Post
Topic
Board Altcoin Discussion
Re: Hypotetical question: you have a mineable coin,miners take it all?
by
MisO69
on 22/03/2016, 21:55:28 UTC

i just mean,how can you avoid the available coins to not be taken by 1-2 individuals and make the distribution more fair?

the whole idea is this:

#avoid it being taken by the few,but powerful miners
#make it available for most people without the need to buy it from the top 3 miners?
#make it live for a long time to avoid pump and dump,that so many coins fall victim to.
-snip-

Give people a reason to mine it.
Have some innovation or backing around your coin you will attract a larger crowd.
Get some help from the crypto community in marketing the coin.
Be completely upfront and transparent about everything.
Launch it with a countdown during a time when most of the world is awake.
Have a roadmap for the coin and follow that roadmap.
After the coin is launched don't change anything in terms of supply, emission, consensus mechanism etc.