Yeti
My name is Don and I'm a student. I have chosen to launch a new Crypto as part of my class project. It will go by the name
Yeti and will be a real fully functioning Crypto. I need your help, before I can submit my final pre-launch draft to my teacher. I have some ideas in mind but would like some feed back from you all. What would you like to see in this coin? what algo? (x11, Cryptonight..) what basecode? (BTC, cryptonote..) Please take this seriously, I'm a hard worker and plan to work hard on this.
oh could someone please repost my simple pre-launch logo, I'm new and it won't post. Thanx
May as well make this a community coin. Take a small pre-mine and use it for bounties such as a block explorer, which you will need to get onto an exchange. If you make it PoW then you'll attract miners and have some value in the coin as opposed to a PoS coin where you would likely distribute it freely and it would be worthless without future development.
Algo is important, if you can come up with your own custom algo you can launch the coin as wallet mining only. Then allow the community to build miners, pools, etc. Using the pre-mine is another way to get this part done or speed it along.
For codebase I would definitely choose bitcoin since all the infrastructure to support it is in place. Cryptonote not so much.
HODL looks like it's worth looking in to. I have followed DigitalNote for some time now but wasn't aware of HODL.
HODL is a nice coin but the algo is compromised. There is a private GPU miner mining most of the rewards so an algo change is required if you fork this coin. You know an alternative to making a new algo is using one that is readily available to buy hashrate for. Like scrypt, x11 or sha256.