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Author Topic: [ANN] [CV2] ColossusCoin2.0 | Yobit.net | NovaExchange - Swap to COLX is closed  (Read 115343 times)
AltCoinEnthusiast
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August 16, 2017, 06:21:10 PM
 #1181

>>Update<<

Colossuscoin was founded as a energy-efficient Internet currency and want to continue our concept to be a long-term energy-efficient/ Evironmentally friendly Crypto-Currency!  
BitSend is based on POW proof-of-work mining thus mining consumes a lot of energy.
This is one of the reasons why we have decided to continue as a POS/ Proof of Stake Coin.
The new ColossusCoinXT COLX Blockchain will be based on the PIVX Source Code with a fixed PoS block reward.
The PIVX Features are very innovative,  special and awesome (for instance: improved Proof of Stake 3.0 protocol, Masternodes, SwiftTX Instant Transactions,
Private Instant Verified Transactions /full-time private transactions, Obfuscation Mixing Mechanism, innovative variable seesaw reward mechanism, Coin Control ...)
See: https://pivx.org/what-is-pivx/features/  . The start of the Coin Swap on NovaExchange will be will be postponed 1 Week.
We have scheduled to start the Coin Swap on NovaExchange on Aug 31/ Sep 01.
Thank you for your understanding! We will continue to do our best to push ColossusCoin forward!

The Colossuscoin Dev Team


Good Choice!
PIVX's Code Base is advanced and I prefer PIVX's Proof of Stake 3.0 protocol!

Quote
PIVX is an open source crypto-currency based on Bitcoin core 0.10.x and DASH. It utilises Proof of Stake 3.0 protocol for securing its network and uses an innovative variable seesaw reward mechanism that dynamically balances 90% of its block reward size between masternodes and staking nodes and 10% dedicated for budget proposals. The goal of PIVX is to achieve a sustainable crypto currency with near instant full-time private transactions, fair governance and community intelligence.
https://pivx.org/what-is-pivx/white-papers/

Good luck and keep up the good work!

-Alt

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August 16, 2017, 09:20:40 PM
 #1182

hello all, Of people told me that you want a new logo, what are the conditions to respect?
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August 17, 2017, 12:26:50 AM
 #1183

https://steemit.com/cryptocurrency/@rogue91/cv2-coinswap-and-rebranding-coming


Let me know if it needs any updates (get a few days before it finalizes on the blockchain)

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August 17, 2017, 02:19:41 AM
 #1184

Just picked up a bunch more cv2.  Anything that the community can do to assist?

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August 17, 2017, 05:25:14 PM
 #1185

Has anyone else noticed that its worth more with ETH than it is BTC?

Still wonder why there's such a wall on the BTC pairing lol

I may just buy that up Smiley

Edit: also chatter is happening on Nova. I think volume is picking up! Great signs for things to come for this project dev!

f0me Address:
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August 17, 2017, 07:17:16 PM
 #1186

 
Colossuscoin2's proof-of-stake system combines randomization with the concept of "coin age," a number derived from the product of the number of coins times
the number of days the coins have been held.
Coins that have been unspent for at least 7 days begin competing for the next block.
Older and larger sets of coins have a greater probability of signing the next block. However, once a stake of coins has been used to sign a block,
they must start over with zero "coin age" and thus wait at least 7 more days before signing another block.
Also, the probability of finding the next block
reaches a maximum after 28 days in order to prevent very old or very large collections of stakes from dominating the blockchain.
This process secures the network and gradually produces new coins over time without consuming significant computational power.



Coinage is measured by the amount of Coins times the number of days they have been stationary in your wallet.
After one Week of being stationary in your wallet, Coins will be eligible to "Stake" and will compete on the network to prove ownership.
Once you have some Blocks of Coins that are above the minimum age, the little green arrow will light up in your wallet.
Coinage accumulates automatically, you do not need to have your Colossuscoin2 wallet running but once your Coins are past the minimum age of one Week,
they will only Stake once your wallet is open, online and connected to the network. All fees are paid to Stakers which increases the Proof of Stake Block rewards.

