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Re: [ANN] [Fiatcoin]Fiatcoin – 30%+70%IPO The Fiat Exchange System Announcement
Do not leave your wallet address in the Replies, this is not a giveaway plan,30% of the free opportunity to participate just build communities.
Fiatcoin depends on the new grand code.The difference between Fiatcoin and other Crypto currency is that Fiatcoin concentrate more on the problem of Fiat s port and exit. How to transfer the Crypto currency into each countrys Fiat as well as how to transfer the Fiat into Crypto currency is the most concerning function of Fiatcoin. The biggest enemy of Crypto currency is the government. Therefore, as far as I am concerned, the Fiatcoins port and exit function will be a revolution of the Crypto currency. Although the gateway is such a powerful function. It still cant guarantee the reliability. Everyone can be the gateway is not far away from the reality, which is solved by fiatcoin.
The *how* part:First,you can imagine our bulid-in-third-party services as paypal,our bulid-in-third-party services include send money,withdrawal,deposit.
Second,you can transfer your fiatcoin into fiat when you need,for example,1fiatcoin=1dollar,you can uese the build-in exchange system to sell your fiatcoin.
Last,choose withdrawl ,we will use our "special way"(i can not give you more details,because this is our core secret)send money to your paypal or banks
Total Amount:1 billion
Distribution:POS(proof-of-stake)
Software:based on C
Characteristic:
1. The grand new system of the port of fiat (doesnt depends on the Gateway)
2. The grand new reward and punishment mechanism(solves the problem of rich are getting richer and the poor are getting poorer)
3. Anonymity
4. Not lower than the ripples property transfer speed.
5. Fiat coin wallet has the built-in Third一part system.（built-in exchange system,bulid-in-third-party services)
Innovations:Anonymous+POS2.0+Fiat Exchange Platform+Rapid transfer of assets
Whitepaper:Not finished
Email address: fiatisipmortant@gmail.com
Open source code: https://github.com/fiatcointeam/ (just in case someone would "borrow" my code, so I decided to update the code after IPO)
IPO close date:2014-6-25
10% gives to BTT membership(Only those who register BTT account before 25th and above member, May can participate in this project. If you are a new account, you can only participate through IPO)（100000000）
10% offers to developers as a reward( develop new UI for wallet, new characteristics(recasting), mobile wallets, etc.)（100000000）
10% used for population of the coin(translation, transaction platform, casting pool, media gift, third party application, etc.)（100000000）
IPO address
Btc:1BHU5SShU5JgYiEz9uiU4NhJCNUkzNweNP
meanwhile PM the launcher of the genesis post. Send the wallet address with your genesis blocking in digital format to the author, and then conform list in the google text.
A：Of course not. But what you have to realized is that the opportunity coexists with risk. There used to existed many queries when the nxt decided to do the ipo , however, it didnt obstruct the nxt became the legend. I have confidence with my own product. But you should also pay attention to a reality , that is each investment owns risks, and it depends on your own judgement.
Q：Can I earn money?
A：Good question! As what I have mentioned, I have confidence with own product and what I concentrate on is the port problem between virtual and reality. This is far more expected than any other new functions! Fiatcoin will surpass the Nxt to as a new legend.
Q:Can I take part in for many times?
A: Sure you can.
Q:Do you have a full time dev team on Fiatcoin?
A:YES. our dev team has 5 person, 2 experienced programmer and 3 marketing director. 1 of the 2 programmer have more than 10 years program experiences and familiar with altcoin development.
Chinese: https://bitcointalk.org/index.php?topic=647132.new#new
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any good news?Background
As a player, I cant help but to think how to make a connection between Crypto-Currency and the real life. Whats more, how to put the Crypto-Currency into use also puzzles me a lot.Recently, I talked with my friend Dick about this problem for a whole afternoon and we also worked very hard for 15 days for the idea and finally we come out with the method, which can connect the real life with Crypto currency. The solution is Fiatcoin.How & Why
Fiatcoin owns the most of the advantages of all the Crypto-Currency and it solves the problem of the port of fiat. Whats more, we occupy our own features.Fiatcoin depends on the new grand code.The difference between Fiatcoin and other Crypto currency is that Fiatcoin concentrate more on the problem of Fiat s port and exit. How to transfer the Crypto currency into each countrys Fiat as well as how to transfer the Fiat into Crypto currency is the most concerning function of Fiatcoin. The biggest enemy of Crypto currency is the government. Therefore, as far as I am concerned, the Fiatcoins port and exit function will be a revolution of the Crypto currency. Although the gateway is such a powerful function. It still cant guarantee the reliability. Everyone can be the gateway is not far away from the reality, which is solved by fiatcoin.
The *how* part:First,you can imagine our bulid-in-third-party services as paypal,our bulid-in-third-party services include send money,withdrawal,deposit.
Second,you can transfer your fiatcoin into fiat when you need,for example,1fiatcoin=1dollar,you can uese the build-in exchange system to sell your fiatcoin.
