Mining will not cease.

Subsidies will.

With all due respect, learn the distinction, and then we shall proceed to discuss the optimal way to build a deflationcoin

I'd like to remind you that Transaction Anonymizer can only operate with the premine, and that LTC and FBX/TBX have notably different assumptions about economics and even different blockrates.

I'd say the main driver of namecoin value would be US Gov and its ugly "intellectual property protecshun" initiatives

Send the remains to tRPHNC7AuyQWvg6y6zK5C8g93Vutr8J7YB

That's where all the faucet moneys are.

Less than it would take to hire someone to teach you basic block explorer use skills.


Busy with
1) IRL (Lolcust is voracious and needs to be fed, ya kno)
2) Laundry and Potential Wondertainment Feature (will release more details as concept gets finalized and looked at by ArtForz who is sadly quite busy with other issues right now)
3) Coming up with creative "deflationesque" feats that do not affect the miner or the hoarder but nonetheless cut some coins out of circulation, because it seems there is a cohort with strong "deflation psychology" adoption drive and it is determined enough to somehow procure my email (which I didn't tell anyone and only used on several forums to register) and bombard me with deflation pamphlets.
Such a strongly driven demographic can be helpful irrespective of economic beliefs, so i've set out on a quest to come up with a "million needlepicks" way to induce "harmless" (from miner and user POV) coin loss.

The first product of this affair is now a Tenebrix Code Bounty (see relevant thread) and second might become part of the additional functionality that will be added (so far no details, because it is a very raw concept and I am reluctant to discuss it until Art takes a look and passes his judgment)

And yes, I will be very grateful if in the future all parties would kindly refrain from dragging me into various "scandals" without my knowledge or a single shred of warning.

Sadly, mining is also the sole act that allows transactions to become confirmed in the first place, and the sole thing that keeps one from double-spending.

In case you are concerned by  growth of the number of coins available on the market for purchase (a dubious concern, but I am quite tired of arguing over it with deflation crowd), what you should be looking into is introducing factors that increase irrevocable loss of coins, not decrease production (that would induce the overall number of coins available for purchase on the market to stabilize more quickly)

Yawn.

Somebody says something on the forum, price falls, hence people saying stuff on the forum cause price falls.

Trees are waving, the faucet is dripping. Movement of trees is thus cause of plumbing failures.

Okay, now I am reasonably confident this is a case of so-called "trolling".

Nice job, sir.

Belatedly, I have to say that this was a rather harsh maneuver. I will be grateful if in the future, issues are settled without involving claims regarding my person.

On a sidenote, ladies and gentlemen, always consult with block explorer to verify claims of bounties having been paid for something or other, be that code, protecshun, or spam sprees in twatter.

Oh boy, the hunt for red pignoder begins

Yes, yes, a community of several thousands alt-coin enthusiasts is destroying BTC lol.

Also, since when is deflation necessary for a usable currency ?

Hi!

Until site gets proper bounty section, here's what TBX bounties are available (auto-track folks, consolidating this for ya)


Tenebrix Service bounty - a Tenebrix Ponzi "Game"


Tenebrix Service bounty - a Tenebrix Poker Room


TENEBRIX CODE BOUNTY -  burning  fees

Bounty on a collection of Windows minerd builds (will most likely go to Twobits, but who knows - a challenger may still appear)

There is an extremely strong support for this tweak from the "we need our deflation BACK" brigade (this whole tweak is the result of email exchange with some of the more vocal and driven people on that front) and it appears that nobody really minds it since it does not affect fundamental network behavior from current user perspective (nominally, fees are still fees and "miner tipping" isn't used) and miner perspective (without subsidy cuts, no one cares about whether fees proper are blackholed)

So the only problem could be update apathy, but since I intend to bundle it with new and better miner suite and perhaps linux blobs, I expect that to be overcome (especially if the DEFLATION brigade will help out on the public awareness front)

Well, finding a keypair that would have a pubkey which, when processed via standard bitcoin sequence, results in EXACTLY DevNull0DevNull0DevNull0DevNull0000000 is expensive enough to be considered a purely theoretical concern (thousands millions of years down the line, my posthuman nanorobotic descendants will reclaim all those brix, muhahahaha!)

Of course, one could make a custom transaction output  script along the lines of, maybe, "push false, return"  for those fees, and modify "standard transaction" rules accordingly.

I guess it's up to the programmer (who I am not) to decide which way to take, but ways that allow easy coin burning in other situations would be considered superior of course.

You have a botnet that can do scrypt in gigahashes ?

ArtForz is a highly proficient programmer with almost uncanny grasp of long-term consequences of various tweaks and bells and whistles one might want in a cryptocoin, and he kindly agreed to review the submissions.

Of course, given public and open-source nature of TBX and this bounty, others are welcome to review the code as well

ArtForz is not prone to nepotism and not impervious to calm, rational argument, and given the public nature of this exercise  anyone who disagrees with his assessment upon review will have every mean imaginable to express his/her PoV and provide counter-arguments.

He's busy with a more complicated and important (vital,even) feature , and reviewing submissions is far less work than making one of your own.

So why not get other people involved for a fairly reasonable compensation, huh ?

If I recall correctly, coblee has stated he will continue maintaining fairbrix to give it a fair chance.

Besides BTC-E sortakinda said they will launch FBX and LTC exchanges together, so it would be a shame to dump FBX that close to getting an exchange.

 bounties for spam, however, are sign of a true masterpiece

Upon contemplation, I like the "use special-case bullshit address DevNull0DevNull0DevNull0DevNull0000000 for coin burning" idea very much, as it seems very easy to reuse later for other coin-burning tricks that are about to come