Top 10 Most Profitable Crypto To Mine in 2020 – Changelly

Should MSI accept bitcoin payments?

Should MSI accept bitcoin payments? submitted by classna to Bitcoin [link] [comments]

HANACOIN - An Introduction

https://www.hanacoin.com/ What is Hanacoin? Hanacoin is a digital currency that enables instant payments to anyone, anywhere in the world. Hanacoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Hanacoin is designed to be simple to use for mainstream adoption. The goal of Hanacoin is to allow people full control of their finances.
At Hanacoin we value Honesty, Commitment, Innovation, Prosperity and Fairness. • Our goal is to develop a coin that can: • Be used for instant transactions with minimal or no transaction fees, • Be adopted as the mainstream form of digital currency, • Integrate with existing tap and go payment systems, • Comply with and co-operate with regulators, • Use the best available technology.
We believe that the best technology to achieve these goals has yet to be developed and intend to contribute towards finding this technology. Hanacoin will be launched using the Lyra2REv2 algorithm which we have assessed to be the most suitable algorithm currently available that aligns with our goals. Lyra2REv2 allows almost anyone with a GPU the ability to mine Hanacoin and the algorithm is ASIC resistant. Hanacoin discourages the development of dedicated mining hardware and encourages the distribution of the verification task.
We are actively establishing a graduate program with local universities to seek out the brightest upcoming cryptocurrency developers. It will be tasked with the challenge to maintain the edge on ASIC mining, explore transaction speeds, lower costs and increase security whilst maintaining the ability to easily integrate with third party technologies such as payment gateways.
The main difference between Hanacoin and Bitcoin is our ability to resist centralized mining. Hanacoin has the flexibility to quickly adapt to the best technology available without the need for consensus from competing groups with their own motives.
Hanacoin is not a privacy coin and will comply with all Regulations and be a transparent coin with public ledgers. Privacy and anonymity oriented coins are becoming a pervasive and often contentious topic. As a result, many figures in the media and government have cast a distrustful eye on such protocols fearing a new medium for illicit and illegal activity. It is our belief Privacy coins will come under increased government scrutiny in the coming years.
Hanacoin for Charity Hanacoin recognises our responsibility to give back to the community. Donating to charity reinforces our commitment that Hanacoin will have a positive social impact. We will donante Hanacoins to charity each year.
Key Points * Constantly adapting to the latest technology * Comply with all Korean Regulations * No ICO * Minable at home * ASIC resistant * Not a Privacy Coin * Hanacoin developers have full control of Hanacoin
What is the Aim of Hanacoin? We are currently in the distribution phase of Hanacoin and are inviting minders to begin mining the coin. We aim for Hanacoin to be a slow and stable p generated to hire additional engineers and specialist to make sure that Hanacoin can be traded as cheaply and quickly as possible. We plan to be listed on Korea's top exchanges within two years.
ROADMAP 2018 - 2019 • Secure Hanacoin network by encouraging users to mine and establish their wallets. • Upgrade and maintain Hanacoin code base. • Develop and release Hanacoin wallet for web and mobile. • Improve and maintain Hanapool. • Establish graduate program at local universities. • Engage advisors to evoke marketing strategy including sponsorship arrangements. • Launch social media campaign with key influencers. • Establish donation agreement with a charity organisation. • Investigate mining pool options with the ability to split payments to charity and miner. • Review community feedback and respond with adjustments accordingly. • Engage advisors throughout the year to ensure marketing strategy is adjusted as needed. • Discuss exchange launch date with popular exchanges.
2019 - 2020 • Increase marketing to targeted areas and expand to include additional regions. • Increase sponsorship arrangements. • Deliver on the commitment to the charity organisation. • Review ASIC mining and the likelihood of ASIC mining on Lyra2REv2 and respond accordingly. • Review graduate program developments and implement suitable changes. • Increase exchange listings. • Engage with Tap & Go Payment system providers such as Korea Pay Services (KPS). • Engage with local regulators to ensure the continued success of cryptocurrency. • Review community feedback and respond with adjustments. • Engage advisors throughout the year to ensure marketing strategy is adjusted as needed. • Obtain a listing on main Korean exchange.
2021+ • Increase marketing and sponsorship arrangements. • Deliver on the commitment to the charity organisation. • Review ASIC mining and the likelihood of ASIC mining on Lyra2REv2 and respond accordingly. • Gain mainstream adoption as a payment system in Korea and expand payment system globally. • Review graduate program developments and implement suitable changes. • Continue relationship with local regulators to ensure the continued success of cryptocurrency. • Review community feedback and respond with adjustments. • Continual engagement with advisors throughout the year to ensure marketing strategy is adjusted as needed. • Support for Ledger Nano and Trezor.
Coin Details * Lyra2REv2 algorithm * 1.5 minute block targets * subsidy halves in 1,225,000 blocks (~3 years) * 50 coins per block * DigiShield difficulty algorithm * 100,000,000 coins available for mining * 20,000,000 founder pre-mined coins * 2,500,000 pre-mined coins allocated to network growth and maintenance, marketing and exchanges. * 122,500,000 Total Coins * Ticker symbol HANA
Lyra2REv2 Algorithm With the rise of ASIC(Application Specific Integrated Circuit) mining, standard mining equipment can no longer compete with specially designed ASIC miners. Lyra2REv2 is designed to defend miners from this unfair competition. The algorithm is designed to be strictly sequential which allows a defence Scrypt-Adaptive-N Capable ASICs. Lyra2REv2 algorithm favours GPUs over CPUs. Lyra2REv2 consists of a series of hash functions: BLAKE, Keccak, CubeHash, Lyra2, Skein and Blue Midnight Wish. Using Lyra2 enables us to adjust the memory usage for mining along with adjusting a time cost, which allows us to stay ahead of development of ASIC. Support the Hanacoin project and earn Hanacoin by mining.
Dark Gravity Wave Dark Gravity Wave (DGW) is an open source difficulty adjusting algorithm for Bitcoin-based cryptocurrencies. Evan Duffield authored DGW as a response to a time-warp exploit found in Kimoto's Gravity Well. In concept, DGW is similar to Kimoto Gravity Well, adjusting the difficulty levels every block (instead of every 2016 blocks like Bitcoin) by using statistical data of the last blocks found. This allows block issuing times to remain consistent despite high fluctuations in hash power, however, it doesn't suffer from the time-warp exploit. Version 3.0 was implemented on May 14 of 2014 to further improve difficulty re-targeting with smoother transitions. It also fixes issues with various architectures that had different levels of floating-point accuracy through the use of integers.
submitted by HanaCoin to u/HanaCoin [link] [comments]

