No premine
No ICO
No bounties
No airdrop

As far as I can tell it's mostly to keep the wrong types of people away, when we came under hash attack the main dev said "I probably didn't make it nazi enough" on IRC.

Duplicate post due to 403 errors. See this thread instead: https://bitcointalk.org/index.php?topic=2089730

TL;DR: No airdrop, no bounties, no premine, no ICO, no you can't buy any, etc etc. Offended by this  or think it's dumb? The name is to keep you away, move along. The Fuhrerprocess is the core of this experiment. There's an existing Adolfcoin community of about 30-40 people including 6 devs, there's a good reason we waited 3 months to announce here.

Note: I’m not the dev, but I’ve been involved in the community for a while and can probably answer most questions. I’m positing a link to this announcement on our own forum (the Fuhrerbunker) and IRC where the devs hang out, so some of them will probably lurk here and answer the more hardcore questions. I’ll try and start off with the basics:

What is Adolfcoin?
The Adolf "branding" is partly to keep speculators and useless pump and dump miners away. You'll have to dig much deeper than usual to see what's really going on here though.

When I first saw Adolfcoin I thought it was just another Doge or pepecash, but it turns out it’s actually a very interesting experiment. It took me a few weeks before I really understood what was happening.

There are multiple layers to Adolfcoin, but at the core it’s technically an emergent phenomena of the Fuhrerprocess. Nothing will really make sense until you understand the rationale behind the Fuhrerprocess. This can be somewhat difficult for people who haven’t worked on open-source projects before but not impossible.

WTF is the Fuhrerprocess?

The Fuhrerprocess is an experimental protocol for allowing strangers to work on a project together with no upfront consensus and no trust between them. It creates an environment which is incompatible with centralization and upfront consensus. It’s essentially a hill-climbing algorithm. No one person is in control, and it is immune to psychopathic takeover. Anything could happen, nothing can be planned. Think of ‘evolution by natural selection’ instead of ‘intelligent design’. A drunken stumble to greatness.

The Fuhrerprocess applies to everyone without distinction. A cardinal sin that many open source developers make is to place themselves above others. “I founded this project thus my intellect is superior to that of others”. It’s immodest, rude, and inaccurate. It’s also unsustainable and of course impossible to scale.

Every cryptocurrency to date has fallen into the trap of using a centralized development process, either explicitly with founders who rule with an iron fist, or implicitly with centralization based on some form of "consensus" or "voting". Conway's Law and Amdhal's Law highlight the serious limitations of this centralized approach.

The Fuhrerprocess attempts to take advantage of Conway’s Law and Amdahl’s Law rather than fight against them like every other cryptocurrency. These laws suggest that no cryptocurrency (which remains trustless and decentralized) will scale to the needs of humanity if there's any form of centralization in the development process. If the research and theory behind the Fuhrerprocess is right, this protocol will produce the most scalable cryptocurrency ever and allow for individual monetary independence. Then again, it could also be a complete failure, who knows.

Why wasn’t this announced here earlier?
There was a testnet running for about a month before the genesis block was mined. It was announced at places like 4chan and 8chan. I personally saw it on a noticeboard at a hackerspace in Berlin.

The Fuhrer and the Adolfcoin community didn’t want to announce on Bitcointalk earlier due to the high percentage of people here who’s sole motivation is mining to make a profit. People with this attitude don’t care about the code, they don’t care about the community, they don’t care about the currency or being useful to society, all they care about is pumping and dumping. That’s fine, but it’s not the type of community we want to form around Adolfcoin, especially when the community wields all the power over the direction of development due to the Fuhrerprocess. There are already plenty of other shitcoins offering this mine=>pump=>dump approach, it’s really getting quite boring and in my opinion is a waste of life (even if it does reward you with shekels). For some historical background, there’s some more detail about this issue in the Fuhrer’s original 777 manifesto which originally kickstarted this Adolfcoin culture.

Why are we announcing here now?
One of the most important goals of the Adolfcoin community (currently about 30 people based on the number of active fuhrerbunker users) seems to be widespread issuance. This means it must be opened up to the wider community, but with this comes the risk of people pointing their massive GPU rigs at it and making it unmineable for normal people. These aspects are difficult to balance. The Fuhrer tried to start things off on the right foot in this regard with the 777 manifesto encouraging people to be careful with where they talk about Adolfcoin, and this worked for a while. Then we had the Great Hash War, you can read about that on the Fuhrerbunker if you are so inclined. The Fuhrerprocess saw the Great Hash War as a problem to solve, and promptly discovered a solution which was later adopted by the community. Adolfcoin should now theoretically hold up to any onslaught that announcing here could bring, and it shouldn’t have a problem keeping the hashrate and coin issuance widely distributed, but if not the Fuhrerprocess will probably refine this solution further. In many ways, Adolfcoin needs to come under attack because that’s how the Fuhrerprocess makes new discoveries. In any case, I think it should be announced here and no one in the community has voiced any strong disagreement, so meh.

Should you mine it?
Only you can answer that. What we are doing will resonate with some people, and definitely not with others. The right people will become (and stay) involved, the wrong people won’t.

If you’re looking for something to mine and make a quick profit, Adolfcoin definitely isn’t for you. If you’re looking for certainty, something that won’t sometimes break or do unpredictable things, this experiment also probably isn’t for you. Nothing is guaranteed. Anything could happen. Some people say it’s a rollercoaster ride, other’s say it’s some kind of rocket, but no one really knows what the hell it is, not even the Fuhrer. If you like rollercoasters maybe you should dig a little bit deeper just in case it becomes something one day.

"But mining started almost 3 months ago so there’s no point in mining now"
Wrong. Look deeper (or don’t).

