[ANN] MemoryCoin | CPU Coin | Paid Dev Team | Limited Supply [MMC] - page 83.

FaSan

hero member

Activity: 658

Merit: 502

Quote from: combo on December 16, 2013, 08:52:58 PM

What do you mean "without space"?
i did enter the address without any space after or before yet it returns
"Content Encoding Error" or a blank page!!??

To me working fine.

combo

full member

Activity: 196

Merit: 100

Quote from: GreekBitcoin on December 16, 2013, 08:16:57 PM

Quote from: combo on December 16, 2013, 08:13:42 PM

Quote from: Snard on December 16, 2013, 05:58:10 PM

I have a block explorer up for MemoryCoin. It can be found here:

http://www.chainbrowser.com/memorycoin/

Have a few more cosmetic things to add, but thought it would be useful for now.

Does the search address function works ?
i can't get it working or there is something wrong?
thank you.

try without space as last character

What do you mean "without space"?
i did enter the address without any space after or before yet it returns
"Content Encoding Error" or a blank page!!??

super3

legendary

Activity: 1094

Merit: 1006

Quote from: MessyCoin on December 16, 2013, 08:40:14 PM

Quote from: FreeTrade on December 14, 2013, 06:14:55 AM

~1.12% - ProtoShares Holders
ProtoShares owners as at Block 32000 will receive a distribution at a rate of 1 MMC for each 10PTS. With around 1 Million PTS issued, there will be 100,000MMC distributed in this way, and PTS owners will cumulatively have a 1% stake in MemoryCoin at launch. You can import your balance by using your ProtoShares wallet with MemoryCoin. It is recommend that you transfer your balance to a fresh MemoryCoin wallet after import.

Does the memorycoin client download the PTS blockchain in order to do this? Hoping that someone can please explain how this works. Thanks

Before release he gathered all the values of all the PTS addresses(public keys) at block 32000. These were then all honored in the genesis block of MMC. So basically you have the private key to those public keys listed in the MMC genesis block. Just import the keys from your PTS stash, and ta da MMC gives your coins.

super3

legendary

Activity: 1094

Merit: 1006

Quote from: x0rcist on December 16, 2013, 08:19:03 PM

So in short, here the mistakes with this coin

1. PREMINE
2. Difficulty to high
3. Block Time vs. Reward
4. No pools or proper implementation of miner.

in other words; the coin was 100 times better if the block time was faster, there was a slow raising reward system, proper distribution for protoshare holders (POS?), no premine for the developers.

THIS COIN IS MADE ONLY FOR THE BENEFIT OF THE DEVELOPERS WALLET!!

1. No premine. Old users of the memorycoin v1 were honored, and protoshares holders. Nothing was actually mined.
2-3. If it was too low you would be complaining that the botnets were taking over the coin.
4. Soon

MessyCoin

sr. member

Activity: 458

Merit: 250

Quote from: FreeTrade on December 14, 2013, 06:14:55 AM

~1.12% - ProtoShares Holders
ProtoShares owners as at Block 32000 will receive a distribution at a rate of 1 MMC for each 10PTS. With around 1 Million PTS issued, there will be 100,000MMC distributed in this way, and PTS owners will cumulatively have a 1% stake in MemoryCoin at launch. You can import your balance by using your ProtoShares wallet with MemoryCoin. It is recommend that you transfer your balance to a fresh MemoryCoin wallet after import.

Does the memorycoin client download the PTS blockchain in order to do this? Hoping that someone can please explain how this works. Thanks

ps: Have been mining 24 hours ~25hps using cloud but no luck. If anyone can donate a few please send to: MFf4sd1y8cPo85tDYNnGhJ1jyx4NTvvTYW

TheMightyX

sr. member

Activity: 350

Merit: 250

Vires in Numeris

Quote from: bidji29 on December 16, 2013, 07:47:01 PM

So :

First there is a 7.3% premine.
Then, 5% more go to the 5 Memorycoin officers.
(1% each. Every officer get 2.8 coin/block, just by being officer)

That's a lot of coins who are not mined by the network/people.

Do they actually get 2.8 MMC every time a block is found?
Isn't it taken out of the premine?

Also, something about this whole system seems shady.
There was a vote, but only people holding previous memory coins could vote?
Also two of the people got two positions... so they get twice the number of coins for doing nothing?

With people valueing these coins at .02 or .03 BTC each, these folks get 200,000 MMC each, with a value of 4000-6000 BTC....

