we consider 1) Volume mined 2) level of premining 3) distribution 4) how much interest was shown 5) if the chain was forked or any other deal breakers

those are references to his build environ (windows) delete the lines

I'd like to keep that on the low a bit, i'd like to be the first to accomplish it. But i can tell you that i spoke with a panel from the deputy governor's office of their reserve bank.  The country is facing serious issues with it's own currency.

 

hehe, we just ordered our own enterprise class just to hover around. All i want is one last person to hop aboard and let me use his platform.

Noirbank is currently under development but hurdles are everywhere. The first thing you have to answer is what kind of institution would you say you are establishing? If you include a currency such as USD you will have to register as a commercial bank, which means being connected to a national reserve and being subject to the banking laws of that nation.

I spent 4 hours on a conference call trying to explain what how and why crypto-currency is. Then they asked the obvious question, OVERSIGHT and TAXATION. Already if you look at the crypto world, those are alien words.

i'm still consulting a few people but if their responses come, we can be a go in 24 hrs. all i need to do is secure the bases

 i have honestly no idea about how ripple works, does it act as a unifying currency?

A currency backed by other currencies.

If say i had 0.1 antimatter coin, at that moment it is worth only 0.1 antimatter coin...but if i stake 1 SXC to it, then every 0.1 antimatter coin is backed by 0.1 SXC. If someone else stakes 1 PNC each 0.1 unit is backed by 0.1 SXC and 0.1 PNC.

Keeping track of the transactions has been a hurdle for abstract coin, i intend to make a client that will handle that issue.
The huge premine will produce the coin that will be distributed via buy-ins using the non-traded coins. The buy-in method implemented, in essence is merging all the non traded coins into one super-coin that has the backing of people who have previously been backing these coins and have been holding them with no sign of exchange. The beginning is very energy efficient since people wont have to divert their hardware to mining it, all you have to do is buy in using your non traded coins. A lot of hash power was used on a lot of non traded coins and this is a method of cashing in on those efforts.

As a result the alts shore up this "idea" coin and as the coin gains popularity your buy in converts into something actually tradable, there by you get returns (finally) on the effort put into mining these non traded alt. I am sure noone wants to be left holding the bag of the non traded alts. By limiting growth of the coin via mining during the first few thousand blocks, we encourage energy and effort saving but making it lucrative to just buy in using your Hazard coins rather than diverting your miners again from profit making.The stakes push the price of each unit up as interest builds. It's an unorthodox merge but it allows us to clean up the forum of the windfall of alts that were released by attaching their value to a single currency. And as the volume of stakes rises, this "coin" may end up being of competitive value due to it's being backed by cumulative derived values of alt coins. This is a project that will (just like Noirbits) be community oriented.

This idea came to us on cryptsy and google chat while we were trying to figure out a way to combine all the alts and solve the issues faced by the community.The unifying idea was born and has been developed and fine tuned. I'd like to make a public apology to r3wt   his feedback was ignored but has proven to have insight.  


Non-Tradable currencies accepted as buy-ins (we will update as we do our homework on more of them)
    
SifCoin
CureCoin
XenCoin
WeedCoin
VaginaCoin
FlashCoin
PornCoin
FlorinCoin
AnoCoin
MegaCoin
SuperCoin
ExCoin
ZenithCoin
OneCoin
InfiniteCoin
SkyCoin
SexCoin
DragonCoin
Emerald
USCoin
RealCoin
OneLadtCoin
QuantamCoin
FireCoin2
PowerCoin
SunriseCoin
IceCoin
GameCoin
LiquidCoin
SolidCoin
RuCoin
RedCoin
CosmosCoin
ValueCoin
6Coin

If a coin has been added erroneously please advise. If i missed one, the same applies.

The buy-in period is also limited until the date we hit an exchange from then on people will trade and mine.

The client will be available at launch for authentic method to store your buy in.

http://www.digitalcurrencytalk.com/index.php/topic,11459.0.html


check out the thread.

I'm also temporarily moving half my cards to solo mining to encourage spread of hash power

checkpoint 17058 pushed just in case, i'll start looking at things on my end, please pool owners check on yours. I am working on an updated version of the windows client.

  we need a like button on this forum

wow i didn't peg you for a troll

but no real scamcoin supporting scams

I'll be releasing Scamcoin, a proof of stake coin in response to the scammers who are spamming the forum.

- Proof of stake
- 20 coins per block
- 1 minute block
- 2 hour retarget
- 600 million coins

Bounties

20 coins per person that sets these fools on ignore
50 coins to those who prove they were scammed......or prove someone else was scammed. 

to make things ridiculous.... theres a 50k bounty for a pool that can successfully steal 50k coins. The rules are simple, allow manual payouts and your pool must not go offline...be creative.

to make things interesting, if you scam someone, i will give you 10% of whta you scammed as a reward.

Any more ideas to make this fun will be added and rewarded.

welcome to the real world noob, it's not a video game. your empty threats actually made me laugh. You must either be dumb or ignorant of the state of affairs. Though i'd suggest you stop bandying about you being an intelligence officer, your language skills scream too many warning signs.

1) Noone in the intelligence community freely states where they work or have worked.
2) Being an MIT graduate means nothing in my country, we have our own prestigious universities.
3) My contributions in this community are dotted around and are provable whereas all you do is berate and criticize.
4) If you really had an inkling of programming, you would not make a distinction between an application and software then add etc in the same line.
5) You my friend are a liar, you do not own tens of thousands of bitcoins else you would be trading not wasting time here on ideas you clearly do not appreciate.

my server is offline, no good there. Anything that requires coding or advertising.

your account is very new.....how can you be a scammer already?