[ANN] SevenCoin [Very Rare][SHA256][OLD ASIC][SOLO MINING][NO Pools][BOUNTIES]

SevenCoin

newbie

Activity: 23

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Quote from: alexrossi on June 16, 2014, 02:46:09 PM

lol, are you kidding us? 1st time at 19 GMT, after at 20, now at 21... Maybe you haven't already premined too much coins?

Premine still all on first block, don't worry ! We have do a very intensive solo mining for check that all working fine, and during this wallet as crashed very many times. We still to work for fix this issue before launch.

Maybe it will better to resubmit the launch date. Still in touch !

alexrossi

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Activity: 3766

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lol, are you kidding us? 1st time at 19 GMT, after at 20, now at 21... Maybe you haven't already premined too much coins?

alexrossi

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Quote from: SevenCoin on June 16, 2014, 01:37:33 PM

We are ready for launch !! And you ? are you ready ? Grin

Have you moved one hour later the launch?

koba24

newbie

Activity: 58

Merit: 0

wallet?

SevenCoin

newbie

Activity: 23

Merit: 0

We are ready for launch !! And you ? are you ready ? Grin

SevenCoin

newbie

Activity: 23

Merit: 0

Quote from: platorin on June 16, 2014, 05:42:40 AM

SHA256 these days? No, thank you!

There are special days to choose the algo? Now I really have heard it all

platorin

sr. member

Activity: 392

Merit: 250

Very nice logotype, BUT, SHA256 these days? No, thank you! Premine of 1%? No, thank you sir!

raskul

sr. member

Activity: 434

Merit: 250

Quote from: SevenCoin on June 16, 2014, 05:02:02 AM

Quote from: raskul on June 16, 2014, 04:42:27 AM

I'm sorry, but that gives no explanation of what you intend to do with the pre-mine coins.
all that shows is that you are passive-aggresive in character; my questions remain, why should I trust you with 1% of this coin? What are you going to use it for?

You are a crazy guy. Maybe you forgotten your posts in the old thread. I'm aggressive for a troll like you only, I'm boring to see your nickname in this thread.

my posts in the old thread were merely pertaining to my other question; how do you think you will be able to stop large miners? I don't think you will be able to do that. So... what you are saying is; you have no answers for the community as to what you intend to do with the pre-mine, and you cannot assure that your coin will not have large miners mining it?

some professionalism and honest answers would help you out here. Wink

SevenCoin

newbie

Activity: 23

Merit: 0

Quote from: raskul on June 16, 2014, 04:42:27 AM

I'm sorry, but that gives no explanation of what you intend to do with the pre-mine coins.
all that shows is that you are passive-aggresive in character; my questions remain, why should I trust you with 1% of this coin? What are you going to use it for?

You are a crazy guy. Maybe you forgotten your posts in the old thread. I'm aggressive for a troll like you only, I'm boring to see your nickname in this thread.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: SevenCoin on June 16, 2014, 04:40:16 AM

Quote from: raskul on June 16, 2014, 04:36:06 AM

Quote from: SevenCoin on June 16, 2014, 04:33:45 AM

Quote from: alexrossi on June 16, 2014, 12:49:48 AM

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy

All coin's devs take 1% of premine, what change here ? If you have a good matemathic mind you will see that 1% of one bilion and 1% of one thousand, for example, it's the same thing.

BTC

not true, I invest in good solid, trustworthy coins and have a range of wallets on my computers.
You are feeding on those less knowledgable. I will be pleased to balance the conversation so that people know exactly what they are buying into.

a 1% premine is not a good thing, and you should explain what it will be used for, in detail.

right, many take BTC with IPO before, and something after IPO take premine too.

I've see many no-premined coins die because dev gone after little time. I don't want to gone and I don't want to dump. If people trust will trust in this coin, it will be a big project for a long time.

And if you are a smart guy, you will understand it. If not pity for you.

I'm sorry, but that gives no explanation of what you intend to do with the pre-mine coins.
all that shows is that you are passive-aggresive in character; my questions remain, why should I trust you with 1% of this coin? What are you going to use it for?

alexrossi

legendary

Activity: 3766

Merit: 1742

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Quote from: SevenCoin on June 16, 2014, 04:33:45 AM

Quote from: alexrossi on June 16, 2014, 12:49:48 AM

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy

All coin's devs take 1% of premine, what change here ? If you have a good matemathic mind you will see that 1% of one bilion and 1% of one thousand, for example, it's the same thing.

And ignore raskul without problem, he is a troll that make shit in all coin's threads.

Damn, it's hard to understand that on this coin 1% is too much? If the reward per block was 100 times higher also 2-3% was ok, but with a satoshi reward you have in your dumper hands too much control.

SevenCoin

newbie

Activity: 23

Merit: 0

Quote from: raskul on June 16, 2014, 04:36:06 AM

Quote from: SevenCoin on June 16, 2014, 04:33:45 AM

Quote from: alexrossi on June 16, 2014, 12:49:48 AM

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy

All coin's devs take 1% of premine, what change here ? If you have a good matemathic mind you will see that 1% of one bilion and 1% of one thousand, for example, it's the same thing.

BTC

not true, I invest in good solid, trustworthy coins and have a range of wallets on my computers.
You are feeding on those less knowledgable. I will be pleased to balance the conversation so that people know exactly what they are buying into.

a 1% premine is not a good thing, and you should explain what it will be used for, in detail.

right, many take BTC with IPO before, and something after IPO take premine too.

