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Author Topic: [ANN] [CPC] Capricoin - The Peoples Coin  (Read 37387 times)
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July 20, 2015, 10:31:49 PM
 #1

Announcing Capricoin : The Peoples Coin


About Capricoin:
Capricoin is a next generation X11: 1 Block POW (Proof of Work) and then full POS (Proof of Stake) coin which is designed for large volumes of transactions. Having confirmation speeds up to 75 percent faster than Bitcoin, it is easy to see why Capricoin will be the choice for mainstream adoption and use.
Bitcoin has proven that the world wants Crypto Currencies. However it has many inherent flaws. Let’s look at these flaws and how Capricoin is designed to address the issues.

Mining:
Mining is a wonderful way to create value for a coin however it is a double edged sword. On one hand someone spent money mining the coin but they more often than not have no real interest in the coin itself beyond creating and selling it. Their interest stops at making a profit from the mining therefore they almost immediately sell the mined coins. Bitcoin has to be used as a true financial tool.
However with the ever present volatility with the market merchants will always view it with skepticism.
Capricoin on the other hand creates incentives for adopters by giving the rewards to the people who USE the coin.
Another problem with relying on miners. Which are also required for network or transaction confirmation is when a more profitable coin comes to market to mine? They point their miners towards that one. This leaves much less hash power available for the Bitcoin network to perform its one real task - Confirming transactions. This leads to very slow confirmation times on the network.
In reality it could leave you standing in line for up to 20 minutes or MORE before the merchant sees you have even tried to pay with Bitcoin. Capricoin on the other hand moves the burden away from the fickle miners to the actual coin users, by distributing the task to local Capricoin wallets.
Over time this creates a much larger and faster network when compared to the ever reducing performance with miners. This in turn leads to real time transactions for real world adoption.

Centralization:
Over recent years, bitcoin has become MUCH more difficult to mine. Currently most hobbyist miners mining Bitcoin have all but stopped or shut down their rigs. This leaves only large pool miners and even larger private mining operations with the task of supporting the entire network. As this difficulty continues, Bitcoin could see a time when there not tens of thousands of individuals keeping the network running, rather only a handful of mega mining operations controlling the network.
This is leading to centralization, which basically defeats the objective of  a decentralized coin. The point of Bitcoin was to be owned by the people. It is difficult to support that claim when a select powerful few control it.
The Proof of Stake principles in Capricoin does just that it returns that power back to the people once again. It rewards people who actually OWN Capricoin and use Capricoin. Every time an individual opens a new local wallet? The network grows and becomes much more DECENTRALIZED. Capricoin is designed for mainstream adoption.

Cost of the network:
The Bitcoin network is very expensive to maintain. Currently there are 25 Bitcoins created every 10 minutes. Doing some quick math. One will find at he current price of $275.00 the one year price to pay miners is over 360 MILLION dollars! This is a huge overhead to keep the network running. Unless there is new adoption it often leads to a drop in price. What happens when the Bitcoin block rewards reduce. Meaning the miners are not able to make us much money as they need to pay for everything. One of 2 things. First is they may stop mining. We saw this to a degree in the spring of 2015 when Bitcoin fell below $200.00. Many miners simply stopped. The result of this were even slower confirmation times. What happens when it gets so bad miners in mass stop mining? To keep the network alive? Bitcoin will probably have to enable larger fees. Some speculate that they could be over .50 cents USD per transaction. This isn't much if your sending several thousand dollars abroad. But what if it was attached to your Ice Cream Cone purchase. Or soda at the local quick mart. It is unacceptable. Because the Capricoin network does not employ miners? It will never face such an issue. Long term? Capricoin makes even more sense. The network grows at little to no cost. As it grows it gets even faster.

Who is behind it?
This is one of the best questions to ask – since many never do. So many coins are created with either no clear direction or financial resources to bring it to market.
This is why Topsites is standing behind the project. Topsites has been a recognised leader in Marketing software industry for over 15 years; with offices in Manchester, England and Riga, Latvia.
The company has a allocated a dedicated team focussed on the long term success of Capricoin. They also have the real world business connections to bring this vision to life.
Currently, the company is putting together a Marketing Plan to develop the existing merchants relationships to bring real world adoption of Capricoin.
http://topsites.co.uk/.

