[ANN] BITCREDITS - CREDITS - NEW COIN LAUNCH 19th January 2014

[clackersmaracas]

http://www.commonwealthcoins.org/img/exports/bitcredits/wallet.png http://www.commonwealthcoins.org/img/exports/bitcredits/splash.jpg http://www.commonwealthcoins.org/img/exports/bitcredits/wallet.png
Credits
The Universal Currency With The Highest Coin Count To Date - Read More

Release date: 6PM GMT, Sunday 19th January 2014

Coin Information

From the international enterprise team who bring you GoldBar, Silverbar and PlatinumBar is the new BitCredits (Credits).
This new “Alt-Coin” aims to be a single universal currency (credits) with a high enough coin count and mining time to ensure the currency has a long and credible future.

Credits are whole coins and not available to be traded decimilised (the actual value against real world currency to be decided by any participating exchanges).

Credits are to be mined over a 1024 year period, that's right, a 1,000 year period to ensure that there is never a pump and dump scenario and that coins are gradually released into society replacing all world currencies in favour of trading credits - a currency that can be applied nationally, internationally, and once other planets are colonised it is a currency that can be used throughout the universe with CREDIBILITY

Welcome to the future - a true universal coin.

Value

We do not predict the value of the coins however we hope that these will be heavily valued by people, society and exchanges.

Mining

- 1 minute block target
- 5 Confirms per transaction
- Difficulty re-targets every 60 minutes
- Block reward 10,000 estimated (may be higher)
- Total coin supply: One Centillion (1 ~303) = 1,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 coins
- Scrypt


- Premine: 3.5%
An estimated Pre-Mine of 3.5% is required for promotions, currency development and ensure future giveaways and use to make a positive difference to the world by relieving poverty, providing financial opportunities and improving real world social problems through donations, work and provision of opportunity.

Our coin has been minted (compiled pending launch)

Wallets ready on launch;

Linux wallet (ready)
Mac wallet (ready)
Windows wallet (being finalised)

Pools:

Please contact us at info@commonwealthcoins.org if you wish to have your pool added

Hashasaurus: http://credits.hashasaurus.com (available for signup on Saturday 18th January)

FAQ:

#1. - Question: When and where can we download the wallets.
#1a. - Answer: Our wallets will be available to download from our website and linked to from a number of websites including here as soon as possible and in advance of coin launch.

#2. - Question: Why Credits?
#2a. - Answer: Our aim is to create a unique long serving currency with foundations being able to be mined across 10 generations of families, our aim is to create a currency that is simple and easy to use inspired by the great David Brabhen's Elite where credits were the currency used to trade across the universe, our aim is also to create a currency that can and will help relieve poverty and create opportunity for a fairer world by creating a universal commonwealth and a currency that can be used for good. Our unique BitDebits scheme will also allow people to provide peer to peer loans through our approvals scheme - more information later in 2014.

#3. - Question: Will BitCredits be added to an exchange?
#3a. - Answer: We would like to see BitCredits take place on the exchanges and become the defacto currency used across the world.

Other:

Blockchain: TBC (will be available upon launch)

Forum: TBC

Website: http://www.commonwealthcoins.org

Anything else please contact us via private message or via email at info@commonwealthcoins.org

[FreePls]

what you premined 3,5 % of

1,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000

coins?

 


can i see that wallet balance pls 

[perhan007]

So in 30 years you will still have half of all coins around?

[r3animation]

How many coins do you want to launch at the same time?

Gold Bars, Silver Bars and Platinum and now this?

Just pumps and dumps for sure. Pure madness.

[clackersmaracas]

Hi all.

We want to launch three coins at the same time (within one hour of each other) to avoid pump and dump scenarios.

We do not know which, if any, of the bars will go on an exchange (although we hope all three) and we have left it open to miners to decide which they feel will be the better investment based on potential amount of bars mining, demand and desirability.

Surely by releasing one coin a week or month would create a terrible pump and dump scenario, this way you can make a choice and either stay and mine gold, or move to silver and platinum depending on GH/s on each coin, current demand on blocks and potential value of the return. It's a unique and interesting way to begin.

Our coins have been in development for some time with real genuine value to help stabilise the crypto currencies by creating a movement of real world assets into crypto portfolios, which is essential for long term support for cryptos and virtual currencies.

