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Topic: What about a new coin with a complete different concept: (Read 760 times)

full member
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Transactions Galore! I'm Rich Biach!!



No! Please read my posts above.
full member
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What about a coin where the money supply will not provided by mining? What about a coin where the money supply will be provided by the transfer of a coin? That means: every time when a coin will be spend there will be a bonus for the one who spend the coin. For instance when somebody buy something for coins, he only pay 99% of the price but the salesperson will get the whole 100%. That would be an incentive that the coin will be spent and not leave in the wallet. The thing is that it has to be ensured that one person will have only one address, or that all addresses of one person are linked together. I think it could be a way to make a coin successful.

It would be a kind of freecoin, but nobody lose their money in the wallet. The more the coin will be used the more the coin will be inflated. And when the coin will be used more and more the inflation will be needed to supply enough coins for all payings.

What are your ideas? Is it possible to implement such a coin?

Sorry for my bad english.


that is purely inflationary.  you need some way of destroying money supply as well. 


No, in my opinion it is not. Because the more the coin will be used the more the coin will also be needed.

And additionally: When all the coins created so far were spent one time, the money supply will increase by only 1%. (once again: only when ALL coins were spent ONE time.)
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Then I will get some friends (or a "pool" on the Internet), where all the People are automatically sending coins to the next one ...


It has to be ensured that the same coin must not come back to the same wallet within a definite timeframe.
legendary
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May Bitcoin be touched by his Noodly Appendage
You just divided by zero
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Or: one person will not have more than one address.

mmhmm
hero member
Activity: 798
Merit: 531
Crypto is King.
What about a coin where the money supply will not provided by mining? What about a coin where the money supply will be provided by the transfer of a coin? That means: every time when a coin will be spend there will be a bonus for the one who spend the coin. For instance when somebody buy something for coins, he only pay 99% of the price but the salesperson will get the whole 100%. That would be an incentive that the coin will be spent and not leave in the wallet. The thing is that it has to be ensured that one person will have only one address, or that all addresses of one person are linked together. I think it could be a way to make a coin successful.

It would be a kind of freecoin, but nobody lose their money in the wallet. The more the coin will be used the more the coin will be inflated. And when the coin will be used more and more the inflation will be needed to supply enough coins for all payings.

What are your ideas? Is it possible to implement such a coin?

Sorry for my bad english.


that is purely inflationary.  you need some way of destroying money supply as well. 
Transactions Galore! I'm Rich Biach!!
hero member
Activity: 714
Merit: 500
What about a coin where the money supply will not provided by mining? What about a coin where the money supply will be provided by the transfer of a coin? That means: every time when a coin will be spend there will be a bonus for the one who spend the coin. For instance when somebody buy something for coins, he only pay 99% of the price but the salesperson will get the whole 100%. That would be an incentive that the coin will be spent and not leave in the wallet. The thing is that it has to be ensured that one person will have only one address, or that all addresses of one person are linked together. I think it could be a way to make a coin successful.

It would be a kind of freecoin, but nobody lose their money in the wallet. The more the coin will be used the more the coin will be inflated. And when the coin will be used more and more the inflation will be needed to supply enough coins for all payings.

What are your ideas? Is it possible to implement such a coin?

Sorry for my bad english.


that is purely inflationary.  you need some way of destroying money supply as well. 
legendary
Activity: 1274
Merit: 1050
Nice try though Wink
member
Activity: 107
Merit: 10
Then I will get some friends (or a "pool" on the Internet), where all the People are automatically sending coins to the next one ...
full member
Activity: 167
Merit: 100
What about someone controlling two addresses and sending money back and forth between them ? Smiley

all addresses for one person have to be registered or linked to each other. Or: one person will not have more than one address. And ... it has to be ensured that the same coin must not come back to the same wallet within a definite timeframe.
full member
Activity: 126
Merit: 100
What about someone controlling two addresses and sending money back and forth between them ? Smiley
full member
Activity: 167
Merit: 100
What about a coin where the money supply will not provided by mining? What about a coin where the money supply will be provided by the transfer of a coin? That means: every time when a coin will be spend there will be a bonus for the one who spend the coin. For instance when somebody buy something for coins, he only pay 99% of the price but the salesperson will get the whole 100%. That would be an incentive that the coin will be spent and not leave in the wallet. The thing is that it has to be ensured that one person will have only one address, or that all addresses of one person are linked together. I think it could be a way to make a coin successful.

It would be a kind of freecoin, but nobody lose their money in the wallet. The more the coin will be used the more the coin will be inflated. And when the coin will be used more and more the inflation will be needed to supply enough coins for all payings.

What are your ideas? Is it possible to implement such a coin?

Sorry for my bad english.
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