[Pre-ANN]⚠️💰🔐COINAGE☀️👀⚠️⚠️coinage.org ₡ 6 Years Project Moving to Beta

[bingbong1589]

Having different algorithms is relatively unique right?

[1714248943]

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[1714248943]

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[1714248943]

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[1714248943]

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We have successfully setup the wallet to be capable of an easy transition between different algorithms (todays tests showed it functional). We have been testing it for a while and likely wont have the rotating algo ready at launch but can move to it later. We had to make this an option with looking forward to quantum computing.

Hi, what is the advantage of the ability to switch between different algorithms? Could you explain that in easy words for me?

[MarauderV]

Having different algorithms is relatively unique right?

I think there is one more coin with like 5 algo's http://myriadcoin.org/en/home

[Coinage.org]

The first major advantage would be asics would be pointless. Even fpgas would be a poor use of time unless you were to program them for every possible algorithm.

In the future, we will have to adapt the algo to handle quantum computing. This allows us to make the changes seamlessly.

[Coinage.org]

Having different algorithms is relatively unique right?

Yes.

[deanerific]

Having different algorithms is relatively unique right?

Yes.

Relatively. Myriad and Digibyte come to mind as two coins with a multi-algo PoW implementation.  Still exciting to see more coins with this innovation.  I've been watching this ANN for a while and glad to see there's finally some movement!

[Coinage.org]

Its not the same system they use, and we are using original code.

[Vicrypt]

What is the driving motivation behind your project?
Do you have commercial goals or is this for the challenge and to create a community?

[Coinage.org]

It was commercial the first year but then it became a pet project that we simply continued and almost never expected to finish. But as time passed and more got done we eventually came to realize we could produce something that has not been done before. A non premined user driven currency minus the cash grab.

If the community grows as expected then we will start working on plugins to add to the wallet.

[deanerific]

It was commercial the first year but then it became a pet project that we simply continued and almost never expected to finish. But as time passed and more got done we eventually came to realize we could produce something that has not been done before. A non premined user driven currency minus the cash grab.

If the community grows as expected then we will start working on plugins to add to the wallet.

How can we be more involved in this project? 

[Coinage.org]

Support development once we launch. We will be throwing our work at everyones feet and saying have mercy on us and donate. As pointed out earlier in the thread beyond asking for donations...we cannot seem to be able to find the perfect method to support the development and not be invasive in our requested support. So a donation button will just have to suffice and we will hope the community will see our intention is to build something better minus the hurdles ethereum has had. We know vitalik and something that came up more than once was the issues with him being hindered by campaigning at conferences and events when he should have been coding or planning.

We will not be seeking corporate investment, this is for the community to decide if our work is worth their donations.

We will not be requesting any donations to the development team until users can use and test what we have developed.

[cryptofirm]

Support development once we launch. We will be throwing our work at everyones feet and saying have mercy on us and donate. As pointed out earlier in the thread beyond asking for donations...we cannot seem to be able to find the perfect method to support the development and not be invasive in our requested support. So a donation button will just have to suffice and we will hope the community will see our intention is to build something better minus the hurdles ethereum has had. We know vitalik and something that came up more than once was the issues with him being hindered by campaigning at conferences and events when he should have been coding or planning.

We will not be seeking corporate investment, this is for the community to decide if our work is worth their donations.

We will not be requesting any donations to the development team until users can use and test what we have developed.

so, how can you develop the project without funds thats usually collected with ICO ?
are you and your team do some self funding for thus project ?

[Coinage.org]

We have self funded up until now.

ICO is a nice concept that is so thourghly abused that even if we did do one no one would be able to truly believe that we have worked on this project to benefit the community.

Besides, ICO didn't exist when we started the project, back in the day no one did an ICO they premined or scammed extra coins to dump on the market. On coinage that will be impossible to achieve.

[bingbong1589]

Bitcoin and many other cryptocurrency were funded without ICO, you don't need an ICO to develop something, although of course it is easier. I commend these developers for taking the less popular route in the current landscape

[Coinage.org]

Precisely, it will be back to the good ol days.

[bingbong1589]

How's the project coming along?

[Coinage.org]

We are doing UI work at the moment, refactoring everything.

[Foundico.com]

Good project! We invite you to our ICO list, it helps you with funding. Good luck, guys

[Coinage.org]

Good project! We invite you to our ICO list, it helps you with funding. Good luck, guys

This is a prime example of what we should not be using as a bar to entry for a project worthy of investment.

[Coinage.org]

How would it make sense for us to release an ico while having published nothing and show nothing to the public yet?