Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: virtualdn on January 15, 2014, 05:14:09 PM



Title: New Coin Idea - Lucky Coin
Post by: virtualdn on January 15, 2014, 05:14:09 PM
I don't know how to program this but this is how it works:

1. it doesn't matter how powerful your computer/mining rig is, even a poor computer can do it

2. everyone mining has the same chances as the others, no more investments in hardware

3. coins are earned (in different random amounts) only by pure luck, just leave your computer mining!


Title: Re: New Coin Idea - Lucky Coin
Post by: virtualdn on January 15, 2014, 11:33:57 PM
no feedback pls?


Title: Re: New Coin Idea - Lucky Coin
Post by: BrewCrewFan on January 15, 2014, 11:34:58 PM
I don't know how to program this but this is how it works:

1. it doesn't matter how powerful your computer/mining rig is, even a poor computer can do it

2. everyone mining has the same chances as the others, no more investments in hardware

3. coins are earned (in different random amounts) only by pure luck, just leave your computer mining!
already a lucky coin.


Title: Re: New Coin Idea - Lucky Coin
Post by: stompix on January 15, 2014, 11:35:22 PM
no feedback pls?

Probably because of this:
https://bitcointalk.org/index.php?topic=214614.0

There is already a lucky coin on the market which already has that random or lucky reward implemented.


Title: Re: New Coin Idea - Lucky Coin
Post by: tk808 on January 15, 2014, 11:36:25 PM
All the shitcoin names are becoming scarce


Title: Re: New Coin Idea - Lucky Coin
Post by: virtualdn on January 15, 2014, 11:54:07 PM
I don't know how to program this but this is how it works:

1. it doesn't matter how powerful your computer/mining rig is, even a poor computer can do it

2. everyone mining has the same chances as the others, no more investments in hardware

3. coins are earned (in different random amounts) only by pure luck, just leave your computer mining!
already a lucky coin.

it may be but im talking about a coin accessible to everyone, not for mining rigs


Title: Re: New Coin Idea - Lucky Coin
Post by: porcupine87 on January 15, 2014, 11:57:10 PM
I don't know how to program this but this is how it works:

1. it doesn't matter how powerful your computer/mining rig is, even a poor computer can do it

2. everyone mining has the same chances as the others, no more investments in hardware

3. coins are earned (in different random amounts) only by pure luck, just leave your computer mining!
already a lucky coin.

it may be but im talking about a coin accessible to everyone, not for mining rigs

So you have nothing. Just a vage idea? Hey, there should be a coin that can cure diseases. I don't know why but this sould be a good idea ( and yes, I know^^).


Title: Re: New Coin Idea - Lucky Coin
Post by: virtualdn on January 15, 2014, 11:58:17 PM
^^ i already said i dont know how to program it... never mind.


Title: Re: New Coin Idea - Lucky Coin
Post by: theomoplatapus on January 16, 2014, 12:03:08 AM
What constitutes a "computer"?  Can I run multiple "computers" on my machine?  Can I install a trojan virus and distribute it among people so that their computers mine for me?


Title: Re: New Coin Idea - Lucky Coin
Post by: jongameson on January 16, 2014, 12:08:40 AM
i'll buy eight

(just kidding it's a joke)


Title: Re: New Coin Idea - Lucky Coin
Post by: porcupine87 on January 16, 2014, 12:10:17 AM
^^ i already said i dont know how to program it... never mind.

You don't need to be a programmer to create a concept. The proof of work of all the coins is not here to make some rich guys richer. They just sacrifice something scarce. And this is mining power. Because with an anonym decentraliced network, there is not democratic election possible (everybody could make up gazillions of identities). But mining power you cannot just make up and everybody sees that somebody is sacrifice his mining power.

But let's just pretent, every person with a shitty computer has the same chance and one vote. Forget about the problem, that one person could just pretent to be 100000 and gets 100000 chances. So we assume 10mio. people participate. We have one block every minute. So everybody will get one block every 20 years. Great! And what is so good about that?

When people here make a CPU and tell you, everybody can mine, because it is a CPU, they just lie. You can mine Bitcoin with a CPU, too. You don't need a specialized hardware to mine it. But you are just slowier than with bigger hardware. So will your 2core i3 have no chance against some 72 core monster. And when many 1000 people participate, you will not get many blocks.

Greetings ;)