del

[myself]

del

[ElectricMucus]

*grabs popcorn*

[wallet.dat]

*groan*

[Raoul Duke]

4) remove the 21 000  000 limit so there can be a unlimited number of coins

The 21million limit is only imposed by the rewards distribution over time, so, if point 2) is satisfied it will automatically satisfy point 4)

[dree12]

4) remove the 21 000  000 limit so there can be a unlimited number of coins

The 21million limit is only imposed by the rewards distribution over time, so, if point 2) is satisfied it will automatically satisfy point 4)

Not actually true. The code assumes 21 million in many places, not literally that I know of, but this limitation plagued IxCoin in that it would crash in 2015. A second limitation is bitcoin networking can only handle 64-bit integers, so this idea would break in 2.1 trillion years. Wishful thinking, I know .

[Raoul Duke]

Not actually true. The code assumes 21 million in many places, not literally that I know of, but this limitation plagued IxCoin in that it would crash in 2015. A second limitation is bitcoin networking can only handle 64-bit integers, so this idea would break in 2.1 trillion years. Wishful thinking, I know .

The code assumes 21 million as the maximum number of coins in a single transaction, not as maximum number of coins. Or at least that was what the developers said in some other thread.

Maybe one of them will chime in to aknowledge it.

[dree12]

Not actually true. The code assumes 21 million in many places, not literally that I know of, but this limitation plagued IxCoin in that it would crash in 2015. A second limitation is bitcoin networking can only handle 64-bit integers, so this idea would break in 2.1 trillion years. Wishful thinking, I know .

The code assumes 21 million as the maximum number of coins in a single transaction, not as maximum number of coins. Or at least that was what the developers said in some other thread.

Maybe one of them will chime in to aknowledge it.

21 million = 21 trillion eurocoins since the decimal point is shifted 6 squares, which will be reached in 240 million years, after that when someone can break it if he controls most of the money. Much later, in 2.1 trillion years, the entire system will cease to function.

[shotgun]

Not actually true. The code assumes 21 million in many places, not literally that I know of, but this limitation plagued IxCoin in that it would crash in 2015. A second limitation is bitcoin networking can only handle 64-bit integers, so this idea would break in 2.1 trillion years. Wishful thinking, I know .

The code assumes 21 million as the maximum number of coins in a single transaction, not as maximum number of coins. Or at least that was what the developers said in some other thread.

Maybe one of them will chime in to aknowledge it.

21 million = 21 trillion eurocoins since the decimal point is shifted 6 squares, which will be reached in 240 million years, after that when someone can break it if he controls most of the money. Much later, in 2.1 trillion years, the entire system will cease to function.

Sounds totally awesome. We should all ditch our BTC in favor of this superior alternate digital currency.

[JohnDoe]

Not actually true. The code assumes 21 million in many places, not literally that I know of, but this limitation plagued IxCoin in that it would crash in 2015. A second limitation is bitcoin networking can only handle 64-bit integers, so this idea would break in 2.1 trillion years. Wishful thinking, I know .

64-bit means that the maximum possible integer that can be represented is 2^64 right?

[TripHammer]

does that mean someone has to come up with a USBTC so that the eurocoin has something to follow...

[dree12]

Not actually true. The code assumes 21 million in many places, not literally that I know of, but this limitation plagued IxCoin in that it would crash in 2015. A second limitation is bitcoin networking can only handle 64-bit integers, so this idea would break in 2.1 trillion years. Wishful thinking, I know .

64-bit means that the maximum possible integer that can be represented is 2^64 right?

uint64, yes. 2^64-1 to be precise (since it's basically 11111....11111).

[ElectricMucus]

hahaha   

[dayfall]

Here is an idea, don't have any decimal places less than 1.  Give 10000 ...uh.. Forevercoins per block.

And for the love of all that is holy, DON'T start at difficulty 1.

[joulesbeef]

list of things to be change from the bitcoin design
1) remove the 8 decimal thing and leave only 2
2) pay 1 coin per block instead  of 50 and the reward should remain 1 until the end of time
3) get 10 block per hour
4) remove the 21 000  000 limit so there can be a unlimited number of coins

what?


and what happens if they shoot up to 1000 per coin.. everyone has to sell in ten dollar increments?  and I guess fees cant be less than 1% liek they are on bitparking.

1 coin per block? and 10 total coins per hour mined? ... soooooooooooo 87,600 coins mined a year.. a year???.. 240 coins a day.. wow you really dont want any exchanges to have any volume for a long long long long long time.

[joulesbeef]

doubt bitcoin will last 1000 before being replaced.

coins get lost..but will slow down after value rises.


Interesting ideas but mining and growth seem a bit slow.

[dree12]

21 million = 21 trillion

you mean billions

is

millions 6x0
milliard 9x0
billions 12x0
trillions 15x0

I'm not from England, sorry. I use trillions = 10^12, not 10^18. (and your trillions is incorrect, BTW)

[Crs]

oh no, not another wannabe chain...

[jackjack]

Brilliant! Wannabecoin

I'll put that in the genesis block:

oh no, not another wannabe chain...

[goodlord666]

"eurocoins" wtf