(ANN)(PRERELEASE) - parabolas - launching with pools, faucets-YOU can contribute

[x^2]

Introduction
This is a prerelease thread for parabolas.   This cryptocurrency will launch with a pool, website, faucet, block explorer, and hopefully a store and exchange so that there are multiple services on launch.  When the coin has a use, it will be more valuable than just a coin to be day traded.
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Development Team
Project Director:
x^2

Lead Developer:
ZirconiumX

Developers:
smeagol
...add your name here!
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Marketing:
LaudaM
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Service Directors:
Exchange - Joerii (Cryptsy), LaudaM (Cryptsy), and Kumala (Vircurex)
Pool - feleep
Web Developer -
Game Site -
Webstore -
Faucet -
Block Crawler/Explorer -
...your name here!
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Stats
Proposed Algos:
MARS, RC6, Rijndael (AES), Serpent, Square and Twofish
Proposed Monetary Distribution:
Semi-scarce
Currency Symbol:
X^2
Block rewards:
95% goes to miners (every 94th block is a x6 block, with miners getting the regular reward and devs getting the rest)
Why is there a dev fund?
This coin will have NO premine, so the devs will not be able to make a quick profit.  Instead, we will get a gradual payoff as the coin matures.
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Want to start?
If you want to contribute, just shoot me a PM!
Remember that if you contribute, you will be given a share of the dev fund!

[x^2]

Reserve

[bob131313]

How about a bit more on the specs?

[whlx]

when will it be published?

[aTriz]

reserved

[spoid]

interesting...

[x^2]

How about a bit more on the specs?

Semi-scarce, block reward will probably be a random amount between 2 and 6, but there will be a bonus "square" block.  (Parabolas). e.g. Instead of 2 you would get 4, instead of 6, 36, etc.

We will try to implement a primecoin-like proof of work scheme (hashing parabolas with complex solutions, etc), or it will just be a sha256 or scrypt coin.

If you have something to bring to the table just PM!

[x^2]

when will it be published?

Launch date is not yet set in stone but you can expect it at least in the next month or so.  This thread will get updated so stay tuned!

[smeagol]

interesting...

Posting to Watch...

[bitspill]

hashing parabolas with complex solutions

That sounds like it would be difficult to put into a coin.

[jdebunt]

Reserved

[skaffen]

I for one, support our new parabolic overlords!

[muddafudda]

.4btc and you have your source and windows qts in about an hour or two. Pos, pow whatever you want.

[Lauda]

How about a bit more on the specs?

Semi-scarce, block reward will probably be a random amount between 2 and 6, but there will be a bonus "square" block.  (Parabolas). e.g. Instead of 2 you would get 4, instead of 6, 36, etc.

We will try to implement a primecoin-like proof of work scheme (hashing parabolas with complex solutions, etc), or it will just be a sha256 or scrypt coin.

If you have something to bring to the table just PM!

Go for a CPU coin, not sha or scrypt.
Also fix your english.

[muddafudda]

I have an hour, who want parabolas now?

[x^2]

.4btc and you have your source and windows qts in about an hour or two. Pos, pow whatever you want.

CPU only?  I think it can easily be done with some tweaks to the quark code or something.

Also what about Mac binaries?  I only work on linux.

[muddafudda]

.4btc and you have your source and windows qts in about an hour or two. Pos, pow whatever you want.

CPU only?  I think it can easily be done with some tweaks to the quark code or something.

Also what about Mac binaries?  I only work on linux.

Someone will do them. PM me when you have a solid base to work off.

[ZirconiumX]

How about a bit more on the specs?

Semi-scarce, block reward will probably be a random amount between 2 and 6, but there will be a bonus "square" block.  (Parabolas). e.g. Instead of 2 you would get 4, instead of 6, 36, etc.

We will try to implement a primecoin-like proof of work scheme (hashing parabolas with complex solutions, etc), or it will just be a sha256 or scrypt coin.

If you have something to bring to the table just PM!

Go for a CPU coin, not sha or scrypt.
Also fix your english.

I have proposed to x² that we use Twofish, Rijndael and Serpent in a Quark-like style (Quark seems to have used SHA-3 candidates) to at least be different.

Matthew:out

[Pmalek]

Sounds good! But dont abandon the coin when you determine it is a hard job! 

[Lauda]

Go for CPU only and ask for help as you will need it.