another pointless shitclone...
this dev is the same person pumping out tons of crap coins and will vanish once he drops his premine on the exchange.
ever wondered why these devs have accounts with zero posts? it's because he just sets up a new username for each new coin.
Topic: [ANN] [TWC] TwilightCoin-X11-Fair Mining-Fast block-ASIC-proof-LAUNCHED! - page 17. (Read 37864 times)
April 18, 2014, 07:06:46 PM
April 18, 2014, 06:50:36 PM
So why is this better than Hiro?
April 18, 2014, 06:45:45 PM
TwilightCoin has 3 pools listed for now! Thank you pool owners!
April 18, 2014, 06:28:58 PM
520CN's TwilightCoin Pool!
http://Twc.520Cn.Com
Pre-register your account now on 520Cn.Com! Random users who pre-registered will get 1% Fees forever!
http://Twc.520Cn.Com
Pre-register your account now on 520Cn.Com! Random users who pre-registered will get 1% Fees forever!
Trusted amongst the community, we will offer you peace of mind mining. Our servers are well maintained and our team competent. Our rock solid infrastructure and good global networking will ensure a good connectivity to our services, even under attacks.
April 18, 2014, 06:18:25 PM
Okay so for block reward, int(10000000/(((D/2+1000)/10)^3)+0.5), which equals int(10/(D/2000+1)^3+0.5) by the way, simplify it for chrissake. But max possible reward also drops incrementally over time, 0.5% every 43200 blocks. So at some times one factor will control and some times the other. Have I got that right?
edit: one other thing. why continue to make the block reward value an integer? Both these bounds want to be floating point (or in practice nearest satoshi, I guess). It seems like a completely unnecessary restriction unless I'm missing something.
edit: one other thing. why continue to make the block reward value an integer? Both these bounds want to be floating point (or in practice nearest satoshi, I guess). It seems like a completely unnecessary restriction unless I'm missing something.
Yes, you're right about the formula, it may be simplified :-)
Both factors works simultaneously. First, reward is calculated based on difficulty factor formula and the result is integer from 1 to 10. Then the result is reduced by the second factor depending on block number
(0.5% decrease every 30 days or 43 200 blocks, i.e. result from the first formula is multiplied by 0.995 number of times equal to number of 43200 blocks intervals passed, 0.995^x, where 'x' is the number of
43200 blocks intervals passed). The second result isn't integer anymore.
April 18, 2014, 06:14:17 PM
another no no http://www.networksolutions.com/whois/results.jsp?domain=twilightcoin.com all hidden info ( not too suprised tho )
along with you being a brand new account criticizing me lol
ticker fits it perfectly as well TWC thisweekscoin lol
all it takes is 1 minute to figure this one out.
along with you being a brand new account criticizing me lol
ticker fits it perfectly as well TWC thisweekscoin lol
all it takes is 1 minute to figure this one out.
Are you paying taxes from the coins you mined?
One should be completely dumb to post their personal info so Revenue Agency will come for its big piece of pie.
I hope you understand this
another new account this is getting better and better
stay away from this one people.
April 18, 2014, 06:10:29 PM
another no no http://www.networksolutions.com/whois/results.jsp?domain=twilightcoin.com all hidden info ( not too suprised tho )
along with you being a brand new account criticizing me lol
ticker fits it perfectly as well TWC thisweekscoin lol
all it takes is 1 minute to figure this one out.
along with you being a brand new account criticizing me lol
ticker fits it perfectly as well TWC thisweekscoin lol
all it takes is 1 minute to figure this one out.
Are you paying taxes from the coins you mined?
One should be completely dumb to post their personal info so Revenue Agency will come for its big piece of pie.
I hope you understand this
April 18, 2014, 05:59:58 PM
520CN's TwilightCoin China Pool!
http://Twc.520Cn.Com
Pre-register your account now on 520Cn.Com! Random users who pre-registered will get 1% Fees forever!
http://Twc.520Cn.Com
Pre-register your account now on 520Cn.Com! Random users who pre-registered will get 1% Fees forever!
