[ANN][MCN] Moneta Verde - CryptoNote coin with difficulty-BR (lnch at 15:00 GMT) - page 14.

Denni

full member

Activity: 125

Merit: 100

Quote from: HornyMiner on June 17, 2014, 10:35:11 AM

Quote from: cryptomidnight on June 15, 2014, 10:43:35 AM

Abstract: block_reward = log2(difficulty)

Block reward formula is a fixed point implementation of log2(difficulty). This means that block reward increases much slower than difficulty: for 1 coin to be added to block reward a difficulty must be increased twice. This rate looks to be reasonable.

(...)

More details:

- block target - 60 seconds
- CryptoNight PoW
- merged mining with Monero, QuazarCoin, Bytecoin or any other CryptoNight-based coin

Best. Altcoin. Ever. O.O

Call it "altnote". Altcoin is for BTC forks.

reflector

sr. member

Activity: 826

Merit: 263

You should make the ticker symbol MTV. That would be awesome.

HornyMiner

newbie

Activity: 63

Merit: 0

Quote from: cryptomidnight on June 15, 2014, 10:43:35 AM

Abstract: block_reward = log2(difficulty)

Block reward formula is a fixed point implementation of log2(difficulty). This means that block reward increases much slower than difficulty: for 1 coin to be added to block reward a difficulty must be increased twice. This rate looks to be reasonable.

(...)

More details:

- block target - 60 seconds
- CryptoNight PoW
- merged mining with Monero, QuazarCoin, Bytecoin or any other CryptoNight-based coin

Best. Altcoin. Ever. O.O

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: cryptomidnight on June 17, 2014, 10:22:40 AM

Sorry for the delay, guys
working hard for doing it in the best way
I need a bit more time

any estimate ? minutes, hours, days ?

neighborrr

newbie

Activity: 39

Merit: 0

Quote from: cryptomidnight on June 17, 2014, 10:22:40 AM

Sorry for the delay, guys
working hard for doing it in the best way
I need a bit more time

Please. Do not hurry. My friend told me about you and his main argument was "Look! This currency is freaking perfect from the tech point of view". So if you need an extra time to finish everything - do it. You don't need to apologize.

cryptomidnight

member

Activity: 84

Merit: 10

Sorry for the delay, guys
working hard for doing it in the best way
I need a bit more time

Schumacher

newbie

Activity: 74

Merit: 0

Quote from: PCUser on June 17, 2014, 10:10:23 AM

Quote from: ViewSonic on June 17, 2014, 10:04:31 AM

Quote from: ManFromJupiter on June 17, 2014, 09:56:22 AM

Pff. Another waste of my time called "altcoin"... I'm sure that this currency will bring nothing new to our amazing digital market.

Wow, man, take it easy. Verde is all about merged mining (just like phantomcoin - you remember?). So as i said, this currency is cool just because of merged mining. It's a new experience for the whole community. It's a great support for the phantomcoin and it will motivate other devs to develop idea and techonologies of merged mining. See?

This altcoin have a lot of pros and no cons.

Also it is a world first digital currency with blockreward which grows with difficulty level. In my humble opinion this experiment has a possibility to become a mainstream. Who knows?

It's difficult to understand how that system will work in future but i believe that this technologically amazing currency won't fail. Idea of constantly growing reward will bring a lot of people and create unbelievable liquidity. That's why i can't wait for the moment of mining.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: babybonobo on June 17, 2014, 10:16:31 AM

Y'all are terrible with coming up with coin names. Coin is destined for failure simply based on its name, much like Monero. Then there is DarkCoin that has the opposite problem--excellent name but bad tech (plus its insane speculative price ATM). It's not all about marketing, but part of it is. Never the less, I will probably still mine this a little because CryptoNote tech is superior to anything else ATM but I would rather go after ByteCoin and duckNote.

Monero is far from failing.

babybonobo

sr. member

Activity: 278

Merit: 250

#hardworkpaysoff

Y'all are terrible with coming up with coin names. Coin is destined for failure simply based on its name, much like Monero. Then there is DarkCoin that has the opposite problem--excellent name but bad tech (plus its insane speculative price ATM). It's not all about marketing, but part of it is. Never the less, I will probably still mine this a little because CryptoNote tech is superior to anything else ATM but I would rather go after ByteCoin and duckNote.

