A scammy cut-n-paste altcoin that tries to cash in on an implied but non-existent relationship with Kim Dotcom.<p>Stop ruining HN with crap posts like this.
> Yes! Of course! August 28, 2013!
That was the day I invented time-dilated difficulty gravitational wells. The black holes of difficulty formulas! I remember it vividly.
I was standing on the edge of my toilet about to upload a standard fork, the porcelain was wet, I slipped, hit my head on the sink, and when I came to I had a revelation!
A vision! A picture in my head! A picture of this! [1]
This is what makes time-dilated difficulty formulas possible: the Kimoto Gravity Well! It's taken me nearly sixty six years and my entire family fortune to realize the vision of that day.
KGW = 1 + (0.7084 * pow((double(PastBlocksMass)/double(144)), -1.228));
Marty, we don't have much time, we must release it upon the universe today.
The future of Megacoin depends on it.<p>After a few minutes of browsing their Github and about page it looks like it is based on this forum post [2]. edit: After further investigation it looks like it uses MurmurHash3 and scrypt... but it's definitely less interesting than Dogecoin.<p>1. <a href="http://i1367.photobucket.com/albums/r783/megacoin/KimotoGravityWell_zpsa1364d62.png" rel="nofollow">http://i1367.photobucket.com/albums/r783/megacoin/KimotoGrav...</a><p>2. <a href="https://bitcointalk.org/index.php?topic=240861.msg3040291#msg3040291" rel="nofollow">https://bitcointalk.org/index.php?topic=240861.msg3040291#ms...</a>
Looks like an alternative Litecoin blockchain:<p><a href="http://cryptolife.net/in-depth-altcoin-analysis-megacoin/" rel="nofollow">http://cryptolife.net/in-depth-altcoin-analysis-megacoin/</a><p>Nothing particularly interesting.
I'm guessing it's intentionally using the "mega" prefix and a New Zealand domain to conflate itself with Kim dotcom's ventures? How is this not a scam?