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Author Topic: [ANN][GMC]GammaCoin - A Month Long Experiment! [02/04/2014]  (Read 7259 times)
nuggetbram
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March 27, 2014, 12:17:56 PM
 #1


GammaCoin

Specifications:

2.5 Minute block times - It works for Litecoin and helps later on
Block reward of 100 Coins - Not ridiculous like most of today's coins
Difficulty retarget every block
Max coin supply: ~1,700,000 - This is where the interesting bit comes in. This is one month's worth of coins
Algo is Scrypt

I hate to be that dev, but the windows wallet is broken, and the release will be postponed until further notice

Unless Someone offers to help, I probably wont release the coin. The windows wallet is painful, and there isn't really a huge amount of support for the coin...
[/size]




This coin has no long term plans such as many of those around today, they will inevitably be (or already have been) completely abandoned. We've never really seen what happens when a coin winds up normally, so this is essentially a test of that. One month is long enough to push through the initial stage where miners dump everything they make and move on. Will that happen normally, or will the coin live a bit longer? That is the question!

IPO

I generally disagree with the standard form of IPOs, but having almost completed the coin I have realized it does take a bit more money than would be expected. If anyone wants to donate, go ahead! What I would prefer though if people were to contact exchanges or pools they have dealt with previously etc, therefore giving the coin a good start, which is better for you! If anyone wants to help, you could even submit some hashing power on behalf of the coin - tell me if you're interested!

~0.25% Premine, used to pay for a couple of VPSs, one for testing and one as a node to start with.

Official Pool is Sumpool, awaiting upload...

BTC DONATION ADDRESS:154AcNQ2CSJw5du3Xd9cAXWdu6f5AA3jaB

At this stage the release date will be 02/04/2014 Wednesday 2nd of April, 8:00AM GMT. (7pm AEST if you're an Aussie like me Smiley )

Thanks for looking at GammaCoin!


Click HERE for free totally legit free money!
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Travis202
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March 27, 2014, 12:20:43 PM
 #2

Sounds intresting,I'm in,look forward to seeing how it all works out Smiley
DeltaQuebec
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March 27, 2014, 12:43:29 PM
 #3

Algo: Scrypt = Not Interested Have fun.
[/b]
nuggetbram
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March 27, 2014, 08:28:19 PM
 #4

Is the timing good for you? I honestly have no idea where the bulk of users live, so I just chose a time that suited me easily. I'll be happy to change it if it's 2 in the morning or something like that for most people Smiley

Click HERE for free totally legit free money!
sumpool
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March 29, 2014, 05:45:40 PM
 #5

pool Cheesy
TequilaV
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March 29, 2014, 05:55:06 PM
 #6

 :owoooow.another.new coin however I think the introduction of this coin is a little bit simple I want to know what is the interest about it and what is its innovation
afong9
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March 29, 2014, 05:57:40 PM
 #7

I need to know is how much money the lowest value coin
Please give the miners a protection scheme
nuggetbram
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March 29, 2014, 09:56:24 PM
 #8

I need to know is how much money the lowest value coin
Please give the miners a protection scheme

I can't really do that, as this coin is entirely experimental. I have absolutely no idea which way it will go, though I think it will be mostly luck + timing. You might be lucky, jump in and get a ton early, and wait for the price to rise as coins run out, or the price may be excellent then collapse after a few days... Who knows?

That's why this coin is here. To give us a scaled model of what happens when a coin runs out of supply, and stops inflating. In the real world, that would mean a price increase, but as a crypto-currency it might do anything.



Thanks for your interest!

Click HERE for free totally legit free money!
Hundsstern
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March 30, 2014, 03:50:53 PM
 #9


http://crycoco.de
casacup
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March 30, 2014, 08:31:52 PM
 #10

any bounty for an italian translation?

Tip address: 1GYTY2pW98LWPtv5Zq5HmvZBRpZoadwetw
nuggetbram
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March 31, 2014, 10:27:49 AM
 #11

any bounty for an italian translation?

At this stage I'm not hugely interested, but if the coin picks up then I'd be happy to start translations!

Click HERE for free totally legit free money!
casacup
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March 31, 2014, 10:59:59 AM
 #12

Ok, let me know via PM if the situation change. Good luck!

Tip address: 1GYTY2pW98LWPtv5Zq5HmvZBRpZoadwetw
Dallas5
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April 01, 2014, 09:03:08 PM
 #13

I need to know is how much money the lowest value coin
Please give the miners a protection scheme

That's impossible to promise, who knows it might be 300 satoshi or only 10 litoshi. Don't trust people who say their coin will be at least ... the market will decide the value.

Painful Truth
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April 01, 2014, 09:12:02 PM
 #14

release still this wed? or wallet still broken?  Huh
nuggetbram
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April 02, 2014, 12:16:43 AM
 #15

release still this wed? or wallet still broken?  Huh

It turns out the wallet only worked on my computer, and I'm still working on it (Its painfully bad Tongue)

Hopefully should be out Saturday morning, which is probably more convenient for most people.

Click HERE for free totally legit free money!
ShadowOfScales
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April 05, 2014, 07:01:05 AM
 #16

are we released?
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