Last,choose withdrawl ,we will use our "special way"(i can not give you more details,because this is our core secret)send money to your paypal or banks
About
Name:FiatcoinTotal Amount:1 billion
Distribution:POS(proof-of-stake)
Software:based on C
Characteristic:
1. The grand new system of the port of fiat (doesnt depends on the Gateway)
2. The grand new reward and punishment mechanism(solves the problem of rich are getting richer and the poor are getting poorer)
3. Anonymity
4. Not lower than the ripples property transfer speed.
5. Fiat coin wallet has the built-in Third一part system.（built-in exchange system,bulid-in-third-party services)
Innovations:Anonymous+POS2.0+Fiat Exchange Platform+Rapid transfer of assets
Whitepaper:Not finished
Email address: fiatisipmortant@gmail.com
Open source code: https://github.com/fiatcointeam/ (just in case someone would "borrow" my code, so I decided to update the code after IPO)
IPO close date:2014-6-25
Downloads
Fiatcoin testing program:https://hostr.co/0QOmB12CSMqwOur future plan
The reason why I design the fiatcoin is to slove the reality problem in nowdays.---that is how to transfer your Internet wealthy into Fiat in a quick way. As far as it goes , Bitcoin is not convenient enough to replace the Fiat. Therefore, what puzzles everyones problem is that how to transfer the Crypto currency into Fiat quickly and conveniently. The biggest careerism of people is to make a kind of negotiation with the bank. That is to take the bank as the biggest Fiats port and exit so that we can break a wider grand than other Crypto currency.Distribution plan
70% gives to the investor（700000000）10% gives to BTT membership(Only those who register BTT account before 25th and above member, May can participate in this project. If you are a new account, you can only participate through IPO)（100000000）
10% offers to developers as a reward( develop new UI for wallet, new characteristics(recasting), mobile wallets, etc.)（100000000）
10% used for population of the coin(translation, transaction platform, casting pool, media gift, third party application, etc.)（100000000）
IPO address
Btc:1BHU5SShU5JgYiEz9uiU4NhJCNUkzNweNP
meanwhile PM the launcher of the genesis post. Send the wallet address with your genesis blocking in digital format to the author, and then conform list in the google text.
FAQ
Q: Are you swindles?A：Of course not. But what you have to realized is that the opportunity coexists with risk. There used to existed many queries when the nxt decided to do the ipo , however, it didnt obstruct the nxt became the legend. I have confidence with my own product. But you should also pay attention to a reality , that is each investment owns risks, and it depends on your own judgement.
Q：Can I earn money?
A：Good question! As what I have mentioned, I have confidence with own product and what I concentrate on is the port problem between virtual and reality. This is far more expected than any other new functions! Fiatcoin will surpass the Nxt to as a new legend.
Q:Can I take part in for many times?
A: Sure you can.
Q:Do you have a full time dev team on Fiatcoin?
A:YES. our dev team has 5 person, 2 experienced programmer and 3 marketing director. 1 of the 2 programmer have more than 10 years program experiences and familiar with altcoin development.
Bounties
TranslationChinese: https://bitcointalk.org/index.php?topic=647132.new#new
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Re: [ANN] CIYAM Safe - offline tx's using QR codes for comms
I am talking about CIYAM Safe, if I want to get involved into this project, how can I achieve it.
I guess that depends upon what your skills are and what you have in mind for the project.
It is open source and on github (check http://ciyam.org for the link) and it is fully functional already but is not "user friendly" (as I am the kind of person that loves using a console rather than playing with GUI).
So I would guess finding a coder to improve the "user experience" would probably be the main priority.
I think you can raise some BTC via IPO as alt coins and use these coins to hire some guys to do this, this is an amazing project, if more guys involve in this project, it will be great.
let me also add a little background of myself to the thread.
im an IT professional who has worked in the industry for going on 20 years. for the past 5 years ive specialized in Point of Sale related technolgies and service. i am trained in programming and project management however im just not a professional c++ coder. throughout my career my service has been impeccable and have always been a highly valued member of staff anywhere i worked. i also have a long track record of solving "unsolvable problems" plaguing those companies for sometimes years at just about every company i have worked for in my career.
there is much going for us who choose to help bring this coin to fruition that is already sort of in place. all we need now is.. The Coin. i have many connections in the point of sale industry and know how to cut a clear path for currency to be accepted commercially as well as what investors are looking for. this coin will be designed to be an investment opportunity for hardcore investors and community participants.
i know the question on everyone's mind is "how do you protect the value of the stock from increasing hashpower and slowing demand." or "how will this coin prevent dumping". but how much is it to pay a dev to develop this and find out. a couple btc? for the most part he will just have to cut and paste code and make edits to the algorithms behaviour in the blockchain as i specify. i am certain that if everyone on btctalk puts just a little we can make up the cost.
perhaps we can guarantee initial investors a share of coins which will be programmed into a premine. all of which would go to those investors.
is it possible we could have some pledges posted towards dev fees so i can add the funds raised to the topic title?
Sir, you want us to invest this coin without whitepaper,code,timeline,escrow except an idea, it's too risky.im an IT professional who has worked in the industry for going on 20 years. for the past 5 years ive specialized in Point of Sale related technolgies and service. i am trained in programming and project management however im just not a professional c++ coder. throughout my career my service has been impeccable and have always been a highly valued member of staff anywhere i worked. i also have a long track record of solving "unsolvable problems" plaguing those companies for sometimes years at just about every company i have worked for in my career.
there is much going for us who choose to help bring this coin to fruition that is already sort of in place. all we need now is.. The Coin. i have many connections in the point of sale industry and know how to cut a clear path for currency to be accepted commercially as well as what investors are looking for. this coin will be designed to be an investment opportunity for hardcore investors and community participants.
i know the question on everyone's mind is "how do you protect the value of the stock from increasing hashpower and slowing demand." or "how will this coin prevent dumping". but how much is it to pay a dev to develop this and find out. a couple btc? for the most part he will just have to cut and paste code and make edits to the algorithms behaviour in the blockchain as i specify. i am certain that if everyone on btctalk puts just a little we can make up the cost.
perhaps we can guarantee initial investors a share of coins which will be programmed into a premine. all of which would go to those investors.
is it possible we could have some pledges posted towards dev fees so i can add the funds raised to the topic title?
