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Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > What do you call a coin where all the blocks are generated in the first block ?
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Author Topic: What do you call a coin where all the blocks are generated in the first block ?  (Read 1367 times)
Bitcoin Oz (OP)
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June 23, 2012, 09:24:39 AM
 #1
Genesis Bucks

 Grin
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 23, 2012, 10:24:03 AM
 #2
booooooooing ! Cheesy
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Bitcoin Oz (OP)
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June 23, 2012, 01:15:47 PM
 #3
badum tish  Smiley
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June 23, 2012, 01:23:18 PM
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Doomed to failure.
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June 23, 2012, 02:09:34 PM
 #5
A coin where all the blocks are generated in the first block? Of all the crazy ideas for reducing blockchain bloat, this one ranks somewhere in the middle.
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June 23, 2012, 04:14:20 PM
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SolidCoin 4.0
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June 23, 2012, 04:22:37 PM
 #7
Quote from: Nachtwind on June 23, 2012, 04:14:20 PM
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hahahahahahaha Cheesy
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June 23, 2012, 07:28:04 PM
 #8
Quote from: Nachtwind on June 23, 2012, 04:14:20 PM
SolidCoin 4.0

+1 LOL
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June 23, 2012, 08:44:49 PM
 #9
Quote from: smoothie on June 23, 2012, 07:28:04 PM
Quote from: Nachtwind on June 23, 2012, 04:14:20 PM
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+1 LOL

HAHAH +1
Bitcoin Oz (OP)
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June 24, 2012, 01:37:59 AM
 #10
https://bitcointalk.org/index.php?topic=9493.msg423706#msg423706  its been done already with beer tokens. The idea being a corporation would issue all its stock in a blockchain then shareholders could buy and sell them  on an exchange.
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June 24, 2012, 01:38:32 AM
 #11
Quote from: Nachtwind on June 23, 2012, 04:14:20 PM
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lol
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June 25, 2012, 12:27:39 PM
 #12
Bulacoin Wink

1 coin is made and that is divisible to 8 decimal places Cheesy
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June 27, 2012, 01:34:29 AM
 #13
Quote from: Nachtwind on June 23, 2012, 04:14:20 PM
SolidCoin 4.0

+1
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