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1441  Alternate cryptocurrencies / Altcoin Discussion / Re: [Poll] How long is long enough for PoW phase of a hybrid PoW/PoS coin? on: July 16, 2014, 01:09:26 PM
Many recent PoW/PoS coins have had very fast PoW periods.  This could mean that there is not enough time for word to spread about the coin in time for more casual miners to have a chance at mining the coin themselves.  This poll is to gauge the community consensus on how long a PoW period needs to be in order for a coin launch to be deemed adequately fair to everyone.

Why even bother? Look at how lottoshares was distributed. They used other blockchains to reward holders of those chains with coins. The PoW was already done so no need to do it again. Save the planet man! Go green, etc.. blah blah..

1442  Other / Meta / Re: How to stop FUD campaigns with bought accounts? on: July 15, 2014, 01:06:17 PM
I wouldn't worry about the bullshit these guys are spreading. Most people are smart enough to figure out the lies these sock puppets purport.

Like someone said in another thread. Monero; still alpha software, no GUI wallet, no services, no merchants, etc.. Yet still in the top 20 market cap. That alone says enough to investors.


1443  Alternate cryptocurrencies / Altcoin Discussion / Re: Thinking of making my own altcoin exchange... Need tips and advice! on: July 15, 2014, 12:38:29 PM
Not with that username  Cheesy

It will have a completely different name and will be launched on a new account. I already registered the domain for it although it's a secret. Launch is set on Jan 1, 2015. And who knows? If it becomes extremely popular then I might even be able to buy the trademark off Karpeles and call it Mt. Gox 2. Grin

Lol. Have you considered buying an alt exchange? I think it would save you some money. Look in the Auctions section of bitcointalk

I could, but those are very expensive. The last one went for 15 BTC apparently. I only have 0.3 BTC. Sad

Well.. you'll need hosting and a server. I think that alone will cost way more than .3

1444  Alternate cryptocurrencies / Altcoin Discussion / Re: ALTCOIN of the FUTURE!! on: July 15, 2014, 01:43:58 AM
It depends on your definition of future I suppose. I think in the near future the technology will evolve quickly, new application coins, DACs, whatever will start to appear. As that happens most people will move away from the old coin "old technology" and onto more useful things. Such as decentralized exchanges, banks, market places, forums, games etc. that have block chain technology. Check out bitshares, counterparty and etherium for some of the innovators in crypto.





1445  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LTS] LottoShares - airdrop for BTC and DOGE holders on: July 15, 2014, 01:06:40 AM
If you really wanted to protect your coins you could just send them to another wallet and then use the original empty wallets private keys.   Wink



1446  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]-[BACK - Backpacker]- [x15 POW | POs 48 hours POW ] July 15 launch on: July 14, 2014, 08:22:41 PM
I didn't know that Mississauga was a backpacker's destination. Would have thought that Toronto would be the place to go if you're in this area. I also thought that staying in a hostel was free..?? Am I wrong?

Next week - hitchhiker's coin... Guide to the galaxy.. OMG I just didn't..

1447  Alternate cryptocurrencies / Altcoin Discussion / Re: Just a thought... on: July 14, 2014, 06:00:36 PM
Most coins, maybe 98% are scams. Simple as that.  Undecided
1448  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LTS] LottoShares - You probably wouldn't be interested in this.™ -Now Live on: July 14, 2014, 04:09:44 PM
Freetrade, congratulations on your awesome coin.

Now to dig up my wallet backups and get some winning numbers in!


Can you tell me what's awesome in this scrypt coin?

Its a built in lottery.

Doesn't anyone read?
1449  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LTS] LottoShares - You probably wouldn't be interested in this.™ -Now Live on: July 14, 2014, 04:08:21 PM
It's crazy... no one answer, what is the algorithm ?

from the ANN

"Based on the United Scrypt Coin code base, used for Scrypt Merged Mining Capability"

1450  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LTS] LottoShares - You probably wouldn't be interested in this.™ -Now Live on: July 14, 2014, 04:03:00 PM
Freetrade, congratulations on your awesome coin.