Re: [DEV ACQUIRED]Superior Coin Design: Most fair Distribution model
visibility bump: pledges currently being accepted
I will give the missing 1 btc when you have code ready and successfully tested.
I can use escrow if you dont take my word for it.
terms accepted. pm'd for confirmation
Re: [PRE-ANN](压裂币)Fractalcoin | X11 | Slingshield Premine | | 预挖0.5%
PRE-ANN Fractalcoin(压裂)
启动:星期六6月14日(18:00美国东部时间/ 22:00 UTC)
介绍
分形硬币是一项革命性的X11战俘硬币以一种新的难度调整算法(Slingshield)和一个独特的两相分配计划,确保无限期硬币仍然是可持续的和在经济上可行的。 在第一次28天前90%的硬币将被分发硬币然后转换Slingshield和基于百分比的费用将开始形成块的支柱的回报。 最终提供的块奖励将会完全基于百分比费用超出了最初的分布。
规范
X11的工作证明。
100万枚硬币。
60秒的块。
Slingshield提供先进的保护需要通过增加hashrate攻击的51%降至71%。
90%的硬币开采前28天矿业应对通货膨胀和价格不稳定。
Digishield过渡到Slingshield提供可持续的难度调整根据硬币时间表。
0.5%的交易费用后28天,确保矿业没有恶性通货膨胀仍然有利可图。
0.5% premine援助发展。
特性
费用比例
一旦激活和块奖励降低,费用块的贡献奖励将会显著增加。 这样的区块时间表硬币将能够完全维持本身具有高阻止奖励仅由硬币比例的费用。 这最终确保Fractalcoin网络仍将安全重要的未来,它也将是经济可行的。
Slingshield
一旦激活Slingshield动态调整困难,交易被添加到一个街区。 这大大降低了攻击的风险等进行双花与Slingshield攻击者现在需要网络hashrate 71%而不是51%。 这反过来又确保增加网络安全和公平的平衡两个忠诚的矿工和multipools交易费用高,只有我块。
关于Slingshield困难的完整细节调整算法在白皮书中可用在这里。
公平和稳定的发射
最初的块奖励30块不包含硬币,这是为了确保尽可能公平。 这意味着池有时间来确认他们的系统是按预期工作,每个人都有一个公平的机会来解开他们的钱包,如果他们希望建立单独开采。
透明premine分布
将会有0.5%或5000年压裂premine硬币的进一步发展将用于资助和奖励的创始人和开发人员很难把这枚硬币变成现实,它将分布如下:
0.1%的3创始人Cryptolabs技术,Fractalcoin的创造者。
硬币的丰硕成果与发展为0.2%。
池
RapidHash
xHash
dedicatedpool
SuchPool
cryptoday
MinePit
becausepool
奖励计划
在最初的30块的奖励计划的硬币硬币功能快速分布前28天。 大奖励可供挖掘第一和最后一天的初始阶段奖励早期采用者和也吸引那些可能已经错过了最初的版本。
最初的分阶段:Digishield
1:5000年压裂Premine
2 - 31:0压裂(确保发射是公平的,每个人包括池正准备推出)
32 -1471:40压裂(1天)
1472 - 20191:20压裂(13天)
20192 - 38912:10压裂(13天)
38913 - 40352:40压裂(1天)
最后分阶段:激活Slingshield和0.5%费用
40353 - 318230:1压裂(大约221天)
318231年及以后:0压裂
从奖励块31831年起将全面持续的百分比费用。
钱包
Fractalcoin钱包有密码保护下面的形式。 这个密码将在安线程启动发布。
窗户(初级) (镜子)
Mac (初级) (镜子)
Linux(很快)
Fractalcoin源代码可以在发射前15分钟在GitHub库在这里。
社交媒体
推特
脸谱网
reddit
Cryptocointalk
IRC(自由节点)# fractalcoin
PRE-ANN翻译
西班牙语
赏金
翻译PRE-ANN和安线程成普通话(25 + 25压裂)
翻译PRE-ANN和安线程成西班牙语(25 + 25压裂)
翻译PRE-ANN和安线程进入德国(25 + 25压裂)
翻译PRE-ANN和安线程进入俄罗斯(25 + 25压裂)
翻译PRE-ANN和安线程到意大利(25 + 25压裂)
的视频解释Fractalcoin[100压裂]
生产的服务利用Fractalcoin[100压裂]
高质量和信息网站设计Fractalcoin[400压裂]
Blockchain explorer(100年压裂)
网络端口
RCP = 33111
P2P = 33112
好逼，支持一下。启动:星期六6月14日(18:00美国东部时间/ 22:00 UTC)
介绍
分形硬币是一项革命性的X11战俘硬币以一种新的难度调整算法(Slingshield)和一个独特的两相分配计划,确保无限期硬币仍然是可持续的和在经济上可行的。 在第一次28天前90%的硬币将被分发硬币然后转换Slingshield和基于百分比的费用将开始形成块的支柱的回报。 最终提供的块奖励将会完全基于百分比费用超出了最初的分布。
规范
X11的工作证明。
100万枚硬币。
60秒的块。
Slingshield提供先进的保护需要通过增加hashrate攻击的51%降至71%。
90%的硬币开采前28天矿业应对通货膨胀和价格不稳定。
Digishield过渡到Slingshield提供可持续的难度调整根据硬币时间表。
0.5%的交易费用后28天,确保矿业没有恶性通货膨胀仍然有利可图。
0.5% premine援助发展。
特性
费用比例
一旦激活和块奖励降低,费用块的贡献奖励将会显著增加。 这样的区块时间表硬币将能够完全维持本身具有高阻止奖励仅由硬币比例的费用。 这最终确保Fractalcoin网络仍将安全重要的未来,它也将是经济可行的。
Slingshield
一旦激活Slingshield动态调整困难,交易被添加到一个街区。 这大大降低了攻击的风险等进行双花与Slingshield攻击者现在需要网络hashrate 71%而不是51%。 这反过来又确保增加网络安全和公平的平衡两个忠诚的矿工和multipools交易费用高,只有我块。
关于Slingshield困难的完整细节调整算法在白皮书中可用在这里。
公平和稳定的发射
最初的块奖励30块不包含硬币,这是为了确保尽可能公平。 这意味着池有时间来确认他们的系统是按预期工作,每个人都有一个公平的机会来解开他们的钱包,如果他们希望建立单独开采。
