[ANN] [CDA] CanadaCoin- POW/POS countrycoin with CanadaDay AirDrop

[canadacoin147]

Symbol: CDA
Launch: Monday, May 12 at 12AM (midnight)(PST)

The first Proof of Stake countrycoin for Canada includes an Aurora style Airdrop of 147 coins (for up to 5 million Canadians aged 13+) on July 1, Canada Day. That is one coin for each year that Canada has been a country.

The coins pays 15% in year one, with interest (minimum stake time) paid approximately every 6 hours! This can become for the average Canadian a high interest account with capital appreciation potential, as well as a useful, secure peer to peer currency.

We are committed to build Canada's leading alt-coin, and help bring the new digital economy to the Canadian masses. Unlike some other countrycoins, without a plan, our four stage airdrop is designed to build initial merchant buy-in and social support prior to the Canada Day AirDrop.

We have set aside bounty to grow our service offerings and apps that will make CanadaCoin easy to use in daily life. We are also endeavoring to recruit a dedicated and trustworthy Board of Governors who share our passion, to turn CanadaCoin into a legitimate community driven organization, and maintain compliance with newly emerging Canadian regulations.

Though I am quite new to this forum, I have been active in the complementary currency field for the past 5 years in Canada. You can read more about me on the website FAQ.  My other forum handle and twitter handle is humaniterrian.  We are looking for additional developers and bounty hunters, as well as those (especially Canadians) willing to  join our Board of Governors so that we can transition to a  "community foundation" as soon as possible, with multiple parties holding keys to the funds.

I can understand that there is a usual (and healthy) skepticism when new alt-coins are released, and especially those with a premine, or that don't introduce new technology. Our intention is not to reinvent the wheel, but rather build on the shoulders of past experiments in this space to deploy a well used and genuinely useful currency, which is supported by a broad base of Canadians and merchants alike. Endless tech innovation may appeal to some, but the average person has still not heard about or used Bitcoin.  Zero premine coins may appeal miners with big rigs, but leave the project devoid of resources (and begging) to properly promote and implement. If crypto-currency is going to be successful then it has to move into the mainstream to grow the adoption and marketshare for everyone. We believe that Canada is a good country for adoption, with a tech savvy population, and (so far) relatively friendly regulatory stance.

Specifications

• Type: hybrid scrypt POW/POS(goes full POS after 90 days)
  
• Block generation: 15 seconds
  
• POW Reward: 15 coins (500 blocks of 1 coin for fair launch)
  
• Difficulty Readjustment: every block.
  
• Transaction Confirmations: 3 (fast transaction speed)
  
• Confirmations to Maturity: 50
  
• POS Rewards: 15% year 1, 12.5% year 2, 10% year 3, 7.5% year 4, 5% year 5, 2.5% year 6 and beyond
  
• Min Stake Age: 6 hours!
  
• Max Stake Age: 30 days
  
• Max total coins est. 3 billion
  
• Txn Fees: 0.0001 per transaction paid to miners
  
• Premine: 888 Million Coins

Premine Specs

Summary

• 888 million coin total
  
• 870 million (98%) for four stage AirDrop funds
  
• 9 million (1%) for Development & Bounties  Fund
  
• 9 million (1%) for founders and financial contributors (4.5million founders/4.5million contributors)

Stage 1: Social Networkers

• 5 million coins total
  
• Starts on June 1 (or earlier).
  
• Facebook/Twitter sharing

Stage 2: Merchants

• 100 million coins total
  
• Starts on June 1
  
• North American businesses listed on Google Maps.
  
• Bonus for Canadian businesses on sliding scale.
  
• affiliate fees of 15% for signing up new businesses in your community.

• Merchant Sign up Here: 500 Coin bonus for first 50 businesses http://www.canadacoin.org/merchants-signup/
  
  Stage 3: CanadaCoin AirDrop
  
  • Canada Day, July 1, 2014
    
  • 147 Coins each for up to 5 million Canadians aged 13+
    
  • 735 million coins total
    
  • 10 months to claim
    
  • Community will vote on unclaimed coins (destroy, annual dividend, disperse, donate to the Cause Fund etc)
• Early Sign up Form here: http://www.canadacoin.org/canada-day-airdrop-signup/
  
  Stage 4: Canadian Causes
  
  • 30 million coin total
    
  • Starts August 1
    
  • A new cause selected by CanadaCoin community each week will gain 5% of the amount spent through merchants in the network.
  Website
  http://www.canadacoin.org
  
  Social Media
  twitter: https://twitter.com/canadacoin147
  facebook: http://www.facebook.com/canadacoin147
  
  Wallets
  Windows https://www.dropbox.com/s/7az4ztelu1y8qvo/CanadaCoinWallet.zip
  Mac OSXhttps://www.dropbox.com/s/s4ap6kwupeqlodv/CanadaCoin-Qt-MacOSX-v1.5-RC2.zip
  Paper Wallethttp://paperwallet.canadacoin.net/
  
