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Hi,
We are looking for an altcoin developer for a altcoin project.
Please pm me.
The project is basically to get an altcoin into countries where bitcoin penetration is low.
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Please post if you want to add yourself to the team, you skill and what part of the project you want to contribute on .
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same here, busy ckz of the meetup on the weekends.
Will start on the specs today and i hope other will also submit their own, so that we can chose the one the suites this project the best.
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This meetup was very good and have many people interested in bitcoin. the discussions was awesome.
Hoping to see a larger output in the next meetup .
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Please post all the spec and algo recommendation here.
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Hello All, As we have an awesome resource of the IRC chat room, I was wondering if there was some time slot during the day, when we can have everyone login. Does not need to start a conversation, although I suspect that something will start  Would be good to see some inputs on time slots. Join through Tor. IRC does not care! How to use TOR in India ? Is that legal ? download tor setup and configure your irc client. For eg: Xchat setup for tor http://pastebin.com/hR9FakGs+1 and get your self a cloak too you can request for a cloak here http://www.wikihow.com/Get-a-Cloak-on-IRC |
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wow this thread is exploding i can even keep up with the replies . I think we should move to the group chat at IRC https://webchat.freenode.net/Channel - #taproom |
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No, 20 billion is too high... more like 1 billion to represent population of india...
Hmmmm! good idea but... But with the "rupia" we can try to represent 7 nations- India, Sri Lanka, Pakistan, Indonesia, Nepal, Seychelles, Mauritious Cap needs to be removed but the amount of coins generated after a certain limit should be at about 1% of the first rewards block |
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We can even use Momentum algo like in protoshares- that way its more cpu friendly than scrypt - though even it has a gpu miner released but not much adv over the cpu
not much alt-cryptos are under this algo - to be accurate only 1. but don't know for sure
Invictus Inovation's have much varying and interesting ideas - maybe we can start from there
I looked at it, would it not invite botnets like crazy? bot net will be a problem even if scrypt is used. |
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Can use the hashing that quark uses or come up with our owne.
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OK! its exciting we started this thread. Here is my idea for the coin:
Block No Reward supply Total supply
0-400,000 20000 8,000,000,000 8,000,000,000
400,001-800,000 10000 4,000,000,000 12,000,000,000
800,001-1,200,000 5000 2,000,000,000 14,000,000,000
1,200,001-1,600,000 2500 1,000,000,000 15,000,000,000
1,600,001-2,000,000 1250 500,000,000 15,500,000,000
2,000,001 and above 500 4,500,000,000 20,000,000,000
Total CAP: 20 Billion
Block Time: 30seconds
Blocks per day:2880
Diff re-target: every 960 blocks(3hrs)
Money supply max out in approx 10.5 years
Which current alt-coin comes closest to a build like this? Lets base it on the latest release of bitcoin, with the above specs, but remove the cap and replace it with scrypt |
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Pune, Goa, Cochin, Trivandrum, Coimbatore need meetup groups as well.
Anyone from these places?
Any more places to add to that list?
Pune has a good number of people involved in bitcoin. By the way can you come out of your woodworks, mr Wheel . |
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Thanks Cant share much about ED visit as of now. I am planning to contribute more on forums for the time-being, and yep blogging too. Regards Its okay we do understand seriousness of issue. Forgive him for asking silly question. We look forward to your contribution for 'time-being'. I beg to disagree with u. Sathvik Vishwanath's issue was no less serious than Mahin Gupta's. Hmmmm.. How would you know? During the course of an investigation, anyone involved can be asked by law to talk to absolutely no one about the proceedings of the case. Maybe this is what has happened in Mahin's case. +1 |
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Ok starting a project thread to discuss the creation of a alt coin specifically to increase volume and use in india. phases to the project Phase 1 Discuss the properties of the altcoin. Discuss problem and solutions. Implement Solution to check viability. Discuss and look into impact and viability Whitepaper release Phase 2 Development Testing Phase 3 add support systems. pools, Block Explorer, Exchanges, backup nodes, newbie guide add services Faucet, giveaways, games. Phase 4 logo design, wiki, webpage. IRC channel Phase 5 Release At the moment we can use the #taproom as the main channel for discussion. Will keep this thread updated with every new development. This will be a completely decentralized project, every one is invited to contribute, any thing from skill, advice, solutions, servers and workspace, time, or even the occasional troll in a few days we can come up with a working model on how the coin should look like. TEAM 
Please post if you want to add your self to the team . and you skill and what part of the project you want to contribute on .
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Ok lets start a project, first discuss what this alt coin needs and any change in the hashing alog, block time, difficulty re-target, and the properties it require.
I will get a thread started on the alt coin sub section.
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The main thing is to have a timelock white list added to it . if that is solved it can be created specifically for india. otherwise its going to just another altcoin. An alt-coin with majority of its publicity across India, may enable a higher % of funds to be retained in India rather than being mined from outside. We should enable global mining as that gives Indians a way to reach farther and engage in barter on a global scale. That is why i said it should have a time lock whitelist, let it be mined in india for about 3-6 months and then the whitelist expires and lets every one around the world joins in. |
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How about starting a 'India Coin'  ? If such a coin comes up - it won't be a major hit Maybe - "Ruppia Coin" - Like "USDe" it can represent many of the Asian communities which have rupee has their currency If someone can take the trouble of the characteristics and maths of the coin including blocks per day, I can compile it and create the alt in a week or less. The rest of the ecosystem would need contributions from others as well. We would need a mining pool, faucet, exchange integration, etc.. The main thing is to have a timelock white list added to it . if that is solved it can be created specifically for india. otherwise its going to just another altcoin. |
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