Topic: Necronomicon thread: Altcoins which are dead. - page 11. (Read 43843 times)

No worries, our coins are not designed to be profitable, but OFF trades on Allcrypt and Sci-Fi-Ex, and Melange only on Sci-Fi-Ex. Neither has much of a following, but development and mining persist.

Interestingly for your notes, Melange is a clone of Skeincoin Also, one other I noticed, PowerCoin (PWC) also predates coingen.io by at least 9 months time, was created by NWO. SKC is novel in its use of skein only as a PoW, but RedKendra being absent is odd, he's got many coins to look after.

Apologies; I thought they were gone.  Coinmarketcap is not tracking Melange, nor Cthulhucoin.

Where are they trading and what is their current market cap?

Melange is not dead, nor is Offerings to Cthulhu. Quite to the contrary, we upgraded both wallets for heartbleed a couple weeks back and Offerings (not Cthulhucoin) has now been graced with transaction messaging--the first QRK clone to do so AND it didn't require a hard fork.

While we're on the topic, Doubloons was most certainly not a coingen.io coin, it predates the existence of that site by more than 10 months; though you're right, it is pretty much dead, so it can stay in the list.

Blackcoin and Fluttercoin, when first released, came out with wallets that contained malware. 

Later, non-malware versions of these wallets became popular. 

It is very hard to tell whether the malware was intentional or not.

Anyway, I went and had a look, and these do not in fact belong on the current list; their market cap is still way over the cutoff lines I'm using.  So I'll go delete them.

Thanks for all your effort. This will be a fascinating subject as time goes by. Probably deserves more than an ephemeral bitcointalk thread. A Necromicon Museum website? ;-)


UPDATE: I do have one request: Can you make a note on coins you have listed, where they are separate from new, living coins? I'm concerned that you will be accused of spreading FUD about coins like Blackcoin and Fluttercoin which are doing well, but earlier incarnations (I assume) of those names appear on your list.

Added a bunch of scamcoins (found a list in an old post) today.  Since these vanish after the scammers get the money, they fade from knowledge.  The exchanges drop them like a hot rock, the threads about them get shoved down to page 34, etc.  Not much evidence is left of them relative to how common they actually are.

Also added a long writeup on aircoin - wow.  There were so many things wrong with that, from the outset, that I just don't know where to start.  'Aircoin' can talk a good game, but no matter how well-spoken somebody is, math either works or doesn't work.  And people were treating it as though it was serious.  In fact, people still are!

1. I think some exchanges are more quick than others to delist dead/broken altcoins. I'd rather err on the side of being slow to declare a coin dead (not fair to those holding it to prematurely write off their investment, in my opinion, if they can do something to salvage the coin.) Attempts to rescuscitate coins (Lovecoin, Asiacoin, etc.) complicate the question of what constitutes a dead altcoin.
2. I know it's more work to track, but volume should be irrespective of the exchange it is happening on. A coin that is dead on Mintpal but active on Allcrypt, odd as that might be, shouldn't be called dead overall.
3. Good question on hashrate. Anything more than 0 suggests the coin is technically still breathing (so to speak). But if only a few rigs are mining it and doing so less than 24/7, it creates the possibility of drops to 0 hashrate that would lead to delays in transactions. Can someone estimate (by math or experience) a reasonable minimum that is required for a blockchain to keep running with no transaction delays assuming difficulty adjustments and so on are not an issue? This might be a tricky one to strictly define.
4. Good point about launch issues; this is also a criteria that is going to be hard to define so it is more of a guideline than a strict criterion. Maybe let mention of launch issues drop after 90 days or so assuming the coin survives past them.

I have the same issue on my site. When do you say a coin is dead? The more criteria, the more work it takes to verify each coin.

1. Is a coin delisted from all/most exchanges? - It takes forever for coins to be delisted
2. What is the coins volume on any exchanges that remain? - All exchanges or just major ones?
3. What is the status of the blockchain? Total hashrate for it? - Dead blockcain is obvious but what hashrate is cutoff?
4. Status RE: any scams or scandals involving the coin or dev? - Do launch issues count?

I like the idea of organizing this better as well. Calling something like Rupayacoin dead, for example, doesn't seem right when instead it just seems to be very slow in maturing (market is slowly firming up on Bittrex I've noticed), rather than a flash in the pan.

We might want to organize it differently than market cap though, or with additional criteria. Thinking off the top of my head:
1. Is a coin delisted from all/most exchanges?
2. What is the coins volume on any exchanges that remain?
3. What is the status of the blockchain? Total hashrate for it?
4. Status RE: any scams or scandals involving the coin or dev?

Good point.

With that in mind, it should be possible to create a website that automatically tracks and estimates the "liveliness" of a coin.

You should have different sections:

• Skeletons: Really dead, no way to revive them
• Zombies: $0 < Market cap < $5000, alive blockchain
• Warm bodies: $5000 < Market cap < $15000

Cryptocointalk has a section for DYING OTHER ALGO CRYPTOCOINS

https://cryptocointalk.com/forum/888-dying-other-algo-cryptocoins/

This contains Kimcoin, Kingcoin, Obamacoin, Secondscoin, and Zurcoin

Nope.  Market cap is still over $3M. 

Ah.  Found "Protoshares" in an old list but not with a current market cap.  "Bitshares" with a market cap of a little over $5M now has the symbol PTS.  I've removed Protoshares for the time being, on the assumption that I just blew it on following a name change.


Fixed, thanks.


Ooooh, I didn't know about that one.  Thanks for the pointer.