[ANN] 42 | + | + super rare + | + | + | + only 42 coins to be mined + | + | + |

[hendo420]

DOWNLOADS

Git
https://github.com/fourtytwo42/42

Windows Binaries

Specifications:
Scrypt
42 coins Max
42 second block time
Difficulty re-target every 10 minutes
No Block reward for the first 120 blocks
Blocks 121+ are 0.00004200 block reward
Tx fees are 0.00000001
RPC port 4242
p2p port 424242
testnet port 42424

Sample 42.conf

Code:

rpcuser=user
rpcpassword=password
rpcallowip=*
rpcport=4242
addnode=198.199.116.77
addnode=162.243.205.200
addnode=162.243.49.230
daemon=1
server=1
listen=1

Website
Coming Soon...

Forums
https://cryptocointalk.com/forum/604-42/

Pools
Coming Soon...

Exchanges
Coming Soon...

Services
Coming Soon...

[perhan007]

will be easy for the people to find your coin by typing "42" in google... this is just the same shit with a different name, unless you have some very good ideas...

[luckygenough56]

what's the point of having a rare coin if nobody wants it ?

[That Guy]

[hendo420]

will be easy for the people to find your coin by typing "42" in google... this is just the same shit with a different name, unless you have some very good ideas...

I have never seen a coin with such a low reward per block and overall coins. I want to see what happens, will it break, if it doesn't break what would a coin be worth if it only has 42 max coins ever to be created.

These are unknowns I would like to test.

Everyone else seems to be pushing the limit on the top end of max coins with 100,000,000,000 max coins. I want to try the opposite.

[krodmandoon]

how many people in the world? how many coins should each person have to make themselves feel rich? my guess...not 42 divided amongst 7 billion plus people. We are looking for the CURRENCY of the future here. Think 100 years from now, not 30 days.

[hendo420]

how many people in the world? how many coins should each person have to make themselves feel rich? my guess...not 42 divided amongst 7 billion plus people. We are looking for the CURRENCY of the future here. Think 100 years from now, not 30 days.

Right now I have it set to distribute all of the coins over a year and then none are made after that point. Its the only way I could keep it at 42. The lowest you can set the block reward is 0.0001 coins. lol

This might even break pool software. Who knows, so many unknown unknowns.


I could up the block time to 5 minutes that would mean we would reach 42 coins about 2.2 years in.

[Come-from-Beyond]

I'm calling it 42.

Is it Bitcoin multiplied by 2 and divided by 1'000'000?

[luckygenough56]

Could be fun.

[oncebitcoinedtwiceshy]

Will watch with interest, as you say why not try something different and see!  Can go worse than some already launched alts.

[MsCollec]

No BS bro, this is a collector items... I have to add it to my mscollec coins portfolio

[singula]

Maybe the only altcoin that could be more valuable than bitcoin (with cost per unit) .

Reaching 42 btc market cap at least for a moment for an alt-coin may not be that hard if sufficiently hyped ...

[awais3344]

42 swagz

[AbraxasCcs]

SHA-256 or Scrypt?

[hendo420]

SHA-256 or Scrypt?

Currently scrypt but I don't think it would be too hard to make it sha-256. Or even go with another alogo like primecoin.

[Nullu]

If this has any premine at all it is potentially worthless. Low circulation means a high probably value per coin due to rarity.

Maybe get away for 2% at most.

[Xaltotun]

will be easy for the people to find your coin by typing "42" in google... this is just the same shit with a different name, unless you have some very good ideas...

I have never seen a coin with such a low reward per block and overall coins. I want to see what happens, will it break, if it doesn't break what would a coin be worth if it only has 42 max coins ever to be created.

These are unknowns I would like to test.

Everyone else seems to be pushing the limit on the top end of max coins with 100,000,000,000 max coins. I want to try the opposite.

Take a look at OneCoin for comparison:

https://bitcointalk.org/index.php?topic=200177.0

[hendo420]

If this has any premine at all it is potentially worthless. Low circulation means a high probably value per coin due to rarity.

Maybe get away for 2% at most.

If there is any premining it will be only for bounties. I don't like premining any more than you do. lol

[Nullu]

I wish I could help, but unfortunately I have other commitments. It's certainly more interesting than the other coins out there though. I'd certainly like to offer some suggestions on a couple of things if you're trying to pitch this coin as something new and unique.

[hendo420]

Bump

Already got 1 team member on board. Looking for atleast 1 more person.

[sighle]

I find the concept extremely interesting, unfortunately I don't have much in the way of skills to offer to help out other than maybe come crappy photoshop skills. I will watch with interest.

[duuuuude]

i think your idea is interesting, may i suggest the primecoin, or quark algo, there are so many scrypt and sha coins now, it would be hard to differantiate yourself.

if you need some help with hypings and giveaways, feel free to messege me.

j

[Korporal]

WTS: 6.72951 [42COIN] @ BTC5000

PM with counter-offers!





Just testing my future post. What do you think? lol

[sighle]

i think your idea is interesting, may i suggest the primecoin, or quark algo, there are so many scrypt and sha coins now, it would be hard to differantiate yourself.

if you need some help with hypings and giveaways, feel free to messege me.

j

It doesn't matter what algo you use, you still have to contend with the big players.

I would say that scrypt-jane is one of the more "equal" algos out right now. Any CPU algo just gets dominated by cloud miners.

[SpeedDemon13]

This seems to be the same concept that BitBar tried to do, but even more rarer. I would say, not to make too rare, but also have a technological and usage points for it.

[hendo420]

I would like to hear from someone who runs a pool if a block reward of 0.0001 coins would break a pool? Is the software able to handle small enough increments to break it down for miner payout?

[sighle]

I would like to hear from someone who runs a pool if a block reward of 0.0001 coins would break a pool? Is the software able to handle small enough increments to break it down for miner payout?

AFAIK, pools and exchanges will only go to 8 decimal places.

Odds are that anything less than 1 satoshi or .00000001 will get rounded down to nothing.

I'm sure that there's already systems in place to deal with this even if a block is worth 1000000 you still have to divvy it up between people.
It's probably a common occurrence that a block payout has to deal with repeating numbers.

[hendo420]

[Apostle4444]

And the password is ?

What pools are going ?

cheers

[deuteronpsi]

and... fail?

[Apostle4444]

Nope seems to have two threads.. sheesh.. https://bitcointalk.org/index.php?topic=399658.0

[deuteronpsi]

Nope seems to have two threads.. sheesh.. https://bitcointalk.org/index.php?topic=399658.0

ah thanks.

[lichao1395427]

wow  on  cryptsy.com......Unbelievable

[tazcatlicoatlus]