[ANN] [JUDGE] Judge Coin | Multipool is UP @ http://judge.bemining.net/

[victorteoh]

This is the only coin that caught my eye in a very long time. So there'll be 6.6M coins mined within 20 days right? I'll be sure to set an alarm for this launch. There will be more block halving?

There will be roughly 15 Million coins after 20 days.  These are rough estimates since PoW is mixed with PoS.  If it were pure PoW the estimate would be much more accurate. Since it converts to PoS after roughly 20 days there is no block halving as PoW mining would stop.  After PoW people will "Stake" or what I call "Wallet Mine" based on how large their coin size/stake is at a rate of 6% per year.

One of my thoughts is to convert the coin to permanent PoW eventually.  Right now I believe PoS is easier to secure since there is a flood of shit coins.  If I can get the right dev, right tuning, and security issues addressed, I would kill PoS and just make the coin 100% proof of work at a low rate around the same as the PoS is paying.

I think that your concept now is great. PoW & PoS hybrid would be better

[1714150884]

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[victorteoh]

Anyway, I'll rent up a rig to mine this coin at launch =) Good and trustworthy coin

[wangdanni]

i will bein

[judgecrypto]

Anyway, I'll rent up a rig to mine this coin at launch =) Good and trustworthy coin

Thank you for the support! I really appreciate it

Be sure to check out the coin website: http://judgecoin.com/Default.aspx?tabid=94&aff=11 (This is the features forum)
* This is where we will discuss future features... please participate.

I am making the site a center for working on the coin.  It has a full featured forums with private messages and chat rooms.

[wangdanni]

i will be in pool

[1211]

No premine???  Thats so cool! Looks nice.

[judgecrypto]

i will be in pool

Great to hear and thanks for supporting Judge Coin

Make sure you check out the coin website: www.judgecoin.com
Register an account and participate in the forums!

Look forward to seeing you on the site!

[bahu]

This thread is clean proof that miners are fkin hungry for honesty and fair relations.
And probably tired of mining shit coins from greedy devs.
You got my attention Judge +1

[judgecrypto]

No premine???  Thats so cool! Looks nice.

Thank you for your support No premine , No IPO, No front loaded blocks, No secret pay to dev blocks

I have also posted my personal info on coin website! www.judgecoin.com

[judgecrypto]

This thread is clean proof that miners are fkin hungry for honesty and fair relations.
And probably tired of mining shit coins from greedy devs.
You got my attention Judge +1

Thanks for your support.  I had to make my own because I am so tired of getting ripped off.  It is not just the money.  I am tired of believing in people for them to just step on you.

I can't guarantee the coin will go to the moon... I will guarantee I will work hard at trying to build the rocket!

[kaliostro]

judgecrypto, can you tell how you will achieve fair distribution?  and maybe Limit hash rate like Minerals coin? and what about Instamine? maybe do first block with min. rewards?

[Bonn3rs]

Be sure to like our Facebook page and our Twitter account to keep you up to date with all the latest news quickly and easily!

We are also still looking for a Reddit manager- if you'd like it to be you, message Judge Crypto.

I know I'm biased here but I genuinely think we've got a good coin here. Judge has provided transparency and with no premine or IPO, we might finally have ourselves a trustworthy alt coin. I'm going to be renting a rig for this one!

[judgecrypto]

judgecrypto, can you tell how you will achieve fair distribution?  and maybe Limit hash rate like Minerals coin? and what about Instamine?

Fair distribution is not something you will get universal consensus on.  As you can see by the plethora of coins out there everyone has their own opinions on crypto...

I personally do not agree with the way Minerals did their hash rate limit.  To do it their way means to not release the source code and control the pool.  That leaves too much control in the hand of the dev to contract out hash rate and do a large instamine.  Now I am not saying that is what happened. But in crypto it is about transparency and trust and I do not feel their way gives that.

Judge Coin has no instamine.  I will be looking to buy my coins on the market like everyone else.  With 20 days of mining with no large blocks up front it would be difficult to buy hash rate for the entire time.

No system is perfect, but I feel mine is very fair.

[kaliostro]

judgecrypto, can you tell how you will achieve fair distribution?  and maybe Limit hash rate like Minerals coin? and what about Instamine?

Fair distribution is not something you will get universal consensus on.  As you can see by the plethora of coins out there everyone has their own opinions on crypto...

I personally do not agree with the way Minerals did their hash rate limit.  To do it their way means to not release the source code and control the pool.  That leaves too much control in the hand of the dev to contract out hash rate and do a large instamine.  Now I am not saying that is what happened. But in crypto it is about transparency and trust and I do not feel their way gives that.

Judge Coin has no instamine.  I will be looking to buy my coins on the market like everyone else.  With 20 days of mining with no large blocks up front it would be difficult to buy hash rate for the entire time.

No system is perfect, but I feel mine is very fair.

ok, how about new algorithm like Nist5(Talkcoin or IcebergCoin) or FRESH (FreshCoin), i think Nist5 now more good, what do you think about this?

[judgecrypto]

judgecrypto, can you tell how you will achieve fair distribution?  and maybe Limit hash rate like Minerals coin? and what about Instamine?

Fair distribution is not something you will get universal consensus on.  As you can see by the plethora of coins out there everyone has their own opinions on crypto...

I personally do not agree with the way Minerals did their hash rate limit.  To do it their way means to not release the source code and control the pool.  That leaves too much control in the hand of the dev to contract out hash rate and do a large instamine.  Now I am not saying that is what happened. But in crypto it is about transparency and trust and I do not feel their way gives that.

