[ANN][Nanocoin] Revolutionary Geographic Based Distribution [LAUNCH SOON]

[nanocoind]

https://nanocoin.io/images/thread_header.png

https://nanocoin.io/images/nanobody.png

https://nanocoin.io/images/featbody.png

https://nanocoin.io/images/distbody.png

Current Status

Our project was started in 2012, you can see our first attempt github here: https://github.com/nanocoin-project/nanocoin

We have since moved our development to private github repositories. We will maintain a core open source client with basic features but most of the advanced features will be proprietary.

Nanocoin Core Clients will be released in the next few days, we are finishing QA Testing.

UPDATE - LAUNCH SOON

We had some issues having our community (open source client) not registering transactions from our proprietary client along with compiling issues with the QT clients. We are going to delay the launch for about 5 days while we work out these issues. We want to make sure that we launch with completely working statically compiled QT clients so everyone has a fair chance to mine Nanocoin. We will make more announcements in this thread and on our reddit as we get closer to our actual launch.



In the meantime, check out our subreddit: http://reddit.com/r/nanocoin

Website http://nanocoin.io

Email developers@nanocoin.io

Email pr@nanocoin.io

We are looking for Exchanges who want to work with us with our crowd funding sales, please email us if you are interested in accepting our coin on your exchange.

Summary

Protocol Proof-of-consensus
Total coins 50000000
Interest 1.2%

Distribution
75,000 Distributed through Scrypt PoW Mining (First 75,000 Blocks)
95% Distributed Through Geolocal Faucets
5% Sold At Launch To Create Nanocoin Foundation. Primarily funding development.

[Shadow_Runner]

ICO?

[escalicha]

Crowd Funding??

[notsofast]

The beacon distro model is super interesting. It's the kind of thing I want to help test, break/abuse, and strengthen.

[nanocoind]

The beacon distro model is super interesting. It's the kind of thing I want to help test, break/abuse, and strengthen.

This will certainly be an experiment, and we have done our best to try to make it fair as possible.

We have two solid developers and we want to expand our team. We are looking to hire both Java and C++ developers.

[najzenmajsen]

looks nice , hope its not just another scam

[mexicantarget]

just me or the images not loading fully?

[nanocoind]

just me or the images not loading fully?

If the images are not loading correctly you can read the information about nanocoin at the website: http://nanocoin.io

[nanocoind]

We dramatically revised our distribution strategy, we are now going to allow PoW blocks to be submitted for 75,000 blocks.

We are still running tests against the Core client and our proprietary clients on testnets. We will have the core client available soon and people can begin mining. We will set a exact date and setup a timer soon.

[rightdudehere]

Is there a windows client available?

[nanocoind]

Is there a windows client available?

We are building a non-QT non-Satoshi based proprietary client called Nano that will be available on Android, IOS, Windows, OSX and Linux. This will not be ready on launch.

On launch we will release Nanocoin Core, an open source version. We will release a Windows, Linux and OSX QT client for the core on launch. This is a heavily modified version of Blackcoin. It features a modified version of proof of stake, called proof of consensus. Our major advancements won't be released until Nano comes out. We have made proof-of-consesus far more efficient and uses far less battery power.

[GeryKeysOxygenTank]

so when is launch?

[CoinBreader]

indeed looks good! if it not another proof of scamshit

[kekek]

Release date?

[NoobKidOnTheBlock]

Yes when is the release date and when can we start mining this coin? I would love to partake in the party

[nanocoind]

We apologize for the delay, however all of us here at Nanocoin strongly agree that is it better to launch with a solid foundation than rush onto the scene with a half baked project like so many others. We have been hard at work developing something beyond your run-of-the-mill altcoin. We believe that Nanocoin has the potential to be a game changer in the world of cryptocurrency, otherwise we would not be pouring our hearts and souls into this venture. We look forward to hearing feedback from the community upon launch and intend on making it a top priority to integrate any ideas you have to share.

We have big news and further details on the horizon. Please stay tuned!

Cheers,
Rick

[provenceday]

When will you release this?

Thanks.

[MisO69]

We apologize for the delay, however all of us here at Nanocoin strongly agree that is it better to launch with a solid foundation than rush onto the scene with a half baked project like so many others. We have been hard at work developing something beyond your run-of-the-mill altcoin. We believe that Nanocoin has the potential to be a game changer in the world of cryptocurrency, otherwise we would not be pouring our hearts and souls into this venture. We look forward to hearing feedback from the community upon launch and intend on making it a top priority to integrate any ideas you have to share.

We have big news and further details on the horizon. Please stay tuned!

Cheers,
Rick

Sounds like you are on the right path. Just take your time and release it when its ready.

A few posts back you guys had the intention of releasing a blackcoin fork so that we can start mining. Will this still happen or do you plan to go directly to nanocoin non qt at launch? When do you think we will be able to start mining? A one week countdown would be a good thing. Don't ninja launch the mining part.

[lihaidong198871]

e,I really not understand this "95% Distributed Through Geolocal Faucets "? 

[nanocoind]

Sounds like you are on the right path. Just take your time and release it when its ready.

A few posts back you guys had the intention of releasing a blackcoin fork so that we can start mining. Will this still happen or do you plan to go directly to nanocoin non qt at launch? When do you think we will be able to start mining? A one week countdown would be a good thing. Don't ninja launch the mining part.

We are aiming for a launch within the next week if we are satisfied with our progress. Thank you for the countdown idea, this sounds great and we plan to implement it shortly.

We will be doing a long period of scrypt mining to ensure diverse distribution. In order to give people time to prepare mining we plan to launch with zero mining reward for the first five days, then it will be moved to one coin per block.