Re: [ANN][BTL] Bitleu - Romanian investment cryptocurrency

Stemming inflation is a good idea, but you need to increase coin value fast. Miners might not mine anymore.

We work on this. Besides what we already have, any good feasible idea is welcomed and very much appreciated!

Teodor, since you already plan to hard fork. Why not convert wallets to X11 algorithm which is more efficient and popular nowadays. Or convert to Blake-256 so it can be merged mined http://bitcoin.stackexchange.com/questions/273/how-does-merged-mining-work

Doing the above steps will ensure the network will remain healthy and hash rates stay up even with reduction on rewards.

X11 - most miners are on this now.
Blake 256 - Guaranteed mining since a miner can mine many other coins simultaneously (Dirac, Blakebitcoin, Photon, EFL)

They are open-sourced and can be implemented asap.

X11 is a very bad idea in my opinion, there are 3 X11 launches everyday. Why in the hell, anyone even remotely serious would like to move to X11 at the moment (such a bad idea), groestl would be a better choice ( Grin

just keeping with scrypt-jane is ok... the are much less clone using scrypt-jane)

Also it wouldn't ensure neither the network, miners are just moving from one X11 coin to another.
X11 coins are just good for fast dumping on the exchange and most of these coin will loose all their values at best in a couple of months.

Thanks djm34 for saying in other words whatever I wanted to say.