Bitcoin Forum

Other => Beginners & Help => Topic started by: BTC4Amazon on April 26, 2013, 02:39:16 AM



Title: More Than Bitcoin
Post by: BTC4Amazon on April 26, 2013, 02:39:16 AM
So recently I have seen a lot of newbies completely oblivious to the fact that there is anything other than Bitcoins out there, so I thought I would quote a sticky from the Altcoin forum until they are able to get out and post there.

This is a reference and the following is not my work:
Couldnt find a list, so I made one.  [version 24.04.2013] available at http://newbitcoins.com

MAJOR:

-BTC Bitcoin -  first, strongest, most accepted, most mined, high volume market, a true currency
-LTC Litecoin -  second only to BTC , faster than BTC, Smaller efficiency gap between GPUs and CPUs , ASIC-hostile
-NMC Namecoin merged mined with BTC, used for alternative p2p domain system
-PPC PPcoin   Proof Of Stake [very innovative, low energy ] , compatibile with BTC miners

MINOR:

-TRC Terracoin based on BTC, fast difficulty adjustment, initialy flaved but corrected
-DVC Devcoin merged mined with BTC, 90% of generation goes to foundation, 10% to miners
-IXC IxCoin merged mined with BTC,  premined 580k coins but still alive
-NVC NovaCoin -  scrypt hashing[like LTC] , proof of stake [like PPC] , controversial start
-FRC Freicoin - back alive. 4.89% anual demurrage. for the first 3 years 80% block subsidy goes to foundation, 20% to miners

CANDIDATES:

-BTE Bytecoin- the 1:1 bitcoin copy, nothing changed. extremally high starting hype/hashrate.
-BBQ BBQCoin- forgotten after 51% attack on launch, now revived and active. super fast version of LTC.
-MNC Mincoin- similar to BBQ, but very bad launch giving 10% of all coins to insiders.
-FC FeatherCoin- LTC clone with 4x more coins. welcomed by community with big hashrate and superb reception.

DEAD / DYING :

-LQC Liquidcoin made to be very fast at constant difficulty, dead [pool closed, exchange closed]
-SC Solidcoin - dying (10-20% fee), designed to improove IxCoin, hard to be neutral on this one, 1.0 was a premine scam, 2.0 says BTC is pyramid scheme.
-GG Geist Geld experiment on BTC algorithm, how fast can it go? just for sience.
-TBX Tenebrix great idea of cpu-friendly mining with scrypt, but premined with 7.7milion coins - alive but little support due to premining
-FBX Fairbrix - Tenebrix without the premine, bad launch,  alive but little support.
-I0C I0coin - ixcoin without the premine. Dead
-CLC Coiledcoin - some nice ideas, but killed in 51% attack
-RUC Rucoin - copy of bitcoin, only difference is that it was developed in russian not english.than reborn much different, not confirmed if it is the same blockchain,  both scrypt[like LTC] and sha256d , nice client !warning! not opensource ! dying again
-TimeKoin - PHP webbased coin, alive but not used or traded.
-Beertokens -abitious [impossible?] try to stabilize price against commodity.
-MMM MMMcoin - Dead coin by notorious scamer SPMavrodi, named "yes we can" "my mozem mnogoye"

NOT AN OPENSOURCE COMMODITY CRYPTO COIN /  NEVER FULLY LAUNCHED:


