Post
Topic
Board Altcoin Discussion
Re: [ANN] MemoryCoin | CPU Only | Trade on Bter | 5% Reward Reduction Per Week
by
MrJiggledaddy
on 30/08/2013, 00:23:49 UTC
Coming at this from the point of view of a relative newcomer to the cryptocurrency world, while I really like this coin, it has a few things going against it right now that I'd bet are the reason it isn't seeing the adoption rate of other new coins  (just giving my opinion, hopefully it'll help).

1)  only one small-ish exchange currently carrying it.  any update on efforts to get MEG on cryptsy/mcxnow/etc.?  If we as a group help to increase awareness and demand by asking for inclusion on exchanges, it should help speed up the process.

2)  comparatively unreliable client + no pool.  I can only hope Freetrade is hunting down the instabilities, and for the pool I think we need to start a grant (I would have already if I knew how) simply to stockpile coins as a reward for someone to make a pool.  Eventually the reward should be large enough for someone to actually do it.

3)  almost no publicity, which in the face of XPM, QRK, and newly released SRC (granted just a better organized QRK), is making difficulty plummet right now.  I think a lot could be done on this front just from periodic development updates (I wouldn't even understand most of it, but guaranteed it makes your average user feel better knowing that the dev is actively working on things, not to mention the updates would be a nice bump in the forums)

4)  lack of information on voting system.  There are some decent guidelines, but for me the explanations still leave a lot to be desired (hell I don't even know if sending Satoshis is referring to sending BTC or MEG to the target address, but I'm a newbie at this stuff).  For this kind of feature to be truly highlighted and showcased, you'd need to figure out a way to incorporate it into the miner GUI for ease of use, at least the voting part (probably not the easiest thing to implement, but it'd do wonders for public adoption and encouraging voting).  There definitely needs to be a central forum where grants/proposals are listed, so people understand their options.

Again, just my opinion, and if there's any way I can help I'd be glad to.  Beer time.