCp
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The_Catman
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Captain Jack Fenderson
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June 26, 2013, 06:58:27 AM |
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I may have to push the release back a couple of days in order to incorporate proof of stake to gays against 51% attacks.
...wait, what?
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nawazish1
Sr. Member
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PXC Research Team
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June 26, 2013, 09:25:21 AM |
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I may have to push the release back a couple of days in order to incorporate proof of stake to gays against 51% attacks.
...wait, what? Well noticed
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PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency.
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CaptChadd
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June 26, 2013, 09:56:59 AM |
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This coin would work only if it really was Bitcoin or Litecoin after the miners reward had reduced to 0 but with these two coins, I would hope, there would be such massive amounts of transactions going on with them that the total miner fee's in each block would be a sizeable miners reward and so keeping the global hashrate high.
With this coin, there will be little to no miner fee's in the block reward due to small amounts of transactions, most users having only 1000 coins in a giveaway and then the OP with 11 million coins.
I cannot imagine a coin taking off when right from the start you have and hold so many coins, that is a massive leap of faith for miners and traders.
I have an idea, when released why don't you start up a P2Pool and every miner can join that and then you can "donate" a massive chunk of that premine to the miners, say, 7 times, once everyday for a week as a lucky gift and leave yourself with 100,000 or something more realistic than 11 million.
This would get the hashrate up, as the miners will be waiting for a payout, there will be more coin out there to be traded with and create transaction fee's.
Also changing the client so it is stuck or forced to send a transaction fee is a must with this release.
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nawazish1
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PXC Research Team
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June 26, 2013, 10:00:13 AM |
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This coin would work only if it really was Bitcoin or Litecoin after the miners reward had reduced to 0 but with these two coins, I would hope, there would be such massive amounts of transactions going on with them that the total miner fee's in each block would be a sizeable miners reward and so keeping the global hashrate high.
With this coin, there will be little to no miner fee's in the block reward due to small amounts of transactions, most users having only 1000 coins in a giveaway and then the OP with 11 million coins.
I cannot imagine a coin taking off when right from the start you have and hold so many coins, that is a massive leap of faith for miners and traders.
I have an idea, when released why don't you start up a P2Pool and every miner can join that and then you can "donate" a massive chunk of that premine to the miners, say, 7 times, once everyday for a week as a lucky gift and leave yourself with 100,000 or something more realistic than 11 million.
This would get the hashrate up, as the miners will be waiting for a payout, there will be more coin out there to be traded with and create transaction fee's.
Also changing the client so it is stuck or forced to send a transaction fee is a must with this release.
Really good points to be taken in consideration.
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PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency.
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anderl
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June 26, 2013, 10:02:50 AM |
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Could you explain why you find it so "stupid" ?
1. it is centralized. one central "bank" of coins if you will will control how they are distributed. 2. no miners, no network, no transactions are processed except for the developer who is the same as the "bank" more centralization 3. centralization means easier for governments to shut it down, regulate it because there is a country of origin. Also, this is kind of similar to the way ripple are dispatch, isn't it ?
correct and I believe that ripple flies in the face of what cryptocurrencies are meant to be.
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cryptopi (OP)
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Want some pi with that?
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June 26, 2013, 02:30:21 PM |
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Sorry, slept through my alarm. This coin is now officially released and the wallet download link and the source code from github can be found in the OP
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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Giskard
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June 26, 2013, 02:37:43 PM |
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Sorry, slept through my alarm. This coin is now officially released and the wallet download link and the source code from github can be found in the OP
Ok, start the giveaway (bonus for being first?) GQCu7dECXnkDWXaLUmbRSFxm82EQoYSqhS
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cryptopi (OP)
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Want some pi with that?
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June 26, 2013, 02:39:43 PM |
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Sorry, slept through my alarm. This coin is now officially released and the wallet download link and the source code from github can be found in the OP
Ok, start the giveaway (bonus for being first?) GQCu7dECXnkDWXaLUmbRSFxm82EQoYSqhS Sure, you get a bonus of an extra 1000. One moment and I will send 2000 TDCs to you
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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tadakaluri
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June 26, 2013, 02:40:25 PM |
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Please send my 80,000 TDCs.....
GJuxiqE5h85PS1B1xg8s158krVWToYwbma
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nagatlakshmi
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June 26, 2013, 02:41:49 PM |
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GZugQscFvTjAVhyQaWfxi316MTdaQq8N5y
Send coins to start checking......
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SistaFista
Sr. Member
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Hexhash.xyz
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June 26, 2013, 02:46:22 PM |
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This is the dumbest coin release yet..... Seriously GTFOH
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cryptopi (OP)
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Want some pi with that?
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June 26, 2013, 02:52:30 PM |
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all sent
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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Giskard
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June 26, 2013, 03:00:46 PM |
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80,000,000 for giveaways (80,000x1000)
If it takes you 15 seconds to do one transaction, 80,000 transactions will take you almost 14 days continuously
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nawazish1
Sr. Member
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PXC Research Team
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June 26, 2013, 03:02:05 PM |
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GU8SyfmwAunbg1jDgFmLwdCpry3dRfAmxR Send me bonus to accept this
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PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency.
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cryptopi (OP)
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Want some pi with that?
