Thread replies: 15
Thread images: 2
Thread images: 2
File: tumblr_inline_nqm0pjmHi61s6vyuw_500.jpg (36KB, 500x462px) Image search:
[Google]
36KB, 500x462px
Hi /biz/ math phd here
I know how to design a cryptocurrency that achieves the same result as tether (ie. consistently equal to $1 each) without needing a central authority or backing with real currency like they use. The design also allows speculators to profit so I think it could see a high market cap. Basically it achieves all the benefits of Tether without any of the negatives.
Is it worth pursuing such an idea? I'm not a programmer so I'd need help.
>>
>>2063471
how does it work?
>>
>>2063471
Find a programmer willing to work with you, and work on it together. Incorporate for legal protections.
>>
>>2063471
Well, fire up your ide and get coding fampai.
>>
>>2063475
I know this is a cop out but given how profitable recent ICO's are I don't want to give my idea away. Basically it allows individuals to hold tokens while the blockchain use a method to self regulate the price at $1.
>>
>>2063471
you better protect your know-how
>>
File: 1265777638342.png (4KB, 200x282px) Image search:
[Google]
4KB, 200x282px
>>2063471
The only way you could enforce a constant value of tokens is if you centralize the distribution.
Did you get your math phd in fuzzy logic or something?
>>
>>2063471
I'm a programmer, let's do it senpai.
>>
>>2063601
>The only way you could enforce a constant value of tokens is if you centralize the distribution
Not true at all.
>I don't know how to do it, therefore it can't be done
kek
>>
>>2063471
Let me buy 50mil worth for 1 satoshi senpoi
>>
>>2063601
>pi
>3
DELET
>>
>>2063660
If it's decentralized what prevents someone from buying all the coins and selling them for $10.
>>
>>2063493
I can't believe I'm shilling BAY twice within 2 minutes, but it's getting exactly this tech in a few months time. Dev calls it rolling peg. It's legit shit.
>>
>>2063686
BTFO
>>
This is the next big hit
https://coinmarketcap.com/assets/humaniq/#markets
Thread posts: 15
Thread images: 2
Thread images: 2