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July 18, 2013, 10:40:45 PM Last edit: July 18, 2013, 11:03:20 PM by david64 |
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Evening,
Like many others, I am awaiting new cryptos that bring something new to the table; and not just an LTC clone, with services in development that would be better off developed for LTC.
I've had a number of ideas for coins that I believe that would become established, and not forgotten like ChinaCoin. Although I don't expect these to become the next, USD, I do think they will make valuable contributions. Although I have the time to work on such ideas, I do not know C++. So I'd like to put these ideas out there in the hope they will inspire the creator(s) of the next CloneCoin.
Tor Coin - A coin that is generated by contributing bandwidth to the Tor network - thus monetising the anonymization of Internet traffic. Torrent Coin - A coin that is generated by seeding torrents. Could also back a decentralised torrent search, with comments and ratings - no more blocking PB et. al., ads & pop-ups. IM Coin - A decentralised IM client; coins are generated by backing the network. Doesn't give the NSA et. al. a central point of snooping. SETI Coin - Widely suggested; a coin that is generated by helping search for signals in space. There are plenty of similar science-related coins that could be created. Transcription/Knowledge Coin - This is one that could be very tricky to avoid churning out low quality junk - a coin that is generated by transcribing or extracting data from documents. There are a vast array of documents in archives, libraries etc. that like the Internet hold unique information. This project could help provide access to these otherwise hidden sources. The problem would be in verifying legitimate input. Naturally, records would have to be checked, but I a struggling to find a way to avoid potential abuses with this. There is one project I know of that does this - Family Search Indexing, which has indexed billions of names in documents. If there were a monetary incentive, it would make volunteers time more worth while, but also add the abuse angel. Dole Coin - Rough idea: A coin that seeks to replace social security schemes. Not though of any specifics beyond that. Justice Coin - A coin that is generated, and via some mechanism (unstipulated), funds are transferred to a group who undertake legal cases that may otherwise never happen, e.g. prosecuting Monsanto. WikiLeaks Coin - A decentralised WikiLeaks, adding a further veil for whistle-blowers. I'm not exactly sure how the coins would be minted, but I am sure someone could think of something. Bono-Geldof Coin - A coin, 100% of which is donated to foundations operated by Bob Geldof & Bono, under the instruction that 97% of coins should be used to create stomach-churning commercials staring smug celebrities revealing in their own grace.
For new coins, I am thinking of anything that is currently achieved through donations and volunteering - things which are important, and often encourage freedom, but are not as established as they could be due to the nature of volunteering and donating.
Would be interested to hear expansions and other ideas for new coins, particularly those that have some purpose beyond transactions.
I'm expecting it to be brought up, so, yes, there would have to be a method of validating transaction and for some coins fluctuation diff. I don't think this needs to be discussed here though.
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