At a minimum age of 7 days people can receive a a static block reward of 5000 Coins per Stake and as time goes on it increases the active Coins Staking on the network.
Staking is important because it provides consensus and security for the network, the more people Staking on the network the stronger it is.
The Staking is fairly straightforward, all Proof of stake Blocks reward 5000 Coins per Block at 2 minute Block times.
Average Block to Stake currently is between 50,000 - 100,000, this is the amount of Coins in one transaction sent to
an address in your wallet. Lower amounts would take longer to Stake with a maximum of 28 days when Coinage stops growing.
Coinage is calculated as the number of Coins * the amount of days past.





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ColossusXT
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.
Join the COLX community on:
TwitterFacebookTelegram
DiscordReddit Bitcointalk
.
metallicelmo
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August 17, 2017, 10:02:40 PM
 #1187

Any chance of this coin hitting bigger exchanges?

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August 17, 2017, 10:40:32 PM
 #1188

Any chance of this coin hitting bigger exchanges?

Yes.  Cheesy

Actualy after swap to new COLX coin, we have greater chance to
be listed on Bittrex since they dont accept coins with number in their ticker.

vote for delegate heliohash on Ark mainnet.
80% profit sharing with voters every Friday. https://twitter.com/HelioHash
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August 18, 2017, 01:22:49 AM
 #1189

With community opinion regarding the MN amount the amount after swap for a MN is 10m -- (20m cv2) which should allow a tremendous diversification of MN holders and won't make this only a whale game.   Smiley


@metallicelmo
Yes, it is possible to be listed on any exchange now.  Most of the "larger" exchanges don't allow coins that have a number in their ticker, so with the full rebranding and the swap to the pivx wallet I think we can reach a broad variety of people and help the community grow immensely.

Also adding this update part in -- It was posted on slack and on the colossus forum trollbox but not here (as far as I've seen -- I tend to view most recent pages):

"I have spoken to presstab a well known and very experienced cryptocurrency developer (he made hyperstake for instance and is a core developer of PIVX) He will do the coin creation for us and as a bonus I have contacted logocreator, he will design the new COLX CollossusCoinXT Logo and wallet splash"

There was more, but I think that's a sign to anyone reading now that they should join telegram so they don't miss out on the latest news.   Smiley

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August 18, 2017, 02:27:21 PM
 #1190

How / When and where? I can swap my CV2 on Colx?
RCToken_y2s
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August 18, 2017, 02:41:02 PM
 #1191


CrowdFunding
We are planning to build a new ColossusCoin XT Blockchain (Ticker: COLX). It will be based on the PIVX Source Code and we will do a full Swap (2:1 exchange rate) on NovaExchange.
https://novaexchange.com/coinswap/ . For 2 ColossusCoin2 (CV2) you will get 1 ColossusCoinXT (COLX).
The Total Circulating Money Supply will get halved to 12.0 Billion COLX Coins.

New ColossusCoinXT Wallet Specs: Improved Proof of Stake 3.0 protocol, Masternodes, SwiftTX Instant Transactions,
Private Instant Verified Transactions /full-time private transactions, Obfuscation Mixing Mechanism, innovative variable seesaw reward mechanism, Coin Control and more


The crowdfunding is active. Please send BTC to Bitcoin Address: 18MXDWxe9Z6dEW5XV78CRomZBdiTEpeC2H if you want to support the Project.
First Goal: 0.55 BTC for new COLX Wallet Creation. ✔ First Goal reached!
Second Goal: 0.50 BTC for NovaExchange Coin Swap Service ✔✔ Second Goal reached!
Note: If we don't achieve our goals we will just do a CV2 ColossusCoin2.0 Feature update with the collected funds.

The Dev fund address will stay public so the community can see our transparency.

