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Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin | Relaunch in 2 weeks
by
profitus
on 27/05/2014, 18:42:32 UTC

hello Dev can we send our coin on Bittrex now from our wallet ? or we have to wait until New wallet release ? I have near about 700k coins in my wallet i am worried about it !

Hiya PTseller,

Yes, you can send them now if you like. The only time they're required to be on an exchange is during the upgrade, which is 2 weeks from now. The exchanges and I are going to make this process as smooth as possible, with little loss, if any. No need to worry about losing coins  Wink

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Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin | Relaunch in 2 weeks
by
profitus
on 26/05/2014, 19:31:56 UTC
Dev, I got 100k CFC in my Stake Balance... What will happen to them? And how will we be able to switch them?

First paragraph

Concerning the wallet update...

I had a nice, long conversation with Orangecoindev, and CFC's source code is a lot worse than we initially thought. So bad, in fact, that we will have to re-release CFC and do a 1:1 swap. Our source is based on out-of-date code, and allowed incorrect genesis block data to pass through (PM me if you want exact details). Whether through a Ybcoin fork with CFC specs, or old CFC source with patches, the new updates cannot be applied. I'm getting us prepared for a 1:1 swap by asking around our listed exchanges. Basically, we need one of them to host a CFCv1/CFCv2 trading pair, preferably with 0% fee. While I don't entirely agree with our former dev's distribution method, what's done is done, and I will not allow anyone to lose their holdings!

Timeline for fix is 1 week for development, 1 week for testing. We can use this time to work out our new specifications; I need to get them over to OCdev by tomorrow. Here's what we're currently have, with my proposed changes in bold:

Interest: The first year of annual interest 10%. Interest will decrease by .95*previous year's interest, until a floor of 1% is reached.
Algorithm: Scrypt POS+POW Remove POW
Block Time: 20 seconds
Total Coin: 100,000,000 CFC
Mined Block Confirmation: 40
Transaction Confirmation: 3
POW Reward: 0.0001 CFC Zero, once POW is removed
Min stake age: 3 days Reduce to 24 hours
Max stake age: 9 days Increase to 90 days
Add Coin Control
Add "Unlock Wallet" button for ease of staking an encrypted wallet
Add daemon with release by default

Port: 16789
Rpc port: 16889

Please take part in the poll to decide the future specs of our coin!

My goal is for no one to lose any of their coins. It might be possible that the exchanges can just do the swap behind the scenes; that would totally negate the need for CFCv1/CFCv2 parity and would be a lot easier. I'm working that out now, and will post my findings as soon as possible.
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Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 26/05/2014, 19:20:26 UTC
Concerning the wallet update...

I had a nice, long conversation with Orangecoindev, and CFC's source code is a lot worse than we initially thought. So bad, in fact, that we will have to re-release CFC and do a 1:1 swap. Our source is based on out-of-date code, and allowed incorrect genesis block data to pass through (PM me if you want exact details). Whether through a Ybcoin fork with CFC specs, or old CFC source with patches, the new updates cannot be applied. I'm getting us prepared for a 1:1 swap by asking around our listed exchanges. Basically, we need one of them to host a CFCv1/CFCv2 trading pair, preferably with 0% fee. While I don't entirely agree with our former dev's distribution method, what's done is done, and I will not allow anyone to lose their holdings!

Timeline for fix is 1 week for development, 1 week for testing. We can use this time to work out our new specifications; I need to get them over to OCdev by tomorrow. Here's what we're currently have, with my proposed changes in bold:

Interest: The first year of annual interest 10%. Interest will decrease by .95*previous year's interest, until a floor of 1% is reached.
Algorithm: Scrypt POS+POW Remove POW
Block Time: 20 seconds
Total Coin: 100,000,000 CFC
Mined Block Confirmation: 40
Transaction Confirmation: 3
POW Reward: 0.0001 CFC Zero, once POW is removed
Min stake age: 3 days Reduce to 24 hours
Max stake age: 9 days Increase to 90 days
Add Coin Control
Add "Unlock Wallet" button for ease of staking an encrypted wallet
Add daemon with release by default

Port: 16789
Rpc port: 16889

Please take part in the poll to decide the future specs of our coin!

I believe you also need to consider that not all coins will be exchanged, so my proposition is that you give around 7 days to people to exchange their coins and once that is done, all remaining coins are distributed via a new giveaway.

I've taken that into consideration, and will have another, longer-running poll to decide the fate of the remaining coins. As for how long I will keep the exchange period available is still up in the air. 7 days sounds like a nice number though, thank you Smiley

Well people might vote that the remaining coins are destroyed by sending them to an address with no private keys, however imho it's much better to use the opportunity and create some positive buzz around the new launch and do a giveaway to many people with small stakes.

