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Topic: [ANN] HazardCoin, a unique scrypt based coin based on time - page 3. (Read 4993 times)

full member
Activity: 193
Merit: 100
Total number of this coin will be ... ?
full member
Activity: 151
Merit: 100
What is the function for the decreased payout, most importantly for anything below the target time of 5 minutes?
newbie
Activity: 55
Merit: 0
I like the concept, I like the announcement and that you give it some time to launch. I say to all the naysayers: if you're not interested, then don't clog and bump up the thread each time you post nonsense.

Keep up the good work Hazard, I'm a believer.

Name idea: TimeCoin
newbie
Activity: 56
Merit: 0
Well, here's my thoughts. People, myself included, have started arguing a lot about deflationary vs inflationary coins, aka hard cap with set block reward drop at given intervals vs not dropping the reward or possibly increasing it. There's a whiny little tiff amongst us about which would be most successful both long and short term.

Obviously, all you need to release a new coin is code and a genesis block, so.

Who wants to do a socioeconomic experiment? Cheesy
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
newbie
Activity: 42
Merit: 0
How many total coins and over what period of time, since this will affect what the block rewards are.
legendary
Activity: 1148
Merit: 1000
I like the idea, put some thought into it, anounce it a week early and your coin may be a player
sr. member
Activity: 294
Merit: 250
member
Activity: 112
Merit: 10
legendary
Activity: 980
Merit: 1000
So... just how big is the reward for the first block? .. the number of seconds since Jan 1 1970? :>
Block reward for the first 5 blocks (including the genesis block) will be set to zero.
member
Activity: 84
Merit: 10
full member
Activity: 163
Merit: 100
Bad name. Peaple want saftey in their currency. Please don't name it this.

I'll just be over here thinking of Daisy Duke ... heck, 'Duke Coin' or 'Daisy Coin' would be better ..
newbie
Activity: 56
Merit: 0
Timecoin, do it.
member
Activity: 87
Merit: 10
I personally like the name Hazardcoin... sort of a sick irony behind it.
full member
Activity: 163
Merit: 100
Preliminary HazardCoin features (name is a placeholder and will be changed before the final release):

Retarget every 6 hours
5 minute block target time

^ Both largely irrelevant because... Block reward will be based on the amount of time passed since last block found. This unique mechanism will set it apart from all other altcoins, and also accomplishes the following:


So... just how big is the reward for the first block? .. the number of seconds since Jan 1 1970? :>
member
Activity: 102
Merit: 10
Bad name. Peaple want saftey in their currency. Please don't name it this.
full member
Activity: 224
Merit: 100
Oh dear sweet moses. Let this be a joke. . .
legendary
Activity: 882
Merit: 1000
put me on dev team, i am sure i can contribute something totally useless to this project.
sr. member
Activity: 294
Merit: 250
Don't call it hazard coins please. xP

Rename it to HackShardCoin. whatchall think?
newbie
Activity: 42
Merit: 0
Don't call it hazard coins please. xP
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