Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: FibonacciCoin on January 17, 2017, 10:39:12 PM



Title: Fibonacci Fork
Post by: FibonacciCoin on January 17, 2017, 10:39:12 PM
The Bitcoin fork could be called a Fibonacci Fork  :o


Title: Re: Fibonacci Fork
Post by: ArcCsch on January 17, 2017, 10:49:26 PM
I'm confused, do you understand the difference between forking and halving?


Title: Re: Fibonacci Fork
Post by: franky1 on January 17, 2017, 10:54:55 PM
i think we need to go back to the old forum feature that people are locked in newbie jail for a bit.

it gives them time to read and understand and learn


Title: Re: Fibonacci Fork
Post by: ArcCsch on January 17, 2017, 11:03:34 PM
Some newbies to the forum may have knowledge about bitcoin, just the fact that they did not join the forum does not mean they are newbies to bitcoin as a whole.
Newbie jail (I assume this means confining newbies to "beginners and help") would discourage knowledgeable bitcoiners from joining the forum.
On an unrelated topic (I hope this does not count as spam), I have 5.1 testnet coins from the faucet (http://tpfaucet.appspot.com/), does anyone want them?
I will PM private key, be sure to send them back to n2eMqTT929pb1RDNuqEnxdaLau1rxy3efi when you are done.


Title: Re: Fibonacci Fork
Post by: FibonacciCoin on January 18, 2017, 02:27:33 AM
Although the "Golden Fork" or "Fibonacci Fork" can be used in it's most simplistic format which is simply multiplying the circulation by the golden ratio and rationing the extra coins for the purpose of inflation, there are more subtle techniques that can be employed in smaller increments while at the same time maintaining the relationship to the golden ratio. in the case of bitcoin which has a circulation of 21,000,000 we have several Fibonacci increments to work with below the 13,000,000 coins. Namely 8, 5, 3, 2, and 1 Million.

http://frass.woodcoin.org/the-saga-of-the-lukeaudi-fibonacci-relation/

This conversation I had with funkenstein_ of woodcoin shows a relationship to the Fibonacci numbers that I think is relevant and could potentially shed more light on other smaller, more incremental, changes that could be implemented over a time period while ultimately achieving the same ratio.


Title: Re: Fibonacci Fork
Post by: memequiserle on January 18, 2017, 04:36:50 AM
I think if you want create new coin, or you want dev coin
you must incraese youre rank
if youre rank is high can get trust and easy develop community coin user

altcoin must develop coin user, without community, this coin can die, and nothing transaction in exchanger