AAA COIN ICOSpeculative PoW / PoS altcoin with CPU mining capabilities and PoS minting at the rate of 100% per annum on staked coins. Net profits from ICO will go towards elimination of terminal disease.
ICO start date: 10/10/2017. Limited pre-sale available now.
ICO duration: 90 days
Buy coins: PayPal, Visa, MasterCard, Amex, Discover, UnionPay, Bitcoin, Ethereum, Litecoin, and many other cryptos
Price: First day $0.50 USD, second day $1, every additional day price goes up by 1%
Make money: mine coin for 99 coin block reward, then mint coin by just holding coins in your wallet for 100% annual return on staked coins (~0.3% a day)
Use of funds: good karma – eradication of terminal disease
Limited coin supply (see coin parameters)
White paper2017 © The AAAcoin developers
AAA COIN
INITIAL COIN OFFERING ICO
WHITE PAPER
In crypto we trustIntroduction
Most altcoins of today are missing a purpose. Disruption and
greed seem to be the leading motifs. AAA COIN is purposefully designed
to be different. Whilst satisfying the human desire for greed, it also
serves a purpose of making men better. AAA COIN is a speculative
blockchain-based cryptocurrency altcoin with the short-term goal of
making men rich and long-term goal of making them better.
Making men rich is accomplished through easier than Bitcoin
mining and 100% annual interest (~0.3% daily) on existing AAA COIN
holdings, effectively doubling your money every year. In addition to
the 100% annual interest (~0.3% daily) through Proof of Stake (PoS),
the market price increase of the AAA COIN is designed into its
creation through limited supply of coins that could be mined through
Proof of Work (PoW).
Making men better is accomplished through investments of net
profits into strategic global initiatives to prevent disease and
extend human life. We have created decease-resistant plants and
animals already. Why not humans?
Basic facts about AAA COIN:
Name: AAA COIN
Symbol: AAA
Algorithm: Scrypt
Type: PoW/PoS
PoW block reward: 99 coins
PoW and PoS reward time is just 1 hour
Last PoW block 10,000
PoS percentage: 100% per year
Coinbase maturity: 1 block
Transaction confirmations: 7 blocks (most exchanges require
6. IBM research into blockchain has suggested 7-12
confirmations. 12 is too long, 7 is secure and quick.)
Difficulty PoW: 0.00024414
Difficulty PoS: 0.00024414
Block age: 10 days
Total coin supply: 138,600,000 (100%)
Coins available through Initial Coin Offering (ICO):
97,020,000 (70% of total coin supply)
Limited number of coins available for mining: 41,580,000
(30% of total coin supply)
Started exchange rate for ICO purposes: 1 AAA COIN = $1 USD
fiat currency.
ICO start date: to be announced
ICO duration: 90 days
ICO daily price increase 1% (i.e. if today 1 AAA COIN could
be bought for $1, tomorrow, the price will increase to
$1.01, and in 30 days to $1.33)
First day ICO incentive 50% off (1 AAA COIN = $0.50 USD
fiat currency)
Good cause and good karma: 100% of net profits will be used
towards elimination of terminal disease
Accepted methods of payment: all major credit cards (Visa,
MasterCard, Amex), PayPal, Bitcoin (BTC), Ethereum (ETH),
Litecoin (LTC). For larger orders, please fax to: +1 888
501 3231.
ICO website:
www.aaacoin.us Starter nodes are housed on secure and automatically
scalable Amazon servers
Windows and Linux hardware wallets are ready and can be
used for transactions as well as PoS. Can be downloaded
from AAA COIN website.
Problem
There are thousands of altcoins created by now (see Addendum).
Most altcoins of today are missing a purpose. Disruption and greed
seem to be the leading motifs. Altcoins are not widely accepted and
most of them end up as experiments in coding and blockchain.
On the other hand, well established cryptocurrencies, such as
Bitcoin, Ethereum, and Litecoin have become over the years excessively
difficult to mine and mining of new coin is dominated by mining farms
with millions of dollars in infrastructure investments that lie beyond
common mortals’ reach. In addition to that, the Proof of Work (PoW)
algorithms are designed in such a way to make it increasingly more
difficult to mine each consecutive coin.
