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Topic: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept (Read 382879 times)

jr. member
Activity: 89
Merit: 4
Coins were premined and then partially burnt, could it be revived, I mean would websites and a miner do?

It still has a following.



A REAL premined coin could be made (premined coin and plus was not really premined because all the coins were not distributed).

To better distribute it and at the same time the method used by clam could be used. Any account with more than 0 bitcoins would receive premined coins.

The difference with clam coin is that clam coin didnt distributed all coins.

You would need to a get blockchain date before I posted this text here to avoid people spliting his coins at multiple accounts.

You could also filter wallets that gave money to wallet X and at some point of time wallet X gave money to this wallet, or other rules that try to filter accounts that are probably of the same user.


The mining could work like this:
You send account to place A.
At the start of the month (every 31 days, since the start of the coin, not from the time you placed the coin at place A), all coins at place B go back to circulation are are allowed to be mined, like the transaction fees, THEN all coins at place A goes to place B.

At all months other than the first, mining is based at coins you have at place B, at first month its based at coins at place A.
You can get back the coins at place A to your walled, but can't get back the coins at place B.

With this method of mining you have more coins to be mined than just transaction fees, you also have mining fees.
PS: All coins are send to place B at the start of the month, to people mine according to the same inflation.
hero member
Activity: 714
Merit: 500
y²=x3+ax+b, a=0,b=7
This coin was swapped to 2GIVE coins a while back and I am not sure the swapping service is still ongoing. PMC is dead for sure though.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
1ApWVwcXQ84ChBsnuD56W67j1KCou5y7Gf




me thanks  Smiley

this is being quoted to demonstrate this account is hacked
legendary
Activity: 1415
Merit: 1003
Bagholder. Hodling shit since 2014
sr. member
Activity: 728
Merit: 251
member
Activity: 114
Merit: 11
I honestly didn't think this would get any attention and haven't watched the forums for a response. What would you offer?

Anyone want to buy my PMC? I've got 1333.35900807 in my wallet. I'm selling the private key. Please PM offers.

How much? why are you sending the private key instead of sending the coins!
sr. member
Activity: 406
Merit: 250

this coin died long ago ... went to heaven, was reborn as Premine Plus, then died again, and went to hell ...
sr. member
Activity: 353
Merit: 250
Rimbit - No mining, just development
sr. member
Activity: 462
Merit: 250
Is this coin dead, or what's the status?

The coin is pretty much dead since it has been replaced by PMP. There was an opportunity to swap your old PMC coins to PMP coins but that opportunity is no longer available. Unfortunately, PMP's market cap isn't looking to healthy either according to the latest figures from CMC (link). Sad

Their new thread is here:

https://bitcointalksearch.org/topic/ann-pmp-premineplus-launch-new-features-oct-signup-free-distribution-673760
member
Activity: 117
Merit: 10
Is this coin dead, or what's the status?
newbie
Activity: 54
Merit: 0
Anyone want to buy my PMC? I've got 1333.35900807 in my wallet. I'm selling the private key. Please PM offers.

How much? why are you sending the private key instead of sending the coins!

If I had to guess, I'd say it's because there aren't enough nodes to sustain the network and keep transactions moving anymore. A couple of months ago, I decided to download some wallets of older altcoins and many of them refused to sync due to lack of available nodes. PMC is probably in the same boat seeing as though it has been replaced by PMP which has been out for many months now.

I guess you would have to mine it yourself until your coins moved if you wanted to send them to someone.
sr. member
Activity: 406
Merit: 250
Anyone want to buy my PMC? I've got 1333.35900807 in my wallet. I'm selling the private key. Please PM offers.

How much? why are you sending the private key instead of sending the coins!

If I had to guess, I'd say it's because there aren't enough nodes to sustain the network and keep transactions moving anymore. A couple of months ago, I decided to download some wallets of older altcoins and many of them refused to sync due to lack of available nodes. PMC is probably in the same boat seeing as though it has been replaced by PMP which has been out for many months now.
full member
Activity: 218
Merit: 102
Anyone want to buy my PMC? I've got 1333.35900807 in my wallet. I'm selling the private key. Please PM offers.

How much? why are you sending the private key instead of sending the coins!
member
Activity: 114
Merit: 11
Anyone want to buy my PMC? I've got 1333.35900807 in my wallet. I'm selling the private key. Please PM offers.
hero member
Activity: 770
Merit: 500
sr. member
Activity: 420
Merit: 250
hero member
Activity: 770
Merit: 500
Hi all, been away for ages could someone get me up to speed with what is going on?

Last I heard you were going to create PMC2 and then exchange it for PMC...this may have all happened already.

It is all true...

You can convert your PMC to PMP... also the first round of giveaways have happened...

How does one convert PMC to PMP?
check this thread:
https://bitcointalksearch.org/topic/ann-pmp-premineplus-launch-new-features-oct-signup-free-distribution-673760
hope it will help.

Is the swap really closed? I've got 1333 PMC I would like to swap.
I don't think it was closed ,but you need to ask the dev team of that thread PMP.
member
Activity: 114
Merit: 11
Hi all, been away for ages could someone get me up to speed with what is going on?

Last I heard you were going to create PMC2 and then exchange it for PMC...this may have all happened already.

It is all true...

You can convert your PMC to PMP... also the first round of giveaways have happened...

How does one convert PMC to PMP?
check this thread:
https://bitcointalksearch.org/topic/ann-pmp-premineplus-launch-new-features-oct-signup-free-distribution-673760
hope it will help.

Is the swap really closed? I've got 1333 PMC I would like to swap.
hero member
Activity: 770
Merit: 500
Hi all, been away for ages could someone get me up to speed with what is going on?

Last I heard you were going to create PMC2 and then exchange it for PMC...this may have all happened already.

It is all true...

You can convert your PMC to PMP... also the first round of giveaways have happened...

How does one convert PMC to PMP?
check this thread:
https://bitcointalksearch.org/topic/ann-pmp-premineplus-launch-new-features-oct-signup-free-distribution-673760
hope it will help.
hero member
Activity: 770
Merit: 500
Hi all, been away for ages could someone get me up to speed with what is going on?

Last I heard you were going to create PMC2 and then exchange it for PMC...this may have all happened already.

It is all true...

You can convert your PMC to PMP... also the first round of giveaways have happened...

How does one convert PMC to PMP?
check the OP in first page and there is detail for the convertion.
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