We believe our coins not only will have significant financial value in 6 months time, will create deposits to help the poor and improve social aspects in this world, and help the serious growth and investment of real currencies and not kiddy coins such as hotdogcoin and lots of terrible incantations.

Quickly touching the premine subject - there is absolutely no way that any coin will survive without a premine in the future of cryptos - we also have a number of coins planned for future release once our first four are established that we can offer a 0% premine on purely because the finances of our initial offerings will support such an infrastructure. Our 3.5% premine is small, but also with a mine time of 50 years (on the bars) and 1024 years (on the credits) we see that this should ensure there are few major benefactors - every miner deserves a little of something.

Thanks for everyones comments, we hope you will support our coins, and help us contribute to the world in positive ways.

Very excited about our launches next weekend (18th and 19th)

[nocoin]

- Total coin supply: One Centillion (1^303) coins

Wallets ready on launch;
Linux wallet (ready)

Really? What type of variable do you use for MAX_MONEY?

[clackersmaracas]

MAX_MONEY = "stimulate a coin to get as much money into circulation from hoarding fatcats as possible and put to good use including reduce poverty, increase better social conditions, increase opportunity to those who do not have access to education, technology or basic living conditions and help restore the balance of wealth to people who need it" * 10

[michaelsss]

fuck .

DEV lunanch  3 coin at same time.

https://bitcointalk.org/index.php?action=profile;u=210003;sa=showPosts


scamer

[Manwe]

- Block reward 10,000 estimated (may be higher)
- Total coin supply: One Centillion (1 ~303) =


Are you kidding me?

[delphs]

I can live with clones, meme based coins, flavor of the month coin, spoof coins, but this douche of pre-mine and 3-4 coins launch at the same time actually made me appreciate offensive and racist coins ...

Centillion? really?? why do you even bother with life?

[SuzukiAkito]

It's my first time seeing all those zeros in a crypto wtf O_o

Can't really say its a scam but it looks very edgy..

[sase007]

Hahahahahahaha

So manyyy coins....

It is scrypt or sha256?

sha 256 I guess...


Edit for OP:

I dont know how much you know about this but more coins != profit...

I would like to see someone counting daily earnings... -
So I mined only 10 000 000 000 today... Damn it!

[VST]

dear op,

your premine fucking sucks

there is literally zero reason for the premine to be above 0.5% other than for you to profit.

congrats, you can type a bunch of fucking zeroes into code that's not yours.

also, have fun dealing with number overflow. you probably didn't even think of that issue because you're not a programmer

wait a fucking second...

rom the international enterprise team who bring you GoldBar, Silverbar and PlatinumBar is the new BitCredits (Credits).

HAHA, get the fuck out


sincerely,

fucking everybody

[bitwho]

where are the mods. there's gotta be a limmit. you allow something like this , what is next?

[delphs]

Hahahahahahaha

So manyyy coins....

It is scrypt or sha256?

sha 256 I guess...


Edit for OP:

I dont know how much you know about this but more coins != profit...

I would like to see someone counting daily earnings... -
So I mined only 10 000 000 000 today... Damn it!

it's SHA-2560000000000000000000000000000000000000000000000000000

[sase007]

Hahahahahahaha

So manyyy coins....

It is scrypt or sha256?

sha 256 I guess...


Edit for OP:

I dont know how much you know about this but more coins != profit...

I would like to see someone counting daily earnings... -
So I mined only 10 000 000 000 today... Damn it!

it's SHA-2560000000000000000000000000000000000000000000000000000

LoL

where are the mods. there's gotta be a limmit. you allow something like this , what is next?

Alt with infinite coins?

Who do you expect to mine this coin? Blind people??!

Hahaha, good point

[wwtree]

r u kidding me ?


2500000000000000000000000000000000000000000000000000000000000000000000000000000 00000000000000000000000

[sase007]

Op:

Dont you want to erase some 000?
No-one would realise it 

[lichao1395427]

so ,lets  1 2 3 4 5.............303   o  yeah   it is 303  "0"

[Mylo]

- Premine: 3.5%
An estimated Pre-Mine of 3.5% is required for promotions, currency development and ensure future giveaways and use to make a positive difference to the world by relieving poverty, providing financial opportunities and improving real world social problems through donations, work and provision of opportunity.

Same story, different crapcoin. Next!