JKC, the newest Litecoin-based alt coin has arrived! - page 26.

js2082

member

Activity: 70

Merit: 10

Quote

Why not just fix the problem and relaunch it? Most of us like the ideas you had. It sounds like a fun coin. But the whole beginning stages of it aren't able to be implemented at such a low difficulty.

well I think it is too late, this is p-2-p network, it is not under my control, the nature of p2p, it's a good experiment, anyway I gave it a good name:-) Have fun guys, and I learned quite a bit from there...

ymer

sr. member

Activity: 308

Merit: 250

Try again OP, can't be mined-

whj

member

Activity: 84

Merit: 10

7TcFBsN69fkQ4hH8uVc5DGp9N2BiST1rvc
My address ，Give me some?

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: murkanovic on May 04, 2013, 12:54:06 AM

Quote from: monocolor on May 04, 2013, 12:49:52 AM

anyone create a mining pool??

hopefully not.

1) fix the difficulty (that's the easiest part)
2) generate new genesis block (an hour min?)
3) fix for the future-history (well, that's way over my head)
4) pool (?)

Where are you from, that nick sounds like Balkan, precisely Bosnian surname?

e777

member

Activity: 98

Merit: 10

port?

murkanovic

full member

Activity: 154

Merit: 100

Quote from: monocolor on May 04, 2013, 12:49:52 AM

anyone create a mining pool??

hopefully not.

1) fix the difficulty (that's the easiest part)
2) generate new genesis block (an hour min?)
3) fix for the future-history (well, that's way over my head)
4) pool (?)

monocolor

hero member

Activity: 766

Merit: 621

Own ONION

Quote

gg rip junkcoin
5/4/2013-5/4/2013

lol, already 3rd day, lol. any mining pools!!!

Quote

Why do you need a pool? Difficulty is so insanely low your 1998 Nokia phone that plays the Snake game could mine these coins.

It also wouldn't get anything but orphans either though.

I got only rejected ones!!!

Nolo

hero member

Activity: 686

Merit: 500

Whoa, there are a lot of cats in this wall.

Quote from: monocolor on May 04, 2013, 12:49:52 AM

anyone create a mining pool??

Why do you need a pool? Difficulty is so insanely low your 1998 Nokia phone that plays the Snake game could mine these coins.

It also wouldn't get anything but orphans either though.

markm

legendary

Activity: 2940

Merit: 1090

Quote from: monocolor on May 04, 2013, 12:49:52 AM

anyone create a mining pool??

Did a fully accurate step by step guide to adapting p2pool to yet another litecoin clone get published yet?

-MarkM-

RustyShackleford1950

sr. member

Activity: 266

Merit: 251

out of sync, unable to connect to network

monocolor

hero member

Activity: 766

Merit: 621

Own ONION

anyone create a mining pool??

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

There is windows gui wallet.

markm

legendary

Activity: 2940

Merit: 1090

Quote from: js2082 on May 04, 2013, 12:40:27 AM

Quote

Litecoin was years ago, and probably already too low even way back then.

Recently blocks have been one second or less apart at such low difficulty, so it needs to be higher by at least the number of seconds there are in the actual target time between blocks just to stretch that second out so we can see how much actually less than a second it is between blocks. Most likely it needs to be even more increased than just by the number of seconds in the target time.

Basically it is just another pre-mine all over again, nothing learned at all from the previous pre-mined-in-public-sight coins.

The lesson evidently being, pre-mining is the way to go, anyone who doesn't pre-mine is just leaving money on the table they and their buddies should have had the sense to grab.

-MarkM-

Yes this is right. Unfortunately premined by someone else, not by its creator. Oh well, I created it for fun, anyway have fun.
For those with fast machine, good for you guys.

The whole big award in early blocks to fund bounties is pointless then, instead it should be no award at all for the first hundred blocks, which if the initial difficulty is set correctly should take no less than 100 minutes to mine even if all the miners who are able to notice the launch within 100 minutes go back in time to the moment of launch and start mining then.

If you need some set aside for bounties, issue it to a hard-coded address in the first block or something like that.

-MarkM-

brie

full member

Activity: 154

Merit: 100

I've officially solved a block! 5 JKC!

maunderingcabal

full member

Activity: 154

Merit: 100

Don't dwell in the past, don't dream of the future

I don't' believe in mining coins without GUI wallets. If you didn't take time to make a GUI wallet, it's probably premined to hell. Good luck though. I like the name.

digicoin

legendary

Activity: 1106

Merit: 1000

Ha ha FeatherCoin trandition. FeatherCoin is dead, replaced by CHNCoin. CHNCoin is dead, replaced with JunkCoin. Several days in a row

markm

legendary

Activity: 2940

Merit: 1090

Quote from: js2082 on May 04, 2013, 12:13:35 AM

Quote

And the block hashes or headers or some such are used to seed it each block so that people cannot pre-compute the entire future-history of which blocks will have the super-high rewards?

well you are right, I should have used the block hash, but I was too lazy...

Okay so that needs fixing too. No point having a future-history list of all the "random" awards all the way into the future floating around, which is what will happen as-is.

-MarkM-

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

It had to fail, I've seen the thread while there was only one reply. If it was good I'd see it when there's only 300 blocks left to be mined Grin

Nolo

hero member

Activity: 686

Merit: 500

Whoa, there are a lot of cats in this wall.

Quote from: js2082 on May 04, 2013, 12:40:27 AM

Quote

Litecoin was years ago, and probably already too low even way back then.

Recently blocks have been one second or less apart at such low difficulty, so it needs to be higher by at least the number of seconds there are in the actual target time between blocks just to stretch that second out so we can see how much actually less than a second it is between blocks. Most likely it needs to be even more increased than just by the number of seconds in the target time.

Basically it is just another pre-mine all over again, nothing learned at all from the previous pre-mined-in-public-sight coins.

The lesson evidently being, pre-mining is the way to go, anyone who doesn't pre-mine is just leaving money on the table they and their buddies should have had the sense to grab.

-MarkM-

Yes this is right. Unfortunately premined by someone else, not by its creator. Oh well, I created it for fun, anyway have fun.
For those with fast machine, good for you guys.

Why not just fix the problem and relaunch it? Most of us like the ideas you had. It sounds like a fun coin. But the whole beginning stages of it aren't able to be implemented at such a low difficulty.

bopbeep

member

Activity: 84

Merit: 10

gg rip junkcoin
5/4/2013-5/4/2013

Topic: JKC, the newest Litecoin-based alt coin has arrived! - page 26. (Read 54191 times)