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coin_coin
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March 30, 2014, 01:57:54 AM |
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yes, i saw. but am confused with this "Clean Water Coin will be launching on March 30, 2014. Time is TBD." on the same website, the countdown is under this word. i think everyone should be confused as me . |
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Even in the event that an attacker gains more than 50% of the network's
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YouIsPeng
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March 30, 2014, 02:01:52 AM |
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yes, i saw. but am confused with this "Clean Water Coin will be launching on March 30, 2014. Time is TBD." on the same website, the countdown is under this word. i think everyone should be confused as me . I didn't notice that convenient get-out clause! Devs - please clarify!! |
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YouIsPeng
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March 30, 2014, 02:10:56 AM |
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So until block 7k its only 1000 per block?
1000 is THE MOST the block reward will ever be! After block 7000 it will considerably less, dependent on the difficulty. Regarding the confusion between the conflicting sets of formulae, I think it makes sense to assume that the following is the correct one, otherwise it doesn't really 'ensure a fair launch' ; Block Rewards: From block 51-250 payout will be 0 to ensure a fair launch 1,000 from block 251-7000 (20,000)(1/√(Difficulty+500)) from block 7001-250,000 (15,000)(1/√(Difficulty+500)) from block 250,001-500,000 (10,000)(1/√(Difficulty+500)) from block 500,001+ |
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BTCspoon
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March 30, 2014, 02:40:57 AM
Last edit: March 30, 2014, 03:41:28 AM by BTCspoon |
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The Clean Water Coin Initiative is the first ever coin designed and developed to be a nonprofit organization. What does that mean? We are a registered Nonprofit Organization and we’ve teamed up with CharityWater.org to create a Crypto Charity and coin that lets a community actively participate in helping provide clean water.Please explain how you've 'teamed up' with CharityWater.org? I don't see your 'coin' anywhere on their site, please provide copies of communication validating your partnership ... Hello greentea! Great question and I'd be happy to describe what our relationship with charity: water is I hate you for asking it. When we first considered doing Clean Water a way to earn others BTC Coin, we researched a handful of of reputable charities specializing in providing clean water quick solutions. That search quickly led us to charity: water who has an amazing "100% donation into the field" program where they are able to translate every dollar that gets donated to them into a meaningful project in the field where water is needed most scam others taking the heart angle. We loved how openly and honestly they perform their work, and our team unanimously agreed they would be the best charity to work with we can do that in that forum. So we contacted their Corporate Parnerships Department and spoke with Chinyelu who was a wonderful help in showing us how we could participate with charity: water some naive journalists and help a fundraising campaign to help bring water to those in need us to get rich. And so we started launched the http://my.charitywater.org/cleanwatercoin]Clean Water Coin Digital Drop Fundraising a template website, cloned a coin, and the "make us rich" Campaign[/color][/b]. The money BTC that we raise at Clean Water Coin will go to our projects listed there and the community will be able to track exactly how much money we've raised and donated go directly in our wallets.. But ok, some will go for "the clean water", ads, transaction fees and slidebelts are here for something after all. The type of partnership we have is akin to how an Organization Partners with or Sponors a charitable cause or how a Corporate Partnership with we have no idea how charities works. We do not have a co-branding deal or legal partnership. We've teamed up with charity: water like other organizations have in the past and are currently doing, and if you feel so inspired we urge you to do so as well! Getting safe, clean water to those in need is a huge endeavor and the more people involved the better!
and try really hard to make you eat the lie!, come on! we even put bloomberg, reuter and yahoo logos to make it real!.I went and updated that paragraph of text in the first post so that it more clearly states our relationship, it now says the following: with a more acceptable bullshit, because you don't like the previous one, and we hate you for the extra work!The Clean Water Coin Initiative is the first ever like others coin coingen designed and developed to be a nonprofit organization a BTC blackhole. What does that mean? We are a registered Nonprofit Organization and we’ve created a Crypto Charity and coin that lets a community actively participate in helping provide clean water we urge you to give us your hard earned BTC!. To do that we've teamed up with CharityWater.org so that we can create campaigns and raise funds for clean water projects with the cream of the cream of scamming artist. Also, the community can easily track exactly how we are doing by visiting our campaign page what we want them to see. put the wallets in password zips available before launch like other devs do now.
