New Cryptocurrency Project

[bluerocket]

Do you want to be part of a new crypto currency team?

Do you want to contribute to the development of a new cutting edge crypto currency that

* Has public and private chains by default
* Has a patented POW mining algorithm and upfront designed ASIC
* Contains multiple chains for various functions (identity, currency, contracts) - each with its own public and private P2P versions of each function
* Ships with its own IoT device for mining/ transaction verification
* Generates rewards not just for miners but also to transaction verifiers, account holders (by lottery)
* Private messaging api (think snapchat)
* Reporting api (think real-world company preparing accounts and automatically submitting to government departments)
* A decentralised system for linking public addresses to simple URLs (so you pay Jim@bitcoinToTheMoon not 8j248alsijf82oou524jld82hd7sxx)
* An API for privacy related (non chain services) such as file backup (ipFS??) that rewards users for providing compute power on their device
* 1024 bit security (yes - overkill but Bitcoin gets cracked first )
* APIs for integration with other systems
* Community driven feature requests

If you are interested in joining the team and/or funding development please indicate your interest in this thread.

[B1M0]

Mb u can give a link to project website? WP?

[EBK1000]

Can you link us to the patent for the PoW. If you already have a patent you are safe. In which country is the patent held and what type of patent is it?

[bluerocket]

Heya,

This project is still very much in the beginning phases of development. I'm just putting this here to do a few things:

1. Guage the level of interest for yacc (yet another crypto currency)
2. Form the basis for the project and open the forum to additional comments/feedback.

[EBK1000]

Heya,

This project is still very much in the beginning phases of development. I'm just putting this here to do a few things:

1. Guage the level of interest for yacc (yet another crypto currency)
2. Form the basis for the project and open the forum to additional comments/feedback.

Having a patent is a big thing as there are no patents in the cryptocurrency space so if you have one you should show it and people will be very interested.

[B1M0]

Heya,

This project is still very much in the beginning phases of development. I'm just putting this here to do a few things:

1. Guage the level of interest for yacc (yet another crypto currency)
2. Form the basis for the project and open the forum to additional comments/feedback.

Ofc all new is interesting, but u can't create interest to join your team without description of the project.

[Sir Paijoe]

New coin again, it's good project dev. Waiting for bounty, giveaway and signature campaign program.

[densmirnov]

Additional info needed

[greenuser]

Do you want to be part of a new crypto currency team?

Do you want to contribute to the development of a new cutting edge crypto currency that

* Has public and private chains by default
* Has a patented POW mining algorithm and upfront designed ASIC

Will the ASIC use stock components and will the gerber files be open source?
It would be nice to see DIY kits of [pcb + parts] to users who have experience and want to assemble their own boards. Also wholesale pricing as well for large orders?
Or at least a schematic and bill of materials?

It's not going to take long to reverse engineer your ASIC unless you have your own IC design and manufacturing source, the Chinese will be all over it.

That said, if done correctly, a algorythm that could be GPU or CPU mined at first and then become ASIC compatible after X amount of blocks mined,... that would be interesting.

[legdunes]

Not sure we need another coin tbh, too many already

[greenuser]

Not sure we need another coin tbh, too many already

yes but the ones we have are not worth mining anymore (profit just too small) and they are all ASIC resistant so the hashrate will not grow any further.

ASICs = efficiency & space saving.

[bluerocket]

Do you want to be part of a new crypto currency team?

Do you want to contribute to the development of a new cutting edge crypto currency that

* Has public and private chains by default
* Has a patented POW mining algorithm and upfront designed ASIC

Will the ASIC use stock components and will the gerber files be open source?
It would be nice to see DIY kits of [pcb + parts] to users who have experience and want to assemble their own boards. Also wholesale pricing as well for large orders?
Or at least a schematic and bill of materials?

It's not going to take long to reverse engineer your ASIC unless you have your own IC design and manufacturing source, the Chinese will be all over it.

That said, if done correctly, a algorythm that could be GPU or CPU mined at first and then become ASIC compatible after X amount of blocks mined,... that would be interesting.

Yeah, I was thinking about that too. If its open source it kinda negates the point of having a patent from a financial perspective (given how easy it is to reverse engineer) - but I was thinking that it does provide an interesting set of opportunities.

We could have a license with phone manufacturers to integrate the asic (running at low speed) into a mobile - and voila - while you're charging your phone you're earning a few bucks.

I'm leaning more towards open though as that should speed development and dissemination times.