Hi,
berkelip sorry dude, I'm deleting your topic. Your attack isn't justified.
oh,i am interested,and can u make it easily to know?
in a short paragraph, what is it that we should be in awe about this ?
I'll work to make the system easier to understand on the paper.
But atm:
1. The coin distribution is PoW and PoC.
2. Every 60 Blocks (=1 hour), the PoC receive 472 KiB from the PoW.
3. This 472 reward is only for the Contributors who have Shares.
4. 1 Share cost 0.0001 BTC. The Share number is unlimited.
5. Every Contributors, every 60 Block, will receive KiB based on this formula: Your amount of Shares * (472 / Total Shares). We call this a Roll.
6. Every Rolls, the Contribs losing 1 Share.
7. You can turn off the Contribution anytime.
8. It's an alternative to the mining. Peoples who can't mine, can Contribute and receive KiB.
9. The PoC Console is web based and gonna be open-source on the long term.
mark,where is the lunach day?
This Coin has very good idea! when will launch?
We are doing some tests on the PoC Console to ensure we have no bug. We think to release it in 1 week, but we have no fixed date atm.
Thanks.I always have too many questions,sorry!
Here again, how to keep my shares active?keep my wallet open?or?
No worries, keep questioning if you don't understand something.
The PoC is hosted by a server, the Console will be a web page. You don't require to keep your wallet or your computer turned on.
Just say to the console that you want enable the PoC, and you'll receive automatically the KiB on every Roll.
POC = a new IPO approach?
We made the PoC to create an alternative to the mining.
The PoC will be open-source because we want to allow no miners to have a way to earn coins.