Ok so this is maybe my thread attempt at one of these threads, last time I got shot down with a torrent of abuse about how I was trying to find "slaves" to work for me etc.
SO this time around I'm going to apply to your baser impulses: monetary reward.
To show I mean business, first post gets 0.1 BTC, all dubs get 0.05 BTC, and any good advice, in email or post form, will get 0.01-0.1 BTC.
My budget for this session is 1BTC. Obvs please include a wallet address in your post.
Now as for the question:
I am currently a MSc Physics graduate, I've successfully paid off all my student debt and I've quit work with the assumption I'll be doing a PhD starting September 2017.
In the meantime I would like to create a blockchain to fill a very specific niche, it would not be a currency for trading, but would involve tokens that we can treat as if they are currency for developments sake. My uncle left me around a 600k inheritance, of which after tax and paying off debts I have 320k. 200k is now invested in ETFs and other low risk financial instruments. 120k has been set aside ENTIRELY to be spent on this project.
I have two other friends who think this is worth their time and money to invest in, one is a former google employee with a BSc in CompSci (albeit not much expertise in cryptography), the other is a PhD Economist with a strong background in Maths. I have lived with these people for four years and trust them totally, they are together contributing 40k.
My main questions are: how many more people am I likely to need? With my current budget, is an alpha version within a year remotely doable? What coin should I use as a jumping off point? Aside from Python and C++ what programming languages should we look to incorporate into our dev team? Where can we find skilled employees?
Cheers.
P.S. please wait up to 15 mins to receive your BTC.
Why don't you just research how BTC was implemented, OP?
Kevin Foster
I have no use for digital monopoly money, pay cash and I'll help you.
David Moore
What type of niche are you trying to fill? Might help for the sake of the thread.
Owen Long
Bump and also email is: unitariumvex@gmail.com
Also I meant to write "third attempt"
Liam Flores
>it would not be a currency for trading
God, I really hate when people just think they can waltz right in and think they understand how economics works. I don't come to you and say "hey, I know I didn't study physics, but I've decided I want to stop believing in gravity and start flying."
Please tell me, what the point of a currency is if it can't be traded?
Evan Evans
I have already done all that, consider this thread me trying to explore suggestions or ideas I may have overlooked. And because as much as I research BTC I still don't have a very good idea of the practical "scope" of implementing a crypto, especially since it's easier now than before.
Ie. I don't know if three well funded hardworking STEM majors could do it...
You ever hear of localbitcoins? BTC usually takes 30 mins to get into my bank account. How do you propose I send you cash?
Suffice to say that the specific way I would CHANGE the given crypto to fill said niche is simple and I know how it would be done. So for the sake of argument assume I'm asking how one would go about making a new coin.
Grayson Jones
>if three well funded hardworking STEM majors could do it... Have you googled "how do I make a blockchain" yet? Have you read the BTC white paper? I haven't done either, but there are so many shitcoins in existence that I bet it isn't hard.
Nolan Flores
>not a currency for trading ok, well what will the tokens represent? >create a blockchain to fill a very specific niche what is the blockchain for? without this information it's very hard to give answers to:
>how many more people am I likely to need? >What coin should I use as a jumping off point?
if you're going to do tokens, i recommend using the pre-existing ethereum blockchain. it's already got miners, nodes, it's massively distributed and hardy blockchain, many projects are using tokens on the ethereum blockchain and it comes with plenty of support and it's own python like programming language for building your system.
