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Topic: ✠ The Official AltCoin WhiteList ➢ For Real Coins☆With Real Devs☆With Real Goals - page 3. (Read 8620 times)

sr. member
Activity: 359
Merit: 250
I don't fancy quark either, but please give the blacklisting a better reasoning.

The main point of critique is actually the instamine and the ridiculous fast block halving after about a month, if I remember correctly. The coin was designed to give the people that heard early enough about it a huge mining advantage and then proceeded to pump the coin when the coin was almost fully mined after only 6 months. This is not an attempt to design a widely-spread and adaptable cryptocurrency. I am not hating against the coin design itself, just the mining aspect which is just mad.

Quark is cheap right now - you can easily mine anything else and convert to it.... Just because direct mining isn't as profitable these days doesn't mean its inaccessible! Also, again - low number of new Quark/day means a cheap cost to maintain coin valuation.

Vic
sr. member
Activity: 294
Merit: 250
I don't fancy quark either, but please give the blacklisting a better reasoning.

The main point of critique is actually the instamine and the ridiculous fast block halving after about a month, if I remember correctly. The coin was designed to give the people that heard early enough about it a huge mining advantage and then proceeded to pump the coin when the coin was almost fully mined after only 6 months. This is not an attempt to design a widely-spread and adaptable cryptocurrency. I am not hating against the coin design itself, just the mining aspect which is just mad.
full member
Activity: 187
Merit: 100
Good effort OP.

Obviously whitelist: Darkcoin and Anoncoin

Reasons for both: active devs, active community, trying to innovate with new privacy and security features


* Darkcoin has invented a new hashing algo that fixes problems KGW. DGW is now being copied by other coins.
* Darkcoin uses x11 hashing which uses 30%-50% less power than scrypt while being effective and simple to deploy.  This is now being copied by other coins.
* Darkcoin is maintaing an anti-asic stance and a focus on decentralization. Even Adam Back whose hashcash is used in the Satoshi paper is worried about bitcoin centralisation and the ease with which governments can now get court orders and impact the bitcoin network.
* Darkcoin is implementing DarkSend which is anonymity from the blockchain from within the wallet. The average person will be able to send payments without their details being linked to transactions next week, next year or 20 years from now.
* Darkcoin miners are mining and keeping their coins, not mining and trading them in for bitcoin.
* Darkcoin is making all its improvements open source and other alt-coins are now starting to follow its lead.
* Darkcoin wants to enable all other coins to interact with its anonymity features, it doesn't want to compete with them. Darkcoin is a catalyst.

Which bit of the above doesn't merit attention?

Actually, as a darkcoin miner, I'd rather you didn't put it on the list just yet. That is what you would call the anti pump-n-dump supporter.


+75
full member
Activity: 168
Merit: 100
Remove the word 'Official' since there's nothing even remotely authentic or official about this list. It's a freely contributed forum thread and not official in any sense of the word.
agreed, good point
Replace "official" with "reference". Official carries a certain weight (including warranty) that reference doesn't. And everyone's happy.
[/quote]

You got it. It's safe to say many forum posters here routinely overstep their authority in every sense of the word.

If someone's going to make a thread and decide which coins (like 2 day old IPO Pawncoin) are 'whitelisted' they should at least be somewhat sincere and not misleading.

Otherwise this could quickly be labeled another 'scam' thread started by 'scammers' to mislead people and direct investment to a short-list of 'chosen' coins. Of course these coins will have been chosen for their direct financial reward of those making the list.
hero member
Activity: 658
Merit: 503
Monero Core Team
Mintcoin should be whitelisted.

1.It has has been set up as a legal fund (like a foundation).
2. We have developed over 25 markets for the coin.
2. Great community support
4. Active development. Will work on android app that is compatible with PoS, which is a significant technical hurdle and innovation.
+1
Hopefully that is sufficient grounds to view mintcoin as a legitimate cryptocurrency and get it whitelisted.

BTW I think the whitelist is a significant development for the altcoin community and a good idea.
Remove the word 'Official' since there's nothing even remotely authentic or official about this list. It's a freely contributed forum thread and not official in any sense of the word.
agreed, good point
Replace "official" with "reference". Official carries a certain weight (including warranty) that reference doesn't. And everyone's happy.
full member
Activity: 168
Merit: 100
Mintcoin should be whitelisted.

1.It has has been set up as a legal fund (like a foundation).
2. We have developed over 25 markets for the coin.
2. Great community support
4. Active development. Will work on android app that is compatible with PoS, which is a significant technical hurdle and innovation.
+1
Hopefully that is sufficient grounds to view mintcoin as a legitimate cryptocurrency and get it whitelisted.

BTW I think the whitelist is a significant development for the altcoin community and a good idea.

