[ANN] BITCOIN21 - 21 million coins - SHA256 - All Device Types - Jan 2016

[VanityWallets2015]

I'll be around at launch and host a pool:

https://btc21.suprnova.cc/

Ready for pre-reg

Thanks, added to the OP and to the mining pools section of the initial website.

3 Mining Pools  Now Confirmed For Launch 21st January 2016 21:00 UK/GMT

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[vlom]

I'll be around at launch and host a pool:

https://btc21.suprnova.cc/

Ready for pre-reg

Thanks, added to the OP and to the mining pools section of the initial website.

3 Mining Pools  Now Confirmed For Launch 21st January 2016 21:00 UK/GMT

mhh, Launches 21/02/2016?

and now you write 21st january.

is it so hard to keep in mind what you wrote?

[VanityWallets2015]

I'll be around at launch and host a pool:

https://btc21.suprnova.cc/

Ready for pre-reg

Thanks, added to the OP and to the mining pools section of the initial website.

3 Mining Pools  Now Confirmed For Launch 21st January 2016 21:00 UK/GMT

mhh, Launches 21/02/2016?

and now you write 21st january.

is it so hard to keep in mind what you wrote?

Huh!??? The last time I looked January was the first month in the calendar year 21/01/2016? Never mind, I will write it again for the extremely hard of seeing, may I recommend specsavers sir?

21st JAN-U-ARY 2016, JANUARY, 1st Month In The Calendar Year, 01, 01/2016, January 2016, Jan 2016 or incase you are in America 01/21/2016, think that should cover it.....

[VanityWallets2015]

Another mining pool confirmed, thanks! Added to the OP / Website.

Provisional coin specs to be added for discussion shortly, feedback would be appreciated re: block time and block size.

[VanityWallets2015]

Provisional Specifications

POW Coins: 21 Million Coins POW
Algorithm: SHA256 / Bitcoin
Block Time: OPTION 1 - 2.1 minutes (126 seconds), OPTION 2 - 3.5 minutes (210 seconds), OPTION 3 - 10 Minute Block Time (feedback welcome)
Block Size: 2MB block size (may consider increased block size - feedback welcome)
POS Percentage: 0.0021% POS
Min POS Stake Age: OPTION 1 - 2.1 days to stake, OPTION 2 - 21 days to stake (feedback welcome)
Max POS Stake Age: OPTION 1 - 21 day coin maturity to stake reward (paired with 2.1 days min), OPTION 2 - 42 day coin maturity to stake (paired with 21 min stake age)
Block Halving: 450,000 blocks (to accrue 21 million POW)
Block Reward: 21 coins per block

Note: My preference would be a 2.1 minute block time, 2MB block size, 2.1 day min stake age, 21 day max stake age.

Feedback is welcome for the following;

Block Time
Block Size
Min Stake Age
Max Stake Age

These are preliminary specs and not hard coded as yet, important to provide scalability (so upwards of 2MB block size is important) although with sidechains implementations this doesnt really matter so much. Ultimately I want to keep the reward on a balance with mining cost and power, and at the same time give as many people, including newcomers the opportunity to dive in at ground zero and bring in more interest.

Thanks in advance for the feedback, looking forward to hearing your comments.

[vlom]

I'll be around at launch and host a pool:

https://btc21.suprnova.cc/

Ready for pre-reg

Thanks, added to the OP and to the mining pools section of the initial website.

3 Mining Pools  Now Confirmed For Launch 21st January 2016 21:00 UK/GMT

mhh, Launches 21/02/2016?

and now you write 21st january.

is it so hard to keep in mind what you wrote?

Huh!??? The last time I looked January was the first month in the calendar year 21/01/2016? Never mind, I will write it again for the extremely hard of seeing, may I recommend specsavers sir?

21st JAN-U-ARY 2016, JANUARY, 1st Month In The Calendar Year, 01, 01/2016, January 2016, Jan 2016 or incase you are in America 01/21/2016, think that should cover it.....

no it does not. have a look at the bold part up there.
the part with 02 is from here:
https://bitcointalk.org/index.php?topic=1284254.msg13213284#msg13213284

[VanityWallets2015]

no it does not. have a look at the bold part up there.
the part with 02 is from here:
https://bitcointalk.org/index.php?topic=1284254.msg13213284#msg13213284

Hurrumph! I'm sure I put 21/01/2016, never mind, thank you for pointing that out! Now changed, the unveiled bit also said 12/21/2015 (again I am sure I had put 12/12/2015) how embarrassing I am sure someone is playing mind games and changing the thread grrrrrr.

