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Author Topic: List of Innovative Cryptocurrencies  (Read 3057 times)
Loki8
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August 25, 2013, 03:24:45 PM
 #21

Digitalcoin - DGC - thread
Fancy reward steps (fair start).

Do you know what does "innovation" mean??

DGC is a copycat coin without innovation. There is only 1 or 2 lines added and you call that innovation??

Some coins like megacoin are much more innovative but they make less noise..
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August 25, 2013, 03:55:42 PM
 #22

Quark (QRK) deserves a spot on here. Multiple different hashing algos makes it stand out from a lot of others and this also makes it quite secure to mine. Definitely innovative.
phelix (OP)
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August 25, 2013, 04:48:03 PM
 #23

Add
Luckycoin - random blocks
Novacoin - scrypt/pos hybrid
Cosmoscoin - novacoin/florin hybrid. Zero transaction fees.
PHS - novacoin/florin/luckycoin hybrid. With 50% POS per annum.
YAC - Scrypt-jane . modified scrypt algo


I don't see a lot of innovation in these:

Luckycoin - fancy block rewards
Novacoin - previous stuff hybrid
Cosmoscoin - previous stuff hybrid, small parameter change
PHS - previous stuff hybrid, small parameter change
YAC - This was a little more innovative because it was the first coin to experiment with high memory requirements. Still only parameter changes?

Flogging my own horse here.

eMunie


Interesting but "NOT a fork of the BitCoin code" (seriously?). So it can not go on this list.

Also coins on the list must have been publicly launched. Code should be public so claims can be verified. Will add these additional requirements to the OP.


Quote
Ixcoin - IXC - thread
Small parameter changes.

Surprised this made the list for that.
Yeah, I was undecided... but IMHO it paved the way for what came later.

Quote
Quote
Anoncoin - ANC - thread
I2P support.

The I2P support started as a patch for bitcoin.
removed: https://bitcointalk.org/index.php?topic=227287.msg2424903#msg2424903

Quote
There is also memorycoin, which has a vote/grant system.
Check.

Quote
There was Beer which was the first attempt  to fix the value of a blockchain currency to a commodity.
Can't find anything on it. Wonder how that was supposed to work Smiley

Quote
Ixcoin isn't dead, I guess.
It's traded at Cryptsy and it's merge mined Smiley
Thanks. It's a zombie.  Cheesy

SC still processes transactions and is traded as well on mcxnow.
Another one.
phelix (OP)
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August 25, 2013, 04:56:22 PM
 #24

Add
Luckycoin - random blocks
Novacoin - scrypt/pos hybrid
Cosmoscoin - novacoin/florin hybrid. Zero transaction fees.
PHS - novacoin/florin/luckycoin hybrid. With 50% POS per annum.
YAC - Scrypt-jane . modified scrypt algo

How is cosmocoin or PHS innovative? Stop throwing random things that coins have.
Junkcoin: 1st random block (though can be pre-calculated)
Luckycoin: improved random block computation by using previous block hash, so can not pre-calculated unless the previous block hash found. Also luckycoin added accelerated diff adjusting to limit instamine
Diamond: 1st Pow/Pos coin with random blocks.
and,
Infinitecoin: fast fair distribution of large amount of coins, a lot more fair and decentralized as compared to Ripple.


Junkcoin: okay.
Luckycoin: no. DMD: no. IFC:no.
What is new about Junkcoin? Random rewards is trivial IMHO.

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The point is innovative features, not the first coin to combine features that others invented, or fair distribution of coins.
exactly
Fuserleer
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August 25, 2013, 05:02:44 PM
 #25


Flogging my own horse here.

eMunie


Interesting but "NOT a fork of the BitCoin code" (seriously?). So it can not go on this list.

Also coins on the list must have been publicly launched. Code should be public so claims can be verified. Will add these additional requirements to the OP.


Hmm ok, but you said innovative alt's, not innovative alt's based on BitCoin code...

And yes seriously, there isn't a single line of "BitCoin code" in there anywhere, total clean wipe with our own methods and algorithms.

phelix (OP)
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August 25, 2013, 05:08:36 PM
 #26

Add
Luckycoin - random blocks
Novacoin - scrypt/pos hybrid
Cosmoscoin - novacoin/florin hybrid. Zero transaction fees.
PHS - novacoin/florin/luckycoin hybrid. With 50% POS per annum.
YAC - Scrypt-jane . modified scrypt algo

How is cosmocoin or PHS innovative? Stop throwing random things that coins have.
Junkcoin: 1st random block (though can be pre-calculated)
Luckycoin: improved random block computation by using previous block hash, so can not pre-calculated unless the previous block hash found. Also luckycoin added accelerated diff adjusting to limit instamine
Diamond: 1st Pow/Pos coin with random blocks.
and,
Infinitecoin: fast fair distribution of large amount of coins, a lot more fair and decentralized as compared to Ripple.


Junkcoin: okay.
Luckycoin: no. DMD: no. IFC:no.

The point is innovative features, not the first coin to combine features that others invented, or fair distribution of coins.

Then how did ANC, DGC, Ixcoin make it to the list?

