this is the worst coin I've ever seen, can't you explain what happened to the 9000 blocks??
If you read the whole thread you will notice that it was typed wrong by me, and I corrected it. The 9000 blocks where mined within few hours/days after the release. A blockexporer will soon be up, and you can see the datestamps yourself.
Here it is:
what a liar. Only half day (or less), that 9000+ blocks are gone?? premined? instamined? it's a crap..
Sorry, typed a bit fast there. post is updated.
On the launch it was only 1000 premined. Now it's more since people have been mining a day. The retargeting is at 420 blocks, not 420 blocks per day. Thanks for noticing and sorry for the confusion.
See
https://github.com/Anoncoin/anoncoin/blob/master/src/main.cpp#L845 for more deep-info.
It is not the typo thing. From your code the block time is 3.42 min, and per day there are 24*60 / 3.42 = 420 blocks, there's nothing wrong there. You still did not answer what happened to the 9000 blocks?? PREMINED!!
Arlington, I agree with you, this is the worst coin I ever seen too. I went through some code, it is evidently done by a novice programmer:
static const int64 nTargetTimespan = 420 * 205.2; // Anoncoin: 420 blocks
static const int64 nTargetSpacing = 3.42 * 60; // Anoncoin: 3.42 minutes
static const int64 nInterval = nTargetTimespan / nTargetSpacing;
The novice programmer tries to assign a float (3.42 * 60 = 205.2) to an integer, he apparently did not know the value of nTargetSpacing is 205 and not 205.2. Magically, with the rounding, he still get 420 blocks per retarget.
Then the dev starts to play cool:
int64 nActualTimespanMax = ((nTargetTimespan*99)/70);
int64 nActualTimespanMin = ((nTargetTimespan*70)/99);
instead of using the factor 4 in the original Litecoin code, the dev used sqrt(2) as the factor of adjustment. In normal coins, the initial diff adjustment is big, usually at least by a factor of 128. Even with 4 it caused a lot of instaminings. That's why coins like Luckycoin etc added accelerated diff adjusting (using a factor much bigger than 4).
With this stupid sqrt(2), it slows 4 times the diff adjustment even compared to Litecoin. To make 128 times adjustment, it needs 14 retargets: (sqrt(2))^14 = 128. The retarget time for this coin is 3.42 min * 420 = 24 hrs. This means that this coin needs 14 block days to adjust its diff to a level that is comparable to its design! What a fail! this will cause huge instaminings in between, and make this coin completely useless.
So Arlington, the 9000 blocks missing could be premined, or instamined, we can see it in blockbrowser. but in any case, this coin is completely worthless. I am sure there will be other code glitches, but I have no interests to do debugging and code review there, lol