Bitcoin Forum

Actualized information - Dec-11-2013

We are a group of programmers, cryptographers, historians, sociologists and traders with the objective to create a new altcoin.
We are calling to anyone whom like to participate and be part of this group.
a) First objective of the plan: move in the top 20 and have a lot of fun.
http://coinmarketcap.com/

Ideology
 - Decentralized design
 - Pre announcement launch
 - 0 premine
 - Focusing in community building
 - Taking decision for the coin in a meritocratic and democratic way
 - Risk takers: we are here to innovate

Technical characteristics
 - Multi hashing algorithm
 - asic resistance
 - fixed number of coins


* we are open to new ideas
* You can take part as a developer, designer, investor or marketer

We will thank you if you give us yor feedback.

List of forum members iterested in this project
- OGskunk
- Coinpicker
- ahmed_bodi
- Hampuz
- AuroraHF
- MsCollec
- limek93
- srfulme
- TheMathematician
- ipsum100
- Etlase2
- digicoin
- nicepen
- Icaris

count me in I can setup some kind of gambling game for the new coin

You can contact me, i´m: coder | investor | SEO expert

i setup block explorers and pools. my work: crypto-expert.com and cryptopools.com

Where are you and your team from dowa?

We are a team of developers from Latin America, so much potencial here.

Count me in! Dont have any cool skillsets or whatever, but i sure can market the coin and act as the face out here and on other forums!

-Hampuz

Just remember Feather coin today at $1.17, we can do much better. 

I just want to inform you that
We have two amazing developers.
We are very close of getting the prototype.
We have 38 people already registred for the fair launch.

I would love to know more about this. I can promote it easily.

Count me in as investor.

So your aim is purely to market it into the top 20 by market cap? So essentially you just purely want to get a coin up in value against USD?

summary a pump n dump scam....nice open honest start I guess  ::)

The problem is that there is like 100 Litecoin clones. If you want success you would have to modify the algo, so CPU miners have a chance in the first weeks, until a GPU miner comes out.

You should make it a PPC based coin if possible, it seems far more interesting than litecoin.

or you could just support ppc and or ltc  :o

We believe that there are space for a lot coins, in the same way that there are space for a different football teams, each one with different approaches.
Each one with a different fan base.

How is the teamsearching going? Would we see some ideas soon? :)

Please develop NetCoin2 together https://bitcointalk.org/index.php?topic=169204.500 It will be the next Bitcoin

I can help market the coin and setup giveaways on different coin websites. I can also post a video to my youtube channel about the coin if it really bring something new to the table. I have real world marketing experience so you won't regret having me on the team :) Contact me if you are interested!

I'm a web dev that's also interested. Could help build services around it and get the word out. Contact me if interested!

Thi is not pump and dump project, its a long term ideal.

  “Build new features once is working” any ideas about new features?
   if only clone of Litecoin or PPC, it makes no sense.
   if it has new innovations, i can help u to introduce it to China.
   u know, China is biggest coin market now.
   Good luck.

I just want to refer to
Worldcoin = #6 - $ 28,308,947 market cap
Feathercoin = #9 - $ 14,581,632 market cap
This coins have their base in litecoin code, and have great communities, but almost 0 new features.
Our main interest is not to make money, is to have a great community, make new friends and explore new crypto ideas.

Please not another scrypt coin. Make something innovative - a new algo!

Do you plan on introducing any new features or is this coin going to be simply a clone coin?

Please no more clonecoins. Make something original.

I recommend to look at gridcoin. The idea is awesome - make PoW-stage of coin's lifetime useful (even if you want to accent PoS-stage)

Hola dowa, me gustaria ayudaros con el proyecto.

Soy de Barcelona, te escribo en castellano por que has comentado que sois de America Latina, pues aquí teneis un componente mas de Europa si quereis.

Como datos técnicos soy ingeniero , especializado en redes cisco.
Puedo aportar una visión amplia al proyecto para llevar a buen termino ese puesto de ranking que deseais.

Contactame por aqui , si necesitais ayuda.

Un saludo  :)

I am a big believer in 0 premine, however the challenge is to find a way to get an inicial amout of coins in order to suport the launch and the developers.
What do you think guys?

