[ANN][VNC][Scrypt] Verncoin - Launched!

[Smokezz]

The website also says 1-1,000,000...

I generally cringe at the people screaming scam if a coin is a second late on a launch, or if the slightest thing goes wrong.... however THIS is a blatant scam.

[cryptohunter]

seems a lot of work for a scam, but anyway will mine 50 blocks for the archives if possible.

Also a lot of FUD on this thread.

just a shitclone with big premine.

[nunya_coin]

The website also says 1-1,000,000...

I generally cringe at the people screaming scam if a coin is a second late on a launch, or if the slightest thing goes wrong.... however THIS is a blatant scam.

Agree on screaming scam, unless it's got some sort of IPO.  I suspect the code didn't do what they wanted and instead of fixing/relaunching they are trying to change the specs to match reality.  If they really premined .5% of the intended 100 billion then thats 2 years mining to catch up at 500/block.

[Gabri]

WTB some VNC, send PM with offers please !

[NMiner]

The website also says 1-1,000,000...

I generally cringe at the people screaming scam if a coin is a second late on a launch, or if the slightest thing goes wrong.... however THIS is a blatant scam.

Agree on screaming scam, unless it's got some sort of IPO.  I suspect the code didn't do what they wanted and instead of fixing/relaunching they are trying to change the specs to match reality.  If they really premined .5% of the intended 100 billion then thats 2 years mining to catch up at 500/block.

There is no intention of a scam - it is BAD launch with BAD info. I was given bad info from the dev... if it is a scam then I am scammed as well.

[Smokezz]

The website also says 1-1,000,000...

I generally cringe at the people screaming scam if a coin is a second late on a launch, or if the slightest thing goes wrong.... however THIS is a blatant scam.

Agree on screaming scam, unless it's got some sort of IPO.  I suspect the code didn't do what they wanted and instead of fixing/relaunching they are trying to change the specs to match reality.  If they really premined .5% of the intended 100 billion then thats 2 years mining to catch up at 500/block.

There is no intention of a scam - it is BAD launch with BAD info. I was given bad info from the dev... if it is a scam then I am scammed as well.

Look at the website man... I assume you didn't make the website, and the dev did...

1st 100,000 blocks: 0-1,000,000 VNC
1/2 reward every 100,000 blocks
@ Blocks 600,000+ — Flat 10,000 Reward

[nunya_coin]

The website also says 1-1,000,000...

I generally cringe at the people screaming scam if a coin is a second late on a launch, or if the slightest thing goes wrong.... however THIS is a blatant scam.

Agree on screaming scam, unless it's got some sort of IPO.  I suspect the code didn't do what they wanted and instead of fixing/relaunching they are trying to change the specs to match reality.  If they really premined .5% of the intended 100 billion then thats 2 years mining to catch up at 500/block.

There is no intention of a scam - it is BAD launch with BAD info. I was given bad info from the dev... if it is a scam then I am scammed as well.

Just so I'm clear, is this your coin and the dev you hired didn't build it to your specs, or you are just helping them out by posting the ANN thread?  Can you verify how much was really premined?

[SCryptoMiners]

SCryptoMiners Verncoin Pool
http://vnc.scryptominers.com

• PPLNS (Pay Per Last N Shares) reward system
• Stratum + Vardiff
• Round earnings credited after 120 confirms.
• All block transaction fees are passed along to miners.
• Minimum payout is 1 Verncoin.
• We process payouts every 60 seconds.

We run multiple mining pools that can be seen in my signature below.

You will be safe mining with us.

[NJRiot]

are you serious with this?
what kind of scam shit is this?
so your premine just became a fucking fortune!!!!

Fuck this coin!!!
no wonder the pools are empty!!!
FAIL

[Amph]

are you serious with this?
what kind of scam shit is this?
so your premine just became a fucking fortune!!!!

Fuck this coin!!!
no wonder the pools are empty!!!
FAIL

meanwhile other scam like thepanda with 3% premine, are being mined like crazy lmao

[NJRiot]

I just left cryptoapples ... LAUNCH FAILED!
now I come here .. and they change it last minute so the dev hits the lottery ...
wtf goes on anymore!

I should of just stayed mining litebar

[SCryptoMiners]

I just left cryptoapples ... LAUNCH FAILED!
now I come here .. and they change it last minute so the dev hits the lottery ...
wtf goes on anymore!

I should of just stayed mining litebar

If the block reward is 500, it's likely the case that the dev has still only premined 0.5%.

Until a block explorer is up, we won't know about what the block rewards were during the premine period.

[StakeHunter]

Well, for "fun" - I took a look at the code... Here it is:

Code:

static const int64 MIN_TX_FEE = 100000000;
static const int64 MIN_RELAY_TX_FEE = MIN_TX_FEE;
static const int64 MAX_MONEY = 50000000000 * COIN; // 50 Billion supply.
inline bool MoneyRange(int64 nValue) { return (nValue >= 0 && nValue <= MAX_MONEY); }

So it is only a 50 Billion supply.

Don't know why the OP didn't check this...

[cryptohunter]

but even with 50 BILLION minting the blocks should be way bigger than 500? WTF  more like 500, 000

[NJRiot]

but even with 50 BILLION minting the blocks should be way bigger than 500? WTF  more like 500, 000

I agree
+1

[madmartyk]

Yep another clusterfuck coin!!!

[NJRiot]

not as bad as cryptoapples was before .. lol
FAIL

[loader]

Added here: http://latestco.in/coin/vnc_verncoin/
Tweeted: https://twitter.com/LatestCoin/status/434476834961387521

[NMiner]

Well, for "fun" - I took a look at the code... Here it is:

Code:

static const int64 MIN_TX_FEE = 100000000;
static const int64 MIN_RELAY_TX_FEE = MIN_TX_FEE;
static const int64 MAX_MONEY = 50000000000 * COIN; // 50 Billion supply.
inline bool MoneyRange(int64 nValue) { return (nValue >= 0 && nValue <= MAX_MONEY); }

So it is only a 50 Billion supply.

Don't know why the OP didn't check this...

Well, because honestly besides simple HTML I don't know code...I wouldn't know where to begin to look for the info you provided above.

I don't know why it is only a fixed 500 coins...
The dev is not available. He was simply paid for the code, and this is what it is. So...if any dev wants to pick up a coin...

I will fix what info I can, on the post and website, but beyond that, I am not a coder, so I am sorry. I wanted it to be a good launch, be part of a launch...

[cryptohunter]

well the coin died now then since 1000's blocks premined and now the blocks of a 50 billion minting are only 500? that is the end of this coin i guess.  Strange because the installer and design looks quite good.

also you are not the dev but the marketeer? but have access to the website?

also you said there are some serious bad things about the code, mine at own risk? what did you mean?