eCash historical try for digital curency by David Chaum, operational but died. http://en.wikipedia.org/wiki/DigiCash
DigiCash was the company that made eCash . Possibly where Bitcoin came from.
Ripples (XRP) - http://ripple.com , no mining - all coins available at start 80% foundation, and 20% develeopers. centralized, not opensource. not designed to be a currency, but an IOU exchange. Very innovative and usefull, but "not a coin"
Amazon Coin - centralized private scrip launched by Amazon and pegged to USD, not cryptographic at all, just a name.
WEEDS never realy active and now dead - https://bitcointalk.org/index.php?topic=24209.msg300830#msg300830
Groupcoin - still alive but never realy active  https://bitcointalk.org/index.php?topic=24813.0 (https://bitcointalk.org/index.php?topic=24813.0)
Opencoin - opensource version of digicash, opencoin.org , not launched yet
RealPay  100% coins at start, centralized, never realy launched ,site is dead https://bitcointalk.org/index.php?all=;topic=62565.0
Qubic coins are produced at the rate determined by quorum of miners, not set by developers. Never launched.
Swiftcoin company operated, centralized and pegged, not opensource http://www.firstnationalbnak.com/faq

-------------------------------------end of list------------------------------------------------------

More information :

BTC Bitcoin - http://bitcoin.org/
 blocks every 10 min, 21 million coins will be available, difficulty adjustment 2016 blocks, hashing algorithm double-SHA-256, initial reward 50 coins
LTC Litecoin - http://litecoin.org/ ; https://bitcointalk.org/index.php?topic=47417.0
 blocks every 2.5 min, 82 million coins will be available, difficulty adjustment 2016 blocks, hashing algorithm scrypt  Reward 50coins per block
NMC Namecoin - http://namecoin.info/ ; https://github.com/vinced/namecoin
 hashing algorithm double-SHA-256 Reward 50 coins per block
PPC PPcoin - http://ppcoin.org/ ; https://bitcointalk.org/index.php?topic=101820.0
 blocks every 10 min, difficulty adjustment each block, hashing SHA-256
DVC Devcoin - https://bitcointalk.org/index.php?topic=34586.0
 blocks every 10 min, constant generation coins will be available, difficulty adjustment 2016 blocks, hashing algorithm double-SHA-256 Reward 50,000 coins per block,
TRC  Terracoin - http://terracoin.org/
 blocks every 2 minutes, 42 million coins will be available, difficulty adjustment 30 blocks, hashing algorithm SHA-256 Reward 20 coins per block
NovaCoin - had a controversial half-stealth launch,  premined 110k were destroyed,  still considered a scam by somebitcointalk.org  topic (https://bitcointalk.org/index.php?topic=143221.0) difficulty adjustment each block, hashing algorithm scrypt
FRC  Freicoin - http://www.freicoin.org/ ; https://bitcointalk.org/index.php?topic=89843.0
 10 minutes block, difficulty retargeting every 2016 blocks,
IXC Ixcoin - https://bitcointalk.org/index.php?topic=36218.0
 blocks every 10 min, 21 million coins will be available, difficulty adjustment 2016 blocks, Reward 96 coins per block

Bytecoin nice start with binaries available and no premine. may be a aprill fool's joke, but welcomed to comunity with big hashes.
 https://bitcointalk.org/index.php?topic=164569.0 http://www.bytecoin.in/ [future]
BBQ BBQCoin - https://bitcointalk.org/index.php?topic=93437.0 , http://bbqcoin.org/
 retarget every 60 blocks, 42 BQC reward, block every minute.
-MNC Mincoin- https://bitcointalk.org/index.php?topic=165397.0 ,
reward of ~1 milion coins on start , than 2 coins per block. block every minute.
-FC FeatherCoin- https://bitcointalk.org/index.php?topic=178286.0
reward 200 coins, retarget 4064 blocks,  total of 336 million coins

