BTC trading within a wallet is a flawed idea, just think it through a little bit and you'll come to the same conclusion. The wallet would have to also sync to the bitcoin blockchain, right? If you guys can accomplish that, then kudos to you but I really don't see it happening. Just my 2 satoshis.
I personally think your best chance is a marketing play. Use the trending hashtags of the week and get everyone to post in that thread on FB or Twitter to promote the coin.
Good luck.
Topic: [ANN] #coin - page 10. (Read 39728 times)
NEW Bounty
Wallet feature : Allow BTC/#coin trading from within the #coin wallet. Developers who feel they can programme this feature are invited to apply. Renumeration will be in BTC or #coin [OPEN]
This!
A huge innovation for the hash tag coin, if we can make it happen.
I hate trading on crypsty because my coins get lost in limbo, or come to find out that MCXNow exchange closed with no warning.
And why pay trading and moving coin fees?
A pure peer-to-peer trading platform via coin wallet will make what alt coins were suppose to be: decentralized!
Looks promissing :-)
I keep a eye on it and hope to contribute with my single gpu rig
I keep a eye on it and hope to contribute with my single gpu rig
The most important is get a good launch. Take too much attention on this point, and the coin will be very succesful.
Thanks for your feed-back guys.
@Mjollnir Your single GPU is what we want to see, Scrypt-Jane will even let you mine on your mobile phone. I'm looking into setting up a P2Pool but I will have to see how much time we have with development still to finish.
@atleticofa Thanks for your feed-back. I'm hoping it goes smoothly. I'm checking in with other launches over the last few weeks to make sure we have everything covered from that point.
I will be there at the start (if i am not sleeping ofcourse
) Looks promissing :-)
I keep a eye on it and hope to contribute with my single gpu rig
I keep a eye on it and hope to contribute with my single gpu rig
The most important is get a good launch. Take too much attention on this point, and the coin will be very succesful.
Thanks for your feed-back guys.
@Mjollnir Your single GPU is what we want to see, Scrypt-Jane will even let you mine on your mobile phone. I'm looking into setting up a P2Pool but I will have to see how much time we have with development still to finish.
@atleticofa Thanks for your feed-back. I'm hoping it goes smoothly. I'm checking in with other launches over the last few weeks to make sure we have everything covered from that point.
The most important is get a good launch. Take too much attention on this point, and the coin will be very succesful.
All I can say is try to keep the premine as low as possible
I am thinking of even probably halving our initial pre-mine amount. Either that our do a straight give-away for the first 2,500 blocks when reward is only 1 coin.
Looks promissing :-)
I keep a eye on it and hope to contribute with my single gpu rig
I keep a eye on it and hope to contribute with my single gpu rig
seems good
All I can say is try to keep the premine as low as possible
My Webhost (Host24.com) tells me our website is down for 20-30 minutes.
I see that your looking for trying to substain community interest/interaction with the coin. Since you guys are going scyript-jane and the coin itself with be cpu friendly, I do have the following suggestions.
Alot of people who were very late to bit/alt coin chain show up on the forums each day.
Create your own pool and test it before coin is released-
More experienced people who know how to min/max will create their own pools if they see the need, and if this comes along smoothly and professionally, those pools will exist before release.
However, make your own #coin pool, and create a true Mining for dummies guide/setup- Give it a small % fee, and who knows, maybe use the pool fee's to fund a faucet.
Once you have your own pool, target those newer members who constantly ask how to mine for fish. If this is the first coin they get into, and the getting into is as painless as possible, you have a potential source of loyal/long term first adopters. As they get experienced, they might shift to more competitive pools, etc. Still, it helps create more educated ecurrency members, and might create people who are truly invested in the coin.
The more you establish your infastructure, the more likely it is to catch on. Maybe take part of the pre-mine to create a faucet or two. People like free, and if they can get free even without mining, they are more willing to get the wallet.
Don't forget to test the wallet/mining/etc in advance of the release. Any glitches in said release tend to result in OMGTRASHCOIN peer reviews.
Alot of people who were very late to bit/alt coin chain show up on the forums each day.
Create your own pool and test it before coin is released-
More experienced people who know how to min/max will create their own pools if they see the need, and if this comes along smoothly and professionally, those pools will exist before release.
However, make your own #coin pool, and create a true Mining for dummies guide/setup- Give it a small % fee, and who knows, maybe use the pool fee's to fund a faucet.
Once you have your own pool, target those newer members who constantly ask how to mine for fish. If this is the first coin they get into, and the getting into is as painless as possible, you have a potential source of loyal/long term first adopters. As they get experienced, they might shift to more competitive pools, etc. Still, it helps create more educated ecurrency members, and might create people who are truly invested in the coin.
The more you establish your infastructure, the more likely it is to catch on. Maybe take part of the pre-mine to create a faucet or two. People like free, and if they can get free even without mining, they are more willing to get the wallet.
