[ANN] 42 | Time to Revive 42 Coin - Everyone get in here!!!

[Amph]

Premine?

Just 42 coins apparently.

yeah with maybe 0.500 premine, which in this case is about 12.5% lmao

[chrisnippz]

[t3a]

[mycointr]

Countdown timer doesn't work...

Its not a live timer, please refresh the page.

lol, 0.000001 block reward...
even with 0.0000001 transaction fee, people will mine for pool owners and exchanges...
i'll pass this one...

Is 0.000001 the lowest fee possible? If so then yeah...

I changed it to 0 block reward for the first 120 blocks and then 0.000042 coins for every block thereafter.
The coin supply will last for a year with no block halving.
So the block reward is
0.00004200
Tx fees
0.00000001

Which means tx fee is about 0.095% of a whole block

To put that in perspective, B4 it was changed, Litecoins tx fee was 0.04% of the block reward.

So yea it is a little high, but there will be no more block reward after a year so high Tx fees are a must to keep the network going.

you said yourself... there wont be any coin to mine after a year, so no transactions can be made...
so?
you can't do transaction or you need to give some of your very rare coins for making excghanges to people who mine to recieve nothing but fees?
it will be probably a lot more than 0.095%.
i'll still pass...

[TeraflopGigabyte]

http://img46.imageshack.us/img46/6507/hswx.png

Only one proposition possible?

[MoneyGrabber]

https://i.imgur.com/xBujqm0.png

I love this

Had a bad day thanks for making me laugh!

[gorgorom]

Premine?

I could put that up to a vote. I don't like premining myself but would like to set up some bountys and giveaways.

If I do a premine I will just make the first block a certain amount of coin and then 400-500 empty blocks and then the gravy after block 501.

Don't premine hendo. I'll mine i and definatly donate to you, as will a lot of people i'm sure. You have something good going here, don't ruin it please

[gorgorom]

The parallel universe version.

WOOT GO FRINGE!!!

[techbytes]

Yes, I will donate too.  No premine sounds a lot better.

-tb-

[Lauda]

Idiocy.

[robcop]

WTB 42 coins pm me with offer

[crafty]

I suggest you premine at least 3%. Keep 1% for your efforts, and rest 2% for giveaways and contests.

[djeZo]

Will this coin start with low diff or high diff?

[hendo420]

Will this coin start with low diff or high diff?

It will start with low difficulty but with no block reward for the first 240 blocks so that the difficulty can ramp up before the blocks start giving a reward.

I may change the first 240 blocks back to 0.000001 so that you know everything is set up properly when mining.

I also want let you guys know that the first SUPERBLOCK is block 420. I would have made the first one 42 but that is a low/0 reward block.

[NorbyTheGeek]

Your post shows "424242" as the p2p port, but that's not a valid port number.  What will the actual p2p port number be?

[hendo420]

Your post shows "424242" as the p2p port, but that's not a valid port number.  What will the actual p2p port number be?

That is what it is set at and the network works. I'm guessing your router doesnt go that high for forwarded ports?

What im reading online says that "you should only use up to 49151, as from 49152 up to 65535 are reserved for Ephemeral ports"

So I might have to change it. lol

[NorbyTheGeek]

Your post shows "424242" as the p2p port, but that's not a valid port number.  What will the actual p2p port number be?

That is what it is set at and the network works. I'm guessing your router doesnt go that high for forwarded ports?

http://en.wikipedia.org/wiki/Port_(computer_networking)#Technical_details

A port number is a 16-bit unsigned integer, thus ranging from 1 to 65535 (port number 0 is reserved and can't be used).

I may not know Crypto that well, but I know TCP/IP.

[hendo420]

Your post shows "424242" as the p2p port, but that's not a valid port number.  What will the actual p2p port number be?

That is what it is set at and the network works. I'm guessing your router doesnt go that high for forwarded ports?

http://en.wikipedia.org/wiki/Port_(computer_networking)#Technical_details

A port number is a 16-bit unsigned integer, thus ranging from 1 to 65535 (port number 0 is reserved and can't be used).

I may not know Crypto that well, but I know TCP/IP.

Ok well, looks like I will have to change it. How about 24242

I will have to upload new source/binaries as the old ones will no longer work when I'm done. But we wont see any port conflicts.

Currently compiling/testing, I will upload the new source/binaries with a different password when I'm done so there wont be anyone using the wrong client.

[k33k]

Less than 24 hours to go! 24 is 42 backwards!

[hendo420]

So changing the port broke blockchain compatibility. Not hard to fix, even if I have to generate a new genesis block.
It just might take me a few hours instead of 10 minutes.  

First I'm removing checkpoints, if that doesn't work I will just delete the old blockchain and start it over.
And again if that doesn't work I will go back and create a new genesis block.

I'm a troubleshooting master.