透明premine分布
将会有0.5%或5000年压裂premine硬币的进一步发展将用于资助和奖励的创始人和开发人员很难把这枚硬币变成现实,它将分布如下:
0.1%的3创始人Cryptolabs技术,Fractalcoin的创造者。
硬币的丰硕成果与发展为0.2%。
池
RapidHash
xHash
dedicatedpool
SuchPool
cryptoday
MinePit
becausepool
奖励计划
在最初的30块的奖励计划的硬币硬币功能快速分布前28天。 大奖励可供挖掘第一和最后一天的初始阶段奖励早期采用者和也吸引那些可能已经错过了最初的版本。
最初的分阶段:Digishield
1:5000年压裂Premine
2 - 31:0压裂(确保发射是公平的,每个人包括池正准备推出)
32 -1471:40压裂(1天)
1472 - 20191:20压裂(13天)
20192 - 38912:10压裂(13天)
38913 - 40352:40压裂(1天)
最后分阶段:激活Slingshield和0.5%费用
40353 - 318230:1压裂(大约221天)
318231年及以后:0压裂
从奖励块31831年起将全面持续的百分比费用。
钱包
Fractalcoin钱包有密码保护下面的形式。 这个密码将在安线程启动发布。
窗户(初级) (镜子)
Mac (初级) (镜子)
Linux(很快)
Fractalcoin源代码可以在发射前15分钟在GitHub库在这里。
社交媒体
推特
脸谱网
Cryptocointalk
IRC(自由节点)# fractalcoin
PRE-ANN翻译
西班牙语
赏金
翻译PRE-ANN和安线程成普通话(25 + 25压裂)
翻译PRE-ANN和安线程成西班牙语(25 + 25压裂)
翻译PRE-ANN和安线程进入德国(25 + 25压裂)
翻译PRE-ANN和安线程进入俄罗斯(25 + 25压裂)
翻译PRE-ANN和安线程到意大利(25 + 25压裂)
的视频解释Fractalcoin[100压裂]
生产的服务利用Fractalcoin[100压裂]
高质量和信息网站设计Fractalcoin[400压裂]
Blockchain explorer(100年压裂)
网络端口
RCP = 33111
P2P = 33112
Thanks.
I have a few questions that I would like to ask.
1) How do we stop against forks from happening? It might spawn a nightmare of clones. Do you have a team that focuses on community building or will you release it, have the code audited, and once everything is good, release it as open source further on?
2) What is the price per coin in USD? 0.01-0.02 cents per coin is pretty favorable, 0.05 cents is a bit too much. How much funds are you looking to get? And how are you going to use the premine funds?
268,824,600 (268.9 million)
Launch date: TBD depending on time to fully fund Presale.
Premine: 8% [5% Presale, 2% Devs, 1% Bounties and Rewards]
At 8%, that is about 21.52 million coins. At 0.01 cent per coin, that would be $215,200 which is a lot of money. With 134,500 going to the premine. More if the price per coin that you set will be higher. Just curious what the money will be for?
Independent security audits?
5% presale is too small, price will be dump by miners quickly when it hits platform, 60% is better.I have a few questions that I would like to ask.
1) How do we stop against forks from happening? It might spawn a nightmare of clones. Do you have a team that focuses on community building or will you release it, have the code audited, and once everything is good, release it as open source further on?
2) What is the price per coin in USD? 0.01-0.02 cents per coin is pretty favorable, 0.05 cents is a bit too much. How much funds are you looking to get? And how are you going to use the premine funds?
268,824,600 (268.9 million)
Launch date: TBD depending on time to fully fund Presale.
Premine: 8% [5% Presale, 2% Devs, 1% Bounties and Rewards]
At 8%, that is about 21.52 million coins. At 0.01 cent per coin, that would be $215,200 which is a lot of money. With 134,500 going to the premine. More if the price per coin that you set will be higher. Just curious what the money will be for?
Independent security audits?
