Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: SatishMotaNaak on September 23, 2014, 09:39:54 PM



Title: New Coin : Rivercoin (New Concept, Proof of Credit + PoSV)
Post by: SatishMotaNaak on September 23, 2014, 09:39:54 PM
Hi Guys/Gals,

                   Working on a new Altcoin. The whitepaper and development is underway. The community is quite new and cold use more members, please feel free to participate.

                   We aim to provide wallets that are used as personal banks. Interest rates will be tailored as per individual wallets. Max coins still undecided.

There shall be a variable element to mining of coins. For eg. If mining of coins = 50 per block, then a 75% increase or decrease in this no. depending on the health of the coin economy refers to the variable element. For instance the coin economy suffers and demand starts choking, the no. of coins mined would drop from 50 to 12.5 per block.

                   A lot of interesting functionality has been put under the hood of this coin. Please join us as we bring this new innovation to the cyberspace.

The ICO shall start shortly.

For the sake of initiation and inauguration. Now, 10 RiverCoin is up for auction.

The bidding minimum : 0.1 BTC

The coin release date ~ 30th October 2014.