waccoin (OP)
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June 20, 2014, 11:59:41 PM Last edit: September 04, 2014, 02:24:40 PM by waccoin |
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Hello people, we are in urgent need of a responsible pool, please contact us if you know something, the reward will be nice, thank you very much. Information about the coin:Waccoin Gold is the only crypto coin in the market specially designed to have stable price. The deflationary system of the coin allows the price of the coin grow slowly every time the difficulty grows. Our developers where analyzing form the competitive point of view the existing coins in the market considering their system and business plan, and realized that the main problem in most of the coins is the great gap of profit between the early users and the users who start to use the coin in an advanced stage, this had as a result a monopoly from the first users against the new users. To solve that problem our developers created a new reward system that will be described in this forum. * Algoritm Hashing: Scrypt POW * Max Coin: 600 Millones * Block Reward: The reward of waccoin was specially designed to guarantee the value of the coin. The system was designed under the advice of experts in macro and micro economy to be a stable and profitable coin in short and long therm. When the difficulty grows the reward grows as well following the function described in the graphic: * Excel Block Reward and profit calculator: http://waccoin.com/downloads/reward.rar* Block time: 60 segundos * Dificulty retarget: Kimoto Gravity Well (KGW = 1 + (0,7084 * (PastBlocksMass/144)^(-1,228)) * Cloud Seed Nodes (Faster conections) * Built-in DNS Seed Official letter from the company for waccoin gold users: http://waccoin.com/downloads/pressrelease.pdf* http://www.cryptotc.us/market#WACGVote For WACG:* https://www.bitonyx.com/voting * https://www.swaphole.com/#!voting * https://hitbtc.com/vote/ * https://bter.com/voting PLEASE ASK BEFORE MAKING ANY BOUNTY.* Waccoin Gold Pool – Reward : 5 WACG * Multipool – Reward: 15 WACG * Translate the thread – Reward: 1.5 WACG - Dutch - French - Polish - Finnish - Arabian - Chinesse - Greek - Japansesse * Write articles about WACG – Reward: 2 WACG * Games for Wac – Reward: 15 WACG Wac Pool: THANKS TO COOLSD Block explorer: http://wacnode.ddns.net/blocke/Wallets:* Windows: http://www.waccoin.com/downloads/WaccoinGold-qt.zip* Linux: http://www.waccoin.com/downloads/Linux.zip* OSX Mavericks 10.9: http://www.waccoin.com/downloads/OSXwallet.zip* OSX 10.6: http://www.waccoin.com/downloads/OSX_10.6.zip Source Code: https://github.com/waccoin/WACGContact for more information or bug report: Ferx2005@gmail.com – Developer Martin Wild Wacminerals Europe CEO:Martin Linkedin: http://uk.linkedin.com/in/martinwildWaccoin offers support for emails in English, Spanish, Italian and Russian WACCOIN OFICIAL THREAD: https://bitcointalk.org/index.php?topic=659758.0Copyright © 2011 - 2014 Wacminerals, LLC. All Rights Reserved.
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xcapator
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Activity: 322
Merit: 252
Here I Am !!
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June 21, 2014, 12:03:29 AM |
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Nothing new in this coin, how much is the premined coin ? 600 million coin is way too much, i think it worths not more than 10 sats
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waccoin (OP)
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Activity: 98
Merit: 10
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June 21, 2014, 12:12:21 AM |
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Hello Xcpaptor, I am the coin's dev. We are dedicated to updating the coin and enhancing its features. We are introducing 100% anonymous transactions in two weeks, included in our wallet 2.0 We also encourage you to look up Wacminerals, the mother company, we will be introducing a large number of exclusive benefits for WACG users.
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vanish9
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June 21, 2014, 12:50:47 AM Last edit: June 21, 2014, 09:42:15 AM by vanish9 |
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http://WACC.pool.mn/ is ready for pre-registrations! Mining will be available when WACCOIN GOLD launches! Feel free to register and configure your miners before the coin launch http://WACC.pool.mn offers: • 0,99% fees • Powerful dedicated server • DDOS Protection • Friendly support via email, jabber or support forums • Skilled admin Please, join us
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2941digger
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Activity: 34
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June 21, 2014, 01:04:00 AM |
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Lost me at scrypt. Hot, loud, expensive algo.