Remove the word 'Official' since there's nothing even remotely authentic or official about this list. It's a freely contributed forum thread and not official in any sense of the word.

agreed, good point

Maybe we should have a Pope - ordained by God Himself who can directly translate His wishes and decide which coins gets 'officially' recognized on behalf of the silent majority.

I've got to be honest, these threads are scaring me a little bit because of the amount of regression they're showing.  Grin
member
Activity: 98
Merit: 10
Keep official. It's an official list done by the forum BCT Altcoin community.
sr. member
Activity: 364
Merit: 250
Mintcoin should be whitelisted.

1.It has has been set up as a legal fund (like a foundation).
2. We have developed over 25 markets for the coin.
2. Great community support
4. Active development. Will work on android app that is compatible with PoS, which is a significant technical hurdle and innovation.
+1
Hopefully that is sufficient grounds to view mintcoin as a legitimate cryptocurrency and get it whitelisted.

BTW I think the whitelist is a significant development for the altcoin community and a good idea.

Remove the word 'Official' since there's nothing even remotely authentic or official about this list. It's a freely contributed forum thread and not official in any sense of the word.

agreed, good point
full member
Activity: 168
Merit: 100
Mintcoin should be whitelisted.

1.It has has been set up as a legal fund (like a foundation).
2. We have developed over 25 markets for the coin.
2. Great community support
4. Active development. Will work on android app that is compatible with PoS, which is a significant technical hurdle and innovation.
+1
Hopefully that is sufficient grounds to view mintcoin as a legitimate cryptocurrency and get it whitelisted.

BTW I think the whitelist is a significant development for the altcoin community and a good idea.

Remove the word 'Official' since there's nothing even remotely authentic or official about this list. It's a freely contributed forum thread and not official in any sense of the word.
sr. member
Activity: 364
Merit: 250
Mintcoin should be whitelisted.

1.It has has been set up as a legal fund (like a foundation).
2. We have developed over 25 markets for the coin.
2. Great community support
4. Active development. Will work on android app that is compatible with PoS, which is a significant technical hurdle and innovation.
+1
Hopefully that is sufficient grounds to view mintcoin as a legitimate cryptocurrency and get it whitelisted.

BTW I think the whitelist is a significant development for the altcoin community and a good idea.
full member
Activity: 168
Merit: 100
Pawncoin made the 'Official Whitelist.' LOL  Grin

Today's reading has been very entertaining - keep up the great work!
legendary
Activity: 3136
Merit: 1116
Whitelist:

Protoshares - innovative way to decentralize assets exchanges of DAC

GPUcoin - it was built for the main purpose of buying discount GPUs with a business already in place. IPO was distributed to investors as promised.

PAWNcoin - It was built for online PAWNshop. Escrow was used for the IPO and it was distributed as promised.


How can you put GPUcoin with a 5% premine on this "white list", but you keep off vertcoin and execoin, both of which have 0% premine and did much more to popularize the n-scrypt algorithm that gpu coin uses. GPU coin still hasn't opened their store yet, i.e. there's still a significant probability it's all a vaporware scam. You're whitelist just looks lazy. Does it happen to coincide with all the coins you own?
member
Activity: 65
Merit: 10
Good effort OP.

Obviously whitelist: Darkcoin and Anoncoin

Reasons for both: active devs, active community, trying to innovate with new privacy and security features


* Darkcoin has invented a new hashing algo that fixes problems KGW. DGW is now being copied by other coins.
* Darkcoin uses x11 hashing which uses 30%-50% less power than scrypt while being effective and simple to deploy.  This is now being copied by other coins.
* Darkcoin is maintaing an anti-asic stance and a focus on decentralization. Even Adam Back whose hashcash is used in the Satoshi paper is worried about bitcoin centralisation and the ease with which governments can now get court orders and impact the bitcoin network.
* Darkcoin is implementing DarkSend which is anonymity from the blockchain from within the wallet. The average person will be able to send payments without their details being linked to transactions next week, next year or 20 years from now.
* Darkcoin miners are mining and keeping their coins, not mining and trading them in for bitcoin.
* Darkcoin is making all its improvements open source and other alt-coins are now starting to follow its lead.
* Darkcoin wants to enable all other coins to interact with its anonymity features, it doesn't want to compete with them. Darkcoin is a catalyst.

Which bit of the above doesn't merit attention?

Actually, as a darkcoin miner, I'd rather you didn't put it on the list just yet. That is what you would call the anti pump-n-dump supporter.

Agree! Darkcoin real Innovation coin,more info can look whitepaper:http://www.darkcoin.io/downloads/DarkcoinWhitepaper.pdf
hero member
Activity: 742
Merit: 500
Good effort OP.

Obviously whitelist: Darkcoin and Anoncoin

Reasons for both: active devs, active community, trying to innovate with new privacy and security features


+1

you should also add the metacoins for bitcoin,

counterparty/xcp and mastercoin/msc

they are somewhat building financial markets on top of bitcoin, great developer, promising and innovative
full member
Activity: 383
Merit: 100
Vertcoin. First scrypt-adaptive-Nfunc
sr. member
Activity: 359
Merit: 250
Blacklist

Quark, adds nothing useful & is un-mineable now, another pump & dump scamcoin.


