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Title: Anyone interested in developing a newcoin that is fair to everyone? Post by: wisscot on May 05, 2013, 09:15:07 PM Which means there's no early adoption advantages.
PM me if u r interested. Title: Re: Anyone interested in developing a newcoin that is fair to everyone? Post by: BelMarduk on May 05, 2013, 09:21:24 PM How exactly would you do that? I mean, the people involved (say you and me) would have hash power ready for the get go. I don't have the knowledge or inclination to be part of the project, but dont see how the release of *any* crypto coin that needs to be mined, will not benefit early miners 100 fold later miners.
Title: Re: Anyone interested in developing a newcoin that is fair to everyone? Post by: mountaineer on May 05, 2013, 10:14:33 PM I'm interested.
Title: Re: Anyone interested in developing a newcoin that is fair to everyone? Post by: juicingapple on May 06, 2013, 02:49:32 AM Sounds like a good idea, I would be interested in helping develop it.
Title: Re: Anyone interested in developing a newcoin that is fair to everyone? Post by: dillpicklechips on May 06, 2013, 03:12:17 AM Which means there's no early adoption advantages. Not sure if possible. You could just have mass inflation. Then everyone loses over time. Why people would want that though? It's pretty much what fiat currencies are now. PM me if u r interested. Title: Re: Anyone interested in developing a newcoin that is fair to everyone? Post by: bobtlk on May 06, 2013, 03:15:20 AM Interesting!
Title: Re: Anyone interested in developing a newcoin that is fair to everyone? Post by: themgp on May 06, 2013, 03:46:52 AM Which means there's no early adoption advantages. PM me if u r interested. Why would anyone use this new cryptocurrency? The early adopter advantages were put in place to incentivize people to join the project. Even when Bitcoin traded for less than $1, miners still had to pay for electricity. AltruisticCoin won't be successful. Title: Re: Anyone interested in developing a newcoin that is fair to everyone? Post by: xschris on May 06, 2013, 03:53:08 AM There should be a currency CPU's can mine on spare power.
Title: Re: Anyone interested in developing a newcoin that is fair to everyone? Post by: sli on May 06, 2013, 05:59:16 AM There should be a currency CPU's can mine on spare power. Either exchange rates would be huge or they need to be hard to mine. Not that those are issues by themselves, nor is that particularly new information. It's just a tradeoff. Title: Re: Anyone interested in developing a newcoin that is fair to everyone? Post by: jasondrey13 on May 06, 2013, 06:04:09 AM Which means there's no early adoption advantages. PM me if u r interested. What kind of algorithm are you proposing? Title: Re: Anyone interested in developing a newcoin that is fair to everyone? Post by: Kazimir on May 06, 2013, 06:04:21 AM Interested, but I don't see how it's possible (especially not without other major disadvantages).
Besides, is early adopter advantage actually a problem? If yes: get into Bitcoin now, in the grand scheme of things and the enormous future potential that's still ahead of us, you are an early adopter. In the not so distant future, we'll all be considered lucky to have gotten into Bitcoin way below €1000! |