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Author Topic: [ANN] SevenCoin [Very Rare][SHA256][OLD ASIC][SOLO MINING][NO Pools][BOUNTIES]  (Read 3631 times)
SevenCoin (OP)
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June 14, 2014, 07:39:08 PM
Last edit: June 16, 2014, 08:33:58 PM by SevenCoin
 #1


SevenCoin

http://192.241.254.51/images/SevenCoin.png


Only Seven Coins Totally. Very Rare !!





Specs


Algorithm: SHA256
Symbol: SEVEN
Total coin: 7 Coins
Block Rewards: 0.00000001
Block time: 7 Minutes
Retarget: NoRetarget. Diff is fixed at 1
Primine: 1%
RPC port : 7777, P2P port: 17777
NO TX FEEs






New Life for your old ASIC !
Because the newest Asics don't work fine in SOLO Mining, they need Stratum Protocol.

http://192.241.254.51/images/usb.jpg

http://192.241.254.51/images/bfl.jpg



Pools Resistant !
Because Pools don't have reasons to mine SEVEN, because they cannot subdivide the Reward !

http://192.241.254.51/images/nopools.jpg





Why Seven ?

Seven is a most beautiful Prime Number
http://192.241.254.51/images/prime.jpg


Seven is a Lucky Number !
http://192.241.254.51/images/dice.jpg


Seven are the number of days of the week
http://192.241.254.51/images/days_of_week.jpg


Seven are the number of the Continents and the number of Oceans of the World
http://192.241.254.51/images/continents_and_oceans.jpg


Seven are the Wonders of the World
http://192.241.254.51/images/wonders_of_man.jpg

http://192.241.254.51/images/wonders_of_nature.jpg


Seven are the Wonders of the World in the PAST too
http://192.241.254.51/images/wonders_of_past.jpg



Seven are the World's Empires
http://192.241.254.51/images/world_empires.jpg


Seven are the Gods of Luck
http://192.241.254.51/images/gods_of_lucky.jpg


Seven are the Kings and the Hills of Rome
http://192.241.254.51/images/kings_and_hills_of_rome.jpg


Seven are the Church Ages
http://192.241.254.51/images/church_ages.jpg


Seven are the Notes of the Pentagram and the Colors of Rainbow
http://192.241.254.51/images/music_and_colors.jpg



Seven are the Dwarfs
http://192.241.254.51/images/dwarfs.jpg



Seven are the Chakra
http://192.241.254.51/images/human_chakras.jpg


and..................



Seven is a Beer too  Cheesy Cheesy
http://192.241.254.51/images/beer.jpg



Exchanges


Vote for us on comkort !
https://comkort.com/vote#SEVEN





Downloads


All links will release on Launch date





Bounties

BlockExplorer = 30 satoshi assigned to FaSan
Faucet = 20 satoshi assigned to FaSan

Android Wallet = 100 satoshi
IOS Wallet = 100 satoshi

Android or IOS Ticker App = 50 satoshi

Blogs and News Networks  = 10 satoshi per each post. 1000 satoshi reserved.

First Gambling Site = 100 satoshi assigned to virtualdn on http://coinok.pw/
Second Gambling Site = 75 satoshi

Professional Promo Video = 100 satoshi

Reddit Creation and Moderation = 50 satoshi per month
QQ Group Creation and Maintenance = 50 satoshi per month
Twitter Page Creation and Maintenance = 50 satoshi per month

Translate this thread on Local Langs = 5 satoshi per lang

chinese by luya518: http://www.btclt.cn/thread-3519-1-1.html


Blog article by kingscrown: http://fuk.io/june-2014-report-best-altcoins-and-cryptocoins-to-mine-and-invest-in-right-now/



How to Mine ?

You have to add a simple .conf file to your wallet and point your asic on your local IP, like this :

Code:
rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1
server=1
gen=0

Code:
bfgminer (or cgminer) -o http://127.0.0.1:7777 -u username -p password [ASIC Confs] or [GPU Confs] or [CPU Confs]



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raskul
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June 14, 2014, 07:39:35 PM
 #2

what happened to your other thread?

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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June 14, 2014, 07:40:47 PM
 #3

interesting, so how long would it take to mine all 7 coins?
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June 14, 2014, 07:54:30 PM
 #4




Seven is a Lucky Number !





