Author

Topic: [ANN] First steps for a community coin (Read 259 times)

newbie
Activity: 33
Merit: 0
March 24, 2018, 10:34:33 PM
#14
what you are trying to do is tame a beast! the idea is grand and very positive but it is so damn hard to get viable results from the crowd found here!

I try to find out what are the most apreciated things in a coin and then i will try to involve the community in creating it. And i am sure that we all feel the need of a decent project, TRANSPARENT, FAIR and also that can provide UTILITY.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
March 24, 2018, 09:54:03 PM
#13
what you are trying to do is tame a beast! the idea is grand and very positive but it is so damn hard to get viable results from the crowd found here!
newbie
Activity: 33
Merit: 0
March 24, 2018, 09:49:11 PM
#12

Maybe the community will shoot some oppinions on implementing Komodo. I am curious how the ppl are receiving it.
And of course i guess we need more answers for the first 3 questions.
newbie
Activity: 140
Merit: 0
March 24, 2018, 09:25:31 PM
#11
PoS only 365%
newbie
Activity: 51
Merit: 0
March 24, 2018, 09:06:42 PM
#10
Any algo that's not ASIC friendly, or at best the algo that's CPU only. (YeScrypt)
PoW with Masternodes would be lovely.
newbie
Activity: 33
Merit: 0
March 24, 2018, 01:47:27 PM
#8
If we are going to have POW and a coin that would be mineable by the whole community, i guess we gotta stay away from the algos that can be mineable by ASICs (i.e Scrypt, SHA-256, X11, Skein, etc.).
What do you think?
legendary
Activity: 2212
Merit: 7064
March 24, 2018, 01:02:22 PM
#7
PoW + PoS hybrid (MN)
Algo Lyra2z (Zcoin use it)

low premine
newbie
Activity: 33
Merit: 0
March 24, 2018, 12:54:56 PM
#6
Reserved for mining pool.

Scrypt algo, POW with 365% POS, very low premine for coin development and listing fee should be fine.

I am not very found of premine for listing. Wouldn't be better to ask the community for the exchanges of their choice and then raise the funds from donations?
full member
Activity: 357
Merit: 100
March 24, 2018, 12:33:47 PM
#5
Reserved for mining pool.

Scrypt algo, POW with 365% POS, very low premine for coin development and listing fee should be fine.
sr. member
Activity: 476
Merit: 250
March 24, 2018, 12:33:14 PM
#4
xevan
jr. member
Activity: 61
Merit: 2
March 24, 2018, 12:27:21 PM
#3
POW/POS[MN]
x11
sr. member
Activity: 742
Merit: 251
March 24, 2018, 12:24:30 PM
#2
POS only
newbie
Activity: 33
Merit: 0
March 24, 2018, 12:11:57 PM
#1
Hello guys,

I am willing to start developing, alongside you guys, a community based coin.
So we gotta find answers to the following questions:

1. Consensus : POW only, POW/POS[MN], POW/POS[MN&Stacking], POS only
2. If POW, what algo would be best
3. Privacy coin or not?

When we find answers to these questions, we can draw a team that fits the coin needs and i will announce the open positions.

Thanks for your help and for your interest in building a decent community coin.
Jump to: