Bitcoin Forum

01

Add gabicoin somewhere, it doesn't still exist and i lack the knowledge to actually program a client and a coin but maybe some day i'll do it... maybe...

Also add my new upcoming currency "piCOIN" - the slogan will be "There is enough pi for everyone" or "Because pi tastes better than bits"

what is iocoin, how is it different.

the founder of i0coin isn't mining 580,000 coins for himself first.

already is one ready to go: https://i0exchange.bitparking.com/main

i guess ill mine some coins on it. and save them for a very long time.

What about namecoin?

^this

It's not just DNS, it's more like a huge database

You could start a whole website tracking all the crypto currencies that aren't bitcoin.

Call it "Shitcoin.com"

Let me see if I got this right ...

Bitcoin is one electronic currency. Namecoin, IXCoin, IOcoin, etc is a different electronic currency, is that right? Just like if Bitcoin is the equivalent of USD, Namecoin could be the equivalent of EUR and IXCoin could be the equivalent of GBP?? Is my interpretation of this correct?

Not correct.
Bitcoin: money.
Namecoin: DNS.
IXCoin: 'little Fred wants to get rich' scam.
IOcoin: it could be fun to make a new chain, so lets do it - maybe Fred wants to buy some IOcoins too :)

pretty much this.

I wanna make trollcoins any proposals of how they should work?  :D

If every random stream of hash values is money in your eyes, I am happy to sell you a bunch of those. And I have a very big depot at /dev/random ;)

Money is about trust. All those FredCoin miners did it only to get some bitcoins from Fred. No one is keeping FredCoins because as soon as Fred runs out of his subsidizing money it will be game over for FredCoins.

The trust lies in the 2.5 year old block chain.

If Satoshi would have done like Fred - "I pay you all 5 times your electric bill for generating some random hash values" - a lot of people, like today, would have mined for his money. But as soon as he runs out of money, everyone would have stopped too and the project would be declared dead.
So what makes bitcoins different to FredCoins is that initially no one was payed to do it, people found it usefull (or fun) and only after some years then they started to value bitcoin with USD.

AFAIK you wont be paid mining IOcoins, at least until Fred weights in with his money. Apart from this, it is the same.
And by reading some postings in this very forum, I think they serve an additional purpose. A lot of miners don't understand difficulty and the fixed supply rate. So they can be happy mining some trillions of FredCoins / IOcoins, at least until they realize that it was just wasted electricity. And that means more for the bitcoin miners, but don't thell them ;)

Well, if you are a fan of alternative block chains, make your own. Will take you only a few minutes.

1) Download bitcoin or xicoin source.

2) Define a new genesis block
https://github.com/ixcoin/ixcoin/blob/28b781f6390173dd31d771c4e061468256758dfe/src/main.cpp#L1515
Don't forget to start with some message like "To see the farm is to leave it"

3) Change the has hash of the genesis block to whatever you made it in (2):
https://github.com/ixcoin/ixcoin/blob/28b781f6390173dd31d771c4e061468256758dfe/src/main.cpp#L33

4) Optional step: get yourself more money: change the value of a single block
https://github.com/ixcoin/ixcoin/blob/28b781f6390173dd31d771c4e061468256758dfe/src/main.cpp#L639
Fred wanted 96 per block, instead of 50. Pro tip: make it a few thousand at least, miners will be happy

5) type make

6) ???
7) profit!!!

You forgot stupidcoin, pointlesscoin, and confuse_the_issue-coin.  ;D

Nice thread  8)

There's a list started here too:

http://coineer.com/currency_directory.php

Sorry, ableorange, I can usually hold myself back from making useless comments about things I disagree with, but the sheer number of these things coming out in the last week or two is getting ridiculous.

They at least should be in their own sub-forum, or "off-topic".  This is bitcointalk.org, not bitcoinclones.org.

OK, my feelings on bitcoin clones are on the record.  I will not make another post about it.

is it me or is I0Coin not up yet?? woot its up

wow sooooo fast to solv bock

They should inflate, since deflationary spirals will eventually kill a currency. They should ramp up slowly so early adopters won't blatantly manipulate the market like they do with Bitcoin. Of course it needs a solid backing (like the USD or EUR) so it won't collapse as imaginary money. We should also vote on code revisions, so it doesn't just get dominated by libertarians, who only want to hoard what they've already stolen from the proletariat. And forget Linux support, everyone can just wake up and use Windows already!

I also think it is good there are alternatives. This proves that there won't be just someone making a Bitcoin clone, rendering the currency (or whatever you call it) worthless. Instead it proves that Bitcoins have value. These things should be described in a nice simple way. First on the wiki, later a video.

And with simple I mean _really_ simple. Like we need a really simple way to securely use Bitcoins.

I really wish there would be some kind of bank or something like Paypal. So you can have an account, transfer money without requiring the Bitcoin client, security measures, like (i)TANs or smart cards, customer support, etc. This would make it easier for people who actual want to use the currency and don't know a lot about computers.

well since you want a bitcoin paypal so bad code it yourself or start a coding co-op/group

Don't forget buttcoin stupidcoin gexcoin nutcoin vagcoin lamecoin blowcoin beercoin weedcoin gascoin acoin bcoin xcoin ycoin and the million other coins that people are trying to pass off as anything other than gimmicks trying to make a quick buck on the back of bitcoin...

What about devcoin??

spamcoin

2 minute blocks
start at 1000 coins per block
every 1000000 blocks, DOUBLE
coins will always be generated.

ixcoin, I0coin, and all the other are just plain copies of bitcoin. So why would anyone use those. What you say is the same as "we should replace all digits with some other symbol, because if mathematics fail, we can use the same mathematics using other symbols".

