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Author Topic: Rootcoin!! Mining goes live within 24 hours!  (Read 957 times)
TrollboxChamp (OP)
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August 14, 2014, 02:50:19 PM
 #1

Launchdate: 15th august 2014 - 02:00 PM  (UTC)
ALGO will be scrypt




I am announcing my cryptocurrency project named "RootCoin" [ROOT]. This is just an (my) economic/technical project/experiment.
Please inform yourself about cryptocurrencies and their risks before making any investment (money, time, hashingpower,..).

RootCoin is in final development stage. This is my first own cryptocurrency-project and
i am going to do this as a fulltimeproject by myself. I ve been involved in a couple of altcoins and
also did/am doing a lot of contract based work within the cryptocommunity.

IRC: #rootcoin
Chinese QQ Group: 385168018   |   310988665



RootCoin will be an oldschool scrypt PoW/PoS/PoI coin with a 4-stage-distribution model:

Stage 1: Proof of Investment
Stage 2: pure PoW -> first 10 days will be pure PoW
Stage 3: hybrid PoW/PoS -> 2 weeks will be a hybrid PoW/PoS stage
Stage 4: 10+ PoS  -> after that the PoS system will be generating blocks for +10 years (total of 68,950 ROOT will be generated with PoS in first year)


Specifications:
algorithm: scrypt (community voting)
blockreward: 99 ROOT
total coins: 3 million coins
blocktime: 5 minutes
PoS reward: 3%
rpcport: 27377
p2pport:28388
qrcode support


i will reserve 33.3 % of the total coincap for an 1st preinvestment-stage which we call Proof of Investment.
200 investment packages, containing 5000 ROOT will be sold for 0.25 BTC each, representing 0.1665%
of the total coincap per package and generating a total amount of +50 BTC. The last 50 packages will be
sold for +50% of the initial price to provide a benefit for early investors.
90% of this funds will be transfered into an public wallet and only used for project-related investments.
10% will be used for the dev-team.
The Proof of Investment stage is performed public in this thread (escrow accepted).
If you want to join the initial distribution of ROOTCOIN please drop me a message in this forum or through e-mail.
Anonymous investment also possible. The rootcoins will be delivered as a private-key or wallet.dat a couple of hours
before official release. I can also transfer the coins AFTER the official launch to a provided ROOT-address.


Due to high demand and multiple requests we decided to launch a
2nd Proof of Investment stage with 100 packages.
The final specification is: 50% PoI, 30% PoW and 20% PoS


PoI 1+2 SOLD OUT!


investors list: (2nd PoI stage)

zan1,        1.50 BTC
MaxOnBit,    0.7574 BTC (f68d6079ead038a76c0929e52ee5f3bf57116c706d38fe50270c6141fc5a03ef)
Saberu,      0.58 BTC (489acd3b6f9ee487ff65fa15436fd6cc2bee09b60f530512b36889d5422be4ad)
enunrom,     0.25 BTC (0e59aa2f33a1c059b2420650bdd3ee773218ce64342801dcb000d798b81452a7)
anonymous,   7.00 BTC (d7fee34a7e5a363d1c23467b248e53f5a1c3a76261ece66a128348bc43441f04)
anonymous,   5.00 BTC (e01a64742b1240669950e67444c9957bcf8e5c84398b76f495a8196c0a00797d)
anonymous,   8.00 BTC (7ebc89f9d7ef7e9dabfa2c1d35e52b4cf4108a98799786a11807b78cfa1a7ad2)
anonymous  , 0.50 BTC (85e5e2d8669fbda670208ea63dd17220287215fd30c91d28b865b654f291f061)
MixPioneer,  1.00 BTC (d7e03de67f37ba268211e854e8bf7c1a17b6d5462b6d4d1f1a244b0e59b6ba32)
BTCspace,    6.00 BTC (61b011c2818fcb292ac06f4c7d9eb834ac35d8e8e952bd8d4abdbd8e5f7be6c9)
enunrom,     0.25 BTC (878fc53f6d4fbec5967f970eb197f23d49a4117ebceb4d7e0eb8da2ef7990ec1)
damiano,     1.00 BTC (a32393d712bf18763903f80f4ac872f9cef74ebf9e977d3fa2b573671be40f98)
saberu,      0.22 BTC (aa4ebfa036846c72332b5fde46b6378cb0658ce125f8d361b62515541698bc85)
qtgwith,     4.00 BTC (0f3c91651c7f14ae385986848ddf723246522b79244c7cd0c84c5f7a89879372)
anderson705, 0.7021 BTC (ea99ed03e833fb8eb780ace9d3993961b7b06a74853ac5b53d88f19c5e1a2616)
tobeaj2mer01,1.00 BTC (a433c510705173500d43fa1e25b822ef99f7f79e0001cbf8113a18379c7e5773)      
Primitive,   1.00 BTC (32981796fb238141daa1f7a7b736ccdb0ef404469e12108480f16dde6d1c8378)
anderson705, 0.374 BTC (cf51fb9f9f2c93d825ba28910cb6bfd85d963d4665d4ae688ba7746d2b775fa2)
Primitive,   3.00 BTC (785f97f71d3192b376f9f38aab5495d5a3f423c835dcf65a816085401d4b0bfb)
qtgwith,     1.00 BTC (2c8a69e38467a1236e86dc8bbd8cb21b061c42dbb308f04dc77d4c8ec7808ad7)
kufan,       0.4395 BTC (79d14e90eae6f5a982ac86b95907cd33daf4ed754c058c70f9936fa0fd696bb4)
IGFU,        0.50 BTC (2db01bf184c194f62aa833b31405d12efa1db9693ab38769cfc8407f1815b350)
zoomerP80,   1.00 BTC (ce6714c396575cd5df901f6646cc28d1f4f46e7c0bfffb2b919ad105c87d4fec)
PondSea,     0.50 BTC (bd0e5a102753b63004935d394d6bae3453ab878ee64d07d1b6da250014495cdb)
anderson705, 0.202 BTC (0dea2b39af5fa2020c916c25cbeedcb3fb83f1df1e6acce16c3ee76422719040)
eyarg,       0.25 BTC (0dea2b39af5fa2020c916c25cbeedcb3fb83f1df1e6acce16c3ee76422719040)
Saberu,      0.25 BTC (20427a4c7ea1702e28263bda81bf1b56661538330c4e4206bdfc542ea1411d7f)
Saberu,      0.75 BTC (dd5e29e0c48635ef9c078593fec04e14839c76725c870126ad11825138e0465b)
ht518,       2.00 BTC (e43ee9f049a874a183945fc2eeb8aa6d6554db173b6d5c4b76b4902af2c18878)
kenboy,      1.00 BTC (60d3d6213eac882eac3e79cc2046cda6fb80d1f548a7c3ac1a4409c0dbd1ce1e)
qwerty923,   1.60 BTC (530aa7283195768ba892b8d62aee2b476caf2503ecfec3355becfcc931cdcd03)
anhpt192,    0.50 BTC (49bae8ec3153b18f7c5f2d17beb4e406e8c3fb60529fc32bfcba9e722337a3e7)
eyarg,       0.25 BTC (708b3452f39f71af777f6acc6932d10c700014d16766e619219b494eb4514400)

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

this is the BTC address for the investment payments:  

1K9VsgtUXDaYNbJCVuH6nRtNvSZfTqmTCa

regards,
bitsta
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2.0.25 (FreeBSD)

iQEcBAEBAgAGBQJT1xhaAAoJEMmvoAYnC0Imji4H/2IbXVk0+cPvYS5njRF+o41U
MaXYxsEakiPeqOWAPabjEyT4cubnaahgm/zLseUEfXccFNfbi3HjTwp7qO2AoxBY
SL1Iw5FI64ESU7Ct2NDeqP/yxUtFO1Tx4kFOXgtleZQCxzMevRjZbjJzjUtKTE+X
HZhFgIcxF81InvrLnL0VUMLr3MWWhhii0VQIW6FaD8cc472+UEHWMdLoWVS1+aV7
xeab2NKVnMamUcQ9H2yXlKIY/uCNoFRO26Z0wBxefmXfOM7jdj2BlJb+uISNfwK1
1RmqbxL265ym77dS3NXDPYvHUPl1eass1x5a4sFYGsRULOZEWMcoR6496htXQ/4=
=NPwo
-----END PGP SIGNATURE-----



investors list: (1st PoI stage)

