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Bitcoin Oz (OP)
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September 30, 2011, 01:47:17 AM |
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7 million premined coins? LOL Lets create a currency where all the coins are premined in the genesis block and hand them out to people who we like only. If you follow me on twitter or facebook you earn friendcoins  |
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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ArtForz
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September 30, 2011, 01:50:59 AM |
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Weeds.
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bitcoin: 1Fb77Xq5ePFER8GtKRn2KDbDTVpJKfKmpz
i0coin: jNdvyvd6v6gV3kVJLD7HsB5ZwHyHwAkfdw
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Bitcoin Oz (OP)
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September 30, 2011, 01:58:58 AM |
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Weeds.
I dont want his currency i want my own lol. |
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michaelmclees
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September 30, 2011, 05:00:09 PM |
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Be on the lookout for Fairbrix.  |
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Peter Lambert
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September 30, 2011, 09:32:07 PM |
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I suppose that could work ... but how do you get people to uphold the network? Transaction fees?
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Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us |
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iopq
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October 02, 2011, 09:57:45 AM |
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I suppose that could work ... but how do you get people to uphold the network? Transaction fees?
you only let your friends do transactions |
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Bitcoin Oz (OP)
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October 02, 2011, 10:34:45 AM |
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Be on the lookout for Fairbrix. More like 0brix |
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Bitcoin Oz (OP)
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October 02, 2011, 10:37:51 AM |
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I suppose that could work ... but how do you get people to uphold the network? Transaction fees?
How will bitcoin function when all the coins have been created ? Think of it as a shortcut to finding out how that will function. |
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Peter Lambert
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October 02, 2011, 11:45:31 AM |
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I suppose that could work ... but how do you get people to uphold the network? Transaction fees?
How will bitcoin function when all the coins have been created ? Think of it as a shortcut to finding out how that will function. The difference is bitcoin has users already. People will continue mining to keep the network moving because they have transactions they want processed. |
Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us |
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iopq
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October 02, 2011, 12:37:25 PM |
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I suppose that could work ... but how do you get people to uphold the network? Transaction fees?
How will bitcoin function when all the coins have been created ? Think of it as a shortcut to finding out how that will function. The difference is bitcoin has users already. People will continue mining to keep the network moving because they have transactions they want processed. I have transactions on the namecoin network but I'll let the OTHER people mine at that insane difficulty bitcoin could literally die when the reward halves |
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d.james
Sr. Member
 Offline
Activity: 280
Merit: 250
Firstbits: 12pqwk
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October 02, 2011, 11:45:07 PM |
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I have 700 friends online and i will sell them for 1 friendcoin each.
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You can not roll a BitCoin, but you can rollback some.  Roll me back: 1NxMkvbYn8o7kKCWPsnWR4FDvH7L9TJqGG |
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Bitcoin Oz (OP)
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October 03, 2011, 05:59:12 AM |
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I have 700 friends online and i will sell them for 1 friendcoin each.
Every time you add a friend you have to pay me lol. |
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d.james
Sr. Member
Offline
Activity: 280
Merit: 250
Firstbits: 12pqwk
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October 04, 2011, 07:00:19 AM |
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NoNoNo, You have to pay me 1 friendcoin for each friend I add then transfer to you.
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You can not roll a BitCoin, but you can rollback some. Roll me back: 1NxMkvbYn8o7kKCWPsnWR4FDvH7L9TJqGG |
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steelhouse
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October 04, 2011, 06:10:40 PM |
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I started a minersareidiots thread. Your thread sounds more pleasant. You are correct they all should be premined.
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Bobnova
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October 05, 2011, 02:27:05 PM |
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I suppose that could work ... but how do you get people to uphold the network? Transaction fees?
How will bitcoin function when all the coins have been created ? Think of it as a shortcut to finding out how that will function. The difference is bitcoin has users already. People will continue mining to keep the network moving because they have transactions they want processed. I have transactions on the namecoin network but I'll let the OTHER people mine at that insane difficulty bitcoin could literally die when the reward halves It's going to have major issues. Won't be profitable for the vast majority of miners, hash rate will go through the floor, then it'll have NamecoinSyndrome: Huge difficulty, no hashes, a thousand+ blocks till difficulty changes. |
BTC: 1AURXf66t7pw65NwRiKukwPq1hLSiYLqbP
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iopq
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October 05, 2011, 03:09:39 PM |
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I suppose that could work ... but how do you get people to uphold the network? Transaction fees?
How will bitcoin function when all the coins have been created ? Think of it as a shortcut to finding out how that will function. The difference is bitcoin has users already. People will continue mining to keep the network moving because they have transactions they want processed. I have transactions on the namecoin network but I'll let the OTHER people mine at that insane difficulty bitcoin could literally die when the reward halves It's going to have major issues. Won't be profitable for the vast majority of miners, hash rate will go through the floor, then it'll have NamecoinSyndrome: Huge difficulty, no hashes, a thousand+ blocks till difficulty changes. yeah, the difficulty adjustment algorithm makes me a sad panda if people realize that GG is more profitable or something they'll start mining it if the difficulty adjustment algorithm worked it would halve the difficulty quickly when people leave to mine another cryptocurrency and it would settle at a new, lower value, but BTC might drop in hashrate and then someone could take it over with just a few terahashes and do doublespend attacks on exchanges |
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Bitcoin Oz (OP)
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October 06, 2011, 05:37:59 AM |
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I started a minersareidiots thread. Your thread sounds more pleasant. You are correct they all should be premined.
brocoin |
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