[ANN] SevenCoin [Very Rare][SHA256][OLD ASIC][SOLO MINING][NO Pools][BOUNTIES]

[raskul]

Block rewards are indivisible.

So are the transactions presumably?

So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins

You have little and confused ideas the block reward is indivisible because it's of one satoshi.

Again.. so how do you get 1% premine?

I will get it from the totally amount.  

The Total 1% amount of 7 indivisible coins?

lol

it's astounding what people buy into huh 

[Nthused]

Still an interesting Sha-256 coin, Kinda Dogey OP though.

[workminer]

no wallet

[RENDERING]

I don't get it. Please explain.

If the blocks are indivisible does that mean only 7 lucky people will end up with a block of 1? So say 30 people are mining then you would not get any reward for all your time unless you get lucky and hit a block with 1 coin in it?

I just do not get it. Feels like I would be wasting my time?

[djm34]

from the "LAUNCH on 11/06/2014 at 14:00 GMT" but no wallet.

Am I living in the future ?

[kingscrown]

decent idea. added this coin to my june 2014 report - http://fuk.io/june-2014-report-best-altcoins-and-cryptocoins-to-mine-and-invest-in-right-now/
the blog has 1300+ email subscribers and loads of nonsubscribed readers.


when is the launch so i can get the bounty?

[Darkhand]

• The idea of pool resistance due to indivisible block rewards is novel, I'll give you that one.
• The rarity isn't really there, 42 coin did something similar in that regard.  Technically there will be 700 million 'coins'.
• No TX fees allows people to DDoS the chain with spam, even a 1 satoshi fee would prevent that but it's tough when that's a whole block reward.
• Where's the wallet??

[SevenCoin]

I'm sorry guys, Yesterday I've crash my car and goin to the hospital. Nothing bad, but check myself, talk with police and more and I've lost all day.

I move the lunch on monday 16/06 at 19 GMT.

• The idea of pool resistance due to indivisible block rewards is novel, I'll give you that one.
• The rarity isn't really there, 42 coin did something similar in that regard.  Technically there will be 700 million 'coins'.
• No TX fees allows people to DDoS the chain with spam, even a 1 satoshi fee would prevent that but it's tough when that's a whole block reward.
• Where's the wallet??

1. thank you

2. it's true. but if you calc like this, you have to do it for all coins too. Bitcoin is 21Milions * 10 Milions of satoshis (Totally 210Milions of coins)

3. true, but who will spam the network with a full block reward ? We will see how much value will be one sat of SevenCoin. I'm sure people will like more to hold this then use for spam.


monday 16/06 at 21 GMT. Sorry

[SevenCoin]

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https://bitcointalk.org/index.php?topic=652329.0