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Author Topic: list of bitcoin-like proposed currencies and chains  (Read 15516 times)
jtimon
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May 07, 2011, 04:15:54 PM
 #1

Hi, I think it would be a good idea to have all proposals together.
It is easier to discuss them this way.

For already working forks you have this list: https://bitcointalk.org/index.php?topic=37423

I've seen these proposals so far:

-FreiCoin (with demurrage, reduces interest and maintain the nominal reward for miners, the proportional reward for miners decreases until the maximum monetary base is reached)
http://www.freicoin.org/
https://bitcointalk.org/index.php?topic=36190.0
https://bitcointalk.org/index.php?topic=6549.0

-ExpoCoin/KingCoin (with an exponentially growing supply, maintains the proportional reward for miners, is not equivalent to freicoin!!)

-RippleCoin (like bitcoin, but the chain can have ripple transactions too. The fees for those transactions can be payed with ripplecoins or with ripple IOUs)
http://bitcointalk.org/index.php?topic=3557.0
implement ripple with colored coins: https://bitcointalk.org/index.php?topic=92421.msg1217467#msg1217467

Related, but a protocol without a chain: https://bitcointalk.org/index.php?topic=60591

-ExchangeChain/ (a decentralized exchange within a chain)
Any other chain currency can be traded atomically for middlecoins (or any chain currency that looks into this chain and has conditional transactions)

This can be made with contracts.

-EscrowCoin (like middlecoin transactions can depend on exchangeChain commits, escrow coins need to know the rules and results on other chains like option chain or reserve coin) I'm starting to doubt a new chain is needed for this.

-ReserveCoin (uses escrowcoin as a reserve of a new issued currency, the chain also buys reservecoins in exchange of escrowcoins)
The currency is pegged to escrowcoin but somehow the chain targets stable prices.

-Beertokens (backed crypto-currency that targets the value of a beer, issuing is centralized)
https://bitcointalk.org/index.php?topic=24209.0

-DerivativeChain (an options market within a chain, paid for in escrowcoin, can depend on exchange chain prices or needs a decentralized price index)

-StableCoin (adapt the monetary base to target a value using a decentralized price index) You could do it better destroying money through demurrage instead of fees.

-ReferenceCoin (just the target of stablecoin, it is not actually issued, but its price is provided inside another chain. it is useful for contracts)

-ECC (adjusting difficulty (and supply) to match 1 ECC = 1 Kw)

-TimeCoin (with an always growing supply, but constant growth instead of exponential) I can't see any reason why you would want it instead of expocoin.
http://bitcointalk.org/index.php?topic=2971.0

-Bitcoin Plus or BCP (BTCs can be converted into BCP. Their conversion value depends on the difficulty with which they were generated)

-SteadyCoin (The curve for coins creation is changed to reduce the reward for early adopters) It is proposed somewhere in the BCP thread.

-TownCoin (honestly I don't get it, so I can't summarize it)

-OtherCoin (EuroBitcoin, AmeroBitcoin, AfroBitcoin...AgBitcoin, Bitgold...; just another chain with no different properties than bitcoin, maybe a different total target money supply) This proposal is all around the forum, but I think it doesn't make much sense.

Note that some of them can be combined, for example, any currency can also have the properties of middlecoin and escrowcoin.
Please, post here any proposal that had appeared in the forum.

2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)
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jtimon
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May 09, 2011, 07:25:38 AM
 #2

Is there a post for the AgBitcoin?

2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)
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May 10, 2011, 06:23:45 AM
 #3

Here's a discussion amongst the Ripple developers about a p2p implementation of Ripple using a bitcoin-like blockchain.

http://groups.google.com/group/rippleusers/browse_thread/thread/eac0505ca4e5b839

I don't know how far they've gotten with this idea though.
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May 10, 2011, 09:43:02 AM
 #4

Here's a discussion amongst the Ripple developers about a p2p implementation of Ripple using a bitcoin-like blockchain.

http://groups.google.com/group/rippleusers/browse_thread/thread/eac0505ca4e5b839

I don't know how far they've gotten with this idea though.

Actually I started that thread.
In the current draft of the distributed ripple protocol, the timestamping is optional and is done by registries.

https://groups.google.com/forum/#!topic/rippleusers/Ruy_QIb0AAY

However, I'm trying to convince the actual developers to allow registries to be a p2p network like a block chain and not require the registries to be in a HTTP server.
One of the various solutions for ripple involving a bock chain that emerged in that discussion needed a parallel chain that issues rippleCoins.
So I'm going to add it to the list, even if the ripple group doesn't need that solution right now.

