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Topic: JKC, the newest Litecoin-based alt coin has arrived! - page 28. (Read 54139 times)

full member
Activity: 154
Merit: 100
Yeeeah, it would be great if we could get a quick relaunch of this coin with a higher initial difficulty.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
no chance to get any block here, I'm afraid.
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
Pretty much looks to be unanimous.  Failed attempt at a launch of a coin.  

The basics of this coin sounded good.  Just the disastrously low difficulty made it impossible to actually implement.  My recommendation:  Scrap it and try again.  
member
Activity: 112
Merit: 10
How comes I've had 18 transactions but only been paid for 1 block?
legendary
Activity: 2940
Merit: 1090
Quote
How insanely low was the initial difficulty set at?

How freaking high does it need to be these days, as no coin lately has managed to set it anywhere near high enough despite each having the previous failed value to multiply a bunch higher yet again to get closer to a reasonable value yet none have been anywhere near sane. How much are they each multiplying the previous fail by in their attempt to get it right?

-MarkM-

same as litecoin

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-
sr. member
Activity: 476
Merit: 250
same here, closing it down not worth it to me, back to Bitbar
member
Activity: 84
Merit: 10
arg
149 orphans/150 blocks
no point in mining
sr. member
Activity: 369
Merit: 250
I can't sync my wallet, wtf  Sad

I have 0 connections, weird. All my other wallets work.
newbie
Activity: 7
Merit: 502
I stopped mining this coin.
member
Activity: 70
Merit: 10
Quote
How insanely low was the initial difficulty set at?

How freaking high does it need to be these days, as no coin lately has managed to set it anywhere near high enough despite each having the previous failed value to multiply a bunch higher yet again to get closer to a reasonable value yet none have been anywhere near sane. How much are they each multiplying the previous fail by in their attempt to get it right?

-MarkM-

same as litecoin
member
Activity: 84
Merit: 10
legendary
Activity: 876
Merit: 1000
Etherscan.io
WTB JK @ 10 LTC / 1k JK

Sold, PM for details  Grin
member
Activity: 70
Merit: 10
Quote
what is junkcoined.exe?
this is the daemon. you use daemon to get status etc.

Quote
lolz.. looks like we are already down to 200 coins/block. So I guess this counts as day 2
hope difficulty will be adjusted soon
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
163 accepted blocks.  0 coins.  All orphans.  
newbie
Activity: 14
Merit: 0
WTB JK @ 10 LTC / 1k JK
legendary
Activity: 2940
Merit: 1090
How insanely low was the initial difficulty set at?

How freaking high does it need to be these days, as no coin lately has managed to set it anywhere near high enough despite each having the previous failed value to multiply a bunch higher yet again to get closer to a reasonable value yet none have been anywhere near sane. How much are they each multiplying the previous fail by in their attempt to get it right?

-MarkM-
legendary
Activity: 876
Merit: 1000
Etherscan.io
lolz.. looks like we have are already down to 200 coins/block.

wow, second day already!

Its been like what, 30 mins from the OP .  Cheesy

Accelerated time travel
member
Activity: 84
Merit: 10
lolz.. looks like we have are already down to 200 coins/block.

wow, second day already!
legendary
Activity: 876
Merit: 1000
Etherscan.io
lolz.. looks like we are already down to 200 coins/block. So I guess this counts as day 2  Grin
hero member
Activity: 766
Merit: 621
Own ONION
miserable me, I got only 2 blocks then all the rest are rejected... big fishes have mercy...
BTW, anyone start a mining pool for our small fishes?? there are bounty also!
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