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Topic: The YACoin Superfun Premine Thread - page 7. (Read 8975 times)

full member
Activity: 167
Merit: 100
May 09, 2013, 03:03:50 PM
#31
Excellent conspiracy theories in this thread.  You guys continue to entertain me.  The reality is that you had to be there for the launch.  I was browsing the forums at 1AM PST and saw the launch of it, downloaded, and profited big time.  All you guys who were hours late and got caught out by the massive zerg rush can continue QQ'ing.

So which version of windows do you run?
sr. member
Activity: 406
Merit: 250
The cryptocoin watcher
May 09, 2013, 03:01:16 PM
#30
I like the idea of everyone banding together on a CPU coin, everyone waiting with guns blazing at the starting line. 

So basically there will be a pre-race to buy the biggest cloud farm possible before launch and orphan everybody else.
hero member
Activity: 630
Merit: 500
May 09, 2013, 02:58:25 PM
#29
Excellent conspiracy theories in this thread.  You guys continue to entertain me.  The reality is that you had to be there for the launch.  I was browsing the forums at 1AM PST and saw the launch of it, downloaded, and profited big time.  All you guys who were hours late and got caught out by the massive zerg rush can continue QQ'ing.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
May 09, 2013, 02:58:20 PM
#28
I usually wait for thread to reach 15-20 pages before downloading hoping some of zillion geeks here would already found out if there is something fishy.

Yeah the problem with that is that by page 2  99% of the coins have been hoovered up the gpu farms and the developer. Sad

It's same for me, I don't have any special mining equipment, I don't really mine so 2nd or 20th I can't get anything  Grin
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
May 09, 2013, 02:56:43 PM
#27
I usually wait for thread to reach 15-20 pages before downloading hoping some of zillion geeks here would already found out if there is something fishy.

Yeah the problem with that is that by page 2  99% of the coins have been hoovered up the gpu farms and the developer. Sad
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
May 09, 2013, 02:52:06 PM
#26
Best thing to do would be to get the miners stable on YaCoin using it as a TESTNET, until we have stable miners for both Linux and Windows and to see if someone doesn't just bring out a GPU miner anyway.

Once it looks a fairly safe bet as a new coin we can just fork his git and start all over again with a fair race to the finish line.

How does this ^^ sound?

With the interest his thread has generated there is obviously a gap for a well thought out CPU only coin. With enough interest and support I don't even mind managing the project with full disclosure to ALL before mining begins. I'm here because I believe in crypto currencies, not because I see a get rich quick scheme. Unlike many around here it seems.

I like the idea of everyone banding together on a CPU coin, everyone waiting with guns blazing at the starting line. 

You know how they "reset testnet"?  How does that work?  If you have a bunch of coins on there, and there are like 1000s of people connected, and they reset testnet.. do your coins just vanish?  That might be the key. 

So what we do is make it so that we have everyone ready and hashing away at a coin, let's say YaCoin, and let the difficulty build up to the appropriate level.  Then once it is at the satisfactory level, "reset" the coinbase, and then let the games begin.  Everyone is mining at the same time, at the appropriate difficulty, no bitching, no scam.
hero member
Activity: 822
Merit: 1002
May 09, 2013, 02:49:44 PM
#25
I remember when it was IXC and then I0C...
so... maybe a "Y0Coin" with fair and the same rules for Win/Linux from the beginning Wink
full member
Activity: 144
Merit: 100
May 09, 2013, 02:49:26 PM
#24
Ok, i use 3 Xeons E7-4870, 2 FX-8 6350, in total 46 cores, whit windows client and I get 5 block´s in 12 hours, and I fell screwed.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
May 09, 2013, 02:49:11 PM
#23
I usually wait for thread to reach 15-20 pages before downloading hoping some of zillion geeks here would already found out if there is something fishy.
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
May 09, 2013, 02:47:03 PM
#22
You know, with all these new altcoins not even trying to sound serious and so many people downloading binaries, it's only a matter of time before a trojan uses the greed of miners to siphon their wallets or divert their mining power elsewhere.