 Latin America ?So,  call it football-coin / soccercoin and implement colored coins to make a stock exchange and club totalizator ;). Might be interesting.

pure cpu mining is quite vulnerable to vps mining and botnets, im still waiting for the coin that uses gpu power along with cpu, im not a coder or anything so i have no clue if its possible, but it fights the unbalanced big mining rigs, be even more asic resistant (scrypt asics seem to be coming) and should be pretty crappy for vps/botnet mining. Your normally balanced cpu/gpu pcs will be the bulk of the miners and the coin would be well spread for a more stable market (you only cant stop the whale buyers/sellers i guess..)

Are you actually looking to do something really different or just a few hacks on the bitcoin code? What is your programming ability? I'm developing a "dreamer" codebase, see sig for more info.

Please publish your specs. I am a developer too. I think I can help

I would be happy to help with marketing and coin awareness.

I think the developers should surely be compensated for time spent on a project, but anything that looks premined has lately taken alot of flack,the best way I have read is if your very clear about how much of a percent is to go toward the development team, with it clear at the start people can choose into the project or opt out completely, as a novice crypto player here I would hope more ingenious projects are clear that a percent is going to development instead of devs sneaking a way that looks bad but cannot be proven.

The win factor of this could would have to be a really solid new feature that no other coin provides. Such as a whole new algorithm like someone mentioned earlier on this forum. Not sure if your devs are able to accomplish that but it sure will be the selling point that will definitely interest a lot of investors.

Instead of premining it, ask for a couple of donations that goes towards the project? And when you release it I bet you will start mining it, and then can pay back a fair amount of coins that is agreed upon before the launch?

New feature, I would like to see something like this:

Now after having read a little about datacoin and I really like the idea around something like PTS and being able to earn a return on a digital currency, would it be possible to store coins in a blockchain? With them in the open is there a way for them to be secure? If so could something be made that you pay a fee for deposit your coins into and come back 1-5 years and collect interest on them?
Could it be possible to deposit other coins such as BTC, LTC, PTS or whichever, I think yes
Could mining (forging) be done by depositors when they turn on their computer? small amounts of processing, why not?
This is surely a way to decentralize banking, I have no clue how all this programming works, I just have high hopes that something like this would be possible, and when I read about datacoin, well you get a crazy idea....

Hampuz
Thanks , that a great idea.

Thanks, I would most definetely be glad to donate towards this project!

that's what we mean by collective design.
 ;D

history is the mother of truth.
Talking about litecoin and the small inovation
October 09, 2011, 08:02:31 AM
https://bitcointalk.org/index.php?topic=47417.0

Bueno hablare en español ya que son de Latinoamérica, yo soy programador en Java y C++, estoy de lleno con java en Android, podría desarrollar las aplicaciones móviles.

count as investor

Make something innovative like Primecoin, Datacoin, ProtoShares, eMunie, Nxt, Quarkcoin

Nobody wants another crappy SHA256 or scrypt shitcoin.

+1

I am so impressed with the ideas,that a lot of amazing people is sending us, i just trying to organize all the info. ;D

count me in as an investor, looking good!

i can go in

scrypt or keccak?

I'm interested too.

If we want to become winners, then we should have good innovation and promotion.

I am in. I break shit for a living and have some promo skills....
No premines,
24 hr confirmation times are a must.

Unfortunately I don`t see bright future for you project but I wish you luck and try to be up-to-date with your ideas.

Hi

I am a graphic designer if I can be of any assistance. I would love to contribute to a new coin. I would like to invest as well.

Cheers

I m interested in this if you accept

me & partner have experience in currency and commodity market and knowledge can be used for valuation and stability of new crypto currency that people feel good to invest in.
just in case if you want then let me know via PM.

we are on the way to start something good as a alt coin (good+promising)

thanks for reading post

 +1


Some new algo or a combination of them will be a big benefit to the project. I am not a coder or designer, but can spread a word about the project.

Hi dowa,

I am an electronic engineer. I design electronic systems, i know how to develop FPGA systems and ASICs, i can help to develop a crypto-currency strong to these issues.I really like the idea to be part of this group. I am also live in europe so i could promote the new coin here.

Thank you.

Count me in as Promoter and SEO

I'm interested in getting involved. I'd probably be able to help with a wide variety of things.

