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Topic: [ANN]Hotcoin- TOR & I2P/Queue mining/Anti ASIC, Botnet, 51%/Custom/Energy saving - page 15. (Read 113190 times)

sr. member
Activity: 322
Merit: 250
@tuchkov
First of all, at now, hold how much hotcoin is not important, at the lower price, even you hold all the coins, how much?
About premine, the 2 Million coins not premine at now, When we start this thread, we announced our team premined 2 Million Hotcoins.
At that time, 2000000% coins by we hand, you know that and not mind that.

When we work more than four months, you start to mind this,
For what? you want to sell your hotcoin at high price? Please be assured, we do not sell.
Else, you should keep away from Hotcoin, at now it's not too late, may be it's a relief for you.

@Newbie
Please pay attention to the value and innovation of Hotcoin.
We must remind you that we are pre-mine 2 million Hotcoins, if you agree with that, you are welcome.
At this moment, hotcoin is fair to all, why?
Because the price is very low, everyone can use a little money to buy a lot of hotcoin.
0.00000250BTC/1HOT   https://poloniex.com/exchange/btc_hot
100000HOT ≈ 0.3BTC
If you love hotcoin, you can use 0.3btc buy 100,000 hotcoins.


In the next few days, we will release the Hotcoin version 1.18 .

Changes as follows:
1) Per 290,000 blocks production halved change to per 120,000 blocks production halved.
2) Queuing mining, each miner find one block, then the miner need wait 60 blocks, then can to mining next block.
3) The miner‘s wallet default address, use for mining, in 6 days must have more than one (>=1) recv coin record,
    Else, you find block will be rejected by other miners.
    This rule is to ensure that "queue mining" is executed.

2, 3  Rules can anti botnet?

Why not add PoS?
Because:
PoS Coin's total amount not determined, and the total amount has been increasing.
PoS coin = inflation of coins.

为什么没有增加 PoS ?因为:
PoS 币 = 通胀 币
PoS 币 的总量不确定,而且在不断的增加。


Because the price is very low, so we think it's time to change, to innovation.
Please pay attention to the innovation of Hotcoin.
Queuing mining and Anti Botnet is now we think.
If you have a better idea, please tell us, thank you.
full member
Activity: 238
Merit: 100
Hotcoin is better than anycoin
At least some innovation

These are empty words ... Than hotcoin is better than others? Can you explain?
Mau be it's better because it has 2 mln premined coins, a developer ignores questions?

Sjbsnae99 wrote that Hotcoin have some innovations:

+ changed algorithm (accepted only 1 block per 2 minutes).
+ very advanced GUI wallet - including games, faucet etc. of course not all need these features  Smiley
+ android wallet (not all coins have it).

Of course we need more incentives for community:
- gambling games / sites
- shops (goods and services) accepting Hotcoins etc.

but it without the help of the community probably will not start


Premine is only small negative. not in itself, but the fact that the end is not transparent.
Much of this premine has been sent for the community in a variety of giveaways,
for adding Hotcoin to some sites also cost, making wallet application for Android (probably too).
Unfortunately, we do not know exactly what how much it cost.


Best regards
full member
Activity: 217
Merit: 100
Ps. Still believe in Hotcoin and its potential.
I  believe too
Hotcoin is better than anycoin
At least some innovation

These are empty words ... Than hotcoin is better than others? Can you explain?
Mau be it's better because it has 2 mln premined coins, a developer ignores questions?

p.s. You don't mind, that problem of coin was discussed in forum and developeer not even consider it necessary to take part in this discussion... I don't know how in China,  but in my country it's called disrespect...

Please give Hotcoin some time, He's value will exceed Litecoin.  Wink

It is only your dreams ... until you're honest and will ignore, coin will not rise. I have enough coins to knock price on any exchange, starting panic selling, so you can think current price maximum for coin ...
sr. member
Activity: 322
Merit: 250
Any news when your updating the wallet on Android?

Android version is ok.
Please give Hotcoin some time, He's value will exceed Litecoin.  Wink
legendary
Activity: 966
Merit: 1000
In holiday we trust
Any news when your updating the wallet on Android?
sr. member
Activity: 284
Merit: 250
The Standard Protocol - Solving Inflation
sr. member
Activity: 322
Merit: 250
In the next few days, we will release the Hotcoin version 1.18 .

