Post
Topic
Board Alt Coins (India)
Re: Solution for low bitcoin volume in India (FeatherCoin FTC)
by
Benson Samuel
on 06/05/2013, 05:00:15 UTC

Creating  another  fork of a  alt coin is  easy, but the usability , acceptance, and overall new users  is hard to gain. if  a  desi coins  is  created, the first problem is  the  people  using  in india  would  be low. miners from  outside the country  would have a instant  monopoly on the generation of the coins.  hard for  exchanges to  accept the  coin until a  certain  user numbers  are  reached. New alternative  desi  coin  can  only  work  once  the user base  of   crypto currency  increases. p.s - i'm not a ripple  fan.


I took a look at the Litecoin code yesterday. It is about a months work for someone like me to fork with very minimal exposure to C ++.

Anyone else who can fork LTC to make an Indiacoin in a faster timeline would be awesome.

We can manage a strong marketing campaign to gain adoption of this as it is based on CPU/ GPU mining.

If it fails, would have atleast been a good project to try. Smiley