cyberspacemonkey
Legendary
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Activity: 1288
Merit: 1002
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November 19, 2017, 03:54:12 AM |
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Looks interesting. It would've been nice if it was a new algo or CPU friendly though, but that's just too hard I guess.
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cryptojai
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November 19, 2017, 04:54:02 AM |
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My suggestion - if you want a successful coin, do a fair launch with no pre-mine.
I would suggest to have 1-2% to pay to get listed on exchanges . Community contribution does take time which is not good for the coin .
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Doum (OP)
Member
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Activity: 93
Merit: 10
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November 19, 2017, 04:07:06 PM |
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My suggestion - if you want a successful coin, do a fair launch with no pre-mine.
I would suggest to have 1-2% to pay to get listed on exchanges . Community contribution does take time which is not good for the coin . The premine will be decided by the community, but there will be a minimum pre-mine of 1% to pay for exchange fees. Looks interesting. It would've been nice if it was a new algo or CPU friendly though, but that's just too hard I guess.
Vote for a CPU friendly algo then!
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nvidiafx2004
Newbie
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Activity: 30
Merit: 0
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November 19, 2017, 04:11:01 PM |
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Like this project, just vote Equihash as ALGORITHM. Thanks
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cyberspacemonkey
Legendary
Offline
Activity: 1288
Merit: 1002
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November 19, 2017, 04:11:12 PM |
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My suggestion - if you want a successful coin, do a fair launch with no pre-mine.
I would suggest to have 1-2% to pay to get listed on exchanges . Community contribution does take time which is not good for the coin . The premine will be decided by the community, but there will be a minimum pre-mine of 1% to pay for exchange fees. Looks interesting. It would've been nice if it was a new algo or CPU friendly though, but that's just too hard I guess.
Vote for a CPU friendly algo then! So we do have that option? where can I vote? Problem is I'm not sure what algo could be used for that since most of the ASIC resistant ones are for GPUs.
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TheKingInYellow
Sr. Member
Offline
Activity: 546
Merit: 257
Have you found the Yellow Sign?
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November 19, 2017, 04:16:19 PM |
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I think Equihash is a good algo for PoW. But I believe PoW shouldn't be the only way to continue the chain, PoS should be looked at as well and the natural next step of masternodes. Enables more features and gives alot more intrinsic value to the chain. Not to mention the built in safeguards of hybrid work chains.
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aimlor
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November 19, 2017, 04:19:45 PM |
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danieljefrry
Member
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Activity: 108
Merit: 10
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November 19, 2017, 04:26:19 PM |
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This gonna be huge vote for X11, X11
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danieljefrry
Member
Offline
Activity: 108
Merit: 10
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November 19, 2017, 04:28:37 PM |
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Join discord, if you in I'm in sifu
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Highspeed123
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November 19, 2017, 04:28:38 PM |
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My suggestion - if you want a successful coin, do a fair launch with no pre-mine.
I would suggest to have 1-2% to pay to get listed on exchanges . Community contribution does take time which is not good for the coin . The premine will be decided by the community, but there will be a minimum pre-mine of 1% to pay for exchange fees. Looks interesting. It would've been nice if it was a new algo or CPU friendly though, but that's just too hard I guess.
Vote for a CPU friendly algo then! So we do have that option? where can I vote? Problem is I'm not sure what algo could be used for that since most of the ASIC resistant ones are for GPUs. Crytonight is probably the most CPU friendly algo, the difference between CPU and GPU hash is not huge. It would be really cool if a new algo was developed that is CPU Only to bring back the good old days of fair mining. Problem now is Nicehash, we need a Nicehash resistant algo.
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aimlor
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November 19, 2017, 05:53:50 PM |
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Doum (OP)
Member
Offline
Activity: 93
Merit: 10
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November 19, 2017, 05:54:38 PM |
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can i get the invite link for slack or discord please.. It's on the main page, just click the picture of discord channel.
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aimlor
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November 19, 2017, 06:10:36 PM |
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can i get the invite link for slack or discord please.. It's on the main page, just click the picture of discord channel. thanks.. already in
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catmilk
Member
Offline
Activity: 114
Merit: 11
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November 19, 2017, 06:22:36 PM |
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Is this project only the idea, dev? Do you have the team of developers? Ill wait and follow your idea... Good luck for you.
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2bfree
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November 19, 2017, 07:21:00 PM |
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What makes this project special?
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sibirskiiuvalen
Newbie
Offline
Activity: 12
Merit: 0
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November 19, 2017, 07:21:54 PM |
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please, dont equihash!) no ethash!) cryptonight or xevan will be good))
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bricktop8
Member
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Activity: 196
Merit: 10
StasyQ
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November 19, 2017, 08:41:17 PM |
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It is obvious that for a miner and/or investor a coin with no premine it's the best.
On the other side the dev/devs wants to get something for their work, hardware, maintenance, etc.
So in my opinion the fair way to keep the investors and devs happy is to make a coin with % (1%-5%) from block reward that goes to dev or coin maintenance. This way the investors are not afraid the the dev will dump the premine and also the dev will not get all the rewards form day 1, he'll have to work and get the rewards block by block.
1%-2% premine it's also acceptable for a coin without masternods or early POS because that 1%-2% could turn in 10%+ because or masternods/POS early rewards.
Good luck with your project!
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Doum (OP)
Member
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Activity: 93
Merit: 10
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November 19, 2017, 11:06:40 PM |
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Is this project only the idea, dev? Do you have the team of developers? Ill wait and follow your idea... Good luck for you.
The project is the coming together of ideas and the development of them using all the communities resources to make the best product possible. Thanks for the support! What makes this project special?
It's completely built by and for the community! Everyone has to power to make the changes they wish! As long as there is an over 50% consensus! please, dont equihash!) no ethash!) cryptonight or xevan will be good))
It's what the majority wants, get people to vote for CryptoNight if you'd like a more CPU focused coin. It is obvious that for a miner and/or investor a coin with no premine it's the best.
On the other side the dev/devs wants to get something for their work, hardware, maintenance, etc.
So in my opinion the fair way to keep the investors and devs happy is to make a coin with % (1%-5%) from block reward that goes to dev or coin maintenance. This way the investors are not afraid the the dev will dump the premine and also the dev will not get all the rewards form day 1, he'll have to work and get the rewards block by block.
1%-2% premine it's also acceptable for a coin without masternods or early POS because that 1%-2% could turn in 10%+ because or masternods/POS early rewards.
Good luck with your project!
We're looking at a 1-2% pre-mine right now, the project is PoW at the moment, and will stay that way for the foreseeable future. Mostly to promote a pure decentralized cashless environment.
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Mellor46
Member
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Activity: 135
Merit: 10
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November 20, 2017, 07:51:42 AM |
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I will follow you! Good luck!
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