Post
Topic
Board Announcements (Altcoins)
Re: Slimcoin Official thread. First Proof of Burn cryptocurrency. New Bounties 2016
by
d5000
on 24/07/2016, 18:55:36 UTC
and what now ? "to be or not to be ?"

Fundamentally, nothing has changed since Bter has removed Slimcoin from its exchange. The network is pretty stable now, but the annoying bugs are still there.

I for myself will keep running the slimcoin daemon, even if currently the units are not worth "nothing". Because if PoB and PoW difficulty gets really low, I would be able to mine and mint all the coins necessary to offer a really generous bounty to a developer, e.g. >10% of the supply. That could be enough. (I've seen an offer from a dev that is offering "being a dev as a service", but he/she requires 20% of the supply.). And the daemon is not eating that much resources and the blockchain is small.

As I said in the answer to johnnylatte, if there are people interested to "restart" Slimcoin with a reasonable premine for a "developer's fund" I will support them. But it should not more than 20% of the expected supply after one year.

An interesting idea would be a "burnt premine:" Developers would get an address with a high "burn score" (e.g. 1 million coins burnt). So they would get income regularly but not all at the same time.

For exchanges, we could try Bitsquare (a descentralized exchange). It should be easy (and free) to get added, but they remove coins with no trading activity. Or some Slimcoin whale pays the 0,1 BTC YoBit fee. It's not the most important thing for the coin to survive, but it could be important to rise attention.