I could always load up the faucet and turn up the payout. If we did a giveaway, it would have to be based on a trustless system and released in chucks that do not encourage dumping.
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Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 15/05/2014, 16:45:23 UTC
So i emailed madbitcoins in other to be feature in the coin of the week campaign they are doing, this is based on donations each week they mention the winner coin and everything carries over each week in till we win coin of the week.


ill let you guys know when we get listed and the address for donations.

Thanks, I'll update the OP once I receive access credentials.
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Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 15/05/2014, 16:39:11 UTC
Potential Rich List

OK, guys here's the scoop. Coinplorer will add us if we can raise the equivalent of $500 USD in ANY currency. Sure, I could just pay it out of pocket right now, but one person doesn't have anywhere near the effect of a whole community. They would even accept CFC, but I immediately thought about our trading price... I want some feedback: Should we go this route, or shouldn't we? If there is an open source version somewhere, list it and I'll see about hosting somehow. 

We need to get our market cap up and make our currency worth more per coin. Then, and only then can we stretch our wallets' worth. We need the crypto community to see that we are serious about our endeavors. Let's come together and show them what we're made of! I don't know about you guys, but my veins are filled with coffee and win.

SO... to fundraise, or not to fundraise. THAT is the question. Whether 'tis nobler in the mind to suffer the dumps and sell pressure of outrageous pseudo-whales...

Keep voting on Mintpal and bugging Poloniex! Once we get rid of the weak-hands, we're golden!

Delving deeper into the Coinplorer website, it seems to be closer in relation to Blockchan.info than a rich list hmmm... I'm thinking more along the lines of http://coinia.net/blackcoin/getbalance.php?top=100

I still stick by this:
A rich list is not transparent as you can't see how many coins an individual owns on an exchange.  The exchange wallet could have 10 million and that could represent 2 people or 20000 people there is no way to tell.  It also doesn't address the fact that one person could create 50 wallet address and send 100,000 to each address therefore holding 5 million but "appearing" to be 50 different people according to the rich list.  Absolutely zero transparency, however it is one more novel feature and I applaud you for willing to donate to help develop it.  I think any development within Coffeecoin is a positive thing so well done on taking the lead to get the project developed!

Remember everybody Rome wasn't built in a day, we are only in our first week and a lot of comparison coins didn't go up substantially for at least a couple months.  I know in crypto people act like a day is forever but its not, it takes time for word to spread and belief and understanding to grow.  Do something positive to help the coin out whether its small or big!

Keep voting, stay positive and as a community lets make Coffecoin a great success!

Personally I would rather see fundraising go towards a stand alone multipool or an advertising drive of some sort;  Seems a bit steep for a "gimmick" site,  but if people want to donate for it then by all means, any development is positive in my eyes!

Dude, yes. *standing ovation* I apologize for missing it the first time. You make some extremely valuable points there, and I will take them to heart. I'd like for others to chime in and give some feedback as well.

New Community Lead
So... you guys have seen enough of me to realize that I am the "voice of CFC." Now, it's been made official, Coffee is turning over Community Lead to me, including Twitter, Facebook, BCT account and the remaining development fund. He'll be focused solely on wallet updates and repair. More to come on that later... I've got another CFC related project going (still top-secret, but awesome!) on top of my day-job, and I can NOT do it alone. Some of you guys are rock stars in terms of brain-storming, and believe me, you will be sought after for CFC Foundation membership.

I can fund hosting out-of-pocket for any worthwhile project(I already am for my side project) but bear in mind, I am NOT a coder. If you guys want to see this coin prosper and have any special talents that you can bring to the table, let me know and I'll put your skills to good use on behalf of the CoffeeCoin Foundation.
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Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 15/05/2014, 15:57:54 UTC
Potential Rich List

OK, guys here's the scoop. Coinplorer will add us if we can raise the equivalent of $500 USD in ANY currency. Sure, I could just pay it out of pocket right now, but one person doesn't have anywhere near the effect of a whole community. They would even accept CFC, but I immediately thought about our trading price... I want some feedback: Should we go this route, or shouldn't we? If there is an open source version somewhere, list it and I'll see about hosting somehow.  

We need to get our market cap up and make our currency worth more per coin. Then, and only then can we stretch our wallets' worth. We need the crypto community to see that we are serious about our endeavors. Let's come together and show them what we're made of! I don't know about you guys, but my veins are filled with coffee and win.

SO... to fundraise, or not to fundraise. THAT is the question. Whether 'tis nobler in the mind to suffer the dumps and sell pressure of outrageous pseudo-whales...

Keep voting on Mintpal and bugging Poloniex! Once we get rid of the weak-hands, we're golden!

