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Topic: ¤ HEX ¤ Rapid Reward Decreasing [Official Thread] ¤ Contest + China outbreak - page 5. (Read 8205 times)

newbie
Activity: 28
Merit: 0

How can I do it? Because I care!

COIN INFO:
Scrypt-Standard, Litecoin based,
Rapidly Decreasing Reward Structure


Also, Chinese miners and fans of HEX; please visit this thread: https://bitcointalksearch.org/topic/heisenberg-hex-coin-511206 [Chinese OP translation]
DONATIONS ADDRESS FOR OUR CHINESE TRANSLATORS: Th2F1NWcG9Vo1Qzye4oGenu1DDyMbQNebY
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Heisenberg Hex Coin Features Breakdown

30 second block time
5 confirmations for transactions
45 confirmations for mined blocks

Reward Structure: Rapidly Decreasing Hexadecimal Spiral

512,000 coins per block, with a 50% chance(1/2) of finding 1028000 for the first 2 days

128,000 coins per block with a 6.25% chance(1/16) of finding 1028000 for the next 4 days

56,000 coins per block with a 3.125% chance(1/32) of finding 1028000 for the next 8 days

32,000 coins per block with a  1.56% chance(1/64) of finding 1028000 for the next 16 days

16,000 coins per block with 0.78% chance(1/128) of finding 1028000 for the next 32 days

8,000 coins per block, with a 0.39% chance(1/256) of finding 1028000 for the next 64 days

4000 coins per block, with a 0.0195% chance(1/512) of finding 1028000 for the next 128 days

2000 coins per block, with a 0.00975% chance(1/1028) of finding 1028000  for the next 256 days

FINAL STAGE

1000 coins per block, with a 0.00487% chance(1/2056) of finding 1028000,  in perpetuity, until all coins have been mined. Expected length of this stage is 1.5 - 3 years, ensuring that the coin will remain viable into the future.

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Wallet Downloads
WIN 64 bit WALLET: https://www.dropbox.com/s/dhxxylwugixphyr/Heisenberg-works.zip
(VirusTOTAL Report (CLEAN): https://www.virustotal.com/hr/url/3d43d171b88970386b4baa38a6312bc122b113ecc64329e0b817f23196cc16d7/analysis/1394546487/)
MAC Wallet: /dlvDgN]https://mega.co.nz/#!x0JTXZaI!SSk_78iMrF43ds4r6uViJXoPuIGVfkhpoRbqYTa5AWg
(VirusTOTAL Report (CLEAN): https://www.virustotal.com/hr/url/274b18e83a3b2b1db2350782fdb36e225aa3d656f350d26269233ac115c82f67/analysis/)

GITHUB SOURCE: https://github.com/HeisenbergCoin/HeisenbergHex

Sample HeisenbergHex.conf
Code:
server=1
daemon=1
listen=1
rpcuser=jessie
rpcpassword=pinkman
rpcport=39547
rpcconnect=192.168.1.*
rpcallowip=192.168.1.*

addnode=192.241.195.118
addnode=54.213.143.65
addnode=69.165.163.66
addnode=82.6.221.132
addnode=109.30.252.146
addnode=179.223.185.127
addnode=78.130.202.203
addnode=100.1.82.147
addnode=86.163.160.75
addnode=75.80.57.254

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About Heisenberg Hex
is a modern scrypt crypto-coin that is a descendant of litecoin. It uses a proof of work scheme, and will be rapidly distributed by way of a rapidly decreasing reward mechanism that follows a hexadecimal pattern. The later stages are designed in such a way as there will still be an incentive to mine, and therefore keep the network active, into the future, while still providing a strong incentive to mine as soon as possible in the early stages.

Initially Heisenberg Hex provides 512,000 coins per block, with a 50% chance of each block rewarding miners with 1028000 coins instead. Each time the block reward changes, the standard block size, as well as the chance of hitting a super block, will decrease.

The size of a super-block, however, is static, at 1028000 coins, and will remain so, throughout the entire life-cycle of the coin. Full details of the hexadecimal descending reward structure can be found above at top of the thread.


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Giveaways
There will be giveaways organized, to be announced.
Giveaway Address for community donations: TnpGXgYVtJoDPD8p3f2t6b2zNqfD2XjAbE (http://explorer2.sancrypto.info/search?q=TnpGXgYVtJoDPD8p3f2t6b2zNqfD2XjAbE)
CURRENT BALANCE: 499.996 HEX

Currently you can get some free HEX here: http://altcoinauthority.com/2014/03/cook-coins-with-heisenburg-hex/

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Bounties INFO
Saul provides bounties out of his pocket for following things:
LINUX WALLET PACKAGE BUILD - 100.000 HEX
FAUCET (up to 3 max) - 150.000 HEX per Faucet
GAMES - 200.000 HEX per good game, up to 3
Translations - VARIOUS AMOUNT OF HEX per job (Chinese: Done)

For donations to BOUNTY address send your HEX here: TtazcENiwr3vEqS79VrQbpyxkF7XeC6qJ9
Who can top Saul and add up to bounty fund? All funds will be used exclusively for bounties. Current fund: 1.2 mil HEX. Target: 5 mil HEX (games must be rewarded properly)

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Block explorers and other info
BLOCK EXPLORER: http://explorer2.sancrypto.info/chain/HEX
Exchange rates and graphs: http://sancrypto.info/index/show/HEX/


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Various
Yes, it's truth, the coin had a pre-mine issue. It is long gone now, at this point. That's a bad thing but a lucky solution for most issues in future. At current point, we'll have few funds for the current developers, some for giveaways, faucets and similar, and it's all have to be community backed up. So, big holders, big miners, this is a public shout for you to help out. All addresses will be posted soon, as soon as Saul gets to talk to the Cooks. Of course, we'll keep the transparency at 100%. Bounties coming up too. Saul is here, we'll sort everything out now.

Community call out
List of addresses and their purpose will be announced soon...

CONTESTS
1. ACTIVE NOW (till approx 19:00 GMT):
Winner gets 10,000 HEX. Post a Breaking Bad meme with your HEX address below. The meme that is the best I'll send the 10,000 to. 4h deadline for this.
And Saul is doubling stake, 20k it is, 10 from the contest author, 10k from me.
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