[ANN][CFC2]Coffeecoin | This coin is under the RevivalCoinGroup management

[marti]

voted on mintpal #1051

seems like more people are voting, good, keep it up

[rebeca71]

voted on mintpal #1051

seems like more people are voting, good, keep it up

Said more and more people participate in more and more To participate!
Come on together

[FreebieZoner]

Wallet is still broken?  Not good.   

[PTseller]

#1054 Voted on Mintpal

common guys vote vote

[coffeecoin]

Concerning the wallet update...

I had a nice, long conversation with Orangecoindev, and CFC's source code is a lot worse than we initially thought. So bad, in fact, that we will have to re-release CFC and do a 1:1 swap. Our source is based on out-of-date code, and allowed incorrect genesis block data to pass through (PM me if you want exact details). Whether through a Ybcoin fork with CFC specs, or old CFC source with patches, the new updates cannot be applied.

Exchanges notified

So it's been brought to my attention (By Bittrex) that the exchanges can swap the coins behind the scenes, no need for a version 1/version 2 parity. That makes things very simple, and greatly lowers the overall risk. This will require maximum participation by everyone involved, as this update will be mandatory. All you guys will need to do is have all of your coins on one of the exchanges, update to the new wallet, and wait for the go-ahead to withdraw. OP will be constantly updated with which exchanges are on-board to assist with the swap.

Timeline for fix (as of May 26) is 1 week for development, 1 week for testing. We can use this time to work out our new specifications; I need to get them over to OCdev by tomorrow. Here's what we're currently have, with my proposed changes in bold:

Interest: The first year of annual interest 10%. Interest will decrease by .95*previous year's interest, until a floor of 1% is reached.
Algorithm: Scrypt POS+POW Remove POW
Block Time: 20 seconds
Total Coin: 100,000,000 CFC
Mined Block Confirmation: 40
Transaction Confirmation: 3
POW Reward: 0.0001 CFC Zero, once POW is removed
Min stake age: 3 days Reduce to 24 hours
Max stake age: 9 days Increase to 90 days
Add Coin Control
Add "Unlock Wallet" button for ease of staking an encrypted wallet
Add daemon with release by default
Port: 16789
Rpc port: 16889

Please take part in the poll to decide the future specs of our coin!

EDIT: Poll is over! Results are at the top of the page!

[fedmahnkassad]

Concerning the wallet update...

I had a nice, long conversation with Orangecoindev, and CFC's source code is a lot worse than we initially thought. So bad, in fact, that we will have to re-release CFC and do a 1:1 swap. Our source is based on out-of-date code, and allowed incorrect genesis block data to pass through (PM me if you want exact details). Whether through a Ybcoin fork with CFC specs, or old CFC source with patches, the new updates cannot be applied. I'm getting us prepared for a 1:1 swap by asking around our listed exchanges. Basically, we need one of them to host a CFCv1/CFCv2 trading pair, preferably with 0% fee. While I don't entirely agree with our former dev's distribution method, what's done is done, and I will not allow anyone to lose their holdings!

Timeline for fix is 1 week for development, 1 week for testing. We can use this time to work out our new specifications; I need to get them over to OCdev by tomorrow. Here's what we're currently have, with my proposed changes in bold:

Interest: The first year of annual interest 10%. Interest will decrease by .95*previous year's interest, until a floor of 1% is reached.
Algorithm: Scrypt POS+POW Remove POW
Block Time: 20 seconds
Total Coin: 100,000,000 CFC
Mined Block Confirmation: 40
Transaction Confirmation: 3
POW Reward: 0.0001 CFC Zero, once POW is removed
Min stake age: 3 days Reduce to 24 hours
Max stake age: 9 days Increase to 90 days
Add Coin Control
Add "Unlock Wallet" button for ease of staking an encrypted wallet
Add daemon with release by default
Port: 16789
Rpc port: 16889

Please take part in the poll to decide the future specs of our coin!

I believe you also need to consider that not all coins will be exchanged, so my proposition is that you give around 7 days to people to exchange their coins and once that is done, all remaining coins are distributed via a new giveaway.

[coffeecoin]

Concerning the wallet update...

