Re: 【ANN】【HTC】huitong coin has launched on October 12th 【new algorithm scrypt-HTC 】

Quote from: meta.p02 on October 13, 2013, 01:01:05 PM

Quote from: Fablio2 on October 13, 2013, 12:43:34 PM

(snip...)

Need a PROOF.
I am not a supporter of this coin. I just need to know mine or not to mine HTC-coin. And what you say - absolutely nothing to prove. By the way, your post without proof strongly suggests that you mine this coin youself, and just troll other people. I apologize if this is not the case, but need proof.

Sorry if I came off as a troll.

See PGC:

https://bitcointalk.org/index.php?topic=295918.msg3172656#msg3172656 was the launch of Pangucoin, which claimed scrypt-pgc as its algorithm. The coin had a nice backstory, but the developers had premined 128 blocks. I went and tried to mine it anyway.
https://bitcointalk.org/index.php?topic=295918.msg3173527#msg3173527 After over 2 hours, only 22 blocks had been mined by the network. The block target is 1 minute. I calculated that the hashrate was no more than 2.8KH/s, and concluded that to mine 128 blocks the developers must have used a hidden GPU miner. Hence I did not trust the developer any more, and I deleted the client.

Also, KING. I did not mine this at the start, but saw that the diff was low and so wanted to collect a few.

https://bitcointalk.org/index.php?topic=278834.0 was the launch of Pangucoin, which claimed scrypt-new as its algorithm, and provided a CPUminer. It launched without source, so people were naturally suspicious.
When version 1.1 was released, it came to light that it was scrypt-jane all along, with changed parameters (Nfmin=10, Nfmax=30, StartT=1376913600). It is entirely possible that a GPU miner had been used. Due to this, it has now been labeled a scamcoin and is near-dead.

Knowing this, how could I trust this coin which claims yet another "new" scrypt algorithm, which probably is just another scrypt-jane?

You just proved that you do not know nothing. Tnank you. I will mine HTC-coin.