Post
Topic
Board Pools
Re: [90 GH/s PPLNS] BitMinter.com *** Merged Mining! ***
by
DrHaribo
on 17/01/2012, 18:06:04 UTC
Devcoin - I don't know if I believe in that one. A coin where some central dude gets 10% of the minted coins, and he decides how to distribute 80% of the coins to "developers" by some criteria I don't know about. The last 10% goes to miners.

And also, why would anyone pay for those devcoins? Because they want to donate to open source? Just send bitcoins instead. If you send bitcoins, 100% of your donation goes to the developer.

If miners here want it I could implement it even if I don't understand the purpose of devcoin. But I'm also worried about a 51% attack being very easy against such a tiny coin. Wasn't there recently some sort of attack against a new coin?

If you go to devcoin.org you see devcoin has its own pool at pool.devcoin.org. Strangely it says "You are here: BitMinersUnion.org - Pool Statistics". BitMinersUnion? And also "Pool Hash Rate: 0 Ghash/s", "Active Workers: 1". There seems to be only one dude mining?

I think it could be cool to have some more coins or other bitcoin-like commodities in the pool. But I just wish the bitcoin clones would have some real purpose and novel features. Well, maybe I'm mixing up purpose and profitability?

Any thoughts, everyone? Devcoin? Litecoin? Others?