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Author Topic: [ANN] Cinni | Mandatory: Convert your Cinni to Stakecoin. Instuctions posted.  (Read 739043 times)
Philll90
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April 16, 2014, 06:50:47 PM
 #61

I don't understand the purpose of the hashes Huh
Could somebody explain to me for what they are good?

And how is this distribution fair?
I could easily exploit the distribution by creating multiple accounts on ecoiner with different hashes. If it's really that simply to exploit this coin, it isn't fair at all and it'll fail.
Or do I oversee something?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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TheMightyX
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April 16, 2014, 06:58:29 PM
 #62



40,000 coins each for the first 100 people , then 17,500 each for the 100 after, then 5000 coins for the 100 people after them, then 4000 coins for the 1000 people after them, then 1750 coins for the 1000 people after, then 500 for the 1000 after that. that would be a total of 15 million.


These distribution terms are seriously unfair and poorly thought out.

Maybe you underestimated how many people would like to get in on this?
How is it some people get 40,000 coins, and within the same day, less than 4 hours later people are only going to get 5,000 coins?

Do you really think that is fair?

That those people just happened to see this thread an hour or two before someone else and they should be rewarded 8x as much?

Please rethink your distribution if you want this project to succeed.
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April 16, 2014, 07:01:13 PM
 #63

I don't understand the purpose of the hashes Huh
Could somebody explain to me for what they are good?

They are like your own secret password.

to prove you can create that hash again you will most likely have to provide the first hash used to create it.
Philll90
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April 16, 2014, 07:13:12 PM
 #64

I don't understand the purpose of the hashes Huh
Could somebody explain to me for what they are good?

They are like your own secret password.

to prove you can create that hash again you will most likely have to provide the first hash used to create it.


Okay, thanks Smiley
But what advantage have the hashes for the distribution?
Philll90
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April 16, 2014, 07:20:03 PM
 #65



40,000 coins each for the first 100 people , then 17,500 each for the 100 after, then 5000 coins for the 100 people after them, then 4000 coins for the 1000 people after them, then 1750 coins for the 1000 people after, then 500 for the 1000 after that. that would be a total of 15 million.


These distribution terms are seriously unfair and poorly thought out.

Maybe you underestimated how many people would like to get in on this?
How is it some people get 40,000 coins, and within the same day, less than 4 hours later people are only going to get 5,000 coins?

Do you really think that is fair?

That those people just happened to see this thread an hour or two before someone else and they should be rewarded 8x as much?

Please rethink your distribution if you want this project to succeed.

+1000


and also this
And how is this distribution fair?
I could easily exploit the distribution by creating multiple accounts on ecoiner with different hashes. If it's really that simply to exploit this coin, it isn't fair at all and it'll fail.
Or do I oversee something?
ljp7839008
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April 16, 2014, 07:46:26 PM
 #66

hashes would have to be posed again on the new forum for the distribution

also what do you guys think about a logo that looks something like this:



distribution for the coin will be on ecoiner in 1 hour
i will put the link here.
Why not use the  list of newcn provides ,so that you will be fair。
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April 16, 2014, 08:21:39 PM
 #67



40,000 coins each for the first 100 people , then 17,500 each for the 100 after, then 5000 coins for the 100 people after them, then 4000 coins for the 1000 people after them, then 1750 coins for the 1000 people after, then 500 for the 1000 after that. that would be a total of 15 million.


These distribution terms are seriously unfair and poorly thought out.

Maybe you underestimated how many people would like to get in on this?
How is it some people get 40,000 coins, and within the same day, less than 4 hours later people are only going to get 5,000 coins?

Do you really think that is fair?

That those people just happened to see this thread an hour or two before someone else and they should be rewarded 8x as much?

Please rethink your distribution if you want this project to succeed.


DEV could have improved over Faircoin and COMMcoin experience...but NO..  he managed to create an UNFAIR (not the same number of coins to all users) and prone to be ABUSED system.

I signed up on the original, now deleted, thread but I´m not going to bother do it again.

However best of luck to this coin ..and NO..I'm  not being CINNIcal   Grin
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April 16, 2014, 09:55:49 PM
Last edit: April 16, 2014, 10:29:03 PM by DontPanic_42
 #68


Okay, thanks Smiley
But what advantage have the hashes for the distribution?

I presume its like this.
You have posted your second hash. Its like a public key.
You will keep the secret phrase your secret the hole process. Thats your private key.
Later, when the dev plans to distributes the coins,  he asks you to send him your first hash.
With that he can generate your second hash and confirm you are the owner of the hash you postet before.
So nobody else can claim your coins.

Please correct me if I am completly wrong    

And please excuse my probably bad english   Grin

BetaNEM: TDHJCC-EDXVEM-CLENVM-RHCGPG-I2PG2P-3MJWDX-ZMHN
newcn
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April 16, 2014, 11:52:56 PM
 #69


Okay, thanks Smiley
But what advantage have the hashes for the distribution?

I presume its like this.
You have posted your second hash. Its like a public key.
You will keep the secret phrase your secret the hole process. Thats your private key.
Later, when the dev plans to distributes the coins,  he asks you to send him your first hash.
With that he can generate your second hash and confirm you are the owner of the hash you postet before.
So nobody else can claim your coins.

