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Topic: [ANN] Elacoin | Released | Fair Elastic Scrypt Mining | No Premine - page 82. (Read 133952 times)

full member
Activity: 168
Merit: 100
Milkshake, please, pay attention to this post.

Would be much-much better, if you post all clients/wallets 5-10 minutes before first genesis block starts. This will made impossible to have a distinct advantage of you as a creator and all your group of friends. Because if you start genesis block and write a message with links to wallets/clients - when others prepare their systems to mine you and your company will dig as a crazys because of no competitors to you.
Another important detail to others - is peer/nodes distribution. As i seen on all previous coins for that week - first nnnnn blocks are hard to mine by community because of lags, even that peoples have a very large hashpower. Starting blocks and difficulty makes huge hashpower useless against lags. So you need to start nodes all around the world to be the honest (i suppose that downloaded and started wallets in prepare-mode will be enough to make net of distributed peers).

First - give others mining instruments/clients, second - give others the opportunity to compete in equal conditions, third - launch genesis block.
Then your coin can be successful. In opposite - this coin will be as others dump&pump&die-coins.
Good luck.

PS: i think i will be out of competition because of other side of planet and too big pings (55-300ms). It's fatal.
Genesis block hash must be included in wallet binary, so there is no way to "post all clients/wallets 5-10 minutes before first genesis block starts".
Учи мaтчacть :3
newbie
Activity: 42
Merit: 0
sr. member
Activity: 294
Merit: 250
Devianttwo, pool is so messy I can't even understand what's the right host:port. Could you please clarify?

Updated the page. Thats what happens when you copy past Web files from PWC to ELC.  I forgot to update the index page but the get started page has always been correct.

The following error shows up everywhere, is it normal?  "Notice: Undefined variable: totalOverallShares in /var/www/elc/statsAuth.php on line 296"

Thats an error on the ELC page. its because ELC isn't released yet!
sr. member
Activity: 336
Merit: 250
@spiderJ : your 14 seconds faster than me. Tongue
full member
Activity: 140
Merit: 100
If I understand it correctly, it shouldn't matter when you start mining, since the block reward is directly related to network hashrate, right?

If this is the case, would this coin then not be incredibly inflated as soon as big miners start mining it? I mean the amount of coins would grow exponentially.

I think you r right.
newbie
Activity: 42
Merit: 0
How many hours, please tell me
Timer removed. End time: 2013-05-14+6:00:00UTC

Lets quote this post on every page. Tongue
newbie
Activity: 28
Merit: 0
How many hours, please tell me
newbie
Activity: 28
Merit: 0
Devianttwo, pool is so messy I can't even understand what's the right host:port. Could you please clarify?

Updated the page. Thats what happens when you copy past Web files from PWC to ELC.  I forgot to update the index page but the get started page has always been correct.

The following error shows up everywhere, is it normal?  "Notice: Undefined variable: totalOverallShares in /var/www/elc/statsAuth.php on line 296"
sr. member
Activity: 294
Merit: 250
Devianttwo, pool is so messy I can't even understand what's the right host:port. Could you please clarify?

Updated the page. Thats what happens when you copy past Web files from PWC to ELC.  I forgot to update the index page but the get started page has always been correct.
newbie
Activity: 55
Merit: 0
If I understand it correctly, it shouldn't matter when you start mining, since the block reward is directly related to network hashrate, right?

If this is the case, would this coin then not be incredibly inflated as soon as big miners start mining it? I mean the amount of coins would grow exponentially.
full member
Activity: 196
Merit: 100
1k of this new coin for 2LTC call it Roll Eyes
full member
Activity: 149
Merit: 100
I too will purchase Elacoin when you miners start accumulating. I have no mining gear yet and want in on the fun! PM me when you want to offload some for some LTC  Cool
legendary
Activity: 1106
Merit: 1001
Milkshake is supposed to be a Troll, look at his Free 30ghash BFL ASIC MINER


https://bitcointalksearch.org/topic/m.2130991
full member
Activity: 224
Merit: 100
Milkshake, please, pay attention to this post.

Would be much-much better, if you post all clients/wallets 5-10 minutes before first genesis block starts. This will made impossible to have a distinct advantage of you as a creator and all your group of friends. Because if you start genesis block and write a message with links to wallets/clients - when others prepare their systems to mine you and your company will dig as a crazys because of no competitors to you.
Another important detail to others - is peer/nodes distribution. As i seen on all previous coins for that week - first nnnnn blocks are hard to mine by community because of lags, even that peoples have a very large hashpower. Starting blocks and difficulty makes huge hashpower useless against lags. So you need to start nodes all around the world to be the honest (i suppose that downloaded and started wallets in prepare-mode will be enough to make net of distributed peers).

First - give others mining instruments/clients, second - give others the opportunity to compete in equal conditions, third - launch genesis block.
Then your coin can be successful. In opposite - this coin will be as others dump&pump&die-coins.
Good luck.

PS: i think i will be out of competition because of other side of planet and too big pings (55-300ms). It's fatal.

+1

To ensure no 'premine whining' you need to post and verify all source for Win/Linux etc. At least 10 min before genesis block goes online.
full member
Activity: 196
Merit: 100
Devianttwo, pool is so messy I can't even understand what's the right host:port. Could you please clarify?
sr. member
Activity: 357
Merit: 250
hero member
Activity: 636
Merit: 500
waiting to see, hope not some malware in it
sr. member
Activity: 294
Merit: 250
hmm

So should I launch a stratum mining pool for this coin?

If there are enough people interested I might open a pool for this coin.

Yes you should and I'll join the moment you lauch, if your fee is not over 5% and you take managing it seriously Smiley

I'll also join the pool if its less then 5%

I droped the fee to 1%.  I still however would like someone to add me on skype & deviant-fragcorner to help me resolve something
I noticed when PowerCoins first came out that some of the blocks where not paying users, I guess it was going to fast, so I need some help making sure I DONT HAVE THIS HAPPEN AGAIN! Manually paying out users is a bitch!
full member
Activity: 140
Merit: 100
WOW SUCH COIN
hmm

So should I launch a stratum mining pool for this coin?

If there are enough people interested I might open a pool for this coin.

Yes you should and I'll join the moment you lauch, if your fee is not over 5% and you take managing it seriously Smiley

I'll also join the pool if its less then 5%
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