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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [POSTPONED] [XTC] CryptoXTC - X11 |NOIPO |50M |Exponential Rewards | SuperBlocks on: January 30, 2015, 05:45:30 PM
I am not sure where you get your information. But you are absolutely 100% wrong. While I have help on a couple other coins, CryptoXTC was/is the first individual coin I have created.


WARNING! XTC DEV IS A WELL KNOWN SCAMMER!!! BE CAREFUL OF HIDDEN PREMINE!!! HE IS USBCOIN DEV!!!!


2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NOIPO/PRE-ANN] [XTC] CryptoXTC - X11 | 50M | Exponential Rewards | SuperBlocks on: August 14, 2014, 02:21:20 PM
Dev please add our pool to OP

Done and thanks
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NOIPO/PRE-ANN] [XTC] CryptoXTC - X11 | 50M | Exponential Rewards | SuperBlocks on: August 08, 2014, 06:56:51 PM
We have been unable to get connect with a Escrow agent .. as a result we are completely removing the IPO.   Anyone who donated to the IPO will have their donation refunded.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [IPO/PRE-ANN] [XTC] CryptoXTC - X11 | 50M | Exponential Rewards | SuperBlocks on: August 08, 2014, 05:40:53 PM
Superblock, that rewards less than or equal to current reward ? whats Super about that Huh

i would call it a dud block !


Its an additive reward .... so say the the original reward was 30 the added reward could be another 30 ... making the total 60
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [IPO/PRE-ANN] [XTC] CryptoXTC - X11 | 50M | Exponential Rewards | SuperBlocks on: August 07, 2014, 08:16:27 PM
plz escrow by anon136

Yes, anon136 is quite reliable and has a lot of experience with escrow services.


We are contacting him.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [IPO/PRE-ANN] [XTC] CryptoXTC - X11 | 50M | Exponential Rewards | SuperBlocks on: August 07, 2014, 04:23:59 PM
Thanks !

Sent 0.01 for IPO. PMed info. Please let me know when list is added. Thank you!

Google Docs added and updated


If I wish to get more I can until the .5 is reached correct?

Exactly
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [IPO/PRE-ANN] [XTC] CryptoXTC - X11 | 50M | Exponential Rewards | SuperBlocks on: August 07, 2014, 04:09:35 PM
Thanks !

Sent 0.01 for IPO. PMed info. Please let me know when list is added. Thank you!

Google Docs added and updated
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [IPO/PRE-ANN] [XTC] CryptoXTC - X11 | 50M | Exponential Rewards | SuperBlocks on: August 07, 2014, 03:43:11 PM
We were trying to avoid the hassle of escrow over the relatively small amount of BTC.  That said, we are open to the possibility, and open to suggestions for Escrow Services.

Who would you find the most reliable and reputable?
9  Alternate cryptocurrencies / Announcements (Altcoins) / [POSTPONED] [XTC] CryptoXTC - X11 |NOIPO |50M |Exponential Rewards | SuperBlocks on: August 07, 2014, 02:17:15 PM
This launch has been postponed indefinitely





What is CryptoXTC  (XTC)

Why try and be something you are not? There are lots of coins based on hype and on roadmaps that are offering "anonymous“ features, "Tor" and unachievable promises of fancy wallet applications, CryptoXTC is not that coin.

No product is every perfect in it's first release. CryptoXTC (XTC) was designed around the concepts of exponential smooth distribution, fair mining from the start and an understanding that features can be added over time -- its a launching point for other features that add value.  CryptoXTC strives for simplicity  combined with a reward structure that is both reasonable and interesting.

Details
  • Contact: dev@cryptoxtc.com
  • Symbol:   XTC
  • X11 algorithm
  • Usable block times  -- 79 Seconds
  • Exponential Reward strategy
  • Random SuperBlocks
  • Reasonable number of coins   --  50 Million
  • Difficulty Retarget every block via DarkGravityWave  (DGW)
  • 500K XTC Premine to support support bounties, development efforts and coin stability

This combination creates a coin that is functional, interesting and fun


The Exponential Reward Strategy

We have all mined coins that by the time you get connected and all is rolling smooth, difficulty is too high and too tough to make a go at mining. CryptoXTC attempts to address this head on:




First: Allow for DGW to engage
Blocks 2-300:  exponential increase in reward starting at 1 and finishing at 80.  This approach is to avoid instamine and allow the DGW to be fully engaged

Second: Exponential Decay
Blocks 300+ Rewards are based on an exponential decay formula.  That effectively accomplishes block halving without the need for forking or wallet updates and provides a smooth continuous block reward decrease

Third: Random SuperBlock Rewards
Additionally, 5% of all blocks will include random SuperBlock rewards. The SuperBlock rewards are also random values based on the current reward.

For Example – if the current reward is 65, and the block is randomly selected for a SuperBlock reward, the SuperBlock reward could be as high as 65 or as low 1. If its 65 then the toal reward is 130


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