I've see many no-premined coins die because dev gone after little time. I don't want to gone and I don't want to dump. If people trust will trust in this coin, it will be a big project for a long time.

And if you are a smart guy, you will understand it. If not pity for you.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: SevenCoin on June 16, 2014, 04:33:45 AM

Quote from: alexrossi on June 16, 2014, 12:49:48 AM

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy

All coin's devs take 1% of premine, what change here ? If you have a good matemathic mind you will see that 1% of one bilion and 1% of one thousand, for example, it's the same thing.

BTC

not true, I invest in good solid, trustworthy coins and have a range of wallets on my computers.
You are feeding on those less knowledgable. I will be pleased to balance the conversation so that people know exactly what they are buying into.

a 1% premine is not a good thing, and you should explain what it will be used for, in detail.

SevenCoin

newbie

Activity: 23

Merit: 0

Quote from: alexrossi on June 16, 2014, 12:49:48 AM

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy

All coin's devs take 1% of premine, what change here ? If you have a good matemathic mind you will see that 1% of one bilion and 1% of one thousand, for example, it's the same thing.

And ignore raskul without problem, he is a troll that make shit in all coin's threads.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: alexrossi on June 16, 2014, 12:49:48 AM

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy

i'm gonna have to agree with that. it's such a shame, here we have a great idea for a coin, and the dev decides to take a lions share for himself, while trying to advise us that - you can only mine it if you want a small amount (small mining rigs only)

clueless dot com

alexrossi

legendary

Activity: 3766

Merit: 1742

Join the world-leading crypto sportsbook NOW!

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant Cheesy

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

I do love the prime number 7. Will be watching this thread, if it actually starts to gain a little traction I'll consider pointing a couple of my Heat-Box BFL's at it to see how it goes Wink

SevenCoin

newbie

Activity: 23

Merit: 0

Quote from: mumus on June 15, 2014, 08:57:00 AM

Sorry if I sounded like trolling, I didn't meant to offend you, usually it's not my style.
I'm curious to see the implementation of your vision.
Just wasn't clear how you can accomplish to goal of this coin. It sounds like you are trying to introduce another factor to limit the block rate which originally the difficulty re-targeting was designed for. The question is how you'll be able to decide which node will get less or more coins, if it's not based on hash rate. Each node can submit a limited number of block? In this case one can install hundreds of nodes load balancing a big ASIC miner between them. It's true that it's harder but the network still can be exploited by powerful miners.

Sorry you too, not simple in this jungle to understand who want to troll only and who ask serious questions.

No it's not node limits. At first many big Asics (standalone version) don't work in getwork. They work only on stratum protocol. This Asics will not able to mine SevenCoin. Another limit it's with the timewall. No blocks will be accepted before timespan. It means that all nodes have time for sync correctly, malicious people cannot fork the network and it give the opportunity to slow ASICs to find a block. The diff fixed at 1 guarantees only that this last word will true.

mumus

sr. member

Activity: 291

Merit: 250

Quote from: SevenCoin on June 15, 2014, 07:31:25 AM

Quote from: mumus on June 15, 2014, 12:38:57 AM

Nice joke.

If you don't have difficulty re-target then how can you keep the block time on 7 Minutes? With difficulty 1 a fast ASIC miner will find all the block in no time and all depends on how fast it can push it to the wallet daemon and how fast it can push out to the network. Let's say this coin will have an exchange and will have some real value. Just imagine hundreds of nodes in the network pushing out blocks at a rate of 10-100/s. I think multiple forks will be inevitable at this rate.

all specialist here. I'm very much lucky.

Why you talk before see the code ? I already told that we have set a special firewall that will reject fast blocks. This feature give a resistant for big asics and for every fork attemps.

Also the diff at 1 give the same opportunity to every, fast and slow asics

Sorry if I sounded like trolling, I didn't meant to offend you, usually it's not my style.
I'm curious to see the implementation of your vision.
Just wasn't clear how you can accomplish to goal of this coin. It sounds like you are trying to introduce another factor to limit the block rate which originally the difficulty re-targeting was designed for. The question is how you'll be able to decide which node will get less or more coins, if it's not based on hash rate. Each node can submit a limited number of block? In this case one can install hundreds of nodes load balancing a big ASIC miner between them. It's true that it's harder but the network still can be exploited by powerful miners.

SevenCoin

newbie

Activity: 23

Merit: 0

Quote from: mumus on June 15, 2014, 12:38:57 AM

Nice joke.

If you don't have difficulty re-target then how can you keep the block time on 7 Minutes? With difficulty 1 a fast ASIC miner will find all the block in no time and all depends on how fast it can push it to the wallet daemon and how fast it can push out to the network. Let's say this coin will have an exchange and will have some real value. Just imagine hundreds of nodes in the network pushing out blocks at a rate of 10-100/s. I think multiple forks will be inevitable at this rate.

all specialist here. I'm very much lucky.

Why you talk before see the code ? I already told that we have set a special firewall that will reject fast blocks. This feature give a resistant for big asics and for every fork attemps.

Also the diff at 1 give the same opportunity to every, fast and slow asics

Topic: [ANN] SevenCoin [Very Rare][SHA256][OLD ASIC][SOLO MINING][NO Pools][BOUNTIES] (Read 3673 times)