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Author Topic: [ANN][CHILD] X-CHILDREN : PROOF OF HEART COIN [AIRDROP complete][POI]  (Read 118279 times)
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ivanlabrie
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August 24, 2014, 05:20:54 AM
Last edit: March 14, 2015, 03:38:32 PM by ivanlabrie
 #1

    X-CHILDREN : PROOF OF HEART COIN
    http://www.x-children.org/


    If you see the joy of life in the eyes of your children; play and laugh with them every day, and hold them as close as possible to your heart, you can consider yourself a lucky human being. More than 500 children from Gaza can no longer play, laugh, or have the innocent life of a child because they have been unwillingly victimized by a war they are not responsible for.

    X-Children is a (Proof Of Heart) coin with the sole purpose of helping children like this be able to smile again.

    Together we can fight the cruelty of mankind with love and eradicate suffering with compassion.

    The proceeds from our mining operations will be donated to “Unicef”, “Save The Children”, “Red Cross” and other active organizations in Gaza using one massive Airdrop which will take place at block 40352. This will be handled by a third party escrow service with full transparency.

    In this time and age, the altcoin market is filled with clones, scams and has a very negative wild west feel to it. We believe the blockchain technology has huge technological potential and can act as a catalyst for a massive change in socio-economic paradigms. For that reason; we wanted to create a coin that would be born with a purpose, far from the multiplex of generic coins launched in this forum every day.

    Most of these coins are conceived in short periods of time just to make profits for its creators, at the expense of their investors. We are here to prove that this technology can help immediately,unlike any traditional method of money transfer.

    Join X-Children and its revolutionary Proof of Heart system. This is the birth of a new kind of cryptocurrency; objective-based, mission-critical, and ready to make positive change in the world.


    Billy Berlusconi
    (X-Laboratories founder)



    UPDATE:

    Airdrop phase complete: We have effectively sold all the coins at Bittrex and sent the proceeds to Save the Children IT.

    You can see the bank receipt here: and the transactions here:
    The next step is completing a fork to improve the security of the transactions and embark in our next journey as a joint effort towards charitable goals.


    The first 1 BTC batch has been sold! As promised we sent the donated funds to Save the Children, converted to Euros. See the receipt HERE. Also, read the flyer they sent us in both the original Italian and English HERE and HERE.

    IMPORTANT: if you have connection/sync issues, try adding the following nodes to your conf file:

    "addr" : "107.170.52.218:33112",        
    "addr" : "104.236.88.91:33112",                                          
    "addr" : "54.234.181.73:33112",                                                            
    "addr" : "198.100.146.216:33112",                            
    "addr" : "47.17.84.135:33112",                                                                                                                                                
    "addr" : "94.23.29.195:33112",                    
    "addr" : "173.255.192.134:33112",    
    "addr" : "46.165.209.140:33112",

    Airdrop phase began: We are selling the coins at Bittrex. We will be exchanging 1000 CHILD per every 1000 satoshi price increase, starting from 2000 Satoshi per child for the first order.

    Our goal is to sell the 100k+ coins the donation fund contains, and reach a substantial donation for Save the Children IT.

    We will document every time we reach 1 BTC, and donate the funds sending Euros to the Save the Children IT bank account.



    CHILD on Italian television: HERE

    We received a reply from Save the Children Italy, you can read the message below:

    Quote
    Dear Mr. Berlusconi,

    Thank you for your email. I am glad that the project is going well and that the indicators are positive.
    We will address the topics you inquire about next:

    Save the Children Italy ONLUS - Via Volturno, 58-00185 ROMA, Banca Popolare Etica IT39U0501803200000000511550, Bic-Swift CCRTIT2T84A
    We will send you a letter certifying the receipt of the donation for our projects in Gaza. Depending on the amount that will be collected, it is also possible to define a specific reporting.
    You can see a list of examples of what we can do with different donation amounts- you can read more about this in the following link: http://www.savethechildren.it/IT/Page/t01/view_html?idp=692 . Please keep in mind these are only, and given the evolution of the situation in Gaza, they might change depending on the stage of planning going on at the moment.

