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Topic: ## [ANN] New Altcoin | KeyCoin | MINERS NEEDED | 50 KEY block reward (Read 2357 times)

hero member
Activity: 994
Merit: 500
8,400,000,000,000,000 total coins just a tad bit insane. Delete the .git stuff and add it to your repo. Good luck with the coin

Code:
static const int64 MAX_MONEY = 8400000000000000;

that constant declaration does NOT determine the total supply amount. This is a very common misconception that, as far as I can tell, was started by a few people just assuming it was intended to be some magical limiter on the total coin supply due to the variable's name. From there it was published as such in various "how to clone your own altcoin" guides. But the actual usage of that constant is and has only ever been to set an upper limit on how many coins can be included in a single transaction.

I definitely agree that max money is not actual total supply, I just pointed out what its max money supply was (for all i know pow work could end at 1 mil coins and a pos rate of .01 annual). This number has nothing to do with premine etc as you stated, but dev's lack of responding, github and information says theres no need to look farther than the max money supply :p

Speak up dev, eyes move on threads like this.

I'd just like to see people stop referring to this value completely. Bitcoin has actually removed it entirely as they recognized how it has lead to unnecessary confusion. I've actually gotten in arguments with people insisting that it is a limiter to the coin's supply...which is insane, and just goes to show how little they understand.

Again, MAX_MONEY is only a definition of the absolute maximum number of coins that are allowed in a single transaction, disregarding any other limitations. Has nothing to do with supply, premine, total coins, etc. It is by all accounts arbitrary and rather useless as it comes secondary to the constraints of a block's size in bytes and/or the transaction fee limits.

Ahh see now I get what you are saying. I will make sure in the future to not refer to the value. I definitely appreciate the clarification and pointing out the that max_money has nothing to do with supply but transaction limitation.
hero member
Activity: 750
Merit: 500
8,400,000,000,000,000 total coins just a tad bit insane. Delete the .git stuff and add it to your repo. Good luck with the coin

Code:
static const int64 MAX_MONEY = 8400000000000000;

that constant declaration does NOT determine the total supply amount. This is a very common misconception that, as far as I can tell, was started by a few people just assuming it was intended to be some magical limiter on the total coin supply due to the variable's name. From there it was published as such in various "how to clone your own altcoin" guides. But the actual usage of that constant is and has only ever been to set an upper limit on how many coins can be included in a single transaction.

I definitely agree that max money is not actual total supply, I just pointed out what its max money supply was (for all i know pow work could end at 1 mil coins and a pos rate of .01 annual). This number has nothing to do with premine etc as you stated, but dev's lack of responding, github and information says theres no need to look farther than the max money supply :p

Speak up dev, eyes move on threads like this.

I'd just like to see people stop referring to this value completely. Bitcoin has actually removed it entirely as they recognized how it has lead to unnecessary confusion. I've actually gotten in arguments with people insisting that it is a limiter to the coin's supply...which is insane, and just goes to show how little they understand.

Again, MAX_MONEY is only a definition of the absolute maximum number of coins that are allowed in a single transaction, disregarding any other limitations. Has nothing to do with supply, premine, total coins, etc. It is by all accounts arbitrary and rather useless as it comes secondary to the constraints of a block's size in bytes and/or the transaction fee limits.
sr. member
Activity: 369
Merit: 250
So 30 block difficulty retarget time then if blocks are timed at 2 minutes and difficulty retarget is estimated at 60 minutes which then divided by 2 (For the 2 minute block times) equals 30 blocks.
hero member
Activity: 994
Merit: 500
8,400,000,000,000,000 total coins just a tad bit insane. Delete the .git stuff and add it to your repo. Good luck with the coin

Code:
static const int64 MAX_MONEY = 8400000000000000;

that constant declaration does NOT determine the total supply amount. This is a very common misconception that, as far as I can tell, was started by a few people just assuming it was intended to be some magical limiter on the total coin supply due to the variable's name. From there it was published as such in various "how to clone your own altcoin" guides. But the actual usage of that constant is and has only ever been to set an upper limit on how many coins can be included in a single transaction.

