[PRE-ANN][HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast

[con]

Can someone explain to me why lots of people around have the following issues:
- no understanding of economics (heavy ipo demand does not dilute the value, it actually confirms the value and raises it. Look at market ipo launches and share value, the difference being the release schedule and trade volume available). Heavy mining at start might drop the value, true, but that is not what a IPO is for. It is (generally) used to strengthen trust in a product, in this case that is definitely needed. If you invest heavy though, you can manipulate the market enough to get an advantage.
- The only problem with the previous statement is the lack of a public trading platform (e.g. exchange). This is needed shortly after start to avoid massive dumps at the start of trade.
- IPO is meant to strengthen a value of a share (in this case coin), not to get in cheap. You will definitely lose a little bit at the start. Depending on trade volumt  you can create more volume and thus have a strong position in the market.
- Use the font and bold options to state something that is either obvious while not in bold or has a high BS value attached to it.

Don't mind reading btc offers, do mind reading crap...



Now to get constructive:

Does any of the devs have a minerd (cpuminer) or other cpu miner source available at launch (I'm definitely going to do some optimizations and finding a lot)?
This is to ease stratum/management support.

[keccak512]

Pool mining is important to have ready for the launch.  This post contains important information for those interested in running Heavycoin pools.

As far as bounties goes, doge94 and crypomind are the first and second pools.  We are working with them to make sure everything is ready and tested before the launch.

Our plans (in-progress) are as follows.

1. Heavycoin stratum module (Keccak, done)
2. External miner - cpuminer (Keccak, in-progress)
3. Extend MPOS with voting extensions, to allows pool members to vote (Nomisugi, in-progress)
4. Make binaries for (1) and (2) available to pool operators for testing ahead of the release
    We will setup a VPS running a testnet wallet for the pools to connect to for testing

The goal is to have the mining pools setup and tested in advance.  After the launch all source code will be published to our github account.

If you are interested in running a Heavycoin pool, then please post to our pool miner thread and watch that place for important updates.  https://bitcointalk.org/index.php?topic=492261

Thanks to all who are helping out!

[kriptobit]

Hello,


Transaction ID :38f0aaffecef6efdb87cb32319185a568199f4386ea25fac902ed4443ffe2c24
Amount Sent 0.245 BTC



Please confirm


Regards

[keccak512]

Hello,


Transaction ID :38f0aaffecef6efdb87cb32319185a568199f4386ea25fac902ed4443ffe2c24
Amount Sent 0.245 BTC



Please confirm


Regards

Confirmed! Thanks for joining the Heavycoin IPO.  We will PM you with further details.

[mjflve]

Heavycoin Public Key: 043c0c1e7d9c80b78d379be0b4a23b952444648887dc49cd50088a4884ba65eed669043bd229b2a 7f7b0cf9c1f4dc00ae93c8bad2b29d40de06a078545ac13b7a8
Bitcoin Transaction ID: c3f69cb917c1cab8f047632588a611d33294c224751fbba2d822bb13c07f9bac
Amount sent: 0.0105 BTC

[keccak512]

Heavycoin Public Key: 043c0c1e7d9c80b78d379be0b4a23b952444648887dc49cd50088a4884ba65eed669043bd229b2a 7f7b0cf9c1f4dc00ae93c8bad2b29d40de06a078545ac13b7a8
Bitcoin Transaction ID: c3f69cb917c1cab8f047632588a611d33294c224751fbba2d822bb13c07f9bac
Amount sent: 0.0105 BTC

Got it!  Thanks.  You're confirmed.

[AtlasONo]

- IPO is meant to strengthen a value of a share (in this case coin), not to get in cheap. You will definitely lose a little bit at the start. Depending on trade volumt  you can create more volume and thus have a strong position in the market.

That may be true for a 100% ipo but miners can and will sell lower than ipo holders bought in at after you reach a certain tipping point.

[fudge]

Heavycoin Public Key:   04e99252843b403225430bff8b24a92222cb20158d43b48bc278e538616e9b6f4482e2e8fa41192 c211b3a625bb017948956711213a669c3e51bbbf85d44965233
Bitcoin Transaction ID: e977b4267bf0358b208904e29769e7c1580c208f89c6b2ff020502ca7dff4f6d
Amount sent: 0.15 BTC

may I have a confirmation please?

[koinsmart]

BUYING INTO THE IPO??? DON'T DILUTE THE POT FURTHER!!

I have a 20 BTC stake in this IPO, and would like to sell off 10 BTC.

The IPO total value is already almost 50 BTC. I would like to sell some of my IPO stake to reduce my risk. I believe it is still profitable up to a 75 BTC IPO Pool, and don't wish to see it increase by much more than 50 BTC.

If you're interested to buy a stake from me, please send BTC to 1DnqRRd5rB2pudB7kfo6yRxcUaqjEjwMcP.

Or PM me for more details. No additional charges.

Please PM me or Reply here with transaction details or proof after you have sent your BTCs.

Accepting up to 10 BTC. All additional BTC received will be refunded.

See updated list: https://blockchain.info/address/1DnqRRd5rB2pudB7kfo6yRxcUaqjEjwMcP

WHY am I doing this?

