Latest posts of: smilecointeam

Smilecoin - [SML]

About The Idea

We think the next step for crypto currencies is to be able to grow out of crypto community restricted circle.

So, we believe that any new project must:

1. Be, from first minute, highly brandable and attractive (name, image, mining numbers)
2. Have continuous and serious development/improvement capacity as system
3. Make real effort to be community aware (first here, later everywhere)
4. Have mainstream acceptance potential based on improved usability and everyday use application
5. Mobilize all possible resources (from investors, miners, supporters & additional developers)

That's why we present you our Smilecoin project.

Smile Power

Google search "smile" gives you 221 000 000 results

Everyone smiles in the same language - proverb

"You’ll find that life is still worthwhile, if you just smile." - Charlie Chaplin
"Start every day with a smile and get it over with." - W.C. Fields
"A smile is a curve that sets everything straight." - Phyllis Diller
"A smile is the universal welcome." - Max Eastman

- A smile increases immunity
- Smiling can make blood pressure lower
- Smile relieves stress
- A smile makes people think positive

Technical Info

* Proof of Work Scrypt algorithm (can be changed in the future due to Scrypt ASICs mining pressure)
* Difficulty retargeted with Kimoto's Gravity Well
* New block generated every 2 minutes
* 5 000 coins created per block first year
* 2 345 490 000 Smilecoins will be created in first three years (halving reward every year)
after third year reward will be 250 coins and will stay like that at least next 3 years
or, if evolution of cryptos it shows as a better solution, we will move to a PoS model
* 2% premined (1% pretraded for initial funding, 1% for project promotion/support next 3 years)

Funding Info

We intend to premine and pretrade 1% of all Smilecoins that will be available in the first 3 years.
Of course we are ready (in fact we do prefer) to accept a suggested trusted escrow from bitcointalk community.
Also as Head Dev, I am ready to provide full id proof (as in any simplified id verification procedure: scans of Passport, Country Id and recent utility bills, with land line phone verification from phone bill) to a trusted senior member of this community. I Will Not provide my full id here or in any public place on webs - don't bother asking.

This is a serious project for us and we would like to get serious community support, being that much more than an occasional mining/pumping/selling/repeating interest.

Launching Date

In 1 to 2 weeks - to be announced. Depends on several final tests (real network, servers, etc)

Site will be smilecoin.org (soon online)

Chain explorer will be smilecoin.info (online on lauch)

Web wallet and coins mixer will be smilecoin.net (not so soon online)

Wallets are ready and tested:

Linux - Windows - Osx

Social Media

Smilecoin on Twitter: http://twitter.com/smilecointeam

What Next

We will keep updating this post.

We welcome your feedback!

Best Regards

Smilecoin Team