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NEW THREAD= https://bitcointalk.org/index.php?topic=983694.new#new
**** READ THIS POST FOR UPDATED COIN SWAP INFORMATION ****
Ok, just talked to richie. He's cool with the block 10,000 cutoff instead
SO - Clients will continue to work until block 16,000, but Github is updated to reflect the block 10k shutoff. This will, for all exchanges that have compiled Version 1.1.3 (not needed for user clients) FREEZE ON BLOCK 10,000 AND BALANCE SNAPSHOTS WILL BE TAKEN AT THIS TIME. IF YOU MISS IT, YOU LOSE YOUR COINS FOREVER
Please make sure all coins are on Bittrex by block 10,000 - This will hit either tomorrow or Saturday, most likely
PLEASE ASK ANY QUESTIONS IF YOU HAVE THEM; DO NOT WAIT UNTIL IT'S TOO LATE, THERE WILL BE NO MANUAL SWAP AFTER THE DEADLINE
Users on Version 1.1.2 will notice their clients work until block 16,000, but anything after block 10,000 will be ignored
**** READ THIS POST FOR UPDATED COIN SWAP INFORMATION ****
This is ECASH Version 1.1.2
YOU MUST UPDATE PRIOR TO BLOCK 7000
YOU MUST UPDATE PRIOR TO BLOCK 7000
The client posted yesterday will work until block 7000. If you are using the Windows client from yesterday, you must update to this version
If you have compiled from my github yesterday evening or today, you are already good, but please ensure you are on Version 1.1.2
This will be the final update on this chain. The next update will be a fresh wallet on a fresh (my base; working) blockchain that will stake properly from the beginning
THIS POST IS IMPORTANT - PLEASE READ
At block 16,000, the network will halt. At this point, there will be a snapshot of all balances on Bittrex. Any coins not there to be swapped will be lost forever. When we swap to the new chain, the first block mined will be worth the current moneysupply minus the 40,000 premine. Any balances not on Bittrex will be put into an address controlled entirely by me. Yes, that's right. If you don't swap your coins, they become mine. My balance is currently 0, and ideally it will remain that way after the swap because I seriously hope everyone is paying attention and gets in on time
If you miss the swap, I will not do it manually after the snapshot. You have plenty of time to get them there. Any funds not swapped will become mine and will be used to further my plan for this coin or assist any community efforts that I deem worthy of funding. My standards are high, so your work quality should be, too, if you want my help for promotions. If you want to contribute to this fund, simply leave the amount you wish to deposit in your wallet and do not trade them in for the swap. Any amount will be accepted, but nothing is expected. All coins on Bittrex will be swapped to the new chain after block 16,000. Any coins left in wallets will be added to the development fund and used as I deem fit
Sorry if this comes off abrasive, I don't intend it that way, I am just anxious to get to a chain that I know will stake and work properly from the beginning. If ocminer wants to post an address, feel free to send him some; he helped a lot today getting the pool back up right away to get this chain moving again
Quoting this because people are not reading the giant red letters
E-money plans to bring real world applications to the Altcoin Cryptocurrency sphere by adopting an online advertising based business model. This system will allow users from all over the world to promote goods and services, and be paid in E-money coins. This will be accomplished through an online portal that advertisers use to create campaigns, decide how much they are willing to pay advertisers (you) per click, or sale generated. End users will choose which campaign they would like to advertise through the "Campaigns" tab in the wallet, see which is the best paying, or most interesting, and generated an embedded link with their referral ID. End users will then use this link in their forum signatures, websites, e-mail signatures, Facebook, or even Google Adwords if the promotion is profitable enough. This will bring a global reach far beyond the typical realm of Bitcointalk, and allow everyone to make money just doing what they already do - word of mouth advertising online.
There will be a 1.0% (approximate) premine which will be used to fund the first campaign, this will allow us to beta test the model and buy time to find advertisers. We absolutely must find an escrow service for this premine, so please get in contact if you have suggestions on who we may approach with this. In 3 weeks time, we hope to do the first beta-run of the advertising campaign, and we will ask the escrow service to move the premined coins to the central advertising portal. If you are an exchange looking to list this coin, please wait until the premine is held in escrow. If you would like to provide the escrow service for us, please get in touch before listing the coin.
At this time, we will also end the 8% daily Proof-of-Stake rewards system and fork the coin to 8% annual. This will allow for individuals who simply do not own mining hardware to purchase coins and keep up with the aggressive Proof-of-Work period. At this point, individuals who own businesses may decide to use these coins to fund their own advertising campaigns.
There will be a 1.0% (approximate) premine which will be used to fund the first campaign, this will allow us to beta test the model and buy time to find advertisers. We absolutely must find an escrow service for this premine, so please get in contact if you have suggestions on who we may approach with this. In 3 weeks time, we hope to do the first beta-run of the advertising campaign, and we will ask the escrow service to move the premined coins to the central advertising portal. If you are an exchange looking to list this coin, please wait until the premine is held in escrow. If you would like to provide the escrow service for us, please get in touch before listing the coin.
At this time, we will also end the 8% daily Proof-of-Stake rewards system and fork the coin to 8% annual. This will allow for individuals who simply do not own mining hardware to purchase coins and keep up with the aggressive Proof-of-Work period. At this point, individuals who own businesses may decide to use these coins to fund their own advertising campaigns.
- Algorithm - SHA256
- Premine 1% Of Total PoW Blocks (40k Coins, approx 1% due to POS) Escrow Needed
- POS Maturity - 24 hours
- Block Target - 1 minute
- 120 Blocks for Maturity
- Block 1 - Premine 40k Escrow Needed
- Blocks 2 - 1440 = 750 (1.08mil)
- Blocks 1441-2880 = 600 (864k)
- Blocks 2881-4320 = 500 (720k)
- Blocks 4321-5760 = 400 (576k)
- Blocks 5761-7200 = 300 (432k)
- Blocks 7201-12000 = 250 (1.2mil)
Approximately 8-9 Days PoW due to PoS starting within 24 hours. Total coins at end of PoW phase might be 3-5 million.
Whoever is chosen as escrow, must back up the wallet.dat, and prove they are staking the coins. Payment for this service will be 5% of the total coins after 3 weeks of staking.
Whoever is chosen as escrow, must back up the wallet.dat, and prove they are staking the coins. Payment for this service will be 5% of the total coins after 3 weeks of staking.
https://bittrex.com/Market/Index?MarketName=BTC-ECASH and https://c-cex.com/?p=ecash-btc
TODO:
- Find Escrow For 1% Premine
- Block Explorer / Code Review / Mac wallet
- Website / Twitter
- Find Exchanges (ESCROW FIRST)
- Finish Advertising Portal
- Fork PoS from 8% Daily to 8% Annually
- Test First Campaign With Premine
- Find Avertisers For Future Campaigns
With that being said, here is 1.1.1
YOU MUST UPDATE IMMEDIATELY
YOU MUST UPDATE IMMEDIATELY
Mining is now active. You will need to mine for no reward and work together if you want your coins to move. Play nice
THANK U
MINING POOLS:
UNOFFICIAL IRC:
https://kiwiirc.com/client/irc.freenode.net/#E-money
irc.freenode.net #e-money
irc.freenode.net #e-money
