Quote from: SigmaDev on May 27, 2017, 04:57:21 PM

Quote from: KingScorpio on May 27, 2017, 04:56:02 PM

Quote from: SigmaDev on May 27, 2017, 04:50:27 PM

Quote from: KingScorpio on May 27, 2017, 04:47:28 PM

Quote from: SigmaDev on May 27, 2017, 03:57:39 PM

Quote from: KingScorpio on May 27, 2017, 03:49:03 PM

it is not important that the currency will have a finite supply important is that u can get enough important people on your side which will promote the currency in a way that it will receive common accepted value

Also remember that a finite supply does add security to users, so they know that there coins wont be devaluated, and does present the idea of scarcity, the thing that makes things valuable.

it did indeed when the first cryptocurrency was issued which was called bitcoin because people didnt wanted to replace their fiat banking elite with a bitcoin elite but the problem is that u will otherwise have mutliple currencies, what i would like to know is: does bitcoin has some kind of source code which someeone could theoretically use to increase its supply?

we need an own forum to further construct this cryptocurrency

that would be almost impossible, all of it is open source with a block explorer, everyone can see what code is exactly run on the client and nodes? 100% transparent

so all miners are constantly running a programm which summs up all existing bitcoins in all accounts and checks weather it is still the same ammount?

yep, its called the blockchain

ok and how u want to run our new currency?