I am not an expert at mining or technical side of coin development. So Is this even possible to create a coin which will be Mining Pool resistant?
I guess anti ASIC coins can be created. But how exactly can we create anti mining pool coin? Maybe something like this exists already?
Decred is mining pool resistant, PoS stakers can vote agaist PoW miners PoS is a scam in every single possible way. I mean, I hardly agree with every single thing that OP was saying, but you do have to judge the crypto by it's usage and development... not just some hyped up white paper that uses a lot of buzz words to catch your attention, you need to dive a little bit deeper than the buzz words. I do think some form of ASIC resistance is a good thing. Centralization of miners would be a lot tougher, but all in all, if you want to use some form of crypto currency that uses a blockchain, then you will always have pools. Unless you could some how force people to mine only on their daemon and prevent people to connect to other peoples nodes, then maybe... but that comes with a lot more cons thans pros in my mind. Why do you think that PoS is a scam? I believe that in some time a better way of distribution would be found. I'd like to compare it with bank interest (when you deposit some money). And why you disagree? I have been told that banks are sometimes using a 50-year old code. If Bitcoin (for example) becomes a larger threat to the banks (or whatever), they will just enforce laws and create their own. With that said, I'm not sure if its good cryptocurrencies to have a better adoption, because it could be the beginning of their end (as we know it). Don't get me wrong, I'm just trying to be realistic here. |
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I am willing to bet facebook's market cap that no more than 0.001% of facebook's user base will ever give any type of fuck about a crypto social network.
Are you sure? That's about 16500 people, which is not a big figure.  |
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real life pragmatic usage. why steem is a success even tho its inflated and centralized
Yes! I'll quote a comment who made me laugh about 10 mins ago.  I think we need to talk about getting more than just nerds, speculators and drug dealers to actually use Bitcoin first before we start proclaiming the death of Facebook through gimmicky social media coins.
There are approaches of decentralized trading platforms allready on their way.
Approaches - yes, but real decentralization is currently something imaginary. |
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volume wise, yes. I remember it was 8000 btc or so during one 24 hour period. that was pretty much unprecedented back then for a previously obscure alt.
Obscure? And which cryptocurrency introduced mulipools? This was huge back then. BC is in fact one of my biggest mistakes. A "virtual friend" was telling me on CoinEx trollbox to buy when the price was 500 satoshi, but I refused. Then I decided to buy 200k when the price was 750-800 satoshi on Poloniex. Then about a week later it was listed on Mintpal and I sold all and took about $3k profits. About 2 weeks later the price went to $0.57/coin. |
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FailCoin with the FailCommunity! You can now lock this thread. |
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I think we need to talk about getting more than just nerds, speculators and drug dealers to actually use Bitcoin first before we start proclaiming the death of Facebook through gimmicky social media coins.
Hahaha, couldn't have said it better. |
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I think that people should think twice, before investing in projects which claims to be decentralized. Why? Because cryptocurrencies needs usage in order to succeed. Bitcoin is the king, but it is controlled by the chinese, same goes (probably) for Litecoin. If you stop for a minute, and think for a while, you'll realize that even the air is centralized. Why would you care if some guy has more bitcoins (or whatever)? It is working! In my humble opinion, "the war" about decentralization will be lost. It may have some success, but it will become something like currently the darknet markets are. Don't buy promises, roadmaps and whitepapers, buy the project's usage!
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i wouldn't... doesn't matter if it is scam or not, 2 years in crypto and they still didn't do anything meaningful.
That hurts. Why don't you try do something, without 10k BTC from an ICO and then show us your progress? |
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Facebook is currently worth about $400-$450 billion, which is like 30-35 times the entire crypto market. I believe that if FB accept something as a threat, they'll just buy it or ruin it. Keep in mind that not only Zuckerberg is behind Facebook.  Same applies for google. |
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Rimbit never had significant volume and if you see the graphs, you'll notice that it was pumped and dumped at least 5 times. The site looks cool, the presentation too, but I'm not sure if it is a good idea to buy some...
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I can still register on the testnet. However, the main net doesn't work. It is working (parts of it), but with MSK, which has no value. Testers must have some incentives, given the large premine (currently valued @ $340.000)... |
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Yup, and as far as I remember they promised a price of $1/coin on START. At least it has longer life than MAX who was dumped in like a month. |
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I guess Vcash is hybrid. But why not ETC or ETH or SIA? They're all pure POW with higher volume than XVC or DGB.
Already have ETH and ETC on another thread titled 'ICO Projects and Crypto Platforms News and Info.' Thread HereThis thread is more for the cryptocurrencies with the more 'old school' feel to it if that makes any sense. I will look into SIA. Thanks for pointing that out. Dash is so "old school" (premined). I wouldn't put even a cent in it. That's like living in Sudan and vote for Omar al-Bashir. |
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I just will make opinion about ETC because i don't trading ETH, if i looked at https://cryptowat.ch/poloniex/etcbtc/1h the price of ETC is still down trend, still there are not signal for up trend although ETC gets support, but it is just my opinion and analysis. It is getting some support, but it currently looks like a graveyard. Anyway, maybe it will rebound a bit.  |
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Why this thread should be only about PoW coins? You don't think that PoS has a future?
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I like dem shoes (both Keiser's and Herbert's). |
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it's not big deal litecoin in bitstamp
But of course its not a big deal. It would only be listed on exchange, which happens to be located on a continent with a population of 750 million. |
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