HANACOIN - An Introduction

What is Hanacoin? Hanacoin is a digital currency that enables instant payments to anyone, anywhere in the world. Hanacoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Hanacoin is designed to be simple to use for mainstream adoption. The goal of Hanacoin is to allow people full control of their finances.
At Hanacoin we value Honesty, Commitment, Innovation, Prosperity and Fairness. • Our goal is to develop a coin that can: • Be used for instant transactions with minimal or no transaction fees, • Be adopted as the mainstream form of digital currency, • Integrate with existing tap and go payment systems, • Comply with and co-operate with regulators, • Use the best available technology.
We believe that the best technology to achieve these goals has yet to be developed and intend to contribute towards finding this technology. Hanacoin will be launched using the Lyra2REv2 algorithm which we have assessed to be the most suitable algorithm currently available that aligns with our goals. Lyra2REv2 allows almost anyone with a GPU the ability to mine Hanacoin and the algorithm is ASIC resistant. Hanacoin discourages the development of dedicated mining hardware and encourages the distribution of the verification task.
We are actively establishing a graduate program with local universities to seek out the brightest upcoming cryptocurrency developers. It will be tasked with the challenge to maintain the edge on ASIC mining, explore transaction speeds, lower costs and increase security whilst maintaining the ability to easily integrate with third party technologies such as payment gateways.
The main difference between Hanacoin and Bitcoin is our ability to resist centralized mining. Hanacoin has the flexibility to quickly adapt to the best technology available without the need for consensus from competing groups with their own motives.
Hanacoin is not a privacy coin and will comply with all Regulations and be a transparent coin with public ledgers. Privacy and anonymity oriented coins are becoming a pervasive and often contentious topic. As a result, many figures in the media and government have cast a distrustful eye on such protocols fearing a new medium for illicit and illegal activity. It is our belief Privacy coins will come under increased government scrutiny in the coming years.
Hanacoin for Charity Hanacoin recognises our responsibility to give back to the community. Donating to charity reinforces our commitment that Hanacoin will have a positive social impact. We will donante Hanacoins to charity each year.
Key Points
What is the Aim of Hanacoin? We are currently in the distribution phase of Hanacoin and are inviting minders to begin mining the coin. We aim for Hanacoin to be a slow and stable p generated to hire additional engineers and specialist to make sure that Hanacoin can be traded as cheaply and quickly as possible. We plan to be listed on Korea's top exchanges within two years.
ROADMAP 2018 - 2019 • Secure Hanacoin network by encouraging users to mine and establish their wallets. • Upgrade and maintain Hanacoin code base. • Develop and release Hanacoin wallet for web and mobile. • Improve and maintain Hanapool. • Establish graduate program at local universities. • Engage advisors to evoke marketing strategy including sponsorship arrangements. • Launch social media campaign with key influencers. • Establish donation agreement with a charity organisation. • Investigate mining pool options with the ability to split payments to charity and miner. • Review community feedback and respond with adjustments accordingly. • Engage advisors throughout the year to ensure marketing strategy is adjusted as needed. • Discuss exchange launch date with popular exchanges.
2019 - 2020 • Increase marketing to targeted areas and expand to include additional regions. • Increase sponsorship arrangements. • Deliver on the commitment to the charity organisation. • Review ASIC mining and the likelihood of ASIC mining on Lyra2REv2 and respond accordingly. • Review graduate program developments and implement suitable changes. • Increase exchange listings. • Engage with Tap & Go Payment system providers such as Korea Pay Services (KPS). • Engage with local regulators to ensure the continued success of cryptocurrency. • Review community feedback and respond with adjustments. • Engage advisors throughout the year to ensure marketing strategy is adjusted as needed. • Obtain a listing on main Korean exchange.
2021+ • Increase marketing and sponsorship arrangements. • Deliver on the commitment to the charity organisation. • Review ASIC mining and the likelihood of ASIC mining on Lyra2REv2 and respond accordingly. • Gain mainstream adoption as a payment system in Korea and expand payment system globally. • Review graduate program developments and implement suitable changes. • Continue relationship with local regulators to ensure the continued success of cryptocurrency. • Review community feedback and respond with adjustments. • Continual engagement with advisors throughout the year to ensure marketing strategy is adjusted as needed. • Support for Ledger Nano and Trezor.
Coin Details
Lyra2REv2 Algorithm With the rise of ASIC(Application Specific Integrated Circuit) mining, standard mining equipment can no longer compete with specially designed ASIC miners. Lyra2REv2 is designed to defend miners from this unfair competition. The algorithm is designed to be strictly sequential which allows a defence Scrypt-Adaptive-N Capable ASICs. Lyra2REv2 algorithm favours GPUs over CPUs. Lyra2REv2 consists of a series of hash functions: BLAKE, Keccak, CubeHash, Lyra2, Skein and Blue Midnight Wish. Using Lyra2 enables us to adjust the memory usage for mining along with adjusting a time cost, which allows us to stay ahead of development of ASIC. Support the Hanacoin project and earn Hanacoin by mining.
Dark Gravity Wave Dark Gravity Wave (DGW) is an open source difficulty adjusting algorithm for Bitcoin-based cryptocurrencies. Evan Duffield authored DGW as a response to a time-warp exploit found in Kimoto's Gravity Well. In concept, DGW is similar to Kimoto Gravity Well, adjusting the difficulty levels every block (instead of every 2016 blocks like Bitcoin) by using statistical data of the last blocks found. This allows block issuing times to remain consistent despite high fluctuations in hash power, however, it doesn't suffer from the time-warp exploit. Version 3.0 was implemented on May 14 of 2014 to further improve difficulty re-targeting with smoother transitions. It also fixes issues with various architectures that had different levels of floating-point accuracy through the use of integers.
submitted by HanaCoin to HanacoinOfficial [link] [comments]

Will mining Litecoins make me more money than Bitcoins? (Answer: YES)

Hi, I have held Bitcoins for a while and have recently started converting them to Litecoins. I would like to share why.
I think a lot of the activity in this subreddit is from people realizing that GPU mining of Bitcoin is becoming unprofitable; you are looking to Litecoin as your latest venture. If that's what you're here for, then you're on the right track!
Litecoin is by far the most popular alternative cryptocurrency, and for very good reason. It holds strong to the core architecture of the Bitcoin, inheriting most of Bitcoin's codebase. This is a good thing. Where it differs, it differs in well thought and beneficial ways. Where it doesn't, it inherits the time tested strengths of Bitcoin.
In particular, there are four times more Litecoins that will be generated than Bitcoins. Also, the target time for new blocks is every 2.5 minutes instead of Bitcoin's 10 minutes. This means that transaction verifications start happening faster.
The big difference though is that Litecoin's proof of work algorithm is Scrypt. Scrypt replaces Bitcoin's SHA-256. This is a major change which affects the type of computers that can be used for mining.
Bitcoin over the next half a year will become almost entirely mined by ASICs because GPU miners are so much less efficient at computing Bitcoin's SHA-256 algorithm. The difficulty will become so high that GPU miners will actually lose money to electricity costs.
On the other hand, Litecoin's Scrypt algorithm is specifically designed to be hard to make an efficient ASIC for. Scrypt is meant to work efficiently on general purpose computing hardware, so your GPU will not have unfair competition against it. Not only that, but Litecoins are already consistently more profitable to mine than Bitcoins. If you watch the charts here, you'll very often find Litecoins producing 10-30% better yields than Bitcoin.
And that's only at the current exchange rates! I personally find Litecoins to be undervalued relative to Bitcoin by a very large margin. This is for multiple reasons. First, Litecoins are much newer and have had very little media attention. Second, Litecoins are still in very early stages in terms of market support.
You could think of Bitcoin currently as a toddler and Litecoin as an infant (with other altcoins being still in the womb and looking for a reason to be birthed). Bitcoin can now be easily exchanged with most major world currencies and there is a growing network of tools which make it easier, more secure, and cheaper than credit for merchants to accept Bitcoins even if all they want is their normal national currency. Litecoin is just now growing similar support, but it is coming! It is already easy to exchange your Bitcoins for Litecoins through btc-e.com and I expect the better Bitcoin exchanges and merchant services will adopt Litecoin support as interest continues to rise. When it's ready, we'll see a wave of value increase similar to what Bitcoin has seen.
I have seen a lot of people question why Litecoin or any altcoin needs to exist outside of Bitcoin and had to question it a lot myself before I jumped into Litecoins because I didn't see many good arguments out there. Most were based on poor assumptions of the fundamentals of the architectures and didn't really establish a solid ground for the longterm coexistence of multiple cryptocurrencies.
Then I realized that it is important for at least two cryptocurrencies which are secured by different classes of hardware to exist because it provides greater security and stability to the system of cryptocurrencies as a whole. For one, it makes the total available computing power for securing the networks greater which improves their total security. Mining is how cryptocurrencies are secured, and the more mining there is the more reliable their transaction systems are. For two, it ensures that markets can't be brought to a halt if there's a temporary issue with one cryptocurrency. Finally, a coin which can be secured with general purpose hardware (that is, Litecoin) is harder for governments to regulate against because it means that EVERYONE can mine them no matter what; governments won't ban general purpose computers, but they might ban crypto-hashing ASICs (and there are already countries which are unable to import the existing ASICs).
Imagine when all exchanges and merchant tools integrate Bitcoin and Litecoin, and cryptocoins are accepted everywhere. You can hold both and be sure that you're always able to buy groceries on the spot. Even if a bug causes a blockchain fork on one of the networks and merchants start holding transactions for them temporarily, your phone's cryptocoin app could just say "Bitcoins temporarily unstable. Use Litecoins instead?" You walk home with bread and don't have to hope you still have cash.
So my best recommendation for you is to mine and (mostly) hold Litecoins. Spend them whenever you can, but replace what you spend by exchanging your national currency for more Litecoins. If you can afford to, buy as much as you can of Bitcoins and Litecoins with your national currency. Personally, I am mostly buying Litecoins because I think they're more undervalued than Bitcoins.
P.S.: I go into more depth on why cryptocoin diversity is good and why it's good to have a coin which is efficient to mine on GPUs in my earlier posts on Cryptocurrency Market Evolution and the Long Term Future of Cryptocurrencies.
EDIT: A few days after I posted this a Venezuelan posted asking about Litecoin. In Venezuela, exchange of currencies (Bolivar to USD, for example) is illegal and it makes ordering anything internationally near-impossible. They are also unable to import ASICs. In the thread they discussed mining Litecoins in order to provide a means of converting their local currency to something which could be exchanged internationally legally. This is a perfect example of where Bitcoins can't help but Litecoins really shine.
EDIT 2: Litecoins are trading around $4 each. I recently wrote about why I think Litecoins are still undervalued.
EDIT 3: Litecoins are now valuable enough and the mining levels are high enough that the network is becoming pretty secure. Now is the perfect time to get more people to accept Litecoins for goods and services. If you're excited by the freedom, convenience, and security that Litecoins and Bitcoins are giving to people of the world and you want to spread the word and make them more useful, ask everyone you shop with to accept Litecoins.
submitted by Normif to litecoin [link] [comments]

