[ANN] - CryptoEscudo - CESC - A cryptocoin for Portugal

[cryptoescudo]

Announcing CryptoEscudo [CESC]




Launched on March 25, 2014 20:00H UTC

A Portuguese cryptocoin for the 21st century.

As some of you may know, Portugal has been struggling with a serious debt crisis over the last years. Portugal is one of the European countries still under international financial assistance.

Our idea is not political. Our idea is simply a technical solution emerged from the world of the cryptoeconomy. Considering the financial problems we nowadays face in our country, we propose this: "Let's make our new money. Created by everyone and for everyone."

CryptoEscudo goals are:

1 - Create an international community of CryptoEscudo users.
 With everyone's interest and participation, using CryptoEscudo as a payment form, the coin will become more and more valuable.

2 - Distribute part of the premined CESC by the Portuguese people (about 15 000 000) living in the country or aboard.
15 CESC will be given to each Portuguese person who can prove his/her nationality and has not received them yet according to our records. This is expected to be a long and complex process that shall begin on April 25, 2014, a symbolic date and a national holiday known as the "Freedom Day".

3 - Achieve within 5 to 25 years a growing nominal value for CESC until it reaches, at least, 1000€. Appreciation of CESC shall be enough to pay our national public debt, which is about 220 000 000 000 Euros at the moment we are launching CryptoEscudo.
Part of the premined CESC will be kept long term and reserved for this purpose only.


Where is Portugal?




Want to know more about Portugal?

http://en.wikipedia.org/wiki/Portugal

http://en.wikipedia.org/wiki/2010%E2%80%9313_Portuguese_financial_crisis

http://en.wikipedia.org/wiki/Portuguese_Escudo


CryptoEscudo (CESC) specifications

1 000 000 000 total coins
45% premined (only 22,5% being airdropped next months/years)
New block every 2 minutes
600 coins per block first year - then 100/year decrease next 4 years
Difficulty retargeted with Kimoto's Gravity Well
POW Scrypt Algorithm (at least for first months)


CryptoEscudo (CESC) contacts

Web site: cryptoescudo.org

Twitter: twitter.com/cryptoescudo

Facebook: facebook.com/cryptoescudo

Email: cryptoescudo[at]gmail.com

Cellphone:  please request by PM

CryptoEscudo (CESC) Exchanges

Bittrex.com - The Crypto-Currency Exchange
  BTC-CESC

C-CEX - Crypto-Currency Exchange
  CESC-BTC
  CESC-DOGE
  CESC-USD


CryptoEscudo (CESC) Block Explorers

http://cryptexplorer.com/chain/CryptoEscudo



CryptoEscudo on the News:

http://www.coindesk.com/coindesk-guide-worlds-national-altcoins/
http://abertoatedemadrugada.com/2014/04/cryptoescudo-da-15-cesc-cada-portugues.html
http://tek.sapo.pt/noticias/computadores/pode_portugal_sair_da_crise_com_a_ajuda_do_cr_1378574.html#comentarios&swc_p=1
http://t3.sapo.pt/noticias/cryptoescudo-abitcoin-nacional
http://igaming.org/cryptocurrencies/news/cryptoescudo-the-saviour-of-portugal-/
http://www.ionline.pt/artigos/portugal/cryptoescudo-bitcoin-portuguesa-quer-pagar-divida-publica-0 - Newspaper cover on jornal i & 2 pages article
http://www.jn.pt/PaginaInicial/Tecnologia/Interior.aspx?content_id=3871690&page=-1 - CryptoEscudo mentioned on an article about Bitcoin
http://p3.publico.pt/actualidade/economia/12394/o-cryptoescudo-quer-ajudar-pagar-divida-publica-nacional
http://saldopositivo.cgd.pt/bitcoin-o-que-deve-saber-sobre-moedas-digitais - CryptoEscudo is mentioned on an article about Bitcoin and cryptocurrencies on the website Saldo Positivo of the Portuguese public bank Caixa Geral de Depósitos
http://blog.gryfencryp.to/2014/05/31/cryptoescudo/?utm_content=buffer87fb9&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer


Follow Us on our Forum CryptoEscudoTalk http://cryptoescudotalk.com


CryptoEscudo (CESC) needs

Looking for Pools (please PM to discuss)

Looking for Promotional Tools (in english for global target or/and able to be translated to portuguese)  (please PM to discuss)

Looking for Exchanges  (please PM to discuss)

Looking for Developers  (portuguese language required) (please PM to discuss)



CryptoEscudo (CESC) premined addresses




Please visit our website cryptoescudo.org for more details.

