Topic: Can you please rate my idea? (Read 248 times)

up plz

up

Is there any "dev forum" specialized in cryptos here or on another website?

I would be very glad if someone can develop this

Thanks,  by the way if there is any devloppers here that are interested in this project can you please send me a PM?

The idea is great and worth to try. Try to hire a team and develop it, run an ICO and you tell us why we choose your coin over another, because your coin cant be used as long term investment right ? its not change the value of coin im holding, even if its one day or a years, if i just want to save my money ill go to bank because the value is still same and i get interest from it.

Then is a bad idea, don take it personal but remember this words... Printing money doesn't fix the problem about money printed. That's why 1 dollar never will be more than 1oz gold.

I think each of us have a good idea for new coins, and thanks for share yours, but be careful when you post a great idea here, some one could take it and develop it before you.

By the way, Frozen coin is a great name, good luck with the project.   

Unfortunately, I think there is no other way to do that unless I delete the private keys of "control adress" that own the contract so I can't "print" coins.

After all, XRP can freeze user's funds and got a total control over all the tokens so I think all is a matter of trustness. (XRP IS just an example )

You'll find a lot of people will be skeptical of not being completely transparent about the supply. Every coin should have a fixed supply otherwise it could potentially be worthless by effectively "printing" off money.

Precisely,this "freeze" already exists.

That's the same for every coin -_-

So bascially, buy coins on exchange, wait for it to pump, sell, then buy again when it dips and you have more of the same.

UP PLZ

Yeah, the maximum supply will not be defined (like the MiniMe ERC20 token)

Thea idea of Frozen coin is great actualy but if you want to do that, thats mean the coin have no fixed suply ?

up please help

up

Hi all,

I recently got an idea that might interest some people. With the recent drop, we've all seen how volatile cryptocurrencies are. So I had the idea of creating an ERC20 token or a brand new cryptocurrency (I don't know wich one I should use, maybe you can help me also on that?) that will help crypto users to secure their funds.

This token would have two major functionalities:

• First, it will work like a regular POS token, so new tokens will be issued by minting blocks. These newly created coins will be spreaded through the network and you'll receive coins depending on how much coins you have currently in staking. Alongside, the block reward will not be fixed but will be very flexible for a reason that I will explain later.
• Then, you can also "freeze" not only tokens, but values on the blockchain. Here it get trickier. In fact, an user will be able to freeze an amount of coins. But this user (we'll call him Jack) is not going to freeze an AMOUNT of coins: he is going to freeze it's coins VALUE. The coins will get frozen for a number of blocks and Jack will pay more and more fees if he keeps his tokens frozen. When the network will reach the "unfreezing block", Jack is not going to receive the EXACT amount of coins he frozed: If the coin's value augmented, he'll receive less tokens and other tokens will be burned. But if coin's value dropped, Jack will receive more tokens.

A freezed token is not counted on the user's staking balance. In fact, this coin will let the right to choose between 2 options:
-If you let your tokens in your wallet you can stake but you take the risk that their value drop or rise.
-If you freeze them you can't stake and you won't make profit from coin's price rise.

But, with this system, I got a major problem: I need to be able to create and burn coins when I want in order to assure freezing system's stability. There are many options: do a gigantic premine ( ), control all the token emission like Ripple or use buned tokens.
This is also why block reward MUST be flexible: if the coin's price is getting to high, I'll just set an upper block reward in order to reduce coin price.

Thanks for reading me, I would be very glad  if you can tell me if my idea is good or not, and what I can improve (except my English, not my native language sry  )

Thaks again,
PoussRouj