Ripple++

[Come-from-Beyond]

if you develope this, people probably going to mine and trade

In this case I have to repeat:

I suspect that Ripple's protection against a Sybil attack is flawed, so noone should use Ripple++ as real money.

[Come-from-Beyond]

Regarding the minting:

Code:

Reward = 1'000'000 - TotalSupply / 100'000

Code:

Difficulty = TotalSupply, but not less than 10'000'000

Reward is how much XXX u'll get after completing minting. Difficulty is how many hashes (in average) u have to calculate to complete minting.

Minting will be stopped after the total supply reaches 100'000'000'000 XXX, just like in Ripple. When some XXX is destroyed due to transaction fees, minting will be possible again. In the distant future the total supply will oscillate near the limit (a graph should look like ripple ).

[webr3]

I have seen a lot of threads which state that Ripple is a scam. I tried to examine this by myself, I read the technical details, but my IQ isn't high enough to come to the final conclusion. I have to admit that the theory behind Ripple is too sophisticated for me (or flawed), so I decided to conduct an experiment.

The experiment is quite simple, I'll try to replicate base functionality of Ripple. If I get something similar then I'll consider that I got the essence of the idea.

I don't want to care about distribution of premined XRP, so I'll publish mining software.

I'm posting here to know if someone supports this experiment. I expect that u mine some coins, use them for fake trades and post ur feedback.

PS: Don't post here if u support the experiment, talking is cheap and phrases like "do it" can be just sarcasm. Better send some coins (1 satoshi is enough), so I can see how many people support my approach.

BTC - 1M8vq7g36WLwM8HZcmeWxJtaspiKWRaY2p
LTC - LMktYn1mLLS9WWzt2ScyWMD7Pw9fc4nJsP

You need to separate XRP from ripple.

Try using ripple for everything other than XRP transactions, then recreate that, and you'll have ripple again.

So maybe you just want to make another alt coin.

[Come-from-Beyond]

So maybe you just want to make another alt coin.

I want to make another coin (without "alt"), but it's not about Ripple. Look at my signature.

[Francesco]

if you develope this, people probably going to mine and trade

In this case I have to repeat:

I suspect that Ripple's protection against a Sybil attack is flawed, so noone should use Ripple++ as real money.

TradeFortress publicly exposed what he believes to be a flaw. Do the same. I guess it wouldn't be so hard to find enough Ripple skeptics and perform an attack if the system is flawed.

[achillez]

seems like a neat idea - watching it