Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: alex_fun on April 10, 2013, 04:18:57 AM



Title: New currency that can cater for longer period of initial adoption. Ideas welcome
Post by: alex_fun on April 10, 2013, 04:18:57 AM
Hey folks,

I noticed many alts start with very easy difficulty and then fast go to some really high levels of difficulty.  What if in order to distribute coins to maximum amount of miners say in 1 months time the difficulty rises slower than double so in effect more blocks are issued to large number of adopters. Later on difficulty rise also dont have to be mega steep. Perhaps using scrypt with tough parameters to mainly facilitate gpu mining. A rewards per block can be set to reduce itself.   What you think? :)

P.S To keep miners interested new currency can aim to become transactional and generate income for miners in transactional fees.