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Author Topic: [ANN][COVEN]|33k.7 Supply|HexNode|StealthMsging|Multisig|SmartX|IoT|I2P|TOR|COV2  (Read 7296 times)
CovenDev (OP)
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June 25, 2015, 07:27:49 PM
Last edit: June 26, 2015, 10:10:08 AM by CovenDev
 #1


*Update*
This is the official thread for Coven coin [COV]; now known as COV2.


Specifications

Algo: SHA256
HiPoS : 1 COV2 ( 0.75 COV2 to Masternodes - 0.25 COV2 to Normal Stakers )
Masternode Requirements: 200 COV2
Stake Min Age: 6 Hrs
Block Maturity: 20 Blocks
Total: 33,700 COV2 premined to be swapped for COV [1:1]



**NEW WALLET**
https://mega.co.nz/#!8R521JLR!g38eA2Hz7KzDK_o1OfYdBS6vYJyWwm-N4PxY74t8yto


Github Source:
https://github.com/covencoin2/coven2


Block Explorer
http://104.238.182.76/


-6/25/2015-
I've contacted Bittrex and Yobit on Twitter ahead of time and requested they freeze the market in order to preform a proper coin swap. If your coins are on Bittrex, rest assured as you don't need to take any course of action.

The codebase has been adjusted to correct staking issues and to allow implementation of roadmap features (today, implementation of Masternodes, and Stealth messaging was done and made available in the new wallet). At Bittrex's request, the coin ticker has been changed to "COV2". Awaiting for Bittrex fee situation (1.5BTC) to be solved so swapping COV on Bittrex is possible. Meanwhile, if your coins aren't on an exchange and would like to redeem COV2 for your old COV (1:1) please forward your alias, your old wallet.dat and a screen-shot of the wallet open (if possible) to CovenDev@mail.com

Features implemented with new wallet from roadmap today : Masternodes / Encrypted Msging / Stealth Txs


Twitter: @CovenCoin
E-mail: (forward your dats/info if your coins are on a local wallet to this e-mail) CovenDev@mail.com
kondiomir
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June 25, 2015, 07:29:23 PM
 #2

Welcome back Dev.


Pls remove all old threads guys. (except original one)

Thanks & looking forward!
samspaces
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June 25, 2015, 07:34:19 PM
 #3

Why would anyone need to send their .dat file...  Lips sealed
CovenDev (OP)
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June 25, 2015, 07:38:28 PM
 #4

Why would anyone need to send their .dat file...  Lips sealed

So new coins can be issued if you have your coins off the exchanges, on a local wallet. 1:1 swap.
locohammerhead
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June 25, 2015, 07:46:11 PM
 #5

So should I just hold the coins I have at the exchange or is there a wallet to download?

CovenDev (OP)
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June 25, 2015, 07:57:21 PM
 #6

So should I just hold the coins I have at the exchange or is there a wallet to download?

If you leave them on the exchange, you won't have to provide any information, the coins will be automatically swapped. If you are planning to withdraw your coins, I would suggest please waiting for the release of the new wallet prior to doing so.
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June 25, 2015, 09:15:41 PM
 #7

So should I just hold the coins I have at the exchange or is there a wallet to download?

If you leave them on the exchange, you won't have to provide any information, the coins will be automatically swapped. If you are planning to withdraw your coins, I would suggest please waiting for the release of the new wallet prior to doing so.


