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Topic: NVC is based on broken PPC code (Read 5446 times)

legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
February 18, 2013, 12:33:08 AM
#31
I'm waiting for someone to release a program that I can change 1 variable and then click a button and out it poops a new type of coin, everything prepackaged and ready to distribute.  Then tell everyone to invest!
legendary
Activity: 2940
Merit: 1090
February 12, 2013, 10:04:41 PM
#30
Actually there is no need to create a new coin to be an early adopter, there are coins still running that have crazy-low difficulty so anyone can pick up a bunch of them very easily, heck you can even pick them up with merged-mining in some cases so you can get them using hashing you are already doing. Maybe eventually as even ASICs start being marginal due to driving difficulties up more and more ASIC miners will branch out into more and more merged chains but for now hardly anyone is merging more chains than bitparking and bitparking is only merging a few of the chains so there is plenty of room for early adoption still on a number of easy chains.

Hmm I guess maybe some people won't like me even saying this, it is a bit self-defeating maybe if anyone does in fact act on it, as right now people are able to just keep quietly harvesting them really easily simply because all the big miners don't bother with them yet. In a way the big miners are sitting back letting all the small people "pre-mine" the coins for the time being it seems. By the time the big players sit up and take notice many many small players could have some nice nest-eggs.

-MarkM-
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
February 12, 2013, 09:47:54 PM
#29
There is no way to introduce a coin without Smoothie having a public melt down Smiley

LOL actually no, litecoin did a good job. But then again we all want to be early adopters eh so we create a new coin and tell only our friends about it before making it publicly known.

hahaha
hero member
Activity: 617
Merit: 531
February 12, 2013, 11:49:48 AM
#28
There is no way to introduce a coin without Smoothie having a public melt down Smiley
legendary
Activity: 3108
Merit: 1359
February 12, 2013, 02:25:32 AM
#27
Simran
http://en.wiktionary.org/wiki/nova

nethead
Feature request accepted successfully Smiley
sr. member
Activity: 322
Merit: 250
February 12, 2013, 02:16:23 AM
#26
i want my debug window :mad:
hero member
Activity: 714
Merit: 500
February 12, 2013, 01:41:57 AM
#25
Funny cause "No va" in Spanish means No Go or Doesn't Go or Not Going... No Go Coin/ Doesn't Go Coin/ Not Going Coin..  this coin wouldn't be popular in Mexico, or any country that speaks Spanish for that matter... why do you think the Chevy Nova didn't take off in Mexico? Because in Spanish it meant Chevy Not Going Car LOL.
sr. member
Activity: 342
Merit: 250
February 12, 2013, 01:17:09 AM
#24
So NVC is broken and wasn't introduced properly, too bad...

I would be interested in a properly working and released scrypt-based proof of stake coin, however. And maybe not a complete copy of ppc otherwise would be nice. Variety is useful in alt-coins, clones not so much, in my opinion at least.
legendary
Activity: 2940
Merit: 1090
February 11, 2013, 08:10:16 PM
#23
Premine isn't a coin-killer anyway.

If anything, the fact that there are coins mined by any Tom DIck or Harry that has some hardware can be a bit of a killer, since a whole lot of those Toms Dicks and Harries throw away the coins they mine dirt cheap.

Once upon a time I was skeptical of the players who insisted on issuing 100%-premined coins, I never expected any of them to catch up with bitcoin in price. Yet most of them overtook bitcoin. Weird huh?

-MarkM-
legendary
Activity: 3108
Merit: 1359
February 11, 2013, 08:01:34 PM
#22
No one was hiding the fact its another RUcoin, right, so a few million pre-mined is pretty much normal for them isn't it?

Quote
"moneysupply" : 247758.79000000,

It was 117k yesterday (you can ask people in btc-e chat) and 18k before public release. So, there are 18k coins "pre-mined".
legendary
Activity: 2940
Merit: 1090
February 11, 2013, 07:56:16 PM
#21
No one was hiding the fact its another RUcoin, right, so a few million pre-mined is pretty much normal for them isn't it?

Actually one could argue that someone let the cat out of the bag too early since there weren't yet a couple of million pre-mined by the time it was mentioned here. I guess thats the flaw in trying to pre-mine by obscurity instead of by hard-coding your few million premined coins into block two.

-MarkM-


Ripple is 100% premined  Cheesy

Yeah, Ripple is brilliant that way, get everyone distracted with all the IOU and distributed-exchange stuff while sneaking in a 100% premined coin that does not need vast electrical consumption to secure it. Pretending XRP is not intended as a currency its just an anti-spam measure. Brill.

