I started it in Newbies section because at the time AFAIK, it was the only area I had permission to post. I think it should stay in the Newbies section because I am doing a market survey, as well as discussing the ideas. The experts are finding their way into this thread, it is good to have a mix of discussion with experts and newbies. If you are going to move this thread, then you must move the thread on Bytecoin launch and numerous others, such as those comparing Litecoin, etc.. Unless there is some highly technical topic, I think you should respect the desires of the person who started the thread and which audience they wish to target.
As for the name, I registered
DURACASH too. This type of conjunction of partial words is called a
portmanteau.
If the Russians are the only ones who get a bad connotation from the english fragments, I think we can sacrifice them. They can learn. Considering they just got their butts handed to them in Cyprus, they will need to become smarter. I read on Thaivisa, that they cause a lot of commotion and problems in Thailand with scams and travel businesses they set up (don't know if this is true or if all nationalities are causing equivalent problems). Or let them stay with Bitcoin, we need multiple P2P currencies. Someone with a 150 - 170 IQ who I created the term "open source", wrote The Cathedral and the Bazaar (which launched all these open source movement), and who I respect very much, has written the following about the Russians yesterday:
http://esr.ibiblio.org/?p=4867&cpage=1#comment-397459>The result was a strengthened state each time. The same in Germany. And Russia, for that matter.
And how well did that work out for them, eh? Both regimes are dead. Germany got levelled and then mass-raped by the Soviet army, Russia has slid from superpower to a demographically-collapsing Third-World pesthole with the world’s highest rate of alcohol poisoning.
DURACASH is sufficiently different than Bitcoin, and the units would be duracoins. I definitely have been searching for a name that is sufficiently different than Bitcoin. I thought of DOTCOIN, but everybody hated that. My daughter likes DIGICOIN, but that is not available. If anyone can donate a better name, I suppose we can offer then coins in exchange and they can have the excitement of the appreciation of value.
I thought of other names trying to say the coin lives in the internet such as cosmocoin and ethercoin (or cash versions). Does anyone prefer these or prefer a meaning of privacy instead of durable, e.g. stealthcoin (but that is negative)?
The intended meaning is durable, meaning that it can't go "poof" as the money did in Cyprus and MF Global and also AFAIR in Spain's Bankia bailout where they gave deposits receipts for some paper instrument that was subsequently devalued. Durable not only because it can't go "poof", but also because the cartel can't monopolize it because everybody can mine on their regular PC, and because the anonymity will be much stronger than Bitcoin.
Btw, BITGOLD is not plagarism, it adds value to BITCOIN and causes more people to use BITCOIN. Anything "BIT" is going to end up sending traffic to BITCOIN.
The general public has no idea what "BIT" means. My daughter is very smart and she knew what a "BYTE" is but she didn't realize there are 8 bits in a byte. And most of the general public is even less aware. Bit has numerous meanings in english. In for example Finland, they invented a word in the 1980s Bitto or something like that, which has the specific meaning, so Bitcoin works for them.
The best name in the america would something like Cybercoin or Digicoin. Bitcoin is flying over their heads. But they learn fast. People can learn fast when they are motivated.
The most important factor is to choose a name that is brandable. Meaning it doesn't have a zillion permutations just like it. And which has a meaning that can make sense. Durable seems to be a very positive quality for money. I envision a logo that is a combination lock. And there is nothing else similar to that name that also means the same. STURDYCOIN or STRONGCOIN don't have the same short brandable quality.
Questions / comments?