[ANN] Nuggets- Released by Vlad2Vlad, now being managed by r3wt

[r3wt]

Hello, i will begin efforts to resurrect the coin today.

Some Specs:

• 440,000,000 coins
• 2.2 million premine
• 527,000 given away in cryptsy chat
• Fair launch(allready past)
• 49 coins per block
• random x250 multiplier blocks

For starters, here is a conf file:

nuggets.conf

[/list]

Code:

rpcuser=USERNAME
rpcpassword=PASSWORD
rpcallowip=127.0.0.1
rpcport=5578
port=4588
daemon=1
server=1
gen=0
addnode=69.85.86.195
addnode=24.6.21.198
addnode=216.58.23.148
addnode=70.69.238.84
addnode=71.187.248.95
addnode=97.89.174.206

Windows Installer:

http://nano.coinbit.pw/nuginstall.php

Source:

https://github.com/nuggets-project/nuggets

Known Issues

Incorrectly coded bonus block structure. will be fixed in next release. for now blocks will pay 49 coins.

Bounties

• Pool 20k (x4)
• faucet 10k (x2)
• online wallet/api 20k
• reserved 150k
• developers 250k
• store 50k
• 1st exchange 50k
• 2nd exchange 25k

[robotrebellion]

Fair launch(allready past)

Define "fair".

[Vivisector999]

Fair, as in the first 250 blocks had 0 reward.  No one was instamining this baby.  Took almost a day for the first reward to be paid out.

[daggerismo]

this will be another launch or you continue with the actual coin???

[r3wt]

Fair launch(allready past)

Define "fair".

the block reward was 0 coins up to block 249 except for block 1 and 2 which were premine blocks of 1.1 million apiece i've set a tentative fork for block 6000 to allow time to fix everything and test it. its a mess right now but i'm fixing it.

[Vivisector999]

Just letting you know I think you have a typo on the original post.   Says 440,000 Coins.  But the premine is higher then that.  Unless I am reading that wrong.

[robotrebellion]

Premined coins are being used for what?

[ChekaZ]

anyone checked the .exe?

[AgentME]

• 440,000 coins
  
• Fair launch(allready past)

"Fair launch" is what we call a 2.2 million coin premine these days?! Because that's what there is.

Also, are you going to fix the coin to not be programmed to self-destruct? Not that I care or think it will last anywhere near that long, but the coin isn't even pretending to be viable and I just thought I'd let people know.

Oh wow, I just realized there's no reward halving at all. After 7 years, rewards abruptly stop. Transaction fees will pay some rewards, but the sudden immediate drop-off would be chaos for the network as most miners go offline, and the remaining miners that stick it out will have extreme trouble meeting the high difficulty left in the wake. And then the network will be very vulnerable to 51% attacks.

Major issue.

[r3wt]

"Fair launch" is what we call a 2.2 million coin premine these days?!

its 1% of the total coins. its an issue with the block rewards of only 49 coins, so i will be fixing them in the client update. for now though, its not an issue. i have all the coins in my possession, i'm running this shit now. you can ask around on cryptsy, i'm not a dumper.

Also, are you going to fix the coin to not be programmed to self-destruct?

yes i am going to fix it not to self destruct. he thinks the goverment will shut all crypto's down in the next 2-3 years. whatever, i'm ignoring that.

[ohiwastedmylif]

Can we get Vlad's input on here


Trolol

[AgentME]

"Fair launch" is what we call a 2.2 million coin premine these days?!

its 1% of the total coins. its an issue with the block rewards of only 49 coins, so i will be fixing them in the client update. for now though, its not an issue.

Wait, shit, I didn't even realize the premine was "broken"! That's not my issue with it! The issue is that it exists, and the launch was called "fair"!

It's good to see comedy is still alive without Vlad.

[PerfectAgent]

I don't know about you guys, but I'm still eagerly awaiting SoccerCoin.

[r3wt]

"Fair launch" is what we call a 2.2 million coin premine these days?!

its 1% of the total coins. its an issue with the block rewards of only 49 coins, so i will be fixing them in the client update. for now though, its not an issue.

Wait, shit, I didn't even realize the premine was "broken"! That's not my issue with it! The issue is that it exists, and the launch was called "fair"!

It's good to see comedy is still alive without Vlad.

are you done yet AgentVagina? premines are fine as long as they are fair. 1% is fair and most of it is allocated appropriately. there will be 3 more giveaways to rid my wallet of the excess premine. 1 here, 1 at cryptocointalk.org and 1 at altcointalk.co.uk

the launch was fair, as in all blocks were 0 up to a point to prevent instamine. while i personally don't agree with most of the specs of the coin or how it was orchestrated, there's a stable base here. if you have anymore issues, feel free to post them in this thread. I'm open to suggestions but when you're just screaming FUD and  "premine  derp derp derp" i'm not gonna listen to you.

[robotrebellion]

"Fair launch" is what we call a 2.2 million coin premine these days?!

its 1% of the total coins. ... i have all the coins in my possession, i'm running this shit now.

Good to know. I'll be steering clear of this one.

[r3wt]

I don't know about you guys, but I'm still eagerly awaiting SoccerCoin.

yeah me too. i was super stoked for CatholicCoin. we could have prefixed a whore giving a priest head in the confession box to the coin face. so much lol

[r3wt]

"Fair launch" is what we call a 2.2 million coin premine these days?!

its 1% of the total coins. ... i have all the coins in my possession, i'm running this shit now.

Good to know. I'll be steering clear of this one.

cool story bro.

[Vivisector999]

I would have prefered an alterboy kneeling before a priest.  But anything goes.

[Hydroponica]

Fair, as in the first 250 blocks had 0 reward.  No one was instamining this baby.  Took almost a day for the first reward to be paid out.

Um, no, not with a 70 second block time, it didn't. Assuming it took the full 70 seconds to find a block, it would have hit block 250, after ~ 4 hours

[Hydroponica]

"Fair launch" is what we call a 2.2 million coin premine these days?!

its 1% of the total coins. its an issue with the block rewards of only 49 coins, so i will be fixing them in the client update. for now though, its not an issue.

Wait, shit, I didn't even realize the premine was "broken"! That's not my issue with it! The issue is that it exists, and the launch was called "fair"!

It's good to see comedy is still alive without Vlad.

are you done yet AgentVagina? premines are fine as long as they are fair. 1% is fair and most of it is allocated appropriately. there will be 3 more giveaways to rid my wallet of the excess premine. 1 here, 1 at cryptocointalk.org and 1 at altcointalk.co.uk

the launch was fair, as in all blocks were 0 up to a point to prevent instamine. while i personally don't agree with most of the specs of the coin or how it was orchestrated, there's a stable base here. if you have anymore issues, feel free to post them in this thread. I'm open to suggestions but when you're just screaming FUD and  "premine  derp derp derp" i'm not gonna listen to you.

Lol, Super Agent Vag