Capricoin Specification
Ticker: CPC
Algo: X11 (1 Block POW/POS Hybrid)
Block Time: 60 seconds
Confirmations on Transactions: 6
Premine: 200 Million
Total supply: 208 Million (After 24 years)
POS staking rewards: Currently 2% Annually, Reducing over time.
RPC: 22713
P2P: 22714

Distribution

Capricoin featured on videos:
https://www.youtube.com/watch?v=cFPrICXM18Y
https://www.youtube.com/watch?v=V1uDWxQYPB4
https://www.youtube.com/watch?v=g1cDpQ0dL8I
https://www.youtube.com/watch?v=lQspZnYOjNc
https://www.youtube.com/watch?v=fPMjoz7DpxE
https://www.youtube.com/watch?v=n5SNP1LAEGc
https://www.youtube.com/watch?v=JVb3Ns_wd8g
https://www.youtube.com/watch?v=sxouVy4mUCM
https://www.youtube.com/watch?v=XcyAwsGgnbQ
https://www.youtube.com/watch?v=5Bmycr5bv3Y
https://www.youtube.com/watch?v=kMuAxolcx08
https://www.youtube.com/watch?v=oi1-E9MA0nA
https://www.youtube.com/watch?v=QKqhYmEAcs0
https://www.youtube.com/watch?v=fodCOmyU-Xo

Coin Supply
YEAR PERCENTAGE Coins Added
1 2.00000% 4,000,000 CPC Added
2 1.00000% 2,000,000 CPC Added
3 0.50000% 1,000,000 CPC Added
4 0.25000% 500,000 CPC Added
5 0.12500% 250,000 CPC Added
6 0.06250% 125,000 CPC Added
7 0.03125% 62,500 CPC Added
8 0.01563% 31,250 CPC Added
9 0.00781% 15,625 CPC Added
10 0.00391% 7,813 CPC Added
11 0.00195% 3,906 CPC Added
12 0.00098% 1,953 CPC Added
13 0.00049% 977 CPC Added
14 0.00024% 488 CPC Added
15 0.00012% 244 CPC Added
16 0.00006% 122 CPC Added
17 0.00003% 61 CPC Added
18 0.00002% 31 CPC Added
19 0.00001% 15 CPC Added
20 0.00000% 8 CPC Added
21 0.00000% 4 CPC Added
22 0.00000% 2 CPC Added
23 0.00000% 1 CPC Added
24 0.00000% 1 CPC Added

CapriCoin.conf
server=1
daemon=1
listen=1
maxconnections=1024
rpcuser=user
rpcpassword=pass
rpcport=22713

Website: Capricoin.org
Github: https://github.com/Capricoinofficial/CapriCoin
Block Explorer: https://chainz.cryptoid.info/cpc/
Windows Wallet: https://github.com/Capricoinofficial/Capricoin/releases/download/1.0.1/Capricoin-Qt. exe
Mac wallet: https://github.com/Capricoinofficial/Capricoin/releases/download/1.0.1/Capricoin-Qt.dmg
Linux wallet: https://github.com/Capricoinofficial/Capricoin/releases/download/1.0.1/Capricoin-Qt
Paper wallet: https://github.com/Capricoinofficial/paper-wallet/
Capricoin webwallet: https://www.capricoinwallet.com/
Capricoin marketplace: http://capricoinmerchants.com/
Exchanges: https://www.bittrex.com/Market/Index?MarketName=BTC-CPC and https://bleutrade.com/exchange/CPC/BTC
Worldcoinindex: http://www.worldcoinindex.com/coin/capricoin
Coinmarketcap: http://coinmarketcap.com/currencies/capricoin/
Twitter: https://twitter.com/Capricoin_Team
Coming soon: Ios wallet
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kevin1234a
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July 20, 2015, 10:33:12 PM
 #2

x11 algo w need pool pls

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July 20, 2015, 10:33:23 PM
 #3

x11 algo w need pool pls

POS only...