If:
  • it hasn't a git repository (preferably forked from a reputable coin) published weeks before the release so that developers can check the code for trojans
  • you aren't compiling from this validated source
don't come whining when you find that all your wallets are empty (in particular if you solomine and can't easily move the wallets out of reach) or that you mined for someone else.

Actually if I'm not mistaken Freicoin is already doing this kind of trick: a substantial amount of the reward in a block goes to a "foundation" or something, this didn't seem to bother people mining it, so the next step is probably close.

Its unfortunately true.  Everyone panicking to get the new binary the instant its created = everyone getting the virus at the same time = all your coins are stolen.
newbie
Activity: 23
Merit: 0
May 09, 2013, 02:46:55 PM
#21
Best thing to do would be to get the miners stable on YaCoin using it as a TESTNET, until we have stable miners for both Linux and Windows and to see if someone doesn't just bring out a GPU miner anyway.

Once it looks a fairly safe bet as a new coin we can just fork his git and start all over again with a fair race to the finish line.

How does this ^^ sound?

With the interest his thread has generated there is obviously a gap for a well thought out CPU only coin. With enough interest and support I don't even mind managing the project with full disclosure to ALL before mining begins. I'm here because I believe in crypto currencies, not because I see a get rich quick scheme. Unlike many around here it seems.
hero member
Activity: 896
Merit: 1000
May 09, 2013, 02:44:33 PM
#20
You know, with all these new altcoins not even trying to sound serious and so many people downloading binaries, it's only a matter of time before a trojan uses the greed of miners to siphon their wallets or divert their mining power elsewhere.

If:
  • it hasn't a git repository (preferably forked from a reputable coin) published weeks before the release so that developers can check the code for trojans
  • you aren't compiling from this validated source
don't come whining when you find that all your wallets are empty (in particular if you solomine and can't easily move the wallets out of reach) or that you mined for someone else.

Actually if I'm not mistaken Freicoin is already doing this kind of trick: a substantial amount of the reward in a block goes to a "foundation" or something, this didn't seem to bother people mining it, so the next step is probably close.
legendary
Activity: 1596
Merit: 1010
May 09, 2013, 02:43:12 PM
#19
guess i'll better get a linux distro for any future coins before my 7950 arrives Smiley
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
May 09, 2013, 02:43:02 PM
#18
can we, as a community, create a coin that we all AGREE is fair terms?  like right from the get-go, a solution that works for all of us?
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
May 09, 2013, 02:42:27 PM
#17
they're all scams.
hero member
Activity: 822
Merit: 1002
May 09, 2013, 02:41:56 PM
#16
another scam, good job we have some smart people who can detect this kind of behaviour. Let's hope this does not make it to an exchange.

Someone should put out a decent cpu only coin asap  because ppl will keep yacoin going because they can mine it at the same time as gpu mined coins.
+1
totally agree
hero member
Activity: 1204
Merit: 502
Vave.com - Crypto Casino
May 09, 2013, 02:41:38 PM
#15
Lets put it simple...

Windows client on my 2500K was getting about 60 khash/s with 8 conecctions, 90% of the people was using that, the result, for me, was 3 valid blocks, 27 orphans in about 16 hours.

Now, the same 2500K with the same client, BUT compiled on linux with AVX (that are NOT by default, you must add them), does about 300 khash/s and has 64 conecctions.

Tecnically is not premine, but you are screwing 90% of the people on launch...
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
May 09, 2013, 02:39:47 PM
#14
another scam, good job we have some smart people who can detect this kind of behaviour. Let's hope this does not make it to an exchange.

Someone should put out a decent cpu only coin asap  because ppl will keep yacoin going because they can mine it at the same time as gpu mined coins.
member
Activity: 101
Merit: 10
May 09, 2013, 02:38:14 PM
#13
I used the windows binaries, I don't feel scammed at all.
full member
Activity: 144
Merit: 100
May 09, 2013, 02:33:01 PM
#12
So some people have been affected by a bug in the windows implementation. Not convinced this is a wide spread problem nor that it was intentional.

 Grin
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