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Author Topic: [ANN] [BARR] The Only Cryptocurrency Earned by Burning Multiple Altcoins  (Read 35628 times)
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fortunecrypto
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October 07, 2016, 04:32:17 PM
 #461

If you don't want to use one of the addresses in that list, you'll need a program to design an address for you.  You'll start out with whatever phrase you want, i.e. FortuneCryptoDedicatedBurnAddress, and then the program will check to see if that address validates in Base58 according to your coin's version.  It won't, so it will try FortuneCryptoDedicatedBurnAddresX, then FortuneCryptoDedicatedBurnAddreXX, trying millions of different combinations of numbers and letters, until it eventually finds one that works such as FortuneCryp7hAF3f4Yap2KSDa6nd

So there is a program like that ? can you lead me to that program so I can create a customize one for those coins that I am going to burn.


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October 07, 2016, 11:37:08 PM
 #462

If you don't want to use one of the addresses in that list, you'll need a program to design an address for you.  You'll start out with whatever phrase you want, i.e. FortuneCryptoDedicatedBurnAddress, and then the program will check to see if that address validates in Base58 according to your coin's version.  It won't, so it will try FortuneCryptoDedicatedBurnAddresX, then FortuneCryptoDedicatedBurnAddreXX, trying millions of different combinations of numbers and letters, until it eventually finds one that works such as FortuneCryp7hAF3f4Yap2KSDa6nd

So there is a program like that ? can you lead me to that program so I can create a customize one for those coins that I am going to burn.



https://gist.github.com/CoinWhisperer/6d673f1f3d13da1611cd

Burning Altcoins for Redemption and Reduction - http://barr.me
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October 08, 2016, 08:34:11 AM
 #463

Thanks!  Our 1-year birthday is coming soon. 
how are you going to celebrate it ? maybe a little giveaway ?  Wink
That's a great idea!  Send your BARR to the Market Fund, no limit to how much you can give.  What a celebration, thanks!
oh, guys... i think you are richer than me and i don't have such amount of BARR to make you happy
i'll give a gift to you at the end of october
i think it will be a vote for bla-bla-bla-coin to burn in november
hope you will not discard my gift  Wink

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October 08, 2016, 08:37:13 AM
 #464

When I read the title it sounded like a bad idea. But it's actually not a bad idea to get a lot of users. Too bad I don't have any altcoins.
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October 08, 2016, 01:33:55 PM
 #465

When I read the title it sounded like a bad idea. But it's actually not a bad idea to get a lot of users. Too bad I don't have any altcoins.



You can buy BARR directly on the NXT Asset Exchange.

Burning Altcoins for Redemption and Reduction - http://barr.me
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October 08, 2016, 10:14:06 PM
 #466

If you don't want to use one of the addresses in that list, you'll need a program to design an address for you.  You'll start out with whatever phrase you want, i.e. FortuneCryptoDedicatedBurnAddress, and then the program will check to see if that address validates in Base58 according to your coin's version.  It won't, so it will try FortuneCryptoDedicatedBurnAddresX, then FortuneCryptoDedicatedBurnAddreXX, trying millions of different combinations of numbers and letters, until it eventually finds one that works such as FortuneCryp7hAF3f4Yap2KSDa6nd

So there is a program like that ? can you lead me to that program so I can create a customize one for those coins that I am going to burn.

You really should use the addresses on that list as they are provably unspendable addresses.

IIRC, these addresses Private keys are not valid in the mathematics as it is zero. Therefor any coins sent are non redeemable.

If you use another program please verify that it is provably unspendable and a burn address.

The program above appears to generate a valid base58 vanity public address for a coin but the private key associated to it could be valid (if known or found).

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October 08, 2016, 11:27:38 PM
 #467

When I read the title it sounded like a bad idea. But it's actually not a bad idea to get a lot of users. Too bad I don't have any altcoins.



You can buy BARR directly on the NXT Asset Exchange.

Not sure how to do that? Any tutorials?
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October 08, 2016, 11:45:40 PM
 #468

When I read the title it sounded like a bad idea. But it's actually not a bad idea to get a lot of users. Too bad I don't have any altcoins.



You can buy BARR directly on the NXT Asset Exchange.

Not sure how to do that? Any tutorials?



You can download the wallet from nxt.org, and after the blockchain is synced then you can trade within the wallet.  Or you can use an online wallet at mynxt.info, but I think they charge a small fee for a "plugin" to trade assets.

All trades are actually done on the NXT blockchain, peer-to-peer, fully decentralized, which means BARR can never be delisted and can always be exchanged for NXT.  Since the NXT blockchain also runs BARR, that lets BARR have the users and security of NXT's $12 Million dollar network.

Burning Altcoins for Redemption and Reduction - http://barr.me
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October 12, 2016, 03:31:29 AM
 #469

What a waste of time this is, who buys coins before everyone know they are up for burn and then burn them a month later , sounds like some kind of scam. I heard you guys are the only ones who burn the coins and it's like an organised scam.
If you outline the whole procedure maybe we will know how it works but it looks like you just buy the coins knowing which ones are to be burn before you announce them to be burn and you get the upper hand on getting them cheaper for burn.
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October 12, 2016, 12:44:46 PM
 #470

I heard you guys are the only ones who burn the coins


How did you hear that when you just registered today?  Please don't be such an obvious liar.