This is simply misinformation - thanks for that.

Quark had a different distribution model - just because you can't mine it profitably now doesn't mean that coin is a scam. Those two things are not equivalent. There was no premine, it was just mostly mined with the first 6 months. This is a benefit for investors - it means that the low number of new Quarks created keeps the cost of maintaining a value level low.

Quark is Whitelist

We have a broad variety of infrastructure being created - we now have payment processors (litepaid.com), a mobile wallet on google play, an auto-mining wallet that supports our network, and we are very actively working with companies to add new services. We are going to be added to moolah's prelude within the next day or two (https://prelude.io/), and possibly to their whole platform dependent on interest.

Innovation
-Quark is secure - It has 9 rounds of hashing, including 3 at random from 6 hashing algorithms, requiring all 9 rounds to be broken, including the 3 random rounds only decided on at the time of block generation to be copromised
- Quark is fast enough with 30s block times to allow potentially for in store payments with fast confirmation times.
- We have an auto-mining wallet that uses a small amount of your cpu power to automatically support the network while open. This can be turned off if you want (http://www.qrk.cc/press/)

Quark has a great community that is continuing to CREATE infrastructure and build value. All alt coins have lost value with BTC being hammered recently - Quark is no different. However, we are intent on building value. Come see our efforts on reddit (http://www.reddit.com/r/QuarkCoin/) and on our official press page (http://www.qrk.cc/press/).

Vic
member
Activity: 63
Merit: 10
Quark - adds nothing useful & is basically un-mineable now, another pump & dump scamcoin.

You are obviously biased here.

* Quark has no pre-mine
* Quark was the first coin to use multi-algo in a random fashion
* Quark has comperent and active dev
* Quark has a huge community
* Quark is still very minable
full member
Activity: 141
Merit: 100
Hobonickles HBN should be on the whitelist. Small but supportive community, Dev is awesome.  He's working on alot of good stuff, for example his RasberryPi client software.
I dont know what code is just copied and what he brought in himself but he knows what features are nice and gets them working before being implemented on any other coins I know of. If you have questions he's there to answer them.
You might want to take a look at: https://bitcointalksearch.org/topic/hobonickels-hbn-high-fast-stake-version-20-more-secure-less-intensive-303749
This is not a 0 post dev who made another pump and dump coin and moves onto the next when he sucked some btc from some people. The community doesnt whine about prices which is also realy refreshing when you read through the posts.
I hope someone with more insight into the technical stuff will post here aswell as for me this is the most overlooked coin out there.

Also DRK might be a canditate. And Myriad coin. As I dont know if they were the inventors of their unique features and properties I leave it to someone else to explain or get them on the whitelist.

And I would like to add that you shouldnt measure the usefullness of a coin just on a small technical innovation but also by its community and developers. At least for me those 2 are the most important part.
I'm a miner. When I mine a coin I dont think about getting rich quick so I dont mine purely on profit, althou I made some good deals along the way.
hero member
Activity: 658
Merit: 503
Monero Core Team
Which altcoin released the first multipool paying in altcoins? Was it blackcoin, litecoin, or another one?
blackcoin; add it
litecoin: update it
another one: add it

Add on grey list if it is its only virtue. arguably whitelist if it very recent and money-making

IMHO
legendary
Activity: 1456
Merit: 1000
Good effort OP.

Obviously whitelist: Darkcoin and Anoncoin

Reasons for both: active devs, active community, trying to innovate with new privacy and security features


* Darkcoin has invented a new hashing algo that fixes problems KGW. DGW is now being copied by other coins.
* Darkcoin uses x11 hashing which uses 30%-50% less power than scrypt while being effective and simple to deploy.  This is now being copied by other coins.
* Darkcoin is maintaing an anti-asic stance and a focus on decentralization. Even Adam Back whose hashcash is used in the Satoshi paper is worried about bitcoin centralisation and the ease with which governments can now get court orders and impact the bitcoin network.
* Darkcoin is implementing DarkSend which is anonymity from the blockchain from within the wallet. The average person will be able to send payments without their details being linked to transactions next week, next year or 20 years from now.
* Darkcoin miners are mining and keeping their coins, not mining and trading them in for bitcoin.
* Darkcoin is making all its improvements open source and other alt-coins are now starting to follow its lead.
* Darkcoin wants to enable all other coins to interact with its anonymity features, it doesn't want to compete with them. Darkcoin is a catalyst.

Which bit of the above doesn't merit attention?

Actually, as a darkcoin miner, I'd rather you didn't put it on the list just yet. That is what you would call the anti pump-n-dump supporter.
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