Topic: FREEDOM! Bitcoin is dead in the water...DeVs Wanted (Read 1069 times)

Thank you for your thoughtful question.

A crypto currency, by definition will cannibalize fiat money. All crypyo's do that, whether by design or by happenstance.

NetNote does it though in a different way. Because it is the worlds first consensus based store of incrementing value, it cares not about the dollars current dips or peaks. Whatever the current second by second value of the Netnote is "relevant" to its starting point, is what someone will pay for it in USD, GBP or CHF or Yuan...We are grouping fiat money into a bag and setting it aside.

Lets say Netnote started its first incremental tick at equal to $1 US dollar. In exactly 12 months it will be worth $1.50Nn RELATIVE to its starting value, much like a bitcoin had its first starting hash.

If at that 12 month mark, someone wants to buy it, they will pay $1.50 USD irrespective of the dollars actual worth...shit the bombs could drop and the sky could fall, but thats what a netnote will cost. The fiat exchange rate can be used to establish what a USD is worth in Yuan, GBP or AUD that doesn't matter.

It is IRRELEVANT that the Nn is using the USD as a seed currency for conversion purposes, what matters is what your Netnote is worth in 20 years. And has it been adopted as the world currency.  When there is no more currency to exchange, netnote exists on its own worth, by consensus.

Let me reveal one feature function regarding consensus.

Currently miners are required to buy special asci equipment to compete with larger companys to find diminishing bitcoins.

These machines are required to solve mathematical puzzles to provide proof of work before being allowed to play their chance to see if they found a coin.

I say NONSENSE!!

Instead, an algorithm will manage all registered machines that can witness or "notarize" a transaction...a stamp...and for that they are credited with a flat 1% payment of the value of the transaction, paid by the buyer.

The algorithm will allocate all registered notaries (miners) equally, so there is no need to form a large corporation to dominate the 3rd party witnessing business, because you wont get more than anyone else. No special equipment required, because there is no puzzle contest to win.

Simple, easy, straight forward.

And my apologies for revealing my relationship with Satoshi. Insanely controversial and unproductive. I may as well have said, "I know what Satoshi thinks of the current state of Bitcoin" and it would have still been outrageous. I understand.

Bitcoin will eventually fail through no fault of anybody. We need a new and better store of value that is not just script derived from bitcoin, litecoin or forks of other alt coins. Which are all the same.

We need this new coin before bitcoin finally becomes too top heavy and topples like a sand castle. This wont happen for years, but it WILL happen.

Lets build a coin completely alien to the current fiat monetary system.

Now, who here is familiar with the cplusplus standard library (doesnt rely on c++ Visual Studio oop to code in c++) And has say 100 free hours in the next 3 months

I have a non technical white paper ready that lays out my vision with specifics

Somebody gave me the Tezos white paper to read, it looks like a part solution.

And thank you to the few who pm'd me.

To build a 1000 year coin, you cant just fork an existing script. You can take the blockchain, but a ledger solution still has not been arrived at.

If you had a share, that was derived not by manipulated market forces, but by full consensus, where it will never crash and always rise by 50% annually, how much of it would you buy?

$1000 will be by decree worth $32,000 in 10 years of holding the currency.In 40 years, by the time mom and pop are ready to retire, that little $1000 dollar flutter is worth 42 million.

An Incorruptible, fully agreed upon place where the world can freely store value without it getting raped by government and big business. Pension plans will be tripping over themselves to store their 30 billion dollar port folios into something safe like NetNotes.

You guys need to see the big picture. Bitcoin will inevitably fail because of the ledger size, that is guaranteed. Everyone knows or should know that. Bitcoin is a fantastic idea.

This is exactly where I should be, in Bitcoin talk forum, because this is ground zero for netnotes, which incidentally, the net will also easily exist for another thousand years, inconceivable that it wont.

