So I would be happy to inject 100 PMC into the block rewards on Sunday if we can draw enough attention to it.
I know, easy come easy go and all that... but if the market keeps following the pattern, we'll soon have to start to operate with a little smaller amounts of PMC or we'll end up giving away cars, yachts and countries
@Ait - The block rewarder is basically Nullu (or JohnnyVicious) sending the coins to himself, and generating a transaction fee with each of those. Just a little way of rewarding miners.
A vanity address is an address that contains letters of your choice, like a vanity plate on a car. Mine is, for example, 1MivexiLEfUVeo13WApbNFHbapKFSkYMo4 . If you're interested, let us know, somebody can generate one for you
So a block rewarder is a piece of hardware, not software?
When you send PMC to someone, sometimes you have to pay a transaction fee. This transaction fee will go into a new block on the network. This block will keep filling up until a miner mines the block, and he gets whatever PMC is in the block; in this case the transaction fees.
What Mine and Johhny's script does it send PMC to
ourselves. Over and over again. Generated a steady stream of transaction fees. These end up in new blocks on the network, which miners get when they mine new blocks. Hence "Block Rewarder".
We are basically injecting our own PMC into new blocks for miners.
Ahhh OK...think I'm getting it, so the blocks are like treasure chests and PMCs are like Doubloons and the transaction fees like little flecks of gold that rub off the Doubloon everytime they are exchanged. So when a coin is exchanged a fleck of gold goes into the treasure chest filling it up, once it's filled the Pirates (miners), can dig it up and the process starts again. Can you dig up a half filled treasure chest, or can it only be dug up once filled?
*I bet you were all thinking that what PMC really needed was a pirate analogy*
