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Author Topic: [ANN]🐳REEFCOIN🐳X16S MASTERNODE|NO PREMINE|NO ICO|NO MN PRESALE|POW/POS/MN|FAIR  (Read 10562 times)
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reefcoin.io (OP)
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May 21, 2018, 09:29:31 PM
 #61

How is it ensured that the 10% funds will go where it should? IS there any other trusted governing body overlooking the process? Will financials be 100% transparent with a yearly transparency report?

Zcash takes 20% / BWK takes 10% / ZenCash 8.5% - these are all founder's fees. 10% of Block Reward will go towards Development Funds. A break down of which will include: funds to continue develop the project, legal fees, exchange listing fees, and as well as coral reef charities. All the fees and funds will be fully transparent. We will be implementing a voting system into our wallet as well so the community can vote on where donations will be going each month.

The beauty of this is, if REEFCOIN doesn't live up to its promises - the community will steer away. This is majorly different than premine and MN presale because devs/ founder can just dump their premine and money from MN presale and run away. 10% founder fee is gradual. We need constant funding to make the project thrive.

Please keep in mind that this is a life long passion project for me. I LOVE the REEFS and CRYPTO. Before this I used to have a coral farm in my basement selling as a vendor/store. This project was created on the grounds for passion, transparency, trust and decentralization. For all transparency and decentralization purposes a voting system on the wallet will be developed so people can choose the charities funds will be going to.
qemudev
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May 21, 2018, 09:51:26 PM
 #62

VOTE FOR EXCHANGE:

Ubit - Cryptocurrency Exchange

Vote REEFCOIN, be listed - https://vote.ubit.pw/
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May 22, 2018, 11:21:13 AM
 #63

Seems interesting.
cryptotamer01
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May 22, 2018, 01:04:35 PM
 #64

Reserved for mining
FrankGebaili
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May 22, 2018, 01:12:40 PM
 #65

Weird design without White Paper. I am even finding interesting the proposal of the currency for mining and masternode, there are also comments that a member of the team has participated in other scam coin projects. I do not think I'm going to waste my time investing in that currency. A project in the beginning has to have a White Paper is like an architect's project. I've also been researching team members, practically none of them have project link in their personal profiles. This is very strange. I work on a "serious" project and I do not refer to it !.
I want to make it clear that I am not accusing anyone. But I find it strange.
 Lips sealed
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May 22, 2018, 04:14:38 PM
 #66

A project having great idea to all consumers.Platforms that  supported multi-languages.Im glad to say thank you to all the team behind this platfom. To the moon.
egretia
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May 22, 2018, 05:08:45 PM
 #67

Weird design without White Paper. I am even finding interesting the proposal of the currency for mining and masternode, there are also comments that a member of the team has participated in other scam coin projects. I do not think I'm going to waste my time investing in that currency. A project in the beginning has to have a White Paper is like an architect's project. I've also been researching team members, practically none of them have project link in their personal profiles. This is very strange. I work on a "serious" project and I do not refer to it !.
I want to make it clear that I am not accusing anyone. But I find it strange.
 Lips sealed

Who is the member of the team that you’re referring to? I know there was a spammer that spammed our discord server with FUD. We will release our whitepaper soon. We will tell our team members to update their LinkedIn profiles. Thank you.
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May 22, 2018, 08:48:53 PM
 #68

How many percent pow how many percent masternodes rewards from the block reward?
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May 22, 2018, 08:57:18 PM
 #69

How many percent pow how many percent masternodes rewards from the block reward?

https://cdn.discordapp.com/attachments/431461727922552832/447878067113951252/image.png
FrankGebaili
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May 23, 2018, 02:54:16 AM
 #70

Weird design without White Paper. I am even finding interesting the proposal of the currency for mining and masternode, there are also comments that a member of the team has participated in other scam coin projects. I do not think I'm going to waste my time investing in that currency. A project in the beginning has to have a White Paper is like an architect's project. I've also been researching team members, practically none of them have project link in their personal profiles. This is very strange. I work on a "serious" project and I do not refer to it !.
I want to make it clear that I am not accusing anyone. But I find it strange.
 Lips sealed

Who is the member of the team that you’re referring to? I know there was a spammer that spammed our discord server with FUD. We will release our whitepaper soon. We will tell our team members to update their LinkedIn profiles. Thank you.

Okay, I'm not saying that members have been involved in the project in the past, but we have so many coins that start today and end in a week, we're tired of promises and fakes. I know I can not seem to make a difference here in the forum for being a new member, but I have activities in other groups and with strong followers. Just the fact that its manifestation here in the forum already contributes strongly to the credibility of the currency. Thank you for your positive response and I will follow the project if possible I will make a strong disclosure if the currency positivity over time.
 Smiley
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May 23, 2018, 06:35:26 AM
 #71

Weird design without White Paper. I am even finding interesting the proposal of the currency for mining and masternode, there are also comments that a member of the team has participated in other scam coin projects. I do not think I'm going to waste my time investing in that currency. A project in the beginning has to have a White Paper is like an architect's project. I've also been researching team members, practically none of them have project link in their personal profiles. This is very strange. I work on a "serious" project and I do not refer to it !.
I want to make it clear that I am not accusing anyone. But I find it strange.
 Lips sealed

Who is the member of the team that you’re referring to? I know there was a spammer that spammed our discord server with FUD. We will release our whitepaper soon. We will tell our team members to update their LinkedIn profiles. Thank you.

