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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: gorgorom on December 04, 2013, 04:16:04 PM



Title: Any Dead Alt's With No Devs?
Post by: gorgorom on December 04, 2013, 04:16:04 PM
I'm bored and curious as if there are any coins out there that have been abandoned by their dev and left to die. I would like to take a personal project on of reviving one into something (promotion and service wise) great. It is purely for honing my coding and problem solve, plus a bit of fun.

So.. Any?


--GoR--


Title: Re: Any Dead Alt's With No Devs?
Post by: zackclark70 on December 04, 2013, 04:18:35 PM
give me a pm I know a few coins that could use your help as the devs have abandoned there coin not going to post coin names here as it could devalue then and the supporters will prob call it FUD


Title: Re: Any Dead Alt's With No Devs?
Post by: snailbrain on December 04, 2013, 04:29:36 PM
ixcoin?


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 04, 2013, 04:31:22 PM
ixcoin?

Hmm, I thought I seen a post somewhere with the dev saying he wanted to revive it or somethin? I donno. I'm communicating with zackclark70 on some stuff, so we'll see how it pans out. ;D


Title: Re: Any Dead Alt's With No Devs?
Post by: FrictionlessCoin on December 04, 2013, 04:41:36 PM
ixcoin?

I'm in the process of reviving it.

Just pushed out a new website: www.ixcoin.co

I have the latest update 0.8.5.1 version of the client.

Of course, lots of stuff to do, like instawallets, explorers, bitarmory etc.

But extremely promising,  one of the very few coins were you can only profitably acquire by buying them!


Title: Re: Any Dead Alt's With No Devs?
Post by: snailbrain on December 04, 2013, 04:49:43 PM
ixcoin?

I'm in the process of reviving it.

Just pushed out a new website: www.ixcoin.co

I have the latest update 0.8.5.1 version of the client.

Of course, lots of stuff to do, like instawallets, explorers, bitarmory etc.

But extremely promising,  one of the very few coins were you can only profitably acquire by buying them!

i bought a few :)


Title: Re: Any Dead Alt's With No Devs?
Post by: theofilos921 on December 04, 2013, 04:57:59 PM
VLC

2 months no posts from admin...


Title: Re: Any Dead Alt's With No Devs?
Post by: FrictionlessCoin on December 04, 2013, 05:00:09 PM
ixcoin?

I'm in the process of reviving it.

Just pushed out a new website: www.ixcoin.co

I have the latest update 0.8.5.1 version of the client.

Of course, lots of stuff to do, like instawallets, explorers, bitarmory etc.

But extremely promising,  one of the very few coins were you can only profitably acquire by buying them!

i bought a few :)

Well, if you want that to grow, you have to start promoting the coin.

I figure, a lot of folks who had this coin completely forgot they have them.   2 years is a very long time.   Also, by the 45,000 block, it was all merge mining.  So you needed competitive BTC mining go get any of these coins.  

If you also looked at the historic charts,  the price relative to BTC has remained almost constant!  Hard to believe for something that is 2 years old.  

What the coin is missing now is liquidity in the trading markets.  Don't know yet how that happens... I think though if I can get the Chinese interested... then that will be key.


Title: Re: Any Dead Alt's With No Devs?
Post by: Lazaruspl on December 04, 2013, 05:10:48 PM
Just pushed out a new website: www.ixcoin.co

You should really change the top right corner. For the first glimpse it seems like the page was last actualised in 2011 :)


Title: Re: Any Dead Alt's With No Devs?
Post by: ayayay on December 04, 2013, 05:11:18 PM
geist geld ?


