★★ [ANN] [CRD] Credits, a new crypto with real innovation ! ★★ - page 3.

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: Hydroponica on June 10, 2013, 10:28:46 AM

Quote from: zackclark70 on June 10, 2013, 09:28:01 AM

Quote from: Hydroponica on June 10, 2013, 07:58:04 AM

Like I said, good concept, but, It'll be pumped, dumped into oblivion, and then ignored, just like the others. And, if people stop mining it, your coins never get out into the world, network dies, coin dies.

why be so negative ?

?? I'm being realistic.

i realy think this will work
Is there and reason why it wont work rather than peoples opinions ?

saamxx

hero member

Activity: 546

Merit: 503

it would only be 6 billion if i mined every block for 57 years lol

why not?

Let our grandchildren will receive a gift.

You'll be busy until old age, and become famous Cheesy

Hydroponica

full member

Activity: 182

Merit: 100

fml

Quote from: zackclark70 on June 10, 2013, 09:28:01 AM

Quote from: Hydroponica on June 10, 2013, 07:58:04 AM

Like I said, good concept, but, It'll be pumped, dumped into oblivion, and then ignored, just like the others. And, if people stop mining it, your coins never get out into the world, network dies, coin dies.

why be so negative ?

?? I'm being realistic.

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: saamxx on June 10, 2013, 10:08:44 AM

Six billion stay with you Shocked

600 billion - all amout. 99% - are to people.
A new fork of premaining?

it would only be 6 billion if i mined every block for 57 years lol

there will be 0 premine i will mine just like all the other people after it has been releced

what i do mine after it has been releced i will keep 1% of what i mine and give away 99% ( i will not be puting more than 2,500kh/s on credits ) so i dont have to big a share in it

saamxx

hero member

Activity: 546

Merit: 503

Six billion stay with you Shocked

600 billion - all amout. 99% - are to people.
A new fork of premaining?

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: NumberFive on June 10, 2013, 09:45:44 AM

What is this coins intentions.

my intentions are to have a crypto curentcy that is useable by everyone ( 99% of all the coins i mine will be given away )and that also has real inovation

( most people are only premoting bitcoin to make there own coins worth more )

thanks

zack

NumberFive

member

Activity: 75

Merit: 10

What is this coins intentions.

digitalindustry

hero member

Activity: 798

Merit: 1000

‘Try to be nice’

Quote from: zackclark70 on June 10, 2013, 09:28:01 AM

Quote from: Hydroponica on June 10, 2013, 07:58:04 AM

Like I said, good concept, but, It'll be pumped, dumped into oblivion, and then ignored, just like the others. And, if people stop mining it, your coins never get out into the world, network dies, coin dies.

why be so negative ?

lol - !

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: Hydroponica on June 10, 2013, 07:58:04 AM

Like I said, good concept, but, It'll be pumped, dumped into oblivion, and then ignored, just like the others. And, if people stop mining it, your coins never get out into the world, network dies, coin dies.

why be so negative ?

Hydroponica

full member

Activity: 182

Merit: 100

fml

Like I said, good concept, but, It'll be pumped, dumped into oblivion, and then ignored, just like the others. And, if people stop mining it, your coins never get out into the world, network dies, coin dies.

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: digitalindustry on June 10, 2013, 07:23:18 AM

thanks for your reply , see my edit -

yes to be honest i see the total cap as less improtant than the other stuff outlined there .

Quote from: digitalindustry on June 10, 2013, 07:12:30 AM

+1

Thanks for the Pm Zack i'm reading though this - something i can tell you -

1. the Blockchain needs reform - review { i keep saying it } - Bitfreak! had a theory and Balthazar also did. - I’m sure heaps of others could as well.

2. without such reform what Hazard basically said about the messaging service -

3* i have actually a better idea - regarding the client - I’m happy to contribute it to a winning currency. < no proof that "credits" is any of that ATM < if you see it on nibble you will know.<

4. i've no problem marketing a great logo for you - you are about to see some great logo's from me. < but you need to put something coherent together and don't turn it into “Netcoin” < nothing against Netcoin and I’m sure the recent FTC news has bolstered their Syndicate opinions , but I believe there is always a free market option < I bet I’m right .

5. forget about pump dump fear , who cares about a pump or a dump that is the market , take your emotion out of this , pump and dumps occur on premined currency for all the obvious reasons.

6. I can already - advise a simple and basic improvemne ton the name - but i'd give that to a winner.

Cheers.

1 the problem i have is that i cant code to well so i am looking for a coder that is wiling to stick around ( if i was going to make another crap coin i would have gone to hazard)

2 the messaging service will hopfully be instant mesages based in an altenative wallet so
A it doesent bloat the block chain
B so it is optinal

3

4 the problem i have is geting whats in my head onto here in a way other people understand ( joerii helps me alot with editing ) thanks joerii

5

6 i would concider any ideas anyone has im looking to make it the best i posably can Grin

thanks for your time

zack

digitalindustry

hero member

Activity: 798

Merit: 1000

‘Try to be nice’

thanks for your reply , see my edit -

yes to be honest i see the total cap as less improtant than the other stuff outlined there .