  Source code:
  Now here: https://github.com/OfficialCanadaCoin/CanadaCoin
  
  Pools:
  1000 coin bounty for reputable pools only
  CanadaCoin Official Pool Relaunch Pays 10% Pool Bonus till May 26 http://pool.canadacoin.net/ with IRC Support Chat
  CharityMiningPools- donations matched by CanadaCoin Causes Fund https://cda.charityminingpools.com/
  LuckyPool http://cda.luckypool.cn/
  TerraHashers http://pool.terahashers.com/
  CryptExchange https://canadacoin.pool.cryptexchange.org
  
  Exchanges:
  https://www.europex.eu/#!coin/btc/cda
  https://www.allcrypt.com/market?id=853
  
  
  Block Explorers:
  CryptoBlox Block Explorerhttp://cryptoblox.com/chain/CanadaCoin
  Block Crawlerhttp://188.226.165.184/canadacoin/block_crawler.php
  
  Faucets:
  CryptoBlox Block Explorerhttp://coinok.pw/faucet/cda/
  
  Bounties
  Paid from 9M Development Fund
  
  • Mac OSX Wallet: 1,000thanks instacash!
    
  • Custom Paper Wallet Generator on CanadaFlag:10,000 thanks icess
    
  • Block Chain Explorer: 2,500thanks Murkster and CryptoBlox
    
  • Mining Pools:1000
    
  • Canadian French Language Translation for website for use with WPML (all pages, menus, admin messages): 15,000
    
  • Smart phone app Android : 250,000
    
  • HTML 5 Wallet (like Coinpunk): 250,000
    
  • Browser based wallet (like Blockchain.info) : 250,000
    
  • Merchant App like Coinbase: 250,000
• NEW: Add Reserve Balance feature to Windows QT wallet (like BlackCoin): 150,000

Other questions? Read our Site FAQ .[/list]

[Burninj]

Blame Canada!

[canadacoin147]

Why 15 seconds fork? ammm... I mean Block?

Because we want this coin to be useful also for retail merchants- we want to build a coin that people actually use from time to time in the day to day purchases (not just online ones).  Sure, it's not credit card speeds, but it should work in many applications.

Can you provide some actual evidence to fork susceptibility with a coin with a POS component with a 15 second block time, rather than just accusations?

If you can not provide any evidence, I would request that you kindly remove your post.

[platorin]

I woder how will canadian govermenet react.

[boon8]

i think the national coin is all scam,the chinese do！

[canadacoin147]

i think the national coin is all scam,the chinese do！

I wouldn't have made my personal identification public if this was a scam.

[771696]

WelCome China Pool
中国矿池欢迎您

http://www.72f.com/china.jpg

http://cda.72f.com/

1% Fee

[biekelroy]

any coin with airdrop been proven that it's liar

[defaced]

good luck with your coin

[bitcoin carpenter]

I can vouch for the reputation of Canada coin

Hope this goes well.

[canadacoin147]

I can vouch for the reputation of Canada coin

Hope this goes well.

thanks...we are on track for a solid launch in under 9 hours.

[x8008]

can you please get some pools up?

thanks

[x8008]

also what time will this be for eastern time?

[canadacoin147]

also what time will this be for eastern time?

12am PST is 3am eastern time

but first 500 blocks are only 1 coin, so you can sleep in for a couple hours without fretting about it

[x8008]

also what time will this be for eastern time?

12am PST is 3am eastern time

but first 500 blocks are only 1 coin, so you can sleep in for a couple hours without fretting about it

perfect I was going to say shit that is late ill be dreaming then 

[canadacoin147]

can you please get some pools up?

thanks

We've put a bounty up of 1000 CDA for any reputable mining pools.

[chrison999]

Woot!  We get our own country coin!  Good luck with the launch!

I'm anxiously waiting for word of pools/exchanges that are going to carry CanadaCoin so I can mine it!

Thanks!

Chris on Vancouver Island

[canadacoin147]

Woot!  We get our own country coin!  Good luck with the launch!

I'm anxiously waiting for word of pools/exchanges that are going to carry CanadaCoin so I can mine it!

Thanks!

Chris on Vancouver Island

thanks Chris.

if you want to pick up some CanadaCoins and grow your stake without proof of work mining, there is still 30 minutes left on our funding campaign http://www.sharespring.ca/campaigns/canadacoin-new-money-for-canadians

Paypal or Bitpay accepted.

[chrison999]

Woot!  We get our own country coin!  Good luck with the launch!

I'm anxiously waiting for word of pools/exchanges that are going to carry CanadaCoin so I can mine it!

Thanks!

Chris on Vancouver Island

thanks Chris.

if you want to pick up some CanadaCoins and grow your stake without proof of work mining, there is still 30 minutes left on our funding campaign http://www.sharespring.ca/campaigns/canadacoin-new-money-for-canadians

Paypal or Bitpay accepted.

I'm low-income (a retired senior) so I don't have much, but I sent a small btc contribution and e-mailed the transaction ID to the e-mail address in the posting above.  I hope it helps in a small way.

Regards,

Chris

[canadacoin147]

apologies but launch will be delayed 2hours to allow any funding contributors to our campaign who did not notice our investment announcement previously.

we did not post [IPO] in the title because our project lead has made himself publically known, and would like avoid the wrath of over zealous securities regulations.

therefore we are running a crowdfunding campaign here for 2 more hours for those that did not see this announcement earlier http://www.sharespring.ca/campaigns/canadacoin-new-money-for-canadians

sorry for inconvenience for those waiting to mine