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Author Topic: CREDITS: INFLATION PERIOD OVER, SECOND HARD FORK + POKER ROOM COMING SOON  (Read 92354 times)
dnaanders (OP)
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March 05, 2014, 09:31:35 PM
 #821

I don't realy know how all this works here but I like to play with the logo.

a few wallpapers I made: http://imgur.com/a/J4QOk

CbVztfkn674VRJAD8CnSX6QDNgY76j2a3f

Nice!
compmaster
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March 05, 2014, 10:03:40 PM
 #822

Launched March 3rd 2014


    Our unique block reward system(FAIR) essentially functions like any other halving system except one key factor. The first period (six months)
    starts at a 796 block reward and rises by 1000 bi-monthly (every two weeks) to a total of nearly 13,000 after six months; these rising figures average
    to around ¤6800. This limits early adopter dominance (less Credits for very early adopters who mine for a short period), and subsequently curtails the
    effects of "Pump N' Dumps". The power is held by long term miners/supporters and those willing to capitalize on the emerging Credits economy.
    The largest combatant to the cycles of pumping and dumping is the longevity of a cryptocurrency. Credits exist to live beyond the first days, weeks,
    months, and years.



Does anyone get why this mining block reward would be fair? To me it is just saying come back in 5 months, mine until month 6 is over, then stop mining and mine a different coin.



dnaanders (OP)
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March 05, 2014, 10:12:14 PM
 #823

Launched March 3rd 2014


    Our unique block reward system(FAIR) essentially functions like any other halving system except one key factor. The first period (six months)
    starts at a 796 block reward and rises by 1000 bi-monthly (every two weeks) to a total of nearly 13,000 after six months; these rising figures average
    to around ¤6800. This limits early adopter dominance (less Credits for very early adopters who mine for a short period), and subsequently curtails the
    effects of "Pump N' Dumps". The power is held by long term miners/supporters and those willing to capitalize on the emerging Credits economy.
    The largest combatant to the cycles of pumping and dumping is the longevity of a cryptocurrency. Credits exist to live beyond the first days, weeks,
    months, and years.



Does anyone get why this mining block reward would be fair? To me it is just saying come back in 5 months, mine until month 6 is over, then stop mining and mine a different coin.





Also read the rest if you haven't already
Drogean
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March 05, 2014, 10:26:14 PM
 #824

Hey miners on Cr.Cryptopirates.net - another coin launch has borked our wallet so payouts have been temporarily disabled while its fixed. ETA should be a few hours.

NOBODY has lost ANY coins - they will ALL there when its back up.

any questions? please go to #Cryptopirates on irc.freenode

▄█▀▀▀▀▀ ● ◯ SaTT - The Revolution of Advertising Transactions ◯ ● ▀▀▀▀▀█▄
●███    Website | Ann Thread | Whitepaper | Facebook | Twitter | Telegram    ███●
▀█▄▄▄▄▄▄▄▄   PRE-SALE COMPLETED IN LESS THAN 24 HOURS!   ▄▄▄▄▄▄▄▄█▀
Drogean
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March 05, 2014, 10:32:10 PM
 #825

Hey miners on Cr.Cryptopirates.net - another coin launch has borked our wallet so payouts have been temporarily disabled while its fixed. ETA should be a few hours.

NOBODY has lost ANY coins - they will ALL there when its back up.

any questions? please go to #Cryptopirates on irc.freenode

Server is fixed - payouts up and running again

▄█▀▀▀▀▀ ● ◯ SaTT - The Revolution of Advertising Transactions ◯ ● ▀▀▀▀▀█▄
●███    Website | Ann Thread | Whitepaper | Facebook | Twitter | Telegram    ███●
▀█▄▄▄▄▄▄▄▄   PRE-SALE COMPLETED IN LESS THAN 24 HOURS!   ▄▄▄▄▄▄▄▄█▀
ultrastructure
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March 05, 2014, 10:34:13 PM
 #826

I don't realy know how all this works here but I like to play with the logo.

a few wallpapers I made: http://imgur.com/a/J4QOk

CbVztfkn674VRJAD8CnSX6QDNgY76j2a3f

That's awesome, sent you ¤100. Keep it up
Din
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March 06, 2014, 12:10:37 AM
 #827

Feels like the thread needs a bump. Smiley
Everything going smooth  Wink
dnaanders (OP)
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March 06, 2014, 12:17:02 AM
 #828

Feels like the thread needs a bump. Smiley
Everything going smooth  Wink

Agreed
scroogeMcDuck
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March 06, 2014, 12:30:13 AM
 #829

Only getting 250 credits a day mining. I really hope this is worth it  Sad
dnaanders (OP)
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March 06, 2014, 12:31:09 AM
 #830

Only getting 250 credits a day mining. I really hope this is worth it  Sad

That's more than most
dnaanders (OP)
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March 06, 2014, 01:15:21 AM
 #831

So guys, it's just over 55 hours since launch.  Any general questions/comments/feedback?
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March 06, 2014, 01:17:09 AM
 #832

yes 250 isn't too bad what is your hash rate? 

Swag
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March 06, 2014, 01:26:28 AM
 #833

Selling 10k cr, pm offers
chickenliver503
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March 06, 2014, 01:27:58 AM
 #834

anyone have any working nodes
goin2mars
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March 06, 2014, 02:08:13 AM
 #835

So in the video on the first page, I saw coin mixing mentioned. I looked through about a third of the thread and didn't see a discussion on that. Can anyone elaborate on this at this time?
dnaanders (OP)
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March 06, 2014, 02:09:59 AM
 #836

So in the video on the first page, I saw coin mixing mentioned. I looked through about a third of the thread and didn't see a discussion on that. Can anyone elaborate on this at this time?

Yeah sure thing, we're looking to integrate it very soon. 
dr00g
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March 06, 2014, 02:29:19 AM
 #837

This looks very promising, I like that so much work have already been done, and was released together with the coin - really nice job!
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March 06, 2014, 02:29:28 AM
 #838

So in the video on the first page, I saw coin mixing mentioned. I looked through about a third of the thread and didn't see a discussion on that. Can anyone elaborate on this at this time?

Yeah sure thing, we're looking to integrate it very soon. 

Well that's fantastic. Thanks for the quick response. I like that you'd like to integrate soon as well. More on this, I'd like to know what coin-mixing means for this coin if you don't mind explaining. There are different ways to achieve mixing, and I am wondering which way you are moving toward?
dnaanders (OP)
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March 06, 2014, 02:38:33 AM
 #839

So in the video on the first page, I saw coin mixing mentioned. I looked through about a third of the thread and didn't see a discussion on that. Can anyone elaborate on this at this time?

Yeah sure thing, we're looking to integrate it very soon.  

Well that's fantastic. Thanks for the quick response. I like that you'd like to integrate soon as well. More on this, I'd like to know what coin-mixing means for this coin if you don't mind explaining. There are different ways to achieve mixing, and I am wondering which way you are moving toward?

Well that's the thing haha, we too have seen it done in many different ways and would like to optimize (can't think of a better term) the function of coin-mixing to fit Credits as best we can.  We're definitely not going for any sort of Darkcoin vibe though.
scroogeMcDuck
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March 06, 2014, 02:40:05 AM
Last edit: March 06, 2014, 03:02:15 AM by scroogeMcDuck
 #840

yes 250 isn't too bad what is your hash rate?  

About 400 KH/s

Maybe in the future I can buy a soda with only 1 credit. Because all successful future money is called credits, so why not?
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