Bitcoin Forum
October 18, 2024, 07:41:51 PM
Welcome,
Guest
. Please
login
or
register
.
News
: Latest Bitcoin Core release:
28.0
[
Torrent
]
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Alternate cryptocurrencies
>
Altcoin Discussion
>
Pre-mine idea
Pages: [
1
]
« previous topic
next topic »
Print
Author
Topic: Pre-mine idea (Read 852 times)
AliceWonder
(OP)
Full Member
Offline
Activity: 168
Merit: 100
Pre-mine idea
July 18, 2014, 04:33:26 PM
#1
I'm not making a coin.
Just an idea to float out to those who are making them (and please don't without good reason)
10% pre-mine but the pre-mine is locked, blockchain won't allow them to be spent.
Every X blocks, where X is the typical number that would be generated in 3 months, 1/12 of the pre-mined coins are released and can be spent by the devs.
This would prevent a pump and dump as it would take 3 years for all the pre-mined coins to be made available and would incentivize the devs to keep the project on track - if the coin goes down the dumper, then the value of the coins in the pre-mine go down the dumper too before they can be sold.
But for the first 3 years of development it could inject much needed dev funds to the dev team if the coin does well.
Thoughts?
QuarkCoin
- what I believe bitcoin was intended to be. On reddit:
http://www.reddit.com/r/QuarkCoin/
spud21
Sr. Member
Offline
Activity: 342
Merit: 250
Re: Pre-mine idea
July 18, 2014, 05:16:13 PM
#2
It sounds good to me. The dev gets paid based on long term performance.
KimNam
Hero Member
Offline
Activity: 644
Merit: 500
Re: Pre-mine idea
July 18, 2014, 06:52:00 PM
#3
interesting idea, so devs will get premined coin little by little amount until 3 years
if the devs are really want to develop that coin and make them success, i'm sure they will gladly accept this idea
but, scam devs won't, they just want get quick profit by dump their own coin
YarkoL
Legendary
Offline
Activity: 996
Merit: 1013
Re: Pre-mine idea
July 18, 2014, 07:11:50 PM
#4
I think the idea is worthy of consideration. Now how to implement it?
NLocktime?
or
script?
“God does not play dice"
AliceWonder
(OP)
Full Member
Offline
Activity: 168
Merit: 100
Re: Pre-mine idea
July 18, 2014, 07:22:08 PM
#5
12 different special addresses at start. Blockchain does not allow address A to be used as an input until Nth block, address B unitl 2Nth block, etc.
QuarkCoin
- what I believe bitcoin was intended to be. On reddit:
http://www.reddit.com/r/QuarkCoin/
YarkoL
Legendary
Offline
Activity: 996
Merit: 1013
Re: Pre-mine idea
July 18, 2014, 07:24:42 PM
#6
I see!
Great simple idea.
“God does not play dice"
spud21
Sr. Member
Offline
Activity: 342
Merit: 250
Re: Pre-mine idea
July 18, 2014, 07:32:15 PM
#7
Simple ideas are often the best and also the most difficult ones to think of.
Willisius
Sr. Member
Offline
Activity: 364
Merit: 250
I'm really quite sane!
Re: Pre-mine idea
July 18, 2014, 07:42:14 PM
#8
I think nLockTime would do this perfectly.
YarkoL
Legendary
Offline
Activity: 996
Merit: 1013
Re: Pre-mine idea
July 18, 2014, 10:00:05 PM
#9
Quote from: Willisius on July 18, 2014, 07:42:14 PM
I think nLockTime would do this perfectly.
that would work, but hardcoded addresses in the source
are easier to understand by the users, and everyone can check
their state from an explorer.
nLockTime is a bit more exotic, even though
it has been there from the very beginning.
“God does not play dice"
d5000
Legendary
Offline
Activity: 4074
Merit: 7393
Decentralization Maximalist
⇾
Re: Pre-mine idea
July 18, 2014, 10:04:35 PM
#10
Even better would be a increased "dev bounty payout" rate.
Example: at start = devs get nothing, after three months, 1%, after six months, 2% more, etc.
So they will only really benefit if they really maintain it long-term.
█▀▀▀
█
█
█
█
█
█
█
█
█
█
█
█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
████
█
█████████
▄
███
██
███████
▄███
██
▐███
████
▄█████▀
███
████
██
▄████▀
███
▐████▄███▀
████
▐██████▀
█████
▀█████
█████
██████▄
████
████████▄
██
▄█████▀█████▄
▄██████
███
▀█████▀
█
█████
██████
▀██▀
██
██▀
█████████
▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c
.
h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█
█
█
█
█
█
█
█
█
█
█
█
▄▄▄█
▄█
█████▄▄▄
██
███████████▄▄
██
████
█████████
██
████
██
███████
██
████
██
███████
██
███████
██████
██
█░░████
█████
██
█▌▐████
█████
██
███████
████
██
█████████▀
██
████████▀
██
██████▀
░
▀
▀██▀▀
✔
Instant
✔
Non KYC
Crypto Swap Exchange
.
.
.
.
.
........
Bitcoin | Litecoin | Ethereum | Monero | Dash | ERC20 Tokens | more soon
........
.
.
.
.
.
▄███████████████████▄
███████
██
█
██
█████████
██▀▀▀▀▀
██
▀
██
▀▀███████
███
█████████████
▀████
█████
████
███▄
████
████
█████
████
███▀
████
████
█████
███████████
▀████
█████
████
████▄
████
███
█████
████
████▀
████
███
███
█████████████
▄████
ANN
THREAD
▄██████████████████▄
███████████▀▄▀██████
██████████▀
█
▄███████
████████▀▌
█
▄████████
████████▌▄
█
█████████
███████▀▄█
██
▀███████
████▀▄▄█
█
██
███
▀█████
███▀▄█▀▄██
█
█
████
████
███
█
█
█
█▀▄█▌▐
████
▐███
███
█
▌▐
█
█▀▌▐
█████
▐███
ONION
LINK
YarkoL
Legendary
Offline
Activity: 996
Merit: 1013
Re: Pre-mine idea
July 18, 2014, 10:06:52 PM
#11
Quote from: d5000 on July 18, 2014, 10:04:35 PM
Even better would be a increased "dev bounty payout" rate.
Example: at start = devs get nothing, after three months, 1%, after six months, 2% more, etc.
So they will only really benefit if they really maintain it long-term.
I think dependency on market valuation would provide greater
incentive to work hard.
“God does not play dice"
Pages: [
1
]
Print
Bitcoin Forum
>
Alternate cryptocurrencies
>
Altcoin Discussion
>
Pre-mine idea
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...