list of bitcoin-like proposed currencies and chains

jtimon

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Quote from: ripper234 on December 01, 2012, 08:15:10 AM

Any significant or semi-significant coin can be included in the wiki, why not.
(Assuming it's at least at beta level)

Freicoin represents a significant economic improvement over bitcoin in my opinion. And as said is almost complete. maaku has even coded a pool for it and we're launching this year.
Thank you, I'll find the time to write something.

ripper234

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Ron Gross

Quote from: jtimon on December 01, 2012, 08:07:55 AM

Quote from: ripper234 on November 30, 2012, 11:36:18 PM

Resurrecting thread to ask people to add any living alt coins to the wiki.

I was updating the thread for some time, but I'm not doing it anymore. Most of it are obsolete proposals.

Freicoin is in beta4 and to be launched before the end of the year. Should I include it in the wiki?
If you want to do it, this is the main page: http://freico.in/
Here the forum: http://www.freicoin.org/
code: https://github.com/freicoin/freicoin

Any significant or semi-significant coin can be included in the wiki, why not.
(Assuming it's at least at beta level)

jtimon

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Quote from: ripper234 on November 30, 2012, 11:36:18 PM

Resurrecting thread to ask people to add any living alt coins to the wiki.

I was updating the thread for some time, but I'm not doing it anymore. Most of it are obsolete proposals.

Freicoin is in beta4 and to be launched before the end of the year. Should I include it in the wiki?
If you want to do it, this is the main page: http://freico.in/
Here the forum: http://www.freicoin.org/
code: https://github.com/freicoin/freicoin

ripper234

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Ron Gross

Resurrecting thread to ask people to add any living alt coins to the wiki.

jtimon

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Quote from: marcus_of_augustus on August 27, 2011, 09:34:09 PM

SolidCoin is kicking some ass .... 1 TeraHash/sec

http://solidcoin.kicks-ass.org/graphs/graphs.html

... miners seem to like the 12 hour difficulty adjustment algorithm.

Please, let's sumarize the currency si that I can add it to the list. I've heard that it really has some improvements. But I don't think that reducing the time beteween blocks it's a goood thing. Please, explain. Why do you think it is kicking asses?

marcus_of_augustus

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Eadem mutata resurgo

SolidCoin is kicking some ass .... 1 TeraHash/sec

http://solidcoin.kicks-ass.org/graphs/graphs.html

... miners seem to like the 12 hour difficulty adjustment algorithm.

jtimon

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Quote from: Boussac on August 21, 2011, 05:30:46 PM

Quote from: johnyj on August 15, 2011, 03:00:51 PM

I don't know much about freicoin, but I don't really believe fixed monetary base because that will limit the economy expansion, and deflation tendency will encourage hoarding of the currency.

My understanding of bitcoin is that it is more than a currency: it is also a transaction processing network.
When one buys bitcoins, one is also buying shares in this new network (take a look at the the market cap of transaction network companies).
People can hold the shares and trade them: hoarding is not a problem as long as there is liquidity.
Bitcoins can be used as a meta-currency to process transactions in any currency.
Deflation is a problem for fiat money not for shares in a small cap !

Deflation could be a problem if bitcoins become widely used.
Imagine if a country like panama or zimbawe (that don't have their own currency) start to use bitcoin as their favorite currency (instead of the USD). Deflation could be devastating for them.
But sure deflation is far more dangerous with (supra) national currencies that are monopolies.

Boussac

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e-ducat.fr

Quote from: johnyj on August 15, 2011, 03:00:51 PM

I don't know much about freicoin, but I don't really believe fixed monetary base because that will limit the economy expansion, and deflation tendency will encourage hoarding of the currency.

My understanding of bitcoin is that it is more than a currency: it is also a transaction processing network.
When one buys bitcoins, one is also buying shares in this new network (take a look at the the market cap of transaction network companies).
People can hold the shares and trade them: hoarding is not a problem as long as there is liquidity.
Bitcoins can be used as a meta-currency to process transactions in any currency.
Deflation is a problem for fiat money not for shares in a small cap !

jtimon

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Quote from: johnyj on August 15, 2011, 03:00:51 PM

Quote from: jtimon on August 15, 2011, 11:14:41 AM

Don't you prefer freicoin over expocoin?
It also reduces interest rates and takes care of lost wallets.

I don't know much about freicoin, but I don't really believe fixed monetary base because that will limit the economy expansion, and deflation tendency will encourage hoarding of the currency. To avoid the demurrage, people can simply transfer money between their own accounts once a day

Demurrage discourages hoarding even with deflation. At least if the demurrage rate is greater than the price deflation rate.
The demurrage is charged for each block, not for each day and people can't avoid it within freicoin, no matter if they send payments to theirselves.

johnyj

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Beyond Imagination

Quote from: jtimon on August 15, 2011, 11:14:41 AM

Don't you prefer freicoin over expocoin?
It also reduces interest rates and takes care of lost wallets.

I don't know much about freicoin, but I don't really believe fixed monetary base because that will limit the economy expansion, and deflation tendency will encourage hoarding of the currency. To avoid the demurrage, people can simply transfer money between their own accounts once a day

jtimon

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Quote from: Boussac on August 15, 2011, 01:53:58 PM

If the chains aren't competing for hashing power, they are competing for adopters and users.
something called the "network effect" makes the assumption that the sum of the parts is worth more than the whole somewhat questionnable.

