Unlike most altcoins, there would be no reward halving: e.g. every block will _always_ contain 1000 coins.
This way, there is really no "incentive" to mine and hold coins. But they can be spent e.g. for voting or injecting stuff to the blockchain.
Just popping some ideas here..
I've had this idea too. Basically only the last 3-30 days of the blockchain is 'Valid'. So no need to download the whole thing. (keeping it light and easy) ... mining would be less dominated by big rigs (guessing) ... so you would effectively create a self destructing money supply with the last one who is holding the coins to loose them? no the coins are valid if they keep moving. only stale/cold coins perish use it or lose it
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I think it's very nice of Apple to get people used to paying for things with their cellular phones. The transition to using Bitcoin will be a very seamless next step for the masses.
Why? Because the credit card companies and now Apple want a cut of every transaction. And as a merchant I still do not own the payment, it will take days of processing before I own the credit payment. Bitcoin / Altcoins ... can be spend minutes after receiving payment. Also, the psuedo-anonymous factor. Also, the hacking factor. Yes finger prints can be hacked. Also, crypto goes bullish (so you benefit when holding). But yes ... Apple to get people used to paying for things with their cellular phones ... then they stumble onto the fact that crypto is MUCH better. i wonder if they started sending lawsuit threats to the many Apple clone coin devs yet ? you can tell every one of them posted in the ANN section where nothing but an attempt to capitalize on Apple's big name brand.
It's a given. Apple will probably sue paypal for using the word 'pay' - Apple PAY TMicoin is dead / applecoin is chinese, you sue me i stop stopping iSlaves from jumping / applebytes mostly already dead
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+2 nominee Seans Outpost is committed to homeless outreach, dedicated to finding lasting solutions to hunger, homelessness, and poverty. Powered by bitcoin. [soon perhaps powered by UNO too] -- re: Hal Finney +2 nominee note: I move not to donate to ALS in this case. First, ALS has had a phenomenal year in gaining public awareness and if we contribute it will be a very minor drop into a rather large bucket. Second, although I don't know my guess is that Hal Finney has raised a significant amount of charitable donations for ALS. I suggest instead to celebrate his contributions to cryptography by granting a Hal Finney scholarship for promising college students in cryptographic studies, or fund a Hal Finney video recorded lecture series by leading cryptographic researchers that will be both available to students and the public. Hal Finney representatives (family/friends) can help guide or suggest cryptographic education programs that he may have liked/supported.
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That's a future lawsuit. I posted this minor detail awhile back. "If you can't beat'm join'm" So they got the prime URL. But look at the synergy here. They want to sell and be the lead BTC seller to India (1 billion customers is that good?). Now think how both UNO and unocoin can work in mutual benefit? <hmmmm?/> If I get a good enough plan to offer, then sometime in 2015 I might just be at CoinMonk Ventures Private Limited, 2nd floor, Gurudas Building. *but first it looks like I am sourcing stickers*@ Benefactor RE: The Blue Crypto Award I have identified 3 other charity coin communities that are almost sound. [but pale when compared to Un] BCT, EMC, and Noble. I would like to approach them to join in and support "The Blue Crypto Award". But I have some reservations, primarily, Noble is the only semi-solid community. The other 2 seem rather fluid at the moment. However, all are based on the principle of charitable work/support. EMC in particular seems geared towards 'science'. So before I hound them to join in the cause, I'd like your thoughts (and anyone's). edit: Karmacoin edit: 20 million a kilo and it pays for science
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Just had an idea.
If in-house talent is good with web services and API. Plus the ads services feature.
I'd like to see a coinmarket cap like website. But without the 'junk' coin clutter. Say a top 100 or top 50 coins ... all proven coins with case uses, devs, and trade history.
In few words - all of the listed coins are 'gems'.
Then there is an index 'cap' and 'price' for the whole basket. Effectively a standard measure of the crypto market. Comparable to the Dow.
What if you could invest in that 'index' by buying just one coin?
What if that website related that 'index' and that diversified investment option back to EMD?
Just a rough idea. I hope it rings sound with a few of you, I like the idea and will continue to think on it.
