OFFICIAL WHYCOIN THREAD
MISSION STATEMENT
Develop and make available Reading, Writing, Arithmetic and Reasoning programs based upon the Principles established by "The Radix Endeavor" funded by The Massachusetts Institute of Technology and Gates Foundation. The use of computer-based gaming in education is not a new phenomenon. Many educators nostalgically remember green Apple II monitors displaying the games Lemonade Stand and Oregon Trail in the early 1980s. Technology in schools has evolved considerably since then, and gaming has become pervasive within all demographic subgroups. Gaming within education is currently a fragmented value proposition. Education games are inherently engaging to students because they present novel situations and are immersive. The authors argue that video games often do a better job of teaching than decontextualized, skill-and-drill instruction. Students can use educational games to engage in difficult tasks without embarrassment when they fail, and teachers can use educational games to build problem-solving skills and help students see the meaning in their lessons.
It is my personal dream that one day a nine year old girl in deepest Africa can dial in on her cell phone and learn to read and write in her own language...and receive coins for her achievement. Thereby being able to purchase goods and services...and gain economic inclusion in her world.
This project will introduce AltCoins as rewards for achievement that are readily transferrable into fiat. Thereby, giving the student a financial incentive to move forward in the learning process.
Trusted Advisors
In the Bylaws of Why Fund Inc. there is a section setting up a group called "Trusted Advisors", they are allowed to only be identified by their user name (if they wish) and will be a nonvoting group. They may meet and formulate proposed actions by the fund and submit them for consideration.
They will be compensated with whycoins for their efforts.
They will be selected by the Moderators and only by the moderators. Their role is advisory.
The Moderators will have access to coins to dispense to those persons who they deem to have furthered the interests of the coin, or the fund.
WALLET
http://whycoin.info/whycoin.rarSOURCE CODE
http://whycoin.info/WhyCoin-source.tar.gzBLOCK EXPLORER
http://whyexplorer.infernopool.com/REDDIT
https://www.reddit.com/r/whycoin/IRC Channel on freenode #whycoin with a tipbot
COIN SPECS
50 billion coins (100% premine)
8 hours stake age maturity
20% POS
Based on rubycoin
PHASE 1
Why Fund Inc. (a 501 c 3 charitable foundation) is developing a coin (Proof of Knowledge) and I need testers for staking (20%) and transferring. Please download the wallet at
http://HttP://whycoin.info and let me know your address...I will transfer you a bunch of coins for helping me. I damn sure need help...I am doing everything myself at the moment. The fund and the coin will be done by "Crowd Knowledge", The coins will not be sold...they will be given away to those who participate. I will put the bulk of them off line in cold storage, (so they won't stake) and in time trusted advisors will dispurse them. The value of the coins will not be a concern of the fund...it will be a concern of the holders. The fund will view the coins as a method of keeping score by the people who "Prove their Knowledge) or participate in furthering the goals of the fund. The people who donate to the fund will receive coins also.
The big push early on will be to generate enthusiasm and suscribers to whyfund and whycoin on reddit. Anyone who subscribes and agrees to participate will receive coins.
When we get a few wallets going, I will have the block chain started and transfer coins.
Post Mortem: 30 people are the FIRST ADOPTERS of Why[Suspicious link removed]d luck and come to
https://www.reddit.com/r/whycoin/, and help plan for this coin.
Thank you and please keep your wallets open as much as possible...let me know how the staking goes!
This phase is over...but there will be a lot more!
PHASE 2 (running)
https://www.reddit.com/r/whycoin/comments/3o3db0/giveaway_new_members_come_and_get_2000_whycoins/Fellow WhyCoiners,
I'll send 2K WHY to anyone who posts his subscriber nº, WHY address and honestly wants to become involved in the project - there's no markets for it yet, so if you're in for free and fast money you should look elsewhere.
So please download the wallet at whycoin.info and let's fire this baby up! [IMG]
Spread the word, spread the knowledge.
EDIT: The coin just launched and the network is adjusting itself to the sudden influx of nodes, so please give it a little time. [IMG]
EDIT 2: I have to go AFK, but i'll keep sending coins when i get back! [IMG]
Moar coins!
Why Fund Inc. (a 501C3 Nonprofit Educational Institution) developer of WhyCoin (OFFICIAL SITE)
See us at
https://www.reddit.com/r/whyCoin/WALLET DOWNLOAD (Windows or Linux or MAC)
http://whycoin.info(For Use by the Fund for information and learning games)
http://whyfund.info(For use by the Coin for skill games)
http://whycoin.netDownload Corporate Certificate and Filing Documents
http://whyfund.orgBlock Chain Explorer (rich list)
http://whyexplorer.infernopool.com/richlistOfficial IRC Channel:
http://webchat.freenode.net/?channels=##WhycoinOfficial ANN Site:
https://bitcointalk.org/index.php?topic=1217448.0MISSION: Develop and make available Reading, Writing, Arithmetic and Reasoning programs based upon the Principles established by "The Radix Endeavor" funded by The Massachusetts Institute of Technology and Gates Foundation. The use of computer-based gaming in education is not a new phenomenon. Many educators nostalgically remember green Apple II monitors displaying the games Lemonade Stand and Oregon Trail in the early 1980s. Technology in schools has evolved considerably since then, and gaming has become pervasive within all demographic subgroups. Gaming within education is currently a fragmented value proposition. Education games are inherently engaging to students because they present novel situations and are immersive. The authors argue that video games often do a better job of teaching than decontextualized, skill-and-drill instruction. Students can use educational games to engage in difficult tasks without embarrassment when they fail, and teachers can use educational games to build problem-solving skills and help students see the meaning in their lessons.
WhyCoin was developed to reward students for "PROOF OF KNOWLEDGE", when they complete a course of study. It will be a way of keeping score!
The coin is being distributed to people who have indicated their interest in the gamification of education.
The initial distribution is approximately 80 million coins to approximately 600 people.
50 Billion coins were premined to establish a treasury of coins for future use. The bulk of the coins are held in cold storage...not staking.
The coin is a POS coin returning 20% interest compounded...requires 8 hours of age.
I will be returning here often to answer questions!
Thank You,
Walter J. Ridge
Founder
Reddit=okie78
I made this thread to have the info of the coin in one place. I dont see the need for new ANN threads.
