Bitcoin Forum

Why Potatocoin?

Citizens of third world countries rarely have a stable national currency, thus they have to look to alternative methods of payment such as M-Pesa, a mobile phone currency transaction service. The problem with using something like M-Pesa is that it is completely controlled by a single entity which is able to adjust fees at its own discretion, regardless of the effect on its users. This is clearly not a viable financial system in countries such as Kenya, where wages are extremely low. Given that most of these people have access to cheap phones, the obvious solution (to Bitcoin users anyways) is to create a service that allows these people to safely transact bitcoins via text; for example, Coinbase's SMS service. (https://coinbase.com/sms_service) Unfortunately, this won't work. (http://bitcoincharts.com/charts/bitstampUSD#igWeeklyztgCzm1g10zm2g25) Bitcoin is far too volatile for third world countries to rely on. If it were widely used in say, Kenya, a price drop could ruin thousands of lives. Our proposed solution is to give third world farmers a currency of their own, that they control. We will create an SMS service to transact PotatoCoins with, giving poor farmers the ability to safely sell their products without the risk of massive inflation/deflation/fees crippling their livelihood.

Premine & Goals

PotatoCoin will have a premine of 2.5%. Once the SMS service is completed, the PotatoCoin development team will create a payment processor similar to BitPay, whereby shopkeepers can accept PotatoCoins and receive dollars (or other currencies). We will then travel to Kenya with our own funds and distribute the PotatoCoins to poor farmers. There are two reasons for this: One, the farmers will immediately control a large amount of the coins, but not so many that they become worthless; Two, providing farmers with PotatoCoins will give them the ability and incentive to use the coins. Once we have distributed 90% of the premine, we will go to large distributors and get them set up using the PotatoCoin payment processor, giving the farmers previously given PotatoCoins the ability to purchase all necessary supplies with PotatoCoins. We would like to do this in more countries than Kenya, but we won't be able to afford this as we are paying for the trip out of pocket.

Specifications  
Algorithm: X11
Block Reward: 500 (decreasing by 0.0002 per block)
Block Time: 30 seconds
Maximum Coins: 625 Million


Launch Date
Friday, August 8th 2014

Pools


Pool owners can PM me to be added to the OP.
We will be making a website where you can exchange PotatoCoins for actual potatoes that will be mailed to you.

reserved  ;D

wow...we are going full potato now!

reserve for updates

The girl pictured in the 1st coin actually has done news interviews asking for people to stop using this meme... ::)
see: http://www.youtube.com/watch?v=BYowYqNOjUQ

so naturally I voted for coin #1   8)

Supersized

rofl

http://nighthumor.com/wp-content/uploads/I-Can-Count-To-Potato-16.jpg

Really?  Picture of a little girl that looks like she has down syndrome???

Interesting

Son, you just went full retard.

You guys are horrible!

why is it going to take a couple weeks to launch?

Is it being coded by....a potato?

I meant a few days, my bad.

I am a potato and I find this offensive.

I think you should use the picture of Obama

I heard you can use Potatoes as your Power Supply Units for mining this coin.

True story.

LMAO reserved

I think you should rename it so we're mining YAM :)

Golden yam FTW!

https://lh6.googleusercontent.com/-JcLSElsc-yM/Ur-63p-quNI/AAAAAAAAE5w/XNNg1SmSJjo/s350-no/goldenyam.png

There are plans to make a website where you can exchange SPUDS for real potatoes.

http://i67.photobucket.com/albums/h320/hendo420/bitch-please-i-can-count-to-potato-and-firetruck_zps04356788.jpg (http://s67.photobucket.com/user/hendo420/media/bitch-please-i-can-count-to-potato-and-firetruck_zps04356788.jpg.html)

I laughed so hard when I saw it,

this should be the picture!

