Topic: [PRE-ANN][BS] BitSlap! PoW x11 ***Delayed Again LMAO - page 15. (Read 47919 times)

wow this coin have future, i will mine it for sure since day 0, i laughter a lot and seems funny 

whats the best idea with a coin at the launch?Mine with a pool or solo?

multifaucet.tk
Need faucet? -pm me.

another x11coin ,a dead one or a good one

                                                            Almost there!!!

Now, you heard my friend above... we are not going to debate it, or draw some fancy fucking flowers all over.


http://s3.amazonaws.com/auteurs_production/images/film/help-gone-mad/w448/help-gone-mad.jpg?1289446208

Arite everyone, I'm one of the core devs on BitSlap and I want to talk some of our goals and perspectives and also a little about how we've been planning our coin distribution. Disclaimer: if you haven't noticed we're gonna be pretty blunt with what we're about.

So without any fancy graphs and calculations lets look at how pretty much every coin distribution algorithm is structured. You have an (seemingly increasingly) massive decay in rewards, combined with poorly modified variants of KGW that tend to respond to arbitrary step increases in hash-rate with relatively massive difficulty increases. Honestly, I could go on for days about that tragedy... and I will, just not tonight.

Combine this with the crazy amount of coins being released and massive mining operations targeting these for the short time they have a relatively low difficulty and the timeframe for a coin to stay profitable to mine is in the range of literally days to a few months on the high end. So bottom line - devs get out with their pre-mine, big miners get an insanely disproportionate amount of the total distribution, and really everyone else gets fucked.

But really you have no one to blame but yourselves for actually mining, supporting, and even trying to defend these piles of garbage just to see a price rise so you can dump off whatever you were stuck with when you stupidly bought it. Bitcoin is a pretty damn impressive piece of work and 'BitSlap' is a pretty fitting name for what we've done as far as "improving" it.

Unbelievably, we're actually pretty damn good at what we do and given what has been considered the status quo as of late, its time for something new. So we have a lot planned and we're pretty excited to see what we can do here, but the the single most important part of any coins 'release' is going to be how well the distribution is initially structured. So you know what, we're gonna make sure we don't fuck that up.

BitSlap is a 'loose' fork of the original version of DarkCoin, a coin that we do legitimately consider an actual innovator in terms of quality. But after really doing some deep analysis, DarkCoin turns out to be in a lot worse shape than we had thought. So since we're about doing things differently, we've decided to actually go ahead and be honest about our development so that we have a wild chance at maybemaking something decent here.

So with that said, we've decided to rework parts of our coin rewards. We're still hoping to release at launch, but we're not going to force this coin out if its not ready
just cause your rigs all fired up for a quick smash and grab. Too bad you bloodsuckers, go find another coin! So it's pretty late and I think I've given enough of an intro for one night, so I'll leave with an overview of some of our technical specifications and tomorrow we'll show you [with data] what DarkCoin did right, and then how they went
and fucked it all up in a day.

-----
Max Coins: 100 million coins released over a period of 10
Block Target Time: 90s
Reward 'Reduction': Continuous Exponential decay over every block
-> This equates to a reward curve that should taper at much slower rate than DarkCoin resulting in a far less convex decay
-----

Bottom line: doge was like auto-tune - animal coins are dead (but doge's kinda like T-Pain, ya know he started it so it's cool for him), country coins are dead, no water has been cleaned or trees planted, and POS coins are exactly what they sound like. So stick around and get ready for the first real coin in... well ever.

Fuck you guys, really. Don't worry, we got this.

Now, our lead developer will be stepping in here shortly to explain the block rewards.

As long as the block rewards arent somethig like 10 or 15 then this coin will have a chance. Dont be a greedy cunt like the LTCX dev

We have added BitSlap and will be ready for tomorrow's launch!  Register now and use the same account to mine any of the coins featured on the pool.
https://becausepool.com/index.php?coin=bs
1% fee

I bet everything will actually go smooth and working wallet and one that stays working correctly.

sure is a lot of BS in this thread  

Anyone want to bet that there will be some swearing at launch?? Like "where are the fucking nodes for the fucking wallet you fucking dev?"

What a bunch of BS!... that I so hope to mine when it goes live     

I'll mine it...what the fuck...its bull shit anyhow  opps i mean bs coin  lol   yah the bs coin   ok     I'll be there.

Yeah.. the fuck thakns..
 

Launch is at 6:30 PM May 31st Eastern Standard Time (East Coast of America).

May seem like June 1st depending on what timezone you are in.

According on the altcoincalendar, the launch is on 01 June, on the OP the launch is now?

Just letting you all know we will have the block rewards and exact block time sorted out here shortly and will update the thread.

I hope you are all having a horrible day.

Thank you.