Topic: [PRE-ANN] Munich Project - Reinventing Bitcoin - Alt-coin / Wallet / Exchange (Read 5693 times)

keep ASICS out

Is there any more information about the project yet?

This will never be convincing anyone, if you dont show work you done with this coin already.
(Screenshots, working documents, source code, ...).

Don't write another big forum text now, just show something real.

Coin looks nice, i just have some reservations regarding the mining, hard to tell in englich, instead i will pm them to you in german now  .

Hello,

Here is a quick update,

We took a bit of time to resolve some new bugs we found in the core, and to discuss between us on the better way to launch our project.

We don't want to rush the start of our project, so we'll take the appropriate time to do the things well.

Website and some other little things are also under construction right now.

More informations will come the next week.

Thanks,

Donn

OP has been updated :

- First IPO has been cancelled due to the lack of interest , probably cause of the low reward associated to it

- Poll has been launched to let you choose what's the best way for the next Munich Project IPO : https://bitcointalksearch.org/topic/poll-we-need-you-finding-a-goodbetter-way-for-the-munich-project-ipo-program-569468

- Coin name contest has been finished : we will choose the final name very soon

- Website is coming soon

- Screenshots of the wallet coming soon too. We have worked a lot on it these last days

Calendar remains unchanged for now, but will change probably soon

Donn.

Hello,

Thanks for your comment -- you are right, KGW is succeptible to the TW exploit in it's initial implementation. However, Julian has checked this part of the code the last 2 days, and our own implementation seems just fine. More checks will follow to make sure there is no exploit in our code.

Donn

Fixed, thanks for your help !

Donn

The least you can send. Or the least amount, the smallest amount.

Just a little help.

Wow, good job.
I don't like Bitcoin-Qt wallet too.
All the coins has same wallet.
NOT friendly
Your project looks good.
I will continue follow this.
Good luck, to you and your team.

Hi, may I mention that KGW for difficulty readjustment might not be the best choice, regarding the timewarp exploit?

Hello,

The first IPO has been launched in a new dedicaced thread :

https://bitcointalksearch.org/topic/ipo-12-munich-project-first-ipo-dedicaced-thread-553312

Please use this thread for any IPO related content.

Thanks,

Donn

Hello,

We just made a dedicaced thread for the coin name contest : https://bitcointalksearch.org/topic/contest-win-5-btc-ipo-by-suggest-us-a-good-coin-name-for-the-munich-project-553248

We are really impatient to see your ideas !


Can you please re-post your idea into this thread ?

Thanks you,

Donn

Three pages, still no name suggestion?

How about Shell Coin? They are known as magic coins and even the Flintstones used them 

This coin actually looks fantastic! Having an exchange already at launch will help. Ill admit all the stuff did confuse me a bit, and the KISS principle seems to be favored. Keep me posted, will be mining!

i like german project, but another IPO. i will think out it for days .then decide to be in or not.

Hello,

What kind of additional information do you need ?

The first IPO will start in a new thread the 2nd April, as stated in the original paper

Donn

Thanks you very much for you kind message,

The goal of this project is not to make "tons of money" anyways, unless the project works well and our mining abilities permits us to mine lots of coins. The goal of the IPO on our side is just about buying us some more time.

About the exchange, at the moment we don't plan to add any other crypto-currency, but I'll say this subject really depends of the success of our project. For now we are focusing on our coin by itself. The day the coins and the services will not request a lot of time, and if the exchange concept is a success, we'll look about the other alt-coins.

Donn

any news on the ipo?

I stopped reading all the clueless replies from trolls and just wanted to tell you I just came across this thread and it's exactly what I was hoping to see in a coin for some time.

The trolls are correct, you won't make  ton of money off this one,  and that makes them think it's worthless.  But what you could make, if the coin can generate enough interest to hang on, is a decent long term investment.... maybe ... and more importantly, a real currency that can serve the population at large.

In my opinion, this is the holy grail of crypto currency.  I instantly know I'm going to support you.

Just one question, the decentralized exchange is an awesome idea that we often talk about on our Darkcoin forum.  I'm wondering if you plan on limiting this feature to the Munich project, btc and ltc, or if you'd be interested in including other coins?  I realize that could become confusing, but it would be cool if we didn't need exchanges anymore or if we could at least have a choice.  

BTW, I totally agree with dewdeded about analyzing what went wrong with other coins, as I think you have been.  Aroura coin is a great example, as you can see, the "air drop" was off to a great start, but the hashing network was far to small to be secure (hence the many forks) and they didn't expect everyone to dump their coins at the exchanges right away (an obvious flaw in hindsight).  So at this juncture, with so many failures, you have the advantage of hindsight.  Hopefully you will gather a good following of thoughtful people here who will help you analyze and process what's gone right and what's gone wrong.