Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Totalcoindev on May 16, 2017, 09:09:21 AM



Title: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 09:09:21 AM
Total coins: 500,000 (all for distribution) all premine
TOT Distribution

400,000 for bounties exchange and 100,000 for other bounties


Distribution: Free and paid for exchange
Algorithm: Scrypt
Total coins: 500,000 all premine
Block Reward: TX Fees Only - Variable Reward
Block Time: 120 Seconds
Trade Confirms: 2 blocks
P2P Port: 42400
RPC Port: 42401

Total Coin is a proof of concept that will showcase that mining for transaction fees is a sustainable way forward for cryptocurrencies.  
As such, all coins were freely and fairly distributed to anybody who requested some during the 30-day distribution period.

Bounties :

10000 TOT for 0.01 btc for exchange

1000 TOT for German translation
1000 TOT for Spanish translation
1000 TOT for Chinese translation
1000 TOT for Italian translation


Exchanges soon:

Yobit
Novaexchange




Windows wallet
Source : https://github.com/totcoindev/totcoin (https://github.com/totcoindev/totcoin)

Conf :

server=1
rpcuser=theusername
rpcpassword=thepassword
rpcport=42401
rpcallowip=127.0.0.1



More Information:

Total Coin, also known as TOT, is an alternate cryptocurrency that is defying normal convention in its method of mining and distribution. While some coins are mined, or earn you interest, Total Coin is exclusively redistributed by its users, and block rewards are generated only by network transaction fees.

The word "Total Coin" refers to the terminology of mining before a coin is officially launched. Although the word has had both positive and negative connotations, it simply refers to coins that have been mined before launch. Since all of Total Coin was mined before launch for distribution, the name symbolizes its unique method of distribution.  Proof of Distribution, if you will. So even though technically all of the coins are “Total Coind”, they are all in the hands of the community.

Total Coin is setting out to prove that cryptographic currency can continue long after the minting process has ended, making it not only a fascinating glimpse into the future of Bitcoin, but also a viable and stable alternative that thanks to its low total supply of less than 500,000 coins, allows each coin to store a great amount of wealth. This makes TOT an excellent alternative store of money. To say Total Coin is the future of Bitcoin isn’t far from the truth.

Will Bitcoin be able to survive once the minting of new coins has ended? Nobody knows. TOT started with a market cap of zero. Bitcoin currently has a market cap in excess of $8 Billion USD. Already suffering from volatile pricing, we may discover that Bitcoin might not survive this transition, and that no coin with such a high market cap ever could. In this sense Total Coin is also future-proof, having avoided this hazardous transition phase altogether.

We have not only side-stepped this potentially hazardous event, we have embraced it and made it the very essence of TOT. No inflation.  Just distribution.

Total Coin is a Scrypt coin, just like Litecoin. When you mine Total Coin, you are mining the transaction fees generated by all the people who buy, sell and trade it. In this sense, you can only mine TOT as fast as it is bought and sold, making it exceptionally stable. It does not suffer the major flaw of most cryptocurrencies, which is market flooding caused by a large drop in mining difficulty. This inevitably leads to downward pressure on market pricing causing the altcoins you hold to devalue at any given moment. TOT is not based on this model and, therefore cannot flood the market in this manner.

In TOT, The market affects the block rewards, and the block rewards affect the market. The two coexist and always seek to balance one another. TOT is built on this symmetry, and that makes it an exciting investment as well as a powerful means of exchanging goods and services.

All of the coins that ever exist have already been created and have been entirely distributed amongst the community. This distribution has continued ever since on all levels, not just by the developer, but by community members and even the exchanges.

Total Coin is more than just an experiment. It's a concept that is proving to work.


If the concept interests I launch the wallet


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: nagasaking on May 16, 2017, 09:11:29 AM
airdrop / giveaways ?


