Can anyone tell me why zetacoin is so special ? unlike every other altcoin
(btw got 200k of them)
Its the quick confirmations... The transaction take seconds whilst the transactions in bitcoin can take much much longer.. 200k.. Thats great...seems that today you are quite rich
That plus once all the 160 millions are mined, you still have 1 million issued a year, incentive for the miners to keep hashing without increasing fees.
Sounds quite similar to GeistGeld then. Except that it cannot be merged mined, right? So the only hashing power it is going to get is taken away from other coins such as bitcoin, whereas you can mine GeistGeld right alongside all the other merged mined coins (bitcoin, namecoin, groupcoin, devcoin, ixcoin, i0coin, coiledcoin) using your same hashing-power. So why would I turn my hashing power away from merged mining eight coins at once to mine just this one coin? You could say ah but this coin is low difficulty, but coiledcoin and (especially) geistgeld are also low difficulty, so with merged mining I get two low difficulty coins at once plus also still get my bitcoins, namecoins, groupcoins, devcoins, ixcoins, i0coins and coiledcoins...
Oh and its not only geistgeld that keeps giving coins forever either; by merged mining I get several coins that will keep on going so miners won't need only fees to support them.
-MarkM-