Current Contributions: ~1.05 BTC
Mrbates: ~0.4192 BTC + ~0.47453BTC
Anonymous: ~0.0686 BTC
Sudo23: 0.055 BTC
fishfishfish313: 0.0127 BTC
Heat007: 0.01 BTC
Th82: 0.01 BTC
https://blockchain.info/address/18MXDWxe9Z6dEW5XV78CRomZBdiTEpeC2H

Thank you!
The Colossuscoin Dev Team

>>Update<<

Colossuscoin was founded as a energy-efficient Internet currency and we want to continue our concept to be a long-term energy-efficient/ Evironmentally friendly Crypto-Currency!  
BitSend is based on POW proof-of-work mining thus mining consumes a lot of energy.
This is one of the reasons why we have decided to continue as a POS/ Proof of Stake Coin.
The new ColossusCoinXT COLX Blockchain will be based on the PIVX Source Code with a fixed PoS block reward.
The PIVX Features are very innovative,  special and awesome (for instance: improved Proof of Stake 3.0 protocol, Masternodes, SwiftTX Instant Transactions,
Private Instant Verified Transactions /full-time private transactions, Obfuscation Mixing Mechanism, innovative variable seesaw reward mechanism, Coin Control ...)
See: https://pivx.org/what-is-pivx/features/  . The start of the Coin Swap on NovaExchange will be will be postponed 1 Week.
We have scheduled to start the Coin Swap on NovaExchange on Aug 31/ Sep 01.
Thank you for your understanding! We will continue to do our best to push ColossusCoin forward!

The Colossuscoin Dev Team


ClossusCoinXT (COLX) Specifications
Algo: Quark
Block 1: 12 Billions COLX pre-mined  [reserved for a full swap over (reverse 1-for-2 coin split)]
Reverse Coin split of 1:2 means investors will receive one ColossusCoinXT (COLX) for every two ColossusCoin2 (CV2) they own.
In other words, ColossusCoinXT Money Supply will be reduced to 12 billion after the split.
Block Reward:
Blocks 2 - 151,200: 2500 COLX
Blocks 151,201 - 302,399: 1250 COLX
Blocks 302,400 - Infinite:  1000 COLX
Proof of Stake Schedule:   5% to proposals for all phases
95% distributed to stake wallet and master node


Proof of Work Schedule
Block 1    12 Billions COLX pre-mined
Blocks 2 - 10,080 (approx 14 days): 60% POS and 40% POW (60% master node | 40% to miner)

Block Time: 120 seconds with re-targeting after every block
10 COLX Coin Fee on transactions is also part of the Block reward on top of the 2500 Coins per Block
Minted Confirmations:    90
Transactions Confirmations:    6
Minimum Stake age is 1 week/ Maximum stake age is 28 days
Masternodes 10,000,000 COLX per Masternode 
(Multiple masternodes per wallet, requires a VPS)



Colossuscoin2.0 has been launched successful on February 08, 2015! Fair Launch, no ICO/IPO!
Colossuscoin announced the planned release of ColossusCoin2.0 9 days before the release on January 30, 2015.
https://www.altcoincalendar.info/coins/1288-CV2


Feature update for CV2
ColossusCoin2.0 Version 1.2.0 has been released

ColossusCoin2 Version 1.2.0 comes with a the change of Multisend GUI which replaces the CV2 for Charity function.
Multisend allows you to send up to 100% of your Stake to multiple addresses of your choosing. A small fix to the Hashsettings has been added.


MultiSend RPC calls

multisend <command>
What is MultiSend?
MultiSend is a rebuild of what used to be called Stake For Charity (s4c)
MultiSend allows a user to automatically send a percent of their stake reward to as many addresses as you would like
The MultiSend transaction is sent when the staked coins mature
The only current restriction is that you cannot choose to send more than 100% of your stake using MultiSend

Wallets
Windows Wallet (MediaFire):


Alternative Download Link:
Mega.nz: https://mega.nz/#!ygg1mQDT!RnkS591SNrdFQqn7apcOe_NnS5HxIiiIqUKn5fo77Tg

Mac Wallet (MediaFire):


Alternative Download Link:
Mega.nz: https://mega.nz/#!X0pyhLBB!BmICvGmQCbANgrNEUWEHOiQ8NhrfzXRo-iNuOIhXNUs




The source code is available at GitHub:
https://github.com/Sudo23/ColossusCoin2


SWAP CLOSED

The swap has finally ended on 26th of January , 2016.