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ad portal and web services will be the first sites developed EMD having the API set up right first and foremost shows smart thinking. If EMD is to be an ad portal then this makes the process of buying/selling ad space automatic and simple. Now add layers of varied web services over the EMD business plan. Again automatic pay-go, micro-transactions, and very simple billing. (not mention a lovely brandname too) ps ... I also think the API upgrades will bring much missing attention from cryptoland ... the coin supply data / chain data problem has kept EMD under the coinmarketcap radar for much too long. Coinwarz will also give us more miner love (is that legal to say?) once diff and hash rates are broadcasting.
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'Unobtanium Accepted Here' stickers -- where do I get one? In November I can do in bulk. Or can do a beta batch ASAP.
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project Z big fan of the ideas of: web services advertising marketplace (if we have the talent to make a good emerchant/ebay site) The first 2 are key. Several coins have tried to run a marketplace (it's tough to launch something that stays active). But no one coin community has tried to build up on web services and advertising. Just in the alt coin communities alone is massive demand and need for these services so it is an excellent primary focus. And if the talent pool starts to grow then a marketplace extension is a natural outcome. PS ... the video is pretty good, shows talent and skill, maybe another service that EMD can provide. Good Energy so Far EMD/EMZ future is looking lots brighter.
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In 2014 ZEIT COIN was Created and in 2015 ZEIT COUNSEL will ENSURE its Success.
Make it so. -------------------- Goals: current/active: pre ZEIT COUNSEL (slogan, time table, etc.) short term: Services directory, adding 1 more exchange, get code on github mid term: Android Wallet (we can copy what works best), recruiting on call dev, graphics, promotion/advertisement, websites long term: don't get me started
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What sets Unobtanium apart from any other coin? Just it's rarity?
ahhh .... the very picture of rare beauty ... and yes yes yes ... FAIR ... nothing sneaking in the 'rush' mining phase (16 weeks) and investors have had nearly 1 year to take part in accumulation. So no whining "I never got a chance to buy under $5" when this assets starts preforming. -- today's crypto BIG buzz :: Bill Ready of Braintree/Paypal is set to speak today "We have magical money. Not bound by bank or bill. It's instant, simple, and secure. Consider yourself invited to the people economy." http://www.youtube.com/watch?v=pF7HxLCFMeY&feature=youtu.be&t=8sif BTC = "people money" and if Altcoins = "people economy" UNO is now "people store of value" ?no? A board member of Ebay (that owns paypal) is Marc Andreesen who said the famous quote: "We're quite confident that when we're sitting here in 20 years, we'll be talking about Bitcoin the way we talk about the Internet today. We just need time for it to play out." Source: http://www.washingtonpost.com/blogs/the-switch/wp/2014/05/21/marc-andreessen-in-20-years-well-talk-about-bitcoin-like-we-talk-about-the-internet-today/yeah it's happening // and UNO is already around the inflationary bend -- the key word = 'people' = community UNO = a money community, particularly interested in stabilized stores-of-value money We are the people who have built a whole new place to live, dream, and be. We employ ourselves and vote with our money. Our phone is our wallet. We can spend Bitcoin with a tap, without a pocket. We can buy and sell and rent and send a twenty to a friend. From the coffee bar to the share car, we are unstoppable with our thumbs. Just one touch to buy just about anything, no need for filling billing info time after time or remember password rhymes to get that dress, a cabin, a concert ticket. We live on all devices, and are as mobile as nature intended. No need to send any details or data, not even when we pay each other. We have magical money, not bound by bank or bill. It is instant simple, and secure enough to get out of the way: Consider yourself invited to the “People Economy.” -- http://rack.1.mshcdn.com/media/ZgkyMDE0LzA5LzA1Lzg5L2RvbGxhcjExLjVhMGRjLmpwZwpwCXRodW1iCTEyMDB4OTYwMD4/bae4bfcc/e72/dollar11.jpg
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Instead of the network halting (like many coins do), it elegantly switched over to pure PoS while the difficult block was mined.
That is nice, would like to see an even longer POW schedule if that is the case. If diff is too high the POS can run the chain and micro periods of deflation kick in.
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kiklo has said it well. read above if you haven't already. On Jan 31st, 2015 we begin forming a counsel to help maintain what we have and begin growing our features. All Members on the Counsel should have an least 100 million zeitcoins each to be considered to be a member of the Zeit Counsel. noted for long-range goals there needs to be a map (economic road map) I say we build, or transform and existing, city.
