Launch Date Saturday 26th
Bittrex [HOC] First Exchange
https://bitcointalk.org/index.php?topic=553599.msg6401030#msg6401030
Seat Registrations are Opened Back up(Ending 24hours after launch)
Reg. Here -
http://forum.houseofcoins.us/index.php?topic=3.0You can also (Private Message) me here to "Reg. A Seat"
IRC -
https://kiwiirc.com/client/irc.kiwiirc.com/HouseofCoins.US(Coin Dev is
100% Complete) - Emails Not Backed-UP
Windows Wallet - https://bitcointalk.org/index.php?topic=553599.msg6378683#msg6378683Mac Wallet - https://bitcointalk.org/index.php?topic=553599.msg6398440#msg6398440
All coins will be accounted for. No one(including me) will have an unfair amount of coins. I want this system to be UN-gamed and equal as possible.
Physical HOC altcoins(3d printed) will be available to members for free on request. (*Update and pictures soon)
Still working on the [HOC] design.(not ready for production). If you haven't seen these 3d printed coins in person, every coin is unique(no two are ever alike)(Every coin is one of a kind).
HouseofCoins
—Lead Developer and Coin Distribute Bank
Finalizing dev and systems design. HouseofCoins will be ready for launch by
.
No single persons or groups will have an unfair advantage. Anyone with enough desire & ambition can climb their way to the seat of highest influence.
The maximum voting power any single house member can have is 10% (A noble attempt at limiting voter fraud misuse by the wealthy big money interests).
A future coin algo fork to anti-asic is possible, but for now vanilla scrypt still has the most distributed usage and it makes sense to try and maximize hash power.
whitepaper, term
Any future confliction that may unforeseeingly arise and not be covered by terms herein will be handled in a parallel manner to existing U.S common law.
PoW Algorithm: Scrypt
Re-target: 2 min
Block Time: 2 min
Block Reward: 50
No Halving
Max Supply: 21 million
Coin Allocation: 50% for house seats
Dev Premine 0%
50% Coin Bank (similar to IPCO)(escrow)
Coins will be distributed based on BTC collected.(minimum 0.01)
The House members Voting Power is a percentage
based on coin ownership(max 10%). (Example: If the Vice
President owns 10% of all the coins in the House, he would have
10% vote power on all decisions). It only takes a majority
vote to win.
The President always has 10% vote power regardless
of the amount of coins held at the time of vote. Everything is
transparent, you can see just how many coins everyone owns at
every vote session because a coin address is required to calculate
vote power. All addresses will be posted along side a (YaY) or
(NaY) vote in the official "House of Polls" forum.
Once all coins are distibuted to verified and registered
members of the House, HouseofCoins becomes a founder funded
business enity. All members of the house become the founders.
The House will now have access to the Coin Bank. What the business
does is up to the House to decide. It could be as simple as investing
everything into BTC and splitting the profits; a marketng campaign to
increase the value of the coin; or building a scrypt asic mining farm.
The House is in complete control of all business actions. Any profits
from any business ventures can be paid back to the house
members based on percentages of coin ownership.
Your proof of coin ownership address will put you in power
but keeping that position is up to the House. The President is the
only position of power that can't be voted out by the majority of
the house. The President will have a term limit of 3 months. Every 3
months the House will vote to keep the president in power or pass
power down the line of succession to the Vice President. Any House
member can sell out their coins at anytime and remove themselves
from power opening up a seat for a new coin holder to join.
How To Reserve a House Seat:
1. Register on the official forum.
forum.houseofcoins.us2. Email
admin@houseofcoins.us the username you signed up with and
imply that you would like to reserve a seat. Wait for a reply.
3. Check the list and make sure you have been accounted for.
List:
http://forum.houseofcoins.us/index.php?topic=3.0Minimum (0.01) to participate. The minimuM to reserve a House
Seat is 0.1 BTC. We want serious ppl only. Escrow should
be available a few days before launch.
2% of Coin Bank goes to Dev for Administration or
Dev will except the same value in coins.
Any future Coin administration will need to be
paid for by the House members. House members are not
required to use (Lead Dev) for future Dev work.
Synopsis
HouseofCoins is a protocol for the creation and use of decentralized financial instruments using Bitcoin as a transport layer.
The protocol's native currency, HOC, is 50% un-mined and deflationary, with 10.5 million HOC created by house member allocation in April.
★ The House ★
Lead Dev: I will be the Lead Developer and Coin Distribute Bank.
The President: Largest Holder of Coins.
Vice President: Second Largest Holder of Coins.
Speaker of the House: The Third Largest Holder of Coins.
House Members: Everyone else will makeup the rest of the house seats.
Hierarchical Overview:
http://forum.houseofcoins.us/index.php?topic=1.0Official Website:
http://houseofcoins.usOfficial Forum:
http://forum.houseofcoins.usTwitter:
twitter.com/HouseofCoinsUSReddit:
http://www.reddit.com/r/HouseofCoins/Verified/Contributor: Pools
http://hoc.Crypto-Coinz.comhttp://hoc.uberpools.orgPool List:(mostly by order of reception)
http://hoc.eliteminer.net(
caution)
http://hoc.talesfromthescrypt.org(
caution)
http://hoc.pool.mnhttp://hoc.okaypool.com/http://hoc.crypto-coinz.comhttps://hoc.hardcoreminers.comhttp://hoc.miners-pool.com/http://hoc.poolest.comhttp://hoc.althash.euhttp://hoc.idcray.com/hoc.cloudminers.net[HOC] First Usage as A Currency
http://metaneural.com/pricing-4col.html
News and Updates Posted Below!!! Writers,Bloggers,TwitterGroups, any media promo outlets(PM me)
I have 2% of the CoinBank for Bounties and the better job
everyone does the more the bounties will be worth. I want
to hit the media hard a few days before the launch.
If we can get investors on board this coin
will fly like an eagle.
An exchange is not on my priority list unless
the house wants it. I prefer to wait and get
it on Cryptsy, but I love the small exchanges
too. -A decision that is not up to me.
server=1
listen=1
rpcuser=hoc
rpcpassword=hoc
rpcport=40129
p2pport=40128
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