Yep looks like coin is dead in the water right now, everyone stuck at block 277, GAW's pool is down.
http://pool.paycoin.com/tbs
Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2208. (Read 3377790 times)
December 12, 2014, 08:23:43 PM
December 12, 2014, 08:22:20 PM
Just shut my miners off. Nice block times, weren't they supposed to be 1 minute? Kinda feel bad for everyone who's paying 150% on rig rentals for nothing 
Use NiceHash, although watch it, it's dropping now. Fools and their money and all that. I don't have any problem if someone wants to waste their BTC to *not* mine XPY
December 12, 2014, 08:20:28 PM
prepare for the great anti gaw dump i may not be the hash king but ill lead us to our roi dumpers united sacrifice the ht idiots for the BLOOD WATERFALLS well destroy the hertic cultist like space marines and crush GAW IN THA WAAAAAHG DUMP
December 12, 2014, 08:19:07 PM
No sandbox VM for home?
I'm too lazy for that. Their IRC is funnier anyway.
Code:
<@IngCr3at1on> the issue is being investigated currently
<@Mr_Sheesh> It needs coffee is all
<@Mr_Sheesh> It needs coffee is all
They've taken their pool down too, admitting defeat by their own code.
December 12, 2014, 08:14:08 PM
I wonder if someone pointed massive power at it, cranked up the diff then bailed back to BTC.
I'd find out but it's probably packed with malware. Too much effort for too little fun.
No sandbox VM for home?
December 12, 2014, 08:11:43 PM
I wonder if someone pointed massive power at it, cranked up the diff then bailed back to BTC.
I'd find out but it's probably packed with malware. Too much effort for too little fun.
December 12, 2014, 08:07:16 PM
Looks like they've managed to completely break their coin. Most people are stuck at height 277 for no particular reason. Petahashes of power being pumped into oblivion.
300% actually. Amusingly they're buying nothing, because the hashpower they have purchased is going utterly nowhere.
Kinda feel bad for everyone who's paying 150% on rig rentals for nothing
300% actually. Amusingly they're buying nothing, because the hashpower they have purchased is going utterly nowhere.
LOL.
I wonder if someone pointed massive power at it, cranked up the diff then bailed back to BTC.
December 12, 2014, 08:04:35 PM
SURREY BC WHALLEY WHAT 604% dec 19th we dump rip gaw
December 12, 2014, 08:03:53 PM
Looks like they've managed to completely break their coin. Most people are stuck at height 277 for no particular reason. Petahashes of power being pumped into oblivion.
300% actually. Amusingly they're buying nothing, because the hashpower they have purchased is going utterly nowhere.
Kinda feel bad for everyone who's paying 150% on rig rentals for nothing
300% actually. Amusingly they're buying nothing, because the hashpower they have purchased is going utterly nowhere.
December 12, 2014, 08:02:47 PM
Just shut my miners off. Nice block times, weren't they supposed to be 1 minute? Kinda feel bad for everyone who's paying 150% on rig rentals for nothing
December 12, 2014, 07:56:41 PM
ima dump this coin like a hot steamy pile of shit fck hasher united dumpers united -avalanche- blood for the blood god chaos 40k blood moon idiots fuel my coffers wit your ponzi scheme tears
no offense, but it sounds like you have a lot of money in that shit-heap and you seem very unhappy. i hope it works out for you, but otoh, i do enjoy your posts, that's a good one actually, made me laugh pretty good. Cheers mate.
dekay's posts are great. They're even better now that I know where he's from.
hahaha.. same here.
December 12, 2014, 07:54:24 PM
ima dump this coin like a hot steamy pile of shit fck hasher united dumpers united -avalanche- blood for the blood god chaos 40k blood moon idiots fuel my coffers wit your ponzi scheme tears
no offense, but it sounds like you have a lot of money in that shit-heap and you seem very unhappy. i hope it works out for you, but otoh, i do enjoy your posts, that's a good one actually, made me laugh pretty good. Cheers mate.
dekay's posts are great. They're even better now that I know where he's from.
December 12, 2014, 07:49:27 PM
ima dump this coin like a hot steamy pile of shit fck hasher united dumpers united -avalanche- blood for the blood god chaos 40k blood moon idiots fuel my coffers wit your ponzi scheme tears
no offense, but it sounds like you have a lot of money in that shit-heap and you seem very unhappy. i hope it works out for you, but otoh, i do enjoy your posts, that's a good one actually, made me laugh pretty good. Cheers mate.