Post with your main account or don't post. 

As always, there is a public vote on the NXT blockchain, so anyone can vote for which coins to burn.  Everyone can see the votes as they come in, and all of this is explained in detail in this topic for anyone who wants to read and find out how the process works.

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November 02, 2016, 06:46:12 PM
 #471

I pm you an address of the burned coins will these decrease the supply of that coins?I did't notice a significant reduction of the supply even though they over 46 millions coin..

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November 03, 2016, 03:46:04 AM
 #472

oh no ! i forgot to vote at the end of october
too late ? or a little change of rules ?

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November 03, 2016, 03:42:44 PM
 #473

I pm you an address of the burned coins will these decrease the supply of that coins?I did't notice a significant reduction of the supply even though they over 46 millions coin..



That coin has over 10 billion in circulation, so 46 million isn't a high percentage of the overall supply.  But it could still affect the market, depending on how many are being offered.

Burning Altcoins for Redemption and Reduction - http://barr.me
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November 03, 2016, 03:43:14 PM
 #474

oh no ! i forgot to vote at the end of october
too late ? or a little change of rules ?



The votes still roll over from previous months, so you'll have to vote a lot to outvote "burn nothing" for now.

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November 03, 2016, 04:09:19 PM
 #475

I pm you an address of the burned coins will these decrease the supply of that coins?I did't notice a significant reduction of the supply even though they over 46 millions coin..



That coin has over 10 billion in circulation, so 46 million isn't a high percentage of the overall supply.  But it could still affect the market, depending on how many are being offered.

Thanks for the response,I just want to make sure that the dev of that coin is very transparent and serious that they are going to burn coins coming from the wall..

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November 18, 2016, 05:50:45 PM
 #476

Congratulations to everyone for our successful first year.  We've changed 12 blockchains and burned $40,000 worth of altcoins.

Right now we're still waiting to see where the price of NXT will end up after the Ardor split, but BARR should be going up in relation to NXT.

Burning Altcoins for Redemption and Reduction - http://barr.me
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December 09, 2016, 01:55:05 PM
 #477

Coins currently eligible for future burn exchange:




8BIT   8Bit, current supply   384,141  Cryptsy wallet offline?
ACOIN   Acoin, current supply     1,134,479
ACP   AnarchistsPrime, current supply      2,005,302  Already Burned
ANAL   AnaLCoin (Analyst Coin), current supply   193,330
ARG   Argentum, current supply   4,616,820
ASN   Ascension, currenty supply     18,918,064
AUM   Alexium, current supply   20,261,106
BITS   BitStar, current supply   19,209,785
BITZ   Bitz, current supply   1,968,041  Involved in their own coin burn?
BLC   Blakecoin, current supply   8,277,653
BOB   Dobbscoin, current supply   3,784,240
BRC   Biebercoin, current supply   398,000,000
BTM   Bitmark, current supply           972,520
BTQ   BitQuark, current supply   4,065,118
BUN   BunnyCoin, current supply     98,379,567,190
BVC   Beavercoin, current supply    2,739,368
C2   Coin2.1, current supply   114,081,891
CAGE   CageCoin, current supply   99,213,298,394
CAPT    CAPTcoin, current supply   20,316,619
CAT   Catcoin, current supply   2,579,399
CCN   CannaCoin   , current supply 4,654,701
CDN   Canada eCoin, current supply   86,457,854
CESC    CryptoEscudo, current supply   599,431,700
CETI   Cetuscoin, current supply   51,44,790  blockchain doesn't move
CHC   ChainCoin, current supply   9,500,000
CKC   CheckCoin, current supply   18,643,020
CORG     CorgiCoin, current supply   96,478,598,893
CRAIG   CraigsCoin, current supply     30,075,746  Cryptsy wallet offline?
CRAVE   Crave, current supply      743,103
CRW     CrownCoin, current supply    5,702,170
CRYPT   CryptCoin, current supply   6,025,858
CTO   Crypto, current supply   2,399,729
CYC   ConspiracyCoin, current supply   12,599,427
CYT   Cryptotokenz, current supply   76,456
DARK    Darkcoin (FUDcoin), current supply   13,100,000
ELC   Elacoin, current supply   522,834
EMC2   Einsteinium, current supply    257,784,320  
EMD    Emerald Crypto, current supply   15,953,772
FCN   FantomCoin, current supply   3,096,654
FLAX    Flaxscript, current supply   ?
FRAC    Fractalcoin, current supply    1,003,589  Already Burned
FRK   Franko, current supply   538,510
GLC   Globalcoin, current supply   64,122,209
GLOBE   Global, current supply    90,319,000
GRN   Granitecoin, current supply    24,685,500
GRS   GroestlCoin, current supply    60,513,599
HAL   Halcyon, current supply   2,639,366
HAM   HamRadioCoin, current supply   6,723,768
HVC   HeavyCoin, current supply    88,821,881
KEY   Keycoin, current supply  946,902   Already Burned
KGC   KrugerCoin, current supply     137,295,857
KORE   Korecoin, current supply   1,831,127
LKY   LuckyCoin, current supply   19,307,160
LOG    Woodcoin, current supply   7,832,545
LTCD    LitecoinDark, current supply   78,894,060
METAL   MetalCoin, current supply   77,988,654
MIN   Minerals, current supply   4,657,629
MUE   MonetaryUnit, current supply   73,810,799
NEOS   NeosCoin, current supply   7,492,775
NKT   Nakas (NakamotoDark), current supply   88,623,755
OMC   OmniCoin, current supply   11,015,213
PHS   PhilosopherStones, current supply   3,192,868
PIGGY   New Piggycoin, current supply   476,910,923
PKB   ParkByte, current supply   4,657,629
PRC   Prospercoin, current supply    3,000,000
PTC   PesetaCoin, current supply     154,626,004
PXC   PhoenixCoin, current supply   39,244,500
QSLV    Quicksilver, current supply    3,484,622
RED   RedCoin, current supply   72,153,041
SBC   Stablecoin, current supply   22,789,581
SHELL   Shellcoin, current supply   19,414,096
SKC   Skeincoin, current supply   13,800,000
SMC   SmartCoin, current supply    20,013,365
SOON    Sooncoin, current supply   12,395,580
TES   TeslaCoin, current supply   65,269,617
TGC   Tigercoin, current supply   42,924,141
TOP   Topcoin, current supply   29,110,268
TRICK   TrickyCoin, current supply   7,550,000  Dead?  Yobit wallet offline
ULTC     Umbrella-LTC, current supply   1,529,920
UNB    UnbreakableCoin, current supply    2,270,700
UNIC    Unicoin, current supply   2,399,374
VIOR   Viorcoin, current supply   4,941,654
VIRAL    Viral, current supply   5,350,280
WBB   WildBeastBitcoin, current supply    658,740
XBC   BitcoinPlus, current supply   77,448
XAI   Sapience AIFX, current supply    690,460   Already Burned
XCASH   Xcash, current supply    2,457,531
XCO   X-Coin, current supply   11,259,216
XDP   DogeParty, current supply      2,678,188
XJO   JouleCoin, current supply   23,442,400
XSI   StabilityShares, current supply   9,178,749
      


