So who is ready and willing to work on a new coin?

Join Nektar, you'll wish you hadn't.

Problems to address:

1. decrease in mining earnings.

a. Instead of following an unstable exponential decay pattern in rewards we replace it with a natural Fibonacci pattern. I've been studying fractals recently, blah blah blah, the ideal ratio of new cells to large cells is Phi (Golden Ratio). The divine proportion is the ideal ratio for packing spirals about themselves. So instead of making the currency akin to gold, an exhaustible supply source, we put it into a natural growth and decay cycles. Meaning coin can be both created and destroyed in the mines.

2. Anonymity & Security

b. We have two block chains A and B. When someone wants a secure and/or anonymous transaction they send between the two chains. At which point a two week hold is put on the funds. And the coin is destroyed for block A and started a new in block B. Why a hold on the funds? For security. Every Wallet will have an email associated with it, and a confirmation email will be sent to the holder of the senders wallet, allowing time for him/her to cancel the transaction if it wasn't initiated.

3. Your reward for helping

c. The founding team will be set up phat in Nektar, but their will be a staged vesting period so that you may not trade out your Nektar until it has had a chance to increase in value.

4. Gold Standard,

e. Since BTC is the defacto Gold Std for crypto currencies. We will have a wallet set up for Nektar, and all Nektar coins will be backed by BTC. This means we can start mining Nektar now by setting up a pool to mine BTC and all the rewards will be put in the Nektar Wallet, and all the miners will recieve Nektar. The Wallet.dat file will be stored on a Raid Array 5 stripe drive codenamed Fort Knox. Each member of the founding team will have a single drive. Meaning all five drives will need to be united to recover the BTC from Fort Knox. Muhuhaha!


We need some other super good ideas to include in this Crypto Currency to end all Crypto Currencies, so please share what things you would like implemented.

Thanks, Joehttp://

Bit OS as in Bitcoin OS or Vampire Bite. Basically just Linux Mint with Bitcoin-QT and CGMiner installed by default. Plus has a mining screensaver for those with multiple GPUs.

Dark Penguin, they came from the south.

https://sourceforge.net/projects/bit-os/

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We are becoming organized enough we will be governing ourselves soon. Through European history we learn that financial unity precedes political unity. Since Bitcoin is decentrallized it is essentially a one world currency. Does this mean we are heading towards a one world government, or better yet, no world government.

Basically the blockchain is getting way too long and out of control. We want to split the block chain into say block chain A and block chain B. How this would work is if you want to make a secure transaction it takes place between blocks, A->B or B->A, but it takes six days to clear. If you want to make an instant transaction it is has to be within the same block A->A or B->B.

Naturally when a block is transferred between blockchains, say A->B, it is removed from A and reborn in B without any memory, but there is a six day hold on the coin.

This would be great because it would shorten the blockchain and create some anonymity and offer a method for more secure transactions. 

Wouldn't it be great if everyone started using bitcoins. And wouldn't it be nice if everyone stopped using Windows and Macs. Maybe we can combine these two movements and start a bitcoin OS for everyone.

I put together Bit-OS on sourceforge, but I am more interested in what you think. Everything is set up out of box to make using and trading bitcoins more user friendly. Do you think the world needs a bitcoin OS? Do you see how these two ideas coincide and would make the world a better place?

Thanks,
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