ViewSonic

member

Activity: 116

Merit: 10

Quote from: Denni on June 17, 2014, 10:09:35 AM

Fantomcoin, not phantom

I know. That wasn't a mistake. I wrote this sarcastically with a piece of an irony. The main idea of my message was about how and why Moneta Verde is so amazing and i'm glad that somebody read my post.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Well the dev is online so maybe he is typing up the post

PCUser

newbie

Activity: 37

Merit: 0

Quote from: ViewSonic on June 17, 2014, 10:04:31 AM

Quote from: ManFromJupiter on June 17, 2014, 09:56:22 AM

Pff. Another waste of my time called "altcoin"... I'm sure that this currency will bring nothing new to our amazing digital market.

Wow, man, take it easy. Verde is all about merged mining (just like phantomcoin - you remember?). So as i said, this currency is cool just because of merged mining. It's a new experience for the whole community. It's a great support for the phantomcoin and it will motivate other devs to develop idea and techonologies of merged mining. See?

This altcoin have a lot of pros and no cons.

Also it is a world first digital currency with blockreward which grows with difficulty level. In my humble opinion this experiment has a possibility to become a mainstream. Who knows?

Denni

full member

Activity: 125

Merit: 100

Quote from: ViewSonic on June 17, 2014, 10:04:31 AM

Quote from: ManFromJupiter on June 17, 2014, 09:56:22 AM

Pff. Another waste of my time called "altcoin"... I'm sure that this currency will bring nothing new to our amazing digital market.

Wow, man, take it easy. Verde is all about merged mining (just like phantomcoin - you remember?). So as i said, this currency is cool just because of merged mining. It's a new experience for the whole community. It's a great support for the phantomcoin and it will motivate other devs to develop idea and techonologies of merged mining. See?

This altcoin have a lot of pros and no cons.

Fantomcoin, not phantom

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Denni on June 17, 2014, 10:04:10 AM

Quote from: Amph on June 17, 2014, 10:01:54 AM

Quote from: Denni on June 17, 2014, 09:49:59 AM

Quote from: Amph on June 17, 2014, 09:42:42 AM

Quote

Moneta Verde is the first cryptocoin with blockreward increasing together with difficulty. Why this is a good idea?

this is not true at all, syncoin and dynamiccoin, have done this before

Haven't heard of them before. Are they dead for now?

yes they are old scrypt coin, but my point still stands

Nobody argues. BTW that's not so important.

the important thing is the launch, that appears to be doa lol

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: trankil on June 17, 2014, 10:07:02 AM

launch now or not??

I suspect he is having issues, or is taking a shit.

Cheesy

trankil

hero member

Activity: 854

Merit: 539

launch now or not??

ViewSonic

member

Activity: 116

Merit: 10

Quote from: ManFromJupiter on June 17, 2014, 09:56:22 AM

Pff. Another waste of my time called "altcoin"... I'm sure that this currency will bring nothing new to our amazing digital market.

Wow, man, take it easy. Verde is all about merged mining (just like phantomcoin - you remember?). So as i said, this currency is cool just because of merged mining. It's a new experience for the whole community. It's a great support for the phantomcoin and it will motivate other devs to develop idea and techonologies of merged mining. See?

This altcoin have a lot of pros and no cons.

Denni

full member

Activity: 125

Merit: 100

Quote from: Amph on June 17, 2014, 10:01:54 AM

Quote from: Denni on June 17, 2014, 09:49:59 AM

Quote from: Amph on June 17, 2014, 09:42:42 AM

Quote

Moneta Verde is the first cryptocoin with blockreward increasing together with difficulty. Why this is a good idea?

this is not true at all, syncoin and dynamiccoin, have done this before

Haven't heard of them before. Are they dead for now?

yes they are old scrypt coin, but my point still stands

Nobody argues. BTW that's not so important.

Denni

full member

Activity: 125

Merit: 100

"Altcoin" is more about BTC/LTC clones. It's time to come up with another name for CN_based coins. How about altnotes? Cheesy

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Denni on June 17, 2014, 09:49:59 AM

Quote from: Amph on June 17, 2014, 09:42:42 AM

Quote

Moneta Verde is the first cryptocoin with blockreward increasing together with difficulty. Why this is a good idea?

this is not true at all, syncoin and dynamiccoin, have done this before

Haven't heard of them before. Are they dead for now?

yes they are old scrypt coin, but my point still stands

Topic: [ANN][MCN] Moneta Verde - CryptoNote coin with difficulty-BR (lnch at 15:00 GMT) - page 14. (Read 62500 times)