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Topic: Coins that generate coins (Read 1174 times)
bitcoinrocks
(OP)
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Coins that generate coins
November 07, 2014, 03:47:06 PM
#1
NXT generates more NXT through the forging process.
SWARM generates other coins through the dividend process (if kept in Counterwallet).
Are there others?
jabo38
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Activity: 1232
Merit: 1001
mining is so 2012-2013
Re: Coins that generate coins
November 07, 2014, 04:22:47 PM
#2
The NXT forging process just means the forger gets the fees from the transactions in that block. Some blocks have 0 fees and 0 forged coins. That has been my luck all three times I forged.
That said NXT. Does make new coins in a way through Asset Exchange and will make even more in Monetary Supply.
NXT Asset Exchange is essentially just like Counterparty but Monetary System will be more complex.
Catapult is the most advanced open source blockchain with the most features! Crosschain txs in SDK. MongoDB and API server with every full node. Multilevel multisig supported by fully decentralized API. Send many coins between many people in only one tx in one block with aggregated transactions.
bitcoinrocks
(OP)
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Re: Coins that generate coins
November 07, 2014, 04:31:12 PM
#3
"generates" could be replaced with "gets" in my original post.
iGotSpots
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Merit: 1054
CPU Web Mining 🕸️ on webmining.io
Re: Coins that generate coins
November 07, 2014, 08:58:03 PM
#4
BALLS and M stake daily and you earn more based on how many you hold. It's called minting
CPU Web Mining for 🕸️ Token on BSC
only available on webmining.io
MisO69
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Merit: 1005
My mule don't like people laughing
Re: Coins that generate coins
November 07, 2014, 09:07:23 PM
#5
Quote from: bitcoinrocks on November 07, 2014, 03:47:06 PM
NXT generates more NXT through the forging process.
SWARM generates other coins through the dividend process (if kept in Counterwallet).
Are there others?
ummm.. you mean like every PoS coin?
Someone made a good thread about high % PoS coins that you could make a living off, if you had enough of them. Lemme see if I can find it for you..
Here it is.
https://bitcointalk.org/index.php?topic=783697.0
If I were you I would just invest in Pinkcoin:
https://bitcointalk.org/index.php?topic=836437.0
Check out their threads, they have lotteries and 50/50 draws. You could win 1Mil pink and be an pinkillionaire!
sensimilia
Sr. Member
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Merit: 251
⇾
Re: Coins that generate coins
November 07, 2014, 11:53:13 PM
#6
https://bitcointalk.org/index.php?topic=778720.0
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DrGrid
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Re: Coins that generate coins
November 08, 2014, 12:56:10 AM
#7
Gridcoin has Supernodes that support the Node infrastructure of other coins and you may be rewarded as well in these other coins.
Bitrated user: DrGrid.
sadface
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Re: Coins that generate coins
November 08, 2014, 09:22:29 AM
#8
nxt doesn't generate coins. there is a fixed supply that will not change. forging a block will reward you with transaction fees, those are not new coins.
BitJohn
Hero Member
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Merit: 1001
@Bit_John
Re: Coins that generate coins
November 08, 2014, 05:30:45 PM
#9
Quote from: bitcoinrocks on November 07, 2014, 03:47:06 PM
NXT generates more NXT through the forging process.
SWARM generates other coins through the dividend process (if kept in Counterwallet).
Are there others?
Like some of the others have said all Proof Of Stake coins creating coins by holding. In some ways similar to earning interest.
DarkhorseofNxt
Sr. Member
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Activity: 252
Merit: 250
Re: Coins that generate coins
November 08, 2014, 05:33:33 PM
#10
Quote from: BitJohn on November 08, 2014, 05:30:45 PM
Quote from: bitcoinrocks on November 07, 2014, 03:47:06 PM
NXT generates more NXT through the forging process.
SWARM generates other coins through the dividend process (if kept in Counterwallet).
Are there others?
Like some of the others have said all Proof Of Stake coins creating coins by holding. In some ways similar to earning interest.
I am not sure if i get you. How does a transaction fee considered creating coins? When total supply of coin is fixed, where did you get the coin creation?
Join us today @
http://www.nxtforum.org
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BlackMarket
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Super Smash Bros. Ultimate Available Now!
Re: Coins that generate coins
November 08, 2014, 05:57:30 PM
#11
try nodecoin, you can start forging now. no 0 block or 0 fees.
forging doesn't based on how much balance. to forging just let your client open with balance minimum 500,000 node.
and waiting to forge random node.
currently 1 node 60 satoshi
3x2
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Activity: 1526
Merit: 1004
Re: Coins that generate coins
November 08, 2014, 09:03:33 PM
#12
Like blackmarket said Nodecoin is also have a forging method and no empty blocks + no blockchain bloat.
jabo38
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Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
Re: Coins that generate coins
November 09, 2014, 02:00:31 AM
#13
Quote from: bitcoinrocks on November 07, 2014, 04:31:12 PM
"generates" could be replaced with "gets" in my original post.
"Earns" might be better.
Catapult is the most advanced open source blockchain with the most features! Crosschain txs in SDK. MongoDB and API server with every full node. Multilevel multisig supported by fully decentralized API. Send many coins between many people in only one tx in one block with aggregated transactions.
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