Thu 20 Mar 2014 9:09PM

The Altcoin Observer - Meeting 1, Start Here!

ABL Adam B. Levine Public Seen by 13

We need to organized - The purpose of this meeting will be to decide on parameters of the first issue of TAO.

We'll decide who is in which role for this one (these positions can change issue to issue)

We'll decide which type of coin to do the first issue on and unless an obvious one emerges, talk about the research process we want to follow.

We'll talk about compensation, and what that looks like

And we can talk about LTBCOIN and how TAO will interact with it.

Are there any other topics we should hit?
What times would work for people? When should we do this?


Shattered Zen Fri 21 Mar 2014 5:02PM

I am available any time on the weekends but I commute and work long hours during the week. Do you want suggestions here or would you prefer to discuss everything once a meeting is established?


Adam B. Levine Fri 21 Mar 2014 6:21PM

I'd like to hash out most of the convo here, please feel free to contribute.


Shattered Zen Sat 22 Mar 2014 3:41AM

I'd suggest doing a current trends section, maybe a quick analysis of current market cap just to summarize a little of what is going on at the time of the show. These two areas would be market wide and in addition to the singular focus of one alt coin per issue. My reasoning for this is to capture a snapshot of the current space with each issue and make potential investors aware of happenings in the overall market.

As for my personal role, I would love the opportunity to contribute in anyway possible, I really dig the show, the network and what you are trying to do, if that means writing or researching, either is fine. I personally am happy to be tipped in LTB coin for my trouble, once again, I'm looking to be of help if I can, that is my main motivation.

For the topic of the first issue, I would recommend Auroracoin because we will see how its supposed "airdrop" plays out in the next few days. Its likely to be a hot topic either for its success or utter failure and I think that there are some lessons to be learned from it no matter which way the cookie crumbles such as the dangers of preemptive speculation in untested platforms and the dangers of placing faith in organizations or persons who refuse to implement trusted third parties for distribution.


Shattered Zen Sat 22 Mar 2014 3:50AM

Quick bio / background on myself, I work in communications / security, I have a BS in Business Management and I mine bitcoin and altcoins as a hobby. I spend roughly 6 hours a day commuting and much of that is listening to various virtual currency podcasts or reading Coindesk / doing research while on the train. If you'd like a formal resume I can e-mail.


edd Sat 22 Mar 2014 10:43AM

I don't work or even sleep on any type of set schedule so any time is just as likely to find me available as any other.

I'm relatively active at bitcointalk and run BitBrew.net so many of you probably already know me. Alt-coins haven't really been my thing, but I think that needs to change. I am more than happy to learn as much as possible and then pass it along to others.


Tom Sherlock Sat 22 Mar 2014 6:39PM

In terms of availability, weekends are tough. I usually spend that with my famliy (wife and two girls). I might be able to drop in every now and then, but wouldn't be able to stay long enough for a meaningful synchronous conversation. I suppose could be available late Fri nite or late Satur nite, say after midnight NJ time. Otherwise best time would be 9am to 11am (NJ time) M-F. I work from home as a self-employed Drupal developer.

I would be very interested in doing both writing and research. I don't have a preference in which role I start as long as I am able to do both.

I like Shattered Zen's suggestion that we focus on Auroracoin. It is a very interesting very story, a solution that avoids banks and circumvents state capital controls, etc.

Mazacoin also looks interesting.

There is the 'low-tech' PunkMoney circulating on Twitter, created by Eli Gothill (webisteme.com)

Otherwise, we might want to eventually do a sidebar on non-cryptocurrencies (community currency, complementary currency, local currency). This space has been around since the 1980's with varying degrees of failure and success: Ithaca HOURS, Berkshares, TimeBanks, Bristol Pound, Brixton Pound, etc.

I would accept payment in LTBcoin. But I wouldn't mind a small percentage in Bitcoin as well, unless this is going to be entirely on the LTBcoin platform.

The abbreviation for the publication could also be an acronym and pronounced like the work tao and have a Chinese-like logo.


Shattered Zen Sat 22 Mar 2014 9:16PM

I like the idea of the logo that Tom suggested, that would be catchy and pretty stylish. I also really like the suggestion of doing highlight pieces on other currencies like the Brixton Pound, after reading an article on coindesk a few months ago I was amazed at how much it has in common with Bitcoin.


Adam B. Levine Sat 22 Mar 2014 10:16PM

Hey guys,
I think we should be more ambitious than auroracoin. This is sorta the lazy, natural "well we've got to do something to keep people interested in new mostly mined coins" thing. No innovation, not any different than Bitcoin just a different distribution gimmick. We've now seen the gimmick repeated with Spaincoin, and HuntingtonBeachcoin and I'm sure dozens more soon just as Dogecoin begat kitteh and myriad other random mispelled animal tokens.

I'd like to see the first issue focused perhaps on NXT which is complex, poorly understood, highly advanced and has one of the strangest stories I've yet seen.

If you've got another suggestion I'm open, but lets focus on coins that differentiate beyond distribution.


Shattered Zen Sun 23 Mar 2014 12:26AM

In that line I would agree that NXT shows potential, but does it really do anything new other than have a somewhat complex PoS concept through forging? It's wallet software isn't that great and it has been stale for the most part since launch. In my opinion Counterparty would be better. I'll do some reading tonight and see if I can find any good ideas.


Adam B. Levine Sun 23 Mar 2014 12:56AM

Check out http://nxtclient.org, download and install NXT solaris and tell me that "forging" is the reason why it's innovative.

NXT people think power consumption matters but it's all about user created assets, arbitrary derivatives, distributed markets and tools. The software is crazy powerful and it's even way ahead of Counterparty.

I didnt use it for LTBCOIn only because I wanted to be able to use Bitcoin addresses, but I actually agree - we should cover both NXT and Counterparty, possibly in the first issue since they have many similarities.

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