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Author Topic: 100% premined altcoin  (Read 569 times)
MaximC (OP)
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April 10, 2016, 12:14:35 PM
 #1

I want create 100% premined coin (don't ask why) and i want be attractive for miners (don't think about coin price).

There is a pararell with mined all bitcoin coins.
What happend, when bitcoin is full mined?
And why will be mined after this moment?

Can be this scenario applied for altcoins?

Thank you.
KeyserSozeMC
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April 10, 2016, 12:15:20 PM
 #2

Why do you want a premined coin?
qwizzie
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April 10, 2016, 12:18:05 PM
 #3

i'm not sure if that scenerio can be applied to altcoins but if you can tell me the name of your coin i'm more then happy to
have it added here : https://www.cryptopia.co.nz/Forum/Thread/493
 

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MaximC (OP)
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April 10, 2016, 12:26:25 PM
 #4

Why do you want a premined coin?

I have idea about useful way for some users.

i'm not sure if that scenerio can be applied to altcoins but if you can tell me the name of your coin i'm more then happy to
have it added here : https://www.cryptopia.co.nz/Forum/Thread/493
 

The coin is not yet done.
Of course i will declare it as premined coin, but not scam.
I will inform you about the coin and the idea when will it be done.

Anyway this is offtopic.

What can be done with bitcoin when is full mined?

Thank you.
Febo
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April 10, 2016, 12:30:18 PM
 #5


There is a pararell with mined all bitcoin coins.
What happend, when bitcoin is full mined?


It should be mined for transaction fees. At that time if BTC will still exist, it should be so much transactions and have such value that that would be enough to sustain mining.
I am sorry to tell you it is impossible to do that with a new coin, unless you will mine it and support network, since you hold all premined coins anyway.

MaximC (OP)
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April 10, 2016, 12:38:47 PM
 #6


There is a pararell with mined all bitcoin coins.
What happend, when bitcoin is full mined?


It should be mined for transaction fees. At that time if BTC will still exist, it should be so much transactions and have such value that that would be enough to sustain mining.
I am sorry to tell you it is impossible to do that with a new coin, unless you will mine it and support network, since you hold all premined coins anyway.



I 100% agree with you.

Please make for me little brainstorming.
Is bitcoin, even litecoin setup for this? Or must be there changing in protocol?

When i think about this, it should be:
1. User: send transaction without fee -> miners: don't mine it
2. User: send transaction with fee -> miners: will mine it

I am thinking good about it?
Febo
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April 10, 2016, 12:46:26 PM
 #7

There will be no BTC or LTC 100 years from now.


When there will be 18m Moneros mined, there will constant tail emission. That is how you solve such problem if exist.

If you send transaction without fee it waits in line for when there is none fee paid transaction left.
DaveWave
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April 10, 2016, 12:48:43 PM
 #8



I want create 100% premined coin(don't ask why)

Why do you want a premined coin?


HuhHuh WTF lol

 
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MaximC (OP)
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April 10, 2016, 12:54:14 PM
 #9

There will be no BTC or LTC 100 years from now.


When there will be 18m Moneros mined, there will constant tail emission. That is how you solve such problem if exist.

If you send transaction without fee it waits in line for when there is none fee paid transaction left.

Thank you.
You help me.

I have in mind - how to don't accept transaction without minimum amount of fee or without fee.
KeyserSozeMC
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April 10, 2016, 01:23:08 PM
 #10



I want create 100% premined coin(don't ask why)

Why do you want a premined coin?


HuhHuh WTF lol

WTF?
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