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Title: Introducing Platcoin, the platinum to bitcoins gold Post by: Stampbit on April 18, 2013, 04:55:56 AM Platcoins main feature is that only 100 coins will ever be made and the first two miners will get half of them, with a block reward that halves every 12 seconds. The upside is that each platcoin is divisible down to the .000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000th.
Go git em! Title: Re: Introducing Platcoin, the platinum to bitcoins gold Post by: Luckybit on April 18, 2013, 05:37:24 AM LMAO good joke.
Although the idea of a more scarce Bitcoin is actually a good idea because it could separate the speculators out. Title: Re: Introducing Platcoin, the platinum to bitcoins gold Post by: weex on April 18, 2013, 06:25:25 AM If you want to base the name on the rarest material on earth, go with IntelligenceCoin.
Seriously though, IridiumCoin. Title: Re: Introducing Platcoin, the platinum to bitcoins gold Post by: FuzzyBear on April 18, 2013, 06:31:24 AM If you want to base the name on the rarest material on earth, go with IntelligenceCoin. Seriously though, IridiumCoin. How about UnObtainiCoin - UOC .... could even have blue smurf logo 8) Title: Re: Introducing Platcoin, the platinum to bitcoins gold Post by: Shad3dOne on April 18, 2013, 06:32:42 AM no no no.
TungstenCoin.....it so hard to mine, its rare. Title: Re: Introducing Platcoin, the platinum to bitcoins gold Post by: jdebunt on April 18, 2013, 06:36:48 AM i'ld go for "NotACoin" tbh :)
Title: Re: Introducing Platcoin, the platinum to bitcoins gold Post by: qxzn on April 18, 2013, 06:41:05 AM On a related but slightly more serious note, has anyone made a coin whose block reward has completely paid out, i.e. all the coins have been mined and only transaction fees remain for miners?
Title: Re: Introducing Platcoin, the platinum to bitcoins gold Post by: Dabs on April 18, 2013, 09:01:26 AM Maybe you could make a TransactionCoin. Only tx fees are awarded to miners.
However, if the block reward is zero at the start, no one has any coins. If you make it stop after 1 month or 1 year or after the first 100,000 blocks, then only the early miners have the coin. If you make it so only the genesis block(s) have rewards, and the rest don't, then you have effectively pre-mined. One entity holds all the coins and sells them. It wouldn't work as well, because no one would buy it. Title: Re: Introducing Platcoin, the platinum to bitcoins gold Post by: markm on April 20, 2013, 01:02:59 AM On a related but slightly more serious note, has anyone made a coin whose block reward has completely paid out, i.e. all the coins have been mined and only transaction fees remain for miners? Yes, several in fact. But they failed to attract miners so ended up moving to Open Transactions for now until such time as their transaction volume is enough for transaction fees to be able to pay for mining. See http://galaxies.mygamesonline.org/digitalisassets.html -MarkM- |