Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: DaffyBucks on April 18, 2015, 02:09:26 AM



Title: [PRE][ANN][DFY] DaffyBucks PoS/PoW hybrid [CounterParty]
Post by: DaffyBucks on April 18, 2015, 02:09:26 AM
https://i.imgur.com/14B6idy.gif

Introducing DaffyBucks,

While DaffyBucks (DFY) may have a playful name, we are committed to nothing less than creating a serious asset class allowing people to build services upon the blockchain. While the technology behind smart assets on the blockchain is already in place, previous projects have fallen short of mass adoption due to a lack of initiative, focus, or from just being too complicated for the public to grasp. DuffyBucks will take this paradigm breaking technology and bring it down to a level where the general public can understand and grasp its potential. DuffyBucks will create value for traders, miners, and people wishing to utilize Counterparty for smart contracts. This project will create an updated counter party solution to better integrate smart contracts in a streamlined process that is user friendly for newcomers to cryptocurrency. The DaffyBucks announcement will coincide with the initial release of Daffy Duck on screen, April 17th 1937, commemorating a fun sense of humor which appealed to the masses. DaffyBucks is scrypt with a coin total of 4,171,937, 1,900,000 of which will be sold through an ICO to fund the project, and 2.2 million which will be rewarded to miners through a long Proof of Work (PoW) mining period. The ICO funds will be used to fund development on the project, and then also allow non-miners a way to join the community. To further secure the network and reward the community for their support, all mined and purchased coins will can be staked at a 20% annual rate.

Name: DaffyBucks
Ticker: DFY
Coin Type: PoW/PoS Hybrid
Algorithm: Scrypt
Block time: 600 seconds
Block Reward: 1000 DFY
Halving Rate: 1100 blocks

Premine Amount: 1951937
Total Coins: 4151937
ICO Total: 1900000
Reserved for giveaways and bounties:51937
Yearly Interest %: 20.00
Minimum Stake Age (in days): 15
Maximum Stake Age (in days): 90

Cryptocurrency and blockchain technology have too long existed as an overly-complicated idea out of the reach of the general public. DuffyBucks is here to change that, bringing the full potential of blockchain utility to the world.  Welcome to everyman’s blockchain.


Title: Re: [PRE][ANN][DFY] DaffyBucks PoS/PoW hybrid [CounterParty]
Post by: pumas26 on April 18, 2015, 02:51:36 AM
pool ?


Title: Re: [PRE][ANN][DFY] DaffyBucks PoS/PoW hybrid [CounterParty]
Post by: DaffyBucks on April 18, 2015, 02:58:25 AM
pool ?


pools will be made available on launch after the ICO. I am in talks to host on C-CEX for the ICO section, will be giving bounties for pools and a block explorer. This is an early announcement to coincide with the first appearance of Daffy! The initial coin is ready to go with a roadmap on planned additions!


Title: Re: [PRE][ANN][DFY] DaffyBucks PoS/PoW hybrid [CounterParty]
Post by: louiseth1 on April 18, 2015, 03:11:37 AM
meh is that all?


Title: Re: [PRE][ANN][DFY] DaffyBucks PoS/PoW hybrid [CounterParty]
Post by: ocminer on April 18, 2015, 03:14:27 AM
Tweety is then probably next ;)


Title: Re: [PRE][ANN][DFY] DaffyBucks PoS/PoW hybrid [CounterParty]
Post by: bb2ebb on April 18, 2015, 03:24:38 AM
Minimum Stake Age (in days): 15
Maximum Stake Age (in days): 90

Cryptocurrency and blockchain technology have too long existed as an overly-complicated idea out of the reach of the general public. DuffyBucks is here to change that, bringing the full potential of blockchain utility to the world.  Welcome to everyman’s blockchain.

age time of stake long time also  :D


Title: Re: [PRE][ANN][DFY] DaffyBucks PoS/PoW hybrid [CounterParty]
Post by: Shadow_Runner on April 18, 2015, 03:32:27 AM
2013 is back? What's next, Tom & Jerry coin?  ;D


Title: Re: [PRE][ANN][DFY] DaffyBucks PoS/PoW hybrid [CounterParty]
Post by: MickGhee on April 18, 2015, 04:07:47 AM
this is to coins as donald duck is to ectascy lol


Title: Re: [PRE][ANN][DFY] DaffyBucks PoS/PoW hybrid [CounterParty]
Post by: seedtrue on April 18, 2015, 05:33:22 AM
Way too heavy of a premine/ico. But good luck with your coin.


Title: Re: [PRE][ANN][DFY] DaffyBucks PoS/PoW hybrid [CounterParty]
Post by: MisO69 on April 18, 2015, 02:37:02 PM
10 minute blocks 1000 reward. Why? 1 min blocks with 100 reward each would be better.


Title: Re: [PRE][ANN][DFY] DaffyBucks PoS/PoW hybrid [CounterParty]
Post by: DaffyBucks on April 20, 2015, 04:25:44 PM
Thank you everyone for your input, and we will be making slight changes to the coin in the coming weeks. The main reason for the new coin is to have the most affordable counterparty available. this is to coincide with requests to implement the counterparty solution at a later date for more features.

This is only the pre-ann as we are still working behind the scenes to bring a functioning coin to light. The ICO may seem heavy, but this is to give people a chance to fund, stake, and run with the initial release features.

The ICO period will be to raise funds to support on-going development. The more raised, the more options we can introduce at a quicker pace. Then, PoW will be available for users to mine and benefit the same way that the first ICO buys staking will have.