    Example:
    With €23 we can buy blankets for a whole a family
    With €32 we can provide them with a hygiene kit
    With €72 we can buy a baby care kit
    With €105 we can donate a bread ration for 35 families with 5 members of sirian refugees from Za’atari in Jordania

    Thank you for your continued interest and support, we hope you achieve your goals and that we can help the children of Gaza in a meaningful way!
    Warm regards,

    Daniela Fatarella.

    News articles:

    https://www.cryptocoinsnews.com/berlusconi-love-cryptocurrency-save-children-gaza/
    http://www.panorama.it/news/x-children-beneficenza-tecnologia/
    http://www.cryptocoinindonesia.org/selamatkan-gaza-dengan-x-children/

    Call to action!!!







    --- Update regarding escrow ---

    Since we are awaiting an agreement with a major exchange for the escrow service,
    the teams working on Child have decided to preliminary handle the escrow for the donation address.
    X-Laboratories will provide the address used for donations, which can be publically monitored.
    The Blockchain & Blockexplorer will provide 100% transparency for this temporary arrangement.
    Once an exchange is ready to add Child to their markets and take charge of the escrow we will
    transfer the donations made to that point to their, publically announced, escrow address. This will
    also be fully visible on the blockchain & blockexplorer.

    To bridge the time untill an exchange is ready, we would like to reach out for a trusted Hero-/Legendmember
    of the bitcointalk community to handle the escrow for this inbetween period. We want to provide our coin
    without any possibilities for a scam. If you are a trusted and Hero ranked member of the community please
    contact us to arrange the escrow terms.

    If you have any reservations against this decision feel free to contact us.

    This is the public address where pools should send donations to: CejuLjQkhRwmtt1yhiD1MTagbTTcJnaZGk
    This is the block explorer url: http://blockexperts.com/child



    Translations:

    Chinese ANN thread
    German ANN thread
    French ANN thread
    Spanish ANN thread
    Italian ANN thread
    Turkish ANN thread
    Russian ANN thread
    Dutch ANN thread




    X-Children is a revolutionary PoW coin featuring an established difficulty adjustment algorithm (X11) and an innovative two-phase distribution plan which ensures that the coin remains sustainable and economically viable. During the first 28 days 90% of all coins will be distributed, then transitions to anti/inflation 1 coin per block mode.

    Features:

    • Proof of identity to secure investors from frauds.
    • no IPO
    • no premine
    • 60 Second block time.
    • 30 block retarget
    • maturity 60
    • confirmations 6
    • total coins 2 mil
    • 90% of coins mined in the first 28 days of mining to fight inflation and price instability.

    Fair and stable launch:

    Initially the block rewards for the first 30 blocks contain no coins, this is to ensure that the launch is as fair as possible. This means that pools have time to confirm that their systems are working as expected and that everyone has a fair chance to unlock their wallets and set up solo mining if they wish.

    Reward Schedule:

    After the initial 30 blocks the reward schedule for this coin features a rapid distribution of coins for the first 28 days. Large rewards are available for those mining on the first and last day of the initial phase to both reward early adopters and also to draw interest to those who may have missed out at the release.

