Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: hughperman on April 22, 2013, 08:06:50 PM



Title: Concept Altcoins
Post by: hughperman on April 22, 2013, 08:06:50 PM
I thought up a few Altcoins when I was half asleep the other day, let's see if I can remember them:

CacheCash
A cannon is built in a locality. GPS caches are fired from the cannon. Inside the cache, when found (as difficulty increases, indicators on website become more and more vague), an RFID tag will hold a 1024-bit redemption code which, when entered, finds a block.

Fitcoin
Proof of work is based on measurement your movement during the day. To get more money, you get fitter.

LagCoin
Proof of work is based on the amount of time it takes your computer to connect to a server. As difficulty increases, it will need longer and longer ping times to successfully find a block. Try GPUing that ;)

MetaCoin
Proof of work involves buying and selling MetaCoin. Hard to get this one started!



Title: Re: Concept Altcoins
Post by: fitcoin on June 06, 2014, 12:00:24 PM
I quite liked your idea :) do you wanna chat on what we can improve on Fitcoin?


Title: Re: Concept Altcoins
Post by: Mikez on June 06, 2014, 12:05:25 PM
Fitcoin... well, that was fast!