NobleCoin This Past Week - Update

This is a time for cool heads and calm composure. This past week it's come to our attention our coin is getting 51% abused by someone to dump coins on exchanges, definitely for profit, most probably to also 'destroy' the reputation/potential people see in NOBL alongside it.
I'd just like to make some statements.
  1. This is more common than people realise. If someone can 51% NOBL, they can 51% coins with 10-20x our market cap. At 2-3Ghs on occassion and a scrypt difficulty between 10 and 40, we're relatively high.
  2. After conversations with the exchanges they will be upping the confirmation requirements to try and increase security. A number of them also have 'proprietary' means of protecting themselves to varying degrees to such fork abuse. I genuinely wish them luck, I personally think there's a very tough battle going on just beneath the surface of services trying to protect themselves 24/7 from people taking advantage of a fledgling 'industry'.
  3. Some very, very successful coins have had to go through rough periods like this, considered a 'testing' time. They are perfectly fine today as the community/support has grown naturally and stuck with their coin.
  4. We don't blame ASICs nor GPUs. Farms of either are entirely capable of 51% 95% of scrypt coins today with relative ease.
In light of this, I feel obliged to release some more of our longer-term plans and things in the works. This scene moves fast, and people want news faster than it can be delivered. Please read below.
a) - https://bitcointalk.org/index.php?topic=402667.msg6864166#msg6864166
This scene is going to change, fast, perhaps for the worst before the better. So I'm going to share a little 'secret' with you guys. In order to protect NOBL in any worst case scenario we are going to be releasing a number of 'partner' coins, all under the Noble brand. We are going to have a Proof of Stake coin, a 'cut supply' coin, a SHA coin. We are going to look into the right time for merge-mining, which might be now, because mark my words when I said in the PDF merge-mining or a new revolutionary mining method is going to become mandatory.
We are going to back these coins with the infrastructure we've built, tie them directly to gold (at prices beneath spot with deals ranging between 12% and 25%), and ensure that they are supported by a team that we've worked hard to prove can be trusted to continue on with cryptocurrency for better or for worst. All are going to be Noble, all are going to be related to charity, Steps, the marketplace, our crypto vision, community, infrastructure and backed by the same team. This team is going to become larger and a registered Australian business, that acts to promote and support Noble and cryptocurrency but never on an 'official/Foundational' level.
Each of these coins will be an 'IPO', for lack of a better word, in NOBL. You only have to show proof of holdings, and you'll get an equivalent % supply of each new technology partnered with Noble. This won't dilute us, because it will be offering completely different technical preferences that wouldn't work together in a single coin, that you can trade or hold depending on your personal tastes.
I have also been looking hard at CryptoNote (https://bitcoin.org/bitcoin.pdf) on the side, and will most probably be working to release a ring-signature privacy-centric coin alongside these 'Noble' branded coins.
We can blame ASICs or GPU farms, they are both just as capable so it's a moot point, and NOBL is more secure than most. I'm not going to cause a panic, instead try to convince anyone here or looking to get involved that if you really want a long-term coin that understands this scene more than most will let on and will work to pull through anything that we're worth holding. Anyone that wants to argue the maths and technicalities with me over how a PoS like BC is secure because it doesn't have mining I will personally ensure is put in their place with the new 'State of Alternative Crypto', because it is a marketing trick designed to 'kill' PoW coins. Apologies, by this I meant they have their own vulnerabilites just like PoW, they are not immune. We do however see the value in 'investment' coins that don't require huge electricity/hash costs.
I didn't really want to share this too openly until it was 100% ready, instead just post obvious hints, because it takes time, has to be thought out and is a game-changer. 95% of coins don't make it nor intend to make it to 5 months with the original team so they don't need to worry about long-term survival, but we're not going anywhere. But I need to release news to keep people confident in a market that has lost most of its confidence.