Just one good visionary is all I need. The right person or people will read this and we are off like a juggernaut.

have you look at tezos?

democracy in the protocol might help with decentralization

It's both but I am intrigue and want to see what he has to offer,he seems confident that he has a good and a better one to offer,but he should just show it to us and not posting like this,let the one who reads and those who knows judge his works if it is indeed better the others.

   Each one has the freedom to give its opinion, So OP has the same right . But baffling that he is on the progress to create a new coin, and at the same time says that all existing coins in the event of death!  It's really something very strange.

So is this thread a joke or a troll?

The dev offer nothing here he just emphasize that he knows Satoshi Nakamoto and criticize his work ,he think he is better than all the dev's here,why not post your project and see how good it is compare to the other coins or to bitcoin that you are criticizing..

You know Satoshi Nakamoto? Cool.

Although, I just noticed that within your whole post (post #1) you didn't mention anything new to the table. What you stated already exists and why would we need NetNotes again? A simple pump and dump will kill that coin and the dev will run away because he will get sad that people aren't taking his coin seriously.

See, if NetNotes brought something new to the table then NetNotes would have replies from Bitcointalk with more weight to it and those replies will help build the coin even faster.

All crypto is centralized and it has to be at this point in time.

How else would you turn BTC into fiat? We still use fiat for everything so we have to play by the fiat rules. Which are centralized control.

So.. what's your solution for a decentralized exchange? Its not possble. Only trading tokens within that decentralized exchange is possible.

Bitshares tried to solve this with BitUSD but no one was interested.

I think you just hallucinating to pose as satoshi Nakamoto, now a lot of people who recognize themselves as satoshi Nakamoto but it was all just a way to scare that holds a lot of BTC. for they are selling, and it looks like you put a very old trick to it lol.

if you know satoshi nakatomo
who is him, where from satoshi nakatomo, all people can write and say statement, known satoshi nakatomo, and can diclare iam satoshi nakatomo
because satoshi nakatomo still anonymous, not only one people know him

Don't shout it out to loud you might a lot of red tag for insulting Satoshi Nakamoto's works,don't fly to high or you will fall very hard,just roll your coin and plan and do it or go out here,this is bitcoin forum you don't deserve to be here

5) DECENTRALIZED
3453.6) SHELLED TRUNCATED BLOCKCHAIN
2.5) SELF DETERMINED INCREMENTED VALUE
14) INCORPORATED VALUE EXCHANGE CAPABILITIES
0.001) DIVORCED OF ALL CENTRALIZED ENTITIES

--TRULY PORTABLE AND FREE MOVEMENT!!!

In short...the only way to make a business with NetNotes is to invest in it or use it.

Miners are NOT miners, they are 3rd Party Notary's...this nonsense about forcing proof of work or solving a puzzle is hilarious!!!!!!!!!!!!!!!!!!!!!!!!

Satoshi created that on the back foot as a silly idea...ITS NOT RELEVANT!!!

A currency without market forces pulling on it is a divine and eternal currency.

A currency ebbing forward and agreed upon by all participants is nebulous to evil intention and free and unfettered of envious spite, grudge or resentment. Greed cannot touch it because there is no false reward, but only consensus reward. It is simply ...natural.

A thousand year coin is rare. A thousand year coin will only survive for two reasons...

!) Like any currency, the masses will believe

and

@) There's a benefit.

A 50% incline annually will be the benefit and the belief.

But what do you believe? What is your inner currency?

I could build this myself, but wheres the viral in that...WE NEED HUNDREDS...THOUSANDS OF PEOPLE involved in NetNotes Beta....we need Bitcoin 2.0 WITH FULL ROAR

This is Critical. We need to get Crypto Currency right.

Dionix to ALL!!!

OUR struggle begins.

It is very confusing what exactly you want to say or you wan to do? can you please make it more simple? you are blaming bitcoin, blaming ethereum and everything and saying your currency will last for 100 Years. what is the guarantee of it? and your coin is not even built yet. first make your coin and than start trolling.

これは重要

Ignore this plea at your peril. DEV's EAGLES, LIONS and BEARS...team up.

My struggle has just begun.

Dion WORLD!!!