Seven lie alt coins - more data, more truth

[Walt Sobchak]

many of you are clearly ignorant brats.
there is no doubt what so ever that this guy is almost certainly Chinese and translated this to English for your benefit
and your thanks is to insult the hell out of him and post truly stupid pictures that are not vaguely funny in the slightest.
I knew damn well what the replies were going to be before i even scrolled lol
I would have bet the most used phrase from kids is "WTF da fuk did i just read " ..ya YOUR the smart one LOL

the guy was making a lot of sense i think. i didn't hear ANYTHING that i could find fault with.

So sick and tired of morons trashing on people that comment if their English isn't perfect.
I'm a white guy from Canada and i know only English myself but i am perceptive enough to see the nuances of someone
speaking when English is their second language.. it is really not that hard to tell.

The lack of explanation or hard evidence is what I disagree with.  Seems pretty opinion based to me.

That could be because you are retarded in some way ?  Perhaps not on the other hand , but it's a possibility so don't immediately discount it as a possibility.

The OP complains of block target times but doesn't take in to account the massive amount of computational power on launch that drives the spacing lower than its target. I'm not saying he's wrong with all of the coins assessed here but several of them are simply worded the way they are due to misinformation.

Why go right to calling me a retard?  Especially with no explanation. You can do better than that, I hope...

[gatra]

I have a very hard proposal for you: despite of his bad english, his obvious agenda, FUD throwing, etc... can you look past that and see if he is right about some of his points?
He throws hard numbers, if should be easy to verify them: are those numbers invented and full of crap? or are they accurate? I don't know, I didn't check. Did you?

[Hazard]

OP is correct in nearly every point he made.

The XPM conspiracy is, of course, unverifiable, but completely plausible.

[coinerd]

I always wonder why the XPM block chain sometimes includes blocks out of order.

Why it would insert a block generated several minutes ago in to the current sequence.

Just something to add to the weirdness I guess.

5 minutes older than the prior block:
http://primecoin.21stcenturymoneytalk.org/index.php?block_hash=ba5c49539dc2f642c53b6e909c2b2c91dbccfa91d46fa24dc30f41675151aac7

4 minutes older than the prior block:
http://primecoin.21stcenturymoneytalk.org/index.php?block_hash=7cc7ddf33f92d8f0661a7551b40d39faadc385250dfca6a2d214ad5c341be784

I haven't been bothered to trawl for more.

Is this how you generate the Black Money of The Ancestors?

[twobits]

I always wonder why the XPM block chain sometimes includes blocks out of order.

Bitcoin has a fairly wide window of accepted times, and it is +- and allows for this as well.  Only a few clones/forks have tightened this up much,  like i0coin did, and they but an ntpdate like routine into it.  I really think hosts that run coin programs should  run ntp and that being able to require better times would be a plus all around.

[Balthazar]

9 ) Bitcoin (BTC) - Something new - Millionaire Satoshi long gone

8 ) Litecoin (LTC) - Late to Bitcoin-party - bitcoin clone with different algo

7 ) Ppcoin (PPC)- Something new - He done a great job (many copycats arriving every day) --> he got paid for it.

6 ) FeatherCoin (FTC) - Bitcoin-litecoin clone - Nothing new, anyone who wants to invest money must do their homework.

5 ) ChnCoin (CNC) - Bitcoin-litecoin clone - Nothing new, anyone who wants to invest money must do their homework.

4 ) YBCoin (YBC) - YetAnotherCoin (YAC) clone - Nothing new, anyone who wants to invest money must do their homework.

3 ) Novacoin (NVC) - PPcoin clone - Nothing new, anyone who wants to invest money must do their homework.

2 ) YetAnotherCoin (YAC) - PPcoin clone - supposedly gpu/asic resistance - Bad dev a bit richer long gone

1 ) Primecoin (XPM)- Something new (from the only dev who introduced something new in the past and still around) - too young to judge.


Its my opinion, i dont try to change yours or anyone's else

It seems that you forgot to do your homework. NovaCoin it's a fork, but not a clone. It develops in own way and has the different ideology.

BTW almost all PoS+PoW currencies are direct NVC clones, except for PPCoin.

[snaidervp]

It seems that you forgot to do your homework. NovaCoin it's a fork, but not a clone. It develops in own way and has the different ideology.

BTW almost all PoS+PoW currencies are direct NVC clones, except for PPCoin.

Dont get me wrong (and sorry for my bad english, its not my native language), you made a nice coin, PPcoin fork (sorry not clone) but what i ment was that sunny intoduced the new Pos blocks and i think he made the hard work, NVC and all the other Pos coins just using that Pow/Pos blockchain with some (+/-) changed parameters.

All the the coins after bitcoin/PPcoin had the advantage of knowing some proven problems and tried (still trying maybe) to solve them.

NVC isnt that bad, and i dont throwing it in the same trash bag with FTC/CNC.

[Balthazar]

It's not a simply changed parameters. Just one example, PoW in PPCoin concept is just an initial emission tool, i.e. PPCoin system it's not a true hybrid design, actually. This concept has a few serious problems, and we think that it's a deadlock way, because this problems couldn't be resolved without a serious changes.

That's why NVC project was started with the goal to develop a balanced PoS/PoW cryptocurrency. Don't get me wrong, PPCoin is a leap ahead, but we believe that some PPC solutions are unjustified. And we are working on implementing adequate replacements for them.