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 09:15:32 AM
airdrop / giveaways ?

airdrop yes 100 per users

by PM ;)


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Smitty Werben Man Jensen on May 16, 2017, 09:28:30 AM
Reserve for indoensia translator, if you need it.
 :)


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 09:29:48 AM
Reserve for indoensia translator, if you need it.
 :)


10 TOT for indoensia translation ;) thanks


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Pump N Dead on May 16, 2017, 09:32:28 AM
airdrop / giveaways ?

airdrop yes 100 per users

by PM ;)

when will be the airdrop?  :D


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: PuraPuraBego on May 16, 2017, 09:40:02 AM
Total coins: 500,000 (all for distribution)
TOT Distribution

Distribution: Free and paid for exchange
Algorithm: Scrypt
Total coins: 500,000
Block Reward: TX Fees Only - Variable Reward
Block Time: 120 Seconds
Trade Confirms: 2 blocks
P2P Port: 42400
RPC Port: 42401
...
Bounties :

100 TOT for 0.01 btc for exchange

10 TOT for German translation
10 TOT for Spanish translation
10 TOT for Chinese translation
10 TOT for Italian translation

10 TOT for translator? xD
Those will be worth as 0.001BTC for hardwork?
Well, I'll waiting more information like wallet or new feature in future  :)


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: amy1284455127 on May 16, 2017, 09:40:51 AM
Please showcase the project's unique!


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: arimamib on May 16, 2017, 09:43:35 AM
airdrop / giveaways ?

airdrop yes 100 per users

by PM ;)
i cant find link of windows wallet  :'(


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: akira007 on May 16, 2017, 09:55:29 AM
airdrop / giveaways ?

airdrop yes 100 per users

by PM ;)

pm sent

but where i get wallet windows ?? (ready compile)


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 09:59:48 AM
airdrop / giveaways ?

airdrop yes 100 per users

by PM ;)

pm sent

but where i get wallet windows ?? (ready compile)

i compile ;)


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Hullo on May 16, 2017, 10:01:01 AM
Dev you are ready to pay more coins through airdrop than doing serious work to translate the thread and all related upcoming material if will be some at later point. I can't understand the division and fixed amount of coins allocated for diffeerent things. Why anyone would translate for 10 TOT when he can get it for free ?


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: lnxklb on May 16, 2017, 10:04:45 AM
when will be the airdrop?


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 10:05:48 AM
Dev you are ready to pay more coins through airdrop than doing serious work to translate the thread and all related upcoming material if will be some at later point. I can't understand the division and fixed amount of coins allocated for diffeerent things. Why anyone would translate for 10 TOT when he can get it for free ?

10000 TOT for German translation
10000 TOT for Spanish translation
10000 TOT for Chinese translation
10000 TOT for Italian translation


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: bolivarcoin on May 16, 2017, 10:07:40 AM
On the ann says that its on nova and yobit, but is not, so were to trade this shitcoin?


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: joosep on May 16, 2017, 10:07:58 AM
I sens that BlackBit dev is back with new experiment?  ;D


Re: [PRE-ANN] BlackBit Project soon
April 27, 2017, 01:17:17 PM
 #5
blackbit, also known as PMC, is an alternate cryptocurrency that is defying normal convention in its method of mining and distribution. While some coins are mined, or earn you interest, Premine is exclusively redistributed by its users, and block rewards are generated only by network transaction fees.

The word "premine" refers to the terminology of mining before a coin is officially launched. Although the word has had both positive and negative connotations, it simply refers to coins that have been mined before launch. Since all of Premine was mined before launch for distribution, the name symbolizes its unique method of distribution.  Proof of Distribution, if you will. So even though technically all of the coins are “premined”, they are all in the hands of the community.

blackbit is setting out to prove that cryptographic currency can continue long after the minting process has ended, making it not only a fascinating glimpse into the future of Bitcoin, but also a viable and stable alternative that thanks to its low total supply of less than 9,000,000,000 coins, allows each coin to store a great amount of wealth. This makes PMC an excellent alternative store of money. To say Premine is the future of Bitcoin isn’t far from the truth.

Will Bitcoin be able to survive once the minting of new coins has ended? Nobody knows. PMC started with a market cap of zero. Bitcoin currently has a market cap in excess of $8 Billion USD. Already suffering from volatile pricing, we may discover that Bitcoin might not survive this transition, and that no coin with such a high market cap ever could. In this sense Premine is also future-proof, having avoided this hazardous transition phase altogether.

We have not only side-stepped this potentially hazardous event, we have embraced it and made it the very essence of PMC. No inflation.  Just distribution.

Premine is a SHA-256 coin, just like Bitcoin. When you mine Premine, you are mining the transaction fees generated by all the people who buy, sell and trade it. In this sense, you can only mine PMC as fast as it is bought and sold, making it exceptionally stable. It does not suffer the major flaw of most cryptocurrencies, which is market flooding caused by a large drop in mining difficulty. This inevitably leads to downward pressure on market pricing causing the altcoins you hold to devalue at any given moment. PMC is not based on this model and, therefore cannot flood the market in this manner.

