Yes, It is because this brings confusion so re-use a dead ticker is not a option valid neither and not being approved is valid, So think on
Bitc0in,Litec0in,NameC0in,M0ner0,Etc even considering that they could be alive forever the names dont could be used in a new project, The context is general to crypto, It could apply to exchanges too, It will be not a good idea to name a new exchange MTG0X (is a zero), Is like say that somebody can launch Faceb00k,G00gle Or launch a S.O called D0s or Wind0ws 3.1. Some Devs choose to make small changes adding a letter or so which is not valid neither.
Please do not hijack this thread into an irrelevant discussion about naming coins, products or trademark related issues.
The dead coin mentioned was called CoCoCoin (no zeroes) and the purpose of the coin was generic. The thread for that can has not seen any activity in almost a year and it does not appear to be trading on any exchange.
For clarification purposes:
The name of the coin in this thread is c0fferC0in (with zeroes).
The ticker symbol for c0fferC0in is c0c0 (with zeroes).
c0fferC0in is a coin to be used with gemstones.
One of the best things about cryptocurrency and the emerging digital economy is the consensus-based nature of the existence of a currency. Creation and usage of a coin is not based on "approval" by any one entity, it is based on acceptance by a community of users who agree with the purpose of the coin. This thread is here to offer information about c0fferC0in.
Please let me say something else You say that: Creation and usage of a coin is not based on "approval" by any one entity, Thats right, But take in mind the next: No alls the coins are accepted on the sames exchanges each one have his own rules so its is based on "approval" of its, A coin without exchange is not useful, So the "approval" is neccesary.
The reason for doing this observation on your thread is not the product of a whim but due more to a necessary process that is required of standardization,all this kind of things , I seek not delve more into this type of sake of discussion here but you still have the option to change the ticker.
thank God you're here to represent the voice of reason and logic and save us from going down the slippery path of having tickers that are just too similar to another (but dead) shitcoin.