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Author Topic: [ANN] 42 | + | + super rare + | + | + | + only 42 coins to be mined + | + | + |  (Read 2847 times)
hendo420 (OP)
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January 01, 2014, 09:16:42 AM
Last edit: January 06, 2014, 12:12:22 AM by hendo420
 #1



DOWNLOADS


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...

Pools
Coming Soon...

Exchanges
Coming Soon...

Services
Coming Soon...



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perhan007
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January 01, 2014, 09:19:11 AM
 #2

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
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January 01, 2014, 09:24:07 AM
 #3

what's the point of having a rare coin if nobody wants it ?
That Guy
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January 01, 2014, 09:25:10 AM
 #4


"Sharks are winners, and they don't look back because they have no necks. Necks are for sheep." -That Guy
hendo420 (OP)
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January 01, 2014, 09:25:22 AM
 #5

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. Smiley

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.

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krodmandoon
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January 01, 2014, 09:27:39 AM
 #6

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 (OP)
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January 01, 2014, 09:30:20 AM
 #7

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.

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Newbie


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January 01, 2014, 09:32:27 AM
 #8

I'm calling it 42.

Is it Bitcoin multiplied by 2 and divided by 1'000'000?
luckygenough56
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January 01, 2014, 09:33:59 AM
 #9

Could be fun.
oncebitcoinedtwiceshy
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January 01, 2014, 09:46:17 AM
 #10

Will watch with interest, as you say why not try something different and see!  Can go worse than some already launched alts.
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January 01, 2014, 10:04:06 AM
Last edit: January 01, 2014, 07:08:38 PM by MsCollec
 #11

No BS bro, this is a collector items... I have to add it to my mscollec coins portfolio
singula
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January 01, 2014, 12:15:39 PM
 #12

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

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

Big brother is not watching you anymore. Big brother is telling you how to live.
awais3344
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January 01, 2014, 12:30:29 PM
 #13

42 swagz

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
NEOSCOIN
  +POD Developers +Active Community - V2 Coming Soon! Live In-App Trading, Live Pool Stats - IRC - Arbitrush Anonymous System soon!! NEOSCOIN
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AbraxasCcs
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January 01, 2014, 12:36:17 PM
 #14

SHA-256 or Scrypt?

Mine Chococoin, eat real chocolate!
Bitrated user: Abraxas.
hendo420 (OP)
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January 01, 2014, 06:41:01 PM
 #15

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.

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Nullu
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January 01, 2014, 06:43:24 PM
 #16

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.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
Xaltotun
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January 01, 2014, 06:49:14 PM
 #17

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. Smiley

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

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||  Ann Thread  ||  Discord  ||  Facebook  ||  Twitter  ||   Github  ||
THE FIRST PYTHON BLOCKCHAIN

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hendo420 (OP)
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January 01, 2014, 08:59:09 PM
 #18

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

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Nullu
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January 02, 2014, 12:00:57 AM
 #19

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.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
hendo420 (OP)
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January 02, 2014, 04:07:43 AM
 #20

Bump

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

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