(4) Design and issue your own cryptocurrency
Create a tradeable digital token that can be used as a currency, a representation of an asset, a virtual share, a proof of membership or anything at all. These tokens use a standard coin API, so your contract will be automatically compatible with any wallet, other contract or exchange also using this standard.
The total amount of tokens in circulation can be set to a simple fixed amount, or fluctuate based on any programmed ruleset.
I guess we don't have enough altcoins. Now everyone can have their own! FLOOD THE MARKETS! Let's make sure that crypto is so unbelievably flooded that it's just going to be one giant cluster and then Big Brother can step in and ban the shit out of them and then make us use their Crypto cause all the other ones have been diluted to shit with algo switches, merged mining and whatever the hell else.
600 + altcoins with at least 52 scamcoins listed on coinmarketcap but let's build a cryptocurrency that lets you build a cryptocurrency ontop of the cryptocurrency.
Not mineable cryptocurrency's are garbage.
Most premined cryptocurrency's are garbage.
All this IPO garbage is more....garbage.
Why don't we just piggy back all the altcoins INTO ETH so that we can just have one giant, centralized umbrella running all of our decentralized coins.
The cryptoworld is getting... laughable. All these amazing, great and innovative ideas that are supposed to revolutionize an already revolutionized concept. However; instead of building on the concept, let's just fork the shit out of everything.
How many altcoins do we need? Over 9,000? 10,000? 10,000,000?
It seems to me that all the people who missed the Bitcoin Gravy Train are trying to just create their own gravy train. Have many of these amazing developers tried to develop for bitcoin? Did the Bitcoin Foundation turn you down so you had no choice?
Also; as for developers getting paid -- You guys are creating (or at least trying to create) a currency and then saying you deserve to get paid for your hard work through our support but yet I don't really see a thread that begs for developers to crap out a new altcoin every week. Pretty sure we have plenty of currency floating around.
And if Bitcoin has "problems" that should be "fixed" why not fix the problems that Bitcoin has instead of making an entirely new currency?
It makes me think in 5 years I go to buy a starbucks coffee and i'm cycling through my smartphone for the 7000 crypto wallets I have to find the one they accept as payments.
(Some sarcasm was implied here -- However; in my defense, taken directly from CoinMarketCap: 617 Currencies / 53 Assets / 1956 Markets)
617 currencies is pretty freakin sarcastic.
Are there even 617 fiat currencies in existence? If there aren't, 617 crypto currencies is a clear indication of straight up sarcasm and dilution.
Concept is nice... dilution isn't.
