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Topic: [ANN] 42 | + | + super rare + | + | + | + only 42 coins to be mined + | + | + | (Read 2811 times)

full member
Activity: 171
Merit: 100
sr. member
Activity: 350
Merit: 250
wow  on  cryptsy.com......Unbelievable
member
Activity: 210
Merit: 10
hero member
Activity: 832
Merit: 500
And the password is ?

What pools are going ?

cheers Smiley
sr. member
Activity: 420
Merit: 250
member
Activity: 70
Merit: 10
I would like to hear from someone who runs a pool if a block reward of 0.0001 coins would break a pool? Is the software able to handle small enough increments to break it down for miner payout?

AFAIK, pools and exchanges will only go to 8 decimal places.

Odds are that anything less than 1 satoshi or .00000001 will get rounded down to nothing.

I'm sure that there's already systems in place to deal with this even if a block is worth 1000000 you still have to divvy it up between people.
It's probably a common occurrence that a block payout has to deal with repeating numbers.
sr. member
Activity: 420
Merit: 250
I would like to hear from someone who runs a pool if a block reward of 0.0001 coins would break a pool? Is the software able to handle small enough increments to break it down for miner payout?
hero member
Activity: 518
Merit: 500
This seems to be the same concept that BitBar tried to do, but even more rarer. I would say, not to make too rare, but also have a technological and usage points for it.
member
Activity: 70
Merit: 10
i think your idea is interesting, may i suggest the primecoin, or quark algo, there are so many scrypt and sha coins now, it would be hard to differantiate yourself.

if you need some help with hypings and giveaways, feel free to messege me.

j

It doesn't matter what algo you use, you still have to contend with the big players.

I would say that scrypt-jane is one of the more "equal" algos out right now. Any CPU algo just gets dominated by cloud miners.
sr. member
Activity: 252
Merit: 250
WTS: 6.72951 [42COIN] @ BTC5000

PM with counter-offers!





Just testing my future post. What do you think? lol
hero member
Activity: 938
Merit: 500
i think your idea is interesting, may i suggest the primecoin, or quark algo, there are so many scrypt and sha coins now, it would be hard to differantiate yourself.

if you need some help with hypings and giveaways, feel free to messege me.

j
member
Activity: 70
Merit: 10
I find the concept extremely interesting, unfortunately I don't have much in the way of skills to offer to help out other than maybe come crappy photoshop skills. I will watch with interest.

sr. member
Activity: 420
Merit: 250
Bump

Already got 1 team member on board. Looking for atleast 1 more person.
hero member
Activity: 532
Merit: 500
I wish I could help, but unfortunately I have other commitments. It's certainly more interesting than the other coins out there though. I'd certainly like to offer some suggestions on a couple of things if you're trying to pitch this coin as something new and unique.
sr. member
Activity: 420
Merit: 250
If this has any premine at all it is potentially worthless. Low circulation means a high probably value per coin due to rarity.

Maybe get away for 2% at most.

If there is any premining it will be only for bounties. I don't like premining any more than you do. lol
sr. member
Activity: 371
Merit: 252
will be easy for the people to find your coin by typing "42" in google... this is just the same shit with a different name, unless you have some very good ideas...

I have never seen a coin with such a low reward per block and overall coins. I want to see what happens, will it break, if it doesn't break what would a coin be worth if it only has 42 max coins ever to be created.

These are unknowns I would like to test. Smiley

Everyone else seems to be pushing the limit on the top end of max coins with 100,000,000,000 max coins. I want to try the opposite.

Take a look at OneCoin for comparison:

https://bitcointalksearch.org/topic/annonc-onecoin-cpu-only-pools-opened-200177
hero member
Activity: 532
Merit: 500
If this has any premine at all it is potentially worthless. Low circulation means a high probably value per coin due to rarity.

Maybe get away for 2% at most.
sr. member
Activity: 420
Merit: 250
SHA-256 or Scrypt?

Currently scrypt but I don't think it would be too hard to make it sha-256. Or even go with another alogo like primecoin.
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