[ANN] [KIMO] Kimocoin | VOICE YOUR SUPPORT FOR MORE KIMO AUCTIONS

[jacob019]

News:

• Our seventh Kimocoin auction is over.
• A new wallet has been released that changes our currency code from KMC to KIMO and moves the decimal so that 1000 KMC = 1 KIMO.  This will allow us to trade in BTC.  Please download it.
• We have a new logo.
• Due to an error in the block reward code, we had to hard fork at block 150300 on 7/14.  You must update your wallet.  Do not try to use the old one, it will not work. All coins are safe.

Kimocoin has a new dev team.  We have active development and a growing international community.  We are now over half way through the subsidy decline phase.  There is still time for new miners to collect a nice part of the distribution, but the reward is falling with every block.  We should reach the end of the subsidy decline phase on August 14th, after which the block reward will be fixed at 5 KIMO forever.  Kimocoin offers one of the best values in crypto, we are more profitable to mine than anything and yet our miners are holding because we know the value will rise as block subsidy falls.  In June we held a KIMO only auction for a brand new Intel SSD.  In July we auctioned off a brand new 500GB USB 3.0 External Hard Drive.  We are planning more such promotions and events.  Join us and be sure to ask how you can contribute to our growth and success.

Official website: http://www.kimocoin.com/
Block explorer: http://explorer.kimocoin.com/
Faucet: http://faucet.kimocoin.com/faucet
Paper wallet: http://paperwallet.elementfx.com/kmc/

Wallet Download:
We had a hard fork on 7/14/14 at block 150300 due to an error in the original KimoCoin code.  There was a mandatory wallet update, the original wallet will no longer work.
Windows - http://www.kimocoin.com/kimocoin-0.8.7.zip
Mac - http://www.kimocoin.com/KimoCoin-Qt-Mac.zip
Source - https://github.com/jacob019/kimocoin

What is Kimocoin?
Kimocoin is a decentralized digital currency similar to Bitcoin.  It was started by an Italian university student as an educational project and is now maintained as an open project by several contributors.  Visit our website for more information.

Technical Details:
Launched: April 1st, 2014
Algorithm: Scrypt-N
Max Coins: 15 Million
Block Time: 1 minute
Difficulty Adjustment: Every block with Kimotos Gravity Well

Unique block reward schedule:

1-3		50K KIMO (premine)
4-500		0.000002 KIMO
501-1500		0.1 KIMO
1501-2999		0.2 KIMO
3000-5000		0.5 KIMO
5001-10,000		1 KIMO
10,001-20,000		2 KIMO
20,000-100,000		Subsidy equals block height divided by 1000
100,001-110,000		100 KIMO
110,001-120,000		90 KIMO
120,001-130,000		80 KIMO
130,001-140,000		70 KIMO
140,001-150,000		60 KIMO
150,001-195,000		200 - ( block height / 1000 ) KIMO
195,000+		5 KIMO

Mining:
GPU solo mining with vertminer and the wallet is the preferred method of mining.  We also have a strong P2Pool network with the vast majority of network hash.  Several traditional pools are available as well.  For more information and a list of pools visit http://kimocoin.com/miningAndExchanges.html

Exchange:
KMC trades in LTC on Comkort: https://comkort.com/market/trade/kmc_ltc
*note that 1 KIMO = 1000 KMC

Game:
Kimocoin Dice: http://dice.kimocoin.com/

Translations:
Russian - https://bitcointalk.org/index.php?topic=674082
French - https://bitcointalk.org/index.php?topic=676722
Chinese - https://bitcointalk.org/index.php?topic=714100

Old Thread:
https://bitcointalk.org/index.php?topic=524216
65 pages.  For archive purposes only.  Please do not post there.

[itraxe]

bro u need to hit bittrex anyway

without that u coin is dead

[Shadow_Runner]

Launched: April 1st, 2014

[ltcnim]

you should definately get rid of the old logo. it's one of the worst coin logo's ever 

[drakandar]

Superb coin to mine!
- It still mines like crazy
- from what I've seen, KMC is in good hands with jacob019
- the market is quite active
- and - thank god for that - no asic bs unless someone makes memory dirt cheap hahaha!

[Qxw]

This new topic is one good step to go forward.

As ltcnim opinion, also my opinion is that coin logo is not at all good.

It is important to understand the psychology of perception and the way in which the human subconscious impressive image of the logo is formed. It is not easy and need special skills.

