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Best coin parameters so far
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Topic: Best coin parameters so far (Read 703 times)
nuggetbram
(OP)
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Best coin parameters so far
June 08, 2014, 01:56:41 PM
#1
Out of all the masses of altcoins, which parameters do you feel work best? (I'm only dealing with pow here)
Should the rewards be low or high? Does fighting inflation by cutting rewards really help? What block times offer maximum satisfaction?
I personally believe that a consistent reward of 75 at 2 minute block times is the best (so good, I can't even remember what coin it's from)
What are your opinions?
Parazyd
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Space Lord
Re: Best coin parameters so far
June 08, 2014, 01:57:54 PM
#2
50 coins for block reward. Max of 21M coins. Block time of 10 minutes
nuggetbram
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Re: Best coin parameters so far
June 08, 2014, 02:10:29 PM
#3
Quote from: Parazyd on June 08, 2014, 01:57:54 PM
50 coins for block reward. Max of 21M coins. Block time of 10 minutes
I can see that taking off... Hmm. Well, I guess we'll go with SHA-256 as many people have asics, and since it's computer related, we need a relevant name...
Bytes are a computer term, but bytecoin's already taken...
How about bitcoin! Sounds pretty good! I think we're onto something!
freebitcoins4u
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⇾
Re: Best coin parameters so far
June 08, 2014, 02:57:53 PM
#4
lots of coin rewards per block!
Mr47
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Re: Best coin parameters so far
June 08, 2014, 03:59:42 PM
#5
Quote from: nuggetbram on June 08, 2014, 01:56:41 PM
Out of all the masses of altcoins, which parameters do you feel work best? (I'm only dealing with pow here)
Should the rewards be low or high? Does fighting inflation by cutting rewards really help? What block times offer maximum satisfaction?
I personally believe that a consistent reward of 75 at 2 minute block times is the best (so good, I can't even remember what coin it's from)
What are your opinions?
Quantity of coins for 1 block + liquidity should be good.
I think that you can copy these parameters from MRO
JazzManLoveBTC
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Re: Best coin parameters so far
June 08, 2014, 04:17:38 PM
#6
Quote from: Mr47 on June 08, 2014, 03:59:42 PM
Quote from: nuggetbram on June 08, 2014, 01:56:41 PM
Out of all the masses of altcoins, which parameters do you feel work best? (I'm only dealing with pow here)
Should the rewards be low or high? Does fighting inflation by cutting rewards really help? What block times offer maximum satisfaction?
I personally believe that a consistent reward of 75 at 2 minute block times is the best (so good, I can't even remember what coin it's from)
What are your opinions?
Quantity of coins for 1 block + liquidity should be good.
I think that you can copy these parameters from MRO
But if there will be a lot of coins for 1 block it will loose all liquidity
MidnightRon
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Merit: 0
Re: Best coin parameters so far
June 08, 2014, 05:09:04 PM
#7
Quote from: JazzManLoveBTC on June 08, 2014, 04:17:38 PM
Quote from: Mr47 on June 08, 2014, 03:59:42 PM
Quote from: nuggetbram on June 08, 2014, 01:56:41 PM
Out of all the masses of altcoins, which parameters do you feel work best? (I'm only dealing with pow here)
Should the rewards be low or high? Does fighting inflation by cutting rewards really help? What block times offer maximum satisfaction?
I personally believe that a consistent reward of 75 at 2 minute block times is the best (so good, I can't even remember what coin it's from)
What are your opinions?
Quantity of coins for 1 block + liquidity should be good.
I think that you can copy these parameters from MRO
But if there will be a lot of coins for 1 block it will loose all liquidity
Yeah maybe that's why he said about MRO coz it has an amazing parameters.
Mikez
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Activity: 508
Merit: 500
Re: Best coin parameters so far
June 08, 2014, 06:00:02 PM
#8
Quote from: Parazyd on June 08, 2014, 01:57:54 PM
50 coins for block reward. Max of 21M coins. Block time of 10 minutes
This just made me laugh. A lot. Thank you dear Sir!
▓▓▓ BITMIXER.IO ▓▓▓
▓▓▓ High Volume Bitcoin MIXER ▓▓▓
Parazyd
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Space Lord
Re: Best coin parameters so far
June 08, 2014, 07:11:47 PM
#9
Quote from: Mikez on June 08, 2014, 06:00:02 PM
Quote from: Parazyd on June 08, 2014, 01:57:54 PM
50 coins for block reward. Max of 21M coins. Block time of 10 minutes
This just made me laugh. A lot. Thank you dear Sir!
Virtual fistbump. You're welcome
nuggetbram
(OP)
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Activity: 326
Merit: 100
Re: Best coin parameters so far
June 09, 2014, 12:30:37 AM
#10
Quote from: MidnightRon on June 08, 2014, 05:09:04 PM
Quote from: JazzManLoveBTC on June 08, 2014, 04:17:38 PM
Quote from: Mr47 on June 08, 2014, 03:59:42 PM
Quote from: nuggetbram on June 08, 2014, 01:56:41 PM
Out of all the masses of altcoins, which parameters do you feel work best? (I'm only dealing with pow here)
Should the rewards be low or high? Does fighting inflation by cutting rewards really help? What block times offer maximum satisfaction?
I personally believe that a consistent reward of 75 at 2 minute block times is the best (so good, I can't even remember what coin it's from)
What are your opinions?
Quantity of coins for 1 block + liquidity should be good.
I think that you can copy these parameters from MRO
But if there will be a lot of coins for 1 block it will loose all liquidity
Yeah maybe that's why he said about MRO coz it has an amazing parameters.
How exactly does monero's reward work? The post just says "smoothly" and I can't find in the arc as it's a cryptonote...
kelsey
Legendary
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Activity: 1876
Merit: 1000
Re: Best coin parameters so far
June 09, 2014, 12:51:18 AM
#11
raising the debt ceiling above 17 trillion
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