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Topic: [ANN] [N7] [NINJA] number7 [PoW] [NO IPO] [SECOND STEP] [YOBIT] - page 4. (Read 8489 times)

newbie
Activity: 56
Merit: 0
  • Algorithm:                            Scrypt

Meh.
I 2nd that.

We believe that a simple customer e.g. a merchant doesn't need neither some specific algo nor some interesting, but useless features like Proof of Burn. They need a simple and stable coin with vast and easy ecosystem, low fees and help with setup. This is what we're gonna do.

scrypt is bad because gpu miners will not touch this coin and will not pump it

That's true, but pumping and dumping is not our goal. We are aiming to create some crypto-payments infrastructure in Russia and EAU, so the price will be regulated by the real demand, not just market speculations.

BTW, the network has successfully adjusted for the computing powers of our miners, so it's running now 192 block on 2.71 difficulty.
sr. member
Activity: 406
Merit: 250
  • Algorithm:                            Scrypt

Meh.
I 2nd that.

We believe that a simple customer e.g. a merchant doesn't need neither some specific algo nor some interesting, but useless features like Proof of Burn. They need a simple and stable coin with vast and easy ecosystem, low fees and help with setup. This is what we're gonna do.

scrypt is bad because gpu miners will not touch this coin and will not pump it
newbie
Activity: 56
Merit: 0
Network successfully pushed. Block 186 and counting. We're adjusting the network.
newbie
Activity: 56
Merit: 0
    Algorithm:                              Scrypt
    Ticker:                                   N7
    RPC port:                                6094
    P2P port:                                6093
    Block reward:                          300 coins
    Height of block halving:             420000 blocks
    Total coin supply :                    270967742 coins
    Premine percent                       7%
    Maturity:                                 7 blocks
    Spacing:                                  7 minutes
    Target timespan:                      14 minutes
    Necessary confirmations:           7 blocks


You have a block time slower than the BTC snailchain. If you're making random adjustments in a copy paste coin anyway, why such a long block time...

We did already receive such feedback, we're working on it and adjusting it.
legendary
Activity: 1453
Merit: 1030
    Algorithm:                              Scrypt
    Ticker:                                   N7
    RPC port:                                6094
    P2P port:                                6093
    Block reward:                          300 coins
    Height of block halving:             420000 blocks
    Total coin supply :                    270967742 coins
    Premine percent                       7%
    Maturity:                                 7 blocks
    Spacing:                                  7 minutes
    Target timespan:                      14 minutes
    Necessary confirmations:           7 blocks


You have a block time slower than the BTC snailchain. If you're making random adjustments in a copy paste coin anyway, why such a long block time...
newbie
Activity: 56
Merit: 0

The premine is tooooooo high ....



The premine is only intended for promotion and development purposes. This is not much, taking into account total coin supply.
hero member
Activity: 594
Merit: 500
Blockchain entrepreneur✔

The premine is tooooooo high ....

newbie
Activity: 56
Merit: 0
  • Algorithm:                            Scrypt

Meh.
I 2nd that.

We believe that a simple customer e.g. a merchant doesn't need neither some specific algo nor some interesting, but useless features like Proof of Burn. They need a simple and stable coin with vast and easy ecosystem, low fees and help with setup. This is what we're gonna do.
legendary
Activity: 3164
Merit: 1003
newbie
Activity: 56
Merit: 0
link download windows ??   Wink

Download links are provided on the website https://number7.co

What's HPS?
I couldn't even send rented hash to a pool to get it unstuck. Difficulty adjustment is broken for sure.

I meant hashes per second. No worry, there's enough power in the network to push the chain shortly.
   IS IT WORKING

Of course, though we're having some difficulty issues, we're working on it.
Still stuck on block 185..

We are working on it guys, please, give us some time. Anyways, we're pushing the network with lots of computing power, as a temporary solution.
newbie
Activity: 56
Merit: 0
This will never work:

https://github.com/number7team/number7/blob/master/src/main.cpp#L1103-L1105

You cannot look at the last 14 minutes if you have 7 minutes block time for diff retargeting.. you have to have at least 10 blocks to get a decent average, so that would be 70 minutes in your case...

The diff retargeting will never work decently with these values.

Thanks for your feedback, we're already working on it.
the premine is huge (7%)
That's difficult to say this value is huge, actually, comparing to 20% colleagues here.
newbie
Activity: 4
Merit: 0
the premine is huge (7%)
sr. member
Activity: 504
Merit: 250
link download windows ??   Wink
legendary
Activity: 2688
Merit: 1240
This will never work:

https://github.com/number7team/number7/blob/master/src/main.cpp#L1103-L1105

You cannot look at the last 14 minutes if you have 7 minutes block time for diff retargeting.. you have to have at least 10 blocks to get a decent average, so that would be 70 minutes in your case...

The diff retargeting will never work decently with these values.
sr. member
Activity: 406
Merit: 250
you're wasting a chance for a good algo instead of scrypt shit algo, do decred clone instead or hodl clone
legendary
Activity: 966
Merit: 1001
Still stuck on block 185..
hero member
Activity: 618
Merit: 500
New Pool Number7

http://mineblocks.no-ip.org:2627/pool/N7/

--------------


Configure Your Miners

stratum+tcp://mineblocks.no-ip.org:3350 -u YOUR WALLET -p x

Happy Mining Smiley

Rewards : 7JKYngtKbAsiY5ALmQEccauAprnn8oMTdz

Answer me one question why you host only garbage coins on your pool , i didn't see any normal coin on your scam pool.Do you launch this retarded coins Huh?

1 nobody said you had to get in my pool

2 if I have shit in my pool is my problem

3 all you do is criticize so your life does not have to be great fun

4 nobody asked your opinion you can stick it in your ass

5 peace Smiley
hero member
Activity: 1904
Merit: 510
 :oso high difficulty
hero member
Activity: 851
Merit: 1000
Do You Even Onion Bro?
What's HPS?
I couldn't even send rented hash to a pool to get it unstuck. Difficulty adjustment is broken for sure.

I meant hashes per second. No worry, there's enough power in the network to push the chain shortly.
   IS IT WORKING
newbie
Activity: 56
Merit: 0
What's HPS?
I couldn't even send rented hash to a pool to get it unstuck. Difficulty adjustment is broken for sure.

I meant hashes per second. No worry, there's enough power in the network to push the chain shortly.
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