EDIT: really, I almost shit my pants - this is hilarious

this is horrible. voted option 2

yes, making fun of the mentally handicap will get this coin nothing but respect.
And help others, take actual coins even more serious.  just what we need


j

From the lowly dirt, a glorious potato arises like a pillar of marble in its magnificent solidity and brilliance.  Its glow bathes the ground, where the hands of the gentle laborer lift it from the depths. It has been seized by the opportunity of a lifetime.

oh this is gonna be f'in hilarious.

Posted From bitcointalk.org Android App

Fuck you, seriously. I'm not a violent person, but I would give you a good bitch slap if I ever ran into you.

People with Downs are some of the nicest people you will ever meet.

I have met one asshole, but he was the exception....lol You should all be ashamed of yourselves.  :-[

Why do you say that?

http://spud.hackshard.com Coming to a potato near you!

You spelled potatoh wrong

WOW, Extremely "Low" people here, get a life ...
i will do whatever i can to make sure this coin never makes it anywhere.  ;)


There is a good chance that I would srsly FUCK him up. little faggot he is.


Pythonideus, FUCK you moron.

~ peAce  ;D

reserved

That's not too nice.

this is not 4chan, and Pythonideus im am not telling you to be an adult, i am just asking you to act like one, everytime little kids do stupid shit like this, it gives all altcoins a bad name, unless that was your intention.


j

The first image was a joke, but this coin is completely serious. We plan to use it to support the agriculture industry in 3rd world countries. We're also working on a website where you trade potatocoins for potatoes.

http://www.silverfishlongboarding.com/forum/attachment.php?attachmentid=101064&d=1355235011

IF you guys are actually serious, that would be an altruistic first for any of the coins i've ever seen come out.

Completely

if your not using the first image, and you coin is not based on making fun of people with real challanges then that is cool, but using those images in your announce thread shows your real intentions,


j



p.s.   death to the potato,  we have a enough hater and taters already

Well, cheers then.

Why potatoes, if you don't mind me asking?

Taters are badass. By the way, I still have that cpu and ram if you want it back (my motherboard was broken).

this gave me chuckles but srs stop making these shitcoins!

Waitaminute.  You're that person on NCP?  Small world!

You may be able to score a really cheap LGA775 board and give the stuff another whirl.  

Alright, will look into that. Thanks :)

why not use an existing coin to launch your project instead of trying to get rich off people's misfortunes.

Feeling a bit dramatic today, are we?

Dick move including a girl with down syndrome on your stupid coin.

I don'T care how serious you are, you just shot yourself in the foot with the meme coin...

You want this to work, edit you post remove offensive image, kill the poll and talk more about your plans

Mean picture hurt my feewings!!111  WAAAAAAAAH!

The one with an actual potato on it looks like it will win anyways. :)

We are 100% serious everyone.
http://potatocoin.org/ (http://potatocoin.org/)

May you be blessed with a special needs child. I never wish that on anyone for the challenges can be great on a person... but for you I'll make an exception. You need to learn some manners and types like you need to learn it the hard way.

土豆币

What is this?

<title>HTML Online Editor Sample</title>

Making fun of mentally retarded people is crossing the line.  >:( You need a punch in the face.

You should probably tell that to the millions of people who use this meme then.

Really hope you update your website, it currently looks like some Geocity page from the 90s.

http://potatopool.com/ coming soon

man fuck off with all the stupid coins its not funny  >:(

It's not a joke coin, PotatoCoin has real world applications, such as sustaining the agriculture industry of Africa. We're working on a website where you can trade potatocoins for potatoes and maybe even potato chips.

reservedddd

i am up for this.

This thread

http://img0102.popscreencdn.com/155209024_potato-gun---stick-barrel-of-gun-in-potato-then-start-.jpg

reserved

so when is it launching?

finally a coin everyone can mine, no need computer, only hand

Coin is scheduled for launch later today.  However, one of our Developers is not currently online.  

In the mean time please pre-register on our official pools located @

http://spud.hackshard.com
and
http://spud2.hackshard.com

We will be having up to 2 million coins in giveaways directly on the pool for specified blocks.

Do we have a Windows wallet and .conf for solo mining or is this pool mining only?

