We need more miners!
Difficulty is ultra low right now!
Topic: BlueCoin (ß) |Hybrid Cold Staking | Bluetooth | 3% Annual Rewards - page 76. (Read 192232 times)
April 28, 2014, 07:06:47 PM
April 28, 2014, 04:25:29 PM
WTF 
Confirmations is stuck... My solo blocks and pool blocks are still not confirmed and stays at 50 confirmations left
Confirmations is stuck... My solo blocks and pool blocks are still not confirmed and stays at 50 confirmations left April 28, 2014, 03:08:48 PM
April 28, 2014, 02:46:41 PM
~ 100 Days Pow Distribution then pure POS after:
- Block Time: 1.5 Minutes
- Difficulty Retarget: every block
- Confirmations on Transactions: 7
- Confirmations on Mined Blocks: 350
- Fees: Minimum transaction fee of ß0.00005
- Stake Interest: 3% annually
- Minimum Stake Age: 2 days
- Secure and Open Source
Distribution:
- Scrypt
- Total Coins: ß1,000,000,000
- Block Reward: ß10000
- Total Blocks: 100,000
- POS After Block: 100,000
- Premine 3% for growth bounties, network maintenance, and coin expansion.
- Port TBD
Do we have a failure at math yet again, or just poorly communicated information? 100K blocks at 1.5 minutes each should take 104 days, so that's okay, but 10K block rewards with 100K blocks works out to... 1,000,000,000. So in 104 days BLU is totally dead. Or are you saying there is technically NO UPPER LIMIT on the number of BLU coins, and that PoS will generate 3% annually? If that's the case, it should be properly proclaimed in the list of specs, e.g. "3% annual inflation". (In case anyone is wondering, based on the source code it appears to be the latter.)- Block Time: 1.5 Minutes
- Difficulty Retarget: every block
- Confirmations on Transactions: 7
- Confirmations on Mined Blocks: 350
- Fees: Minimum transaction fee of ß0.00005
- Stake Interest: 3% annually
- Minimum Stake Age: 2 days
- Secure and Open Source
Distribution:
- Scrypt
- Total Coins: ß1,000,000,000
- Block Reward: ß10000
- Total Blocks: 100,000
- POS After Block: 100,000
- Premine 3% for growth bounties, network maintenance, and coin expansion.
- Port TBD
3% annual PoS inflation.
Changed in the main thread.
So Bluecoiner, where are these Bounty's that you premined 3 percent for? Even after you dumped most of them a couple of days ago causing the price to tumble, at today's shitty rate there still should be 10 BTC or so left. It only costs you half a BTC for coingen to make the coin.
So what sort of network maintenance and dev support does this coin clone need? 10BTC worth?
We have given out over 11 million BLU's to developers who have participated in building the ecosystem. How do you think we have so many exchanges, pools, and services already taking BLU? We launched less than a week ago and already have 5 exchanges, over a dozen pools, and 3 gaming sites.
There is still 14 million BLU's in the public premine address which we're giving away gradually as more businesses and services start accepting BLU.
One more thing: This is not a coingen coin... We're sick of hearing this. Coingen doesn't even support PoS iterations.... We have an active full stack linux developer on board who is watching this thread and will jump in whenever he's needed....
April 28, 2014, 12:21:43 PM
is this coin becoming worthless?
I brought a bunch and now I kind of regret it.
Dev can you do something about this? like invent something new?
I brought a bunch and now I kind of regret it.
Dev can you do something about this? like invent something new?
Yeah i agree too, do something. this is the worst flop coin in crypto history.
https://www.cryptocoincharts.info/v2/
https://www.cryptocoincharts.info/v2/pair/blu/btc/poloniex/10-days
April 28, 2014, 09:45:57 AM
is this coin becoming worthless?
I brought a bunch and now I kind of regret it.
Dev can you do something about this? like invent something new?
I brought a bunch and now I kind of regret it.
Dev can you do something about this? like invent something new?
