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https://bitcointalksearch.org/topic/ann-sevencoin-very-raresha256old-asicsolo-miningno-poolsbounties-652329
Topic: [ANN] SevenCoin [Very Rare][SHA256][OLD ASIC][SOLO MINING][NO Pools][BOUNTIES] (Read 5148 times)
June 14, 2014, 02:48:29 PM
June 12, 2014, 09:43:39 AM
I'm sorry guys, Yesterday I've crash my car and goin to the hospital. Nothing bad, but check myself, talk with police and more and I've lost all day.
I move the lunch on monday 16/06 at 19 GMT.
1. thank you
2. it's true. but if you calc like this, you have to do it for all coins too. Bitcoin is 21Milions * 10 Milions of satoshis (Totally 210Milions of coins)
3. true, but who will spam the network with a full block reward ? We will see how much value will be one sat of SevenCoin. I'm sure people will like more to hold this then use for spam.
monday 16/06 at 21 GMT. Sorry
I move the lunch on monday 16/06 at 19 GMT.
- The idea of pool resistance due to indivisible block rewards is novel, I'll give you that one.
- The rarity isn't really there, 42 coin did something similar in that regard. Technically there will be 700 million 'coins'.
- No TX fees allows people to DDoS the chain with spam, even a 1 satoshi fee would prevent that but it's tough when that's a whole block reward.
- Where's the wallet??
1. thank you
2. it's true. but if you calc like this, you have to do it for all coins too. Bitcoin is 21Milions * 10 Milions of satoshis (Totally 210Milions of coins)
3. true, but who will spam the network with a full block reward ? We will see how much value will be one sat of SevenCoin. I'm sure people will like more to hold this then use for spam.
monday 16/06 at 21 GMT. Sorry
June 11, 2014, 09:16:14 PM
- The idea of pool resistance due to indivisible block rewards is novel, I'll give you that one.
- The rarity isn't really there, 42 coin did something similar in that regard. Technically there will be 700 million 'coins'.
- No TX fees allows people to DDoS the chain with spam, even a 1 satoshi fee would prevent that but it's tough when that's a whole block reward.
- Where's the wallet??
June 11, 2014, 09:06:48 PM
decent idea. added this coin to my june 2014 report - http://fuk.io/june-2014-report-best-altcoins-and-cryptocoins-to-mine-and-invest-in-right-now/
the blog has 1300+ email subscribers and loads of nonsubscribed readers.
when is the launch so i can get the bounty?
the blog has 1300+ email subscribers and loads of nonsubscribed readers.
when is the launch so i can get the bounty?
June 11, 2014, 06:47:32 PM
from the "LAUNCH on 11/06/2014 at 14:00 GMT" but no wallet.
Am I living in the future ?
Am I living in the future ?
June 11, 2014, 06:37:24 PM
I don't get it. Please explain.
If the blocks are indivisible does that mean only 7 lucky people will end up with a block of 1? So say 30 people are mining then you would not get any reward for all your time unless you get lucky and hit a block with 1 coin in it?
I just do not get it. Feels like I would be wasting my time?
If the blocks are indivisible does that mean only 7 lucky people will end up with a block of 1? So say 30 people are mining then you would not get any reward for all your time unless you get lucky and hit a block with 1 coin in it?
I just do not get it. Feels like I would be wasting my time?
June 11, 2014, 09:04:04 AM
no wallet
June 10, 2014, 01:29:29 AM
Still an interesting Sha-256 coin, Kinda Dogey OP though.
June 10, 2014, 01:21:41 AM
Block rewards are indivisible.
So are the transactions presumably?
So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins
You have little and confused ideas
the block reward is indivisible because it's of one satoshi.Again.. so how do you get 1% premine?
I will get it from the totally amount.
The Total 1% amount of 7 indivisible coins?
lol
it's astounding what people buy into huh
June 09, 2014, 08:29:45 PM
Block rewards are indivisible.
So are the transactions presumably?
So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins
You have little and confused ideas
the block reward is indivisible because it's of one satoshi.Again.. so how do you get 1% premine?
I will get it from the totally amount.
The Total 1% amount of 7 indivisible coins?
June 09, 2014, 01:40:54 AM
I will stay far away from this coin.
Good luck losing your money on this shit coin by raskul
Good luck losing your money on this shit coin by raskul
June 09, 2014, 01:31:43 AM
The idea has already been explored -- and the coin relaunched earlier this year:
https://bitcointalksearch.org/topic/7-coin-relaunched-the-new-ultra-rare-cryptocurrency-non-premined-426322
Cheers,
Graham
https://bitcointalksearch.org/topic/7-coin-relaunched-the-new-ultra-rare-cryptocurrency-non-premined-426322
Cheers,
Graham
no premine.
good.
June 08, 2014, 08:50:10 PM
Block rewards are indivisible.
So are the transactions presumably?
So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins
You have little and confused ideas
the block reward is indivisible because it's of one satoshi.Again.. so how do you get 1% premine?
I will get it from the totally amount.
June 08, 2014, 08:14:08 PM
Block rewards are indivisible.
So are the transactions presumably?
So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins
You have little and confused ideas
the block reward is indivisible because it's of one satoshi.Again.. so how do you get 1% premine?
June 08, 2014, 06:22:44 PM
The idea has already been explored -- and the coin relaunched earlier this year:
https://bitcointalksearch.org/topic/7-coin-relaunched-the-new-ultra-rare-cryptocurrency-non-premined-426322
Cheers,
Graham
https://bitcointalksearch.org/topic/7-coin-relaunched-the-new-ultra-rare-cryptocurrency-non-premined-426322
Cheers,
Graham
June 08, 2014, 06:07:22 PM
Block rewards are indivisible.
So are the transactions presumably?
So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins
You have little and confused ideas
the block reward is indivisible because it's of one satoshi. June 08, 2014, 03:56:19 PM
I have the old machine
June 08, 2014, 03:55:59 PM
Block rewards are indivisible.
So are the transactions presumably?
So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins
June 08, 2014, 03:54:20 PM
Wait.. so you are saying there will only ever be 7 coins. AND These 7 coins are indivisible (ie no sub parts or fractions)...
Then....
How do you premine 1%???
Then....
How do you premine 1%???
Block rewards are indivisible.
June 08, 2014, 03:42:38 PM
Wait.. so you are saying there will only ever be 7 coins. AND These 7 coins are indivisible (ie no sub parts or fractions)...
Then....
How do you premine 1%???
Then....
How do you premine 1%???
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