Delving deeper into the Coinplorer website, it seems to be closer in relation to Blockchan.info than a rich list hmmm... I'm thinking more along the lines of http://coinia.net/blackcoin/getbalance.php?top=100
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Topic
Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 15/05/2014, 15:49:11 UTC
So i defendly think we should get on madbitcoins, what do you guys say? http://www.madbitcoins.com/p/sponsorship.html

Yes. I love that guy and his glasses.
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Topic
Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 15/05/2014, 15:47:29 UTC
Potential Rich List

OK, guys here's the scoop. Coinplorer will add us if we can raise the equivalent of $500 USD in ANY currency. Sure, I could just pay it out of pocket right now, but one person doesn't have anywhere near the effect of a whole community. They would even accept CFC, but I immediately thought about our trading price... I want some feedback: Should we go this route, or shouldn't we? If there is an open source version somewhere, list it and I'll see about hosting somehow.  

We need to get our market cap up and make our currency worth more per coin. Then, and only then can we stretch our wallets' worth. We need the crypto community to see that we are serious about our endeavors. Let's come together and show them what we're made of! I don't know about you guys, but my veins are filled with coffee and win.

SO... to fundraise, or not to fundraise. THAT is the question. Whether 'tis nobler in the mind to suffer the dumps and sell pressure of outrageous pseudo-whales...

Keep voting on Mintpal and bugging Poloniex! Once we get rid of the weak-hands, we're golden!
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Topic
Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨100% Pure POS 丨 NO IPO丨
by
profitus
on 15/05/2014, 15:21:07 UTC
The price is not good, should continue to work.
I hope I can see more features.
A new plan?
 Huh Huh
We will add as soon as the coin control and unlock wallet to wallet.We will continue to work for CFC

Let's make a bounty for coffee to complete English exams at C2 level. I am sure this will boost the price like nothing else. I am willing to donate 200k CFC to the "Coffee4English" fund.

That's hilarious! I concur...sorry Coffee  Grin That's why he's got me working along side him hehe
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Topic
Board Announcements (Altcoins)
Re: [ANN] ★HADOKEN Coin [HDK] ★ Mine Now! ★ Limited POW 6 Days Left ★ 50% Interest
by
profitus
on 15/05/2014, 12:11:30 UTC
Lets see. It looks like the dev has fucked off. So if an issue arises with the wallet or sumink like that who's gona have access to the code to sort out shit if it goes wrong?


It's open source. The community could always take over.
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Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 15/05/2014, 01:45:39 UTC

Min stake age: 30 days
Max stake age: 90 days



Well someone still got it wrong  Roll Eyes as mines staking now and I recieved the first coins on 6th of may? stakings though is producing 0 new coins  Huh possibly a minimum stake vol set, or just completely stuffed pos settings.

COFFEE! You heard the man, investigate this! I'm working on another super-top-secret CFC project at the moment...

+1 if you don't take a proper look at the staking it'll be a disaster waiting to happen.

No doubt, it's a lot at "stake" here... lol

Hey Coffee, while you're getting coin control and the unlock button ready, make sure the staking code is 100% perfect while you're at it.

On the other hand, I will personally give 100k CFC to whomever finds incorrect code in our source (in reference to staking) and helps us release a fix. Fix it before Coffee does and get PAID!~
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Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 15/05/2014, 01:38:14 UTC
Loaded with ~1% of total coin supply! If you missed the giveaway, here's your chance http://faucet.coffee4commit.com


you mean 0.1%

My bad, Coffee, he's right. It's 0.10486% to be exact, but 0.1% works just fine.

He's quoting a promo I gave him, but I missed a zero when I calculated lol *enables digit grouping*. Thanks for the catch!
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Topic
Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 15/05/2014, 00:27:50 UTC

Min stake age: 30 days
Max stake age: 90 days



Well someone still got it wrong  Roll Eyes as mines staking now and I recieved the first coins on 6th of may? stakings though is producing 0 new coins  Huh possibly a minimum stake vol set, or just completely stuffed pos settings.

COFFEE! You heard the man, investigate this! I'm working on another super-top-secret CFC project at the moment...
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 15/05/2014, 00:01:32 UTC
Quote
There is a Block explorer that you can search by the public address?

Quote
Min stake age: 30 days
Max stake age: 90 days
What do you mean?
Thanks!
I need more coffee   Shocked
Time interest
Then the minimum of time I have to leave wallet open to start mint is 30 days? And what happens when it reaches 90 days?
If I close the program and open it again immediately, have to wait another 30 days?
THX
XD

An Excerpt from https://cryptocointalk.com/topic/700-proof-of-stake-explained-rough-draft/ edited slightly for clarity:

"Eligibility is earned when your coins have sufficient "Coin Age". Coin age refers to the amount of time the coins have been inactive. Meaning they have not been transferred across the network or moved from the wallet. 30 days of coin age is required for your coins to be eligible to earn POS rewards. You do not need to have your client open or do anything to gain coin age. Just don't move them. You can have some coins that are eligible and others that are not [eligible] in your wallet."

