It's such a hard decision!
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Found a new, user friendly name.
Rivercoin
Packets and requests are within the main river and the water is then split up into smaller streams and canals and such to distribute water to other places. The name isn't even taken either : )
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Ya know what? Help me come up with a better name for this. I was thinking Crowdblock or Bitflare or something.
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Very interesting, reduce total number of coins
There are over 250,000,000 registered domain names. This is the sole reason why I made it so many coins because we're going to need nodes on as many sites as possible.
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True, though I would want them to try and attack the site once all the nodes are up.
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Amount needed - .05
Why? Need to payback a friend.
Payback 10% (0.055)
Time: 24 hours or less. It's a really quick loan.
Wallet address: 1PTNSYEd6XwiU66emBdhpkZ42SNW76QdXX
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The first premine is going to be used toward the development of the coin.
The second premine is going to be used to distribute to domain name owners who can implement them on their websites.
Obviously, most of you haven't read the OP. You only saw the premine amount and were gone. Look again!
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This is the logo I came up with and an use example: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FFAhKr4G.png&t=664&c=4D3DGGWa7eepbA) -Showing it in a low res image instead of watermarking it. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F6y3faBA.png&t=664&c=Ekp3asta1pcePw) Hope you like it Interesting, but I'm sorry it's not what I'm looking for.
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Holy crap, a coin launching from someone with an account more than a day old ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) That alone peeks my interest with 99% of the coin launches being brand new accounts! Right? Oh and whitepaper within this week.
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I'm giving it a shot. I like the idea and I think I can recycle some previous work into this concept. Should have something done in around 15~20 minutes.
Cool
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It is originally here just to inform people. I'll delete it once I make the real announcement.
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interesting idea, will wait for the whitepaper. It better be well detailed ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Hell yeah it will!
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Why isnt coinler or Gtx in IRC and any way he can prove he is hiring devs? M3 is fine he said it himself he doesnt mind anything
They were earlier. Coinler left early, didnt hear much from him, as I joined late, but GTX was tehre for a while discussing the plans. He had to leave, it was getting late where he is. Will keep us notified with more details. I trust GTX a lot more and i was suggesting an idea called ICG Fund where 2BTC will be converted to ICG or equilvalant of 2 BTC will be in ICG. This will insure once FUD clears development insure the 2BTC will be a lot more and its around 5percent of all coins atm. ^^^ This
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20% premine? When it stops?
That first one for the IPO for development. The second is for distribution for people who own websites. I want as many nodes as possible.
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Specifications X11 PoW/PoM 500,000,000 total coins 30 days of mining Block time: 1 minute Reward: 9260 per block. No halving ICO 50,000,000 (10%) Distribution 50,000,000 (10%) What is DoS? DOS is Denial of Service coin. I came up with the name because it fits perfect with the idea. A website integrates DOScoin within their system by changing 5 coins into an M Node (Mitigation node). What it does is that when a flood is happening, the faucet starts and mitigates it to other websites which also have the M node. The more nodes we have set up, the less severity the DDOS attack could be. Crowdsourced mitigation. I plan on releasing the whitepaper soon. Things I need: People with websites. Coders and Developers. You will be paid for your time through the money accumulated through ICO.
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had to take a nasty loss here. im out got no choice, the coin is stained now. rep is difficult to build. what guarantee is it that gtx isnt pumping price to get out
No pumping the price. Don't have the coins. But I still don't know if the people I know would do this for free in the start until it gets a stable community.. As soon as I get a response I will write about it. Get donation addresses going where the community chips in, in BTC and in ICG. Set a negotiated amount aside for development and pay accordingly, either upfront (i dont advise), or set milestones and pay incrementally after each release. My 2 cents, because thats what my investment seems to have turned into. Great idea
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It's called Sweetening the deal.
Like I said, Dev only had 150k coins.
You can't impact the market with that amount.
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