In the meantime, a lot of information about a lot of coins will probably start coming to light. Initially it will be on the exchanges to ensure they can better accomodate being taken advantage of, then it will be up to everyone involved in this sickening scene how we intend to take cryptocurrency forward.
Cheers.. Jason
b) - https://bitcointalk.org/index.php?topic=402667.msg6865385#msg6865385
Yes. (Ethereum type thing)
And the dumping, looks like someone 51% us and it looks like it's since resolved. The exchanges are working on an improved system as far as I'm aware for all PoW coins, fork abuse and will most probably increase confirmation requirements.
Rather than using a PoS/PPC coin for example to milk/scam this scene of BTC, we want to release a Noble equivalent that doesn't ask for money. It only asks for the same level of trust we asked for day 1 and proof that you hold NOBL (improving the value of what our community holds in NOBL if people see the value in/desire a new coin with those specifications). You'll receive the fair equivalent in a newly released coin that we will then work/promote under the Noble banner. There will also be room for newcomers to get on board obviously to widen the base, but the deals will focus on Noble supporters.
Just send a fraction of a NOBL to an address we can verify on an explorer (we will snapshot the top 500+ addresses to prevent people taking advantage by constantly moving coins) and your equivalent will be moved to each new coin. This system will become automated as we refine it.
On release these coins will have the expected basics (explorer, exchanges) as well as CoinPayments (ASAP), acceptance on the Marketplace, use on 'Steps', and their own promotional deals to entice a first wave of interested 'investors'/users/speculators/buyers. Some will also be backed by a guaranteed exchange rate on the marketplace, similar to our 'Phoenix card' detailed initially here. They will then receive the same support as the others. Some might think this is too much work to take on in terms of 'development', but our focus has been on innovative infrastructure and services and that will be complete soon enough. This infrastructure, emails, correspondence and testing is a lot more work than upgrading wallets or forks, and once complete means we can focus on the technical aspects while providing an economy to use the coins. Ideally I don't want to personally, there are a number of developers we're talking to that also have the skills to do so while I get the rewritten 'State of Alternative Cryptocurrency' complete and published.
We will then be moving the marketplace and Steps longer-term onto a decentralized platform (there are a few that are looking more promising by the day) that allows direct payments between merchants/buyers for all cryptocurrencies under the Noble banner. We don't want a centralized point of hosting and we don't want to have to micromanage it, we'd rather focus on pushing services forward alongside support for the tech of each coin. Whether or not we keep some centralized 'control' over what is added to the Marketplace is still under consideration, because we don't want it to sink into a den of illegal products and heinous material (you know the type).
Someone might do this first with all the info. I've been pushed to release, but we'll always do it at 0% fees, asking for zero money upfront, and stay as true as is possible to the underlying ideals of cryptocurrency that is meant to be taking the economics of this world to another level.
Of course none of this is 100% set in stone and there is plenty of room for improvement and refinement. We forget how brand new this 'industry' is and no system we plan is perfect, but we're going to be damn sure we're an important part of it. It's the reason some of us have been quiet, a lot of work, planning, discussion and thinking needs to go into something like this to make it more than hot air. To us, doesn't matter what our price is in the short term. Maybe I'm a dreamer, but the work myself and others have been putting into this is real.
Cheers.
c) - https://bitcointalk.org/index.php?topic=402667.msg6865493#msg6865493
