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Topic: [ANN] - A New design based on NVC PoW+PoS and incorporating the Mini-blockchain. - page 2. (Read 3667 times)

sr. member
Activity: 359
Merit: 250
It seems that someone can't understand the checkpointing idea, but posting too much. Roll Eyes NVC and PPC can work without checkpointing, there is absolutely no problem. It's just additional measure which can be removed in any time, anyone can build own client without this feature.
Someone could post coin design in one nice detailed documents to help those who are not so smart Roll Eyes Anyway great to hear that.

EDIT: I guess I'll read the source.
legendary
Activity: 3108
Merit: 1359
It seems that someone can't understand the checkpointing idea, but posting too much. Roll Eyes NVC and PPC can work without checkpointing, there is absolutely no problem. It's just additional measure which can be removed in any time, anyone can build own client without this feature.
newbie
Activity: 56
Merit: 0
3D BC? Like, multiple blocks being hashed at the same time?
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
"if I have better marketing" "and can get more exposure"
people don't understand that the code is just the 50%, ha ha look at Bitcoin lol  all those flaws, but got  a little marketing becasue it was the first of its kind lol
I believe it would fall into "first of its kind" so even I should be able to handle marketing it.


Great sounds good, if it's great i will market it as well ! and you will profit both ways. : D

just to ask what don't you like about the PoW + PoS system ?
It's seems to be copy o PPC system which relies heavily on central checkpointing and had some design flaw in beginnings. I guess it is fixed know, but information about how this algorithm really works are scarce (or not? any links?). Moreover this algorithm needs adaptation to mini-blockchain and until someone think over details we don't really know if it will work.

Yeah he fixed the flaws - the info is all on the original thread as far as the Algo goes?? sorry , ..but i'm going to have, to , you know.... what .ready...... Roll Eyes < Balthazar tradmark lol jokes

yeah that's why i have the topic here to get that into the mini BC, although i can tell you Balth is working on a 3D BC with Hamming Codes, so he said (and that was all he said)


sr. member
Activity: 359
Merit: 250
"if I have better marketing" "and can get more exposure"
people don't understand that the code is just the 50%, ha ha look at Bitcoin lol  all those flaws, but got  a little marketing becasue it was the first of its kind lol
I believe it would fall into "first of its kind" so even I should be able to handle marketing it.

just to ask what don't you like about the PoW + PoS system ?
It's seems to be copy o PPC system which relies heavily on central checkpointing and had some design flaw in beginnings. I guess it is fixed know, but information about how this algorithm really works are scarce (or not? any links?). Moreover this algorithm needs adaptation to mini-blockchain and until someone think over details we don't really know if it will work.
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
I don't like combined PoS / PoW design, but I will happily contribute to mini-blockchain part of implementation.
After all I will just copy paste your code, change PoS/PoW part to my awesome idea and easily win competition Smiley



you left out :

"if I have better marketing" "and can get more exposure"

people don't understand that the code is just the 50%, ha ha look at Bitcoin lol  all those flaws, but got  a little marketing becasue it was the first of its kind lol

just to ask what don't you like about the PoW + PoS system ?
sr. member
Activity: 359
Merit: 250
I don't like combined PoS / PoW design, but I will happily contribute to mini-blockchain part of implementation.
After all I will just copy paste your code, change PoS/PoW part to my awesome idea and easily win competition Smiley
sr. member
Activity: 294
Merit: 250
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
My personal suggestion in regards to block time/reward would be: Small

Small/short block time, small frequent reward

and Large cap. Make it last.

i generally tend to agree with you , if we are serious about making something useful and not just an attempt at marketing a quick bucks scam , we need something like this. agreed.

i'm not putting my design to a dumb scam.
newbie
Activity: 56
Merit: 0
My personal suggestion in regards to block time/reward would be: Small

Small/short block time, small frequent reward

and Large cap. Make it last.
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
Well, i am willing to participate in this project and spare a few hours a week. I don't have much time but i want to see a new coin on the market, and not simply forks of litecoin. I liked the idea of the novacoin, to bad that the community didn't appreciate to it just value, but they jumped on featherclone, chinaclone and other clones. And adding a mini chain will be great. Now, in my opinion, no coin can really be used in the long time and because of the large blockchain.

hey mate thanks heaps ! - some one sees the logic here ++1

thanks for any help you can give ! : )
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
Interesting. I like the mini blockchain idea, if it's feasible. The only question I have is what is the ultimate coin cap, if any, and how fast does the network churn out coins?


great question - we are going to work that out friend.  primary problem is the Block chain but.  we would want a , base of coin that is not too limited as we want accessibility but i'm totally open for suggestion , and one obviously would want as fast as trans time as possible - with out problems - but some of that will be BC defined. i'd say . 
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
My question is, why are you trying to do something you can't do by yourself?
All you have is name, logo and bunch of stolen ideas for your coin.
I don't see any personal input from yourself.
And should I even mention "Reserve amount to be mined and marked in a "special" way"?  Grin

thanks for the Question ?

Because i have a way to make the idea become more than a pump and dump directed off of this forum, my input is more (edit that) as valuable as the code, you can't understand that , but that's ok, why don't you run a long a design a super complex code and release it on usenet and see how much market penetration it gets?

the reserve is to be fleshed out , i want it held public in some way , you poor guy , you need to read.

anyhow thanks for the feedback !
newbie
Activity: 56
Merit: 0
Interesting. I like the mini blockchain idea, if it's feasible. The only question I have is what is the ultimate coin cap, if any, and how fast does the network churn out coins?
full member
Activity: 258
Merit: 100
Look ARROUND!
Well, i am willing to participate in this project and spare a few hours a week. I don't have much time but i want to see a new coin on the market, and not simply forks of litecoin. I liked the idea of the novacoin, to bad that the community didn't appreciate to it just value, but they jumped on featherclone, chinaclone and other clones. And adding a mini chain will be great. Now, in my opinion, no coin can really be used in the long time and because of the large blockchain.
full member
Activity: 157
Merit: 100
My question is, why are you trying to do something you can't do by yourself?
All you have is name, logo and bunch of stolen ideas for your coin.
I don't see any personal input from yourself.
And should I even mention "Reserve amount to be mined and marked in a "special" way"?  Grin
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
a little quite isn't it?

well all the Pump Dump fake accounts and transactions ,and the Pay off the exchange with the pre-mined blocks is going to do is hurt the exchanges in the long run .

if they pump more "alts" onto the exchange people are going to start saying  "this exchange will host anything?" and the overall confidence of the exchange will go down.

if one exchange continues to host them, then it will start to be viewed as a "Pump Dump exchange of scammers" 

so I'm happy to let that roll , I'm in no hurry

 ; D

again the market will sort that out.
legendary
Activity: 3108
Merit: 1359
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
It seems that some guy already used the "Royal Coin" name for his own purposes. Roll Eyes

ha ha !  (i hope you are joking? ) (right?)

if you go back up top lol Balthazar - that's why i said i was "talking" to you  ha ha (you are still a genius but, so don't stress) We just seem to have a little tiny communication breakdown.


you misunderstand friend.

I'm not going to call this design "Royal coin" ha ha and if you are joking you Have a good sense of humor.

what do you think of the Bitfreak! idea , for the BC ?
legendary
Activity: 3108
Merit: 1359
It seems that some guy already used the "Royal Coin" name for his own purposes. Roll Eyes
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