News 11/09/2015


Distribution Results

Total registered users for Batch 1: 1236
Total valid users: 753
Total banned users: 483

Users	Valid	Allocated Coins	Coins Per User
International	646	1228670	1902
Venezuelans	107	2948808	27559

Due to this disproportionate distribution (because of the few suscribed venezuelans), we decided to lower the amount of coins given to the venezuelans, instead of giving 27559 coins each, we will take the number of coins given to the foreigners and multiplying x5 and that will be the total of coins to be distributed to Venezuelans in the first batch

1902 * 5 = 9510 CHVZ for each Venezuelan registered in batch one

We think this is more fair, we are undecided about the extra coins, we are thinking about setting a faucet and share the remaining coins there or bump the reward for the batch 2. Any opinions?.

Distribuited coins

Users	registered wallets	Total distrib coins
International	202	384204
Venezuelans	38	361380

Those were the coins distributed today, there are still many valid users who have not uploaded their addresses. Their coins are safe, if you are a valid user, please upload your address ASAP so we can continue the distribution.

Wallet sync issues

Right now the wallet is synced, but because the coin use a POS algorithm that kicks in after a week of staking I will have to manually mine some blocks daily in order to update the blockchain, once the POS kicks in and the coins start to stake the wallet will sync without mining

So please keep the coins on your wallets in this first week