Changes as follows:
1) Per 290,000 blocks production halved change to per 120,000 blocks production halved.
2) Queuing mining, each miner find one block, then the miner need wait 60 blocks, then can to mining next block.
3) The miner‘s wallet default address, use for mining, in 6 days must have more than one (>=1) recv coin record,
    Else, you find block will be rejected by other miners.
    This rule is to ensure that "queue mining" is executed.

2, 3  Rules can anti botnet?

Why not add PoS?
Because:
PoS Coin's total amount not determined, and the total amount has been increasing.
PoS coin = inflation of coins.

为什么没有增加 PoS ?因为:
PoS 币 = 通胀 币
PoS 币 的总量不确定,而且在不断的增加。
sr. member
Activity: 322
Merit: 250
In the next few days, we will release the Hotcoin version 1.18 .

Changes as follows:
1) Per 290,000 blocks production halved change to per 120,000 blocks production halved.
2) Queuing mining, each miner find one block, then the miner need wait 60 blocks, then can to mining next block.
3) The miner‘s wallet default address, use for mining, in 6 days must have more than one (>=1) recv coin record,
    Else, you find block will be rejected by other miners.
    This rule is to ensure that "queue mining" is executed.

2, 3  Rules can anti botnet?
sr. member
Activity: 322
Merit: 250
At this moment, hotcoin is fair to all,
Because the price is very low, everyone can use a little money to buy a lot of hotcoin.

0.00000250BTC/1HOT   https://poloniex.com/exchange/btc_hot
100000HOT ≈ 0.3BTC

full member
Activity: 182
Merit: 100
Recently busy did not have time to pay attention and found the same author or serious and responsible .
newbie
Activity: 20
Merit: 0
Open
http://explorer.hot-coin.org:889/chain/Hotcoin
and look on "Outstanding" column, this is number of coins, including 2 mln premined coins.

Ok block have 40 not 64 coins sorry my mistake ;/

Why coins are used tens or hundreds of addresses only for made two transactions, accept coins and send coins?

I don't know. Maybe this Block Explorer is wrong or is normal if you investigate coins block. I don't have
skills and my knowledge of the subject is insufficient

For Example I check blocks:
1. http://explorer.hot-coin.org:889/tx/851a0f2a6d08f28bf5886010e789c647376a590c849f2dd32299d8b8cf69b021#i0

2. if you click "Previous output"
http://explorer.hot-coin.org:889/tx/1d003ba5fc69c86271a11eec1fbbd804db47c375bc2cdfa528307b85bb6a440c#o0

then you have info that is generated block= 40 coins.

Ok but if you look page 1. then you have two outputs these 40 coins is splited

3. if you click in 413b074170...:0    amount: 12.72240178:
http://explorer.hot-coin.org:889/tx/413b074170783f50dacb2049c4d6da4a04cfde3c3b1b27d5d48d89bedd99cb7e#i0

then 12.72240178 is splited into two outputs.

4. if you click in e2f3c1463e...:0  amount: 3.84332376
http://explorer.hot-coin.org:889/tx/e2f3c1463e08eae677f9948c2b5e76ee937529ecb2eeb427e9351265a4643d46#i0

then you have aggregation amount from prev transactions and split into 2 outputs.

Maybe because all operations is in chain blocks and after that you can keep track of every transaction.
and this disruption can be there to ensure anonymity?
I do not know but it just might be at these large amounts of premine.
 


Yes, information about premine have on your site, but open official site and try to find information about premine - it's not there, or it is written so that you can see it only if you know about premine and persistently searching this information.

This information should be more visible on page. Currently there are some error on page.

Best Regards.

Ps. Still believe in Hotcoin and its potential.


I  believe too
Hotcoin is better than anycoin
At least some innovation
full member
Activity: 238
Merit: 100
Open
http://explorer.hot-coin.org:889/chain/Hotcoin
and look on "Outstanding" column, this is number of coins, including 2 mln premined coins.

Ok block have 40 not 64 coins sorry my mistake ;/

Why coins are used tens or hundreds of addresses only for made two transactions, accept coins and send coins?