This was the last day and final date of the swap over.
The cut-off for the swap to the new coin has finished on 26th of January , 2016 and follow-up it will take a further 1 month to process any outstanding payments.  
No more old ColossusCoinV1 COL will be accepted.
Swapping was open for 4 month as of 26th September, 2015 till 26th December, 2015   26th of January , 2016.
There was a certain amount of time (a deadline) for swapping your ColossusCoin (COL) to ColossusCoin2.0 (CV2).



Proof of Work/Proof of Stake Hybrid transitioning into Proof of Stake only
Hashing Algorithm: X13
Blocktime: 120 seconds Blocktime

Proof of Work
- 19.1 Billion per Block the first Block
= Approx. 15.8 billion were already both mined and staked by Colossuscoin (COL) holders (1/20 coin split)

Proof of Stake reward
- POW 1000 Coins per Block for 10,080 Blocks (10 days)
- POW will also generate fees of 20 Coins per block
- After approx. 5000 Blocks POS will start and estimated at 60% POS and 40% POW
- Minimum Stake age is 1 week
- Block Time is 2 minutes
- Reward is 5000 Coins per Block
- The supply grows at approximately 6.5% per year but rewards smaller Blocks = The proof of stake rate of interest is about 6.5% per year.
- 20 Coin Fee on transactions is also part of the Block reward on top of the 5000 Coins per Block
- It is to allow for higher rewards at lower inflation per year.


/Coin Control
Coin control lets you view your transactions and the amount of Coins in each Block you have along with it's confirmations.
You can enable it by going into "settings" then "options" and under the "display" tab, choose "display Coin control" and apply the changes.




Wallet Features
- Multisend
- Coin Control
- Block explorer
- Statistics
- IRC chat
- Use of minimal coinage (enable in "options" and under the "display" tab)
- Links to all relevant resources

RPC calls (command line help items)
getmoneysupply (nHeight)  - view the money supply by blockheight
moneysupply - view money supply growth information.
setstakesplitthreshold -  set your stake split threshold and gain more stake
getstakesplitthreshold -  view your threshold limit
addnode - add nodes on the command line
getaddednodeinfo - information about added nodes
rescanfromblock (nheight)  - rescan backups from a certain height
deleteaddress - delete old addresses
multisend - allows a user to automatically send a percent of their stake reward to as many addresses as you would like

Gui Features for Multisend
Checkwallet and Repairwallet added to tools along with orphan removal
Added blocks by weight to coin control
Better stake estimation
Fix of volume in statistics to read as accurate money supply



ColossuscoinV2 has been added to Poswallet.com
Join the Group-Stake Movement with a POSWallet Online. Colossuscoin2 has joined Proof Of Stake wallet (POS wallet), an online wallet community
connected to a group of proof of stake coins. Have a look at their website  Poswallet.com



Special thanks to the Poswallet.com-team









New Colossuscoin2.0 CV2 Bitcointalk-Thread: https://bitcointalk.org/index.php?topic=941433.0
OLD Colossuscoin COL1.5 Bitcointalk-Thread: https://bitcointalk.org/index.php?topic=492392.0



         





