IMJim
Legendary
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Activity: 1260
Merit: 1000
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July 24, 2014, 07:12:14 PM |
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Just wanted to say a BIG thanks Jarvis, many haters and doubters these past several weeks but you came through regardless!
Those of us that were in the negative from the first launch owe you a debt of gratitude!!
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coolisbad
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July 24, 2014, 07:14:29 PM |
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Dear devs, Shame on you for not making it MORE OBVIOUS that the first 720 blocks were without reward. People wasted time and money because of this "overlook" of yours.Update 7-24-14 12:36 PM: Smooth Launch Miners please review block reward structure before renting. We are currently working with the exchanges and performing the coin swap, We will update everyone once this process is finalized. Please do not withdrawal your XHC from Poloniex until this process is completed and posted here. More developments to come, Stay Tuned! Update 7-24-14 3:06 AM: You should have already sent your coins to Poloniex Exchange as the Deadline has passed and the market will be frozen until launch. Please Delete your old Honorcoin wallet from your computer entirely including the Honorcoin directory located in your roaming folder! The wallet will be released before launch in 9 hours. July 24th at 12:00 PM EST NOON Update 7-23-14 3:20 AM: Furthermore, new investors that acquire honor coins at Poloniex, your coins will automatically be converted for you! Just leave the coins you purchased on Poloniex and download the new wallet when it is released on 7-24-14. After that you can safely withdraw your Honorcoin 2.0 coins to your upgraded wallet! Update 7-23-14 3:20 AM: Bittrex is on board and will restore Honor coin for the Community! They are no longer accepting new deposits. Everyone who has coins stored at Bittrex as of yesterday, your coins will be exchanged automatically for the new XHC at launch! If you still have Honor coins in your personal wallet, then get them to Poloniex as soon as possible before the old wallet/block chain becomes invalid. Deadline for the 1:1 exchange is 11:00PM EST on July 23rd! Update 7-22-14 11:07 PM: Please send your coins to Poloniex exchange no later then 11:00PM EST on July 23rd for the exchange! Restoring Honor! Honor Coin - (XHC) Launched July 24th, 2014 Honorcoin pools! New Windows Wallet New Mac Wallet: New GitHub Source - Password removed at launch Honorcoin.conf rpcport=54433 addnode=50.243.222.197 addnode=184.107.132.90 Block Explorers 5000 XHC Bounty - NEW LOGO DESIGN Winner !!Cryptocoinrank!!
Donations are much appreciated: BTC 17YkTT3MzxRsxtRJJyc4QQXbkpWa6VTGeP Bitcointalk Trustpoints are great as well +1 Even more so, contributions to the new development of HonorCoin Exchanges Honor Coin Development Team Updates 7/23/14 1:57 PM EST
We are currently finishing the Honorcoin Prospectus. What is a Prospectus you ask? "It is a usually a disclosure document that describes a financial investment for potential buyers. It commonly provides investors with material information such as a description of the company's business, financial statements, biographies of officers and directors, detailed information about their compensation and any other material information. A prospectus is distributed for current and potential investors.
Why not a white paper? A white paper is an authoritative report or guide helping readers understand an issue, solve a problem, or make a decision. White papers are used in two main spheres: government and business-to-business marketing. They may be considered as grey literature.
Investors deserve more. A real investment option for their portfolio, not just some marketing scheme. We are a real development team and will deliver real results that impress even the seasoned investor.
We feel that the current prices at the exchange will never be seen again. XHC exchange price is still undervalued and presents an opportunity for investors. For the Community! By the Community!
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hash77away
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July 24, 2014, 07:20:48 PM |
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Can someone explain what is the reason to be mined so much empty blocks, is it somehow related with shares?
There is no reason. The Dev now regret his mistake. It is a fair relaunch that hurts. Should've put it from 1 - 120 (0 reward) and then 121 - .... (reward). Yes! No regrets here. Remember that there is a coin swap taking place at Bittrex & Poloniex. We gave the exchanges ample time to successfully perform the swap for the community. They are responsible for many other business related duties and extra time was given in consideration. The Last thing we wanted was for the new XHC block rewards to get mixed up during the swap. No, first you should give the exchange time to finish the swap, then pick the time to launch with maybe the first 120 blocks empty.
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Dragon1134
Newbie
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Activity: 56
Merit: 0
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July 24, 2014, 07:22:47 PM |
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Your quoting the op, and yes I see its missing now but it was in the op before launch and also noted on Twitter, and please refrain from telling the DEV what to do so please just stop lol
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yugo23
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July 24, 2014, 07:23:21 PM |
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Should have read more carefully that first 720 wblocks are without reward. At least I pointed my rented miners to multipool to cover some of the costs. 720 does seem to much now that most people are quitting.
