now, I wish you the very best... fair enough article, nice and short...
...that 'reserve' thing and especially
providing, promoting & maintaining a multipool are an important step to keep that thing at least running
(that'd mean, being ahead of min. 85% of the other altcoins after, say a year ^^)
how stable it will turn out to be will largely depend on demand. and I mean that sort of demand,
coins like bitcoin or darkcoin are creating in their user environment. and undoubtfully, there are already
users... only hitting a market and beeing shifted around is like juggling futures... and some of these commodities
even don't exist (yet, are well hedged) ^^ ...just 1 rule: play at will. you leave late, you pay the bill.
stability only comes with demand.
- multipool (good 1st step!)
- merchant gateway
- stable and agile network (singleboard nodes/wallets will be a major boost for p2p in near future. target on that)
- simple to use features with some real or even outstanding value (esp. for target users in some niche).
- supported with hardware! hardware (even if optional) provides something you can actually touch! game changer.
...but foremost important still is only one thing, are people'* willing and able to use it as if it's -> money?!
('*people != believers and nerds, digital banksters, prospectors, profit hunters, the daft and the curious)
those few cryptocurrencies currently 'in use' - and even if it only happens within a local reach or the targeted
busines sector... those few altcoins are used to actually create 'real world' transactions. 'value' in exchange for
service, commodities, or other value-keeping items that suffice in trust and certain other requirements.
if cryptocurrency can provide features similar to fiat, chance are good that the global perspective on fiat money
and centralized banking will change one day not too far in the future. and once it's around, it might even happen
pretty fast.
yet, presumably that day is still far from being considered 'around the corner'...
if you want to put some serious work into that coin, go for technology with a future.
- smart contracts (ethereum, codius, halo...!hot)
- coin mixing, ofbfuscating
- multisig wallets (security, lightweight escrow...)
- use technology where p2p excells... name- peer- gridcoin, whatever... just imagine: decentralised,
transactional, turing complete, high secure, autonomous working, anonymous... everything.
- use hardware! singleboard- and wearable-size pcs (cold or hot wallets, coind nodes, p2p cloud whatever, etc.)
consider the community regarding a coin as experiment, sort of game, marketing trick,
or 'not a joke anymore' (spelled: scam) if not one of the above (or somethin comparabel)
at least is transparent to be a central objective. and I'm speaking of community (men with
a mission
) ...not the remaining ~95% mainstream branch of society. again, they
are tremdously amazed by those little hardware gadgets
however, all the (sta)b(l)est
-----
this book has been written in front of a live audience