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Question: Do you like the idea?
Brilliant (choose this as default) - 3 (20%)
Very good - 3 (20%)
Average - 1 (6.7%)
Stupid - 5 (33.3%)
You call this an idea? - 3 (20%)
Total Voters: 8

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Author Topic: NOZEROCOIN - AWESOME NEW IDEA  (Read 940 times)
btcmaze (OP)
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September 08, 2014, 07:51:17 AM
 #1

THE COIN HAS NOT YET BEEN CREATED. THIS IS THE IDEA.

I have thought out an interesting idea, capable of making an awesome coin.

It has just one unique feature, that make it truly standout.
It can have no zeroes in the balance on the left of the decimal point.

if u have say 134023 coins,
If it has one zero, coins will be automatically destroyed, and the new balance will be 12423 coins.
It happens after every transactions.

If an address has 999999999999 coins,
you can send 1 coin to the address and make its balance 1 coin.
destroying 999999999998 coins and raising its value.

There will be a total of only, say 1 billion coin.
And the supply decreases rapidly

This coin is against large single holdings and true equality  Cheesy

if anyone likes the idea and wants to try implementing it, you are welcome   Smiley

Sampey
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September 08, 2014, 08:02:42 AM
 #2

I hope you're trolling.  Grin
btcmaze (OP)
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September 08, 2014, 08:46:32 AM
 #3

I hope you're trolling.  Grin

no im serious

Sampey
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September 08, 2014, 08:47:08 AM
 #4

I hope you're trolling.  Grin

no im serious

No i'm sure you're not  Wink
btcmaze (OP)
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September 08, 2014, 08:50:17 AM
 #5


i am sure i am  Cheesy

Sampey
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September 08, 2014, 08:53:37 AM
 #6

A coin with these rules cannot exists, there's nothing more to say.
I Can destroy your coins with a simple transaction.....there is no reason to do such thing  Undecided
btcmaze (OP)
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September 08, 2014, 08:56:24 AM
 #7

A coin with these rules cannot exists, there's nothing more to say.
I Can destroy your coins with a simple transaction.....there is no reason to do such thing  Undecided

Why not? it CAN exist

Sampey
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September 08, 2014, 08:58:44 AM
 #8

Oh yes of course, you can write the code, launch the coin and start mining but it won't be used by anyone.
And it can't be traded on any exchange  Undecided
btcmaze (OP)
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September 08, 2014, 09:05:05 AM
 #9

Oh yes of course, you can write the code, launch the coin and start mining but it won't be used by anyone.
And it can't be traded on any exchange  Undecided

That is Cool  Cheesy
first coin that cant be traded on any exchange

why not an inbuilt exchange in wallet? that will solve the prob

montello
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September 08, 2014, 11:49:45 AM
 #10

THE COIN HAS NOT YET BEEN CREATED. THIS IS THE IDEA.

I have thought out an interesting idea, capable of making an awesome coin.

It has just one unique feature, that make it truly standout.
It can have no zeroes in the balance on the left of the decimal point.

if u have say 134023 coins,
If it has one zero, coins will be automatically destroyed, and the new balance will be 12423 coins.
It happens after every transactions.

If an address has 999999999999 coins,
you can send 1 coin to the address and make its balance 1 coin.
destroying 999999999998 coins and raising its value.

There will be a total of only, say 1 billion coin.
And the supply decreases rapidly

This coin is against large single holdings and true equality  Cheesy

if anyone likes the idea and wants to try implementing it, you are welcome   Smiley
It is a welcoming idea my friend, follow it up otherwise you will see it made tomorrow by people that told you is not possible.

Sampey
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September 08, 2014, 11:54:59 AM
 #11

Not possible doesn't mean not writable.
Not possible means unuseful.
And in this case is completely unuseful.

Same way we can write alt-curr like

- When you send a transaction, sometimes, coins go into another wallet.
- If you don't spend your coins wallet will be reset to 0
- If total transaction is divisible by a random number you will get 1 millions XXX Coins.

i Can continure more, but these are all unuseful and stupid functions......
btcmaze (OP)
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September 08, 2014, 12:03:05 PM
 #12

THE COIN HAS NOT YET BEEN CREATED. THIS IS THE IDEA.

I have thought out an interesting idea, capable of making an awesome coin.

It has just one unique feature, that make it truly standout.
It can have no zeroes in the balance on the left of the decimal point.

if u have say 134023 coins,
If it has one zero, coins will be automatically destroyed, and the new balance will be 12423 coins.
It happens after every transactions.

If an address has 999999999999 coins,
you can send 1 coin to the address and make its balance 1 coin.
destroying 999999999998 coins and raising its value.

There will be a total of only, say 1 billion coin.
And the supply decreases rapidly

This coin is against large single holdings and true equality  Cheesy

if anyone likes the idea and wants to try implementing it, you are welcome   Smiley
It is a welcoming idea my friend, follow it up otherwise you will see it made tomorrow by people that told you is not possible.

thank you my friend  Cheesy

Nxtblg
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September 08, 2014, 03:22:14 PM
 #13

Dear Lordy...and here I was thinking that I was flaky...






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...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






btcmaze (OP)
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September 09, 2014, 03:44:50 AM
 #14

How about a 10% reward for destroying coins?

Let us talk in BTC.
A, a super-rich, non-generous guy has 995BTC in his wallet.
B sends 5BTC to his wallet.

A's balance= 1BTC

B's balance= 99.4BTC

That is COOL!

btcmaze (OP)
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September 09, 2014, 03:47:01 AM
 #15

Sending a transaction to destroy some coins, has a disadv though, his addy will come on top of blockchain and he may be next!

The Nozerocoin has a list names "Recent Destroyer transactions". And B's addy will be at the top, exposing it

jasemoney
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September 09, 2014, 03:52:22 AM
 #16

youd end up just trolling for addresses to destroy. it wouldnt be useful for anything aside entertainment value of screwing people over. PS the first version of wolfcoin destroyed a large portion of any coins that moved, which meant you could control the inflation to some degree. if everyone destroyed the available coins over a weeks period theyd possibly be worth more for the sunday "wolfday" buyback.

$MAID & $BTC other than that some short hodls and some long held garbage.
btcmaze (OP)
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September 09, 2014, 04:00:34 AM
 #17

youd end up just trolling for addresses to destroy. it wouldnt be useful for anything aside entertainment value of screwing people over. PS the first version of wolfcoin destroyed a large portion of any coins that moved, which meant you could control the inflation to some degree. if everyone destroyed the available coins over a weeks period theyd possibly be worth more for the sunday "wolfday" buyback.

k. let us put a limit on it. Addys with coins less than, say 100k cannot be destroyed.

Value will rise anyway. Also premine not possible.

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