The only coin that has a future, and I'm not just saying that to be annoying, is DarkCoin. Started January 18th it is a new alt coin, however, it has a highly talented developer. Here are some of the features of this new coin:
11 hashing algorithms to make it ASIC resistant, it's still a viable CPU miner, I mine with both CPU and GPU. It also runs the GPU MUCH cooler, 30% cooler leaving your room cooler and not wearing out your GPU or stressing the system so badly (and quieter fans!)
But that's not the good part. Evan Duffield, our developer, has created an anonymous wallet. Not with a mixing service or TOR no, this is called DarkSend and it hides the address FROM THE WALLET. The blockchain will not contain your wallet address but a throw-away address that is untraceable. Even the coins are difficult to follow, using an implementation of coinjoin. It's a simple yet effective solution. Simplicity = much harder to crack. As Einstein said, the solution should be as simple as possible but no simpler"
Darksend is working NOW, in beta. it is closed source until the developer has everything worked out, so no faulty code is grabbed and used by other alt coins. The only issues I see with it now are that sometimes, the transaction gets kicked back (no coins lost though), and to set your wallet up requires you to issue a command in the console, which is clunky. I'm sure the user interface for Darksend will be smoothed out, it's just still in Beta.
Our highly talented and dedicated developer has other plans for the coin that he has only hinted at, and I don't doubt he will come through on that as he has been very responsive to all issues that have come up since launch, implementing KGW right as our first mining whale plopped down on us, and this has since kept the whales away or at least at bay.
Coin rewards for mining are based on 2222222/(((Difficulty+2600)/9)2) = Reward
The graph looks like this: http://www.steemjammer.com/images/graph.png
there is a hard limit of 84 million coins, but this limit will take proximately 70-80 years to reach depending on how popular the coin is to mine. Once difficulty reaches approximately 5000, the coin rewards will bottom out at 5 coins per block and stay there until the 84 million coin wall is hit.
This coin is well thought out, well planned, has an excellent team of developers lead by Evan Duffield, a young man with Software and system development experience in the Banking industries. You can't get better than this!
P.S. I just wrote this for one of my pool that I mine bitcoin in where they're thinking of adding a coin. Then I posted on reddit and now here. I figured it would be useful to post in more places
11 hashing algorithms to make it ASIC resistant, it's still a viable CPU miner, I mine with both CPU and GPU. It also runs the GPU MUCH cooler, 30% cooler leaving your room cooler and not wearing out your GPU or stressing the system so badly (and quieter fans!)
But that's not the good part. Evan Duffield, our developer, has created an anonymous wallet. Not with a mixing service or TOR no, this is called DarkSend and it hides the address FROM THE WALLET. The blockchain will not contain your wallet address but a throw-away address that is untraceable. Even the coins are difficult to follow, using an implementation of coinjoin. It's a simple yet effective solution. Simplicity = much harder to crack. As Einstein said, the solution should be as simple as possible but no simpler"
Darksend is working NOW, in beta. it is closed source until the developer has everything worked out, so no faulty code is grabbed and used by other alt coins. The only issues I see with it now are that sometimes, the transaction gets kicked back (no coins lost though), and to set your wallet up requires you to issue a command in the console, which is clunky. I'm sure the user interface for Darksend will be smoothed out, it's just still in Beta.
Our highly talented and dedicated developer has other plans for the coin that he has only hinted at, and I don't doubt he will come through on that as he has been very responsive to all issues that have come up since launch, implementing KGW right as our first mining whale plopped down on us, and this has since kept the whales away or at least at bay.
Coin rewards for mining are based on 2222222/(((Difficulty+2600)/9)2) = Reward
The graph looks like this: http://www.steemjammer.com/images/graph.png
there is a hard limit of 84 million coins, but this limit will take proximately 70-80 years to reach depending on how popular the coin is to mine. Once difficulty reaches approximately 5000, the coin rewards will bottom out at 5 coins per block and stay there until the 84 million coin wall is hit.
This coin is well thought out, well planned, has an excellent team of developers lead by Evan Duffield, a young man with Software and system development experience in the Banking industries. You can't get better than this!
P.S. I just wrote this for one of my pool that I mine bitcoin in where they're thinking of adding a coin. Then I posted on reddit and now here. I figured it would be useful to post in more places
