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Topic: TrueCoin <-- coin with moderate inflation - page 2. (Read 5648 times)

sr. member
Activity: 294
Merit: 250
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
I am interested in this coin too. I like the proposal for a different algorithm. Count me in for the premine!!  Roll Eyes Roll Eyes
legendary
Activity: 1652
Merit: 1016
Ok. )
We;ll play by your rules trolls !

Since this post all NEW posts about
"premine unfairness" we'll delete...

And then we won't premine truecoins... Wink




Oh dear. Now centralized censorship. You asked what the community thought. We told you. Sorry it's not what you wanted hear.
newbie
Activity: 42
Merit: 0
I'm interested premine or not, mostly because of the different algo.
full member
Activity: 168
Merit: 100
This thread just got kinda sad.   Cry  Oh well, on to the next AltCoin.

What did we learn from this one?
aa
hero member
Activity: 544
Merit: 500
Litecoin is right coin
.
newbie
Activity: 56
Merit: 0
You shouldn't get upset over minor things (miner things?)  Premine is not an important or enduring feature of the coin -- in the long run, what difference does it make?  Plus, if you think about it, merely announcing on this forum lets everyone go and mine their own coins.  I don't mean to criticize, but that sounds more fun to me, like an Easter egg hunt.  Just look at the big splash that some other new currencies made around here without premining.  They start with a bang!  Anyway, as a founder you will be there mining your own coins along with the rest of them.  Nothing prevents this.
legendary
Activity: 1652
Merit: 1016
@Overflow
Tomorrow we'll decide what to do with you in this thread. Wink

Looking forward to it. Huh
sr. member
Activity: 252
Merit: 250
Everything about this sounds interesting, but the second you premine any coins, you will lose credibility, and ruin the economic chances of the coin.
jr. member
Activity: 42
Merit: 1000
@ALL complaining about premine...
Premine is GOOD (almost as good as greed !)

We'll DISTRIBUTE 90+% of the premined coins
for free !
You do like free lunch, or don't you ?!
Just enjoy coins' windfall ! Wink

Also , please we'll broke that pattern of yours,
 (THIS IS INFLATIONARY COIN),
so, nothing to hoard...
Spend TC as fast as you can !
-----
About "good" and "evil" members...
Trolls are NOT good members... Wink



legendary
Activity: 1316
Merit: 1011
@ALL complaining about premine...
Premine is GOOD (almost as good as greed !)

We'll DISTRIBUTE 90+% of the premined coins
for free !
You do like free lunch, or don't you ?!
Just enjoy coins' windfall ! Wink

Also , please we'll broke that pattern of yours,
 (THIS IS INFLATIONARY COIN),
so, nothing to hoard...
Spend TC as fast as you can !
-----
About "good" and "evil" members...
Trolls are NOT good members... Wink





Thought your project was promising until you made this post.


+1
jr. member
Activity: 42
Merit: 1000
@tacotime

Thanks for the link !
We've read about FPGA/ASIC impl.
 for this hashes.
All we can say : ATM there is no
 ready for use device (for Skein/BMW)
, and this is good !
>>> A GPU implementation would be trivial.
Maybe or maybe not ?!
According to this paper :
http://upcommons.upc.edu/pfc/bitstream/2099.1/7933/1/Masteoppgave.pdf
GPU implementation not faster the
 CPU one.
legendary
Activity: 1652
Merit: 1016
You do like free lunch, or don't you ?!
Just enjoy coins' windfall ! Wink

There is no free lunch !

This going from bad to worse.  Cheesy
legendary
Activity: 1118
Merit: 1004
@ALL complaining about premine...
Premine is GOOD (almost as good as greed !)

We'll DISTRIBUTE 90+% of the premined coins
for free !
You do like free lunch, or don't you ?!
Just enjoy coins' windfall ! Wink

Also , please we'll broke that pattern of yours,
 (THIS IS INFLATIONARY COIN),
so, nothing to hoard...
Spend TC as fast as you can !
-----
About "good" and "evil" members...
Trolls are NOT good members... Wink





Thought your project was promising until you made this post.
legendary
Activity: 1652
Merit: 1016
We'll DISTRIBUTE 90+% of the premined coins
for free !
Only 90%? What happens to the other 10%?

No premining and they get distributed automatically anyway.
legendary
Activity: 1652
Merit: 1016
(3) There will be some premine,
    distributed for free to good
 forum members only.

Oh dear. Epic fail. Avoid.
full member
Activity: 140
Merit: 100

 (3) There will be some premine,
    distributed for free to good
 forum members only.
 


how about the name "premine coin", so everyone knows not to waste their time.
legendary
Activity: 1118
Merit: 1004

 (3) There will be some premine,
    distributed for free to good
 forum members only.
 


I advise against this ...

Even though the premine is for a "good purpose", people would still hate it.
How do you define "good forum member"? Many will resent you for not falling into that special category.
It's better to not touch politics and not to try to buy old forum members, just don't do any premine at all.

full member
Activity: 265
Merit: 100
Premining isnt a good idea imo, most westerners have stayed away from novacoin for that very reason. Is this simply so the drvelopers have a greater chance of profiting. And what makes you think some forum members are morw deserving of receiving priproty?
legendary
Activity: 1484
Merit: 1005
There are already FPGA implementations of both SKEIN-256 and BlueMidnightWish-512, they both run fairly fast.  A GPU implementation would be trivial.

I'm working on a more FPGA/ASIC proof hash algorithm for MC2, you can use that when I'm done with it if you want.
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