Post
Topic
Board Announcements (Altcoins)
Re: Slimcoin | First Proof of Burn currency | Decentralized Web
by
eddycurrent
on 11/12/2019, 11:16:32 UTC
Like it! I would introduce the following small changes:

"Its Proof-of-Burn (or virtual mining) algorithm, that by the recent estimates provides up to 39% of yearly profit, grants to everybody the possibility to mine coins without any specific hardware and with a minimal computing power employed. It also contributes to a balanced power structure without an almighty elite and to a clean environment for future generations"

(the "hassle" part is imo not that important as it's more or less the same that the previous sentence, so one could use the space to refer to another advantage)

"The economic model that is behind Proof-of-Burn mechanism is not within the get-rich-fast trend, but rewards long-term involvement. So Slimcoin has a potential to shine should the traditional coin’s markets become saturated."

(to specifically include the phrase "long-term involvement", or, if you like it more "long-term investment")

Thank you very much for your comments! Let's wait another day to see whether someone else has anything to add and then I'll send it to Freiexchange with you corrections.

I'll try and have a look tonight and get back to you.
I had a bit of a look and it looks pretty good but the second to last sentence caught my eye. I wonder whether this, "Along with the unique mining algorithm Slimcoin offers the ASICs resistant CPU mining algorithm and PoS." Should instead read "Along with a unique mining mechanism, Slimcoin offers the ASICs resistant CPU mining algorithm dcrypt, and PoS at 10% (might want to check this)" I thought it would be good to actually mention the algorithm's name to interest people  and I that using the word mechanism over algorithm would just make it a clearer distinction. Also, you may want to consider using the word minting over the word mining in some cases. Just some thoughts anyway. Feel free to ask for clarification if you need or to ignore if you think the original is more appropriate.