The new Colossucoin2.0 blockchain have 19.1 Billion premined coins in the first block (of which approx. 15.8 Billion were already both mined and staked by Colossuscoin (COL) holders (1/20 coin split) equaling over 313.3 Billion ColossuscoinV1(COL) to date)
Approx. 15.8 Billion Colossuscoins2.0 (CV2) will be reserved for a full swap over, this corresponds to approx. 313.5 billion total Colossuscoin (COL) supply (20:1 Colossuscoin-Colossucoin2.0 ratio)
3.3 Billion Colossuscoins2.0 extra are created and will be added to the Development Fund for the Swapover, for future costs, bounties, future projects and Colossuscoin2.0 development. (500 Million CV2 remain)
To start the Development Fund would only be accessible by Sudo23 and Th82 with multiple layers of security but we plan on creating an online wallet with Multi-Authentication for access, and Multi-Sig for transaction approval. Development Fund Address: CLMK9f4mL6npAvV8n8PMCJEZSzSZvVm38e
Unswapped coins:
All excess ColossusCoin2.0 unclaimed coins will be distributed through BOINC community-based open-source project.  (reserve 10% for the development fund).
Transparency: The Community will be able to check/track an open ledger of the swapped coins. The Foundation will maintain an open ledger for all its transactions and an open ledger of the premine, 100% transparent. We will be publishing a transparent budget for all payments via blockchains explorers.
As mentioned before, Transparency is our priority.
Premine Fund Wallet Address: CV5zFE8B33wdSWrTdXLLiKtQyanaBK5wRb (2.75 Billion CV2 are remained from the swap-over and will be used for further Development)
 

Colossuscoin was founded on 22 August 2013 and is a decentralized, open-source peer-to-peer (P2P) energy-efficient Internet currency that enablesfast instant payments to anyone in the world with almost no fees. It runs off the popular scrypt protocol which gives it unmatched stability and easy accessibility. Its design is public, nobody owns or controls Colossuscoin and everyone can take part.




Bounties are paid with the Foundation's funds:
Android Wallet:   [.....] CV2
Games:             [.....] CV2





Tradesatoshi
https://tradesatoshi.com/Exchange?market=CV2_BTC




[Giveaway] Getting 2000 ColossusCoin2.0 CV2 for free! (for new registered users)
http://colossuscointalk.org/index.php?topic=1216.0



Colossuscoin has great plans for the future of Cryptocurrency.
Below are a few of the ideas which have been raised for upcoming releases.  
List of Projects
- Swapover (reverse 1-for-20 coin split) (completed)
- Built-in API to connect to exchanges
- Multi-Sig Development Fund
- Android Wallet
- Multi-Factor Authentication for Wallets
- Possible add HODL Feature, add Multinodes and DarkSend

     





The Colossuscoin/V2 team consists of experienced members of the cryptocoin community with skills ranging from coin development to marketing and website development. The team is committed to seeing Colossuscoin/V2 succeed and will work hard to ensure this happens.

Sudo23: Founder of the ColossusCoin Foundation, Developer, Website and Forum Administrator, Marketing & Communications/ Public relations
Th82: Marketing & Communications/ Public relations, Investor, Giveaways
Heat007: Assistant Developer, Public relations, Global Moderator on our Forums
Cryptotech: Developer, Marketing & Communications/ Public relations, Admin of www.thecryptochat.net
Firerabbit: Film/video editor, Marketing & Communications/ Public relations
pollforall skilled Technical Developer (Freelancer), Coin Services

...and a fast growing community of volunteers

Get involved - Colossuscoin/V2 is a free software and any developer can contribute to the project.

How can I contribute?
Just fork one of our GitHub repositories at https://github.com/Sudo23/ColossusCoin2/ and start working. Developers work in their own trees, then submit pull requests when they think their changes are mature. These pull requests are then discussed in the community and if there is consensus they get pulled in fairly quickly.




/Conf File
Windows:
Here is a guide to setting up a .conf file if you need it.