Wait what?

x0rcist

full member

Activity: 238

Merit: 100

So in short, here the mistakes with this coin

1. PREMINE
2. Difficulty to high
3. Block Time vs. Reward
4. No pools or proper implementation of miner.

in other words; the coin was 100 times better if the block time was faster, there was a slow raising reward system, proper distribution for protoshare holders (POS?), no premine for the developers.

THIS COIN IS MADE ONLY FOR THE BENEFIT OF THE DEVELOPERS WALLET!!

IsaacGoldbourne

member

Activity: 112

Merit: 10

Looking to start various enterprises

Successfully mined two block last night.

I am currently running for CEO, please see my post https://bitcointalksearch.org/topic/m.3982946 and if you feel I am up to the job send 1 satoshi to MVTEceoa86dYRsxc2rWCexBMjJmaawMkHZ

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: combo on December 16, 2013, 08:13:42 PM

Quote from: Snard on December 16, 2013, 05:58:10 PM

I have a block explorer up for MemoryCoin. It can be found here:

http://www.chainbrowser.com/memorycoin/

Have a few more cosmetic things to add, but thought it would be useful for now.

Does the search address function works ?
i can't get it working or there is something wrong?
thank you.

try without space as last character

combo

full member

Activity: 196

Merit: 100

Quote from: Snard on December 16, 2013, 05:58:10 PM

I have a block explorer up for MemoryCoin. It can be found here:

http://www.chainbrowser.com/memorycoin/

Have a few more cosmetic things to add, but thought it would be useful for now.

Does the search address function works ?
i can't get it working or there is something wrong?
thank you.

Stinky_Pete

hero member

Activity: 560

Merit: 500

Quote from: FreeTrade on December 14, 2013, 06:14:55 AM

Premine

~6.2% - MemoryCoin Beta
All balances from the original MemoryCoin as at block 8820 are transferred into the new blockchain at Block 1. MemoryCoin 2.0 has 10 million coins so there is a significant dilution. This dilution does not apply to MCF supporters. You can import your balance by using your old wallet with the new blockchain.

Is this right? -
I save my current wallet, drop my old MemoryCoin wallet into the folder with the current blockchain, and start the coin again. Then what, how do I combine the two wallets?

paulthetafy

hero member

Activity: 820

Merit: 1000

Actually I'm not clear exactly what % goes to the officers. I think it's only 1%.... 1/5th of a block reward every 20 blocks...

thehashman

member

Activity: 105

Merit: 10

Any word on when a pool will be setup? I am having crummy luck solo mining.

wakasaki808

sr. member

Activity: 476

Merit: 500

Quote from: paulthetafy on December 16, 2013, 07:58:08 PM

Quote from: wakasaki808 on December 16, 2013, 07:52:43 PM

Quote from: bidji29 on December 16, 2013, 07:47:01 PM

So :

First there is a 7.3% premine.
Then, 6% more go to the 6 Memorycoin officers.
(1% each. Every officer get 2.8 coin/block, just by being officer)

That's a lot of coins who are not mined by the network/people.

No...Unless I misunderstood what you said. There is only 7.3% pre-mine but it goes to owners of either the original MemoryCoin 1.0, or at a 10 PTS to 1 MMC ratio for ProtoShares.

There is a total premine of ~7.3% distributed over a wide range of addresses, comprised of two parts,
~6.2% - MemoryCoin Beta
All balances from the original MemoryCoin as at block 8820 are transferred into the new blockchain at Block 1. MemoryCoin 2.0 has 10 million coins so there is a significant dilution. This dilution does not apply to MCF supporters. You can import your balance by using your old wallet with the new blockchain.

~1.12% - ProtoShares Holders
ProtoShares owners as at Block 32000 will receive a distribution at a rate of 1 MMC for each 10PTS. With around 1 Million PTS issued, there will be 100,000MMC distributed in this way, and PTS owners will cumulatively have a 1% stake in MemoryCoin at launch. You can import your balance by using your ProtoShares wallet with MemoryCoin. It is recommend that you transfer your balance to a fresh MemoryCoin wallet after import.

Yep what you have quoted above is the premine. Then additionally 6% of all new minted coin goes to the the 6 officers, 1% each. I think that's what bidji is saying, which is what I understood to be the case too.

oh...didn't know about the additional pre-mine.

paulthetafy

hero member

Activity: 820

Merit: 1000

Quote from: wakasaki808 on December 16, 2013, 07:52:43 PM

Quote from: bidji29 on December 16, 2013, 07:47:01 PM

So :

First there is a 7.3% premine.
Then, 6% more go to the 6 Memorycoin officers.
(1% each. Every officer get 2.8 coin/block, just by being officer)

That's a lot of coins who are not mined by the network/people.

