Author

Topic: [PRE-PRE-ANN] 1000Coin (Read 666 times)

legendary
Activity: 1022
Merit: 1001
December 30, 2013, 10:55:39 PM
#11
haha
member
Activity: 75
Merit: 10
December 30, 2013, 10:54:23 PM
#10
reserved
full member
Activity: 145
Merit: 100
December 30, 2013, 10:51:10 PM
#8
reserved
sr. member
Activity: 470
Merit: 251
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
December 30, 2013, 10:44:44 PM
#6
That was good for a chuckle.

sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
December 30, 2013, 10:43:49 PM
#5
OneThousandcoin is good name Grin
updated  Cheesy
sr. member
Activity: 470
Merit: 251
December 30, 2013, 10:41:42 PM
#4
OneThousandcoin is good name Grin
o3u
sr. member
Activity: 393
Merit: 250
Money comes, money goes
December 30, 2013, 10:41:11 PM
#3
reserved
hsz
sr. member
Activity: 336
Merit: 250
December 30, 2013, 10:40:29 PM
#2
good
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
December 30, 2013, 10:39:55 PM
#1
This is a 50th generation cryptocurrency.

This coin uses an all-new algorithm designed to be resistant to CPU, GPU, and ASICs.

Specs:
PoW algorithm: supersecure
Premine: ABSOLUTELY ZERO!
Block reward: 0.01 1000C
Block time: 5 minutes
Retarget: 1 blocks
Starting difficulty: 1 x 10^-1000
Max supply: 1000
NO premine
90% demurrage / year
10% PoS interest / year

Coin         Ammount       Value
Bitcoin      21 million       $750
AlgoCoin   1000              $? (maybe 21,000 * 750) Very profit

Mining involves forking the source code of litecoin or quarkcoin and generating a post on BCT announcing a new cryptocurrency. The name is picked with a special algorithm that finds a random word in the dictionary. Once you generate a new cryptocurrency, you generate a block. 90% of hashing power goes to this.
 Shocked Shocked Shocked
More info.
stay tuned.
0.0001 ALGC to anyone to prove it is CPU resistant
get in while you can!!!

If you choose to change the Genesis block reward of your cryptocurrency to 1000000, you get a bonus 0.1 ALGC from the premine.

This appeals to the masses because everyone can have their own pump and dump coin. If everyone in the world generated a block, this would end poverty!

Mining uses supercomputers AKA Cerebrum.

Much cryptocurrency

DISCLAIMER: Since Cerebrum is modeled with supercomputers, this coin is not resistant to supercomputers.
This is a joke

ROFL

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