What you want in a coin?

[Zen00]

What does everyone want in a coin? No premine? Gravity well? Something else? What makes a coin good to you?

[markm]

Massive, massive hashrate. More hashing power than DOGE, Litecoin, or I0Coin. Heck maybe even more than IXCoin really.

-MarkM-

[warlogna]

Popularity.

[bitdraw]

- innovation and/or
- fairness

http://fair-coin.info/
seems to be a fair project for example. their initial free distribution is still going on at this moment btw,
no investment needed.

[markm]

Popularity without hashing power to secure the blockchain is simply a scam, defrauding people into buying a bunch of totally insecure garbage that can be stolen from them at any moment by anyone with a few botnets or datacentres/mining-farms/pools to play with.

-MarkM-

[markm]

- innovation and/or
- fairness

http://fair-coin.info/
seems to be a fair project for example. their initial free distribution is still going on at this moment btw,
no investment needed.

There is nothing fair about five days.

Even fifty days might be too short a "window of opportunity" for word to spread around the world.

Just scheduling some expert code reviewers to review the source code checking for exploits, wallet-stealers and so on is going to reasonably require far more than five days, then word has to get out about who the code revieweers were, what their conclusions were, what their qualifications are and so on...

-MarkM-

[bitdraw]

- innovation and/or
- fairness

http://fair-coin.info/
seems to be a fair project for example. their initial free distribution is still going on at this moment btw,
no investment needed.

There is nothing fair about five days.

Even fifty days might be too short a "window of opportunity" for word to spread around the world.

-MarkM-

Kinda agree, my perception of fairness might have changed a lot, with all the things i've seen here..

still a valid approach compared to the timeframe you have on lots of other coins to get a share..

[jonnysomething]

- innovation and/or
- fairness

http://fair-coin.info/
seems to be a fair project for example. their initial free distribution is still going on at this moment btw,
no investment needed.

There is nothing fair about five days.

Even fifty days might be too short a "window of opportunity" for word to spread around the world.

-MarkM-

Seems like a scam to get people to download a trojan wallet.

I could be wrong, but I think I'll stay away.

[markm]

Seems like a scam to get people to download a trojan wallet.

I could be wrong, but I think I'll stay away.

Yes, exactly. Re-read my post, I added to it re code review alone requiring more than five days.

Hardly anyone managed to get in on Mastercoin because their window of opportunity was only 30, 60 or 90 days or so, by the time most people had had a chance to review all the technical details, the qualifications of the teams and so on and so on it was already too late to get into it.

-MarkM-

[Zen00]

Aside from all those externalities, what do you want in the coin code?

[bcd]

What does everyone want in a coin? No premine? Gravity well? Something else? What makes a coin good to you?

1. Innovation
2. Multipool resistant
3. Best marketing

[MicroGuy]

Aside from all those externalities, what do you want in the coin code?

The code should be creative, elegant, and beautiful. The greatest software engineers are artists at heart.

[One Six]

Aside from all those externalities, what do you want in the coin code?

The code should be creative, elegant, and beautiful. The greatest software engineers are artists at heart.