EuropeCoin ERC SPECS - Hashing Algorythm: X11
- 60 seconds block target
- Difficulty retargets every block
- PoW Block Reward:
- 100, 1000, 10000 ERC ascending in the first week;
- 5000 ERC stable the second week.
- PoS variable interests:
- 1st week: 2,5%
- 2nd week: 10%
- 3rd week: 15%
- 4th week and the rest of the 1st year: 5%
- Total coins will be 384'000'000 ERC (384M)
- Total coins available in the PoW phase: 137'632'000 ERC
-
COIN CONTROL FEATURE! Check the FAQ for infos
PREMINE - 1% premine for IPO (
https://bitcointalk.org/index.php?topic=594758.0) bounties, giveaways, development, support and maintenance, new feature developments etc. for a total of 3'840'000 ERC of which
- 75% Used for IPO quotes
- 25% used half and half for airdrop and bounties.
Everything will be public listed.
Specs POW/POS & BLOCK REWARD-First Two Weeks of PoW with quick halving ascending/descending reward. This means that EuropeCoin could be mined directly only in the first two weeks since launch. 20160 Blocks est..
Block Reward: Ascending from 100 to 10000 in the first week than halves to 5000 for the second week!
Better explanation below:
Max PoW height: 20,160 (after this network will enter in PoS phase and no more PoW block will be acceppted)
PoW Period Specifications:- From block 1 to 770 block reward is set to 100 ERC each block to avoid instamine etc.
- From block 771 to 1440 block reward is set up to 1000 ERC.
- From block 1441 to 10080 (end of first week ca.) is set up to 10000 ERC
- From block 10081 to 20160 (the whole second week) block reward is set up to 5000 ERC
At end of PoW stage total coins mined will be 137'632'000 .
After block 20160 PURE PoS Phase will starT.
PoS Period Specifications:ERC adopts a variable PoS rate with the following interest rate: 1. First week of PoS stake interest will 2,5% after 72h of coins maturation age;
2. Second week of PoS stake interest will be of 10% after 72h of coins maturation age;
3. Third week of PoS stake interest will be of 15% after 72h of coins maturation age;
4. From week four PoS stake interested will return to 5% stable for the first year. Then reduces by 1% for the next years.
5. From week four will be available and mineable a dedicated multipool.
IPO FOR STABILIZATION FUNDOfficial Ipo thread here:
https://bitcointalk.org/index.php?topic=594758.0ESCROW FOR IPO: @
btcstoreESCROW BTC ADDRESS:
1MGEj8WkD8voaCmTwLDmYiwmoPG6qxyffCWe know that premine or IPO are too much often, in this last period marked by big scam moves and scandals.
We, as skilled team with back experience, knows that IPO could be the ruin or the savage of a coin: everything stay in how you admin this fund.
We've seen IPO vanished, mega dumps, and too much scam speculation with others people money!
Too much people are sending fund to anonymous devs who just care about rob your coin and run away at the first chance.
We're NOT this kind of person. We're professional in real life, so we're also in cryptos.
We want to estabilish a proper stabilization fund for the health and the growth of EuropeCoin and its users. The IPO will work as a community stakeholders (doesn't care if big or little fish) warranty against mass dumpings and big markets manipulations. Plus a little part of it will be used to gain popularity on major and trustable exchange with paid votes if needed to reach the entering in the market.
How IPO will work:- We have created a public BTC address so anybody can look at transaction made.
- You can apply for IPO in the dedicated IPO THREAD:https://bitcointalk.org/index.php?topic=594758.0
- Investors can buy a quote of ERC for a minimum 0.01 BTC to a max of 0.5 BTC per person.
- Every investor will get a proportional amount of ERC based on their payment. Every detailed info on the IPO THREAD(
https://bitcointalk.org/index.php?topic=594758.0)
- When Stabilizations Funds are used to buy ERC or to avoid big dumps pulling buy support,
ERC bought will be distributed to Fund Investors in a proportional quantity relative to their quote!- Think that we'll be thousand of thousand mining this coin: if everyone of your can contribute with a 0.01 BTC to the stabilization fund we will never see anymore hard crash on markets graphs!
YOU CAN FIND DETAILED INFO ABOUT STABILIZATION FUND IPO AND HOW TO APPLY ON THE DEDICATED THREAD:https://bitcointalk.org/index.php?topic=594758.0
WALLETS AND SOURCESBEFORE the first opening of the qt Wallet ensure create EuropeCoin folder in your %AppData%/Roaming/ and create europecoin.conf file:
server=1
daemon=1
port=2828
rpcuser=yourusername
rpcpassword=yourpassword
rpcallowip=127.0.0.1
rpcport=2000
logtimestamps=1
addnode=162.252.172.72
addnode=37.235.56.57
This is to avoid the first open crash of the wallet(we'll fix this asap after launch). You could however open the wallet for the first time without following this procedure, but this will crash. Then from second start everything will be fine
no password!
