[PRE-ANN][SHA-256][9sec/block+KGW] Release the Kraken! 09/Mar 1PM CST

[krakencoin]

Release the Kraken!
09/March 1PM CST
https://i.imgur.com/stmkSqK.png

www.krakencoin.com (not ready yet)

Technical Specifications:
SHA-256
Total Coins: 30 Million
Block Time: 9 seconds
Diffi retarget: Kimoto's Gravity Well

Creation Rate

|Year|	|Block Reward|	|Coins|
1	2	7,008,000
2	1	3,504,000
3	0.5	1,752,000
4	1	7,008,000
5	0.5	1,752,000
6	1	7,008,000
7	0.5	1,752,000
8	1	7,008,000
9	0.5	1,752,000
10	1	876,000
11	0.5	438,000
12	0.0625	876,000
13	0.03125	109,500

https://i.imgur.com/vmEl8Hk.png


Release the Kraken!
09/Mar 1PM CST



http://www.villainsrecords.com/wp-content/uploads/2013/12/release-the-kraken.jpg

[lolcoind]

pool

[moko666]

Looks interesting. I'll mine it

[Neotox]

i love asic coins

[Adamlm]

9 sec. a block is insane, it's not enough to properly secure this coin, there will be too many forks and orphans. Fail.

[krakencoin]

9 sec. a block is insane, it's not enough to properly secure this coin, there will be too many forks and orphans. Fail.

So basically what you are saying is that Fastcoin, which was released more than 6 months ago and doesn't has KGW,  doesn't work correctly?
That's what you're saying?

[oue.st]

How much will you pre-mine ?

[mine2slow]

Well?

[sacskate]

KGW is not meant for new coins, it raises the diff far to fast. Take it out until the coin is already established. Why do devs not pay attention to other coins? It has not worked well on new coins. Besides that BCX claims there is an exploit in KGW that makes the time warp exploit a threat again.

[mine2slow]

Launch is go or no go?

[ralexvalex]

I would say Dev's not AVAIL. LOL. Another mtpoop here.

[Surfactant]