April 28, 2014, 07:27:32 AM
We did a small article on BlueCoin (it was requested through Twitter) :
http://www.cryptoarticles.com/crypto-news/2014/4/28/bluecoin-100-days-of-pow-for-fair-distribution#
http://www.cryptoarticles.com/crypto-news/2014/4/28/bluecoin-100-days-of-pow-for-fair-distribution#
April 28, 2014, 05:51:54 AM
i'm also feeling enraged by the fact that i bought in at 500sats and now i'm 20-30 times the price which seems a pretty big hole to recover from to be honest!
I bought at 660 and sold at 250. Much loss for me as well. Very bad judgement. The coin is dead already.
April 28, 2014, 05:38:40 AM
i'm also feeling enraged by the fact that i bought in at 500sats and now i'm 20-30 times the price which seems a pretty big hole to recover from to be honest!
April 27, 2014, 09:18:29 PM
~ 100 Days Pow Distribution then pure POS after:
- Block Time: 1.5 Minutes
- Difficulty Retarget: every block
- Confirmations on Transactions: 7
- Confirmations on Mined Blocks: 350
- Fees: Minimum transaction fee of ß0.00005
- Stake Interest: 3% annually
- Minimum Stake Age: 2 days
- Secure and Open Source
Distribution:
- Scrypt
- Total Coins: ß1,000,000,000
- Block Reward: ß10000
- Total Blocks: 100,000
- POS After Block: 100,000
- Premine 3% for growth bounties, network maintenance, and coin expansion.
- Port TBD
Do we have a failure at math yet again, or just poorly communicated information? 100K blocks at 1.5 minutes each should take 104 days, so that's okay, but 10K block rewards with 100K blocks works out to... 1,000,000,000. So in 104 days BLU is totally dead. Or are you saying there is technically NO UPPER LIMIT on the number of BLU coins, and that PoS will generate 3% annually? If that's the case, it should be properly proclaimed in the list of specs, e.g. "3% annual inflation". (In case anyone is wondering, based on the source code it appears to be the latter.)- Block Time: 1.5 Minutes
- Difficulty Retarget: every block
- Confirmations on Transactions: 7
- Confirmations on Mined Blocks: 350
- Fees: Minimum transaction fee of ß0.00005
- Stake Interest: 3% annually
- Minimum Stake Age: 2 days
- Secure and Open Source
Distribution:
- Scrypt
- Total Coins: ß1,000,000,000
- Block Reward: ß10000
- Total Blocks: 100,000
- POS After Block: 100,000
- Premine 3% for growth bounties, network maintenance, and coin expansion.
- Port TBD
3% annual PoS inflation.
Changed in the main thread.
So Bluecoiner, where are these Bounty's that you premined 3 percent for? Even after you dumped most of them a couple of days ago causing the price to tumble, at today's shitty rate there still should be 10 BTC or so left. It only costs you half a BTC for coingen to make the coin.
So what sort of network maintenance and dev support does this coin clone need? 10BTC worth?
April 27, 2014, 07:57:19 PM
~ 100 Days Pow Distribution then pure POS after:
- Block Time: 1.5 Minutes
- Difficulty Retarget: every block
- Confirmations on Transactions: 7
- Confirmations on Mined Blocks: 350
- Fees: Minimum transaction fee of ß0.00005
- Stake Interest: 3% annually
- Minimum Stake Age: 2 days
- Secure and Open Source
Distribution:
- Scrypt
- Total Coins: ß1,000,000,000
- Block Reward: ß10000
- Total Blocks: 100,000
- POS After Block: 100,000
- Premine 3% for growth bounties, network maintenance, and coin expansion.
- Port TBD
Do we have a failure at math yet again, or just poorly communicated information? 100K blocks at 1.5 minutes each should take 104 days, so that's okay, but 10K block rewards with 100K blocks works out to... 1,000,000,000. So in 104 days BLU is totally dead. Or are you saying there is technically NO UPPER LIMIT on the number of BLU coins, and that PoS will generate 3% annually? If that's the case, it should be properly proclaimed in the list of specs, e.g. "3% annual inflation". (In case anyone is wondering, based on the source code it appears to be the latter.)- Block Time: 1.5 Minutes
- Difficulty Retarget: every block
- Confirmations on Transactions: 7
- Confirmations on Mined Blocks: 350
- Fees: Minimum transaction fee of ß0.00005
- Stake Interest: 3% annually
- Minimum Stake Age: 2 days
- Secure and Open Source
Distribution:
- Scrypt
- Total Coins: ß1,000,000,000
- Block Reward: ß10000
- Total Blocks: 100,000
- POS After Block: 100,000
- Premine 3% for growth bounties, network maintenance, and coin expansion.
