Title: [KiB] Kibweecoin | Proof-of-Contribution | lancement le 13 juin Post by: trankil on June 12, 2014, 02:14:36 PM JE FERME CE TOPIC vu que SuperResistant c'est lançé dans la traduction Française https://bitcointalk.org/index.php?topic=650726.0
https://bitcointalk.org/index.php?topic=642933.0 le dev est français j'espère qu'il prendra le temps de venir nous présenter son truc ici si jai bien compris y'a un minage classique mais aussi en + à chaque bloc un reversement de coin supplémentaire à ceux qui possedes des shares actuellement 1000 shares c 0.1 btc j'en ai pris 1000 pour voir, car je trouvai le concept un peu nouveau mais les pro de nxt et autre vont pouvoir nous dire ce qu'il pense de ce concept Some details for the Today's launch: https://bitcointalk.org/index.php?topic=642933.msg7286530#msg7286530 Kibweecoin https://i.imgur.com/6snBLjV.png Coming soon, following this thread is following the release. https://i.imgur.com/c5J2nZU.png https://i.imgur.com/aGGcYaL.png Introducing the new Proof-of-Contribution https://i.imgur.com/2Y18xLI.gif KiB is the first Proof-of-Work/Proof-of-Contribution/Proof-of-Stake coin. The PoS will be activated after the PoW/PoC period, which is expected to last 8 months. Mining though the Proof-of-Work is about resolving a X11 algorithm. As any PoW system, the block finder win the block reward. The new Proof-of-Contribution involve no direct mining: every Contributor will earn Coins, in any case, no Contributors will end with a 0 balance. This new way to earn Coins during the distribution phase (PoW/PoC) do not require any premining from the developers team. Kibweecoin is 0% premined. The Proof-of-Contribution concept solves a lot of problems than many developers have tried to fix. Unlike CPU mining, or mining though a game, the PoC is immunized against bots or any form of cheat while being fair with all Contributors (100% chance to earn Coins every Roll). Each Roll, the Contributors sharing a reward. Kibweecoin is green. Very green. You can turn off your computer and keep receiving the Coins from the PoC: you're a Contributor, your wallet will grow every roll, with you, or without you. Specifications https://i.imgur.com/2Y18xLI.gif Monetary symbol: Ꝅ Unicode number: U+A744 HTML-code: Ꝅ PoW Algorithm: X11 PoC Algorithm: None PoS Interest: 2% / year PoW Basic reward per block: 8 KiB PoW Time target per block: 60 seconds PoW Distribution: The block finder earn the reward PoW Difficulty adjustment: Dark Gravity Well PoW Reward halves: on block 43200 (4 from 8 ), 129600 (2 from 4) and 259200 (1 from 2) PoW coins to be mined: 1.019.520 KiB PoC Time target per Roll: every 60 blocks (60 minutes) PoC basic reward: 472 KiB PoC Distribution: shared between all Contributors PoC total coins: 2.718.720 KiB PoW + PoC total coins: 3.738.240 KiB PoW/PoC Block maturity: 220 blocks End of the PoW/PoC period: on block 345600 (target: 8 months) Transaction confirmations: 6 Bounties / Launch https://i.imgur.com/2Y18xLI.gif As the Kibweecoin isn't premined, we won't deliver directly any KiB for your work. Instead, on the release, we will give Shares as bounty. Pre-launch Operation Here the 3 steps of the launch: Quote 3. 13 June: Source code release Available Bounties: - Translations: 72 Shares (3 days of PoC) - Promoting on other forums/website: between 12-24 Shares (0.5-1 days of PoC) - MAC/Windows Wallet: 168 Shares (7 days of PoC) - Fixing the PoC Console English: between 1-48 Shares, depending of the work - Fixing the English in this thread: between 1-48 Shares, depending of the work - First Blockchain explorer: 168 Shares (7 days of PoC) - 2 firsts mining pools: 168 Shares (7 days of PoC) - Finding bugs on the PoC Console: depend of the work/bug Translations done (no more bounties): - Chinese - Russian - Greek Main Links / Social Network https://i.imgur.com/2Y18xLI.gif PoC Console: https://www.kibwee.com Twitter @kibweecoin (https://twitter.com/kibweecoin) Facebook: https://www.facebook.com/profile.php?id=100005694165617 (https://www.facebook.com/profile.php?id=100005694165617) Cryptocoin Talk: https://cryptocointalk.com/topic/12021-14-17-june-kibweecoin-powpocpos-0-premine-new-proof-of-contribution-system/ (https://cryptocointalk.com/topic/12021-14-17-june-kibweecoin-powpocpos-0-premine-new-proof-of-contribution-system/) IRC Freenode: #kibwee (https://kiwiirc.com/client/irc.freenode.net/#kibwee) Events Calendar https://i.imgur.com/2Y18xLI.gif https://bitcointalk.org/index.php?topic=642933.msg7228425#msg7228425 Kibwee.com: 11-12 June. Kibweecoin Source Code: 13 June. Altcoin Calendar: https://www.altcoincalendar.info/coins/536-KiB (https://www.altcoincalendar.info/coins/536-KiB) Crypto Launch: http://www.cryptolaunch.net/kibweecoin.html (http://www.cryptolaunch.net/kibweecoin.html) PoC Console Source Code: no date. Exchanges / Marketplaces (not available yet as the coin isn't released) https://i.imgur.com/2Y18xLI.gif Allcoin: https://www.allcoin.com/ Mining Pool (not available yet as the coin isn't released) https://i.imgur.com/2Y18xLI.gif http://kib.pool.mn/
