Conqueror
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Activity: 1354
Merit: 1020
I was diagnosed with brain parasite
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June 04, 2014, 12:22:13 PM |
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And the exchange service will be happening over +- a month. Coins that are not exchanged will be destroyed and we will release the numbers on this when we do it.
For long term "buy and forgett for years" investors, this is like "fuck you idiots"  I feel sorry for every single one of them who don't check this forum regulary and will loose all their coins.... |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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piggycoin (OP)
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June 04, 2014, 12:57:34 PM |
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And the exchange service will be happening over +- a month. Coins that are not exchanged will be destroyed and we will release the numbers on this when we do it.
For long term "buy and forgett for years" investors, this is like "fuck you idiots" I feel sorry for every single one of them who don't check this forum regulary and will loose all their coins.... Would you prefer to keep the exchange service running for more time? What would be the perfect duration? |
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ebliever
Legendary
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Activity: 1708
Merit: 1035
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June 04, 2014, 01:58:17 PM |
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Is there a way to make sure everyone holding PIG is informed? Not just with warning messages at the exchanges, but maybe a message somehow sent to the wallets? I tend to agree that some portion of PIG holders are just sitting on them and not checking in places like this very often. What you may want to do, at least, is not do the coin destruction until the remaining coins drops below a certain very low threshold.
In other words, if you hit your planned destroy date and 10% are still unexchanged, please don't go destroy them all. If it was .1% that would be one thing, but destroying a large chunk would be unconscionable.
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Luke 12:15-21
Ephesians 2:8-9
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dreamboy
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June 04, 2014, 02:10:01 PM |
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Excited to see the new release!
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Conqueror
Legendary
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Activity: 1354
Merit: 1020
I was diagnosed with brain parasite
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June 04, 2014, 04:46:08 PM |
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And the exchange service will be happening over +- a month. Coins that are not exchanged will be destroyed and we will release the numbers on this when we do it.
For long term "buy and forgett for years" investors, this is like "fuck you idiots" I feel sorry for every single one of them who don't check this forum regulary and will loose all their coins.... Would you prefer to keep the exchange service running for more time? What would be the perfect duration? I will exchange my coins as soon as possible, but seriously there might be a lot of people who miss it.... Perfect duration will be forever. Perfect solution will be automated in-wallet exchange. I know we do not live in ideal world. But please make it at least 2 months, 1month is to short. Also in wallet warnings would be nice. |
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chisefu
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June 04, 2014, 11:18:00 PM |
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PiggyDev I'm not sure if you have the new coin already coded and good to go, but the x11 algorithm is already on massive Chinese multipools. The x13 variety seem to have more 'organic' hashrate, be it from lack of rentals and general knowledge. I don't mean to be picky, but 5 things come to my attention here:
1) 7 days POW phase is going to be a LOT of coins dumped in a short amount of time.
2) X11 algo is going to instantly mean ipominer, rentals et all put 50gh/s+ on the coin and poloni won't be able to handle the dumpfest.
3) The word about this isn't getting out like Piggy Week did, we should put up a banner on coinmarketcap and coinwarz.
4) We haven't reached out to enough pools yet. When the good pools like Dedicated and Suchpool pre-register for a coin, they have about 30mh/s combined of followers that will provide 'word of mouth' advertising on IRC which will greatly ramp up the excitement.
5) Poloni isn't a bad exchange, but getting on Mintpal through the voting system requires effort that no one will ever give. The best way to get on that exchange is to simply start a pump.
Anyways, really looking forward to this we've put quite a bit of effort into Piggy since launch. No where near as much as Mr PiggyDev, but more than we usually put into any coin we host. I'll try to round up some pools right now.
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bumblebee101
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June 05, 2014, 01:04:01 AM |
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1) 7 days POW phase is going to be a LOT of coins dumped in a short amount of time.