I am interested IF:
1) no premine
2) innovation (new algo or something)

count me in....i have ideas!

So far no proof of stake coins can be merged-mined.

Thus the merged mined family of coins (BTC, NMC, DVC, GRP, IXC, I0C, CLC, XGG) lacks a proof of stake member. It has most other innovations in it, so that one need not split up one's hashing power in order to mine a nice spread of different coins, but not one with proof of stake and not one with transaction memo.

So maybe either make a PPCoin that can be merged mined as a child chain alongside the existing merged mined coins or do that plus also throw in the transaction memo idea. Though really I'd prefer first just a PPCoin that can be merged mined before getting into blockchain bloat ideas like the transaction memo of the data storage that datacoin offers. (Namecoin already stores data anyway, so the big eight family of merged mined coins already includes a data storage coin, and possibly one could even put one's memo into a namecoin transaction so that maybe namecoin might also be able to function as a coin that allows inclouding a memo with a transaction, though I am not sure if one could do that or not, hmm. Maybe it'd be a memo per address rather than per transaction, thus still leaving the merged mined family lacking a coin that has the memo feature.)

It just seems kind of hypocritical to claim to be doing proof of stake to save energy then refuse to let people use recycled hashpower aka merged mining to mine it: PPCoin should have been merged mined from the start if saving energy truly was one of its goals/features...

-MarkM-

 If you can manage a cpu cooin that is protected agains gpu mining , strictly just cpu , than you have a GREAT chance of success.

I'm new to all of this stuff, but if you're looking for someone to beta test things or test mining, count me in :)  I've worked for a few startups, so I'm always interested in getting in on something new.

Where are we at with this as of right now?

I want to know the updates about the project too. Any new information?

Totally the opposite.

It will be popular with botnets and hobbyists but far too insecure to be trustworthy.

There is no way any one program or algorithm or application or coin is going to get more than half of the world's general purpose computing power securing it.

Anything that doesn't have its own ASIC securing it providing it the security of more than half of the computing power the world has available that is capable of securing-or-attacking it is just a pathetic little toy, which for the mainstream means that it is a scam, a pyramid or ponzi or tulip-mania; allowing let alone encouraging such a thing to process "other people's money" ought to be considered - and even prosecuted as - criminal negligence.

If you aren't going to build ASICs specific to your coin don't let the public become victims of it and if they do manage to become victims of it be prepared to go the way of all the other ponzi and pyramid scams, hopefully doing actual time not merely paying fines that amount to a fraction of your ill-gotten gains.

-MarkM-

...

I can help with some (simple) design.. used to be a pro.

What about NXT forging paradigm? It is a different approach to mining in a scrypt based crypto? is that a pathetic little boy? As I recall the centralization of currencies die-hards used to say the same about Bitcoin.

Ripple hasn't spawned a flood of rip-of-the-day scamcoins yet so it will be interesting to see whether NXT does once its source code is released.

If it works, then maybe it might even turn out to be more compelling than Ripple as the platform for MBC (http://galaxies.mygamesonline.org/plotmbc.html), CDN (http://galaxies.mygamesonline.org/plotcdn.html), UKB, UNS, GMC, GRF, NKL etc to move to.

(The coins that, realising that securing a blockchain was insanely expensive to the point that it was simply not practical to even attempt it, moved to Open Transactions until such time as either they could reasonably expect to be able to secure a blockchain or some better platform / technology / format comes along. XRP has all kinds of extraneous stuff they do not need; if NXT is cleanly and simply just a cryptocurrency then maybe cloning NXT might be better than cloning XRP as a means of moving back to a distributed database format/platform. If not oh well it is not as if being only available on Open Transactins has hurt them much if at all, heck maybe it actually helped them. By making them not be vulnerable like blockchains are it maybe saved them from the ghastly ongoing suppressions of exhcange rate that kept bitcoin's value down for so long. Maybe all the alt chains forking and so on undermined confident in blockchains or something, all those irresponsible - criminally negligent maybe really - people putting out chains they had no intention of securing and no chance of securing might have trashed horribly the public's perception of how secure blockchains are maybe? Those coins ought never have been avle to ctch up with bitcoin in value let alone surpass it, that they did seems to maybe indicate that something somehow prevented bitcoin from exploding the way it should have, the way they did...)

-MarkM-