An idea for the solution of the current Guldencoin algorithm problem:
-leave it like it is
-premine all remaining-to-be-mined NLG coins
-launch a gigantic Christmas-Guldencoin-promotion and distribute the premined NLG coins for free among the broadest part possible of the Dutch population
After that, Guldencoin will advance in an unparalleled way.
Great idea! But come up with ideas of distributing fairly
I'm pretty sure the Criptoe team would insta-sell their millions at that point.
Some people get behind coins like NLG because they like the dynamics from the start. Complete changes like cpu mining, POS, or total mine out and distribution, aren't what some of us signed up for. Difficulty algorithm aside, the coin is good the way it is. Let it ride out to it's destiny.
-Fuse
Is nobody seriously going to say how ridiculous these suggestions are? Pre-mine the remaining NLG coins. It blew my mind the first time I read it, and not in a good way. Maybe come up with a way to get people into NLG with the existing free 100NLG. A Christmas-Guldencoin-promotion, that could work if we do a X-MAS themed give-a-way based on the 100 free NLG people can request. How would you go about promoting it to the country?
@Fuse I can understand if you would. Guldencoin needs mining, like mining needs miners. POS is a huge no-go at this point and pure cpu-mining will fuck up a lot of existing miners too and we will have a lot less miners, most likely. What we could do is make current mining easier to understand by creating plug&play-type hardware. It's all still a bit in the tweaker-o-sphere. I know a little bit about computers, but I find it pretty hard to mine with current mining-equipment. Let alone that my mom or sister would do this. If we could find a way to get more miners that just need a simple device or can use cloud mining for an affordable EUR-price, we would have a good influence on both mining and getting more users in for NLG. On both a technical level and a usability-level. Because we can use Guldencoin in real life, which is a huge plus alongside being able to mine a coin that is worth money.
For example, set up a Betarigs website where people can pay with euro's and the rig-operators get paid in Bitcoin. That would eliminate a step that people find weird now. Buy Bitcoin > Buy hashing > Mine NLG .. Wait what? So if we could make it Buy hashing > Mine NLG and keep on adding to the usability of our coin. We're golden.
I am under the impression that many of you want to go too fast, without realizing that it's going as fast as it can at the moment. We're not even at a snowball-effect yet. Have you told your friends, family, co-workers about Guldencoin yet? Realize that Guldencoin has a lot of potential. If giving away free coins was easy we would've had 4-5-6 times the requests already. Because we haven't been outside of the news at all -
https://guldencoin.com/news. We've been on TV, newspapers, interviews, Russia Today, radio and online on several websites. There are a lot of people aware of Guldencoin, they really are, and I've spoken to about 800 possible merchants.
That's right. 800. And their response was always "not yet, we're waiting to see where it goes" or "is this a legal form of payment?" and they are currently waiting for us to step up. Like LTEX said, once you have the users the merchants will follow easily. It's always a chicken-egg situation. And the fact that we have 60 merchants with our current amount of users is awesome. Want Guldencoin out there? Get to it. Tell your friends.
Sometimes thinking out of the box leads to usefull thoughts, discussions and other ideas. The contribution is great but, yes, imo not the way to go.
Going POS is bad too, big pockets gets bigger and will be like a big black cloud over Guldencoin land. Imo bad in the long term.
CPU mining? Most Dutch people nowadays have laptops. CPU mining on a laptop? Please no, the hardware is nog made for that and my fan makes too much noise.
We have to look at the future:
- hobbiest miners and solo miners? they will be gone
- miningpools and miningfarms? There will be many, mainly overseas where power costs are much more cheap
- mining equipment will get stronger and stronger
When there are 10 miningpools mining with 100GH power, there will always be a very big one with maybe even 100TH. Who knows? The Clevermining problem is here and now and there will be others in future which for sure, will do much more harm on our network if we don't change. We have to learn from Clevermining, it's good it has en is happening. We have to be glad we learn from this now, at this very moment, and not much later when it would not only harm the network but also a much bigger Guldencoin economy.
So that's why I am sure a new algo will not only be great for Guldencoin but for the whole cryptolandscape! We will write history, people will talk about Guldencoin like... well forever. This will be a huge milestone and the step forward everybody is waiting on!
For the very short term: a lower price will keep us save until the algo change. After that... only fireworks, if you ask me...
Cheers!