Blocks 1-5999 were 10,000ETC and blocks 6000-11999 are 5,000ETC. We are right on track. Blocks 12000-17999 will only be worth 2,500ETC. This is a very fast distribution cycle that has rewarded early followers.
Exchange requests sent to Bittrex, AllCrypt, and MintPal. Please submit requests as well if you have time. Also, if/when we get on voting lists be sure to vote often.
Nice to see a new coin around, hope you all develop your ass of and dont make it another altcoin.!!
Goodluck and dev team, are there any exchange plans we can think of now atm?
Kind regards,
We are working hard. Still some ass left to go.
We are in contact with MintPal to join the voting list. Remember, anyone is welcome to approach exchanges too. We have a long list yet to try. All help is appreciated!
Still plenty of free coins at http://coinstack.org/index.php?topic=99.0. Please don't miss out on the chance to lord over those that have caused you grief in this life!
Thanks for your question. In the short term we would like to get this coin to an exchange. That way those holders that would rather have BTC or fiat instead of saving up for the afterlife may cash out at anytime.
Seriously, our plans do involve an exchange as one of the first steps in order to gain exposure and the ability to be listed on coinmarketcap.com (which equals more exposure). At that time we will be working extensively to gain merchants that are willing to accept ETC.
FYI....With block halving occurring every 6000 blocks we are over halfway to 5000 ETC block rewards. If the average block time stays around one minute we will be halving about every 4 days.
This coin is likely to have tremendous problems very soon.
Another clone of Litecoin, using the Litecoin diff algo - which means max diff adjustment of 400% upwards, and uses expected versus actual block height to determine next difficulty
As of this post, we are at block 2601 right now. With 1-minute block times, we shouldn't be hitting block 2601 until 43.5 hours after the coin launch. We are over 10x ahead of schedule right now in terms of block height.
This means at the next diff adjustment, regardless of the current network hashrate, it will go up the max 400% of current diff, which would be 4.0, even though the net hashrate demands roughly 2.8 for the next diff.
Depending on how far ahead of schedule we are after that diff adjustment, it may go up even higher - even as the net hashrate continues to drop. Within a day or two, network block times will be measured in hours, not minutes.
It doesn't appear this is happening. We just passed the block 3240 adjustment and the difficulty went from 1.9 to 1.6. We are still ahead of schedule as you pointed out but the adjustment should only be based on the previous 360 blocks. I'm not sure what went wrong at launch but it seems to be adjusting fine now.
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BoardAnnouncements (Altcoins)
Re: [ANN][ETC] EternalCoin * Afterlife Currency * Launch Date April 10! *