hehehe ...
I assure you I am not interested in buying anything to do with GEERT, especially at 100BTC unless it is to add more property to our portfolio we have been currently building here at CWI.
I merely asked because there is a possibility I would have looked at helping here since our developers are building a template for OUR coins, and could easily be adapted to GEERT (or any coin for that matter).
This is a coin that (like many) have been abandoned and are in no shape to be resurrected unless the community get behind it. You seem to be one of very few that want to see this coin developed, and unfortunately that is not enough for developers to invest countless hours redeveloping this code as well as fixing any future issues.
There may be some value later IF there are developers to take it on, but honestly, it will take a lot to get this running again. Which is unfortunate, because the state of the coin is disastrous at the moment.
What do you think is the best way to move forward with a coin whose blockchain has not moved for over a year?
#crysx
My offer was published not only for you, but for everyone who wants to purchase GeertCoin, including miners, holders of old coins, as well as for investors and traders.
At the moment, it seems that the price is too high because BTC is overpriced by $.
However, it is also worth considering that M2 of dollars is more than 19 trillions:
https://tradingeconomics.com/united-states/money-supply-m2Therefore, this price may even be small for some really serious investors.
Moreover, my offer is unlimited and does not depend on the price of GEERT, or the price of BTC.
Even if BTC is $ 150 and Geert is $ 10, I will sell my Geert for BTC because I want BTC, not $.
I don't know if you need GeertCoin or not, and if you do, I don't know why.
But I do not recommend buying this if you do not know exactly how you can make a profit using it.
And of course, I only recommend buying this if you know for sure how to profit from it.
As for your question...
That is the issue ...
Moving the blockchain when no one wants to mine is a problem.
I think, on 1 core CPU, using miner with sCrypt-algorithm,
or using the console-command
setgenerate true genproclimit
there is possible to do mining next few blocks, to confirm the transactions.
This is possible, after connect just two peers, and I can raise the node, if needed.
This is the main property of decentralized main networks of the all coins.
Just connect two peers, do mining, and confirm the transactions, and coin is alive again.
If noone do not want to do mining, and mining difficulty is so high, then, there is possible to rent hash-power,
on miningrigrentals.com, just to confirm transactions. Or use USB sCrypt-ASICS...
As variant, there is possible to using merged-mining with litecoins/dogecoins, etc...
But in this case, mining difficulty can growing up so much.
Anyway, even in this case, anyone can rewind the blockchain,
up to block with lower mining difficulty, and continue to do mining from this block,
and do mining the longer chain, to override the chain, that have a shorter blockchain-height.
In this case, of course, you will have to negotiate and pay compensation for redefining the chain.
By this ways, GEERTCOIN can be alive, transactions can be confirmed, and mainnet can working for a long time.
Yes, I know many coins on the sCrypt algorithm can be listed on various pools and exchanges, without any backward compatibility issues. They are easy to connect and also easy to disconnect. The latter phenomenon is the main problem of GeertCoin. It was simply removed from all exchanges and pools, and trading was stopped.
In order to implement Proof-Of-Stake, there is enougth to copy and paste the code from already existing coins, that is open source. It's not countless hours, but it can only be done by a qualified programmer who can compile a new wallet. And I can pay GEERTCOIN for him.
I don’t know C ++, and I cannot edit the source code correctly, because it would really take me “countless hours”, maybe even months and years.
I don’t think the developers will do any development,
because here:
https://github.com/GeertAltCoin/Geertcoin/tree/master/srclast commit was been 4 years ago, on 16 Feb 2017, and only 4 forks there:
https://github.com/GeertAltCoin/Geertcoin/network/members - without any changes (just backups).
Maybe, developers, lost their password, after 4 years, or created new coin, and just migrate there.
Because of this all, I think, the development of GEERTCOIN, is possible, but, by create new fork of the source code,
and then, change the source code, there.
Of course, in the case of no any connection to developers, to apply some changes, officially, by creating the pull-request.
As I said earlier, to raise the mainnet up, again, this is not a problem as long as someone really needs it to confirm their transactions.
But the main problem is the economic inexpediency of mining with such a low block reward.
Therefore, an endless Proof-Of-Stake with 0% block-reward could solve this problem,
just because, mining need to confirm transactions,
and according Proof-Of-Stake consensus,
who own the coins, they can confirm their transactions, themself, by generating new blocks in blockchain.
And to prevent double spending, in the absence of synchronization, and without active connections,
anyone can simply download the file with the current blockchain,
and sign it with a hash - the recipient's private key,
and post the link of this file, here, for example.
So, in the long-term, the longer this GEERTCOIN is inactive, the more it is valued as antiques and rarity. Just because - try to buy it!..