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Author Topic: [Pre-ANN][PoW] Hexagon - Crypto-currency built ground up from the community  (Read 7357 times)
Doum (OP)
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November 18, 2017, 01:04:01 PM
Last edit: January 10, 2018, 05:53:13 PM by Doum
 #1

------------------------------------------------------------------------
PRE-ANNOUCEMENT - HELP DECIDE THE FUTURE OF THIS COIN
------------------------------------------------------------------------

INTRODUCTION
This is Hexagon. Hexagon is a sort of experimental project of mine, seeing how far a community can carry a crypto-currency into mainstream adoption.
The idea behind Hexagon is that, although the coin will be worked on by me, the community should take part in every stage of development, from the concept and groundwork to the end product and mass-adoption. I will let the community pitch ideas, develop and control the coin as much as they'd like to. I'm fairly new to programming, so you could consider this a lazy step, but using this we can all learn new things and be able to support a project together and show off the power of a community. So, in essence, Hexagon is a cryptocurrency which is a blank canvas, ready to be molded by me and others who'd like to contribute.
Firstly, to get things started I want to lay out some ground rules, which are not rock-solid, but should allow people to get things moving in the right direction.


GROUND RULES

- Development direction will be decided through a voting system. -
- Anyone can pitch and develop an idea if they wish, but it's up to the community to decide if they'd like it implemented into the source code. -
- The coin will not be exploited by developers for profits, if I see this happening, I will use my power as lead developer to stop it.
- Community contribution will be rewarded with Hexagon tokens, as to promote active development. -
- There will be a 1-2% (undecided, please specify amount you'd like to have pre-mined) pre-mine in order to pay for these development "bounties" -
- Community contribution will be rewarded with Hexagon tokens, as to promote active development. -
- The Hexagon token will only be trade-able onto an exchange once the community sees that it is ready. -
- I'm a relatively new developer, so I will need other developers help to make the communities wishes for this coin to happen. -
- Most importantly, I want this place to be friendly, we are all working towards a similar goal here, so don't try and exploit or harass others unless you see it necessary for community growth. -


SPECIFICATIONS

Ticker
- HEX -

Total Coin Supply
- 20,000,000 total coins! -

Block Times
- 1 minute target - decided by community vote!

Block Reward & Emission
- Undecided, you can vote here!

Proof of Work Algorithm
- Decided by community vote, it is Equihash, you can see the results of the vote for it here. -

Features
- Undecided, once a proper voting system has been established I will update this post with a link where you can vote. -

Launch Date
- Undecided, me and others who would like to join the project's development will need time to create the cryptocurrency though. -

Voting System
- Decided, it will be Strawpoll.


CURRENT UPDATES

18.11.2017
- Launched the Bitcointalk page. We currently need to decide on a voting system that members of the community can use for creating and deciding on future development. -
- I have created a Discord channel where community members can interact with eachother and reach out to me for personal questions. -
- If anyone wants to ask a question about coin development, I ask that they do it on these forums to allow the highest number of people to see my (or other users) answers. -


DEVELOPMENT TEAM

- Doum : Lead developer -

That's all so far! If you'd like to help manage the community or help with development of the project, please PM me! Any developers will be given a percentage cut of the pre-mine.


ANYTHING ELSE?

I think I've covered everything, I will update the post as more things are decided.
I just wanted to thank you for reading, and to remember that if you want to be part of a whole new project and to work with like-minded individuals, now's your chance!

If you have any questions about the project, feel free to PM me on these forums or post on this thread.

CLICK THIS FOR DISCORD SERVER

Doum (OP)
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November 18, 2017, 01:13:37 PM
 #2

good luck  Wink

Thank you, we've already got 5 people in our community discord! Things are off to a great start.
kabarbogor
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November 18, 2017, 01:23:10 PM
 #3

interesting good luck dev
freezzeer
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November 18, 2017, 01:24:34 PM
 #4

Happy to hear a this kind of tokan.Good luck devs.i hope your team will update bounty programs.Need a telegram group.
Thank you .. Smiley
Doum (OP)
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November 18, 2017, 01:35:19 PM
 #5

interesting good luck dev

Thank you. If you'd like to help us you can join our discord!