Beckstrom's law is interesting but I like the simplicity of that one: let's say, for argument's sake, that the utility of a network is proportionnal to the square of n, n being the number of users.
if N = n₁ + n₂
then N² > n₁² + n₂² , right ?

I don't get where you're going to.

Boussac

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e-ducat.fr

If the chains aren't competing for hashing power, they are competing for adopters and users.
something called the "network effect" makes the assumption that the sum of the parts is worth more than the whole somewhat questionnable.

Beckstrom's law is interesting but I like the simplicity of that one: let's say, for argument's sake, that the utility of a network is proportionnal to the square of n, n being the number of users.
if N = n₁ + n₂
then N² > n₁² + n₂² , right ?

jtimon

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Quote from: BitterTea on August 15, 2011, 01:05:27 PM

Quote from: jtimon on August 15, 2011, 11:14:41 AM

Quote from: Boussac on August 15, 2011, 09:39:36 AM

All this is very interesting. Like a try to produce a remake of the Babel Tower story in the free software community. I have only one shovel so I will keep mining bitcoins and reading about the other mines.

When namecoin merged mining starts you can mine two coins with the same shovel.

If merged mining becomes popular, wouldn't that give Bitcoin a non-monetary use (lack of which is one complaint I've heard)? Bitcoin would then become the root of all block chains, except for those which do not incorporate merged mining (I can't see why any new block chain wouldn't).

I can't see why any new chain wouldn't have merged mining neither. The effect for the bitcoin network is that their miners would be rewarded more. It could even solve the "mining profitability after all bitcoins are generated" problem, if it is really a tragedy of the commons case.
I haven't heard anyone complaining against merged mining, it just makes the different chains cooperate for mining power instead of competing for it.

BitterTea

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Quote from: jtimon on August 15, 2011, 11:14:41 AM

Quote from: Boussac on August 15, 2011, 09:39:36 AM

All this is very interesting. Like a try to produce a remake of the Babel Tower story in the free software community. I have only one shovel so I will keep mining bitcoins and reading about the other mines.

When namecoin merged mining starts you can mine two coins with the same shovel.

If merged mining becomes popular, wouldn't that give Bitcoin a non-monetary use (lack of which is one complaint I've heard)? Bitcoin would then become the root of all block chains, except for those which do not incorporate merged mining (I can't see why any new block chain wouldn't).

jtimon

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Quote from: Boussac on August 15, 2011, 09:39:36 AM

All this is very interesting. Like a try to produce a remake of the Babel Tower story in the free software community. I have only one shovel so I will keep mining bitcoins and reading about the other mines.

When namecoin merged mining starts you can mine two coins with the same shovel.

Quote from: johnyj on August 15, 2011, 10:35:45 AM

Quote from: jtimon on August 14, 2011, 04:35:48 PM

Quote from: johnyj on August 14, 2011, 03:42:36 PM

Timecoin might be a future spotlight, especially when the difficulty rise further and per block reward cut in 2013

Timecoin also rewards miners (proportionally) less and less over time.
Maybe you prefer expocoin or freicoin (with fixed monetary base) for the purpose you talk about.

Maybe expocoin is good, I believe 3-5% increase in money supply is required if the currency ever will be used in mass scale

Currently IXcoin took part of the hash power from bitcoin miners, but that is more towards the deflation end of the spectrum and I'm not very convinced it will succeed, hopefully some expocoin fork will provide wider selection later

Don't you prefer freicoin over expocoin?
It also reduces interest rates and takes care of lost wallets.

johnyj

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Beyond Imagination

Quote from: jtimon on August 14, 2011, 04:35:48 PM

Quote from: johnyj on August 14, 2011, 03:42:36 PM

Timecoin might be a future spotlight, especially when the difficulty rise further and per block reward cut in 2013

Timecoin also rewards miners (proportionally) less and less over time.
Maybe you prefer expocoin or freicoin (with fixed monetary base) for the purpose you talk about.

Maybe expocoin is good, I believe 3-5% increase in money supply is required if the currency ever will be used in mass scale

Currently IXcoin took part of the hash power from bitcoin miners, but that is more towards the deflation end of the spectrum and I'm not very convinced it will succeed, hopefully some expocoin fork will provide wider selection later

Boussac

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e-ducat.fr

All this is very interesting. Like a try to produce a remake of the Babel Tower story in the free software community. I have only one shovel so I will keep mining bitcoins and reading about the other mines.

jtimon

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Quote from: Ten98 on August 14, 2011, 07:11:54 PM

If I had a Bitcoin for every "alternative to Bitcoin" that was suggested and claimed to be the BEST EVARR!!!11, then I'd be almost as rich as the early miners Wink

We're sticking with Bitcoin. End of story.

Please, post here those proposals if they're different to the ones in the list.

Ten98

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If I had a Bitcoin for every "alternative to Bitcoin" that was suggested and claimed to be the BEST EVARR!!!11, then I'd be almost as rich as the early miners Wink

We're sticking with Bitcoin. End of story.

jtimon

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Quote from: johnyj on August 14, 2011, 03:42:36 PM

Timecoin might be a future spotlight, especially when the difficulty rise further and per block reward cut in 2013

Timecoin also rewards miners (proportionally) less and less over time.
Maybe you prefer expocoin or freicoin (with fixed monetary base) for the purpose you talk about.

Topic: list of bitcoin-like proposed currencies and chains (Read 17029 times)