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oldloco
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July 16, 2017, 03:43:23 PM
Last edit: July 16, 2017, 04:04:18 PM by oldloco |
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I'm not sure if ppl will like the plan that Carboin coin 2.0 will be all "premined" (If I get it right about new carbon 70% old and 30% new that will be sold as ico)
Here's my thoughts
Carbon coin 2.0 ratio - 2 old coins for 1 new coin.
7.7 Billion in calculation already when carbon coin 2.0 comes alive.
10% of existing coins ICO. In this case you will have ~ 6.5 Billion left for future PoSW or whatever you will come with at the end to keep network alive.
770 Millions ICO coins at 0,000001 = 770 BTC, or you can go for 0,0000001 price (77BTC ICO) and it still be more than fair to all old carboin coin users (price wise).
I believe ppl trust in you and is great full for what you doing with coin, however here few things that will give more confidentiality in you guys:
1. Make fixed date for old coin network. I think 12-24 months is enough for ppl to check and change the coin.
2. Declare what you will do with "abandoned" coins as I guarantee there will be many forgotten/lost wallets from old chain.
3. Would be really helpful if dev team will introduce them self, not in these nicknames but in real names. That gives so much trust for all ppl to invest in you guys:)
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delfo2000
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July 16, 2017, 03:46:34 PM |
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The old coins /become/ the new coins, so all that there will be in the end is the market cap of the new coins.
New coins = old coins + ICO coins
Say, we have new coins = 70% exchanged old coins (coins proportionately distributed in existing network)
and
30% new coins issued via ICO tokens
Our Initial Contribution Offering sale will be for ~30% of new circulation, with these tokens including a host of additional benefits. So, we are presenting two ways to access the new Carboncoin blockchain: through the existing network, or through the ICO.
Anyone selling their existing coins now will be reducing their holdings on the new blockchain, which is not in their interests. Anyone looking to enter the new carboncoin market now can do so now, because there are coins available at these levels. This supply should not continue, but presents an opportunity if it does.
The precise numbers will be confirmed on the whitepaper, but we hope this provides some additional clarity.
Dear, this is very nice idea, new and old together was big problem. My opinion ratio 30% is very good, you need funds for new network. |
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Carboncoin Trust (OP)
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July 16, 2017, 04:06:34 PM |
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Thank you for your input @oldloco - important to note that no one in the existing carboncoin network had access to any premine at all - so these coins cannot be said to be premined.
Also, a large aspect of what we are doing is to reduce energy consumption and improve efficiency. Our proposed masternode network will provide this, and care will be taken that it will be profitable to run a masternode. One way of doing this is via the block reward.
Your list is spot on. We are planning to release all of the dates and are finalising them now. The technology we are intending to use gives us a huge amount of flexibility regarding coin distribution and rewards and this will be used to its full benefit.
The dev team have been operating anonymously here, this is to further network security. We will be ensuring that the new blockchain is ahead of any incoming legislation and absolutely compliant, it should be possible therefore to offer details of some of our development community ahead of the ICO dates.
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Carboncoin Trust (OP)
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July 22, 2017, 02:06:44 PM |
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A quick update: The whitepaper is coming along nicely but there have been a few significant decisions which needed to be given enough time. There is perhaps another week of work to do on it before it is finished.
Our intention is to apply our proven custom security feature to the etherium network, providing an energy efficient alternative to existing PoW smart contract platforms, again without compromising on security or functionality.
We are looking to implement consensus decision making as much as possible, as well as reasonable rewards for support/participation.
This time we have applied the technology to solving a problem outside of payments, specifically in the field of Carbon Credits, while still maintaining our functionality as a payment system, and our alignment to conservation and sustainability.
We are aiming to do our pre-crowdsale throughout August and then the actual event for the month of September.
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Mrcheezil
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July 22, 2017, 03:02:59 PM |
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A quick update: The whitepaper is coming along nicely but there have been a few significant decisions which needed to be given enough time. There is perhaps another week of work to do on it before it is finished.
Our intention is to apply our proven custom security feature to the etherium network, providing an energy efficient alternative to existing PoW smart contract platforms, again without compromising on security or functionality.
