[ANN]🔥🚀 Gentlemen Coin | For true Gentlemen only | PoW & Masternodes 🔥🚀

[mr_gent]

Did you know that Gentlemen Coin has an integrated Voting system?

How does it work?
10% of all Block Rewards are held in a fund, which is only accessible through proposals. Everybody is able to submit a new proposal. The collateral to do so is 50 Gents. The idea behind is, that everybody can request coins for good projects and if the community agrees this is working as a funding tool.

Only Masternodes have the ability to vote (1 vote per Masternode) "yes" or "no" to the proposals. Proposals are paid out every month in superblocks.
You can find a detailled description abdout the proposal process here: https://www.gentlemencoin.com/budgets/2018/6/26/how-voting-works

We started a first proposal from our side to pay our devs in vietnam (yes, they don't work for free  ) - we are proposing a monthly payment of 10000 Gent Coins which we will use to pay their invoices. We hope to come up with more resources from the community to implement new features, but until then we need to be able to pay for them. So if you are running a masternode we kindly ask you to take one minute, open the console and vote yes with the following command:

mnbudgetvote "many" bd6e16d8af64c1b11a7dcc4dfc86cd6b640783a11c3b569c8fab925c9925d584 yes

Details of this proposal:
https://www.gentlemencoin.com/budgets/2018/6/26/gentlemen-coin-dev-team

[mr_gent]

well sir , i think i realy like the gentlecoin and the miningalgo "quark "is also a very good choiche but i have to say that reading the OP is a little difficult because you used real small characters in the pic's in OP , maybe better clear that in your announcement

Thank you for the feedback - we will work with it and change

[mr_gent]

Masternode presale has ended - we will start masternode auctions here: https://discord.gg/GJTjquA (discord) very soon - they will be announced by the dev team - stay tuned!

[peter054]

selling 2000 coins for the masternode. write in PM

[SyrioForElle]

This coin seems to needlessly target only 50% of the world's population...

Women are an important part of the Crypto world. Here's an article as an example of that: https://insidebitcoins.com/news/indian-women-invest-more-in-cryptocurrencies-than-men/147340

[mr_gent]

We are pleased to give you some updates on the progress and an outlook where our project is heading:

1. With the help of our bounty campaigns, marketing efforts and your support we managed to increase the size of our community significantly. Within 2 weeks we have now more than 550 Discord users, a large number of bounty participants and some more than 60 masternodes in the network. This is a very healthy growth rate and we are very happy about those results and thank everybody for the support. At the same time we want to encourage you even more to spread the word and help to grow our community further.

2. We are currently evaluating a new service which we intend to launch - a one click masternode setup service, managed through a gentlemencoin platform, which enables you in the beginning to hast Gent Coin Masternodes, and later on also masternodes from other coins. The System will be fueled by Gent coins and you will not have to worry anymore about setting up servers on Vultr (the system will do this for you automatically). Masternode setup and maintenance is a tidious task and we believe Gentlemen should have a service like this.

Further plans include a service to share masternode for those not able to invest a full node. We are in progress to update our whitepaper and roadmap with those new services and will keep you updated about projections for release dates.

3. We will make some changes to the protocol in the next release (which will be released in the following days). We decided to increase incentives for masternodes by increasing masternode rewards from 45% to 70% of block reward. The new reward structure will look as follows:

Masternode Rewards: 70%
PoW (Mining) Rewards: 20%
Governance: 10%

Block rewards will stay the same (20 Gents), declining monthly. Mining will remain only possible through solo mining (Wallet).

[PotatoPants]

I'm wary that Masternode holders can vote on changes such as these as Im not sure you are always going to get what is best for the community at large.

For example, Point 3 (increasing Masternode Payment %) is basically only beneficial to Masternode holders. Other regular miners will see less return on investment. From the MN Holder point of view its a great idea, but for everyone else, it's a disincentive to mine.

We are pleased to give you some updates on the progress and an outlook where our project is heading:

1. With the help of our bounty campaigns, marketing efforts and your support we managed to increase the size of our community significantly. Within 2 weeks we have now more than 550 Discord users, a large number of bounty participants and some more than 60 masternodes in the network. This is a very healthy growth rate and we are very happy about those results and thank everybody for the support. At the same time we want to encourage you even more to spread the word and help to grow our community further.