TrollboxChamp, 4.00 BTC (69b483af810459edf2d106e94e60526110177ea86e549f2c46d7885e670886f2)
t95,           1.00 BTC (d43e551fec5dc836713ffdc805054a980b5b78c221a3f056a103b9e6c47c5045)
Vampiro4L,     0.50 BTC (c8c0d93efbebbc714c0db0518034142cbf3093fd41108e8f6f9846ebf925cbdf)
anonymous,     5.00 BTC (7f1529273daec35ddb97d89081e8f7cd44a2af734fff5d5f0ac07f4f89345e0c)
anonymous,     1.00 BTC (18d086a12de11cb461df158f06c85ac3b135461b98dcd979c7d6a71bd13b5398)
xinweiwei,     0.25 BTC (a7954d062b607b14c7db91da3385402766fda8d3401def1f79c252370c7295fc)
Cornett,       1.00 BTC (de8a8f7cb0d4b0c479d0eafda74898d39ebbea9cfde40adaa29c0dfa9ab1eee6)
Cornett,      2.00 BTC (97b187515236beb171bf635b2d0e35188a03aa1efd758a19e9e65f615a2dd145)
jonni21,       0.25 BTC (62ad2990194e79e0740a05077b641ce83f761e6d6c044dbd9cf98a75539c199b)
Eleonore,      0.25 BTC (e9373c65a18016c4b13f5167b436ac5843cc8e76ccab075341ba8992c16cafe7)
deceit,        1.00 BTC (5a0b1e2786cccb90e3708981507d76131e443f8d7e56ce5bb60192009ba6b1b3)
btminer8,      1.00 BTC (283723ce502a4a4cbac3e6f80e3b7d68887b3136871018881526863d7935988f)
anonymous,     0.50 BTC (5fd32adb08e86b9429f0c54ee564dd8e05d01fdc917e4a6bdb14b826c5c85863)
eastwind_ja,   0.25 BTC (7ec00187ee073f8a42843076d2119ae3a056b53987d87bf3ebfe5f853ae16fb7)
studio1one,    2.00 BTC (ccaef5cd8ff630bc9de55b2bf64ce9e79270b2813eb6cdd9b993b9f65acbf74c)
Nutzfleisch,   0.25 BTC (b0dda5a4bf90f409fef4a957762031c4849f62fd04e0d218d6950728dbdb369c)
jonni21,       0.25 BTC (f9849f934487eb6d371cb14020ff1fcf3b4512d4c5f8ba7a138b587c2ed81d18)
anonymous,     0.25 BTC (eb49cf9df30d09d3f567ffb17501a5977b57972d134d9c7f5376f036f73046bb)
TrollboxChamp, 1.00 BTC (859f03be9c763410b5d35b2974cf5f5b0636de1ac04ad8da91ea7c864dcbd48e)
Collegestudent,0.93 BTC (9e7381920913c11ecbebb298845ebb9bcc57eeda5bd75b60ece38c52e9d94a0d)
Collegestudent,4.07 BTC (c08237ac37b0af19dd1ffd23a85e9f1af05ac49bce11e72029a263ec96179be4)
drippx,        1.25 BTC (910b5a4cd982014ebaa702da0c0f5af7d2baa1ad00e08b2fbd64466d41fa1e3b)
viperbite,     0.50 BTC (9cb1b61c27c9c45bab2e48f50ac50e6628449dfb5762adc0102bcd7c0ee1727f)
shadowduck,    2.00 BTC (3ed521df5ea3103e525707a22be402075a93008b67ed55b3f376ddad5c451a7f)
pigheadbig,    1.00 BTC (677e1d1ed61af40b0b91cebe955c98c1473d8993690493e839e33f390734c8e9)
daxiake,       0.25 BTC (897b91ee62c9028986e7d4436a5155febb29b7b9ae793abf83b503603faeec21)
daxiake,       0.25 BTC (c0dc13480f45e978d426b4a85e2e1574cf5f4837a3b1ce0422f7435f9abe0823)
r95222,        0.50 BTC (3e1475f50178013f8530df923022f203a801622daab036e2c2963a2b8bb0e916)
saberu,        0.25 BTC (2296817b7df8b8ddb3b978330ca6073451420d678553e130502cb3fe70a16ae0)
