I will create a forked bitcoin chain - page 5.

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legendary

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Quote from: wingding on April 20, 2013, 11:07:32 AM

I will create a forked chain of bitcoin to accomdate for broad adaptation.

The only major change from the old chain is:

Reward of 200 BTC per block for each new block - (never changed)

The chain will produce 10.5 million coins/year (which is far from enough to cause inflation)
The clients (incl source) running the new fork will be made available well ahead of the fork
All bitcoins created before the fork will by nature be contained in the new chain

Count me in. Any deadlines set?

wingding

hero member

Activity: 770

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Quote from: FTWbitcoinFTW on April 20, 2013, 11:13:06 AM

Quote from: btcmind on April 20, 2013, 11:10:02 AM

what problem does that solve?

Not be a early adopter !

Genius !

If bitcoin is to become a true alternative currency, the amount of users will grow exponentially over next few years. It will not be possible to realize this when 'all' coins already are held by early adapters. Early adapters will anyway become rich if the new chain is successful.

FTWbitcoinFTW

sr. member

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Quote from: btcmind on April 20, 2013, 11:10:02 AM

what problem does that solve?

Not be a early adopter !

Genius !

btcmind

member

Activity: 98

Merit: 10

what problem does that solve?

wingding

hero member

Activity: 770

Merit: 504

I will create a forked chain of bitcoin to accomdate for broad adaptation.

The only major change from the old chain is:

Reward of 200 BTC per block for each new block - (never changed)

The chain will produce 10.5 million coins/year (which is far from enough to cause inflation)
The clients (incl source) running the new fork will be made available well ahead of the fork
All bitcoins created before the fork will by nature be contained in the new chain

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