Now to dig up my wallet backups and get some winning numbers in!

1451  Alternate cryptocurrencies / Altcoin Discussion / Re: coin for palestine? on: July 14, 2014, 02:22:24 PM
Palestine doesn't need a crypto currency. They barely have any infrastructure as it is. How are they supposed to use it without internet?


Want to help the Palestinians? Boycott Israeli goods. Don't buy anything made in Israel. The world must speak up against the atrocities being committed in Gaza.



1452  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][SPATA]★Spartacus★[X15]★POW/POS★3.5 days POW★ on: July 13, 2014, 02:11:19 PM
TV series was awesome. Coin will be a complete failure.  Roll Eyes
 
1453  Alternate cryptocurrencies / Altcoin Discussion / Re: human mineable and proof of play Altcoins on: July 11, 2014, 06:55:25 PM
A list of Altcoins that are used in on-line games.

Hyper - Briefly claimed to be proof-of-play, but were honorable and retracted the claim once the distinction was clarified to them.  Not human mined or proof-of-play though they may be considering such elements for a future fork.

Black Dragon Coin - Has a coinbase bonus lottery with terminology themed to align with fantasy RPG terms, but is really just a random block reward structure.  Promises to produce games using the coin but so far has not materialized much.  Not human mined or proof-of-play.

Flappycoin - Also a coin themed with gaming terminology, with block reward lottery.  Used in a few dice type games.

Huntercoin - HUC - The original human mined coin.  Fork of namecoin with RTS rules instead of domain name related rules.  Not proof of play as all transactions are actually secured via sha/scrypt merge mining.

CScoin - Counterstrike themed coin with 5-day traditional PoW mining, followed by staking.  They claim they are working on the ability to bet on Counterstrike pvp games in the wallet, to materialize later this month.  However this would not be human mining as new coinbases are only created by stake now.  Will not be proof-of-play either, as the CS gameplay will not be authenticated in a proof structure, nor used to secure transactions.  (It is also likely that the CS servers brought up for bets will not be decentralized and will not be able to operate over any sort of authenticated data structure to provide a verification proof over the bet outcomes, so it seems highly likely that cheating on the bets will be possible.)

Piggy coin - Not sure how this made the list.  Traditional scrypt PoW alt aimed at kids.  No game related "anything" AFAICT.  Certainly no human mine or proof of play.

Battlecoin - The original "multipool coin" and loosely game themed.  Arguably the voting mechanism could be considered a "game" that indirectly attempts to claim coinbase transactions of other coins for their miners, but since this is still hash collision based mining I don't think we can reasonably call this human mining. Calling this proof of play would be a stretch, and require a very loose interpretation to qualify, but it does come closer than most other coins.

GameLeague - Staking coin which is working on porting an existing "for fiat pay to play" game to use the coin.  It is unclear what their status on this port is.  It appears that the game will run on centralized servers and use no proof mechanisms, making it neither human mined nor proof of play.

Motocoin - The only proof of play coin to date.  Intended to be human mined, several developers (myself among them) quickly devised effective bots that mostly overwhelmed human production, meaning it is only ostensibly human mine right now.  The moto community is working on planning changes to rectify this situation, and restore pragmatic human mining.  It remains proof-of-play, in any case, as network transactions are actually secured by proof of game play, despite that game being won primarily by bots.  (Some claim they can still mine by hand, but I'm skeptical.  If they are doing so they certainly are not doing it with a stock reference wallet!)

Zandagort - Wut?  This is not actually a coin, but a game related to HYPER.  I'd consider this a duplicate entry of hyper.

