Topic: [ANN] non-profit Scrypt coin: MERELcoin - page 2. (Read 3361 times)

No problem... I'm planning on finishing all points in my OP, but since it's a non-profit project, it'll take a lot of time (i don't have any funds, so i'm doing it all myself, in my spare time)


Indeed, it is I've learned a lot about blockchains by this hands-on experience


Thank you  . Remember, this coin is not really meanth to go on exchanges... So i wouldn't trow a lot of hashing power towards it

Thank you for providing information on the progress.

Good luck with the project, I think it will be a great learning experience for you.

Low diff on this coin, no big miners a will mine a little

Well.... I'm still active, the blockchain is still moving,... It's up to you to make your own decission, but i'm going to keep this one moving...

Btw: i'm scripting my own webwallet right now, it'll be finished in about a week... Just like the rest of the coin, it'll be no-frills and basic, but functioning...

RIP

I got a PM asking my future plans for this coin, so i tought i would add them to the thread...

What IS on my planning:

• remove the last "bugs" from the sourcecode
• create a basic website
• create an android client
• create an online wallet
• create a paper wallet generator
• more or less follow litecoin's development

What is NOT on my planning:

• getting the coin on an exchange
• putting effort into promoting/monetizing this coin

The main goal still consists in a low-diff coin that has little or no monetary value, and can be used in-house, in-family or in-company, OR that can be used to educate OR to give new miners the feeling you can still mine some blocks without a big ASIC
Because it's not in the forseeable future to make any money from this coin, i cannot allocate a lot of my time towards development... Things will move slow, but the coin will be kept alive for a long time (i have an old gridseed laying around, gathering dust... So if the chain would stop moving, i'll put 300k scrypt hashrate towards it to get it moving again myself)

At the moment, more than 13.000 blocks have been mined, and the difficulty is really low: 0.003...

Personally, i hope they don't... It would defeat the purpose of this coin

I hope yobit will add this coin..

I did mentioned i premined for myself in the OP... It's non-profit, so there is no monetary incentive

Did not see you mention premined 2,000,000 coins ?
Is it for experiment also ?

MELER coin?

Lol... Okay, i'm not here to pick a fight... But just one thing: a sysadmin is not the same as a programmer....
I'm an AIX sysadmin, and i can honestly say the servers i controll are running smooth... Sure, my programming skills are not top-notch, but i find this remark insulting nevertheless...
Where, in the few lines i wrote do you jump to the conclusion i'm incompetent in my daytime job? Since you say you hope i'm never going to work in your organisation, i assume you're working for the NSA or something... Is it the fact that i merely cloned a coin, or in the fact you don't see fancy colors in the OP that made you angry at a guy releasing a quick not-for-profit coin???


Basically, because it was the original bitcoin clone... I tought about a POS coin, but in the end, the original idear of litecoin stuck in my head


Sure, you're probably right... The thing is: i tought it would have been a good idear to create a clone that was perfectly honest from the beginning: i will not try to get this coin on an exchange... Since about ALL other coins are just here to make a quick buck, i tought it would be neat to have a coin that you could use for small experimenting or for in-family use... I tought that a not-for-profit coin would keep people with big ASIC's away, and would leave a coin that was usable for the community...

It's up to you to decide if this was a good idear or not, and i respect your personal remarks... Even if i don't totally agree with them

You choose the time and place incorrect to launch an experiment,  If you are doing that you can do with help of  a couple of friends could be better choose. Now I have that mark its how dont approved.

If you are cloning anyway, why Litecoin...

I pray that I never have a "sysadmin" as incompetent as this working in my organization. I think maybe it is more an in-house sysadmin, meaning he is only the admin of his and his moms computers.

i'll look into that next time i edit the sourcecode... Poolmining  and in-wallet mining (setgenerate true) should work fine tough

thanks for the bugreport!

Miner won't connect to wallet...

Notice: my server (with the main node, the wallet and the pool) crashed today... Lost all my data  
I'll try to restore everything next week, hopefully i'll succeed, otherwise the project has to end here



Hi all,

Since i'm a sysadmin, i tought it would be funny to have a little coin for in-house usage... So i created MERELcoin.

The purpose of this coin is in-house, in-family, in-company usage OR you can use it to educate yourself, or show others the fundamentals of a blockchain... It is not my intention to get this coin on an exchange, it IS however my intention to make a full-featured package (more below)

Because it's a non-profit litecoin knockoff, i did a nice premine for myself... I think nobody will care as long as there weren't any monetary incentives I basically wanted some coins to give to my kid when she did her chores, and i didn't want to wait untill somebody with an ASIC makes it impossible to mine any coins for myself

It's a pure clone of Litecoin, NOTHING special was added... The maturity time and time between blocks was changed, also: the reward will drop signigicantly after block 10.000....

So, here are the links:

Download the wallets and nodes for windows and linux here:
http://www.merel.mobi/merelcoin/

A pool (first time running a pool... I make no guarantees about the uptime, usability, stability,....):
http://pool.merel.mobi/

A block explorer:
http://explorer.merel.mobi/rpcace.php

The sourcecode:
https://github.com/merelcoin/merelcoin

On online wallet (in eta, currently without nice GUI):
http://wallet.merel.mobi/login.php


New: There is now a (small) bounty in MEREL for the open tasks on my to-do list... I currently don't have much time, so i'm giving the community a chance to receive some MEREL by helping me
TODO:

• Remove the last litecoin icons (the installer still shows the litecoin icon) => 100 MEREL
• create a basic website => 2000 MEREL
• create a paper wallet generator => 3000 MEREL
• create an android wallet => 4000 MEREL
• create a mac wallet => 7000 MEREL

ps... I'm only online about 1-2 times/week... so don't panick if i don't keep an eye on this thread