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Topic: A Coin Made Especially for Miners. - page 6. (Read 3610 times)

legendary
Activity: 3052
Merit: 1530
www.ixcoin.net
July 10, 2013, 02:44:33 PM
#5
Call it Thatchercoin! Hehehehe.... then see the hatred from all the socialists out there just pour in. Thatcher is accused of destroying a 'thriving' mining industry in the UK. (Subsidized to the tune of 70% but apparently that's thriving).

Tehe. Personally I'd call it Coal (COL) or Black Diamond (BDi), as I think that's pretty much the concept we're going after here. Something that doesn't necessarily look fantastic initially, but yields its own rewards and has its own unique selling point.

DeathAndTaxes has a point though.... it's going to be quite hard to pin down the different workers...

Lol, I didn't know that.

This feature wouldn't hurt the big miners, it would simply be a bit more rewarding on a % basis to the smaller guy.
Zas
newbie
Activity: 28
Merit: 0
July 10, 2013, 02:43:05 PM
#4
Call it Thatchercoin! Hehehehe.... then see the hatred from all the socialists out there just pour in. Thatcher is accused of destroying a 'thriving' mining industry in the UK. (Subsidized to the tune of 70% but apparently that's thriving).

Tehe. Personally I'd call it Coal (COL) or Black Diamond (BDi), as I think that's pretty much the concept we're going after here. Something that doesn't necessarily look fantastic initially, but yields its own rewards and has its own unique selling point.

DeathAndTaxes has a point though.... it's going to be quite hard to pin down the different workers...
legendary
Activity: 3052
Merit: 1530
www.ixcoin.net
July 10, 2013, 02:39:03 PM
#3
First of all not sure why you want to reward less security however with the nature of anonymous peers a single "large" miners can appear as dozens or hundreds of tens of thousands of small peers.

i.e. if I have 1 TH/s of hashing power I can easily make that look like 1x 1000 GH/s worker, 10x 100 GH/s workers, 100x 10 GH/s workers, 1000x 1 GH/s workers, etc.

I wouldn't target the large miners.  In fact the large miners would get the same rewards but on a % basis, the feature I have in mind would be much more rewarding for the smaller guy.

So the security wouldn't change and large miners would want to mine this coin as well because it should be more fun and rewarding to mine than any other coin.

But I haven't talked to any programmers so I don't know what it would take or how much it would cost to implement such a feature.
donator
Activity: 1218
Merit: 1079
Gerald Davis
July 10, 2013, 02:34:27 PM
#2
First of all not sure why you want to reward less security however with the nature of anonymous peers a single "large" miners can appear as hundreds or thousands of "small" peers.

i.e. if I have 1 TH/s of hashing power I can easily make that look like 1x 1000 GH/s worker, 10x 100 GH/s workers, 100x 10 GH/s workers, 1000x 1 GH/s workers, etc.
legendary
Activity: 3052
Merit: 1530
www.ixcoin.net
July 10, 2013, 02:30:55 PM
#1
Running these polls the past few days I've found a few shocking things.

A) It's way too easy to launch a coin and way cheaper than I first thought.

B) People here are set on default to automatically hate any new dev or new coin.

At first I thought you were all very sick people but Now I see most of you are just sick and skeptical of scammers and pumpers looking to dump another CrapCoin on everyone.  

And I gotta respect that.  But here's another shocking thing.  You guys are computer literate and many of you can program - you can literally write your own ticket, create the best coin for YOU, with yourselves in mind - first and foremost.  Yet nobody has done that.  Nobody cares about everyone else: the focus is always on ME.

Now, there's nothing wrong about caring about yourself but why not do something for everyone else too, especially when it's easy and affordable to do.

So I wanna launch a coin aimed at benefitting the miners the most.  After-all, miners make or break all alt coins so where's a coin designed for them, to benefit them the most, especially the many at the low end of the hash-rate spectrum?

I have a feature in mind, a concept I learned in Business School that would make mining a lot more exciting, and more rewarding, but most of all would benefit the smaller guy more than the guy with a $50,000 rig, on a % basis.

This would be a coin for the alt community and you guys would have to adopt it and make it your own.  I'll pay for it and launch it and in return I'd take 1%.  No premine or instamine.

And I'll give at least a 3 day heads up, that's a true fair launch.  That way anyone against it has plenty of time to mobilize enough people to kill this thing.  I'll even make it SHA256d so it can be merge mined and those with ASICS can kill it even faster if it's another crapcoin.  There should be a 3 day rule: sneak launches are a big sign of another crapcoin scared of a killer attack.

So what do you guys think?   Any good names you guys want for such a coin:  a coin by the people for the people?  

What about special features:  what are some features you'd really wanna see?


Shout it out!

Edit:

I can't keep giving hints about this new feature I call:  the VGB Protocol.

Be assured it will be fair to all miners but more rewarding to the smaller miner which is most people.  And it will make mining more fun and exciting for everyone, even the big miners.

LoL, looks like Nuggets  is so far the more popular name.  It's your coin, pick any name you want most.
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