I don't know. Maybe this Block Explorer is wrong or is normal if you investigate coins block. I don't have
skills and my knowledge of the subject is insufficient

For Example I check blocks:
1. http://explorer.hot-coin.org:889/tx/851a0f2a6d08f28bf5886010e789c647376a590c849f2dd32299d8b8cf69b021#i0

2. if you click "Previous output"
http://explorer.hot-coin.org:889/tx/1d003ba5fc69c86271a11eec1fbbd804db47c375bc2cdfa528307b85bb6a440c#o0

then you have info that is generated block= 40 coins.

Ok but if you look page 1. then you have two outputs these 40 coins is splited

3. if you click in 413b074170...:0    amount: 12.72240178:
http://explorer.hot-coin.org:889/tx/413b074170783f50dacb2049c4d6da4a04cfde3c3b1b27d5d48d89bedd99cb7e#i0

then 12.72240178 is splited into two outputs.

4. if you click in e2f3c1463e...:0  amount: 3.84332376
http://explorer.hot-coin.org:889/tx/e2f3c1463e08eae677f9948c2b5e76ee937529ecb2eeb427e9351265a4643d46#i0

then you have aggregation amount from prev transactions and split into 2 outputs.

Maybe because all operations is in chain blocks and after that you can keep track of every transaction.
and this disruption can be there to ensure anonymity?
I do not know but it just might be at these large amounts of premine.
 


Yes, information about premine have on your site, but open official site and try to find information about premine - it's not there, or it is written so that you can see it only if you know about premine and persistently searching this information.

This information should be more visible on page. Currently there are some error on page.

Best Regards.

Ps. Still believe in Hotcoin and its potential.
full member
Activity: 217
Merit: 100
./hotcoind getinfo
"blocks" : 115666

115 665 * 64 + 2 000 000 ~= 9 402 560

minus some total orphan blocks.
 

Open
http://explorer.hot-coin.org:889/chain/Hotcoin
and look on "Outstanding" column, this is number of coins, including 2 mln premined coins.

I don't have info about tech working coins and block explorer but I see similar situations in ex. Smartcoin when if developer pay from premine (generic block) then rest of premine (from this account) change address (transfer) automaticly to new random address.

Maybe other developer (from other coin) can explain this mechanism. Maybe I'm wrong.

I don't know if all "strange" transfer was done automaticly.

Next. many other people have big (more than 100 K) amount of Hotcoin. Some of them make some transfers.

I'm talking about strange coin transfers that were separated from 2 mln premained coins in first days, and not about some other miners coin transfers now. From 2 mln premained coins separated big sums of coins, and are starting to change addresses as 2 mln premined coins. Why do they do it? Why coins are used tens or hundreds of addresses only for made two transactions, accept coins and send coins?

I also have more than 100K coins but I did not send them to new addresses. And I don't know who will be doing it.

This info was on OP long long time, but was removed in re-editing OP page. and still should be on OP.
On forum http://hotcoin.tk/index.php?topic=5.0  and other materials that I wrote is info about premine.

Yes, information about premine have on your site, but open official site and try to find information about premine - it's not there, or it is written so that you can see it only if you know about premine and persistently searching this information.
full member
Activity: 238
Merit: 100
Currently in circulation about 5 mln (4.953.648) coins, and up to 9 mln still far away. So developer(hover) owning 2 mln premined coin has 40% coins.

./hotcoind getinfo
"blocks" : 115666

115 665 * 64 + 2 000 000 ~= 9 402 560

minus some total orphan blocks. 

To see how many coins were hidden need to spend an hour of time to walk by blocks move premined coins and see how they are constantly changed addresses,

I don't have info about tech working coins and block explorer but I see similar situations in ex. Smartcoin when if developer pay from premine (generic block) then rest of premine (from this account) change address (transfer) automaticly to new random address.

Maybe other developer (from other coin) can explain this mechanism. Maybe I'm wrong.

I don't know if all "strange" transfer was done automaticly.

Next. many other people have big (more than 100 K) amount of Hotcoin. Some of them make some transfers.

You are right, developer is entitled to keep some coins for yourself , however - it should be honest and open.


Yes this should be more transparent. With full list spent transfer but currently is not possible.
because it was not exactly recorded and tracked. there were lots of giveaways and bounties

Also developer(hover) is trying to ignore and hide information about premain. Initially info about premine was removed from first pages of this topic, it is now placed in a section is not relevant to describe the coins, and in description of coin there is no any info about premine.

