[ANN][Multi-algo][MASTERNODE] Freecoin (FREE)

[Blockchain Five]

Hello Bitcoin Talk Community,

I wish to post my intention to create a new masternode coin called Freecoin (Free).

This has arisen from continual investment and continual let downs of investing in other masternode cryptos.

The value proposition of this coin is to focus on technically sound/evolved code and user friendly interaction.

The normal coin can hit exchanges at 0% value (free) upon genesis , and only the masternode coin to go ICO as the only method of acquisition.

Issues noticed (although some are being addressed by other coins):

*Code taking too long to mature or not enough coding resources available.

*Website representation of coin not always professional standard.

*Bad english ok. Bad Masternode/Wallet Technical issues not ok.

*Code that works as well on both windows and open source.

*No separation of a mastercoin vs a normal coin.

*No proven Anti-pump and dump technology.

*No Difficulty vs Inflation algorithm.

*No Self mining technology to sustain coin in case of pool abandonment.

*No coin genesis mining commitment for longterm coin economy.

*No Multi Algo mining to include all available hashers.

*No masternode coin control panel for variable coin attribute adjustment for coin survival adjustments.

*Individuals or groups launching coins without offering public or community involvement from genesis.

*Abandonment of coins that have over $100,000 investment by creator(s) (Will be rectified via control panel so masternode owners can vote and enact code changes)

*Potential sell of coin code feature set to larger coins or fork into a full commercial coin once proof of concept or value proposition established.

So there is the basic premise of Freecoin.

I post this as notice of my intentions, and the community will be welcome to participate via coding/masternode/marketing/feedback.

I will also post progression on my youtube channel.

Let me know your thoughts.

Blockchain Five.

[logocreator]

So where is Ann ?

[HappyCaptain]

So where is Ann ?

The OP just announce his intention about the project

[Blockchain Five]

@HappyCaptain you are correct and thanks this counts as my first piece of help.

Going solo on this project is last resort. Also announcing my intentions first helps me shoot straight.

Tired of debugging and troubleshooting other masternodes coins lack of clean coding.

This time can be put into a coin that will address other coins issues head on.

Even if my idea doesn't work, its better than slaving on another coin codes lack of....

With some free community help i think a free coin can be minted.

Blockchain Five.

[silklich]

i like masternode coin.
so i am so interesting in the concept.

[Azzi]

Good idea, you can use Myriad or Nexus as an example.
Also a cloud mining resistant algo would be nice. And a pool resistant one like in Spreadcoin.

[koishikoko]

looks interesting! waitting for more info

[Blockchain Five]

I am stoked at the amount of interest off the bat.

So then a question to the community.

How do we get a coin which is quite technical off the ground in the quickest way?

Blockchain is supposed to make such things easier and quicker so want to use the tech to help along the way.

Example is do we start code from scratch or generate from existing coin creator providers?

Do we start with one algo and then add others, or add as many algos before genesis?

I know of one that at least has some auto mining tech built in, but is this what come first?

Over to community.

[Children of Gaia]

Good idea, you can use Myriad or Nexus as an example.
Also a cloud mining resistant algo would be nice. And a pool resistant one like in Spreadcoin.

Also solominingresistance, traderesistance, keepresistance and etc.

[cryptospectral]

interesting, waiting for more info

[Bsteck]

Free? how will it be distributed equally?

 

[Blockchain Five]

@Azzi

Would you say asking for access to existing code for this trumps development from scratch?

Inspiration is a fickle beast and can only be tamed by quick execution .

[tomboi]

Still needing more information about the project/the coin ANN, since the first post still not contain the necessary information to learn more/better about the project.

[Blockchain Five]

Still needing more information about the project/the coin ANN, since the first post still not contain the necessary information to learn more/better about the project.

@Tomboi

I am still needing more feedback from the community also as what i think it not exclusive rather inclusive from this very forum.

So I am an ideas man that gets bogged down in details which means a good idea lost to the wind.

Please be specific which areas you would like more info?

I know this can be as easy or difficult as we make it.

It can be as easy as going the route of certain altcoins which appear out of nowhere and actually get a decent interest and market cap, but are pump or crap coins or very least consume way to much time of investors to get running (masternodes specifically)

Or as hard as blueprinting every aspect of a successful coin, which is why I need you to be specific about areas you feel are vague and will do best to share.

Please remember this only concept brainstorming at present, and already has exceeded my expectations feedback wise.

[jijikill]

Dev mind to create a channel on Telegram? I'm interested to be part of the project , see whether I can contribute either on coding or marketing ,let me know bro

[Blockchain Five]

Free? how will it be distributed equally?

 

@Bsteck, please tell how you think it would be equal.

It's a fair question, first though that comes to mind is since its masternode is a coin survival mechanism, how can we ensure one person doesn't end up with too many masternodes?

I am not aware of any coins that cap masternode ownership but that is the real question as they are voting rights which affect everyday investors.

Don't always have answers, but always have ideas

[Blockchain Five]

Dev mind to create a channel on Telegram? I'm interested to be part of the project , see whether I can contribute either on coding or marketing ,let me know bro

@jijikill

Telegram channel created

t.me/Freecoindev

Thanks for the heads up.

[jijikill]

Dev mind to create a channel on Telegram? I'm interested to be part of the project , see whether I can contribute either on coding or marketing ,let me know bro

@jijikill

Telegram channel created

t.me/Freecoindev

Thanks for the heads up.

Hey man I mean a chat group , sorry for my typo , a channel is for announcement 

[Shankar94]

Nice! I am in love with masternodes! Will you be coding this coin yourself?

How many coins do you intend to have for each masternode, I mean what requirement will there be for each MN? do you also know what the maximum coin supply will be...?

Could we get a coin that is asic resistant and can only be mined with graphic cards? that would be nice because then I can also mine it with my own systems, not that I have many but still.

[cintrondigital]

Heres a few suggestions:

- Start with a Roadmap
- Small Premine for Marketing and Bounties
- Short Proof of work
- Full POS and Masternode after POW is over.