Post
Topic
Board Announcements (Altcoins)
Re: [ANN] DigitalNote |XDN| ANONYMOUS SECURE MM CRYPTONIGH CRYPTO MESSAGES DEPOSITS
by
J1mb0
on 07/01/2017, 12:07:53 UTC
There's no open source merge mining pool software, no. This is why minergate controls over 50% of the network hashrate, and I think dNote has suggested that there must be another private pool that has mergemine software, because it makes literally zero sense to mine an auxpow coin if you're not merge mining it.
This is not acceptable for a coin, merged mining was rushed and it ended very badly, price continued down, sorry but i will not join a ponzi scheme hoping to sell my XDN to a greater fool, i prefer just shorting after/during a peak.

The way XDN is distributed allows for shameless pumping, i am not the first one to say this but distributing 50% the first month(excluding the constant block reward of 150XDN) is a really horrible idea, i have a much better suggestion linked below all my posts but it appears no one cares about there fundamentals anymore, people are just looking for money and ignore fundamental flaws with these coins.

The thing is, XDN is cheap enough atm to mitigate the early distribution. People can accumulate during this phase no matter how limited their means. The main thing that counts for adoption and market interest is tech and integration. Merged mining is a good idea, also things like distributed exchanges, payment gateways and shopping cart plugins.