dtothemt
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Activity: 52
Merit: 0
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December 23, 2013, 08:30:00 AM |
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Bernankoin is the first coin based around sane economics principles. It is based on the publications of Nobel Prize Winning economists. To put it in simple words for those of you who never attended College Economics Classes, Bitcoin is inherently flawed because of deflation and deflation is bad mkay. See, when people "mine" coins, it means they need them. And yet, more people "mining" result in less coins! It's nonsense. So with Bernankoin the Block Reward is actually determined by how much people want coins. It's also not "mining" anymore, which is a silly goldbug term, but printing, which is the way Ben Bernanke saved our economy. That innovative reward system is called Quantitative Easing. That way, it also does away with any pre-"mining" concerns. A bernankoin is a BEK, and the smallest unit is called a keynes. We don't use "wallets" which are insecure and unreliable, but good old banks. PRINTING STARTS NOW.Client and solo printer available at: https://bitbucket.org/pankkake/bernankoinPlease review commits for more details: https://bitbucket.org/pankkake/bernankoin/commits/allSwitch to v1.2 required before 2014-01-01.Improvements since 1.0:- Printing enabled by default. To disable add -gen=0 to command line, or gen=0 to bernankoin.conf, or type setgenerate false in console. But Bernankoin aims to bring printing to everyone.
- TIME based QE in addition to NEED based QE - should come into effect on 2014-01-01
- Vocabulary fixes
Windows binaries:Welfare:To print: go to debug console and type setgenerate true. Or with bernankoind, bernankoind setgenerate true. And remember, honor the savior of our economy! Coin history:12/17/13 first block printed, start of QE1: 1934 BEK per block 12/17/13 few hours later, start of QE2: 13538 BEK per block 12/12/22 first welfare services appear Good one OP! You had me going for a minute there; I actually thought you were serious. I'd say this qualifies as one of the best joke coins of the year.
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maxsolnc
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December 23, 2013, 08:38:11 AM |
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Good one OP! You had me going for a minute there; I actually thought you were serious. I'd say this qualifies as one of the best joke coins of the year.
you've made the better joke coin, I've said this earlier, but I'm repeating it now. Dogecoin is joke for 'everyone', Bernankoin is the best joke for all who knows cryptocurrencies basics
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DTC: DMcKNp47fNtgM7sritK9GfJEQ1DzME5nwk BTC: 1FgUGra685ZwkrX5VnRvfaYp4bHJhC7x4H
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tadakaluri
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December 23, 2013, 10:15:45 AM |
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Any pools out there?
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dave23
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December 23, 2013, 11:23:03 AM |
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BZxZh5U12TKBBYewErQmntm2zGq5DyrG7y I am too big to fail....bailout needed.
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wankoran
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December 23, 2013, 11:45:18 AM |
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Bn3iZKA7Ga4pbX6jkTg6Z8AbxyaJc7bnfL
thanks
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OPC: oQJ419pEiNRWzd5QgaTFm9Mu7s2DZJsphn
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JOSE2014
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December 23, 2013, 01:37:11 PM |
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My bernankoin- address :
Bg7pmFK8KN68573gaf3Suezsy53ix4kRZx
Thanks for giveaway!
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artiface
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December 23, 2013, 02:47:15 PM |
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Any pools out there?
Right now there are no pools I have seen. This is a CPU printed coin, and even my slow old P4 was able to print some coins. All you need to do is run the latest client and printing should be enabled by default. Just let it run and you should start to see some BEK showing up. We need more printers anyway lets hit QE3!
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chuck_0
Newbie
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Activity: 51
Merit: 0
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December 23, 2013, 04:06:01 PM |
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All ebay items about Bernankoin are down. We need an exchange ! But we surely need to print more to stay afloat.
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syrusek
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December 23, 2013, 04:58:26 PM |
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Pankkake, talk to Coinedup guys about adding this to exchange.
And is it normal when i turn qt wallet on it suddenly start to print?
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PTseller
Legendary
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Activity: 1148
Merit: 1000
I ❤ www.LuckyB.it!
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December 23, 2013, 05:23:59 PM |
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-1 means "all cores"
so i am printing in right way ? or i need to do correction ?
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tinus42
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December 23, 2013, 05:41:18 PM |
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This coin is so easy to mine print that I soloprinted 2 blocks of 13538 Bernankebux with my pathetic 2009 Acer laptop! Looking forward to the next QE! Thanks pankkake!
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btc4ever
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December 23, 2013, 05:43:18 PM |
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This coin cracks me up. Just print more!
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Psst!! Wanna make bitcoin unstoppable? Why the Only Real Way to Buy Bitcoins Is on the Streets. Avoid banks and centralized exchanges. Buy/Sell coins locally. Meet other bitcoiners and develop your network. Try localbitcoins.com or find or start a buttonwood / satoshi square in your area. Pass it on!
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PTseller
Legendary
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Activity: 1148
Merit: 1000
I ❤ www.LuckyB.it!
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December 23, 2013, 06:23:51 PM |
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It's correct.
thank you let's start printing
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pvaladares
Member
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Activity: 68
Merit: 10
"Imagination is more important than knowledge"
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December 23, 2013, 06:45:37 PM |
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Just joining to this new coin. I am running under latest Ubuntu version with wine. It works very well. Just turned on my printer Send sheets and ink : BdVqhnYRet6gXWo5wDycAwDhYzJSZ6cga9
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CryptoCurrency enthusiastic!
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BlackShadowX1
Member
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Activity: 70
Merit: 10
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December 23, 2013, 07:15:51 PM |
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When will this be on cryptsy
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maxsolnc
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December 23, 2013, 07:35:13 PM |
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DTC: DMcKNp47fNtgM7sritK9GfJEQ1DzME5nwk BTC: 1FgUGra685ZwkrX5VnRvfaYp4bHJhC7x4H
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svipers
Newbie
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Activity: 9
Merit: 0
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December 23, 2013, 07:39:39 PM |
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first of all im running on triple core and im printing for more than 5 hrs and my balance still to 0! ...the other question i want to ask any link and instructions for printing on LINUX dedicated server the printer and how to connect to it from dedicated ....is normal 5 hours printing and balance 0 ?
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pvaladares
Member
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Activity: 68
Merit: 10
"Imagination is more important than knowledge"
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December 23, 2013, 07:57:00 PM |
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I am running under latest Ubuntu version with wine. It works very well.
Why use wine? You should be able to compile a faster native version. You are correct. No need to use the binary windows version under wine. The source-code is available! Check my brief tutorial on how to set up under Ubuntu. Compiling @ Ubuntu git clone https://bitbucket.org/pankkake/bernankoin.git cd bernankoin/src/ make -f make.unix
Create bernankoin.conf echo ' rpcuser=berinankoinrpc rpcpassword=any rpcport=1966 rpcallow=127.0.0.1 server=1 gen=1' > ./bernankoin/bernankoin.conf
Run and watch the progress ./bernankoind --daemon && watch './bernankoind getprintinginfo && ./bernankoind getinfo && ./bernankoind getbalance'
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CryptoCurrency enthusiastic!
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