Visitem o tópico português em https://bitcointalk.org/index.php?topic=521351.0 - é instrutivo.

We welcome everyone to join us, support and share this project. This is a portuguese cryptocoin to be used by the world.



About rude posters here

Please note that this is a self moderated post. So we could easily delete any comment against our project. We only delete stupid fud and spam posters.
We do believe that anyone must have freedom of speech even when completely wrong.



CryptoEscudo team

[MisO69]

"In 2001, Portugal became the first European country to abolish all criminal penalties for personal drug possession. In addition, drug users were to be provided with therapy rather than prison sentences. Research commissioned by the Cato Institute and led by Glenn Greenwald found that in the five years after the start of decriminalisation, illegal drug use by teenagers had declined, the rate of HIV infections among drug users had dropped, deaths related to heroin and similar drugs had been cut by more than half, and the number of people seeking treatment for drug addiction had doubled.[38] However, Peter Reuter, a professor of criminology and public policy at the University of Maryland, College Park, suggests that the heroin usage rates and related deaths may have been due to the cyclical nature of drug epidemics, but conceded that "decriminalization in Portugal has met its central goal. Drug use did not rise.""

Because of this reason alone I will mine this coin.

[mega]

Any minor scrypt based coin will be dead within 6 months, top.
I'm Portuguese, and would love to see anything like this succeed, but if you really have a long term view for this coin, you should consider change the algo to something ASIC resistant. Until there, only Vertcoin has the potential to keep alive.

[unamis76]

Awesome! Hope this goes forward...

There's also this coin... https://bitcointalk.org/index.php?topic=512385.0 do you guys have anything to do with it?

Cá estarei para minar uma moeda tuga, seja esta, ou a outra!

No. In fact our testnet and wallets were running when their post was done. We decided to use cryptoescudo as name on 1st March. Working on website and such last few days.
Hope you can support us from launch.

Sure I can, I think every Portuguese miner will be here when this launches

[nymusr]

Hello!!!
I am from Portugal too.
A good old friend sent me your launch info.
I am in. Do you need some help? I am used to cryptos development for a while.
Aurora is showing how strong and serious countrycoins can be.
Go CryptoEscudo!

I will be around on launch time!

[wojteks102]

Hi I'm form Poland ,I ve heard about some economic problems of Portugal, but I approve this shitcoin ,I will mine this. Dev please do perfect start and this coin will have big value.

[ymer]

You are late to the party 

[wojteks102]

So start is today at 20:00 GMT time? Can't wait.

[cryptohunter]

where are the password zips with the wallets before launch?

That idea must have gone out of style. None of today's launches have them.

the first sign of a scam coin = no password zips with wallets before launch

a sure sign of some instamine scam about to take place by the devs and friends.

Avoid coins that do not provide wallets beforehand in password zips or rars.

[majorminers]

where are the password zips with the wallets before launch?

That idea must have gone out of style. None of today's launches have them.

the first sign of a scam coin = no password zips with wallets before launch

a sure sign of some instamine scam about to take place by the devs and friends.

Avoid coins that do not provide wallets beforehand in password zips or rars.

Indeed. Without the wallets what chance is there of a fair launch?

It also puts a ton of pressure on the pools and the launch - with much of it ending in criticism. Add in the 'huge Pre-Mine' and you have quite a few issues worth considering.

[elviselvis101]

Hi I'm form Poland ,I ve heard about some economic problems of Portugal, but I approve this shitcoin ,I will mine this. Dev please do perfect start and this coin will have big value.

he he, now shitcoin is the new black 

[djm34]

where are the password zips with the wallets before launch?

That idea must have gone out of style. None of today's launches have them.

the first sign of a scam coin = no password zips with wallets before launch

a sure sign of some instamine scam about to take place by the devs and friends.

Avoid coins that do not provide wallets beforehand in password zips or rars.

they don't need instamine 45% premine but only 22.5% airdrop, I assume the other 22.5% are the dev 

[wojteks102]

SOURCE CODE:  cryptoescudo.org/download/source.zip

Go go guys.

[Breizhou]

Yeah ! go go go !

[Xmm]

We need Wallet same time with source! Wtf ?

[Breizhou]

Mining work !

[sandman33]

Good launch guys

[JustLurkin]

lots of rejected shares. Is this normal?

[srb]

cryptoescudo.org/download/winsetup.exe

its from main site, check it if you like...was on IRC

no conf file though....too late to track it all down I think

[Flunder707]

Great launch!!  Now lets get focused on the wallets.