xploreredfusion (OP)
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March 28, 2014, 08:02:49 PM Last edit: May 06, 2014, 11:25:56 AM by xploreredfusion |
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A social Coin. Your choice, our work BLOCKEXPLORER (thanks to KaTXi) http://mmostories.com/blockexplorer/DEVELOPMENT PLANS HERE Any pool, exchange, miner, and everyone who wants info or want to join on our your project please contact us with PM or email: info@giarcoin.com. Thank you for your support, and please vote about this coin on Mintpal/CryptoAltex as well donate some GiarCoin/Bitcoin to keep up this project alive. Algorithm: Adaptive N-Factor Scrypt. Block Reward: 50 GIARCOC. First 200 Blocks: 5 GIARCOC. Block Time: 1 min. KGW: After mined 180 blocks. Premine: NO Ports: default Port 55984 default RPC port 55983 Max amount: 50000000 Subsidy halves in 420,000 blocks[/list]
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ClutchThese
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March 28, 2014, 08:05:34 PM |
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At least all the pre ann stats are good!
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Signature for Rent - PM if Interested
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DeltaQuebec
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March 28, 2014, 08:07:51 PM |
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May I suggest a 'rolling' launch, say the 1st 100-300 blocks only have a small reward, then KGW & actual rewards kick in.This has been done a few times with great results.
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cryptowho
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March 28, 2014, 08:23:40 PM Last edit: March 28, 2014, 08:33:57 PM by cryptowho |
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early adapter need some reward. why would people mine this when hey will get no payout
Edit: don't we have enough coins out already? there is no need to this
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looking for C++ coders , web-dev and coin-devs to join karmacoin team. We are trying to expand. we have so many goals. Challenge accepted? PM me.
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Liudehua2014
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Merit: 10
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March 28, 2014, 08:27:27 PM |
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early adapter need some reward. why would people mine this when hey will get no payout
No. It's not true that early adapter need reward. It's just whales with hundreds mega hash power wanting to instamine it and dump it and ruin it. Nothing else. Most of altcoins have been ruined like this.
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Amph
Legendary
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Activity: 3248
Merit: 1070
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March 28, 2014, 08:28:16 PM |
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early adapter need some reward. why would people mine this when hey will get no payout
this antiinstamine isn't that good as you think, in this way you are only giving more to the whale miners fair distribution based on hash isn't fair at all, fair mean everyone should have the same whoever comes first should get more coin, bitcoin was the same, first came first serve early adapter need some reward. why would people mine this when hey will get no payout
No. It's not true that early adapter need reward. It's just whales with hundreds mega hash power wanting to instamine it and dump it and ruin it. Nothing else. Most of altcoins have been ruined like this. then you are just saying "small miner go fuck yourself, you won't get anything here" someone said that he want to create a coin that limit the power, i hope one day this become true, tired of all those with 300 280x that kill every coin
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DeltaQuebec
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March 28, 2014, 08:31:54 PM |
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early adapter need some reward. why would people mine this when hey will get no payout
If there is any quantitive amount of interest in the coin from large pools, it will instantly be not solo-mineable. If the coin does not gain attention & interest pre-launch, then there may be no need for the low initial rewards. Thats to be determined I suppose. Depending on the reward & block timing structure, a few 100 blocks could be rifled threw in a matter of a few minutes. A rolling start is good for a few things: 1) It prevents Shady pools with source code's that start earlier than everyone else (usually only seen when a coin is also to be launched on a trading market at the same time ) 2) It allows every one to get onboard, and not mis out and when actual rewards & KGW kick in, its fair for everyone. I'm sure theres other reasons that are pretty obvious too.
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DeltaQuebec
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March 28, 2014, 08:33:09 PM |
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early adapter need some reward. why would people mine this when hey will get no payout
No. It's not true that early adapter need reward. It's just whales with hundreds mega hash power wanting to instamine it and dump it and ruin it. Nothing else. Most of altcoins have been ruined like this. You cant dump a coin that isnt available for trade on a market at launch.
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cryptowho
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Ask me about Karmacoin
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March 28, 2014, 08:45:45 PM |
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early adapter need some reward. why would people mine this when hey will get no payout
No. It's not true that early adapter need reward. It's just whales with hundreds mega hash power wanting to instamine it and dump it and ruin it. Nothing else. Most of altcoins have been ruined like this. You are partially right. it's a double edge sword. Because the pump and dumps have gained so much publicity and shown profitable a lot of big whales practice this. but you logic fails when you are trying to compare it to a low reward lunch. because a big whale with 30 mhs rig going agains yours of 400 khs rigs will always be true. even at difficulty 1. those will eat through the blocks while you miserably mine 1 block. if you even get a chance. if you switch to adaptive n and kimoto the amount of block finding rates compare to yours are still the same. it will always be an equal rate. Now , would you sit there mine this coin if it will mean that from the begging it will be 1 coin per block. for 200 blocks. then you will barely get 300 coins a day. While going against big whales? especially when this coin offers nothing to show more then a 1 day pump and dump race to the exchange. Sorry. but you can do any kind of optimization to the difficulty. but it will never work. because its is not about "fair" lunch anymore. No one cares about these coins futures. they never did. it is all about who can dump on the exchange first now.
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looking for C++ coders , web-dev and coin-devs to join karmacoin team. We are trying to expand. we have so many goals. Challenge accepted? PM me.
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DeltaQuebec
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March 28, 2014, 08:50:06 PM |
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early adapter need some reward. why would people mine this when hey will get no payout
No. It's not true that early adapter need reward. It's just whales with hundreds mega hash power wanting to instamine it and dump it and ruin it. Nothing else. Most of altcoins have been ruined like this. You cant dump a coin that isnt available for trade on a market at launch. ^^^^
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Painful Truth
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March 28, 2014, 08:51:00 PM |
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"your choice, our work" Thats the way to go! +1 for rolling launch
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maject
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March 29, 2014, 01:19:07 AM |
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Launch date?
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xploreredfusion (OP)
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March 29, 2014, 11:46:22 AM |
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Launch date?
April! More info coming soon
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sudukkk
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March 29, 2014, 12:00:48 PM |
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Well, I see you got lots of coins information statistics And show them through graphically This is very good, well done Stick out a mile is very intuitive I think I will love no premine coins But the coins need money to promotion For example: Usually need some BTC to help the coin trade on large trading platform just like Mintpal.
I think GIARCOIN will be a great project.
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xploreredfusion (OP)
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March 29, 2014, 07:01:34 PM |
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Well, I see you got lots of coins information statistics And show them through graphically This is very good, well done Stick out a mile is very intuitive I think I will love no premine coins But the coins need money to promotion For example: Usually need some BTC to help the coin trade on large trading platform just like Mintpal.
I think GIARCOIN will be a great project.
Thank you for your feedback
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xploreredfusion (OP)
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March 30, 2014, 04:13:56 AM |
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ALMOST READY!!!!!!!!!!!!!!!!!!!!Block reward: 50 GIARCOCFirst 200 blocks: 5 GIARCOC (To prevent insta-mining) Blocktime: 1 min KGW start at 180.
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seandaniel
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March 30, 2014, 04:31:47 AM |
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what exact timezone for launching?
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