[PRE] [ANN] [GRYF] - GryfenCoin

[baronvonclausewitz]

http://gryfenco.in/img/stylio-main-header.png

Ticker: GFC

Official Website: http://www.Gryfen.Co , http://www.GryfenCo.in , http://www.GryfenCryp.to

This thread is no longer supported, please go to the latest Announcement Thread:
https://bitcointalk.org/index.php?topic=699388


Social Media:

Twitter: @GryfenCoin
Facebook: Gryfen Coin
Reddit: r/GryfenCoin

Contact: GryfenCoin@Gmail.com

[BTMan]

THIS IS A FIRST X22 COIN

[atleticofa]

Nice graphics. Reading

[Vagnavs]

100 Trillion+ coins And 2.5 Trillion Coin Premine(2.5%)
Is that enough?

[baronvonclausewitz]

100 Trillion+ coins And 2.5 Trillion Coin Premine(2.5%)
Is that enough?

Maybe. Maybe not.

THIS IS A FIRST X22 COIN

With regards to X22, we don't want GPU farming or ASICs, we want a real market. It's weird as hell, no one else is doing it, and at no point do we want to have the same algo as others. If others copy us then we'll change it. We're doing X22 before it will be cool, and will be doing the next thing before that's cool too.

[Piotrsama]

Some very interesting concepts, will keep an eye on this.

[statdude]

I came here to FUD.
Left impressed.

[Sydboy]

When is it being released ?
you need to buy a domain name. they are $7 if not cheaper !!

[baronvonclausewitz]

When is it being released ?
you need to buy a domain name. they are $7 if not cheaper !!

We're discussing the details of the PoS 4 week out Pre-order/IPO/Crowd Funding with a trusted escrow on Bitcointalk.org that Katie has been in touch with.  We are discussing the amount of funds needed, the disbursement of the funds, the insurance of delivery, etc and will start this Monday, July 15th, 2014.

It should take about 4-6 weeks to develop and we also concurrently are working on the Gryfen.co cryptocurrency options market web app & Android App, and a Big Data Altcoin insights program.  The only thing the funds would be used for would be for developing the coin.  

As far as domains.  Our Blog/homepage is http://www.GryfenCryp.to and we own http://www.GryfenCoin.com as well as http://www.Gryfen.co , http://www.gryfenco.in and http://www.GryfenCrypto.com.

We'll have forwarding up on all those domains by the end of the night to avoid any further confusion

[hharrep]

x22 cool,  interesting concepts. let keep eyes on it.

[youngcave]

I came here to FUD.
Left impressed.

[alani123]

This seems like a nice concept but honestly though, why such big supply? What are you trying to achieve this way? In my oppinion, this could just devalue the coin. Also why is the PoS cap so much higher than the PoW?

[baronvonclausewitz]

This seems like a nice concept but honestly though, why such big supply? What are you trying to achieve this way? In my oppinion, this could just devalue the coin. Also why is the PoS cap so much higher than the PoW?

Thank you for your questions. With regards to supply: it is not quite as big as 100 trillion might seem, at least not in the short run. In the first year there would only be up to ten billion active coins, accounting for all the ways they can be created.

We have 100 trillion coins because we want this to become a medium of exchange, not just a commodity. We also want it to last for a long time, and it will take decades for all the coins to be brought to market.

We are completely open to changing the PoS/ PoW caps. One of the solutions we are thinking about is that the max PoS blocks will increase at a small variable rate comparable to the PoW, but we have a number of ideas in the works. I like this feedback though, keep it up!

[berkelip]

Total POW coins are too many
supply coins should only 1-10 Million

[baronvonclausewitz]

Total POW coins are too many
supply coin should only 1-10 million

Why? Who came up with that number? Why not 42coin (been done)? Why not 3 coins? There are literally hundreds of altcoins that just do the same thing over and over again, we are pushing something new. We don't really care about having an explosive coin that kills it in the first few months, we want something that grows and thrives over the long term.

[The Architects]

http://fc07.deviantart.net/fs70/f/2013/024/0/c/unamee_gryffindor_by_machmigo-d5smcfg.jpg

[tristartek]

Coin supply waaaay too high. 

[wisnon]

Total POW coins are too many
supply coin should only 1-10 million

Why? Who came up with that number? Why not 42coin (been done)? Why not 3 coins? There are literally hundreds of altcoins that just do the same thing over and over again, we are pushing something new. We don't really care about having an explosive coin that kills it in the first few months, we want something that grows and thrives over the long term.

1 Million---3 Million appropriate to facilitate pulled! For example N5X!

[biohammer]

BWAHAHHAHAA    lmaorotf    BWWAAHAHAHHAAHAHHA    NO

[dongle]

Make of so complicated，But I'm not interested.