REQUEST: Requirements for new ALT Coins.

[Warning__3]

But who would be going through all the new coins?

[aleix]

But who would be going through all the new coins?

I think we need 100 people asking the same questions every new currency is released

[jimhsu]

For IPOs - requirement for source or working client demo. Screenshots are doctored far too easily. Most coins though don't even go that far.

[jorneyflair]

I guess we shouldn't bee too strict (free market, etc ...), but it would be nice to have some minimal requirements for common PoW coins:

1. Having the source code, ideally on a git repo.
2. Having some stable initial node (specified in the code), so no gimmicks with .conf files are necessary to start the coin.
3. Having key parameters (block reward, retarget, type of PoW algo, possibly size of premine.... ) specified in the announcment.

And ideally have at least some of the following;
* a pool
* windows wallet
* some service(s) - faucet, block explorer, shop, gaming site, whatever ...

For at least somewhat new/innovative coins (that brings at least one new algorithm somewhere inside) perhaps require only first point (having source).

+1
4. premined less than 0.3%

[jorneyflair]

I guess we shouldn't bee too strict (free market, etc ...), but it would be nice to have some minimal requirements for common PoW coins:

1. Having the source code, ideally on a git repo.
2. Having some stable initial node (specified in the code), so no gimmicks with .conf files are necessary to start the coin.
3. Having key parameters (block reward, retarget, type of PoW algo, possibly size of premine.... ) specified in the announcment.

And ideally have at least some of the following;
* a pool
* windows wallet
* some service(s) - faucet, block explorer, shop, gaming site, whatever ...

For at least somewhat new/innovative coins (that brings at least one new algorithm somewhere inside) perhaps require only first point (having source).

+1
4. premined less than 0.1%

[BadBear]

I don't think it would be fair to impose this on altcoins. It's a free market, after all.

However, I wouldn't be against a new subforum being made for coins that cut it above the rest. Weekly votes could determine which coins make it in or out. So the main announcements subforum could be a sort of free for all, but only the best coins would make it into the new subforum.

Voting wouldn't work, they'd just buy their way in, like they do now with the exchanges.

[NodeSeperator]

I believe everyone should be release hit own coin (shit or not). Nobody forces you too use doge or any other coin, so just don't use it. A overview would be nice, but it is sad to see that some coins don't even try ... just slap some lame logo on it, forget to change the about screen, compile and go! So.. Lame; But people don't seem to care and continue to mine anyway.

Get some standards for .... sake.

[NodeSeperator]

+1
4. premined less than 0.1%

My coin wil be 10 million billion.. Don't worry premine is 0.1%

[RealDon]

I think it's a good idea, but at the same time, it goes against the nature of the forum and decentralized currencies.

[surfer43]

I guess we shouldn't bee too strict (free market, etc ...), but it would be nice to have some minimal requirements for common PoW coins:

1. Having the source code, ideally on a git repo.
2. Having some stable initial node (specified in the code), so no gimmicks with .conf files are necessary to start the coin.
3. Having key parameters (block reward, retarget, type of PoW algo, possibly size of premine.... ) specified in the announcment.

And ideally have at least some of the following;
* a pool
* windows wallet
* some service(s) - faucet, block explorer, shop, gaming site, whatever ...

For at least somewhat new/innovative coins (that brings at least one new algorithm somewhere inside) perhaps require only first point (having source).

+1
4. premined less than 0.1%

premine + genesis less than 0.1%

[Chris001]

This idea goes against what cryptos are all about, let the market sort it out, and it is

[singula]

premine + genesis less than 0.1%

If the coin supply is infinite (for example if the block rewards are not decreasing), then any amount of premined coins can be seen as "less than 0.1%" (10 trillion coins is nothing compared to the truly infinite supply of my HugePremineCoin!).

Imposing any hard rules will just lead some people only to doctor the numbers so they'll past the criteria, but still do what they wanted originally (like having more coins in their premine pile that one year worth of total coin mining output combined)

[DaMoonIsDaFuture]

If there where requirements, DOGE would never have happened, and that was fun.

If there where requirements, some gay fish rapper would not have had nightmares and sleepless nights because of a... Coin. And that is priceless.

The coins will regulate themselfs.

[Invoker]

1. NOT premined!!!
2. POS coin with 2% inflation per year (max) It could be higher first year, months
3. POW at the beginning for 3 months at least, but not very long, othervise people get bored
4. New algo (ASIC proof) suitable for summer (keccak...)
Well that should be all
And honest developers

[Invoker]

5. let me know about your release after  

I hope it will be soon, can't wait for that moment.

[Chris001]

Not a good idea