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Author Topic: [ANN] [CPS] CryptoPowers coin X11 DGW with PowerVault  (Read 34406 times)
CryptoPowers
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April 28, 2014, 07:51:31 PM
Last edit: June 16, 2014, 05:26:03 AM by CryptoPowers
 #1

Good day Crypto Lovers.
We are happy to announce to launch of CryptoPowers coin
CryptoPowers Coin.

CryptoPowers Coin. Your time is now.


Now live
 

Multipool
  


We are still working on the main pool.

We have a temp pool setup for those of you wanting to see CPS value go up.

Name you worker CPSpool." Your CPS Address": Example you worker name should look something like this CPSpool.GCYFNFs3ndxmhqvejYyUb9cWbPSsZhZqVR

SHA 256 Stratum Servers: uk1.ghash.io:3333 or us1.ghash.io:3333
Scrypt Stratum Server: multi.ghash.io:3333
X11 Stratum Server: drk.ghash.io:3333

Payments will be made to you CPS address once per day. This pool will also create the CPS buyback pot.





So what Is CryptoPowers coin and what is it good for?
CryptoPowers coin has been created to help the development of CryptoPowers.com.
If this Coin Succeeds then so will crypto developers all around the world.
Users will manage the PowerVault

CryptoPowers will host micro startup funding for any Crypto related business.  

Anyone looking for funding to help get their project get up and running is encouraged to go to CryptoPowers.com and click on the funding link.

CryptoPowrs Coin Specifications

Algorithm: X11
Started: 4/28/2014
Coins:  About 43,000,000
Blocktime: 60 secs
Blocks confirm: 30 confirms
Retarget: 5 Hours
Starting Diff: 0.03
Block rewards: 10,000 CPS to start.
Reward halving interval: 1,440 Blocks (1 day)

Distribution of Coins

Coins will be distributed very fast.
We will start at 10,000 per block and cut in half every day.
By day 14 it will be less than 1 coin per block.
Then we will switch to POS at 2% a year

Bounties and Giveaways

Bounty for first miningpool
Bounty for first exchange to accept CryptoPowers coin
Bounty for first dice site to take CryptoPowers coin
Bounty for CryptoPowers Block explorer
Bounty for CryptoPowers market place development.
Bounties to promoters.
Giveaways on Bitcointalk, Twitter, facebook, and  CryptoPowers.com
Bounty for MiutiPool MultiCoin Split mining Development.
For more info on bounties or giveways please visit CryptoPowers.com

Project Micro Funding

Do you have a Crypto Porject that needs funding? CryptoPowers coin can help.
Simply contact CryptoPowers with your proposal. We will put it to a vote.
If the users of our site vote yes then you get funding.
All proceeds earned by CryptoPowers for venture funding will go to buying back CryptoPowers coins in the open market.

Premine
This Coin is premined 33% to fund the PowerVault.
First of all, there will not be a dump of permined coins at any time.
All permined coins will be used for Bountys, Giveways, Site Development and Micro funding.
All permined coins will be kept in offline cold storage called the Power Vault.
All Premined coins will have public addresses listed on CryptoPowers.com.
The only way to remove coins from the Power Vault is by user voting.

Source Code and Wallets

https://github.com/CryptoPowers/CryptoPowersCoin

If you wallet is not syncing you may need to manually load the blockchain.
I have made my appdata available to everyone.
https://www.dropbox.com/s/n7iodj5cppyxefb/May29-BlockChain-CPS.zip




Exchanges

https://www.europex.eu/#!coin/btc/cps

https://www.palth.net/market/CPS/BTC



Mining pools
Mulitpool info

New pool in the works.

BlockExplorer
None yet.
Bounty will be paid for the creation of a Blockexpolrer.

Sites that accept CryptoPowers Coin
CryptoPowers.com
CryptoPowers.com will be the first to accept CPS.
 You will be able to get stuff like 3D TVs, Iphones, Pizza, A Vacation, Gift Cards, A trip to the mall,
A new car, A new home, just about anything you can think of.  

FAQs
What is Miutipool Multicoin Split mining?
Once coin deployment has taken place, you will no longer be able to mine CryptoPowers Coins using POW “Proof of work” mining. Instead only a small POS reward will be paid. However you will still be able to mine CryptoPowers coins using POW in our Multipool Multicoin Split mining pool. So how does it work?
Users hashing power will be used to mine the most profitable altcoins in the market at that time, and then we use those funds to buy CryptoPowers Coins in the open market, where by creating a constant buying force to increase market value of the coin.
Hashing power will be split into different mining pools and different coins so we never put all our eggs in one basket. This will help to protect us from coin value drifts.  

What all will be done to help increase long term coin value?
1- The buying power of the Multipool Multicoin mining will increase value.
2- The CryptoPowers Market place will promote coin value in a unique way.
3- Funds received from micro startups will be used to buy CryptoPowers coins in the open market whereby creating buying pressure.
4- Bounties will be paid to users who help promote, whereby creating a larger base market.
5- You get to be involved, and that may be the biggest booster of all.

How can I get involved, are you hiring?
Yes, Our goal is to hire every crypto talented person we can find. It does not matter of your talents are I programing, security, business, promoting, just about anything at all.
If you got a talent of any type and feel it would help the cause then please send us a private message or email Admin@CryptoPowers.com.
We currently offer bounty gigs and by the hour, but keep in mind we only pay in CryptoPowers Coin at the moment.

