making a new coin is not a one of a kind idea there are hundreds of them and you guys don't have the first clue what the real uses of these public ledgers really are
at least let the damn markets get healthier again and the skills come back. Because at this rate all you newbs making coins are each putting a nail in the coffin of this
digital currency/comodity space as we know it and before it even takes off! fact is with all these new coins you are thinning out the value of any one coin and that means there is never going to be
any incentive for real coders to come and enter this space! i could list 100s more reasons but will you listen...will anyone stop this madness..no not yet i don't think, but WE will soon
and you would be wise to not even waste your resource and time on yet another coin!
You are correct to a certain extent. All of these new coins coming out are either copies of other coins or have a very small change to the features. They are worthless in the long run, because people will keep copying other people's work. Thus - creating a new coin with awesome features will quickly become outdated. BUT, my suggestion to coin developers is to stop making all your code open source. Stop letting people easily steal your work. Make them think for themselves and learn.
Joshuar, you need to bring something new to the table (new revolutionary wallet design, new graphics, new algorithm, new security features, etc) or your coin will quickly get lost in the list of new coins being chucked at us every day. And when you create this new concept, do not share the code with anyone else. The only way to kill these new altcoins is to stop feeding them new technology that makes their coin unique.
Yea, I've already started working on it, and it's Not going to be Open Source, at least not everything. No company in their right mind would open source their project, not ebay, not paypal. Not saying that my coin will be as big as that, but this whole idea of Open ourcing everything on here concerning cryptocoins is ridiculous and plain stupid. The only way you would successfully open source something in my mind is if it has a huge userbase and very popular like Bitcoin is.