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Somekindabitcoin (OP)
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July 23, 2014, 01:10:24 AM
Last edit: July 25, 2014, 03:25:34 AM by Somekindabitcoin |
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Specifications X11 PoW/PoM 500,000,000 total coins 30 days of mining Block time: 1 minute Reward: 9260 per block. No halving ICO 50,000,000 (10%) Distribution 50,000,000 (10%) What is DoS? DOS is Denial of Service coin. I came up with the name because it fits perfect with the idea. A website integrates DOScoin within their system by changing 5 coins into an M Node (Mitigation node). What it does is that when a flood is happening, the faucet starts and mitigates it to other websites which also have the M node. The more nodes we have set up, the less severity the DDOS attack could be. Crowdsourced mitigation. I plan on releasing the whitepaper soon. Things I need: People with websites. Coders and Developers. You will be paid for your time through the money accumulated through ICO. |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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SecondsOld
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July 23, 2014, 01:10:43 AM |
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Not sure how I feel about this.
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Shadow_Runner
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July 23, 2014, 01:11:14 AM |
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20% premine? When it stops?
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bathrobehero
Legendary
 Offline
Activity: 2002
Merit: 1051
ICO? Not even once.
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July 23, 2014, 01:12:32 AM |
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If it works and it is effective, it could be huge.
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Not your keys, not your coins!
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Somekindabitcoin (OP)
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July 23, 2014, 01:15:56 AM |
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20% premine? When it stops?
That first one for the IPO for development. The second is for distribution for people who own websites. I want as many nodes as possible. |
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smokim87
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July 23, 2014, 01:21:14 AM |
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interesting idea, will wait for the whitepaper. It better be well detailed  |
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Somekindabitcoin (OP)
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July 23, 2014, 01:21:55 AM |
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interesting idea, will wait for the whitepaper. It better be well detailed Hell yeah it will! |
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billotronic
Legendary
Offline
Activity: 1610
Merit: 1000
Crackpot Idealist
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July 23, 2014, 01:23:13 AM |
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Some free advice:
Delete this thread and come back when you have a more finalized plan or better yet a white paper.
That being said, if you could pull of the idea, it would be epic AND very useful. I wish you luck.
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Somekindabitcoin (OP)
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July 23, 2014, 01:25:20 AM |
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It is originally here just to inform people. I'll delete it once I make the real announcement.
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IMJim
Legendary
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Activity: 1260
Merit: 1000
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July 23, 2014, 01:55:32 AM |
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Holy crap, a coin launching from someone with an account more than a day old  That alone peeks my interest with 99% of the coin launches being brand new accounts! |
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Somekindabitcoin (OP)
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July 23, 2014, 02:14:10 AM |
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Holy crap, a coin launching from someone with an account more than a day old That alone peeks my interest with 99% of the coin launches being brand new accounts! Right? Oh and whitepaper within this week. |
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KeyserSozeMC
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July 23, 2014, 02:51:38 AM |
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Your website will be DDoS-ed.
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Hey, smexy. Don't waste your time. Time's precious.
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BTMan
Full Member
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Activity: 126
Merit: 100
BTMan
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July 23, 2014, 03:20:39 AM |
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premine so many coins.
20%
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allbter
Member
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Activity: 87
Merit: 10
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July 23, 2014, 03:26:16 AM |
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premine so many coins.
20%
+1 20% is not good,maybe 2% |
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n3rfherder
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July 23, 2014, 03:33:21 AM |
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This could be awesome if it is legit. Good luck.
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Somekindabitcoin (OP)
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July 23, 2014, 07:26:56 AM |
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The first premine is going to be used toward the development of the coin.
The second premine is going to be used to distribute to domain name owners who can implement them on their websites.
Obviously, most of you haven't read the OP. You only saw the premine amount and were gone. Look again!
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KriszDev
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July 23, 2014, 07:57:20 AM |
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Hmm another peple who make a coin to get bitcoin.
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majeis
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July 23, 2014, 08:01:57 AM |
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Your website will be DDoS-ed.
OP should choose a different name. Consider it to be an attack mitigation measure. Though, people will still do it for the irony lols. |
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pandher
Legendary
Offline
Activity: 952
Merit: 1000
Stagnation is Death
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July 23, 2014, 08:05:03 AM |
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Very interesting, reduce total number of coins
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Somekindabitcoin (OP)
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July 23, 2014, 08:08:26 AM |
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True, though I would want them to try and attack the site once all the nodes are up.
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