Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: KingScorpio on October 21, 2017, 08:06:39 PM



Title: Looking for Miner network
Post by: KingScorpio on October 21, 2017, 08:06:39 PM
i am currently developing a new type of cryptographic currency with special features,

i am describing them not as coins but as sources.

sources must be generative, and powered by value generating infrastructure, i am quite an expert on infrastructure real estate industry and have good contacts to it,

i could use a specially desgined cryptocurrency row called sources or entities, that is specially designed for infrastructure upkeep and the upkeep of vale generating sources.

mining is little bit more complicated because we have to ensure a generative longterm balance.

i am not going to post the website and all those art pictures yet but would be happy if i would find interested people here already.

ethereum is my current plan to use, but it has longterm unsecure transaction costs.

regards


Title: Re: Looking for Miner network
Post by: puwaha on October 21, 2017, 08:30:10 PM
If you are looking to create a mining ecosystem, then it might be best to fork one of the existing coins and use the hashing algorithm that makes the most sense for you.  Existing algorithms are plentiful, but they have different characteristics.  You'd want to decide if you want an ASIC-resistant algorithm or want to embrace them.

If you are just looking to "tokenize" a product or transactions, then it's probably easier to create your own token based off of Etherium's ERC20 standard or other token platforms like Waves.  Tokens are typically not able to be mined, so the ecosystem should be planned and considered carefully.


Title: Re: Looking for Miner network
Post by: KingScorpio on October 21, 2017, 08:38:09 PM
If you are looking to create a mining ecosystem, then it might be best to fork one of the existing coins and use the hashing algorithm that makes the most sense for you.  Existing algorithms are plentiful, but they have different characteristics.  You'd want to decide if you want an ASIC-resistant algorithm or want to embrace them.

If you are just looking to "tokenize" a product or transactions, then it's probably easier to create your own token based off of Etherium's ERC20 standard or other token platforms like Waves.  Tokens are typically not able to be mined, so the ecosystem should be planned and considered carefully.


thats nice, info,

ethereum waves are interesting, i dont know however how stable the long term future transaction costs will be, and weather people will accept and use them as a regular currency....the ether speculants that artificially limit the supply of ether are making me concerns...

regards