Topic: *update client [ANN] BitBar New POW-POS scrypt CryptoCoin - page 12. (Read 60290 times)
From my point of view any coin now except BTC is scam, but market in time will decide what is what
You are attempting to justify BTB unfair launch with "others did it as well" but you are continually failing to realise you and few others here are actualy major supporters of the scam.
If I'm moderator here, any threads about altcoins launched the same way as all newer altcoins and all people like you would be banned permanently.
If I'm moderator here, any threads about altcoins launched the same way as all newer altcoins and all people like you would be banned permanently.
I know right..
Most of these new guys don't realize they are partaking in pump and dump scams by talking up all these copy cat coins and convincing people to buy them. "It's a free market!" Lol- You and I have been around long enough to know that 9/10 of these coins will be worthless in a year. I feel sorry for anyone who dumps a large portion of their life savings into all these new scam coins.
I agree, I don't see what the big whoop is. This coin is hardly innovative- if you can call it that.
I'm still waiting on an actual improvement to the currencies we already have- all these new coins are copy cats or pump and dumps.
When something truly innovative comes out, I will throw my full support behind it, but this is not it.
I'm still waiting on an actual improvement to the currencies we already have- all these new coins are copy cats or pump and dumps.
When something truly innovative comes out, I will throw my full support behind it, but this is not it.
Know of any other coins than PPC that use POS + Scrypt ?
Yes, its called Novacoin.
Know of any other coins than PPC that use POS + Scrypt ?
I know of only one other but it's not released yet.
PPC = Fix the long term reward / fee problem.
LTC = Temporally protected from a 51% attack from ASICs, (Bitcoin will be somewhat protected soon)
I know of only one other but it's not released yet.
PPC = Fix the long term reward / fee problem.
LTC = Temporally protected from a 51% attack from ASICs, (Bitcoin will be somewhat protected soon)
Not bad, I hadn't seen actual innovation in an AltCoin in a long while.
I would call this a tweaked NVC and a far cry from innovation.
Honestly the low reward coupled with the apparently epic premine sets the initial miners to reap one hell of a reward should any trading on this coin commence.
There is a valuable lesson here for the next altcoin of the hour, set your difficulty high from the start. If the coin is truly innovative people will happily mine despite initial high difficulty to get a stake in it.
It was no different to Feathercoin. See my above post.
What was Chinacoin like for difficulty on it's launch day? I missed that one.
Not bad, I hadn't seen actual innovation in an AltCoin in a long while.
I would call this a tweaked NVC and a far cry from innovation.
Honestly the low reward coupled with the apparently epic premine sets the initial miners to reap one hell of a reward should any trading on this coin commence.
There is a valuable lesson here for the next altcoin of the hour, set your difficulty high from the start. If the coin is truly innovative people will happily mine despite initial high difficulty to get a stake in it.
This was the first official "Junk Coin", followed by the second official aptly named "Junk Coin".
Created by two abandoned projects, abandon this one now.
Created by two abandoned projects, abandon this one now.
I think it has a lot more to offer, from a technical, and possibly marketing direction over a coin like ChinaCoin and FeatherCoin (I own both and I'm saying that).
I do like the bar concept, and it takes a different approach over just taking something like litecoin and pumping up the block reward by 4x. Plus it has PoS, dynamically adjusting difficulty and wasn't premined like NovaCoin was supposedly.
Definitely a novel 'coin' in my book.
Right, it has nothing to do with you mining 93 BTB in like 30 minutes due to extreme low starting difficulty.
Feathercoin started with extremely low difficulty too. Did you know that? 3 million were produced in the first day alone.
This was the first official "Junk Coin", followed by the second official aptly named "Junk Coin".
Created by two abandoned projects, abandon this one now.
Created by two abandoned projects, abandon this one now.
I think it has a lot more to offer, from a technical, and possibly marketing direction over a coin like ChinaCoin and FeatherCoin (I own both and I'm saying that).
I do like the bar concept, and it takes a different approach over just taking something like litecoin and pumping up the block reward by 4x. Plus it has PoS, dynamically adjusting difficulty and wasn't premined like NovaCoin was supposedly.
Definitely a novel 'coin' in my book.
Right, it has nothing to do with you mining 93 BTB in like 30 minutes due to extreme low starting difficulty.
And I'm sure I could cash out for just as many bitcoins right now and be done with it, but I think this coin has some real merit behind it. I just stated what I had (which was stupid, in retrospect).
I think the low diff has more to do with them not releasing a pool for it at the start (people having to figure out solomining...I had to figure out how to set up a pushpool...took me an hour or two). That's the weak point of the release IMO... was kind of just like "here's a client, figure it out" ....whereas the feathercoin release for instance had a few pools up at the time of release.
Not bad, I hadn't seen actual innovation in an AltCoin in a long while.
This was the first official "Junk Coin", followed by the second official aptly named "Junk Coin".
Created by two abandoned projects, abandon this one now.
Created by two abandoned projects, abandon this one now.
I think it has a lot more to offer, from a technical, and possibly marketing direction over a coin like ChinaCoin and FeatherCoin (I own both and I'm saying that).
I do like the bar concept, and it takes a different approach over just taking something like litecoin and pumping up the block reward by 4x. Plus it has PoS, dynamically adjusting difficulty and wasn't premined like NovaCoin was supposedly.
Definitely a novel 'coin' in my book.
I agree. It has the 'bar' idea behind it, meaning they are super rare. That alone is a new twist. Then you have the fact it is based on Novacoin but doesn't have the premine.
People can't complain about millions of coins being created either, there's only 2500 bars or soo and only 100 bars being made a day.
At the very least it's going to be an interesting economics experiment.
This was the first official "Junk Coin", followed by the second official aptly named "Junk Coin".
Created by two abandoned projects, abandon this one now.
Created by two abandoned projects, abandon this one now.
I think it has a lot more to offer, from a technical, and possibly marketing direction over a coin like ChinaCoin and FeatherCoin (I own both and I'm saying that).
I do like the bar concept, and it takes a different approach over just taking something like litecoin and pumping up the block reward by 4x. Plus it has PoS, dynamically adjusting difficulty and wasn't premined like NovaCoin was supposedly.
Definitely a novel 'coin' in my book.
This was the first official "Junk Coin", followed by the second official aptly named "Junk Coin".
Created by two abandoned projects, abandon this one now.
Created by two abandoned projects, abandon this one now.
You are a newbie, so you must be right.
This was the first official "Junk Coin", followed by the second official aptly named "Junk Coin".
Created by two abandoned projects, abandon this one now.
Created by two abandoned projects, abandon this one now.
Bin solo mining this now with 1600khash for about 15 hours blocks found but not a single share ??
Pooled mining would probably be better for you. Did you try joining the pool over at http://btb.binarycoins.eu/ ?
Bin solo mining this now with 1600khash for about 15 hours blocks found but not a single share ??
What exactly does
mean?
Quote
reward of 1 BTB per 10 minutes and quickly dropping
mean?
Difficulty is rising, making it harder to find coins
Is there any point in trying to solo this?
Solo is the best bet at this point in time, pools aren't worth it.
What exactly does
mean?
Quote
reward of 1 BTB per 10 minutes and quickly dropping
mean?
My normal script hash power LTC, FTC, CHN, is 1200 KHs.
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