Current Specifications:
Symbol: ADOLF
Total Coins: 181,191,212
Block time: 120 seconds
Initial Codebase: much of the initial codebase came from Monero with some code also from Zcash, Dash, and Bitcoin. There are of course countless changes on top of this.
PoW algorithm: CryptoNight (probably Cuckoo Cycles soon, or maybe not, who knows)
Difficulty re-targeting: mining difficulty is re-targeted in a similar way to Monero but retargeting happens about 75% faster
Inflation/emission rate: Adolfcoin has the slowest emission rate of all cryptocurrencies, by a long way. It will take 1,000 years for all coins to be issued. Mining in the first weeks, months, or even years does not provide the usual ‘early miner’ reward of a rapid emission curve. Instead of rewarding miners who mine hard with big GPU rigs for a short period of time (a month or so), the slow and consistent miner using his laptop or phone (yes, you can mine with an Android phone) is rewarded the most. In fact phones are the most power efficient way to mine (by a huge margin).




Some Adolfcoin quirks that won’t make any sense without a deeper look:
The community decided to follow the Neugrundung (Shitminer Tears) fork of Adolfcoin. The node dies every 42 days and everyone has to choose to either upgrade or choose a different fork. There’s no ‘voting’ or ‘signalling’ for hardforks. Anyone can created a fork under the Adolfcoin Forking Protocol. Forks are healthy and necessary for the Fuhrerprocess to function. There’s also currently the option of a Neugrundung purge at the end of every cycle, this removes any shitminers and their coins. The current thinking is that this purge option will become less necessary as the community grows, and that it will cease to be an option at all upon the launch of Adolf’s Anonymous Market.



Links
Windows binaries: https://github.com/Adolfcoin/adolfcore-Neugrundung/releases
Github: https://github.com/Adolfcoin/
The Annotated Fuhrerprocess: https://github.com/Adolfcoin/Wiki/wiki
The Fuhrerbunker: https://fuhrerbunker.adolfcoin.camp
IRC: #adolfcoin on freenode
Telegram: tg://join?invite=Cx_-okIZPlwFjIr4ifffkg
Main Website http://adolfcoin.camp/
Keynote speech: http://adolfcoin.camp/strength-through-joy/the-fuhrers-keynote/index.html
Pools: http://fluffball.zapto.org/ and http://adolfpool.org/

Yeah, well it dropped from 2800 to 2300 just now and it looks like it's going to keep going. I might be wrong no the technical details, but I'm right that the recent investors are panicking.

Maybe you can explain exactly what is happening on August 1 then?

With segwit activation on august 1st, I think a split is almost certainly going to happen.

I remember the first time I heard about a possible hard fork a few years ago, it freaked me out and I dumped all my coins.

I imagine there are a lot of people who have recently invested who are now at the same level of education I was at back then and they will be dumping out their coins.

So the price will probably drop quite a lot over the next 8 weeks, but the question is when and how much? I'm deciding between holding my coins, or selling them now and waiting for the dump then buying back even more.

Ethereum is a centralized piece of shit, but that doesn't mean the price won't keep going up. Just look at Ripple which is 1000x worse.

I believe that ethereum has no future and that etc is the future, but I still regret selling all my ethereum at $30 only to watch it rise to like $250+. I guess it's a lesson in not letting ideology get in the way of profit making.

Well, I bought like 0.2btc worth of pivx. Let's see what happens.

Almost makes it not worth dealing in fiat at all...

The amount of hassle involved using fiat is going to be its downfall. And you shouldn't put into fiat that which you cannot afford to lose anyway. When you only have crypto, all of these problems disappear.

Of course, you need small amounts of fiat for daily life until more people start accepting crypto, but you can easily trade crypto for cash and use that.

Just like fiat.

Don't forget his side job of being the guy behind the gloryhole.

I have a 50/50 split between altcoins and bitcoin, and a 50/50 split between gold and crypto, and a 50/50 split between fiat and gold+crypto. So, about 200k in fiat (government bonds), 100k in gold, 50k in bitcoin, 50k in altcoins.

Sold all my ETH after the rise, except for 100 of them which I kept. Put the profits into ETC.

I think both have their own value proposition.

Not only Bitcoin. Basically say goodbye to the entire Internet if any number of cryptographic functions are "hacked only once".

Say goodbye to the entire planet if someone works out how to make the sun explode. It only has to happen once!

Spoetnik has been on a mad nonsensical rant about Monero for, what, 3 years now? It's getting a bit old and boring.

You must trust that the founders destroyed the nonce used in generating the initial parameters. If they didn't then they can see all your transactions and print as many coins as they want without being detected (dropping the value of the coin). Zerocoin is not trustless, you may as wall use ripple - or a bank.

More important than privacy is fungability. Not all bitcoins are worth the same amount, some are worth more than others in certain situations. This is a huge problem for mass adoption because (as one example) you don't know if the bitcoins you are receiving have previously been used in an illegal transaction and could be confiscated. This is not a problem for Monero.

And if bitcoin was compromised all your coins can be spent by anyone. Same level of difficulty. Only has to happen once and *all* bitcoins can be spent. Game over.

You're a dash fanboy trashing monero, and that's all there is to it. None of your 'technical explanations' make a shred of sense.

Hey Spoetnik,

Dash sucks. It's going to crash hard and you're going to lose everything.

Good night.

If you needed Vault7 to know that Chrome is spyware you're already a lost cause.

I've seen your other posts, and I'm pretty sure I know who you are in the Dash telegram group.

It's pretty obvious what you are doing here and it's not working.

They probably used monero because, I don't know, someone intelligent enough to write ransomware is intelligent enough to see that Zcash isn't Trustless and Dash is less anonymous than Bitcoin.