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Topic: [2014-01-03] Motherboard: Making Your Own Cryptocurrency Has Never Been Easier (Read 922 times)

legendary
Activity: 2128
Merit: 1031

Thanks for the links,

I was more looking for a reason to read those tho...
legendary
Activity: 2128
Merit: 1031
legendary
Activity: 2408
Merit: 1121
Disastercoin - perfect.

"Trust us, we're going to take a decentralized system and put a centralized escrow-balanced encoded trainwreck on top of it. Of course it will work, you just have to reverse your stance on trustless sytems and trust every one of the MSC board unconditionally."

Yeah, sure guys. Ripple called, they want their defective premined monopoly back.
legendary
Activity: 4578
Merit: 3526
http://motherboard.vice.com/blog/making-your-own-cryptocurrency-has-never-been-easier

Quote
This fall, Bitcoin became the toast of the Beltway. Far from its cryptoanarchist origins, US Senators, encouraged by Bitcoin investment and currency speculation, praised the fledgling cryptocurrency as a technological breakthrough.

Everyday 2-3 new altcoins are being created, which is in fact diluting the Bitcoin. Can't we just ban these new copycats?

If we can ban alt coins, then we can ban bitcoin.

Anyway, the title of this article is misleading. The article is about Mastercoin, not about making alt coins.
newbie
Activity: 42
Merit: 0
This article is about Mastercoin, not alts.
To add to LiteCoinGuy. no, you can't ban, internet = freedom.
You can ignore or profit from them tho
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
no we cant. there will always be more then just one cypto but alot of them will die because they offer nothing new and they are not well developt.
legendary
Activity: 3808
Merit: 1219
http://motherboard.vice.com/blog/making-your-own-cryptocurrency-has-never-been-easier

Quote
This fall, Bitcoin became the toast of the Beltway. Far from its cryptoanarchist origins, US Senators, encouraged by Bitcoin investment and currency speculation, praised the fledgling cryptocurrency as a technological breakthrough.

Everyday 2-3 new altcoins are being created, which is in fact diluting the Bitcoin. Can't we just ban these new copycats?
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