Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Multi-algo][MASTERNODE] Freecoin (FREE)
by
Blockchain Five
on 30/09/2017, 18:18:37 UTC
Nice! I am in love with masternodes! Will you be coding this coin yourself?

How many coins do you intend to have for each masternode, I mean what requirement will there be for each MN? do you also know what the maximum coin supply will be...?

Could we get a coin that is asic resistant and can only be mined with graphic cards? that would be nice because then I can also mine it with my own systems, not that I have many but still.

No. I can peer review code but not Dev by nature. Concept man by nature.

My question was posted above asking if better to get Dev from scratch or leverage off blockchain minting tech that is already available then dev/fork off that.

Time is also an asset in this project as i have spent the past three weeks pumping up the flat tires of other masternode coins and am over it.

I think this coin needs minting asap as then I can give free masternodes to those who want them, then we can put all these questions to vote through the masternode system.

I would like the supply to be variable and controlled by masternode vote. As some will say too little too much etc.

Also how we deal with ASIC is not to exclude, but to raise difficulty so they can only earn the same as GPU/CPU if you think that it costs maybe 3 grand for ASIC miner and to come close on GPU/CPU usually 30 grand of gear??? So then there is your first ratio 10:1 in attempting to balance the efforts of both camps.

Then after that is pool resistance as both use pools, and pools smash and pimp small coins fact, but we will deal with that!

I can say that projects without a physical asset backing the token tend towards a smaller total supply from experience.

The asset/value of Freecoin will be clean modern code, superior masternode controls etc..

how many coins don't even have that is amazing and they have a cool half milly cap no sweat.

Like Dre said getting the mansion is the easy part, keeping it is the hard part.

Likening this to crypto is ongoing survival, constant increasing value of a decent coin concept.

There should never be a time a masternode vote should not be able to choose coin variables...

Remembering that if this coin survives or get a full commercial fork it will be well worth it.