Title: Re: Any Dead Alt's With No Devs?
Post by: Scooby903 on December 04, 2013, 05:23:30 PM
Motha Fuckin WeedCoin!   ;D

I still have a big chunk of the blockchain stored on one of my computers if anyone wants to revive it, lol


Title: Re: Any Dead Alt's With No Devs?
Post by: A L I E N on December 04, 2013, 05:25:11 PM

Tenebrix


Title: Re: Any Dead Alt's With No Devs?
Post by: FrictionlessCoin on December 04, 2013, 05:25:25 PM
Just pushed out a new website: www.ixcoin.co

You should really change the top right corner. For the first glimpse it seems like the page was last actualised in 2011 :)

done.  thanks


Title: Re: Any Dead Alt's With No Devs?
Post by: Contestest on December 04, 2013, 05:26:34 PM
Starcoin


Title: Re: Any Dead Alt's With No Devs?
Post by: wtman on December 04, 2013, 06:00:28 PM
ixcoin?

Hmm, I thought I seen a post somewhere with the dev saying he wanted to revive it or somethin? I donno. I'm communicating with zackclark70 on some stuff, so we'll see how it pans out. ;D

you can pm me your skype or freenode contact info. I'm also looking to do the same. Maybe we can combine energies


Title: Re: Any Dead Alt's With No Devs?
Post by: sserge009 on December 04, 2013, 06:54:37 PM
EcoCoin
https://bitcointalk.org/index.php?topic=269312.0


Title: Re: Any Dead Alt's With No Devs?
Post by: PrintMule on December 04, 2013, 07:29:57 PM
I thought namecoin was "hacked" and is kinda dead. Prove me if I'm wrong.


Title: Re: Any Dead Alt's With No Devs?
Post by: FrictionlessCoin on December 04, 2013, 07:31:44 PM
I thought namecoin was "hacked" and is kinda dead. Prove me if I'm wrong.

Namecoin has a market cap of 68 million USD.  How in the world is it supposed to be dead?


Title: Re: Any Dead Alt's With No Devs?
Post by: exnom on December 04, 2013, 07:32:00 PM
Maples.. Was a good looking coin then the DEV vanished into thin air.


Title: Re: Any Dead Alt's With No Devs?
Post by: Noitev on December 04, 2013, 07:32:29 PM
Tulips!!! :D


Title: Re: Any Dead Alt's With No Devs?
Post by: exnom on December 04, 2013, 07:33:16 PM
ixcoin?

Hmm, I thought I seen a post somewhere with the dev saying he wanted to revive it or somethin? I donno. I'm communicating with zackclark70 on some stuff, so we'll see how it pans out. ;D

Zackclark!? Why not just insta-kill the coin instead...


Title: Re: Any Dead Alt's With No Devs?
Post by: PrintMule on December 04, 2013, 10:33:45 PM
I thought namecoin was "hacked" and is kinda dead. Prove me if I'm wrong.

Namecoin has a market cap of 68 million USD.  How in the world is it supposed to be dead?

https://bitcointalk.org/index.php?topic=310954

anyway it seems they found a fix, so everything's kinda ok now


Title: Re: Any Dead Alt's With No Devs?
Post by: MessyCoin on December 04, 2013, 10:35:07 PM
CHNcoin?
i0coin? (dunno maybe this has devs)


Title: Re: Any Dead Alt's With No Devs?
Post by: MaGNeT on December 04, 2013, 10:40:24 PM
I'm bored and curious as if there are any coins out there that have been abandoned by their dev and left to die. I would like to take a personal project on of reviving one into something (promotion and service wise) great. It is purely for honing my coding and problem solve, plus a bit of fun.

So.. Any?


--GoR--

DragonCoin :)


Title: Re: Any Dead Alt's With No Devs?
Post by: MaGNeT on December 04, 2013, 10:40:54 PM
CHNcoin?
i0coin? (dunno maybe this has devs)


CHNcoin is actually revived and back on both Cryptsy and BTER
i0coin is revived and trading at VirCurEx


Title: Re: Any Dead Alt's With No Devs?
Post by: BenHur on December 04, 2013, 10:46:19 PM
CosmosCoin
It's dead.


Title: Re: Any Dead Alt's With No Devs?
Post by: Digicoiner on December 04, 2013, 11:29:36 PM
DragonCoin and QuantumCoin ?


