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Topic: [ANN] TradeCoin (TDC) | Launched - page 7. (Read 16321 times)

sr. member
Activity: 462
Merit: 250
PXC Research Team
June 26, 2013, 10:06:13 AM
#70
Wallet out of sync and not syncing at all.
full member
Activity: 176
Merit: 100
June 26, 2013, 10:04:29 AM
#69
80,000,000 for giveaways (80,000x1000)

If it takes you 15 seconds to do one transaction, 80,000 transactions will take you almost 14 days continuously Shocked

I never said it would be fast Wink. Also, I have been thinking about bumping up the giveaway amount

yeah, maybe the first person in the thread gets 100,000, the next one 99,000, etc  Tongue
sr. member
Activity: 462
Merit: 250
PXC Research Team
June 26, 2013, 10:04:09 AM
#68
80,000,000 for giveaways (80,000x1000)

If it takes you 15 seconds to do one transaction, 80,000 transactions will take you almost 14 days continuously Shocked

I never said it would be fast Wink. Also, I have been thinking about bumping up the giveaway amount

Start the bump with me Grin

GU8SyfmwAunbg1jDgFmLwdCpry3dRfAmxR
full member
Activity: 168
Merit: 100
Want some pi with that?
June 26, 2013, 10:03:13 AM
#67
80,000,000 for giveaways (80,000x1000)

If it takes you 15 seconds to do one transaction, 80,000 transactions will take you almost 14 days continuously Shocked

I never said it would be fast Wink. Also, I have been thinking about bumping up the giveaway amount
sr. member
Activity: 462
Merit: 250
PXC Research Team
June 26, 2013, 10:02:05 AM
#66
GU8SyfmwAunbg1jDgFmLwdCpry3dRfAmxR

Send me bonus to accept this  Grin
full member
Activity: 176
Merit: 100
June 26, 2013, 10:00:46 AM
#65
80,000,000 for giveaways (80,000x1000)

If it takes you 15 seconds to do one transaction, 80,000 transactions will take you almost 14 days continuously Shocked
full member
Activity: 168
Merit: 100
Want some pi with that?
June 26, 2013, 09:52:30 AM
#64
all sent
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
June 26, 2013, 09:46:22 AM
#63
This is the dumbest coin release yet..... Seriously GTFOH
hero member
Activity: 616
Merit: 500
June 26, 2013, 09:41:49 AM
#62
GZugQscFvTjAVhyQaWfxi316MTdaQq8N5y

Send coins to start checking......
hero member
Activity: 616
Merit: 500
June 26, 2013, 09:40:25 AM
#61
Please send my 80,000 TDCs.....

GJuxiqE5h85PS1B1xg8s158krVWToYwbma
full member
Activity: 168
Merit: 100
Want some pi with that?
June 26, 2013, 09:39:43 AM
#60
Sorry, slept through my alarm. This coin is now officially released and the wallet download link and the source code from github can be found in the OP

Ok, start the giveaway  Grin (bonus for being first?)

GQCu7dECXnkDWXaLUmbRSFxm82EQoYSqhS

Sure, you get a bonus of an extra 1000. One moment and I will send 2000 TDCs to you
full member
Activity: 176
Merit: 100
June 26, 2013, 09:37:43 AM
#59
Sorry, slept through my alarm. This coin is now officially released and the wallet download link and the source code from github can be found in the OP

Ok, start the giveaway  Grin (bonus for being first?)

GQCu7dECXnkDWXaLUmbRSFxm82EQoYSqhS
full member
Activity: 168
Merit: 100
Want some pi with that?
June 26, 2013, 09:30:21 AM
#58
Sorry, slept through my alarm. This coin is now officially released and the wallet download link and the source code from github can be found in the OP
hero member
Activity: 714
Merit: 500
June 26, 2013, 05:02:50 AM
#57
Quote
Could you explain why you find it so "stupid" ?

1. it is centralized.  one central "bank" of coins if you will will control how they are distributed.
2. no miners, no network, no transactions are processed except for the developer who is the same as the "bank" more centralization
3.  centralization means easier for governments to shut it down, regulate it because there is a country of origin.

