altcoin (OP)
Member
 Offline
Activity: 84
Merit: 10
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February 17, 2014, 05:17:20 AM |
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Here's my first draft... It's not much, but if you feel like it's worth a few ALT, my ALT wallet is at AiBHiFN1FZ26uTNvEKyPX6SpAtbkN4EdAL
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Are you tired of premined scamcoins? Does the sight of another meme coin make your blood boil? Sick of waiting 30 minutes to confirm a transfer? Looking for a new coin now that scrypt ASICs have killed your mining profitability? Then look no further!
Presenting Altcoin!
Altcoin is an attempt to merge all the best features of other alternate cryptocurrencies into a single package:
- scrypt Adaptive N-Factor (from Vertcoin)
- Random rewards (DOGE et al.)
- Short retarget time (18 blocks)
- Small block size
- Effectively no premine (only 128 normal sized blocks premined for stability, less than 0.0004%)
- Fair launch (Windows wallet was available from the start, no network connectivity issues)
Technical Details:
Algorithm: Scrypt-Adaptive-Nfactor (Not scrypt-jane)
Symbol : ALT
Max Coins: 4294967296 (2^32) altcoins.
Block time: 1 minutes
Subsidy halves every 131,072 ( 2^17) blocks (~3 moths)
Difficulty Re-Target Time: 18 minutes
Block Rewards: Random block rewards as shown in the following table:
block number
| Block No. | Reward | |
|---------- |--------------|---|
| 1 to 131072 | 1-256 | | (2^8)
| 131073 to 262144 | 1-128 | | (2^7)
| 262145 to 524288 | 1-1-64 | | (2^6)
| 524289 to 1048576 | 1-32 | | (2^5)
| 1048577 to 2097152 | 1-16 | | (2^4)
| ................. | ....... | |
minimum block reward is 1 ALT
Port: P2P 32767, RPC 32768
Premine: First 128 (2^7) blocks for checkpoints (total premine is 14878 ALTs, 0.00034640543162822723388671875% of the total number)
Hey bro, please check your email. |
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altcoin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 17, 2014, 05:20:08 AM |
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Here's my first draft... It's not much, but if you feel like it's worth a few ALT, my ALT wallet is at AiBHiFN1FZ26uTNvEKyPX6SpAtbkN4EdAL
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Are you tired of premined scamcoins? Does the sight of another meme coin make your blood boil? Sick of waiting 30 minutes to confirm a transfer? Looking for a new coin now that scrypt ASICs have killed your mining profitability? Then look no further!
Presenting Altcoin!
Altcoin is an attempt to merge all the best features of other alternate cryptocurrencies into a single package:
- scrypt Adaptive N-Factor (from Vertcoin)
- Random rewards (DOGE et al.)
- Short retarget time (18 blocks)
- Small block size
- Effectively no premine (only 128 normal sized blocks premined for stability, less than 0.0004%)
- Fair launch (Windows wallet was available from the start, no network connectivity issues)
Technical Details:
Algorithm: Scrypt-Adaptive-Nfactor (Not scrypt-jane)
Symbol : ALT
Max Coins: 4294967296 (2^32) altcoins.
Block time: 1 minutes
Subsidy halves every 131,072 ( 2^17) blocks (~3 moths)
Difficulty Re-Target Time: 18 minutes
Block Rewards: Random block rewards as shown in the following table:
block number
| Block No. | Reward | |
|---------- |--------------|---|
| 1 to 131072 | 1-256 | | (2^8)
| 131073 to 262144 | 1-128 | | (2^7)
| 262145 to 524288 | 1-1-64 | | (2^6)
| 524289 to 1048576 | 1-32 | | (2^5)
| 1048577 to 2097152 | 1-16 | | (2^4)
| ................. | ....... | |
minimum block reward is 1 ALT
Port: P2P 32767, RPC 32768
Premine: First 128 (2^7) blocks for checkpoints (total premine is 14878 ALTs, 0.00034640543162822723388671875% of the total number)
Altcoin (sha-256 version) drank your milkshake. Bring what is left to their yard. Ohms are futile. We don't think SHA256 version ALTCOIN is a threat to ours. |
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spiffcow
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February 17, 2014, 05:29:31 AM |
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Here's my first draft... It's not much, but if you feel like it's worth a few ALT, my ALT wallet is at AiBHiFN1FZ26uTNvEKyPX6SpAtbkN4EdAL
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Are you tired of premined scamcoins? Does the sight of another meme coin make your blood boil? Sick of waiting 30 minutes to confirm a transfer? Looking for a new coin now that scrypt ASICs have killed your mining profitability? Then look no further!
