Folks today we are proud to present you 3rdcoin, it’s a coin of BITCOIN 3.0, This is a game changing day for each and every one of you.
It’s 100% from scratch with innovative elements. Written in HAXE
hybrid PoW + PoS System (IPO + free mail give-away + mining)
3rdcoin will be spread partly among investors. But even if you are not willing to participate in investing BTCs at early stage - you can get your way into our coin, as well:
Several ways to get 3rdcoin (currency abbreviation 3RD)
A) Early-bird investor: OPEN. All early-bird investors will share 45% of 3RD ,the left 55% will be mined.
B) Free e-mail give-away! Simply reply this topic and note down your email address. Only serious bitcointalk profiles are considered: Your account must exist before 27th of February 2014.
C) Trading: no exchanges so far. Of course you can exchange p2p on bitcointalk or elsewhere right after the launch.
There will be a total of 20,000,000 3RD after mining is done. Mining will be completed within nine months. After mining is done no more can ever be made by anyone. No inflation can happen. Due to the fast end of mining it is expected to get a higher price per unit at the end of 2014. Also, no ASICs will be built for this coin.
Of course you can consider to go more than one way. However all your investments may not exceed in total 2 BTC.
Translations:
- Japanese translation
- Chinese translation
- Russian translation
- Spanish translation
- German translation
- Italian translation
- French translation
- Portuguese translation
Fairness & Transparency
You can donate only values between 0.01 and 2 BTC. We do not want any larger stakeholders as it’s the case in the NXT community right now! We want to spread and split 3RD as much as possible among the community!
Mining will start really smooth and fair. There will be empty blocks at the beginning so that there is no need for a hustle on launch time. Just take a cup of coffee first and then start your rigs.
Mining
- 9 month mining frame
- No ASICs will be involved ever in 3rdcoin (mining frame is too short to produce an ASIC in time)
- fair launch - starting with empty blocks
- GPU friendly
- no pre-mining
Risks
- This is what most of you are worried about: On of us just could take your BTC investments and have fun with it (scamming). Well first of all the 2 BTC cap prevents that someone invests too much money initially. If you are really concerned about this aspect, wait for the mining/trading part. It is up to you! We do not push anybody here.
- Someone could steal all investments: This is not likely to happen (highly secured offline wallet and backup)
- for sure there are more risks to be concerned about
NXT vs 3rdcoin
NXT has already launched and has much talking about. No doubt. 3rdcoin is not a descend or clone or anything related to NXT. It’s coded from scratch. There will be features that NXT do not have. And it will be fully open source one day. You cannot be 100% sure that NXT do not have a hidden trap in their current binaries or something.
NXT does not have a mechanism to prevent typos in transactions or to detect swapping bits in transactions. 3rdcoin developer will invest a high amount of time to make transactions safe! Typos will be detected as well as swapping bits within network or computer layer. You do not have to remember an address of someone. You can register, buy and sell aliases for them de-centrally!
Feature list
- basic wallet GUI tool , account overview, send and receive 3RD.
- block explorer integrated
- register, sell and buy aliases within the client (de-central, p2p market integrated!)
- Distributed Exchange: Buy 3RD for BTC, or BTC for 3RD, as well as trading user-defined assets for either.
- Chat system: chat with any alias/ account you like de-centrally
- User Defined Assets: Create your own assets on top of 3RD, and buy and sell them on the distributed exchange.
- Feeds: Broadcast information from an address, which is distributed across the network.
- Contracts for Difference: Allows for derivatives-style trading, with leverage.
- Dividends: Pay dividends on user-defined assets.
- Attach messages within a transaction (e.g. a reference id etc.)
- Auto-update (can be turned off in option menu if you like to compile it yourself), enabled by default
- Highly secured transactions: error correction, detecting swapping bits (and more in whitepaper)
- Secure wallets: Using a random file or a file of your choice (image, sound file, system file etc.). Only you should know what file is needed for your authentication. Then you could store your 10,000 photos from your last holiday on an USB stick. Only you will know what special picture will unlock your account!
Extended feature list
- Trade automatically
- Vote system
- Multi signature
- Distributed Storage
- Advanced DDOS protection
- Reputation System
- Arbitrary Messaging
- Hardware Wallets
- more will be announced in the whitepaper.
Investment
Bitcoin address: 1E73wmtMUwE55QiBJDmnjh4mfN7sM67TsV
After transferring write a PM to 3rdcoin OR reply this topic on bitcointalk with the following:
- transaction ID (TXID)
- Amount
- email address
You will need access to this email on launch day to receive the equivalent of your investment!
Timeline
1) Announcement: 28th February 2014 on bitcointalk exclusively
2) Investments until 22nd April 2014 15:00:00 GMT.
3) Releasing whitepaper on 03rd April 15:00:00 GMT
4) go-live: ETA May 2014
5) mining day! (Will be shortly after the go-live maybe 1 or 2 weeks)
As stated - nobody can guarantee this will be a success, however, we truly believe that 3rdcoin has great potential and it will provide essential and new features. The investment will go to a BTC address on a highly secured computer - running a light Linux distro, freshly installed, nothing else on it, just the encrypted wallet! And a backup on three encrypted sticks in a safe.
Unlike NXT, our SOURCE CODE will be 100% released ON THE DAY of LAUNCH. All developments have been carried out and are being refined. WE WILL POST PICTURES AND MORE DETAILS WEEKLY. Be excited!
Please share your thoughts. Good suggestions are always welcome. We will do the very best to get 3rdcoin working - to have a smooth and fair launch and to keep it long-term as a real next gen crypto. Not a pump&dump action. We want to change the crypto scene permanently!
Folks, get ready for the revolution you've all been waiting for. 3RD GEN IS HERE.
