[ANN][CACH] CACHeCoin released based on scrypt-jane

[vertoe]

Please, add some power to the network, http://q30.qhor.net:8336/static/

Any responses from any exchanges yet?

Jasin, I talked to coin-swap.net they are considering to add CACH. Not sure if this count as exchange

[busoni]

If someone wants to send me a bit of CACH (a single coin will do fine) so I can test deposits and withdrawals, I'll put this up on Poloniex. Address: CH87XuRNqmDNTeRomD6TCetfwNGAfRSQHY

[jasinlee]

If someone wants to send me a bit of CACH (a single coin will do fine) so I can test deposits and withdrawals, I'll put this up on Poloniex. Address: CH87XuRNqmDNTeRomD6TCetfwNGAfRSQHY

Sent 1

[kalgecin]

For people sending me PMs that this coin is "dead":

This coin is not dead, yes, PoW take a VERY long time atm but PoS still confirm the transactions, and as of now, last 10 confirm time is 14m 48s. Quite in the range of the intended 15m average. Here's how this coin works. PoW are targeted at 15m intervals, PoS are mined independently with it's own diff not caring about anything. If PoW starts taking more that 15m per block (like now) PoS diff adjusts so that it balances the time to archive the intended 15m confirmations. I never intended this to be a mine and dump coin like what's going on now with other alts. Miners hear a new coin, mine at launch, dump asap, profit. This coin is aimed at usability and try to minimize the amount of "free" money generated. Not for miner to mine the shit out of it and sell. At first the drop in diff algo had a bug where i forgot to change it to my intended purposes, now that it is fixed, the network is behaving as intended. The diff adjustment is not based on any average, it's based on last time block. So it doesn't and should't drop to the intended 15m target all at once, it'll drop slowly (but MUCH faster that rising). so even if the diff is at say, 100, and network hashn't found a block in several hrs, and suddenly out of luck say two blocks are found minutes apart, the diff will drop to say 95, the rise say to 95.5. Doesn't matter on the average time of last X blocks. The network looks at last block only

[busoni]

BTC/CACH on Poloniex!

https://poloniex.com/market?currencyPair=BTC_CACH

[kalgecin]

BTC/CACH on Poloniex!

https://poloniex.com/market?currencyPair=BTC_CACH

CACH deposit address is not generated correctly

[busoni]

BTC/CACH on Poloniex!

https://poloniex.com/market?currencyPair=BTC_CACH

CACH deposit address is not generated correctly

What's wrong? Mine works fine, and everyone seems to have what appear to be valid addresses. Is yours not displaying, or is the client rejecting it?

[DiggingD33p]

BTC/CACH on Poloniex!

https://poloniex.com/market?currencyPair=BTC_CACH

CACH deposit address is not generated correctly

What's wrong? Mine works fine, and everyone seems to have what appear to be valid addresses. Is yours not displaying, or is the client rejecting it?

the address might be wrong, doesnt work for me too

[trid]

PoS are mined independently with it's own diff not caring about anything.

2 questions

1. PoS stake time is 7 days? I have a coins from january 07 and they do not stake.

2. What PoS interest in %?

Thanks

[kalgecin]

PoS are mined independently with it's own diff not caring about anything.

2 questions

1. PoS stake time is 7 days? I have a coins from january 07 and they do not stake.

2. What PoS interest in %?

Thanks

1. Is your wallet encrypted and locked? You need to unlock it

2. Around 0.1% per coin week age

[kalgecin]

BTC/CACH on Poloniex!

https://poloniex.com/market?currencyPair=BTC_CACH

CACH deposit address is not generated correctly

What's wrong? Mine works fine, and everyone seems to have what appear to be valid addresses. Is yours not displaying, or is the client rejecting it?

My deposit address is EqLjgcDU9EdnE5rhtZRVhAGGipeYyMDkPh

[kalgecin]

BTC/CACH on Poloniex!

https://poloniex.com/market?currencyPair=BTC_CACH

CACH deposit address is not generated correctly

What's wrong? Mine works fine, and everyone seems to have what appear to be valid addresses. Is yours not displaying, or is the client rejecting it?

My deposit address is EqLjgcDU9EdnE5rhtZRVhAGGipeYyMDkPh

Never mind :-P my mistake was looking at cash

[vertoe]

For people sending me PMs that this coin is "dead":

This coin is not dead, yes, PoW take a VERY long time atm but PoS still confirm the transactions, and as of now, last 10 confirm time is 14m 48s. Quite in the range of the intended 15m average. Here's how this coin works. PoW are targeted at 15m intervals, PoS are mined independently with it's own diff not caring about anything. If PoW starts taking more that 15m per block (like now) PoS diff adjusts so that it balances the time to archive the intended 15m confirmations. I never intended this to be a mine and dump coin like what's going on now with other alts. Miners hear a new coin, mine at launch, dump asap, profit. This coin is aimed at usability and try to minimize the amount of "free" money generated. Not for miner to mine the shit out of it and sell. At first the drop in diff algo had a bug where i forgot to change it to my intended purposes, now that it is fixed, the network is behaving as intended. The diff adjustment is not based on any average, it's based on last time block. So it doesn't and should't drop to the intended 15m target all at once, it'll drop slowly (but MUCH faster that rising). so even if the diff is at say, 100, and network hashn't found a block in several hrs, and suddenly out of luck say two blocks are found minutes apart, the diff will drop to say 95, the rise say to 95.5. Doesn't matter on the average time of last X blocks. The network looks at last block only

+1 well explaining how unique cachecoin really is!

[kalgecin]

+1 well explaining how unique cachecoin really is!

Although the coin has yet to be able to use PoS like that. Since there are no many potential clients who can stake. But after a few weeks, the exchange should help with that I think. since it'll have many transactions that would be able to stake

[Siggi84]

Any responses from any exchanges yet?

Cryptsy Reply

Thank you for introducing this coin to us.

We will take a look at the coin and consider it for addition.

BitJohn
Operations Manager
bitjohn@cryptsy.com
Tradekey: c66b821fccac75687ce5dff421c9852d67a8205b
Cryptsy Wiki: wiki.cryptsy.com

Bter - no answer
CoinEx - no answer
Coined Up - no answer
Coins-E - no answer

 

[r05]

Poloniex deposits taking ~5 minutes tops to clear CACH for me. Just be aware that CACH != CASH, and if you send your CACH to a CASH address, your coins will be irretrievably lost..

[Burninj]

BTC/CACH on Poloniex!

https://poloniex.com/market?currencyPair=BTC_CACH

Bad news... Coin will be dead in no time... Poloniex is the graveyard for fake coins...

[simonhard]

BTC/CACH on Poloniex!

https://poloniex.com/market?currencyPair=BTC_CACH

Bad news... Coin will be dead in no time... Poloniex is the graveyard for fake coins...

I still have positive attitude. The fact that jasinlee will accept CACH on scrypt asic orders will keep CACH alive. More than alive.

Just give it a bit more time.

[Sy]

Poloniex deposits taking ~5 minutes tops to clear CACH for me. Just be aware that CACH != CASH, and if you send your CACH to a CASH address, your coins will be irretrievably lost..

Your wallet should tell you that the cash address isnt a valid cach address...

[singula]

Your wallet should tell you that the cash address isnt a valid cach address...

It should, but with so many coins (over 700) and so little prefixes, chance is that there is some other coin out there with same prefix as CACH - and then such mistake would result in a coin loss. But it seems that CASH and CACH have different prefixes, so that should not be a problem