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July 20, 2015, 10:33:41 PM
 #4

12498 block?
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July 20, 2015, 10:34:42 PM
 #5

x11 algo w need pool pls

I don't think so it was mined for 2 weeks already. No go
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July 20, 2015, 10:35:29 PM
 #6

x11 algo w need pool pls

POS only...

my bad missed full POS only and rushed to align miners Smiley

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July 20, 2015, 10:36:20 PM
 #7

x11 algo w need pool pls

POS only...

my bad missed full POS only and rushed to align miners Smiley

;-)

https://github.com/Capricoinofficial/CapriCoin/blob/master/src/main.h#L30

But unsure why they reannounced the thread.. Hopefully no Trojan or so in Win Wallet

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July 21, 2015, 08:06:11 AM
 #8

Block explorer up to block 13142?

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July 25, 2015, 04:36:42 PM
 #9

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

capricoin https://bitcointalk.org/index.php?topic=1129322.0

Code Quality Grade: B
This coin has no serious problems, may have some minor network problems, and/or various other minor security issues.

Heritage:

Problems:

* MINOR: Alert key has not been changed
** This could allow for the developer of the coin whcih this was forked from to broadcast a malicious network alert
** If the intention is to disable the alert system, the alert key should be set to "0"
* MODERATE: PoS sync checkpoint server is not running and/or sync checkpoint does not have a valid/changed key
** PoS coins use sync checkpoints to enhance their network security.
** It is considered somewhat insecure to use a PoS coin without sync checkpoints
* VERY MINOR: Premine not checkpointed
** The premine block should be checkpointed to prevent early miners from stealing it (accidentally, or maliciously)

Notes:

Watermarks: uint64_t, pos, drm-like

Interested in getting a coin reviewed?
Find more details about Earlz's reviews at http://earlz.net/static/reviews.html

This coin review is PGP signed. You can verify this signature at https://keybase.io/earlz
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Version: Keybase OpenPGP v2.0.20
Comment: https://keybase.io/crypto

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Check out my full list of Coin Reviews
Currently working on the Qtum Project
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July 25, 2015, 04:47:49 PM
 #10

https://bittrex.com/Market/Index?MarketName=BTC-CPC

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Altynbekova
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July 25, 2015, 06:08:27 PM
 #11

Launch in bittrex Grin
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July 25, 2015, 06:16:24 PM
 #12

Wow, 2%, that's almost double my bank savings account rate.  Problem is, my bank isn't going away unless there's a total melt down.
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July 26, 2015, 04:15:15 AM
 #13

has anyone checked the premine its a scam 200 million premine 1 million for the Dev team 199 million for "others" in other words for the owners only 208 million possible

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July 26, 2015, 04:12:22 PM
 #14

Lol at "the people's coin" - have you seen trex distribution? top wallet holds 99%+ of Crapricoin.

SHIT, SHIT, AND MORE SHIT.
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August 02, 2015, 08:59:30 AM
 #15

Dont buy this!!! the owners of that coin just want to on bittrex sell thier 200.000 CPC for this (high) price 19.000 sat and thats all!  it is completely unworth coin so Dont lose your btc!!!


DONT BUY it!!!!
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August 08, 2015, 03:00:37 PM
 #16

fake buy
please dont buy tis coin
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August 13, 2015, 05:50:48 AM
 #17

Wait so they already finished mining all of the coin? So they're just selling a useless coin the receive btc then?

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Sphere .
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         OVER 250,000 HAVE JOINED!
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ICO DATE 
Feb. 12, 2018
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Altynbekova
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August 19, 2015, 07:36:21 PM
 #18

death coin
Bird1304
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September 14, 2015, 12:19:42 PM
 #19

Wait so they already finished mining all of the coin? So they're just selling a useless coin the receive btc then?

fake buy
please dont buy tis coin

Lots of misinformation here. I currently participate in the mining process for Capricoin, so I can tell you for 100% certainty that not all of the coins have been mined. Also, can you explain how it is fake? It has legitimate block chain and is listed on two exchanges.

http://coinmarketcap.com/currencies/capricoin/
VTEKS22
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January 15, 2016, 04:40:36 PM
 #20

Alot of Misleading Information about Capricoin , First of all Capricoin hasnt even come close to Mining all of the coins , 2 this is a legit Crypto Currency currently in 3 different public exchanges , this coin is designed to be the next big thing !! currently going up in value in the last 5 months or so , with Merchants coming on board and with many new things coming like our app for the smart phones ect so please do your homework before talking bad about a Crypto Currency 
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