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Author Topic: Modified Bitcoin  (Read 300 times)
Sir_lagsalot (OP)
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November 14, 2015, 11:44:35 PM
 #1

I'm wondering, if we could make a coin that has the same workings as bitcoin, except with each halving the block reward is only decreased by 25%. If we make it so there is an amount of premined coins that is equal to the amount in existence currently, we can make a service to convert bitcoin to this altcoin, to get a better mining community and an easy transition to a new altcoin.
rdnkjdi
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November 15, 2015, 12:00:40 AM
 #2

Sadly there is a trademark on the opensource added by Satoshi that only allows copying under certain criteria.

In this case you would need to at least raise $300,000 of pre-mine funds and donate 1/3 of it to a charity of your choice in Africa & there are also IRS regulations in regards to modifying money instrument code.

Spoetnik is the only one authorized to get you out of the donation requirement & I believe Anonymint is able to bypass IRS regulations via Sovereign Man declaration.
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