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Showing 7 of 7 results by phonky
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Board Beginners & Help
Re: Could a fork come up with a forkcoin that is not capped to 21 million units?
by
phonky
on 24/04/2013, 12:40:08 UTC
Oh wow, thanks!

so is that a mathematical issue, and/or a software development one?
In other words, how can I change that current limit?
Where should I look in the documentation?

Thanks
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Topic
Board Beginners & Help
Re: I have a weird idea about bitcoin...
by
phonky
on 24/04/2013, 12:37:28 UTC
Aaaaah now this is becoming interesting!

Where do you guys recommend for me to look at in order to get a step further? I am a software developer with quite some experience but not so much mathematical background.

I don't mind if the entire bitcoin community would consider my new coins/fork invalid. I don't need them to agree to my approach, and I don't want to attack the original either. I am trying to use the formidable technology and thinking behind bitcoin for application in another context. In other words, it would become another parallel currency  - a fork.

Thanks!!!
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Topic
Board Beginners & Help
Re: Introduce yourself :)
by
phonky
on 24/04/2013, 02:12:55 UTC
OK,

I love bitcoin.
I am not a troll.

But I think that bitcoin has an inherent scarcity model borrowed from the current model.

I am trying to think how to use the brilliant work done for bitcoin to use it
for an abundance based model.

And to get to 5 posts Wink
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Topic
Board Beginners & Help
Topic OP
Could a fork come up with a forkcoin that is not capped to 21 million units?
by
phonky
on 24/04/2013, 02:07:41 UTC
Could this be done?
Post
Topic
Board Beginners & Help
Re: when to buy, NOW
by
phonky
on 24/04/2013, 02:05:12 UTC
I totally love the p2p nature of bitcoin, but I also want to say that if we use them the same way as $ (in other words trying to screw the whole planet in order to get as much as possible of them) we will mis-use them the same way as we mis-use $.
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Topic
Board Beginners & Help
Re: I have a weird idea about bitcoin...
by
phonky
on 24/04/2013, 02:00:25 UTC
thanks guys, I was guessing right then...

too bad for me but it's alright Smiley
Post
Topic
Board Beginners & Help
Topic OP
I have a weird idea about bitcoin...
by
phonky
on 24/04/2013, 01:50:32 UTC
...but need the help of you folks.

I read some stuff about bitcoin but I can't answer this myself.

Is the bitcoin protocol intrinsically linked to bitcoin mining?

Or in other words, could I come up with something totally different as mining algorithm and still be using the bitcoin protocol to disseminate newly created coins? I am perfectly aware that these would not be genuine bitcoins, and in fact, they don't need to be. It would be some kind of a fork.

My gut feeling tells me it's all "one", an interrelated stack. And probably, my idea of how to generate new coins cannot possibly be as secure and robust as bitcoin is, if at all possible, but it would be wonderful if it could, and that's why I am trying this forum with the experts.

In short: generating coins in a different way but divulgate through the network, is that possible?
Thanks