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Topic: [ANN] Introducing Firecoin², an honest scrypt based coin. - page 35. (Read 34925 times)

full member
Activity: 130
Merit: 100
Lol I have 60 connections too, and 54 gray blocks. Lets find out who has the most gray blocks in first hour Smiley.
hero member
Activity: 504
Merit: 500
WTF???
Early on it is all network latency.  Hazard could mine with a TI 99/4 next to one of the seed nodes on the same LAN and get all the blocks

That is why every one of these "starting difficulty 0" coins is a scam.  The developer picks the hard coded nodes and can put a low end GPU right next to them and get *ALL* the initial blocks

This means that there can be no crypto which was not premined even BTC

Not that I'm asking for more crap coins. But a fair start could be had.

Start the difficulty at something reasonable. When LTC was made, there was no GPU miner. The difficulty was very low. So, set the difficulty to start at something where 10-20 GPU's can hit the target that the coin starts with.

For each of the difficulty changes (2016 blocks?) Double the coins. Start with 1 per block, double it until it increases to the desired amount, say 64 per block. You would have 6 difficulty changes, and the difficulty could then by 100 or more for an scrypt coin.

But of course, you can't scam a bunch of people if you actually try and make it fair.

If you really want to make it not a gigantic premine, maybe the first 10,000 blocks (still starting at the higher difficulty) should only be 1 coin blocks and you don't crank it up until pools are available and the open source code and binaries are available for all platforms.

Please no more alt coins.
full member
Activity: 224
Merit: 100
It sort of seems people are missing the point of this 'coin'. . . . It's a damn joke people!
hero member
Activity: 781
Merit: 501
Zero ofc, same as me... Since we get 0 blocks we must have 0 MHS Smiley.

only you not me, i have 60 connections in client  Grin
hero member
Activity: 756
Merit: 501
This means that there can be no crypto which was not premined even BTC
There could be. Have a look at Hazards new project, a coin whose block reward is based on roundtime. I guess this is just an exercise for him.  Grin
Also a dev could rent a few VPS all over the world as seednodes to atleast make chances the same for everyone. Or just set diff higher..
legendary
Activity: 980
Merit: 1000
Early on it is all network latency.  Hazard could mine with a TI 99/4 next to one of the seed nodes on the same LAN and get all the blocks

That is why every one of these "starting difficulty 0" coins is a scam.  The developer picks the hard coded nodes and can put a low end GPU right next to them and get *ALL* the initial blocks

This means that there can be no crypto which was not premined even BTC

Yes it does.  All you have to do is set the difficulty to a reasonable level.  No developer has chosen to do this yet because doing so would prevent the dev from being able to rape the coin in the beginning.  
Well to be fair it also makes finding the genesis block a pain in the ass.
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
Early on it is all network latency.  Hazard could mine with a TI 99/4 next to one of the seed nodes on the same LAN and get all the blocks

That is why every one of these "starting difficulty 0" coins is a scam.  The developer picks the hard coded nodes and can put a low end GPU right next to them and get *ALL* the initial blocks

This means that there can be no crypto which was not premined even BTC

Yes it does.  All you have to do is set the difficulty to a reasonable level.  No developer has chosen to do this yet because doing so would prevent the dev from being able to rape the coin in the beginning.  
hero member
Activity: 1395
Merit: 505
Oh sweet happiness you are forgiven, Hazard I just got a confirmed block of 200
sr. member
Activity: 462
Merit: 250
PXC Research Team
Early on it is all network latency.  Hazard could mine with a TI 99/4 next to one of the seed nodes on the same LAN and get all the blocks

That is why every one of these "starting difficulty 0" coins is a scam.  The developer picks the hard coded nodes and can put a low end GPU right next to them and get *ALL* the initial blocks

This means that there can be no crypto which was not premined even BTC
legendary
Activity: 980
Merit: 1000
This is is proving why "not premined" is complete bullshit when the difficulty starts at 0

Can't even imagine how much the CNC and FTC developers made before people knew the "fair start" was complete bullshit
That's also the point of this thread.
full member
Activity: 130
Merit: 100
Hazard, enough greed man if you want this coin to be a success turn off your miners now and let someone else get some blocks
No dont turn off miners, I never had so many gray coins in my life.
hero member
Activity: 1395
Merit: 505
This is is proving why "not premined" is complete bullshit when the difficulty starts at 0

Can't even imagine how much the CNC and FTC developers made before people knew the "fair start" was complete bullshit
legendary
Activity: 980
Merit: 1000
Hazard, enough greed man if you want this coin to be a success turn off your miners now and let someone else get some blocks
My miners have been off forever man.

Last block I found was under 1000. We're well over 6000 now.
hero member
Activity: 518
Merit: 500
FetherCoin2 Huh
Pathetic joke. Like ByteCoin.
hero member
Activity: 1395
Merit: 505
Hazard, enough greed man if you want this coin to be a success turn off your miners now and let someone else get some blocks
full member
Activity: 130
Merit: 100
10Mh here, how many % will i have LOL

/jk

Zero ofc, same as me... Since we get 0 blocks we must have 0 MHS Smiley.
legendary
Activity: 980
Merit: 1000
hero member
Activity: 781
Merit: 501
10Mh here, how many % will i have LOL

/jk
hero member
Activity: 1395
Merit: 505
Early on it is all network latency.  Hazard could mine with a TI 99/4 next to one of the seed nodes on the same LAN and get all the blocks

That is why every one of these "starting difficulty 0" coins is a scam.  The developer picks the hard coded nodes and can put a low end GPU right next to them and get *ALL* the initial blocks
donator
Activity: 2772
Merit: 1019
Hazard last night I was considering ignoring you considering the elacoin fiasco but decided against it since you seemed reasonable and possibly a victim.
But this is just silly and childish - so, ignoring you now.
It's supposed to be silly. It's poking fun at all these ridiculous crapcoins that bring absolutely nothing new to the table.

At least FC2 is 100% honest and doesn't claim to offer anything new Wink

hmmm. this wasn't clear to me.

In that case I salute you for making FC2, the most honest altcoin out there!
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