Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PMC] Premine! - 100% Premine / 100% Distribution - Mining TX fees only
by
Musent
on 25/01/2014, 17:23:06 UTC
We need a coin-spread topic, with an incentive to spread coins.




(PMC)

Distribution: PoW
Algorithm: SHA256
Total coins: 500,000
Premined: 100%
Block Reward: TX Fees Only
Block Time: Variable
Trade Confirms: 6 blocks
P2P Port: 9336
RPC Port: 9335


Temporary Webpage: http://preminecoin.cryptotycoons.com/Home/

Website: http://premineco.in <---- Not yet up. (FYI)

Block Explorer: http://cryptexplorer.com/chain/Premine

Official forum: http://preminecoin.cryptotycoons.com/

Twitter: https://twitter.com/premine_PMC

Reddit: http://www.reddit.com/r/preminecoin

IRC: http://webchat.freenode.net/ #premine

Facebook: https://www.facebook.com/preminecoinPMC

Need PMC?  Willing to work?  Check out the PMC Exchange.
https://bitcointalk.org/index.php?topic=429533.0

Trade PMC: https://bitcointalk.org/index.php?topic=430184.0


Mining only for TX fees, 0 incentive to hit the network with mass hashes.
(caveats: stales! lots of stales and rejects. Because the difficulty doesn't change much, the fastest rig, with the lowest latency wins 99% of the time. On the other hand, having the fastest rig is also a waste of good hashes.... hmmm conundrum...)


Because the coin is 100% pre-mined, we will be giving it away to people who want some. This is an experiment, so the more coins in actual circulation the better. Pass them along to whomever you wish. Update: All giveaway coins are distributed! The only ones remaining are the funds for the faucet and for the games.

Make sure you set your wallet to pay transaction fees!  That's the whole incentive for people to mine & confirm them.

Settings  >  Options  >  Main Tab

& set the transaction fee (recommend at least 0.01PMC)



ONLY 500,000 PMC will ever exist. If you chose to mine, you will be mining for TX fees only. If you don't like it, don't play - It's really simple!


Windows - http://explorer.fellatioco.in/download/premine_0.8.6-win32.zip

pre-built Linux QT - https://drive.google.com/file/d/0Bw-tMDvvfW9_QWh2RGFKZFBGV1U/edit?usp=sharing

Source - http://explorer.fellatioco.in/download/premine_0.8.6-src.zip

Sample premine.conf
Code:
server=1
rpcuser=theusername
rpcpassword=thepassword
rpcport=9335

rpcallowip=127.0.0.1


addnode=65.167.153.125
addnode=65.167.153.115
addnode=121.225.42.140
addnode=94.181.204.14
addnode=71.219.29.209
addnode=111.199.157.124
addnode=74.212.45.71
addnode=207.216.187.231
addnode=173.230.139.214



I like this idea. It's great for late comers that want PMC.