[ANN] MarieCurieCoin, all-in-one altcoin (MCC)

[bananenplukker]

In my opnion, the only thing that makes a coin legitimate is if it has use or not. This is what any coin should focus on. Mainstream doesn't care about innovation, mainstream doesn't care about pre-mines.
They don't understand, all they want is something they can use to make or save money.

Here's another contribution of mine ; make the name of short. Pronounceable. Try saying "MarieCurieCoin" a few times in a row. Do you think it'll catch on ?

Thank you for your reply! Use is definitely not a problem. We will make sure a pool and a website will be ready by launch. Also, an online casino to use your coins. Shortly after that it should go to an exchange like cryptsy, where people can use it to make money. Yes, MarieCurieCoin is a long name, but it isn't called MCC for nothing. MCC sounds short and smooth.

[Joerii]

I agree with above points, except that for most coins to become mainstream, they first must have appeal to the people who know what they want to mine. Ofcourse there were some exceptions to that.

I think that if you want a coin to be a succes you should focus on consumers, not miners. Miners don't add much value ( put money into it ). If people buy a few hundred dollars of your coin because they have a real life use for it.... isn't that 100x more diserable ?

[eule]

Hmm imo miners are the first potential customers, some wanting to dump, some wanting to buy more. Ofcourse if there is some über-service available right from the start that service might attract other casual customers, but we have yet to see a coin start with such an über-service (think exchange, market place etc.).

[bananenplukker]

Yes, and that is why we hope to combine the strong points of other altcoins to make a coin where there are people actually interested in mining and trading, not just pump-and-dump.

[Badkamer]

I agree with above points, except that for most coins to become mainstream, they first must have appeal to the people who know what they want to mine. Ofcourse there were some exceptions to that.

I think that if you want a coin to be a succes you should focus on consumers, not miners. Miners don't add much value ( put money into it ). If people buy a few hundred dollars of your coin because they have a real life use for it.... isn't that 100x more diserable ?

Very true. Consumers are what increase the value of a coin. But you need it to be popular first, and that's what miners do. They turn a coin into a popular coin.

MCC is also MC², short. Which perhaps can be referred to as E, to keep it even shorter. (E = MC²)
Just a random idea.

[Joerii]

MCC is also MC², short. Which perhaps can be referred to as E, to keep it even shorter. (E = MC²)
Just a random idea.

Oh, you mean NetCoin ? You might want to read up a little bit on this forum

[Badkamer]

MCC is also MC², short. Which perhaps can be referred to as E, to keep it even shorter. (E = MC²)
Just a random idea.

Oh, you mean NetCoin ? You might want to read up a little bit on this forum

There is a difference between MC2 and E=MC²

Oh well. Lets talk about something else than the name, MCC is short enough. We need help with other things.
Is there anyone here well aware how to create a pool/website for the pool?

[Joerii]

MCC is also MC², short. Which perhaps can be referred to as E, to keep it even shorter. (E = MC²)
Just a random idea.

Oh, you mean NetCoin ? You might want to read up a little bit on this forum

There is a difference between MC2 and E=MC²

Oh well. Lets talk about something else than the name, MCC is short enough. We need help with other things.
Is there anyone here well aware how to create a pool/website for the pool?

Well, calling other coins "scams" right of the bat may not be the smartest way to make friends or come across as a professional

That being said... I know some people who might start up a pool for you, and I also know people who might put your coin on PhenixEx the moment it launches, or at a time of your choosing.

[worldinacoin]

We do not want MarieCurieCoin I rather have Einstein Coin

[Badkamer]

Well, calling other coins "scams" right of the bat may not be the smartest way to make friends or come across as a professional

You're right. Sorry about that, I've edited my choice of words. It wasn't my intention to assault anyone or any coin. I simply tried to state that we are trying to be unique with this coin.
My apologies.

That being said... I know some people who might start up a pool for you, and I also know people who might put your coin on PhenixEx the moment it launches, or at a time of your choosing.

That would be great! It certainly would help out a lot.

We do not want MarieCurieCoin I rather have Einstein Coin

The story behing Marie Curie is much more inspiring.

