Post
Topic
Board Announcements (Altcoins)
Re: [ANN][New Coin][NUMERARE]
by
NUMERARE
on 12/07/2018, 22:12:30 UTC
Infinite supply, bold claims of "things set up for the next 10 years", no whitepaper...

Good bye!
Cheesy


Thanks for your input. Please note that as per the original post, we have a site which specifies a few things that we have in the making, all of which can be found on the website (https://numerare.org/). The main developments are provided on the road map section which should provide you with an overall understanding of what it is that we are trying to develop, etc.

As for the whitepaper, this is something that is still being worked on. As you can imagine there is going to be a fair bit of information due to the customisation for Numerare. Due to this we felt it was better to have the coin readily available and announced to the public rather than keep on testing with an internal group of public users on Discord and all people that readily discovered it through GitHub. As you can imagine, people are already surprised that there has been a 70k blocks mined, leaving it later to get a whitepaper available doesn't make sense in the grand scheme of things.

If you do change your mind (and we hope you do), you know where we are, but thank you again for your input, providing constructive criticism and I hope we have managed to answer your concerns.



considering mining but 70k blocks already mined why should i mine this coin?

Good question! From a simple how much you will be able to mine point, at the moment the difficulty isn't, well, difficult. At the moment we have 3 mining pools set up that are our own which are readily available for people to use as well. As Grim_Jack mentioned in a previous quote, they is still mining now and happily generating enough blocks to continue. If you would like to even test it, please feel free to stop by our Discord channel (https://discord.gg/qg89krU) and we will be glad to assist.

One a side note, mining pools. We haven't developed the necessary tools to be able to allow people to apply their own pools for a few reasons, mainly because we are making sure that there aren't any transaction fees as well as a few other things. This is currently a work in progress and will be announced as soon as it is ready.