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13181  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 11, 2013, 01:06:49 AM
Hm... I actually think you're overdoing it there. I'm no fan at all of republics and this 25% distributed to whatever cause is a bad idea. Basically its very open to abuse.

Ok, how do you suggest leveling the playing field a bit more without targeting people or specific miners such as large miners?

If you guys think its a bad idea, great, it's gone.  It makes no difference to me personally.
13182  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 10:29:47 PM
But seriously, where is Hazard and the other C4n10 guy?  No reply in 24 hours.  Bad service I tell you.

I really want to run these ideas by a programmer to see what's actually doable and how much extra it will cost me.
13183  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 10:24:10 PM
Gonna go mine me some NUGs




Ahahhaa.  Man, that has a kind of likeable sound to it.  A people's kind of sound.  Like meat and potatoes as opposed to the caviar and lobster out there right now.
13184  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 10:07:55 PM
I like Nuggets! =D They remind me of chicken...mmmm chicken.

Man, I like nuggets.  Kinda gets your attention even though it doesn't mean much.  Lots of McDonalds lovers in this world.  Ha!
13185  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 10:05:22 PM


As odd as it seems, from following your posts for the last week or so, you have my interest to at the very least watch to see what your going to attempt to try with your coins.  The 1% is alot better as well.  But I will say if your going to try to implement something totally new, like a script that gives more to the smaller miners, that will end up costing you a bit of money, as that will take more programming know-how.  Who knows I will probably even join onboard if it's a scrypt based coin.  If it's SHA-256d, count me out.

Ok, but this coin is meant to help level the playing field.  And I tried mining LTC with a $1,700 dual 7850 GPU and I was barely covering electricity.

So clearly, any new guy without tons of money or the small miner who can't get that brake is nose screwed.

So ignoring fear, money or greed, is the best way SHA256d?

I mean why wouldn't you wanna merge mine?

Why wouldn't you want a future proof coin which is ASICS.

Next year ASIC 2.0 will come out and the little guy will own an ASIC.

To me SHA256 is the best way to go.  And relatively speaking, this coin would benefit the smaller miner so that's gonna help a lot.  And it's not like scrypt is an easy way to mine.  It's all a joke now unless you have minimum $5,000 just for starters, and let's face it, most don't.
13186  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 09:32:09 PM
Long and complicated!

Ok.

Let's brainstorm this mofo. The name should ideally come from here not me.
13187  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 09:31:00 PM
The 2 guys building coins for people, are they both on vacation?  I PM'd them both yesterday and nothing.

What, they don't want my money?  I won't to run this by a programmer but don't know who to trust.
13188  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 09:26:45 PM
... you're officially weird.

But I like weird so where do I sign up? For me this will be a coin to watch Tongue

Amin brother.

And I'm not weird, this idea is weird cause I officially don't give a damn about the status quo, and that's a rare stance to see which is why this sounds weird.  I always functioned in the "I don't give a damn about popular opinion" world and in general I suffered for it.

But in this case the popular thing is the good, right thing.  

This is a rare and wonderful thing.  

How about MineLifeCoin?  This coin is for the masses, the miners(MINE) with the scope of improving the mining capacity and thus the life (hence: MineLifeCoin) of those that need it most.
13189  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 09:16:06 PM
FrackingCoin >.> <.<; (Maybe I need to lay off the ideas on how to kill the coin before it starts XD)

Isn't the democratic process putting ideas up for a populous vote before implementation?  Why is inviting coin killers any different.

I think these attackers serve an important service.  They're the white blood cells in this crypto body - killing off all unwanted foreign entrants.  More power to the hackers - kill all CrapCoins.
13190  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 09:13:32 PM
I'd be interested in hearing more about this... going to call it the MarxistCoin?



I guarantee even the biggest miners will not think this is a commie coin.
13191  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 09:07:33 PM
I'm chuckling every time I see him say "SHAW256" instead of "sha256d".

Thanks for the correction.  I know nothing about programming and I'm new to alt coins.
13192  Alternate cryptocurrencies / Altcoin Discussion / Re: Fair Profit for Coin Founders on: July 10, 2013, 09:03:32 PM
Would someone like to explain this 51% attack to me? I feel like I'm missing something rather important.

That said, on the face of it, nothing looks more democratic. Though with enough determination and will power behind something then it will succeed even in the face of public opinion. It just takes time. There are a lot of people against bitcoins, litecoins and other such currencies, yet it hasn't stopped them from excelling.

Bingo!

That's why I'm not afraid of failing and I invite a 51% attack.  Given it doesn't cost that much to launch a coin a fair launch should be fair for the community not the developers. 

And what better way to know a coin is wanted and will potentially succeed than to invite hackers and miners to kill it?  If it has merit then you'll quickly find out.

If it's another CrapCoin then it should be killed.

And the fear of an attack should make a coin better but instead devs do sneak launches and scrypt coins so they get rid of the democratic process.

A computer guy can explain a 51% attack better.  But, If you want fundamental analysis of a real asset I can help.  lol
13193  Alternate cryptocurrencies / Altcoin Discussion / Re: Fair Profit for Coin Founders on: July 10, 2013, 08:12:30 PM
Power in the hands of the people?

...great. That's me dead then Cheesy

No.  The majority of the miners have small rigs and they just can't catch a break.  The people's will is usually the best way to go but if you're a dev your main concern isn't the miners but rather how can you keep your coin from getting killed and then you actually take steps which go against the power of the miners since it is the miners that can kill your coin.

