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Topic: Avoiding Coins Created With Coingen (Read 970 times)

sr. member
Activity: 420
Merit: 263
let's make a deal.
January 12, 2014, 10:36:27 PM
#11
check out the coinbuilder thread:  looks like they added customisations (e.g. blockrate, difficulty retarget time) to the coingen engine.

https://bitcointalksearch.org/topic/coinbuilder-make-your-own-altcoin-413019 

http://coinbuilder.info/coin/

looks like someone was listening to articles and threads like this.

full member
Activity: 160
Merit: 100
January 12, 2014, 10:16:06 PM
#10
It's a bit bias since Hazard runs his own altcoin creation system, but yeah both services should be put to an end.
legendary
Activity: 980
Merit: 1000
January 12, 2014, 10:11:45 PM
#9
hmm. just checked with grumpycoin "getblockhash 0" and it did not give that hash... is there another way to detect is the coin is indeed coingen? i know ,right now, we can go and do a quick search and find the coin names up in the status list, but i am sure coingen stuff will catch up on this and hide the coins.

right now the only ways i can tell is vie a quick search in their status page and the playin ol' coingen wallet status when we open a wallet
Because it wasn't made with coingen... But still is a crapcoin nonetheless. Tongue
legendary
Activity: 1274
Merit: 1000
January 12, 2014, 10:09:01 PM
#8
hmm. just checked with grumpycoin "getblockhash 0" and it did not give that hash... is there another way to detect is the coin is indeed coingen? i know ,right now, we can go and do a quick search and find the coin names up in the status list, but i am sure coingen stuff will catch up on this and hide the coins.

right now the only ways i can tell is vie a quick search in their status page and the playin ol' coingen wallet status when we open a wallet
hero member
Activity: 916
Merit: 500
January 12, 2014, 09:53:28 PM
#7
Coins created with Coingen should be listed on the OP so everybody would know which coin to avoid.
hero member
Activity: 532
Merit: 500
January 12, 2014, 09:08:49 PM
#6
What's the best way to detect if a coin came from coingen?

Stupid names Grin

Not all coingen coins have stupid names. I want to avoid all coingen coins.

Edit: Nevermind, the link explains how to spot them.
full member
Activity: 140
Merit: 100
January 12, 2014, 09:06:41 PM
#5
What's the best way to detect if a coin came from coingen?

Stupid names Grin

Edit: If you find it in this list: (Warning, it's scary) http://coingen.io/status.html
legendary
Activity: 1672
Merit: 1010
January 12, 2014, 09:05:42 PM
#4
very useful post, hopefully we can compile a list of the ones that appear and stop these scamcoins for good
hero member
Activity: 532
Merit: 500
January 12, 2014, 09:04:11 PM
#3
What's the best way to detect if a coin came from coingen?
legendary
Activity: 1274
Merit: 1000
January 12, 2014, 08:59:50 PM
#2
gft , grumpy , aliencoin , crap coin , batcoin , reserved coin , lennycoin ...


okay i started this thinking that i would list at least 15 coins but i just went blank... well come back and edit.  
sr. member
Activity: 378
Merit: 250
January 12, 2014, 08:57:30 PM
#1
Interesting read here:

http://cryptolife.net/avoiding-coins-created-with-coingen/

Quote
You see, coingen was created by one of the oldest bitcoin supporters and exists solely to discredit altcoins. Accordingly, every coin this site spits out has it’s difficulty scaling set the same as Bitcoin – 400% in either direction every 2 weeks. History has shown that this is a laughably bad idea, and that the difficulty will get stuck at some obscenely high value. This causes miners to jump ship and block generation to come to a standstill. At this point the coin is effectively dead, unless a patch is issued. Since all these coins lack a developer, no such patch will ever come. It is therefore inevitable that all coingen coins will be dead within a few days of launch.

Maybe this explains what happened to GFT, lol.

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