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Author Topic: A perfect Coin !!!!!!  (Read 1864 times)
ccjk (OP)
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December 13, 2013, 04:57:16 AM
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I apologize for my terrible English, because I am using Google translation. If have the ability to friend hope to translate an English version.

I believe that electronic currency is the trend of the future, but I have not found a truly has the potential of circulation of money.

BTC, LTC, the amount is too little, can't become the currency, and they set the time is too long, imagine a group of people waiting for payment of the terrible scene in the supermarket. I should have People watch the Ripple, but Ripple centralized distribution way let I can't buy it.


I think the good currency should be like this:

1. Absolutely fair, isn't the issue of centralized way.

2. The fast speed of payment.

3. To prevent attacks by 51%.

4. Absolutely put an end to the emergence of the mill. (e.g., at the same time to use the CPU and GPU, can only use a 64 - bit system, developing the difficulty of the mill is very high, so there are only two manufacturers can do it, but They won't do it, they have been doing, AMD and Intel. )

5. One of the most important! See here, at the beginning of the block less reward, as computing power increases rewards, not all electronic money now with the increasing of computing power Add and reduce the reward. Now patterns lead to wealth is concentrated in the hands of a few people, like the BTC now, in the release after a period of time for a new user to join. Now electronic currency There are too many kinds, and they will choose other electronic currency. I believe that wealth is accumulated with time and effort, rather than against the first to get into the speculation, this itself is a Kind of unfair.

6. Preferably one month before the release site and pool of mine line, give everyone a fair in time.

7. To have the function of money laundering, as they may completely anonymous only do bad things like, but can cause government antipathy. Wallet stolen is a very serious problem.

8. Monetary aggregates not less than 10000000000, because of the amount of too little will always let people don't willing to spend, and become the hype tools, this is not the currency design goal.

9. Let charges can maintain their computing power, and not after the mining in the currency is calculated force disappear, although this is after a long time.

10. Try to make a meaningful calculation, the calculation of the force we do not like BTC is meaningless.

11. Develop and maintain the currency's team compared to other teams may be only a few income, you in addition to change the world don't have any benefits. Of course, you can also join The currency's team.

12. If the money really was developed successfully, please inform me, because I want to join. My E-mail: ccjk@qq.com CCJK from China


Every one of the above is just my opinion, I believe that it is technically possible. If these features are every one knows, the Coin would quickly defeat the BTC and LTC to become NO. 1

Currently, only these Suggestions, I hope you have a good idea can be put forward and add, we together to design a perfect electronic money.

Once again apologize for my terrible English, please help me translate, if you have the time, thank you.
empoweoqwj
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December 13, 2013, 08:06:36 AM
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The English comes out pretty well actually if Google Translate did it. I should tip google some bitcoins. Oh no, I forgot, they hate them ....

Anyway, I'll just answer a couple of points:

1) "The amount is too little". By that I presume you mean BTC has 20M and LTC 80M coins. For me, that is a complete non-issue because you can buy fractions of coins, to 8 decimal places in case of bitcoin. Not sure about litcoin. That's a lot of granularity.

2) There are several ways (current and future) to solve the "time too long waiting in the supermarket" issue.

3) There is no realistic chance of 51% attack on bitcoin. Sure, in theory, but its not going to happen.

Actually, read the rest and google translate has messed it up alot so I won't be tipping the almighty G after all.


btw, how do you expect people to translate the original Chinese without seeing it? ;-)
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