I had a nice, long conversation with Orangecoindev, and CFC's source code is a lot worse than we initially thought. So bad, in fact, that we will have to re-release CFC and do a 1:1 swap. Our source is based on out-of-date code, and allowed incorrect genesis block data to pass through (PM me if you want exact details). Whether through a Ybcoin fork with CFC specs, or old CFC source with patches, the new updates cannot be applied. I'm getting us prepared for a 1:1 swap by asking around our listed exchanges. Basically, we need one of them to host a CFCv1/CFCv2 trading pair, preferably with 0% fee. While I don't entirely agree with our former dev's distribution method, what's done is done, and I will not allow anyone to lose their holdings!

Timeline for fix is 1 week for development, 1 week for testing. We can use this time to work out our new specifications; I need to get them over to OCdev by tomorrow. Here's what we're currently have, with my proposed changes in bold:

Interest: The first year of annual interest 10%. Interest will decrease by .95*previous year's interest, until a floor of 1% is reached.
Algorithm: Scrypt POS+POW Remove POW
Block Time: 20 seconds
Total Coin: 100,000,000 CFC
Mined Block Confirmation: 40
Transaction Confirmation: 3
POW Reward: 0.0001 CFC Zero, once POW is removed
Min stake age: 3 days Reduce to 24 hours
Max stake age: 9 days Increase to 90 days
Add Coin Control
Add "Unlock Wallet" button for ease of staking an encrypted wallet
Add daemon with release by default
Port: 16789
Rpc port: 16889

Please take part in the poll to decide the future specs of our coin!

I believe you also need to consider that not all coins will be exchanged, so my proposition is that you give around 7 days to people to exchange their coins and once that is done, all remaining coins are distributed via a new giveaway.

I've taken that into consideration, and will have another, longer-running poll to decide the fate of the remaining coins. As for how long I will keep the exchange period available, that is still up in the air. 7 days sounds like a nice number though, thank you

[fedmahnkassad]

Concerning the wallet update...

I had a nice, long conversation with Orangecoindev, and CFC's source code is a lot worse than we initially thought. So bad, in fact, that we will have to re-release CFC and do a 1:1 swap. Our source is based on out-of-date code, and allowed incorrect genesis block data to pass through (PM me if you want exact details). Whether through a Ybcoin fork with CFC specs, or old CFC source with patches, the new updates cannot be applied. I'm getting us prepared for a 1:1 swap by asking around our listed exchanges. Basically, we need one of them to host a CFCv1/CFCv2 trading pair, preferably with 0% fee. While I don't entirely agree with our former dev's distribution method, what's done is done, and I will not allow anyone to lose their holdings!

Timeline for fix is 1 week for development, 1 week for testing. We can use this time to work out our new specifications; I need to get them over to OCdev by tomorrow. Here's what we're currently have, with my proposed changes in bold:

Interest: The first year of annual interest 10%. Interest will decrease by .95*previous year's interest, until a floor of 1% is reached.
Algorithm: Scrypt POS+POW Remove POW
Block Time: 20 seconds
Total Coin: 100,000,000 CFC
Mined Block Confirmation: 40
Transaction Confirmation: 3
POW Reward: 0.0001 CFC Zero, once POW is removed
Min stake age: 3 days Reduce to 24 hours
Max stake age: 9 days Increase to 90 days
Add Coin Control
Add "Unlock Wallet" button for ease of staking an encrypted wallet
Add daemon with release by default
Port: 16789
Rpc port: 16889

Please take part in the poll to decide the future specs of our coin!

I believe you also need to consider that not all coins will be exchanged, so my proposition is that you give around 7 days to people to exchange their coins and once that is done, all remaining coins are distributed via a new giveaway.

I've taken that into consideration, and will have another, longer-running poll to decide the fate of the remaining coins. As for how long I will keep the exchange period available is still up in the air. 7 days sounds like a nice number though, thank you

Well people might vote that the remaining coins are destroyed by sending them to an address with no private keys, however imho it's much better to use the opportunity and create some positive buzz around the new launch and do a giveaway to many people with small stakes.

[profitus]

Concerning the wallet update...

