[PRE-ANN][DRK] Darkcoin

[wonko86]

Okay so I'm totally new to this so please skip all negativity  . Thought to try to make a new coin (for fun, learning, and if we're lucky maybe bring the altcoin community something new. Can also add that I am from Sweden so English is not my native language (using Google translate right now   ). I do not know yet when Darkcoin will be finished so you can start mine it. Will update here when it is available. So you all get a fair start.



Darkcoin Specifications

• Darkcoin is based on Quark Code.
• Super secure hashing: 9 rounds of hashing from 6 hashing functions (blake, bmw, groestl, jh, keccak, skein). 3 rounds apply a random hashing function.
• CPU mining.
• Quick block generation: 40 seconds.
• Block 1-10.000.000 will start from 1 to 1000 coins see http://www.darkcoin.info/Block+reward for more information.
• 1000 DRK per block (halving every 10.000.000 blocks)
• Block reward will never drop below 1 DRK
• Total of 100.000.000.000.000.000 DRK will be mined.
• Difficulty retargets every 20 blocks (maximum 10% up or 50% down)
• no premine: check
• no instamine: check
• no virus: unchecked, until the code is public and scanned.

Darkcoin will be based Community-driven development.

If you want to help with this project, just contact me and tell me what you can or want to do.

Website: www.darkcoin.info

Will update regularly here.

That's all for now

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[Amph]

no premine plz
no instamine plz
no virus plz

and it will be a good coin

[tuchkov]

when launch date?

[wonko86]

no premine plz
no instamine plz
no virus plz

and it will be a good coin

no premine: check
no instamine: check
no virus: check

 
 
 

when launch date?

Do not know yet but soon I hope 

[stas]

are you sure that this one is correct?   ===> "Total of 100.000.000.000.000.000 DRK will be mined."

[wonko86]

are you sure that this one is correct?   ===> "Total of 100.000.000.000.000.000 DRK will be mined."

Yes, I had thought that. But I'm open to suggestions .

[Acidyo]

Good luck with the launch!

[gorgorom]

If you need a hand with anything, give me a shout.

[wonko86]

I'm from Norway and I support this! 

Thanks . Where in Norway are you from?

Good luck with the launch!

Thanks .

If you need a hand with anything, give me a shout.

Any help is welcome . What are you good at and willing to help with?

[NUFCrichard]

Quark clone part 27...
I would reduce the number of coins, it is pointless having trillions of coins, make it 1 million total so each coin has a worth.

Also most quark clones are mined out in no time, why not over several years...

[peterlustig]

12 years until full blockreward is reached. oO

[NUFCrichard]

Well then I'll have a mine of it when it's released then.

[wonko86]

Quark clone part 27...
I would reduce the number of coins, it is pointless having trillions of coins, make it 1 million total so each coin has a worth.

Also most quark clones are mined out in no time, why not over several years...

Yes I know but thought quark seem like a good basis to start with.

My thought with so much coin is that each coin will not be worth so much and the price should not increase or decrease as rapidly as for example Bitcoins do.
But as I wrote earlier, I'm open to suggestions.

[PokerDoberman]

FrozenCoin, MoleculeCoin, DimeCoin, AtomCoin, UnionCoin, SecondCoin, SecureCoin, RVDCoin.. all are born from Quark.. and now this one. What for? Here is no any new idea except copy-paste.

p.s. OMG just noticed:  "Total of 100.000.000.000.000.000 DRK will be mined.". Tell me now, how you suppose this coin to be traded on markets? Do you know that there is no lower prices than 1 satoshi (0.00000001 btc) ? So forget about trading pair DRK/BTC

[NUFCrichard]

Quark clone part 27...
I would reduce the number of coins, it is pointless having trillions of coins, make it 1 million total so each coin has a worth.

Also most quark clones are mined out in no time, why not over several years...

Yes I know but thought quark seem like a good basis to start with.

My thought with so much coin is that each coin will not be worth so much and the price should not increase or decrease as rapidly as for example Bitcoins do.
But as I wrote earlier, I'm open to suggestions.

But 100 quadrillion total coins? So if it reached bitcoins market cap it would still be 0.0000002 bitcoin per DRK?

[awais3344]

way huge number of coins. You got to reduce. This will just die otherwise.

[miffman]

FrozenCoin, MoleculeCoin, DimeCoin, AtomCoin, UnionCoin, SecondCoin, SecureCoin, RVDCoin.. all are born from Quark.. and now this one. What for? Here is no any new idea except copy-paste.

p.s. OMG just noticed:  "Total of 100.000.000.000.000.000 DRK will be mined.". Tell me now, how you suppose this coin to be traded on markets? Do you know that there is no lower prices than 1 satoshi (0.00000001 btc) ? So forget about trading pair DRK/BTC

while you make your points about copy pastes, you're wrong about a coin being less than one satoshi. That's what LTC and XPM markets are for 

[xIronCrossx]

Make sure you know C++ and how to mine 

[nocoin]

Total of 100.000.000.000.000.000 DRK will be mined.

Oh, this is my favorite part. Getting ready to see

src/main.cpp:1726: error: integer constant is too large for 'long' type

[Bram]

Thanks for announcement and being honest that you don't know much and doing this for fun.
Refreshing to see it.