EDIT : Please read the whole thread as there is more info in later posts.
This coin will not be released until I am confident that everything I am trying to do will work as planned.
An idea recently came to me whilst I was sending some PXC to a friend...
Wouldn't it be great if it were possible to to send a text message with a transaction ? I started sending PM's to people to gauge if this is possible and how it could be done, and I got a lot of encouraging feedback. All I had to do was find someone that could code it. Also I needed to figure out the rest of the coin ; what crypto would I model it after, or would I design something from scratch ?
The first idea that popped into my head, was that the ammount of total coins would be such that there would be at least 100 units per person on the planet, which would put the number at....at least 600,000,000,000
The rest of the parameters are as follows :
Name : Credits
Block reward 10,000 block reward and time have to me like this to get all the credits in circulation in less than 60 years
Block time 30s
Total coin 600 billion 100 coins per person ( everyone on earth )
Difficulty change every 60 blocks ( every 30m )
Start diff 0.1 even if it started at 0.0001 it would sort itself out in 60 blocks ( 30m )
Pre-mine ZERO !
First 1440 blocks 100 credits to make it a fair launch
If I can get all this sorted it will be available to download at least 30 days before relece in an encrypted file with a very strong password
These are the innovations I would love to see implemented :
- A transaction fee of 0.01% because I think a percentage is preferable over a fixed fee.
- Being able to send a 100 character message when sending coins ( for example : a short note describing the origin of the payment )
I do not want this to be another pump and dump coin. I am looking for people to help me implement my ideas, and also contribute to this project in other ways.
( I cant code to save my life but I am learning )
I would be very happy if you dont troll in my thread
I would be very happy to hear constructive feedback
I know my spelling is bad I am working on it ( Joerii edited this for style and spelling )
So what Im looking for is anyone that can help me with my goals... I would like to hear from you !
Thanks for your time I look forward to reading your replies.
Zack
Update :
1- I've been talking with someone to get the logo professionally designed
2 - It looks like I'll be adding the messaging feature into an alternative wallet
3 - Still looking for someone to help code this !
Do you have any idea how to prevent forking especially in the early phases after join?