Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 232. (Read 421426 times)

I don't see it as a good thing to wait around a forum for launch...

I wouldn't worry about sustaining hashrates.. that is defined more by the value add the coin brings.. not by any launch procedure.  

If hashrates really does end up being defined by launch procedure, then it's really just a pump and dump coin: big guys who want an advantage, mine it first day/few hours.. get the easy rewards... then leave.. Seen that many times...

Ultimately not good for the long term potential of a coin.  The more evenly distributed a coin is across a broader breadth of people, the better it will be, and more valuable it will be.. (imo at least).

If you pm me I can help you setup solomining with the wallet on another machine, it is pretty easy.

Why lazyness should become the norm and better rewarded ? That's strange

WHY??? Valid reasons please!!

I also do NOT solo mine and only pool mine. As never able to successfully setup a solo mine or never had the time to sit down and configure it for that purpose. As i have the miner on different system to my wallets. its never easy.

ok I guess it is a good point: finally a coin for people not knowing anything about computer... they have been waiting for it for a very long time.

The problem in your model is that there is no reason anymore to be there at launch (a pool, you can join it anytime, now or in a week won't change that much even if the diff increase). At some point you might (or other coins following your logic) just end up without any hashrate at all.

Why don't you just stop scamming people micryon

Exactly right.. it'll help since pools will act as seednodes and registered by the DNS.. so no more addconf hassle either.  Should all just work out of the box. 

But people definitely have some valid points: learned that during maxcoin launch.  Hey if you know how to compile linux, play around with conf files, solo mine.. you had a HUGE advantage over people that had to wait for pools.. not exactly what i'd call fair (even though i took advantage of it).

I doubt we will get out IPO coins until the true block reward happens.  Or close to it anyway.  This is not the first time a soft launch like this has happened, and hopefully it will not be the last. 

For those of you complaining about not being able to solo a bunch of coins at launch, the KGW would pretty much prevent that anyway.  The (to my understanding anyway) style of launch is to prevent any technical issues from the network being bombarded straight away.  If it is a benefit to the IPO or DEV's financially I am not sure how.

  Phad.

look, this coin has been through numerous launches, a well known fact, of course. but you cant simply hold that fact against the entire team, when most of the team has been introduced after the fact. Hell, cryptowest was brought onto a sinking ship! GPUCoin is attempting to back itself by tangible products. The IPOs have invested in those products, so to dump the coins, is to dump the value of those products. Im a miner, I can hold, I can trade or exchange, but to be able to mine a coin that is backed by the very product I use to mine the coin is like holding stock in that product. I dont give a shit how many launches it takes, this coin must be introduced to the cryptocommunity.

This coins sucks seriously but it so fun to follow it 

clearly not all, already forgotten the auctions ?

Some just don't get, that IPO is for profit. Invest, cash out. First its profit for the scammers called "devs" then for the few idiots that bought in and are lucky enough to cash out before the dump crashes in.

And then the scammers called "devs" tell bullshit about bounty and investments for the coin yet have not been fucking able to launch a coin without failing several times in a row.

A fair coin has no premine let alone an IPO. A fair coin launches equal for everyone (reward model can be debatted). But people don't want fair coins, they want cash quick, fuck the coin if it brigs profit they would mine rotten horseshit it if brings enough bitcoins at dump time.

Everyone who says, you need premines/IPO for investments in the coin is a fucking liar, because a successfull coin can cover everything up with donations. And this "exclusively cheap GPU buyers club" is just another part of the scam that people fall for: You supposed to get "exclusively cheap GPUs" but meanwhile everyone in the trade chain profits from your money.

right, because the IPOs have absolutely NO INTEREST in the GPUCoin Retail Store! It makes perfect sense, because this is just another pump and dump scam coin!

... do you get my sarcasm, or do really believe that this coin is nowhere near the frontline of cryptocurrency innovation?

It won't as some IPO will start dumping their millions of gpucoins

actually this advance wallet is also some way for the ipo to do some exclusive trading... in a "fair" way

Good point, Thanks. But doesn't fill me with confidence.. Exchange prices will be nice and high anyway, but i do see your point.

Do we also have a countdown timer to exact start time. Would be nice..

I guess it's still good to start mining at 1 GPUC, It would make huge price start! Good for trading.

I hope the "CEO" is paying Micryon damn well, because he has single handedly bolstered the confidence in this project.

Rit.

How many launch did this shitcoin do ?  I really wonder.

So...  Get ready for the next launch..

Test and Prepare Your miners  @ https://gpu.suprnova.cc
Mine Vertcoin until the switch will be done automatically like two times before already.


If you rather like to Mine Pandacoin until the launch, look at https://panda.suprnova.cc

Jump in,  lets get this thing finally Rolling!

UPDATE:

Pretty much done at this point.. which is good cuz I hate rushing things last minute   Just going to relax tomorrow, spend some time with the kids.. and wait for the goahead from our CEO here, then push to github.


Development plan
-------

Coding:
  - (done) Temporarily remove checkpoints
  - (done) Change ports
  - (done) Update GPUcoin_seeder with ports.
  - (done) All name changes, and symbol changes: GPUC
  - (done) Change max coins amount, and original COIN amount
  - (done) Change KGW retarget time
 
  - (done) Add in DNSSeed address, and hardcoded 3 node seed addresses, 3 data center VPSes: 2 in US, and 1 in canada
  - (done) Revert fix micro, milli units (this was changed before to avoid integer overflows for 100B+coins)
  - (done) Update subsidy schedule
 
    - (done) change confirmations needed to account for 60second blocktimes changed to 12
  - (done) nfactor schedule

Internal Testing: 
  - testing phase on intranet using linux CLI daemon
    - (done) test client mining (cpu)
    - (done) test rewards   
    - (done) test send/receive   
    - (done) test GPU mining - solo
    - (done)test KGW             
         
Final Modifications:
  - (done) Get PNG logo & graphics from GPUC, and populate QT folder
  - (done) Change address prefix from S to G
  - (done) Add launch Seed nodes to DNSseed main.cpp hard code
  - (done) Fix windows build on makefile
  - (done) Build windows_alpha client
  - (done) Test windows alpha client,     
  - (done)  
  - (in progress : cryptowest team reviewing) get code reviews 
  - (done) test send on test network.

Real Genesis blocks, and fork prevention: 
 - (done)Update to launch pszTimestamp
 - (done)Update to launch nTime to curent POSIX time
 - (done)Create *real* genesis hash, merkle root, and get nonce
 - (done)Mine to 179 blocks
 - (done)Get checkpoints, and update checkpoints.cpp
 - (done) Settle on final node IP address hardcodes, and any changes to DNS seed host addresses
 
Deployment:   
 - (done) Build Final Windows
 - Build OSX client
 - (done) Deploy on VPS behind firewall: DNSSeed, and Seed node
 - (done) Setup IP tables, etc.

Final Test:
 - (done) Test Run DNSseed and make sure it can ping seed nodes, and shows as available
 - (done) Test that DNS seed is working using nslookup
 - (done) Test Final windows build can connect immediately from fresh start (no previous blockdb)
 - (done) Test Final windows build sends / receive coins working
 - (done) Test GPU mining against "real" network for blocks 200-210 (reward=1)
 - (done) Send private build to GPUC
 - (done) Send 400M premine coins to GPUC's wallet
 
Final Launch:
 - AI: GPUC - he has client now - Upload windows build to mega,
 - Push code post launch code to github
 - "Launch Post"