Everything else is absolutelly top notch, very smooth launch and coin I will be keeping my eye on.
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IMJim
Legendary
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Activity: 1260
Merit: 1000
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July 24, 2014, 07:24:32 PM |
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Am I missing something, I could swear I knew about this zero block ordeal for DAYS? Has this not been said MULTIPLE times throughout this thread AND posted in the OP? I don't read everything and have not followed this daily but I still knew this was going to happen. I understand those that rented and did not know may be upset, but is it really not your fault. Is it not how this works, YOU read the OP and the thread of the coin you are monitoring or investing in and make your OWN decisions based on what information is available to you in the thread and OP?
Is this not the purpose behind having a coin thread in the first place?
Come on people, this man pulled off a miracle for us and we ALL now have a chance to recoup our losses because of Jarvis's efforts, stop bitching about how he had to do that and show some fricken gratitude! People are something else sometimes!!
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jeffersonairplane
Legendary
Offline
Activity: 1522
Merit: 1000
www.bitkong.com
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July 24, 2014, 07:30:08 PM |
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Here we go
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coolisbad
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July 24, 2014, 07:30:51 PM |
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Should have read more carefully that first 720 wblocks are without reward. At least I pointed my rented miners to multipool to cover some of the costs. 720 does seem to much now that most people are quitting.
Everything else is absolutelly top notch, very smooth launch and coin I will be keeping my eye on.
I have actually pointed my rented miners at suchpool earlier today, long before launch, and then went on with my day's work. Then I've checked them this evening, only to see that all my rented hashes were wasted mining empty air, because I didn't read the fine print, conveniently "camouflaged" in a non-searchable, tl;dr raster image. That hurt. Well, at least everybody says it was a top notch launch. Only a small flaw: the thing that was launched was hot air.
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coolisbad
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July 24, 2014, 07:37:37 PM |
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So you didn't read the OP then?
So you didn't really read my complaint then, Mr. Fanboy?
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Dragon1134
Newbie
Offline
Activity: 56
Merit: 0
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July 24, 2014, 07:38:17 PM |
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So you didn't read the OP then?
So you didn't really read my complaint then, Mr. Fanboy? So you really didn't read the OP then? OK
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coolisbad
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July 24, 2014, 07:42:44 PM |
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So you didn't read the OP then?
So you didn't really read my complaint then, Mr. Fanboy? So you really didn't read the OP then? OK So you're ok with scamming by fine print, then? The gall of some people.
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gullu
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July 24, 2014, 07:43:07 PM |
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Should have read more carefully that first 720 wblocks are without reward. At least I pointed my rented miners to multipool to cover some of the costs. 720 does seem to much now that most people are quitting.
Everything else is absolutelly top notch, very smooth launch and coin I will be keeping my eye on.
I have actually pointed my rented miners at suchpool earlier today, long before launch, and then went on with my day's work. Then I've checked them this evening, only to see that all my rented hashes were wasted mining empty air, because I didn't read the fine print, conveniently "camouflaged" in a non-searchable, tl;dr raster image. That hurt. Well, at least everybody says it was a top notch launch. Only a small flaw: the thing that was launched was hot air. camouflaged? that is a bit of a stretch. i easily saw the reward structure. it really is in the beginning of the post. i had no problem reading the following. Update 7-23-14 3:20 AM: Bittrex is on board and will restore Honor coin for the Community! They are no longer accepting new deposits. Everyone who has coins stored at Bittrex as of yesterday, your coins will be exchanged automatically for the new XHC at launch! If you still have Honor coins in your personal wallet, then get them to Poloniex as soon as possible before the old wallet/block chain becomes invalid. Deadline for the 1:1 exchange is 11:00PM EST on July 23rd! Update 7-22-14 11:07 PM: Please send your coins to Poloniex exchange no later then 11:00PM EST on July 23rd for the exchange! Update 7-21-14 3:30 PM: The source/wallets have been sent to the exchanges today for the inspection and final approval stamp for the swap. We will let you know as soon as we hear back from them. You can currently send your coins to Poloniex exchange. A password protected wallet for the community will be available for download a couple of hours prior to the launch and the password for the wallet released at launch! Thank you! Project Restoring Honor! Launching July 24th, 2014 12:00PM EST Honor Coin - (XHC) Ticker Symbol: XHC Algorithm: X13 Market Capitalization: 42 Million Block Time: 120 seconds Block Reward: 40 XHC Distribution period: 2 years Stake Interest: 5% No pre-mine! No ICO’s or IPO’s! 120 second block confirm times Difficulty re-targeting: Every block Community Restored! 1:1 Coin Swap Block: 0 to 1 (21 Million XHC) Fair Launch Blocks: 2 to 720 (0 XHC) 24 hours Distribution Blocks: 721 to 525,000 (40 XHC) 2 year mining period
1 hour proof of stake minimum (to make sure the network keeps moving fast!) Unlimited maximum proof of stake (to prevent the network from ever stopping!) Bittrex is on board and will restore Honor coin for the Community! They are no longer accepting new deposits. Everyone who has coins stored at Bittrex as of yesterday, your coins will be exchanged automatically for the new XHC at launch! If you still have Honor coins in your personal wallet, then get them to Poloniex as soon as possible before the old wallet/block chain becomes invalid. Deadline for the 1:1 exchange is 11:00PM EST on July 23rd! Thanks Honorcoin pools! 5000 XHC Bounty - NEW LOGO DESIGN Winner !!Cryptocoinrank!!