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June 26, 2013, 03:03:13 PM |
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80,000,000 for giveaways (80,000x1000)
If it takes you 15 seconds to do one transaction, 80,000 transactions will take you almost 14 days continuously I never said it would be fast . Also, I have been thinking about bumping up the giveaway amount
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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nawazish1
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PXC Research Team
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June 26, 2013, 03:04:09 PM |
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80,000,000 for giveaways (80,000x1000)
If it takes you 15 seconds to do one transaction, 80,000 transactions will take you almost 14 days continuously I never said it would be fast . Also, I have been thinking about bumping up the giveaway amount Start the bump with me GU8SyfmwAunbg1jDgFmLwdCpry3dRfAmxR
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PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency.
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Giskard
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June 26, 2013, 03:04:29 PM |
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80,000,000 for giveaways (80,000x1000)
If it takes you 15 seconds to do one transaction, 80,000 transactions will take you almost 14 days continuously I never said it would be fast . Also, I have been thinking about bumping up the giveaway amount yeah, maybe the first person in the thread gets 100,000, the next one 99,000, etc
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nawazish1
Sr. Member
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PXC Research Team
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June 26, 2013, 03:06:13 PM |
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Wallet out of sync and not syncing at all.
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PXC: PmfFgdwwcXPa1QUmtVJevdPfHhmhztHHCv BTC: 1P22tVABsd85L7kkpTmohCv5vK2BypFz3H Phoenixcoin (PXC), a decentralised open source digital currency.
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ig0tik3d
Legendary
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Merit: 1000
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June 26, 2013, 03:07:38 PM |
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 getpeerinfo  [ { "addr" : "69.85.86.195:10002", "services" : "00000001", "lastsend" : 1372259363, "lastrecv" : 1372259365, "conntime" : 1372259362, "version" : 60001, "subver" : "/Satoshi:1.0.0/", "inbound" : false, "releasetime" : 0, "startingheight" : 684, "banscore" : 0 } ]
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tonyback
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June 26, 2013, 03:08:13 PM |
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giveways is 80.000 coins per address
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cryptopi (OP)
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Want some pi with that?
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June 26, 2013, 03:09:23 PM |
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(80,000x1000) - means 1000 per person times however many people want them. I will probably end up increasing giveaway size though
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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testz
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Merit: 1018
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June 26, 2013, 03:32:28 PM |
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To speed up the network discovery process you can use addnode param into command line or tradecoin.conf file: tradecoin-qt.exe -addnode=137.117.179.86
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kaputt
Member
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June 26, 2013, 03:48:14 PM |
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GKCjWbeCtgWQYpURckgcKjR6QXFjtd3aZX
Hey thanks!
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tupacshomey
Newbie
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Activity: 40
Merit: 0
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June 26, 2013, 03:50:06 PM |
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GPoqAEAopcB1KkB7euQjLsQh7hz5EY1btr
thanks
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octal42
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June 26, 2013, 03:57:59 PM |
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Here's my address: GZNP9QKMuGiDm6eoVrc1PGe3NLCevp9HFC Thanks!
Did you get POS included or did you go with your orignal idea?
Edit: I'll CPU mine it a bit and see how that goes.
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sevenseals
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June 26, 2013, 04:38:19 PM |
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here is my address: GbGM1rbYSQVsPhnwoZZKgAtDfMzfUqQsgH
cool experiment. i'm excited what happens. in a few years its the coin no.1 although it was initially an experiment.
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sevenseals
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June 26, 2013, 04:45:16 PM |
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btc-e is down. because adding tradecoins? :-)
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octal42
Newbie
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Merit: 0
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June 26, 2013, 04:46:29 PM |
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Wow, someone pointed some heavy hashing power at it. It's doing maybe 5-10 blocks a second now.
Before that I was getting maybe 1/2 to 1/3 of all the blocks with my wimpy 40kHps
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ahmed_bodi
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June 26, 2013, 04:47:10 PM |
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Right i expect 2 of the bounties, Faucet and gambling site up as promised.
Ahmedbodiwala.tk/TDC
It just needs some TDC Banners Address: GXdVTJZ3jz42hM5sAFXLirb6yMTwhrzZUU
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Bitrated user: ahmedbodi.
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ahmed_bodi
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June 26, 2013, 04:57:49 PM |
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how do you figure that one out? ive been running dgc, wdc, dvc ones for a while. weve been hitting 8k wdc lately. so whats ur prob? try asking about me on the dgc irc or mcxnow and ull see i have a good rep
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Bitrated user: ahmedbodi.
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SistaFista
Sr. Member
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Activity: 1638
Merit: 251
Hexhash.xyz
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June 26, 2013, 05:08:11 PM |
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Right i expect 2 of the bounties, Faucet and gambling site up as promised.
Ahmedbodiwala.tk/TDC
It just needs some TDC Banners Address: GXdVTJZ3jz42hM5sAFXLirb6yMTwhrzZUU
chill with the copyright notice I dont think anyone will wanna steal that, lol
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eddyfitz
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June 26, 2013, 05:09:19 PM |
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- 80,000,000 for giveaways (80,000x1000)
why you have giveaway of 1000 then? I guess it should be 80k to 1000 people, otherwise it makes no sense. also, I'm mining it on my server, so any donations welcomed: GaaJi9SaNaLw8wQoD5w6frdMKgcRNofFRj
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qwep
Legendary
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Activity: 1008
Merit: 1000
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June 26, 2013, 05:09:34 PM |
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which port
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ahmed_bodi
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June 26, 2013, 05:09:57 PM |
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lol, sorry :p i have it there just in case. its just part of my webpage template
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Bitrated user: ahmedbodi.
