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[Idea] New Altcoin with built-in Max Hash power limiter?
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Topic: [Idea] New Altcoin with built-in Max Hash power limiter? (Read 1611 times)
Ignore@YourPeril
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Re: [Idea] New Altcoin with built-in Max Hash power limiter?
May 05, 2013, 04:06:05 PM
#21
I know of one way you can do it: Have a variable part of all generated coins assigned to central organization, a coin foundation, like Freicoin has fixed 80% (in the phase of initial distribution that is). Then with increased difficulty the payout for the miner decreases. This will repel anyone but the miner trolls, and the trolls will soon chose to mine some other chain to make more profit... The foundation then distributes the coins it receives in a faucet or otherwise.
JohnDorien
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Re: [Idea] New Altcoin with built-in Max Hash power limiter?
May 19, 2013, 10:58:30 AM
#22
Bump this for a programmer
defaced
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Franko is Freedom
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Re: [Idea] New Altcoin with built-in Max Hash power limiter?
May 19, 2013, 11:01:27 AM
#23
Quote from: xorxor on May 04, 2013, 08:36:08 AM
Fine idea, but an utopian concept. One word:
botnet
This is why it wouldnt be smart
Fortune Favors the Brave
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JohnDorien
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Re: [Idea] New Altcoin with built-in Max Hash power limiter?
May 20, 2013, 07:55:10 AM
#24
Again, i think a possible botnet is no reason to stop this as they already can be applied to all other coins.
For this coin each Bot would have to be its own instance. This does make this coin more botnet unfriendly.
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