Re: [ANN] Levelcoin - Proof of Stake / Proof of Burn Hybrid - Inflation Immune
Hello Bitcointalk!
My name is David Elsinger and today I would like to present a new Proof of Stake/Proof of Burn cryptocurrency that is currently in development named Levelcoin. Why Levelcoin? The reason is because the coin is divided into two levels. Let me explain.
Level 1 (LV1) coins are the name of the currency that will be distributed via the pre launch fundraiser. These are the coins that will be on exchanges and can be bought and sold. These coins will generate four additional LV1 coin per week for every 1,000 LV1 coins that you own (updates fractionally on the blockchain every 15 seconds and are rounded up to the nearest millionth). This means that in one year of holding 1,000 LV1 coins, you will receive roughly 200 LV1 coins, or 20% per annum. Doesn't seem like much? Keep reading.
Level 2 (LV2) coins can only be obtained by burning Level 1 coins. For every 1,000 LV1 coins that are burned you will receive one LV2 coin. These coins can not be exchanged, sold, or discarded by any means and will be attached to the wallet indefinitely. Each LV2 coin will generate twenty LV1 coins per week. In one year of holding one single LV2 coin, you will receive roughly 1,000 LV1 coins. This equates to achieving a 100% ROI within a year. Much better isn't it?
All coins have diminishing returns.This is to punish hoarding. After the ROI is met, coins will generate 1% less Level 1 coins per month. This is multiplicative and not additive, so reaching a point where a coin stops generating is unlikely anytime in the near future. This is a good thing and will keep both the exchanges and the amount being burned higher than it would be without diminishing returns.
This cycle is revolutionary in the sense that someone holding LV2 coins will generate coins at a fast rate and cause inflation, yet to get LV2 coins they would need to burn LV1 coins and that would cause deflation. In every case of inflation, there is a stronger deflation to counteract it. This may very well be the first currency, both fiat and crypto, that has a built in mechanism to eliminate inflation on a very large scale. The cherry on top is that this deflation is instant, whereas inflation is dragged out over a long period of time. Let me give you an example:
Assuming a constant demand, a typical Proof of Work or Proof of Stake coin will lose a vast amount of value as the supply of coins on the market increases. A Proof of Burn coin on it's own will forever be attached to a Proof of Work or Proof of Stake coin and by association will also lose value over time, again noting that this assumes a constant demand. Levelcoin on the other hand has evolved to use a combination of the best features of Proof of Stake and Proof of Burn. This has lead to a system that is highly resistant to inflation and may in fact have the opposite effect. Assuming a constant demand, the value of Levelcoin will likely increase as more and more people burn their LV1 coins, causing supply to dwindle.
Nothing like this has been tried before and should the system work as planned, any founder will see an enormous return on investment. There is very little incentive for users to "pump and dump" or to flip in and out. This coin caters more towards loyalists, and considering that there will not be botnets nor ASCI's to deal with, everyone will have an equal opportunity to take part. The system is built around simplicity. Have you noticed how all new self proclaimed "next generation" currencies are getting more and more complex, both in their algorithm and distribution methods? There is no need for that, and Levelcoin aims to prove that. Google had the right idea by creating a simple search engine, and look where that got them!
Those who have faith in the currency and are in it for the long haul will reap enormous benefits from burning their LV1 coins to obtain LV2 coins and then selling the LV1 coins obtained via interest on an exchange that will likely be proprietary. Or they could choose to burn those new coins and compound their interest while at the same time creating scarcity for LV1 coins. The choice is yours. There will always be demand due to the fact that LV2 coins can not be obtained in any way other than by the purchase and burning of LV1 coins.
As a disclaimer, I will not be holding any of this currency so there will be absolutely zero dilution. My funding will be entirely based on pre launch fundraiser. Currently I am in the coding phase, there are still some kinks to work out and I have to apply every scenario possible to ensure that this system is not exploited in any way, though from what I have tested thus far it seems highly unlikely.
The success of this coin lies entirely on its initial demand, that's where I need your help. I had initially thought of using Kickstarter to fund this project but decided to go this route as it seems to be sufficient. I will be accepting BTC and LTC for the pre launch with a time frame of approximately half a month after which absolutely no additional coins will be distributed, though I reserve the right to cancel the pre-sale at any moment should I feel too many LV1 coins will be sent out.
If you are interested in purchasing LV1 coins at 100,000 LV1 coins per BTC or 2,850 LV1 coins per LTC, then please send the allotted amount to the below address and please PM me both your sending address and the TxID along with an e-mail address that I can use to contact you. All purchases will be kept 100% confidential.
Direct funding is currently set to end in TWO DAYS. Limited time offer to receive 1.5x the amount of coins!
Funding will also include access to the closed beta which will last two weeks.
Pre-Launch funding addresses:
BTC- 1Padc5wujXQamfR8r2Dig45BFh7SiT2AE4
LTC- LPn7WpdnZ3MSdDajbFMsJuVi44BeYEauKG
These funds will be used in a variety of ways. The most obvious would be to help fund development. As you can see, I do not have a coin logo, website or anything shiny and glittery to show for this. I am building the wallet from the ground up and have not used source code from any other cryptocurrency. I am a coder and that is all I know how to do. At this time I need a graphic designer, a web designer,a marketing manager and someone who specializes in creating graphs and charts to illustrate how the system works. These roles will be funded via the pre launch fundraiser.
