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cassieheart (OP)
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October 26, 2013, 05:43:28 AM
Last edit: November 22, 2013, 05:04:21 PM by cassieheart |
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 The official release date and time for Cubits v3.0 will be Sunday, November 24, 2013 5:00 PM Eastern Standard Time (EST) -0500 UTC
Unfortunately Cubits v2 suffered heavy casualty's and a Horrible defeat at the hand of the Cylons.
But don't worry v3 is here to continue the fight. Cubits v2 will be redeemable 1:1 for v3 further details coming in the v3.0 [ANN]
Cubits [QBT] V3.0
SHA256D, Proof of Work + Proof of Stake
Max 42 million Coins
150 coins per block, halving every 64,000 blocks.
3 minute block targets
Progressive (per block) Diff Change, max 10% up/10% down
50 blocks to coin maturation
3% stake after 60 days, 120 days for full weight.
20606250 Coin Premine (3 halving worth of Cubits v2 for 1:1 redemption)PLEASE STOP MINING CUBITS V2 AND WAIT FOR V3 RELEASE DAY. |
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Fablio2
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October 26, 2013, 05:55:23 AM
Last edit: October 26, 2013, 06:06:21 AM by Fablio2 |
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1. From 120 to 1, then 120 again - why?
2. 33 minute block targets - why?
3. Premine in amount of 2.5 days of mining.
4. Why you don't buy coins from miners for Bounties and giveaways?
Why is your coin for?
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ekrem
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October 26, 2013, 07:06:43 AM |
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diff 4.49  |
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MaGNeT
Legendary
 Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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October 26, 2013, 08:58:24 AM |
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33 minute block target? Are you kidding? Lol... Confirmations would take >6 hours... I really like the SciFi-coins but this isn't worth mining. Please restart it with better specs (1 minute block target and lower blockrewards?)  |
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Petr1fied
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October 26, 2013, 09:19:47 AM |
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2. 33 minute block targets - why?
33 minute block target? Are you kidding? Lol... Confirmations would take >6 hours...
I have to admit I couldn't understand this but upon doing a Google search for "Blattlestar Galactica 33" it turns out that "33" was the name of the post miniseries pilot episode of the Battestar Galactica reboot. Putting in things that are relevant to specific aspects of the source material is nice but I'm sure the vagueness is lost on everybody but the most diehard fan. Having a block spacing that's 3.3 times slower than BTC doesn't make any sense as it'll just mean that the difficulty will have to be very high in order to make that spacing a reality. If the difficulty is too high then nobody will want to mine it and if it takes too long for blocks to generate then merchants will not want to accept it. Although in saying that, a merchant could probably accept less than 6 confirms with a block speed so slow. I have to agree that this one aspect of your coin is probably going to be it's downfall. It needs a reasonable block spacing in order to be of any real use. |
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MaGNeT
Legendary
Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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October 26, 2013, 09:25:05 AM |
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2. 33 minute block targets - why?
33 minute block target? Are you kidding? Lol... Confirmations would take >6 hours...
I have to admit I couldn't understand this but upon doing a Google search for "Blattlestar Galactica 33" it turns out that "33" was the name of the post miniseries pilot episode of the Battestar Galactica reboot. Putting in things that are relevant to specific aspects of the source material is nice but I'm sure the vagueness is lost on everybody but the most diehard fan. Having a block spacing that's 3.3 times slower than BTC doesn't make any sense as it'll just mean that the difficulty will have to be very high in order to make that spacing a reality. If the difficulty is too high then nobody will want to mine it and if it takes too long for blocks to generate then merchants will not want to accept it. Although in saying that, a merchant could probably accept less than 6 confirms with a block speed so slow. I have to agree that this one aspect of your coin is probably going to be it's downfall. It needs a reasonable block spacing in order to be of any real use. Well, I think we should be glad they didn't use a light year as block spacing. But 33 minutes is way too long. |
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loveys
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October 26, 2013, 09:32:01 AM |
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33 minute block targets - 1322 blocks per month o,shit  |
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frobley
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October 26, 2013, 10:57:53 AM |
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just... wow  |
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jedimstr
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October 26, 2013, 11:38:52 AM |
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1. From 120 to 1, then 120 again - why?
2. 33 minute block targets - why?