Who says this, I never heard that before?

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June 14, 2014, 08:01:51 PM
 #5

Insta-mined garbage in search of bigger fools. A simple copy clone with ZERO innovation is NOT rare. Any other unoriginal coin EXACTLY like it with however many coins you wish can be created in a matter of hours by ANYONE including the 'dev' once he moves on to his next scam.
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June 14, 2014, 08:02:07 PM
 #6

interesting, so how long would it take to mine all 7 coins?

Looks like more than 1300 years.

And the premine is 0.07 Sevencoin.

So it will take around 190 years to mine 1 Sevencoin

Which means the premine is worth 13.3 years of mining.

Don't think I'll be mining or trading this one.
SevenCoin (OP)
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June 14, 2014, 09:14:07 PM
 #7

Insta-mined garbage in search of bigger fools. A simple copy clone with ZERO innovation is NOT rare. Any other unoriginal coin EXACTLY like it with however many coins you wish can be created in a matter of hours by ANYONE including the 'dev' once he moves on to his next scam.


Who tell that this coin don't have innovations ? Or you want to mean that innovations can be only in the algo ? This coin is pools and big asics resistant, with a fix retarget and a firewall for block the instamining. Never see like this before.

Can I ask you what is your job in RL ?
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June 14, 2014, 09:50:39 PM
 #8

is the units of Bounties satoshi?
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June 15, 2014, 05:38:57 AM
 #9

Nice joke.  Smiley
If you don't have difficulty re-target then how can you keep the block time on 7 Minutes? With difficulty 1 a fast ASIC miner will find all the block in no time and all depends on how fast it can push it to the wallet daemon and how fast it can push out to the network. Let's say this coin will have an exchange and will have some real value. Just imagine hundreds of nodes in the network pushing out blocks at a rate of 10-100/s. I think multiple forks will be inevitable at this rate.
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June 15, 2014, 06:12:51 AM
 #10

Nice joke.  Smiley
If you don't have difficulty re-target then how can you keep the block time on 7 Minutes? With difficulty 1 a fast ASIC miner will find all the block in no time and all depends on how fast it can push it to the wallet daemon and how fast it can push out to the network. Let's say this coin will have an exchange and will have some real value. Just imagine hundreds of nodes in the network pushing out blocks at a rate of 10-100/s. I think multiple forks will be inevitable at this rate.

Its really a joke! Grin Grin Grin Grin
SevenCoin (OP)
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June 15, 2014, 12:31:25 PM
 #11

Nice joke.  Smiley
If you don't have difficulty re-target then how can you keep the block time on 7 Minutes? With difficulty 1 a fast ASIC miner will find all the block in no time and all depends on how fast it can push it to the wallet daemon and how fast it can push out to the network. Let's say this coin will have an exchange and will have some real value. Just imagine hundreds of nodes in the network pushing out blocks at a rate of 10-100/s. I think multiple forks will be inevitable at this rate.


 Cheesy Cheesy Cheesy all specialist here. I'm  very much lucky.

Why you talk before see the code ? I already told that we have set a special firewall that will reject fast blocks. This feature give a resistant for big asics and for every fork attemps.

Also the diff at 1 give the same opportunity to every, fast and slow asics


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June 15, 2014, 01:57:00 PM
 #12

Nice joke.  Smiley
If you don't have difficulty re-target then how can you keep the block time on 7 Minutes? With difficulty 1 a fast ASIC miner will find all the block in no time and all depends on how fast it can push it to the wallet daemon and how fast it can push out to the network. Let's say this coin will have an exchange and will have some real value. Just imagine hundreds of nodes in the network pushing out blocks at a rate of 10-100/s. I think multiple forks will be inevitable at this rate.


 Cheesy Cheesy Cheesy all specialist here. I'm  very much lucky.

Why you talk before see the code ? I already told that we have set a special firewall that will reject fast blocks. This feature give a resistant for big asics and for every fork attemps.

