Topic: [ANN] [PXI] PRIME-XI | Digital Currency | Fast Transactions | Anonymous Network - page 53. (Read 167204 times)

scam coin?

thanks for the people who sent me coins 

Good news tonight
Prime-XI network hash rate has tripled tonight to over 400 mhs.

+1

I've been shying away from the coins I see launching with 1-2day even 1 week POW, screams that the dev will run off with earnings since they only have to wait a day or two.

With the drawn-out POW of this coin I'll give it a go and mine

Because of its interface is Chinese, because China coin die quickly!
I can't dig Chinese coin.
https://bitcointalksearch.org/topic/pxi-prime-xi-x11-pow-703006  Here said the release time is in 2014-07-25

I am not sure why but I compiled the wallet and started my single 7970 on it, i was able to hit a block after about 25 minutes

difficulty .385 x11 block height 13,000+

5 coins a block

source shows no evidence of premine , doubtful it is hidden since appears basic clone

short block times, appears to use dark gravity wave difficulty retarget (or variation of I only glanced over it)

in main.h....  MAX_MONEY = 100000000 * COIN;

100 million , 5 at a time every 25 seconds no halving.   lets say 2 blocks a minute to make the math simple

600  coins an hour, 14,400 coins a day

Assuming it lasts it could run 19 years.......

I like no premine and the fact that the block award is even but it 'appears' based on the loading of the blockchain and the times/dates listed here in the forum someone got a little head start..... still a pretty small amount of coins considering

With all the garbage I see blowing around here, I will say this at least has some fairness to the award model as a clone.....

Others should take note ---

If all your coins are mined in a week, or 50% of your coins are mined in a month it is hard to ever say you expect anything more than a pump and dump.  I have nothing to do with this coin and am not endorsing it or anything.  Just commenting that it has a much more fair and reasonable reward system than most of the junk nowdays. 

What will come of it ?  Who knows,  If anyone wants it , Here is the wallet I built:

https://drive.google.com/file/d/0B-eDDHZG3n6dNTh6bm83VGQwNWM/edit?usp=sharing

mgw 4.6.2  and boost 1_53_0 used since that was what I had set up on the project I was testing at the time I stumbled across this.

here is the virus total (i imagine false positives  but never any guarantee there) of my compiled wallet.

Bkav    HW32.Laneul.aeak    20140723
ESET-NOD32    a variant of Win32/BitCoinMiner.BJ    20140724

2 detections



I suggest to the developers you checkpoint it , short block times are prone to forks and while difficulty is still pretty low if anyone starts to hit it hard it may not hold together .....with the short block times....

getblockhash 13000 (looks like an ok block to use no timing issues on blocks before or after I saw)  , (note I did not checkpoint the wallet I built)

00000001bbe6d8282ac2dab2fe119fa34b64351ff31a22358f99fe52cf51641c

make line 51 of checkpoints.cpp this (  13000, uint256("0x00000001bbe6d8282ac2dab2fe119fa34b64351ff31a22358f99fe52cf51641c"))

move all other lines down one

I am https://twitter.com/cinnamon_carter

If anyone feels this helped them toss me a few since I have ceased mining and am back doing the research I was earlier !!

PRmuyVdoZ42Fp99NGUaDCbizkAMNWiy3fP

Welcome and happy mining.

not too interesting but maybe I'll mine if there isn't anything else going on

I'm Canadian. The coin is world wide, mining pools are in EU, CHINA, AMERICA, AUSTRALIA. I had a guy translate the thread to Chinese for the Chinese bitcointalk forum.  Why would you say its a Chinese coin? If you know chinese, there is a open position for responding back to people on that thread.

Welcome Happy Mining

The developer is which country?
The purse is Chinese, I think this coin is Chinese.
 
There is now trading platform?

I bet it's negative

Yeah, why do you ask? I hope its positive.......

dev, is your age more than 15?

Don't forget Mac Wallet!
Mac users have money ...

This LEDs. 00's fashion.

Please its not needed on every thread that releases a new coin.
Sorry its not a pump&dump at first launch, and read my reply to cryptojohns post

AMEN!!!