Easy Way to recognise S#it coins from Coingen.io

refer_2_me

full member

Activity: 213

Merit: 100

Quote from: binaryclock on January 10, 2014, 03:44:24 PM

Not so fast there. While I do agree there have been too many p/d coins lately, not all scrypt coins are worthless.

Casinocoin for example.. good future, has had a great run lately before the altcoin crash last week.
Worldcoin
Litecoin

I could go on. There are some strong coins out there.

Ryan, dedicatedpool.com support/admin
[email protected] / IRC on freenode #dedicatedpool

Sorry, I should clarify. I did not mean _all_ scrypt coins are bad. That is obviously not the case as you pointed out, what I meant is _new_ scrypt coins where the only difference from litecoin is a few parameter tweaks.

binaryclock

full member

Activity: 238

Merit: 100

Not so fast there. While I do agree there have been too many p/d coins lately, not all scrypt coins are worthless.

Casinocoin for example.. good future, has had a great run lately before the altcoin crash last week.
Worldcoin
Litecoin

I could go on. There are some strong coins out there.

Ryan, dedicatedpool.com support/admin
[email protected] / IRC on freenode #dedicatedpool

refer_2_me

full member

Activity: 213

Merit: 100

Much easier is just look to see if it says Scrypt and if so it's s#it.

It doesn't matter if it came from coingen or not, if it's a clone it's worthless.

mohammedfaiz143

sr. member

Activity: 322

Merit: 250

As everyone is aware that coingen.io has not only led to a pile of crap and shit coins but also a huge price fluctuations of alt-coins...

Some points which can help to keep coingen.io coins from some "real" alt-coins...

Coingen.io coins most probably have these below given shitty features...

600 secs block time
Block Value 50
Blocks halving @ 210000
Max. coins 21000000
Coingen.io watermark(if 0.1 BTC not paid)
Scrypt or SHA-256 (not scrypt jane or anyother innovative algo)
And of course you can check on http://coingen.io/status.html whether the coin is made from coingen.io

Topic: Easy Way to recognise S#it coins from Coingen.io (Read 652 times)