Also the diff at 1 give the same opportunity to every, fast and slow asics




Sorry if I sounded like trolling, I didn't meant to offend you, usually it's not my style.
I'm curious to see the implementation of your vision.
Just wasn't clear how you can accomplish to goal of this coin. It sounds like you are trying to introduce another factor to limit the block rate which originally the difficulty re-targeting was designed for. The question is how you'll be able to decide which node will get less or more coins, if it's not based on hash rate. Each node can submit a limited number of block? In this case one can install hundreds of nodes load balancing a  big ASIC miner between them. It's true that it's harder but the network still can be exploited by powerful miners.
SevenCoin (OP)
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June 15, 2014, 08:23:08 PM
 #13

Sorry if I sounded like trolling, I didn't meant to offend you, usually it's not my style.
I'm curious to see the implementation of your vision.
Just wasn't clear how you can accomplish to goal of this coin. It sounds like you are trying to introduce another factor to limit the block rate which originally the difficulty re-targeting was designed for. The question is how you'll be able to decide which node will get less or more coins, if it's not based on hash rate. Each node can submit a limited number of block? In this case one can install hundreds of nodes load balancing a  big ASIC miner between them. It's true that it's harder but the network still can be exploited by powerful miners.


Sorry you too, not simple in this jungle to understand who want to troll only and who ask serious questions.

No it's not node limits. At first many big Asics (standalone version) don't work in getwork. They work only on stratum protocol. This Asics will not able to mine SevenCoin. Another limit it's with the timewall. No blocks will be accepted before timespan. It means that all nodes have time for sync correctly, malicious people cannot fork the network and it give the opportunity to slow ASICs to find a block. The diff fixed at 1 guarantees only that this last word will true.
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June 15, 2014, 08:30:09 PM
 #14

I do love the prime number 7.  Will be watching this thread, if it actually starts to gain a little traction I'll consider pointing a couple of my Heat-Box BFL's at it to see how it goes Wink

¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿

Gimme the crypto!!
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June 16, 2014, 05:49:48 AM
 #15

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy

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June 16, 2014, 09:06:21 AM
 #16

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy

i'm gonna have to agree with that. it's such a shame, here we have a great idea for a coin, and the dev decides to take a lions share for himself, while trying to advise us that - you can only mine it if you want a small amount (small mining rigs only)

clueless dot com

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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June 16, 2014, 09:33:45 AM
 #17

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy


All coin's devs take 1% of premine, what change here ? If you have a good matemathic mind you will see that 1% of one bilion and 1% of one thousand, for example, it's the same thing.

And ignore raskul without problem, he is a troll that make shit in all coin's threads.
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June 16, 2014, 09:36:06 AM
 #18

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy


All coin's devs take 1% of premine, what change here ? If you have a good matemathic mind you will see that 1% of one bilion and 1% of one thousand, for example, it's the same thing.

BTC


not true, I invest in good solid, trustworthy coins and have a range of wallets on my computers.
You are feeding on those less knowledgable. I will be pleased to balance the conversation so that people know exactly what they are buying into.

a 1% premine is not a good thing, and you should explain what it will be used for, in detail.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
SevenCoin (OP)
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June 16, 2014, 09:40:16 AM
 #19

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy


All coin's devs take 1% of premine, what change here ? If you have a good matemathic mind you will see that 1% of one bilion and 1% of one thousand, for example, it's the same thing.

BTC


not true, I invest in good solid, trustworthy coins and have a range of wallets on my computers.
You are feeding on those less knowledgable. I will be pleased to balance the conversation so that people know exactly what they are buying into.

a 1% premine is not a good thing, and you should explain what it will be used for, in detail.

right, many take BTC with IPO before, and something after IPO take premine too.

I've see many no-premined coins die because dev gone after little time. I don't want to gone and I don't want to dump. If people trust will trust in this coin, it will be a big project for a long time.

And if you are a smart guy, you will understand it. If not pity for you.
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June 16, 2014, 09:42:05 AM
 #20

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy


All coin's devs take 1% of premine, what change here ? If you have a good matemathic mind you will see that 1% of one bilion and 1% of one thousand, for example, it's the same thing.

And ignore raskul without problem, he is a troll that make shit in all coin's threads.


Damn, it's hard to understand that on this coin 1% is too much? If the reward per block was 100 times higher also 2-3% was ok, but with a satoshi reward you have in your dumper hands too much control.

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