Here we go again, I knew about FC from day one.
I knew it from the Trollbox.
People tryed to get others in for the minning.
While I knew, I laughed it off and continued to mine only litecoins for a week.
Who is to blame that I have only a few hundred FC now???
Is it the Developer?
Topic: Merged Mining LTC w/other Scrypt (Read 3612 times)
FC was not premined. PERIOD. pre = before. Nobody started mining until it was open to the public. If you weren't on the forum then that's too bad for you. It was "mined without warning" but it definitely was not "premined"
3 million coins in the first day. blocks were being found every 5-10 seconds.
Basically we need a "bitcoin with ONLY the merged mining patches applied" repo to start from, regardless of whether we are going to then proceed to replace the hashing code with scrypt code or not.
All merged mined coins, regardless of which hashing algo they end up using, would benefit if from time time time a recent version of bitcoin was taken and the merged mining patches applied to it.
Then anyone working on any coin, even those making yet another new coin from scratch, can simply start from the latest "bitcoin with ONLY the merged mining patches applied" repo instead of the plain old bitcoin repo when updating or creating their coin if they want to include merged mining ability in their coin.
-MarkM-
All merged mined coins, regardless of which hashing algo they end up using, would benefit if from time time time a recent version of bitcoin was taken and the merged mining patches applied to it.
Then anyone working on any coin, even those making yet another new coin from scratch, can simply start from the latest "bitcoin with ONLY the merged mining patches applied" repo instead of the plain old bitcoin repo when updating or creating their coin if they want to include merged mining ability in their coin.
-MarkM-
I'm not his buddy. Never talked to the guy. And I got quite a few coins.
FC was not premined. PERIOD. pre = before. Nobody started mining until it was open to the public. If you weren't on the forum then that's too bad for you. It was "mined without warning" but it definitely was not "premined"
3 million coins in the first day. blocks were being found every 5-10 seconds.
I'd love to see MM implemented into a scrypt coin or coins. Even if the coin is worthless, MM is fun.
The reality is that there isnt a 2nd scrypt coin worth mining, PERIOD, even if its mergemined for free, you should NOT support scams like Novacoin and pump-n-dump coins with massive premine like FC.
FC was not premined. PERIOD. pre = before. Nobody started mining until it was open to the public. If you weren't on the forum then that's too bad for you. It was "mined without warning" but it definitely was not "premined" 
The reality is that there isnt a 2nd scrypt coin worth mining, PERIOD, even if its mergemined for free, you should NOT support scams like Novacoin and pump-n-dump coins with massive premine like FC.
What else shouldn't I do?
+1
The reality is that there isnt a 2nd scrypt coin worth mining, PERIOD, even if its mergemined for free, you should NOT support scams like Novacoin and pump-n-dump coins with massive premine like FC.
AMEN!
The reality is that there isnt a 2nd scrypt coin worth mining, PERIOD, even if its mergemined for free, you should NOT support scams like Novacoin and pump-n-dump coins with massive premine like FC.
What else shouldn't I do?
The blockchain has to be modified to accept other blockchain's PoW's. The way merged mining works with bitcoin and namecoin is that the namecoin block chain agrees to accept a special transaction hash in the bitcoin block as proof of work for a namecoin block.
Is anyone doing this?
Not that I know of. Remember mm is a forking change, it requires code support in the coin and enough people to switch to that version to get it to do so. I have yet to hear of anyone making a mm scrypt coin.
The reality is that there isnt a 2nd scrypt coin worth mining, PERIOD, even if its mergemined for free, you should NOT support scams like Novacoin and pump-n-dump coins with massive premine like FC.
no but it should be done
scrypt coins atm
Litecoin
novacoin
bbqcoin
feathercoin
i might be missing afew
scrypt coins atm
Litecoin
novacoin
bbqcoin
feathercoin
i might be missing afew
Is anyone doing this?
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