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waccoin (OP)
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Activity: 98
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June 21, 2014, 01:06:14 AM |
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Lost me at scrypt. Hot, loud, expensive algo.
We are currently developing an algorithm to migrate to once we have community acceptance, and have properly tested it.
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ferx2005
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June 21, 2014, 01:57:59 AM |
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I would like to know how it is that thing about the reward it looks interesting, its something i have never seen before
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waccoin (OP)
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Activity: 98
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June 21, 2014, 02:16:44 AM |
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I would like to know how it is that thing about the reward it looks interesting, its something i have never seen before
We have carefully worked a polynomial equation to create a deflationary reward system, thus making the coin stable. We will be creating a whitepaper outline in the next 24 hours to explain how this works. I hope this answered your question
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platorin
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June 22, 2014, 10:55:40 AM |
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Nothing new in this coin, how much is the premined coin ? 600 million coin is way too much, i think it worths not more than 10 sats
600 million premine? Jesus, nice!
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Amph
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Activity: 3248
Merit: 1070
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June 22, 2014, 10:57:25 AM Last edit: July 13, 2014, 08:53:50 PM by Amph |
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that logo is so abused is not even funny anymore, i see it everywhere...
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Bfljosh
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June 22, 2014, 04:37:34 PM |
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* GCCICB (Global Crypto Currency International Central Bank
Explain this please.
Also how big is the premine and are you going to dump the premine on BTC buy orders as soon as this coin hits an exchange?
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PiOfCube
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June 22, 2014, 05:23:43 PM |
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I was going to add a long report about this "company": About how the website is just a generic cookie-cutter template made by a "company" that doesn't even seem to have a site any-more. That domain name was purchased quite recently, so that's an indication that it may have been created solely to promote the coin and not as a real business site.
Also, how there is no real information about the company on that site and how it all just seems to be there to add hype to the coin. No company contact details, images the seem to come from a stock image provider and that's just about it.
I was also going to add some insight on how things don't add up about their plans for the long term development of the coin. Including a planned fork? Why plan to fork the coin if it gains acceptance? Seems very odd.
Also, no real indication of how much pre-mine and the maths used to work out diff/etc. No reason to hide this unless they don't want people to know until it's too late and you're already mining it, while they dump that fat pre-mine into the exchange.
Claims of sponsorship but I couldn't find any official announcement that even mentions sponsorship by "Wacminerals LLC".
Anyway, I was going to do all of that and more but, for some strange reason, I lost the will to live.
I think I will pass by this coin and very quickly.
I may be totally wrong but this looks more like a "Whack Job" than a "Waccoin".
Good luck!
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minairia3
Sr. Member
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Activity: 1610
Merit: 326
Vave.com - Crypto Casino
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June 22, 2014, 10:15:37 PM |
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I too was interested ... what a cool story: South American mining company enters crypto market. No. Bogus website with mis-spellings. Mispellings on the front page of a major corporate site? Random links to football matches. Mention of a hotel chain that doesn't exist. Pretty definitely a scam done by scammers of way above average creativity. I was going to add a long report about this "company": About how the website is just a generic cookie-cutter template made by a "company" that doesn't even seem to have a site any-more. That domain name was purchased quite recently, so that's an indication that it may have been created solely to promote the coin and not as a real business site.
Also, how there is no real information about the company on that site and how it all just seems to be there to add hype to the coin. No company contact details, images the seem to come from a stock image provider and that's just about it.
I was also going to add some insight on how things don't add up about their plans for the long term development of the coin. Including a planned fork? Why plan to fork the coin if it gains acceptance? Seems very odd.
Also, no real indication of how much pre-mine and the maths used to work out diff/etc. No reason to hide this unless they don't want people to know until it's too late and you're already mining it, while they dump that fat pre-mine into the exchange.
