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Title: After the CHNCoin... Post by: Ilocans on May 02, 2013, 12:01:34 PM I propose other currencies like
FRACoin for the French coin or the EURCoin the eurpoean GPBCoin for the Pound coin CDNCoin for the canadian coin ... One for each country, no ? Title: Re: After the CHNCoin... Post by: markm on May 02, 2013, 12:05:32 PM We already made United Kingdom Britcoin (UKB) and Canadian Digital Notes (CDN) years ago.
Turned out there was not enough hashing power to secure them adequately so they have temporarily switched to using Open Transactions instead of blockchains, for security. Someday when transaction volumes are high enough for transaction fees to be able to support enough merged-mining, they will be able to move back to blockchain format. But in the meantime, blockchains are simply way too insecure. (Or another way of looking at it is blockchains are simply way too insanely massively ridiculously expensive.) -MarkM- Title: Re: After the CHNCoin... Post by: Frizz23 on May 02, 2013, 12:31:44 PM I propose the EuroCoin. Greeks, Cypriots and Portuguese are not allowed to mine it ;)
Later on Italians, Spaniards and French are excluded as well. Once only Dutch, Austrians and Germans mine it, it shall be renamed to BailoutCoin. |