Title: Re: Any Dead Alt's With No Devs?
Post by: snailbrain on December 04, 2013, 11:31:08 PM
I thought namecoin was "hacked" and is kinda dead. Prove me if I'm wrong.

namecoin probably has more individual seperate devs working on it than any other coin bar bitcoin


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 06, 2013, 06:34:58 PM
DragonCoin and QuantumCoin ?

I really like the name Quantumcoin.


Title: Re: Any Dead Alt's With No Devs?
Post by: peterlustig on December 06, 2013, 06:39:06 PM
Feathercoin2 and Sunrisecoin.  (have a lot of the blockchain incase someone wants it) :D


Title: Re: Any Dead Alt's With No Devs?
Post by: Beoga on December 06, 2013, 06:48:54 PM
j-coin

https://bitcointalk.org/index.php?topic=264556.0

Last transaction I have - 26.08.2013


Title: Re: Any Dead Alt's With No Devs?
Post by: emerefer on December 06, 2013, 07:07:47 PM
porncoin and tulips


Title: Re: Any Dead Alt's With No Devs?
Post by: exnom on December 06, 2013, 07:22:04 PM
i repeat: Maples..


Title: Re: Any Dead Alt's With No Devs?
Post by: Oldminer on December 06, 2013, 07:25:29 PM
Casinocoin..lots of potential..


Title: Re: Any Dead Alt's With No Devs?
Post by: NaNaec on December 06, 2013, 07:27:06 PM
Growthcoin
Savingcoin


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 03:19:04 PM
I'm bored and curious as if there are any coins out there that have been abandoned by their dev and left to die. I would like to take a personal project on of reviving one into something (promotion and service wise) great. It is purely for honing my coding and problem solve, plus a bit of fun.

So.. Any?


--GoR--

DragonCoin :)

You think dragoncoin would go over good magnet? I'm working on Paycoin slowly, but I really want a few different types of code to work with e.g. scrypt pow, SHA-256d, Multi algo, etc. That way I can further my knowledge on each. I'd like to start with straight scrypt POW and sha POWPOS. Keep em coming guys and see what else out there is dead.


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 03:20:50 PM
Casinocoin..lots of potential..

I am inclined to agree on this one. Casinocoin could become a big commodity, but it wouldn't have much use outside of casino/ gaming usage. Id like to have a coin that would do good in all areas if it were to thrive. But I will still take it into consideration.


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 03:22:05 PM
I thought namecoin was "hacked" and is kinda dead. Prove me if I'm wrong.

namecoin probably has more individual seperate devs working on it than any other coin bar bitcoin

Agreed Snailbrain. NMC has a lot of individuals working on it.


Title: Re: Any Dead Alt's With No Devs?
Post by: Ardolafat on December 14, 2013, 03:22:22 PM
https://bitcointalk.org/index.php?topic=307419.0
lots of potential

https://images.weserv.nl/?url=newbcoin.com/images/SHTcoin.png&fnr


Title: Re: Any Dead Alt's With No Devs?
Post by: rikkejohn on December 14, 2013, 03:31:23 PM
XNC ... Xencoin

https://bitcointalk.org/index.php?topic=237998.0

Cryptsy binned it a couple of weeks ago (without warning) Apparently the Dev has not bothered with it for months.

Until then it had decent volume and I imagine there are a few holders waiting for a resurrection


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 04:27:37 PM
XNC ... Xencoin

https://bitcointalk.org/index.php?topic=237998.0

Cryptsy binned it a couple of weeks ago (without warning) Apparently the Dev has not bothered with it for months.

Until then it had decent volume and I imagine there are a few holders waiting for a resurrection


Thanks rikkie, I will definatly look into this one. Has the dev abandoned it? and do you have any details on it such as premine etc?


Title: Re: Any Dead Alt's With No Devs?
Post by: BrewCrewFan on December 14, 2013, 04:31:49 PM
Tulips!!! :D

O dear god..... SUPERCOIN!


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 04:32:48 PM
Tulips!!! :D

O dear god..... SUPERCOIN!

