Be warned: some programmers sre protecting their own coins by sabotaging and KILLING your COINS. Read the facts and decide for yourself. I left names out to protect those who may have made a simple error although they should have fixed it long ago.
I trusted what I thought was a top notch programmer with my best interest in mind.
In reality he sabotaged my coin by destroying its only selling lint end doesn't even try to fix it and wouldn't even do,,indicate about it. This was all about killing one more coin so his coin can have a better chance.
And the premine he pushed on me, how could he screw that up or did he? Where's the 3 million coins I'm getting slack.
I'm gonna try to protect his ID in case it was an honest mistake but he should have fixed the error ny now instead of watching the coin get killed and me look like a scammer when I told him to kill all premines. E
Seems like this forum has become corrupt - too ,any people screwing the new guy to keep new coins from going to market. Pretty messed up. Bitcointalk needs to clean these crooks up never worlds gets out and nobody comes here looking for advice or to launch a coin.
I'll call him programmerX to protect his ID.
Here's the part which made me trust him plus everyone I talked to really pumped him up - he had a good rep that's why I'm keeping his name out of the forum so I don't ruin his good name but he has to fix this or pay my money back:
The PoS coins imply PoW, so those coins are both schemas combined. PoS currently is the better choice for long-term coins as its more 51% resistant--but its harder to premine and you can't change block rewards in it (most people call this "fair" but a coin YOU choose the parameters on shouldn't have to be fair to others).
You can tell me what you'd like to change and I can tell you if it can be done. As for hardforks in the future, ugh, I'm not big on them, but if we set the diff adjustment to something easy or linear, then you'll never have to worry about getting stuck.
My price is high, but its fair, I've charged less in the past (or nothing) but the hassle that these coins bring is not for the faint of heart. For my price you'll get a coin that you can mine yourself, launch and ride the wave, or do nothing with. That part's up to you, I'm just a lover of code. My coins are all very well commented so any future work can be done by anyone competent with c++.
For the record I've done quite a number of coins, you can look at BottleCaps for a PoS coin example and you can look at TradeCoin/EZCoin as PoW examples.
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Now here's my specs to him, really clear and straight forward. I chose them BTW, I did the math and chose what I thought would be the best velocity and time to confirmations, etc. so he just had to plug them in.
- proof of stake - you said PoS includes PoW so that's great!
- Scrypt
- 70 seconds block time
- 49 coins per block
- Retarget every block using last 21 blocks average
- Trade confirmation: 3 (is this Ok?)
- Mint confirmation: 50 (is this OK?)
- Total number of coins approx 440,000,000 (7 Years) this doesn't add up until I explain the accelerated cash-flows features I want to help most smaller miners while also rewarding the big miners.
- fair start, no premine, no instamine
- port: Connection (I have no idea, help me with this).
All do-able. Tell me more about this VGB idea?
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Here's a few posts from me to him. You tell me if you think it's all on the up and up or not cause I'm pretty naive.
« Sent to: ProgrammerX on: July 12, 2013, 06:02:19 PM »
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Ok, I'm sold, but what do you mean I can mine my own coin and ride the wave? I can't premine, everyone would find out and ill be screwed. I promised honesty so I can't premine. I'll have to be happy with the 1% I get from mining.
I'll send you the parameters I know of and you can maybe help me choose the ones I'm clueless about. I'm an economist (unemployed, lol) so I know little about C++. Thanks again.
After I send you the parameters I want ill send you the feature inreallynwant to help the small miner, I call it the VGB protocol. I hope people will like it csuse it will make mining for fun for everyone and reward smaller miners more on a. % relative basis.
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Here's where I tried to hire ProgrammerY, another high rep programmer to help Programmer X just to make sure it got done right. I doubt many people would spend double when one programmer says he can do the job. That's how bad I wanted this coin to be done right. I guess I had a bad feeling cause ProgrammerX was confident he could do it in 24-48 hours.
Re: (No subject)
« Sent to: ProgrammerY on: July 13, 2013, 12:37:56 PM »
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If you can help him cause he said my ambitions are too much, I would do my best to pay the both of you. Right now my biggest worry is wasting precious time or having my ideas stolen. Please help me out and I will in turn help the both of you in anyway I can.
Please consider it, I'm a giving person and I try to be honest and never rip anybody off. However you guys wanna do this I'm ok with it just please consider helping me out.
Right now you two are the only ones of the planet that know about my ideas. Please don't do anything to ruin this for me. It's a dream for me. It may not mean much to you guys but it means the world to me. I will support anyway you two wanna do this just please be fair with me and I will honor you both in turn.
Thanks and God bless!
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And finally, here's where I said, screw it, people are flipping out over just a 1% premine so just cancel It all. Cancel all premine even the 1% which was for bounties to help develop the coin. Unreal!!! My programmer works for me, why didn't he listen to me? Now looking back its odd, like they wanted my coin to fail due to premine cause they said that was the only way for me to get paid cause it was too hard to lay me on a gradual basis like the polls showed people were ok with. I now think I was lied to
Re: (No subject)
« Sent to: Programmer X on: July 14, 2013, 07:05:18 AM »
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Ok. I kept your name a secret. Now everyone is flipping out about the 1% premine. What's wrong with these people? How can I get paid if I put out a new coin? They expect devs to work for free. This is why I wanted my 1% to pay me gradually but you said that's not possible. I don't know how else then to get paid besides a premine cause these guys are freaking out.
