Walter Rothbard (OP)
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May 08, 2013, 08:59:03 PM Last edit: May 14, 2013, 03:03:42 PM by Walter Rothbard |
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At the next Bitcoin halving, I intend to launch a new altcoin. The code will be near-identical to Bitcoin's, with minimal changes made to accommodate a new address prefix, new ports, new genesis block and block chain, and possibly a reasonable starting difficulty. The genesis block will contain the hash of Bitcoin block 420000. This will be around 2016-11-12T05:06:56Z, so I should have plenty of time to get the project started. I'm tentatively calling this coin Thirdcoin, Bitcoin itself being "Firstcoin" and Bytecoin being "Secondcoin." I might be interested in suggestions for new names, although I've always liked the idea of a triangular coin. Thirdcoin will have a testnet. Not sure when I plan to launch that. I'm open to suggestions, or to somebody else doing the entire project. ThirdCoin github repository is here: https://github.com/wRothbard/ThirdCoin
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Come-from-Beyond
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May 08, 2013, 09:06:23 PM |
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Reserved
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mebezac
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May 08, 2013, 09:06:56 PM |
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This will be around 2016-11-12T05:06:56Z, so I should have plenty of time to get the project started. I give it 27 minutes from now before people start selling 1000s of these.
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BTC: 168d57nW72Y6DidPgE88iL7vYmpQD45dYK|LTC: LLPttXuFF2uTo2CWeEwXU5CwcUcgQ4NGd3
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furuknap
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May 08, 2013, 09:09:20 PM |
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This will be around 2016-11-12T05:06:56Z, so I should have plenty of time to get the project started. I give it 27 minutes from now before people start selling 1000s of these. Selling 100K @10LTC/1K. Yes, I'm just joking. .b
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takagari
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May 08, 2013, 09:10:32 PM |
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Do we not have enough alt coins already? 90% of which will flop
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limitless
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May 08, 2013, 09:11:27 PM |
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Reserved my post here on history page
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syn999
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May 08, 2013, 09:12:46 PM |
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2016? wow
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Walter Rothbard (OP)
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May 08, 2013, 09:12:55 PM |
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Do we not have enough alt coins already? 90% of which will flop
Most of them will flop long before ThirdCoin is available.
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Evolekam
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May 08, 2013, 09:15:22 PM |
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If it's going to be that late, the altcurrencry will be dead.
I don't think the Bitcoin hype will continue so far down the road.
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furuknap
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May 08, 2013, 09:17:15 PM |
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Do we not have enough alt coins already? 90% of which will flop
No. Each coin contributes to the evolution of cryptocurrency, even if it is only by its utter failure to do anything. Now we know about FTC and CHN and can spot a similar idea and what makes it fail (FTC difficulty too high and never going to retarget, CHN, well...). This means that new coins may not make the same mistakes. We're testing ways of launching (" NEW COIN NOW, QUICK MINE NOW!" to " I have this idea, and I'm going to build a coin to test it"). We've seen what launching does to pre-mines and non-premines, we've explored what it would take to build GPU-resistant SCrypt coins, we've had a ton of plain old fun. This is evolution. They're not scams any more than fish or H1N5 are scams of biological evolution. They may survive or they may die, but they've taught us something that will strengthen cryptocurrencies as a whole. Here are some additional thoughts: http://coin.furuknap.net/feathercoin-theres-a-new-kid-on-the-block/.b
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takagari
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May 08, 2013, 09:19:17 PM |
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Can I buy 100,000 now for 10 LTC?
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takagari
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May 08, 2013, 09:21:40 PM |
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Do we not have enough alt coins already? 90% of which will flop
No. Each coin contributes to the evolution of cryptocurrency, even if it is only by its utter failure to do anything. Now we know about FTC and CHN and can spot a similar idea and what makes it fail (FTC difficulty too high and never going to retarget, CHN, well...). This means that new coins may not make the same mistakes. We're testing ways of launching (" NEW COIN NOW, QUICK MINE NOW!" to " I have this idea, and I'm going to build a coin to test it"). We've seen what launching does to pre-mines and non-premines, we've explored what it would take to build GPU-resistant SCrypt coins, we've had a ton of plain old fun. This is evolution. They're not scams any more than fish or H1N5 are scams of biological evolution. They may survive or they may die, but they've taught us something that will strengthen cryptocurrencies as a whole. Here are some additional thoughts: http://coin.furuknap.net/feathercoin-theres-a-new-kid-on-the-block/.b So when will someone invent a way to sell and trade a universal coin which can use any currency at it's value, or a wallet, that If I wanna pay someone XX USD it'll send what ever coin's needed?
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larkstongues
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May 08, 2013, 09:31:36 PM |
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So when will someone invent a way to sell and trade a universal coin which can use any currency at it's value, or a wallet, that If I wanna pay someone XX USD it'll send what ever coin's needed?
Your description is a little bit blurry, but if get you right you want a kind of "Metacoin" that automatically selects the equivalent to XX USD for any given coin and then sends it off? This is like 20 lines of Code...
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pm for tech support
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JahPowerBit
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Counterparty Developer
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May 08, 2013, 10:07:13 PM |
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I'm tentatively calling this coin Thirdcoin, Bitcoin itself being "Firstcoin" and Bytecoin being "Secondcoin." I might be interested in suggestions for new names, although I've always liked the idea of a triangular coin.
IMHO FourthCoin, because i think Namecoin was before Bytecoin..
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muddafudda
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May 08, 2013, 10:09:42 PM |
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Reserved for a ridiculous BTC bounty in years when scam is called.
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spoid
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May 08, 2013, 10:12:33 PM |
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you had me at triangular coin.
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BBQKorv
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May 08, 2013, 10:16:35 PM |
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I must say, you seem to have taken seriously the demand to annouce new coins early enough. This should be early enough.
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maxmint
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May 08, 2013, 10:26:47 PM |
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Alright, so what's the currency abbrevation – THC?
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Eb0la
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May 08, 2013, 11:03:31 PM |
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Wheres the binaries? How do I mine this?! PLZ!
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zenrog
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May 08, 2013, 11:07:06 PM |
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Can I buy 1,000,000 for 1 ltc now?
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