Post
Topic
Board Bitcoin Discussion
Re: Bitcoin 20MB Fork
by
Pecunia non olet
on 28/02/2015, 19:27:34 UTC
looks like it went down as predicted with gavincoin altcoin (bitbeans):

No pump, broken and abandoned 3 weeks after launch ...

https://bitcointalk.org/index.php?topic=915650.0

q.e.d.

I know nothing about bitbeans, but the new thread says it's still working. It sounds like a POS coin that started briefly as POW. That's nothing like bitcoin.

https://bitcointalk.org/index.php?topic=969676.0

go to last page of the new thread. Network is forked up and new blocks are only found every couple of hours. It essentially fell apart.

edit: well, i haven't tested the client so far. But i think it's worth having an eye on it if it can be functional or not. So far marketcap is 36k$ which isn't a wildly successful coin.
Maybe i'm mistaken and it's still functional - but for how long?
pos or pow doesn't make a big difference as it's just a proof of concept coin for 20mb blocks.

So far it has been a bit of a disappointment and wasn't able to rise above the scam- and shitcoins and i'm honestly not sure if it can reach a half decent marketcap. I don't think it'll be functional for a very long time if it even still is at the time of writing.