Do you know any other legit way? 1% is nothing, i know devs earning way way More. There's gotta be a way to get paid as a dev without this maddening circus. It makes me wanna quit but I feel this is a good new feature for the small guy, the miner which is who I am.
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« Sent to: ProgrammermX on: July 14, 2013, 07:29:37 AM »
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Listen, I'm battling with these selfish people. I created a coin which would really help them out, the smaller the miner the better off they'll be yet they're ready to kill me for 1% premine.
And when they hear about roughly 440,000,000 million coins which means I'll get like 4.4 million they're go nuts. I'm trying to talk to them but if that doesn't work I don't know what to do.
I thought 1% was so fair for helping level the field for millions of small miners but they're just haters. But I want this coin to succeed.
That said, if I can't get them to understand then ill let you know to please remove my 1% premine too. So I'm basically gonna work for free. I'm on these forums 16 hours per day but they don't care. I have 2 small kids but they don't care. I'll have to find another way later on to make some money cause it doesn't look like any premiering will work.
I'll keep talking to them but its looking bad so I'll let you know necker I go to bed. Sorry for all this mess, I didn't expect to see such hate for 1% fee.
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« Sent to: Programmer X on: July 14, 2013, 08:21:27 AM »
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Please take out the 1% along with the 5%. I can't believe how greedy and stupid people are. I'm Bringing something new and I can't even make 1%. Sorry.
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Re: (No subject)
« Sent to: Vlad2Vlad on: July 14, 2013, 04:14:19 PM »
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Hey I gave this a bit of thought and here's my 2 cents (if you want it, remember I'm neutral here, and the shellacking in the threads you've taken is why I mentioned hassle):
1: its YOUR coin, so fuck 'em. Seriously, pretty much every single alt-coin has been a pump and dump to make the owner some $ and why shouldn't it be? I don't see anything unethical about taking a small portion of the coins for yourself if nothing else to pay for additional development down the road with the coin (and you'll need to do that).
2: 1% is NOT unethical at all in my opinion as long as a portion of it goes back in to the project. We can set the blocks up however you want, if you'd like to make the rewards for blocks 100-5000 worth a bit more to spur early adoption, we can do that. If you'd like to increase the probability of hitting the VGB block, we can do that too.
3: SHUT UP. (ha, no, really). I don't mean to be mean, but for real, you gotta stop talking about your coins in threads before its even on the table. I know you solicited coin ideas from miners, leave it at that. There's NO CONSENSUS on this site and no matter how many "oh come on guise" threads you post, you'll always get someone who wants to talk shit on your coins, you, your family, etc. This is 100% the reason I have withdrawn any public offers to make coins and 100% the reason my coin creation policy is so rigid.
In the end remember, YOU chose to make the groups ideas in to something real, not the group. YOU get to drive the direction it goes in, not the group. Take their input with a grain or two of salt and you'll be just fine.
As for your coin, I propose this: 1% total premine in 2 blocks. Be upfront about it, offer half of the .5% (1.1M coins) immediately in a giveaway thread and give people 200+ coins each. Offer the other 1/2 of the .5 as bounties for pools, block explorers, and such, divide it up as you see fit but give the entire 1.1m away.
Save the other 2.2M coins for yourself, but post your address publicly so it can be examined via the block explorers and DON'T DUMP them the minute they hit an exchange. Better yet, save a few BTC and buy some of your own coins when they hit an exchange and or offer some % of your 2.2M for trades in to other alt's, perhaps with other coin owners as kind of an "investment" in each other's coins.
Ok, that's my 2 cents (8 cents worth really) and hopefully gives you some guidance. I have said enough and am ready to finish this coin. I'm going to stick with the 1% premine and you're going to send me some logos so I can get it off the development table in and to your hands.
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I'm a newbie why wouldn't I resist respected programmer? Why hasn't he fixed the problem he created with my coin but instead watches it die while blocking my email. Why did he talk me into 1% and now days on,un half was premined? Why, is that such a touch thing to code? I doubt it c
I got played. He saw a threat, a popular coin and wanted to kill it. He killed the main feature and then killed the bounties so is have no money to fix it and then allowed the code to show a full 1% so people would be conncjned I was sitting on 4.4 million coins when in fact he was the one holding them and giving them away and then he gave them to r3, which I OK'd, but when I asked r3 to give me the coins he refused and on,h sent me 100,000 coins and said he'd take care of the rest.
Since he quit, I got 1.6 million but I have a feeling there's a whole lot of stealing going in cause this makes no sense. A reputable programmer if he makes a mistake he fixes it ASAP,, he doesn't block hour address and watch your coin die while you paid him in full for it.
It looks like bitcointalk has become a brood of vipers where those with coins kills the smaller guys unfairly with lies and manipulation so they don't have any competition.
Programmer X, I'm being a man by giving you one last chance. Fix the code you messed up and if you can't then give me my money back so I can hire someone else.
And I got slammed by everyone for premining 1% when you cleverly only mined .5% or did you? I want all that was premined dissect its all I have to get this coin off the ground.
You sir, have committed fraud and I'm giving you a chance to fix it like a man and no more will be said. Please fix the errors you should have fixed the next day not the next week when my coin is dead. You sir are without class or morals.