No...Unless I misunderstood what you said. There is only 7.3% pre-mine but it goes to owners of either the original MemoryCoin 1.0, or at a 10 PTS to 1 MMC ratio for ProtoShares.

There is a total premine of ~7.3% distributed over a wide range of addresses, comprised of two parts,
~6.2% - MemoryCoin Beta
All balances from the original MemoryCoin as at block 8820 are transferred into the new blockchain at Block 1. MemoryCoin 2.0 has 10 million coins so there is a significant dilution. This dilution does not apply to MCF supporters. You can import your balance by using your old wallet with the new blockchain.

~1.12% - ProtoShares Holders
ProtoShares owners as at Block 32000 will receive a distribution at a rate of 1 MMC for each 10PTS. With around 1 Million PTS issued, there will be 100,000MMC distributed in this way, and PTS owners will cumulatively have a 1% stake in MemoryCoin at launch. You can import your balance by using your ProtoShares wallet with MemoryCoin. It is recommend that you transfer your balance to a fresh MemoryCoin wallet after import.

Yep what you have quoted above is the premine. Then additionally 6% of all new minted coin goes to the the 6 officers, 1% each. I think that's what bidji is saying, which is what I understood to be the case too.

wakasaki808

sr. member

Activity: 476

Merit: 500

Quote from: bidji29 on December 16, 2013, 07:47:01 PM

So :

First there is a 7.3% premine.
Then, 6% more go to the 6 Memorycoin officers.
(1% each. Every officer get 2.8 coin/block, just by being officer)

That's a lot of coins who are not mined by the network/people.

No...Unless I misunderstood what you said. There is only 7.3% pre-mine but it goes to owners of either the original MemoryCoin 1.0, or at a 10 PTS to 1 MMC ratio for ProtoShares.

There is a total premine of ~7.3% distributed over a wide range of addresses, comprised of two parts,
~6.2% - MemoryCoin Beta
All balances from the original MemoryCoin as at block 8820 are transferred into the new blockchain at Block 1. MemoryCoin 2.0 has 10 million coins so there is a significant dilution. This dilution does not apply to MCF supporters. You can import your balance by using your old wallet with the new blockchain.

~1.12% - ProtoShares Holders
ProtoShares owners as at Block 32000 will receive a distribution at a rate of 1 MMC for each 10PTS. With around 1 Million PTS issued, there will be 100,000MMC distributed in this way, and PTS owners will cumulatively have a 1% stake in MemoryCoin at launch. You can import your balance by using your ProtoShares wallet with MemoryCoin. It is recommend that you transfer your balance to a fresh MemoryCoin wallet after import.

paulthetafy

hero member

Activity: 820

Merit: 1000

Quote from: bidji29 on December 16, 2013, 07:47:01 PM

So :

First there is a 7.3% premine.
Then, 6% more go to the 6 Memorycoin officers.
(1% each. Every officer get 2.8 coin/block, just by being officer)

That's a lot of coins who are not mined by the network/people.

Yeah that realisation is the last straw for me. I've been holding off mining until block reward went up and diff algo was sorted, but this really is pointless now. Too much coin already out there, too difficult to mine new coin. When/if it hits an exchange the price will be pretty low I think.

nitrazepam

newbie

Activity: 20

Merit: 0

Difficulty soaring.

The analogy of the elliptic orbit is good.
i got another one. its like a tidal wave.
i hope to find some gold when water retreat.

------------------------------------------------------
MSu8NSAdXGHaAiQ7VoQqn1EhYzCvPTiayz

bidji29

sr. member

Activity: 392

Merit: 250

So :

First there is a 7.3% premine.
Then, 5% more go to the 5 Memorycoin officers.
(1% each. Every officer get 2.8 coin/block, just by being officer)

That's a lot of coins who are not mined by the network/people.

drizzle2405

legendary

Activity: 1148

Merit: 1000

Help a brotha out! Anyone handing out some coin?

MT62pS7eGGw6jQssrJbwpSBdWvRnzwhfJb

Topic: [ANN] MemoryCoin | CPU Coin | Paid Dev Team | Limited Supply [MMC] - page 83. (Read 281383 times)