Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2211. (Read 3377790 times)
December 12, 2014, 06:12:31 PM
prepare for the avalanche dump that shall smite gaw and there ff7 shinra sized mess
December 12, 2014, 06:09:53 PM
so,,, since i don't hang on HT anymore, wtf are these stakers doing atm, nothing? Can people even *get* any XPY coins yet other than by this mining outside of gaw? i so confused... 
Well the first PoW block gave GAWminers 11,000,000 coins (one block, 11M coins)
The entire week of PoW mining will give the rest of the miners 504,000 coins (10080 blocks, 49 coins per block).
What pre-mine?
That's about a third of my pessimistic estimate a few pages back. I thought people would get 1.5 million, and even then I questioned the point. 500k? Ouch.
December 12, 2014, 06:09:28 PM
Ah actually, it's not a poor PeerCoin fork, it's a poor fork of "peerunity", a Peercoin fork.
https://github.com/Peerunity/Peerunity
Go figure.
Code:
/home/bushido/Downloads/88/Peerunity-master
https://github.com/Peerunity/Peerunity
Go figure.
So let me see if I understand this correctly. The "very, very reputable company" that GAW hired to develop this super advanced coin took a Peercoin fork, did a search/replace, didn't even proofread it let alone any kind of serious review (how do they know there is no backdoor or something?), and this is the payment network to rival PayPal. I think GAW should sue that "company", because they seem to have been scammed
December 12, 2014, 06:08:13 PM
so,,, since i don't hang on HT anymore, wtf are these stakers doing atm, nothing? Can people even *get* any XPY coins yet other than by this mining outside of gaw? i so confused...
Well the first PoW block gave GAWminers 11,000,000 coins (one block, 11M coins).
The entire week of PoW mining will give the rest of the miners 504,000 coins (10080 blocks, 49 coins per block).
What pre-mine?
If it went over your head, the "miners" get chicken feed , there's no value in anybody pointing 2PH/s at this worthless network.
December 12, 2014, 06:07:14 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.
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;
}
Looks like they were planning to move from hashtalk.org to paycointalk.org as well.
Jesus Christ this is going to be a nightmare. Instead of a compressed blockchain for user-level wallets, it's going to be incredibly massive since it shoots for 1 minute between blocks. Not to mention that 1 minute is still too long for point of sale, but whatev.
don't blame Jesus Christ for this, he had no part and this coin
December 12, 2014, 06:06:43 PM
I believe at this point, anybody who chose to flip his miner into a staking wallet has to be facepalming pretty hard.
This is awful.
This is awful.
what for? you think you can mine anything with those miners? its PHs there already...
Because the coin is awful. At least with a Prime, you get DD for half a day without maintenance fees, and eventually you'll make some small amount of money. The staking wallets, on the other hand, are worthless unless they hard fork with about a gazillion changes to the coin and at least one major innovation that keeps the blockchain manageable.
There's no hybridflex anything here. That was all fantasy. This coin is unwieldy.
December 12, 2014, 06:04:44 PM
I believe at this point, anybody who chose to flip his miner into a staking wallet has to be facepalming pretty hard.
This is awful.
its okay the weak minded ht lemmings will pay 40$ a shit stakerThis is awful.
so,,, since i don't hang on HT anymore, wtf are these stakers doing atm, nothing? Can people even *get* any XPY coins yet other than by this mining outside of gaw? i so confused...
December 12, 2014, 06:03:25 PM
I believe at this point, anybody who chose to flip his miner into a staking wallet has to be facepalming pretty hard.
This is awful.
its okay the weak minded ht lemmings will pay 40$ a shit staker i believe in u josh con these guys llong enough till i can dump ur shitty products this coin will be as fcked up as zencloud software This is awful.
December 12, 2014, 06:02:37 PM
soo now is able to mine those new coin and when the convert ratio will be alive
If you're asking about Hashpoints to Paycoin conversion - next Friday (December 19).
If you're asking about Paycoin to BTC or USD conversion - unknown.
December 12, 2014, 06:02:00 PM
I believe at this point, anybody who chose to flip his miner into a staking wallet has to be facepalming pretty hard.
This is awful.
This is awful.
what for? you think you can mine anything with those miners? its PHs there already...
December 12, 2014, 06:01:48 PM
Ah actually, it's not a poor PeerCoin fork, it's a poor fork of "peerunity", a Peercoin fork.
https://github.com/Peerunity/Peerunity
Go figure.
Code:
/home/bushido/Downloads/88/Peerunity-master
https://github.com/Peerunity/Peerunity
Go figure.
December 12, 2014, 05:58:35 PM
soo now is able to mine those new coin and when the convert ratio will be alive
December 12, 2014, 05:56:39 PM
I believe at this point, anybody who chose to flip his miner into a staking wallet has to be facepalming pretty hard.
This is awful.
This is awful.
December 12, 2014, 05:55:45 PM
Thank you 93739 and bumpershot. I was just going to ask if anyone found the thermonuclear code. Looks like a fixed 49-coin block reward.
December 12, 2014, 05:55:26 PM
Quote
Paycoin (abbreviated XPY), also known as Paycoin and Peer-to-Peer Coin
Should have done a visual check of that find and replace.
December 12, 2014, 05:54:35 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.
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;
}
Looks like they were planning to move from hashtalk.org to paycointalk.org as well.
Jesus Christ this is going to be a nightmare. Instead of a compressed blockchain for user-level wallets, it's going to be incredibly massive since it shoots for 1 minute between blocks. Not to mention that 1 minute is still too long for point of sale, but whatev.
December 12, 2014, 05:51:49 PM
For those not looking at the source, PoW ends Fri 19 Dec 2014 01:00:00 PM EST
December 12, 2014, 05:51:45 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 premine is all but 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.
Looks like they were planning to move from hashtalk.org to paycointalk.org as well.
The premine is all but 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;
}
Looks like they were planning to move from hashtalk.org to paycointalk.org as well.
Hahaha.. nice catches...
December 12, 2014, 05:49:09 PM
heres your source wallet for all the nay sayers:
https://github.com/GAWMiners/paycoin
Nice to see you shut up about it now
shit walks money talks i dont think for a sec there is a buy wall unless ur sayin josh is working with nwo 100mil buy wall be destroyed day one if it even exists https://github.com/GAWMiners/paycoin
Nice to see you shut up about it now
December 12, 2014, 05:46:57 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;
}
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.
Jump to: