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Revelation
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June 24, 2014, 12:05:08 PM |
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finally, a coin which looks legit. Im in!
What is so good about this coin? Premine + ninja - seems like a China shitcoin to me |
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louiseth1
Legendary
 Offline
Activity: 924
Merit: 1000
Bitfarms.io
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June 24, 2014, 12:07:32 PM |
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Bitfarms.io - Powering Blockchains with Sustainable Energy
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techcoinproject (OP)
Newbie
Offline
Activity: 52
Merit: 0
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June 24, 2014, 12:07:37 PM |
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finally, a coin which looks legit. Im in!
What is so good about this coin? Premine + ninja - seems like a China shitcoin to me We are based in the United States. Premine is for future development/marketing/bounties. Ninja launch makes a more fair distribution. (Low beginning block reward to prevent an instamine) |
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cointrader83
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June 24, 2014, 12:12:50 PM |
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Any plans? Anon or something?
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techcoinproject (OP)
Newbie
Offline
Activity: 52
Merit: 0
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June 24, 2014, 12:13:39 PM |
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Any plans? Anon or something?
Anon would be nice. I will look into this. So far the coming soon list on the OP is our current plans in order. |
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cointrader83
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June 24, 2014, 12:15:08 PM |
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Great!
I mine this...
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powersup
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June 24, 2014, 12:18:04 PM |
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finally, a coin which looks legit. Im in!
What is so good about this coin? Premine + ninja - seems like a China shitcoin to me Clean code. low reward for first blocks. Small, but fair pre-mine. No hidden premine (from what I can see) |
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Revelation
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June 24, 2014, 12:20:35 PM |
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finally, a coin which looks legit. Im in!
What is so good about this coin? Premine + ninja - seems like a China shitcoin to me We are based in the United States. Premine is for future development/marketing/bounties. Ninja launch makes a more fair distribution. (Low beginning block reward to prevent an instamine) Good that you are not from China, I already like your coin. So you make ninja launch for fair distribution but then make block reward small to avoid instamine - isn't this contradictory? |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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June 24, 2014, 12:21:38 PM |
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what is this veilcoin 2.0?
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powersup
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June 24, 2014, 12:21:48 PM |
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Any plans? Anon or something?
Anon would be nice. I will look into this. So far the coming soon list on the OP is our current plans in order. Anon isn't a big deal. Stick to your list. focus on the coins niche and not what everyone else is doing. |
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powersup
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June 24, 2014, 12:22:50 PM |
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int64_t nSubsidy = 10 * COIN;
if(pindexBest->nHeight < 3)
{
nSubsidy = 1000 * COIN;
}
else if(pindexBest->nHeight < 200)
{
nSubsidy = 5 * COIN;
}
else if(pindexBest->nHeight < 1000)
{
nSubsidy = 10 * COIN;
}
else if(pindexBest->nHeight < 2500)
{
nSubsidy = 100 * COIN;
}
else if(pindexBest->nHeight < 5000)
{
nSubsidy = 10 * COIN;
} Premine 3000 COIN 1.5% !!!!! Maxcoins is 300000 the op does say ~216,000 coins |
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dstorm
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June 24, 2014, 12:29:42 PM |
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tech.altmine.net p2pool* Dedicated servers in Europe with 1 Gbit/s connection and DDoS protection. * No user account required. * Instant payouts when blocks are found. * 0.75% fee.
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techcoinproject (OP)
Newbie
Offline
Activity: 52
Merit: 0
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June 24, 2014, 12:30:23 PM |
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finally, a coin which looks legit. Im in!
