[ANN][CHIP] Chipcoin | Full PoS | Maintained Only | Yobit | Nova

[BanzaiBTC]

Great news! I have come to an agreement with c-cex to host the swap for us! More information coming soon! And a big heads up to c-cex guys! Please trade there some more.. they offer us great support, they deserve some volume!!

[coldfusion]

That's great work . I will move all chips over , and will start trading there instead.

[wildduck]

Well all my chips are on c-cex so lets buy more

[matan]

I also move my btc to c-cex =)

[BanzaiBTC]

More info about the swap this weekend guys! Working out the final things now.. I will also start testing the new code tomorrow 

[Skatebird]

Big wall at 450 :/

[vegasguy]

Hi Banzai. I fully support and trust you, and will invest in chips. As part of the swap will you be lowering the money supply? If so can you give us a range? What is the current money supply?

Vegas

[BanzaiBTC]

Hi Banzai. I fully support and trust you, and will invest in chips. As part of the swap will you be lowering the money supply? If so can you give us a range? What is the current money supply?

Vegas

Thanks for the support Vegas

The current supply is about ~10.3 million - see http://chip.blockpioneers.pw

Imo that is a great amount of coins. And there is no reason to lower it... Unless the community wants to do a 10/1 swap.. Nothing is official yet, things still can be changed.

I am currently building a new source to test, we don't want any problems to rise during the swap etc.

Test source has the currenct specs:

Block 1 - Swap coins
5000 - blocks PoW with 0 reward to keep the chain moving during the swap (Depending on the total swap period, this nr can change)

Stake blocks:
2-5000 - 0.1 CHIP (fair start for everyone)
5001-10000 - 4 CHIP
10001-20000 - 8 CHIP
20001-30000 - 12 CHIP
30001-40000 - 8 CHIP
40001-50000 - 4 CHIP
50001-60000 - 2 CHIP
60001+ - 1 CHIP

Again, nrs can be changed, this is only a test mockup
1 minute blocks, so about 1440 new blocks a day

The extra coins generated with the higher blocks will be about 3% of the current supply, probably less. And it will go back to 1 CHIP per stakeblock, No annual %  


I would like to have a few opinions based on these specs if possible  

Cheers,
Banzai

[BanzaiBTC]

If someone wants to talk with me in private, just add me on skype: blockpioneers@outlook.com

[Woody20285]

I like your plan - the goal is higher prices and accumulation
It accomplishes both. Those that want to move to higher stake levels
will buy and provide liquidity . those holding keep coins off market.

Coding may be a challenge??

[vegasguy]

I would like to see a 10/1 coin swap. 10 Million is too high and hurts the price. I would like to see 1 million coins. Also after DPOS , how about a moderate POS percent 25%, 50%? to keep new investtors coming in and chain moving?

Vegas

[EdgarTheEdge]

Hi Banzai. I fully support and trust you, and will invest in chips. As part of the swap will you be lowering the money supply? If so can you give us a range? What is the current money supply?

Vegas

Thanks for the support Vegas

The current supply is about ~10.3 million - see http://chip.blockpioneers.pw

Imo that is a great amount of coins. And there is no reason to lower it... Unless the community wants to do a 10/1 swap.. Nothing is official yet, things still can be changed.

I am currently building a new source to test, we don't want any problems to rise during the swap etc.

Test source has the currenct specs:

Block 1 - Swap coins
5000 - blocks PoW with 0 reward to keep the chain moving during the swap (Depending on the total swap period, this nr can change)

Stake blocks:
2-5000 - 0.1 CHIP (fair start for everyone)
5001-10000 - 4 CHIP
10001-20000 - 8 CHIP
20001-30000 - 12 CHIP
30001-40000 - 8 CHIP
40001-50000 - 4 CHIP
50001-60000 - 2 CHIP
60001+ - 1 CHIP

Again, nrs can be changed, this is only a test mockup
1 minute blocks, so about 1440 new blocks a day

The extra coins generated with the higher blocks will be about 3% of the current supply, probably less. And it will go back to 1 CHIP per stakeblock, No annual %  


I would like to have a few opinions based on these specs if possible  

Cheers,
Banzai

Still hold CHIP after yesterday's dump, I trust Banzai no need to rush let's make CHIP big together

[matan]

Hi Banzai. I fully support and trust you, and will invest in chips. As part of the swap will you be lowering the money supply? If so can you give us a range? What is the current money supply?

Vegas

Thanks for the support Vegas

The current supply is about ~10.3 million - see http://chip.blockpioneers.pw

Imo that is a great amount of coins. And there is no reason to lower it... Unless the community wants to do a 10/1 swap.. Nothing is official yet, things still can be changed.

I am currently building a new source to test, we don't want any problems to rise during the swap etc.

Test source has the currenct specs:

Block 1 - Swap coins
5000 - blocks PoW with 0 reward to keep the chain moving during the swap (Depending on the total swap period, this nr can change)

Stake blocks:
2-5000 - 0.1 CHIP (fair start for everyone)
5001-10000 - 4 CHIP
10001-20000 - 8 CHIP
20001-30000 - 12 CHIP
30001-40000 - 8 CHIP
40001-50000 - 4 CHIP
50001-60000 - 2 CHIP
60001+ - 1 CHIP

Again, nrs can be changed, this is only a test mockup
1 minute blocks, so about 1440 new blocks a day

The extra coins generated with the higher blocks will be about 3% of the current supply, probably less. And it will go back to 1 CHIP per stakeblock, No annual %  


I would like to have a few opinions based on these specs if possible  

Cheers,
Banzai

i also support you and i am also think not need to do 10/1 swap..

[coldfusion]

Really liking the numbers you put up Banzai . Thumbs up from me.

[BanzaiBTC]

Thanks guys... 



Small update:

New source is doing its job perfectly.. I will make a final version soon.
I'm waiting on a reaction from Yobit. I filled in multiple suport tickets about the upcoming swap etc. Nothing back yet after 9 days (first ticket send)

I don't want to start the swap on c-cex when the yobit market is still open for trading. That will be confusing and we don't want that.
So I need to discuss with Yobit to keep the market closed during the swap and update afterwards when people got their new coins, OR if they want to co operate with the swap (swapping balances from source)

I will keep you updated of course

[EdgarTheEdge]

Thanks for doing such a good job, Yobit must cooperate

[Framauro]

Can i still mine this coin until the swap??

[BanzaiBTC]

Can i still mine this coin until the swap??

You certainly can

Pools are in the OP, or you can solo.. We also have an in-wallet miner-gui for cpu mining..

[Angora]

https://www.virustotal.com/en/file/4937ba40efcf57b04b1ec08fb2929ef4bb56ba5bf0940a24e52b160245e2b1b5/analysis/1446140449/
Not all false

[BanzaiBTC]

https://www.virustotal.com/en/file/4937ba40efcf57b04b1ec08fb2929ef4bb56ba5bf0940a24e52b160245e2b1b5/analysis/1446140449/
Not all false

you new? Thats a warning for the built in miner.. all false positives..  "     "


Sighs...