Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast
by
Amph
on 03/06/2014, 15:57:32 UTC
is this coin dead?
 Angry Angry

Nope - Heavycoin is still very much alive - tell your friends Smiley

Cheers,
M

I dont think so.  nobody coming

when x11 asic will come, gpu miners will move here or on others algo

there is still hope for this coin, a "patience hope"...


With almost every coin, and probably every algo out there, there is one enormous problem: the distribution. Most coins use PoW. It's biggest flaw is that the more Hashpower you have, the bigger your reward will be. This should not be happening. The amount of coin a node should be able to gain should not depend on that node's hashpower, and it should be limited for the given unit of time. This will ensure a fair distribution and will also make the development of dedicated mining equipment superfluous. Solo mining will be encouraged and more and more people will come to claim their fair share, thus helping secure the network. There will be no pools, no huge farms and no useless dedicated hardware. People will mine using their phones, laptops, PCs, and will do this while enjoying other activities on their devices. There will be no need for specialized software, because mining with the wallet will be sufficient. This will be the future, and that future is not far away.


i would love to see a thing like this for future coins, big farms are a bad thing really

limiting the hashpower would be the best blessing for the distribution