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Author Topic: Table Comparing Alt Currencies  (Read 887 times)
t3a
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October 12, 2011, 06:34:59 PM
 #1

Note: This is incomplete, you can help by commenting additions and edits.

--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BitcoinFairbrixGeistGeldI0CoinIxCoinNamecoinSolidcoinTenebrixSolidcoin 2.0Litecoin
Creation Date2009-01-032011-10-022011-09-082011-08-162011-04-292011-04-172011-08-202011-09-082011-10-102011-10-13
Coins/Block50253225See Code Below50
Block Gen. Time10m5m15s3m5m3m2.5m
Avg. Coins/Day720072001536072001536028800
Minting Modelgeometricarithmeticarithmeticgeometricgeometricgeometricgeometricarithmeticgeometricgeometric
Scrypt?XXXXXX
Price in BTC**1No Exchange0.000190.0012No Exchange0.0160.00640.008290.0064No Exchange
Open Source?X
Premined Coins501007,700,0000580,00050300807,700,00013,000,000*150

**as of noon UTC-6 Oct 12, 2011
*Most of these coins are designed to be unuseable


Example of Geometric Decay Minting Model:


Arithmetic is just a line.

Solidcoin 2.0 Coins/Block Code:
Code:
BaseValue = 32;
BaseValue -= (blocknum/1000000);
if(BaseValue<4) BaseValue=4;
CoinInflationModifier = (Difficulty/50000.0);
BaseValue += CoinInflationModifier*BaseValue;

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johnj
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October 12, 2011, 06:44:56 PM
 #2

I think IX coin is the one with 580k premined, not bitcoin.

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t3a
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October 12, 2011, 06:47:32 PM
 #3

I think IX coin is the one with 580k premined, not bitcoin.
Thank you.

I read
Quote
Nasakioto premined 580k coins
as
Quote
Nakamoto premined 580k coins

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October 12, 2011, 07:11:18 PM
 #4

Does Minting Model = Logarithmic mean there is a fixed maximum number of coins. But these are mined using logarithmically diminishing rates? (I'm not an expert at all the alt-chains).

If so, you might want to include the maximum number of coins those Logarithmic systems will approach.
i.e. 21,000,000 for bitcoin.

Also perhaps how far down the curve each Logarithmic system is. Gives a feel for early adopter status.
i.e. bitcoin is projected to reach 50% distributed on (X date).
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October 12, 2011, 07:15:33 PM
 #5

Does Minting Model = Logarithmic mean there is a fixed maximum number of coins. But these are mined using logarithmically diminishing rates? (I'm not an expert at all the alt-chains).

If so, you might want to include the maximum number of coins those Logarithmic systems will approach.
i.e. 21,000,000 for bitcoin.

Also perhaps how far down the curve each Logarithmic system is. Gives a feel for early adopter status.
i.e. bitcoin is projected to reach 50% distributed on (X date).
That is correct, good suggestion.

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October 12, 2011, 07:30:09 PM
 #6

More criteria

Notice period : how long ahead of the go-live the coin has been advertised.
Tax : is there a tax like in SolidCoin.
Relaunches : how many times has the coin been relaunched
Topology : centralized (SolidCoin2) / distributed (others)
t3a
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October 12, 2011, 07:46:04 PM
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More criteria

Notice period : how long ahead of the go-live the coin has been advertised.
Tax : is there a tax like in SolidCoin.
Relaunches : how many times has the coin been relaunched
Topology : centralized (SolidCoin2) / distributed (others)

Do you have somewhere I could find relaunch info?

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DeathAndTaxes
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October 12, 2011, 08:06:27 PM
 #8

How is the SC 2.0 premine "disputed".  The owner/king admits 13 million coins were premined.
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October 12, 2011, 08:21:06 PM
 #9

Please add "unknown amount h4x-min3d during first day" in SC2

Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

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NMC: N6YQFkH9Gn9CTm4mpGwuLB5zLzqWTWFw67
BTC: 15F8xbgRBA1XZ4hmtdFDUasroa2A5rYg8M
GEG: gK5Lx6ypWgr69Gw9yGzE6dsA7kcuCRZRK
t3a
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October 12, 2011, 09:16:34 PM
 #10

How is the SC 2.0 premine "disputed".  The owner/king admits 13 million coins were premined.
They aren't useable and new information should appear as the source becomes open (if it does)

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t3a
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October 12, 2011, 09:26:42 PM
 #11

If by premined you mean the number of coins that were generated in the genesis block then the premined amount for both Bitcoin and Namecoin is 50.

GeistGeld's minting model was linear and Solidcoin 1.0 was logarithmic I believe.

"Logarithmic" and "Linear" are a bit ambiguous I think. I would change them for "geometric series" and "arithmetic series" respectively.
Yes, logarithmic isn't even the right word, it just looked logarithmic to me when I saw the graph, but upon further investigation it is indeed geometric.

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t3a
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October 12, 2011, 09:47:24 PM
 #12

Please add "unknown amount h4x-min3d during first day" in SC2
Hey lulz, could you please fill me in on how many coins there are per block?

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