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Author Topic: What Would You Want In A Coin? - 2015  (Read 1799 times)
Netnox
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November 20, 2014, 11:24:26 PM
 #21

Simplicity and it's use making sense. Check out Gems, the common person will love it

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November 20, 2014, 11:26:35 PM
 #22

There are programming limitations with higher numbers unless you are only fine with two or three decimal places.   Otherwise I actually agree with your points with the supply. 

What is the programming limitation in total places?

There aren't any, so I'm not sure what limitations he may think there are.

I'm assuming the poster isn't a developer and has made an assumption based on the reading of some potentially incorrect document.

BigInteger/BigDecimal math solves any ranging "issues" you might encounter quite easily, for any number you might dream up.

So long as you aren't wanting to perform many operations on very high power numbers (10^1024 etc) the performance hit is negligible.


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November 21, 2014, 01:28:06 AM
 #23

Simplicity and it's use making sense. Check out Gems, the common person will love it

Could you please provide some more information about it's use making sense.

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November 21, 2014, 08:08:46 AM
 #24

1. No mining for profit.  Mining is the biggest scam out there.  There largest owners will protect the coin.  Now that IXC lost its reward, it is still protected!

2. There could be a mining reward to prevent overloading the chain.  I suggest this transaction fee is deleted.

3.  100% premine is the most moral way to run a coin.  The creator owns the coins and distributes them how he sees fit.  Hopefully he might get 10% to the exchanges so they keep his coin on it and also protect it.  They also get a fee for each exchange so they can make money the moral way by offering a service as a choice.
Netnox
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November 21, 2014, 02:36:58 PM
 #25

Simplicity and it's use making sense. Check out Gems, the common person will love it

Could you please provide some more information about it's use making sense.

The common crypto we see with fancy features won't be a gateway for 90% of users which are the common people. These Cryptos are hard to get your head around, why go far, even Bitcoin is hard to understand for the average person. I speak from personal experience, the average person doesn't really care a lot because it's pretty complicated for them to use. Gems is targeting to get these people in the Bitcoin ecosystem by making use of Crypto as easy as possible, powered by Counterparty, built on top of Bitcoin which means it uses Bitcoins block chain and so will have a solid foundation. Transferring value through social messaging makes use Crypto transactions as easy as possible, the simpler you make it the more it will catch on. When i am chatting with you i can send you Gems/Bitcoin like sending a message, that's why it makes sense and it's also something people are familiar with.

http://vimeo.com/106725097

http://www.youtube.com/watch?v=TdNc8RSyft0&t=8m20s

thomastaylor
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November 21, 2014, 09:28:34 PM
 #26

- Simple to use on almost every device. Even somebody without any experience should be able to use it.
- No POW!
- Should be able to run on older laptop.
- Should have an integrated exchange.

"There are occasions in life when financial caution gets tossed out the window," he added, "son. That's all water under the bridge.
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November 21, 2014, 10:15:43 PM
 #27

I would like it to have passed the stage where it is very likely to fail, it has to be secured, not centralized, the number of coins has not to grow to fast.
Bitcoin is the best coin by far

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November 23, 2014, 11:28:59 PM
 #28

Simplicity and it's use making sense. Check out Gems, the common person will love it

What do you mean by its use making sense?

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