Okay, I'm not saying that members have been involved in the project in the past, but we have so many coins that start today and end in a week, we're tired of promises and fakes. I know I can not seem to make a difference here in the forum for being a new member, but I have activities in other groups and with strong followers. Just the fact that its manifestation here in the forum already contributes strongly to the credibility of the currency. Thank you for your positive response and I will follow the project if possible I will make a strong disclosure if the currency positivity over time.
 Smiley

After our investigation, the team and advisors and I have decided to remove the person as Jr. Moderator. Thank you for bringing it to our attention.

On another note, I’m pleased to announce:

REEFCORE v0.8.0 “Poseidon”  is now available for testing on GitHub! This is a brand new blockchain!

Please note we are still in beta testing phase! Let's squash out all the bugs for Main Net Launch in less than 2 days! All coins mined on Test Net will be wiped for Main Net Launch!

Make sure you delete your ReefCore folder in your

C:/Users/USERNAME/AppData/Roaming folder!

Download:
https://github.com/reefcoin-io/reefcore/releases

Thank you @everyone for your continued support in this great journey!

please use addnode for wallet sync

Official list of 0.8.0 ReefSeeds

addnode=167.99.159.47
addnode=198.27.74.99
addnode=204.48.20.71
addnode=108.61.132.69
addnode=149.28.51.179
addnode=149.28.62.61
addnode=45.76.216.236
addnode=23.95.197.35
addnode=198.23.228.235
addnode=107.174.138.108
addnode=107.174.138.115
addnode=206.189.232.5
dragonmike
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May 23, 2018, 03:13:03 PM
 #72

Can you answer two very basic questions please:

1. What does reefcoin have to do with coral reefs, i.e. what purpose is intended for that coin and how does it do anything for coral reefs?
2. Where is the whitepaper?

1. 10% of Block Reward will go towards Development Funds. A break down of which will include: funds to continue develop the project, legal fees, exchange listing fees, and as well as coral reef charities.

We are in talks with the following groups:
NOAA Coral Reef Conservation Program - https://coralreef.noaa.gov/
Coral Reefs - the National Fish and Wildlife Foundation - https://www.nfwf.org/coralreef/
Coral Reef Conservation | Coral Reef Alliance - https://coral.org/

2. We are currently finalizing our whitepaper

Please join us on Discord as we have our FAQs and are answering questions as they pop up!


Many original.
Such benefit for reefs.
Many selflessness.

So much the same coin, website, team, bullshit and nonsense as https://nusa.io/.
summerblock
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May 23, 2018, 04:56:21 PM
 #73

I don't understand, if there is no presale, no bounties, no airdrop, how will people get coins? just by mining? We don't all have miners you know.
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May 23, 2018, 05:20:04 PM
 #74

Can you answer two very basic questions please:

1. What does reefcoin have to do with coral reefs, i.e. what purpose is intended for that coin and how does it do anything for coral reefs?
2. Where is the whitepaper?

1. 10% of Block Reward will go towards Development Funds. A break down of which will include: funds to continue develop the project, legal fees, exchange listing fees, and as well as coral reef charities.

We are in talks with the following groups:
NOAA Coral Reef Conservation Program - https://coralreef.noaa.gov/
Coral Reefs - the National Fish and Wildlife Foundation - https://www.nfwf.org/coralreef/
Coral Reef Conservation | Coral Reef Alliance - https://coral.org/

2. We are currently finalizing our whitepaper

Please join us on Discord as we have our FAQs and are answering questions as they pop up!


Many original.
Such benefit for reefs.
Many selflessness.

So much the same coin, website, team, bullshit and nonsense as https://nusa.io/.

Are you comparing with musa because of both using the same template? Wich algo is musa, by the way? Who is in it's team?
Could you explain yourself a bit more?
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May 23, 2018, 06:20:36 PM
 #75

I have researched the project and it seems to me that this is a very promising project. Good luck and success!
Egretia.
reefcoin.io (OP)
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May 23, 2018, 07:55:57 PM
 #76

Can you answer two very basic questions please:

1. What does reefcoin have to do with coral reefs, i.e. what purpose is intended for that coin and how does it do anything for coral reefs?
2. Where is the whitepaper?

1. 10% of Block Reward will go towards Development Funds. A break down of which will include: funds to continue develop the project, legal fees, exchange listing fees, and as well as coral reef charities.