LQC Liquidcoin - https://bitcointalk.org/index.php?topic=60026.0
 blocks every 10 minutes, no cap on coin supply, Constant difficulty of 0.5, Coin reward drops over time to a minimum of 1 coin
Qubic - https://bitcointalk.org/index.php?topic=112676.0
SC Solidcoin - https://en.bitcoin.it/wiki/SolidCoin ; http://solidcoin.info/
GG Geist Geld - https://bitcointalk.org/index.php?topic=42417.0 ; https://github.com/Lolcust/GeistGeld
TBX Tenebrix - https://bitcointalk.org/index.php?topic=45667.0 ; https://github.com/Lolcust/Tenebrix
FBX Fairbrix - https://bitcointalk.org/index.php?topic=46528.0 ; https://github.com/coblee/Fairbrix
I0C I0coin - https://bitcointalk.org/index.php?topic=36425.0 ; https://github.com/kr105rlz/i0coin
CLC Coiledcoin - https://bitcointalk.org/index.php?topic=56675.0
RUC Rucoin - https://www.rucoin.org/ ;  https://bitcointalk.org/index.php?topic=48582.0 (https://bitcointalk.org/index.php?topic=48582.0)
difficulty adjustment 72 blocks, hashing algorithm SHA-256d and scrypt, Reward 50 coins per block
TimeKoin - http://timekoin.org/ - https://bitcointalk.org/index.php?topic=88467.0
-Beertokens - https://bitcointalk.org/index.php?topic=9493.0
MMM MMMcoin - site is dead ; 30s between blocks, retarget every 1440 blocks. 0.01 coin block reward, fees "shredder" feature, 51% protection. Abandoned by developers

--------------------------------Chronological list by Sunny King----------------------------------------------

Name       Symbol  Release   Author           
----------------------------------------
bitcoin       BTC     2009/01   satoshi         
namecoin   NMC     2011/04   vinced           
multicoin              2011/06   sacarlson
devcoin     DVC     2011/08   Unthinkingbit
ixcoin        IXC      2011/08   Nasakioto
solidcoin    SC       2011/08   CoinHunter
geist geld   GG      2011/09   Lolcust
tenebrix    TBX      2011/09   ArtForz, Lolcust 
rucoin       RUC     2011/10
fairbrix      FBX      2011/10   coblee
litecoin      LTC     2011/10   coblee
coiledcoin  CLC     2012/01   makomk
liquidcoin   LQC     2012/01   Nicksasa
timekoin              2012/06   knightmb
bbqcoin               2012/07   Cubox
ppcoin       PPC    2012/08   Sunny King     
qubic                  2012/09   Come-from-Beyond
terracoin   TRC     2012/10
freicoin      FRC     2012/12   maaku, jtimon
ripple        XRP     2013/01   jed/OpenCoin
novacoin   NVC     2013/02   Balthazar
bytecoin    BTE     2013/04   Maria 2.0
mincoin      MNC    2013/04
feathercoin  FC     2013/04   bushstar

Timeline list origin : https://github.com/ppcoin/ppcoin/wiki/History-of-cryptocurrency


Corrections / additions are welcome.
If You find any information or categorization here hurtfull, unjust or wrong for any coin, please correct me.
 
 thx for input : FuzzyBear , Sunny King, Balthazar ,DannyM , ripper234 and others

 
 


Title: Re: More Than Bitcoin
Post by: eyesore on April 26, 2013, 02:57:25 AM
It's a bit overwhelming that there are so many coins, I will check them out though Thanks


Title: Re: More Than Bitcoin
Post by: BTC4Amazon on April 26, 2013, 04:08:58 AM
It's a bit overwhelming that there are so many coins, I will check them out though Thanks
No problem each offers its own exciting opportunities


Title: Re: More Than Bitcoin
Post by: dKingston on April 26, 2013, 04:10:10 AM
Wow, so many coins. What if I created my own coins. How much I need to invest? If you can create a new coin just let me know.


Title: Re: More Than Bitcoin
Post by: Kennji on April 26, 2013, 04:11:53 AM
Wicked!!!


Title: Re: More Than Bitcoin
Post by: BTC4Amazon on April 26, 2013, 04:12:11 AM
Wow, so many coins. What if I created my own coins. How much I need to invest? If you can create a new coin just let me know.
No real money is needed to be invested unless you need someone to write the code for you. Then it will depends on the complexity


Title: Re: More Than Bitcoin
Post by: odolvlobo on April 26, 2013, 04:46:12 AM
Wow, so many coins. What if I created my own coins. How much I need to invest? If you can create a new coin just let me know.

