Bitcoin Forum

Does anyone have a good idea for distributing a PoS only coins for free? The distribution needs to be widespread and free and there needs to be robust mechanisms in place to prevent fraud such that one person only gets one payout. Using Bitcointalk usernames is just too limited and using IPs seems unreliable so what can be done?

Why to give coins for free are you idiot ? Make an IPO !!!

People do not value "free" stuff.

Share drop on bitcoin addresses

Proportional to the amount of BTC on this addresses to prevent scams.  

Like CLAM?

It will be an experiment in distribution. There are enough IPOs already I would suggest...

But anyway, great suggestion, never been tried before...

The CLAM like distribution is probably one of the best way, but still GCoin had the best distribution method. They used a mobile (Android and IOS) slots application rigged to win quite often so you got your coins according to the "effort" you've put in playing. That was the most entertaining distribution I've ever participated :).

The funny part of this is that is real. I mean a lot of Free Distribution coins failed because 1,claimers dumped in 2 minutes after the coin hit an exchange, 2, nobody wanted to buy after, cause they will buy practically "nothing".
Low price ICOs could work i guess

navigate to

HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Cryptography

“MachineGuid”. This key is generated uniquely during the installation of Windows.

The problem with clams is it relies on people owning the currencies used to create drop addresses so such giveaway is initially skewed towards coin holders.

How about selecting a bunch of likely coins, then filtering out a certain balance range to remove dust, exchanges, and excessive pre mines.

Another system would be to require some proof of something, captcha coin for example used filling out captchas as the work alternative.
It would be interesting to do an adclick system as long it isn't gameable.

Yeah but this method doesn't filter out sockpuppets, which is the major problem of the distributions i guess

The Machine GUID is fixed in the registry, but is changable if you have admin privileges. MachineGuid was quite often an issue when someone deployed several machines from a Ghost image, to resove these issues people made several scripts to change the GUID.

I'm not sure what you're talking about. Using previous coin addresses is not gameable by sock puppets, neither is requiring captcha's.

Using addresses is 100% reliant on someone owning some coins.
Using captcha's is 100% reliant on someone doing a repetitive and is a human reliant task.

It amuses me to consider creating 10 different low user interest coins with careful consideration to make them unappealable to exchanges, thereby not being listed at all. Then using those 10 coins for address based distribution.

I was speaking about that captcha idea. How can you filter a sockpuppet with a captcha?  Or i just misunderstood you about this

I understand you now, I was considering using them as a faucet style captcha where you could sit there for 6 hours clicking on them, as opposed to single captcha per user - in which case sock puppet mania indeed.

You can try distributing it per email address associated with the coin address or maybe facebook account just like how STR were distributed. i like the first part however.

or you can just run a dice game and for each user who has the address stake can receive.

With the email address distribution it's the same problem with sock puppets. The Facebook method wouldn't work because people around cryptos doesn't really use facebook. IF we speak about social networks from crypto-perspective Twitter is the leader.

No matter which distribution model you gonna choose, there will always be persons which call it unfair.
The best model is indeed to distribute the coin equally to a fixed amount of people.

Thats exactly it, the only problem is to uniquely identify these people and make sure that one person only gets one payout. No matter what you do it seems that people will be able to make several accounts and pretend to be different people etc. unless you start asking for ID which is not going to work.

So, I have been thinking along the lines of some sort of system where the wallet is "licenced" i.e. has a unique "licence" number or generates a hash from some collected data on the host computer and uses that to create the coin addresses in such a way that every coin address contains a string which is unique to that particular wallet. Does that make sense?

That should make it hard to fake, you would need two or more computers.

Why won't that work?

My other idea is to make the recipient consume a resource which is more expensive than the current market value of the tokens distributed, e.g. verified mobile numbers. But apparently in some locales, mobile numbers can be obtained for free in unlimited quantities (or am I mistaken about that?).

That is interesting and something to look at. I said it won't work because I believe most people are sceptical about giving their ID and I think I would loose a lot of people in that way. Also, I would have no meaningful way of verifying any ID but just assume that it was real etc. You mean verified mobile numbers as in some kind of verification code by text message?

IMO very few would unveil this identity and personal informations around here

Nothing. IDs are necessary like Aurora coin.

no one is giving ids to anyone. users are all about anonymity.

I am somewhat against the idea of asking people for ID and there may be some issues around that. I was thinking of using WhatsApp as a distribution tool. As far as I can understand you will need a smart(ish) phone to run WhatsApp and it's linked to your phone number. So you set up a WhatsApp for the coin and users could register through a WhatsApp message. You would then need two (or three) working phones to be able to claim twice and that would be restrictive for most, at least in the beginning before a coin has any real value. WhatsApp is free and it's in use world wide. Any observations on WhatsApp as a distribution tool?

I think there is a way to read the phone's software ID number under Android but it is deprecated. And I think the user can hack this ID number.

Some telcoms employ a simmcard which for example here in the Philippines can be purchased for less than $1. Thus attainnig many phone numbers (for the same phone) is not very expensive.

You'd need some way through the telcoms to verify the unique hardware ID of the phone (the one that can be used to track the phone if it is stolen). Does WhatApp do that?

I do not see something bad with the IDs. In an ideal democratic society the finances must be clear and open.

This is hardly an ideal democratic society and it's full of all sorts of fraudsters. Another idea would be a face-to-face on Skype to register and get coins. We see your face but you don't need ID. Also, why not have only one unique "coin address" per wallet with no option to create another address and instead have a 'comment' field to designate who and to/from if you wish.

You can't remember all the faces. You would need face recognition technology, but maybe that can be gamed as well.

Big toe prints are unique to every person, and not generally used by law enforcement, so no privacy implications.

Applicants upload a photo of their toe scan, which in theory could be scanned using regular fingerprint matching software for duplicates/scammers.

Once the distro was completed the toe prints could be deleted permanently

That skype idea isn't that bad :D

Some coins need permanent distro because they have demurrage (e.g. freicoin) or non-fixed supply.

I can see a new business opportunity over here. Black Big Toe Market - Buy your new personality - Buy a big toe print

What about dna fingerprint?

What about retina deposit. Wee keep your retina until distribution is over.

haha ... in all seriousness, assuming a project could acquire and use fingerprint scanning software, then big toe scans might work. What opportunities for abuse are there? Probably only someone taking toe prints from disabled & elderly people in nursing homes, and that'd require physical access to the sockpuppet toes (for taking prints and cleaning off the ink). I can't see too many scammers bothering. Also, toe scans still need to be uploaded, so all regular checking for IP's and browser signatures etc would be done.

I think toe scans is too cumbersome for scammers, but viable for genuine applications. Plus great marketing potential :)

Photoshopped big toe prints.

The scanner is at a distance. You can't prove it was used.

The chin that looks like a vagina (https://www.youtube.com/watch?v=B0gQSoCgDdE) is a I think instructive. I'd photoshop my shaved testicle with a big toe print to see if I could fool the system.