Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: traincarswreck on November 09, 2014, 11:25:21 PM



Title: Nas Coin, a new paradigm for cypto
Post by: traincarswreck on November 09, 2014, 11:25:21 PM
Over a year ago this manifesto for poker was posted on the players global poker community forum https://www.scribd.com/doc/224948379/Ideal-Poker

Since then I have been trolling many different poker related communities making posts from ideal poker and a related explanatory blog without giving the proper context and reason why.

This is the explanatory blog for the entire project and revolution that was predicted
http://thewealthofchips.wordpress.com/

This is the coin, it is essentially a counter party asset http://thewealthofchips.wordpress.com/2014/11/06/nas-coin/

Here is the explanation of the implementation (asymptotically ideal poker) http://thewealthofchips.wordpress.com/2014/11/09/asymptotically-ideal-poker/

These are cliffs on the implementation: http://thewealthofchips.wordpress.com/2014/10/28/cliffs-asymptotically-ideal-poker/

Here is where it will derive its value: http://thewealthofchips.wordpress.com/2014/10/29/the-intrinsic-value-of-effective-rake/






Title: Re: Nas Coin, a new paradigm for cypto
Post by: Don Flamenco on November 10, 2014, 04:50:47 PM
Over a year ago this manifesto for poker was posted on the players global poker community forum https://www.scribd.com/doc/224948379/Ideal-Poker

Since then I have been trolling many different poker related communities making posts from ideal poker and a related explanatory blog without giving the proper context and reason why.

This is the explanatory blog for the entire project and revolution that was predicted
http://thewealthofchips.wordpress.com/

This is the coin, it is essentially a counter party asset http://thewealthofchips.wordpress.com/2014/11/06/nas-coin/

Here is the explanation of the implementation (asymptotically ideal poker) http://thewealthofchips.wordpress.com/2014/11/09/asymptotically-ideal-poker/

These are cliffs on the implementation: http://thewealthofchips.wordpress.com/2014/10/28/cliffs-asymptotically-ideal-poker/

Here is where it will derive its value: http://thewealthofchips.wordpress.com/2014/10/29/the-intrinsic-value-of-effective-rake/






Interesting.  Thanks for the info.


Title: Re: Nas Coin, a new paradigm for cypto
Post by: EvilDave on November 10, 2014, 05:36:05 PM
Confused.....is the OP aware that NAS(coin) already exists in the form of an Nxt clone ?
http://coinmarketcap.com/currencies/nas/


Title: Re: Nas Coin, a new paradigm for cypto
Post by: traincarswreck on November 10, 2014, 05:41:09 PM
Confused.....is the OP aware that NAS(coin) already exists in the form of an Nxt clone ?
http://coinmarketcap.com/currencies/nas/
The name is mostly trivial, it is not an alt-coin though, not sure what an alt-clone is exactly.


Title: Re: Nas Coin, a new paradigm for cypto
Post by: Piston Honda on November 10, 2014, 06:25:47 PM
Like the rapper?


Title: Re: Nas Coin, a new paradigm for cypto
Post by: belmonty on November 10, 2014, 08:04:13 PM
Confused.....is the OP aware that NAS(coin) already exists in the form of an Nxt clone ?
http://coinmarketcap.com/currencies/nas/
The name is mostly trivial, it is not an alt-coin though, not sure what an alt-clone is exactly.

It's an alternative coin to bitcoin. Most alts are basically almost the same as bitcoin, but have a different name and logo and different total numbers of coins. Nascoin is not based on bitcoin, but on Nxt, which has a completely different code base to bitcoin. Nascoin's dev disappeared and the coin has crashed heavily in value since, leaving a lot of angry investors who feel they have been ripped off. It might be a good idea to choose a new name for your asset.


Title: Re: Nas Coin, a new paradigm for cypto
Post by: traincarswreck on November 11, 2014, 06:15:52 AM


It's an alternative coin to bitcoin. Most alts are basically almost the same as bitcoin, but have a different name and logo and different total numbers of coins. Nascoin is not based on bitcoin, but on Nxt, which has a completely different code base to bitcoin. Nascoin's dev disappeared and the coin has crashed heavily in value since, leaving a lot of angry investors who feel they have been ripped off. It might be a good idea to choose a new name for your asset.
Not worried about the name, the concept is the coin gains its value from the existing community's adoption.  The current inefficiency already present in the existing network seems to provide a conduit for a natural power vacuum.

For example I see many different poker related coins or sites, but never one proposed by the players for the players, in order to link the entire industry together.  

http://thewealthofchips.wordpress.com/2014/11/11/what-is-ideal-poker-what-is-asymptotically-ideal-poker/
Quote
Ideal Poker: Theory proposed to stabilize inter-site effective rake. The idea is for players to create and adopt a universal digital poker coin creating a near zero (or zero) cost network for instantaneous bankroll and exchange (ie “money” for chips) transactions. By creating “network liquidity” the players are able to put pressure on sites to offer a rake standard of superior quality.


Title: Re: Nas Coin, a new paradigm for cypto
Post by: belmonty on November 11, 2014, 11:52:10 AM


It's an alternative coin to bitcoin. Most alts are basically almost the same as bitcoin, but have a different name and logo and different total numbers of coins. Nascoin is not based on bitcoin, but on Nxt, which has a completely different code base to bitcoin. Nascoin's dev disappeared and the coin has crashed heavily in value since, leaving a lot of angry investors who feel they have been ripped off. It might be a good idea to choose a new name for your asset.
Not worried about the name, the concept is the coin gains its value from the existing community's adoption.  The current inefficiency already present in the existing network seems to provide a conduit for a natural power vacuum.

For example I see many different poker related coins or sites, but never one proposed by the players for the players, in order to link the entire industry together.  

http://thewealthofchips.wordpress.com/2014/11/11/what-is-ideal-poker-what-is-asymptotically-ideal-poker/


Yes, but the original Nascoin uses the ticker NAS on exchanges. If your coin also uses NAS it will confuse people, they will not know which coin it refers to.