I definitely agree that max money is not actual total supply, I just pointed out what its max money supply was (for all i know pow work could end at 1 mil coins and a pos rate of .01 annual). This number has nothing to do with premine etc as you stated, but dev's lack of responding, github and information says theres no need to look farther than the max money supply :p

Speak up dev, eyes move on threads like this.
hero member
Activity: 750
Merit: 500
8,400,000,000,000,000 total coins just a tad bit insane. Delete the .git stuff and add it to your repo. Good luck with the coin

Code:
static const int64 MAX_MONEY = 8400000000000000;

that constant declaration does NOT determine the total supply amount. This is a very common misconception that, as far as I can tell, was started by a few people just assuming it was intended to be some magical limiter on the total coin supply due to the variable's name. From there it was published as such in various "how to clone your own altcoin" guides. But the actual usage of that constant is and has only ever been to set an upper limit on how many coins can be included in a single transaction.
sr. member
Activity: 406
Merit: 250
stopped at "scrypt" scypt is bad man, why people still make scrypt coin? they are unnecessary
sr. member
Activity: 448
Merit: 250
How to mine this???  Shocked Shocked Shocked Shocked
hero member
Activity: 912
Merit: 505
8,400,000,000,000,000 total coins just a tad bit insane. Delete the .git stuff and add it to your repo. Good luck with the coin

Code:
static const int64 MAX_MONEY = 8400000000000000;

Dev delete a few 0 and then maybe I'll mine this coin  Cool
hero member
Activity: 1484
Merit: 505
So you want us to test a coin that probably won't have any value and "entice" us with 10 coins out of so many so it hardly anything anyway even if it hit the exchange. What exactly are you trying to test ? What are you trying to do ? There is very little information and how do we know the wallet is ok ?

addnode= Huh?

65.78.69.2:9998


POOL HuhHuh?!!!
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
So you want us to test a coin that probably won't have any value and "entice" us with 10 coins out of so many so it hardly anything anyway even if it hit the exchange. What exactly are you trying to test ? What are you trying to do ? There is very little information and how do we know the wallet is ok ?

addnode= Huh?

65.78.69.2:9998

legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
8,400,000,000,000,000 total coins just a tad bit insane. Delete the .git stuff and add it to your repo. Good luck with the coin

Code:
static const int64 MAX_MONEY = 8400000000000000;
the supply of which is fantastic Smiley
I see this is nothing more than the previous altcoins has no future but on this thread it seems like they want us to test Smiley
sr. member
Activity: 784
Merit: 251
8,400,000,000,000,000 total coins just a tad bit insane. Delete the .git stuff and add it to your repo. Good luck with the coin

Code:
static const int64 MAX_MONEY = 8400000000000000;
"valorbit brother"  Grin Grin
hero member
Activity: 521
Merit: 500
Great concept.  White paper is an inspiration, not that whitepapers mean anything.
ocminer we need a pool for this. We are missing out.
Where is the concept?
hero member
Activity: 1204
Merit: 539
We need More information.I see on your first post is seems in a hurry and that is seriously about your Total supply Huh
hero member
Activity: 1484
Merit: 505
And how can that be Huh? Angry Solo doesn't work either

lol the coin must be broken. why bother?
have mining to do  Grin
legendary
Activity: 1059
Merit: 1020
https://twitter.com/JStuhlman
And how can that be Huh? Angry Solo doesn't work either

lol the coin must be broken. why bother?
hero member
Activity: 1484
Merit: 505
And how can that be Huh? Angry Solo doesn't work either
sr. member
Activity: 392
Merit: 252
no working nodes so cant build pool Sad

"version" : 80501,
    "protocolversion" : 70002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 0,
    "timeoffset" : 0,
    "connections" : 0,
    "proxy" : "",
    "difficulty" : 0.00024400,
    "testnet" : false,
    "keypoololdest" : 1479136247,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00010000,
    "errors" : ""
hero member
Activity: 1484
Merit: 505
hero member
Activity: 1484
Merit: 505
I created a new altcoin called KeyCoin (KEY)

Block Reward: 50KEY
Block Time: 2min
Retarget time: 60min
algorithm: Scrypt

Please download and test this out! Thanks!!

Note: If you can't connect, add a node: 65.78.69.2:9998

GIVING AWAY COINS FOR TESTING! PM me your address and I'll send 10KEY your way

Source (zip download):

https://mega.nz/#!iApiESQJ!LctmYRlcMp5P1UpqLCKiIGjU6V0MGB9ZLHs-YdxqyAs

Virustotal link:
https://www.virustotal.com/en/file/6330529420a232cf204ca86fa005c86a117563a0f2ca618c14957611d131c437/analysis/1479065158/

Download Link:
https://mega.nz/#!CZoSxDoA!FjW8YqdaCxZ6Kfq0A-uZmSNqPv8L3sJA5If8EjVkbWk
Pool?Huh?
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