I'm doing the opposite - I'm runnin' and gunnin' straight for the miners and if they love this coin then they'll adopt it and it will thrive and if it sucks then I'm giving enough heads up time and making it SHAW256 where they can easily kill it.

What's more democratic than that?
13194  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 08:06:23 PM
Sounds cool.  I'll definitely follow it's release.  Good luck Smiley



Thanks.

Any preferences for a name?  How's SantaCoin?

What about making it future proof by using SHAW256 instead of scrypt.

Shaw means it may get killed easier but I don't care about that - merge mining is a huge benefit and soon even the small guy will own an ASIC.

Therefore, I think SHAW256 is the best way to go as far as you, the miners, are concerned.  If this coin was for me I'd so Scrypt to prevent any chance of anyone killing it with a 51% attack.
13195  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 08:02:33 PM
Ondrata, how am I launching a crappy coin when you don't even know what it is.

Nice attitude.

And isn't this the best way to not launch crappy coins?

A) Ask the audience what they like?

B) Give minimum 3 day heads up and SHA256d to have the coin killed if it is trash?

Who has done this for this community?

I killed my CatholicCoin and OrphanCoin idea due to too many people not liking it even though plenty did and it might have survived a sneak launch or I could have forced another CrapCoin down your throats with a scrypt coin that can't be killed.

If everyone did what I'm doing, no CrapCoins would make it to exchanges.

Can you people not even recognize honesty when you see it? Maybe you all deserve to be buried under thousands of worthless coins.  In the next 24 months there's gonna be over 3,000 alt coins on the market.

My honest and open approach prevents that.  
13196  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 07:51:09 PM
Rewarding smaller investors is actually the basis of capitalism... otherwise you just end up with Microsoft and nothing else, because microsoft own everything. Then again, decentralized currencies are the bane of Marxist ideology...so that'd be a bad idea.

Sounds like this is pooling all the blocks and giving people a percentage... that is going to make people destroy the coin by their own greed.  Sounds like Marxism and why it will never work, to me...


No, but that's a good guess.

I don't want to give anymore hints cause I want to me the first to launch this feature since I thought of it.

I wish there was a programmer I trusted to run this by them.  The Hazard guy ain't responding.

But I'm not socialist bro, and I'm launching this particular coin mainly cause I tried mining and it sucked cause I didn't have a huge rig.  Why should the majority suffer when they have the power to write their own ticket?

And I promise the big rigs will be happy too and this feature will encourage more mining not less.  It's fair to everyone but more-so to the smaller miner, the smaller the bigger the benefit.

But I promise it's not a feature any miner, big or small, will dislike.

In fact, after mining with this feature all other mining will appear, archaic, dead, boring and unfair if you're small.

I sincerely expect most if not all new coins from now on to employ this "VGB Protocol" feature.

I can't say anymore - too many idea thieves lurk about.  
13197  Alternate cryptocurrencies / Altcoin Discussion / Re: Fair Profit for Coin Founders on: July 10, 2013, 07:42:37 PM
@Vlad, to be honest, you sound like a total newbie to this crypto game to me, even though I have only been in the game roughly the same amount of time as you.

I don't think you should ever try to launch a coin anyway, it will be DOA, 99% guaranteed Wink

Why? Because you have nothing to add value to the project.
- you can't code
- you can't promote
- you can't design (I assume)
- you can't pay

=> So what have you got to offer?

Fresh ideas.

New perspective cause I an
a newbie and an Econimist and not a programmer.

Total honesty with self imposed checks and balances.

And I can pay. I didn't think I could yesterday cause I thought it was $10,000 to just launch a coin.  Now that I know the cost is way less this is almost comical.

Hence, I'm the only guy offering at least a 3 day heads up and ASIC merge mining so people can mobilize and kill any coin I put out of its trash.  This is what a real fair launch is - let the community and mining market decide what's trash and what should die, no more sneak launches.


Who has been that honest? Who has put that power in the hands of the people?
13198  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 07:24:03 PM
I'm by no means advocating Scrypt as I don't really understand one or the other. However merge mining isn't the top of my priorities. If needs must I'll simply purchase the parts for a new system and have it run independently as a server more than likely.

Considering you're actually putting money into this, I'm kinda worried for your bank manager that you don't care if it gets killed. Hehe. I'm sure the miners will put the bounties together to upgrade and develop so that the coin doesn't get squashed under the foot of the mighty asic.

Yesterday I thought a new coin cost $10,000 to launch that's why I wanted 25% and was a bit worried about a coin getting killed.

Dude, launching a coin is way cheaper than that.  If it dies it deserves it and I'll be out a bit of money.  No big deal in my mind. 
13199  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 07:12:23 PM
scrypt is apparently better and quicker. However my personal vendetta would be which ever is most secure and I have a hard time understanding why bitcoin uses sha256d instead of sha512... but my opinion here is someone tainted by newbism.

How is scrypt quicker?  I tried mining LTC AND it was the lamest thing. 

And don't you want the option to merge mine with Bitcoin?   Think about a year from now when you may buy an ASIC, it would be nice to merge mine Bitcoin and this coin.

I think SHAW256 is the best for these reasons, its future proof.

And I think most coins today avoid SHAW256 to avoid killer 51% attacks by ASICS.  I don't care about that, if this coin gets killed it deserves the brutal death it gets.
13200  Alternate cryptocurrencies / Altcoin Discussion / Re: A Coin Made Especially for Miners. on: July 10, 2013, 06:53:32 PM
What do yo guys think:  SHA256d for merged mining or scrypt?
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