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Ive seen some types of coins that say "full re-emission every X months." This is probably a very noob question, but what the heck is re-emission?
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If transactions for a certain coin are truely anonymous, then how can they really protect against double spending?
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So as everyone keeps coming up with these new coins and new algorithms, how do they decide how many total coins to offer? I know LTC is exactly 4X as many BTC. Can anyone shed any light on this, or is it completely random and up to each individual coin maker? What are the possible positive and negative impacts on a somewhat random, finiate amount of coins?
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Ive seen some new coins that use this type of algorithm, but I dont really understand how it differs that much from others and how it makes these coins asic resistent? Can someone put it in laymens terms?
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is there such thing as completely untraceable payments in the crypto currency world? I know bitcoin can be tracked through the blockchain- like when sheepsmarket was hacked and the guy followed him through hundreds of accounts and a tumbler. You would think for something as hardcore on anonymity as the crypto world there would be less transparency...
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as the title states, whats the average number of wallet addresses per bitcoin user? With the ability to trace transactions and link people together based on publically posted keys, I know many people (including myself) have generated unique addresses for nearly all transactions just to be safe. My guess is somewhere around 40-50 addresses at this point in time.. what are your guy's thoughts?
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Is there such thing as a true ASIC resistent coin? I thought I had heard of a few attempts, but then I've seen ASIC developed for those types of encryption. We all know how quickly technology advances.. do you think its even possible to create a truely asic resistent coin, or will someone simply see the opportunity to make some quick cash and develop technology for it?
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I'd like to hear your guy's thoughts on the economic impact ASIC development has on the crypto-currency markets. I see it as both good and bad in some ways. ASIC development offers huge economic advantages to those who are fortunate enough to have enough fiat to pay for the miners, however, the need for a sizable fiat account to get into crypto-currency mining has a negative impact on the total number of people who are able to get into the game- which we all know mass adoption is the key to this industry and price inflation. What pros and cons do you see with the rapidly developing ASIC technology?
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