December 12, 2014, 07:47:51 PM
December 12, 2014, 07:44:02 PM
Lets look at the source code.
No hybrid flex to be found, it's just another nasty PeerCoin fork with not notable changes whatsoever. Still even has little bits of PeerCoin hanging around. Unbelievably it's such an old fork of Bitcoin that it retains IRC support, except it will join the #bitcoin channels because their find and replace didn't quite get everything.
The pre-mine is predictable, the first block makes an insane number of coins for GAW. Interestingly if anybody wanted they could have forked the network right back from the genesis block and taken the 12M coins for themselves, the difficulty is a bit high to do that now though unless you have 1Ph/s in your pocket. Up until 20 hours the PoW miners actually got a lot more block reward, but this was changed down for some reason.
There's no months of work here, they just picked a random altcoin developer a week ago to make another poor fork of PeerCoin, tweak some values, add a logo and some fresh paint from the hardware store, and sell it as gold. We weren't expecting much better though, were we
Looks like they were planning to move from hashtalk.org to paycointalk.org as well.
No hybrid flex to be found, it's just another nasty PeerCoin fork with not notable changes whatsoever. Still even has little bits of PeerCoin hanging around. Unbelievably it's such an old fork of Bitcoin that it retains IRC support, except it will join the #bitcoin channels because their find and replace didn't quite get everything.
The pre-mine is predictable, the first block makes an insane number of coins for GAW. Interestingly if anybody wanted they could have forked the network right back from the genesis block and taken the 12M coins for themselves, the difficulty is a bit high to do that now though unless you have 1Ph/s in your pocket. Up until 20 hours the PoW miners actually got a lot more block reward, but this was changed down for some reason.
Code:
int64 GetProofOfWorkReward(int nHeight, unsigned int nTime)
{
int64 nSubsidy = 0;
if(nHeight == 1){
nSubsidy = 12000000 * COIN;
}else if(nTime <= POW_START_TIME){
nSubsidy = 0 * COIN;
}else if(nTime < POW_END_TIME){
nSubsidy = 49 * COIN;
}
return nSubsidy;
}
{
int64 nSubsidy = 0;
if(nHeight == 1){
nSubsidy = 12000000 * COIN;
}else if(nTime <= POW_START_TIME){
nSubsidy = 0 * COIN;
}else if(nTime < POW_END_TIME){
nSubsidy = 49 * COIN;
}
return nSubsidy;
}
There's no months of work here, they just picked a random altcoin developer a week ago to make another poor fork of PeerCoin, tweak some values, add a logo and some fresh paint from the hardware store, and sell it as gold. We weren't expecting much better though, were we
Looks like they were planning to move from hashtalk.org to paycointalk.org as well.
Well here is a question, that i posted on hashtalk that got skipped over it seems.. if its like peercoin any wallet holder/qt wont it auto stake just by holding the coins? Don't need any super duper amazing super node or what ever they going to call it?
Icon
December 12, 2014, 07:42:57 PM
Well here is a question, that i posted on hashtalk that got skipped over it seems.. if its like peercoin any wallet holder/qt wont it auto stake just by holding the coins? Don't need any super duper amazing super node or what ever they going to call it?
Icon
Yes, but "only" at 5% APY. Super amazing is needed for the 400% APY staking.
December 12, 2014, 07:40:10 PM
Lets look at the source code.
No hybrid flex to be found, it's just another nasty PeerCoin fork with not notable changes whatsoever. Still even has little bits of PeerCoin hanging around. Unbelievably it's such an old fork of Bitcoin that it retains IRC support, except it will join the #bitcoin channels because their find and replace didn't quite get everything.
The pre-mine is predictable, the first block makes an insane number of coins for GAW. Interestingly if anybody wanted they could have forked the network right back from the genesis block and taken the 12M coins for themselves, the difficulty is a bit high to do that now though unless you have 1Ph/s in your pocket. Up until 20 hours the PoW miners actually got a lot more block reward, but this was changed down for some reason.
There's no months of work here, they just picked a random altcoin developer a week ago to make another poor fork of PeerCoin, tweak some values, add a logo and some fresh paint from the hardware store, and sell it as gold. We weren't expecting much better though, were we
Looks like they were planning to move from hashtalk.org to paycointalk.org as well.
