Topic: New Cryptographic Currency (Read 4465 times)

Troll? I fight again trolls! You are fake nerd want create another clonecoin. You are inexepert!

Your profile is a clone of every troll on BCT. Just looking through your post history shows how supportive and helpful a community member you are.

This project is a clone of clones. Cryptocurrency is not an ego project…

Credits(CRDS) Main OP - https://bitcointalk.org/index.php?topic=1944858.new#new

Interested to see where this goes.

You need to be at least jr member I think. But activity only updates every two weeks, and in order to get 30+ activity to be a jr member you ll have to wait for about a month..

I am just now blatantly trying to up my score to be able to post the OP.

How many posts do I have to make to be able to post images?

After you post it, I can quote you and images will be shown.

I have to raise my status with this user to be able to post with images.

pls tell me the channel thanks

and good success

i would love to see the op

I formed a new Slack channel that will have its link posted in the upcoming new OP.

OP and Website launch first, then 2 weeks of promotion before wallets/binaries are released at the same time.

Airdrop worked for byteball because of the system they have, for this it wont work and will only exclude people.

I like it, looks like a pretty good plan: choosing Argon2d, CPU-only mining, Masternodes and all that. Let's hope that the project will run smoothly.

Ok all sounds good! Just a thought before you post the OP; what do you think about an airdrop? Look at byteball, it had a very successful airdrop for BTC users and built a very large community within a few months.

I was thinking maybe link the airdrop to bitcointalk usernames, this would create a large community very fast. Maybe just a small % can go to an initial airdrop before PoW starts. Its just a thought.

Also, how soon will you post the announcement? Will there be a specific date or ninja launch?

I have looked into his option and it would require two coins and its a good plan, however, its more of a tether/stability plan that requires a lot of work.

But there is already a project doing that and its called Duality (Dynamic and Sequence) and this is not that.

We are going with option 1.

Websites/OP are being designed atm. The next post here from me will be a link to both

EDIT: I want to add these points prior to posting the OP:

1. I have been honest that I only want 0.025% of the total coins as payment for creation/work/production/time put into the wallet and communication and in no way will I just dump all of the coins in one go, but I will sell off coins very slowly and staggered over the course of months and months, the address of which I will post publicly. The other 0.025% is for bounties etc.

2. I want this to be a cryptographic currency that is built on community use, involvement, participation and drive/speculation of what it can be.

3. I will support the codebase indefinitely, but I am not the main dev, anyone can contribute to the codebase.

Thank you all.

I will get more information today about the asset backed currency. The person with the idea is not a developer/coder but has been watching cryptocurrencies for a long time and has been waiting for an opportunity to utilise his skills/connections and overall idea. The plan seems solid, I am just waiting on the figures.

1. A 0.05% premine looks perfectly fair. Perhaps you should increase it a bit, both your reward and the reward reserved for bounties. Its important to have a lot of promotion, especially in this forum

2. What do you mean asset backed? No POW?

OK there are two options.

The first I am in favour of but only because that plan is laid out in front of me and I am waiting on more info on the second.

1. A coin that has a structured reward structure for its coin creation period, in this case 35/36 years to produce 95,000,000 coins with Miners being initially rewarded greater than Masternodes and the rewards over that period basically doing a steady switcheroo as the Masternode network grows and mining progresses through CPU->GPU->ASIC. It has a premine of 475,000(0.05% of Total Coins after 35/36 years) in the reward structure of which I want 50% for creation/work I have spent and the other 50% of it will be used for bounties/promotion in first years.

2. One person keeps talking about making it an asset backed cryptocurrency and I am waiting on the information/proposal on reward structure and how it would work. I've been told that they have the connections and know-how to make it work, but waiting on the proposal, otherwise its option 1.

The codebase itself is a fork of Dynamic which is basically an improved Dash 12.2, with Argon2d for CPU mining only (with Wolf0 AVX2 optimisations), Masternodes are 500 coins to run. All the styling, name, logos/icon are done. Governance is disabled, oh and Chinese translations are even done as I feel the Chinese will be interested as PrivateSend and InstantSend ACTUALLY WORK

Let me know what you guys think?

EDIT: I have been shown the reward structure and to be fair it is based a lot on mine but ensures a 1% inflation, I am reviewing it.

You would hit between 30-40000hashespersec