What are Aidcoins?
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THE SOCIAL DIGITAL COIN - MORE THAN A COIN, CONSCIOUSNESS!

Aidcoins is based on Litecoin, but inovates in the social sector, we like to help end poverty on the World!

For every 1 AID You tranfer/pay, You automatically donate 0.02 AID or more to any social solidarity institution.

This idea born in Portugal in 2014, a country in economic crisis. This lead to ideas that can help the World to be a better place!

Any coin transfer require a minimum of 2% donation for a registered social solidarity institution anywhere in the World, "the list" of those organizations are public and available at http://aidcoins.org/list This is the only central managed part of Aidcoins.

"the list" have 3 fields, World location (location), Organization name (name) and Aidcoins wallet address (address).

Record samples:
"Worldwide", "AMI", "A354654daGsdH45as286*************"
"Europe/Portugal", "AMI Portugal", "A34gFhjdaGsdH45as234*************"

The wallet will make updates of that list every day, if the server is offline, the list remains unchanged.

Any donation will only be validated if the destination address is on "the list".
Any coin transfer between users will only be validated, if it follows a donation transfer of at least 2% of the value to transfer to a normal user wallet.

The user will be able to choose the organization who receives his donations, the wallet will remember the last organization chosen, or the user can use a random option, and then the wallet will randomly choose one of the organizations on the list.

If the user wants to donate more than 2% it will be possible on the wallet settings to increase the donation factor.

Kick off problem:
"the list" is empty, no organizations registered. How to make and validate those first Aidcoins transfers/payments?

To solve this, We will create a virtual organization, a fake one, with a record like this:
"Worldwide", "Aidcoins Virtual Organization", "A54534354daGsdH45as286*************" (example address)

Later on, this organization will be deleted from "the list", when the first 10 organizations where registered on "the list" and any coins available on that address will be 100% donated to those 10 first pionner organizations!

There is a PREMINE coins?
Yes, but please check the explanation above.

Aidcoins PREMINE explained:
9.240.000 AID is only 0.011% PREMINED for Aidcoins project boost

8.400.000 AID -> 0.01% for social solidarity institutions:
   - the first 84 registered organizations will receive 100.000 AID each; (2% forced donation included)
   - limited to 16 organizations per continent (5 continents; this force world distribution), the remain 4 organizations could be worldwide organizations like AMI and so many others.
   - the money goes directly for the organization as soon as the registration is validated. No 10 years later, fake promess here!
   - this will promote coin circulation, later those 84 organizations, will go to the business exchange their Aidcoins for food, clothes, medical drugs, support services, etc. And the market gets a boost! All win here!

840.000 AID -> 0.001% for AidCoin marketing (2% will also be donated):
   - those coins will be exchanged for support services to the Aidcoins project, initial free coins to first users and other conventional marketing strategies; After 3 years if any coins remain in those public addresses, they will be donated equally by all organizations on "the list".
   - this could be the only criticism point of the entire project. Coins in the hands of the coin creators, here You have to trust Me, if I wanted to cheat to gain a lot of money I will work for other industries. Also I am a volunteer on other social project since 2011.

PREMINE is open to discussion, we are in time to abort this idea, however it seam to us a very good idea for market creation and at same time help those first 84 charity organizations.


Final notes

This coin is to be used only by consciousness people!
Poverty proves that Humans failed as a society!

Aidcoins crypto Specs

Aidcoins is using scrypt as a proof-of-work algorithm.
- 2.5 minute block targets
- subsidy halves in 840k blocks (~4 years)
- ~84 million total coins
- 200 coins per block
- 2016 blocks to retarget difficulty

GIT HUB :: Contributions are welcome!
https://github.com/kreatorpt/aidcoins

Anyone who can help change the litecoins script to script n? - This seems a good idea right?

For more information, as well as an immediately useable, binary version of
the Aidcoins client sofware, see http://www.aidcoins.org. (online soon - not ready)

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