Because when I first invested, I calculated that it'd be profitable as long as the pot remains under 75 to 100 Bitcoins. I personally believe that if the pot remains at 50 BTC, IPO holders have a chance to make 2x or more profits. If it reaches 75 BTC, we might see 1.5x profit. However, as we're now almost at 50, I want to reduce my risk by half, and hence selling 10 BTC worth of shares.

By doing so, another 10 BTC can be injected into the pool, and hence fairer distribution, without having to add more BTC value to the pot and diluting it further.

I just sent you 4.3384BTC, so basically bought up the remainder of your 10 available. Thanks!

[keccak512]

Heavycoin Public Key:   04e99252843b403225430bff8b24a92222cb20158d43b48bc278e538616e9b6f4482e2e8fa41192 c211b3a625bb017948956711213a669c3e51bbbf85d44965233
Bitcoin Transaction ID: e977b4267bf0358b208904e29769e7c1580c208f89c6b2ff020502ca7dff4f6d
Amount sent: 0.15 BTC

may I have a confirmation please?

No problem.  Already confirmed by Nomisugi here: https://bitcointalk.org/index.php?topic=470391.msg5445329#msg5445329

Thanks for joining the Heavycoin IPO!

[koinsmart]

Heavycoin Public Key:   041689b41c103cce3ccb8e551c1de2d506e57d423818103783afcff48aad8868f24cd3bf6f81e8f ce544932ad6bec1713c13ad64fd6aadc50fd86e85c3dc4f7bcc
Bitcoin Transaction ID: 3a37e765be0b9644c09b65d43da01990e3ded32a8a5d306c8d980b4029460291
Amount sent: 0.6618 BTC

Pls confirm thanks!

[keccak512]

Heavycoin Public Key:   041689b41c103cce3ccb8e551c1de2d506e57d423818103783afcff48aad8868f24cd3bf6f81e8f ce544932ad6bec1713c13ad64fd6aadc50fd86e85c3dc4f7bcc
Bitcoin Transaction ID: 3a37e765be0b9644c09b65d43da01990e3ded32a8a5d306c8d980b4029460291
Amount sent: 0.6618 BTC

Pls confirm thanks!

You are confirmed.  Thanks for joining the IPO!

[symboler]

Transaction ID  :  41df9831165b63dbc896b8e0078cc36f146c0c6124a28267ad01e44c1d9e955c

Amount Sent  :  1.558 BTC

Please confirm.

[keccak512]

Transaction ID  :  41df9831165b63dbc896b8e0078cc36f146c0c6124a28267ad01e44c1d9e955c

Amount Sent  :  1.558 BTC

Please confirm.

Got it!  Thanks.  You're confirmed.

[Surfactant]

Heavycoin Public Key: 04b3bfaf86aab8c5db2c945af098bbcf434a6597feb052e7379ed13e1e849809ea86ba3c63f2734 2a33165da8695b850302a553f4da56575be62d4081c5a009127

Bitcoin Transaction ID: 37ac22323bf461632715b4c649b6e8f86f194b42a1b9985c21645d4d6ebb7015
Bitcoin Transaction ID: 375f8893426c6d45eec267b578deb81c6203b25b645d51a40f667c060c9915b2

Amount sent: 0.11 BTC
Amount sent: 0.09 BTC


Looking forward to this.

[leehack]

Heavycoin Public Key: 04ba75968101a7bf95a7a43b5587860e9a1f5e3e21c799ff4672d6a417b72e3dd30725054c705b3 63b9d0b254d6226141f02d80631a43c41b62480ebe7b3eb659f
Bitcoin Transaction ID: 0942a1e1695ed51c62853740289a6ec8edf88d7d61fb69003b1013ee52ffb2de
Amount sent: 0.1 BTC

Please confirm.

[Raggsock]

Heavycoin Public Key:   04a6bbe31021e1a36805cfb0a845dee85f058c4af6ab17499f548a4ae30281f2f23ab39419db0e0 b9d3a5144d7b52d52c46336a224c35633650c75e5f0098492e5
Bitcoin Transaction ID: 9ce14e3ea44ecac83a7437a3fe77fe653e5f5b6d6029c812885cee09e07abcf9
Amount sent: 0.10 BTC

Waiting for confirmation.

[dannac]

Transaction ID : 9a40f32fc5b3958b08facf7edc48c9f1148ddcd41dbe0a337672baca63bb451a

BTC amount sent: 0.1648014 BTC

Please confirm it when you get chance 

Thanks a lot !! 

[peterzz]

 Heavycoin Public Key:   0487a81bff971561b333b5fbacb7bea217dc5d7428118f8604b1ea9d659c14d57825c44d58fb8bc 110bf58c55c348da1de233fe8853c85740ed3e2160bc70649cb
Bitcoin Transaction ID: e1b3cb28ce6d7b3ba43f130b3cc4bb683c4d57f208149e14f2e397a37d00bda7
Amount sent: 1 BTC

[organofcorti]

@keccak512

Can you provide more information on the retargeting method? If I missed a discussion of it already, can you post a link?