[PRE-ANN] Burn All Coins (BAC)

[tbearhere]

why name is Burn All Coins?looks not good

borzalom and I have been working on a good name for this and for now we have BAC ticker Burn All Coins.

But we need a better name and everyone can help out to name it.

this is good to change the name but according to my search for the name is a very difficult thing because the name is a meaning for us all.

Yes exactly and burn any coin is closer. And if I understand it correctly it's any coin even BTC to this asset I think.

Concept is not fixed yet. I want try my new idea the "proof of signature" algo. If POSi ( proof of signature ) test will successful then don't needed burn coins.

Ok Will you have mining for the miners?

[borzalom]

why name is Burn All Coins?looks not good

borzalom and I have been working on a good name for this and for now we have BAC ticker Burn All Coins.

But we need a better name and everyone can help out to name it.

this is good to change the name but according to my search for the name is a very difficult thing because the name is a meaning for us all.

Yes exactly and burn any coin is closer. And if I understand it correctly it's any coin even BTC to this asset I think.

Concept is not fixed yet. I want try my new idea the "proof of signature" algo. If POSi ( proof of signature ) test will successful then don't needed burn coins.

Ok Will you have mining for the miners?

Yes, mining for the TRUSTED miners.

[aioc]

I thought it's all about burning coins from other altcoins just like what Barr is doing,there are mining disscussions dev should have change the tile to mining instead of burning,because this is not a proof of burn coins anymore.

[tbearhere]

why name is Burn All Coins?looks not good

borzalom and I have been working on a good name for this and for now we have BAC ticker Burn All Coins.

But we need a better name and everyone can help out to name it.

this is good to change the name but according to my search for the name is a very difficult thing because the name is a meaning for us all.

Yes exactly and burn any coin is closer. And if I understand it correctly it's any coin even BTC to this asset I think.

Concept is not fixed yet. I want try my new idea the "proof of signature" algo. If POSi ( proof of signature ) test will successful then don't needed burn coins.

Ok Will you have mining for the miners?

Yes, mining for the TRUSTED miners.

Nice. I hope this will be soon.

[tbearhere]

I thought it's all about burning coins from other altcoins just like what Barr is doing,there are mining disscussions dev should have change the tile to mining instead of burning,because this is not a proof of burn coins anymore.

Yes absolutely true. borzalom should change it.

[tbearhere]

@borzalom Maybe it's time to change it to mining with proof of signature.  And we need a good ticker for it.

[smyslov]

@borzalom Maybe it's time to change it to mining with proof of signature.  And we need a good ticker for it.

Proof of signature?? Is this a new algo first time I read that and how it works,does it needs a gpu or an specialized software and run it in our computer,i hope you can explain further for newbies like me in mining ..

[tbearhere]

@borzalom Maybe it's time to change it to mining with proof of signature.  And we need a good ticker for it.

Proof of signature?? Is this a new algo first time I read that and how it works,does it needs a gpu or an specialized software and run it in our computer,i hope you can explain further for newbies like me in mining ..

Yes it will be a new algo and mineable from what I understand. Been working with him for quite a while. It will take time.

[lizidev]

 @borzalom you are a  great  coin dev ,i will  support  you ,hope  Proof of signature  successed

[tbearhere]

@borzalom Well I guess it didn't work out?