In 2007 Iphone was listed on the top 5 innovative product of the year. All apple did was combine all available tech in a single rectangle box.
Just removed ANC (there was a patch first) and DGC (seems like Nibble was earlier but also Junkcoin had technically similar features).
phelix (OP)
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August 25, 2013, 05:10:29 PM
 #27

Florincoin - FLO - thread
Transaction comments


Is it very useful?
It would be nice if we have 5 - 10 coins, very different, with fixed prices, and not that crap

I have not tried it but the way I imagine it it would be useful and innovative.
phelix (OP)
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August 25, 2013, 05:12:05 PM
 #28

Quark (QRK) deserves a spot on here. Multiple different hashing algos makes it stand out from a lot of others and this also makes it quite secure to mine. Definitely innovative.
Multiple hashing algorithms

Was QRK the first?
mckmuze
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August 25, 2013, 05:22:42 PM
 #29

Ahh and the waiting game for truly innovative thinkers has started. Wait and watch the magic happen, the truly innovative thinkers will shine. Not to mention any names. Cough...cough...Emunie.
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August 25, 2013, 05:24:56 PM
 #30

Quark (QRK) deserves a spot on here. Multiple different hashing algos makes it stand out from a lot of others and this also makes it quite secure to mine. Definitely innovative.
Multiple hashing algorithms

Was QRK the first?
I pretty sure that it was. Check out the QRK topic.

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Loki8
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August 25, 2013, 05:37:28 PM
 #31


Flogging my own horse here.

eMunie


Interesting but "NOT a fork of the BitCoin code" (seriously?). So it can not go on this list.

Also coins on the list must have been publicly launched. Code should be public so claims can be verified. Will add these additional requirements to the OP.


Hmm ok, but you said innovative alt's, not innovative alt's based on BitCoin code...

And yes seriously, there isn't a single line of "BitCoin code" in there anywhere, total clean wipe with our own methods and algorithms.

I don't know if your coin will be a success.
We live in an idiocracy and marketing, advertising tactics,  buzz  are much more important than innovation.
Fuserleer
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August 25, 2013, 05:46:01 PM
 #32


Flogging my own horse here.

eMunie


Interesting but "NOT a fork of the BitCoin code" (seriously?). So it can not go on this list.

Also coins on the list must have been publicly launched. Code should be public so claims can be verified. Will add these additional requirements to the OP.


Hmm ok, but you said innovative alt's, not innovative alt's based on BitCoin code...

And yes seriously, there isn't a single line of "BitCoin code" in there anywhere, total clean wipe with our own methods and algorithms.

I don't know if your coin will be a success.
We live in an idiocracy and marketing, advertising tactics,  buzz  are much more important than innovation.

LOL I guess so.

I haven't started on any of the "important" point you outline above yet, maybe I should get a move on Smiley

21stcenturymoney
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August 25, 2013, 06:03:38 PM
 #33

Quark (QRK) deserves a spot on here. Multiple different hashing algos makes it stand out from a lot of others and this also makes it quite secure to mine. Definitely innovative.
Multiple hashing algorithms

Was QRK the first?

I think I heard of RU having it first.
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August 25, 2013, 06:40:35 PM
 #34

Quark (QRK) deserves a spot on here. Multiple different hashing algos makes it stand out from a lot of others and this also makes it quite secure to mine. Definitely innovative.
Multiple hashing algorithms

Was QRK the first?

I think I heard of RU having it first.

Wtf is ru?

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phelix (OP)
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August 25, 2013, 07:24:47 PM
 #35

Quark (QRK) deserves a spot on here. Multiple different hashing algos makes it stand out from a lot of others and this also makes it quite secure to mine. Definitely innovative.
Multiple hashing algorithms

Was QRK the first?

I think I heard of RU having it first.

this does not sound like it:

"RuCoin project is not intended that any develop and improve, and vice versa, is the most conservative position in order to maintain and use all that has been proven in Bitcoin."   https://bitcointalk.org/index.php?topic=48582.msg577990#msg577990
21stcenturymoney
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August 25, 2013, 07:41:47 PM
 #36

Quote
Ixcoin - IXC - thread
Small parameter changes.

Surprised this made the list for that.
Quote
Yeah, I was undecided... but IMHO it paved the way for what came later.


I think it was the multicoin client that paved the way for ixcoin. I need to find some time to dig
up the threads later to confirm the timeline.


Quote
There was Beer which was the first attempt  to fix the value of a blockchain currency to a commodity.
Quote
Can't find anything on it. Wonder how that was supposed to work Smiley


Not sure it did work, but that was the idea of it.

It was part of the multicoin coins, along with weeds.   

Quark (QRK) deserves a spot on here. Multiple different hashing algos makes it stand out from a lot of others and this also makes it quite secure to mine. Definitely innovative.
Multiple hashing algorithms

Was QRK the first?

I think I heard of RU having it first.

this does not sound like it:

"RuCoin project is not intended that any develop and improve, and vice versa, is the most conservative position in order to maintain and use all that has been proven in Bitcoin."   https://bitcointalk.org/index.php?topic=48582.msg577990#msg577990

No, it does not sound like it from that.  Later though they added dual hashes from what I read, to try and become more 51% resistant.   Will try and see if I can find the info again later when I have more time.   
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August 27, 2013, 10:06:00 AM
 #37

interesting thread. will definitely watch it
phelix (OP)
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November 11, 2013, 09:54:34 PM
 #38

Updated with Huntercoin - a blockchain based game   https://bitcointalk.org/index.php?topic=330533.0
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