[Terwa]

0.00021 % ?
Too low... i wont hold with this pos

[VanityWallets2015]

0.00021 % ?
Too low... i wont hold with this pos

0.0021% generating 2.1 coins per 1,000 staking up to 21 days depending on final selected options.
Still low pos though to drive long term adoption and stability.
If each coin were to be valued at $100 each long term, foreach 1,000 held that would still be an at value increase of $210 per month, which is a good return.

To even make mining cost effective Bitcoin's price will have to continually increase and at which point the difficulty will get so high blocks will become so slow, for the numbers of transactions that Bitcoin wants to cope with mining power will have to increase by 10 times just to satisfy the UK daily transaction requirements I think.

At one point in the future it will be amost guaranteed that a proportion of mining support will depart from Bitcoin (along with its value) to other similar coins, for that reason SHA256 is the only way to go for a valuable future compatible digital currency, in fact this may happen several times from coin to coin until everything settles with 3 or 4 coins sharing and cross referencing mining power to secure networks.

Proof of stake is exactly the same as quantitative easing, that is devaluing the overall capital per coin, ultimately economically this serves no function or benefit for people with a low coin count, and in this instance coins will retain much of the capital value because the numbers of units distributed will not increase dramatically because the POS amount is sufficiently low.

Cryptsy and the digital currency exchanges have been flooded with POS coins for around 6 months, some with stealth launches, but look at how the value of those coins has decreased, it's like 200 years of the US Dollar in 6 months! TEK, Hyper, Sprouts, Caps these are all coins which ultimately will go the way of the high POW coins like Mooncoin, Zeitcoin unless there is some significant adoption by mainstream to invest in Altcoins, because without Altcoins Bitcoin has no exchanges and therefore no future - i will not use the original Bitcoin if altcoins are not equally supported, and I also think that there should be two or even three identical fully fledged Bitcoin alternatives - BTC, XBTC21, XBTC42 (42 million coins) for example - because just one BTC Bitcoin is  recipe for disaster.

So yes, low POS because it's not designed to make people rich, it's designed to retain higher value for longer and keep demand higher than supply!!

P.S. yes I had accidentally put .00021 instead of .0021 :S

[VanityWallets2015]

Bitcoin21 Roadmap - 5 Year Timeline



Large Image Version: www.bitcoin-21.com/resources/bitcoin21-timeline.jpg

[VanityWallets2015]

I would suggest a few people throw a few BTC at this...



I expect interest to increase dramatically at the turn of the new year....

[VanityWallets2015]

Platform Update

I just wanted to give you some more information about the projects I am work on that together provide a future powerful platform for creating new wealth, this is critically important as we move away from an oil based economy (which will lose 40% of its value in the next 5 years) and move towards a stable sustainable economy featuring blockchain assets and blockchain currencies.

Bitcoin21 is the latest addition to the portfolio, but it also stands as a possible mechanism to crowdfund and support various other items which aim to;

- reduce or cure global poverty
- establish a new source of wealth outwith centralised governments
- encourage people to contribute positively to society
- reduce the need for conflict, job displacement or anti-competitive practises

Whilst we are progressively displacing the banking and finance industry, at the moment no one has provided an answer to;

- replacing high street banking to enable the economy to continue
- replacing the hundreds of thousands of jobs that will be displaced by personal sovereignty

These are our responsibilities by advocating new innovative technologies, and being unselfish in looking to ensure the continuation of employment and staff with the blockchain in place.

You can find out more at each of the websites.



The Blockchain Party is a startup from 2015, currently by myself, to advocate a not for profit economy funded by two things;



Virtual Gold - www.twitter.com/virtual_gold / www.virtualgold.org - established on the blockchain in March 2014.



Currency of Light - www.twitter.com/currencyoflight / www.currencyoflight.com - established in 2015 as a new source of abundant wealth and energy.

I have also established;

Aerarium Universitas as an independent universal treasury to distribute and ledger value against commodities locked in planets and stars.

www.twitter.com/cryptotreasury / www.treasuryoftheuniverse.com

Digital Currency World as a platform for bringing all these innovations together and generally promoting long term crypto projects that benefit everyone.



www.twitter.com/dicurrencyworld / www.digital-currency-world.com

Finally to celebrate 7 years of the blockchain which will revolutionise global finance and public ledgering, I will be launching Bitcoin21 next month to usher in an era of new long term coins with a stable long term value. It is worth remembering that the first search engine on the internet was in 1992 6 years before Google was launched and became the number one search engine in the world. As yet Bitcoin has not had a coin which has surpassed its potential however Bitcoin21 is the same as Bitcoin with shorter block time, and a small proof of stake which will prevent quick profits, pump and dumps, and enable much more development.



I would appreciate further support, any donations are welcome, remember this is a completely Not For Profit endeavour as part of a greater innovation to decentralise government in favour of people consensus all over the world, these are very important steps and innovations in a completely different new wealth sector.

Thanks again for your time and support.