    Go to Control Panel
    In the Search box, type Folder
    Click "Folder Options"
    Click the tab that says View
    Make sure there is no check in the box for "Hide file extensions for known file types" (de-select this option and click OK)
    Exit Control Panel

    On Windows 8, right-click the start button and select "Run"
    (for Windows 7, left-click the start button and type "run" into "Search Programs and Files", then click Run at the top of the list)
    In "Run", type %appdata% and press Enter
    You should see the folder located at Appdata/Roaming
    Open the ColossusCoin2 folder
    Right-click and Create New File - create a new Text document
    Open the document with Notepad
    Paste the following into the file: (but put a username and password instead of "username" and "password)

/Sample.conf
Config ColossusCoin2.conf:
Code:
listen=1
daemon=1
server=1
rpcuser=*yourusername*
rpcpassword=*yourpassword*
rpcport=43521
port=43522
rpcallowip=127.0.0.1
addnode=217.175.119.125:10682
addnode=185.128.41.157:42270
addnode=184.164.129.202:63519
addnode=88.99.248.15:52890
addnode=51.254.45.117:60780
addnode=5.67.156.220:52127
addnode=81.169.251.126:61109
addnode=196.52.84.11:60020
addnode=51.7.254.188:55690
addnode=173.212.196.182:36033
addnode=67.84.22.18:43522
addnode=71.84.153.33:62130
addnode=36.232.139.83:57258
addnode=83.151.2.66:62590
addnode=85.224.56.57:62066
addnode=70.162.9.173:49466
addnode=64.250.42.140:57155
addnode=177.190.233.114:34186
addnode=95.42.230.127:49828
addnode=171.80.212.93:61383
addnode=37.187.153.6:55137
addnode=69.176.242.196:34408
addnode=193.124.58.8:49316
addnode=96.246.242.21:49924
addnode=89.14.133.156:61540
addnode=185.17.204.216:14992
addnode=70.119.5.86:49923
addnode=31.134.191.118:1461
addnode=31.23.5.205:63621
addnode=187.145.78.182:59443
addnode=176.241.74.218:58906
addnode=24.185.244.88:51640
addnode=178.221.148.72:49719
addnode=89.14.133.156:55969
addnode=113.248.153.1:21767
addnode=190.17.153.190:53593
addnode=113.248.153.1:22993
addnode=73.189.2.96:51570
   Save the file.
    Re-name the document ColossusCoin2.conf (filetype .conf, not .txt)
    Restart your ColossusCoin2 wallet.



Addnodes for your ColossusCoin2.0 Client

Current Nodes:
http://www.presstab.pw/phpexplorer/CV2/nodes.php
https://novaexchange.com/addnodes/CV2/

If you cannot sync, please follow the instructions below:
1. Back up wallet.dat file and save it somewhere else than in the ColossusCoin2 folder!
2. Delete ColossusCoin2.conf in your AppData\Roaming\Colossuscoin2 Folder
3. Replace the ColossusCoin2.conf file
4. Start client
5. If it gets stuck: close ColossusCoin2 client, reopen client and continue to sync

Change your rpcuser and rpcpassword after downloading ColossusCoin2.conf file  


/Mining Pools

There is no Proof-of-Work its all PoS now. PoW mining is not possible anymore.



/Reimbursement of Lost Coins
Reimbursement of all previously lost coins happend throughout the swap and up to the cut-off date. The cut-off for the swap to the new coin finished after 3 4 months. After the 4 5 months the remained coins became part of the Development and Marketing Fund managed by the Foundation.
In order to be eligiable for reimbursement you must be able to prove beyond reasonable doubt that your coins have in fact been lost.

  • The Colossuscoin Foundation helping to advance and promote Colossuscoin adoption.
  • We are working hard behind the scenes improving all areas of the foundation, a bright future lays before us, full of potential and challenges.