The current design is somehow disharmonious and blue. It somehow have an effect as well as the colors, but also figure in the down-slope lines. The whole pattern is as in the wrong direction. The lines go from left to right downward. The broad pattern somehow mixed confused. It's a bit kind of like a child would be drawn by a ruler without the knowledge of what really wants to draw. Simply. The whole is depressing. Figure shows in some way, as if that goes down. But, This is my individual opinion and there may be also opposite opinions.  (oh this kind of things are difficult to translate by google)

But, it must also be noted that, for example, I do not have a logo design adequate skills. a good logo is not simple especially when taken into account in a global world other than our own culture.


I believe that this coin have better future than history. This is why I will continue mining with some mining power.


This week monday, 23th June,  I win auction about Intel 120GB SSD drive and paid using KMC directly.
It have not yet arrived due to long distance but jacob019 have done very fast shipment and all looks perfect in this time.  Tracking information is as predicted. After it arrive I will give final report about this.

[cell.md]

Good news with this new thread.
Still mining this lovely coin

And, the auction showed how people get simulated to buy kimocoin when we talk about real-life stuff, like SDD or other computer stuff. So, hope jacob will find a way to organize more auctions

[MoneroMooo]

It seems to fail to connect to the coin network. It finds 7 peers, but fails to connect to all of them. Stale peers ?

Edit: also, your post says "Solo mining with the wallet is the preferred method of mining.", but the mining link you give says "CPU Solo mine with wallet (Not recommended!)". Hrrhhmmm ?

[GraberKGD]

vote

mintpal.com https://www.mintpal.com/voting#KMC
cryptsy https://cryptsy.freshdesk.com/support/discussions/topics/4000272268

[jacob019]

It seems to fail to connect to the coin network. It finds 7 peers, but fails to connect to all of them. Stale peers ?

Edit: also, your post says "Solo mining with the wallet is the preferred method of mining.", but the mining link you give says "CPU Solo mine with wallet (Not recommended!)". Hrrhhmmm ?

Thanks for the feedback.  When we update the wallet I will add new seed nodes. Meanwhile open the debug console and enter the following:

Code:

addnode kimocoin.com add
addnode kmc.1js.us add

I added this information to the OP.

About solo mining, CPU mining is not recommended but you can still use the wallet to solo GPU mine with vertminer.  It's the best way to mine, but it's more difficult to set up and has higher variance.

you should definately get rid of the old logo. it's one of the worst coin logo's ever  

I really agree with you guys.  It's a terrible logo.  My design skills are terrible, I don't think I'm the right person to fix it.  I might be able to find one I like and edit it, but we would be much better off if we can find someone who can design a nice logo for us.  I would then update the website, the OP, and the wallet with the new logo.  I do like the yellow and black colors though.  I would offer a 5M KMC bounty if anyone can make a nice one.

[mig6r]

windows wallet download failed

[Qxw]

windows wallet download failed

it looks like this works

http://kimocoin.com/wallets.html
and there    //mega.co.nz/#!fgoSzRBA!sq85TR8V3EKYgHnrsrQSyG9pJCMP_JgnVzukWOswgpQ

[jacob019]

Thanks for reporting.  Fixed the link and added the mega mirror to the OP.

[yunquanquano]

Unfair launch winson failed launch late now is not working! Requires re-shoot!

[jacob019]

Unfair launch winson failed launch late now is not working! Requires re-shoot!

Sorry friend, but I don't understand.  This coin was launched on April 1st.  We're almost at block 130,000.

[Qxw]

Unfair launch winson failed launch late now is not working! Requires re-shoot!

I have not any relatioship with this coin former developers and not with current dev team. I'm just only one who continue mining and using this coin. Only later I can see if this was right decision. I can not loose anything but electric and part of mining hardware lifetime. But as gambling it may also lead to something useful for me.
Remember that you can now mine with good profit. Ater some time it is more difficult due to coin block reward designed decay.
早起的鸟儿有虫吃。迟到的小鸟取一面，当早起的鸟儿吃。

What have been unfair? Please explain carefully and accurate!
What is not working now? Please explain it!

[ciocgun]

thank you new admin for refund money lost cause of forgetme, you're the best

[GraberKGD]

It seems that the award falls faster than it rose 

[jacob019]

I've contacted a couple designers to get a quote for a new logo design. I'm willing to pay something for it, not sure how much.

[platorin]

Never heared of this. If it was launched by April the first, then it should at least be on bittrex atm.