leozhenping,   0.50 BTC (2f1d29c75bf7a6ef4565f460bcbd1598ae3f210e1a29ba297133f21e7bd34f9e)
iZzZ,          0.50 BTC (f9c4c90886c6693d22da91033678c42738e5523f4ed5bfe4870542ab78a5ea90)
leetrump,      1.00 BTC (c2bb2653476a3544d2640a7de48b1f853457b41513dcb49837bced57d03d8aa7)
cyberhacker,   3.00 BTC (9449e9dfdfb6b41fb1021dfa8b4d12f350da9618e77945eabbd41f63f6795653)
aa417444103,   1.09 BTC (45927bd28740581bbaf0a61220f15dea3544a1ddadc894f06d452ce6452aa2c8)
cawson,        1.30 BTC (7db7618fb20a7083a1c8e1331ba887edd5383166552154fe1925a43c65af43fb)
cawson,        0.20 BTC (b9351fa12483fb690ece13508c5aa1c6b0ee33f1b97ae83bab0b0c387ce4df05)
huanghao2008,  1.00 BTC (b6ea23370c883a81761bd9c500d87094fd79644681b3434d6043922efeae69b9)
huanghao2008,  1.05 BTC (ff35338347a137ad2f4f16790b208b5c0bf23bbb05437a077d74d834b086aa28)
oilgoose,      4.00 BTC (f93be73ff44911adb1d0972d06bd1ffd634121ff3a8cd0f70cbe5ee0637f507b)
liyuxuanfc,    0.25 BTC (83f2ee198649d7173c14d630b2ed77feaa82745b7d05d1e4890538a21011afb8)
zifcom,        1.00 BTC (f8c4f8535b1dce1542a7e03078614f11ce77cf1e87c3461faf76305a0455878e)
crimealone,    0.50 BTC (0590dc0a3c7fc32841496f738e1e17e778781448a290187fc9e53e4a36c670e2)
mingzi1521,    0.50 BTC (8ba61abb47f3f064053102b7495091046221eb95e72c7f112a678005663da80d)
robinf,        0.50 BTC (6709a49caa2ad957d9a545ac84064312469ca946a8ea412dde80de7de0282617)
Lpingui,       1.50 BTC (55be29f4b0efdfd88334226ccc4c6ff02096729dea2cd0743256422ccde60eee)
a7594li,       0.50 BTC (e1bed57b12380134d853acda7dff3c5ecb67275964cd74ddb1f73929f7332184)
aigareth,      0.50 BTC (d4d2ca03e7aaddb0eb04437a278f4ee7758469aa9a48920920195061aaecb630)
stoneone,      0.25 BTC (1a94fbf420c6971c42c0568347cf653d5c0b20e25eb2e38abb4bda987a0289d6)
spring.yu,     2.00 BTC (7815981d99dcac9918b54cd6dbb5d9d85b852e984da57ac68e11a9a0316e152b)
ning_aric,     1.00 BTC (389bb45e6261fcc81f65b958c19cb5d87944c431dbfbcaeb255b6b96716a5344)
mydearvoice,   0.50 BTC (c1644bbef79fb347121931cb38caad74e6ee1e563665d94e19f1ae05c100706e)
qwerty923,     0.40 BTC (30ea3dc7d82966b0e6d0acc2e06ee1880cea88963ac405412c39fd2b43f0d917)
jioy,          0.50 BTC (becd695d307fa7e43bd36e24299fccbc2c721150141b44c4f821d5ec0bdb9918)
U,             0.50 BTC (ff87abe033ce95a0a5fddf401a4c4e03c9a1aac75fd0ababbbe42e05a3abfba7)
tobeaj2mer01,  0.75 BTC (cb57c6812c6257a9b4b09d0facf4eaa13ef056667e62aa400435388032ea060c)
loveyouforever,0.50 BTC (142ef3fb8ac7ded2e4db330138537eba9d3587efd9a78a9905734c1869c7e9de)
jioy,          0.0098 BTC (91b499638527e9bc8148cc36b518d5588f428b6810895cb8707ad8146f7bfc7f)
wwdz99,        0.2500 BTC (8918ff4a52678353a4450be4e009ee2065e7bc117683e6e4a33c2ffe0b57cc74)





