Pages:
Author

Topic: How can a new coin break-in and be a big success? - page 3. (Read 2963 times)

hero member
Activity: 854
Merit: 1001
ITGeniusGuru has obviously never heard of open source......don't fuck him too badly, crunchynut.
member
Activity: 98
Merit: 10
What if you made a coin that has no limit that it's simply infinity amount ?

what if the difficulty was longer due to it being infinity and makes something of value at the same time ?

What if there was a new format of a wallet that means anybody in the world can use it regardless of internet or APP?

What if a platform that is already existing that complies with day to day use for people to receive and send payment for goods?

What if a coin had a certain stability in price that +/- 10% jumps on value that was not controled so much by traders due to it being designed to be used as a day to day payment currency?

I am very interested in the answers to my qeustion




why do people think they can make a coin that's better than the original, using the originals work?

Because Bitcoin has limitations and disadvantages that hamper its worldwide acceptance as a payment tool:
Bitcoins Are Not Widely Accepted
Wallets Can Be Lost
Bitcoin Valuation Fluctuates
No Buyer Protection
Risk of Unknown Technical Flaws
Built in Deflation
No Physical Form
No Valuation Guarantee

I was a non-believer, until I paid for an item from a Chinese manufacturer with bitcoin online. No bank wire transfer, no exorbitant fees, and immediate transfer of payment. This can be the way all international trade can be done in the future. But only if the buyer can trust the seller will deliver, and not screw him over.

Perhaps, the biggest limitation I see is its limited supply that will end in 2140. What will happen when no more coins are minted and miners lose every incentive to keep mining? Transaction fees will not be enough to pay for expensive ASICs.

Is there room for improvement here?

Is there room for a new BETTER coin than Bitcoin?


sr. member
Activity: 364
Merit: 250
I think if you have to ask how to make one you won't be bringing anything to the table really. How are you going to develop it? How will you protect it from attack?
full member
Activity: 238
Merit: 100
in the source code on top of several files and in the about dialog of the qt wallet.

Does it mention the name of the coin (rapecoin)? and if yes, can I keep it but modify it slightly to say something like: "Built on rapecoin technology"?
If OK with you, give me the exact text of that copyright notice as it is now?

change it to whatever you want as long as it is clear what is meant.
member
Activity: 98
Merit: 10
What if you made a coin that has no limit that it's simply infinity amount ?

what if the difficulty was longer due to it being infinity and makes something of value at the same time ?

What if there was a new format of a wallet that means anybody in the world can use it regardless of internet or APP?

What if a platform that is already existing that complies with day to day use for people to receive and send payment for goods?

What if a coin had a certain stability in price that +/- 10% jumps on value that was not controled so much by traders due to it being designed to be used as a day to day payment currency?

I am very interested in the answers to my qeustion
sr. member
Activity: 264
Merit: 250
in the source code on top of several files and in the about dialog of the qt wallet.

Does it mention the name of the coin (rapecoin)? and if yes, can I keep it but modify it slightly to say something like: "Built on rapecoin technology"?
If OK with you, give me the exact text of that copyright notice as it is now?
full member
Activity: 238
Merit: 100
i can sell you the rapecoin source code. 2 btc if you promise to keep the copyright notice in case you're releasing your own coin.

Sent you PM.
Where does the copyright notice appear? Is it only in the code, or also in "About" in the wallet client? elsewhere?

in the source code on top of several files and in the about dialog of the qt wallet.
sr. member
Activity: 322
Merit: 250

Anyone knows, if the source code for an altcoin is available online? Maybe I can start with that and modify it to meet my needs?

Are you really asking for a source code ?
sr. member
Activity: 264
Merit: 250
i can sell you the rapecoin source code. 2 btc if you promise to keep the copyright notice in case you're releasing your own coin.

