So when will this coin launch?

Simple app, no worries there. The hardest part will be convincing a parking company to accept highly volatile crypto. If it can be automatically converted to fiat for them, I think they might do it. Especially if they don't have a parking app already and you come to them with a slick easy to use interface.

60 day POW is a scam though

Premine for what?

Thanks for taking the time to read the thread before posting this time.

My quick sarcy response to that would normally be "well then ParkByte has a better potentional than other altcoins out there"

However here is a better response

I have worked for a leading parking machine manufacturer for 5 years, so I do have contacts.

I am not however like Homero Garza, claiming to have partnerships etc when i do not.

Therefore, there are no contracts, contacts, support or anything for this coin at this time.

It is merely an idea that people have the opportunity to speculate on, no one is forcing their hand.

The premine will be to pay for Development work

EDIT: sorry missed this point


The $100k to build you talk about, I assume you are talking about the server backend, the majority of this won't come from the coin.

The idea is that the coin provides basic framework, ease of integration and generically useable worldwide, think of this as the Blockchain.info but targeted specifically at paying to park your car.

It will then be upto the "Providers" to do the $100k work. I would then see some sort of marketplace opening up, where dev's make addons, plugins, themes etc, similar to the CMS used these days.

But if "providers" wanted to make a $100k server backend to do this, why wouldn't they just do it for bitcoin?

I really like this idea but I'm not sure why there needs to be a new coin to implement it.

Thanks for the reply. The blocktime and Tx fees are good points, quick confirmations would certainly be advantageous and micropayments do need lower fees.

I understand wanting to jump on the altcoin train, too. But, too often devs want to do so for one reason and one reason only- quick profit- and then they abandon the project.

Countdown?

Launch when starting ? Its 7 may