Post
Topic
Board Altcoin Discussion
Re: Stop Creating Coins that have no Developer behind it
by
El Dude
on 06/03/2014, 10:59:13 UTC
I didn't say no-one else does.

Basically who-ever it is that you are not / do not have needs salary. Whatever you yourself are - the founder - doesn't need a salary because they are the idea person whose idea is so great in their own eyes that they are willing to take a year or few living on Ramen sleeping under bridges to spare every penny they have to hire who-ever they need to do the parts they cannot do themselves...

Or if they do need a salary, they get a job, and work on their idea the other 16 hours of each day except the days they collapse a few hours into sleep.

-MarkM-

Yea I agree I'm interested in a hire but? I want someone motivated by something else, that wants to brainstorm and be actively involved in the growth of a coin. Is it to much to ask maybe?

For a crapcoin, also known as a blockchain based coin for which you do not control more hashing power than the rest of the planet, yes.

As such crap is something you simply cannot secure.

Look what happened to Litecoin: a stupid meme blew it away. If that meme had said lets PWN all the scrypt coins instead of saying lets be yet another scrypt coin, boom, it'd be obvious that scrypt is way too insecure, so insecure a stupid meme could come up overnight with enough hashing power to PWN it.

Kind of ironic really, since it had been thought that what was insecure about it was its lack of ASICs, which implied that it was vulnerable to any attacker willing to create an ASIC for it. Turned out all it took to beat its hashing power was a stupid meme, without any ASICs at all.

-MarkM-


lol Buddy Litecoin did not get blown away. Pump and dump coins come and go look what happened to doge and now Aurora.

litecoin hashing power Network Hash/Sec: 132,598.31 Mh/s
dogecoin 76.897 Ghash/s

http://bitinfocharts.com/comparison/hashrate-ltc-doge.html

why does a hero member make false nooblike statements ??