Once I have an official web site and forum I will be accepting volunteers for administrative and moderator roles. These roles will be given first and foremost to the top investors should they accept. A small portion of the funding will be set aside to purchase LV1 coins at market price should the price fall to unreasonably low levels, consider this a sort of "buyback" protection against sharp declines. And lastly of course I will retain a couple of BTC/LTC for myself because I feel I deserve it. If you plan on using any of my ideas for your own project, please feel free to leave a donation!
Thank you for your time and consideration! Please show your support in the comments below.
David Elsinger, Levelcoin Dev
Current Founders
el****sy - 1 BTC
fr****e - 1 LTC
ri*** - 0.053 BTC
gk***y - 0.5 LTC
vh*********els - 1 BTC
l*** - 1 BTC
ka****13 - 0.02 BTC
da***t - 0.1 BTC
da*****ox - 0.1 BTC
ko****s - 0.1 BTC
m*****k - 1 LTC
be***r - 0.51 BTC
al****s - 5 LTC
je******4 - 0.4 BTC
ma*******9 - 5 LTC
t*****y - 0.02 BTC
l*****s - 0.005 BTC
b******r - 0.3305 BTC
ir*********c - 0.5 BTC
co****r - 0.3 BTC
s*****n - 0.219 BTC
i****v - 0.15 BTC, 10 LTC
b*****r - 0.3 BTC
t********w - 1 BTC
l******n - 6 LTC
a*******! - 0.2 BTC
s******y - 1 BTC
d******k - 1 BTC
ob******e - 1 BTC
se********m - 7.8 LTC
h******m - 0.1 BTC
r***n - 0.3 BTC
b********3 - 1 BTC
q****r - 1 BTC
a*****d - 0.7 BTC
u***4 - 10 LTC
p**********u - 1 BTC
d*** - 1 BTC
m******e - 1 BTC
t********s - 1 BTC
f******t - 30 LTC
m****w - 1 BTC
d*****w - 0.1 BTC
y******p - 1 BTC
g*******r - 1 BTC
p********r - 0.05 BTC
My name is David Elsinger and today I would like to present a new Proof of Stake/Proof of Burn cryptocurrency that is currently in development named Levelcoin. Why Levelcoin? The reason is because the coin is divided into two levels. Let me explain.
Level 1 (LV1) coins are the name of the currency that will be distributed via the pre launch fundraiser. These are the coins that will be on exchanges and can be bought and sold. These coins will generate four additional LV1 coin per week for every 1,000 LV1 coins that you own (updates fractionally on the blockchain every 15 seconds and are rounded up to the nearest millionth). This means that in one year of holding 1,000 LV1 coins, you will receive roughly 200 LV1 coins, or 20% per annum. Doesn't seem like much? Keep reading.
Level 2 (LV2) coins can only be obtained by burning Level 1 coins. For every 1,000 LV1 coins that are burned you will receive one LV2 coin. These coins can not be exchanged, sold, or discarded by any means and will be attached to the wallet indefinitely. Each LV2 coin will generate twenty LV1 coins per week. In one year of holding one single LV2 coin, you will receive roughly 1,000 LV1 coins. This equates to achieving a 100% ROI within a year. Much better isn't it?
All coins have diminishing returns.This is to punish hoarding. After the ROI is met, coins will generate 1% less Level 1 coins per month. This is multiplicative and not additive, so reaching a point where a coin stops generating is unlikely anytime in the near future. This is a good thing and will keep both the exchanges and the amount being burned higher than it would be without diminishing returns.
This cycle is revolutionary in the sense that someone holding LV2 coins will generate coins at a fast rate and cause inflation, yet to get LV2 coins they would need to burn LV1 coins and that would cause deflation. In every case of inflation, there is a stronger deflation to counteract it. This may very well be the first currency, both fiat and crypto, that has a built in mechanism to eliminate inflation on a very large scale. The cherry on top is that this deflation is instant, whereas inflation is dragged out over a long period of time. Let me give you an example:
Assuming a constant demand, a typical Proof of Work or Proof of Stake coin will lose a vast amount of value as the supply of coins on the market increases. A Proof of Burn coin on it's own will forever be attached to a Proof of Work or Proof of Stake coin and by association will also lose value over time, again noting that this assumes a constant demand. Levelcoin on the other hand has evolved to use a combination of the best features of Proof of Stake and Proof of Burn. This has lead to a system that is highly resistant to inflation and may in fact have the opposite effect. Assuming a constant demand, the value of Levelcoin will likely increase as more and more people burn their LV1 coins, causing supply to dwindle.
Nothing like this has been tried before and should the system work as planned, any founder will see an enormous return on investment. There is very little incentive for users to "pump and dump" or to flip in and out. This coin caters more towards loyalists, and considering that there will not be botnets nor ASCI's to deal with, everyone will have an equal opportunity to take part. The system is built around simplicity. Have you noticed how all new self proclaimed "next generation" currencies are getting more and more complex, both in their algorithm and distribution methods? There is no need for that, and Levelcoin aims to prove that. Google had the right idea by creating a simple search engine, and look where that got them!
Those who have faith in the currency and are in it for the long haul will reap enormous benefits from burning their LV1 coins to obtain LV2 coins and then selling the LV1 coins obtained via interest on an exchange that will likely be proprietary. Or they could choose to burn those new coins and compound their interest while at the same time creating scarcity for LV1 coins. The choice is yours. There will always be demand due to the fact that LV2 coins can not be obtained in any way other than by the purchase and burning of LV1 coins.
