Post
Topic
Board Altcoin Discussion
Re: [ANN][DUX] Ducat Exchange Coin [PRELAUNCH]
by
Facewreck
on 21/12/2013, 22:23:58 UTC
Wow, the response is much greater than I anticipated.  Sorry about the slow replies, I'm having issues with the post interval limits here. I'll try to address each question/issue below.

I do not think you should make only 2000 coin and premine. That sets off a very bad vibe. the idea is interesting though. Think of more like 20-40 million range. Then premine sounds better. Also, I would like to invest.

I'm not sure I understand what you're saying here?  If you are saying that 2000 total coins (max cap) + a premine is undesirable, I firmly agree with you.  If I was unclear about what I'd like to do above, let me be clear here.  I'd like to have a small premine (to reward supporters and to support development only) which would be a small amount (about 2000 coins).  I'd like the max cap (upper limit) on total coins that can ever be mined to be between 18-30 million (ideally somewhat mirroring BTC).  Thus, the total fraction of premined coins would be negligible.  The aim is not to pump and dump (nor do we want to acquire that rep) but to establish a beneficial, useful, system to ease cryptocurrency trading.

Interesting concept. Any more on your background seeing as a newish account on here?

PS - I'm new, you're newer!


Hello fellow (though more senior) newbie =).  Yes, I recently created a Bitcointalk account (I think on the 18th or 19th) to address an issue with QT-Bitcoin Trader.  I've been a long-time lurker on these forums but I understand that that hardly cultivates confidence.  There is a lot of trust involved in these sorts of opportunities and that's a risk I suppose you'll have to take.  To all major supporters, I'll provide you with my personal information (mainly to facilitate communication) but also to provide you some reassurance that I'm not just going to run away with your money.  Furthermore, if you'd like to get something in writing, I'm more than willing to do that (I come from a family of lawyers and am something of a contractarian).

As far as my background goes, my previous profession was in academic analytic philosophy (specializing in what other fields call "computational semantics" and "mathematical logic").  I have supplemented my professional career with IT consulting and computer hardware work though admittedly my coding abilities are not fully developed.  I've recently decided to switch gears back to my real passion which is in the non-profit world.


http://s23.postimg.org/moh5wzkjv/Convo.jpg


Any coincidence your forum account was created on the same day I sent this message?



Yes, that is a total coincidence.  I was unware that you had a nascent, somewhat similar, though seemingly less worked-out idea.  One interesting observation is that we've both, independently, decided that we've had enough of the altcoin exchanges and that the solution is to be found within the distributed system used by or akin to various cryptocurrencies.  That signals to me that this is an idea ready for fruition.  That being said, I'd like to invite you to be a part of this development and perhaps, if you do have more details about your system, we can team up to produce a superior service.  This is not some attempt to money-grub but to produce a superior service for use by the cryptocurrency community at large.  

Any reason the project on Bitcoinstarter you linked to is not publicly viewable?

Yes, sorry about that.  Two errors on my part.  First, I thought they'd be quicker with their verification process.  Second, I wasn't expecting this quick of a response.  It should be up in a day or two.  Alternatively, you can support this project directly.  PM me for details.