It won't dilute the coin (edit: any more so than the dozen being released daily) because some people want PoW, some people want PoS, some people want X11, some people want a dozen other specifications. They can't be provided all in one coin, but they can provided by a trusted team that will accommodate them all in a decentralized marketplace and fundraising platform. I don't want them to be paired purely with NOBL nor could we stop exchanges from doing so, only the initial 'IPO' or distribution, if the specification requires one.
What we're seeing, and feel free to disagree, is there are about a dozen 'products/specifications' people want. The problem is the people providing these products can't be trusted, are doing so in a dodgy fashion, or are leaving/scamming the coins behind so that they have no future. We want one of each of these accommodated and supported under the Noble brand, with this original NOBL itself the core/'seed' coin.
d) - https://bitcointalk.org/index.php?topic=402667.msg6866330#msg6866330
Giving value to the freebie coins is definitely something that needs to be considered. Perhaps it will be the value of the NOBL itself that acts as an initial holding incentive and that acts as a 'share' in a new specification. We will have to work on %s and ensure fair distribution as well as rewards for current holders while accomodating newcomers, that balance is why this isn't so simple and requires a lot of foresight, input and thinking.
It takes less time for us to work on the development/code side of coins than you think. I shamelessly admit I am a fan of open source and am using it to NOBLs advantage. We will use the updates done by dedicated development teams while attributing them for our own coins. We also can 'contract' out/bounty other work, but that is only becoming more of an option now that I have built some relationships with the more trusted developers. Otherwise, the general maintenance I can do myself, Heartbleed, checkpoints, etc etc. including customised branded wallets for NOBL that we are incorporating a lot of features into. There are definitely exceptions to this, DRK is not something I would want to touch as the work being put into that by Ed behind closed doors is inspiring and not something we could even attempt to match unless we stopped working on everything else. That is why CryptoNote looks appealing, it's more open source and the team behind it promote forking and sharing of the technology.
I definitely agree with flavour of the month which is why we don't do it that month. Some specifications might be hot one month and then not so crash hot the next, but longer-term they still will play a role and are still the preference of some. Personally I think this includes SHA, PoS (act as a NOBL 'saver', and tie to gold), X11, perhaps some up-and-coming mining algo., anonymity (as well as open/transparent), 5xMYR (although I do respect their approach and wouldn't want to 'use' it too soon without letting it come of its own).
You're also right in that people don't give two hoots about scams, so long as they think they can get in and get out in time to profit also. That's how the scene works right now and we all know it. Our niche no longer feels like it's just charity, but also for longer-term altcoin supporters who see potential in all these 'experiments' and feel they will have a place in one form or another if/when this place grows up. Which is why we'd like to cover every angle. If a coin isn't as supported in 6 months, that's fine. We gave the option, supported it with a team that provided services, updates and didn't scam, and held the core NOBL value up with it.
Our work has always focused on the the merchants/services/economies underlying crypto and ensuring in the future it can be used internationally to the best of its abilities. Fast, charitable, little fees, global, decentralized, etc. We can then use these services to increase the demand of all specifications that we support, whether they last or otherwise. It lets NOBL act as a 'share' and arguably could entice holding.
Like I said, we definitely need feedback. It's not something we even wanted to bring to the table at this point, but this place expects big news faster than that big news can be delivered. So these are the types of things we're including in the game plan and intending to deliver in one form or another.
The biggest problem with us and NobleCoin is we just don't quit. You throw something like this at us and we'll lap it up as motivation to keep working. Sooner or later this pays off, whether we have to force it to or otherwise.
Some people attribute a low price to death. It is a mistake to think so.
Thanks for your time and patience.
submitted by NobleCoin-Rofo to NobleCoin [link] [comments]