Thanks

2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)
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May 10, 2011, 04:18:46 PM
 #5

Ripple is really interesting, both for the fact that it's genuinely revolutionary (no kidding here, the implications seem to run deep) and for the fact that it's been going since 2006 and hasn't really taken off, not compared to bitcoin. Financial incentives are higher for early adopters of btc maybe... at any rate, ripple is pretty cool. Good idea with that blockchain thing!

And just for people reading this list, there's also Open Transactions, not really bitcoin like but complementary in every way. https://github.com/FellowTraveler/Open-Transactions
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May 10, 2011, 04:30:01 PM
 #6

I link to yours if you link to mine. LOL.

A proposal to structure all this diversity rather than keep fighting it:

http://bitcointalk.org/index.php?topic=7841.0

Hi, I think it would be a good idea to have all proposals together.
It is easier to discuss them this way.
I've seen these proposals so far:

-Timecoin (with an always growing supply)
http://bitcointalk.org/index.php?topic=2792.0
http://bitcointalk.org/index.php?topic=2971.0

-Freicoin (with demurrage)
http://bitcointalk.org/index.php?topic=6549.0
http://bitcointalk.org/index.php?topic=3816.0

-ECC (adjusting difficulty (and supply) to match 1 ECC = 1 Kw)
http://bitcointalk.org/index.php?topic=7182.0

-OtherCoin (EuroBitcoin, AmeroBitcoin, AfroBitcoin...AgBitcoin, just another chain with no different properties than bitcoin, maybe a different total money supply):
http://bitcointalk.org/index.php?topic=6955.0

-NameCoin (like bitcoin, but allows to instantly pay for domains registered in the same chain).
http://bitcointalk.org/index.php?topic=6017.0

-KingCoin/ExpoCoin (with an exponentially growing supply)
http://bitcointalk.org/index.php?topic=2792.msg110548#msg110548

-RippleCoin (like bitcoin, but the chain can have ripple transactions too. The fees for those transactions can be payed with ripplecoins or with ripple IOUs)
https://groups.google.com/forum/#!topic/rippleusers/Ruy_QIb0AAY
http://bitcointalk.org/index.php?topic=3557.0
https://groups.google.com/forum/#!topic/rippleusers/J2MZgLguLHo

Please, post here any proposal that had appear in the forum.


Proposal: http://forum.bitcoin.org/index.php?topic=11541.msg162881#msg162881
Inception: https://github.com/bitcoin/bitcoin/issues/296
Goal: http://forum.bitcoin.org/index.php?topic=12536.0
Means: Code, donations, and brutal criticism. I've got a thick skin. 1Gc3xCHAzwvTDnyMW3evBBr5qNRDN3DRpq
jtimon
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May 10, 2011, 05:22:16 PM
 #7

Ripple is really interesting, both for the fact that it's genuinely revolutionary (no kidding here, the implications seem to run deep) and for the fact that it's been going since 2006 and hasn't really taken off, not compared to bitcoin. Financial incentives are higher for early adopters of btc maybe... at any rate, ripple is pretty cool. Good idea with that blockchain thing!

Thank you.
If, like me, you're interested in alternative currencies, you may like these links:

http://p2pfoundation.net/Category:Money

http://p2pfoundation.net/Open_Money

http://www.complementarycurrency.org/ccDatabase/les_public.html

By the way, probably bitcoin should be listed there as a complementary currency.

And just for people reading this list, there's also Open Transactions, not really bitcoin like but complementary in every way. https://github.com/FellowTraveler/Open-Transactions

I'm not sure, but I think bitcoin and ripple can integrate with open transactions. If not, I think they will.

2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)
tomcollins
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May 10, 2011, 05:34:29 PM
 #8

Ripple is really interesting, both for the fact that it's genuinely revolutionary (no kidding here, the implications seem to run deep) and for the fact that it's been going since 2006 and hasn't really taken off, not compared to bitcoin. Financial incentives are higher for early adopters of btc maybe... at any rate, ripple is pretty cool. Good idea with that blockchain thing!

Thank you.
If, like me, you're interested in alternative currencies, you may like these links:

http://p2pfoundation.net/Category:Money

http://p2pfoundation.net/Open_Money

http://www.complementarycurrency.org/ccDatabase/les_public.html

By the way, probably bitcoin should be listed there as a complementary currency.

