I wanna design a new crypt coin, what features should be included in ? - page 3.

dolfcao

member

Activity: 98

Merit: 10

Quote from: milkman1 on April 27, 2013, 10:59:55 PM

Quote from: dolfcao on April 27, 2013, 10:41:43 PM

Do u guys have any advice, please give me some advice.

an author who writes 'you' instead of 'u'?

Grin

Not trying to be mean! But "who wrote it" is more important to me for trusting vs. what crazy new features you can think of. What are your qualifications?

I will change this.

BrewCrewFan

hero member

Activity: 672

Merit: 501

Quote from: bitcon on April 27, 2013, 11:23:31 PM

free gift givaways. you get a free bicycle if you solve a block. or free blow and strippers to whoever solves every 1000th block. you could call it "cuntcoin"

Dude, we gots a winner right here/ thread closed!

lol

pyra-proxy

hero member

Activity: 490

Merit: 500

Quote from: pyra-proxy on April 27, 2013, 11:05:29 PM

Why not try a different approach which accounts for adoption time to some extent and keeping mint rate very low.

I.e. 1.5 min blocks, reward starts at 1 coin per block and annually adds 1 additional coin to the block reward indefinitely. Also, create the coin merge-minable with other scrypt coins.

Hmm actually why not just try 1 coin per block indefinitely... 1 min block times. You'll get half mill coins every year and will give you some number of years to grow an economy around the coin. Will take a little less than 40 ish years to match btc supply but yours keeps growing to assist with liquidity.

You could add PoS as well like PPcoin but reduce the minimum time to say a week instead of a month as well. Make the PoS reward 0.1% instead of 1% as in PPC now.

Brunic

hero member

Activity: 632

Merit: 500

Change the Scrypt parameters to make it more memory intensive and destroy the cost/performance ratio of GPUs.

bitcon

legendary

Activity: 2212

Merit: 1008

free gift givaways. you get a free bicycle if you solve a block. or free blow and strippers to whoever solves every 1000th block. you could call it "cuntcoin"

pyra-proxy

hero member

Activity: 490

Merit: 500

Why not try a different approach which accounts for adoption time to some extent and keeping mint rate very low.

I.e. 1.5 min blocks, reward starts at 1 coin per block and annually adds 1 additional coin to the block reward indefinitely. Also, create the coin merge-minable with other scrypt coins.

milkman1

newbie

Activity: 13

Merit: 0

Quote from: dolfcao on April 27, 2013, 10:41:43 PM

Do u guys have any advice, please give me some advice.

an author who writes 'you' instead of 'u'?

Grin

Not trying to be mean! But "who wrote it" is more important to me for trusting vs. what crazy new features you can think of. What are your qualifications?

Explodicle

hero member

Activity: 950

Merit: 1001

Quote from: dolfcao on April 27, 2013, 10:41:43 PM

maybe transaction fees is 0

You need some transaction fee to prevent spam.

dolfcao

member

Activity: 98

Merit: 10

I wanna design a new crypt coin(based on or similar to btc or ltc), what features do u guys think should be included in this new coin?
Right now I think these little features should be included in the new coin:
1. no limit to the total amount of the coin, it's hard to generate as time goes by (similar to the real world);
2. transaction fees controlled to under 0.001% of total transaction, or maybe transaction fees is 0;
3. support borrow and lend coins (should pay transaction fees and interest fees);
4. at first, every block include no less than 1024 coins, every 10 years this goes half down, until after 50 years the coins in a block come to a stable number: 32.

I wanna implement the money liquidity and credit extensibility in this new coin like real money, and keep the good features that p2p bring to the coin.

Do you guys have any advice, please give me some advice.

Topic: I wanna design a new crypt coin, what features should be included in ? - page 3. (Read 3396 times)