[coinerd]

I always wonder why the XPM block chain sometimes includes blocks out of order.

Bitcoin has a fairly wide window of accepted times, and it is +- and allows for this as well.  Only a few clones/forks have tightened this up much,  like i0coin did, and they but an ntpdate like routine into it.  I really think hosts that run coin programs should  run ntp and that being able to require better times would be a plus all around.

Block at height 59602 : 03:12:21
Block at height 59603 :03:07:17
Block at height 59604 : 03:13:02

Block at height 59700 : 03:46:50
Block at height 59701 :03:42:46
Block at height 59702 : 03:49:08

What do you mean by "fairly wide"?  I'm not talking about a little ntime rolling (if i have the name of that right).  I'm talking about ten blocks have come since that time. Reaching back 4-5 minutes.

I haven't dug that deeply into miner code.  Can you really allow that much flex in your time?  Is the client for primecoin using n-time rolling to generate blocks?  Bitcoin doesn't even do this it's an external miner function, right?

It just generates a load of questions.

[eCoinomist]

The  OP just want to buy some XPM at cheap prices and his English is seriously broken!

Look at me - an emunie contributor who has nothing to do with Primecoin, yet I've mined over 3K XPM so far, that's about 0.3% of all XPM in existence, and I'm just a linux noob who only started mining xpm seriously since day 4, not even day 1, imagine what would I've mined had i started earlier.

[mkmen]

Love it, but don't expect people here to take you seriously, as most of them are interested (and have money/HW) in one or more of these coins.
Also, google translate FTW

[Lauda]

many of you are clearly ignorant brats.
there is no doubt what so ever that this guy is almost certainly Chinese and translated this to English for your benefit
and your thanks is to insult the hell out of him and post truly stupid pictures that are not vaguely funny in the slightest.
I knew damn well what the replies were going to be before i even scrolled lol
I would have bet the most used phrase from kids is "WTF da fuk did i just read " ..ya YOUR the smart one LOL

the guy was making a lot of sense i think. i didn't hear ANYTHING that i could find fault with.

So sick and tired of morons trashing on people that comment if their English isn't perfect.
I'm a white guy from Canada and i know only English myself but i am perceptive enough to see the nuances of someone
speaking when English is their second language.. it is really not that hard to tell.

The lack of explanation or hard evidence is what I disagree with.  Seems pretty opinion based to me.

That could be because you are retarded in some way ?  Perhaps not on the other hand , but it's a possibility so don't immediately discount it as a possibility.

The OP complains of block target times but doesn't take in to account the massive amount of computational power on launch that drives the spacing lower than its target. I'm not saying he's wrong with all of the coins assessed here but several of them are simply worded the way they are due to misinformation.

Why go right to calling me a retard?  Especially with no explanation. You can do better than that, I hope...

The OP and whoever just supported them have very limited knowledge of the protocol and cryptocurrencies overall. Surely he is smarter than Sunnyking and Sunnyking invented POS for profiting in his own sake. When you complained about block target times I knew that you're mumbling complete nonsense.

[FrictionlessCoin]

Here's the truth....

developers who make an considerable effort to create a coin find ways to ensure that they have a considerable owership of the coin.

this includes shenanigans like pre-mining, insta-mining, keeping the GPU to themselves etc.

this is just reality.

if the developer has no stake, (or has dumped is stake after the pump),  then expect little or no support for the coin in the future.

[monocolor]

dark side of the alt coin....people wants to make money, that's the only goal

[Pmalek]

Welcome to the dark side 

[markm]

I always wonder why the XPM block chain sometimes includes blocks out of order.

Bitcoin has a fairly wide window of accepted times, and it is +- and allows for this as well.  Only a few clones/forks have tightened this up much,  like i0coin did, and they but an ntpdate like routine into it.  I really think hosts that run coin programs should  run ntp and that being able to require better times would be a plus all around.

Oh is that why I0Coin dies about once a day or two trying to do a DNS lookup on an NTP host. Thank goodness that idea didn't catch on. Making NTP hosts another vector for Sibyl attacks is not really a great idea even if it didn't cause regular crashes.

-MarkM-

[Online24o0n]

XPM was never innovative, its not hard to see its just another hype coin thats to be pumped and dumped... people should realize by now to stick with BTC and LTC.

[markm]

And LTC ? Why and LTC ? Better to stick to merged mining BTC, NMC, DVC, GRP, IXC, I0C, CLC and XGG.

That people stuck with a bunch of obsolete GPUs are too butthurt to upgrade to FPGA or ASIC doesn't really justify spawning endless streams of scams to suck money out of people who don't know any better.

If it were really about actually improving things Tenebrix and/or Fairbrix would have been improved/maintained-better instead of spawning yet another clone of the scrypt concept and calling it Litecoin.

-MarkM-

[GSnak]

Is there any comedic value to reading the FP? If not, I'd rather sit this one out.

[skull88]

XPM was never innovative, its not hard to see its just another hype coin thats to be pumped and dumped... people should realize by now to stick with BTC and LTC.

Why stick to Litecoin than? Don't get me wrong, I'm a big supporter of Litecoin but I don't get why changing the algo to scrypt is innovative and changing it to an algo that creates prime numbers is not?