May 16, 2017 at 2:04 pm #217
YarkoL, what kinda Altcoin variants do you want to put together and test? Would be wonderful to collaborate on some project. And I so enjoy stressing and breaking implementations 🙂
TearoMay 16, 2017 at 3:56 pm #218
I’m in if it helps . I like to test and experience new things ;DMay 17, 2017 at 2:47 pm #220
Well I have a kind of unique altcoin project that is still in very much in early stage. Right now a whole lot of stuff is happening, so meanwhile I’ll be happy to chip in whenever I can concerning the PracticeCoin.
I did clone peercoin the other day,
and made quite comprehensive notes on the process, so maybe you could find that useful?May 17, 2017 at 4:23 pm #221
YarkoL, thank you for sharing this information. I’ll be sure to take a look next week, and would not be surprised if other members of this group will find it useful as well.
Will keep you posted on everything that’s happening on the project,
TearoMay 18, 2017 at 9:07 am #223
Hi, im following this coin since your first post on bitcointalk.
Im an italian guy with some good trade skill, but I’m slowly trying to learn how to create a coin, you can find me also on twitter BTC_wolf! I can basically promote altcoins there!May 18, 2017 at 2:27 pm #224
Many of us here are engineers, and would be curious to learn more about the details of Altcoin publicity and promotion. Would you be interested in talking about what techniques appear to work, and also how some promoters are gaming the system.
TearoMay 18, 2017 at 4:40 pm #226
YarkoL, thank you for sharing this information. I’ll be sure to take a look next week, and would not be surprised if other members of this group will find it useful as well
I was unclear 🙂
You could have some idea of the cloning process by following the commits, but what I meant is that I wrote an annotated text document explaining the whole thing from the scratch, Shakezula-stýle.
When I have reviewed and edited that a little, I’ll share it here.
May 19, 2017 at 12:25 pm #228
- This reply was modified 5 months ago by YarkoL.
YarkoL, that’s wonderful, looking forward to it.
Don’t worry about perfecting the document, and allow fine folks in this group to give you feedback, so your next round of corrections will take you close to the final draft.
TearoMay 22, 2017 at 4:54 pm #229
Well I could upload a pdf of the document, if you tell me how to do that? it is very, VERY bare-bones at the moment, I’m about to publish a much comprehensive and meatier sequence of posts detailing the process here in my new blogMay 26, 2017 at 10:35 am #231
YarkoL, I think the Peercoin deserves its own topic on the Forum, so could you start one, please? Would love to learn more about it, from a PDF or your blog posts.
We also have a general PoS topic started, but so far it’s been empty.
Also, having looked at your blog, I’d like to thank you for describing setting up a Jekyll Blog for a Github Pages account.
TearoMay 26, 2017 at 11:12 pm #232
Hi All. LanguidLemer here. First, Tearo, thank you for your contribution in consolidating, refining and presenting your findings. That’s called leadership and we appreciate your help.
I am in BTC and ETH and mainly have been focusing on those. Doing some mining in BTC.
Since the 1970’s I have been interested in alternative currencies vs national fiats. Some of this was covered in the old pre-1982 Mother Earth News magazines. One such as a commodities based currency. Other forms have popped up here and there during times of economic and financial distress. One form that I liked was called the Ithaca Hour Community Currency: http://ithacahours.com/
The problem, of course, is inability to prevent over issuance of promises by individuals to others, which prevents adoption wider than just those you know and trust.
It just dawned on me today that most cryptocurrencies are focused on developing as currencies (money) or contracts, usually similar to your favorite fiat. I do not see any notable ones which focus on quantifying TIME as a unit of account. Ripple does provide for IOUs but the trust thing in terms of over commitments is left to the parties involved.
Cutting to the Chase: to create a pre-mined crypto which uses a blockchain for recording ownership, record transfers, wallet for use by individuals. Each coin represents an hour of work.
In my nascent concept the pre-mined coins are limited for use in a truly “local” area of operation (possibly a town or city) where people provide hours of work in exchange for the coins. Coins then can be exchanged for services or goods based on willingness of others in the community to participate. The rate of exchange is negotiated by the parties (IE professionals may wish more hour coins for their hour of work).
The initial sale of coins would be to Volunteer Organizations (or similar) who also act as gatekeeper/advocates for the system within their communities. The fiat “price” of these coins on sale to the volunteer groups would be low and would be set to recompense for development time, materials invested in establishing the coins, basic p2p network infrastructure, education and outreach programs, with a residual for upkeep.
The organizations would then provide the hour coins to those who volunteered to provide community service on a voluntary basis. This would begin the cycle of economic activity and exchange. Those who volunteered and received coins would then exchange the coins in the community for hours worked by other for them or goods offered in exchange. Wallets would be on smart phones.
This type of hour denominated coin could well be cloned for every community which would like to trade labor for labor, services or goods. The initial distribution of coins would be to those who showed community spirit and willingness to put their time to the benefit of the community, which does not have direct benefit to themselves for such volunteerism.
One benefit of using such hour denominated coins is that people’s time becomes the unit of account. Time really is a very personal dimension of wealth and determinism of the individual, and therefore is a good measure and a good unit of account as it regards to the preciousness of life.
At this point I am thinking of a coin name such as HourCoin and a symbol such as HCnnnnn where HC means HourCoin and nnnnn is the central zipcode for the locality. So, for Boston, HC02201.
Anyway, it seems to me we can do better for ourselves if we work with each other locally and based on the most fundamental unit of contribution we have, which is our time.
May 27, 2017 at 4:04 am #235
- This reply was modified 4 months, 3 weeks ago by LanguidLemer.
LanguidLemer, welcome to our small but growing group. Drawing a relationship between hours of work and value created is both appealing and tricky. I suppose, we can attempt not to pigeonhole it as ‘store of value’ and instead consider as ‘store of goodwill’.
Did you have a chance to look at the Chronobank ICO? I have not yet, though recently did meet one of the key contributors.
P.S. LL, can I ask you to start a topic titled Hours, copy-paste your exposition there, and we’ll continue there, as this is likely to be an emotional debate.May 27, 2017 at 12:44 pm #238
I have created the topic and copied/pasted the text to that topic. Tearo or pra if you wish to remove the lengthy part of post 232 with a link to that new topic, please do so. I did not find an edit button to accomplish that.
What I have to offer to the Practice Coin project:
Familiar and comfortable with Linux and the command line.
Electronics and computer/network training and experience.
DB design, data and reporting.
Customer service, problem solving, etc.
Personal interests: farming, inventing, alternative energy … the usual divergent, creative stuff.
I am a creator and producer best at taking pieces and parts of what is and recombining them into things not yet seen before.May 27, 2017 at 9:08 pm #250
From Post #229:
YarkoL, I found your writing style to be clear and useful. Easy to follow instructions. Subtle humor. Great job (for a Dev, haha!).June 1, 2017 at 9:31 pm #258
YarkoL, I found your writing style to be clear and useful. Easy to follow instructions
Thanks. I just followed them myself, and noticed that there is a glitch 🙂
Will have to update that first cryptocoin post and stay tuned for more…
August 12, 2017 at 6:35 am #275
- This reply was modified 4 months, 2 weeks ago by YarkoL.
Folks, my apologies for having gone off the deep end and not catching the fact that the hosting provider somehow allowed the site go unreachable.
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