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Symbol: CDA
Launch: Monday, May 12 at
The first Proof of Stake countrycoin for Canada includes an Aurora style Airdrop of 147 coins (for up to 5 million Canadians aged 13+) on July 1, Canada Day. That is one coin for each year that Canada has been a country.
The coins pays 15% in year one, with interest (minimum stake time) paid approximately every 6 hours! This can become for the average Canadian a high interest account with capital appreciation potential, as well as a useful, secure peer to peer currency.
We are committed to build Canada's leading alt-coin, and help bring the new digital economy to the Canadian masses. Unlike some other countrycoins, without a plan, our four stage airdrop is designed to build initial merchant buy-in and social support prior to the Canada Day AirDrop.
We have set aside bounty to grow our service offerings and apps that will make CanadaCoin easy to use in daily life. We are also endeavoring to recruit a dedicated and trustworthy Board of Governors who share our passion, to turn CanadaCoin into a legitimate community driven organization, and maintain compliance with newly emerging Canadian regulations.
Though I am quite new to this forum, I have been active in the complementary currency field for the past 5 years in Canada. You can read more about me on the website FAQ. My other forum handle and twitter handle is humaniterrian. We are looking for additional developers and bounty hunters, as well as those (especially Canadians) willing to join our Board of Governors so that we can transition to a "community foundation" as soon as possible, with multiple parties holding keys to the funds.
I can understand that there is a usual (and healthy) skepticism when new alt-coins are released, and especially those with a premine, or that don't introduce new technology. Our intention is not to reinvent the wheel, but rather build on the shoulders of past experiments in this space to deploy a well used and genuinely useful currency, which is supported by a broad base of Canadians and merchants alike. Endless tech innovation may appeal to some, but the average person has still not heard about or used Bitcoin. Zero premine coins may appeal miners with big rigs, but leave the project devoid of resources (and begging) to properly promote and implement. If crypto-currency is going to be successful then it has to move into the mainstream to grow the adoption and marketshare for everyone. We believe that Canada is a good country for adoption, with a tech savvy population, and (so far) relatively friendly regulatory stance.
Specifications
- Type: hybrid scrypt POW/POS(goes full POS after 90 days)
- Block generation: 15 seconds
- POW Reward: 15 coins (500 blocks of 1 coin for fair launch)
- Difficulty Readjustment: every block.
- Transaction Confirmations: 3 (fast transaction speed)
- Confirmations to Maturity: 50
- POS Rewards: 15% year 1, 12.5% year 2, 10% year 3, 7.5% year 4, 5% year 5, 2.5% year 6 and beyond
- Min Stake Age: 6 hours!
- Max Stake Age: 30 days
- Max total coins est. 3 billion
- Txn Fees: 0.0001 per transaction paid to miners
- Premine: 888 Million Coins
Premine Specs
Summary
- 888 million coin total
- 870 million (98%) for four stage AirDrop funds
- 9 million (1%) for Development & Bounties Fund
- 9 million (1%) for founders and financial contributors (4.5million founders/4.5million contributors)
- 5 million coins total
- Starts on June 1 (or earlier).
- Facebook/Twitter sharing
- 100 million coins total
- Starts on June 1
- North American businesses listed on Google Maps.
- Bonus for Canadian businesses on sliding scale.
- affiliate fees of 15% for signing up new businesses in your community.
- Merchant Sign up Here: 500 Coin bonus for first 50 businesses http://www.canadacoin.org/merchants-signup/
Stage 3: CanadaCoin AirDrop- Canada Day, July 1, 2014
- 147 Coins each for up to 5 million Canadians aged 13+
- 735 million coins total
- 10 months to claim
- Community will vote on unclaimed coins (destroy, annual dividend, disperse, donate to the Cause Fund etc)
- Canada Day, July 1, 2014
- Early Sign up Form here: http://www.canadacoin.org/canada-day-airdrop-signup/
Stage 4: Canadian Causes- 30 million coin total
- Starts August 1
- A new cause selected by CanadaCoin community each week will gain 5% of the amount spent through merchants in the network.
Website
http://www.canadacoin.org
Social Media
twitter: https://twitter.com/canadacoin147
facebook: http://www.facebook.com/canadacoin147
Wallets
Windows https://www.dropbox.com/s/7az4ztelu1y8qvo/CanadaCoinWallet.zip
Mac OSXhttps://www.dropbox.com/s/s4ap6kwupeqlodv/CanadaCoin-Qt-MacOSX-v1.5-RC2.zip
Paper Wallethttp://paperwallet.canadacoin.net/
Source code:
Now here: https://github.com/OfficialCanadaCoin/CanadaCoin
Pools:
1000 coin bounty for reputable pools only
CanadaCoin Official Pool Relaunch Pays 10% Pool Bonus till May 26 http://pool.canadacoin.net/ with IRC Support Chat
CharityMiningPools- donations matched by CanadaCoin Causes Fund https://cda.charityminingpools.com/
LuckyPool http://cda.luckypool.cn/
TerraHashers http://pool.terahashers.com/
CryptExchange https://canadacoin.pool.cryptexchange.org
Exchanges:
https://www.europex.eu/#!coin/btc/cda
https://www.allcrypt.com/market?id=853
Block Explorers:
CryptoBlox Block Explorerhttp://cryptoblox.com/chain/CanadaCoin
Block Crawlerhttp://188.226.165.184/canadacoin/block_crawler.php
Faucets:
CryptoBlox Block Explorerhttp://coinok.pw/faucet/cda/
Bounties
Paid from 9M Development FundMac OSX Wallet: 1,000thanks instacash!Custom Paper Wallet Generator on CanadaFlag:10,000thanks icessBlock Chain Explorer: 2,500thanks Murkster and CryptoBlox- Mining Pools:1000
Canadian French Language Translation for website for use with WPML (all pages, menus, admin messages): 15,000- Smart phone app Android : 250,000
- HTML 5 Wallet (like Coinpunk): 250,000
- Browser based wallet (like Blockchain.info) : 250,000
- Merchant App like Coinbase: 250,000
- 30 million coin total
- NEW: Add Reserve Balance feature to Windows QT wallet (like BlackCoin): 150,000
Other questions? Read our Site FAQ .[/list]
