Bitcoin Forum

Hi, All,

The initial plan of CommunityCoin is to distribute 1billion coins to 1000 individuals, each got 1 million coins, totally free. There are several rules for applying the stake.

The distribution has lasted for about ten days.  The dev has received a lot of applications. However, some of them are fake (not qualified or cheaters).  The dev judged them carefully. It's the main reason why the distribution is slow. Untill now, about 350 stakes have been granted and delivered.  At the present speed, a long distribution stage (~ one month) may be expected.  

The dev and the community realise that the long period may add large uncertainties.

Here there is a plan to speed up the distribution.
The targeted amount stakes can be changed from 1000 to 500. The amount of each stake will therefore increase to 2million (1million before).
That means we can complete the distribution within one week.

What's your opinion?

cheers,
X.

EDIT:  There is another poll for how many funds will be reserved for bounties, giveaways:
https://bitcointalk.org/index.php?topic=557616.0

500, each gets 2 mils

I voted thank you. I feel good. community works.

thank you. I hope more people can participate.

Both 500 and 1000 stakes are ok for me.
Anyway, I prefer a quick distribution.

The quicker the better.After that we can really focus on further progress and development of the coin.

1000! More distribution is better!

yes, theoretically speaking, you are right.
However, you may realize the present distribution is so slow.
The dev said they had about 330 stakes granted two days before.
Now the number is about 350 stakes!
10 stakes per day!!!!!         
At this speed, the distribution will be completed in 2 months!

And the fact is that those who are interested in this coin and also qualified have already involved in. The left are either not interested in this coin or not qualified. 

Endless wait is useless.

I agree and voted for less than 500.

Ideally the original 1000 would be best, and if possible 500 would be good, but it it takes too long I think less than 500 is a fair compromise.

Using this logic the distribution of Auroracoin should be stopped immediately. Wide distribution, large userbase is what gives coin value.

the larger scale community the better
dont be overly concerned about slow phase. i think the whole cryptoworld including bitcoin itself is in slow gear

+1 agree

+500 or above is fine with me. Its a big enough number to split the coins. Once it hits an exchange a lot of people will dump and it will allow coins to be distributed to more wallets. Don't ware yourself out with this. as long as its not 200 people owning the coin. it should be alright. the free market will adjust the coins distribution

500 sounds about right to me. That gives more people a chance to apply but still allows the full distribution in a reasonable time.

Add a new poll for vote the development fund fraction.

I voted for 1000 it really should be 10,000 but it's hard to distribute to that many people and not get people getting in on it 10+ times

Hey guys, what's happened to the community post? I'm not able to reply or quote... And you?
https://bitcointalk.org/index.php?topic=529481.0

New Thread https://bitcointalk.org/index.php?topic=558319.0

Any more than 500 will take so long that people will lose interest.

If people start losing interest the coin will slowly die. 500 stakeholders is best for COMM.

I voted for between 500 and 1000. If I recall correctly, there's already about 500 stakeholders as of now - so 500-1000 gives the dev the flexibility to make a judgment call on ending the distro. As guided by input from the Community, of course.  :)

You know, Nxt had like a 70 early adopters or something like that.

If there were people who were very close to meet the rules, could they get a smaller amount, like 500k or 250k? Just a thought, if it is difficult to find 1000. I just think that we should have more stake holders than 500.

NO
WE WANT TO KEEP COINS FOR BOUNTY'S AND DEVELOPMENT.

i voted for 500 stakeholders.  there is not enough accounts right now. i think we should move on and get the coins distributed fairly as soon as possilbe. Maybe increasing the coins in every stakeholders is a fair way.

English is not very good, there is no hope to get comm. ;D ;D

Any more than 500 will take so long that people will lose interest.

If people start losing interest the coin will slowly die. 500 stakeholders is best for COMM.

500 seems sensible to me to try and get distribution done by the end of April.

I think the coin to distribute as more many people. No need to make a private club. Cryptocoin idea is just that the coin is not dependent on a limited number of people. Also, where is the guarantee that those who will get a million coins will not be easy Troll. They have a lot of messages, they are active, but it does not mean that they can just put useful. They can just put our idea when there will be an advantageous offer. Because I am convinced that you need to give a coin to everyone who has an bitcointalk account with the age of 1 month.

Very useful guide. ;D

0

no premine

ADD MY

No one here to participate in the discussion.
No new content out?

I guess the best would be about 500 -1000 stakeholders.
In my op this is the right number to build up a stable coin.