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ProtoShares Cheat Sheet
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Topic: ProtoShares Cheat Sheet (Read 9346 times)
bytemaster
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fractally
Re: ProtoShares Cheat Sheet
November 04, 2013, 11:28:27 PM
#21
Quote from: iGotSpots on November 04, 2013, 10:55:08 PM
Advertising a 750k market cap in under 2 months is quite the claim
Well, the money supply increases rapidly, so I would suspect that present shares factor in the creation of future shares.
So suppose they sell for $1 per ProtoShare today... that would imply about a 750K market cap... we shall see what people are willing to pay for them
https://fractally.com
- the next generation of decentralized autonomous organizations (DAOs).
albon
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Re: ProtoShares Cheat Sheet
November 05, 2013, 12:07:23 AM
#22
I really wish this coin was started at a better time.
08:08 I am on my way to work so no chance of dl it
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bytemaster
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fractally
⇾
Re: ProtoShares Cheat Sheet
November 05, 2013, 12:48:47 AM
#23
Quote from: albon on November 05, 2013, 12:07:23 AM
I really wish this coin was started at a better time.
08:08 I am on my way to work so no chance of dl it
For whom... it is 3AM for me
https://fractally.com
- the next generation of decentralized autonomous organizations (DAOs).
tacotime
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Activity: 1484
Merit: 1005
Re: ProtoShares Cheat Sheet
November 05, 2013, 12:51:26 AM
#24
Quote from: bytemaster on November 04, 2013, 11:28:27 PM
Quote from: iGotSpots on November 04, 2013, 10:55:08 PM
Advertising a 750k market cap in under 2 months is quite the claim
Well, the money supply increases rapidly, so I would suspect that present shares factor in the creation of future shares.
So suppose they sell for $1 per ProtoShare today... that would imply about a 750K market cap... we shall see what people are willing to pay for them
Uh.. you're using this as the distribution scheme? It's just going to get destroyed by botnets and server farms like YAC/etc did, and with the reward algorithm being the way it is it'll be hard to sell this distribution to people later.
Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
bytemaster
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Offline
Activity: 770
Merit: 568
fractally
Re: ProtoShares Cheat Sheet
November 05, 2013, 01:00:58 AM
#25
Quote from: tacotime on November 05, 2013, 12:51:26 AM
Quote from: bytemaster on November 04, 2013, 11:28:27 PM
Quote from: iGotSpots on November 04, 2013, 10:55:08 PM
Advertising a 750k market cap in under 2 months is quite the claim
Well, the money supply increases rapidly, so I would suspect that present shares factor in the creation of future shares.
So suppose they sell for $1 per ProtoShare today... that would imply about a 750K market cap... we shall see what people are willing to pay for them
Uh.. you're using this as the distribution scheme? It's just going to get destroyed by botnets and server farms like YAC/etc did, and with the reward algorithm being the way it is it'll be hard to sell this distribution to people later.
This coin has a useful life of about 1 year... after which other coins will be derived from it. I suspect BitShares will be out in 6 months and that will have a linear decay over 12 years. Besides, this is a good trial run for the proof of work and I can also see how botnets handle it.
https://fractally.com
- the next generation of decentralized autonomous organizations (DAOs).
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