     NOTE: With Coin Control, you can pick and choose which batch of coins you'd like to send from. The fewer confirmations (lower coin age), the better.

"For Example:

Say you receive 1 coin on Jan. 1st and another on Jan. 15th. You would be eligible to receive POS rewards on Jan 30th. ...Your POS reward, if you received one, would only be based on the 1 coin that is eligible.

How much will I receive for my POS Block?

The amount of the POS block you receive will be a % of your "staked" coins. Staked coins are the amount of coins you had eligible for POS rewards when you minted a POS block."
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Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 14/05/2014, 22:38:54 UTC
we could create a giftcard store where everyone could sell their coffeshop giftcards for cfc, that way we could have that main goal of being able to buy coffee with CFC.

A storefront for buying, selling, and trading giftcards. This is idea is a keeper.

UPDATE
I've requested that our coin be added to the voting list for Coinpayments.net! Keep an eye out for our listing and vote, vote, vote! A storefront of any kind is the logical end-game for our coin. In order to conduct transactions, we'll need a payment processor.
Great, i could see my self selling star bucks giftcards for cfc most defendly, we could sell mugs and tshirts with the coffeecoin logo, it would be great if 
we get a graphic designer to create a coffeecoin cartoon .

You must have said just the right thing, because my creative juices are flowing like coffee on a Monday morning... The idea that I have might take a while to come to fruition, but believe me, it'll be worth it. I'd hate to spoil it so early, so I'll leave it at that.  Wink
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Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 14/05/2014, 22:09:08 UTC
we could create a giftcard store where everyone could sell their coffeshop giftcards for cfc, that way we could have that main goal of being able to buy coffee with CFC.

A storefront for buying, selling, and trading giftcards. This is idea is a keeper.

UPDATE
I've requested that our coin be added to the voting list for Coinpayments.net! Keep an eye out for our listing and vote, vote, vote! A storefront of any kind is the logical end-game for our coin. In order to conduct transactions, we'll need a payment processor.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 14/05/2014, 21:56:06 UTC
we could create a giftcard store where everyone could sell their coffeshop giftcards for cfc, that way we could have that main goal of being able to buy coffee with CFC.

A storefront for buying, selling, and trading giftcards. This is idea is a keeper.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 14/05/2014, 21:43:48 UTC
coffee please:C14Sskc11da1U9SpWyg3YjL2us4xW1BK1r

CoffeeCoin faucet: http://faucet.coffee4commit.com
If you do not get Coffee , you can get it from here;
If you have a lot of Coffee, You can donate to help others to get it.




Read the first message of the OP while you're at it.

we could defendly promote the faucet with that 1% of the total cfc

Thanks for the tip, I asked Coffee to update the OP.

Sent a message to BTer and Prelude.io. Prelude says they will consider adding if we continue to show activity. I doubt that'll be a problem for you guys. I couldn't ask to be a part of a better community...except for the dumpers. No one likes dumpers  Grin

BTER will be awsome actually it did wonders for C2 back in the days.

IMO Poloniex is more important because every coin that enters poloniex get pumped to the moon and that would be good because we would get new Investors.

I've already sent Polo a couple messages. It's just a matter of time. What we need is a big PR move........

i Guess some kind of giveaway, like a miner


That's one hell of a PR move. For something like that, we'd definitely need funding... When we get our standalone multipool, I could see us putting some of the proceeds toward funding things like that! You guys can keep pitching ideas, I'm all ears.

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Topic
Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 14/05/2014, 21:13:02 UTC
coffee please:C14Sskc11da1U9SpWyg3YjL2us4xW1BK1r

CoffeeCoin faucet: http://faucet.coffee4commit.com
If you do not get Coffee , you can get it from here;
If you have a lot of Coffee, You can donate to help others to get it.




Read the first message of the OP while you're at it.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CFC]Coffeecoin 丨POS+POW 丨NO IPO丨1000+ member丨MultiPool丨
by
profitus
on 14/05/2014, 21:03:15 UTC
Sent a message to BTer and Prelude.io. Prelude says they will consider adding if we continue to show activity. I doubt that'll be a problem for you guys. I couldn't ask to be a part of a better community...except for the dumpers. No one likes dumpers  Grin

BTER will be awsome actually it did wonders for C2 back in the days.

IMO Poloniex is more important because every coin that enters poloniex get pumped to the moon and that would be good because we would get new Investors.

I've already sent Polo a couple messages. It's just a matter of time. What we need is a big PR move........