    Initial CHILD Phase: Accumulation

    1 - 31 : 0 CHILD
    (to ensure that the launch is fair and everyone, including pools, is ready for the launch)
    32 -1471: 80 CHILD (1 day)
    1472-20191: 40 CHILD (13 days)
    20192-38912: 40 CHILD (13 days)
    38913-40352: 80 CHILD (1 day)

    Final CHILD Phase: Airdrop and market stabilization
    40353-318230: 1 CHILD (approximately 221 days)
    318231 and onward: 1 CHILD





    Ports:

    P2P: 33112
    RPC: 33111

    Wallets:

    You can download the linux, mac and windows wallets from our website: http://www.x-children.org/

    For the source code visit our github page: https://github.com/arcanoz/child-2.0

    Mining profitability calculators

    Whatmine

    Mining pools:





    http://blockexperts.com/child




    Bittrex
    https://www.bittrex.com/Market/?MarketName=BTC-CHILD

    C-Cex
    https://c-cex.com/?p=child-btc

    CHILD is on BTER.com voting list now

    https://bter.com/voting

    Coin market cap listing
    http://coinmarketcap.com/currencies/x-children/




    The fundament for this coin is the robust framework of Darkcoin, a proven design which grants our coin a good resistance against double spend attacks and ASIC resistance, as well as helping the miners save power thanks to the X11 algorithm.

    In its core, X-Children is a cryptocurrency that aims to motivate miners, as well as traders to invest in it, to eventually work towards the good cause, to help the charities in Gaza through the “Proof of Heart” (massive mining fee reserved for the charity airdrop is at pool operators discretion)

    Our pool will have a fixed percentage (40%), reserved for the public address used to stack the Airdrop coins (38%) and the pool operation costs (2%).

    Once this goal is fulfilled, and the donation is public and confirmed, the coin will continue being mineable, and new objectives can be set in the near future, whenever the need for compassion and love is needed.



    Our team:



    X-Laboratories
    www.xlabstudio.com



    Crypto Traders Brotherhood
    Blockchain asset management
    https://twitter.com/ct__brotherhood


    Claimed bounties:

    • Italian thread, by andrealandia
    • Chinese thread, by sunerok
    • Russian thread, by koba24
    [/list]
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    DougB62
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    August 24, 2014, 07:00:50 AM
     #2

    I'm watching this one for sure. Sounds interesting, and I will be following closely. Good luck!
    X-Laboratories
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    August 24, 2014, 11:54:45 AM
     #3

    Finally  Wink
    Hope this project lead the way for a new kind of alts, based on truth and not on hype.
    Please feel free to ask any further info regarding x-children project.
    Arcano

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    August 24, 2014, 11:56:31 AM
     #4

    good luck with this
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    August 24, 2014, 12:02:36 PM
     #5

    should be "proof of scam", not antiscam lol
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    August 24, 2014, 12:24:20 PM
     #6

    Time to show the world for what good cryptocurrencies can be used  Smiley
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    August 24, 2014, 12:38:01 PM
     #7

    should be "proof of scam", not antiscam lol

    sure? proof of scam? sure bro...? nice story bro

    "sine secretum non libertas"
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    August 24, 2014, 12:45:46 PM
     #8

    I have a faith , and that is the most important thing that children need...so good luck whit project guys... I hope it will be great success...  Smiley
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    August 24, 2014, 12:48:12 PM
     #9

    Reserved.Don't let us down Wink
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    August 24, 2014, 01:02:50 PM
     #10

    Sounds intresting.proof or heart.i hope you can make it!
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    August 25, 2014, 03:47:42 AM
     #11

      Shocked Shocked Shocked Shocked Billy Berlusconi and Ivan Labrie!?  Shocked Shocked Shocked Shocked

     Shocked Shocked Shocked Shocked Watching  Shocked Shocked Shocked Shocked Closely!  Shocked Shocked Shocked Shocked
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    August 25, 2014, 04:09:16 AM
     #12

    Quit possibly the worst coin name anyone could come up with when talking about helping kids around the world.

    The letter 'X' and the word 'children' should not be that close to eachother.

    I am going to release a coin to raise awareness for sexual assault and call it R-Women Coin, or rapecoin.  Sound good?
    IMJim
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    August 25, 2014, 04:10:20 AM
     #13

    Quit possibly the worst coin name anyone could come up with when talking about helping kids around the world.

    The letter 'X' and the word 'children' should not be that close to eachother.

    I am going to release a coin to raise awareness for sexual assault and call it R-Women Coin, or rapecoin.  Sound good?


    Uhhm, REALLY good point here!
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    August 25, 2014, 04:23:24 AM
    Last edit: August 25, 2014, 04:33:38 AM by ObscureBean
     #14

    How will you ensure that miners will keep supporting the network after the 28 days? 1 coin per block won't be enough incentive unless there is massive adoption and the coin is REALLY valuable. Having 90% of the coins distributed within 1 month means that it will be relatively easy to mine. Easy to mine = easy to dump. It's unlikely that you'll be able to achieve a high enough value at the end of the 28 days to keep people interested in mining. Maybe I'm missing something though. It would be great if you could elaborate a little more on your strategy.
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    August 25, 2014, 04:33:20 AM
     #15

    How will you ensure that miners will keep supporting the network after the 28 days? 1 coin per block won't be enough incentive unless there is massive adoption and the coin is REALLY valuable. Having 90% of the coins distributed within 1 month means the it will be relatively easy to mine. Easy to mine = easy to dump. It's unlikely that you'll be able to achieve a high enough value at the end of the 28 days to keep people interested in mining. Maybe I'm missing something though. It would be great if you could elaborate a little more on your strategy.

    Just my opinion but right now the adoption rate of mining is in a decline.  So theres not going to be a large influx in accepted rate beyond 28 days.  Yes a majority of miners will jump off but this is not meant to be a short term coin. Long term stability and a short time for multipools to attempt to drive it down I think is a good median at 28 days (give and take).  Multipools are a huge culprit in distribution problems and making the mining too long will only give more time for multipools to dump on investors.

    If you truely believe in any coin that exists.  You would be willing to use the multipool made for that coin.  For example if you think mining for 1 coin per block is not worth it you can use a multipool designed to payout in CHILD to still gain coins.  Theres nothing stopping miners from trading there btc or someone making a multipool that supports this coin (not sure if thats part of the plan yet or not).  Beating multipools is near impossible at this point in the crypto-economy and like I said if your a mining guru who wants coins you can always use a multipool and trade your BTC or use a direct multipool if one is released and get the same effect (actually better for the coin as it applies buy pressure instead of creating inflation by creating new coins you are buying old ones and increasing market cap, win win)

    Quit possibly the worst coin name anyone could come up with when talking about helping kids around the world.

    The letter 'X' and the word 'children' should not be that close to eachother.

    I am going to release a coin to raise awareness for sexual assault and call it R-Women Coin, or rapecoin.  Sound good?


    Uhhm, REALLY good point here!

    I think the name of the coin itself is actually CHILD? I could be wrong but it appears this is released by X-labs and I believe they call it X-Children because of X-labs. But for short it will be Child and the graphics seem to reflect it.  It is a little strange of a name but Id call it a stretch to say its horrible or X and Children have some sort of weird bad relation? It doesnt say anything like X-wife? It says X-Children.. Doesnt seem like a strong enough similarity or weirdness to cause issues IMO.
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    August 25, 2014, 05:17:38 AM
     #16



    Just my opinion but right now the adoption rate of mining is in a decline.  So theres not going to be a large influx in accepted rate beyond 28 days.  Yes a majority of miners will jump off but this is not meant to be a short term coin. Long term stability and a short time for multipools to attempt to drive it down I think is a good median at 28 days (give and take).  Multipools are a huge culprit in distribution problems and making the mining too long will only give more time for multipools to dump on investors.

