TriCoin (Tri) http://i.imgur.com/Z6h0b4w.pngSpecifications
General:Symbol: TRI
Algorithm: X11 POW/POS (POW limited, then pure POS)
Block Time: 60 seconds
POW:Total Coins (by POW): 43,200
Difficulty Retarget: 10 blocks
Block Reward: 0.5
POS:Min age: 10 days
Max age: unlimited
Mined/Minted Blocks Maturity: 60
Stake Interest: %100 per year
IPO
TriCoin will have an IPO which will consist of %50 of all PoW coins (21,600 coins) . These will be sold to people who are interested in supporting TriCoin whilst at the same time giving them a great investment opportunity. We will accept a maximum of 10 BTC for all the IPO coins. This will provide TriCoin with a market cap of $6,000 (As of 7/8/14) which puts it at 277th on coinmarketcap, this leaves huge potential for investors to multiply there money just from investing. If we do not receive the 10 BTC by the time the IPO finishes the coins will be destroyed which will help to make the coin more scarce which will provide a greater opportunity for those who invested to earn.
How can you trust me?
You may not wish to trust us with your coins at first so we are looking for an escrow agent willing to provide escrow for this coin.
How to join the IPO:
1. Send BTC (0,01 minimum) to: 16sJczR5QQ1p2jTb29Cg6Dxj4etD5Jhqzz
2. Immediately send a private message containing your transaction ID and amount sent
3. You will be added to a table showing your % of all coins.
4. When the coin launches PM me from the same account with your TriCoin Address
(We are looking for escrow. If you can escrow please message us.)
About
TriCoin is a brand new Decentralized digital currency. TriCoin can be used to pay for things, as an investment, for games (Coming soon) and more. It utilizes the x11 algorithm for its proof of work. It also incorporates Proof Of Stake at the rate of %100 per annum. It will be mined over a period of 30 days producing 43,200 TriCoins.
TriCoin aims to be a long term currency rather than a one time pump and dump like many of todays coins. Some of the benifits of TriCoin are having long term and ongoing development, energy efficient algorithm along with energy efficient distribution method (PoS), Low initial market cap (High growth potential) and much more. With TriCoin anyone can get involved whether you be a miner, trader, coder or anything!
Upcoming Features/Possibilites
Flavored Wallet: We are looking into having multiple different wallet types for various users which contain various features, one example would be a wallet similar to that of MegaCoin or silkcoin. Along with this we are looking at the possibility of a Dual wallet (BTC/TRI) and a lite wallet.
Anonymous features?: If there is a significant demand for anonymous features in TriCoin we will look into implementing it into TriCoin. If you think this should be included please say so!
And more to come.
Timeline
(GMT)
July 9, 2014 - Announcement
July 19, 2014 - IPO Finish
July 20, 2014 - Coin Launch (00:00 GMT/UTC)
August 19, 2014 - PoW end PoS start
(More in the works)
Pools
TBC
Exchanges
TBC (Bittrex?)
Bounties
Coming soon.