We are looking to implement consensus decision making as much as possible, as well as reasonable rewards for support/participation.
This time we have applied the technology to solving a problem outside of payments, specifically in the field of Carbon Credits, while still maintaining our functionality as a payment system, and our alignment to conservation and sustainability.
We are aiming to do our pre-crowdsale throughout August and then the actual event for the month of September.
Thanks for the update |
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altcoiner555
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July 22, 2017, 06:25:55 PM |
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No github activity for 3-4 years. Now ICO. Looks like a cash grab.
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Wise84
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July 22, 2017, 07:25:45 PM |
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Thank you for the update. Looking forward to the whitepaper.
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CharlesFrankfurt
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July 22, 2017, 08:42:09 PM |
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No github activity for 3-4 years. Now ICO. Looks like a cash grab.
Let me borrow your syntax for a moment 3 posts on this thread. Poor manners, nothing constructive. Looks like a ________. |
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Carboncoin Trust (OP)
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July 22, 2017, 08:51:01 PM |
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No github activity for 3-4 years. Now ICO. Looks like a cash grab.
Did you read the previous posts? Why would you see github activity on our stable and secure implementation of the bitcoin protocol when we have announced that we are switching to a new protocol? |
Got Carboncoin?? GET CARBONCOIN
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delfo2000
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July 22, 2017, 09:25:54 PM |
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A quick update: The whitepaper is coming along nicely but there have been a few significant decisions which needed to be given enough time. There is perhaps another week of work to do on it before it is finished.
Our intention is to apply our proven custom security feature to the etherium network, providing an energy efficient alternative to existing PoW smart contract platforms, again without compromising on security or functionality.
We are looking to implement consensus decision making as much as possible, as well as reasonable rewards for support/participation.
This time we have applied the technology to solving a problem outside of payments, specifically in the field of Carbon Credits, while still maintaining our functionality as a payment system, and our alignment to conservation and sustainability.
We are aiming to do our pre-crowdsale throughout August and then the actual event for the month of September.
Dear, thx for update, but I ask you confirm: 1) there will be ICO in august 2) new coin (30%) + old coin (70%) = supply (15,391,969,709) 3) switching new protocol ETH in september Regards |
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Carboncoin Trust (OP)
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July 22, 2017, 10:35:14 PM
Last edit: July 22, 2017, 10:58:59 PM by Carboncoin Trust |
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Dear,
thx for update, but I ask you confirm:
1) there will be ICO in august
2) new coin (30%) + old coin (70%) = supply (15,391,969,709)
3) switching new protocol ETH in september
Regards
Presale: August Crowdsale: September The new network will be completed as soon as possible after completion of the crowd sale. We hope to have the swap out well underway by the end of the year. Our provisional exchange rate 1.4 : 1 which is approximately 70% old to 30% new. Total circulation is 16 Billion coins. All leftover coins will be added to block rewards or otherwise distributed as rewards by smart contract. We will be completely transparent in carrying out this task, and it is intended that most of the decision making will be made by consensus of the masternode network. |
Got Carboncoin?? GET CARBONCOIN
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oldloco
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July 25, 2017, 01:13:20 PM |
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Dear,
thx for update, but I ask you confirm:
1) there will be ICO in august
2) new coin (30%) + old coin (70%) = supply (15,391,969,709)
3) switching new protocol ETH in september
Regards
Presale: August Crowdsale: September The new network will be completed as soon as possible after completion of the crowd sale. We hope to have the swap out well underway by the end of the year. Our provisional exchange rate 1.4 : 1 which is approximately 70% old to 30% new. Total circulation is 16 Billion coins. All leftover coins will be added to block rewards or otherwise distributed as rewards by smart contract. We will be completely transparent in carrying out this task, and it is intended that most of the decision making will be made by consensus of the masternode network. What would be total ICO amount? |
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Carboncoin Trust (OP)
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July 25, 2017, 02:08:45 PM |
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Do you mean total coins offered or the amount we are looking to raise?
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delfo2000
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July 25, 2017, 03:16:48 PM |
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A quick update: The whitepaper is coming along nicely but there have been a few significant decisions which needed to be given enough time. There is perhaps another week of work to do on it before it is finished.
