You are not "taxed", you get 45.  It's not like they take half of your stake.  They just earn 50% of the staked earnings by providing network stability.

Can I have a ride on your mega yacht?

 Go look at Bleutrade.  If you own Bleutrade Shares (a coin basically), you get a certain amount of the profits.  I think their model is 1,000,000 shares (coins) = 100%.  So if you own 100,000 you'd get 1/10th of the profits.  They actually pay out based on each coin transaction except for btc.  So if you buy 10000 xxx coin, and the fee was 10 xxx coins, and you owned 100,000 bleutrade shares, you would have gotten 1 xxx coin as your share.

I don't think he means from stock dividends.

Probably you either stake your xtp on their cloud (announced ) and it's tied to your exchange account, then they pay you dividends.

Just like bleutrade and a few others.

ICO was transferred already, I missed the POS starting block, so you are mining the 0 blocks?

Maybe I'm missing something but why is the explorer on block 152?  

The algo is Lyra2, the LYRA2RE is Lyra2 Release Edition, it's because they put out a test algo before releasing...

And where did you dump whale at...

Is it on C-Cex yet?

Just a super small theory.

The reason your network hash showed 130phs, is because you got attacked, or you have a backdoor in your code that you utilized.  The explorer read it as 130phs because that would have been the amount of network power required to generate the blocks in that amount of time given no diff, or no diff change.

Because, I would GGGGGGGGUARANTEE no one with access to 130phs would even have looked at your coin.  That amount of revenue lost would have been astronomical.

So tl:dr you didn't really have 130phs, thats just a system calc for those mysterious 7k blocks.

Also when you're at your computer, can you tell me the winning lotto numbers next week, since it seems you have the ability to time travel?

5 minute blocks, launched Friday night, and now at block...basically 8,000.  I'm no math genius, but that should be about 27 days in the future..today...

Even at 1 minute blocks that should be 5.5 days...

I've actually lost respect for Richie for adding your coin, even if you paid him to be added.  Thought he had more sense than this.

Title needs to include NO LAUNCH!

Finally, you've said something I can respect you for.  If this was my coin I wouldn't mine it either.


The only reason why (in my opinion) some of us are calling you out on the obvious items here, is because you've dragged a reputable ACTUAL charity into this.  I'm sure on paper, your claims of how much you can produce in revenue off of a 100,000,000 10% interest staking wallet seemed great to the Rainforest Foundation.  But you guys flat out lied to them, and are lying to yourselves about the good your doing.  You will actually do more harm to crypto's and the reputation of them within that community of Charities.

If you had just announced this, without being tied to the Rainforest Foundation, I would have NEVER have commented.  Never mined it, because the stats are bullshit.  There are plenty of shit ass suck coins that are launched every day that I never feel the slightest inkling to comment on.  Yours, I took exception to.

In fact, I've even emailed Suzanne and the foundation with the potential damage to their publicity and lack of professionalism you all have shown here.  And I'm not talking about the rhetoric going back and forth since you're getting slammed, but just the overall view of this launch.  Pretty website, but that's it.

The kool-aid must come in extra extra large cups around there.  You guys are hilarious.

So, you're going to raise 1.5billion dollars from the interest stake.

Look, I don't mean to beat on you guys, I really don't, but you're making far to easy. 

First:  If you're trying to imply no other alt coin has been produced with the intentions of charitable contributions.  Then you are mistaken.  Clean Water generated what, $2,000, to provide clean water.  But they did it with a fair and honest coin.  There have been several also where the dev's and community donated mined coins to the cause, which is much more admirable, and more apt to accepted by the mining community then the stats you came up with.

Second: If you want to be taken seriously, which I believe you do, you need to speak clearly and concisely with your words.  If your asking why I'm saying your going to raise 1.5billion dollars, it's because that's what you say.  You keep saying the Rain Forest Foundation is going to plant 1 billion trees with this staked interest.  Also, your stories keep not meshing.  Six months of work here, A year on it here, not knowing it was the IRS who granted Charity status (not you, but another team member).

Third: The coin stats are just super weak.  There is no value for miners to mine it.  Your staked interest will mean nothing because there will be no buy pressure.  You've taken your one shot at doing this, and did it wrong.  And it's obvious you did no research on past crypto coins, success rates, or how to create value.

Fourth: Your whole philosophy and way of thinking is complete hypocritical pandering at this point.  Stating that you have to have Radical Thinking to effect global change.  You are right.  But by creating a source to make your change at the expense of the thing you are trying to save (the environment) is just plain ludicrous.

Fifth: In your ann, you repeat the same nonsensical dribble over and over again.  Literally, and figuratively.  If you spent a year working insanely hard on anything it would have been spent using a thesaurus to produce the language in that ann.

What is the cost to plant one tree?

Greed implies there is the chance of profits...

I fail to really see how this will generate any sort of significant income for the Rainforest Foundation.

First off, your insane hard work. If this launch is a result of what you can do working INSANELY hard for a year to develop this coin.  Then the rainforest is fucked. You're teams (what four members?) 1 year of insane hard work would have produced more for this cause if you guys delivered pizza at night for the last year, and donated 1% of your post-tax earnings, then this venture could ever produce.  Ever.

Secondly, super rough math (didn't feel like doing the math on the block reductions every 90 days, which btw is 100 years, not 99) means after 100 years...there will be ~11 million minted coins, excluding POS.  Which at 10% interest, still leaves nothing compared to your 100,000,000.  There will be no market cap, no exchange volume, which means no btc earned to plant trees.


I applaud your portrayed commitment to the environment, which btw, way to be "green" and yet use a medium that consumes THOUSANDS of kilowatts of energy per second globally.  But you are delusional if you think at any point any of what you have done here has bettered your cause.
 

As much as this coin seems scammy and the overall design of the currency is not appealing to anyone to really mine, at least they are truthful in their affiliation with The Rainforest Foundation -

http://rainforestfoundation.org/bitseeds

Don't worry, the OP found it and added it to the premine for you....

Oh sorry, not a premine, a "custody amount"...