Quote from: windex on February 18, 2014, 10:04:41 PM

Quote from: jimjam1210 on February 18, 2014, 09:57:49 PM

Quote from: powercoin.pow on February 16, 2014, 07:13:35 PM

Powercoin - the power of world people's coin!

We're glad to announce that a new altcoin Powercoin is now released on GitHub (https://github.com/powercoin-power/powercoin-binary)! Currently we have Windows wallet (binary executable) available in this very first release. Hope you will like it and join us to mine powercoins!!

It is a coin that puts the power in your wallet! No banks to get in the way, your POW is yours to use as you see fit! The goal is to be a stable cryptocurrency that is worth your time and your hashrate. We aim to create a diverse community that uses POW to buy merchandise, gamble, rent out services, and keep as an asset that is easily transferable to fiat currencies!

The power is in your wallet!

http://powercoin-power.github.io

At this early stage, ~~it's very easy to mine powercoins on your CPU! So just don't hesitate, just download it and get your own powercoin today.~~ (Now some pools are joining to the mining process, hashrate and difficulty are increasing rapidly, and it's not possible to mine on CPU at the moment)

https://github.com/powercoin-power/powercoin-binary/raw/master/powercoin-1.0.0-win32-green-binary.zip

Here is the summary information about the powercoin:

based on teslacoin, using scrypt algorithm
hybrid Proof of Stake / Proof of work
estimated total supply: 21000000 power
61.3 reward in each mined block
4 times special hourly reward (mining for over a hour)
8 times special daily reward (mining for over a day)
4 minutes blocks
zero premine - the developer was only started CPU mining ~~today~~ on the day when it's released

To start a new node, you will need to create a powercoin.conf, and setup the value of rpcuser and rpcpassword. The best way to assign a rpcpassword is to run powercoind from a command prompt (terminal), and it will generate a random rpcpassword for you when first run it, you can then copy that to powercoin.conf. An example simplest powercoin.conf should look like this:

rpcuser=bitcoinrpc
rpcpassword=12guwA4eu2aKENgFMaeVzpofdOUPpwqWCRzbaUh5FiG873

We need the community support to do the continual development of powercoin. Please let us know if you want to add your node as a default node for the network, and please tell us about the IP of your node through the GitHub issue tracking system:

Report your node IP: https://github.com/powercoin-power/powercoin-binary/issues/new?title=Join+New+Node
And please report any other issues here: https://github.com/powercoin-power/powercoin/issues/new

As a developer, I was starting CPU mining ~~almost~~ the same time as others on the day it was released, and each mined block is rewarded 61.3, plus a special hourly/daily reward.

We still need charity to support the development, please donate if you want to support:

* BTC: 1Fk8bqH9RGwXx9nDPX1BBLaDKBWH13JCKb
* POWER: 5Yrqo39Y5uLJCaeh9zXoDscTqykaySiVXQ

To da moon, Powercoin!

these guys are scammers we are the real pow these guys stole source , lets here what you gotta say op
you rat !!!! , we are getting ya took down

We get the point, but I and I'm sure others are quite confused as to whats really going on here.

the source was leaked though QT vulnerabilities from what I understand, the OP wanted to pre-mine but knew the original POW would recompile and relaunch with modifications so to work around that they decided it would be a good idea to launch it themselves.... asswipes