Claims of sponsorship but I couldn't find any official announcement that even mentions sponsorship by "Wacminerals LLC".
Anyway, I was going to do all of that and more but, for some strange reason, I lost the will to live.
I think I will pass by this coin and very quickly.
I may be totally wrong but this looks more like a "Whack Job" than a "Waccoin".
Good luck!
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waccoin (OP)
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Activity: 98
Merit: 10
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June 22, 2014, 10:48:26 PM |
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We appreciate the comments, wether positive or negative. We are working on prividing the community with the documenation so you can all see why a mining company has decided to enter the crypto market.
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LucasCambon
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Merit: 0
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June 22, 2014, 11:02:35 PM |
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I think we have to wait until it's Released. it's not a crazy idea, it was expected the creation of an asset-backed currency, with a company that truly take care of it. if it becomes real, we will have to buckle our belts ... I too was interested ... what a cool story: South American mining company enters crypto market. No. Bogus website with mis-spellings. Mispellings on the front page of a major corporate site? Random links to football matches. Mention of a hotel chain that doesn't exist. Pretty definitely a scam done by scammers of way above average creativity. I was going to add a long report about this "company": About how the website is just a generic cookie-cutter template made by a "company" that doesn't even seem to have a site any-more. That domain name was purchased quite recently, so that's an indication that it may have been created solely to promote the coin and not as a real business site.
Also, how there is no real information about the company on that site and how it all just seems to be there to add hype to the coin. No company contact details, images the seem to come from a stock image provider and that's just about it.
I was also going to add some insight on how things don't add up about their plans for the long term development of the coin. Including a planned fork? Why plan to fork the coin if it gains acceptance? Seems very odd.
Also, no real indication of how much pre-mine and the maths used to work out diff/etc. No reason to hide this unless they don't want people to know until it's too late and you're already mining it, while they dump that fat pre-mine into the exchange.
Claims of sponsorship but I couldn't find any official announcement that even mentions sponsorship by "Wacminerals LLC".
Anyway, I was going to do all of that and more but, for some strange reason, I lost the will to live.
I think I will pass by this coin and very quickly.
I may be totally wrong but this looks more like a "Whack Job" than a "Waccoin".
Good luck!
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waccoin (OP)
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Activity: 98
Merit: 10
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June 23, 2014, 03:53:34 PM |
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Nothing new in this coin, how much is the premined coin ? 600 million coin is way too much, i think it worths not more than 10 sats
600 Million is the max number of coins that will be available, NOT the number of pre-mined coins
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Bfljosh
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June 23, 2014, 04:26:41 PM |
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We appreciate the comments, wether positive or negative. We are working on prividing the community with the documenation so you can all see why a mining company has decided to enter the crypto market.
When you really appreciate the comments you should reply to them.
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waccoin (OP)
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June 23, 2014, 04:53:15 PM |
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We appreciate the comments, wether positive or negative. We are working on prividing the community with the documenation so you can all see why a mining company has decided to enter the crypto market.
When you really appreciate the comments you should reply to them. GCCICB is under development. This bank will offer loans at the lowest rates in the market to all users, escrow service and secure vaults, bringing financing closer to those who cannot access to loans at the banking system. Wacminerals is working on a list of documents to provide to the community, there are pieces of information that for obvious reasons cannot be uploaded , but we are working on making information as transparent as possible to the community. To answer your second question, no, the premine will not be dumped into the exchanges , this is not a pump and dump, we are into waccoin for long term development.
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czvezda
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July 03, 2014, 09:14:07 AM |
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Up and running!0.99% fees Powerful dedicated server DDOS Protection Friendly support via email, jabber or support forums Skilled admin Please, join us
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halibit
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Activity: 1596
Merit: 1006
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July 03, 2014, 01:47:44 PM |
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It may be more clear if you inform premine with per cent instead "A small number of coins were pre-mined to reward the community’s involvement, bounties and rewards".
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