[Joerii]

Ok, just shoot me a PM when you need a pool or when you think Marie is ready to be traded on an exchange

[Lauda]

We do not want MarieCurieCoin I rather have Einstein Coin

This is better. I for one don't even care about her investions or her past, but that's just me.
Einstein was l33t.

[Badkamer]

Ok, just shoot me a PM when you need a pool or when you think Marie is ready to be traded on an exchange

Will definitly do!

[Metatron]

I respect the name choice as I completely understand your thinking and intentions, but having a person's name as the name of a coin is a bit unappealing (at least for me) and could be open for various interpretations as everyone has different points of view. In fact there's already a post about 'radiation' and even I when I read the name thought that this might be some radiating coin that has some features that reflect this. But as you said, you named it like that for her achievements and hard work...

I'd rather go for an adjective or something symbolic as a name for the coin that portrays Marie Curi's achievements and your line of thought - might be more catchy and acceptable. Although as you both said, MCC is quite good.

Now, apart from the name, I think these are a couple of points that you should consider:

• do not offer instant bounties for pools - I don't know how many coins failed because pool owners took the bounty to create the first few pools and then jumped on the next coin, taking down the previous pool just to take again the bounties. If you offer bounties make them 'per month running' and not all at one go at the creation time;
• I'm not favorable to the idea of always increasing difficulty. Many on here are armed to the teeth with pro mining rigs and can kick the difficult high quite fast. This would deter small-hash miners to keep supporting the network in the long run and would definitely be unattractive to newbies joining the crypto-world to support it too, as most also would have small-hash power.
  

For now this is what I think should be considered, along with the good points many have already mentioned in this thread.

Thanks though for trying to innovate and listening to the community. 

[Adamlm]

It doesn't represent the idea? Lol. Look at most coins names..
I personally wouldn't buy any coin named MarieCurieCoin. No offense.
The name is also a bit too long.  

Sorry guys, also no offernse, but I just couldn't resist...    
There is a quite popular meme in Poland which makes this name really funny

[bananenplukker]

I respect the name choice as I completely understand your thinking and intentions, but having a person's name as the name of a coin is a bit unappealing (at least for me) and could be open for various interpretations as everyone has different points of view. In fact there's already a post about 'radiation' and even I when I read the name thought that this might be some radiating coin that has some features that reflect this. But as you said, you named it like that for her achievements and hard work...

I'd rather go for an adjective or something symbolic as a name for the coin that portrays Marie Curi's achievements and your line of thought - might be more catchy and acceptable. Although as you both said, MCC is quite good.

Now, apart from the name, I think these are a couple of points that you should consider:

• do not offer instant bounties for pools - I don't know how many coins failed because pool owners took the bounty to create the first few pools and then jumped on the next coin, taking down the previous pool just to take again the bounties. If you offer bounties make them 'per month running' and not all at one go at the creation time;
• I'm not favorable to the idea of always increasing difficulty. Many on here are armed to the teeth with pro mining rigs and can kick the difficult high quite fast. This would deter small-hash miners to keep supporting the network in the long run and would definitely be unattractive to newbies joining the crypto-world to support it too, as most also would have small-hash power.
  

For now this is what I think should be considered, along with the good points many have already mentioned in this thread.

Thanks though for trying to innovate and listening to the community. 

Thanks for your well-thought and supporting comment! I understand MarieCurieCoin may lead to speech problems, but I still think MCC solves this problem and sounds rather nice. If someone has a suggestion as to a better name, feel free to comment. Try to be constructive, like many have done before you in this thread, to avoid the "I don't like the name" comments. Also, thanks for your tips regarding the pool. If possible, I'll try to host a pool myself, but I"ll need to look into that.

Furthermore, what alternative are you thinking of regarding difficulty? Decreasing reward? To promote the coin's value, I think it is important to make it more scarce, i.e. :making it more difficult to acquire 1 coin. How do you think a set difficulty is going to work out.

Many, many thanks for your constructive comment and time!

[Metatron]

I respect the name choice as I completely understand your thinking and intentions, but having a person's name as the name of a coin is a bit unappealing (at least for me) and could be open for various interpretations as everyone has different points of view. In fact there's already a post about 'radiation' and even I when I read the name thought that this might be some radiating coin that has some features that reflect this. But as you said, you named it like that for her achievements and hard work...