-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

this is the BTC address for the investment payments:  

1K9VsgtUXDaYNbJCVuH6nRtNvSZfTqmTCa

regards,
bitsta
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2.0.25 (FreeBSD)

iQEcBAEBAgAGBQJT1xhaAAoJEMmvoAYnC0Imji4H/2IbXVk0+cPvYS5njRF+o41U
MaXYxsEakiPeqOWAPabjEyT4cubnaahgm/zLseUEfXccFNfbi3HjTwp7qO2AoxBY
SL1Iw5FI64ESU7Ct2NDeqP/yxUtFO1Tx4kFOXgtleZQCxzMevRjZbjJzjUtKTE+X
HZhFgIcxF81InvrLnL0VUMLr3MWWhhii0VQIW6FaD8cc472+UEHWMdLoWVS1+aV7
xeab2NKVnMamUcQ9H2yXlKIY/uCNoFRO26Z0wBxefmXfOM7jdj2BlJb+uISNfwK1
1RmqbxL265ym77dS3NXDPYvHUPl1eass1x5a4sFYGsRULOZEWMcoR6496htXQ/4=
=NPwo
-----END PGP SIGNATURE-----

Launch: On the launchdate ROOT will be ready with wallets for OSX, LINUX, WINDOWS. ANDROID coming soon.
Blockexplorer and official mining-pool will also be provided at launch.



innovative anon-tx feature: BitKey™
RootCoin will provide a totally new and unseen anonymization technology. The new RootCash™ system
is in final testing stage and it's wallet implementation (beta-version) will be released 2-3 weeks after launch.
BitKey™ is going to be an secondary channel for transactions. The idea behind it is that an anoymous transaction
won't be an transaction which is traceable through the blockchain. Example: you want to transfer 100 ROOT from A to B.
Client A will automatically transfer the coins to an public address and then send it's encrypted private key with the
100 ROOTs to client B. Finally client B will have received the coins from client A without making an real transaction.
Users will be "identified" through a public key and a boradcasted RootCash-index with all clients/keys.



WHITEPAPER:


economical feature: BurnPool™
BurnPool™ will be a new kind of multipool. Users will be able to choose between two mining-options.
First option will be payout in RootCoins. Second and NEW option will be to multimine RootCoins
which get "burned" automatically by transferring them to an "proofen unspendable" public-key.
So with this step coins get burned, the coincap minimized and the value higher.
 

BOUNTIES:
Translations: 0.01 BTC per translation (translation has to meet our basic requirements)
Articles: 0.02 BTC per article (article has to meet our basic requirements)
Website: 1 BTC (incl. domain, hosting, unique content) - [work in progress]

We are hiring a JAVA/JS/AJAX developer with min. 3 years work experience.
Please contact me for more informaitons. (This is a fulltime position)



future plans:
  • rootEX™ - p2p exchange [85% progress]
  • rootBay™ - marketplace  [15% progress]
  • rootOS™ - CryptOSystem  [15% progress]


From Above
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August 14, 2014, 02:53:48 PM
 #2

so trollboxchamp u invested 4 BTC in this?  good luck for u ! Cheesy

~CfA~

TrollboxChamp (OP)
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August 14, 2014, 03:06:16 PM
 #3

Also for anyone looking for work.

