Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SYNC]X11 | POS| 1,000 Coins only | NOW ON MINTPAL
by
Polly Stripe
on 27/05/2014, 23:01:48 UTC
Hmm. Let me think about this for roughly two milliseconds. How many coins out there are completely original code?

Anyone?

Ok, I'll spell it out. Bitcoin and NXT. All others are derivative in some manner. I'm in the midst of compiling hundreds of them, and you know what? They're all pretty similar at base. The innovations, such as they are, are minor things to the code, but can have a major impact on the way the coin performs. These coins are out there for many different reasons, from someone trying to change the world all the way down to some body having a bit of fun. In my time, I've seen a few that were outright scams, a few that were really tremendously awesome, and a lot of reinventing the wheel.

The thing is, the market is new. I know, I know, it's "so yesterday" to have scrypt, x11, grostl, keccak, PoS, PoW... But face it: This revolution started in 2009. Bitcoin is king, due to being first and well marketed. There are a lot of contenders. The basic code works, and works well, or there wouldn't be all of this crazy, insane, cool, innovative, and wacky market. Evolutionary changes are just as valid as revolutionary ones, and it takes the lens of history to determine which is which.

As fof loljosh being a hired gun? So what? I have some ideas for a coin myself. I'm not currently looking for a developer, but if I were, he'd be on my short list. If you have a good idea, and don't know how to make it happen, you hire somebody who does. Frankly, if you don't like that concept, you probably should stay away from markets, period.

I noticed. You like to write a lot and you're good at it. Thank you! You interesting to read!)