I had a nice, long conversation with Orangecoindev, and CFC's source code is a lot worse than we initially thought. So bad, in fact, that we will have to re-release CFC and do a 1:1 swap. Our source is based on out-of-date code, and allowed incorrect genesis block data to pass through (PM me if you want exact details). Whether through a Ybcoin fork with CFC specs, or old CFC source with patches, the new updates cannot be applied. I'm getting us prepared for a 1:1 swap by asking around our listed exchanges. Basically, we need one of them to host a CFCv1/CFCv2 trading pair, preferably with 0% fee. While I don't entirely agree with our former dev's distribution method, what's done is done, and I will not allow anyone to lose their holdings!

Timeline for fix is 1 week for development, 1 week for testing. We can use this time to work out our new specifications; I need to get them over to OCdev by tomorrow. Here's what we're currently have, with my proposed changes in bold:

Interest: The first year of annual interest 10%. Interest will decrease by .95*previous year's interest, until a floor of 1% is reached.
Algorithm: Scrypt POS+POW Remove POW
Block Time: 20 seconds
Total Coin: 100,000,000 CFC
Mined Block Confirmation: 40
Transaction Confirmation: 3
POW Reward: 0.0001 CFC Zero, once POW is removed
Min stake age: 3 days Reduce to 24 hours
Max stake age: 9 days Increase to 90 days
Add Coin Control
Add "Unlock Wallet" button for ease of staking an encrypted wallet
Add daemon with release by default
Port: 16789
Rpc port: 16889

Please take part in the poll to decide the future specs of our coin!

I believe you also need to consider that not all coins will be exchanged, so my proposition is that you give around 7 days to people to exchange their coins and once that is done, all remaining coins are distributed via a new giveaway.

I've taken that into consideration, and will have another, longer-running poll to decide the fate of the remaining coins. As for how long I will keep the exchange period available is still up in the air. 7 days sounds like a nice number though, thank you

Well people might vote that the remaining coins are destroyed by sending them to an address with no private keys, however imho it's much better to use the opportunity and create some positive buzz around the new launch and do a giveaway to many people with small stakes.

I could always load up the faucet and turn up the payout. If we did a giveaway, it would have to be based on a trustless system and released in chucks that do not encourage dumping.

[jztxeno]

Dev, I got 100k CFC in my Stake Balance... What will happen to them? And how will we be able to switch them?

[profitus]

Dev, I got 100k CFC in my Stake Balance... What will happen to them? And how will we be able to switch them?

First paragraph

Concerning the wallet update...

I had a nice, long conversation with Orangecoindev, and CFC's source code is a lot worse than we initially thought. So bad, in fact, that we will have to re-release CFC and do a 1:1 swap. Our source is based on out-of-date code, and allowed incorrect genesis block data to pass through (PM me if you want exact details). Whether through a Ybcoin fork with CFC specs, or old CFC source with patches, the new updates cannot be applied. I'm getting us prepared for a 1:1 swap by asking around our listed exchanges. Basically, we need one of them to host a CFCv1/CFCv2 trading pair, preferably with 0% fee. While I don't entirely agree with our former dev's distribution method, what's done is done, and I will not allow anyone to lose their holdings!

Timeline for fix is 1 week for development, 1 week for testing. We can use this time to work out our new specifications; I need to get them over to OCdev by tomorrow. Here's what we're currently have, with my proposed changes in bold:

Interest: The first year of annual interest 10%. Interest will decrease by .95*previous year's interest, until a floor of 1% is reached.
Algorithm: Scrypt POS+POW Remove POW
Block Time: 20 seconds
Total Coin: 100,000,000 CFC
Mined Block Confirmation: 40
Transaction Confirmation: 3
POW Reward: 0.0001 CFC Zero, once POW is removed
Min stake age: 3 days Reduce to 24 hours
Max stake age: 9 days Increase to 90 days
Add Coin Control
Add "Unlock Wallet" button for ease of staking an encrypted wallet
Add daemon with release by default
Port: 16789
Rpc port: 16889

Please take part in the poll to decide the future specs of our coin!

My goal is for no one to lose any of their coins. It might be possible that the exchanges can just do the swap behind the scenes; that would totally negate the need for CFCv1/CFCv2 parity and would be a lot easier. I'm working that out now, and will post my findings as soon as possible.