  • Colossuscointalk and its members work together to create a strengthened platform and improved Colossuscoin Foundation on www.Colossuscointalk.org


Q: Why should I exchange ColossusCoinV1 (COL) to Colossuscoin v2.0 (CV2)?
A: Due to the massive size of the main wallet ColossusCoin COL v1 (the old one) has multiple errors in the code, several hardforks and wallet syncing issues (peers are not to be able to connect to each other on the network). The main issue with it is the messaging system, low fees, fast stake and long minimum Prooof of Stake so to just change all of that and keep with the near 1 GB Blockchain just wouldn't make sense. The Colossuscoin COL V1 Block Chain is currently not moving and Col1.52 blockchain is stuck . The original ColossusCoin has experienced technical issues as described in detail here and here.
There are also several bugs and the Colossuscoin/V2-team could not identify the solution to such as transactions getting rejected and being hard to recover as well as Stake before Sync issues and extremely slow Block download times. So thats why the Colossuscoin/V2 team have decided to build a new blockchain (Colossuscoin2) and do a full swap for a new Blockchain (20:1 Colossuscoin-Colossucoin2.0 ratio). The ColossusCoin2.0 Blockchain is already running smoothly, very well and the ColossusCoin/V2 Development Team focus on improving the working CV2 blockchain.

Q: Do you have interest?
A: Yes. Colossuscoin2 Proof of Stake minting increases supply at a rate up to 6.5% per year. The minting reward is fair for all users. There are currently approximately 20.2 billion Colossuscoin2 in circulation. When the entire money supply grows due to the minting process, all Colossuscoin2 holders who participate in minting maintain their relative share of the network.  PoS verifies users’ coins to secure the network and process transactions. This ensures that transactions are speedy and this ensures decentralization, as anyone holding some of the currency is part of network. The only way for new Colossuscoin2 to be created is through staking by users, for which they will receive the 6.5%, decentralized, compound interest yearly.



Donation Address:
Colossuscoin2.0 [CV2] Development Fund Donation Address: CbosaSFpp8AMvoB9wXMeaXuBc1yNSFz3Ba

Terms of Service:
http://colossuscoin.org/index.php/tos
Please do your due diligence when investing.


note: ColossusCoin has been live since 22 August 2013. The original ColossusCoin Version 1 thread was here (August 22, 2013 - February 28, 2014), and here (February 28, 2014 - now). The original ColossusCoin has experienced technical issues as described in detail here and here.  

[to come]

[to come]


If there is no PoW here, then how to control the time of block? I have to say the project is very interesting.

Website  ██ (http://www.rctoken.com)
Delphinus
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August 18, 2017, 03:21:15 PM
 #1192

Very much looking forward to Colx Smiley

Mrbates
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Maybe a fed.


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August 18, 2017, 04:24:31 PM
 #1193

How / When and where? I can swap my CV2 on Colx?

The swap is scheduled for August 31st/Sept 1st area.  Unsure of the timeframe the swap lasts, but I'd recommend sooner rather than later.



If there is no PoW here, then how to control the time of block? I have to say the project is very interesting.

Trying to make a super simple example:

The time is built into the code, proof of stake is essentially a form of "mining" dubbed "minting" because it rewards people that hold a currency more of said currency for securing the blockchain by verifying blocks. 

Now to give an example of staking with mining terminology:

This means that if 1 billion coins are staking, it forms a similarity to how network hashrate works except its against a fixed difficulty.
If there is only 10 coins staking it, it has a new network hashrate significantly smaller but will still be performing against a fixed difficulty.

This means that if there is a sudden drop in staked coins/network hashrate, the network won't hit a tremendous difficulty level and slow down it keeps a fixed block rate coming based on your share of the networks staked coins.


(I've had to explain proof of stake to regular people before, first time I get to do it for someone that understands mining Grin hopefully it makes a little sense lol)


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August 18, 2017, 05:04:00 PM
 #1194

How / When and where? I can swap my CV2 on Colx?