No hybrid flex to be found, it's just another nasty PeerCoin fork with not notable changes whatsoever. Still even has little bits of PeerCoin hanging around. Unbelievably it's such an old fork of Bitcoin that it retains IRC support, except it will join the #bitcoin channels because their find and replace didn't quite get everything.
The pre-mine is predictable, the first block makes an insane number of coins for GAW. Interestingly if anybody wanted they could have forked the network right back from the genesis block and taken the 12M coins for themselves, the difficulty is a bit high to do that now though unless you have 1Ph/s in your pocket. Up until 20 hours the PoW miners actually got a lot more block reward, but this was changed down for some reason.
Code:
int64 GetProofOfWorkReward(int nHeight, unsigned int nTime)
{
int64 nSubsidy = 0;
if(nHeight == 1){
nSubsidy = 12000000 * COIN;
}else if(nTime <= POW_START_TIME){
nSubsidy = 0 * COIN;
}else if(nTime < POW_END_TIME){
nSubsidy = 49 * COIN;
}
return nSubsidy;
}
{
int64 nSubsidy = 0;
if(nHeight == 1){
nSubsidy = 12000000 * COIN;
}else if(nTime <= POW_START_TIME){
nSubsidy = 0 * COIN;
}else if(nTime < POW_END_TIME){
nSubsidy = 49 * COIN;
}
return nSubsidy;
}
There's no months of work here, they just picked a random altcoin developer a week ago to make another poor fork of PeerCoin, tweak some values, add a logo and some fresh paint from the hardware store, and sell it as gold. We weren't expecting much better though, were we
Looks like they were planning to move from hashtalk.org to paycointalk.org as well.
Well here is a question, that i posted on hashtalk that got skipped over it seems.. if its like peercoin any wallet holder/qt wont it auto stake just by holding the coins? Don't need any super duper amazing super node or what ever they going to call it?
Icon
December 12, 2014, 07:39:16 PM
It looks like my wallet forked off again, stuck at block 277... does anyone know how to see the current block on GAW's pool?
Having the same problem. Nice work Homero!
Same here
What a pile of shit it has been so far. If this is any indication as to the future of Paycoin... Their pool hasn't found a block in awhile either, and it's at 2.2PH.
Network hashrate was 5-6 PH/s before the fork, so maybe the pool is on the wrong one too. That would be exciting.
Edit: Looks like everyone with wallets and also pools are stuck at 277. https://hashtalk.org/topic/23030
December 12, 2014, 07:37:17 PM
Floor explained:
https://hashtalk.org/topic/23022
https://hashtalk.org/topic/23022
Quote
GAW_CEO
Admin
Moderator
Industry Innovator
Exchanges/Price of XPY
Hello,
I want to explain this before it gets asked everywhere.
We are in communication with all the major exchanges. We will do a coordinated launch of XPY. Launching at the same time as Paybase will help us stabilize the price of XPY.
Just to be clear, we will use Paybase to purchase Paycoins. That is where we will manage the floor. Paybase will launch approximately one week from today.
Keep in mind, we may see smaller exchanges list XPY. I would not get too caught up in the values there, (high or low,) because once Paybase is launched, we will be able to stabilize the price.
If you only read one thing, read this:
Expect the value of XPY to fluctuate for a little while.
Once GAW enters the market, we will stabilize it.
Admin
Moderator
Industry Innovator
Exchanges/Price of XPY
Hello,
I want to explain this before it gets asked everywhere.
We are in communication with all the major exchanges. We will do a coordinated launch of XPY. Launching at the same time as Paybase will help us stabilize the price of XPY.
Just to be clear, we will use Paybase to purchase Paycoins. That is where we will manage the floor. Paybase will launch approximately one week from today.
Keep in mind, we may see smaller exchanges list XPY. I would not get too caught up in the values there, (high or low,) because once Paybase is launched, we will be able to stabilize the price.
If you only read one thing, read this:
Expect the value of XPY to fluctuate for a little while.
Once GAW enters the market, we will stabilize it.
December 12, 2014, 07:35:40 PM
It looks like my wallet forked off again, stuck at block 277... does anyone know how to see the current block on GAW's pool?
Having the same problem. Nice work Homero!
Same here
What a pile of shit it has been so far. If this is any indication as to the future of Paycoin... Their pool hasn't found a block in awhile either, and it's at 2.2PH.
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