In PMC, The market affects the block rewards, and the block rewards affect the market. The two coexist and always seek to balance one another. PMC is built on this symmetry, and that makes it an exciting investment as well as a powerful means of exchanging goods and services.

All of the coins that ever exist have already been created and have been entirely distributed amongst the community. This distribution has continued ever since on all levels, not just by the developer, but by community members and even the exchanges.

blackbit is more than just an experiment. It's a concept that is proving to work.


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: memii on May 16, 2017, 10:17:57 AM
Your concept is really interesting and limited total supply can play main role to make it valuable as well. People including myself are already showing positive response to your offer of free airdrop. There will be some who will participate in different bounties too. Just go ahead an launch the wallet to boost the interest.


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 10:18:21 AM
Blackbit ? a link ?


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: joosep on May 16, 2017, 10:36:37 AM
Link to BB (blackbit) tread:

https://bitcointalk.org/index.php?topic=1889542.0 (https://bitcointalk.org/index.php?topic=1889542.0)

To dump, or not to dump- that is the question?


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 10:51:44 AM
Link to BB (blackbit) tread:

https://bitcointalk.org/index.php?topic=1889542.0 (https://bitcointalk.org/index.php?topic=1889542.0)

To dump, or not to dump- that is the question?

It's completely crazy the piece is dead?



thge wallet Will be ready in the day and put in place the bounties.


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: jezus on May 16, 2017, 10:56:38 AM
In op missing wallet wait for it.


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: manasd on May 16, 2017, 10:58:56 AM
Hi Dev!
Good luck for your project!
PM sent for aidrop


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Coroline on May 16, 2017, 11:00:44 AM
Too many airdrop :D and this one without roadmap or plans but the total supply is cool just 500.000 coin, I hope this is the real airdrop which the coin is really make a great in the future. Waiting on Windows wallet and please Dev don't forget to show Virus Total too


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 12:03:15 PM
Wallet, source and bounties ready :D in first post


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Xandan on May 16, 2017, 12:09:12 PM
When it comes to some free coins isn't bad deal at all putting hands on some. I would also join the airdrop once detailed process will be announced. Who knows what the plan Dev has for this concept based coin. I have missed some free coins in past which hvae turned into huge in matter of few months time. Count me in as well.


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Goruno on May 16, 2017, 12:13:27 PM
This project has a very small coin supply so how much does it cost for one coin?
it's possible at 0.01btc or 0.001btc and I will wait for new exchange to see this price.


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Romiraz362 on May 16, 2017, 12:15:33 PM
Any nodes ?


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 12:19:54 PM
Delete all data a bug has been detected


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: magalhanze on May 16, 2017, 12:23:07 PM
Sent you a personal message subscribing for the airdrop.

Also, it is not listed in the ANN, but if you want a portuguese translation let me know.

thanks and gl


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Romiraz362 on May 16, 2017, 12:24:42 PM
Solo mining not work
Setgenerate not work


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: atchoum6760 on May 16, 2017, 12:41:55 PM
I sens that BlackBit dev is back with new experiment?  ;D


Re: [PRE-ANN] BlackBit Project soon
April 27, 2017, 01:17:17 PM
 #5
blackbit, also known as PMC, is an alternate cryptocurrency that is defying normal convention in its method of mining and distribution. While some coins are mined, or earn you interest, Premine is exclusively redistributed by its users, and block rewards are generated only by network transaction fees.

The word "premine" refers to the terminology of mining before a coin is officially launched. Although the word has had both positive and negative connotations, it simply refers to coins that have been mined before launch. Since all of Premine was mined before launch for distribution, the name symbolizes its unique method of distribution.  Proof of Distribution, if you will. So even though technically all of the coins are “premined”, they are all in the hands of the community.

blackbit is setting out to prove that cryptographic currency can continue long after the minting process has ended, making it not only a fascinating glimpse into the future of Bitcoin, but also a viable and stable alternative that thanks to its low total supply of less than 9,000,000,000 coins, allows each coin to store a great amount of wealth. This makes PMC an excellent alternative store of money. To say Premine is the future of Bitcoin isn’t far from the truth.

Will Bitcoin be able to survive once the minting of new coins has ended? Nobody knows. PMC started with a market cap of zero. Bitcoin currently has a market cap in excess of $8 Billion USD. Already suffering from volatile pricing, we may discover that Bitcoin might not survive this transition, and that no coin with such a high market cap ever could. In this sense Premine is also future-proof, having avoided this hazardous transition phase altogether.