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tadakaluri
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June 26, 2013, 05:12:51 PM |
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It is not possible 80,000 people can download the client and ask you for bounty. So get realise and send 80,000 TDCs each to 1000 people and start the play. Send me first 80,000 TDCs here: GJuxiqE5h85PS1B1xg8s158krVWToYwbma
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qwep
Legendary
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Activity: 1008
Merit: 1000
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June 26, 2013, 05:23:36 PM |
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61 accepted, and zero in the balance
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ig0tik3d
Legendary
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Merit: 1000
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June 26, 2013, 05:29:39 PM |
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61 accepted, and zero in the balance int64 static GetBlockValue(int nHeight, int64 nFees) { int64 nSubsidy = 0 * COIN; if(nHeight == 1) nSubsidy = 147000000 * COIN; else if(nHeight > 1) nSubsidy = 0 * COIN;
return nSubsidy + nFees; }
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qwep
Legendary
Offline
Activity: 1008
Merit: 1000
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June 26, 2013, 05:35:34 PM |
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61 accepted, and zero in the balance int64 static GetBlockValue(int nHeight, int64 nFees) { int64 nSubsidy = 0 * COIN; if(nHeight == 1) nSubsidy = 147000000 * COIN; else if(nHeight > 1) nSubsidy = 0 * COIN;
return nSubsidy + nFees; }
And to what unit will pay 0
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sevenseals
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June 26, 2013, 05:43:51 PM |
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did the bounty start? i didn't get any tradecoins yet.
one question: as you start with prove of stake, what is the reward for holding stakes?
address: GbGM1rbYSQVsPhnwoZZKgAtDfMzfUqQsgH
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qwep
Legendary
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Activity: 1008
Merit: 1000
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June 26, 2013, 06:02:48 PM |
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GgBgxSoHfVCrW5pmGCwYoUrfoGCwxr3HxH
Thanks!
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TheSwede75
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June 26, 2013, 07:02:59 PM |
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Well, at least it's an interesting idea: How about sending me a bag of them for throwing 1 MH/s at the coin for a few days so keep it alive until we see if something happens?
GHwrUCVogVXZb2wyHrGskoG4QEhtwE8D4X
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Breen2543
Newbie
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Activity: 42
Merit: 0
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June 26, 2013, 10:47:43 PM |
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GfxiYrQotqzH5Vfy7NiVG2Z7xunKxZKGUM
Thanks
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cryptopi (OP)
Full Member
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Merit: 100
Want some pi with that?
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June 27, 2013, 01:12:52 AM |
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Right i expect 2 of the bounties, Faucet and gambling site up as promised.
Ahmedbodiwala.tk/TDC
It just needs some TDC Banners Address: GXdVTJZ3jz42hM5sAFXLirb6yMTwhrzZUU
Sent 1,000,000 of them. I recognize the faucet (although that is really kind of weak - 1 TDC: really?). I do not recognize lotto as gambling - I recognize it as a seperate type of site which I did not have on the bounty list. When I said "gambling" I meant traditional gambling such as ones modeled after actual casino games. I think one million is more than generous for that. I would really appreciate it if you would increase the 1TDC limit because you now have a million. Increase it to at least 1k-5k TDC please.
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 01:17:35 AM |
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Well, at least it's an interesting idea: How about sending me a bag of them for throwing 1 MH/s at the coin for a few days so keep it alive until we see if something happens?
GHwrUCVogVXZb2wyHrGskoG4QEhtwE8D4X
Sent a bunch of 'em
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 01:18:10 AM |
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did the bounty start? i didn't get any tradecoins yet.
one question: as you start with prove of stake, what is the reward for holding stakes?
address: GbGM1rbYSQVsPhnwoZZKgAtDfMzfUqQsgH
I chose not to incorporate PoS and I sent you some
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 01:18:33 AM |
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...and all sent . Just post more addresses to get more
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 03:07:25 AM |
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Additional bounty added- compile a Mac wallet for 50k coins
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techbytes
Legendary
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Merit: 1054
Point. Click. Blockchain
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June 27, 2013, 03:45:32 AM |
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GVsrfLdWivJRpx3nGnQH5YCwQBX9hQ2wCh
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myweblife
Sr. Member
Offline
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Merit: 250
mycoin.bitbank.com
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June 27, 2013, 04:23:23 AM |
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GgvycpZTHmLf9a6HXm9BKdbLKHyTDUuFko
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investment&deposit your BTC on bitbankmining BTC on
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ilostcoins
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June 27, 2013, 04:42:59 AM |
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IMO, this experiment would be more interesting with POS to see if it can safeguard the coin from 51% attacks.
Anyway, is posting address here separate from the other thread? GJ66i9i2L9R8YssNPfj1fvge4aGwnBYSLm
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LTC: LSyqwk4YbhBRtkrUy8NRdKXFoUcgVpu8Qb NVC: 4HtynfYVyRYo6yM8BTAqyNYwqiucfoPqFW TAG id: 4313 CMC: CAHrzqveVm9UxGm7PZtT4uj6su4suxKzZv YAC: Y9m5S7M24sdkjdwxnA9GZpPez6k6EqUjUt
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coinerd
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June 27, 2013, 07:11:05 AM |
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IMO, this experiment would be more interesting with POS to see if it can safeguard the coin from 51% attacks.
Anyway, is posting address here separate from the other thread? GJ66i9i2L9R8YssNPfj1fvge4aGwnBYSLm
Dunno but it's bitcointalk and I see a bunch of addresses GdEccf6535yfkqfCBNiamaNHfFsVUCMX7o
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coinerd
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June 27, 2013, 07:50:18 AM |
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Ok, I saw the OP's coment about this already but I'm doing it anyways, for now. Here is a new site for you to, errrr, ahhhhh, invest your tradecoins. http://lotto.coinworld.us/TDC/Yeah, it's a risky investment.
