Post
Topic
Board Altcoin Discussion
Re: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools
by
bansal
on 30/08/2011, 16:32:36 UTC
Solidcoin won't fail. Coinhunter has done really good job setting this game up Smiley. The same people talking crap now will be shooting themselves in the head in 6 months knowing they could have bought at these prices. I think all cryptography will have a place in the future, and anyone thinking there is only room for one is a fucking moron.

Pardon my french...

I agree, the objection to SolidCoin and all the other forks seems to be more of a moral one rather than an intellectual one.  It's basically "Satoshi was a genius, what have you done?  Why should you make any money?"  I agree with most of what CoinHunter has done, except for the lower number of coins.  This whole Bitcoins/Solidcoins/whatever scarcity tactic is BS.  Once difficulty or prices get too high, somebody will create a fork.  I could create more solidcoins today by taking the existing code and creating a new genesis block.  They wouldn't technically be SolidCoins, but they would accomplish the same thing and work exactly the same way.  So I don't really see what limiting the supply of coins accomplishes, it actually makes it more likely to fail in the long run in my opinion.