[ANN] ReserveCoin (RSV)

[FrictionlessCoin]

Proposed Specifications

* Scrypt based mining
* Block rate: 2.5 minutes
* Constant block reward for one year (1,000 coins per block)
* High inflation rate for first year.   Approximately 200 million RSV coins to be mined.
* After the first year, 1 million coins can be mined per year. (5 coins per block)
* Difficulty retargets every 10 blocks
* 1% of coins will be mined prior to release to spend on bounties.

ETA: 12.07.2013

Please reserve your interest here.

Note:  The high inflation is to ensure that the coin will be less than one USD, which is in-line with most other national currencies in the world.

Note 2:  Source code will be provided on 12.07.2013 on GitHub

Note 3:  You will need to compile the code yourself on your platform of choice.

Bounties for:

(1) Windows QT client - 10,000 RSV
(2) Mac OS X QT client  - 10,000 RSV
(3) Ubuntu QT client  - 10,000 RSV
(4) First 3 pools  - 10,000 RSV (each)
(5) Logo  - 5,000 RSV
(6) Splash Screen for QT client -  5,000 RSV
(7) Exchange listing - 50,000 RSV (each)

(8 ) Wordpress based web design - 50,000 RSV
(9)  Community Forum - 10,000 RSV

[mux]

ETA: 11.07.2013

12.07.2013 ?

[refer_2_me]

Did you mean "ETA: 12.07.2013"

[FrictionlessCoin]

Did you mean "ETA: 12.07.2013"

My apologies.  Corrected, thank you.

[mux]

* High infation rate for first year.   200 million RSV coins to be mined.

* 1% of coins will be mined prior to release to spend on bounties.

So that's a 2 million RSV premine.
For...

Bounties for:
(1) Windows QT client - 10,000 RSV
(2) Mac OS X QT client  - 10,000 RSV
(3) Ubuntu QT client  - 10,000 RSV
(4) First 3 pools  - 10,000 RSV (each)
(5) Logo  - 5,000 RSV
(6) Splash Screen for QT client -  5,000 RSV
(7) Exchange listing - 50,000 RSV (each)

100k-200k of bounties.

 

[niktitan132]

Im interesed to make a mining pool. 

[FrictionlessCoin]

* High infation rate for first year.   200 million RSV coins to be mined.

* 1% of coins will be mined prior to release to spend on bounties.

So that's a 2 million RSV premine.
For...

Bounties for:
(1) Windows QT client - 10,000 RSV
(2) Mac OS X QT client  - 10,000 RSV
(3) Ubuntu QT client  - 10,000 RSV
(4) First 3 pools  - 10,000 RSV (each)
(5) Logo  - 5,000 RSV
(6) Splash Screen for QT client -  5,000 RSV
(7) Exchange listing - 50,000 RSV (each)

100k-200k of bounties.

 

250,000 RSV in initial bounties, assuming 3 exchanges pick it up.  

[FrictionlessCoin]

Im interesed to make a mining pool. 

Excellent!  You will need to have your pool available by release date.   Code will be provided to you a day in advance for you to integrate.

[niktitan132]

Im interesed to make a mining pool. 

Excellent!  You will need to have your pool available by release date.   Code will be provided to you a day in advance for you to integrate.

Thank you.   

[smeagol]

The coin will be worthless, see grandcoin

[FrictionlessCoin]

The coin will be worthless, see grandcoin

Could be, but you may just never know!  ( see:  Quark )

[Gontxi]

Any news?

[RenegadeMind]

Any news?

Seems DBA.

[FrictionlessCoin]

Due to the hectic holiday season (and other more pressing matters) this release has been delayed.

[markn]

Due to the hectic holiday season (and other more pressing matters) this release has been delayed.

why do you start so many "new" projects (Legitcoins, NEX, etc) which seem to be invented due to only purpose - to bring money only to you not some usefullness to other people or community. There is anything wrong on copy paste style but I dont know why I should participate in such projects.
On the other hand, why not, it is a job like any other, I also go to work everyday and expect to get some paycheck at the end of month....

[FrictionlessCoin]

Due to the hectic holiday season (and other more pressing matters) this release has been delayed.

why do you start so many "new" projects (Legitcoins, NEX, etc) which seem to be invented due to only purpose - to bring money only to you not some usefullness to other people or community. There is anything wrong on copy paste style but I dont know why I should participate in such projects.
On the other hand, why not, it is a job like any other, I also go to work everyday and expect to get some paycheck at the end of month....

Because this is like building startups,  you try something,  if it doesn't stick you try something else.

Actually,  this coin is a very good idea.  Just don't have the time to execute on it.