[ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info

[cryptohunter]

SPECIAL ANNOUNCEMENT BY THE WHITECOIN TEAM

The WhiteCoin team is proud to announce The whitecoinpool.com Competition. We believe this ongoing contest is guaranteed to further set WhiteCoin apart from the pack.
The Concept

The Proof of Stake coin has a bright future, but no cryptocoin is without its flaws. We believe other coins have made the mistake of leaning towards centralized currency value control. If a coin has only one “official” multipool, the fund managed by said pool then has an immense amount of influence over its coin’s value.  

The purpose of a single payout multipool is to guarantee value and volume for a currency, but not to exert control over it. To counter this problem, the WhiteCoin team is developing an official process by which we will be encouraging fair competition from all potential multipools. Whitecoinpool.com will serve as a forwarding address to the best performing pool.

The whitecoinpool.com Competition will be evaluating pools based on:

• Consistency & Level of returns
• Quality of security procedures & features
• Professionalism & quality of work by their leadership team
• Front end & Back end Uptime

We developed this plan together with chunkypools.com, and we’re pleased to tell you they intend to build a whitecoin payout pool once our Proof of Work stage is complete. As a reward for their hard work and innovation, you can consider them our first contest winners.

Ongoing Competition to Encourage Improvement of Services

Whitecoinpool.com will be forwarding to chunkypools.com until we begin rotating the address through our competition entrants, before declaring the next victor.  After the next winner is declared, we will re-evaluate again and declare a new winner on a set cycle.

We believe a dev-team’s responsibility is to ensure value in their coin. But WhiteCoin has taken a stand against any possible conflicts of interest in this matter. We want to have many successful multipools. We stand with our pools to encourage their best possible results as partners, not competitors.

Thank you for your ongoing support and interest in Whitecoin,

The WhiteCoin Team

We think this is a major development here at Chunkypools, members of our tradegroup are saying this could set whitecoin apart from blackcoin. With a system like this, there won't be one giant whale dictating prices in the market. Look how afraid everyone is right now of when the large multipools dump. This is a plan to directly address that, and Chunkypools is proud to have been a part of it.

What a great feeling to have whitecoinpool.com pointed at chunky!

Good news be very good to have a few multipools running before POW ends so the cross over keeps momentum in terms of mining. If whitecoin can carry across 80gh mining to the multipool and bring in sha256 miners too that would be cool. Be good to bring the sha256 in now.

[1714771276]

1714771276

[1714771276]

1714771276

[1714771276]

1714771276

[1714771276]

1714771276

[1714771276]

1714771276

[chunkypools]

SPECIAL ANNOUNCEMENT BY THE WHITECOIN TEAM

The WhiteCoin team is proud to announce The whitecoinpool.com Competition. We believe this ongoing contest is guaranteed to further set WhiteCoin apart from the pack.
The Concept

The Proof of Stake coin has a bright future, but no cryptocoin is without its flaws. We believe other coins have made the mistake of leaning towards centralized currency value control. If a coin has only one “official” multipool, the fund managed by said pool then has an immense amount of influence over its coin’s value.  

The purpose of a single payout multipool is to guarantee value and volume for a currency, but not to exert control over it. To counter this problem, the WhiteCoin team is developing an official process by which we will be encouraging fair competition from all potential multipools. Whitecoinpool.com will serve as a forwarding address to the best performing pool.

The whitecoinpool.com Competition will be evaluating pools based on:

• Consistency & Level of returns
• Quality of security procedures & features
• Professionalism & quality of work by their leadership team
• Front end & Back end Uptime

We developed this plan together with chunkypools.com, and we’re pleased to tell you they intend to build a whitecoin payout pool once our Proof of Work stage is complete. As a reward for their hard work and innovation, you can consider them our first contest winners.

Ongoing Competition to Encourage Improvement of Services

Whitecoinpool.com will be forwarding to chunkypools.com until we begin rotating the address through our competition entrants, before declaring the next victor.  After the next winner is declared, we will re-evaluate again and declare a new winner on a set cycle.

We believe a dev-team’s responsibility is to ensure value in their coin. But WhiteCoin has taken a stand against any possible conflicts of interest in this matter. We want to have many successful multipools. We stand with our pools to encourage their best possible results as partners, not competitors.

Thank you for your ongoing support and interest in Whitecoin,

The WhiteCoin Team

We think this is a major development here at Chunkypools, members of our tradegroup are saying this could set whitecoin apart from blackcoin. With a system like this, there won't be one giant whale dictating prices in the market. Look how afraid everyone is right now of when the large multipools dump. This is a plan to directly address that, and Chunkypools is proud to have been a part of it.

What a great feeling to have whitecoinpool.com pointed at chunky!