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for what my opinions worth
Re: Brand I always liked "#WAS" Yes there might be some confusion but I think the fact that there are 2 WeareSatoshi causes people to look at it and figure out the difference. WASv1 will be the #hashtag one, and within is the marketing plan, twitter payouts for tweets.
RE: blockchain Either fork where/when the split occurred (sometime in early Aug 2014?) or where the chain is right now. Random date to fork the chain Sept 1 2014.
But yes the value is being a large coin count/supply algo. We could handout 100 #WAS to anyone (every living person on earth).
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Of course, all we know is that Cryptsy holds 50k Un. Wolong could own 70% of that wallet, or 0%. We won't know until BW gets Big Vern drunk at a crypto convention.
I volunteer to pay for the bar tab if this is possible.
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Knife, Well quite the heroic and noble deed to try and save MP, I'd rather show them they made a big mistake by rewarding another exchange. I notice coins-e still lists UNO (something about a maintenance problem at the moment). coins-e is 1 year old, is hinting at a new trade platform, has a confirms and status data page, and has never been hack thus far. Here's the incentive. They have a 10% referral commission plan. So I offer this proposal. If Knife registers there then we all use his referral link, so as to reward him just in case he feels friendly with the markets Just an idea, haven't heard anything bad about coins-e, but also have not heard of them much either. and the commission thing can maybe become a way to fund The Blue Crypto ... just need an orderly chain on how we 'sign up' ... eg blazr > knife > bene > v500 ... someone smarter than me would have to math it outThe other idea for let's say a weekend statement. 1. Go deposit a load of BTC on MP, all you feel safe depositing. 2. place it all on at bid 0.00038258 ... i believe that conveys a message even they'll get 3. Then go buy UNO like a champ on any exchange but MP --- longterm statement to MP :: a UNO stabilization fund where we exclusively mine and dump sys to buy uno ps ... normally I think you get more with sugar than vinegar but moolah has all the earmarks of a big scam ... check the ATM scam starting back in the spring where they raised 750btc mostly from doge fans ... lots of promises, still nothing to show. And the stink just keeps getting worse the deeper you dig. Not saying it is, just that it walks and quacks like a ... so I think UN as a community is obliged to inform any MP user buying UNO there (should we stay listed) ... beware.
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I am lending BTC and XMR for speculation, but only against 150% guarantee in the other coin. So there IS an actual opportunity to leverage also without buying the options.
The APR we are talking about is 5-10%, in addition comes a one-time setup fee.
so at 5% borrower gets 1BTC (time 1 year) and post 1.5BTC worths of altcoin (of what acceptable coins?) the borrower owes 1.05BTC to get bonded coins back can we get a hint on the setup fee too
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Here i was watching 120s thinking maybe go big ... (slaps self) ... dumbie me never checked the thread to see our dev was busy getting DGW3 upgrade done ... uggh ... BTW ... this is a massive price pump up ... but it is the most stable jump I have seen ... ever ... the buyers seem very committed to the new price range ... there might yet be another run up past 1300s.
Wow.
Also in this time of cutting low volume coins, I'd like to acknowledge Cryptsy for stickin with a coin once it is listed. Bittrex has a policy that you must maintain 0.1 btc/week. MooMint just cuts you if they feel like it,without notice.
Bittrex would have killed a listing of EMD long ago. And a coin only needs 5.2 BTC/year. But these low volume coins don't do the weekly average needed, but they do build up solid cores of investors, and can do 10-20 BTC volume suddenly on a big price changes.
So Cryptsy I hope you notice the benefits of being loyal to the listings, even if a coin lays low long for periods of time.
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open source coin (OSC) has TX message feature ... but not a messaging.
if you have the talent to copy the messaging feature in open source coin devs might be 'open' to the idea too
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Of all the crypto scams playing the "just wait new features coming soon". You are probably the most safe extending a little trust with the NAUT team.
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I like this deep philosophical/historical/anthropological understanding.
UNO = very dynamic place&culture within a greater sphere (sha(the orginal and strongest network), then crypto, then money)
Why I am here. UNO seems to be the safe port to anchor in, lots of wise Captains of Crypto sharing their tales. So sail the Seas of this new enterprise, the fearsome whales, and monsters deep, the waves rising and crashing fast. And a harbor safe for your treasure tis here on Unobtanium Island.
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