    If you truely believe in any coin that exists.  You would be willing to use the multipool made for that coin.  For example if you think mining for 1 coin per block is not worth it you can use a multipool designed to payout in CHILD to still gain coins.  Theres nothing stopping miners from trading there btc or someone making a multipool that supports this coin (not sure if thats part of the plan yet or not).  Beating multipools is near impossible at this point in the crypto-economy and like I said if your a mining guru who wants coins you can always use a multipool and trade your BTC or use a direct multipool if one is released and get the same effect (actually better for the coin as it applies buy pressure instead of creating inflation by creating new coins you are buying old ones and increasing market cap, win win)



    The thing is this is not a PoS coin, while mining with a multipool can potentially increase buy pressure, it does not do anything to support the network. You need to have miners mining the coin directly to ensure stability of the network. Mining reward drop-off at the end of the 28 days is too drastic. It goes from extremely easy to mine to extremely hard to mine. You won't be able to stop miners from dumping during the first month. That's not so bad in itself because they would only be redistributing the coins. What's bad is that dumping will inevitably drive the value down and if value is not high enough at the end of the 28 days, incentive to mine the coin will be less. A gradual decrease in reward over a period of months or even years would definitely be preferable. It would give the price time to stabilize and allow the market to adjust better to new coins.
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    August 25, 2014, 08:33:13 AM
     #17



    Just my opinion but right now the adoption rate of mining is in a decline.  So theres not going to be a large influx in accepted rate beyond 28 days.  Yes a majority of miners will jump off but this is not meant to be a short term coin. Long term stability and a short time for multipools to attempt to drive it down I think is a good median at 28 days (give and take).  Multipools are a huge culprit in distribution problems and making the mining too long will only give more time for multipools to dump on investors.

    If you truely believe in any coin that exists.  You would be willing to use the multipool made for that coin.  For example if you think mining for 1 coin per block is not worth it you can use a multipool designed to payout in CHILD to still gain coins.  Theres nothing stopping miners from trading there btc or someone making a multipool that supports this coin (not sure if thats part of the plan yet or not).  Beating multipools is near impossible at this point in the crypto-economy and like I said if your a mining guru who wants coins you can always use a multipool and trade your BTC or use a direct multipool if one is released and get the same effect (actually better for the coin as it applies buy pressure instead of creating inflation by creating new coins you are buying old ones and increasing market cap, win win)



    The thing is this is not a PoS coin, while mining with a multipool can potentially increase buy pressure, it does not do anything to support the network. You need to have miners mining the coin directly to ensure stability of the network. Mining reward drop-off at the end of the 28 days is too drastic. It goes from extremely easy to mine to extremely hard to mine. You won't be able to stop miners from dumping during the first month. That's not so bad in itself because they would only be redistributing the coins. What's bad is that dumping will inevitably drive the value down and if value is not high enough at the end of the 28 days, incentive to mine the coin will be less. A gradual decrease in reward over a period of months or even years would definitely be preferable. It would give the price time to stabilize and allow the market to adjust better to new coins.

    The total coins per block is not very high anyway.  A majority of the coins do not go to the block finder (unless i am reading it incorrectly) the blockfinder or pool only receive 20% of block reward.  Even at its highest during the final day thats 20% of 80 per block which is 16.  This is only for the first and last day of full reward mining all other days its 8.  So although it is a fairly large drop from 8 or even 16 to 1 the amount of hashrate lost to equalize should not compromise the network security.  The hashrate will drop but i dont think it will be significant.  Since the full reward mining period is short its possible the adoption rate could stabilize the price.  All speculation but it is possible.

    Could very well be a HIGH value coin Smiley.  Show your heart and donate some when they are released Smiley. Im excited for this one.  Much more interesting then many others lately.  At least its NOT a scam Smiley.
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    August 25, 2014, 09:44:59 AM
     #18

    Launch date confirmed, countdown started.
    Stay tuned.
    https://www.altcoincalendar.info/calendar

    "sine secretum non libertas"
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    August 25, 2014, 12:20:05 PM
     #19

    Very nice project. I will following closely. Good luck guys!
    ivanlabrie
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    August 28, 2014, 04:28:24 AM
     #20

    The team's glad to announce that the launch date is 100% confirmed and everything is going as expected.

    So see you all on Monday!  Cool
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