The shorter maturity of ixcoin combined with Freds precomputes coins gives only one person some advantage: Fred himself.
So either you like to be trollish, or maybe you are one of Freds multiple accounts.

Me being open minded, I give you some advice how you could possible exercise some get-rich-as-an-early-adopter thing:
1) add some additional value to your block chain, like namecoin.
2) don't try to replace bitcoins, makes no sense to replace it with something similar.
3) don't mine yourself a too huge chunk before you go public.
4) don't pay others to use your chain, try to get their attention by the added value of your block chain.
If you have some clever idea and are not shy of doing some real coding (changing 10 in bitcoin to have ixcoin is not coding) then your block chain could really take of.

OP, thanks for compiling the list, I hope you'll keep it up to date.

I'd rather see so much effort dedicated to improving the user friendly-ness of  bitcoin, after all the publicity, I feel that it has become the growth bottleneck, just like many great inventions that didn't survive.
https://bitcointalk.org/index.php?topic=4666.msg68058#msg68058
 

I see 2 possibilities

Either the forks loose support
or
Bitcoin & the forks merge

A merge would consist of a p2p system to trade virtual currencies which will eventually emerge as the dominant system but I can't quite prove it.

We're trying to create a brand new currency here, without bootstrapping it off an existing measure of value.  This has happened very rarely throughout history, and the odds are vastly against us being successful with even one.  What this requires is widespread adoption and trading depth such that volatility is sufficiently smoothed out, and the currency is usable for accounting with.

Convincing those that don't understand this to spread their value among multiple cryptocurrencies meant for the exact same purpose so obviously goes against the goal of gaining sufficient trading depth of one.

I think the problem are lost coins.
Since the immature operating systems people loose them from time to time.

The figure is probably very small but I think it's significant with a reason:


At first if there is a perceptual loss of coins over time they will eventually in correlation with the pigeon-principle all be lost.

Another one is the psychological factor. If somebody has started mining early and lost coins this is more traumatizing as being robbed, loss due to speculation in the old money or the outcome of unprofitable mining at current difficulty. The realization that the profit will be gone forever has much deeper implications. It may be comparable with a destroyed property.
So this person may try by any means to get it back but since this isn't possible anymore there has to be new ground.

To compensate for this factors new crypto currencies must be created over time.

Just my humble theory...
Yes it could really be that the makers of these alternate currencies are just jealous of the pioneers.

:o
You got me here, but it should be clear what I have wanted to tell.
I realize the irony.  :D

And when it does get stickied, let us all remember what exactly it is that made bitcoin a success: it's elegant.

None of these alternative currencies has so far shown even a fraction of the elegance bitcoin has.

Technology is so cheap thanks to open source culture, but I think some of todays economy problem actually caused by the open source culture, it twisted the traditional value system but still can't survive without it, just like those who mine the coins actually want to exchange it to USD to payback their power bill

Excuse me, but if a neo-coin creator wants to give himself (and not everybody else) extra  moneys, shouldn't he put those moneys into the genesis block, and not just increase per block reward ?

Or are money in the genesis block unable to be moved out of it ?

nice idea :)
I know how it should work, realy.
Trollcoin client should work both in bitcoin and trollcoin networks.
It should use bitcoin blockchain and targets and pass them in getwork answer for the user.
If user solved  bitcoin block, Trollcoin client will give hiim some of those trollcoins (10000 for example) and sign your bitcoin crypto key to that bitcoin block.
So people mine bitcoin for you and trollcoin for themselves.

Since they're mostly the same, they can't be that much less elegant.

So far I've seen two more interesting approaches:

Namecoins add names.
Solidcoins add faster transctions and less upwards volatility-of-difficulty.

Both ideas have inherent value. That's rather important; we don't just invent a new currency. Anybody can do that. (Look up Norton I, self-styled Emperor of San Francisco, for a particularly interesting example.)

We want to do new things here which we couldn't do before.
One can send money and exchange it for different money with any bank. That's not the point of Bitcoins.
Neither is the ability to mint your own money. That's a nice feature, for now, but it'll stop working (i.e. "generate enough coins to offset the power bill") soon enough.

You forgot,  FucktheFederalReserve Coin, and ElectRonPaul Coin, and of course, SuckmyCock Coins, those last ones are sure to shoot up in value very often

I just hashed the first SuckMyCockCoin:


http://t0.gstatic.com/images?q=tbn:ANd9GcSfwLcYYDoVwPo9O4XXQ8ImLyfGVcTQdAwrIr9-BreOUGICrnabaw


Now, I'm waiting for it to dry.

Holy sh** that doublec guy is really fast... https://smcockcexchange.bitparking.com (http://www.youtube.com/watch?v=oHg5SJYRHA0)

Double check your link. For me, it's only going to a music video on YouTube showing some guy name Rick, singing. But since I was on YouTube, I did find a Bitcoin related video. It addresses how to overcome the increased difficulty aspect. http://www.youtube.com/watch?v=xEEovJfuwkg (not a RickRoll, but I promise you'll LOVE it just the same)

Hi, I have a similar list here:

https://bitcointalk.org/index.php?topic=7500

But most of them are just proposals that probably won't be implemented.

another proposal, ValueCoin!
each coin could have a $ value associated with it with it
theirs an unlimited supply.
the coins are mined and only have value once they are sold.
when you buy a ValueCoin its hold the value you bought it at.

Bitcoin didn't see that one coming!LOL

So they're not fungible?
Or are you just kidding?

Should you add solidcoin?

Thread abandoned? I wouldn't be surprised, since there are so many alt currencies now.

https://index.co/market/cryptocurrency
Here is the link you can visit here for more information

this info is added The Revolut App Adds XRP, Bitcoin Cash to Crypto Options ... US is investigating bitcoin price manipulation as cryptocurrency that runs it