Bitcoin Forum
May 07, 2024, 04:38:52 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: New Coin Idea - Lucky Coin  (Read 636 times)
virtualdn (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1093


View Profile
January 15, 2014, 05:14:09 PM
 #1

I don't know how to program this but this is how it works:

1. it doesn't matter how powerful your computer/mining rig is, even a poor computer can do it

2. everyone mining has the same chances as the others, no more investments in hardware

3. coins are earned (in different random amounts) only by pure luck, just leave your computer mining!

1 BTC = 1 BTC
1715056732
Hero Member
*
Offline Offline

Posts: 1715056732

View Profile Personal Message (Offline)

Ignore
1715056732
Reply with quote  #2

1715056732
Report to moderator
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
virtualdn (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1093


View Profile
January 15, 2014, 11:33:57 PM
 #2

no feedback pls?

1 BTC = 1 BTC
BrewCrewFan
Hero Member
*****
Offline Offline

Activity: 672
Merit: 501



View Profile
January 15, 2014, 11:34:58 PM
 #3

I don't know how to program this but this is how it works:

1. it doesn't matter how powerful your computer/mining rig is, even a poor computer can do it

2. everyone mining has the same chances as the others, no more investments in hardware

3. coins are earned (in different random amounts) only by pure luck, just leave your computer mining!
already a lucky coin.

Free SIGNs giving everyday. Be part, do not miss!.
SqMe5ceYfdcGsRyVpgvpYb6bRLS9j8omvB

XChat : Addy : XYuZESQpeMtZ2wit8nVVnXKGytfiaTBCo6 PubKey : eteshLzeq8Bh54BRjGSunMTc6Ytxtk7HYaSmDYMQn61z
stompix
Legendary
*
Offline Offline

Activity: 2884
Merit: 6304


Blackjack.fun


View Profile
January 15, 2014, 11:35:22 PM
 #4

no feedback pls?

Probably because of this:
https://bitcointalk.org/index.php?topic=214614.0

There is already a lucky coin on the market which already has that random or lucky reward implemented.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
tk808
Legendary
*
Offline Offline

Activity: 1512
Merit: 1124


Invest in your knowledge


View Profile
January 15, 2014, 11:36:25 PM
 #5

All the shitcoin names are becoming scarce
virtualdn (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1093


View Profile
January 15, 2014, 11:54:07 PM
 #6

I don't know how to program this but this is how it works:

1. it doesn't matter how powerful your computer/mining rig is, even a poor computer can do it

2. everyone mining has the same chances as the others, no more investments in hardware

3. coins are earned (in different random amounts) only by pure luck, just leave your computer mining!
already a lucky coin.

it may be but im talking about a coin accessible to everyone, not for mining rigs

1 BTC = 1 BTC
porcupine87
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


hm


View Profile
January 15, 2014, 11:57:10 PM
 #7

I don't know how to program this but this is how it works:

1. it doesn't matter how powerful your computer/mining rig is, even a poor computer can do it

2. everyone mining has the same chances as the others, no more investments in hardware

3. coins are earned (in different random amounts) only by pure luck, just leave your computer mining!
already a lucky coin.

it may be but im talking about a coin accessible to everyone, not for mining rigs

So you have nothing. Just a vage idea? Hey, there should be a coin that can cure diseases. I don't know why but this sould be a good idea ( and yes, I know^^).

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
virtualdn (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1093


View Profile
January 15, 2014, 11:58:17 PM
 #8

^^ i already said i dont know how to program it... never mind.

1 BTC = 1 BTC
theomoplatapus
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250



View Profile
January 16, 2014, 12:03:08 AM
 #9

What constitutes a "computer"?  Can I run multiple "computers" on my machine?  Can I install a trojan virus and distribute it among people so that their computers mine for me?

#Bitcoin
jongameson
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
January 16, 2014, 12:08:40 AM
 #10

i'll buy eight

(just kidding it's a joke)
porcupine87
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


hm


View Profile
January 16, 2014, 12:10:17 AM
 #11

^^ i already said i dont know how to program it... never mind.

You don't need to be a programmer to create a concept. The proof of work of all the coins is not here to make some rich guys richer. They just sacrifice something scarce. And this is mining power. Because with an anonym decentraliced network, there is not democratic election possible (everybody could make up gazillions of identities). But mining power you cannot just make up and everybody sees that somebody is sacrifice his mining power.

But let's just pretent, every person with a shitty computer has the same chance and one vote. Forget about the problem, that one person could just pretent to be 100000 and gets 100000 chances. So we assume 10mio. people participate. We have one block every minute. So everybody will get one block every 20 years. Great! And what is so good about that?

When people here make a CPU and tell you, everybody can mine, because it is a CPU, they just lie. You can mine Bitcoin with a CPU, too. You don't need a specialized hardware to mine it. But you are just slowier than with bigger hardware. So will your 2core i3 have no chance against some 72 core monster. And when many 1000 people participate, you will not get many blocks.

Greetings Wink

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!