2. We are currently evaluating a new service which we intend to launch - a one click masternode setup service, managed through a gentlemencoin platform, which enables you in the beginning to hast Gent Coin Masternodes, and later on also masternodes from other coins. The System will be fueled by Gent coins and you will not have to worry anymore about setting up servers on Vultr (the system will do this for you automatically). Masternode setup and maintenance is a tidious task and we believe Gentlemen should have a service like this.

Further plans include a service to share masternode for those not able to invest a full node. We are in progress to update our whitepaper and roadmap with those new services and will keep you updated about projections for release dates.

3. We will make some changes to the protocol in the next release (which will be released in the following days). We decided to increase incentives for masternodes by increasing masternode rewards from 45% to 70% of block reward. The new reward structure will look as follows:

Masternode Rewards: 70%
PoW (Mining) Rewards: 20%
Governance: 10%

Block rewards will stay the same (20 Gents), declining monthly. Mining will remain only possible through solo mining (Wallet).

[disbil]

The project really taking a unique concept, and as from the concept of this project look like it will give the idea that it will be available for man.
Does it mean all the investors would be needed to do a verification before they are able to invest in the project.

[mr_gent]

We will conduct another flash masternode sale!

5 Nodes are for sale in total - price per Node is only 0.2 BTC - we will not provide install service as we did during the presale phase.

Get your masternode now: https://discord.gg/GJTjquA

[peter054]

selling 2000 coins for the masternode - 0.14 BTC, write in PM

[butcher_spam]

Hello gentlemen's community. I've been looking for a project like this for a long time, but now I've found you, and I'd be happy to share your project with other gentlemen.

[PotatoPants]

Also selling 2000 Coins (enough for a Masternode). Price is 0.08 BTC for 2000
Happy to do exchange in smaller denominations to ensure safety for both parties, or sell less coins at a pro-rata rate if you don't need an entire 2000.
Message me on PM if you're interested

[mr_gent]

New Gentlemen Coin Release 1.0.2 is out!
This is a mandatory update - please update your wallets, masternodes and servers!

Changes:
- adjusted reward structure (70% Masternodes, 20% PoW Solo Mining, 10% Governance)
- fixes
- brand new OSX Wallet

wallet win (x64)
https://github.com/gentlemencoin/gentlemencoin/releases/download/1.0.2/gents-QT_v1.0.2_Win64.zip


wallet ux (>=16.4)
https://github.com/gentlemencoin/gentlemencoin/releases/download/1.0.2/gents-QT_v1.0.2_Linux_64.zip


wallet osx
https://github.com/gentlemencoin/gentlemencoin/releases/download/1.0.2/Gents-QT_v1.0.2_MacOSX.zip

[mariana1]

the bounty hunters here are hard working even though the number of participants is not many.

[butcher_spam]

the bounty hunters here are hard working even though the number of participants is not many.

Believe me, when you really like the project and you are ready to root for it not only with thoughts, but also with soul, in this case, talent opens. And the desire to be part of the team does not leave you.

[jaksone]

One of the advantages of the Gentlemen Coin project is having the voting power to determine the wisdom of the decision .. .good job

[mr_gent]

New Masternode Reward Structure - numbers looking good 🙃

[aurellio]

the bounty hunters here are hard working even though the number of participants is not many.

Believe me, when you really like the project and you are ready to root for it not only with thoughts, but also with soul, in this case, talent opens. And the desire to be part of the team does not leave you.

As a beginner it still requires more knowledge and always read and learn to add insight, in this project it must work hard and always rack my brain to get results as expected, so do not give up, Gentlemen coin provides an opportunity to move forward and develop.

[maaldaz]

This is a unique concept i think, The project is directed only for man, especially gentleman.
Even though I still can't really describe the different between a man and a gentleman.

[butcher_spam]

This is a unique concept i think, The project is directed only for man, especially gentleman.
Even though I still can't really describe the different between a man and a gentleman.

For those who still do not understand the difference between a man and a gentleman. I suggest you read, I think the article will be very useful to you, especially for potential gentlemen.
http://www.mandatory.com/living/1132507-difference-man-gentleman