[BluRPie]

watching this

[VanityWallets2015]

watching this

glad to hear it, thanks



While I continue working on CURA Currency Of Light, a permission based blockchain solution for creating a sustainable stream of new wealth, I would like to confirm that;

- 21 million units of Bitcoin21 will be created on the public blockchain on launch 21st January 2016
- a further 21 million units will be created on the CURA permission based private blockchain and issued to 21Bitcoin holders

Those that own any of the units on the public Bitcoin21 blockchain will also have the same number of coins reserved on the private blockchain (these will, subject to approval, be issued at the same market value as Bitcoin21 and can be exchanged for CURA for the same market value) - subject to permissions this would double the value of coins held through a second private blockchain - more information to be available in the future.

In order to claim units from the CURA blockchain you will need;

- to register in full with verified ID on the CURA blockchain/network (instructions in future)
- provide evidence of ownership of your public blockchain Bitcoin21 (probably through a national high street drop in centre / bank and through centralised storage/audit)

Notes:

The value doubling is unique to Bitcoin21 and subject to the approval of CURA as the source of new wealth generation beyond the oil based economy (fairly confident, however currently unsure of the legislative position in regard to creating new wealth) and will require further investigation.

A proportion of the IPO may be withheld for the purpose of facilitating relationships with existing high street banks which may enable Bitcoin21 to have high street support. Banks have not been approached as yet however may be something that would afford, alternatively establishing CURA banking in the high street would be sustainable, not for profit, interest free and provide the same potential facilities.

[skyline247]

  Interesting. I'll participate. Good luck.

[VanityWallets2015]

  Interesting. I'll participate. Good luck.

Great thanks. I'm not saying it will achieve anything but...



Has potential

[skyline247]

  Interesting. I'll participate. Good luck.

Great thanks. I'm not saying it will achieve anything but...



Has potential

  Looking REALLY good! Let's just hope it's not all smoke and mirrors. We shall see.
Sorry Dev, been burned just one too many times by "Great new Altcoins" that promise to change the world, have flashy road maps and slick websites, and detailed organizational goals - then turn out to be a great setup created to lure people in, only to have the Dev(s) and team run away, investments pocketed, pilfered, or destroyed with the scammers involved laughing all the way to the bank. So I hope you will understand if I approach this with caution. I'm interested in your plans, and really would like to see this get off the ground. Great ideas! Here's to hoping to see these plans in action. Again, good luck. I'll be involved, just cautiously. Cheers.

[kerhso]

How no one to buy IPO?

[VanityWallets2015]

  Looking REALLY good! Let's just hope it's not all smoke and mirrors. We shall see.
Sorry Dev, been burned just one too many times by "Great new Altcoins" that promise to change the world, have flashy road maps and slick websites, and detailed organizational goals - then turn out to be a great setup created to lure people in, only to have the Dev(s) and team run away, investments pocketed, pilfered, or destroyed with the scammers involved laughing all the way to the bank. So I hope you will understand if I approach this with caution. I'm interested in your plans, and really would like to see this get off the ground. Great ideas! Here's to hoping to see these plans in action. Again, good luck. I'll be involved, just cautiously. Cheers.

I'm having to sell my Skyline to fund my projects, a beautiful R33 GTR in midnight purple, heartbroken a bit

I'm going to be sending out some proposals to potential international stakeholders at the turn of the new year, responses will largely dictate the route to delivery. Again, I am not making any promises regarding the future value, whether or not the currency will make exchanges or fulfil the road map because at this time all investment is personal, and any future will largely be dictated by investor/stakeholder responses and investment.

I have limited blockchain experience in terms of development, however rest assured in the event of popularity, a team will be established to deliver a completely financially and politically independent digital currency platform to meet the demands of its users.

Before it does go live though, I am taking the steps of establishing some self-regulated rules of delivery so that there are plans in place for the provision of transaction taxes or other fees when digital currencies become regulated.

I think the next stage of implementation is innovative and will gain significant traction and awareness on an international basis, more news about that after Christmas, perhaps it would be best to reconsider any investment in the new year - if my strategy works it may mean a requirement to increase the IPO premine.

Any details of investors, airdrops, etc will be added to the OP in January. Thanks for support, will keep everybody up to speed.

[ocminer]

Port 21, the TCP/IP stack, how deliciously technical

lol .. Port 21 TCP/IP ?! Where did you read that.

(Check: https://en.wikipedia.org/wiki/List_of_TCP_and_UDP_port_numbers)

Port 21 is the standard Port for the FTP Protocol which is the Application Layer whilst TCP/IP is the Network Layer..

TCP/IP does not have "one Port" it provides an environment for Ports, sending bytes, receiving bytes etc.

Saying "Port 21 is TCP/IP" is like saying  Pizza is Oven