Our intention is to apply our proven custom security feature to the etherium network, providing an energy efficient alternative to existing PoW smart contract platforms, again without compromising on security or functionality.
We are looking to implement consensus decision making as much as possible, as well as reasonable rewards for support/participation.
This time we have applied the technology to solving a problem outside of payments, specifically in the field of Carbon Credits, while still maintaining our functionality as a payment system, and our alignment to conservation and sustainability.
We are aiming to do our pre-crowdsale throughout August and then the actual event for the month of September.
Dear, I'm waiting whitepaper, but can you tell me about how do you want use "Carbon Credit". I read this article: https://www.theguardian.com/environment/2015/aug/24/kyoto-protocols-carbon-credit-scheme-increased-emissions-by-600m-tonnes |
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Carboncoin Trust (OP)
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July 25, 2017, 03:59:13 PM |
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Those people should be punished for what they did. There are many flaws in the system defined in the Kyoto Protocol, and many can be identified as obviously leading the system to failure. These flaws represent much of the reason why our environmental donations wallet is mandated to plant biodiverse forest, not deal in carbon credits.
However, our continued research over the past years has revealed many good people in the sector doing things which are worthy of funding, and we want to help them. We have also identified many barriers to entry in the existing system, which our system will remove. All this will be made clear in the whitepaper.
Carboncoin is about making money flow to people who do good things for the environment. - 1
Carboncoin is not about taxing large corporations, or giving large polluters and excuse to continue. - 2
Our new functionality is going to make us much, much more effective at 1 - and we're quite excited about it.
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altcoiner555
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July 25, 2017, 04:27:14 PM |
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I posted info about previous ICO where dev was selling coins for cash on website. Dev deleted my comment. Delete again and I will start thread warning others.
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oldloco
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July 25, 2017, 04:44:31 PM |
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Do you mean total coins offered or the amount we are looking to raise?
Coins  |
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oldloco
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July 25, 2017, 04:47:12 PM |
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I posted info about previous ICO where dev was selling coins for cash on website. Dev deleted my comment. Delete again and I will start thread warning others.
Care to share more about it? |
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delfo2000
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July 25, 2017, 05:06:19 PM |
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Those people should be punished for what they did. There are many flaws in the system defined in the Kyoto Protocol, and many can be identified as obviously leading the system to failure. These flaws represent much of the reason why our environmental donations wallet is mandated to plant biodiverse forest, not deal in carbon credits.
However, our continued research over the past years has revealed many good people in the sector doing things which are worthy of funding, and we want to help them. We have also identified many barriers to entry in the existing system, which our system will remove. All this will be made clear in the whitepaper.
Carboncoin is about making money flow to people who do good things for the environment. - 1
Carboncoin is not about taxing large corporations, or giving large polluters and excuse to continue. - 2
Our new functionality is going to make us much, much more effective at 1 - and we're quite excited about it.
Dear, very nice. I hope you will be very honest and trasparent because people will give you money for charitable projects. Regards |
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Carboncoin Trust (OP)
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July 25, 2017, 05:42:41 PM |
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Our mandate has been to ensure coins are available to the public throughout this project. We have kept to it.
We are taking the network we have built since our genesis block forward into our application of new technology. This is something we are doing because we care about the members of our network.
We are raising money in good faith to deliver our new endeavour to meet our specification, and have the greatest possible chance of meeting our environmental objectives.
Trolling is not acceptable. Trolling posts will be deleted.
Slanderous comments and unfounded accusations posted in an attempt to devalue what we have set out to do, and how far we have come to date (like the deleted comment to which altcoiner refers), will be regarded as trolling and deleted as such.
Our network continues to operate securely. Everyone who has acquired coins, still has them and can still transfer them, or sell them on exchange for more than they purchased them for.
@altcoiner555 Not a characteristic of most scams that is it? Moreover the charity coins are still intact, despite there being over 1BTC in the bid on exchange for the majority of the last 2 years. This project is about something much bigger than whatever accusations you are making.
Now, if you have nothing nice to say then kindly move on. If you say anything else slanderous you will be deleted into the future.
We have operated honestly throughout the project and this is not going to change, if you want to try to pick holes then all you are doing is wasting everyone's time.
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