Re: [ANN][THE NEW HONOR COIN][XHC] POW/POS X13| SMOOTH LAUNCH! [Developing News]
Should have read more carefully that first 720 wblocks are without reward. At least I pointed my rented miners to multipool to cover some of the costs. 720 does seem to much now that most people are quitting.
Everything else is absolutelly top notch, very smooth launch and coin I will be keeping my eye on.
Everything else is absolutelly top notch, very smooth launch and coin I will be keeping my eye on.
I have actually pointed my rented miners at suchpool earlier today, long before launch, and then went on with my day's work.
Then I've checked them this evening, only to see that all my rented hashes were wasted mining empty air, because I didn't read the fine print, conveniently "camouflaged" in a non-searchable, tl;dr raster image. That hurt.
Well, at least everybody says it was a top notch launch. Only a small flaw: the thing that was launched was hot air.
i easily saw the reward structure.
it really is in the beginning of the post.
i had no problem reading the following.
Update 7-23-14 3:20 AM: Bittrex is on board and will restore Honor coin for the Community! They are no longer accepting new deposits. Everyone who has coins stored at Bittrex as of yesterday, your coins will be exchanged automatically for the new XHC at launch! If you still have Honor coins in your personal wallet, then get them to Poloniex as soon as possible before the old wallet/block chain becomes invalid. Deadline for the 1:1 exchange is 11:00PM EST on July 23rd!
Update 7-22-14 11:07 PM: Please send your coins to Poloniex exchange no later then 11:00PM EST on July 23rd for the exchange!
Update 7-21-14 3:30 PM: The source/wallets have been sent to the exchanges today for the inspection and final approval stamp for the swap. We will let you know as soon as we hear back from them. You can currently send your coins to Poloniex exchange. A password protected wallet for the community will be available for download a couple of hours prior to the launch and the password for the wallet released at launch! Thank you!
Project Restoring Honor!
Launching July 24th, 2014 12:00PM EST
Honor Coin - (XHC)
Ticker Symbol: XHC
Algorithm: X13
Market Capitalization: 42 Million
Block Time: 120 seconds
Block Reward: 40 XHC
Distribution period: 2 years
Stake Interest: 5%
No pre-mine! No ICOs or IPOs!
120 second block confirm times
Difficulty re-targeting: Every block
Community Restored!
Algorithm: X13
Market Capitalization: 42 Million
Block Time: 120 seconds
Block Reward: 40 XHC
Distribution period: 2 years
Stake Interest: 5%
No pre-mine! No ICOs or IPOs!
120 second block confirm times
Difficulty re-targeting: Every block
Community Restored!
1:1 Coin Swap Block: 0 to 1 (21 Million XHC)
Fair Launch Blocks: 2 to 720 (0 XHC) 24 hours
Distribution Blocks: 721 to 525,000 (40 XHC) 2 year mining period
1 hour proof of stake minimum (to make sure the network keeps moving fast!)
Unlimited maximum proof of stake (to prevent the network from ever stopping!)
Fair Launch Blocks: 2 to 720 (0 XHC) 24 hours
Distribution Blocks: 721 to 525,000 (40 XHC) 2 year mining period
1 hour proof of stake minimum (to make sure the network keeps moving fast!)
Unlimited maximum proof of stake (to prevent the network from ever stopping!)
Bittrex is on board and will restore Honor coin for the Community! They are no longer accepting new deposits. Everyone who has coins stored at Bittrex as of yesterday, your coins will be exchanged automatically for the new XHC at launch! If you still have Honor coins in your personal wallet, then get them to Poloniex as soon as possible before the old wallet/block chain becomes invalid. Deadline for the 1:1 exchange is 11:00PM EST on July 23rd! Thanks
Honorcoin pools! 
Secondary Thread: https://cryptocointalk.com/topic/12041-honorcoin-xhc-information/
Current Windows Wallet:
https://mega.co.nz/#!wRcGiTzA!hT0GHQfb2oskeTUzI6t3vD7-_P2pcZQjiZul-B-w0xU
https://mega.co.nz/#!wRcGiTzA!hT0GHQfb2oskeTUzI6t3vD7-_P2pcZQjiZul-B-w0xU
New Twitter
https://twitter.com/Honor_Coin
https://twitter.com/Honor_Coin
Donations are much appreciated:
XHC HDFHNJjmyZsKeHMUeiYiCqpquWh62ncfRS
BTC 17YkTT3MzxRsxtRJJyc4QQXbkpWa6VTGeP
Bitcointalk Trustpoints are great as well +1
Even more so, contributions to the new development of HonorCoin
BTC 17YkTT3MzxRsxtRJJyc4QQXbkpWa6VTGeP
Bitcointalk Trustpoints are great as well +1
Even more so, contributions to the new development of HonorCoin