http://kib.hashhot.com/ http://kib.minerpools.com/
http://kib.hashlink.eu
http://kib.coin-miners.info/
https://becausepool.com/index.php?coin=kib
http://kib.ssdpool.com/
BTCTalk, other languages https://i.imgur.com/2Y18xLI.gif Chinese: https://bitcointalk.org/index.php?topic=644272 Russian: https://bitcointalk.org/index.php?topic=646859 Greek: https://bitcointalk.org/index.php?topic=648416 Other links https://i.imgur.com/2Y18xLI.gif http://www.coin38.org/forum.php?mod=viewthread&tid=6823 (chinese) PoC Description (Quick start) https://i.imgur.com/2Y18xLI.gif
PoC Description (Detailed) https://i.imgur.com/2Y18xLI.gif 1. Proof-of-Contribution Basics The PoC is PoW dependent: it's the Miners who are creating the PoC Reward. The magic will occur every 60 blocks: on this special block, instead of sending the reward to the Miners, an higher reward (472 KiB) is send to the PoC Console. On 60 mined Blocks, the Miners earn Coins only on the 59 firsts (59 * 8 = 472 KiB). Then the PoC Console will share this reward between all the Contributors. Here a small paper-scheme showing how it's working: https://i.imgur.com/ZnllXV8.png The Proof-of-Contribution part is pretty Centralized, but still require 0% premining from us. The PoC flow follow the PoW rhythm. The PoC Console is hosted by a server (kibwee.com), accessible from any device. A robot will spread the Coins every 60 blocks between all the Contributors. The Console gonna be Open-Source on the long term. 2. PoC Rewards Distribution All active Contributors are 100% sure to earn KiB on every Roll. But the distribution isn't equal. Contributor (1) can receive more KiB than Contributor (2). A Contributor, to be active, require Shares, and the PoC turned On (you turn it off/on anytime). The PoC Reward isn't split between each Contributors, but between each Shares. The more Shares you own, the more KiB will be credited on your account. On a Roll, the Console calculate the value of 1 Share. The math is simple: 472 / Total Active Shares = 1 Share value. (example: 472 / 8 = 59) If you own 3 Shares, you'll receive 3x the Share value: Your Shares * (472 / Total Active Shares) = Your KiB for this Roll. (example: 3 * (472 / 8 ) = 177 KiB) Here the paper example: https://i.imgur.com/GHD998j.png 3. The Shares mechanics Why you can't cheat the PoC ? Why multi-accounts, bots, etc ... are going to be inefficient ? To acquire a Share, you have to buy it. The price will be fair and accessible to all, the goal for us isn't to extort the Contributors, but to protect the PoC/PoW eco-system and keep the both balanced (read (3.) for more details). We think 0.0001 BTC (atm $0.065c) per Share is right, making 1 day of Contribution costing 0.0024 BTC. Every-time a Roll is over, all the active Contributors losing 1 Share (except if your Contribution is turned off). 4. Contributing and Mining, hand-to-hand We need to keep the PoW and PoC balanced. All Miners will leave the PoW if the PoC is too cheap or if the PoW become not profitable. And all Contributors will leave the PoC if too expensive or not profitable. Let's summarize ! Mining require: - Hardware (-$) - Electricity (-$) - Find the 'best' mining pool (-time) - Check if the Mining is profitable and turn off/on miners in consequent (-time) - Find the best setup (-time) - Occasional maintenance (-time) Contribution require: - Shares (-$) - Check if the Contribution is profitable and turn off/on PoC in consequent (-time) Both, PoW and PoC, require management to reach the ROI. We want the PoC easy, secure against bots, very green, and to be the best distribution system, while not overkilling the PoW. Title: Re: [KiB] Kibweecoin | Proof-of-Contribution | lancement le 13 juin Post by: trankil on June 13, 2014, 09:23:48 AM ce soir à 19h
Title: Re: [KiB] Kibweecoin | Proof-of-Contribution | lancement le 13 juin Post by: oddwh on June 13, 2014, 09:40:53 AM J'adore les schémas écrits sur des feuilles grands carreaux ;D Pourquoi pas, je vais tenter d'en miner un peu pour voir ce que ça donne.
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