Goldcoins-------------
1) Set existing limit of 100K(Prevents Huge supplies and lowering of price if demand remains same)
2) Once fully distributed out, miners then mine off others transactions
3) Set block rate of 100
4) Difficulty adjustment of per 2 hours
5) Difficulty adjustments increase a maximum of 100% per 2 hours
This above difficulty adjustments will help to spread it to the rest
6) Difficulty drops of 10% is maximum( Helps to not have few people get such large amounts, rather helps to distribute more evenly)
7) Early miners will be setting the price, like 5K for 0.1btc could be a starting price; and then 10 different people
may buy 500 each, and those may spread 500 into another 10 people, etc. (This will help to spread it to everyone; and anyone can buy it,
so if mining stops, there is always some on the market to grab, and this will be a trading currency.
Aimed at the goal of having no supply increases, but keeping 100K existing forever, and no more.
Bitcoin flaw is a continuing supply increase amount for years to come; resulting in inflation, and devaluation of currency. Goldcoin helps to spread in a quick time, and eliminate flaws.)
Natural trading through markets, will eventually spread it to the rest,
and a scarce amount of 100K, and a unique design, should make many
interested in this concept. No Centralization planed like solidcoin.
Meant to fully support the idea of it.
If someone truly spend the time this thing could be promoted.
And If a large amount of people lets say millions if achieved one day
wanted this, we could always deal with MGC, milliGoldcoins.
1 MGC= 0.0001 GC
Set up ----------
1) Make logos (Gold->Stable->Value)
2) Make Graphs pointing Bitcoin price crash to increasing supply
3) Promotion of client, logos, its own site. (Example:
www.goldcoins.org)
4) Spread the word
The idea master of this is me. If someone wishes to build upon this and actually wants to promote this; you may use it if i receive a donation tab, on all clients, exchanges, and a 0.1% fee per block towards the idea master. (This is way less then Solidcoin 5% fees){0.001% fee is upon transactions once all 100K is given out}
