Kora :: Sibling of Qora :: Free & Fair distribution :: Stakes issued on NXT AE :: Launched after Qora source code released

Mission statement: Bootstrap Kora, a clone of Qora with a free & fair equal distribution on a mass scale to over 3,000 stakeholders.

Kora will have 10,000,000,000 coins, equally shared to all stakeholders.

You can help!
Developer team, stakeholder registration team, web & network infrastructure team, marketing team - everything is open - we are bootstrapping a community from the ground up. Here is your chance - what would the 'ultimate' crypto community look & feel like? Let us know! Got an idea? Join Kora and make it happen.

Kora: the plan so far!

• Free distribution - 1 stake for 1 human
• Fair distribution - sockpuppet countermeasures will be used to prevent multiple accounts
• Stakes will be issued on the NXT asset exchange after stakeholder registration is completed
• Development, marketing, community & network infrastructure will be funded using development stakes
• Kora will be launched AFTER Qora source is released
• You will be able to trade your Kora stake on the NXT AE regardless of when the Qora source is released

Note: This is not the registration thread for Kora. This is a call to action! We need your ideas & your help & your committment! Post ideas & support, BUT understand that the official stakeholder registration will be later. Posting in this thread does NOT mean you have registered for a stake in Kora. YOU CAN HELP! How should we organise the Kora stakeholder registration? Let us Know!!

Kora will be a new crypto-currency designed from the ground up to solve Bitcoin’s biggest problems while also adding new promising features. Kora is based on Qora, which has been built from scratch and will not rely on any other crypto-currency. Kora uses a new proof-of-stake algorithm making it future-proof.

Kora is a clone of Qora which has been developed in Java and relies on native C libraries to perform the most CPU intensive tasks.

Guaranteed Features
1)   Ed25519 DSA to verify and sign messages.
2)   1-5 minute block time depending on the network activity.
3)   Retargeting every 10 blocks.
4)   Password protected wallets that can be recovered/generated from seeds.
5)   New Proof-of-Stake algorithm.
6)   A JSON RPC API to directly communicate with the client.
7)   Naming Service: Allows the user to register a key-value pair which can be used for various purposes (URLS, addresses, …)
This Naming Service will also include an exchange where users can buy and sell keys.
8 )   Colored Coins/Assets.
9)   Arbitrary Transactions: A simple feature which allows users to send any payload they want over the network. This can be used by third-parties to build additional features on top of Kora (data storage, chat).
10)   Transaction Boosting: Higher transaction processing speed by not having to broadcast the transactions to the whole network.

Possible Features
1)   Anonymous transactions/Zerocoin: One of the biggest problems of Bitcoin is of course that every transaction is traceable. Currently Zerocoin is the most promising project which is trying to solve that problem in a decentralized way.
2)   Cross Blockchain trading.
3)   Finite Blockchain/Blockchain shrinking.
Kora will be the first second generation 'super coin'. We know how to assemble the elements for the 'ultimate' crypto currency, and Kora will learn from the successes & failures of all previous coins.

The sad truth is NXT and Qora are both very promising crypto currencies, but both have suffered from small exclusive distributions. The IPOs were both open and public, but neither achieved widespread adoption, and both suffer from too many large whales, and perceptions that both coins are 'unfair'.

- Our goal is for Kora to have at least 3,000 stakeholders at launch.
- Stakes will be distributed as tokens on the NXT AE as soon as the registration process is over, and the final stakeholder list is completed.

We will learn from NEM (community building)
We will learn from NHZ (node payment bot)
We will learn from ShareCoin (sockpuppet countermeasures)
We will learn from EVERY coin that has gone before

"The foundation of any global crypto currency will be a large, engaged, and active community using and promoting a cutting edge POS coin."

1 -100% POS coins are superior to POW coins
2- A free, fair & WIDE distribution is better than a paid IPO that results in a very small initial distribution
3- Learn from the collective experience of every coin that has gone before!

NXT - great coin, bad distribution - 73 stakeholders - Grade 'C'
Qora - great coin, bad distribution - 137 stakeholders - Grade 'C'
NEM - great coin (we hope!) - great distribution - BUT controversial (sockpuppets, paid IPO) - Grade 'B'
Kora - great coin - great distribution - no controversy - great community - Grade 'A'

Kora - great coin - great distribution - sockpuppet countermeasures - Free - development will be funded using developer stakes

- 100 Proof-of-stake [POS]
- Free shares
- NO IPO - development will be paid for using development stakes
- Community building - our aim is to launch with at least 3,000 stakeholders using the principal "one stake for each unique human"

Join Kora and make a difference!