As a disclaimer, I will not be holding any of this currency so there will be absolutely zero dilution. My funding will be entirely based on pre launch fundraiser. Currently I am in the coding phase, there are still some kinks to work out and I have to apply every scenario possible to ensure that this system is not exploited in any way, though from what I have tested thus far it seems highly unlikely.
The success of this coin lies entirely on its initial demand, that's where I need your help. I had initially thought of using Kickstarter to fund this project but decided to go this route as it seems to be sufficient. I will be accepting BTC and LTC for the pre launch with a time frame of approximately half a month after which absolutely no additional coins will be distributed, though I reserve the right to cancel the pre-sale at any moment should I feel too many LV1 coins will be sent out.
If you are interested in purchasing LV1 coins at 100,000 LV1 coins per BTC or 2,850 LV1 coins per LTC, then please send the allotted amount to the below address and please PM me both your sending address and the TxID along with an e-mail address that I can use to contact you. All purchases will be kept 100% confidential.
Direct funding is currently set to end in TWO DAYS. Limited time offer to receive 1.5x the amount of coins!
Funding will also include access to the closed beta which will last two weeks.
Pre-Launch funding addresses:
BTC- 1Padc5wujXQamfR8r2Dig45BFh7SiT2AE4
LTC- LPn7WpdnZ3MSdDajbFMsJuVi44BeYEauKG
These funds will be used in a variety of ways. The most obvious would be to help fund development. As you can see, I do not have a coin logo, website or anything shiny and glittery to show for this. I am building the wallet from the ground up and have not used source code from any other cryptocurrency. I am a coder and that is all I know how to do. At this time I need a graphic designer, a web designer,a marketing manager and someone who specializes in creating graphs and charts to illustrate how the system works. These roles will be funded via the pre launch fundraiser.
Once I have an official web site and forum I will be accepting volunteers for administrative and moderator roles. These roles will be given first and foremost to the top investors should they accept. A small portion of the funding will be set aside to purchase LV1 coins at market price should the price fall to unreasonably low levels, consider this a sort of "buyback" protection against sharp declines. And lastly of course I will retain a couple of BTC/LTC for myself because I feel I deserve it. If you plan on using any of my ideas for your own project, please feel free to leave a donation!
Thank you for your time and consideration! Please show your support in the comments below.
David Elsinger, Levelcoin Dev
Current Founders
el****sy - 1 BTC
fr****e - 1 LTC
ri*** - 0.053 BTC
gk***y - 0.5 LTC
vh*********els - 1 BTC
l*** - 1 BTC
ka****13 - 0.02 BTC
da***t - 0.1 BTC
da*****ox - 0.1 BTC
ko****s - 0.1 BTC
m*****k - 1 LTC
be***r - 0.51 BTC
al****s - 5 LTC
je******4 - 0.4 BTC
ma*******9 - 5 LTC
t*****y - 0.02 BTC
l*****s - 0.005 BTC
b******r - 0.3305 BTC
ir*********c - 0.5 BTC
co****r - 0.3 BTC
s*****n - 0.219 BTC
i****v - 0.15 BTC, 10 LTC
b*****r - 0.3 BTC
t********w - 1 BTC
l******n - 6 LTC
a*******! - 0.2 BTC
s******y - 1 BTC
d******k - 1 BTC
ob******e - 1 BTC
se********m - 7.8 LTC
h******m - 0.1 BTC
r***n - 0.3 BTC
b********3 - 1 BTC
q****r - 1 BTC
a*****d - 0.7 BTC
u***4 - 10 LTC
p**********u - 1 BTC
d*** - 1 BTC
m******e - 1 BTC
t********s - 1 BTC
f******t - 30 LTC
m****w - 1 BTC
d*****w - 0.1 BTC
y******p - 1 BTC
g*******r - 1 BTC
p********r - 0.05 BTC
Re: [ANNOUNCE] OFFICIAL SWARM THREAD - GET SWARM COIN TO LAUNCH YOUR IDEAS
Welcome to the official SWARM thread!
The official Swarm crowdsale has started and we are proud to share that we have reached our presale target of 500 BTC!
Please go to http://swarmcorp.com/ and buy yours with Bitcoin
SWARM = Cryptoequity and Distributed Crowdfunding
Total Cap: 100,000,000 SWARM coins
Presale
Target: 500 BTC (achieved)
Phase One:
June 17th - June 27th
Target: 4000 BTC
Phase Two:
TBA - July 20th
Target: 17,000 BTC
Platform: Counterparty
Phase One consists of 4,000 Bitcoin; people participating on day one will receive 5,250 SWARM coin per Bitcoin. As more Bitcoins are received, the number of SWARM coin distributed will decrease to 4,750 until the end of Phase One. After a short cooling-off period, there will be a Phase Two with a 17,000 Bitcoins cap with a conversion rate of 4,250 SWARM coin, decreasing to 3,750 per Bitcoin until they are all gone.
SWARM is a distributed crowdfunding platform. If you buy SWARM coins you are rewarded by the trickle of equity from all the businesses that are chosen in the SWARM network. For example, if you have a great Bitcoin business idea you can get it funded by SWARM. The business would issue their own token on the Counterparty protocol and have a percentage of their equity funneled back to the SWARM coin holders automatically.
