Topic: [PRE-ANN] - Wecoin - Keccak - PUBLIC PREMINED COINS - Join the premine now. - page 13. (Read 35791 times)

YUP I agree with this comment. Yesterday I attempted to mine this coin by contributing 200 GH/s and could not connect.

Mining was shut down at 6:51 PM by my cloud service. Complete waste of hash, power and time. 

Nope. It won't be at 1 satoshi. This coin is priceless, cuz it just scam)

My 2 sats on the coin... price will be 1 sat soon as it reaches exchange

That wallet? Where?

Technically, there is no new coin after BTC.
They just little bit updates

0. BTC
1. PoS
2. scrypt (new hashing)
3. dobled block chain
4. mixed multi hashing

There are just 1 original and 4 real trials,

And, the other type of trials

A. pre-mined

And, Totally, BS

A. IPO coins
B. pre-mined but try to justfy such as Aur~

Unfotunately, it is hard to find a real success story from the real deveopmented
Doge/Max/Dark/Quark ~ all clones are taking the benefits

Recently, some coins such as heavycoin, nFactor .. They never understand the future of coin,

Anyway, i do not want to concern about,
i just interest why Doge and Max has successed
And I am trying to find any success story from IPO coins,

If you first agree with me , you can't be really  interested in this coin as you claim in the next phrase

I agree with you, just a copier ~
That is why some old coins are still survive,

I am pretty interesting about this coin,
because of I wish to know what they are trying and what will be happen in this coin ~

but, If you feel uncomfortable with coin/devs, I wanna suggest to go out this thread, and never come back for you ~

Stop calling people that only do copy paste work "devs". Those are not devs , those are monkeys rushing a coin a day on this forum.

That is an evidence, this coin devs are not careful programmer,

I have check the source code carefully,
there are some bugs, and should be fixed such as the nValue of the genesis block.
and, even QT's images are not fixed (maxcoin)

Anyway, this wallet is not working and not setuped yet.
and, the pool is working with the other daemon such as MAXCOIN

When this coin is started to work, the first genesis block (generated by DEVs) will give 20,000,000,000 COINS
and, it is for the Premining or IPO distribution,

So, Logically, this coin is real even it will work or not.

WE HAVE TO UNDERSTAND ONE THING,

There is no reason to mine this coin in the premine stage,
To get a needed coins, just need a small hash power at begining.

Actually, This Devs are mining MaxCoin in Premining Stage instead of WeCoin,
and, Devs are earning some profit from the hash power which from the premining peoples.
and, Devs are earning some profit from BTC investments,

AND, IT IS SAME AS PREMINED COIN,
BUT, WHAT IS THE DIFFERENCE ?

Generally, DEVs tooks some premined coin and they are using the coins for the promotion and maintaine and support,
Technically/Practically, they need some thing to do,

When the coin is growing, DEVs are selling some portion of their coins, and get the profit.

BUT, in this coin, 20,000,000,000 coins are pre-mined by DEVS !!!
and, They are selling this coins to
     (1) miners who is mining at Pool.WeCoin.In
     (2) inversters who has invested their BTC.


HOW WECOIN DEVs WILL

I believe some of BTC counts in investor should be fake
  (At least, One or Two Fakers will be just before finished the pre-mining)

I believe some of premining hasher in mining should be fake
  (Actually, I have found 10 suspected miners in this morning, they will came out just before finished the pre-mining)
  (1st hasher :  729,296,  it is the shares with 50GH x 60 hours)
  (share rate : 5200 shares/day with 1GHs)


WHAT IS WORRING ABOUT
   How we can expect the pro-active progress about this coin ?
   Even QT source has just released, but, un-finished,


ANYWAY, IT IS CLEAR, IT IS THE REAL COIN,
AND, NOBODY KNOW THE FUTURE OF THIS COIN NOW,

It isn't ONLY the "code modified from maxcoin" .

Just watch the 2 files you can find inside the git... yup, "maxcoin-qt.pro" and "maxcoin.conf" ... I just wonder what those 2 are there for on "WeCoin" git...

The code has modified from MaxCoin,
and some parameters are correctly adjust.
but, still the resource images are not updated yet.

interesting

You github says:
"What is WeCoin?
An alternative cryptocurrency disrupting the already rather disrupting crypto market.

Technical Information

250,000,000 coins
96 coins rewarded per block, halving every ~12 months
minimum reward of 1 coin per block
30 second block times
difficulty retargeting using Kimoto Gravity Well
Notable differences from Bitcoin

replacement of ECDSA with Schnorr signing
use of secp256r1 curve over secp256k1
requirement for public key when verifying transactions
modification to RPC interface s.t. public keys are Base64 encoded
Modifications to the RPC API

verifymessage
Forked from Bitcoin reference wallet 0.8.5 and Blakecoin"

Laughed loud as I can, dude. You don't know your own coin, yep.

Source code is up: https://github.com/wecoin/wecoin
You can build the wallet and prepare your pool but you won't be able to mine yet because the checkpoint block is not released until Launch day. Pool owners contact me if need help setting up a keccak pool.
I'm building the windows wallet. Should be out soon.

This should be voted scam of the year!!!
Pool still mines maxcoins and dev still dumps

Now that makes sense since 365 Coin started yesterday. Well they should not have started the public premine so early.

Hitting 365 with 250 gh/s would have been very profitable  

You have to admit , this is one far more elaborate scam than the usual ipo only hit and run.

Or they start to mine WeCoin now,
Some strange anonymous IDs are listed on the top ~~

Ahaha, WeCoin switches miners from Max to another coin and accepted shares fly away from "wecoin" (cuz it's not coin, just scam), good work, schoolboy.

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