Do we have any idea of the launch hour or do we Europeans are screwed again and must be a little more sleep deprived ?
Also will the source be available at launch ? Or will hackshard have a little head start ?
And finally, is there any node already ?

any updates?

Windows-qt at release?

Which time & time-zone?

Premined?

Don't f*** it up this time. Make this the best launch ever.

I can only say... why?

:D looks like images i post keep being created as actual coins ... inb4 dolancoin

My body and my miner is ready :D

Gonna put in 3.5Mh/s at launch, whoooooo

Windows QT at release: Yes
Time & Time-Zone: Not sure. we was supposed to be ready today but our coin developer has delayed us.
Premined? Yes 2% Just like EarthCoins  out of this 2 million coins are for a Giveaway thread to be released on day 2. 2 million coins are used for the official pools.

Well so I'm going to sleep. I put your pool with my workers all ready as the first one in cgminer, and a second one currently mining another coin as failover. When your pool will be up, it should be mine potato in less than 1 mn.
Hope to have some coin tomorrow.

Coin planned on being released in the next couple hours or should I stop hoping for it?

Maybe this dev is being smart and releasing it stealth-like.


We already have the pool(s) info.

This would be a good thing IMO as it would help to avoid forks among other things.

I wish I could recieve alerts when the coins go live haha

Can't wait to mine some spuds  ::)

please announce at least 24h before official launch. I can't always stay and check this thread every hour!

Honestly no Estimated time frame on release right now.  all I can say is check back tomorrow.  We was supposed to get the source and QT from our Coin Dev today. But he was to busy today to work on it.  So hopefully tomorrow?

So did you hire a guy from Pakistan off odesk.com? Those guys are dirt cheap but always late with bad code.

LOL, looking forward to the coin  8)

This made me lol

www.potatocoin.com

CPU Limit Reached
You are seeing this page because website has reached CPU usage limit of the server, and it was temporarily disabled.

oh nos

Your website is down. Says the CPU limit is reached or something.

What if everyone actually wants their potatoes?

Potatorun!

Let's hope not everybody is Irish.

PotatoCoin has been delayed again, sorry everyone! :(

We're working on it and will release this coin ASAP

Our website is .org not .com :) not sure who got the .com

Don't rush... take your time and make sure the release smooth and trouble-free... and please do not release without wallets for Windows, Linux and MAC... there are dozens of coins being thrown into the maelstrom with no thought or planning... I like the PotatoCoin and want it to succeed... this is another coin that I can use with my business as a farmer, especially since we are widely known for our potatoes... so take all the time you need.

We have modified the specs on this coin

this makes me sad =(

I know that Electric/VOLT had a different admin, but both VOLT and SPUD are/were being released by the HackShard group... this does not bode well if SPUD hits some tough times...

From http://eac.us.hackshard.com/index.php


While I have been a great supporter and want SPUD to be a real world success... I am not longer in support of any coin that does not release with a minimum of a proven and working Windows wallet and source code from which Linux and Mac can be compiled.

I still like the idea of SPUD, but the developer has to prove to me that he is serious about this coin and will stand behind it through thick and thin. For some, mining and crypto-currency may be a hobby or interesting pastime... I am investing real money and time into the coins that I support... money and time that I cannot afford to lose or throw away.

So to the dev team of SPUD... develop and present a business plan... build and deploy the apps and software... then release SPUD... premine if needed to pay for all this time and work... prove you want to release a coin that could be a real and usable currency.

The concept behind SPUD is great, but...

Well at least you're not rushing into it.

can potato coins be fried?

We could have been a dynamic duo of tardism but you chickened out and changed your logo. Come on, change it back. Don't let the Libtards get to you.

I have no idea what you're referring to.

I am no longer affiliated with DeviantTwo in any way.

The thread has been updated with more information.

Cann Potato survive  >:(

where can buy this coin ??

So how'd this coin go? This page had almost 10,000 views. I guess there was a lot of hope for it.. Don't know why tho.