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Is a 100% premined coin possible?
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Topic: Is a 100% premined coin possible? (Read 597 times)
rikkejohn
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Is a 100% premined coin possible?
January 19, 2014, 12:06:33 PM
#1
A 100% premined coin.
Anyone know if it is possible to make such a coin?
The blockchain would be kept busy by lots of small transactions.
But no mining at all. Would that make it unfeasible?
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swordfish6975
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Re: Is a 100% premined coin possible?
January 19, 2014, 12:21:30 PM
#2
i think it exists - see nxt(nxt),mastercoin (msc) and ripple (xrp)
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hasar
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Re: Is a 100% premined coin possible?
January 19, 2014, 12:22:36 PM
#3
Devs must be making serious money.
I AM A DNOTES FANS THE COIN ABOVE ALL OTHERS.
One Six
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Re: Is a 100% premined coin possible?
January 19, 2014, 12:25:05 PM
Last edit: January 19, 2014, 12:58:53 PM by One Six
#4
Quote from: rikkejohn on January 19, 2014, 12:06:33 PM
A 100% premined coin.
Anyone know if it is possible to make such a coin?
100% possible & successful with ultra professional approach. Good examples: XRP (Ripple) and NXT (Next Coin).
fritzi
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Re: Is a 100% premined coin possible?
January 19, 2014, 12:30:02 PM
#5
Agree, premined or no premined and scam or not scam it will all depend on how you market/promote the coin in order to become successful.
Nullu
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Re: Is a 100% premined coin possible?
January 19, 2014, 12:35:42 PM
#6
100% Premined works as a pure PoS currency, but to make any money from it people need to be trading it and spending it. Trading it alone does not work in the long term, as it is then only as strong as the confidence of the market.
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rikkejohn
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Re: Is a 100% premined coin possible?
January 19, 2014, 02:22:03 PM
#7
Interesting, I had an idea for a coin, but it needs to be 100% premined.
I have no intention of selling it, it would be given away (and not in Ripple fashion)
I can't make coins anyway, but I might get this one made for me (preferably for hardly any outlay)
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thecoinjournal
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Re: Is a 100% premined coin possible?
January 19, 2014, 02:26:35 PM
#8
Quote from: rikkejohn on January 19, 2014, 02:22:03 PM
Interesting, I had an idea for a coin, but it needs to be 100% premined.
I have no intention of selling it, it would be given away (and not in Ripple fashion)
I can't make coins anyway, but I might get this one made for me (preferably for hardly any outlay)
I have a similar idea for making a coin used for marketing.
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miffman
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Re: Is a 100% premined coin possible?
January 19, 2014, 02:30:47 PM
#9
Who will mine the blocks? That's one of the things you need to consider
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affan
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Re: Is a 100% premined coin possible?
January 19, 2014, 03:40:05 PM
#10
ripple isnt altcoin....,
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