Should the "coin announcements" thread be limited to coins?

Steve Sokolowski avatar
Steve Sokolowski
Archived posts: 4559
Joined: Aug 27, 2014

Should the "coin announcements" thread be limited to coins?

by Steve Sokolowski · · Post #19966

I wanted to get some feedback about the "coin announcements" forum.

Should it be limited to new POW coins only, with a prohibition on posting ICOs and non-mineable coins? We obviously want to promote innovation in the altcoin space, and ICOs don't represent technical progress since most are simply pre-mined ERC20 tokens.
Eyedol-X avatar
Eyedol-X
Archived posts: 102
Joined: Nov 06, 2016

Re: Should the "coin announcements" thread be limited to coins?

by Eyedol-X · · Post #19968

Steve Sokolowski wrote:I wanted to get some feedback about the "coin announcements" forum.

Should it be limited to new POW coins only, with a prohibition on posting ICOs and non-mineable coins? We obviously want to promote innovation in the altcoin space, and ICOs don't represent technical progress since most are simply pre-mined ERC20 tokens.
New mineable coins, new algos should only be in coin anncouncements forum.

If ICO's are allowed at all they should go into an ICO Subforum only.

However, I suspect you will have an increase on board moderation because I'm sure people will still post in wrong forum.
skuthan
Archived posts: 8
Joined: Dec 23, 2017

Re: Should the "coin announcements" thread be limited to coins?

by skuthan · · Post #20071

Should it be limited to new POW coins only?
No, why limit at all? The more quality options you have, the more attractive your pool is.

With a prohibition on posting ICOs and non-mineable coins?
You mean like XRP which you just added?

We obviously want to promote innovation in the altcoin space, and ICOs don't represent technical progress since most are simply pre-mined ERC20 tokens.
So what? A payout is a payout. Most POW coins are just copy/paste coins anyway like BCH and DOGE. I think most of us could come up with a list of ERC20 premined options that we'd rather have than DOGE.
Steve Sokolowski avatar
Steve Sokolowski
Archived posts: 4559
Joined: Aug 27, 2014

Re: Should the "coin announcements" thread be limited to coins?

by Steve Sokolowski · · Post #20073

skuthan wrote:Should it be limited to new POW coins only?
No, why limit at all? The more quality options you have, the more attractive your pool is.

With a prohibition on posting ICOs and non-mineable coins?
You mean like XRP which you just added?

We obviously want to promote innovation in the altcoin space, and ICOs don't represent technical progress since most are simply pre-mined ERC20 tokens.
So what? A payout is a payout. Most POW coins are just copy/paste coins anyway like BCH and DOGE. I think most of us could come up with a list of ERC20 premined options that we'd rather have than DOGE.
It seems that others agree with me that the standard of a pre-mined coin needs to be higher than that of a fairly distributed coin. I don't have any specific attachment to any particular coin, but I do believe that developers deserve to earn money for work they put in, rather than being pre-paid for future work.

Developers who create mineable coins on new blockchains and who own lots of those coins only gain a reward once they have put in the work. Ripple was only listed once it had seen some significant development. In my view, the ethical thing to do is to encourage people to work hard to succeed, which means allowing fair coins a shot at launch and listing successful premined coins later.