Topic: [PRE-ANN][VERN] VernCoin - The VERN will be BIG. SCRYPT-N, Fair, 0% Premine - page 2. (Read 3065 times)

Bahahahahahahaha! This coin sounds awesome!

LOVE the pic!

It is good,maybe a good coin.

*farts*

Such wow.

Why Vern?

Our #1 goal: The VERN will be BIG.


QUICK START

Wallet:

• Windows link
• Linux source
• 30% of premine bounty will go to OSX build*

Source Code (Developers Only): Download  |  Mirror

Linux GPU Miner Source (Developers Only): Download

Miners:

• CPU mining is pointless for this coin.  Possible but unsupported.
• Windows instructions (AMD/Nvidia)
• Linux instructions (AMD/Nvidia)

Specs:

• Algorithm: Scrypt-Adaptive-Nfactor (Not scrypt-jane or scrypt-john)
• Max Coins: 84 million VernCoins. (VERN)
• Block time: 2.5 minutes
• Subsidy halves every 840,000 blocks (~4 years)
• Difficulty Re-Target Time:  3.5 days
• Block Rewards: 50 coins per block
• Premine: 0%. We don’t believe in premines; We are more philosophical and open than other coins and contend that premines serve to diminish the value and integrity of a coin. Rather than mining a coin that will have it’s preminers dump on you, mine with us from block one and enjoy equal opportunity!
• Port: 45502
• Rpc port: 45503

~At this stage, we are considering awarding VERNpoints. Through advanced theoretical design, VERNpoints will be extremely valuable and equivalent to gold stars earned in grade school.~


POOLS

• Official Pool link will go here once setup.
• Every pool will receive 455% of all the VERNpoints.
• 502% of all VERNpoints will go to a BIG pool as bounty.

EXCHANGES

• 50% of all premined* VERNs will go to first exchange.  We at VernCoin strongly support exchanges who accept bribes.  This is how the world works.
• 100% of premined* VERNs will be steadily dumped at however many Satoshis people are willing to pay for them so as to destroy the value of the coin you’re mining. (We require BIG amounts of VERN to fund our lavish Floridian hooker/coke addictions)

Seriously though, here are the voting links for exchanges: (More exchanges TBA)

• AllCrypt - Voting and BTC Donations
• MintPal - Voting and BTC Donations
• Cryptsy - Tweet to @crypsty to get VERN listed! ( Good luck    )

ABOUT

VernCoin is a new coin, celebrating the turbulent, love/hate relationship we all have with a particular exchange and its founder. Based off VertCoin (VERT), we (VERN) aim to offer a completely transparent, unbiased and fair coin which is more in line with Satoshi’s philosophy than other coins. Come and have some BIG fun with us Like our favorite exchange, support for this coin combines community based vitriol and necessity rooted in a lack of better options.

If you’ve got something solid to contribute, like stolen BTC or ‘lost’ BTC, please get in touch with us.

If a BIG amount of VERN gets lost on an exchange, don’t worry about it - that’s how the world works.

We don’t intend to offer any sort of junk like rigged lotteries or casino games. If we did, you would lose, we would win BIG and take all your VERN. Not fun for you and a dick move on our behalf.

Future dev support: We have a few programmer monkeys on staff and a physicist. Not literally monkeys, but there’s truth to the rest of that. We’re understaffed and waiting to upgrade our Commodore 64 servers. For future reference, if any bugs are found or forks occur, please contact us as soon as possible. We’ll reply as soon as we can. In a month. Maybe. Stop. Just go away. Leave us alone. Nothing to see here.

This thread will be updated once milestones have been achieved. Once we’re ready, we’ll announce a release date as well as instructions for pools/solo miners.