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: digitalindustry on June 10, 2013, 07:12:30 AM

Quote from: NWO on June 05, 2013, 09:10:07 PM

I think you should reduce the reward size to counter inflation. Not every single person in the world will have 100 coins each as a select few on these forums will reap in 100,000's so this is flawed. Also derivatives less than 1 can be used just like with bitcoin.

+1

Block reward 10,000 block reward and time have to me like this to get all the credits in circulation in less than 60 years

The total ammount of coins would be such that there would be at least 100 units per person on the planet, which would put the number at....at least 600,000,000,000

For the first 525600 blocks ( 6 months ) you will only be able to send whole coins 525600 blocks later you will be able to send 1/2 credits
the minimum amount you can send will 1/2 every 6 months

the value of the coin will start low as not to go head to head with other coins giving it time to gain value
look at bitcoin people are confused about all the micro coin terms

thanks

zack

if it is going to be mass used it will eventualy need all 600 billion credits
if you can think of a way to get 600 billion in less than 60 years i would be intrested in hearing it

digitalindustry

hero member

Activity: 798

Merit: 1000

‘Try to be nice’

Quote from: NWO on June 05, 2013, 09:10:07 PM

I think you should reduce the reward size to counter inflation. Not every single person in the world will have 100 coins each as a select few on these forums will reap in 100,000's so this is flawed. Also derivatives less than 1 can be used just like with bitcoin.

+1

Thanks for the Pm Zack i'm reading though this - something i can tell you -

1. the Blockchain needs reform - review { i keep saying it } - Bitfreak! had a theory and Balthazar also did. - I’m sure heaps of others could as well.

2. without such reform what Hazard basically said about the messaging service -

3* i have actually a better idea - regarding the client - I’m happy to contribute it to a winning currency. < no proof that "credits" is any of that ATM < if you see it on nibble you will know.<

4. i've no problem marketing a great logo for you - you are about to see some great logo's from me. < but you need to put something coherent together and don't turn it into “Netcoin” < nothing against Netcoin and I’m sure the recent FTC news has bolstered their Syndicate opinions , but I believe there is always a free market option < I bet I’m right .

5. forget about pump dump fear , who cares about a pump or a dump that is the market , take your emotion out of this , pump and dumps occur on premined currency for all the obvious reasons.

6. I can already - advise a simple and basic improvemne ton the name - but i'd give that to a winner.

Cheers.

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: nwbitcoin on June 10, 2013, 06:36:46 AM

Why so many coins?

We don't need 100 per person, we just need enough for the people who are interested in using the coin, at the time they are interested in using it.

5% of your current figure is still going to be plenty!

The cool part of your code is the messaging element. The question is, is this like writing on a paper note? Will your message be read by later users of your coins?

Will I get a coin with Happy Birthday Auntie Hilda written on it?

the thought of it! Wink

I have been considering the message feature a lot. It might be better to build a instant messaging feature into a custom wallet.

with regards to the 10,000 block and the 600 billion total credits look at the problem bitcoin is having with people understanding micro transactions

thanks

zack

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: Hydroponica on June 10, 2013, 06:24:37 AM

You know, I saw this, and I was Oh cool, credits, like Star Trek. Then I saw the 10,000 coin block reward....You know, I really think you might have ahd a winner here, why the hell would you ruin it, with such a stupidly large block size? Pass.

Block reward 10,000 block reward and time have to me like this to get all the credits in circulation in less than 60 years

The total ammount of coins would be such that there would be at least 100 units per person on the planet, which would put the number at....at least 600,000,000,000

For the first 525600 blocks ( 6 months ) you will only be able to send whole coins 525600 blocks later you will be able to send 1/2 credits
the minimum amount you can send will 1/2 every 6 months

the value of the coin will start low as not to go head to head with other coins giving it time to gain value

nwbitcoin

sr. member

Activity: 294

Merit: 250

You are a geek if you are too early to the party!

Why so many coins?

We don't need 100 per person, we just need enough for the people who are interested in using the coin, at the time they are interested in using it.

5% of your current figure is still going to be plenty!

The cool part of your code is the messaging element. The question is, is this like writing on a paper note? Will your message be read by later users of your coins?

Will I get a coin with Happy Birthday Auntie Hilda written on it?

the thought of it! Wink

Hydroponica

full member

Activity: 182

Merit: 100

fml

You know, I saw this, and I was Oh cool, credits, like Star Trek. Then I saw the 10,000 coin block reward....You know, I really think you might have ahd a winner here, why the hell would you ruin it, with such a stupidly large block size? Pass.

zackclark70

legendary

Activity: 868

Merit: 1000

ADT developer

Quote from: r.freeman on June 10, 2013, 04:27:42 AM

Do you have any idea how to prevent forking especially in the early phases after join?

The diff will be starting at 0.1 and will change every 60 blocks this should minimise the forking issue

do you have any better ideas ?

r.freeman

newbie

Activity: 42

Merit: 0

Topic: ★★ [ANN] [CRD] Credits, a new crypto with real innovation ! ★★ - page 3. (Read 10593 times)