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Title: [ANN] First steps for a community coin Post by: MBible on March 24, 2018, 04:11:57 PM Hello guys,
I am willing to start developing, alongside you guys, a community based coin. So we gotta find answers to the following questions: 1. Consensus : POW only, POW/POS[MN], POW/POS[MN&Stacking], POS only 2. If POW, what algo would be best 3. Privacy coin or not? When we find answers to these questions, we can draw a team that fits the coin needs and i will announce the open positions. Thanks for your help and for your interest in building a decent community coin. Title: Re: [ANN] First steps for a community coin Post by: kamiyama on March 24, 2018, 04:24:30 PM POS only
Title: Re: [ANN] First steps for a community coin Post by: congatoiloi on March 24, 2018, 04:27:21 PM POW/POS[MN]
x11 Title: Re: [ANN] First steps for a community coin Post by: ryjin1007 on March 24, 2018, 04:33:14 PM xevan
Title: Re: [ANN] First steps for a community coin Post by: venit4u on March 24, 2018, 04:33:47 PM Reserved for mining pool.
Scrypt algo, POW with 365% POS, very low premine for coin development and listing fee should be fine. Title: Re: [ANN] First steps for a community coin Post by: MBible on March 24, 2018, 04:54:56 PM Reserved for mining pool. Scrypt algo, POW with 365% POS, very low premine for coin development and listing fee should be fine. I am not very found of premine for listing. Wouldn't be better to ask the community for the exchanges of their choice and then raise the funds from donations? Title: Re: [ANN] First steps for a community coin Post by: dkbit98 on March 24, 2018, 05:02:22 PM PoW + PoS hybrid (MN)
Algo Lyra2z (Zcoin use it) low premine Title: Re: [ANN] First steps for a community coin Post by: MBible on March 24, 2018, 05:47:27 PM If we are going to have POW and a coin that would be mineable by the whole community, i guess we gotta stay away from the algos that can be mineable by ASICs (i.e Scrypt, SHA-256, X11, Skein, etc.).
What do you think? Title: Re: [ANN] First steps for a community coin Post by: lucky626 on March 25, 2018, 01:03:22 AM Interested in understanding this project?
https://komodoplatform.atlassian.net/wiki/spaces/KPSD/pages/109641772/Komodo+Tutorial+-+Creating+Your+Own+Asset+Chain Title: Re: [ANN] First steps for a community coin Post by: True_Felek666 on March 25, 2018, 01:06:42 AM Any algo that's not ASIC friendly, or at best the algo that's CPU only. (YeScrypt)
PoW with Masternodes would be lovely. Title: Re: [ANN] First steps for a community coin Post by: ElhanAuzan on March 25, 2018, 01:25:31 AM PoS only 365%
Title: Re: [ANN] First steps for a community coin Post by: MBible on March 25, 2018, 01:49:11 AM Interested in understanding this project? https://komodoplatform.atlassian.net/wiki/spaces/KPSD/pages/109641772/Komodo+Tutorial+-+Creating+Your+Own+Asset+Chain Maybe the community will shoot some oppinions on implementing Komodo. I am curious how the ppl are receiving it. And of course i guess we need more answers for the first 3 questions. Title: Re: [ANN] First steps for a community coin Post by: AmoreJaz on March 25, 2018, 01:54:03 AM what you are trying to do is tame a beast! the idea is grand and very positive but it is so damn hard to get viable results from the crowd found here!
Title: Re: [ANN] First steps for a community coin Post by: MBible on March 25, 2018, 02:34:33 AM what you are trying to do is tame a beast! the idea is grand and very positive but it is so damn hard to get viable results from the crowd found here! I try to find out what are the most apreciated things in a coin and then i will try to involve the community in creating it. And i am sure that we all feel the need of a decent project, TRANSPARENT, FAIR and also that can provide UTILITY. |