Happy to hear a this kind of tokan.Good luck devs.i hope your team will update bounty programs.Need a telegram group.
Thank you .. Smiley

We currently have a Discord, I'd like to keep the community in one place so we can all contact eachother, so having multiple chat groups wouldn't really work out, unless the community really wants a telegram group.
ytrezq
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November 18, 2017, 01:38:49 PM
 #6

Please share your discord links.
Doum (OP)
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November 18, 2017, 01:39:48 PM
 #7

Please share your discord links.

You can click on the discord picture on the main forum post to join our discord chat!
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November 18, 2017, 01:41:08 PM
 #8

What's the purpose of this coin? How many total supply it will be?

$XSCP(XyMcLREar5HupAEFjzqfxGvk7FKQN8yirP)
Doum (OP)
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November 18, 2017, 01:47:09 PM
 #9

What's the purpose of this coin? How many total supply it will be?

Thanks for asking! It's currently an experiment to see how far a community can carry a cryptocurrency, but new features will be decided using community input! The total supply will be decided by the community once other things have been decided!
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November 18, 2017, 01:49:41 PM
 #10

What I understand from the concept about decisions those will be taken based on voting by community. I think you need to promote it well to reach at decent size of community before the implementation of voting system. At start community size will be very small better let it grow first and then start taking decisions at later point.
Doum (OP)
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November 18, 2017, 01:53:59 PM
 #11

What I understand from the concept about decisions those will be taken based on voting by community. I think you need to promote it well to reach at decent size of community before the implementation of voting system. At start community size will be very small better let it grow first and then start taking decisions at later point.

Right now no polls will close until the community has significantly grown, but we will let users spread word and continue to vote until then! Thanks for suggesting.
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November 18, 2017, 02:20:10 PM
 #12

when you planning to realize pow need or not?
JC1DA
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November 18, 2017, 02:23:13 PM
 #13

An "undecided" coin - even devs don't know what to do with it?
Doum (OP)
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November 18, 2017, 02:47:20 PM
 #14

An "undecided" coin - even devs don't know what to do with it?

The whole point is that it is built ground up by the community, of course I have ideas on what to do but they will be added to the mix-bag of what others want from the coin as well. So we will do what the majority of the community wishes and design the coin for them.

when you planning to realize pow need or not?

The coin will be PoW, we have upcoming polls to decide the hashing algorithm.
Doum (OP)
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November 18, 2017, 02:56:03 PM
 #15

The discord community is currently making a list of all possible algorithms, and I will keep you all posted here once we open a poll to decide on which one we want.
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November 18, 2017, 03:00:11 PM
 #16

If you say that the community must develop does this mean you are on your own? Do you have a dev team or are you doing this solo?
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November 18, 2017, 03:02:16 PM
 #17

So this is not a full announcement since every details must be decided thru voting, then what is the main foundation of this project, what will be the use-case if any? Other cryptos have their own platform like some gaming currency where their coin is needed to enter on a particular game they created, did you have a plan to do the same?

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November 18, 2017, 03:08:22 PM
 #18

Do in this project, everything will be mainly done by a single person, in this case all by yourself?

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November 18, 2017, 03:19:49 PM
 #19


The coin will be PoW, we have upcoming polls to decide the hashing algorithm.

Can ᴘᴏᴡ include proof of space algo ? There’s a huge demand for a second altcoin being proof of space ?
Doum (OP)
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November 18, 2017, 03:24:18 PM
 #20

If you say that the community must develop does this mean you are on your own? Do you have a dev team or are you doing this solo?
Do in this project, everything will be mainly done by a single person, in this case all by yourself?

I'm alone right now, I am hoping members of the community will come together and develop various areas of this project for some of the pre-mine bounty.

So this is not a full announcement since every details must be decided thru voting, then what is the main foundation of this project, what will be the use-case if any? Other cryptos have their own platform like some gaming currency where their coin is needed to enter on a particular game they created, did you have a plan to do the same?

The use will be adoption, just like many other currencies, however more features and uses will be decided by the community.

interesting

Thank you!


The coin will be PoW, we have upcoming polls to decide the hashing algorithm.

Can ᴘᴏᴡ include proof of space algo ? There’s a huge demand for a second altcoin being proof of space ?

We'll need PoW to promote a decentralized coin with secure networks, so PoSpace is off the cards right now.
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