Donations are much appreciated: XHC HDFHNJjmyZsKeHMUeiYiCqpquWh62ncfRS BTC 17YkTT3MzxRsxtRJJyc4QQXbkpWa6VTGeP Bitcointalk Trustpoints are great as well +1 Even more so, contributions to the new development of HonorCoin Exchanges For the Community! By the Community!
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Dragon1134
Newbie
Offline
Activity: 56
Merit: 0
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July 24, 2014, 07:44:00 PM |
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So you didn't read the OP then?
So you didn't really read my complaint then, Mr. Fanboy? So you really didn't read the OP then? OK So you're ok with scamming by fine print, then? The gall of some people. If that's the way you see it, seems to me plenty of other people knew about this... So you really, really didn't read the op then....Did you? The Gall!
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coolisbad
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July 24, 2014, 07:46:04 PM |
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i easily saw the reward structure. it really is in the beginning of the post. i had no problem reading the following. Update 7-23-14 3:20 AM: Bittrex is on board and will restore Honor coin for the Community! They are no longer accepting new deposits. Everyone who has coins stored at Bittrex as of yesterday, your coins will be exchanged automatically for the new XHC at launch! If you still have Honor coins in your personal wallet, then get them to Poloniex as soon as possible before the old wallet/block chain becomes invalid. Deadline for the 1:1 exchange is 11:00PM EST on July 23rd! Update 7-22-14 11:07 PM: Please send your coins to Poloniex exchange no later then 11:00PM EST on July 23rd for the exchange! tl;dr As you can see in the OP, the reward structure was made more obvious only in an update, 20 minutes after launch.
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Dragon1134
Newbie
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Activity: 56
Merit: 0
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July 24, 2014, 07:49:04 PM |
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As you can see in the OP, the reward structure was made more obvious only in an update, 20 minutes after launch.
I'm sure you just didn't read the OP Am I missing something, I could swear I knew about this zero block ordeal for DAYS?
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coolisbad
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July 24, 2014, 07:54:21 PM |
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As you can see in the OP, the reward structure was made more obvious only in an update, 20 minutes after launch.
I'm sure you just didn't read the OP Am I missing something, I could swear I knew about this zero block ordeal for DAYS?
You seem to be really struggling with the comprehension of simple implications. That's breaking my heart. Here, I'll make it easier for you. Read this: http://en.wikipedia.org/wiki/Fine_print The obvious (unlike this reward structure) implication is: some people catch the fine print and others don't. It doesn't make it less scummy.
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Dragon1134
Newbie
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Activity: 56
Merit: 0
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July 24, 2014, 07:57:15 PM |
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It's ok man, you just set your miners and went on about your business hoping to mine and dump the coin but since you didn't read the OP now your a tad butt-hurt... It's fine man, I too like to mine coins without reading the OP entirely and all the posts associated with it.
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coolisbad
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July 24, 2014, 07:59:08 PM |
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Yeah, it's ok I guess. It's not like I can do anything to get back my investment. Just blowing of some steam from the fresh butt-hurt. This however doesn't mean the block reward should't have been made much clearer from the beginning.
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mblados
Sr. Member
Offline
Activity: 350
Merit: 250
Muroko Blados
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July 24, 2014, 08:11:58 PM |
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To the Dev - you see how people are confused and getting on each other bcoz of your Forever 0 reward. Fork the thing for the honor of the miners.
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UserAlter
Sr. Member
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Activity: 365
Merit: 250
?
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July 24, 2014, 08:17:29 PM |
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1:1 Coin Swap Block: 0 to 1 (21 Million XHC) Fair Launch Blocks: 2 to 720 (0 XHC) 24 hours Distribution Blocks: 721 to 525,000 (40 XHC) 2 year mining period
Fail to Read = Fail to notice!!
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