Topic: [xpost] Seeking C++ Developer for new innovative cryptocurrency project. (Read 729 times)
April 20, 2013, 10:17:42 AM
tell us more please. Your first post sounds doesn't explain a whole lot on how this coin without mining and transaction fees would work in the first place. it's all quite vague atm
April 20, 2013, 10:11:48 AM
Where is the whitepaper?
April 20, 2013, 09:34:49 AM
There's tons of coins that only marginally changes something - rewards, hashing algorithms, etc. There's innovative coins that adds things like Proof of Stake, but it does it in their way with flaws. There's cool and innovative but centralized cash ins like Ripple. There's also a spot for a non PoW, non PoS, and non centralization/validators/web of debt/checkpointing coin.
Features
No waiting an indeterminable amount of time for your transaction to confirm.
No "dedicated miners" - mining is incredibly cheap yet spam proof, and there's no reward/incentive/transaction fee because the barrier to mining is a Raspberry Pi.
No transaction fees. You can choose to pay for additional double spend protection.
No centralization of any kind! In fact, it's more decentralized than bitcoin because of the practically nonexistent barrier to entry for mining, and the lack of mining pools.
Cool and fitting name, awesome four letter domain name.. On the scale of "PayPal", not "Bytecoin".
OK - so why is this in services?
We need a fluent C++ developer to implement the changes as a fork to bitcoin. It's not complex and the scope of the change is like PPCoin's, but the actual concept is different.
Would this help bitcoin?
When this is shown to be a better model, Bitcoin can migrate to it after the PoW subsidy drops to zero. Or even now - because you're tired of waiting a hour or sometimes days for bitcoin deposits to confirm, right?
So - contact me if you'd like to help
Features
No waiting an indeterminable amount of time for your transaction to confirm.
No "dedicated miners" - mining is incredibly cheap yet spam proof, and there's no reward/incentive/transaction fee because the barrier to mining is a Raspberry Pi.
No transaction fees. You can choose to pay for additional double spend protection.
No centralization of any kind! In fact, it's more decentralized than bitcoin because of the practically nonexistent barrier to entry for mining, and the lack of mining pools.
Cool and fitting name, awesome four letter domain name.. On the scale of "PayPal", not "Bytecoin".
OK - so why is this in services?
We need a fluent C++ developer to implement the changes as a fork to bitcoin. It's not complex and the scope of the change is like PPCoin's, but the actual concept is different.
Would this help bitcoin?
When this is shown to be a better model, Bitcoin can migrate to it after the PoW subsidy drops to zero. Or even now - because you're tired of waiting a hour or sometimes days for bitcoin deposits to confirm, right?
So - contact me if you'd like to help
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