What is the main goal of this coin?
I knew this would come up eventually..... so as I said before in another thread prior to even building CrocodileCash, this would be my brief answer.
https://bitcointalksearch.org/topic/m.20551750You would be surprised about the current knowledge I have about crypto since joining up, lurking and reading the banter and information on these forums in the last month, I come from a Programming background so it was fairly easy to understand the concepts and partake my own little tests & initiative, yes I did read the "how to make my own cryptocurrency guide" even though it is very outdated it was still useful to show me the way the codebase runs.
Got a name for a coin ? Then shoot it through to me,
after all I don't want to make some crappy sounding coin even though it will be just another shitcoin, ha
*Oh and you said PoW...... boring (Yawn) why not mix things up with PoW & PoS co-existing at the same time.
(This is why ^^^ concurrent DPOS was added for a period of time to shake things up a bit and have it fair for miners & stakers)
If the coin takes off in the near future which I have high hopes for then I might even get a Commemorative Physical coin minted (In a batch obviously) so people can purchase one/some & say that they own some Physical Crocodile Cash on a Shiny Round/Proof (Self Loadable with a Hologram)
Plus crocodiles are Fierce Reptilians
Hello Gizzard,
It's time to investigate your coin. This is the first time I take a look at a very early coin. Please answer the following, it would be very appreciated:
1. What Bitcoin commit/release is this based off of?
2. When did you start development?
3. What does CrocodileCash bring to the table? PoW+PoS is not something innovative, as its been done several times.
4. Do you truly think keeping half of all CrocodileDash is fair and healthy for the community? Why?
That is all.
Thank you very much, I will post back when I am done my research.
1. What Bitcoin commit/release is this based off of ?The CrocodileCash codebase was forked from AntiBitcoin [ANTI] (The most stable I've read about for SHA-256)
2. When did you start development ?I joined the Bitcointalk Forums around the end of June/start of July after hearing about Bitcoin, started reading about cryptocurrencies, seen there was a bunch out there, come across a bundle of some old and new guides to make your own, decided to read a bit and play around with the code testing it on my own internal network applying changes from codebases I read through, seeing what works and whatnot, trial and error kind of stuff you know, before seeing that it works as intended, after that I changed (Again) Unix Time, pchMessageStart, generated new merkle, genesis, nNonce, (checked) ModifierCheckpoints & wallah
const char* pszTimestamp = "Aussie outback wrangler uses duct tape to shut giant jaws of monster crocodile 9th-August-2017";
(Last Wednesday I created this coin)
3. What does CrocodileCash bring to the table? PoW+PoS is not something innovative, as its been done several times.It might have been done many times though I applied the values to give everyone a chance at grabbing some CrocodileCash whether it be by mining, staking, giveaway or faucet.
The Static Proof of Stake rewards that decrease every week (estimated) while running alongside a considerable value for Proof of Work mining gives everyone incentive, e.g: Just say you bought some coins on an exchange because you can't mine or have outdated hardware that can't compete, you then deposit the coins to your wallet to stake while the static DPOS rewards are active and you are essentially mining for 4x the PoW block reward then 3x (2nd week), 2x (3rd week), equal value (4th week) with Static/DPOS rewards while miners are mining a strict value which eventually changes to a constant of 1 coin per block while Static DPOS rewards change to a yearly 12% Annual Interest which grants the coin a long life span with the total cap in place, the earlier you get into CrocodileCash the better is the incentive, I also plan on giving back to the Crypto Community with some Commemorative Physical Minted CrocodileCash Rounds/Proofs which will be self loadable with a hologram so people can choose to do as they wish with them.
4. Do you truly think keeping half of all CrocodileDash is fair and healthy for the community? Why?151,200 CROC to be exact, the rest is for giveaways and bounties, I think it is fair considering the above statement + there would be more than 43,200 CROC created per day from mining &
current staking reward since they work together.
I should also mention that I would like some incentive for keeping this coin active & providing things for it otherwise I personally think it would be a waste of time & resources for myself and community.
I've read too much about altcoins with runaway devs if something breaks or the majority that dump & leave once it is listed on an exchange or two,
I DO NOT intend to do that ! I know it's hard to believe somebody + put trust in them in this day and age since the scene is running rampant with the previous aforementioned.
Again I take note that I myself even said
"after all I don't want to make some crappy sounding coin even though it will be just another shitcoin" but I intend to be here along the way to support it & provided things for it so it can end up being a half-decent cryptocurrency
Oh & I forgot to mention CROC's Rule !