Post
Topic
Board Announcements (Altcoins)
Re: Introducing Cerium Combine
by
TheInfidel
on 01/12/2015, 20:40:59 UTC


great to have you onboard and thanks for the offer of the OFFS, we can certainly look into a way of adding them into the structure.

I was thinking in regards to the new coin we could burn barr? (slightly ironic but hear me out)

everyone exchanges barr into the new coin and then you are allocated a share of the new coin to run the exact same project  that you have ran very well so far with barr (the burning rates you have achieved so far is impressive) you get to clear up the altcoin industry and on top of that you have other people developing new features and ideas for the new coin giving and creating its value, does that sound like something we could do?


Do you mean fully merging BARR into Cerium?  That would be complicated.  

You're only exchanging altcoins for Cerium one time, during December;  is that correct?  

And you're also doing an ICO?  So if we were to get rid of BARR and continue doing the same thing with Cerium, we'd need a fund of pre-mined coins?  

But will the coin still use sha256 PoW?  The way BARR currently operates uses Multi-Proof-of-Burn as the only method of generating coins, and our methods might not be compatible with a simultaneous ongoing generation of coins through PoW.

*Edit*  I see you're using 5% DPOS, which has a similar inflationary effect.   

But there could be more than one way our projects could work together.  

A breath of fresh air to see two entities pondering a possible future co-op as opposed to going for each others throat.