[PRE-ANN] - Wecoin - Keccak - PUBLIC PREMINED COINS - Join the premine now.

[WeCoin]

Wallet Released:
https://www.dropbox.com/s/pgf222kb86zcjfb/wecoin-qt-1.0.0.1-win.zip


KGW will be implemented on launch to prevent instamine
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Wecoin - The First Public-Premine Coin
https://i.imgur.com/asFYzI1.png
Website | Premine Pool | Subreddit

Wecoin?
WeCoin is a decentralised peer to peer digital money based on the idea of Bitcoin, but with much improvement to security, speed and different unique economic model. It uses the new encryption standard SHA-3, instead of the previous standard SHA-2, to secure the network.

Exchanges
We will be listed on crytptocrush.in after the official launch.

Specifications

• Algorithm: Standard SHA-3 (Keccak)
• Total Coins: 100,000,000,000 WEC
• Block Time: 60 seconds
• Block Reward: 1-1,000,000 WeCoin per block, halving every ~2 months
• Difficulty: Retargeting using Kimoto Gravity Well algorithm

Improvements Compared With Bitcoin

• Transactions are 10x faster than Bitcoin
• 10x more secured than Bitcoin for using SHA-3 instead of SHA-2
• Consumes 10x less power than Bitcoin
• Permanent ASIC resistance

Different From other SHA-3 (Keccak) coins

• The first and only public-premine coin
• Transaction malleability issue is fixed
• Random block reward (From 1 to 1,000,000 WEC coins per block)
• Huge coins cap with 100,000,000,000 WEC coins

Public-Premine
There will be 20% of the coins are premined (approximately 20,000,000,000 - 20 billions coins). These coins will be shared fairly across miners and investors.

• 50% of premined coins (10 billions) will go to miners.
• 50% of premined coins (10 billions) will go to the investors.

Pools
http://wecoin.miningpoolhub.com

[nbphuoc]

Wow, public premined,  this is new.

[Jarod1231]

Why is every new coin either billions of coins or less than 100? 

[cryptohunter]

when i hear premined and invest bitcoins...... i start wondering who is about to get their pants pulled down.

[otila]

• Consumes 10x less power than Bitcoin

What a funny sentence

[zsnorbi]

This seems to be that you are pointing your miners to their pool, they will mine a coin with the pool powers, you will deposit with them bitcoins and at the and you will get nothing.

[cozk]

SHA-3 .... have fun... alone.

[gyan1269]

love sha-2
 support it
QQ 群  121245948 welcome

[nawazish1]

I am gonna pre-mine I think this is an awesome Idea if all the new releases do this. People will not need to setup solo-mining this means no wastage of time.

[nbphuoc]

I am gonna pre-mine I think this is an awesome Idea if all the new releases do this. People will not need to setup solo-mining this means no wastage of time.

And the coins will be well distributed too.

[joshua3m]

69.5 BTC

http://oi60.tinypic.com/sfxmqq.jpg

[Shawn Martin]

Oh sound good ! I will try 

[atleticofa]

I like the project. Something different, only that IPO should be done with escrow..

[st9999]

You can mine it but you can not spend it =))

[nawazish1]

69.5 BTC

http://oi60.tinypic.com/sfxmqq.jpg

Lol I saw that Stackcoin scam.  

[nawazish1]

You can mine it but you can not spend it =))

Obviously when there is no place to spend where would it be spent in the start..

[nbphuoc]

Is this a scam?
I deposited 0.001 BTC in exchange for 833,333,333.33 WEC
If they are traded at 1 satoshi I will get 8.3 BTC in return. Worth a try haha

[LAFreeze]

Hmmm did I just read ASIC-resistance and SHA3 in 1 sentence? My dear gentlemen, please do read up on SHA3 before stating such things... All SHA-algorithms are designed to be implemented in hardware, read: ASIC.

[nawazish1]

Is this a scam?
I deposited 0.001 BTC in exchange for 833,333,333.33 WEC
If they are traded at 1 satoshi I will get 8.3 BTC in return. Worth a try haha

Congrats. Please share some wealth after release with us the early adopters.

[Philll90]

What's the timeframe/deadline for the puplic-premine investors? Same like for the miners, 5 days?