[ANN][CC][POS][X11] Official Colorcoin thread - BOUNTY FOR HELP: 3.5Million CC

[hansolo93]

http://www.reddit.com/r/OfficialColorCoin/comments/25fq5d/we_are_ahead_of_blackcoin_on_swisscex_voting/

Well nothing really special, but hey

[trid]

Guys this coin has big potential, but needs community backing. We need to get on board and support this coin, and merge together as a community the way black coin did.
We can raise/donate money to get on exchanges/ pay for votes.
If the dev team is non existant or needs help, I have expiarance and am here begging to get on board and help in any way I can.

I will start working right now to get some projects together such as a game, or forum, or other propaganda.

+1

Hi!

I like you ideas! We can work together, sorry for the late answer i wasn't here cause i have to work in the real world.

I think firstly join the IRC channel #colordevteam and #colorcoin
there you can contact me, but i suggest to contact me here via private message.

This coin can be a good coin. We are working on the Online shop and on the Founder site now. When we have something we will post picture to you. I aggree with you. We have to start to work together. All people who mines this coin should join us, help us, to make the community bigger.
The dev team is very busy so we will be very grateful with people who can help us.

We need to do marketing strategy. I am thinking of anonymus ads.....
We need to do a forum!
We need to do a blockexplorer, and we have to host them unless we wont get on an exchange..

A game what you said sould be a good thing! +1 for that!

So let's kick this coin to the moon. The community is not huge but strong. So stay together!

Good. But other than good exchange (poloniex, bittrex), you need to change the coin POS model. 3% per year - it's just useless. Even 3% per month is not enough. I would say that 2-3% per week (0.2% -0.3% a day) will make people keep their wallets open. This will create a strong pos-network, secure, stable and fast.

[hansolo93]

Guys this coin has big potential, but needs community backing. We need to get on board and support this coin, and merge together as a community the way black coin did.
We can raise/donate money to get on exchanges/ pay for votes.
If the dev team is non existant or needs help, I have expiarance and am here begging to get on board and help in any way I can.

I will start working right now to get some projects together such as a game, or forum, or other propaganda.

+1

Hi!

I like you ideas! We can work together, sorry for the late answer i wasn't here cause i have to work in the real world.

I think firstly join the IRC channel #colordevteam and #colorcoin
there you can contact me, but i suggest to contact me here via private message.

This coin can be a good coin. We are working on the Online shop and on the Founder site now. When we have something we will post picture to you. I aggree with you. We have to start to work together. All people who mines this coin should join us, help us, to make the community bigger.
The dev team is very busy so we will be very grateful with people who can help us.

We need to do marketing strategy. I am thinking of anonymus ads.....
We need to do a forum!
We need to do a blockexplorer, and we have to host them unless we wont get on an exchange..

A game what you said sould be a good thing! +1 for that!

So let's kick this coin to the moon. The community is not huge but strong. So stay together!

Good. But other than good exchange (poloniex, bittrex), you need to change the coin POS model. 3% per year - it's just useless. Even 3% per month is not enough. I would say that 2-3% per week (0.2% -0.3% a day) will make people keep their wallets open. This will create a strong pos-network, secure, stable and fast.

+1

[waldistons]

Is there a block explorer done? Also, I can't get my coins minting.. First coins that arrived in my wallet is almost 2.5 days old.

[CoolGecko]

We need to do a blockexplorer, and we have to host them unless we wont get on an exchange..

Someone needs to do a block explorer, but not the developer. That is a lesson learned from Asiacoin. In Asiacoin the developer made the block explorer and hacked it so that it didn't show the hidden premine. Another person offered to make a block explorer, but the developer declined the offer for reasons that are now obvious.
 

[EnTi_33]

We need to do a blockexplorer, and we have to host them unless we wont get on an exchange..

Someone needs to do a block explorer, but not the developer. That is a lesson learned from Asiacoin. In Asiacoin the developer made the block explorer and hacked it so that it didn't show the hidden premine. Another person offered to make a block explorer, but the developer declined the offer for reasons that are now obvious.
 

I`m giving 120 000 CC to the person who will do it, also there is 80 000 CC bounty for that purpose.
Maybe we all can contribute something to get things moving.

[CoolGecko]

Good. But other than good exchange (poloniex, bittrex), you need to change the coin POS model. 3% per year - it's just useless. Even 3% per month is not enough. I would say that 2-3% per week (0.2% -0.3% a day) will make people keep their wallets open. This will create a strong pos-network, secure, stable and fast.

I was wondering about that. Does POS depend on many people having their wallets open in the same way that POW depends on mining? What if a person opened her/his POS wallet and there were no other persons on the network with an open wallet? Would the wallet function as normal?

Secondly, I would say that 2-3%/week inflation is very high, and though you might use that rate for a year to increase the number of coins, you wouldn't want to indefinitely use a rate that high.

Edit: Also people shouldn't keep their wallets open because it increases the security risk. The interest would be slightly higher because the compounding happens more often, but if the wallet is kept open once in every two weeks, long enough to collect the interest, there wouldn't be much interest lost.

Yesterday I tried collecting interest on both my bcc and ecc coins. It took about 45 minutes with bcc and a couple hours with ecc. Maybe it took longer with ecc because I hadn't collected interest on them before and some of the coins were several months old.

[alcamie]

I'm looking into creating a block explorer right now.
I just need somewhere to host.

[hansolo93]

Don't forget to Subscribe to our New Subreddit on Reddit

http://www.reddit.com/r/OfficialColorCoin/

[dongbohui]

Hello, I can help you set up a Chinese QQ group, 361,119,649 facilitate the exchange of Chinese players, if I can, I want to get some free coins, here are my wallet address, I will distribute them to the Chinese players.

[LivingDeath]

Will there be a multipool which will mine other coins, sell them and pay out in CC?

for example like this: http://www.wcmulti.com ?  Maybe these guys will make a ccmulti.com, think this is very important for the future of a coin these times.

[Metastable7]

Maybe Hashcows??

[milkox]

Guys this coin has big potential, but needs community backing. We need to get on board and support this coin, and merge together as a community the way black coin did.
We can raise/donate money to get on exchanges/ pay for votes.
If the dev team is non existant or needs help, I have expiarance and am here begging to get on board and help in any way I can.

I will start working right now to get some projects together such as a game, or forum, or other propaganda.

+1

Hi!

I like you ideas! We can work together, sorry for the late answer i wasn't here cause i have to work in the real world.

I think firstly join the IRC channel #colordevteam and #colorcoin
there you can contact me, but i suggest to contact me here via private message.

This coin can be a good coin. We are working on the Online shop and on the Founder site now. When we have something we will post picture to you. I aggree with you. We have to start to work together. All people who mines this coin should join us, help us, to make the community bigger.
The dev team is very busy so we will be very grateful with people who can help us.

We need to do marketing strategy. I am thinking of anonymus ads.....
We need to do a forum!
We need to do a blockexplorer, and we have to host them unless we wont get on an exchange..

A game what you said sould be a good thing! +1 for that!

So let's kick this coin to the moon. The community is not huge but strong. So stay together!

Good. But other than good exchange (poloniex, bittrex), you need to change the coin POS model. 3% per year - it's just useless. Even 3% per month is not enough. I would say that 2-3% per week (0.2% -0.3% a day) will make people keep their wallets open. This will create a strong pos-network, secure, stable and fast.

Hi!!!

It's +3% annually not yearly!

[milkox]

Is there a block explorer done? Also, I can't get my coins minting.. First coins that arrived in my wallet is almost 2.5 days old.

HI!

The POS phase will start after the 10000th block!!

[trid]

Guys this coin has big potential, but needs community backing. We need to get on board and support this coin, and merge together as a community the way black coin did.
We can raise/donate money to get on exchanges/ pay for votes.
If the dev team is non existant or needs help, I have expiarance and am here begging to get on board and help in any way I can.

I will start working right now to get some projects together such as a game, or forum, or other propaganda.

+1

Hi!

I like you ideas! We can work together, sorry for the late answer i wasn't here cause i have to work in the real world.

I think firstly join the IRC channel #colordevteam and #colorcoin
there you can contact me, but i suggest to contact me here via private message.

This coin can be a good coin. We are working on the Online shop and on the Founder site now. When we have something we will post picture to you. I aggree with you. We have to start to work together. All people who mines this coin should join us, help us, to make the community bigger.
The dev team is very busy so we will be very grateful with people who can help us.

We need to do marketing strategy. I am thinking of anonymus ads.....
We need to do a forum!
We need to do a blockexplorer, and we have to host them unless we wont get on an exchange..

A game what you said sould be a good thing! +1 for that!

So let's kick this coin to the moon. The community is not huge but strong. So stay together!

Good. But other than good exchange (poloniex, bittrex), you need to change the coin POS model. 3% per year - it's just useless. Even 3% per month is not enough. I would say that 2-3% per week (0.2% -0.3% a day) will make people keep their wallets open. This will create a strong pos-network, secure, stable and fast.

Hi!!!

It's +3% annually not yearly!

ok, now in simple words - it's 3% per what period (day, week, month, year)?

[waldistons]

Annual or yearly is something that happens once a calendar year.

WIKIPEDIA

[trid]

Annual or yearly is something that happens once a calendar year.

WIKIPEDIA

exactly. But then what does it mean?

It's +3% annually not yearly!

[waldistons]

Please note that I'm no expert in wallets source code. It's still pretty dark to me
copy from source code. tried to make minting calculator

Code:

// definitions from \src\util.h 
typedef long long int64;							
typedef unsigned long long  uint64;
static const int64 COIN = 1000000; // i dont understand wtf is this variable used for
static const int64 MAX_MINT_PROOF_OF_STAKE = 0.03 * COIN;	// 3% annual interest = 30000

int64 GetProofOfStakeReward(int64 nCoinAge, unsigned int nBits, unsigned int nTime, int nHeight) {
	int64 nRewardCoinYear;
	nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE; // = 30000

	int64 nSubsidy = nCoinAge * nRewardCoinYear / 365; // = coinAge * (30000/365) = coinAge * 82,191780821917808219178082191781

// 	if (fDebug && GetBoolArg("-printcreation"))
// 		printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRI64d" nBits=%d\n", FormatMoney(nSubsidy).c_str(), nCoinAge, nBits);
	return nSubsidy;
}

[jimn]

8000 block gone, more 2000

[azwccc]

I thought it is colored coin, obviously not. Pass