Quote from: vondi1122 on June 21, 2015, 12:14:37 PM

Quote from: skillface on May 31, 2015, 04:44:59 PM

I say do whatever - I'm done.

This coin's been dead for too long.

Selfquote, this is what i wrote Andy aka Slimepuppy 4 months ago:

Quote from: vondi1122 on February 09, 2015, 02:03:08 AM

Hey Andi,

there's one thing that bugs me with catcoin:

According to http://catcoinwallets.com:2750/chain/Catcoin?hi=16499&count=500 the first 814.000 Catcoins were mined in 24 hours, with an appropriate starting diff and difficulty adjustment right at the beggining this wouldn't have been the case. Those 16279 blocks given an average block time of 10 minutes each would've taken 113 days instead to be mined if the difficulty parameters were adjusted appropriately. This was not the case and additionally the release of this coin was rather questionable (delayed start, only linux wallet available first etc).

Because of the rather scammy and shady altcoin releases in end-2013, I hoped to finally join a "fair" coin, a community coin. But instead I have the impression that again some smart boys snatched big chunks of the pie and don't even bother to get involved with the coin (no interaction in Catcoin thread, no faucets etc). I have the impression, that getting involved with this coin mostly benefits the clever early snatchers.

What's your take on this?

Hope to hear from you
vondi1122

Cheers

My take is early-on a bunch of people insta-mined Catcoin, and didn't contribute much of anything, except possibly some just-as-shady promotion.

So if we want to be taken seriously, we need to address two things:

1) hashrate-proportional distribution of block rewards
2) address the early-instamining concerns.

Figuring out 1) is both technically challenging, and controversial. (if you happen to remember discussions about block time or rewarding loyal miners)

I think we might be able to address 2) by implementing Demurrage (which, I think, for Catcoin, should be called Depurrage), and since Freicoin has code that does this, I'd say it's a relatively minor technical change to borrow their code. This leaves the controversy. Would anyone run a hard-fork upgrade in which coins lose value over time? (see http://p2pfoundation.net/Freicoin#Why_Demurrage )