This info was on OP long long time, but was removed in re-editing OP page. and still should be on OP.
On forum http://hotcoin.tk/index.php?topic=5.0  and other materials that I wrote is info about premine.

Best Regards.
full member
Activity: 217
Merit: 100
1. we need write something to do to this thread a live.

2. no one have 50%. currently is more than 9 mln coins (including 2 mln premine) on market.
   I think that at least 1 mln premine was spent to many individual persons and few services (exchanges etc).
   Unfortunately, there is a lack of full transparency.
   No one did count full giveaways and premine spent. Now, clear full list of amounts was spent is probably not to prepare.

    So then 1/9 coins is in one hand not 50%.

Currently in circulation about 5 mln (4.953.648) coins, and up to 9 mln still far away. So developer(hover) owning 2 mln premined coin has 40% coins.

To see how many coins were hidden need to spend an hour of time to walk by blocks move premined coins and see how they are constantly changed addresses, and then separated from them large sums, and began constantly changed addresses too. It all happens in first three days after launch of coin. All attempts receive answer why premined coins were constantly changing address are ignored. Why, if all clear and honest? Or may be not everything is clean and honest?..

We must remember that no one work for free that if developers keep about 500 K coins form premine for themselves
   it should be ok. but of course it should by full transparency. Then situation will be clear.

You are right, developer is entitled to keep some coins for yourself , however - it should be honest and open. All know address of purse with first mined BitCoins, and many miners watching him. Can you see where 2 mln premined hotcoin? No! Because developer(hover) made ​​great efforts to hide them. Coins constantly changed address. Also developer(hover) is trying to ignore and hide information about premain. Initially info about premine was removed from first pages of this topic, it is now placed in a section is not relevant to describe the coins, and in description of coin there is no any info about premine.


Yep.

Any kind of marketing actions (and spent premine Smiley is needed.

We need more positive info not only unclear information and discussions about premine

now such discussions do not bring anything except confusion.
Hotcoin is a cool coin and it is worth to give it a chance.

Best regards.


How do you think, why so much talk about premine? And I'll tell you - developer(hover) does not give answer, he ignores...
full member
Activity: 238
Merit: 100
Tell me, what is advantage of crypto currencies? I think one of first in absence of market regulators. You don't mind that at the moment one person owns a little less than half available coins? Do you really prefer to discuss tree?

1. we need write something to do to this thread a live.

2. no one have 50%. currently is more than 9 mln coins (including 2 mln premine) on market.
   I think that at least 1 mln premine was spent to many individual persons and few services (exchanges etc).
   Unfortunately, there is a lack of full transparency.
   No one did count full giveaways and premine spent. Now, clear full list of amounts was spent is probably not to prepare.

    So then 1/9 coins is in one hand not 50%.

   We must remember that no one work for free that if developers keep about 500 K coins form premine for themselves
   it should be ok. but of course it should by full transparency. Then situation will be clear.



[..]
About giveaway, i have an idea:

This is really something that is worth discussing here?

Yep.

Any kind of marketing actions (and spent premine Smiley is needed.

We need more positive info not only unclear information and discussions about premine

now such discussions do not bring anything except confusion.
Hotcoin is a cool coin and it is worth to give it a chance.

Best regards.
full member
Activity: 238
Merit: 100
nice tree

haha, really nice Wink

About giveaway, i have an idea:
Who take a beautiful photo, and ps HOTCOIN logo on the photo,
Post at here, reward 100HOT.

Maybe funny pict promoting Hotcoin on twitter or http://hotcoin.tk   ?
here better is not do giveaways (prohibited).

Best Regards.
full member
Activity: 217
Merit: 100
nice tree

Tell me, what is advantage of crypto currencies? I think one of first in absence of market regulators. You don't mind that at the moment one person owns a little less than half available coins? Do you really prefer to discuss tree?

nice tree

haha, really nice Wink

About giveaway, i have an idea:
Who take a beautiful photo, and ps HOTCOIN logo on the photo,
Post at here, reward 100HOT.

This is really something that is worth discussing here?
sr. member
Activity: 322
Merit: 250
nice tree

haha, really nice Wink

About giveaway, i have an idea:
Who take a beautiful photo, and ps HOTCOIN logo on the photo,
Post at here, reward 100HOT.
full member
Activity: 238
Merit: 100
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