Welcome to the official announcement of

Carboncoin Ethereum [CCE]: Carboncoin on the Ethereum Network

a way to get access to the forthcoming Carboncoin network

There are 16 Billion Carboncoin and this will be the same on our new network. Our original blockchain has been live since February 2014. We launched Carboncoin Ethereum tokens to enable the holders of original Carboncoin to swap some of their holdings for tokens which could be redeemed on our new network, to be built using the latest advances in blockchain technology.

Our new network is to be based on the EOS codestack,
utilising all of the impressive developments made to date
which serve the Carboncoin mission and use-case.

For more on this check out our Carboncoin Infographic

We will be maintaining our independence by deploying a separate architecture, so not simply a token on EOS, doing as much as we can to take our fairly distributed network forward into a democratically governed system, focused on the interests of the holders/users and the environment.

You can find out all about the project and how it started on Medium, where most of the information you'd get from a whitepaper is published, by reading The Carboncoin Story. From this and our other releases you can get a good understanding of where we have come and where we are going.

The purpose of this thread is to detail the CCE token specifically, in as simple a way as possible.
If you are interested in the longhand please see the CCE position paper.

What is CCE?

CCE is a minimalist Ethereum custom token contract:

# Total circulation of CCE = 80 000 000
Tokens are transferred to Ethereum wallet addresses and can be viewed by importing the custom token address.

# Each CCE token represents 100 tokens on the forthcoming blockchain

When we released it as a placeholder token, the only way to get it was to manually swap for the corresponding original Carboncoin.

# The swap for original Carboncoin concluded in January

Due to changes in the regulatory environment we have made several adjustments to our plans:

# You will now be able to get new Carboncoin by swapping directly for old Carboncoin
however this shall be subject to a 2:1 swap ratio of old to new coins. This is separate from the function of the CCE tokens which are unchanged.

This does mean will eventually be ceasing maintenance of the original Carboncoin blockchain, but this will only be after the following:

i) We have released our thoroughly security tested new protocol (6-12 months from now)
ii) We have allowed a 12 month transition period from the date the new protocol goes live

Until both of those have been achieved, the original network will continue as normal and we will continue to develop our security features as required, and add services to it as we are able.

How to get some?

# To increase our reach we are operating a new proportionate swap-out mechanism
addressing the limitations of being on only one exchange, and to get exposure to other projects alive in the space.

# CCE will be available again for 10 weeks to be exchanged for 10 different currencies selected from a basket of altcoins which fall into a bespoke suitability criteria for the exercise.

# A different coin drawn each week will have a maximum allocation of 6.2M CCE
This may be extended by no more than 2 weeks, subject to demand.

The ratios for the swaps are evaluated case by case based on proprietary criteria.

Carboncoin's availability remains unchanged, making this equally a way onto the new network, so it is worth keeping track of the price on yobit.

# The only way to get CCE is to swap them by appointment
Details of our first coin being swapped, the ratio and how to participate can be found on our forum on this announcement on our forum.[/url]

# Subsequent coin-draws will be announced on the "CCE Swap-out" board
which you will need to sign-up to have visibility of.

# You have until Sunday at 8pm GMT to book an appointment for your swap before the next week's coin is announced.

# Appointment availability is limited.

# We have scheduled our opening hours to accommodate for different timezones as much as possible.

Thank you for your attention

Carboncoin Trust

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