So Many AltCoins,- How about creating Universal One? - page 2.

biaka

newbie

Activity: 35

Merit: 0

Quote from: thekidcoin on July 15, 2013, 05:58:53 PM

Quote from: biaka on July 15, 2013, 02:45:48 PM

Has it ever been proposed before?

let me guess, your going to create it?

The topic of this poll is:

"Universal Community Coin (Open Source, no asics) everyone able to mine."

It also makes me sad that many users on this forum have no idea what open source is.

markm

legendary

Activity: 2940

Merit: 1090

Oh yeah great idea, get people in undeveloped countries to use insecure money so script kiddies all over the developed world can take their money, brilliant.

-MarkM-

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

Quote from: kelsey on July 15, 2013, 06:41:48 PM

Quote from: Online24o0n on July 15, 2013, 05:55:30 PM

We have a universal coin, Its called Bitcoin

but that attempt failed

Wait... Bitcoin "failed"?

biaka

newbie

Activity: 35

Merit: 0

Quote from: Online24o0n on July 15, 2013, 05:55:30 PM

Quote from: biaka on July 15, 2013, 02:45:48 PM

Has it ever been proposed before?

We have a universal coin, Its called BitCoin

Sure, but topic is not about BTCCoin here.

Imagine people in undeveloped countries? They will never be able to mine BitCoin.
What they do have is some older machines still capable to mine, so they could get some taste of Freedom.
Also, I really like a few ideas of others to create coin where with older machine solo mining is promoted and new people get some incentive just as they start to mine.

kelsey

legendary

Activity: 1876

Merit: 1000

Quote from: Online24o0n on July 15, 2013, 05:55:30 PM

Quote from: biaka on July 15, 2013, 02:45:48 PM

Has it ever been proposed before?

We have a universal coin, Its called BitCoin

but that attempt failed

but yeah the last place you should start a new bitcoin or bitcoin clone is forum.

thekidcoin

sr. member

Activity: 308

Merit: 250

FlutterCoin Developer

Quote from: biaka on July 15, 2013, 02:45:48 PM

Has it ever been proposed before?

let me guess, your going to create it?

Online24o0n

member

Activity: 98

Merit: 10

"Ignorance never settles a question."

Quote from: biaka on July 15, 2013, 02:45:48 PM

Has it ever been proposed before?

We have a universal coin, Its called BitCoin

AgentME

member

Activity: 84

Merit: 10

I'd make a joke we should call it "CloneCoin" or something obvious, but the name "Yet Another Coin" is already used, so making a new coin ironically isn't even original.

biaka

newbie

Activity: 35

Merit: 0

"More people familiar with varying the code and variants of the code is good, as it seems like there will regularly be need to update all the many altcoins so the more people capable of doing so maybe the more likely it is to happen.

Two that really need updating badly are Tenebrix and GeistGeld, they might even be old enough that they might crap out on file size of the blockchain on 32 bit Windows systems maybe or something silly like that.

They are interestingly different from each other too since Tenebrix is scrypt without merged mining whereas GeistGeld is SHA256 with merged mining. So bringing both of those up to date would be a really great learning-project for someone and meanwhile of course both are also so ridiculously low difficulty you could be mining them both all along with CPUs and rake in tons of both while you learn. Unlike starting a new coin you don't tend to get jumped on by all the big miners with these old coins, so you can go months on end peacefully mining them with CPUs.

Compare that with the way difficulty skyrockets on new coins lately and you'll see those new coins won't likely be useful for spreading the coins around newbies for maybe months or years, whereas these old coins have been serving newbies well for what, a year or more now and still nice low difficulty...

-MarkM-

Snail2

legendary

Activity: 1512

Merit: 1000

Quote from: mufa23 on July 15, 2013, 04:04:57 PM

You mean, create something that doesn't use SHA256 or Scrypt? I'm pretty sure all coins are using either of the two. I guess you could invent something new that would be CPU based only. But on a given timeline, technology will be created to mine faster and/or use less electricity. And there would have to be a good reason to switch over. What benefits will this new coin have over something like Bitcoin.

Bitcoin is fairly solid.

Both SIC and Primecoin are using different algo.

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

You mean, create something that doesn't use SHA256 or Scrypt? I'm pretty sure all coins are using either of the two. I guess you could invent something new that would be CPU based only. But on a given timeline, technology will be created to mine faster and/or use less electricity. And there would have to be a good reason to switch over. What benefits will this new coin have over something like Bitcoin.

Bitcoin is fairly solid.

jackjack

legendary

Activity: 1176

Merit: 1280

May Bitcoin be touched by his Noodly Appendage

biaka

newbie

Activity: 35

Merit: 0

Quote from: webr3 on July 15, 2013, 03:06:32 PM

"So Many AltCoins, - let's make another one"

What's wrong with another one? Specifically self growing Open Source Project?

BTW they are All Awesome to me and this poll is posted by the inspiration
of reading pixel's "How do you create an altcoin?
I highly recommend everyone to read!