————————————————————————

Please let us know of any objections or reasons why any of these coins should not be accepted.

————————————————————————


Please note that a coin may lose eligibility if its network stops working, if it is delisted from all exchanges, or if its block explorer goes down.  
Because of the temporary nature of eligibility, we cannot decide on future coins too far in advance.  The price, total supply, and network status of each coin is subject to change at any time, so the coins for each burn period will have to be decided shortly before the burn period begins.  


Just to point out you have stated that you burnt " ACP   AnarchistsPrime, current supply      2,005,302  Already Burned "  

http://acp1.servep2p.com:3001/richlist

1111111111111111111114oLvT2   1135049.42806663   24.71% (was around 40%)

but clearly you only burn 1135049 I was wondering if Barr kept the other 800k ACP or if Barr submitted that data to create more Barr which has falsely been produced on your network
(burn was done this time last year...)
Or is your post just stating the total number of coins that we had in circulation one year ago and that you bought 1 million for almost 7 thousand usd ?


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December 09, 2016, 02:54:13 PM
 #478

Congratulations to everyone for our successful first year.  We've changed 12 blockchains and burned $40,000 worth of altcoins.

Right now we're still waiting to see where the price of NXT will end up after the Ardor split, but BARR should be going up in relation to NXT.

Next year there will be more coins to burn,the trend did not change,many devs still creating over 500 million coins with no usage at all but pump and dump coins,this coin is a big help to the community in my opinion and you're right Barr will increase,because there is no other coin with similar algo.

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December 10, 2016, 12:22:17 AM
 #479


Just to point out you have stated that you burnt "




It is stated in the first post on this thread, and at barr.me:  ACP – 1,135,048 coins burned

Since you publicly stated that you were wildly dumping your own ACP at the time, you are fully aware of how many were burned.
When your total supply was about 2 million and we burned 1 million in a single transaction, you made a big deal about it.
Since you are the creator of ACP and the only dev, you know that we did not have 100% of the coin supply at that time.

Burning Altcoins for Redemption and Reduction - http://barr.me
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December 10, 2016, 09:33:18 AM
 #480


Just to point out you have stated that you burnt "




It is stated in the first post on this thread, and at barr.me:  ACP – 1,135,048 coins burned

Since you publicly stated that you were wildly dumping your own ACP at the time, you are fully aware of how many were burned.
When your total supply was about 2 million and we burned 1 million in a single transaction, you made a big deal about it.
Since you are the creator of ACP and the only dev, you know that we did not have 100% of the coin supply at that time.

Great so this dev only has over 1 million supply now he burned half of it,while all the other devs has over 100 million to 10 billion and new coins coming with coins supply from 100 million to billions you opted for just over 1 million I'm sure it will have an impact in the market.


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