How will this get raped by multipools? It has a random dif
they wait till its 1 then instamine for an hour till dif changes
This won't be possible in the way you think it will be. I can't really explain much more until launch.
Topic: [ANN][RND] RandomCoin -Random Dif every hour- [NO Premine][Exchange ready] - page 7. (Read 13210 times)
March 28, 2014, 11:02:01 AM
How will this get raped by multipools? It has a random dif
they wait till its 1 then instamine for an hour till dif changes
This won't be possible in the way you think it will be. I can't really explain much more until launch.
March 28, 2014, 06:49:56 AM
How will this get raped by multipools? It has a random dif
they wait till its 1 then instamine for an hour till dif changes
March 28, 2014, 01:04:07 AM
Does anyone else think this will just get raped by multipools and fail miserably due to oversupply and huge variances in the network hash rate? A variable difficulty exists in most coins for a damn good reason. I can see this failing pretty hard.
How will this get raped by multipools? It has a random dif
March 28, 2014, 12:23:40 AM
Does anyone else think this will just get raped by multipools and fail miserably due to oversupply and huge variances in the network hash rate? A variable difficulty exists in most coins for a damn good reason. I can see this failing pretty hard.
March 28, 2014, 12:12:16 AM
So I did some looking over your info, and there seems to be no limits on this coin? Unlimited supply will kill the value, as will too much interest in this coin (low diff + huge interest = flooded market). Are there any sort of limitations or will this coin just inflate?
There are limitations, but since I might be making a switch to x11, those limits are still currently undecided.
Would people rather see the limit low? or high?
Depends on how long you expect the coin to be mineable. If the diff isn't network based then early miners and backers will never be rewarded
The only possible counter would be to have a relatively short mining period. Also, how do you solve for a changing difficulty during a block? Like if the network is hashing for a block and the diff changes, what happens?
Just watch
you will be impressed. Dif is network based, but in a different way. March 27, 2014, 05:19:46 PM
So I did some looking over your info, and there seems to be no limits on this coin? Unlimited supply will kill the value, as will too much interest in this coin (low diff + huge interest = flooded market). Are there any sort of limitations or will this coin just inflate?
There are limitations, but since I might be making a switch to x11, those limits are still currently undecided.
Would people rather see the limit low? or high?
Depends on how long you expect the coin to be mineable. If the diff isn't network based then early miners and backers will never be rewarded
The only possible counter would be to have a relatively short mining period. Also, how do you solve for a changing difficulty during a block? Like if the network is hashing for a block and the diff changes, what happens?
March 27, 2014, 04:49:27 PM
So I did some looking over your info, and there seems to be no limits on this coin? Unlimited supply will kill the value, as will too much interest in this coin (low diff + huge interest = flooded market). Are there any sort of limitations or will this coin just inflate?
There are limitations, but since I might be making a switch to x11, those limits are still currently undecided.
Would people rather see the limit low? or high?
March 27, 2014, 03:13:32 PM
take a seat 
March 27, 2014, 12:50:23 PM
So I did some looking over your info, and there seems to be no limits on this coin? Unlimited supply will kill the value, as will too much interest in this coin (low diff + huge interest = flooded market). Are there any sort of limitations or will this coin just inflate?
March 27, 2014, 10:41:54 AM
Personally, I like the name. I like it a lot. It is simple and it describes more or less the main attribute of the coin.
But please, consider to not go to cryptorush. At least, not now. Too many incidents with lost coins.
I would not send any of my coins there.
But please, consider to not go to cryptorush. At least, not now. Too many incidents with lost coins.
I would not send any of my coins there.
A new exchange is being considered. Mostly because cryptorush has been dealing with bad server issues for almost a week now. That is why I'm hoping this coin gets the 1.2 BTC donation so we can buy a spot on a top exchange. Hopefully cryptsy.
March 27, 2014, 10:33:06 AM
Personally, I like the name. I like it a lot. It is simple and it describes more or less the main attribute of the coin.
But please, consider to not go to cryptorush. At least, not now. Too many incidents with lost coins.
I would not send any of my coins there.
But please, consider to not go to cryptorush. At least, not now. Too many incidents with lost coins.
I would not send any of my coins there.
March 27, 2014, 10:16:14 AM
These coin names...Aaagh
What is wrong with the coin's name? It is named "Random" because it uses a random dif.
March 27, 2014, 10:14:07 AM
These coin names...Aaagh
March 27, 2014, 10:10:24 AM
If the dev decide to use X11, it will be a great idea.
X11 + no premine + new random diff !
In total, these will make Randomcoin a nice coin.
X11 + no premine + new random diff !
In total, these will make Randomcoin a nice coin.
Thank you for the support
March 27, 2014, 07:36:12 AM
Avoiding this bs coin, dont go in other threads promoting your coin this is called spaming this is non ethical and just prove how you lack of promotional ideas.
wrong
Whats wrong? the fact that you go out there post your link in other threads trying to attract people? where do you think this is going to bring you?
March 27, 2014, 07:20:44 AM
If the dev decide to use X11, it will be a great idea.
X11 + no premine + new random diff !
In total, these will make Randomcoin a nice coin.
And I like these logos with metal feeling.
X11 + no premine + new random diff !
In total, these will make Randomcoin a nice coin.
And I like these logos with metal feeling.
March 27, 2014, 07:09:19 AM
Change the algorithm , x11 runs much cooler . Random difficulty is good idea
In addition to running cooler, Scrypt ASICS are rolling out. This coin will get obliterated (with almost all the Scrypt coins) as soon as those hit. Only survivors will be *Maybe* litecoin. X11 has no ASICS yet, runs cooler, and might actually give this coin a shot. I agree, Random difficulty seems new and interesting
Thanks for the input. I might make the switch to x11. I'm still trying to figure out how I will do this with 0% pre-mine. It would be great if we could get some donations to really kickstart this coin.
If you write good code, promote your coin and get some actual adoption (and merchant support) then you'll get donations and support from miners. Same way miners can make a living mining, you should be able to make one by developing your coin. The algo is the starting point, but without attention this'll die like so many other coins.
Don't expect to get too much donation from miners. I won't say all of miners are greedy, but at least most of them are.
I understand as most of them have expensive machine and electricity costs.
X11 is good. Script is dying.
I support you having a small fraction of premine, which can be used to promote.
March 27, 2014, 06:58:26 AM
Got a link to an X11 GPU miner?
March 27, 2014, 04:29:17 AM
Exchanges kill coins if implemented to quickly i suggest you work on your coin and the exchanges will follow without bribes especially if its a successfull launch !
March 27, 2014, 02:04:07 AM
Explorer, please. I wanna watch this
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