Was it premined? I am staying away from premined coins 100% because they are unfair to everyone except the original dev


Title: Re: Any Dead Alt's With No Devs?
Post by: peterlustig on December 14, 2013, 04:38:07 PM
Have a look at Feathercoin2 and Sunrisecoin, both scryptcoins from the first big wave of clones, both not premined. Would offer you half of my wallet contents.


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 04:45:18 PM
Have a look at Feathercoin2 and Sunrisecoin, both scryptcoins from the first big wave of clones, both not premined. Would offer you half of my wallet contents.

Hmm, shoot me a few links of the original ANN's if you can. I'll look into it.


Title: Re: Any Dead Alt's With No Devs?
Post by: renodaret on December 14, 2013, 04:48:35 PM
Starcoin

we need starcoin back!!!

i have almost 200k

pm me


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 04:50:15 PM
Starcoin

we need starcoin back!!!

i have almost 200k

pm me

I remember this coin. I fell in love with it when it came out. Are you sure the "dev" is no longer devving it?


Title: Re: Any Dead Alt's With No Devs?
Post by: Trafficlearn on December 14, 2013, 04:52:55 PM
I am also looking to get into a coin recently....from a marketing end of it....


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 04:53:32 PM
I am also looking to get into a coin recently....from a marketing end of it....

Cool.


Title: Re: Any Dead Alt's With No Devs?
Post by: peterlustig on December 14, 2013, 04:56:52 PM
Have a look at Feathercoin2 and Sunrisecoin, both scryptcoins from the first big wave of clones, both not premined. Would offer you half of my wallet contents.

Hmm, shoot me a few links of the original ANN's if you can. I'll look into it.
Sure  :D
https://bitcointalk.org/index.php?topic=205243.0 (FTC2, renamed to Firecoin2 after some weeks which imo killed the coin)
https://bitcointalk.org/index.php?topic=206017.0 (SRC, another Feathercoin fork)


Title: Re: Any Dead Alt's With No Devs?
Post by: kimosan on December 14, 2013, 04:58:50 PM
Casinocoin..lots of potential..

I am inclined to agree on this one. Casinocoin could become a big commodity, but it wouldn't have much use outside of casino/ gaming usage. Id like to have a coin that would do good in all areas if it were to thrive. But I will still take it into consideration.

Casioncoin dev is back posting.
https://bitcointalk.org/index.php?topic=258090.msg3959981#msg3959981

Xencoin could definitely use some help, dev hasn't been seen since August.


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 05:04:14 PM
Casinocoin..lots of potential..

I am inclined to agree on this one. Casinocoin could become a big commodity, but it wouldn't have much use outside of casino/ gaming usage. Id like to have a coin that would do good in all areas if it were to thrive. But I will still take it into consideration.

Casioncoin dev is back posting.
https://bitcointalk.org/index.php?topic=258090.msg3959981#msg3959981

Xencoin could definitely use some help, dev hasn't been seen since August.

Xencoin is a nice name. I'll look into it. Do you know if it was premined?


Title: Re: Any Dead Alt's With No Devs?
Post by: raspcoin on December 14, 2013, 05:13:20 PM
Dollar. It still has a few holders, though.


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 05:14:03 PM
Dollar. It still has a few users, though.

Yeah i'm not sure if the dev is gone on that one or not.


Title: Re: Any Dead Alt's With No Devs?
Post by: kimosan on December 14, 2013, 05:15:31 PM
Casinocoin..lots of potential..
I am inclined to agree on this one. Casinocoin could become a big commodity, but it wouldn't have much use outside of casino/ gaming usage. Id like to have a coin that would do good in all areas if it were to thrive. But I will still take it into consideration.
Casioncoin dev is back posting.
https://bitcointalk.org/index.php?topic=258090.msg3959981#msg3959981

Xencoin could definitely use some help, dev hasn't been seen since August.

Xencoin is a nice name. I'll look into it. Do you know if it was premined?

The OP mentions 5% that was to be used for some banking thing that never materialized. Been a while since I read through the thread but I think the majority in there agree that those pre-mined coins were most likely dumped by the dev long ago. Hard to know for certain since the guy hasn't been seen in months.



Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 05:17:51 PM
Yeah, 5% is a lot. Moving on :P I really want to stay away from premines


Title: Re: Any Dead Alt's With No Devs?
Post by: exnom on December 14, 2013, 06:38:51 PM
I repeat.. MAPLES!


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 06:40:33 PM
I repeat.. MAPLES!

Lol, i'll consider it.


Title: Re: Any Dead Alt's With No Devs?
Post by: klintay on December 14, 2013, 07:12:44 PM
skein coin, new and unique...developer has dropped off the face off the planet

https://bitcointalk.org/index.php?topic=322828.0


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 07:13:40 PM
skein coin, new and unique...developer has dropped off the face off the planet

https://bitcointalk.org/index.php?topic=322828.0

Wow. That coin just came out. Are you sure he is gone?? Or just taking a break


Title: Re: Any Dead Alt's With No Devs?
Post by: traxx187 on December 14, 2013, 07:28:34 PM
anyone want to hand over a dead coin to this guy?
i want to get a coin up and running


Title: Re: Any Dead Alt's With No Devs?
Post by: gorgorom on December 14, 2013, 07:29:37 PM
anyone want to hand over a dead coin to this guy?
i want to get a coin up and running

lol.;D


Title: Re: Any Dead Alt's With No Devs?
Post by: klintay on December 15, 2013, 03:37:05 PM
skein coin, new and unique...developer has dropped off the face off the planet

https://bitcointalk.org/index.php?topic=322828.0

Wow. That coin just came out. Are you sure he is gone?? Or just taking a break

looks like break! i guess i spoke to soon.... but the progress at the moment is painfully slow


Title: Re: Any Dead Alt's With No Devs?
Post by: paradiselife on December 15, 2013, 03:38:17 PM
take over bosscoin it only lasted a week and dev abandoned it lol


Title: Re: Any Dead Alt's With No Devs?
Post by: Contestest on December 17, 2013, 02:19:02 AM
Starcoin

we need starcoin back!!!

i have almost 200k

pm me

I remember this coin. I fell in love with it when it came out. Are you sure the "dev" is no longer devving it?

Direct quote from the dev of Starcoin

"The coin is working fine without problems, since the last fix.

I can still help, but I think the community should nominate somone else more devoted, who has more skills and time and who wants to take over development and marketing of the coin.

This is opensource anyone can take over development and make improvments if its needed.

Its not up to me whether or not the coin dies, but up to everyone who uses it."
https://bitcointalk.org/index.php?topic=259012.msg3461099#msg3461099 (https://bitcointalk.org/index.php?topic=259012.msg3461099#msg3461099)

So yes, it's free to pick up :D


Title: Re: Any Dead Alt's With No Devs?
Post by: Kryptox on December 17, 2013, 02:24:38 AM
What about Powercoin (PWC)?


Title: Re: Any Dead Alt's With No Devs?
Post by: ImmortAlex on December 17, 2013, 02:38:03 AM
SIFcoin.
SHA3, ASIC-proof, inflation coin. No premine or instamine, low reward since genesis. Network is alive, but dev "gone with Satishi" at September.


Title: Re: Any Dead Alt's With No Devs?
Post by: Thrash on December 17, 2013, 03:12:09 AM
I would put a vote in for Maples.

https://bitcointalk.org/index.php?topic=288690.0

50,000 premine but looks like 28,000 of them rewarded as bounties. 
50 million cap on coins
POW/POS

The coin ran good with no issues I saw. Just needs a little TLC. Also traded pretty strong on the secondary market.


Title: Re: Any Dead Alt's With No Devs?
Post by: MisO69 on December 17, 2013, 03:37:54 AM
Galaxycoin - The client needs a fix, it has a message about checkpoints. The Dev has stated on the public forum that he cannot support the coin at the moment and that someone else should. I do not believe there was a premine either.


Title: Re: Any Dead Alt's With No Devs?
Post by: burnum on December 17, 2013, 03:54:00 AM
my 2*, maybe you could work on something for stable coins? it kind of fits in with your image, although its not dead, I would really like to see some type of a button for merchants to apply to their website that converts a mixed coin to the merchants coin of choice through some type of quick trade through an exchange, your a coder is it possible?