Quote
Also, this is kind of similar to the way ripple are dispatch, isn't it ?

correct and I believe that ripple flies in the face of what cryptocurrencies are meant to be.
sr. member
Activity: 462
Merit: 250
PXC Research Team
June 26, 2013, 05:00:13 AM
#56
This coin would work only if it really was Bitcoin or Litecoin after the miners reward had reduced to 0 but with these two coins, I would hope, there would be such massive amounts of transactions going on with them that the total miner fee's in each block would be a sizeable miners reward and so keeping the global hashrate high.

With this coin, there will be little to no miner fee's in the block reward due to small amounts of transactions, most users having only 1000 coins in a giveaway and then the OP with 11 million coins.

I cannot imagine a coin taking off when right from the start you have and hold so many coins, that is a massive leap of faith for miners and traders.

I have an idea, when released why don't you start up a P2Pool and every miner can join that and then you can "donate" a massive chunk of that premine to the miners, say, 7 times, once everyday for a week as a lucky gift and leave yourself with 100,000 or something more realistic than 11 million.

This would get the hashrate up, as the miners will be waiting for a payout, there will be more coin out there to be traded with and create transaction fee's.

Also changing the client so it is stuck or forced to send a transaction fee is a must with this release.

Really good points to be taken in consideration.
hero member
Activity: 924
Merit: 1005
Product Marketing & Promotion / Software Developer
June 26, 2013, 04:56:59 AM
#55
This coin would work only if it really was Bitcoin or Litecoin after the miners reward had reduced to 0 but with these two coins, I would hope, there would be such massive amounts of transactions going on with them that the total miner fee's in each block would be a sizeable miners reward and so keeping the global hashrate high.

With this coin, there will be little to no miner fee's in the block reward due to small amounts of transactions, most users having only 1000 coins in a giveaway and then the OP with 11 million coins.

I cannot imagine a coin taking off when right from the start you have and hold so many coins, that is a massive leap of faith for miners and traders.

I have an idea, when released why don't you start up a P2Pool and every miner can join that and then you can "donate" a massive chunk of that premine to the miners, say, 7 times, once everyday for a week as a lucky gift and leave yourself with 100,000 or something more realistic than 11 million.

This would get the hashrate up, as the miners will be waiting for a payout, there will be more coin out there to be traded with and create transaction fee's.

Also changing the client so it is stuck or forced to send a transaction fee is a must with this release.
sr. member
Activity: 462
Merit: 250
PXC Research Team
June 26, 2013, 04:25:21 AM
#54
I may have to push the release back a couple of days in order to incorporate proof of stake to gays against 51% attacks.

...wait, what?

Well noticed
full member
Activity: 168
Merit: 100
Captain Jack Fenderson
June 26, 2013, 01:58:27 AM
#53
I may have to push the release back a couple of days in order to incorporate proof of stake to gays against 51% attacks.

...wait, what?
full member
Activity: 126
Merit: 100
June 26, 2013, 12:28:27 AM
#52
wow this is the stupidest coin idea to date.  When I read the OP I thought it was a joke.  But now I realize you are being serious with this idea.

Could you explain why you find it so "stupid" ?
Granted it moves to a specially tuned PoS, and some other points are also better tuned, it actually is a nice experiment ...

In PoW only coins (bitcoin, litecoin, etc.), we are essentially wasting increasing amount of energy and money to buy more and more tickets and hoping to win the worlwide (block) lottery.

In PoW+PoS coins (PPC, NVC, etc.), the PoW is used to dispatch an initial amount of coins. This distribution should be as fair as possible. Then PoW is gradually shut down and PoS keeps the network alive.

This proposition is basically to skip the initial PoW dispatching and use instead a manual dispatch ... A little time consuming, but not really less fair than mining anyway, and much more energy efficient.
Of course, having the people trust the manual dispatch process may be tricky ^^

Also, this is kind of similar to the way ripple are dispatch, isn't it ?

PS:
In this spirit, even giving the coins to facebook accounts created before the coin announce kind of would do !
hero member
Activity: 518
Merit: 500
Bitrated user: ahmedbodi.
June 25, 2013, 05:14:41 PM
#51
PM me when its released so i dont forget, ill have a lotto and faucet up and ready for you
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