We are in talks with the following groups:
NOAA Coral Reef Conservation Program - https://coralreef.noaa.gov/
Coral Reefs - the National Fish and Wildlife Foundation - https://www.nfwf.org/coralreef/
Coral Reef Conservation | Coral Reef Alliance - https://coral.org/

2. We are currently finalizing our whitepaper

Please join us on Discord as we have our FAQs and are answering questions as they pop up!


Many original.
Such benefit for reefs.
Many selflessness.

So much the same coin, website, team, bullshit and nonsense as https://nusa.io/.

We are a completely different team and project. They are just using the same template as us. Please google WHOIS for the domains and you will find the answer you're looking for. Otherwise please do not spam or spread FUD as your posts will be deleted.

I don't understand, if there is no presale, no bounties, no airdrop, how will people get coins? just by mining? We don't all have miners you know.

You can mine or buy from miners. Cryptocurrency Blockchain is based mostly on mining.
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May 23, 2018, 08:46:26 PM
 #77

Polish translation reserved
reefcoin.io (OP)
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May 23, 2018, 09:46:18 PM
 #78

We are doing a giveaway right now!

https://i.imgur.com/XZyQTRc.jpg
reefcoin.io (OP)
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May 24, 2018, 04:17:22 AM
 #79

How to prepare for REEFCOIN Main Net Launch:

1. If you have been beta testing on our blockchain, you need to delete the following folder: C:/users/USERNAME/AppData/Roaming/ReefCore or ~/Library/Application Support/ReefCore for Mac OS

2. Delete your old wallet and download our new wallet from the link given on Friday May 24th - ~12:00PM EST NEW YORK (We are aware that the timer on our website is only for the site's local time - we are looking for a fix) - Please note that the new wallet will NOT be on our current GitHub. It will be released on Discord for a fair launch. Only myself and @biddy and @-Dwigt-#6697 will have access to the new release wallet (read more on this at the bottom of this post.

3. @Contributors with ReefSeeds (aka SeedNodes) will need to stand by to update to the new blockchain once the new wallet is released

4. First Masternode and GPU/Pool Mining: Due to the nature of Masternode blockchain, we would first need to form a ReefNode (aka Masternode) in order to enable Pool Mining. Since we are a NO PREMINE blockchain, we will need to combine our efforts to acquire 500,000 REEF to make our first ReefNode. I will coordinate which wallet to send to form our first ReefNode. As far as I know, we will be the only Masternode blockchain with no premine to start a Masternode at the start. This will be ReefCoin's Genesis Shared Masternode. This is your chance to mark your spot in ReefCoin's history, as one of the first contributors and supporter of ReefCoin. As a bonus to those who will contribute at least 50K REEF will receive our brand new real life minted Reef Coin as well as a @Contributors role on discord! P.S before a ReefNode is online, you will encounter a wallet “loop sync” because it will keep trying to look for a ReefNode (Masternode). P.S You will be able to Solo GPU Mine - please see #reef-guides for more information on that.
(edited)
Coin2
lilsharky1
Success2
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5. Keep in mind that the new Main Net Blockchain will be online roughly 60-120 minutes prior to the release of the wallets. This is to we can double check and provide a secure and successful launch for REEFCOIN. During that time I will setup a few seed nodes as well.


6. I will be live-streaming all day for Main Net Launch day on our youtube channel: https://www.youtube.com/c/ReefCoin - I will give live support for those who needs help and I will do a live REEFCOIN giveaway at the end of the livestream!


Game Plan and Transparency:

Only 3 people will receive source codes and access to wallets and blockchain before launch: myself, @biddy (developer), and @-Dwigt- (advisor). This is because we will need to set up the blockchain and initial seednodes to prepare for a smooth launch. We are changing Block 1-100 to 0 REEF - this is so we can mine the Genesis Block of 0 REEF (WE DO NOT PREMINE - you will be able to track on explorer.reefcoin.io) and to get the network going. Our developer @biddy will be making sure everything goes according to plan and deliver a successful blockchain launch! @-Dwigt- and myself will be responsible for setting a few ReefSeeds (SeedNodes) to jump start the network. When everything is stabilized we will release the download link for wallets on Discord / ANN Thread / Website. If you have any questions or concerns please contact me via DM or tom@reefcoin.io

P.S You will be able to Solo GPU Mine - please see #reef-guides for more information on that.

Thank you @everyone for your continued support so far in this amazing project! We’ve grown so much in the past week! Let’s keep the momentum going!

For more information please view: #reef-faqs

Please report all bugs to: #bug-report

For more help please visit: #helpdesk - Be sure to see #reef-faqs and #get-started before using help desk!
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http://gos.cx


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May 24, 2018, 05:27:20 AM
 #80



ReefCoin Pool!

http://www.gos.cx/


Code:
-a x16s -o stratum+tcp://stratum.gos.cx:3667 -u [Wallet Address]-p c=REEF

Low fee, Stable 10Gb connection.
Discord Support: http://discord.gos.cx
DDoS Protection


Gos.cx Pool:   ✭ WebsiteDiscordTelegramTwitter  ✭
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