As a BSG Fan(new and old series), these two are familiar though flawed Altcoin-wise. 1. Refers to the cyclical human/cylon civilizations over millennia in the New BSG universe. "All this has happened before, and all this will happen again." In BSG, the main storyline essentially have humans and cylons in conflict and discovering they had the same situation on Kobol where we originated, then on the original planet called Earth, then their current time in the 12 Colonies and now we're in the same boat today generating new robots (cylons) that are on the verge of sentience. We're the descendants of a human/cylon hybrid (Mitochondrial Eve on the cover of Time Magazine) that landed on our "new" Earth 150,000 years ago and whichever native caveman knocked her up. Also God (who doesn't like to be called that) and Angels are involved. Also I believe KiTT from Knight Rider was a Cylon so that proves it (think about it). Link to the cycle: http://www.slashfilm.com/wp/wp-content/images/galactica-timeline-infographic.jpg2. As others have mentioned, this is from the post pilot/miniseries first episode of season 1 called "33". It refers to the cylons getting into a weird pattern of finding and attacking the ragtag fleet every 33 minutes no matter where they jumped to. Was sort of a Mystery Thriller episode. So as a BSG superfan will I mine this coin? Hell no. Can I get a "So say we all?" |
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dreamwatcher
Legendary
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Activity: 1064
Merit: 1000
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October 26, 2013, 08:38:29 PM |
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I have sent Cassie a PM, and I will see what we can do to fix this coin and relaunch. If that is what Cassie wants to do.
There is also an issue with blocktemplate I discovered when setting up a pool, so yes the coin needs a bit of TLC.
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defaced
Legendary
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Activity: 2198
Merit: 1014
Franko is Freedom
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October 26, 2013, 10:28:09 PM |
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I have sent Cassie a PM, and I will see what we can do to fix this coin and relaunch. If that is what Cassie wants to do.
There is also an issue with blocktemplate I discovered when setting up a pool, so yes the coin needs a bit of TLC.
do your thing sir! |
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mogrith
Legendary
Offline
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
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October 26, 2013, 10:34:20 PM |
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Some of those settings are my fault. I was just throwing out ideas for it in sfcointalk and hoped there would be some discussion of them. 3.3 would still be a nod to the ep without the long confirm times.
I do tend to think of the sfcoins as commemorative coins not really ment for everyday use. But they should be reasonable.
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mogrith
Legendary
Offline
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
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October 26, 2013, 11:55:50 PM |
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solo mining until I get a block then wait for probable relaunch.
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cassieheart (OP)
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October 27, 2013, 12:23:01 AM |
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Thank you for all of you input guys.I have decided a Re Launch is needed. I will be updating this thread soon with all the new information shortly.
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Shad3dOne
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October 27, 2013, 01:50:19 AM |
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nice.
may sci-fi coins live long and prosper!!
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Domain for sale -> NXTcoin.com, 200 btc/2.9 M nxt. pm me like craigslist but for btc! --> Visit BTClist.comFederationCredits--> C6khbXzADRUeT9di2SpNubCt2UVTuayKMV What's this? |
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cassieheart (OP)
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October 27, 2013, 07:16:29 AM |
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Cubits V2 Reloaded Re Launched New specs edited above |
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Shad3dOne
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October 27, 2013, 07:53:00 AM |
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v2....running smooth. |
Domain for sale -> NXTcoin.com, 200 btc/2.9 M nxt. pm me like craigslist but for btc! --> Visit BTClist.comFederationCredits--> C6khbXzADRUeT9di2SpNubCt2UVTuayKMV What's this? |
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cassieheart (OP)
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October 27, 2013, 07:55:26 AM |
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Wooot! v2....running smooth. |
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cassieheart (OP)
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October 27, 2013, 01:23:38 PM |
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Its not your fault mogrith I should have thought more about the specs before I launched. Look on the bright side, You did come up with a great 3 letter acronym. Some of those settings are my fault. I was just throwing out ideas for it in sfcointalk and hoped there would be some discussion of them. 3.3 would still be a nod to the ep without the long confirm times.
I do tend to think of the sfcoins as commemorative coins not really ment for everyday use. But they should be reasonable.
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MaGNeT
Legendary
Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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October 27, 2013, 01:27:11 PM |
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Its not your fault mogrith I should have thought more about the specs before I launched. Look on the bright side, You did come up with a great 3 letter acronym. Some of those settings are my fault. I was just throwing out ideas for it in sfcointalk and hoped there would be some discussion of them. 3.3 would still be a nod to the ep without the long confirm times.
I do tend to think of the sfcoins as commemorative coins not really ment for everyday use. But they should be reasonable.
Max 1 million Proof of Work Coins
I guess that changed too? |
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