And just for people reading this list, there's also Open Transactions, not really bitcoin like but complementary in every way. https://github.com/FellowTraveler/Open-Transactions

I'm not sure, but I think bitcoin and ripple can integrate with open transactions. If not, I think they will.

Blowjobcoin - you get one coin for each blowjob you give me.
jtimon
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May 10, 2011, 06:36:58 PM
 #9

Ripple is really interesting, both for the fact that it's genuinely revolutionary (no kidding here, the implications seem to run deep) and for the fact that it's been going since 2006 and hasn't really taken off, not compared to bitcoin. Financial incentives are higher for early adopters of btc maybe... at any rate, ripple is pretty cool. Good idea with that blockchain thing!

Thank you.
If, like me, you're interested in alternative currencies, you may like these links:

http://p2pfoundation.net/Category:Money

http://p2pfoundation.net/Open_Money

http://www.complementarycurrency.org/ccDatabase/les_public.html

By the way, probably bitcoin should be listed there as a complementary currency.

And just for people reading this list, there's also Open Transactions, not really bitcoin like but complementary in every way. https://github.com/FellowTraveler/Open-Transactions

I'm not sure, but I think bitcoin and ripple can integrate with open transactions. If not, I think they will.

Blowjobcoin - you get one coin for each blowjob you give me.

If you're not interested it this thread, you can just ignore it.

2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)
tomcollins
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May 10, 2011, 07:34:52 PM
 #10

Ripple is really interesting, both for the fact that it's genuinely revolutionary (no kidding here, the implications seem to run deep) and for the fact that it's been going since 2006 and hasn't really taken off, not compared to bitcoin. Financial incentives are higher for early adopters of btc maybe... at any rate, ripple is pretty cool. Good idea with that blockchain thing!

Thank you.
If, like me, you're interested in alternative currencies, you may like these links:

http://p2pfoundation.net/Category:Money

http://p2pfoundation.net/Open_Money

http://www.complementarycurrency.org/ccDatabase/les_public.html

By the way, probably bitcoin should be listed there as a complementary currency.

And just for people reading this list, there's also Open Transactions, not really bitcoin like but complementary in every way. https://github.com/FellowTraveler/Open-Transactions

I'm not sure, but I think bitcoin and ripple can integrate with open transactions. If not, I think they will.

Blowjobcoin - you get one coin for each blowjob you give me.

If you're not interested it this thread, you can just ignore it.


I'm interested.  I've actually doubled my reward to 2 Blowjob coins per blowjob given, and 20 if it's a hot female.
jtimon
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May 10, 2011, 09:35:11 PM
 #11

I'm interested.  I've actually doubled my reward to 2 Blowjob coins per blowjob given, and 20 if it's a hot female.

-BlowjobCoin (doesn't need a block chain; 2 Blowjob coins per blowjob given, and 20 if it's a hot female; centralized issuing by tomcollins)
http://bitcointalk.org/index.php?topic=7500.msg114752#msg114752

I was going to add it to the list, but you can issue IOUs in any unit you want using ripple, even blowjobs.
If it doesn't need a block chain, I don't think it has to be in the list.

2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)
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May 11, 2011, 09:31:52 AM
 #12

Bitgold

Basically we just simply take the bitcoin source, search and replace 'bitcoin' with 'bitgold' and start generating gold ... we need to change few things like port number and etc so it plays nicely with bitcoin and we could also change a few rules like say issue the say total amount of bitgold bits as there are currently physical grams of gold in the world (over the next 56years say?) and keep it inflating at same approx. rate that gold is being mined up ~2.25% ...

jtimon
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May 11, 2011, 09:40:22 AM
 #13

Bitgold

Basically we just simply take the bitcoin source, search and replace 'bitcoin' with 'bitgold' and start generating gold ... we need to change few things like port number and etc so it plays nicely with bitcoin and we could also change a few rules like say issue the say total amount of bitgold bits as there are currently physical grams of gold in the world (over the next 56years say?) and keep it inflating at same approx. rate that gold is being mined up ~2.25% ...

It seems similar to AgBitcoin and such. Gold mining will eventually stop, so if you want to emulate gold, the supply should stop at some point like in bitcoin. I'll add it to the othercoin sublist.