Please correct me if I am completly wrong    

And please excuse my probably bad english   Grin

do not send your first hash to anyone, that's your private key!

BTC:1NzzfeHCgN8fF6mSG1UeBFCVd2cxKbGyHk
NXT:13187911577562526278
numnutz2005
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April 17, 2014, 02:19:19 AM
 #70

"even if you posted before they deleted the bitcointalk thread you must post again on ecoiner."
Ecoiner thread  is distribution of COINS? If this is the case, those who first find COINS in the old thread and reply , how they do?
Now name list is the old thread, it will be meaningless right?

Yes, I am in the list on page 4, thanks


barkermn01
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April 17, 2014, 02:53:04 AM
 #71

"even if you posted before they deleted the bitcointalk thread you must post again on ecoiner."
Ecoiner thread  is distribution of COINS? If this is the case, those who first find COINS in the old thread and reply , how they do?
Now name list is the old thread, it will be meaningless right?


I think deve will have a way , don't worry.

syntek
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April 17, 2014, 03:10:35 AM
 #72

HAVE  a list of shares it?
bitKnife
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April 17, 2014, 03:24:22 AM
 #73

what's going on about ecoiner.org?!
only 12 members online, but always response "system too busy......"
JamesOng
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April 17, 2014, 05:32:06 AM
Last edit: April 17, 2014, 06:06:52 AM by JamesOng
 #74

this distribution is just a dilution with end up dev keep himself the major stakes.
lets make a sum

40000*100             4mil
17500*100             1.75mil
5000*100               0.5mil
4000*1000             4mil
1750*1000             1.75mil
500*1000               0.5mil
------------------------------------
total                      12.5mil



dev keep himself for 2.5mil.....>16.6% of total supply

don`t say that you need that much for bounty blahblahblah....thats bs!
and btw..since only 10000 available for POS minting/wallet....wtf you giveaway to first 100 ppl with 40000 for?
greenmoon
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April 17, 2014, 06:31:36 AM
 #75

Yesterday, I went into the post, there are my name list. Now I Go to ecoiner,but always response "system too busy......"
So my chance didn't??

CinniCoin (OP)
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April 17, 2014, 06:41:35 AM
Last edit: April 17, 2014, 08:38:24 AM by CinniCoin
 #76

 if not enough people claim all the coins, then just the coins that were claimed will be included in the genesis block, the rest will not exist.

DON'T INVOLVE ME IN EVIL NAMES. BYE
CinniCoin (OP)
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April 17, 2014, 06:50:04 AM
 #77

if anyone thinks the distribution has something which is not fair please make suggestions to changes that will make it fair.

DON'T INVOLVE ME IN EVIL NAMES. BYE
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April 17, 2014, 07:11:40 AM
 #78

if anyone thinks the distribution has something which is not fair please make suggestions to changes that will make it fair.


the one who applyed in the locked thread need to do it again?
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April 17, 2014, 07:31:46 AM
 #79

but, what about the hashes allready posted in the previous thread?
I downloaded 1-9 pages
the following are some of them(due to a bug in my script, not all the hashes are displayed here):
Code:

I'm in list! should I post my hash again?

I am not in.I think I maybe in 4 page.

you are in page 6
the following are ppl with hash not well formatted(length!=64):
Code:
ce9195035e6ac9e93e07b244093f9ceceb39be84c726644ae64ba9443de7efac10 3 geyu
bc1427d26599a17c4e93817d7c454ecb4ea100934d584d4b0e17ab6ec901a579e4 3 jioy
14099774c4c0dd781773d1ac4fee482fa920c49fec15405671e07105cdf43b957 4 utclover
e34dcad91364db1e9ac067f3bed2574240e6e49d22f288d65c4c40724964e8917 5 cwmm1348
cc50ef37c799559bcfc7dadd85461a87e3f32bc87e136c80a07767d4680d0d46B 5 creativecuriosity
e9d5e017997d0ba588e13808aaa1bf0d8e6980d6643799b28b5cca13bdb3c5e2c 6 Andy_1900
cceed1cf8b28d33b9a1ff4c2732cedfb7513e72b404b02159a157797aa3d47185f697 6 qiuzhixin15
ecb9a18858c7623ac74e91b5ca6c1e5c27450123661885a68b51a774e2c45c244 7 airtreb
eae840d121718c3869125a18ce3434bade06c84e44b2c6ff538e658535d169b3c 9 yshuifejng
eddf8199012213b17a6c2b635e7385bbdea4de731af9c80a564d421f7e4a3ac2a7 9 miaogsh
hi i am in the list i was one of the first 50 people or so but now since moved more are in front of me we need to do something that is fair for people first 100 here and ecoiner
CinniCoin (OP)
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April 17, 2014, 07:34:01 AM
 #80

that bitcointalk thread was deleted by a mod so i dont have the complete list.

do you think i should make the distribution more even and  include them?
for example 750 get each 20,000
and the list of the old thread are included
its up to you guys to decide

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