Bitcoin Forum

This innovative algorithm turns Bitcoin into a pure decentralized system. Public mining pools cannot exist.

https://www.deadpoolcoin.org (https://www.deadpoolcoin.org)   -> Community will build website

https://explorer.deadpoolcoin.org (https://explorer.deadpoolcoin.org)

Announcement has already been made on the following social media platforms:

https://www.twitter.com/DeadPool_PoW (https://www.twitter.com/DeadPool_PoW)

https://t.me/DeadPoolPoW (https://t.me/DeadPoolPoW)  -> Come here to get one utxo to start mining

https://github.com/deadpoolcoin/DeadPoolCoin (https://github.com/deadpoolcoin/DeadPoolCoin)


Satoshi's original Bitcoin has become very mining centralized.
DeadPoolCoin forces all miners to solo mine by using a two stage approach.

Stage1 and Stage2 mining eliminates mining pools from Bitcoin.

Stage1:
  Only needs one utxo (at least 1 satoshi) and solution trivially found.
  Once a wallet has at least 1 mature satoshi, the PoW mining starts in Stage2.

Stage2:
  Where all the PoW mining happens.
  Continuously signs and hashes using the key obtained from Stage1.


Since all the work requires knowledge of the private key from Stage1, only miners that
have the private key can mine. This eliminates mining pools from forming as no sane person
would ever reveal their private key to another.

Other chains have relied too heavily on the use of too many utxos for mining.
DeadPoolCoin eliminates mining pools while being a nearly pure PoW chain!

2 unique utxos will be near optimal for each mining wallet as the miner ping-pongs between mature utxos.

If you think you can mine 6 consecutive blocks in the chain, you will need 6 utxos.
If you think you can mine 1000 consecutive blocks in the chain, you will still only need 6 utxos.

All work is PoW, more than 2 utxos will not give any benefit for most miners.


Come join Telegram https://t.me/DeadPoolPoW to get utxos to start mining.

Is there no official Discord yet? Everyone is welcome to join my community Discord to discuss DeadPoolCoin. The link is: https://discord.com/invite/F6JGyEw8ad. Then, head over to the DeadPoolCoin channel: https://discord.com/channels/1296640366367342654/1330341295226617997

MINING POOLS BELOW:

We challenge the community to try and make a mining pool for DeadPoolCoin.

If you succeed, the coin is instantly dead.

Good luck!

this coin is dead even before starting, the concept of excluding mining pool is revolutionary, but the block time delay, the difficulty will lead into everyone abandoning the coin, because only a big farm will eventually mine the coin, why would a normal person with simple hashrate keep spending electricity and money in 0 coins?
if the distribution was more equally distributed (i don't mean everyone must receive coins, but there is a big difference in the current system where someone get all, and everyone else get zero)
on telegram you are focused only on your idea, without listening people, and remember that people are the community, bitcoin would be nothing without community supporting it, remember that.

It's a bit more complicated than that. You should try not to think in traditional patterns but rather adopt a more lottery-oriented approach.
Let me try to explain.

Imagine such a system after a few years, with a block reward of $25,000.
Someone comes to mine with their PC and GPU. They realize, based on statistics, that it would take them 2 to 3 years on average to find a block.
Some people won't try, but others will take their chances—many will take their chances.
From there, many possibilities arise.
They could get lucky and quickly find a block, then continue mining. They could also stop after finding one block.
They might be unlucky and never stop out of pride, spending years trying to find a block—a block that could ultimately reward them far more than they initially imagined.

In every scenario, someone is individually protecting the chain. The bet is that these individuals will number in the thousands at all times.
Of course, this won't prevent mining farms from competing to gain hashrate, but it will remain farm vs. farm, just on another scale—or possibly private pools. But never public pools.

This will result in a coin that is more decentralized and resistant to attacks than Bitcoin, and likely less energy-intensive, because the curve is broken by the lottery factor.

The imposed solo mining is a unique constraint that is still little known, and that's the whole interest of this technology.
All of this might take time to be understood because it’s new; personally, it took me several months.

Another important thing you need to know is that, for another reason, you are right—this coin is likely doomed to fail because it is a joke, or rather, a message.
In fact, the concept has already been implemented for over a year in another coin, which you should have no trouble finding. There’s a large community, but the story of that coin is chaotic because the protocol was built in several stages.
Here, you have the latest version—the one that is probably perfect but has not yet been implemented in the original coin. That coin would need to be forked to do so.

Know that the same person is behind all of this, and that person is a genius.

At 20$ per coin premine will be gone

btcw  coin   i

i said that this was a good idea in the wrong hands, reading what happened this is very wrong hands...

DEADCOIN is right name - code has backdoor to preminting of coins ,  no pool point is just scam and dev is pure scammer - avoid this coin at all cost. DEAD ON ARRIVAL - watch out if same dev try to rebrand launch again

This algorithm on this coin is very promising. I've been in crypto space since 2015 and have not seen a coin capable of preventing formation of mining pools.

I was lucky enough to have received some coins in the beginning before the project seemed to have faded.

I am going to revive this project with a new Telegram:

https://t.me/DeadPool_Bitcoin

Join there and I'll provide coins to get you started.

The journey could be interesting. Looking forward to see how much interest this project will have!