Coiledcoin another crypto with OP_EVAL?

Seems like Coiledcoin is basically dead after a >51% attack by Luke Jr. The more intriguing features might show up in Bitcoin one day, like the elimination of old Bitcoin addresses if Luke has his way (he was hinting at not mining transactions that use those addresses). No clue when that's gonna happen, and I definitely won’t be making tools to utilize them. Since there aren't enough Bitcoin clones out there, I'm dropping another one Coiledcoin. It’s got all the usual stuff from a modern Bitcoin clone plus some extras: Merged mining and OP_EVAL support from the get-go. No legacy addresses. Anyone who can send to a Coiledcoin address can also send to one that needs multiple signatures to spend, like an escrow or a business account that needs approval from two managers. It’s all seamless for the sender all addresses look the same using OP_EVAL (even if the spending infrastructure kinda sucks now). Blocks come in every 2 minutes on average, with difficulty changes of up to 100% up or 50% down every 720 blocks (around 24 hours), and we fixed the ArtForz timestamp exploit. Initially, you get 10 CLC per block, halving every 525000 blocks (about 2 years) until it hits 1 CLC, which will stay like that forever. So yeah, it's inflationary, at least until you account for coin loss. There’s also a meager premine of 1337 50 CLC in the genesis block. Just a heads-up: Coiledcoin addresses and transactions are formatted differently than your typical Bitcoin clones. Don’t mix 'em up!

Where is the client for linux? what miners can we use to mine your coin in linux? Thank you

It's not linux we should be worrying about, it's windows. OP, if you don't provide Windows binaries, there is no point in the alt chain.

Exchange or it is useless. When ?

There'll be source and clients for Windows and Linux once the chain actually officially launches; got the build process for them setup already. Any standard Bitcoin miner will work. This is a slightly rushed launch so I unfortunately don't have a public client out for a test version of the chain. (Obviously there's my private one which could in theory be released but it's probably not a good idea.)

Fail ScamCoin altchain is fail. We need the exchange to open ASAP. These will be worth 10 BTC each ! Buy, buy, buy !!!

Well, we'll see what happens - partly depends if anyone manages to launch any interesting services with it.

So what is OP_EVAL? Do you plan to add support for Open Transactions? It looks like i'll be a sleeping when this launches.

It's a way of letting you send to addresses that have more complicated restrictions on how the coins can then be spent - such as requiring signatures from multiple people or devices - without the sender having to worry about what the exact requirements are. It also makes it easier to, for example, set up an escrow arrangement where some coins can only be transferred either with the agreement of either the buyer and seller, or by the escrow agent and one of the two parties agreeing - so the escrow provider can't just run off with them. Sadly the tools to actually make this kind of escrow possible aren't quite ready yet. There's a good technical description here. It was originally going into Bitcoin, but I think they've pretty much abandoned it in favour of something similar which may or may not get enough support. It's all a tad messy on their end right now. Not really. That'd probably best be done externally by someone with more experience with Open Transactions, if at all.

It's receiver pays for fees too isn't it? Or did I misread somewhere?

FALSE, if anything no exchange will give it a chance of actually being adopted before the pump & dumpers happens.

I'll mine it if there's a pool available. DoubleC, feel like adding another coin?  Or testing this coin in an alternative pool to start?  I would only point one GPU at it to start to help for testing.

Well I would say trade from the start would prevent pump & dumping. If you wait for a while some are already sitting on tons of coins which makes your scenario possible. The more people mine/adopt this coin the better chance it has

I guess that's a fair statement. My priority is pool first.... Exchanges second, so that I can pump & dump   haha

In a way. The sender's side of the transaction is the same size no matter how complex the rules are - the actual script is only included when the transaction is spent, so the receiver pays any extra fees that result from them choosing to have more complex restrictions on how it can be spent.

OK, so this is somewhat later than originally anticipated, partly because of a slight last minute change and mostly because the Windows build is really slow, but it's out: Windows release Windows installer Linux release Source code   The website is coming eventually.

Logo ?

There's a placeholder at www.coiledcoin.org but it really wants replacing.

You can register accounts with Coiled Coin addresses at mmpool and they'll start receiving coins once I've tested and enabled it.

Difficulty is up for the first time