I really likes me Freiexchange and FRC ($.007).
Anyway, I’m off the nets and I got stuff to do. :/
Forget about freicoin.It's going nowhere.I had a sell wall there that hasn't been touched in months and with the liquidity on that exchange I could bounce it up and down like a yo-yo if I wanted with only a few btc.
Now back to bizness regards IXcoin.
How does it make any difference having 42m coins as opposed to 21m exactly?If you are talking about global adoption for any currency 42m is also just a drop in the ocean.It is akin to putting 2 sandbags up against a dam breach instead of only one.Two is as useless as only one so why waste time and effort on something that means nothing and will not be an effective solution?
42m coins I assume is a reference to some crypto babble from the "duality" paper?This was simply a reference to the number 42 as having some mystical significance nonsense or related to some babble from "Hitchhikers guide to the galaxy" and nothing more.
If you were to merge 2 coins with 21m supply then how does this make any difference if both coins are mined already?Where is the incentive to keep secure the network with such high diff unless tx volume is large enough for tx fees to be attractive?
How are peoples coins on both chains converted to this "new" coin without losing the coins integrity?
THe other basic argument is against deflationary V inflationary.PoW is essential for the former and PoS would satisfy the latter and it is nesscessary for inflation at a rate that matches an economy for a currency to work effeciently/effectively but nobody would buy into coins like say freicoin due to the way they have negative interest or demmurage as a way of enforcing spending and rewarding miners if they wish to see same currency as an investment.For any form of currency both satisfying RoI and inflation then it would have to be PoS or deflationary then PoW.
PoS can work if distribution is fair but if not then it simply caused another attack vector on security from someone eventually owning over 50% of the supply.Highly unlikely of course but plausable taking us back to the original PoW algo as the best option but this then reverts back to the original question.How do you think anything will be any different joining 2 coins together when both are already mined and have the same supply?
weeeeeeeeeeeeeeeeeeeeeee