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ahmed_bodi
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June 27, 2013, 09:17:07 AM |
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tbh youre pathetic. Lotto is in many places considered gambling. No i wont increase the faucet, im going to keep it at 1 tdc, to cover the cost of running the lotto aswell. You may not want to pay for a tdc lotto but im sure many people here would still like to use one
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Bitrated user: ahmedbodi.
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CaptChadd
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June 27, 2013, 11:45:22 AM |
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I think we can all say that this is such an experiment and a little bit of fun just to see how things would pan out, we all know this is not going to get on exchange so we might as well just spread the coin love and maybe even learn how things might pan out in the future.
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 03:06:34 PM |
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I will give at least 2000 TDC to any address I see, regardless of where you post it All sent
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 03:11:12 PM |
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tbh youre pathetic. Lotto is in many places considered gambling. No i wont increase the faucet, im going to keep it at 1 tdc, to cover the cost of running the lotto aswell. You may not want to pay for a tdc lotto but im sure many people here would still like to use one
Did you really think that was worthy of 6 million coins? Maybe 20k, tops. For a quality site I would have gladly paid 6 million for a faucet and gambling. Just enjoy the million you already received. If you increase the amount of the faucet, I would gladly pay more to cover the additional costs; the goal is to spread the coin around as much as possible.
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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ahmed_bodi
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June 27, 2013, 03:12:52 PM |
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The aim of the game is not wether something is up to ur standards, you didnt say no lottos. So truthfully, you should pay up to me and to the guy who runs the other lotto.
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Bitrated user: ahmedbodi.
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bonsai99
Member
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June 27, 2013, 03:22:16 PM |
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tbh youre pathetic. Lotto is in many places considered gambling. No i wont increase the faucet, im going to keep it at 1 tdc, to cover the cost of running the lotto aswell. You may not want to pay for a tdc lotto but im sure many people here would still like to use one
How about you increase the faucet reward and don't make yourself like a giant scammer that just ripped off 1m tradecoins. No one is going to pay for your lotto with the way you are acting right now. And there is barely any cost of running anything you are doing, you are on a .tk domain.
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 03:29:35 PM |
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tbh youre pathetic. Lotto is in many places considered gambling. No i wont increase the faucet, im going to keep it at 1 tdc, to cover the cost of running the lotto aswell. You may not want to pay for a tdc lotto but im sure many people here would still like to use one
How about you increase the faucet reward and don't make yourself like a giant scammer that just ripped off 1m tradecoins. No one is going to pay for your lotto with the way you are acting right now. And there is barely any cost of running anything you are doing, you are on a .tk domain. Exactly; thank you
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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ahmed_bodi
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June 27, 2013, 03:40:52 PM |
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Really, so the electricity of running a server is paid by you right?
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Bitrated user: ahmedbodi.
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ahmed_bodi
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June 27, 2013, 03:43:01 PM |
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oh and btw please remind me how running a faucet makes me a scammer, look at my wdc, dgc and dvc faucets im pretty sure i never got a penny of bounties to run any of the faucets and lottos. Only reason im even claiming the bounty for this one, is because my mining rig is broken
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Bitrated user: ahmedbodi.
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bonsai99
Member
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June 27, 2013, 03:47:27 PM |
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Really, so the electricity of running a server is paid by you right?
So that justifies ripping people off because of your operating costs? Maybe I should run a faucet off of a $10,000 server and say oh no coins for you because it is costing me a lot in electricity to run this $10,000 server. Also you volunteered to make a faucet for the better good of the coin and to promote it but you are just screwing over everyone. oh and btw please remind me how running a faucet makes me a scammer, look at my wdc, dgc and dvc faucets im pretty sure i never got a penny of bounties to run any of the faucets and lottos. Only reason im even claiming the bounty for this one, is because my mining rig is broken
It makes you look like a scammer because you aren't doing what the person that gave you the bounties wants and because you started acting like a little baby when he didn't give you the bounty for your "gambling site"
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ahmed_bodi
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June 27, 2013, 03:48:37 PM |
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and how exactly have i said no coins? ive said ill give it in 1tdc per address? :S EDIT: LOL, if he wants it run his way, he should operate the site, simples I run the site, i have the hardware so ill give the coins away at an interval i like
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Bitrated user: ahmedbodi.
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bonsai99
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June 27, 2013, 03:50:45 PM |
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and how exactly have i said no coins? ive said ill give it in 1tdc per address? :S EDIT: LOL, if he wants it run his way, he should operate the site, simples I run the site, i have the hardware so ill give the coins away at an interval i like Wow 1/1,000,000 of what you got for each person! I wish I could get a huge bounty like that for a faucet and pay out peanuts to everyone! Also he should have it run his way because he gave you the coins to run it and you volunteered if you didn't want to run it his way in the first place why did you do it? To scam people? Certainly looks like it.
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ahmed_bodi
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June 27, 2013, 03:54:45 PM |
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Look troll, you can get lost, let the big boys talk! cryptopi pm'd me and ive told him why im giving away that much
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Bitrated user: ahmedbodi.
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bonsai99
Member
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June 27, 2013, 03:56:15 PM |
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Look troll, you can get lost, let the big boys talk! cryptopi pm'd me and ive told him why im giving away that much
Troll? I am just point out the facts that you are ripping people off.
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ahmed_bodi
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June 27, 2013, 03:58:48 PM |
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how is it a fact? i got the bounty fair and square, im giving away tdc's at the amount i believe is sustainable so the faucet can run for a longgg time. So from which angle am i a scammer? Also i dont believe ive had a pm from u about my plans for tdc so until u get the real facts, keep quiet.