I'd rather go for an adjective or something symbolic as a name for the coin that portrays Marie Curi's achievements and your line of thought - might be more catchy and acceptable. Although as you both said, MCC is quite good.

Now, apart from the name, I think these are a couple of points that you should consider:

• do not offer instant bounties for pools - I don't know how many coins failed because pool owners took the bounty to create the first few pools and then jumped on the next coin, taking down the previous pool just to take again the bounties. If you offer bounties make them 'per month running' and not all at one go at the creation time;
• I'm not favorable to the idea of always increasing difficulty. Many on here are armed to the teeth with pro mining rigs and can kick the difficult high quite fast. This would deter small-hash miners to keep supporting the network in the long run and would definitely be unattractive to newbies joining the crypto-world to support it too, as most also would have small-hash power.
  

For now this is what I think should be considered, along with the good points many have already mentioned in this thread.

Thanks though for trying to innovate and listening to the community. 

Thanks for your well-thought and supporting comment! I understand MarieCurieCoin may lead to speech problems, but I still think MCC solves this problem and sounds rather nice. If someone has a suggestion as to a better name, feel free to comment. Try to be constructive, like many have done before you in this thread, to avoid the "I don't like the name" comments. Also, thanks for your tips regarding the pool. If possible, I'll try to host a pool myself, but I"ll need to look into that.

Furthermore, what alternative are you thinking of regarding difficulty? Decreasing reward? To promote the coin's value, I think it is important to make it more scarce, i.e. :making it more difficult to acquire 1 coin. How do you think a set difficulty is going to work out.

Many, many thanks for your constructive comment and time!

I'm no expert in the nitty gritty of these difficulty algos, but I hate it when there is a new coin and big miners jump on it to mine when the difficulty is still very low and then after a few acquired millions they leave to pump-and-dump their coins leaving the real supporters of the coin facing high difficulty! 
I think that difficulty retargeting (or balancing) should be incorporated so when the big hashers leave, the difficulty level will balance itself with the remaining hashes - kind of 'supply-demand' ideology. What I mean is that if there is high hashrate = high difficulty; if small hash rate = lower difficulty. IMO this is a needed component for the longevity of the coin to remain in existence.

Now as for the value of the coin, if we look at the real world examples, there's no fiat currency that has its value based on its scarcity (as far as I know). Yes there are other things like diamonds, gold etc. that their value is based on that, but in this case I'm treating 'the coin' as the main currency. So the value of the coin has to come from 'the need to be used'. This you are already taking care of as you mentioned many service where it can be used. One important service is an exchange, although I personally do not agree with the exchange of crypto-currencies to fiat-currencies as it completely defeats the purpose of cryptography, as once it's translated into a fiat currency it becomes traceable  now that's my opinion and a completely different argument. But it seems that the community wants this and so it be...

One thing I haven't seen in the announcement is the total amount of coins. Do you have an idea how much you're going to make it?
I might be dumb as I cannot understand why devs make hard caps and limits for their coins. Is every coin designed for a few number of years only? Why is this? No one envisage their coin being used 20, 50 years from now? Many might argue that it is so because Bitcoin is like that... right, but was bitcoin designed to be an 'eternal' currency or was it an experimental idea that a genius (or a group) came out with and wanted to see if it is possible or not, so it was coded with a cap for that reason? I don't know of any fiat-currency designed for 5 years only for example and thus, coins should be modeled or successful real world fiat-currencies (without the bureaucracy of banks which is taken care by the network and blockchain) ... And I'd like to see what happens when most coins reach their caps and they might become useless and just history... I might be wrong, but as I said, I just can't understand this point.
Anyway, I'm mentioning this so you might research a bit on these ideas / questions and see if there is any way you can increase the longevity of the coin. Maybe this coin can be unique as I'll be able to pass down to my children and they to theirs 

[bananenplukker]

I respect the name choice as I completely understand your thinking and intentions, but having a person's name as the name of a coin is a bit unappealing (at least for me) and could be open for various interpretations as everyone has different points of view. In fact there's already a post about 'radiation' and even I when I read the name thought that this might be some radiating coin that has some features that reflect this. But as you said, you named it like that for her achievements and hard work...

