[PRE-ANN][Pre-Sale][PoS/PoB] C4Coin: Carbon-Negative EVM

[C4Coin]

C₄Coin

Hello everybody,

This post introduces the C₄Coin project. We propose a concept for a carbon-negative public blockchain with an EVM implementation.

Climate change is a global issue and distributed ledger technology is uniquely positioned to help. For the first time, it is possible to incentivize large numbers of people to coordinate emissions mitigation efforts.

Our consensus mechanism is a two-token, Proof-of-Burn/Proof-of-Stake hybrid. We utilize carbon offset tokens (C₄Coin) to stake for rewards of a network utility token (Exo).

C₄Coin tokens will each be equivalent to one carbon credit. Initially, these tokens will be backed by carbon credits in existing registries and distributed via auctions. In the future, users will be able to measure their personal carbon offsets and mint C₄Coin via distributed applications (dApps).

Exo tokens will function as traditional crypto-assets, usable as fuel for dApps or simply as a way to store value. A Proof-of-Burn consensus mechanism will link the creation of Exo to the staking and burning of C₄Coin tokens.

Migrating existing carbon credits onto the blockchain as C₄Coin tokens will create several significant benefits. First, the ability to retire C₄Coin through network consensus and earn Exo will give C₄Coin tokens added value compared to traditional credits. Additionally, hosting these credits on a public blockchain will streamline the process of carbon trading, allowing for interoperability between differing standards and reducing transaction fees.

The C₄Coin blockchain will feature a virtual machine similar to Ethereum’s, allowing developers to create dApps. Exo tokens will fuel these dApps. Because C₄Coin’s consensus mechanism requires retiring carbon credits, the network (and any dApps using it) will be carbon-negative. This innovation improves on existing blockchain technologies, which are inherently wasteful. Given the choice of two blockchains that are otherwise functionally identical, developers should use the environmentally conscious one.

With this pre-announcement, we hope to begin a process of community engagement and feedback. Several aspects of the C₄Coin project would be well-served by crowd input.

A unique feature of this project is that the founding team will offer equity to early supporters via a Regulation A+ securities crowdsale instead of soliciting donations. The sale will take place in May 2018.

You can learn more about the project by following these links:

• Website: https://www.c4coin.org/
  
• White Paper: https://github.com/C4Coin/whitepaper
  
• Team Page: https://www.c4coin.org/team/

Please provide any feedback you may have to help us make this idea stronger! We are particularly interested in opinions related to the monetary policy and governance mechanism. In the coming weeks, we will be making announcements about topics like the advisory board, position papers, technical developments, and new partnerships.

Please feel free to reach out to us on Telegram as well! https://t.me/c4coin

Looking forward to working with you,
C₄Coin

P.S. we will be active on this forum, but we answer 100% of questions on Telegram!

[CptMangosteen]

Reserved for updates

[MrVaco]

i've read your whitepaper, idea is very cool, but i'm not sure if it's applicable. i'll be following up closely and wish the team best. Goodluck!

[C4Coin]

i've read your whitepaper, idea is very cool, but i'm not sure if it's applicable. i'll be following up closely and wish the team best. Goodluck!

Thanks for your interest and support, MrVaco! If you have a chance, please let me know what you are unsure of! I'd appreciate the opportunity to get your input on how to improve the project

[gold969]

 one tweet and I'll go further, if you want, you can thank me, the address is on the twitter page _{https://twitter.com/Bill_Djons/status/958128244917702657}

[cryptocali]

Best of luck! Cool idea

[C4Coin]

Best of luck! Cool idea

Thank you, Cryptocali! We appreciate the support.

[sheenarif]

Nice Concept, Go for it.....

[C4Coin]

Nice Concept, Go for it.....

Thanks, Sheenarif! Your encouragement is appreciated!

[C4Coin]

New blog post: "Unlocking the Voluntary Carbon Market"

https://www.c4coin.org/blog/2018/2/2/unlocking-the-voluntary-carbon-market

Let us know what else you'd like us to expand on next!

Dev tasks are coming together in Jira, expect GitHub updates to start this month. Still looking for any and all white paper feedback!

Please join us on Telegram! Link in first post.

[C4Coin]

New Blog Post: "Comparing Blockchain Consensus Mechanisms"

https://www.c4coin.org/blog/2018/2/8/comparing-blockchain-consensus-mechanisms

A quick diagram explaining the ecological impact of C4Coin.

Let us know what else you'd like us to expand on next!

Look out for advisory board announcements to start next week. 

[C4Coin]

New Blog Post: "First Technical Update"

https://www.c4coin.org/blog/2018/2/9/first-technical-update

First in a series of weekly or bi-weekly development updates. Expect more technical details as the weeks progress.

[C4Coin]

New Ethereum Token Standard 884 Proposed- https://github.com/ethereum/EIPs/pull/884#issuecomment-366117900

A token compliant with Delaware GCL (to protect investors) and sufficient for registration under Reg A+.

[raywolf1]

I'm always glad to see new stuff

[C4Coin]

I'm always glad to see new stuff

Thanks your your interest and support, raywolf1!

[C4Coin]

Hi Everyone,

The C4Coin team is happy to announce a new team member: Dave Sag.

Dave has been advising the team for a number of months and is officially onboard as a consulting developer. At the moment, Dave is working on our Reg A+ compliant smart contracts, but expect him to work on the C4Coin token structure in the coming months.

Dave has deep knowledge in both carbon credits and blockchain coding, he is an ideal asset to the team, and we're thrilled to have him on board.

Please check out EIP-884 (linked above) to see our progress so far.

Blog post about this announcement: https://www.c4coin.org/blog/2018/2/21/dave-sag-joins-c4coin-team

[C4Coin]

Slide Deck and Project Overview Booklet uploaded to: https://www.c4coin.org/invest/