what is multipool and how does it help the coin :?
People with a very small stake compared to big stakeholders will hardly have any chance to mint more coins. In a multipool these people add all their coins together so that their total amount on coins would be larger and their chance to mint would be bigger as well.
No, it's a multipool like hashcows, wafflepool. You mine other altcoins
and then using the btc generated purchase CommunityCoin.
For a PoS coin like COMM it gives you regular buy pressure.
Does any of the exchanges where COMM is being traded offer API for trade ? If so, instead of developing a multipool we could only setup an address to receive the BTC generated on other multipools and configure a bot to buy the COMM whenever some BTC is received. This way each user willing to use the multipool point his mining equipment to one of the already existing multipools and configure the withdraw address to bot's one. We would need to have one different BTC address to each user, in order to share the COMM bought proportionally.
If I'm missing the point please let me know.
Adriano
The coin is on bittrex which does have a trade api. But not looked
at it in detail. Mintpal which everyone is voting to get listed on
doesn't currently have one. Although I think they are testing a
new api update in private beta.
https://bittrex.com/Home/ApiFairCoin is using a stratum proxy to use wafflepool, so if something
like could be setup. Would that be easy than a api bot?
http://fair-coin.info/multipoolI did send a message to hashcows, who replied and said would take
a look at the coin. But not heard back yet, they added an option
for MintCoin payouts. Which is what I asked, if they would add the
same option for COMM.