I'm trying to work out which existing altcoin features are actually valuable to members of the crypto community - please share your thoughts so we can separate out the fud.
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more details will follow when we have established if there is any demand for this
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I'm aware of the pywallet method of removing transactions, but would the following produce the same result? - backup wallet
- export private keys
- stop ---coind
- delete wallet
- start ---coind
- .. wait a while ..
- import private keys
please advise
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I'm afraid it would result in zero trade volume, because people would do the smart thing and sell ridiculously high and buy super low. No orders would match up, the spread would be crazy. A midprice ? I don't think your customers will be very happy if their order executes at a sell price 4x lower then they intended, for example. Sorry I have nothing more positive to say, except that it's a novel idea Fair points. The scenario's I was considering were more for large one off movements of coins, dark liquidity dealers, larger traders and investors swapping chunks of assets or clearing out portions of their holdings and so forth. One clarification, the mid price would be the other way, where orders overlap say buy at 5 and sell at 3, so price would be 4.
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Idea: - no visible order books
- bulk amounts only
- enter buy/sell, amount, currency offered, currency required, rate per x-units
- if the trade matches an existing offer it's settled
- where there is a difference in buy/sell price a mid price is automatically selected so both traders benefit
Comments? anybody want this service?
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Another IPO with premine.
We are still at the earliest planning stage. If you can suggest an alternative way of allowing this form of consolidation (swapping multiple alts for this coin) which doesn't entail having coins to issue them, please do make the suggestion. simple. decentralised mining. So miner's would mine for free, send all mined coins to , and then traders would swap alt-x for coinsolidation. The miner's would then take the alts, send them to an exchange and put up a buy wall for coinsolidation. Without taking any profit? I'm a little confused.
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We are planning a new coin which will consolidate features of multiple existing coins in to one. You, the investor, holder, miner, service provider, trader, are the customer, your requirements should be well known and clearly defined. A great deal of good work has been done on various different coins, we hope you can share which features you really find valuable and useful in existing alt coins, so that we can consolidate all of these in to single working unit. This thread is solely an effort to try and identify and specify an ideal, usable, non-bloated coin. Please do share your thoughts.
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Another IPO with premine.
We are still at the earliest planning stage. If you can suggest an alternative way of allowing this form of consolidation (swapping multiple alts for this coin) which doesn't entail having coins to issue them, please do make the suggestion.
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We will check your project, thank you.
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7 days seems a bit fast to give up the project in if there is no real interest
There is no point creating something if there is no demand for it. 7 days feels sufficient to establish whether and idea is viable or not.
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one request - 0 premine.
After implementation, you will be offered the chance to swap your currencies for consolidation
It is required, in this case.
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This project will not go ahead. We are working in numerous threads to crowd source and define a user focussed long term coin. After which point we will post a proposed specification. discussion on how should coin developers be remunerated?discussion on feature requirementsPoS/PoW Please join in the discussion. ===================================================== From time to time it is important to consolidate both technology and funds, the coinsolidation project aims to do this.
We will consolidate features of multiple existing coins in to one. You will pledge amounts of various crypto currencies you hold to the project.
After implementation, you will be offered the chance to swap your currencies for consolidation. All accepted currency will be converted to a major currency and used to create a permanent buy wall on the market at the coins initial value. An initial IPO may also be offered if there is demand. After launch the coin will be mine-able. Number of coins, % premine for distribution, % ipo, % mine-able will be discussed at the specification stage.
This is non committal by all parties until after specification.
Step One: Planning A 7 day period starting immediately where we gather coin requirements, and intents from those interested.
Throughout the next 7 days we will reply once per day to answer any questions.
Step Two: Specification We will work on a specification over the next 10 days, the final 3 days will be set aside to refine and negotiate any conflicting features.
Step Three: Commitment & Implementation Step Four: LaunchIf after 7 days there is no real interest the project will be forgotten. Thank you.
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