Good news be very good to have a few multipools running before POW ends so the cross over keeps momentum in terms of mining. If whitecoin can carry across 80gh mining to the multipool and bring in sha256 miners too that would be cool. Be good to bring the sha256 in now.

Absolutely, sha256 will be coming to Chunky. What we like the most about this is how it will encourage real competition between the pools. Multipools often have different approaches as to how they manage their funds, making each pool fight for "recommended" status regularly will only help even the playing field for everyone.

[ryanb]

are we expecting a spike in price once PoW is over?

[shanjun]

And the BC are brothers?

[djslick]

there are more than 1 blackcoin multipools by the way, just the main one is very competant and has grown very large.

but this competing multipool idea from WC is intriguing, it will be an interesting experiment at the least.

[Raxe.io]

And the BC are brothers?

Whitecoin and Blackcoin are just in friendly competition there is no animosity between both of the coins.

[djslick]

And the BC are brothers?

Whitecoin and Blackcoin are just in friendly competition there is no animosity between both of the coins.

yup.

the one thing that WC has that BC doesn't is the opportunity to carry over the 80GH DIRECTLY onto the multipools, if you can even build a multipool that fast that can handle that much volume

it is an enormous opportunity that if the WC team is smart, they will be paying developers with fiat directly right now to get it operational IMMEDIATELY.

just sayin. anything worth doing, is worth doing right.

[kyma]

reaching for 200million coins... is this PoW based on amount of coins or length of time?

[kyma]

i was with you all...until i just realized there are already 2.5 times as many WC as BC and mining is still active.. what's this?

That's called a rapidly increasing price we are talking about here right now.

edit: Soon.

A market flooded with coins does not equate to a rise in price. Sure high market cap but not necessarily a valuable coin.

[cryptohunter]

i was with you all...until i just realized there are already 2.5 times as many WC as BC and mining is still active.. what's this?

That's called a rapidly increasing price we are talking about here right now.

edit: Soon.

A market flooded with coins does not equate to a rise in price. Sure high market cap but not necessarily a valuable coin.

Indeed of course actually hitting 90 -44k in price is hmmmm unlikely. I would say 30-15k is very possible and higher but settle around 1/3 of black coin in price per coin.

Who knows but i know that white is doing rather well.

[r0ach]

It doesn't list minimum stake age on first page of this coin...what is it...

It should start staking in 8 hours. If you have a very small amount (under 100) then much longer.

I'm too lazy to look at source, but that's only if it's a Blackcoin clone.  I think it's based on Mintcoin, but not sure.

Needs to list minimum stake age on the first page regardless.

[Halofire]

1460... soon to be just a dream. you'll never get cheaper coins once PoW is over.

[ycm82]

1460... soon to be just a dream. you'll never get cheaper coins once PoW is over.

y

[dminer69]

1460 looks kind of cheap, should i hop in?

[virtualfaqs]

1460 looks kind of cheap, should i hop in?

I'm waiting.

[hdclover]

Our Group in China 5,000,000 whitecoin we sell in a few hours, all the coins, we do a lot of market manipulation.

we are a Private Equity Financial group from Saudi Arabian, and we are trying to acquired 51% of all whitecoin in circulation (around 150.000.000 WC) you are welcome to contact us for private trading, we are buying 10-15% above market price if you are selling in bulk.  

[cindereynolds]

Our Group in China 5,000,000 whitecoin we sell in a few hours, all the coins, we do a lot of market manipulation.

we are a Private Equity Financial group from Saudi Arabian, and we are trying to acquired 51% of all whitecoin in circulation (around 150.000.000 WC) you are welcome to contact us for private trading, we are buying 10-15% above market price if you are selling in bulk.  

Can you pay me 50 million USD in unmarked cash to be dropped at an undisclosed location? I will send coins first, just have the cash or else we have trouble my friend.

[ycm82]

Our Group in China 5,000,000 whitecoin we sell in a few hours, all the coins, we do a lot of market manipulation.

we are a Private Equity Financial group from Saudi Arabian, and we are trying to acquired 51% of all whitecoin in circulation (around 150.000.000 WC) you are welcome to contact us for private trading, we are buying 10-15% above market price if you are selling in bulk.  

 

[jamieb81]

Our Group in China 5,000,000 whitecoin we sell in a few hours, all the coins, we do a lot of market manipulation.

we are a Private Equity Financial group from Saudi Arabian, and we are trying to acquired 51% of all whitecoin in circulation (around 150.000.000 WC) you are welcome to contact us for private trading, we are buying 10-15% above market price if you are selling in bulk.  

Looking at your post history you say the same thing in almost all threads.

[heartastack]

Have been scouting for good markets this week and think WC will be good post PoW and Fluttercoin too. But until then for the next few days Karmacoin looks like a good bet at least it's not competing.