Don't forget to test the wallet/mining/etc in advance of the release. Any glitches in said release tend to result in OMGTRASHCOIN peer reviews.
Thanks for your feedback and suggestions elrugrim. Mining pools weren't high on our agenda but I can see where it would be beneficial, as you mention, alot of newcomers are looking for an easy way to get into mining. I like the idea of the faucet giving back to the miners. Your right about ensuring a professional glitch-free launch to be taken seriously, that's definitely our main goal. Thanks, we'll definitely look into starting our own pool.
I see that your looking for trying to substain community interest/interaction with the coin. Since you guys are going scyript-jane and the coin itself with be cpu friendly, I do have the following suggestions.
Alot of people who were very late to bit/alt coin chain show up on the forums each day.
Create your own pool and test it before coin is released-
More experienced people who know how to min/max will create their own pools if they see the need, and if this comes along smoothly and professionally, those pools will exist before release.
However, make your own #coin pool, and create a true Mining for dummies guide/setup- Give it a small % fee, and who knows, maybe use the pool fee's to fund a faucet.
Once you have your own pool, target those newer members who constantly ask how to mine for fish. If this is the first coin they get into, and the getting into is as painless as possible, you have a potential source of loyal/long term first adopters. As they get experienced, they might shift to more competitive pools, etc. Still, it helps create more educated ecurrency members, and might create people who are truly invested in the coin.
The more you establish your infastructure, the more likely it is to catch on. Maybe take part of the pre-mine to create a faucet or two. People like free, and if they can get free even without mining, they are more willing to get the wallet.
Don't forget to test the wallet/mining/etc in advance of the release. Any glitches in said release tend to result in OMGTRASHCOIN peer reviews.
Alot of people who were very late to bit/alt coin chain show up on the forums each day.
Create your own pool and test it before coin is released-
More experienced people who know how to min/max will create their own pools if they see the need, and if this comes along smoothly and professionally, those pools will exist before release.
However, make your own #coin pool, and create a true Mining for dummies guide/setup- Give it a small % fee, and who knows, maybe use the pool fee's to fund a faucet.
Once you have your own pool, target those newer members who constantly ask how to mine for fish. If this is the first coin they get into, and the getting into is as painless as possible, you have a potential source of loyal/long term first adopters. As they get experienced, they might shift to more competitive pools, etc. Still, it helps create more educated ecurrency members, and might create people who are truly invested in the coin.
The more you establish your infastructure, the more likely it is to catch on. Maybe take part of the pre-mine to create a faucet or two. People like free, and if they can get free even without mining, they are more willing to get the wallet.
Don't forget to test the wallet/mining/etc in advance of the release. Any glitches in said release tend to result in OMGTRASHCOIN peer reviews.
NEW Bounty
Wallet feature : Allow BTC/#coin trading from within the #coin wallet. Developers who feel they can programme this feature are invited to apply. Renumeration will be in BTC or #coin [OPEN]
lol cheers
I like idea of low nominal rewards on initial blocks, but I suppose these are post-premine?
Yes coinpr0n, these would be after the initial pre-mine. Glad the low reward to day 4.5 agrees with you I thought it was a good idea too.
I like idea of low nominal rewards on initial blocks, but I suppose these are post-premine?
Another key question is how do we encourage a healthy and sustainable network. Would compulsory transaction fees be the preferred method? Do we use some of the pre-mined coins to pay nodes a monthly lease ?
I've updated the working specifications for #coin (see below). Your feedback is welcomed so we can move to the development phase. As always, we are happy to listen to any idea's as long as reasons are provided to back your case.
- Based on Scrypt-Jane ---> Promotes solo CPU mining
- Protocol POS+POW hybrid ---> Improves resilience to network hash attacks
- Block generation - 2.5 min ---> Allows faster, transactional type payments when compared to Bitcoin
- Difficulty change Kimotos Gravity Well algorithm ---> Stabilises network hash rate & protects against large multipools
- Confirms 2 ---> Arbritary
- Coins per block 50 (halving every 500,000 blocks ~ 868 days ) ---> Arbitrary
- Total ~ 50 million coins ---> Arbitrary
- Premine ~ 500k-1million coins(1-2%) ---> IPO for investors who wish to purchase but not mine #coin (beneficial to all miners as it creates an initial value for #coin). These IPO sales will be used to cover initial and ongoing costs to drive #coin's development and profile. A public ledger is being considered to allow tracking of these costs to cover things that must be paid for dev's, website hosting and ongoing marketing. Thanks to StewJ for this idea.
- Block reward: Low nominal value till block 2,500 ---> On release initially first blocks upto block 2,500 (~4.5 days) pay-out only 1 coin. This allows everyone to setup their wallets and lets us fix any teething issues at this stage. Thanks to Halibat and illodin for their ideas here.
- Block 1 = 1
- Block 2 = 1
- Block 3 = 1
- …
- Block 2,500 = 50
- …
- Block 500,000 = 25
- …
- Block 1,000,000 = 12.5
Let me in...
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