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Author Topic: Anyone interested in developing a newcoin that is fair to everyone?  (Read 572 times)
wisscot (OP)
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May 05, 2013, 09:15:07 PM
 #1

Which means there's no early adoption advantages.

PM me if u r interested.
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BelMarduk
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May 05, 2013, 09:21:24 PM
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How exactly would you do that? I mean, the people involved (say you and me) would have hash power ready for the get go. I don't have the knowledge or inclination to be part of the project, but dont see how the release of *any* crypto coin that needs to be mined, will not benefit early miners 100 fold later miners.
mountaineer
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May 05, 2013, 10:14:33 PM
 #3

 I'm interested.
juicingapple
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May 06, 2013, 02:49:32 AM
 #4

 Sounds like a good idea, I would be interested in helping develop it.
dillpicklechips
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May 06, 2013, 03:12:17 AM
 #5

Which means there's no early adoption advantages.

PM me if u r interested.
Not sure if possible. You could just have mass inflation. Then everyone loses over time. Why people would want that though? It's pretty much what fiat currencies are now.
bobtlk
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May 06, 2013, 03:15:20 AM
 #6

Interesting!
themgp
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May 06, 2013, 03:46:52 AM
 #7

Which means there's no early adoption advantages.

PM me if u r interested.

Why would anyone use this new cryptocurrency? The early adopter advantages were put in place to incentivize people to join the project. Even when Bitcoin traded for less than $1, miners still had to pay for electricity. AltruisticCoin won't be successful. 
xschris
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May 06, 2013, 03:53:08 AM
 #8

There should be a currency CPU's can mine on spare power.

sli
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May 06, 2013, 05:59:16 AM
 #9

There should be a currency CPU's can mine on spare power.

Either exchange rates would be huge or they need to be hard to mine.

Not that those are issues by themselves, nor is that particularly new information. It's just a tradeoff.
jasondrey13
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May 06, 2013, 06:04:09 AM
 #10

Which means there's no early adoption advantages.

PM me if u r interested.

What kind of algorithm are you proposing?
Kazimir
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May 06, 2013, 06:04:21 AM
 #11

Interested, but I don't see how it's possible (especially not without other major disadvantages).

Besides, is early adopter advantage actually a problem?

If yes: get into Bitcoin now, in the grand scheme of things and the enormous future potential that's still ahead of us, you are an early adopter.

In the not so distant future, we'll all be considered lucky to have gotten into Bitcoin way below €1000!

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
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