Author

Topic: Anyone interested in developing a newcoin that is fair to everyone? (Read 598 times)

legendary
Activity: 1176
Merit: 1011
Interested, but I don't see how it's possible (especially not without other major disadvantages).

Besides, is early adopter advantage actually a problem?

If yes: get into Bitcoin now, in the grand scheme of things and the enormous future potential that's still ahead of us, you are an early adopter.

In the not so distant future, we'll all be considered lucky to have gotten into Bitcoin way below €1000!
jr. member
Activity: 42
Merit: 7
Which means there's no early adoption advantages.

PM me if u r interested.

What kind of algorithm are you proposing?
sli
newbie
Activity: 7
Merit: 0
There should be a currency CPU's can mine on spare power.

Either exchange rates would be huge or they need to be hard to mine.

Not that those are issues by themselves, nor is that particularly new information. It's just a tradeoff.
newbie
Activity: 14
Merit: 0
There should be a currency CPU's can mine on spare power.

jr. member
Activity: 56
Merit: 1
Which means there's no early adoption advantages.

PM me if u r interested.

Why would anyone use this new cryptocurrency? The early adopter advantages were put in place to incentivize people to join the project. Even when Bitcoin traded for less than $1, miners still had to pay for electricity. AltruisticCoin won't be successful. 
newbie
Activity: 33
Merit: 0
hero member
Activity: 994
Merit: 507
Which means there's no early adoption advantages.

PM me if u r interested.
Not sure if possible. You could just have mass inflation. Then everyone loses over time. Why people would want that though? It's pretty much what fiat currencies are now.
newbie
Activity: 14
Merit: 0
 Sounds like a good idea, I would be interested in helping develop it.
newbie
Activity: 13
Merit: 0
newbie
Activity: 14
Merit: 0
How exactly would you do that? I mean, the people involved (say you and me) would have hash power ready for the get go. I don't have the knowledge or inclination to be part of the project, but dont see how the release of *any* crypto coin that needs to be mined, will not benefit early miners 100 fold later miners.
newbie
Activity: 15
Merit: 0
Which means there's no early adoption advantages.

PM me if u r interested.
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