Author

Topic: Desirable Specifications for New Altcoins (Read 292 times)

legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
October 13, 2016, 10:20:25 PM
#2
I'd like a high memory CPU coin, something that can't be mined on today's latest consumer GPUs, (not counting those high end ones that have 24 GB of GDDR5 RAM that cost $5000).

So you really need a CPU, and it doesn't have to be a Core i7, you just need lots of RAM, like 16 GB.

Then after a year it switches to PoS or PoSP.

Dunno about other variables, but I guess what works for smooth retargets, maybe 3 minute block times. Actually anything faster than 10 minutes should work fine.
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
October 13, 2016, 09:36:16 PM
#1
Hey guys.

What is it about new coins that pique your interest?

PoW or PoS?  A mix of both?

Disregarding a coin's algorithm hashing well on your new GPU/ASIC, what specifications in which you look for in a new altcoin; what keeps a network strong, rather than dying out in a week after the value drops to a satoshi or lower (due to premines, big miners dumping what they ninja'd, etc.)

Details such as block reward, time, retarget - what sort of crowd does a certain variable result in attracting?

Sorry if these questions are vague...I'm just curious what the community is attracted to & repulsed by (I see a lot of, 'scrypt clone? pass').

Thanks for any and all input!
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