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Author Topic: [ANN][ARCOIN] X13 POW/POS - Non moderated topic - 2 hour pre-instamine at launch  (Read 5832 times)
Bfljosh (OP)
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July 16, 2014, 12:18:05 PM
Last edit: July 16, 2014, 04:50:53 PM by Bfljosh
 #1

I do not own ARcoin, I am no dev. This is the non-moderated topic for ARcoin. We need this topic because the dev removes a lot of posts in the original self-moderated topic. At the launch there was no wallet or pool for almost 2 hours. He and his buddies probably did a 2 hour instamine/premine. The dev has " no-premine"  stated in his [ann]. This was NOT a fair launch! EDIT: the wallet was there after aprox. 1 hour.

ARcoin is a medium of exchange designed around securely exchanging information which is a process made possible by certain principles of cryptography.
The first cryptocurrency to be created was Bitcoin in 2009. Since then, numerous cryptocurrencies have been created. Fundamentally, cryptocurrencies are specifications
regarding the use of currency which seek to incorporate principles of cryptography to implement a distributed, decentralized and secure information economy.
 
Within ARCoin systems the safety, integrity and balance of all ledgers is maintained by a community of mutually distrustful parties referred to as miners,
who are usually members of the public, handling cryptocurrency transactions for a small fee. Miners use resource-intensive computer software to help secure a particular
cryptocurrency's network by increasing that network's ability to solve mathematical equations which the network directly uses to impede fraud.
 
Central bank representatives have stated that the adoption of Cryptocurrencies such as bitcoin pose a significant challenge to central banks' ability to influence the price of
credit for the whole economy, they've also stated that as trade using Cryptocurrencies become more popular, there is bound to be a loss of consumer confidence in fiat currencies.
Gareth Murphy, a senior central banking officer has stated "widespread use [of cryptocurrency] would also make it more difficult for statistical agencies to gather data on economic activity,
which are used by governments to steer the economy, He cautioned that virtual currencies pose
a new challenge to central banks' control over the important functions of monetary and exchange rate policy.
 
ARCoin seek to add more crypto-currency & knowledge to the world, and we welcome you all to participate in this experimental project.


Twitter: https://twitter.com/AR_Coin

X13 algorithm
1 Million POW Coins
0% Premine, No Instamine, No IPO
Aprox. 3 Days Proof-of-Work (PoW)
5% Proof-of-Stake (PoS)
Block time: 60 seconds
Min stake age - 2 Hours
Max stake age - 1 Day
Confirmations - 288
Maturity - 30

TOR Implemented

TBD
 
Github Source-Code: https://github.com/Arcoins/Arcoin_Source
Mac Wallet: https://mega.co.nz/#!INEGBbST!dYsxWs_1UUcbQl2xOysG-8YNecqlSoIH0OFYSPvBvGE
Windows Wallet: https://mega.co.nz/#!OMBklT7Y!vDufpAAU-jHHMrThrVCSH7ijPj5zYsj9chF-zksZQK4
 

0.025 BTC to the first Block Explorer
0.012 BTC to the second Block Explorer

Original topic with comments deleted about warning others for the instamine/premine is here: https://bitcointalk.org/index.php?topic=696243.0
Bfljosh (OP)
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July 16, 2014, 12:20:29 PM
 #2

Quote
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Newbie dev.
Self-moderated topic.
Removing a lot of posts.
Broken wallet so some can mine a LOT.
Dev is not helping with problems.
Dev might be 12 years old.

Do NOT remove this post or I will start a non moderated topic for this coin.
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July 16, 2014, 12:20:40 PM
 #3

true, don't mine this crap. I have no clue why this is getting so much hashpower. I was around for the launch. There was no wallet and no pool. Im not a linux kinda guys and I am sure many others are not. It's stated as a fair launch but it totally was not.
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July 16, 2014, 12:24:01 PM
 #4

wind qt appeared at block #500 ish

maybe first 100 blocks had less reward but still it is not a fair launch...

couldd have been a great coin
Bfljosh (OP)
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July 16, 2014, 12:33:48 PM
 #5

Confirmed, the dev responds like a 12 year old scammer.
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July 16, 2014, 12:43:52 PM
 #6

waiting for more info.

ANN Monitor System http://ann.ymq123.com  (chrome Or IE7-IE9)
Donation BTC: 1F4zvgxAqpbCktYp8oKeupjY2oL3JWVFa3      QQ Group: 229207518
ANN监控系统创世帖 https://bitcointalk.org/index.php?topic=657764.0
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July 16, 2014, 01:42:53 PM
 #7

Confirmed, the dev responds like a 12 year old scammer.

you think he's a little kid? Shocked
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July 16, 2014, 01:55:32 PM
 #8

what i cant understand is it all over his thread how he stuffed of launch .had no wallets or pools.most people couldnt mine till block 400+ and still people mine it and some big pools support it like IPO.its crazy.its disgusting that these pools allow this behaviour.they are clearly driven by greed and have no morals what so ever.there are even people in there saying how smooth the launch was.thats just unbelievable.all i know is this kind of stuff just hurts cryptos image and is going to make it harder and harder for crypto to get more excepted.

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July 16, 2014, 02:42:10 PM
 #9

what i cant understand is it all over his thread how he stuffed of launch .had no wallets or pools.most people couldnt mine till block 400+ and still people mine it and some big pools support it like IPO.its crazy.its disgusting that these pools allow this behaviour.they are clearly driven by greed and have no morals what so ever.there are even people in there saying how smooth the launch was.thats just unbelievable.all i know is this kind of stuff just hurts cryptos image and is going to make it harder and harder for crypto to get more excepted.