2 different forms of free-money: Freicoin (free of basic interest because it's perishable), Mutual credit (no interest because it's abundant)
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May 11, 2011, 10:49:28 AM
 #14

I'm interested.  I've actually doubled my reward to 2 Blowjob coins per blowjob given, and 20 if it's a hot female.

;;buy 2 BJC at 0.95 BLOWJOBS no paypal sorry

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May 11, 2011, 03:23:04 PM
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Ripple is really interesting, both for the fact that it's genuinely revolutionary (no kidding here, the implications seem to run deep) and for the fact that it's been going since 2006 and hasn't really taken off, not compared to bitcoin. Financial incentives are higher for early adopters of btc maybe... at any rate, ripple is pretty cool. Good idea with that blockchain thing!

Thank you.
If, like me, you're interested in alternative currencies, you may like these links:

http://p2pfoundation.net/Category:Money

http://p2pfoundation.net/Open_Money

http://www.complementarycurrency.org/ccDatabase/les_public.html

By the way, probably bitcoin should be listed there as a complementary currency.

And just for people reading this list, there's also Open Transactions, not really bitcoin like but complementary in every way. https://github.com/FellowTraveler/Open-Transactions

I'm not sure, but I think bitcoin and ripple can integrate with open transactions. If not, I think they will.

Blowjobcoin - you get one coin for each blowjob you give me.

If you're not interested it this thread, you can just ignore it.


I'm interested.  I've actually doubled my reward to 2 Blowjob coins per blowjob given, and 20 if it's a hot female.

What's the exchange rate between those and BTC?
marcus_of_augustus
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May 11, 2011, 08:58:27 PM
 #16


BlowCoin

private, fully anonymous currency reserved for illegal activities and criminals everywhere. Legitimate activities are discouraged to use BlowCoin because it only confuses the public, we gotta know who the baddies are and if you use BlowCoin you are definitely a bad-ass. Can be used by/backed with blow, blow dealers, blow jobs from hookers, weapons smugglers and bombers who like to blow things up.

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May 12, 2011, 02:50:52 PM
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What's the exchange rate between those and BTC?

The market will decide.
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May 13, 2011, 08:55:31 AM
 #18

How about doing all of those... but setting it up so that coins in the BitCoin chain must be publicly destroyed before creating the same amount of coins in these others.  This will eliminate any problems with inflation and increase acceptance of these alternatives.  If successful, then perhaps BitCoin could have the same mechanism of accepting coins from these other types... so long as these other coins are publicly destroyed before moving them back into the BitCoin system.
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May 13, 2011, 09:06:46 AM
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How about doing all of those... but setting it up so that coins in the BitCoin chain must be publicly destroyed before creating the same amount of coins in these others.  This will eliminate any problems with inflation and increase acceptance of these alternatives.  If successful, then perhaps BitCoin could have the same mechanism of accepting coins from these other types... so long as these other coins are publicly destroyed before moving them back into the BitCoin system.

Entropy in human behavior and software development cycles would play havoc with trying to have them destroyed.

An abundance of variants would cause inflation to crash in bitcoin making all of them stronger due to the competition.

Proposal: http://forum.bitcoin.org/index.php?topic=11541.msg162881#msg162881
Inception: https://github.com/bitcoin/bitcoin/issues/296
Goal: http://forum.bitcoin.org/index.php?topic=12536.0
Means: Code, donations, and brutal criticism. I've got a thick skin. 1Gc3xCHAzwvTDnyMW3evBBr5qNRDN3DRpq
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May 13, 2011, 09:13:14 AM
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How about doing all of those... but setting it up so that coins in the BitCoin chain must be publicly destroyed before creating the same amount of coins in these others.  This will eliminate any problems with inflation and increase acceptance of these alternatives.  If successful, then perhaps BitCoin could have the same mechanism of accepting coins from these other types... so long as these other coins are publicly destroyed before moving them back into the BitCoin system.

Entropy in human behavior and software development cycles would play havoc with trying to have them destroyed.

An abundance of variants would cause inflation to crash in bitcoin making all of them stronger due to the competition.

The destination key could be the hash of some block within the last 24 hours.  That would be good proof that the BitCoins are destroyed in the BitCoin chain.  The chance that someone has a private key of a block hash is near zero... and good proof of their destruction.

I would rather see an attempt at compatibility, rather than a lot of competing electronic currencies.

EDIT: If the main block chain can see the number of coins being destroyed/sent to an alternative system, then the alternative system has a reference to verify that there is no inflation.
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