Windows-qt :
http://www.mediafire.com/download/idhuqa8n7lf9x0f/europecoin-qt.zipSource Code:
http://www.mediafire.com/download/rr78s3s5y55ymcu/europecoin.tar.gzMac Source: 10.9+ only compilable!
https://mega.co.nz/#!zcAVDTKA!fycIz09iowuJ3p8R8VBHswE4B_b2ODvHmDglT0jGGkY
10.6 to 10.9 compatible:
https://www.dropbox.com/s/v6ki8xb49ddousk/EuropeCoin-Qt-MacOSX-v1.0.zipGITHUB:
https://github.com/EuropeCoinERC/ERC
SERVICES AND MERCHANTShttps://www.cryptonator.com
SOCIAL CHANNELS & CONTACTSPROMO YOUTUBE VIDEO:
http://youtu.be/V9I20YPKX78Director: Ouriel Benaroch
Music: Michaël HarrochExplorer:
http://explorer.europe-coin.com/IRC:
http://webchat.freenode.net/##EuropeCoin Official Dev Team Contacts mail:
europecoinerc@gmail.comOfficial Website:
http://www.europe-coin.com/
Twitter:
https://twitter.com/EuropeCoinERC
Facebook:
https://www.facebook.com/pages/EuropeCoin-ERC/689885431072222Reddit:
Bitcoingarden Forum (For Airdrop and Giveaways):
/forum/index.php?topic=369.0]http://[Suspicious link removed]/forum/index.php?topic=369.0Cryptocointalk Forum:
https://cryptocointalk.com/topic/10774-annerc-europecoin-stabilization-fund-innovative-powpos-system/http://www.cryptoarticles.com/crypto-news/2014/5/14/europecoin-x11-powpos-with-ipo-stabilization-fund
POOLSSPREAD THE HASHRATE !!! CHECK ALL THE POOLS NOT JUST THE FIRST ONES! THEY ARE LISTED RANDOMLY!
EUROPECOIN IS NOW PURE POS, NO ACTIVE MINING UNTIL MULTIPOOL WILL BE OUT.
EXCHANGESBittrex Exchange :
https://bittrex.com/Market/?MarketName=BTC-ERCCoin-Swap:
https://coin-swap.net/market/ERC/BTC " " " :
https://coin-swap.net/market/ERC/DOGEShareXcoin :
https://sharexcoin.com/market/ERC_BTCEuropex:
https://www.europex.eu/#coin/btc/ercCryptoine:
https://cryptoine.com/trade/erc_btcVOTING LIST:
- MINTPAL:
https://www.mintpal.com/voting#ERC - COMKORT:
https://comkort.com/vote#ERC
TranslationsWe need every available different language translation as possible. PM about this!
Main translations required:
- Chinese Translation:
https://bitcointalk.org/index.php?topic=598870.msg6589546#msg6589546- Russian Translation:
https://bitcointalk.org/index.php?topic=603785.msg6660821#msg6660821- Polish Translation:
https://bitcointalk.org/index.php?topic=603999.0- Spanish Translation:
https://bitcointalk.org/index.php?topic=595881.0- German Translation:
https://bitcointalk.org/index.php?topic=597126.0- Greek Translation
- Italian Translation:
- Dutch Translation:
http://thisweekscoin.com/forum/index.php/topic,1299.msg9037.html#msg9037- French Translation:
https://bitcointalk.org/index.php?topic=602069- Korean Translation:
https://bitcointalk.org/index.php?topic=604414.new#new- Romanian Translation:
https://bitcointalk.org/index.php?topic=602262.0
Bounties offered:- Block Explorer: Will be ready at launch, with such many features!
- Website: Will be online soon
- First 6 Pools: 5000 ERC Each
- First shop accepting ERC as method of payments or collaboration: 10000 ERC
- Games (every kind of where you can bet ): 2000 ERC
- Services been paid with ERC: 1000 ERC
- Translations: 1000 ERC each language
- Stats:2000 ERC
- Blog or website post: 1000 ERC each
-
LOGO CONTEST 25'000 ERC!- Set up REDDIT for EuropeCoin: 1500 ERC
AIRDROPNo particulare requirements for Airdrop candidature, unless of having a Btctalkforum account WITH AT LEAST 25 POSTS, created before launch time!
We will make an initial AIRDROP with a simple candidature process:
- Put in your signature our thread link:<< EuropeCoin ERC: an alternative to eur! https://bitcointalk.org/index.php?topic=594797.0 >>
- PM us your ERC address and make a post on this thread where you reclaim the airdrop, in a time from the launch day and the 5th day (5 x 24h from launch time);
- You will receive you AirDrop Coins in a random day from day 6 to day 14 to avoid dumping.
