FrictionlessCoin (OP)
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Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
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July 18, 2013, 11:25:20 AM |
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Hello,
I have an idea for a new kind of crypto-coin that has a proof of work that has real practical purposes.
Bitcoin and Litecoin have PoW that really has no real practical value. That is, finding a nounce value that will create a hash with a certain number of zeros.
Primecoin has a PoW that may not have any practical value, but at least it is intellectually interesting as to what it discovers.
I have an idea for a coin that does have an algorithm that has value.
I hope to release the coin in 1-2 weeks time.
Anyway, I am a skilled developer, however I would like to collaborate with 2 additional developers to help me refine my implementation.
Please pm me if you are interested. I would like to work with someone with C,C++,Java or Python skills.
Thanks in advance.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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defaced
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Franko is Freedom
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July 18, 2013, 12:10:18 PM |
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This has been talked about over and over and over, i wish i had 1FRK for every post like this. You'll find their are massive hurdles but i hope you find the people you need to complete your mission.  Good luck sir! |
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tadakaluri
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July 18, 2013, 12:21:42 PM |
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So, its time to PrimeCoin clones (Copy & Paste).....!!!
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FuzzyBear
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Activity: 1420
Merit: 1010
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July 18, 2013, 12:26:25 PM |
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time to launch UnPrimeCoin (hashes all non prime numbers!!)
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baritus
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Activity: 966
Merit: 1052
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July 18, 2013, 12:58:14 PM |
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time to launch UnPrimeCoin (hashes all non prime numbers!!)
+1 for Genius |
Digitalcoin - Sha256, Scrypt, x11 Mining - Multi-algorithm & One Click Masternodes - Founded in 2013
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hanzac
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July 18, 2013, 01:29:57 PM |
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How about create a P2P (decentralized) cloud. which can be used to store data or computation.
This cloud can be used to host websites, host personal files, do distributed computation. It has a bitcoin-like block-chain to store the payments/transactions. Something similar to Namecoin but more dedicated.
I think it will be much useful.
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Carra23
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Activity: 980
Merit: 1000
Need a campaign manager? PM me
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July 18, 2013, 01:36:04 PM |
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Interesting. Lets see if it is something unique or a copy paste.
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solracx
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July 18, 2013, 01:56:36 PM |
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How about create a P2P (decentralized) cloud. which can be used to store data or computation.
This cloud can be used to host websites, host personal files, do distributed computation. It has a bitcoin-like block-chain to store the payments/transactions. Something similar to Namecoin but more dedicated.
I think it will be much useful.
You know you may be in on to something here. Storing all the data required by the computation in the blockchain may be problematic for many classes. So, the block chain may be able to point to a url to retrieve the computation required for the block. |
ZenithCoin - Sustainable Scrypt Based Crypto Currency
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jaakkop
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July 18, 2013, 02:11:18 PM |
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How about create a P2P (decentralized) cloud. which can be used to store data or computation.
This cloud can be used to host websites, host personal files, do distributed computation. It has a bitcoin-like block-chain to store the payments/transactions. Something similar to Namecoin but more dedicated.
I think it will be much useful.
There is this neat decentralized data storage software called Bittorrent Sync: http://labs.bittorrent.com/experiments/sync.html |
I'd buy that for a dollar bitcoin!
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fluffypony
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Activity: 1274
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GetMonero.org / MyMonero.com
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July 18, 2013, 02:14:15 PM |
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Lemme guess...it's going to do protein folding as PoW?
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Tgspring
Newbie
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Activity: 48
Merit: 0
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July 18, 2013, 02:44:06 PM |
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hurry, i can,t help wait. haha
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Explodicle
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July 18, 2013, 08:10:41 PM |
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the block chain may be able to point to a url to retrieve the computation required for the block. Once the URL target changes, the block can no longer be validated. |
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mercSuey
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July 18, 2013, 08:23:35 PM |
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time to launch UnPrimeCoin (hashes all non prime numbers!!)
That would be CompositeCoin....and it can be merge mined actually.  |
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solracx
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July 18, 2013, 08:44:03 PM |
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the block chain may be able to point to a url to retrieve the computation required for the block. Once the URL target changes, the block can no longer be validated. For a compuational to be valuable, there needs to be a means for the consumer of a computation to be able to submit data for computation. |
ZenithCoin - Sustainable Scrypt Based Crypto Currency
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r3wt
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July 18, 2013, 09:35:56 PM |
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tax coin. processes blocks of tax returns for the irs. the first pool/miner to process a block of returns is rewarded with 25 coins for the block. half of the IRS budget is immediately cut in half.
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My negative trust rating is reflective of a personal vendetta by someone on default trust.
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tacotime
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Activity: 1484
Merit: 1005
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July 18, 2013, 09:43:36 PM |
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time to launch UnPrimeCoin (hashes all non prime numbers!!)
 On a more serious note, I think you could probably launch a coin that finds amicable pairs of large numbers. |
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns |
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mustyoshi
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July 18, 2013, 09:45:40 PM |
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Protein folding would be interesting.
Why don't you just tell us what PoW you have in mind? Being secretive is dumb.
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