absolutely sha scrypt gpu/cpu minable trusted escrow would be citigroup hopefully. the fair distro is wset to give the guy in africa a fighting chance against us
connecting more devices wont get u more coins cause ur wallet is registered to u. 1 man 1 acct 1 slot on pool regardless now if u wanna take a chance u can go rouge but u may never find a block even with a huge amt of power cause u r fighting against the rest of the world and fair distro
Topic: The Big Idea.. a compromise more info - page 2. (Read 3101 times)
Your ANN is nice and short and to the point. You even left out the fancy ass graphics. Thank you. I like the idea and I like the premine idea alot.
Just a couple of things:
Consider giving the premine to an escrow agent for more credibility.
Let hashing power decide coin distribution. Don't limit number of coins to wallets, some people can spin up 200 cpus. But do certainly include scrypt, sha256, a GPU and a CPU algo for distro.
Just a couple of things:
Consider giving the premine to an escrow agent for more credibility.
Let hashing power decide coin distribution. Don't limit number of coins to wallets, some people can spin up 200 cpus. But do certainly include scrypt, sha256, a GPU and a CPU algo for distro.
Argument-
Cryptocurrency puts the power of money creation in the hands of the people. Lets offer something back to the existing power structure.
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PAYNET- A transparent vehicle for instant transfers of funds. It will operate with REGISTERED ACCOUNTS (like name address social etc.)
there will be no max supply but block rewards will be chosen and adjusted as situations arise.this will be voted on by all users with a 1 man 1 vote rule. the power will lie with a board of top 10 wallets this board will serve 2 functions 1) determine what the people need to vote for. 2 handle merchant/consumer disputes, creating buyer protection for the user. the board will operate as an incorporated entity, with all network fees going to the board (explained later)
_______________________________________________________________________________ _____________________________________
DISTRO- the distro will happen primarily through a central pool. all users will split block reward equally. mine with asics or cpu u get the same.
a portiion of network fees go to the strengthening of this network to ensure it is very hard for another pool to find a block (HANGMANS DILEMA)
_______________________________________________________________________________ ______________________________________________
PREMINE - A huge un-godly premine will be offered as a bribe to citigroup thereby giving them controlling interest in the board... Why citigroup ? cause they just might take it.
boom there u go
more to come
discuss
Cryptocurrency puts the power of money creation in the hands of the people. Lets offer something back to the existing power structure.
-----------------------------------------------------------------------------------------------------------------------------------------------
PAYNET- A transparent vehicle for instant transfers of funds. It will operate with REGISTERED ACCOUNTS (like name address social etc.)
there will be no max supply but block rewards will be chosen and adjusted as situations arise.this will be voted on by all users with a 1 man 1 vote rule. the power will lie with a board of top 10 wallets this board will serve 2 functions 1) determine what the people need to vote for. 2 handle merchant/consumer disputes, creating buyer protection for the user. the board will operate as an incorporated entity, with all network fees going to the board (explained later)
_______________________________________________________________________________ _____________________________________
DISTRO- the distro will happen primarily through a central pool. all users will split block reward equally. mine with asics or cpu u get the same.
a portiion of network fees go to the strengthening of this network to ensure it is very hard for another pool to find a block (HANGMANS DILEMA)
_______________________________________________________________________________ ______________________________________________
PREMINE - A huge un-godly premine will be offered as a bribe to citigroup thereby giving them controlling interest in the board... Why citigroup ? cause they just might take it.
boom there u go
more to come
discuss
Love the video but it dosent apply here
very funny is that what u think
haha, that video is getting alot of views it only came out like 2 days ago xD made me laugh so hard!
Maybe we can link ur acct to a qr code tattooed on your hand or forehead
Maybe too much but you get it Give them what they want
Maybe too much but you get it Give them what they want
PAYNET the official currency of SKYNET. 
There u go let's feed the system can't fight forever
PAYNET the official currency of SKYNET.
very funny is that what u think
This is a concept for a coin yes
Is this a coin?
god damnit mickGhee you cheated man. 
they WANT OUR TECH WE WANT THIER LEGITIMACY. they want control we want freedom lets meet in the middle
This idea frees people from debt and uses money as a positive power for the people.
This idea frees people from debt and uses money as a positive power for the people.
this is being changed
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