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Topic: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! (Read 285003 times)

sp00lin9

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 26, 2014, 08:43:49 PM

#81

Quote from: signorama on May 26, 2014, 08:28:15 PM

Quote from: primer- on May 26, 2014, 08:24:01 PM

Cut the coin total to 100 mil, 2bil. is just stupid

2bil, 2 big for nothing.

I agree also, 100 Mil or less is ideal.

primer-

Legendary

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 26, 2014, 08:47:59 PM

#82

Quote from: sp00lin9 on May 26, 2014, 08:43:49 PM

Quote from: signorama on May 26, 2014, 08:28:15 PM

Quote from: primer- on May 26, 2014, 08:24:01 PM

Cut the coin total to 100 mil, 2bil. is just stupid

2bil, 2 big for nothing.

I agree also, 100 Mil or less is ideal.

And make sure to spread it over a 10 year period.

Otherwise get ready for : Launch - pump - dump - pause - pump - dump - pause - pause - pause - pump -dump - dump - dump - dump - dump (too many coins) Look at MYR now, dump fest, innovative coin destroyed by 270 mil MYR in circulation (2 bil total)

signorama

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 27, 2014, 11:10:19 AM

#83

Quote from: primer- on May 26, 2014, 08:47:59 PM

Quote from: sp00lin9 on May 26, 2014, 08:43:49 PM

Quote from: signorama on May 26, 2014, 08:28:15 PM

Quote from: primer- on May 26, 2014, 08:24:01 PM

Cut the coin total to 100 mil, 2bil. is just stupid

2bil, 2 big for nothing.

I agree also, 100 Mil or less is ideal.

Exactly.

http://www.rhumsiki.com

slimcoin (OP)

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 01:57:28 AM

#84

After doing some calculations, the total amount of coins will be lowered to 250 million coins.

-Much Donate
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slimcoin (OP)

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 02:00:31 AM

#85

The release date is on Wednesday, May 28 at 22:00 (10:00pm) UTC

-Much Donate
BTC-1D5pnma7E1CP6cquHujycVy79EyXJ3eY

chiguireitor

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Coins, Games & Miners

Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 02:01:29 AM

#86

Quote from: slimcoin on May 28, 2014, 02:00:31 AM

The release date is on Wednesday, May 28 at 22:00 (10:00pm) UTC

AAAAARGH!! I'll be on the road around that time! Sad

Rarepepe.party - Invest in a TCG + RPG game | UniversalMolecule | Want to play a fun Galaga-like game? clicky here

kdfspam

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 02:21:00 AM

#87

What OSs will be supported at launch?

KeyserSozeMC

Hero Member

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 02:27:03 AM

#88

This seems interesting.

What the heck is Drypt? lol
Explain please?

slimcoin (OP)

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 02:37:52 AM

#89

Initial OS support is linux and windows.

Dcrypt is a hashing algorithm that is extremly anti-ASIC. It is used so that by the time ASICs are made for it, Proof of Burn has gotten big and there would be no need for PoW asics. If you want more information, there is a section explaining it in the official White-paper here: https://slimcoin.org/images/downloads/slimcoin_whitepaper.pdf

-Much Donate
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KimJongUn

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Activity: 98
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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 03:06:32 AM

#90

Quote from: chiguireitor on May 18, 2014, 04:56:48 PM

What non-traditional platforms will have binaries on release?

Android, Raspberry PI? It would be cool if even OpenWRT routers could mine it Wink

VIC-20?

georgeandy

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 03:13:25 AM

#91

Good to see innovative

workminer

Sr. Member

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 03:18:12 AM

#92

seriously attention

georgeandy

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 04:20:54 AM

#93

Quote from: signorama on May 27, 2014, 11:10:19 AM

Quote from: primer- on May 26, 2014, 08:47:59 PM

Quote from: sp00lin9 on May 26, 2014, 08:43:49 PM

Quote from: signorama on May 26, 2014, 08:28:15 PM

Quote from: primer- on May 26, 2014, 08:24:01 PM

Cut the coin total to 100 mil, 2bil. is just stupid

2bil, 2 big for nothing.

I agree also, 100 Mil or less is ideal.

Exactly.

Agree with these guys. Dev team should think about it

loudspeaker010

Newbie

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Activity: 47
Merit: 0

Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 04:40:50 AM

#94

wow,a new type of coin.can I mine it on my android phone?

crazyboy1234

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Activity: 121
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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 04:58:28 AM

#95

watch it,
seems a new coin.
when will this coin launch?
I want buy some coins~ Wink

loveys

Sr. Member

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 05:12:29 AM

#96

good idea!

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loveys

Sr. Member

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Activity: 399
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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 05:26:16 AM

#97

how to mine? tools?

cgminer-o

Sr. Member

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Activity: 350
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1$ =1 MEC 2013 (2,56 $) 5$ =1MEC 2014 ?

Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 05:31:10 AM

#98

note

▓▓▓ MEC Megacoin POW▓▓▓https://forum.megacoin.co.nz/ ▓▓▓ New Economy Movement▓▓▓▓▓▓▓▓▓ LimecoinX X11 ▓▓▓

littlewizard

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 05:42:06 AM

#99

Keep an eye on it. I read the white paper, however, still confused by proof of burn,

"The role of burning coins is to be proof when mining by proof-of-burn. The concept simply involves sending coins
to a burn address. A burn address is a special address that is specific and predetermined. No one has ownership of
the burn address, meaning once coins are sent to it, they are forever gone and are considered burnt"

Can someone explain why do we burn coins?
Do we sending existing coins in wallet to be burnt (I guess not)?
Why does raspberry pi have advantage over high end cpu or gpu?

thanks in advance

georgeandy

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Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

May 28, 2014, 06:17:07 AM

#100

Will Keep my eye on it ..I thinks it is a very interesting coin

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