I like the philosophy behind protoshares, keyhotee, new mining algo's.. please dont get me wrong on this. there are just some fundamental flaws in the basics of this coin. It gives the developers a to much head start :-)
Can you please explain how this gives developers too much of a head start? I'm all ears. I'll assume you're talking about the premine for PTS and MMC 1.0... if so, you're simply not reading or you don't understand.
This coin was specifically designed to prevent anyone from getting a head start.. hence the issues. It might have been over tuned.
1. The way how PTS is implemented in the core feels wrong, this should have been done with a Proof of Stake to give people that where not involved with PTS not the feeling of a Premine.
2. MMC 1 was a Beta test and should stay a Beta test and not implement it in the actual genesis block.
3. 6% procent for the officers? Really? Dont they have enough PTS already?
4. Again, PTS should be implemented as a POS that gradually willbe released with the (lets say) first 5.000.000 coins (example, 0,2% released per block)
5. Block time is to high, better make it less with smaller reward.
6. 1 good point was the first 200 blocks but this can be better.. A slow steady grow (1-1-2-2-4-4 etc) untill the first 500 blocks.
Other point; i had trust in keyhotee but how this is managed i dont trust invictus to "handover" my identity in the future if keyhotee goes live one time...
good points about this release is that it uses a even more asic gpu proof algo but this makes it only interesting for power users.
in short, the idea is good but the implementation is horrible!!anyway, i know this coin is going to have value. i dont like to support it but for me this is also more then a game
lets clone this fucker
{
"blocks" : 444,
"currentblocksize" : 1191,
"currentblocktx" : 1,
"difficulty" : 0.00001154,
"errors" : "",
"genproclimit" : -1,
"hashespermin" : 5.32423373,
"pooledtx" : 1,
"testnet" : false
}