Good Luck.  This looks like more of the same though.  You know, when you abandoned the coin and the investors.  Later.
watsdadeal
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June 25, 2015, 10:36:20 PM
 #8

Looks like dev has still some coins to dump. Let us see how well the circus goes this time.
mmm01
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June 25, 2015, 10:50:56 PM
 #9

Is it safe to assume this will be the main thread for updated information?
CovenDev (OP)
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June 25, 2015, 10:54:27 PM
 #10

A preview of the new wallet; should be finished,functioning, and uploaded within ~2 hours.

https://i.imgur.com/O2NcoXO.jpg
Anonyme
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June 25, 2015, 10:58:49 PM
 #11

f*ck,, dev drunk again  i lost btc since you gone and lock  the thread
watsdadeal
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June 25, 2015, 11:03:25 PM
 #12

f*ck,, dev drunk again  i lost btc since you gone and lock  the thread


yeah Dev's another relative is going to die, he need money again to do drugs and for hookers. Coming again shameless asshole dev.
kondiomir
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June 25, 2015, 11:05:06 PM
 #13

Buy now to return your loss Wink





A preview of the new wallet; should be finished,functioning, and uploaded within ~2 hours.




I see great stuff is coming! Respect for returning dev!
iqlimasyadiqa
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June 25, 2015, 11:16:00 PM
 #14

Basically this coin just for Joke , another Joke takeover for Bagholder  not special for me , nothing and never until end the world

remember devshit say bla bla bla , and now he return , and this shit
and now someone Takeovershit . I think Covendev and someone "takeover" same account  Cool
dont play in this . save your time for real crypro  Cool

Good Luck takeovershit
CovenDev (OP)
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June 26, 2015, 12:24:47 AM
 #15

In order to swap the current COV codebase supply with the new codebase which fixes PoS/allows implementation of roadmap features, a fee of 1.5 BTC must be paid to Bittrex in order for successful swap compliance.

https://i.imgur.com/ZQvFhLL.png

BTC address for Bittrex swap processing: 151MhXwYdZiTxNJRrTvNe7bYiiQ2gpeuRA

CovenDev (OP)
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June 26, 2015, 02:26:32 AM
 #16

-update
New wallet released (in OP)
2 of the roadmap features have been implemented
will bring a block explorer online shortly
thx
CovenDev (OP)
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June 26, 2015, 06:58:45 AM
 #17

Awaiting to hear back from community, Bittrex, Yobit. If you have coins on a local wallet, and want to swap for COV2 [1:1], please follow directions in OP. Feedback, thoughts, opinions would be greatly appreciated. Also making some noise via social media to Bittrex to edge them into perhaps "lowering" the swap fee.
kondiomir
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June 26, 2015, 09:21:29 AM
 #18

Quote
Masternode Requirements: 200 COV2

Let the masternode requirement higher, maybe 500 COV2. ( IMHO )
CovenDev (OP)
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June 26, 2015, 10:07:54 AM
 #19

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Masternode Requirements: 200 COV2

Let the masternode requirement higher, maybe 500 COV2. ( IMHO )

Hello.
After speaking to Bittrex yesterday about our upcoming swap, they notified me that they held roughly 90% of total volume (meaning 90% of total coins is on thier exchange. If such a high majority of people have their coins on the exchange, they cannot create Masternodes with them[comfortably, unless their a super whale, then sure), so it really becomes a situation where allowing people to keep X amount of coins on the exchange while keeping Y amount of coins devoted to a masternodes ideal. Reaping the benefits of "both worlds", the Masternodes, and the market.  I felt 200 was a firm number for providing incentive for staking coins/participating with Masternodes while [hopefully] providing  peace of mind to the Masternode creator that some amount of their coins are, at their liking, on the exchanges, ready to be liquidated if things go sour.
Thanks for the input; please keep it coming!
Oh, may I ask why you 500? (just curious)

33,700 [total coins] / 200 [Masternode Criteria] = 168~ possible Masternodes
33,700 / 500 = 67 possible Masternodes
wurstgelee
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June 26, 2015, 12:06:50 PM
 #20

In order to swap the current COV codebase supply with the new codebase which fixes PoS/allows implementation of roadmap features, a fee of 1.5 BTC must be paid to Bittrex in order for successful swap compliance.



BTC address for Bittrex swap processing: 151MhXwYdZiTxNJRrTvNe7bYiiQ2gpeuRA



Out of curiosity: Why do you want or have to swap coins? What exactly prevents migration to a new codebase while keeping the current coin/chain?

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