I have to agree about this. Pandacoin (PND) had several months of POW before going POS which I believe makes the distribution much more fair. |
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greentea
Legendary
Offline
Activity: 1418
Merit: 1002
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June 05, 2014, 03:57:08 AM |
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PiggyDev I'm not sure if you have the new coin already coded and good to go, but the x11 algorithm is already on massive Chinese multipools. The x13 variety seem to have more 'organic' hashrate, be it from lack of rentals and general knowledge. I don't mean to be picky, but 5 things come to my attention here:
1) 7 days POW phase is going to be a LOT of coins dumped in a short amount of time.
2) X11 algo is going to instantly mean ipominer, rentals et all put 50gh/s+ on the coin and poloni won't be able to handle the dumpfest.
3) The word about this isn't getting out like Piggy Week did, we should put up a banner on coinmarketcap and coinwarz.
4) We haven't reached out to enough pools yet. When the good pools like Dedicated and Suchpool pre-register for a coin, they have about 30mh/s combined of followers that will provide 'word of mouth' advertising on IRC which will greatly ramp up the excitement.
5) Poloni isn't a bad exchange, but getting on Mintpal through the voting system requires effort that no one will ever give. The best way to get on that exchange is to simply start a pump.
Anyways, really looking forward to this we've put quite a bit of effort into Piggy since launch. No where near as much as Mr PiggyDev, but more than we usually put into any coin we host. I'll try to round up some pools right now.
With the short POW phase it could go either way ... Blackcoin only had about 7 days of mining and look at how it caught on. On the otherhand, if all the multi-pools just mined and dumped how low will it go? I agree getting on Mintpal would be golden, Poloniex really doesnt cut it. |
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piggycoin (OP)
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June 05, 2014, 07:27:49 AM
Last edit: June 05, 2014, 09:07:52 AM by piggycoin |
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PiggyDev I'm not sure if you have the new coin already coded and good to go, but the x11 algorithm is already on massive Chinese multipools. The x13 variety seem to have more 'organic' hashrate, be it from lack of rentals and general knowledge. I don't mean to be picky, but 5 things come to my attention here:
1) 7 days POW phase is going to be a LOT of coins dumped in a short amount of time.
2) X11 algo is going to instantly mean ipominer, rentals et all put 50gh/s+ on the coin and poloni won't be able to handle the dumpfest.
3) The word about this isn't getting out like Piggy Week did, we should put up a banner on coinmarketcap and coinwarz.
4) We haven't reached out to enough pools yet. When the good pools like Dedicated and Suchpool pre-register for a coin, they have about 30mh/s combined of followers that will provide 'word of mouth' advertising on IRC which will greatly ramp up the excitement.
5) Poloni isn't a bad exchange, but getting on Mintpal through the voting system requires effort that no one will ever give. The best way to get on that exchange is to simply start a pump.
Anyways, really looking forward to this we've put quite a bit of effort into Piggy since launch. No where near as much as Mr PiggyDev, but more than we usually put into any coin we host. I'll try to round up some pools right now.
I have the coin coded, i'm only doing the branding atm but I can try to implement x13. I thought about that but some people said it wasnt a good idea, the most important being coinking.io saying that they don't support x13 yet. 1) I've been seeing a lot of coins doing it this way and reaching success, that's why I choose 7 days. 2) If there is a consensus I think I can still implement x13 if you guys want. 3) I will start hyping a little closer to the launch, this is where the community can help too  4) I can also do this, I just have to finish off the coin (and implementing x13 if you guys want) 5) I can't help with this, I'm not a big market guy and my rule is let it run as the market wishes. EDIT: I talked yo the coinking.io guys and they are adding x13 atm! Is this something we all agree on or should I make a vote? |
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ebliever
Legendary
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Activity: 1708
Merit: 1035
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June 05, 2014, 12:24:41 PM |
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Make it a vote if you want, but I think it's too late unless you want to annoy people. I doubt X13 would win. Few people have picked up on mining X13 yet, having shifted to X11 in the past month. I know I'm not eager to go through all the time and fuss of optimizing my settings on yet another algorithm. For one thing it's hard to find time to do so between leases so with this launch being just a few days away I'd say X13 would make it unlikely I'd be mining it. Which is too bad, I was looking forward to it.