Title: Re: Any Dead Alt's With No Devs?
Post by: iamrickrock on December 17, 2013, 05:41:32 AM
Well, since I have over 5 million Porncoins I would love to see Porncoin come back ;)

How bout it?


Title: Re: Any Dead Alt's With No Devs?
Post by: bandjhughes on December 17, 2013, 05:54:47 AM
Pokercoin?   ???  Originally, Pokercoin had a premine, but died soon after launch (probably because of the premine).  Then another developer picked it up and disposed of all the premined coins and relaunched the coin without any premined coins in the blockchain.  But the second developer abandoned it too, so Pokercoin withered away for the second time (it was more like playing solitary than poker   :D ).

Could be the third times a charm?


Title: Re: Any Dead Alt's With No Devs?
Post by: markm on December 17, 2013, 07:00:14 AM
Blockchains are insanely expensive to secure. It is not clear that proof of stake really works to secure a chain, there still seem to be claims floating about that they cannot actually operate without proof of work mining, plus they all seem to be nastily similar to "solidcoin" in having centralised trusted servers that get to make up checkpoints thus maybe could easily attack the coin since they get to make up the checkpoints as they go.

So maybe the eight merged mined coins are kind of special: bitcoin, namecoin, devcoin, groupcoin, ixcoin, i0coin, coiledcoin and geistgeld.

Out of those, coiledcoin and geistgeld are still very much under the radar.

In fact the geistgeld experiment, which is, to test just how fast you can have the blocks without screwing up all the other coins in the merge, maybe has still not really been seriously done: so few people include geistgeld in their merge, and its difficulty adjusts so incredibly fast, that I don't think enough mining power has even been sent at it yet to really determine for sure whether it really is just too darn fast. Possibly it might even need to have its block speed slowed a little, or maybe it just needs more merged mining pool and miners who merged mine to include it in their merges?

Since the vast majority of scrypt based coins, along with the vast majority of SHA256 coins that are not merged mined, will probably eventually crumble under the fact that they simply cannot muster enough mining power to secure their blockchains, these eight merged mined coins continue to seem to me to be some of the likeliest contenders going forward, so it seems to me if you want to get involved in the support side on coins - maintaining the code - coiledcoin and geistgeld could be among the most profitable options available, since you can still mine them so easily.

Groupcoin is also very interesting too even though it is merged by mmpool.bitparking.com because although lots of people probably have some (any miner at mmpool that bothered to tell mmpool a groupcoin address, for example) I do not know of any website-type exchange (as distinct from Open Transactions servers, for example) that support groupcoin yet, so all the "most profitable coin" sites fail to mention groupcoin, so maybe you might still be able to pick them up cheap from people who get them but have not yet realised their potential.

So groupcoin would be another good one to work on.

Basically all the merged mined coins need the code fixes, or kind of code fixes, that were done for I0Coin, so make up for the fact that the original implementation of merged mining turns out to be a massive hog of RAM as chains grow larger. Of those, coiledcoin and geistgeld retain so far the greatest potential for picking up lots of coins at low difficulty before other merged miners realise how much they are missing out on by failing to include them in their merge but groupcoin, having been included in at least one major merged mining pool's merge but not, as far as I am aware, having being picked up by any website-style exchanges yet, also has possibly good potential for picking up cheap since people are probably mining it (look at its difficulty!) but maybe don't know what it is worth. (If you can find anyone willing to sell any for the prices shown at http://galaxies.mygamesonline.org/latestrates.inc you are probably lucky and should take them up on it...)

Tenebrix and Fairbrix are interesting due to being so incredibly low difficulty, but they are scrypt coins so are probably doomed... but hey, the idiots buying all the other scrypt coins might not realise that most scrypt coins are doomed so hey, given how insanely low difficulty they are why the heck not pick up a few tens or hundreds of thousands of each just in case? Afterall, even just recently people were buying BBQcoins that you could pick up with just a single CPU core for a year or so, who knows, maybe they will also pay fortunes for other insanely easy to mine scrypt based coins?

