Was the ask at 0.0001 pulled?
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Lamport signatures are an interesting idea to make the coin "quantum-proof". Use it for generating and signing addresses?
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i have an idea for how you could set yourself apart that may actually be a legitimately useful innovation. instead of relying on one algo for proof of work use a bunch of them. 10 20 maybe even 30 different algorithms. This would almost entirely eliminate the idea of any sort of specialized hardware like asics being developed which would cause this coin to be radically decentralized even compared to bitcoin. You could simply cycle through the list 1 at a time and when you get to the end start back at the beginning.
There are no 30 different, suitable and tested algorithms.
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The BTC are sent....I feel Like the foundations first Donor!!!! see PM
Thank you jubalix.. thought it was for development? But I'll store the 0.53 BTC as the foundation's funds - use for domains, etc.
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Current Computer Science student here. I don't have much to show in the way of public projects, but have done some systems programming in C as well as a good bit of Java, PHP, Python, JavaScript, etc. I can't say I've actually done much with the Bitcoin codebase other than looking over the code a few times.
Other than that, CryptoJunky.com is a compilation of my exploration into CryptoCurrencies. If the development team gets a bit overcrowded, I'd be happy to build a foundation website/forum/etc.
Thanks CryptoJunky! When we have the design of the coin essentially finalized, we'll create a github fork and you might be able to help out with implementing small changes. The currency definitely needs a forum / website, but that's required a bit closer to launch.
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However, I think it's possible to reduce dust and unspendable outputs without reducing divisibility. I think you could still have divisibility to 8 digits (or thereabouts) but then enforce a rule that a transaction can't have outputs smaller than .0001 (or thereabouts).
This rule has no performance or storage benefit, and will case a hard fork in case we want to allow spending less than 0.0001 in the future. Perhaps 4 digits is too small - maybe 5 or 6?
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Just throwing 0.02 worth of thoughts in as its already over my head:
Merged mining gives access to the worlds most powerful security system and it seems foolish not to use it. (voted)
Not sure if multiple hashing methods could work but it would allow seamless switching to different systems should a problem show up with ASIC's.
Bitcoin is a commodity in its own right and it would make sense to use it as backing for alt curencies, ie. putting 1 BTC into the alt currency creates 1000 alt coins to be used with that system and they can be turned back into BTC at any time (removing them from the alt currency).
Speed is vital, point of sale transactions are the missing link atm.
Merged mining: Could only work if we use SHA256. Also, we can use pure PoS for security with PoW for coin generation (but not block generation). Bitcoin <-> altcoin: Would not work with centralization.
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Should we make it impossible to mine with CPU's?
I don't like the idea of mining for the sake of mining. 1. It CPU wastes energy as they're immediately outdated with alt coins when they're released.. 2.It also make's it harder to mine,for those who want to mine with a single modest GPU,without investing thousands on quickly outdated hardware.
Within a year or so, ASICs will be released. After a short while it will be cheaper to invest and mine with a modest ASIC than a modest GPU.
How can we make it impossible to mine with CPUs?
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Make it have limited number of coins, but make it a high number, even higher compared of Litecoin's limit, this way transaction fees wouldn't cost much in theory. Bitcoin's deflation is a kind of problem to be world accepted, Bitcoin is getting more a store of value and less useful for small transactions.
That is silly, there are electricity costs. Look at LTC's TX fees vs btc.
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ASIC-proof as in existing 2step SHA256 ASICs won't work, and it is very difficult and costly to develop ASICs for it. There's also being some discussion of PoW only early on to distribute the coins, and using PoS. See this, does not use PoW to secure the coin, but uses PoW to generate initial coins: https://bitcointalk.org/index.php?topic=166498.msg1738223#msg1738223
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GoldenAngle, just stop. Seriously.
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You haven't seen MPOE-PR I guess.
You really don't need to make it bigger, just stop responding to this thread. As you're not a scammer yet you can still make a sockpuppet.
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I agree it's kinda in bad taste to make this public through.
Thank you. I have a feeling a lot of people feel the same way but don't want to speak up against John to some nobody. I simply don't have enough time to reply to each of your PM's, especially when each got worse in succession. I refrained from posting the PM's until it got to this: You clearly do not understand the term 'cyber bullying' and the hatred displayed by the members of this forum to my own psychological health. If you do not follow the news, this is a serious offence which is being cracked down upon. And by your latest pm shows that you are now involved. Where's this forum hosted? Netherlands?
Well done. You clearly have no position or right to be a moderator on a forum when you do NOTHING!
Calm down. It was one pm that should have been resolved instantly, it really was not a big task. This further supports how unfit you are to be a mod if you cannot handle ONE simple request. YOU chose to make it difficult. If he actually handled that request there probably would topics complaining about it in meta when someone sees https://bitcointalk.org/modlog.php
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@GoldenAngel And what about the feelings of the people who you try to cheat with your other accounts like "Peter.z"? How many accounts you have opened else to cheat other people? 5? 10? I think it's time, the admin start to delete all your accounts, bevor you can cheat more people! Just got this PM from GoldenAngel: Hey mate,
Can you please send me some pictures of your ASIC avalon with a piece of paper saying 'Peterz' in it.
Its for an April fools joke and would be really appreciated!
Please let me know and I'll give you my email to attach pictures. Doesn't matter if its a bit late, still will be super funny.
"peter.z" trying to sell in the German Forum 2 Fake-Avalons https://bitcointalk.org/index.php?topic=155889.msg1651503#msg1651503The interpretations I leave you! Regards Tinu LOLOL
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Try discussing in C3's thread about a cryptocurrency you want
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I agree it's kinda in bad taste to make this public through.
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Yay, drama.
@GoldenAngel, how did John abuse you again? By not removing an outlandish thread?
Don't take it personally - some newbie wants "exciting new business", not hard to see the replies.
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And learn your lesson - use blockchain.info, bitcoin-qt, electrum, whatever.
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Bump, cause you want to win.
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If you want me to hire me to make you a coin, send me a PM.
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