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Bitrated user: ahmedbodi.
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bonsai99
Member
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June 27, 2013, 04:00:04 PM |
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how is it a fact? i got the bounty fair and square, im giving away tdc's at the amount i believe is sustainable so the faucet can run for a longgg time. So from which angle am i a scammer? Also i dont believe ive had a pm from u about my plans for tdc so until u get the real facts, keep quiet.
An amount that is sustainable? LOL 1,000,000 would have to visit your site to give out the entire bounty.
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ahmed_bodi
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June 27, 2013, 04:01:39 PM |
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like i said u dont know what im planning, although ill give u a hint, only around 1/2 of the bounty will be for the faucet
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Bitrated user: ahmedbodi.
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GoldBit89
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June 27, 2013, 04:05:25 PM |
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GM6iMbFcVeRDJTSQBPDx6faF6NWJU26Ad8
thank you.
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FTC 6nvzqqaCEizThvgMeC86MGzhAxGzKEtNH8 |WDC WckDxipCes2eBmxrUYEhrUfNNRZexKuYjR |BQC bSDm3XvauqWWnqrxfimw5wdHVDQDp2U8XU BOT EjcroqeMpZT4hphY4xYDzTQakwutpnufQR |BTG geLUGuJkhnvuft77ND6VrMvc8vxySKZBUz |LTC LhXbJMzCqLEzGBKgB2n73oce448BxX1dc4 BTC 1JPzHugtBtPwXgwMqt9rtdwRxxWyaZvk61 |ETH 0xA6cCD2Fb3AC2450646F8D8ebeb14f084F392ACFf
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 04:07:36 PM |
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GM6iMbFcVeRDJTSQBPDx6faF6NWJU26Ad8
thank you.
np
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cryptopi (OP)
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June 27, 2013, 04:10:00 PM |
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Look troll, you can get lost, let the big boys talk! cryptopi pm'd me and ive told him why im giving away that much
And I got your PM and was not particularly impressed. Then I responded with a multi paragraph answer explaining the situation and seeking out an equitable answer for both you and I. I await your response, at your convenience of course. And by the way, bonsai99, I have no reason to believe that you are wrong at this moment, we will wait and see how he defends himself and what actually happens. Let's hope we are both wrong
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 04:38:55 PM |
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Good plan . If you ever need/want more TDC for the lotto, all you need to do is ask
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octal42
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June 27, 2013, 05:04:54 PM |
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Is it intended that there are no fees at all? When I try sending, it doesn't charge me. And there isn't a field to specify what the fee is.
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 05:15:56 PM |
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Is it intended that there are no fees at all? When I try sending, it doesn't charge me. And there isn't a field to specify what the fee is.
Yes
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coinerd
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June 27, 2013, 06:13:59 PM |
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I woke up to my giveaway coins this morning, and a little bonus. I bought 500 tickets, then sent 5000 more coins in ""the back way". Let's Play! Drawing is Sunday, noon PST.
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 06:19:05 PM |
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I woke up to my giveaway coins this morning, and a little bonus. I bought 500 tickets, then sent 5000 more coins in ""the back way". Let's Play! Drawing is Sunday, noon PST. Cool. I would be willing to donate some coins (not for tickets, but to increase jackpot amount) if I knew where to send em
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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qwep
Legendary
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Merit: 1000
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June 27, 2013, 06:22:48 PM |
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why in the extraction of a solo, found blocks are not rewarded, and which port
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coinerd
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June 27, 2013, 06:26:27 PM |
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Cool. I would be willing to donate some coins (not for tickets, but to increase jackpot amount) if I knew where to send em I stay out of most of the drawings. But in this case, for a new coin I've decided to play a little. taking <10% of the tickets i "payed for" i don't feel so bad. Due to this thread and two other conversations, I'm thinking about adding a place where people can donate to the pot. Not many people would use it but coin devs and promoters, I think. However this is not the first time I've been "asked". Just an aside: There will never be a place for users to donate to the lotto owners directly on this site This is the first time I've added coins outside the script, it looks like they go into the jackpot correctly and aren't associated with any reservation to create tickets, so this should work fine. Thanks for your support.
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sevenseals
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June 27, 2013, 06:38:04 PM |
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...and all sent . Just post more addresses to get more GaikeavRbZwETPXN3Rdr3oViY3re3SpxQq
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sevenseals
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June 27, 2013, 07:02:33 PM |
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and another: GbqeiycrNYrPa5Ep6fJ4n8aNJ39S2VwFB7 and another: GcE1kTD9PHoUtn78bDcBMev8yiXXUtbNyF and another: GJwuW37je3RVM5GVHS66kjDWfAmzrzFsA1 and another: GZQJAHueqXvt3659WscwMeqUNeVayY1w9H and another: GTCU7i6r1rGXTasUDBB1nP2SsayjPoaTJq and another: GgFotEN5sGxoZsNacBqxPaVyqfENUs8cVZ and another: GdxcsqqzVBCR2kbg3gvKg4b4vGVdEe7k8e and another: GK2P55PNb5aUcT97RcFcNffXLbWbonzoop and another: GU3ZJqW9WcjxNJGQVuULQC9YPVWyFBnuVY and another: GTUTnT3ctzW7zHMgG6pCNCRHiRQWFYzneQ and another: GawzdCC9712Wq7rmxk75HSCWSm8RFg41g1 and another: GaeqHWrCHF4Yc64S6WopQzoB9EWwdNum2o and another: GTUDpm6rwJcVQwuPw8cL5YdMTbv5KpwEHe and another: GQ6NKbwat7AD3oGimdFpkuFHfKcoGNL2As and another: GMfMwSrTSRq9GSG5ZhVbwoDCwUyZ6DiaXn and another: GSUC15Gnf4tySwVZF7yNGcqTeThEYMLRzy and another: GXtUNdPZPx4Q5jAVjkcZH6Y5UquVsUNmNa and another: Gb6azkRz1c7uS8FHMhzeoRuK3g6WhubrHW and another: GYae23Qkch9kPaqUq5yQ5VvWUvAe12tLH7 and another: GbVby5UV6mpL3XFScsTA3mJUh2m752nGZ4 and another: GYcsw51Mg79vxgPnuvjYGwBsry4jMDhjuL and another: GWy2PRpEFkcyoLa6NDfwdBi62wXyKSkdAc
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cryptopi (OP)
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Offline
Activity: 168
Merit: 100
Want some pi with that?