-MarkM-


Title: Re: Any Dead Alt's With No Devs?
Post by: Scooby903 on December 17, 2013, 07:06:49 AM
Cryptobits

https://bitcointalk.org/index.php?topic=263470.0

I always thought this had a decent looking future and if the dev had done a better job promoting it, then it would have taken off


Title: Re: Any Dead Alt's With No Devs?
Post by: zackclark70 on December 17, 2013, 07:43:15 AM
Blockchains are insanely expensive to secure. It is not clear that proof of stake really works to secure a chain, there still seem to be claims floating about that they cannot actually operate without proof of work mining, plus they all seem to be nastily similar to "solidcoin" in having centralised trusted servers that get to make up checkpoints thus maybe could easily attack the coin since they get to make up the checkpoints as they go.

So maybe the eight merged mined coins are kind of special: bitcoin, namecoin, devcoin, groupcoin, ixcoin, i0coin, coiledcoin and geistgeld.

Out of those, coiledcoin and geistgeld are still very much under the radar.

In fact the geistgeld experiment, which is, to test just how fast you can have the blocks without screwing up all the other coins in the merge, maybe has still not really been seriously done: so few people include geistgeld in their merge, and its difficulty adjusts so incredibly fast, that I don't think enough mining power has even been sent at it yet to really determine for sure whether it really is just too darn fast. Possibly it might even need to have its block speed slowed a little, or maybe it just needs more merged mining pool and miners who merged mine to include it in their merges?

Since the vast majority of scrypt based coins, along with the vast majority of SHA256 coins that are not merged mined, will probably eventually crumble under the fact that they simply cannot muster enough mining power to secure their blockchains, these eight merged mined coins continue to seem to me to be some of the likeliest contenders going forward, so it seems to me if you want to get involved in the support side on coins - maintaining the code - coiledcoin and geistgeld could be among the most profitable options available, since you can still mine them so easily.

Groupcoin is also very interesting too even though it is merged by mmpool.bitparking.com because although lots of people probably have some (any miner at mmpool that bothered to tell mmpool a groupcoin address, for example) I do not know of any website-type exchange (as distinct from Open Transactions servers, for example) that support groupcoin yet, so all the "most profitable coin" sites fail to mention groupcoin, so maybe you might still be able to pick them up cheap from people who get them but have not yet realised their potential.

So groupcoin would be another good one to work on.

Basically all the merged mined coins need the code fixes, or kind of code fixes, that were done for I0Coin, so make up for the fact that the original implementation of merged mining turns out to be a massive hog of RAM as chains grow larger. Of those, coiledcoin and geistgeld retain so far the greatest potential for picking up lots of coins at low difficulty before other merged miners realise how much they are missing out on by failing to include them in their merge but groupcoin, having been included in at least one major merged mining pool's merge but not, as far as I am aware, having being picked up by any website-style exchanges yet, also has possibly good potential for picking up cheap since people are probably mining it (look at its difficulty!) but maybe don't know what it is worth. (If you can find anyone willing to sell any for the prices shown at http://galaxies.mygamesonline.org/latestrates.inc you are probably lucky and should take them up on it...)

Tenebrix and Fairbrix are interesting due to being so incredibly low difficulty, but they are scrypt coins so are probably doomed... but hey, the idiots buying all the other scrypt coins might not realise that most scrypt coins are doomed so hey, given how insanely low difficulty they are why the heck not pick up a few tens or hundreds of thousands of each just in case? Afterall, even just recently people were buying BBQcoins that you could pick up with just a single CPU core for a year or so, who knows, maybe they will also pay fortunes for other insanely easy to mine scrypt based coins?

-MarkM-


I can confirm that POS will make blocks and make a coin run after POW has totally stopped ADT worked for over a month on just POS ( POW stopped due to a stuck block ) so I think that proves that POS works on its own we will soon see for sure if the new ADT block chain doesn't include making POW work