HertzCoinLaunched!
Website
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Windows Wallet
Linux Wallet
Mac Wallet
Source Code on GitHubOld HertzCoin Thread:
https://bitcointalk.org/index.php?topic=666410.0Decided to make a new one so nobody will miss the launch!
Description:HertzCoin specifically designed in order to become digital international currency for spectrum trade and sale (aka Spectrum Secondary Market).
Spectrum trading platform first glance:https://i.imgur.com/3xEWned.pngWhat common RF spectrum have with digital currency?First of all both digital currency and RF spectrum are non-material values. Actual value of digital currency and RF spectrum may grow significantly over time and in dependence on current market demand.
Second reason for associating RF spectrum and digital currency is because both of those non-material values are limited at its nature. Natural limitation of RF spectrum and CC maximum coin pool allows more stable and flexible correlation between values and their prices/per hertz/per technology.
Why would they need to trade spectrum for coins and vice-versa? The idea behind association coins and RF spectrum is avoidance legislation problems for companies whose business directly dependent on RF spectrum availability (i.e. celluar operators, TV broadcast companies, smaller point-to-point service providers and even in long term perspective - satellite capacity resellers and providers). In most countries RF spectrum currently considered as Government property that being leased to the private companies. That makes all direct trade deals with spectrum either impossible or very complicated. However there are few exceptions, where trades of spectrum (spectrum secondary market) is officially allowed. HZ coin will benefit both of those creating single, government independent environment for spectrum trades that will allow customers in countries that have severe legislative limitations for spectrum deals (i.e. ban for direct sales) to still participate in such deals. HZ will not only enable RF Spectrum secondary market in countries where there is none but also provide more flexible tool for spectrum deals in countries where secondary market already available and will make international deals much more accessible (i.e. buyer will not need to go very deep in local regulations in order to buy or sell spectrum). The value of spectrum currently may be determined from the spectrum possible application and demographic, however this determination is subjective and we believe that only universal, dollar independent currency will allow worldwide place for spectrum secondary market. The future of spectrum market will look like global stock market that use digital, world economy independent currency that is not being subject for single country regulations.
HertzCoin specs- Block reward 8888 HZ
- PoW Algorithm: X13
- PoW + PoS Hybrid
- PoW ends after 2222 block (2 days of mining)
- PoW coin supply: 19,749,136 HZ
- POS starts at 2000 block
- PoS interest 3% Annually
- 1hr PoS min coin age
- 90 second block target
- No instamine (first 30 blocks reward reduced to 1)
- 50 confirmations for blocks to mature
- IPO: NO IPO
- Premine: 0.1% (19,749 HZ)
BlockExplorer (set up by
SalimNagamato)
Poolshttp://hz.hashhot.comhttp://x11-x13-pool.org/hertzcoin/public/index.phphttps://hertz.suprnova.cc/http://hz.coin-miners.info/http://hz.z.pool.mn/http://hz.minerpools.com/http://hz.altpooler.com/http://hz.best-pool.comExchange
Launch date20:00 GMT, 08/13/2014
BountiesBlock explorer: 2000 HZ
MacWallet: claimed
Translations: 200 HZ each
Proof of demand for spectrum trading:http://www.itu.int/ITU-D/treg/Events/Seminars/GSR/GSR04/documents/Technology-Market_ELie.pdfCase Study (New Zeland)
Why would HertzCoin grow?The reason for that is RF Spectrum Prices only grows with time, like prices for any overused limited and valuable resource.
http://www.techpolicyinstitute.org/news/show/23392.htmlProject development stagesPhase 1 Currency establishing
During initial phase we need to establish exchange value for the coin. We are not scared that initial values will not be sky high. All we need at stage 1 is working coin
Phase 2 During this phase we will launch customer service (similar to Spectrum Bridge) for companies that are willing to trade spectrum, in order to support HZ.
Phase 3 Promotional deals, supported and own investment in Phase 1 and initial trade values in Phase 2.
Spectrum trading platform first view:
C-CEX @HertzCoinDev
