[ORIGINAL THREAD]

[ANN][BOUNTY] Bounties officially closed!

ORIGINAL THREAD

THE BOUNTY CAMPAIGN IS FINISHED. HEAD TO OUR SLACK FOR UPDATES AND TO CHECK YOUR CONTRIBUTIONS. WE MUST TALLY VERYTHING UP AND THE BOUNTIES WILL BE DISTRIBUTED AFTER THE JOB IS FINISHED.

IF WE FIND THAT YOU HAVE USED NON-HONEST TACTICS (ROBO ACCOUNTS OR FAKE FOLLOWERS AND SUCH) WE CAN CANCEL YOU BOUNTY AT OUR DISCRETION. IF YOU FEEL THAT YOU HAVE BEEN UNJUSTLY ACCUSED OF DOING THAT, SEND US PROOF THAT YOUR ACCOUNT AND FOLLOWERS ARE LEGIT.

THANKS!


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Obsidian ODN - CryptoCurrency & Secure Anonymous Messaging


Read the full text of the ANN here:
https://obsidianplatform.com/post/Obsidian-Cryptocurrency_and_Secure_Anonymous_Messaging

Ok. I'm new into this frenzy of the digital coins, but I prefer to believe I'm an "revolutioneer in the making".

And to start revolutioning things, I'm going to propose a new coin: RollerCoasterCoin (RCC). This coin will be designed as a Roller Coaster, with sudden highs and lows. These are my ideas so far:

- The blocks will start with a 1000 RCC reward.
- Reward will go down in time until it reaches 0, following a sinusoid path.
- After 0, the reward will go down again into the negative, but without ever reaching -1000 RCC. To prevent this, the sinusoid will have a rising slope, so the lowest value will be -999 RCC and rising 1 RCC each time.
- Sinusoid will cycle for 100 blocks, so block 1 will get 1000 RCC, block 2 will get 1000 * sin( (blocknum - 1) * 100 / ( 2 * PI ) + PI ).
- The difficulty will start low, with a quick and steep rise, then it will go down again and rise and lower, and twist and shout, like a Roller Coaster. It won't depend on the network.
- Wallets can have negative amounts. Negative amount wallets cannot send coins, but they can accept coins though. Mining when difficulty is low and reward is high can be a nice idea to recover from negativity.
- Negative amounts are only possible after mining a negative reward block.
- Algorithm for the blocks will be anyone. I let developers to choose which one is better suited.
- You can use it for whatever you want, like other coins. No limits are imposed.

Any other questions, suggestions, improvements?