Author

Topic: What features make an alt coin good and of high quality? (Read 434 times)

legendary
Activity: 896
Merit: 1000
Want to make a great alt coin? Then actually create one!

No forks, or clones, or stuff like that. Design a unique protocol, design a unique monetary supply, and create unique key features.

But then again, you could just make it meme-tastic and you may have tons of people flock to it...
full member
Activity: 378
Merit: 102
Not going to happen, just give up now please.
full member
Activity: 210
Merit: 100
I'm looking to design and code an alternate cryptocurrency that is made for the people and by the people.  Leave all your suggestions of features for an alt coin below!

One that doesn't go down  Wink
newbie
Activity: 14
Merit: 0
On my checklist:

1. Scrypt Jane POW (to avoid botnet armies) and maybe a tiny little POS to avoid 51% attacks
2. Widescale adoption - auroracoin type distribution
3. Anonymity protocol built in if possible
4. Would be excellent if someone could just build exchanges into the mining pools itself to allow miners to directly sell to the public in a distributed fashion
5. Competent devs to promote community awareness, develop wallets and merchant tools - plus capacity to properly check id cards to avoid fraud when airdropping coins
6. Kimoto Gravity Well
7. Premine but only for national distribution


Great tips! I especially like the idea of an exchange built into the mining pool.
full member
Activity: 140
Merit: 100
On my checklist:

1. Scrypt Jane POW (to avoid botnet armies) and maybe a tiny little POS to avoid 51% attacks
2. Widescale adoption - auroracoin type distribution
3. Anonymity protocol built in if possible
4. Would be excellent if someone could just build exchanges into the mining pools itself to allow miners to directly sell to the public in a distributed fashion
5. Competent devs to promote community awareness, develop wallets and merchant tools - plus capacity to properly check id cards to avoid fraud when airdropping coins
6. Kimoto Gravity Well
7. Premine but only for national distribution

newbie
Activity: 14
Merit: 0
I'm looking to design and code an alternate cryptocurrency that is made for the people and by the people.  Leave all your suggestions of features for an alt coin below!
Jump to: