Original Launch Announcement:
https://cryptocointalk.com/topic/5509-pre-ann-the-petrodollar-p-big-oil-comes-to-crypto/
The PetroDollar (p$)Big Oil Comes To CryptoThis coin has been designed to have a 1:10000 relationship to barrels of oil still existing in the ground.
p$1 = 1,000 barrels
Oil consumption increases at an average rate of 1.429% per year for the last decade
http://www.indexmundi.com/energy.aspx1,221,074,628,164 barrels remaining
"World Proved Reserves of Oil and Natural Gas, Most Recent Estimates - Energy Information Administration (EIA) - Data from BP Statistical Review, Oil & Gas Journal, World Oil, BP Statistical Review, CEDIGAZ, and Oil & Gas Journal."
http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=5&pid=57&aid=689,343,600 pumped per day in 2012
http://www.eia.gov/cfapps/ipdbproject/iedindex3.cfm?tid=5&pid=53&aid=1Avg yearly rate of increase in output over past 4 years: 1.082%.
Average consumption/output disparity: 0.347%
Days until oil ends: 13667.17513245492682
Coin Maximum: p$122,107,462 (10,000 barrels per coin)
5 minute transaction time
288 blocks per day
120 blocks to mature
Blocks 105,120 per year
SHA-256D
Kimoto's Gravity Well
43200 blocks (150 days): 50% payout (p$61,037,314) or block reward of 1412.90078704
After block 43200:
Year 1-5 (blocks 43201-568800): 3170769.55844155 (30.16333293)
Year 5-10 (blocks 568801-1094400): 1585384.77922077 (15.08166646)
Year 10-15 (blocks 1094401-1620000): 792692.38961038 (7.54083323)
Year 15-20 (blocks 1620001-2145600): 396346.19480510 (3.77041661)
Year 25-30 (blocks 2145601-2671200): 198173.09740250 (1.88520830)
Year 35- (blocks 2671201- ): 99086.54870120 (0.94260415)
Until block 43200, fees are 1.429% of TX, destroyed
Year 1-5 (blocks 43201-568800): 1.429%
Year 5-10 (blocks 568801-1094400): 2.858%
Year 10-15 (blocks 1094401-1620000): 5.716%
Year 15-20 (blocks 1620001-2145600): 11.432%
Year 25-30 (blocks 2145601-2671200): 12.864%
Year 35- (blocks 2671201- ): 15.728%
All fees are destructive, forever.
ZERO PREMINEOriginal Launch Announcementhttps://cryptocointalk.com/topic/5509-ann-the-petrodollar-p-big-oil-comes-to-crypto/ZERO PREMINEpetrodollar.conf server=1
listen=1
addnode=162.243.147.115
rpcuser=petrodollarrpc
rpcpassword=changeme
rpcallowip=127.0.0.1
rpcport=23931
Windows Qt Wallethttps://docs.google.com/file/d/0B0Ui324JBcO1QXYyYnJ1NzVXS3Mhttps://www.virustotal.com/it/file/2cd60a9504feecf53499d011f4d4c73af40cc88bc2414b4f6f8e5554c667d94b/analysis/1392799397/MacOS Qt Wallethttps://docs.google.com/file/d/0B0Ui324JBcO1OTRTNkpTZDRVSTgLinux Qt Wallethttps://docs.google.com/file/d/0B0Ui324JBcO1LUZyTFVXOXQ2a3cGitHub Repohttp://github.com/bryceweiner/petrodollarTwitterhttp://twitter.com/thepetrodollarWebsite[/u]
http://petrodollar.orghttp://thepetrodollar.orgMain NetPort = 23932
RPC Port = 32923
Test NetPort = 28072
RPC Port = 27082
POOLShttp://coinminer.net:20002/static/petro.coinswim.com
petro.hashfast.de
http://petro.hasher.ca/ https://kgw.deadly-silence.org/index.php?page=dashboardEXCHANGEhttps://allcrypt.comhttps://coin-swap.net/market/PTR/http://penny-alts.co.uk/BLOCK EXPLORERShttp://petroinsight.buddylabsapps.com/http://petroexplorer.org/chain/petrodollarPeak oil projections via TheOilDrum.com
PetroDollar projections via @PennyAlts and @Bigdaddybtc
Reddit:
http://www.reddit.com/r/thePetroDollar/
