Title: Announcing Musicoin: People’s Coin Post by: musicoin on June 14, 2018, 09:28:08 PM About Musicoin: Musicoin is a peer-to-peer decentralized digital currency for ordinary people, easy to use and acquire. Musicoin summarizes the best characteristics of digital currencies, which were issued earlier (Bitcoin, Peercoin), such as: increased security, fast consensus mechanism, and increased decentralization achieved by requiring miners to prove the knowledge of the transaction data. Mining: Musicoin mining involves verifying transactions around the system by encrypting and decrypting transfers, carried out by other users. This process is deliberately made highly complex and time-consuming to reduce Musicoin inflation. The complexity of each transfer's encryption increases proportionately to the number of people working on the transaction. It requires an extremely high-end computing setup, dedicated to the encryption and decryption process. These requirements have so far been sufficient to keep Musicoin inflation in check. To control Musicoin inflation further, the permission of a maximum of 7 Billion Musicoin ’s was implemented into the system. This also steadily reduces Musicoin’s generation as the total number of Musicoin ’s in circulation increases. Based on the current generation rate, it is estimated that the total number of Musicoin’s will be created and mined in 2100. Obtaining Musicoin’s There are several ways to acquire Musicoin’s: 1. by purchasing directly from other users at whatever prices they propose 2. by purchasing from Musicoin exchanges and ATMs 3. by earning new Musicoin’s via Musicoin mining - carrying out tasks from the Musicoin network ATMs and Exchanges Musicoin exchanges and ATMs provide a considerable range of services and serve multiple purposes: as depositaries to store Musicoin’s as a wallet service to enable users to convert their fiat currency into Musicoin’s as an advanced trading exchange, in which users can trade between multiple digital currencies and fiat currencies. Users are required to verify their identity in order to access these exchange services. Scrypt algorithm block generation time 90sec 7 Billion total amount of Musicoin’s 6.650 million pre-mined 350 Million PoW/PoS Almost instant transactions Fast consensus mechanism Extreme security Low future inflation rate 1% (interest value) Efficient data retention High transaction confirmation frequency Energy efficiency P2P Hybrid POW/POS simultaneously phases. Stake’s minimum age is 12 hours. Maturity of blocks takes 350 blocks Proof-of-Work & Proof-of-Stake Stages 1st year - 2 coin’s - block 2nd year - 4 coin’s - block 3rd year - 8 coin’s - block 4th year - 10 coin’s - block Rules: ✔️ Join our telegram https://t.me/Musicoin3 ✔️ Join our telegram https://t.me/Musicoin1 ✔️ Follow our official Twitter https://twitter.com/Musicoin3 Title: Re: Announcing Musicoin: People’s Coin Post by: MagicSmoker on June 14, 2018, 09:32:48 PM There already is a Musicoin, so either you are a dumbass or a fraud... or, actually, no reason why you can't be both.
Title: Re: Announcing Musicoin: People’s Coin Post by: daj pare on June 15, 2018, 06:29:04 AM Man, I see you're lost your way, musicoin is here:
https://bitcointalk.org/index.php?topic=1776113.0 ;D Title: Re: Announcing Musicoin: People’s Coin Post by: p3ppymon on June 15, 2018, 06:38:40 AM There already is a Musicoin, so either you are a dumbass or a fraud... or, actually, no reason why you can't be You got it right. OP is trying to promote his/her projects using established names in the market. Very misleading indeed. Musicoin and ReeCoin are the used names. Don’t fall into this scam. |