What is the Power Vault and how does it work.
The power Vault is our cold storage of the Premined coins.  At any time a user my go to CryptoPowers.com and view the address of the Power Vault coins.  There is only one way to move coins from the Vault and that is by user voting. Users will vote on how much Bounties will be, hourly rates for programers and staff. Most of all it will be used for Micro Funding into crypto related projects. Anyone can submit a project and users will vote on whether or not to give funding.
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dgbpool
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April 28, 2014, 07:58:49 PM
 #2

Algorithm: Scrypt X11 DGW

=> Algorithm: X11


CPS.dgbpool.com

we will live soon. and premine is too much....

CryptoPowers
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April 28, 2014, 08:01:55 PM
 #3

Premine is for the PowerVault Devs don't get any. Users must vote to move coins from vault. 
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April 28, 2014, 08:38:44 PM
 #4

For what do you need so much premine?
That's absolutely silly. Better change the premined coins into POW coins.

This will only destroy the value of the coin.
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April 28, 2014, 08:45:16 PM
 #5

For what do you need so much premine?

This coin is more about users managing the vault to build value then it is about mining.  If everyone votes down vault withdraws then the premine stays locked up forever. Users need to have the power to control coin value so we where thinking 33% would do it.

But these PowerVault coins belong to everyone so you input is valued. What do you think it should be?
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April 28, 2014, 09:05:46 PM
 #6

You should give some time for people to understand your goal and market it better. Launching it immediately after posting doesn't add credibility to your stated goals.
CryptoPowers
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April 28, 2014, 09:12:14 PM
 #7

You should give some time for people to understand your goal and market it better. Launching it immediately after posting doesn't add credibility to your stated goals.

We can try to push the release back if that what users want. Most of all this coin belongs to you, the user.

Just keep posting you ides and we will do our best to follow along side you. 
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April 28, 2014, 09:40:27 PM
 #8

Who will buy this coin?
What is the significance of this coin?
CryptoPowers
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April 28, 2014, 10:11:00 PM
 #9

Who will buy this coin?
What is the significance of this coin?

By buying CPS users will be investing to crypto startups.

Profits from the startups will go to increase CPS value.
Multipool will increase value
Marketplace will increase value. 

By holding CPS you are holding ownership in all startups funded by CPS

So to answer your question, Hopefully smart people who want to see cryptos succeed will buy this coin. 

 
gpuminer
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April 29, 2014, 03:52:18 AM
 #10

can push back launch ? At least give sometime for people to know about the coin before launch.  Also, u need to specify a date and time for launch.

Free SIGNs giving everyday. Be part, do not miss!. Sw4sYCL3h9NjLu1i9d6YSSsuQZQztFR7jW
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April 29, 2014, 04:14:28 AM
 #11

First of all, there will not be a dump of permined coins at any time.

^^^
I don't get it, can dev explain it?
CryptoPowers
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April 29, 2014, 05:36:26 AM
 #12

can push back launch ? At least give sometime for people to know about the coin before launch.  Also, u need to specify a date and time for launch.

Two of you have asked me to push back the launch so that is what we are doing. We will allow some time to answer questions and get people onboard for promotions.

If you would like to help in anyway please be sure to contact us.
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April 29, 2014, 05:53:20 AM
 #13

First of all, there will not be a dump of permined coins at any time.

^^^
I don't get it, can dev explain it?

Sure let me try to explain. With most premine coins the devs will pump up coin value then dump all the premine leaving a worthless coin behind.

This coin has a 33% premine. Thats a very large number, but none of these coins belong to the devs.
About 200k will be given away to users for helping to promote the coin and users that work to get pools started, listed on exchanges, and so on.

14 million coins will be placed into the powervault. Users will go to CryptoPowers and vote on when and where coins from the power vault go to.

Example: Someone asks CryptoPowers for 5000 CPS to help start a new type of mining pool.
             Users would be able to read the request for micro funding and vote yes or no.
             If user receives funding they will have to give something in return like share in profits.
             Profits earned go to buy back CPS in open market.


So the vault coins are handed out by users and the site is always trying to buy the coins back.

This will create funding for many Crypto Startups.


Does that help answer your question.  
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April 29, 2014, 07:49:44 AM
 #14

http://cps.5limi.com/
chinese pool is online
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April 29, 2014, 11:18:21 AM
 #15

http://cps.5limi.com/
chinese pool is online

how are u, k7

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April 29, 2014, 11:31:38 AM
Last edit: April 29, 2014, 12:39:35 PM by Raxe.io
 #16


If there is any development you guys need please contact us, here is our portfolio so far:

epawncoin Website: http://epawncoin.com

epawncoin Wallet: http://wallet.epawncoin.com/

epawncoin Android Application: https://play.google.com/store/apps/details?id=com.epawncoin.wallet

kimdotcoin Wallet: http://kimdotcoin.co.nz/

Kimdotcoin Android App: https://play.google.com/store/apps/details?id=com.raxe.kimdotcoin



If you have any questions please do not hesitate to contact us:

https://twitter.com/RaxeSoftware
contact@raxe.io
Skype: raxe.io (Raxe.io Support)

Raxe.io / Example wallet: http://wallet.raxe.io
CryptoPowers
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April 29, 2014, 02:17:50 PM
 #17

We still need more people for promotions. If you would like to help spread the word of CPS on twitter or anywhere please send me a message.
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April 29, 2014, 03:24:19 PM
 #18

http://cps.0feepool.com/


0% Fee pool online now
PROP reward system.
Stratum with vardiff.
Stable SSD Server, DDOS protection.
Cashout are processed every minute.
EMail Support
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April 29, 2014, 06:13:32 PM
 #19



XXXX SUMMER!!!XXXX
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April 30, 2014, 01:48:44 PM
 #20

We launch later today. Still looking for help with promoting. 
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