+1 agreed


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Bfljosh (OP)
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July 16, 2014, 02:44:38 PM
 #10

Confirmed, the dev responds like a 12 year old scammer.

you think he's a little kid? Shocked

Yes look at this. It's from his original scam topic.



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Ignore
   
   
Re: [ANN][ARCOIN] X13 POW/POS - NO PREMINE - NO IPO - TOR IMPLEMENTED
Today at 12:31:05 PM
   
Reply with quote  #169
Quote from: jimn on Today at 12:22:41 PM
Quote from: arcoins on Today at 12:08:42 PM
Quote from: leduc on Today at 11:57:32 AM
Its a 3 day pow ... 1hour at start is huge...

You are just forgetting that we made the first 100 blocks with low rewards exactly because of that, so people get informed and ready to mine.

Clear? I hope this is the end of this discussion.

and the next 300 + block whith max reward whitout wallet? because you are not able to make one Cheesy is pretty hilarious and you call it no istamine and fair......

Make your own coin, if this one doesn't suite you. <-- lol! This is his response!!
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July 16, 2014, 02:45:32 PM
Last edit: June 09, 2020, 03:50:54 PM by StonerStanley
 #11

Quote
At the launch there was no wallet or pool for almost 2 hours

liar... the wallet was posted 45 minutes after the source code, no premine, no IPO.


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July 16, 2014, 02:47:55 PM
 #12

Bump it up.

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July 16, 2014, 02:48:50 PM
 #13

Quote
At the launch there was no wallet or pool for almost 2 hours

Big liar... the wallet was posted 45 minutes after the source code, no premine, no IPO. what about darkcoin?

You are just a hater, firstly you lie, secondly i will prove it in few minutes, wait..

bfljosh stop lie you are a kid.

edit: so there is the proof:

everybody can see that ArCoin was released at: July 15, 2014, 09:44:14 PM

then 50minutes later:


The lemming zombie army arrived.
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July 16, 2014, 02:50:07 PM
 #14

The lemming zombie army arrived.

See you kid.

Why you don't do this with darkcoin? you are jealous.

Darkcoin windows qt was released 1month after the linux wallet, so where you are? no where  Wink
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July 16, 2014, 02:51:13 PM
 #15

The lemming zombie army arrived.

See you kid.

Why you don't do this with darkcoin? you are jealous.

This topic is not about Darkcoin. The Darkcoin dev did not remove posts.

Jealous? about what then?

You like the fact this dev tells everybody it was a good/fair launch while he instamined many many blocks to dump on investors?

Lurk more kiddo!
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July 16, 2014, 02:53:44 PM
 #16

This topic is not about Darkcoin. The Darkcoin dev did not remove posts.

Jealous? about what then?

Man, stop be hypocrite, you made this post because you cry and you hate arcoin for some reason... but you lie, so maybe they remove your message because lie.... it's proved, you lie.

Darkcoin released his windows wallet 1month after the linux wallet, you said nothing about that, and you come cry here because arcoin released the windows wallet 45minutes after the code source? hahaha. And what about the altcoins with 1% premine? where you are? no where.

See you Wink
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July 16, 2014, 02:54:29 PM
 #17

Quote
At the launch there was no wallet or pool for almost 2 hours

Big liar... the wallet was posted 45 minutes after the source code, no premine, no IPO. what about darkcoin?

You are just a hater, firstly you lie, secondly i will prove it in few minutes, wait..

bfljosh stop lie you are a kid.

There is the proof:

everybody can see that ArCoin was released at: July 15, 2014, 09:44:14 PM

then 50minutes later:


point here is that the dev didn't release wallets on purpose, so that almost nobody could mine. Would have taken him a few mins to compile one himself.
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July 16, 2014, 02:56:44 PM
Last edit: June 09, 2020, 03:49:33 PM by StonerStanley
 #18

point here is that the dev didn't release wallets on purpose, so that almost nobody could mine. Would have taken him a few mins to compile one himself.

Ok and you cry because "maybe" the dev, me or another btctalk member is faster than you for compile his wallet? ....
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July 16, 2014, 03:00:09 PM
 #19

point here is that the dev didn't release wallets on purpose, so that almost nobody could mine. Would have taken him a few mins to compile one himself.

Ok and you are jealous because "maybe" the dev is faster than you for compile his wallet? because you suck at programming? ....

Man, why you don't blame altcoins with 1% premine? instead of cry like a baby because you miss the train.

Are you serious? This is the dumbest post I've seen here in a long time!

Congrats, you just went full retard!

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July 16, 2014, 03:01:04 PM
 #20

point here is that the dev didn't release wallets on purpose, so that almost nobody could mine. Would have taken him a few mins to compile one himself.

Ok and you are jealous because "maybe" the dev, me or another btctalk member is faster than you for compile his wallet? because you suck at programming? ....

Man, why you don't blame altcoins with 1% premine? instead of cry like a baby because you miss the train.
we didnt miss the train.wow u make no sense bro.yes i agree the wallet didnt take 2 hours.but before most people could mine it was up to block 400+.i know this is not a lie cause i was there at launch.no wallets no pools yet he announced that it was going to be fair launch at it wasnt.for u to defend this dev means u were able to comply wallet and start solo mining before everyone else or you have not morals and are very narrow minded and dont see the bigger picture of how stuff like this affects all crypto currencys image

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