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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][HC] HonorCoin | old fasion scrypt | PoW / PoS | launch next week on: May 25, 2014, 08:44:39 AM
Quote from: quasimodo on May 25, 2014, 07:50:03 AM
Quote from: gerdab on May 25, 2014, 12:52:37 AM
why free giveaway? to dump price! just reduce the premine to 1,5% no need for free giveaway.

100% agree

I don't think its time for a old fashioned coin. No inovation, no news, no future. Giveaway for dumping.

So you think in general free giveaways are bad?
Sure, we still can change the sourcecode and lower the premine to 1.5% without a free giveaway, just bounties.
Please tell me what you think, we want to create a coin where the community can in some kind "form" the coin in the early beginning (before the release).
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][HC] HonorCoin | old fasion scrypt | PoW / PoS | launch next week on: May 25, 2014, 01:04:56 AM
Quote from: gerdab on May 25, 2014, 12:52:37 AM
why free giveaway? to dump price! just reduce the premine to 1,5% no need for free giveaway.

Because we think free giveaways are nice for getting more people in to mineing.
Compared to the 24 Mio coins on the PoW phase the 370k are 1.5% and not to much we think.
If people dont claim the giveaway we will add them to the bounty/development amount.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][HC] HonorCoin | old fasion scrypt | launch next week on: May 25, 2014, 12:32:45 AM
Quote from: kipo on May 25, 2014, 12:18:39 AM
am i the first one here? Smiley

Yes you are the first Cheesy
4  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][HC] HonorCoin | old fashion scrypt | PoW / PoS | launch next week on: May 25, 2014, 12:15:50 AM
HonorCoin - HC
launch next week.



better logo is comming

Specifications
Algorithm: Scrypt
Total coins: 37.000.000
Total coins PoW: 24.000.000
Total coins PoS:  13.000.000
Proof of Stake Reward:

0.1% anual after 10 years for keeping the network alive
Block Time:  42 seconds
Coin Maturity: getting figured out yet blocks
Min Coin Age: 6 hours
Coin Age Maturity: no maximum age  Smiley
Min Tx Fee: 0.0001 HC


Block Rewards
first 100 blocks (anti instamine): 133.7 HC
101-end of POW: 1337 HC
aprox. time until PoS ends: 8.5 days



Premine: 3.08 %
we will use the premine for:
370.000 coins of free giveaway
370.000 coins for bounties, development, ...

Wallets on launch
Homepage on launch

Exchange
to come...




    Explorer : to come


    Pools Always honor the pools.
    1. Pool
    http://HC.pool.mn (0% fee, thanks rubberpool and vanish9)

    P2Pool
    to come...

    to do:

    Chinese translation
    Russian translation
    Polish translation
    French translation
    German translation
    Greece translation

    And remember:
    Honor your coins,
    honor the pools,
    honor your miners,
    honor your time.
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