Topic: [ANN] Gold Coin - Stronger, Faster, Tyrant Free - July 4, 2013 Independence Day (Read 5444 times)

You know what scares me about the fast block times?  A super bloated blockchain

I also wonder as far as the max coins, whether more (or less) is better.

To be clear, my post was filled with silliness, satire and sarcasm.  It was supposed to add some levity to the conversation.  Nevertheless, let's all make some money mining Bitcoins and Litecoins before the [LANGUAGE] difficulty goes up.

well, with all due respect your argument is not only ridiculous, but its invalid.

I agree with this post:


I can't necessarily agree with this other post.  Maybe I am biased, maybe its because I live in the liberal state of California, but in the professional environments that I work in, no one uses fowl language.  No one ever says [LANGUAGE], [LANGUAGE] or [LANGUAGE].  Although once the vice president said [LANGUAGE] in a meeting, and we were all like "what the [LANGUAGE], we don't speak like that to each other here."


[sarcasm]
Ultimately many of the alt coins are bitcoin redistribution schemes where the exchanges get a percentage for transferring bitcoins from one account to the other.  We could all save many megawatt hours by simply transferring bitcoins directly to each other using our own wallets.  My bitcoin address is below.  Thanks.
[/sarcasm]

This is all just getting silly.

no one gives a [LANGUAGE] about cusswords, so just get off your high horse already...

Great question! 

The last dev sold us the GLD domain for 1BTC because he did not have enough time to work on the project. He was not "kicked".



Then he was paid another 1BTC under the alias of Hyoshi for doing dev work for the community. Of course at the time we did not know that these two people were in fact a single individual using (at minimum) triple identities. Basically he was getting paid left and right while operating under different assumed names. Then while using this Hyoshi alias (he's also apparently thekidcoin) he again indicated in a public post that he didn't have time to to work on the project:

https://www.gldtalk.org/index.php?topic=63.msg923#msg923

It was after that statement that we realized for sure we needed to secure additional developers if we wanted a stable and reliable team. The good news is I now believe to know the real life identity of this individual who is being sought by other interested parties. I am currently refusing to participate in the prosecution of this individual but must admit my patience is wearing thin.

We have now assembled a solid reliable dev team of three professionals led my akumaburn and will be releasing a fork soon. The fork will fix several bugs including the litecoin alert, the client sync issue, and the coin generation bug. The fix will also reduce annual coin output and cap supply.

You can read more about the upcoming update here: https://www.gldtalk.org/index.php?topic=157.0

Rest assured we are working day and night for the betterment of this coin. Thank you and I hope this helps answer your questions.

He is not the boss ... Nobody is here the boss. We the community represent the coin and make it grow naturally. If you bring a good idea to the fork then I think micro guy will let it in the source. That what I see is that micro guy and some other started to support this coin and thats fine.

Exactly - no one should have control over a crypto currency.

The coin is garbage.  I said so within 1 week. LMAO.

GLD has a boss - and his a signing, drunken, delusional, and unstable man named "microguy"

You say community, I say cult.

As far as the name - the name is GLDCoin - I released it.  It was originally to be called Guild Coin.

Do yourself a favor, keep your GLD, hope its worth more than lint someday, and mine a real coin, with no master, no boss, and no limit.

Gold Coin will be a 360 from Guild Coin (GLDCoin)

You have created GLD and you have started it but you dont have control about a currency. The Code of GLD is open source like bitcoin and the others. There are now good supporters and the community grow slowly but grow and you want to control back the coin Please bring not another Gold Coin out there ! We have the first already and the community is growing and try to improve the code and the services for that coin. Now the network problems are fixed almost and the wallet and mining runs smoothly, so please give your ideas and your work into GLD and dont create a new Coin with the same name. The code is open source and everyone can support the coin who wants and bring services for GLD. So if you have better idea, then improve the coin and help and dont create another Coin with same Code and same Functions. GLD has no Boss anymore and thats fine, but the community grows and meet together.

Gold futures dictate gold value... Trust me on that fact buddy.  If I wanted to, I can take possession of gold at futures contract expiration at the expiration price.

http://www.cmegroup.com/trading/metals/precious/gold.html

Gold is on its way down, down, down.  I know know not one person long gold.  Anyone buying gold at this point is retail, or chasing.  Paper (meaning hedge funds, institutions etc) are all short gold.

Nice coin man. Love the reasonable block reward. anything over 50 is stupid. I'd like to see a block time around 40 seconds. And maybe a diff that adjusts every block, that way, you'll get around the early insta mine, but still be able to mine the genesis block quicker.
Oh, and very awesome avatar.
Fuck you, Microguy.

Go support MEC and stop your nonsense. Obvisouly you don't know what happened, you weren't there.
Why not enjoy the soon to be released coin and relax.
If this was released by another user you wouldn't complain as much.

ok...so the tons of changes are...
changed from Gold coin to Gold coin
Release Date: July 4th, 2013 12AM CST (The day Gold will be freed from its tyrannical leaders)
released about 60 days ago
Block time: Between 30 seconds and 2.5 minutes - Enough to minimize bloat and orphans
GLD_v.1 is 2.5 minutes
Number of coins: 76 million to commemorate the Independence of the USA in 1776
GLD_v.1 is a gazillion
Block Reward: Between 25 and 50, 1/2'd over time - depends on the block time
ok, difference here, for GLD_v.1 is a gazillion
Difficulty Re-target: Not Finalized, but optimized for today's coinchoose.com profitability based mining.  Want this coin to be fork free, and not susceptible to what some think are "attacks"
not finalized....
Starting Difficulty: Possibly 1 - though may have to use a system as was done with Nibble - have been trying to mine the genesis block for a few days now.
not finalized....
Client Sync Issues: None, all parameters, magic #'s, Signing Key, etc will be modified.
Pre-mine: 1 block of whatever the reward is (max of 50 coins) just to get things underway - This is a community coin - the community can fund giveaways, and bounties
no premine.

I see not much difference. Not trying to bust balls. I know you like the name and hate microguy. Doesn't mean people should like this coin.
Besides here's a direct quote from the gold coin thread on this site by gldcoin
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How the F*&* did a coin you created and call a pump and dump get corrupted by someone else? How was a pump and dump not a corruption in the first place?

Yeah the difference is GLDcoin was a pump and dump coin, which is now run by a lunatic tyrant.  I made $3800 in the first few days, bought all those coins back for under $1000, and now have double the coins I had originally.

Its my coin.  I released it.  I have 3 million GLD now - soon to be 0.  GLD has been corrupted.  GLD was never intended for 1 person to run it.

I created both coins, and Gold Coin will be run by the community, and Gold Coin will be free from lunatics.

Where is your "pumping" - didn't you tell me it was you and Fontas who pumped LTC?  I call bullshit.