Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GAP] Gapcoin - Prime Gap Search - New Math Algo - CPU / GPU - Zero Premine
by
SinbadGuthrie
on 30/08/2020, 22:35:43 UTC
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tbh, I don't find this kind of btc convo at all rewarding. You say you struggled with the concept of demurrage (https://en.wikipedia.org/wiki/Demurrage_%28currency%29) and how it pertains to Freicoin (http://freico.in/), I can't really help you there other than to suggest that perhaps you might refrain from ungrounded opining (either disparagingly or encouragingly) on things that you don't understand..

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Your negative attitude epitomises the point I made about operating a cryptocurrency exchange being a thankless effort. The technical aspects of operating a cryptocurrency exchange are  most unlikely to interest someone with technical skills, rather the opposite. It'd basically be a labour of love, maintained in the face of countless kneejerk disparagements from people with very little skin in the game.

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Your rephrasing of my challenge casually elided the key aspect - a practical definition. Unfortunately, "productive" and "does something with its hashing power" are dismally vague failures in that respect.

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Those are confident statements but unfortunately are either based on zero evidence or fly in the face of any existing evidence (Gapcoin has 17 known nodes according to chainz, out of that slight population, where'd you get the idea that "a lot of people mine gap coin"? I'm disinclined to devote effort to disabusing you of your misperceptions and ungrounded opinions because you don't seem to have put in any significant effort in forming them.

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Your ungrounded opinion is too unformed to merit or facilitate any more specific rebuttal. There isn't much one can sensibly respond to such hand-waviness as "Once ai science coins developed which produced a valuable commodity i.e., math or science discovery,"  Your statements clearly advertise that you have little or no knowledge of the underpinning "ai" technology being touted so you are unfortunately in the position of basically shilling for the next generation of shitcoins, ironic as that may seem.

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Nor do you have any idea of how much work is involved in that figuring out, yet that doesn't seem to inhibit you from pontificating on how it'd be a good thing. Take the hint - it's not quite the no-brainer that it might seem.

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Promises, promises Smiley But yes, let's call it a day, it's not exactly a productive discussion.

Cheers

Graham



Re demurrage, Freicoin
My point was that it was a coin that somebody put a lot of political thought into, but it isn’t a coin that anybody does or will use.

Re ‘an exchange would be thankless’ etc
You are trying to speak for a lot of people, generalizing against this kind of exchange, but you should at least have sense enough to limit your disparagement to ‘not something I want to do’, rather than broadly discouraging the idea of a mathcoin exchange.

Re practical definition of ‘decent coin’
Coins, like most things, are something a person learns about over time. A new person has no idea what is a good coin or a bad coin. If you want to pretend that you have that ignorance too, that’s up to you. Some coins have productive algorithms. Some do not. Some coins are emitted fast to enrich the original developer. Some are not. Etc. The common practice has been to use money and pump crews to encourage the popularity of shitcoins, Ethereum paying cmc to remove the premine asterisk, endless worthless coins buying their way onto exchanges etc. If you need to have a well articulated version of ‘useful algorithm’ ‘fair emission’ etc I can’t help with that.

Re Gapcoin has 17 nodes
Finally you win a point. I haven’t looked at the cryptoid page in quite a while. I think I was the original sponsor of that page but a I’m not sure. When I was last active with gapcoin there were a boatload of nodes from universities and many dozens of different countries. I’m glad btcfx and username7 and you and others have been keeping it up, and I wish you all very well with it. My suggestion again would be to make a trading page that anybody can trade between dozens of math and science etc coins, and then promote that page or exchange. But do as you like.

Re ai
AI is a wide open field. It is developing in a hundred different directions, and I’ve latched onto the path that I think should be promoted and which I think is likely to dominate eventually. That is the use of taskwork networks to constantly modify or refine algorithms to develop sciences. Gapcoin is an example of a simple algorithm that develops one tiny aspect of one science. It produces a simple commodity, data which was previously unknown. Once there are more sophisticated productive coins the commodity they produce, data or ‘scientific development’ or whatever you want to call it will be significant. If you think you know more than me about what I am encouraging you should first step back and think. I may not be pleasant or articulate but most of my long shots eventually pan out. You only have to ask a question if I word something poorly.

Re ‘pontificating about how it would be a good thing’
Seriously? Are you saying there is some question about whether making coins like gapcoin more accessible via an exchange would be productive? Or are you again whining about how technically difficult it would be? Again, go look at the Blaketrader that somebody, one person, made around 2014. Simple website. Decide which two coins you want to trade. One person did that to support that group of coins in their spare time. I’m not talking about building Binance or Huobi. There are maybe 20 or 30 good math and science coins. If you can’t do it fine. I can’t either. But a lot of people can. Hopefully at least one of them will.

Re ‘promises promises’
Adios. If I notice something that I think needs a response I’ll respond.