Author

Topic: I propose yet another new coin: Coinmunism! (Read 887 times)

hero member
Activity: 784
Merit: 500
April 28, 2013, 05:24:52 AM
#9
I was thinking in something similar, some coin you just can give an equal fraction to any human.

The problem is that you will need a method to identify humans which is not very cool Sad
legendary
Activity: 1106
Merit: 1000
Haha. Nice joke  Grin
legendary
Activity: 2072
Merit: 1001
i really wanted to see satancoin with a block reward of 666 and it would be used for nefarious purposes like gambling and drugs.
hero member
Activity: 683
Merit: 500
I'll mine my commies with a bunch of old smartphones, tell me when this coin gets released, now the used phones are still cheap.  Cheesy
newbie
Activity: 42
Merit: 0
Lol, some people will only throw half power at the pool.
newbie
Activity: 31
Merit: 0
We need to make it so there is a minimum moving target that one must have in order to receive any coins at all. 

This will be calculated based off of the distribution of miners and overall networking hashing power and approval by a central authority, call it a centralized difficulty if you will.  If you do not have the minimum mining ability then you will receive 0 Commies.
member
Activity: 84
Merit: 10
where can i sign up?
member
Activity: 70
Merit: 10
I see one problem. It's a piece of cake for a coinmunist to feel under threat, if this threat has low chance of really happening. But I think that sooner or later a real threat (something like DDOS) would strike. And then Coinmunism would collapse, and the fun would end. Sad
newbie
Activity: 42
Merit: 0
In this new coin, everyone connects to one giant pool.

You must throw all your CPU power at the pool, and no matter how much power you throw at it, everyone gets the same number of Coins.

If you skip to another pool, the pool operator blows up you computer.

... any takers?

Also, it will be cold, and your pool will feel constantly under threat.
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