Just had an idea and thought I’d toss it out there to see what everyone thinks.

Now that FTC/WDC/PXC have announced a partnership which I am calling The Triad just for fun, why not do something revolutionary that affects the mining community and also helps the cause for all 3? I’m thinking we develop the first triple currency mining pool, which would solve the following issues:
[list]
[*]Be an official mining pool for miners to trust - could be “non-profit” where any fees go only to operation of the pool. Right now, trying to find a decent pool for each currency is a gamble and takes a lot of research.
[*]The active dev community would be a great tool for continually improving the mining pool website/tools/charts. It could quickly become one of the best mining pools out there as long as it listens and implements suggestions from the community. Right now pools are very generic and few offer decent features for miners.
[*]One pool server could hand out blocks for all 3 currencies. This would combine hash rates for transactions (helps the currencies) and award miners all 3 currencies at once (helps the miners).
[*]This might also allow a pseudo “load-balancing” of currency hash-rates. If PXC is low on hashing power, the pool hands out more PXC blocks to help speed up transactions, for example.
[*]This could also help protect against attacks…if a certain currency is getting 51% attacked, the pool could switch to emergency mode and devote all hashing power to thwarting the attackers and regaining control of the blockchain.
[/list]

Keep in mind I’m not a pool op, so I have no idea if any of this is possible or how hard it would be to implement. If you have more knowledge about that area, please feel free to critique! I also apologize if someone already suggested this, but I did a search and did not see this particular idea presented. People have called for official pools or a pool rating system, but with the Triad announcement we have a unique opportunity to combine several ideas.

Thinktank donations if you like this idea:
FTC: 72wapbdSNcbEkXgPWFvMGEEswpabY5YH2v
WDC: WVD4quycpizCDbUcsicYghZcTR8rEEkK9u
PXC: PaFFV7hpJsk1piSZHCGMA6nTc5UnEMUd3e

Continue to be amazed at the contests and giveaways, such great ideas for marketing! I was one of the miners that split the 33000 block bounty at wemineftc, and just thought that was the coolest thing ever. Hats off to you, Justabitoftime, and to all the other FTC devs. And I’m not just saying that to get free coins. :-)

But of course I’ll take them if you’re still handing them out!
FTC: 72wapbdSNcbEkXgPWFvMGEEswpabY5YH2v
WDC: WVD4quycpizCDbUcsicYghZcTR8rEEkK9u
PXC: PaFFV7hpJsk1piSZHCGMA6nTc5UnEMUd3e

signed up and voted. Go Team!

Hello FTC Forum! My handle is lrgrego…I lurk on the btc-e trollbox occasionally so some of you may have seen me there.

I’m a casual miner and casual trader. Been in IT for 20 years so of course I knew about bitcoin when it first started, but I wasn’t one of those with the foresight to mine and bank a crapload of coins so I could be a millionaire right now. =) I was one of those that mined and immediately sold to buy newegg gift cards for more ati h/w and those little pure silver bitcoins that someone minted. I don’t even want to think about how many btc I’ve squandered over the past 2 years… And don’t get me started on BFL, lol!

So fast forward to today, I cashed in my btc to play with ltc, then I heard about ftc and kept reading about the awesome community of developers, which is something none of the other crypto’s really have. As the Rise of the ASIC’s has happened, I’ve pointed my tiny farm of gpu’s at ftc and wdc, so you can imagine my surprise and delight at the recent partnership announcement. I continue to be amazed at the innovation coming out of the FTC dev team, so I’ve been hanging out in these forums…and here I am!

Hoping these trends continue and we have some good times ahead for FTC and the Triad. Cheers to you all and thanks for having me!