CrowdFundingWe 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 moreThe 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 BTCMrbates: ~0.4192 BTC + ~0.47453BTCAnonymous: ~0.0686
BTCSudo23: 0.055
BTCfishfishfish313: 0.0127
BTCHeat007: 0.01
BTCTh82: 0.01
BTChttps://blockchain.info/address/18MXDWxe9Z6dEW5XV78CRomZBdiTEpeC2HThank 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) SpecificationsAlgo: 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 ScheduleBlock 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 CV2ColossusCoin2.0 Version 1.2.0 has been releasedColossusCoin2 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 callsmultisend <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
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 ControlCoin 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.comJoin 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.comhttps://i.imgur.com/zFWzIsP.jpg
Special thanks to the Poswallet.com-team
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
Tradesatoshihttps://tradesatoshi.com/Exchange?market=CV2_BTC
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
https://i.imgur.com/p2KVlKe.png https://i.imgur.com/eSQ1U0w.png https://i.imgur.com/bLBhXcQ.png
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.netFirerabbit: 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 FileWindows:
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.confConfig ColossusCoin2.conf:
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.phphttps://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 CoinsReimbursement 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/tosPlease 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.