I have an idea

Fiat is a currency. You can pay with it.
Bitcoin is a curreny. You can pay with it.
Litecoin is a currency. You can pay with it.
Dogecoin is a currency. You can pay with it.
Peercoin is a... Okay, I'll stop. What do they all offer, though?
Fiat is used by a whole lot of people. It is used by sites like Amazon, Bestbuy, eBay, pretty much everything. This is the reason for it being so popular. It's also official, and pretty much every human has/have had it.
Bitcoin is a currency that can be used for buying things. It is popular because it's so anonymous. You don't need to give any private details, and you can use it very easily. It got popular mainly because of The Silk Road, a website where you could buy all kind of drugs. Illegal, yes, but that's why people wanted bitcoin. Because they could buy whatever they wanted without the police etc knowing. They got arrested, (which is good) but that's what got bitcoin where it is today.
LTC is like bitcoin, but it used a new technic (scrypt) and therefore it was a whole new age. Imagine a new gold mine being found, and everybody goes to it in hope to get some gold. That's how LTC was like.
Dogecoin is the most successful meme-based currency ever. The things that made us popular were everything we achieved. We raised money for charity, raced money for a NASCAR driver and a lot of other good things. We were super popular in the news and were constantly a topic. However, like bitcoins silk road, there isn't really anything that you need dogecoin to buy. And even if there is, theese things can also be purchased using bitcoin, fiat, litecoin, etc.
Create demand for something; people will buy it, no matter what they have to do for it. What if, shibes, what if we created something that people want, but can only get if they have dogecoin? That is my idea. Have you ever seen how kids react to advertisements?
Imagine this, Tim sees a Star Wars lego set for $9.99. This kid loves lego, he loves star wars, he needs this set. Now, he needs $9.99. This kids' current goal is to get the 9.99 dollars, and nothing will stop him. He will beg, he will cry and he will not sleep until he gets this money. What if theese 9.99 were dogecoins? You might say, "But they are not!?" My answer to that?
They will be.
submitted by dogepoli to dogecoin [link] [comments]

What should I do when I have a FALSE DMCA Takedown Notice from an open-source cryptocurrency developer issued to me?

This should be in a mish-mosh of subreddits, but, I'm coming here to askreddit. So, I've recently had my cryptocurrency "ImperialCoin" shut down due to a DMCA complaint from another developer. He owns a trademark on the name "Imperial Coin." Not "ImperialCoin," without a space. Not only this, but, his trademark is of his own scrypt-based cryptocurrency, not a multi-algo like mine. Administrator of the official Bitcoin forum as well as moderator of the Altcoin section theymos emailed me last evening with the takedown notice. In it, he also included his intent to get the domain taken off the web. So, as the title states, what do I do? I'm in no way infringing on his trademark. It clearly states in the official trademark that I am not (linked below.)
Also, 1 more note. I started my coin on March 1, 2014. The trademarking process started March 7, 2014. Is this technically illegal?
Wait. 1 last one, I promise. I've been told I could sue if I found this to be a fraudulent claim. Could I?
Trademark: http://tsdr.uspto.gov/#caseNumber=86214943&caseType=SERIAL_NO&searchType=statusSearch
Location: USA
submitted by Inception1337 to legaladvice [link] [comments]

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