Presenting Altcoin!
Altcoin is an attempt to merge all the best features of other alternate cryptocurrencies into a single package:
- scrypt Adaptive N-Factor (from Vertcoin)
- Random rewards (DOGE et al.)
- Short retarget time (18 blocks)
- Small block size
- Effectively no premine (only 128 normal sized blocks premined for stability, less than 0.0004%)
- Fair launch (Windows wallet was available from the start, no network connectivity issues)
Technical Details:
Algorithm: Scrypt-Adaptive-Nfactor (Not scrypt-jane)
Symbol : ALT
Max Coins: 4294967296 (2^32) altcoins.
Block time: 1 minutes
Subsidy halves every 131,072 ( 2^17) blocks (~3 moths)
Difficulty Re-Target Time: 18 minutes
Block Rewards: Random block rewards as shown in the following table:
block number
| Block No. | Reward | |
|---------- |--------------|---|
| 1 to 131072 | 1-256 | | (2^8)
| 131073 to 262144 | 1-128 | | (2^7)
| 262145 to 524288 | 1-1-64 | | (2^6)
| 524289 to 1048576 | 1-32 | | (2^5)
| 1048577 to 2097152 | 1-16 | | (2^4)
| ................. | ....... | |
minimum block reward is 1 ALT
Port: P2P 32767, RPC 32768
Premine: First 128 (2^7) blocks for checkpoints (total premine is 14878 ALTs, 0.00034640543162822723388671875% of the total number)
Altcoin (sha-256 version) drank your milkshake. Bring what is left to their yard. Ohms are futile. SHA256 = meh. That one is old and nobody cared about it to begin with. |
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altcoin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 17, 2014, 05:36:56 AM |
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Here's my first draft... It's not much, but if you feel like it's worth a few ALT, my ALT wallet is at AiBHiFN1FZ26uTNvEKyPX6SpAtbkN4EdAL
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Are you tired of premined scamcoins? Does the sight of another meme coin make your blood boil? Sick of waiting 30 minutes to confirm a transfer? Looking for a new coin now that scrypt ASICs have killed your mining profitability? Then look no further!
Presenting Altcoin!
Altcoin is an attempt to merge all the best features of other alternate cryptocurrencies into a single package:
- scrypt Adaptive N-Factor (from Vertcoin)
- Random rewards (DOGE et al.)
- Short retarget time (18 blocks)
- Small block size
- Effectively no premine (only 128 normal sized blocks premined for stability, less than 0.0004%)
- Fair launch (Windows wallet was available from the start, no network connectivity issues)
Technical Details:
Algorithm: Scrypt-Adaptive-Nfactor (Not scrypt-jane)
Symbol : ALT
Max Coins: 4294967296 (2^32) altcoins.
Block time: 1 minutes
Subsidy halves every 131,072 ( 2^17) blocks (~3 moths)
Difficulty Re-Target Time: 18 minutes
Block Rewards: Random block rewards as shown in the following table:
block number
| Block No. | Reward | |
|---------- |--------------|---|
| 1 to 131072 | 1-256 | | (2^8)
| 131073 to 262144 | 1-128 | | (2^7)
| 262145 to 524288 | 1-1-64 | | (2^6)
| 524289 to 1048576 | 1-32 | | (2^5)
| 1048577 to 2097152 | 1-16 | | (2^4)
| ................. | ....... | |
minimum block reward is 1 ALT
Port: P2P 32767, RPC 32768
Premine: First 128 (2^7) blocks for checkpoints (total premine is 14878 ALTs, 0.00034640543162822723388671875% of the total number)
Altcoin (sha-256 version) drank your milkshake. Bring what is left to their yard. Ohms are futile. SHA256 = meh. That one is old and nobody cared about it to begin with. Yes, we agree with that. |
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altcoin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 17, 2014, 06:46:35 AM |
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We are working on the promotion of ALTCOIN, we are contacting with some Chinese exchanges and asking them add ALT to their exchanges.