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June 27, 2013, 07:05:39 PM |
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and another: GbqeiycrNYrPa5Ep6fJ4n8aNJ39S2VwFB7 and another: GcE1kTD9PHoUtn78bDcBMev8yiXXUtbNyF and another: GJwuW37je3RVM5GVHS66kjDWfAmzrzFsA1 and another: GZQJAHueqXvt3659WscwMeqUNeVayY1w9H and another: GTCU7i6r1rGXTasUDBB1nP2SsayjPoaTJq and another: GgFotEN5sGxoZsNacBqxPaVyqfENUs8cVZ and another: GdxcsqqzVBCR2kbg3gvKg4b4vGVdEe7k8e and another: GK2P55PNb5aUcT97RcFcNffXLbWbonzoop and another: GU3ZJqW9WcjxNJGQVuULQC9YPVWyFBnuVY and another: GTUTnT3ctzW7zHMgG6pCNCRHiRQWFYzneQ and another: GawzdCC9712Wq7rmxk75HSCWSm8RFg41g1 and another: GaeqHWrCHF4Yc64S6WopQzoB9EWwdNum2o and another: GTUDpm6rwJcVQwuPw8cL5YdMTbv5KpwEHe and another: GQ6NKbwat7AD3oGimdFpkuFHfKcoGNL2As and another: GMfMwSrTSRq9GSG5ZhVbwoDCwUyZ6DiaXn and another: GSUC15Gnf4tySwVZF7yNGcqTeThEYMLRzy and another: GXtUNdPZPx4Q5jAVjkcZH6Y5UquVsUNmNa and another: Gb6azkRz1c7uS8FHMhzeoRuK3g6WhubrHW and another: GYae23Qkch9kPaqUq5yQ5VvWUvAe12tLH7 and another: GbVby5UV6mpL3XFScsTA3mJUh2m752nGZ4 and another: GYcsw51Mg79vxgPnuvjYGwBsry4jMDhjuL and another: GWy2PRpEFkcyoLa6NDfwdBi62wXyKSkdAc
You know what I meant . I sent 4,000 to the first one because it was funny
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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sevenseals
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June 27, 2013, 08:29:36 PM |
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yes I know :-)
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kaputt
Member
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June 27, 2013, 08:36:44 PM |
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Is it intended that there are no fees at all? When I try sending, it doesn't charge me. And there isn't a field to specify what the fee is.
Yes In the spirit of seeing what LTC would be like when the block reward hits zero, I sent a transaction with a fee. I then mined that block and got the fee back. I really think that for any coin that sees widespread use, the transaction fees could easily support the coin when the block reward hits zero.
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peonminer
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June 27, 2013, 08:46:29 PM |
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Is it intended that there are no fees at all? When I try sending, it doesn't charge me. And there isn't a field to specify what the fee is.
Yes In the spirit of seeing what LTC would be like when the block reward hits zero, I sent a transaction with a fee. I then mined that block and got the fee back. I really think that for any coin that sees widespread use, the transaction fees could easily support the coin when the block reward hits zero. H4X0R!!! Good find.
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cryptopi (OP)
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June 27, 2013, 08:50:47 PM |
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That was a nice find
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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fishy
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What do you call a fish with no eyes? A Fsh!
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June 27, 2013, 08:53:39 PM |
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Is this on an exchange?
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 08:59:01 PM |
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Is this on an exchange?
Depends on how you define "exchange". Technically, yes: https://bitcointalk.org/index.php?topic=244369.0But an official exchange? No, not yet.
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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fishy
Sr. Member
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What do you call a fish with no eyes? A Fsh!
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June 27, 2013, 09:16:53 PM |
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It's really annoying to download all the new clients! Is a web wallet in development?
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 09:22:37 PM |
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If there is demand for one it can be made. I will post a bounty for one (100k) and see if someone develops one.
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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sevenseals
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June 27, 2013, 09:26:38 PM |
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Maybe it's possible to get TradeCoins for telling jokes. I'll try:
Why mustn't blondes to have long breaks?
Because you have to educate them again.
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cryptopi (OP)
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Want some pi with that?
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June 27, 2013, 09:29:32 PM |
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Maybe it's possible to get TradeCoins for telling jokes. I'll try:
Why mustn't blondes to have long breaks?
Because you have to educate them again.
That is a good idea: I will make a thread for that in an hour or two. Sent 1500 to your address (that was rather funny)
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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sevenseals
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June 27, 2013, 09:31:57 PM |
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oh it works.
now i would like to know what the tradecoins are worth. ;-)
did you write to the main exchanges and tell them about the bounties?