Simply as it should be!
Who's the team?We are strong skilled pros of IT world and computers freaks! We already supported many successful coins with our personal works as external freelancers.
We will ensure a fair, in time launch with no problems, as any of the previous coin that joined our support has done.
We're now entering the world of cryptocurrencies with this strong and forward looking coin's project. Our stake interest rate is projected to avoid dump on the markets and to incentivize Coin Holders & Investors holding their coins and accumulate more, without mass dropping the price as seen for too many coins on the market!
As specified in PoS specs since 4th week of PoS will be operative a dedicated ERC multipool! Better than this!
Our Plans:-* Let the ERC community grow with active PoW mining, giveaways, media coverage and promotion and distinguishing from others coins for our professionality, development and support.
-* Since the start of PoS phase many services will have started to accept ERC as method of payments, thanks to our previous collab with so many developers. We have now so many contacts around that will turn so useful for EuropeCoin!
-* Have a multipool ready and operative for the 4th week of PoS.
-* Reach at least two main and serious exchanges, avoiding those who has been hacked too many times in the past!
-* Improve some great functionalities built in the ERC wallet! We aim to create and to be helped in this also by community a second generation of wallet with many new and innovative features such: real time market exchange rate, visual gui to request network info giving more friendly user interface, without the needing also for less skilled people, of writing codes and commands in the console; personalize your wallet; stick some post it on it and more! Everything with light weight coding design optimized at its best!
-*
Cause we don't aim to scam anyone it needs to be clear that ERC will start with a “standard” wallet, but in the meanwhile our coder researching about coding the second gen wallet: only after fourth week of pos will be realeased the first beta version of the new designed wallet to avoid any hard fork problem and annoyment for the users and all the network in the main profitable phases of the coin. Second gen wallet progress will be updated and screenshot released.-* Being able to make some important charities donations that we aim with our hearth and tat are very useful to everyday's life of the less lucky people! We'll release public the name of organizations that we aim to support with charities donations at launch!
CHARITYAs said in the IPO STABILIZATION FUND specifications each time a bought with fund is made then the 75% ERC coins from that transaction will be shared back through investors. The other 25% will be divided as charity fund for this tasks. When prefixed amount for each charity will be reached then we'll convert the ERC into BTC to be usable for effective charity donation sending.
If we fill at least the 90% of the IPO we'll send in the first week the charity donations of 1 BTC each!
All the donations process will be explained and transparent, with real life referrals to intermediate Person designed between BTC and Fiat value converting.
Our PR are working to be possible donate directly BTC, instead of first converting to FIAT value. We'll update constantly this section.
Charity Program:Help with BTC donations the following organizations/entities:
-
Meyer Children's Hospital:The Meyer Children Hospital (Italian: Ospedale Pediatrico Meyer) is a pediatric hospital located in Florence, Italy.
The hospital is an official member of the European Network of Health Promoting Hospitals of the World Health Organization and the personnel are involved in prevention and health promotion programs for the Regional and National Health Departments
-
Homeless World Cup: The Homeless World Cup is a football tournament organized by the Homeless World Cup organization, a social organization which advocates the end of homelessness through the sport of association football (or soccer). The organization puts together an annual football tournament where teams of homeless people from each country compete. The twelfth edition of the Homeless World Cup annual football tournament will take place in Santiago, Chile in 2014.
-
European Anti Poverty Network (EAPN) : EAPN is an independent network of non-governmental organisations (NGOs) and groups involved in the fight against poverty and social exclusion in the Member States of the European Union.
Mission
- To promote and enhance the effectiveness of actions to eradicate poverty and prevent social exclusion;
- To raise awareness around poverty and social exclusion
- To empower people living in poverty and social exclusion
- To lobby for and with people and groups facing poverty and social exclusion.
EAPN includes the objectives of gender equality and non discrimination in all its areas of work.
FAQWhat is proof of stake? How does it work?Check this link for detailed explanation:
http://www.peercoin.net/mintinghttp://wiki.hobonickels.info/index.php?title=Proof_of_Stakehttps://en.bitcoin.it/wiki/Proof_of_StakeWhat is coin control?Coin Control is a simple function that allows you to use a single wallet and choose which address you want to use to send a transaction.
This means that you don't need multiple wallet to have different sending address!
For more detailed info check:
http://wiki.hobonickels.info/index.php?title=Coin_ControlHow to mint if my wallet is locked?1st way:
go to Help -> Debug window -> Console (tab)
type: walletpassphrase Wallet_Password 9999999 true
see the golden lock at the bottom right, it was unlocked
2nd way:
go to setting->unlock wallet
type your Wallet_Password
see the golden lock at the bottom right, it was unlocked
How can I see coin control? go to Setting->Option
Choose Display tab then check: Display coin control features and hit OK, you will see coin control in Send Coin tab
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