- Port TBD
3% annual PoS inflation.
Changed in the main thread.
April 27, 2014, 02:20:01 PM
~ 100 Days Pow Distribution then pure POS after:
- Block Time: 1.5 Minutes
- Difficulty Retarget: every block
- Confirmations on Transactions: 7
- Confirmations on Mined Blocks: 350
- Fees: Minimum transaction fee of ß0.00005
- Stake Interest: 3% annually
- Minimum Stake Age: 2 days
- Secure and Open Source
Distribution:
- Scrypt
- Total Coins: ß1,000,000,000
- Block Reward: ß10000
- Total Blocks: 100,000
- POS After Block: 100,000
- Premine 3% for growth bounties, network maintenance, and coin expansion.
- Port TBD
Do we have a failure at math yet again, or just poorly communicated information? 100K blocks at 1.5 minutes each should take 104 days, so that's okay, but 10K block rewards with 100K blocks works out to... 1,000,000,000. So in 104 days BLU is totally dead. Or are you saying there is technically NO UPPER LIMIT on the number of BLU coins, and that PoS will generate 3% annually? If that's the case, it should be properly proclaimed in the list of specs, e.g. "3% annual inflation". (In case anyone is wondering, based on the source code it appears to be the latter.) - Block Time: 1.5 Minutes
- Difficulty Retarget: every block
- Confirmations on Transactions: 7
- Confirmations on Mined Blocks: 350
- Fees: Minimum transaction fee of ß0.00005
- Stake Interest: 3% annually
- Minimum Stake Age: 2 days
- Secure and Open Source
Distribution:
- Scrypt
- Total Coins: ß1,000,000,000
- Block Reward: ß10000
- Total Blocks: 100,000
- POS After Block: 100,000
- Premine 3% for growth bounties, network maintenance, and coin expansion.
- Port TBD
April 27, 2014, 06:58:38 AM
April 27, 2014, 05:48:52 AM
I will mining it
April 27, 2014, 05:41:06 AM
1. Copy & Paste any Coin
2. Premine
3. Profit
This shit seems still to work, I think I might also do a coin and get rich.
2. Premine
3. Profit
This shit seems still to work, I think I might also do a coin and get rich.
April 27, 2014, 05:14:46 AM
-> Come on to http://blue.coins4everyone.com!
Our pool is UP and RUNNING
To get plenty of Blue Coins, just point your miners to:
Stratum: stratum+tcp://stratum.coins4everyone.com
Port: 4326
Algorithm: scrypt
Username: Weblogin.Worker
Password: Worker Password
and then relax... We take care of the rest!
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Come on, we need more hash power, point your miners to our pool and let.s spread hashrate! ;-)
April 27, 2014, 02:59:02 AM
@Pcmerc: Super, it works.
Thanks foe advice
Thanks foe advice
April 27, 2014, 02:05:32 AM
Mac Wallet doesn´t work. What can I do?
Hope you can help me cause I want blue color coin in my portfolio.
Thx for advice.
Hope you can help me cause I want blue color coin in my portfolio.
Thx for advice.
Not sure which one you are using but I compiled it as well for myself:
http://pcmerc.com/files/Bluecoin-Qt.dmg - compiled for 10.5+
You might need to add the bluecoin.conf file with addnodes in it ~/Library/Application\ Support/Bluecoin I believe is the directory created when running the wallet.
pcmerc~
http://kryptochaos.com
http://pool.kryptochaos.com
April 27, 2014, 02:04:10 AM
BC brought many color coins.Funny.Take an eye.
April 27, 2014, 02:02:23 AM
Why 100 days of mining for a pos coin?
Fair distribution. You are right, by extending the distribution time, you get fair distribution. But the point is if it is a pos coin, 100 day is a little too long, considering other coins have normally 2 week distribution. It is kinda waste of time and energy.
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