Today's news (IMO) August 04, 2013

[barwizi]

The Today's news posts now have their own host, this will be the Last full news post here, please visit our site for full news starting tomorrow, here I'll only be posting links and One timers.

http://cryptoreport.net/

MAIN NEWS

Jcoin has been released and has seen many miners pointing their CPUs at it trying to eek out a few blocks while the botnet operators prepare their rape kits. Tensions were running high as people reported having different source files and in some cases it would not compile. Meanwhile others reported getting many blocks so the question remains, was this coin for windows users only? Is this the advent of a Windows coin community vs Linux users?

BTT user Giskard has released the first sha256 coin in a while and it seems to have gotten more response than expected. But again as expected Asics joined the party and it became an orphan competition. Although good for laughs the idea itself was doomed in the making.

Memory Coin has been released in beta claiming Memory intensive algo. Released by FreeTrade it has been given skeptisism as miner are wary of the “chain reset” line included. After compiling the source, i got BITCOIN-QT…. which then began messing with my bitcoin data and the client dispalayed my BTC addy…was this the intended effect?

The UNOCS firefall continues as disgruntled users take them to the washers. Bitsinmyhead recently posted a point by point referenced and detailed expose, Unocs fanatics are not happy.

FINANCIAL NEWS

The downward spiral has died down as traders rallied together to pump a few coins back into proitability. This follows a week of lowered profits for miners and traders.

Miners are waiting with bated breath to see what Cryptsy does next. After the ORB incident the mods have been subdued and seem to be licking their wounds. Last I saw, the ORB annuncement was on page 3, and we all know people dont usually check page 3.

TRENDING

With this continued streak of botched launches, there has been discussion of launching a clone of XPM or QRK with different parameters. The unoriginality of these ideas is staggering but we all know the the coin /cough/ scam will get all the support it needs if the right amounts are paid.

[Magic8Ball]

and we all know people dont usually check page 3.

Are you kidding? I only ever check out page 3.

[barwizi]

and we all know people dont usually check page 3.

Are you kidding? I only ever check out page 3.

weirdo 

[Lauda]

Interesting news, how about that plan to kill off new shitcoins? 

[wetroof]

Jcoin has been released and has seen many miners pointing their CPUs at it trying to eek out a few blocks while the botnet operators prepare their rape kits. Tensions were running high as people reported having different source files and in some cases it would not compile. Meanwhile others reported getting many blocks so the question remains, was this coin for windows users only? Is this the advent of a Windows coin community vs Linux users?

perfect summary in my opinion! really captures the essence of the altcoin subforum.

[BitJohn]

Interesting news, how about that plan to kill off new shitcoins? 

I posted on the BCX thread about the killing of coins. Like I said their its a grand experiment that only helps all coins in the end. Of note I expected many of them to die but fork it 51% it they just repair it and move on. Even the ones that Dev's wanted to die got fixed. So currently my assessment is you can sure you can break em but for the most part they just rise again shortly after......If this is a good or a bad thing is yet to be seen but the work done to fix vulnerabilities can be applied to any coin so the standards are being written and toyed with for the big established coins to follow should anything happen. Just my thoughts on it.

[shakezula]

Funny, I recall you posting yesterday you were going to ignore all coin launches...No one can resist a chance to plug your website though eh?

[fluffypony]

Funny, I recall you posting yesterday you were going to ignore all coin launches...No one can resist a chance to plug your website though eh?

[citation needed]

[barwizi]

Funny, I recall you posting yesterday you were going to ignore all coin launches...No one can resist a chance to plug your website though eh?

[citation needed]

Yes please, when did i say that?

[jackjack]

http://cryptoreport.net/

Good thing

[barwizi]

http://cryptoreport.net/

Good thing

thanks
 fluffypony set me up nice.

[heatgsm]

Interesting news, how about that plan to kill off new shitcoins? 

  Again:
1. Market decides which coin survives
2. Evolution comes through trial/error
3. Nobody can stop new coins to be developed and flourish

[flyingcat]

You forget to mention Grwothcoin - GRW, after only 2-3 days of release, the network hashrate passed 1000 Mh/s, and hit 1500Mh/s at a time. I am wondering why this coin is sooo popular.

[fluffypony]

You forget to mention Grwothcoin - GRW, after only 2-3 days of release, the network hashrate passed 1000 Mh/s, and hit 1500Mh/s at a time. I am wondering why this coin is sooo popular.

Yeah not sure what all the fuss is about; difficulty is already on 7.5, and there's 645mh/s on it. Nuts.

[flyingcat]

You forget to mention Grwothcoin - GRW, after only 2-3 days of release, the network hashrate passed 1000 Mh/s, and hit 1500Mh/s at a time. I am wondering why this coin is sooo popular.

Yeah not sure what all the fuss is about; difficulty is already on 7.5, and there's 645mh/s on it. Nuts.

Higher than you said:

    "blocks" : 6570,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 9.87316742,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 841367682,
    "pooledtx" : 0,
    "testnet" : false

[fluffypony]

Higher than you said:

    "blocks" : 6570,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 9.87316742,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 841367682,
    "pooledtx" : 0,
    "testnet" : false

You caught it just after retarget:) Here's what it was when 9 blocks before that:

root@mstat:~# growthcoind getmininginfo
{
    "blocks" : 6561,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 7.55608641,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 645833711,
    "pooledtx" : 0,
    "testnet" : false
}

[innovation]

You forget to mention Grwothcoin - GRW, after only 2-3 days of release, the network hashrate passed 1000 Mh/s, and hit 1500Mh/s at a time. I am wondering why this coin is sooo popular.

The second giveaway of GRW is going on.

https://bitcointalk.org/index.php?topic=268012.0

[Lauda]

Interesting news, how about that plan to kill off new shitcoins? 

  Again:
1. Market decides which coin survives
2. Evolution comes through trial/error
3. Nobody can stop new coins to be developed and flourish

Yes we can.
51% the coin 1390853953 times a day.