I will post on 1 September a list of coins and update everyday, it will be available in the OP.
1st October ?
This is a large project and a lot of developers and resources would be needed to get it off the ground.
Why ?
Because the only really viable way forward is to burn dormant altcoins to get the new coin. The new coin would need to be very attractive to do that, and therefore would need serious backers. However, I can forsee serious rewards for success.
The 1% premine would be a mistake, because it would send the wrong message and poison the whole project.
With respect, I don't think it's viable without a big team and resources, but it's a great idea.
Thanks for the correction and i do agree with your points, completely. However the one thing devs seem to all agree to on this forum, is a policy of non-cooperation. The few that did or tried to, ended up with a much larger mess.
I wont set lofty goals for this project as my skills have a limit, just like my free time.
I can do the following
1) Create a sane blockchain
2) Map all balances at appropriate rates
3) Implement a few changes (maybe 2 or all three previously mentioned)
As for the 1 % premine, as you said, this is a huge project....what then is my incentive to put in all that work?
Burning is a great idea to peg/force a value, however, not many people would participate short of the devs stating that the mapping is effectively a chainswap and the old chain is now invalid (fat chance)
Secondly, that option limits the coins that can be used since some of ones with active users are far from dormant. Also keep in mind that a lot of people simply are unwilling to part with their coins as they find it hard to swallow that their coins are dying. They'll resist hoping for a miracle...lol. Also this will mean only burned coins from that blockchain will count. But in order to make things interesting and provide what little incentive i can guarantee, i will make a proposal.
Note, this proposal can be made a necessity for certain coins as i am getting complaints about some of their backgrounds. I invite devs and or communities of dormant/dying coins to burn their coins and accept this as an effective chainswap.
The most immediate advantage to doing so is that the coins price snapshot will be doubled, effectively giving you more for your coins than you would get by sticking to the dead/dying chain. This offers a way out for the community and for the dev if he/she is failing to maintain or innovate for the chain.
Should the community or dev approach me here publicly, that would be most ideal.