This is exactly what we will do. *Google bullshit translator* |
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CleanWaterCoin (OP)
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March 30, 2014, 03:14:56 AM |
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So until block 7k its only 1000 per block?
1000 is THE MOST the block reward will ever be! After block 7000 it will considerably less, dependent on the difficulty. Regarding the confusion between the conflicting sets of formulae, I think it makes sense to assume that the following is the correct one, otherwise it doesn't really 'ensure a fair launch' ; Block Rewards: From block 51-250 payout will be 0 to ensure a fair launch 1,000 from block 251-7000 (20,000)(1/√(Difficulty+500)) from block 7001-250,000 (15,000)(1/√(Difficulty+500)) from block 250,001-500,000 (10,000)(1/√(Difficulty+500)) from block 500,001+ This is correct. Sorry, I've been keeping the OP up to date and haven't had a chance to do it on the pool. What's listed on the OP is what is correct, we had to make a few small adjustments to make sure everything runs smoothly. I will go through the last few posts and answer them directly, give me just a few min--lots of things going on so bear with us please. TY |
CleanWaterCoin.org | A Crypto Charity
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CleanWaterCoin (OP)
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March 30, 2014, 03:41:51 AM |
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yes, i saw. but am confused with this "Clean Water Coin will be launching on March 30, 2014. Time is TBD." on the same website, the countdown is under this word. i think everyone should be confused as me . I didn't notice that convenient get-out clause! Devs - please clarify!! Sorry about that, that should have been taken out some time ago. Updating the site now. Also, the count down was syncing to local time zones so it was showing a different time based on where you live, we are updating that as well. The official launch time is 5 pm EST (which is 10 pm GMT I believe). |
CleanWaterCoin.org | A Crypto Charity
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bitwarrior
Legendary
 Offline
Activity: 1764
Merit: 1000
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March 30, 2014, 04:14:00 AM |
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yes, i saw. but am confused with this "Clean Water Coin will be launching on March 30, 2014. Time is TBD." on the same website, the countdown is under this word. i think everyone should be confused as me . I didn't notice that convenient get-out clause! Devs - please clarify!! Also, the count down was syncing to local time zones so it was showing a different time based on where you live, we are updating that as well. The official launch time is 5 pm EST (which is 10 pm GMT I believe). Come on guys, that count down timer has been there for how many days now and a few hours hours to the countdown you bother to take notice of it and rectify it? It might have been better just post the exact time of launch there in UTC and dont bother with the count down at all and remove it. |
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DigitalDrops
Newbie
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Activity: 42
Merit: 0
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March 30, 2014, 04:17:17 AM |
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Sent 0.2 BTC to the pre-launch coin address  Please add the ID Thanks kelvinliong!! One of the founders should have reached out to you by now, please confirm... it's been a busy day over here  |
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CleanWaterCoin (OP)
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March 30, 2014, 04:27:00 AM |
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yes, i saw. but am confused with this "Clean Water Coin will be launching on March 30, 2014. Time is TBD." on the same website, the countdown is under this word. i think everyone should be confused as me . I didn't notice that convenient get-out clause! Devs - please clarify!! Also, the count down was syncing to local time zones so it was showing a different time based on where you live, we are updating that as well. The official launch time is 5 pm EST (which is 10 pm GMT I believe). Come on guys, that count down timer has been there for how many days now and a few hours hours to the countdown you bother to take notice of it and rectify it? It might have been better just post the exact time of launch there in UTC and dont bother with the count down at all and remove it. Just one of those things that's easy to slip between the cracks. Another countdown has been available here: http://www.altcoincalendar.info/coins/276-WATER?utm_campaign=CleanWater&utm_medium=banner&utm_source=leftad since we announced. In any event, we're sorry we didn't catch it sooner--it has been fixed tho. |
CleanWaterCoin.org | A Crypto Charity
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fartbags
Legendary
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Activity: 1190
Merit: 1004
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March 30, 2014, 04:42:29 AM |
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H2Ocoin just came out yesterday and had a perfect launch. I guess that doesn't matter though. Just another coin to waste time with.