It is not the way it seems. Bitcoin is much bigger than any of the others. Litecoin comes in a distant second, and the rest barely register. Here is a list of the market capitalization of some of the currencies.

CurrencyMarket Cap (BTC)
Bitcoin11079775
Litecoin   474137
PPCoin    43086
Namecoin    39232
Devcoin    10662
Terracoin    10101
NovaCoin     8915
Ixcoin     3258

https://i.imgur.com/pBQdBnb.png?1


Title: Re: More Than Bitcoin
Post by: dKingston on April 26, 2013, 05:27:49 AM
Wow, so many coins. What if I created my own coins. How much I need to invest? If you can create a new coin just let me know.
No real money is needed to be invested unless you need someone to write the code for you. Then it will depends on the complexity

I only need a clone of litecoins. What is price for this? I will just change the name.  I will invest on that coin. create a forum, marketplace like ebay, pools., exchanger, blogs, news and advertisement i will hype the new coin to its maximum.  


Title: Re: More Than Bitcoin
Post by: JoeJacksonJr on April 26, 2013, 05:44:27 AM
Wow, so many coins. What if I created my own coins. How much I need to invest? If you can create a new coin just let me know.

It is not the way it seems. Bitcoin is much bigger than any of the others. Litecoin comes in a distant second, and the rest barely register. Here is a list of the market capitalization of some of the currencies.

CurrencyMarket Cap (BTC)
Bitcoin11079775
Litecoin   474137
PPCoin    43086
Namecoin    39232
Devcoin    10662
Terracoin    10101
NovaCoin     8915
Ixcoin     3258


Niiiice chart

Puts things in to perspective



Title: Re: More Than Bitcoin
Post by: BitAddict on April 26, 2013, 05:49:50 AM
Thanks! Really interesting.


Title: Re: More Than Bitcoin
Post by: freigeist on April 26, 2013, 11:04:15 AM
Hello.

Thanks.
I was already following the discussions in the
Alternate cryptocurrencies subforum at last for a month.
Is pity that I can't post there yet as I registerd today.
There are lot of interesting currency concepts and ideas to disscuss there.


Title: Re: More Than Bitcoin
Post by: ice098 on April 26, 2013, 11:13:18 AM
Awesome


Title: Re: More Than Bitcoin
Post by: BTC4Amazon on April 26, 2013, 11:52:26 AM
Wow, so many coins. What if I created my own coins. How much I need to invest? If you can create a new coin just let me know.

It is not the way it seems. Bitcoin is much bigger than any of the others. Litecoin comes in a distant second, and the rest barely register. Here is a list of the market capitalization of some of the currencies.

CurrencyMarket Cap (BTC)
Bitcoin11079775
Litecoin   474137
PPCoin    43086
Namecoin    39232
Devcoin    10662
Terracoin    10101
NovaCoin     8915
Ixcoin     3258

https://i.imgur.com/pBQdBnb.png?1

Yes but you have to think of what bitcoin was like 3 years ago


Title: Re: More Than Bitcoin
Post by: bitcoin-index on April 26, 2013, 12:17:27 PM
wow what a fascinating thread and I will bookmark it.


Title: Re: More Than Bitcoin
Post by: bitpop on May 02, 2013, 11:37:38 AM
Bytecoin ftw


Title: Re: More Than Bitcoin
Post by: MellisaAnn on May 02, 2013, 11:47:58 AM
Bytecoin ftw

LOL


Title: Re: More Than Bitcoin
Post by: zocipro on May 02, 2013, 02:13:44 PM
Interesting.


Title: Re: More Than Bitcoin
Post by: furball on May 02, 2013, 02:37:29 PM
Will be interesting to watch these market cap figures over time and come back here to see where they were...interesting times!