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cryptopi (OP)
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June 27, 2013, 09:33:05 PM Last edit: June 28, 2013, 01:54:31 PM by cryptopi |
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oh it works.
now i would like to know what the tradecoins are worth. ;-)
did you write to the main exchanges and tell them about the bounties?
Can I please have their usernames? Then I will (I naively thought that they would actually look in this subforum for bounties )
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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sevenseals
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June 27, 2013, 10:23:44 PM |
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i don't know them. i thought about contact via their websides.
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cryptopi (OP)
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June 27, 2013, 10:24:55 PM |
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i don't know them. i thought about contact via their websides.
Good idea, I will do that tonight and see what the responses are
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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zackclark70
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June 27, 2013, 10:39:56 PM |
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cryptcy is big vern and there is a cryptcy account on here ( do a quick search )
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cryptopi (OP)
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June 27, 2013, 11:05:21 PM |
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cryptcy is big vern and there is a cryptcy account on here ( do a quick search )
I did do a search a while ago, thanks. I just asked because cryptsy has not logged in in a really long time so I was wondering if the owners go under different names Thanks
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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zackclark70
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June 27, 2013, 11:08:47 PM |
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cryptcy is big vern and there is a cryptcy account on here ( do a quick search )
I did do a search a while ago, thanks. I just asked because cryptsy has not logged in in a really long time so I was wondering if the owners go under different names Thanks I will pm a link to the cryptcy accounts on here
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cryptopi (OP)
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June 27, 2013, 11:14:18 PM |
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cryptcy is big vern and there is a cryptcy account on here ( do a quick search )
I did do a search a while ago, thanks. I just asked because cryptsy has not logged in in a really long time so I was wondering if the owners go under different names Thanks I will pm a link to the cryptcy accounts on here Awesome, thanks. Other accounts are appreciated as well - I figure it cannot hurt to ask exchanges. The worst they can do is say no
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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sevenseals
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June 28, 2013, 05:10:40 PM |
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i don't know them. i thought about contact via their websides.
Good idea, I will do that tonight and see what the responses are novacoin did the same at BTC-e. they gave BTC-e 110.000 NVC for adding the coin at the exchange.
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cryptopi (OP)
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June 28, 2013, 05:22:05 PM |
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Just contacted cryptsy, eagerly awaiting the response
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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bizz
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June 29, 2013, 10:33:34 AM |
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why not PoS???
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cryptopi (OP)
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June 29, 2013, 10:04:13 PM |
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why not PoS???
Because the code was already written and everything was already ready before it became apparent that PoS may be beneficial. It may be implemented in future generations of this coin though
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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sevenseals
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June 30, 2013, 12:45:42 AM |
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Just contacted cryptsy, eagerly awaiting the response hope it works out
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bizz
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June 30, 2013, 12:07:09 PM |
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why not PoS???
Because the code was already written and everything was already ready before it became apparent that PoS may be beneficial. It may be implemented in future generations of this coin though But wont it get attacked as soon as it hits some exchange? Since there's not enough incentive to mine and protect the network.
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3dcgminer
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June 30, 2013, 12:40:27 PM |
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getmininginfo says: "networkhashps" : 4394,
Am I correct to guess that any single PC CPU is enough to 51% attack TradeCoin?
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cryptopi (OP)
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June 30, 2013, 04:18:03 PM |
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Well no, it would take a bit more than that. If necessary, the next generation of this coin will incorporate PoS if some jacka*s decides to 51% it
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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bizz
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June 30, 2013, 04:30:33 PM |
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Well no, it would take a bit more than that. If necessary, the next generation of this coin will incorporate PoS if some jacka*s decides to 51% it
IMHO you should do it now while it's not too late and someone loses their coins. Just look at what happened to Powercoin. It's dead and it wont come back.
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Vlad2Vlad
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www.ixcoin.net
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July 03, 2013, 11:24:12 AM |
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There's no good thread to ask this question on so maybe a really new coin thread will yield some responses. Sorry for the off topic although this has to do with new coins and this is a new and experimental coin thread.
I've read on here there's guys who specialize in helping people take their coin live. Does anybody have any idea how to find these people?
I have over 100 domain names locked up for various coins but I don't have much money at all and I can't program. I really wanna launch a coin with a large following to see how that works since until now nobody has done that which is very odd.
I have coin names such as CatholicCoin, 007Coin, WolfCoin, UnicornCoin, MormonCoin, 21Coin, 69Coin (LOL, it was just too easy), 1StopCryptoShop, OneStopCryptoShop, ScientologyCoin, BlackJackCoin, FutbolCoin, SoccerCoin, BasketballCoin, GermanyCoin, ItalyCoin, RomaniaCoin, etc and many more.
Some of these might be cheesy but they would all get attention from niche players and some would have downright millions of built-in fans and loyal followers.
I don't know why all of these developers chose names nobody ever heard of as most people will automatically buy a coin they're familiar with. That's a huge advantage and if you can get a coin just to go to $1 you can make millions and it doesn't take a large following to get a $1 coin as long as you do a fair launch and you don't pump and dump.
I'm looking for a long term thing here but I need help. I've got a thing running on gofundme.com but no donations yet. Not enough people know about these coins yet and I don't want to wait a year cause way too many coins will be out by then and it will be much harder to get noticed.
Right now my number 1 pick to launch is CatholicCoin.com.
Also can someone answer this: What's up with the .org thing for crypto coins? Isn't dot com still the best choice? I also bought the dot org names too but only cause that seems to be the trend but I don't get why. It's a waste of money but I wanted to lock these big names in.
So is dot org necessary for crypto coins or is dot com still the best and people simply couldn't get the dot com so they went for the dot org?