Contact bitsta!!

We are hiring a JAVA/JS/AJAX developer with min. 3 years work experience.
Please contact me for more informaitons. (This is a fulltime position)
provenceday
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August 14, 2014, 04:35:37 PM
 #4

so this is a mining promotion thread?

 Wink

will put some pow into this for sure.
TrollboxChamp (OP)
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August 14, 2014, 04:38:47 PM
 #5

Just want people to know POW starts soon. Smiley
Chris001
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August 14, 2014, 05:08:23 PM
 #6

Will you be posting it in the ANN section or here?

I think just so people don't give it a black eye and everything looks fair as possible you should put the PoW launch on the ANN page.

The coin has attracted a lot of investors and attention. Don't screw it up by having an unfair pow launch.

Put it in the ANN section.

https://bitcointalk.org/index.php?action=trust;u=186785
Here is the link to my trust settings here on forum. This trust system is very unfair. I make good on every deal Ive ever made. I had many, many deals as you can see and I never scammed anyone. All it takes is a random account to give you negative trust and youre screwed. Tomatocage has never even talked to me ever but when the random acct hit me with negative trust, Tomatocage came right behind him and marked neg trust again so obviously he was the one who did it. You can look at Tomatocage trust and see how many of his compeditors at the currency exchange thread he labeled scammers. I never scammed anyone. My trust was green over 20 before this. I hope it never happens to you because the mods cant help you.
Chris001
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August 14, 2014, 05:11:57 PM
 #7

Just want people to know POW starts soon. Smiley

So will the launch be before 2 tomorrow? Let us know. I definately want to mine this coin. It looks good thats for sure. Keep us updeated.

Im ready!!

https://bitcointalk.org/index.php?action=trust;u=186785
Here is the link to my trust settings here on forum. This trust system is very unfair. I make good on every deal Ive ever made. I had many, many deals as you can see and I never scammed anyone. All it takes is a random account to give you negative trust and youre screwed. Tomatocage has never even talked to me ever but when the random acct hit me with negative trust, Tomatocage came right behind him and marked neg trust again so obviously he was the one who did it. You can look at Tomatocage trust and see how many of his compeditors at the currency exchange thread he labeled scammers. I never scammed anyone. My trust was green over 20 before this. I hope it never happens to you because the mods cant help you.
TrollboxChamp (OP)
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August 14, 2014, 05:15:18 PM
 #8

It will be posted in both places. Im just trying to get anyone/everyone to see it.

More the merrier.
Chris001
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August 14, 2014, 05:47:15 PM
 #9

Will it be sooner than 2:00? if so is that Bitcointalk.org time?

https://bitcointalk.org/index.php?action=trust;u=186785
Here is the link to my trust settings here on forum. This trust system is very unfair. I make good on every deal Ive ever made. I had many, many deals as you can see and I never scammed anyone. All it takes is a random account to give you negative trust and youre screwed. Tomatocage has never even talked to me ever but when the random acct hit me with negative trust, Tomatocage came right behind him and marked neg trust again so obviously he was the one who did it. You can look at Tomatocage trust and see how many of his compeditors at the currency exchange thread he labeled scammers. I never scammed anyone. My trust was green over 20 before this. I hope it never happens to you because the mods cant help you.
TrollboxChamp (OP)
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August 14, 2014, 06:03:45 PM
 #10

Will it be sooner than 2:00? if so is that Bitcointalk.org time?

Im not sure myself. Bitsta will update the ANN thread. Then ill post it here as well.
From Above
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August 14, 2014, 06:09:11 PM
 #11

Will it be sooner than 2:00? if so is that Bitcointalk.org time?

Im not sure myself. Bitsta will update the ANN thread. Then ill post it here as well.

lol

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