How to prepare for REEFCOIN Main Net Launch:
1. If you have been beta testing on our blockchain, you need to delete the following folder: C:/users/USERNAME/AppData/Roaming/ReefCore
2. Delete your old wallet and download our new wallet from the link given on May 21st - 12:00PM EST - Please note that the new wallet will NOT be on our current GitHub. It will be released on Discord for a fair launch. Only myself and @biddy will have access to the new release wallet.
3. @Contributors with ReefSeeds (aka SeedNodes) will need to stand by to update to the new blockchain once the new wallet is released
4.
First Masternode and GPU/Pool Mining: Due to the nature of Masternode blockchain, we would first need to form a ReefNode (aka Masternode) in order to enable GPU/Pool Mining. Since we are a NO PREMINE blockchain, we will need to combine our efforts to acquire 500,000 REEF to make our first ReefNode. I will coordinate which wallet to send to form our first ReefNode. As far as I know, we will be the only Masternode blockchain with no premine to start a Masternode at the start. Please keep in mind that if you contribute to the first ReefNode, you will be refunded and compensated when we get a second ReefNode up! As a bonus to those who will lend at least 50K REEF will receive our brand new real life minted Reef Coin as well as a @Contributors role on discord! P.S before a ReefNode is online, you will encounter a wallet loop sync because it will keep trying to look for a ReefNode. 5. Keep in mind that the new Main Net Blockchain will be online roughly 30-60 minutes prior to the release of the wallets. This is to we can double check and provide a secure and successful launch for REEFCOIN. During that time I will setup a few seed nodes as well.
6. I will be live-streaming all day for Main Net Launch day on our youtube channel:
https://www.youtube.com/c/ReefCoin - I will give live support for those who needs help and I will do a live REEFCOIN giveaway at the end of the livestream!
Thank you @everyone for your continued support so far in this amazing project! Weve grown so much in the past week! Lets keep the momentum going!
For more information please view: #reef-faqs
How will the coins required for first masternode be generated if mining cannot start without at least one masternode and there is no premine? Please explain.