SurvivorCoin - Working on a game inside the wallet client.  This game was originally intended to be an MMO style, but has now been reduced in scope to just a single player game.  It appears that the game has nothing to do with the coin itself, so far, and has no blockchain interaction.  This would be like putting tetris on a tab in the bitcoin client, and calling bitcoin "integrated with a game."  While semantically true, it is somewhat meaningless until the game actually has some interaction with the coin.  There is no indication that they intend to try for either human mining or proof-of-play.

Badgercoin - Another "not sure how it made your list" coin.  They have some centralized dice-against-house-edge type games, but nothing integrated to the network.  "Just another alt" AFAICT.


I'd really love to be pointed at some other coins that are human mined, proof of play, both, or even something that is similar but uses some other/new/different proof mechanism.  However, none of these coins fit that criteria, as none of these coins (besides huc and moto) use anything but traditional work/stake proofs.




How is Huntercoin not proof of play? 80% of the coins are gathered by hunters on a map while 20% are merge mined scrypt/sha256. The merge mining moves the blockchain along. Each block counts as a turn in the game. All moves, chat are recorded in each block. HUC is more advanced than MOTO and a million times more advanced that the other scam coins quoted a few posts above.

I suppose if your definition of proof of play is the entire blockchain is moved along by players completing the map. First one that completes it get the block and the reward. Then MOTO is the first proof of play.

Huntercoin is probably better defined as human mine-able, then MOTO is also in that same category. Confusing?

I think the future is incorporating block chains into games. Then players will have even more reasons to compete in tournaments. $$$$ it may become the next sport on TV.
1454  Alternate cryptocurrencies / Altcoin Discussion / Re: So, which coins should I actually invest in? on: July 11, 2014, 06:41:11 PM
Do your own research or get scammed.

1455  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AID] AidBit | Digital-currency redefined | POW/POS | Groestl | Charity on: July 10, 2014, 07:21:39 PM
Maybe dev - 1% ?

Well, we really think that 3% is quite a reasonable amount. Please don't forget that this is not a premine.

Cheers

Say what you will, we know a premine when we see it. 3% dev fee is much coin, what are your plans for future development? 10% charity? is there an escrow for that?

I also agree that your choice of algo is a good one.
1456  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer on: July 10, 2014, 07:11:04 PM
GES has no  offices,  people check for yourself whoever behind it quickly set up a paid registered address for mail only. Tell me this is not another red flag?

GES AU confirmed they absolutely do not have any connection with this URO. Not even the same company that was claimed earlier. Second red flag.


You just need to use common sense. Put yourself in the shoes of the business owner who has 12500 tonnes of fertilizer. Either you sell it for URO at .01 or whatever BTC = 60USD or the real value 3000USD (or whatever the fuck it is) and put it in the bank.

That being said, I think most know this is a scam and simply trade the coin for profit (gambling). The coin creators know this, the coin creators are behind many scams. I hope they are exposed one day and spend time in jail sucking cock and taking in their ass. Code that bitch.



1457  Alternate cryptocurrencies / Altcoin Discussion / Re: What would U do if CryptoCoins made U very rich? on: July 09, 2014, 08:46:38 PM
Go to Vegas and just stay there indefinitely.  Grin



1458  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency backed by commodity on: July 09, 2014, 07:47:25 PM
Why the fuck would anyone with real commodities sell them for worthless crypto?

1459  Alternate cryptocurrencies / Altcoin Discussion / Re: Free Coins... Free Bonggers - Woooooooo Weeeeeeeeeeeeeeeee!!!!!!! on: July 09, 2014, 02:52:08 PM
Are the devs always high when they write code?

I feel like that could bring some creative innovation.

I think they are high all the time. So, yes.  Cool

Ever wake up and your still high? For me, that only happens with the Rick Simpson Oil (ingested for recreational use).



1460  Alternate cryptocurrencies / Altcoin Discussion / Re: Breaking News: Illuminati now officially stepping into the cryptocurrency market on: July 08, 2014, 06:28:20 PM
Breaking News:
Illuminati officially stepping into the cryptocurrency market

Source? Alex Jones perhaps?
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