Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: johnyj on August 17, 2011, 11:24:42 AM



Title: internetcoin(or so called ecoin) - the ultimate cryptocurrency!
Post by: johnyj on August 17, 2011, 11:24:42 AM
I have to claim these names first, details come later  ;D

webcoin, webcash, netcoin, netcash, internetcash are also reserved  ;D


Title: Re: internetcoin(or so called ecoin) - the ultimate cryptocurrency!
Post by: cbeast on August 17, 2011, 11:33:48 AM
We could change the name to credits, quatloos, or spacebucks.


Title: Re: internetcoin(or so called ecoin) - the ultimate cryptocurrency!
Post by: phatsphere on August 17, 2011, 11:42:43 AM
… ecash also reserved  ;D
too late: http://en.wikipedia.org/wiki/Ecash


Title: Re: internetcoin(or so called ecoin) - the ultimate cryptocurrency!
Post by: johnyj on August 17, 2011, 11:44:35 AM
Now the framework

1. It is super easy to understand and use for average internet user

2. It is enough secure for normal transaction

3. The supply will grow/shrink with usage

4. It has built-in trust rating system to secure the trading

5. more to come


Title: Re: internetcoin(or so called ecoin) - the ultimate cryptocurrency!
Post by: johnyj on August 17, 2011, 11:45:42 AM
… ecash also reserved  ;D
too late: http://en.wikipedia.org/wiki/Ecash

Ok, I removed ecash, actually the e* name is not that atractive


Title: Re: internetcoin(or so called ecoin) - the ultimate cryptocurrency!
Post by: Lolcust on August 17, 2011, 12:23:21 PM

4. It has built-in trust rating system to secure the trading
 

Well, good luck with this one :p


Title: Re: internetcoin(or so called ecoin) - the ultimate cryptocurrency!
Post by: johnyj on August 17, 2011, 12:51:37 PM

4. It has built-in trust rating system to secure the trading
 

Well, good luck with this one :p

I think that "ripple" concept is also good

Rating based system need first 10 or so trades to establish a good rating


Title: Re: internetcoin(or so called ecoin) - the ultimate cryptocurrency!
Post by: Lolcust on August 17, 2011, 12:58:25 PM

4. It has built-in trust rating system to secure the trading
 

Well, good luck with this one :p

I think that "ripple" concept is also good

Rating based system need first 10 or so trades to establish a good rating

Well, it does nothing to prevent the "mybicoin-esque" long-planner scam scenarios

Also, would take lots of coder effort, and there is already a bunch of bitcoin add-ons that allow for transaction rating and commenting


Title: Re: internetcoin(or so called ecoin) - the ultimate cryptocurrency!
Post by: cdnbcguy on August 17, 2011, 03:08:05 PM
This won't work unless there is a rock solid constraint on supply system ala bitcoin. None of this web of trust crap will hold up over the long run.


Title: Re: internetcoin(or so called ecoin) - the ultimate cryptocurrency!
Post by: crazy_rabbit on April 05, 2013, 02:57:26 PM
Friday Afternoon Crypto-ReRuns! Bring back the favorite forgotten hits of alt coin past! 


Title: Re: internetcoin(or so called ecoin) - the ultimate cryptocurrency!
Post by: flound1129 on April 05, 2013, 03:08:50 PM
We could change the name to credits, quatloos, or spacebucks.

one million spacebucks!