The beauty of this is that you dont strictly need venture capitalists to fund the businesses. The capital comes from all the participants in the network who are SWARM coin holders. Unlike Kickstarter you now have a stake in the companies you fund because the token can be traded on the free market. The SWARM network decides which businesses they want in the network by due diligence and voting with their SWARM coins.
Check out http://www.reddit.com/r/Swarming/
Details:
http://www.coindesk.com/swarm-take-bitcoin-crowdfunding-new-heights/
http://bitcoinmagazine.com/13763/swarm-redefines-crowdfunding/
http://cointelegraph.com/news/111694/swarm_crowdfunding_with_cryptocurrency_2_0_technology
Click here to see much more articles
CEO Joel Dietz (https://www.linkedin.com/in/joeldietz):
"The Oculus Rift raised over $2m dollars on Kickstarter and then the owner turned around and sold it to Facebook for $2bn. What did the participants in the crowdfunder get? A t-shirt?
Here is how the value of Swarm Coins will break down:
At Day One of Phase One, one BTC will be worth 5,250 Swarm Coins. That price will gradually decline.
By the last day of Phase One, one BTC will be worth 4,750 Swarm Coins.
At Day One of Phase Two, one BTC will be worth 4,250 Swarm Coins. The same gradual decline applies.
At the end of Phase Two, one BTC will be worth 3,650 Swarm Coins.
To understand progress on IPO, check out
1) Swarm homepage: http://www.swarmcorp.com/
2) Check BTC deposit: https://blockchain.info/address/12GZL7shupvmHapCmhw81GDa5GmaTqaZdk (add 500 BTC and devide by 4500)
The official Swarm crowdsale has started and we are proud to share that we have reached our presale target of 500 BTC!
Please go to http://swarmcorp.com/ and buy yours with Bitcoin
SWARM = Cryptoequity and Distributed Crowdfunding
Total Cap: 100,000,000 SWARM coins
Presale
Target: 500 BTC (achieved)
Phase One:
June 17th - June 27th
Target: 4000 BTC
Phase Two:
TBA - July 20th
Target: 17,000 BTC
Platform: Counterparty
Phase One consists of 4,000 Bitcoin; people participating on day one will receive 5,250 SWARM coin per Bitcoin. As more Bitcoins are received, the number of SWARM coin distributed will decrease to 4,750 until the end of Phase One. After a short cooling-off period, there will be a Phase Two with a 17,000 Bitcoins cap with a conversion rate of 4,250 SWARM coin, decreasing to 3,750 per Bitcoin until they are all gone.
SWARM is a distributed crowdfunding platform. If you buy SWARM coins you are rewarded by the trickle of equity from all the businesses that are chosen in the SWARM network. For example, if you have a great Bitcoin business idea you can get it funded by SWARM. The business would issue their own token on the Counterparty protocol and have a percentage of their equity funneled back to the SWARM coin holders automatically.
The beauty of this is that you dont strictly need venture capitalists to fund the businesses. The capital comes from all the participants in the network who are SWARM coin holders. Unlike Kickstarter you now have a stake in the companies you fund because the token can be traded on the free market. The SWARM network decides which businesses they want in the network by due diligence and voting with their SWARM coins.
Check out http://www.reddit.com/r/Swarming/
Details:
http://www.coindesk.com/swarm-take-bitcoin-crowdfunding-new-heights/
http://bitcoinmagazine.com/13763/swarm-redefines-crowdfunding/
http://cointelegraph.com/news/111694/swarm_crowdfunding_with_cryptocurrency_2_0_technology
Click here to see much more articles
CEO Joel Dietz (https://www.linkedin.com/in/joeldietz):
"The Oculus Rift raised over $2m dollars on Kickstarter and then the owner turned around and sold it to Facebook for $2bn. What did the participants in the crowdfunder get? A t-shirt?
Here is how the value of Swarm Coins will break down:
At Day One of Phase One, one BTC will be worth 5,250 Swarm Coins. That price will gradually decline.
By the last day of Phase One, one BTC will be worth 4,750 Swarm Coins.
At Day One of Phase Two, one BTC will be worth 4,250 Swarm Coins. The same gradual decline applies.
At the end of Phase Two, one BTC will be worth 3,650 Swarm Coins.
To understand progress on IPO, check out
1) Swarm homepage: http://www.swarmcorp.com/
2) Check BTC deposit: https://blockchain.info/address/12GZL7shupvmHapCmhw81GDa5GmaTqaZdk (add 500 BTC and devide by 4500)
Good, I am in.
IPO一部分，免费发一部分。刷子们准备好吧，不拿白不拿。IPO的没有担保，傻子去投吧。
这样说的人一般都偷偷投了好多大饼了。We have our own forum now at http://storjtalk.org. We will be giving out 1 SJ0 per post when we do our crowdsale soon.
weariness for too much IPO. hope STORJ good lucky!
any patent problem with Storj ? http://www.jstor.org/
We are doing a crowdsale so we can have more full time developers on the project. Working out the final details this week. I think once we release the details you will see that this is way different than what you are used to.
We should be fine on that.
Re: █████ ***** THE ZEROCOIN / ZEROCASH SOURCE - Truly anonymous coin ***** █████
Thanks man, is there any thread to track the development status.
This is it. 
that´s true if you take a look at the first page, you will find even more sources.
Thanks, when Zerocash is done, where can we buy some, do you have a platform already?
Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace
Is anyone still buying in to this scam?
Why do you say this is a scam?