Topic: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept - page 254. (Read 382879 times)

not in germany

I agree with you!
What use various gambling websites if no one knows PMC. maybe it would be a good idea, if the developer could list the technical particularities of PMC in a white paper. PMC is a very interesting project and I think you should inform the public more about it.

Dice games are legal because we're playing with funny money

An exchange like  coinmarket.io would get the attention needed to get more services set up. I've launched my store and willl accept premine!  I hope others follow=)
whats the legality of a dice game in the US? maybe ill set one up =)

I do agree with that. I watch some people dump off coins on poloniex at times and just shake my head. 

This coin could be improved with Proof of Stake.

Just setting up a slight amount of infrastructure will make a transition to bigger exchanges easier. I think a dice site is a good idea to increase transactions.

There is alway the question: Get value first, so we can pay people less PMC for bounties. Or get services, then gain coin value for having infrastructure.

I'm just scared the price of the coin is too low and someone could slowly buy 30k PMC if they wanted.

So that the coin finds attention, it is a necessary condition that PMC is listed on coinmarketcap. That will only go if the market capacity is increased. I think this will be possible only on a larger exchange. But I'm no expert.

Please allow me to clarify a few things: There is some mis-information about PMC out there that needs to be addressed. Firstly is this: PMC is NOT a scrypt coin, PMC is SHA-256! As PMC starts showing up on crypto related sites it is listed as scrypt on most of them. This is not the case, so if you are trying o mine PMC with a scrypt miner, you are doing it wrong. The second issue is TX fees. There is some incorrect information out there claiming that TX fees are free on the PMC network. This is not true. TX fees are only free on transactions that are inside empty or small sized blocks. The network enforces a fee based on the size of the block. There will not be a wallet release addressing transaction fees until the coin has greater transaction volume and we are able to get a more complete picture of the average TX fee on the network when it is operating at higher capacity. Fees are being manually injected into almost every block, and the team has ample funds to continue to do this indefinitely. If you are concerned that the fees for miners are not enough, feel free to add a fee. But be aware that even though you may set your wallet to 0.00 fees, that doesn't necessarily mean every transaction will be free. Third and finally. While we would not be upset to see PMC on a larger exchange, this isn't exactly a priority of the DEV team. We would much rather see other types of services like lottos, wheels, and dice. In short, we would like to see services that generate more transactions per block and create miners fees more than we would like to see a big exchange pick up the coin. Don't take it the wrong way, we understand that this is a speculative market and that many of our users view this as an investment. We would like to see PMC be profitable for you all, but the team is more committed to doing what is best for the coin overall.

We are waiting...

Did I miss the wallet release or are we still waiting =)

Nearly gave me a heart attack there! Largest I've seen is 5k. Typical stake of a very early adopter.

Could also be multiple people placing the orders on the key level.

Sent Donation.. you did a good job promoting PMC.

Yeah... Just about to say I've been watching Poloniex too and never saw an order that big.

I'll be scared if an order that large comes out (someone controlling that much of PMC)... I'm not speculating on this until there is more volume. Just a currency to faucet and give until it becomes stable enough to figure out its value.

My bad, Poloniex reverted to NXT for some reason...

I most of the time follow the orders at Poloniex. The largest sell order that i have seen was 10k+. I was away the last few hours though. Could have missed it, but it is unlikely that there was such order.

You get to select whatever you like, here is a detailed setup guide. http://preminecoin.cryptotycoons.com/forum/index.php?topic=46.0

Nice write-up! Tweeted it for you. Best wishes on the blog.
   

created premine.conf what user/pw i use ?