HELP NEEDED TO CREATE AN CRYPTOCURRENCY

[pinnpe]

Hi everybody has a cryptocurrency nowadays, so why don't I add another one?

I need your help to create it.

Specs:
Total Coins: 21,000,000
Block Times: 15 Seconds
Confirmations Mined Blocks: 50
Transaction Conformations: 5
Transactionfee 0.10
PURE PROOF OF STAKE

[boomerjackson]

How would this be any different than one of the many alt coins on the market now?

[pinnpe]

I will give it my personal touch

It would be the second crypto with PURE PROOF OF STAKE
But there is more

[markm]

What pure proof of stake algorithm / procedure will you use?

Please link to the whitepaper detailing how it works.

-MarkM-

[boomerjackson]

Hi everybody has a cryptocurrency nowadays, so why don't I add another one?

I need your help to create it.

Specs:
Total Coins: 21,000,000
Block Times: 15 Seconds
Confirmations Mined Blocks: 50
Transaction Conformations: 5
Transactionfee 0.10
PURE PROOF OF STAKE

I will help with design/ marketing/ promotion if you can gather some more info and if this isn't just simply another pump and dump coin.

[bosian]

lol. Pure PoS, how to do initially distribute the coins? Only by premine?

You need to have some PoW blocks so people can mine them initially, then by holding the mined coins they will generate the PoS blocks. Without initial distribution, the PoS can not be generated from the thin air.

Do you understand what proof of stake means? You need the stake 1st

[TradeAnalyst]

I will give you a name for it

UnitedCreditCoin  UCC

why because with your new coin you will able to have some credit ....

Regards

Richard

[nocoin]

PURE PROOF OF STAKE

I need your help to create it.

Yea, sure...
NO.

[pinnpe]

boomerjackson
This is not a pump and dump, this is for the long run
Help with design will be fine.

[TradeAnalyst]

a long run coin ........... call it LongRunCoin  LRC ! 

[zero9119]

oh look, another pump and dump coin

[pinnpe]

Thanks for the names TradeAnalyst

[markm]

No one is going to be able to code your pure proof of stake if you refuse to explain how it works.

-MarkM-

[d0d0]

No one is going to be able to code your pure proof of stake if you refuse to explain how it works.

-MarkM-

  +1

[pinnpe]

Hi MarkM,

It would work like:
http://www.nxtcrypto.org/

[markm]

So you are looking to hire someone to clone NXT once NXT source code is released?

What is the 50 blocks thing about then?

-MarkM-

[pinnpe]

No I don't want to clone NXT, because I get the strange feeling
that it's code is not as solid as Bitcoin's.

I was thinking more about Novacoin
but with transaction fees for miners
4 MB usage of memory like: Yacoin
and a decentralized system

[markm]

Well whatever, once you get the details figured out put them in the whitepaper then coders etc will know what it is you want and be able to provide quotes on how much it is going to cost you to get it made for you.

-MarkM-