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Luke 12:15-21
Ephesians 2:8-9
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Daanlt
Member
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Activity: 93
Merit: 10
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June 05, 2014, 01:00:56 PM |
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Stay with X11, dont change what you have announced. Its looks bad when you cant decide what to chose
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piggycoin (OP)
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June 05, 2014, 01:09:46 PM |
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Stay with X11, dont change what you have announced. Its looks bad when you cant decide what to chose
I'd love to have an idea of what the majority of the people want, since this is their coin. Not mine. Vote started in here: x11 vs x13 |
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mojpoj
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June 05, 2014, 01:47:07 PM |
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Question about the pre-mined piggies.
Since you cut the supply by 75% are you cutting (destroying) your pre-mined coins by 75%?
If not, you're pre-mined coins (may) have just gotten a little more valuable.
I see the cynical people shining a negative light on that.
91% in favor of X11 out of 11 voters so far.
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piggycoin (OP)
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June 05, 2014, 01:52:07 PM |
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Question about the pre-mined piggies.
Since you cut the supply by 75% are you cutting (destroying) your pre-mined coins by 75%?
If not, you're pre-mined coins (may) have just gotten a little more valuable.
I see the cynical people shining a negative light on that.
91% in favor of X11 out of 11 voters so far.
https://www.youtube.com/watch?v=eper21IB9KMThere you go, posted a week ago 1.25M are foundation piggycoins we avoid to have in the foundation hotwallet. |
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bumblebee101
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June 05, 2014, 05:57:25 PM |
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Question about the pre-mined piggies.
Since you cut the supply by 75% are you cutting (destroying) your pre-mined coins by 75%?
If not, you're pre-mined coins (may) have just gotten a little more valuable.
I see the cynical people shining a negative light on that.
91% in favor of X11 out of 11 voters so far.
https://www.youtube.com/watch?v=eper21IB9KMThere you go, posted a week ago 1.25M are foundation piggycoins we avoid to have in the foundation hotwallet. Haha! That was awesome |
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novaboy2k
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June 05, 2014, 06:02:32 PM |
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Question about the pre-mined piggies.
Since you cut the supply by 75% are you cutting (destroying) your pre-mined coins by 75%?
If not, you're pre-mined coins (may) have just gotten a little more valuable.
I see the cynical people shining a negative light on that.
91% in favor of X11 out of 11 voters so far.
https://www.youtube.com/watch?v=eper21IB9KMThere you go, posted a week ago 1.25M are foundation piggycoins we avoid to have in the foundation hotwallet. HAHA f'in funny! Good to see you do this Piggy! Edit: Is there a current richlist for piggy? Found it http://chainz.cryptoid.info/pig/#!rich |
Darkcoin, the only fungible crypto currency.
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novaboy2k
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June 05, 2014, 07:00:33 PM |
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Does anyone know any easy to use reliable x11 mining rental sites?
I'm looking to mine this coin throughout the POS period.
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Darkcoin, the only fungible crypto currency.
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ebliever
Legendary
Offline
Activity: 1708
Merit: 1035
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June 06, 2014, 02:08:06 AM |
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Does anyone know any easy to use reliable x11 mining rental sites?
I'm looking to mine this coin throughout the POS period.
Yes, Leaserig.net has a section of X11 miners. We have around 60 there right now. Be sure to check out Strongminer there, hint, hint.  (You won't see it right now unless you hit the Display All Rigs link as it's on a 72 hour lease at the moment.) |
Luke 12:15-21
Ephesians 2:8-9
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novaboy2k
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June 06, 2014, 09:42:58 AM |
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Does anyone know any easy to use reliable x11 mining rental sites?
I'm looking to mine this coin throughout the POS period.
Yes, Leaserig.net has a section of X11 miners. We have around 60 there right now. Be sure to check out Strongminer there, hint, hint. (You won't see it right now unless you hit the Display All Rigs link as it's on a 72 hour lease at the moment.) Cool, thanks man! |
Darkcoin, the only fungible crypto currency.
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piggycoin (OP)
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June 06, 2014, 11:23:55 AM
Last edit: June 07, 2014, 08:56:08 AM by piggycoin |
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Daan Pool will be with us at launch. 
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