-MarkM-
sr. member
Activity: 476
Merit: 253
February 11, 2013, 07:55:27 PM
#20
If we take a closer look typical post from smoothie:

Quote from: smoothie
PADDINGPADDING LOL AHAHA PADDINGPADDING SCAM PADDINGPADDINGPADDING LOL Cheesy Cheesy Cheesy AHAHA AHAHA LOL

We will see some problem there. Seriously, you should try to extend your dictionary and mind, because your messages similar to verbal diarrhea. Nothing personal, but there are not so many reasons to read this.
[/quote]



just make that button even darker Smiley  and voilà .
legendary
Activity: 3108
Merit: 1359
February 11, 2013, 07:50:15 PM
#19
Yup admitted by Balthazar. He is proud of it.
Just another poof from smoothie.  Cheesy

Shall I get the chat log from btc-e? lol...

are you denying it? haha  Cheesy Cheesy Cheesy

Or, maybe you couldnt understand it?

If we take a closer look typical post from smoothie:

Quote from: smoothie
PADDINGPADDING... LOL AHAHA... PADDINGPADDING SCAM PADDINGPADDINGPADDING LOL Cheesy Cheesy Cheesy AHAHA AHAHA LOL

We will see some problem there. Seriously, you should try to extend your dictionary and mind, because your messages similar to verbal diarrhea. Nothing personal, but there are not so many reasons to read this.

P.S. Trial period has expired, if you want to continue our dialogue, you can pay me for psychotherapy session.
full member
Activity: 238
Merit: 100
February 11, 2013, 07:49:59 PM
#18
No one was hiding the fact its another RUcoin, right, so a few million pre-mined is pretty much normal for them isn't it?

Actually one could argue that someone let the cat out of the bag too early since there weren't yet a couple of million pre-mined by the time it was mentioned here. I guess thats the flaw in trying to pre-mine by obscurity instead of by hard-coding your few million premined coins into block two.

-MarkM-


Ripple is 100% premined  Cheesy
full member
Activity: 238
Merit: 100
February 11, 2013, 07:49:13 PM
#17
No pure trolling would be if I brought your mother and sister into the discussion.

Stating facts about what has been said and done is not trolling. Only in your warped little world.  Cheesy


we can dance like this all night smoothie.

fact :  NVC uses imperfect code
fact :  there is no better version available
fact :  the problem it creates is protected, there is no hole, this flaw has no influence on anything, and patch is almost ready.

fact : using facts that have no influence on anything is demagogy - and demagogy is troling,
 just a smart, good quality trolling, like allways from you Smiley



Starting yet another coin for no good reason is a form of trolling imo  Cheesy
legendary
Activity: 2940
Merit: 1090
February 11, 2013, 07:48:36 PM
#16
No one was hiding the fact its another RUcoin, right, so a few million pre-mined is pretty much normal for them isn't it?

Actually one could argue that someone let the cat out of the bag too early since there weren't yet a couple of million pre-mined by the time it was mentioned here. I guess thats the flaw in trying to pre-mine by obscurity instead of by hard-coding your few million premined coins into block two.

-MarkM-
sr. member
Activity: 476
Merit: 253
February 11, 2013, 07:45:47 PM
#15
No pure trolling would be if I brought your mother and sister into the discussion.

Stating facts about what has been said and done is not trolling. Only in your warped little world.  Cheesy


we can dance like this all night smoothie.

fact :  NVC uses imperfect code
fact :  there is no better version available
fact :  the problem it creates is protected, there is no hole, this flaw has no influence on anything, and patch is ready -in  last stage of testing.

fact : using facts that have no influence on anything is demagogy - and demagogy is troling,
 just a smart, good quality trolling, like allways from you Smiley

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
February 11, 2013, 07:40:24 PM
#14
So what if a bunch of Russians scam another bunch of Russians out of valuable hashing power?

As long as when a time comes that you sell them something for their ill-gotten gains you can get paid in something you value are you going to refuse to accept bitcoins or dollars or whatever your own currency of choice is from them merely because they raised it by scamming people out of hashes or rubles or whatever?

-MarkM-

Mark, it matters in that my bringing it to light warns others not to get involved without knowing the facts of No Value Coin.

Most people would just download the binaries, not review the source, and mine away thinking that they were starting in a level playing field for mining when really it is utterly just a scam.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
February 11, 2013, 07:37:31 PM
#13
No pure trolling would be if I brought your mother and sister into the discussion.

Stating facts about what has been said and done is not trolling. Only in your warped little world.  Cheesy
legendary
Activity: 2940
Merit: 1090
February 11, 2013, 07:36:23 PM
#12
So what if a bunch of Russians scam another bunch of Russians out of valuable hashing power?

As long as when a time comes that you sell them something for their ill-gotten gains you can get paid in something you value are you going to refuse to accept bitcoins or dollars or whatever your own currency of choice is from them merely because they raised it by scamming people out of hashes or rubles or whatever?

-MarkM-
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