[coffeecoin]

Exchanges notified

So it's been brought to my attention (By Bittrex) that the exchanges can swap the coins behind the scenes, no need for a version 1/version 2 parity. That makes things very simple, and greatly lowers the overall risk. This will require maximum participation by everyone involved, as this update will be mandatory. All you guys will need to do is have all of your coins on one of the exchanges, update to the new wallet, and wait for the go-ahead to withdraw. OP will be constantly updated with which exchanges are on-board to assist with the swap.

[Goattrading]

Exchanges notified

So it's been brought to my attention (By Bittrex) that the exchanges can swap the coins behind the scenes, no need for a version 1/version 2 parity. That makes things very simple, and greatly lowers the overall risk. This will require maximum participation by everyone involved, as this update will be mandatory. All you guys will need to do is have all of your coins on one of the exchanges, update to the new wallet, and wait for the go-ahead to withdraw. OP will be constantly updated with which exchanges are on-board to assist with the swap.

Great.

Please include ShareXcoin.com

[wywoc]

Exchanges notified

So it's been brought to my attention (By Bittrex) that the exchanges can swap the coins behind the scenes, no need for a version 1/version 2 parity. That makes things very simple, and greatly lowers the overall risk. This will require maximum participation by everyone involved, as this update will be mandatory. All you guys will need to do is have all of your coins on one of the exchanges, update to the new wallet, and wait for the go-ahead to withdraw. OP will be constantly updated with which exchanges are on-board to assist with the swap.

Great. but cfc is dead?

[lanbo]

Exchanges notified

So it's been brought to my attention (By Bittrex) that the exchanges can swap the coins behind the scenes, no need for a version 1/version 2 parity. That makes things very simple, and greatly lowers the overall risk. This will require maximum participation by everyone involved, as this update will be mandatory. All you guys will need to do is have all of your coins on one of the exchanges, update to the new wallet, and wait for the go-ahead to withdraw. OP will be constantly updated with which exchanges are on-board to assist with the swap.

Great. but cfc is dead?

CFC is alive and kicking. You'll feel sorry for selling all your coins at low low price butthead. After the swap the price of CFC will skyrocket.

[coffeecoin]

Exchanges notified

So it's been brought to my attention (By Bittrex) that the exchanges can swap the coins behind the scenes, no need for a version 1/version 2 parity. That makes things very simple, and greatly lowers the overall risk. This will require maximum participation by everyone involved, as this update will be mandatory. All you guys will need to do is have all of your coins on one of the exchanges, update to the new wallet, and wait for the go-ahead to withdraw. OP will be constantly updated with which exchanges are on-board to assist with the swap.

Great. but cfc is dead?

CFC is alive and kicking. You'll feel sorry for selling all your coins at low low price butthead. After the swap the price of CFC will skyrocket.

Indeed, CFC is alive and well. Our relaunch is not a sign of death or a last-ditch effort to stay afloat. It is our way of reforging the coin the way it should have been from the start. Our community demanded an update, and I aim to deliver that with as little risk as possible and as quickly as time will allow for a stable, 100% solid coin.

[clarkgeneral86]

Keep them the same!

[studentwiskunde]

After relaunch, Coffeecoin will be stronger.

Don't forget to vote on MintPal.

Sincerely,

Wiskunde

[FanEagle]

I trust in coffecoins.

[maxsinner]

Exchanges notified

So it's been brought to my attention (By Bittrex) that the exchanges can swap the coins behind the scenes, no need for a version 1/version 2 parity. That makes things very simple, and greatly lowers the overall risk. This will require maximum participation by everyone involved, as this update will be mandatory. All you guys will need to do is have all of your coins on one of the exchanges, update to the new wallet, and wait for the go-ahead to withdraw. OP will be constantly updated with which exchanges are on-board to assist with the swap.

It would be great if Bittrex is on board. I don't really trust the other exchanges where we are listed. Please let us know when they confirm participation and I will send my coins there asap. You can also spice up the deal by telling them that any unclaimed coins after a certain period will remain at their disposal for giveaways.