apparently the diff change with reward not very fair. with the hashrate raise the reward reduce too much.only 5 diff that reward 27 coins each time .
SCAM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I totally agree.
300 blocks premined. ok, that's known, you can agree or not.
First 850 blocks AFTER launch within 40 minutes = 425,000 coins fastmined, probably with 1 miner.
In first 30 hours 2,000,000 mined, worse than DRK.
Trade carefully, those 600,000+ coins owned by the dev(team?) will always be lurking around the corner. If it will be a success I hope they will sell those coins with care and continue to develop BBL.
+1 for implementing X15 algo though
Now who can setup another X15 coin with a fair launch?
thats not the most important
but did you calculate the fomula with the diff?
for example, by day the diff is 1 so lets see
Reward: Based on a formula 222222/(((2600+diff)/9)^2)=222222/(((2600+1)/9)^2) => ?
the result is 2.660672166281534 , so the block bonus is 2.660672166281534 not the 256?
WTF?
in early launch era , i mined several blocks of 512 but now 27.2 a block? kidding me ? thats abso-fucking-lutely not the formula one.
so dev got the huge block in the early ten minutes? what you want? dumping when it hits a exchange?
as you see, except the first day of mining, the formula is 222222/(((2600+diff)/9)^2),right!
the at the beginning of the launch, the formula is 11111/(((51+diff)/6)^2) , so the dev took the chance of instamining of huge block like 512(which i got some too)
dev , if you wanna some premine ,thats ok for your hard work but you CANNOT FUCKING LIE to us using these trick ,plsI think you skipped this part
double dDiff = (double)0x0000ffff / (double)(nBits & 0x00ffffff);
/* fixed bug caused diff to not be correctly calculated */
if(nHeight > 4500 || fTestNet) dDiff = ConvertBitsToDouble(nBits);
the reward is still incorrect , dont tell me its darkcoin's fault
Why wouldn't it be? It is a direct copy of the darkcoin code.
alright, you win
Admitting directly copying the DRK code is like admitting to the planned acquisition of the majority of the coins, for months to come.
I respect a lot the post of the guy holding thousands and still condemning this conduct, it could be costing him some BTC's.
New algo's are really nice but I don't want to invest or mine coins that are hugely instamined because of the always imminent danger of the market crashing, not to mention heavy manipulation right from the start.
Crypto should be about fair distribution of wealth imo. If this coin succeeds the dev(s) will be filthy rich anyway with the premine and the early mining advantage.
In my opinion this could still be amended with a restart; it is in his/her/their interest also, if they are serious at least about continuing to be the developers and making the coin awesome (and being being filthy rich)
If they are gambling on pulling another DRK, good luck to them. The money they will make is coming out of the pockets of naïve traders and not from the awesome growth of crypto's towards mainstream adoption, which I hope to be part of, incidentally.
Btw, what other innovations will this coin bring except DRK-X11+X15=BBL ?
Somebody mentioned that being a copy of DRK would imply success, but as far as I know, but I could be wrong, the DRKnodes are still closed source, not copyable 1:1
And for the trolls: please refrain from comparisons to 3 year olds crying after 'having missed the train', it is diluting the discussion. Thanks