The biggest
mining pools. Network
hash rate by country1:
China 81%
Iceland 5%
Japan 3%
Czech
Republic 3%
Georgia 2%
India 2%
Hash rate distribution. An estimation of hash rate distribution
amongst the largest mining pools:
1
https://www.buybitcoinworldwide.com/mining/pools/There is a crackdown on Initial Coin Offerings (ICO) throughout
the world, led by the US, China, South Korea, Russia, Israel2. Stricter
regulation on global movement of funds along with the intensification
of Anti-Money Laundering and Know Your Client (AML / KYC) requirements
make it increasingly more difficult to move funds around freely
(especially for China, Russia, North Korea.) This could be one of the
last profitable ICOs that you may partake in.
2
https://www.futuretechpodcast.com/podcasts/ico-crackdown-is-here-china-russia-usa-israel-southkorea-what-to-do-about-it/
Solution
AAA COIN is purposefully designed to be different. Whilst
satisfying the human desire for greed, it also serves a purpose of
making men better. AAA COIN is a speculative blockchain-based
cryptocurrency altcoin with the short-term goal of making men rich and
long-term goal of making them better.
Making men rich is accomplished through easier than Bitcoin
mining and 100% annual interest (~0.3% daily) on existing AAA COIN
holdings, effectively doubling your money every year. In addition to
the 100% annual interest (~0.3% daily) through Proof of Stake (PoS),
the market price increase of the AAA COIN is designed into its
creation through limited supply of coins that could be mined through
Proof of Work (PoW).
Making men better is accomplished through investments of net
profits into strategic global initiatives to prevent disease and
extend human life. We have created decease-resistant plants and
animals already. Why not humans?
Below is the list of problems and their respective solutions:
1. Problem: There are thousands of altcoins (see Addendum). Why choose
AAA COIN?
a. Solution: AAA COIN is the only altcoin cryptocurrency
that allows for:
i. PoW ease of mining (all you need is CPU, no GPU
required)
ii. PoS minting (just by holding your coins in a
wallet) after all coin supply has been mined at
an annual rate of 100% on staked coins (~0.3% a
day)
iii. Good cause and good karma – 100% of net profits
will be directed towards eliminating terminal
disease
2. Problem: Increasingly difficulty of cryptocurrencies mining
dominated by large mining pools.
b. Solution: AAA COIN is using a Scrypt algorithm that
allows for both PoW and PoS. PoW is not increasingly
difficult and does not require GPU. Normal PC with
only CPU can handle the mining task sufficiently. No
massive mining pools required. Upon mining of the
limited coin supply, users will be able to mint coins
through PoS by just holding coins in their open
wallets and earn 100% annual interest rate (~0.3
daily) on their staked coins.
3. Problem: Crackdown on ICOs by the US, China, South Korea, China, and
Israel.
c. Solution: Timing is right to partake in AAA COIN ICO –
it could be the last one in this decade to be not
bound by regulation and taxation.
4. Problem: Global intensification of AML / KYC and free movement of
funds restrictions.
d. Solution: AAA COIN is private and secure. No personal
information is collected or stored anywhere. The
owners and users of AAA COIN are not known and the
users are free to move coins form wallet to wallet
freely and anonymously. Only wallet number is shown in
transactions. No names, IP addresses or other personal
information is attached to a transaction.
Coin parameters
Name: AAA COIN
Symbol: AAA
Algorithm: Scrypt
Type: PoW/PoS
PoW block reward: 99 coins
PoW and PoS reward time is just 1 hour
Last PoW block 10,000
PoS percentage: 100% per year
Coinbase maturity: 1 block
Transaction confirmations: 7 blocks (most exchanges require
6. IBM research into blockchain has suggested 7-12
confirmations. 12 is too long, 7 is secure and quick.)
Difficulty PoW: 0.00024414
Difficulty PoS: 0.00024414
Block age: 10 days
Total coin supply: 138,600,000 (100%)
Coins available through Initial Coin Offering (ICO):
97,020,000 (70% of total coin supply)
Limited number of coins available for mining: 41,580,000
(30% of total coin supply)
Started exchange rate for ICO purposes: 1 AAA COIN = $1 USD
fiat currency.
ICO start date: to be announced
ICO duration: 90 days
ICO daily price increase 1% (i.e. if today 1 AAA COIN could
be bought for $1, tomorrow, the price will increase to
$1.01, and in 30 days to $1.33)
First day ICO incentive 50% off (1 AAA COIN = $0.50 USD
fiat currency)
Good cause and good karma: 100% of net profits will be used
towards elimination of terminal disease
Accepted methods of payment: all major credit cards (Visa,
MasterCard, Amex), PayPal, Bitcoin (BTC), Ethereum (ETH),
Litecoin (LTC). For larger orders, please fax to: +1 888
501 3231.
