Mining at basshash now, AM.
Great stuff Steve, really hope the network balances out. Need to work out how best to get this carboncoin thread to the top in google searches, that's the next job. Anyone with SEO skills out there?
The block halving time of 56 days seems a little aggressive. Users will be getting 211 per block coins by Jan 2017. That means this coin needs to develop into "something" very fast. What's the plans for this coin an why is it important?
Further to Steve's response:
Having taken part in many of the basic scrypt copies from launch, specifically the ones exploiting the "total number of coins ever" to gain exposure at coinmarketcap, despite not adding any value technologically speaking, it occurred that there was a need for a speculative coin that would not have to come back down because of being absurdly over-supplied.
If/when this coin takes off it will not have to come back down, and this is directly because of the rapid halving.
384 billion coins was rather aggressive; that didn't stop that particular coin peaking at 39 satoshis before coming all the way back. The same mathematics places this A LOT higher than 39 satoshis. Might be worth getting hold of some just in case, no?
At this point you can get 1% of the TOTAL COINS EVER on Cryptorush for 1.6 BTC. I can't help but think that this will not be the case for very long. It is very risky indeed, BUT so was bitcoin, litecoin etc... That's more than the whole premine!
What happens to this coin is what is going to make it important. Once the circulation has dropped the tx fees will be such that the network will be taken care of and by that time anyone who gets in now should be very happy to pay them.
As far as plans go, a medium for value creation, wealth redistribution and value transfer has been made. I for one will be spending my time ensuring the network is as healthy as it is humanly possible for me to make it, given the restrictions I have to operate within.
If it works we have the king of disruptive currency; if it doesn't, I am happy to say I have tried. If you would like to help in any way I would be very grateful for any support you can give. We could really benefit from having a Mac wallet compiled, as well as promoting this thread above that of the original, so people accessing info via google get up to date information about where the community is, and what this is becoming.
Thank you for your interest
AM