We have not only side-stepped this potentially hazardous event, we have embraced it and made it the very essence of PMC. No inflation.  Just distribution.

Premine is a SHA-256 coin, just like Bitcoin. When you mine Premine, you are mining the transaction fees generated by all the people who buy, sell and trade it. In this sense, you can only mine PMC as fast as it is bought and sold, making it exceptionally stable. It does not suffer the major flaw of most cryptocurrencies, which is market flooding caused by a large drop in mining difficulty. This inevitably leads to downward pressure on market pricing causing the altcoins you hold to devalue at any given moment. PMC is not based on this model and, therefore cannot flood the market in this manner.

In PMC, The market affects the block rewards, and the block rewards affect the market. The two coexist and always seek to balance one another. PMC is built on this symmetry, and that makes it an exciting investment as well as a powerful means of exchanging goods and services.

All of the coins that ever exist have already been created and have been entirely distributed amongst the community. This distribution has continued ever since on all levels, not just by the developer, but by community members and even the exchanges.

blackbit is more than just an experiment. It's a concept that is proving to work.


Copy paste same dev that BB and BB 2.


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 12:45:17 PM
Delete all blocks ;)


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: magalhanze on May 16, 2017, 12:47:43 PM
It is weird that the wallet synced one block, then got d/c

also, wallet looks clean on virustotal:
https://virustotal.com/pt/file/95c58d5cec30fb410625bc0a8a03e9ff095df754c8ff850ee401fefbc6434a92/analysis/1494938543/


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: manasd on May 16, 2017, 01:10:11 PM
Hi Dev
wallet not syncing


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: dvyanc on May 16, 2017, 01:13:01 PM
airdrop / giveaways ?

airdrop yes 100 per users

by PM ;)

PM Sent


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: dvyanc on May 16, 2017, 01:15:45 PM
Hi Dev
wallet not syncing

Same here wallet is not syncro....


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 01:52:40 PM
I make new wallet wait please  ;)

don't send your address TOT by PM

New wallet new algo and new ticket delete your wallet


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: frankkkkkkk on May 16, 2017, 01:56:07 PM
The wallet just a simple copy of LTC. Where is the innovation?


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Totalcoindev on May 16, 2017, 02:02:42 PM
The wallet just a simple copy of LTC. Where is the innovation?

not this wallet is dead wait for new wallet  ;D


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: atchoum6760 on May 16, 2017, 02:04:01 PM
The wallet just a simple copy of LTC. Where is the innovation?

Scam.Same dev.


https://bitcointalk.org/index.php?topic=1889542.0

https://bitcointalk.org/index.php?topic=1904352.0


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: nagasaking on May 16, 2017, 02:14:02 PM
The wallet just a simple copy of LTC. Where is the innovation?

Scam.Same dev.


https://bitcointalk.org/index.php?topic=1889542.0

https://bitcointalk.org/index.php?topic=1904352.0
Is it true  :o


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: joosep on May 16, 2017, 02:22:13 PM
Game is simple: who dumps first gets 10 cents. Go on Dev!


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Raizou on May 16, 2017, 03:48:46 PM
Dev, are you the same as BB and BB2? You will be arrested by BTCTalk police, please wait!


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: elma on May 16, 2017, 06:42:49 PM
Blackbit ? Francoin are you back ?

The first post of this thread is a copy/paste of this:
http://cryptomining-blog.com/tag/premine-coin-mining/ (http://cryptomining-blog.com/tag/premine-coin-mining/)

Why ?


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Smitty Werben Man Jensen on May 17, 2017, 04:52:01 AM
Hey, here is are thread for indonesia : https://bitcointalk.org/index.php?topic=1921170  :)


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: von max on May 17, 2017, 04:59:54 AM
This project has a very small coin supply so how much does it cost for one coin?


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: Smitty Werben Man Jensen on May 17, 2017, 05:03:31 AM
This project has a very small coin supply so how much does it cost for one coin?
Accumulation of total bounty translator are 10000 will be worth as 0.01btc. Maybe for each coin will be accumulated for 0.000001/ TOT


Title: Re: [ANN] [TOT] Total Coin | Rare | Mining Transaction Fee Proof of Concept
Post by: sarul on May 17, 2017, 05:44:51 AM
waiting for wallet launched  :) ::) ::)