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spiffcow
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February 17, 2014, 07:02:23 AM |
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Hashrates are picking up! Wouldn't be surprised to see 100MH/s tomorrow
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altcoin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 17, 2014, 09:58:10 AM |
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Hashrates are picking up! Wouldn't be surprised to see 100MH/s tomorrow
Yes, it's nearly 90Mh/s now. |
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altcoin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 17, 2014, 10:38:33 AM |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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February 17, 2014, 10:54:13 AM |
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too low considering the block reward, this should be easily in 10k-100k range |
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ivanrebroff
Newbie
Offline
Activity: 52
Merit: 0
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February 17, 2014, 12:21:25 PM |
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Come and join us at http://alt.coinvention.net! We already have experience with SCRYPT-N coins* 1% fee* We re constantly finding blocks and have a very low TX fee from 0.001 Manual/Automatic* Guide for Mining with CUDA, VERTMINER, CPUMINER* Every 15 min Payout Schedule* Servers Located in Germany with Low Latency |
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altcoin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 17, 2014, 02:55:07 PM |
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Come and join us at http://alt.coinvention.net! We already have experience with SCRYPT-N coins* 1% fee* We re constantly finding blocks and have a very low TX fee from 0.001 Manual/Automatic* Guide for Mining with CUDA, VERTMINER, CPUMINER* Every 15 min Payout Schedule* Servers Located in Germany with Low LatencyThanks for you excellent work, please give us your ALT address, we will give you the bounty. |
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altcoin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 17, 2014, 02:57:20 PM |
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too low considering the block reward, this should be easily in 10k-100k range Yes, the price will be higher. |
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altcoin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 18, 2014, 04:32:56 AM |
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We want to exchange ALT in some Chinese exchange, anybody can help?
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nigttran
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February 18, 2014, 05:02:49 AM |
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Up to the moon...  |
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altcoin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 18, 2014, 07:15:28 AM |
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dolphinss
Member
Offline
Activity: 70
Merit: 10
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February 18, 2014, 07:19:28 AM |
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too low considering the block reward, this should be easily in 10k-100k range Yes, the price will be higher. 100k satoshi sounds about right :-) |
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altcoin (OP)
Member
Offline
Activity: 84
Merit: 10
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February 18, 2014, 08:55:45 AM |
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too low considering the block reward, this should be easily in 10k-100k range Yes, the price will be higher. 100k satoshi sounds about right :-) Need more people come into ALT. We now start a bounty for ALT marketing and promotion advice, if we use your suggestion or advice, we will give you 1024 ALT as a bounty, so, please discuss how to promote ALT? We need your help. |
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rhui
Member
Offline
Activity: 70
Merit: 10
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February 18, 2014, 09:47:06 AM |
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The adaptive-n is a good move. The random reward sounds interesting. It reminds me about CGA's reward method  But they are just in a extreme situation of "all or nth". Still, I personally dont like the logo....It may be too many words inside and it is hard to read when the pic is small. Ak7jxs4JJUH7x5UUKDFkPd9jATv73TC3HC Many thanks if some coins could be received |
I AM A DNOTES FAN THE COIN ABOVE ALL OTHERS.
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spiffcow
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February 18, 2014, 10:15:34 AM |
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Noticed this is currently slightly more profitable than Panda at the moment  |
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BTCspoon
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February 18, 2014, 10:25:15 AM |
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Need more people come into ALT.
We now start a bounty for ALT marketing and promotion advice, if we use your suggestion or advice, we will give you 1024 ALT as a bounty, so, please discuss how to promote ALT?
We need your help.
Advice: Flooding all markets with your "premined" coins (at stupid price) won't help the coin to take off at all. Not sure right now if you really care about your coin at all...i guess not. I'm out of that one. Good luck. |
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