I'd rather go for an adjective or something symbolic as a name for the coin that portrays Marie Curi's achievements and your line of thought - might be more catchy and acceptable. Although as you both said, MCC is quite good.

Now, apart from the name, I think these are a couple of points that you should consider:

• do not offer instant bounties for pools - I don't know how many coins failed because pool owners took the bounty to create the first few pools and then jumped on the next coin, taking down the previous pool just to take again the bounties. If you offer bounties make them 'per month running' and not all at one go at the creation time;
• I'm not favorable to the idea of always increasing difficulty. Many on here are armed to the teeth with pro mining rigs and can kick the difficult high quite fast. This would deter small-hash miners to keep supporting the network in the long run and would definitely be unattractive to newbies joining the crypto-world to support it too, as most also would have small-hash power.
  

For now this is what I think should be considered, along with the good points many have already mentioned in this thread.

Thanks though for trying to innovate and listening to the community. 

Thanks for your well-thought and supporting comment! I understand MarieCurieCoin may lead to speech problems, but I still think MCC solves this problem and sounds rather nice. If someone has a suggestion as to a better name, feel free to comment. Try to be constructive, like many have done before you in this thread, to avoid the "I don't like the name" comments. Also, thanks for your tips regarding the pool. If possible, I'll try to host a pool myself, but I"ll need to look into that.

Furthermore, what alternative are you thinking of regarding difficulty? Decreasing reward? To promote the coin's value, I think it is important to make it more scarce, i.e. :making it more difficult to acquire 1 coin. How do you think a set difficulty is going to work out.

Many, many thanks for your constructive comment and time!

I'm no expert in the nitty gritty of these difficulty algos, but I hate it when there is a new coin and big miners jump on it to mine when the difficulty is still very low and then after a few acquired millions they leave to pump-and-dump their coins leaving the real supporters of the coin facing high difficulty! 
I think that difficulty retargeting (or balancing) should be incorporated so when the big hashers leave, the difficulty level will balance itself with the remaining hashes - kind of 'supply-demand' ideology. What I mean is that if there is high hashrate = high difficulty; if small hash rate = lower difficulty. IMO this is a needed component for the longevity of the coin to remain in existence.

Now as for the value of the coin, if we look at the real world examples, there's no fiat currency that has its value based on its scarcity (as far as I know). Yes there are other things like diamonds, gold etc. that their value is based on that, but in this case I'm treating 'the coin' as the main currency. So the value of the coin has to come from 'the need to be used'. This you are already taking care of as you mentioned many service where it can be used. One important service is an exchange, although I personally do not agree with the exchange of crypto-currencies to fiat-currencies as it completely defeats the purpose of cryptography, as once it's translated into a fiat currency it becomes traceable  now that's my opinion and a completely different argument. But it seems that the community wants this and so it be...

One thing I haven't seen in the announcement is the total amount of coins. Do you have an idea how much you're going to make it?
I might be dumb as I cannot understand why devs make hard caps and limits for their coins. Is every coin designed for a few number of years only? Why is this? No one envisage their coin being used 20, 50 years from now? Many might argue that it is so because Bitcoin is like that... right, but was bitcoin designed to be an 'eternal' currency or was it an experimental idea that a genius (or a group) came out with and wanted to see if it is possible or not, so it was coded with a cap for that reason? I don't know of any fiat-currency designed for 5 years only for example and thus, coins should be modeled or successful real world fiat-currencies (without the bureaucracy of banks which is taken care by the network and blockchain) ... And I'd like to see what happens when most coins reach their caps and they might become useless and just history... I might be wrong, but as I said, I just can't understand this point.
Anyway, I'm mentioning this so you might research a bit on these ideas / questions and see if there is any way you can increase the longevity of the coin. Maybe this coin can be unique as I'll be able to pass down to my children and they to theirs 

@ first paragraph, Fast difficulty retargeting makes for quick adjustment. I.e: When the hashrates soars to 1000mh/s, then difficulty quickly rises, when it tumbles, it quickly tumbles as well, so that big hashes can't abuse the difficulty.

@ second paragraph, I don't exactly follow you here. What I meant was that, like bitcoin, the difficulty goes up over time, making one coin more scarce and thus more valuable. Am I missing something?