ICO website:
www.aaacoin.us Starter nodes are housed on secure and automatically
scalable Amazon servers
Windows and Linux hardware wallets are ready and can be
used for transactions as well as PoS. Can be downloaded
from AAA COIN website.
Conclusion
Due to the crackdown on ICOs and AML / KYC requirements making it
increasingly more difficult to move funds around freely, you may have
one last chance to partake in a profitable ICO. a. AAA COIN is private
and secure. No personal information is collected or stored anywhere.
The owners and users of AAA COIN are not known and the users are free
to move coins form wallet to wallet freely and anonymously. Only
wallet number is shown in transactions. No names, IP addresses or
other personal information is attached to a transaction.
Unlike other altcoin cryptocurrencies based on blockchain
revolution, AAA COIN is the only one that allows for non-GPU, CPUbased
PoW mining and to earn a hefty income through PoS minting at a
rate of 100% per year by just holding your coins in an open wallet. No
other coin offers that.
In addition to the above, AAA COIN will follow good karma,
investing net profits towards eradication of terminal diseases.
Contact information:
Website:
www.aaacoin.us Fax: +1 888 501 3231 (fax is used instead of email to
protect the coin and developers’ computers from
infiltration, viruses, and malware)
How to partake in ICO?
Buy AAA COIN at
www.aaacoin.us For large orders and serious inquiries, please fax to +1
888 501 3231 (fax is used instead of email to protect the
coin and developers’ computers from infiltration, viruses,
and malware)
Future of AAA COIN:
Next step will be to make AAA COIN available to freely
trade on most Bitcoin exchanges. We have everything ready
to meet their requirements.
The expected time for a confirmation is 64 seconds while
Bitcoin's expected confirmation time is 10 minutes.
BlackCoin’s Proof of Stake system secures the protocol
through an efficient, decentralized process called
“minting,” while Bitcoin uses a mining process that has
been well documented as expensive and energy-intensive.
Addendum – list of altcoins
SHA-256 Alternate Cryptocurrencies
Altcoins using SHA-256, the same hashing algorithm as Bitcoin.
• NMC – Namecoin
• PPC – Peercoin
• DVC – Devcoin
• TRC – Terracoin
• BTE – Bytecoin
• IXC – Ixcoin
• I0C – I0coin
• FRC – Freicoin
• XJO – Joulecoin
• ZET – Zetacoin
• ASC -AsicCoin
• DEM – Deutsche eMark
• UNO – Unobtanium
• PT – Platinum Coin
• BLC – Blakecoin
• RKC – Reikicoin
• TIT – Titcoin
Scrypt Alternate Cryptocurrencies
Altcoins using Scrypt algorithm
• LTC – Litecoin
• NVC – Novacoin
• FTC – FeatherCoin
• WDC – WorldCoin
• BTM – Bitmark
• LAT – Latium
• MID – MidasCoin
• ELC – Elacoin
• DGC – DigitalCoin
• CGB – Cryptogenic Bullion
• MΣC – Megacoin
• GLD – GoldCoin
• TAG – Tagcoin
• MMC – Memorycoin 2.0
• BTCs/BTC2 – Bitcoin Scrypt
• IFC – Infinitecoin
• KRN – Ekrona
• ANC – Anoncoin
• PND/PAND/PANDA – PandaCoins
Alternate cryptocurrencies can be mined using the same hardware as for
mining Bitcoins (mostly SHA-256 altcoins). While bitcoin mining is
going to use FPGA and ASIC devices, Scrypt based altcoins can be mined
using GPU cards.
Hybrid and CPU alternate cryptocurrencies
Altcoins using other, innovative hashing algorithms such as X11, X13,
X15, NIST5, 100% POS:
• ETH – Ethereum Cloud Mining
• XPM – Primecoin
• QRK – Quark
• SRC – Securecoin
• Nxt – Next
• QORA
• CLOAKcoin
• NHZ – NeXT Horizon
• YAC – Yacoin
• SKN – Skeincoin
• PTS – Protoshares
• DRK – DarkCoin
• MYR – MyriadCoin
• SWIFT – BitSwift
• Curecoin
• OFF – Offerings to Cthulhu
• MED – MediterraneanCoin
• MCZ – Mangocoinz – the first altcoin for smarthphones
2017 © The AAAcoin developers