What is so good about this coin? Premine + ninja - seems like a China shitcoin to me We are based in the United States. Premine is for future development/marketing/bounties. Ninja launch makes a more fair distribution. (Low beginning block reward to prevent an instamine) Good that you are not from China, I already like your coin. So you make ninja launch for fair distribution but then make block reward small to avoid instamine - isn't this contradictory? Thank you =} Yes, I do not see it as contradictory, due to the fact that the low block reward doesn't necessarily "prevent an instamine", but it lowers the incentive to try to instamine and gives everyone a fair start while the coin gets on pools (which it has already). Yes, I want to get in contact with some different technology related companies to offer Techcoin as a merchant payment processing solution, this will go with our Web Wallet that is in very early alpha development. A shopping cart system with an API and SCI would be crucial. The max coins is just an estimate, the max coin in the code is different from the actual max by the end of PoW. I had calculated ~216,500, others may come up with different estimates, there is no real way to tell until PoW is over, but it seems the max will be in that rough estimate of 200k. |
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powersup
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June 24, 2014, 12:32:47 PM |
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int64_t nSubsidy = 10 * COIN;
if(pindexBest->nHeight < 3)
{
nSubsidy = 1000 * COIN;
}
else if(pindexBest->nHeight < 200)
{
nSubsidy = 5 * COIN;
}
else if(pindexBest->nHeight < 1000)
{
nSubsidy = 10 * COIN;
}
else if(pindexBest->nHeight < 2500)
{
nSubsidy = 100 * COIN;
}
else if(pindexBest->nHeight < 5000)
{
nSubsidy = 10 * COIN;
} Premine 3000 COIN 1.5% !!!!! Maxcoins is 300000 the op does say ~216,000 coins (200*5)+(10*800)+(1500*100)+(2500*10) = 184000 So maxcoins are 300 000, 216 000 or 184 000? That is POW coins mate. This is a POW/POS coin. Total coins is 300000 However 3000 coins premine during pow phase, so 1.6% premine total |
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Revelation
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June 24, 2014, 12:37:55 PM |
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finally, a coin which looks legit. Im in!
What is so good about this coin? Premine + ninja - seems like a China shitcoin to me We are based in the United States. Premine is for future development/marketing/bounties. Ninja launch makes a more fair distribution. (Low beginning block reward to prevent an instamine) Good that you are not from China, I already like your coin. So you make ninja launch for fair distribution but then make block reward small to avoid instamine - isn't this contradictory? Thank you =} Yes, I do not see it as contradictory, due to the fact that the low block reward doesn't necessarily "prevent an instamine", but it lowers the incentive to try to instamine and gives everyone a fair start while the coin gets on pools (which it has already). Yes, I want to get in contact with some different technology related companies to offer Techcoin as a merchant payment processing solution, this will go with our Web Wallet that is in very early alpha development. A shopping cart system with an API and SCI would be crucial. The max coins is just an estimate, the max coin in the code is different from the actual max by the end of PoW. I had calculated ~216,500, others may come up with different estimates, there is no real way to tell until PoW is over, but it seems the max will be in that rough estimate of 200k. Max PoW coins are 184k and 3k premine means that this is around 1.6% premine and not 1% as advertised ? |
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Bfljosh
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June 24, 2014, 12:38:48 PM |
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1%-1.5% premine.
What are you going to do with this premine dev?
Dump it on BTC buy orders as soon as this thing hits an exchange?
9/10 devs who premine do this. Give me a fucking good reason why you are not going to do this.
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powersup
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June 24, 2014, 12:39:59 PM |
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finally, a coin which looks legit. Im in!
What is so good about this coin? Premine + ninja - seems like a China shitcoin to me We are based in the United States. Premine is for future development/marketing/bounties. Ninja launch makes a more fair distribution. (Low beginning block reward to prevent an instamine) Good that you are not from China, I already like your coin. So you make ninja launch for fair distribution but then make block reward small to avoid instamine - isn't this contradictory? Thank you =} Yes, I do not see it as contradictory, due to the fact that the low block reward doesn't necessarily "prevent an instamine", but it lowers the incentive to try to instamine and gives everyone a fair start while the coin gets on pools (which it has already). Yes, I want to get in contact with some different technology related companies to offer Techcoin as a merchant payment processing solution, this will go with our Web Wallet that is in very early alpha development. A shopping cart system with an API and SCI would be crucial. The max coins is just an estimate, the max coin in the code is different from the actual max by the end of PoW. I had calculated ~216,500, others may come up with different estimates, there is no real way to tell until PoW is over, but it seems the max will be in that rough estimate of 200k. Max PoW coins are 184k and 3k premine means that this is around 1.6% premine and not 1% as advertised ? yes, and you can see how the dev made the mistake. You might want to update the OP dev. |
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bottle1water
Newbie
Offline
Activity: 41
Merit: 0
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June 24, 2014, 12:40:04 PM |
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coin without a preann is a piece of sh1t.
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techcoinproject (OP)
Newbie
Offline
Activity: 52
Merit: 0
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June 24, 2014, 12:41:30 PM |
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1%-1.5% premine.
What are you going to do with this premine dev?
Dump it on BTC buy orders as soon as this thing hits an exchange?
9/10 devs who premine do this. Give me a fucking good reason why you are not going to do this.
The premine will be going towards future development. Bounties will be coming as well, Community give your ideas! It would be pointless to dump the 1%-1.5% when it could be partially used for bounties and future development; causing Techcoin to become more valueable. |
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