Post
Topic
Board Announcements (Altcoins)
Re: [ANN] TopCoin, Unique coin with rapid Block Halving (2 Days)
by
Davethedestroyer
on 08/02/2014, 16:13:22 UTC
Once the block reward is near 1, I believe by then hopefully the community has created a desire to have the currency.  This is usually done by some popular trading/bartering website, casinos, reliable fiat store and so on.  I would say reddit bartering for steam games and such is usually a good start.

Yes, but even if we have one of the most popular altcoins, the math clearly says that it still cannot sustain a network that can prevent easy 51% attacks. That's my whole point. Raise the minimum then this problem goes away. We don't have to raise the minimum by a lot, the essence is still preserved. Trust me, I want this coin to succeed as much as anyone, I have a modest sum of 25 mil, but if nobody takes the math seriously, I will have to bail until the community decides to come to their senses.

I completely agree with you on this and it was the first thing I thought when looking at the specs for this coin. It didn't stop me from mining it though because it would be so easy to just up the 10x 100x multipliers and fix the problem.

We've got a growing subreddit with a tipbot and were starting to drum up interest, but this issue will eventually drive away the miners who know what they're doing.

I think its time to fix it.