Sent you PM.
Where does the copyright notice appear? Is it only in the code, or also in "About" in the wallet client? elsewhere?
full member
Activity: 238
Merit: 100
with a coder next to you that can take care of the developing department

Turns-out: easier said than done. All potential developers I contacted thru this forum were more interested in discouraging me from creating my coin, than offering advice or some help.

Anyone knows, if the source code for an altcoin is available online? Maybe I can start with that and modify it to meet my needs?

i can sell you the rapecoin source code. 2 btc if you promise to keep the copyright notice in case you're releasing your own coin.
sr. member
Activity: 264
Merit: 250
Method 1: create your own algo, a totally new one; and/or adding a totally new function, such as darksend
Method 2: have a real business model to put your coins into real life usage.

Method 1: I was watching yesterday a youtube video: an interview with the creator of Litecoin (he now works for coinbase). Brilliant guy and I am nowhere near as bright as he is!! Grin
Method 2: I have some - what I think - are some good ideas.
For now, still stumbling on the technical (coding) aspect of it.
legendary
Activity: 2576
Merit: 1186
with a coder next to you that can take care of the developing department

Turns-out: easier said than done. All potential developers I contacted thru this forum were more interested in discouraging me from creating my coin, than offering advice or some help.
Because your "idea" is downright ridiculous and stupid.

Anyone knows, if the source code for an altcoin is available online? Maybe I can start with that and modify it to meet my needs?
Anyone with a clue wouldn't be asking this.
sr. member
Activity: 264
Merit: 250
with a coder next to you that can take care of the developing department

Turns-out: easier said than done. All potential developers I contacted thru this forum were more interested in discouraging me from creating my coin, than offering advice or some help.

Anyone knows, if the source code for an altcoin is available online? Maybe I can start with that and modify it to meet my needs?
member
Activity: 85
Merit: 10
I think there are two ways:

Method 1: create your own algo, a totally new one; and/or adding a totally new function, such as darksend

Method 2: have a real business model to put your coins into real life usage.
newbie
Activity: 25
Merit: 0
Looks to me like all you need is a nice looking logo and a relatively large community of sheeple.
full member
Activity: 140
Merit: 100
Just Do It!
by making all celebs , enterpreneurs , politicians to use that coin Tongue

This is it, with a coder next to you that can take care of the developing department, the community needs to be built around the network, you need to have some type of exposure that can lift you above network failure, if you can get a celeb or politician to use it then you would get alot of other user's that come with them.
sr. member
Activity: 284
Merit: 250
Giving away aesthetically pleasing coins to anyone
And so - like so many others - I am thinking of launching my own SHA-256 coin, and so I was doing some research and reading altcoin threads.
I see the field already very crowded. Anyone can now launch a new coin.
I considered coingen.io to get started, but saw that it has bad reviews and limitations.
- Is there a better automated way to create a coin?
- I would like to get your feedback on what constitutes a successful launch of a new coin and what is needed to create demand for it?
- Anyone out there with development/bitcoin experience who'd like to partner with me?



After much thought and purchasing of bitcoins which is basically a mathematical equation, I spoke to others and thought why not do it as a form of artistic expression since maths can help create art.

For us it is a good enough reason as any....
member
Activity: 84
Merit: 10
PM for journalist,typing,and data entry services.
Its got to have a couple things

1. Fair launch
2. Something different, something innovative, something useful
3. Community support
4. Active dev(s)
5. Time
sr. member
Activity: 264
Merit: 250
If you can't code I don't think you should make a coin.

Agreed... or get a developer/coder on my team.
That's also why I am not going to use coingen.
I believe a successful coin will need a team effort. Bitcoin itself took 2 years (2009 - 2011) and the work of developers from around the world, to get where it is now.
full member
Activity: 162
Merit: 100
I don't think a coingen coin can be a big success now. You need to add new innovation or find a group that could make the coin useful. If you own a business and could use the coins to purchase goods from that business, that could be one way.

I don't think you can just use an autocode service and put on a meme or unusual name and expect it to be a big success. If you can't code I don't think you should make a coin.
Pages:
Jump to: