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Topic: [ANN][HEX] HeisenbergHEX: Too many cooks spoil the broth [UN-updated] - page 99. (Read 123203 times)

sr. member
Activity: 518
Merit: 250
With such a very fast dropping coin reward, the premine is way too high...
legendary
Activity: 1274
Merit: 1000
you god damn right !
hero member
Activity: 1428
Merit: 538
member
Activity: 88
Merit: 10


Transparent BLUE: We cook HEX, but we don’t cook
the books. Accountability is the utmost importance when dealing with HEX as votes.

Bounties:
Bounties are a great way to “put your HEX where your mouth is,” so to speak. The funds you send to each address will be awarded to the community members who make our dreams come true. All you have to do is tweet one of the #HEXbounties, and you can get paid a reward!

Quote
Games:(Coming soon?)
#HEXORPG
hex:TnvpHbRDPh9EPm6SKNtwWjNAfxhgKXGVhq
"Legend of the Green Dragon" clone game which incorporates HEX. Legend of the BLUE Dealer, (Legend of the HEX Dragon?) or another popular multi-user text-based online role-playing video game with HEX theme and as reward prize and entry fee? IT could be as simple as pay to play, and winner takes all. We currently have a MUD infrastructure on our main website. If you are interested in developing HEXland please contact us!
current total: 2,950,025 HEX



Links:
Website: http://heisenberghex.com
Pools
Blockchain BrowserFaucetExchangeVote for HEXChartsMessage BoardsHEX ON THE NET
Article(s) About Heisenberg HEX : http://altcoinauthority.com/2014/03/cook-coins-with-heisenburg-hex/

Working configuration (.conf) file:
Quote

server=1
daemon=1
listen=1
rpcuser=Yourwhatever
rpcpassword=yourwhatever
rpcport=39547
rpcconnect=192.168.1.*
rpcallowip=192.168.1.*

addnode=192.241.195.118
addnode=54.213.143.65
addnode=69.165.163.66
addnode=82.6.221.132
addnode=109.30.252.146
addnode=179.223.185.127
addnode=78.130.202.203
addnode=100.1.82.147
addnode=86.163.160.75
addnode=75.80.57.254


More Bounties?
Have an awesome idea that will help Heisenberg
Hex secure even more territory? Pitch it to us! If we love what we hear, you will get the hook-up! Contact Us with questions or comments at [email protected]
______

Scrypt-Standard,
Rapidly Decreasing Reward Structure


A Message from Werner
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Good Evening Ladies and Gentlemen,
   This week has been very busy here. We have not only updated our Wallet, and our Github, but we are publicly opening the new website. Although it does not currently do everything we want it to, it does function better than any other coin-site out there. We will still be developing the final aspect this next week and hope to have them implemented by this time next week. In the near future we hope to fully integrate the technology of our new website with an online daemon to provide a fully streamlined experience.
   On our site you will find many ways to interact. Get paid in HEX to help us develop content, or simply by registering. This new hub will allow average internet users to earn HEX by participating in the community, instead of needing to conform to the usual behavior of mining, purchasing, and milking faucets.
We are very pleased to announce that we have been listed on THREE new exchanges within the last 24 hours. Many thanks to NintenCoin, BleuTrade, and SwapHole. Please show them support by listing your BUY/SELL orders tonight!
   Our team is still open to team players! Over the last month several very talented individuals have been integrated into our workforce. We are more than happy to welcome any new cooperative efforts on board as well. Please simply drop us a line explaining what your skill are and how you would like to join our efforts. We will be in contact shortly after receipt of your message.
   Again, thank to ALL OF YOU who have make HEX what it is. We appreciate all your efforts, and will continue to give this project our best effort in the coming months. Please tweet our #HEXbounties to get paid for spreading the good work of Heisenberg.
-Werner


Heisenberg Hex
is a modern scrypt crypto-coin that is a descendant of litecoin. It uses a proof of work scheme, and will be rapidly distributed by way of a rapidly decreasing reward mechanism that follows a hexadecimal pattern. The later stages are designed in such a way as there will still be an incentive to mine, and therefore keep the network active, into the future, while still providing a strong incentive to mine as soon as possible in the early stages. The good news is that we have adapted by becoming an open organization.

Initially Heisenberg Hex provides 512,000 coins per block, with a 50% chance of each block rewarding miners with 1028000 coins instead. Each time the block reward changes, the standard block size, as well as the chance of hitting a super block, will decrease.

The size of a super-block, however, is static, at 1028000 coins, and will remain so, throughout the entire life-cycle of the coin. Full details of the hexadecimal descending reward structure can be found below!


Heisenberg Hex  Coin Features Breakdown

30 second block time
5 confirmations for transactions
45 confirmations for mined blocks


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Reward Structure: Rapidly Decreasing Hexadecimal Spiral
  • 512,000 coins per block, with a 50% chance(1/2) of finding 1028000 for the first day
  • 512,000  coins per block, with a 25% chance(1/4) of finding 1028000 on the second day
  • 256,000 coins per block with a 12.5% chance(1/8) of finding 1028000 for the next 2 days
    Reports have come in that this entire section of the spiral failed to manifest. This means that HeisenbergHex may end up having 2,214,720,000 ( approx 2.215 BILLION) LESS coins than the intended total.
  • 128,000 coins per block with a 6.25% chance(1/16) of finding 1028000 for the next 4 days
  • 56,000 coins per block with a 3.125% chance(1/32) of finding 1028000 for the next 8 days
  • 32,000 coins per block with a  1.56% chance(1/64) of finding 1028000 for the next 16 days
  • 16,000 coins per block with 0.78% chance(1/128) of finding 1028000 for the next 32 days
  • 8,000 coins per block, with a 0.39% chance(1/256) of finding 1028000 for the next 64 days
  • 4000 coins per block, with a 0.0195% chance(1/512) of finding 1028000 for the next 128 days
  • 2000 coins per block, with a 0.00975% chance(1/1028) of finding 1028000  for the next 256 days
  • FINAL STAGE:1000 coins per block, with a 0.00487% chance(1/2056) of finding 1028000,  in perpetuity, until all coins have been mined. Expected length of this stage is 1.5 - 3 years, ensuring that the coin will remain viable into the future.

Other Specifications:
Total coins will be 23 Billion (23,000,000,000)
It looks like this total MAY have been reduced by 2.15 Billion coins, due to the failure of the 2 day, 256000/block part of the spiral.
This means that HEX will now have 20.85 billion coins instead of the original total of 23 Billion.

Premine? = Some "lucky" miner made all the premine for himself by forking the coin at launch. Thats right. We started off insolvent. We got Goxxed before that was a thing. Two of the original three core project members left because of this lack of equity.

The Plan=
We have a peer to peer chain of command around here. Mostly we get things done by voting with our HEX into the Bounty for specific projects or operations. This has resulted in the rewarding of community members for continued development. Specifically #HEXbounties have been awarded to the people who have made a faucet and a counter. The strength of this coin is the investment of features and upgrades by way of bounties. This is our collective way to incentivise development and participation. Anyone can suggest a new bounty, or claim a posted one. We are currently looking into hosting our own Daemon to access more features for better interaction with HEX. Until otherwise possible, we will be manually sending funds from our transparent wallet. Please join the team to help this hexxy little altcoin go further than any other. [/b]

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