I have to say, the steady rise of Litecoin has definitely peaked my interest.


Title: Re: More Than Bitcoin
Post by: tileownerco on May 02, 2013, 02:59:22 PM
Hi


Title: Re: More Than Bitcoin
Post by: incloudibly on May 02, 2013, 03:02:17 PM
Came first - took it all.


Title: Re: More Than Bitcoin
Post by: rainyn on May 02, 2013, 03:03:02 PM
Thanks for posting this!  As a newbie, I am struggling to take in all the information related to bitcoins.  Posts like this are really helpful.


Title: Re: More Than Bitcoin
Post by: Crindon on May 02, 2013, 03:07:48 PM
Do you like PPC or NMC better? They seem to be about the same.


Title: Re: More Than Bitcoin
Post by: LameCooter on May 02, 2013, 03:33:58 PM
I expect Litecoin catch up closer to BTC this year


Title: Re: More Than Bitcoin
Post by: BTC4Amazon on May 03, 2013, 12:50:55 AM
Do you like PPC or NMC better? They seem to be about the same.
I like the.bit part of namecoin

I expect Litecoin catch up closer to BTC this year
I believe it will rise but not that much

Thanks for posting this!  As a newbie, I am struggling to take in all the information related to bitcoins.  Posts like this are really helpful.
Thanks if you ever need help understanding something let me know


Title: Re: More Than Bitcoin
Post by: Ronan- on May 03, 2013, 02:09:05 AM
And now there is FTC and CNC
(feathercoin) and (CHNcoin, Chinacoin?)


Title: Re: More Than Bitcoin
Post by: BTC4Amazon on May 03, 2013, 02:40:09 AM
And now there is FTC and CNC
(feathercoin) and (CHNcoin, Chinacoin?)

Yeah IDK how well they will do in the future


Title: Re: More Than Bitcoin
Post by: Ronan- on May 03, 2013, 04:45:12 AM
And now there is FTC and CNC
(feathercoin) and (CHNcoin, Chinacoin?)

Yeah IDK how well they will do in the future

They seem to be ridiculously overvalued right now, but I guess that's expected. Although when I first noticed FTC I expected it to be almost worthless, yet its worth around .50$ right now... this market is going to crash fast


Title: Re: More Than Bitcoin
Post by: BTC4Amazon on May 03, 2013, 04:48:44 AM
And now there is FTC and CNC
(feathercoin) and (CHNcoin, Chinacoin?)

Yeah IDK how well they will do in the future

They seem to be ridiculously overvalued right now, but I guess that's expected. Although when I first noticed FTC I expected it to be almost worthless, yet its worth around .50$ right now... this market is going to crash fast
Depends on user base


Title: Re: More Than Bitcoin
Post by: cryptogoldstandard on May 03, 2013, 05:13:13 AM
What makes any crypto currency worth anything? I think it's the fact that people accept it as currency. Bitcoin definitely has a networking effect working in it's favor at this point. I'm also cautiously optimistic about Ripple XRP. They say the coin is just a way of validating the system, but is it really just that? The government could outlaw rogue currencies or launch attacks on exchanges that trade them such as Mt. Gox, but if the currency was disguised as something else, then it could possibly withstand legal assaults. Controlling the currency and money supply is a major source of power in the U.S. and every other country. I don't see governments giving up that power without a fight. Right now it's not a problem because it's too small. The implications of Bitcoin going mainstream are enough to give bankers, tax collectors and the government nightmares.


Title: Re: More Than Bitcoin
Post by: MiningUnited on May 03, 2013, 05:25:22 AM
Love the graph's. They provide a great visual to just how dominate BitCoin is. BitCoin will always be the king of the cryptocurrency world!


Title: Re: More Than Bitcoin
Post by: dashingriddler on June 05, 2013, 05:24:17 AM
Very interesting thread. This has made me to rethink about one of my ideas that i was willing to implement.