The Swap to the new ColossusCoinXT COLX Blockchain will start around mid September 2017 and will take place on NovaExchange.com

How do I swap my ColossusCoin2 (CV2) for ColossusCoinXT (COLX)?
Nova Exchange will be running the swap for us. It is a simple process, visit the Swap page (online soon) you will need to have an account with Nova Exchange to deposit your CV2.
https://novaexchange.com has the old ColossusCoin2 Blockchain so you can transfer your ColossusCoin2's there for the swap.
Once you swap them you get ColossusCoinXT (COLX) on the new Blockchain. The swap is free for the end user who is swapping coins. The only place you can swap your CV2 for COLX will be on Nova Exchange (starts soon).  Active rate for swapping will be 1:2 / 1 COLX for 2 CV2 ( (reverse 1-for-2 coin split)

What will happen to the swapped CV2 Coins on NovaExchange?
Nova Exchange will send the CV2 Coins to a predetermined burn address after the swap is over.

What page on Nova Exchange should I go to swap my CV2 for COLX Coins?
You need to go to click the NovaExchange Swap Page https://novaexchange.com/coinswap/ (will be published soon) to swap your CV2 Coins for COLX Coins on Nova Exchange.

ColossusCoinXT - the highly energy-efficient Coin
Delphinus
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August 18, 2017, 09:32:51 PM
 #1195

Guess we'll have to wait a while  Cheesy Time to accumulate some more before the swap.

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August 19, 2017, 03:58:24 PM
 #1196

Wow..I got lucky to know the swap just in time. Eagerly waiting.
With Master Nodes it is gong to be the one to look out for.

Thanks to each and every member of the team.
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COLX - Spread the grid.


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August 19, 2017, 07:19:41 PM
 #1197

 
Colossuscoin2 (CV2) | Ethereum (ETH) Markets on NovaExchange.com
https://novaexchange.com/market/ETH_CV2/


Other ColossusCoin2.0 Markets:
https://novaexchange.com/market/BTC_CV2/
https://novaexchange.com/market/LTC_CV2/
https://novaexchange.com/market/ESP_CV2/
https://novaexchange.com/market/DOGE_CV2/
https://novaexchange.com/market/ARI_CV2/
https://novaexchange.com/market/CJ_CV2/

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August 20, 2017, 05:04:23 PM
 #1198

How / When and where? I can swap my CV2 on Colx?

The Swap to the new ColossusCoinXT COLX Blockchain will start around mid September 2017 and will take place on NovaExchange.com

How do I swap my ColossusCoin2 (CV2) for ColossusCoinXT (COLX)?
Nova Exchange will be running the swap for us. It is a simple process, visit the Swap page (online soon) you will need to have an account with Nova Exchange to deposit your CV2.
https://novaexchange.com has the old ColossusCoin2 Blockchain so you can transfer your ColossusCoin2's there for the swap.
Once you swap them you get ColossusCoinXT (COLX) on the new Blockchain. The swap is free for the end user who is swapping coins. The only place you can swap your CV2 for COLX will be on Nova Exchange (starts soon).  Active rate for swapping will be 1:2 / 1 COLX for 2 CV2 ( (reverse 1-for-2 coin split)

What will happen to the swapped CV2 Coins on NovaExchange?
Nova Exchange will send the CV2 Coins to a predetermined burn address after the swap is over.

What page on Nova Exchange should I go to swap my CV2 for COLX Coins?
You need to go to click the NovaExchange Swap Page https://novaexchange.com/coinswap/ (will be published soon) to swap your CV2 Coins for COLX Coins on Nova Exchange.

Thanks for the update.  I was hoping that it would be sooner, but I understand.  This will give some more people additional time to get enough for 10 million COLX Coins, possibly more.  Time to start staking cv2  Grin

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August 20, 2017, 08:51:04 PM
 #1199

Today we will have the new ANN?

>>>  https://twitter.com/Counter5612 <<<
16cLdfK6WB6SUx5SgeArtpndxK7ZsiP9fq
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August 20, 2017, 10:05:22 PM
 #1200

I was happy when I saw new developments. Please I'd advice we work on our website too. It needs more professional touches. One of the things new investors check is the quality of the webpages. All the top cryptos/coin have a standard, catchy website. Also the devs can post on the homepage little info about them and of course photograph this will increase newbies confidentiality.

Thank you

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