@ third paragraph. We will be mining a lot of blocks, around 100,000,000. This seems a ridiculous amount, but the block value is really low, so it's not that bad. This way, the coin will last at least a few decades, like bitcoin.

[Badkamer]

I'm no expert in the nitty gritty of these difficulty algos, but I hate it when there is a new coin and big miners jump on it to mine when the difficulty is still very low and then after a few acquired millions they leave to pump-and-dump their coins leaving the real supporters of the coin facing high difficulty! 
I think that difficulty retargeting (or balancing) should be incorporated so when the big hashers leave, the difficulty level will balance itself with the remaining hashes - kind of 'supply-demand' ideology. What I mean is that if there is high hashrate = high difficulty; if small hash rate = lower difficulty. IMO this is a needed component for the longevity of the coin to remain in existence.

Now as for the value of the coin, if we look at the real world examples, there's no fiat currency that has its value based on its scarcity (as far as I know). Yes there are other things like diamonds, gold etc. that their value is based on that, but in this case I'm treating 'the coin' as the main currency. So the value of the coin has to come from 'the need to be used'. This you are already taking care of as you mentioned many service where it can be used. One important service is an exchange, although I personally do not agree with the exchange of crypto-currencies to fiat-currencies as it completely defeats the purpose of cryptography, as once it's translated into a fiat currency it becomes traceable  now that's my opinion and a completely different argument. But it seems that the community wants this and so it be...

One thing I haven't seen in the announcement is the total amount of coins. Do you have an idea how much you're going to make it?
I might be dumb as I cannot understand why devs make hard caps and limits for their coins. Is every coin designed for a few number of years only? Why is this? No one envisage their coin being used 20, 50 years from now? Many might argue that it is so because Bitcoin is like that... right, but was bitcoin designed to be an 'eternal' currency or was it an experimental idea that a genius (or a group) came out with and wanted to see if it is possible or not, so it was coded with a cap for that reason? I don't know of any fiat-currency designed for 5 years only for example and thus, coins should be modeled or successful real world fiat-currencies (without the bureaucracy of banks which is taken care by the network and blockchain) ... And I'd like to see what happens when most coins reach their caps and they might become useless and just history... I might be wrong, but as I said, I just can't understand this point.
Anyway, I'm mentioning this so you might research a bit on these ideas / questions and see if there is any way you can increase the longevity of the coin. Maybe this coin can be unique as I'll be able to pass down to my children and they to theirs 

Thanks again for the great feedback.

We are adjusting to this by making sure the difficulty adjusts every minute.
This way it's very flexible, and the big guys shoudn't ruin it as easily for the small guys.
Also, that's where we want to be different from most coins. Have many features available asap. Casino's, exchanges, and other things we still have to think of.
Good to hear you're agreeing with us on that one.
The total amount of coins shouldn't make that much of a difference. When there are 2 000 000 coins, the value is simple 10x smaller than when we have 20 000 000 coins. So that wouldn't make much differnse.
However, we don't want to many coins because that would make the coin feel invaluable. And not to few as the coin would then not be fun to mine. Also, we're trying to make sure the coin is minable for a long time. at least 6 years should do. When all coins are mined, the coin should be very stable.
We mainly need idea's for ways to use the coin early on. So if you have any, please do tell us.

Thanks for all the great feedback once more, i'll do my best to keep responding as fully as I can.

[NewLiberty]

We do not want MarieCurieCoin I rather have Einstein Coin

For some unsolicited design advice...

Naming things after real people has the problem of the real person (who ate, slept, and maybe even made some mistakes along the way) not being our idealised form of the person.  It is a nice tribute to a worthy individual, but it is a very limiting aspect as well.  It is a tribute.
Like putting Ceasar on the face of a coin, some folks want the coin but don't much care for Ceasar.  It would be the same with any person.  Also with an experiment such as this, we can never be sure that it even lives up to being a worthy tribute.  Making it a tribute does help to keep that focus though...

That is why we have Liberty on our New Liberty Dollars.  It is an ideal, not a persona, so the appeal is more broad.  No one can say that Liberty was bad because she was unfaithful to her husband or something weird. 

Perhaps to get the aspects you honor, you could call it something else (inventcoin, curiousitycoin, bravecoin) and put Curie on the logo?

For all that, I love Marie Curie as well, and hope for your success.