Judge Coin has no instamine.  I will be looking to buy my coins on the market like everyone else.  With 20 days of mining with no large blocks up front it would be difficult to buy hash rate for the entire time.

No system is perfect, but I feel mine is very fair.

ok, how about new algorithm like Nist5(Talkcoin or IcebergCoin) or FRESH (FreshCoin), i think Nist5 now more good, what do you think about this?

The launch code has been tested with the official poos and is locked in.  I have been considering a change to pure PoW after later.  In that case I am open to discussing PoW/PoS for coin maintenance. 

The discussion will be held here: www.judgecoin.com in the forums!

One thing I would like to see is a TRUE PoW Wallet miner.

[chisefu]

Chickenstrips.net Presents:

http://judge.chickenstrips.net

1.5% fees, live support on irc.freenode.net #chickenstrips or PM via bitcointalk

We are one of the official pools because we have pre-tested the source code to ensure a smooth launch.  All 3 test pools are talking and we plan on testing for 24 hours before we reset everything to 0 for launch day.

[tamdc]

Good coin, nice wallet, love this coin. I will mine. Can't wait

[judgecrypto]

Good coin, nice wallet, love this coin. I will mine. Can't wait

Thank you! Please check out the website www.judgecoin.com That will be the center of all Judge Coin news and information!

[Fitness76]

I'm in. Will rent some rigs and point both mine your way. Really like the fact there is no pre-mine or IPO. I personally hope you keep the POW then POS hybrid approach instead of switching back to POW at a later time.
One question. You said a few pools will have access to the source before launch why not give it to all the pools that have committed so all pools are on equal footing?
Have a Good Day!

[sdersdf2]

I was going to say to go with X13 imo. I haven't heard of X15 yet, but X11 is oversaturated right now, and X13 would be your best bet.

I think it will be harder for the pools with X15 actually.  

Actually no. X15 had several coins last week. 1 day there is no mining power for rent, next day 20,000 MHS + showed up. Just needed to change some settings. I did it myself to a set of mining rigs.

I liked your honesty, but I am not sure what you are hoping to do here? You yourself say that you aren't promising anything new, and any X11/X13 and now X15 coin is going to be pile driven into the ground at the first sniff of an exchange for the dump.

Why not take a step back and ask yourself if you should even do this before you spend another BTC on it? And if you are going to do it, why not do it right? Get something new and spectacular done and working and tested, something that provides value and people will want, and then announce the coin.

By spectacular I don't mean:

Whitepapers.
Gambling games coming soon.
Faucets.
Fancy graphics on wallets.

Or any of the other 100's of shit coin specialties.

I mean have working anonymous transactions at launch, not *later*. The VoIP idea that others suggested was neat, but of course *coming later*. Using an algorithm that is both GPU and ASIC resistant is another good thing. I am sure there are a load of things people would like to see in their crypto currency.

Again though, don't expect anyone to hang on to your coin for more than 30 seconds like this with nothing. It will be the rape of Nanking, dumped, and over in less than a week. Without a premine you won't even recover your BTC unless you instamine or have a huge GPU farm. Why do it otherwise?

You ask a fair question and I will do my best to answer it.

What I am bringing to the table is first of all stability.  Your question was why even do it?  Why not just buy an existing alt coin?  Well, like many people here I have been burned and burned bad.  Now when you get burned it is not just about the money.  Actually worse is the loss in human trust that hits you when you get scammed.  The only coin I can trust to not dump and run on me is my coin.

I have been saying in OP the initial price of the coin should not be high.  The reason for that is that at birth it will have no utility other than a shared general ledger.  In fact I do not have a permanent dev identified.  As such I am not anticipating that it will be the most profitable to mine.  People who mine it I hope are long term believers who are sick and tired of shit coin this or shit coin that every day with some other promise that it will make all your cares go away.

The value in the judge coin lays in the way in which I will operate it.  First starting with no premine, instamine, or IPO.  No one gets an advantage out of the gate.  If people mine to dump then those who believe early will get a chance to invest early at a reduced price.  Personally I am hoping to buy my own fair share on the market as I will have none to start.  I have no gpu farm and there is no instamine. 3 Pools will support the initial launch and the blocks are not front loaded so that a small group cleans up.

What I would like to see is for the community to identify a need.  Then try to compile those resources needed to accomplish the need.  That is where the fun and challenge is.  I think more than the group just trying to make a quick buck, exists a group that wants to be part of something.  I am offering that something.  I hope you will join me.

I was was going through this thread out of curiosity (always on the hunt for a new, better coin) and happened to come across this message. I and many others I'm sure share your sentiments about the current state of things around here (it's ugly out there), but the comments above beg the question, especially in light of what you've said about distrust of others: well, why should we trust you?

And by trust, I don't necessarily mean mistrust of you personally, but you've been on record recommending at least a couple coins that bombed (spectacularly in the case of SC). What about trust in your judgement, including your judgement in picking a dev for this coin? What do you say to the question of whether you and everyone else might be taken for a ride by yet another dev, who maybe starts off great at first but plays a long-game scam? What about your record would you say inspires trust in your ability to deliver "stability" and navigate the many unknowns in trying to develop a successful coin. A lot of devs with good intentions have failed, overwhelmed by factors beyond their control.

Also, I understand the need for a moderated thread given what's going on out there --- there's more intensive FUD'ing of competing coins as everyone fights over a shrinking pie -- but that begs another question about contradictions between what you say and what you do: how does a partially-closed, moderated thread invite solid trust that there's open discussion here and everything is and will remain out in the open - good and bad?