roadbits
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Activity: 1092
Merit: 1000
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January 13, 2015, 06:15:27 AM |
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are an interesting concept ,I'd be curious to see how that works.
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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mikerbiker6
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January 13, 2015, 12:43:39 PM |
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If I continuously seed torrents can I make a bunch of coin?
Sure, if enough people want to download your stuff. |
Participate and Earn on the Letstalkbitcoin forum letstalkbitcoin.com
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mindrust
Legendary
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Activity: 3248
Merit: 2433
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January 13, 2015, 12:46:36 PM |
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The best idea of a coin i have ever heard.
This might be the replacement of bitcoin that everyone is waiting for.
I wish you best of luck.
Please buy an island and form your own republic there. I want to be your citizen. ThePirate Island.
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mistercoin
Legendary
Offline
Activity: 1042
Merit: 1000
https://r.honeygain.me/XEDDM2B07C
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January 13, 2015, 03:37:41 PM |
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Go for it brother. Very sound idea. Do you have any technologies in mind to build upon thus far?
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JohnnyBTCSeed
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January 13, 2015, 04:22:31 PM |
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This project looks exciting, i will def be following.
A few suggestions:
As a regular torrent downloader i must say that as a rule i never download anything that requires a fee, it just goes against the basic principles of torrent network. (Sharing is Caring 😄)
However if you setup the client to allow a new or broke user to participate first, to get some coin, to then make the dl of their choice i could see myself using this. Ie: allow the client to randomly, for free, dl a heavily traded torrent. Once you have uploaded, (participated), enough you earn some coins to get the dl of your choice. This method would hopefuly not disenfranchise anyone and encourage participation from the getgo.
Suggestion number 2. If you find some way to hide ip addresses or make it anonymous then you have a real winner.
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SecretsOfCrypto
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January 13, 2015, 04:24:24 PM |
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If I continuously seed torrents can I make a bunch of coin?
Sure, if enough people want to download your stuff. That is really exciting  |
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mistercoin
Legendary
Offline
Activity: 1042
Merit: 1000
https://r.honeygain.me/XEDDM2B07C
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January 13, 2015, 06:17:33 PM |
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This project looks exciting, i will def be following.
A few suggestions:
As a regular torrent downloader i must say that as a rule i never download anything that requires a fee, it just goes against the basic principles of torrent network. (Sharing is Caring 😄)
However if you setup the client to allow a new or broke user to participate first, to get some coin, to then make the dl of their choice i could see myself using this. Ie: allow the client to randomly, for free, dl a heavily traded torrent. Once you have uploaded, (participated), enough you earn some coins to get the dl of your choice. This method would hopefuly not disenfranchise anyone and encourage participation from the getgo.
Suggestion number 2. If you find some way to hide ip addresses or make it anonymous then you have a real winner.
Or it could pay you a small amount for uploading your own torrents, and more seeders = more payments to a cutoff point. That way it would give incentive for folks to upload their own media/books/software etc, while starting you off. Another way could be that every new user gets 'x' amount of coins starting off, and they can use them to download what they want (with the payment you just used to download getting dispersed across seeders), then seed, and as you seed what you download, and your ratio increases, others fees are dispersed around to seeders again.  |
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JohnnyBTCSeed
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January 13, 2015, 07:04:20 PM |
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Suggestion #3
It would be great if the client also created incentives for people to seed older less traded bonafide content. Maybe the client randomly places or suggests older content , for seeding, that doesn't get traded as much. Maybe these older files get a larger payput as not as much trading happens. This type of method might ensure that classic material continues to get supported.
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Voidcrafter
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January 13, 2015, 09:40:37 PM |
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If annonimity could be implemented that would be a huge thing too anyways is there any estimate on when this could be released ? |
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PonyBoy (OP)
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January 15, 2015, 03:58:41 PM
Last edit: January 15, 2015, 04:23:08 PM by PonyBoy |
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If annonimity could be implemented that would be a huge thing too anyways is there any estimate on when this could be released ? I'm thinking about 2 months. Trying to get some people on board, got a few people interested in helping but they are afk or offline alot. Part of my problem is my full time job, I'm contemplating taking a sabbatical or quitting to work on this. I know it has a ton of potential. If done correctly it will make every public torrent tracker obsolete. |
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PonyBoy (OP)
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January 15, 2015, 05:04:29 PM |
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Working on a mock up. I'll upload images as I make them.  |
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Xaltotun
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January 15, 2015, 05:29:44 PM |
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Just curious, do you have any relations with The Pirate Bay? Or are you just using their brand? Do you have any plans to support them with this endeavor?
I like your idea and am following this thread but concerned that using their name will distract from your mission.
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hussar
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January 15, 2015, 06:50:42 PM |
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very well thought out, good luck.
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Equate
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January 15, 2015, 07:10:13 PM |
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Any ETA for wallet release ? and do post more updates about the project development.
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PonyBoy (OP)
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January 15, 2015, 07:15:21 PM |
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Just curious, do you have any relations with The Pirate Bay? Or are you just using their brand? Do you have any plans to support them with this endeavor?
I like your idea and am following this thread but concerned that using their name will distract from your mission.
I know a few people personally who have worked with tpb in the past, using the name isn't an issue. tpb even released the code so anyone can start their own pirate bay. https://github.com/isohuntto/openbayThe goal is to make TPB immortal. They have been very resilient in the past but making this "coin" will make it impossible to take down making it, in essence, immortal. |
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Xaltotun
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January 15, 2015, 07:23:14 PM |
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Just curious, do you have any relations with The Pirate Bay? Or are you just using their brand? Do you have any plans to support them with this endeavor?
I like your idea and am following this thread but concerned that using their name will distract from your mission.
I know a few people personally who have worked with tpb in the past, using the name isn't an issue. tpb even released the code so anyone can start their own pirate bay. https://github.com/isohuntto/openbayThe goal is to make TPB immortal. They have been very resilient in the past but making this "coin" will make it impossible to take down making it, in essence, immortal. Nice, I did not know that. Thanks for clearing that up. Looking forward to your progress. |
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PonyBoy (OP)
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January 15, 2015, 09:47:40 PM |
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PonyBoy (OP)
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January 15, 2015, 09:59:36 PM |
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mikerbiker6
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January 15, 2015, 10:01:48 PM |
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Good job dev!
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Participate and Earn on the Letstalkbitcoin forum letstalkbitcoin.com
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PonyBoy (OP)
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January 15, 2015, 10:17:06 PM |
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Keep in mind that these are just mock ups. The wallet is not done.  Still looking for talented devs to lend a hand. I'm working on a way that I can take a sabbatical or quit my job and still be able to pay the bills while I work on this, It would get done so much faster. I have a few ideas, first is advertising. I'm going to whore out the OP, website, and Wallet. Yes, I said I'm going to put an ad in your wallet. Its the cost of keeping it free. We have also talked about selling a physical coin or pendant with the coin logo. This way we can make some initial funds available to compensate anyone that contributes. PM me if you would be interested in buying a physical coin or pendant and I will add you to the notification list. |
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