Anybody interested?
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iXcoin - Welcome to the F U T U R E!
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loucy
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July 12, 2013, 10:31:30 AM |
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The only two seed nodes have been refusing connections for 60 hours now. Also see posts in the tradecoin forum. Can anyone post some node addresses?
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ahmed_bodi
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July 12, 2013, 12:04:01 PM |
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87.194.194.228
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Bitrated user: ahmedbodi.
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loucy
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July 12, 2013, 02:44:36 PM |
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87.194.194.228
Thanks, but this gives me a timeout. Can't ping either. I finally got a connect to 137.117.179.86, but please someone fix the DNS seeds!
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Lauda
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Terminated.
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July 12, 2013, 02:58:07 PM |
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How is this coin going?
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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ahmed_bodi
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July 12, 2013, 03:57:33 PM |
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yep isp move happened 2 days early for some reason, my faucet and lotto sites gone down too New ip is: 92.23.13.53
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Bitrated user: ahmedbodi.
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cryptopi (OP)
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July 12, 2013, 04:02:46 PM |
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thanks for the new nodes
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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ahmed_bodi
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July 12, 2013, 04:06:36 PM |
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np
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Bitrated user: ahmedbodi.
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myweblife
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mycoin.bitbank.com
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July 29, 2013, 09:29:42 AM |
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client won't connect
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investment&deposit your BTC on bitbankmining BTC on
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tiker
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July 29, 2013, 12:47:29 PM |
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Neither does mine. Need some new updated nodes to connect to.
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cryptopi (OP)
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July 29, 2013, 02:16:43 PM |
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Even the two nodes up above? All are dead? I shall have to post some more bounties for working nodes.
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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zackclark70
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July 29, 2013, 03:27:26 PM |
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Even the two nodes up above? All are dead? I shall have to post some more bounties for working nodes.
I will be back home tomorrow remind me than and I will sort 1 node
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loucy
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July 29, 2013, 04:53:16 PM |
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I have set my two nodes to listen=1 now:
5.104.106.18 62.141.42.71
Problem is, they're only connected to each other.
GdaQEqBBgTA5vmmuQHN7SdAv6XsEKeY4oi
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cryptopi (OP)
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Want some pi with that?
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July 29, 2013, 05:54:43 PM |
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I have set my two nodes to listen=1 now:
5.104.106.18 62.141.42.71
Problem is, they're only connected to each other.
GdaQEqBBgTA5vmmuQHN7SdAv6XsEKeY4oi
Thanks for the nodes, I will spread them around and hopefully you will get some more connections. As soon as I get to the computer with the tradecoin wallet installed (couple hours or so), I will send you tradecoins for your nodes .
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www.hosterbox.com - really good web hosting (accepts bitcoins) (disclaimer - I am not affiliated with hosterbox in any way)
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Kevlar
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🔰FERRUM NETWORK🔰
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September 13, 2013, 07:11:00 PM |
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Is this coin officially dead?
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pmconrad
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September 13, 2013, 09:47:28 PM |
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The blockchain ends at #21448 (2013-08-01 14:50:23 UTC). Dunno if that's official enough for you.
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Joerii
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September 14, 2013, 04:17:42 AM |
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WTS 50k tradecoins for 5 LTC. Great deal ! They are museum pieces !
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Hypercube - get the attention you deserve
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zackclark70
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September 14, 2013, 06:03:26 AM |
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WTS 50k tradecoins for 5 LTC. Great deal ! They are museum pieces !
the network is dead so the only way you can send is by sending the wallet.dat lol
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Joerii
Legendary
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September 14, 2013, 06:38:01 AM |
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WTS 50k tradecoins for 5 LTC. Great deal ! They are museum pieces !
the network is dead so the only way you can send is by sending the wallet.dat lol I'll provide that service for the modest price of 1 ltc extra. Any takers ?
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Hypercube - get the attention you deserve
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DannyM
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October 28, 2013, 12:22:47 AM |
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I just want to take issue with this "Tradecoins - the first fully mined cryptocurrency" tagline, as I see the OP still posting with it.
sacarlson's WEEDS (SHA256) was the first fully mined "cryptocurrency" in 2011, the idea being that only transaction fees and no miner block subsidy rewards would be given out, which I assume is the idea behind tradecoins.
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zackclark70
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October 28, 2013, 12:28:09 AM |
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I just want to take issue with this "Tradecoins - the first fully mined cryptocurrency" tagline, as I see the OP still posting with it.
sacarlson's WEEDS (SHA256) was the first fully mined "cryptocurrency" in 2011, the idea being that only transaction fees and no miner block subsidy rewards would be given out, which I assume is the idea behind tradecoins.
the coins been dead a while
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milly6
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November 12, 2013, 04:53:24 AM |
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sounds more like after the first exchange accepts it and ANYONE buys it he then dumps coins on the first exchange, makes btc and laughs.
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zackclark70
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November 30, 2013, 09:59:46 PM |
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sounds more like after the first exchange accepts it and ANYONE buys it he then dumps coins on the first exchange, makes btc and laughs.
it died because nobody would mine it unless he paid them to
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milly6
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May 20, 2014, 03:09:18 PM |
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This coin is dead, please remove this thread MODS
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zackclark70
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May 20, 2014, 03:35:04 PM |
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This coin is dead, please remove this thread MODS
the thread was dead until you revived it
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arteleis
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June 29, 2014, 08:05:25 AM |
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That didnt go well. Ha
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SILKCOIN - DARKSILK - SILKWEAVER - FREEDOM
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