Trusted amongst the community, we will offer you peace of mind mining. Our servers are well maintained and our team competent. Our rock solid infrastructure and good global networking will ensure a good connectivity to our services, even under attacks.
April 18, 2014, 05:55:04 PM
smells bad, 0.5 premine doesn't sound like much but considering how low rewards are this means devs will hold huge bags, that is a no no for me, plenty of fair coins to support without crap premine/ipo.
Yeah, and you want devs to do everything for you for free.
Sounds like a good plan
another no no http://www.networksolutions.com/whois/results.jsp?domain=twilightcoin.com all hidden info ( not too suprised tho )
along with you being a brand new account criticizing me lol
ticker fits it perfectly as well TWC thisweekscoin lol
all it takes is 1 minute to figure this one out.
April 18, 2014, 05:45:59 PM
I, personally, don't give a s#it about pre- or instamine as long as a coin is stable and well-promoted.
I'll mine this for a while to see how it goes.
I'll mine this for a while to see how it goes.
April 18, 2014, 05:40:56 PM
smells bad, 0.5 premine doesn't sound like much but considering how low rewards are this means devs will hold huge bags, that is a no no for me, plenty of fair coins to support without crap premine/ipo.
Yeah, and you want devs to do everything for you for free.
Sounds like a good plan
April 18, 2014, 05:37:02 PM
I've noticed a few coin algorithms that have increased block reward with increasing difficulty, and other coins are the opposite. I wonder which one is better?
In TwilightCoin the main goal of reduced reward is keeping the difficulty in reasonable frames. Also it helps to get rid of "dumpers". Those miners who're only interested to mine and dump the coin immediately to get a quick profit will not be interested to do so at some point if the reward will drop. They will leave the network and allow difficulty to return to its "normal" state. It also helps to keep balance of coin's value.
April 18, 2014, 05:32:49 PM
smells bad, 0.5 premine doesn't sound like much but considering how low rewards are this means devs will hold huge bags, that is a no no for me, plenty of fair coins to support without crap premine/ipo.
April 18, 2014, 05:18:01 PM
I've noticed a few coin algorithms that have increased block reward with increasing difficulty, and other coins are the opposite. I wonder which one is better?
April 18, 2014, 05:12:43 PM
Okay so for block reward, int(10000000/(((D/2+1000)/10)^3)+0.5), which equals int(10/(D/2000+1)^3+0.5) by the way, simplify it for chrissake. But max possible reward also drops incrementally over time, 0.5% every 43200 blocks. So at some times one factor will control and some times the other. Have I got that right?
edit: one other thing. why continue to make the block reward value an integer? Both these bounds want to be floating point (or in practice nearest satoshi, I guess). It seems like a completely unnecessary restriction unless I'm missing something.
edit: one other thing. why continue to make the block reward value an integer? Both these bounds want to be floating point (or in practice nearest satoshi, I guess). It seems like a completely unnecessary restriction unless I'm missing something.
April 18, 2014, 05:00:58 PM
1 minute block = faster transactions than darkcoin. I like it! And your block reward system looks fair enough. Many coins suffer from overmining so reducing block reward as difficulty grows you cut out miners who mine and dump and keep the coin rare! Nice! :-)
April 18, 2014, 04:52:12 PM
Fast block time (1 minute) helps transactions to be confirmed quickly without delays.
Without delays?? Like under one femtosecond? But wait, you said something about 1 minute? I am confused now!
April 18, 2014, 04:44:23 PM
Ummm, all that math looks a bit complicated, but it seem to make a good sense.
Looking forward to see it live.
Looking forward to see it live.
April 18, 2014, 04:43:44 PM
Interesting coin! I'm in. Will try to mine it. Would miner from darkcoin work ok?
April 18, 2014, 04:36:16 PM
Looks interesting.
When mining tools will be posted?
When mining tools will be posted?
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