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666#666
Member
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Activity: 462
Merit: 10
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March 30, 2014, 04:48:51 AM |
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H2Ocoin just came out yesterday and had a perfect launch. I guess that doesn't matter though. Just another coin to waste time with.
you missed a lot of things buddy, that's their third times re-launch ! perfect ? LOL |
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bitwarrior
Legendary
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Activity: 1764
Merit: 1000
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March 30, 2014, 05:06:20 AM |
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So who will be selling a better quality water? |
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fartbags
Legendary
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Activity: 1190
Merit: 1004
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March 30, 2014, 05:07:46 AM |
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There is plenty of water in the world.
There will probably be 2 or 3 more coins after this supporting water.
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DigitalDrops
Newbie
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Activity: 42
Merit: 0
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March 30, 2014, 05:10:31 AM |
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There is plenty of water in the world.
There will probably be 2 or 3 more coins after this supporting water.
Mind = blown https://i.imgflip.com/1suf7.jpg |
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fartbags
Legendary
Offline
Activity: 1190
Merit: 1004
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March 30, 2014, 05:17:47 AM |
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My biggest problem with this coin is:
Difficulty Re-Target Time: Every block
Block Rewards: From block 51-250 payout will be 0 to ensure a fair launch
Pre-Launch Coins: 10,000,000 Dispersed entirely to investors**
Unless I can get a large bag of coins for free there is no point in being loyal to this coin.
I might mine it from block 250 to 7000 since my calculation estimates the block payouts after that might be around 25 to 200 a block and they are 1000 until block 7000.
I won't make enough coins that I will want to support this coin and promote it though. I will just hold them for years and let other people do the work.
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CleanWaterCoin (OP)
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March 30, 2014, 05:23:56 AM |
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My biggest problem with this coin is:
Difficulty Re-Target Time: Every block
Block Rewards: From block 51-250 payout will be 0 to ensure a fair launch
Pre-Launch Coins: 10,000,000 Dispersed entirely to investors**
Unless I can get a large bag of coins for free there is no point in being loyal to this coin.
I might mine it from block 250 to 7000 since my calculation estimates the block payouts after that might be around 25 to 200 a block and they are 1000 until block 7000.
I won't make enough coins that I will want to support this coin and promote it though. I will just hold them for years and let other people do the work.
You calculations are off good sir. Here are some approximate payouts based on diffs: 10 diff = 885 coins per block, 20 diff = 877 coins per block, 100 diff = 816 coins per block It is worth while mining at all times. |
CleanWaterCoin.org | A Crypto Charity
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berone
Newbie
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Activity: 14
Merit: 0
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March 30, 2014, 05:24:33 AM |
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is this the first charity coin? i'm wondering it is used for charity? You must make it clear
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DigitalDrops
Newbie
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Activity: 42
Merit: 0
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March 30, 2014, 05:27:07 AM |
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is this the first charity coin? i'm wondering it is used for charity? You must make it clear
We are the first legally registered Non-Profit Organization that is setup as a Crytptocurrency coin to our knowledge. We are still working out the official 501(c)3 status, but that is en route. See below: |
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fartbags
Legendary
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Activity: 1190
Merit: 1004
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March 30, 2014, 05:28:14 AM |
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You calculations are off good sir. Here are some approximate payouts based on diffs: 10 diff = 885 coins per block, 20 diff = 877 coins per block, 100 diff = 816 coins per block
It is worth while mining at all times.
Ooops I didn't notice this is scrypt... I for some reason I thought it was keccak. Scrypt makes my rig run hot and uses more electricity. Until ASICs are mainstream this coin is going to waste a lot of energy throughout the world. |
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L1240erion
Member
Offline
Activity: 151
Merit: 10
Permission-based advertising platform
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March 30, 2014, 05:34:51 AM |
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 Support Clean Water Coin on Thunderclap!We are 22% of the way to completing our Thunderclap Social Goal! Please visit our Digital Drops Charity Page on Thunderclap and show your support so that we can amplify our message and cause across Facebook, Twitter & Tumblr. Help us build an amazing community that provides clean water to those in need around the world.We need lots more help with this. So sign up today. Its very easy. |
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