Showing posts with label reddit. Show all posts
Showing posts with label reddit. Show all posts

Tuesday, July 22, 2014

BlazeCoin: A Scrypt Based Coin with a Fire Fund Drive

Courtesy of BlazeCoin

BLZ Accepted: BeqrSfx1BNzu8DtqE1h3tAo7dxBVfKCtcj

BlazeCoin is a next generation cryptocurrency with an unique distribution fund drive concept for a good cause.  The announcement was launched on May 25th, 2014, by fully anonymous member of Bitcointalk.org by the name of wpstudio, created on January 7th, 2014.  However, the open source software and coin distribution was launched on May 23rd, 2014 via direct mailing to the International Fire Chief Association mailing list resulting in a number of local firefighters and volunteers appearing in person at the station on launch day.  The crypto identity of wpstudio and possible dev team members remains unknown, but wpstudio will voluntarily provide you with the information if asked.  We do know that wpstudio is stationed in the DC area and one of the dev member was a volunteer firefighter at station 413.

BlazeCoin is an innovative altcoin that has the Scrypt proof of work algorithm and with a 30 second block timer.  There is a total of approximately 2,065,000,000 coins with a block reward of 413 BLZ coins which halves once per year.  The block reward of 413 was to commemorate one of the dev's memorable experience as a volunteer firefighter at station 413.  In order to prevent instaminers from reaping the rewards early on, the first 100 blocks had a block reward of only 13 BLZ coins in order to make the launch fair.


The wallet is not your standard copy and paste wallet, the QT wallet has been modified to give the overall look a little more spice relating to the theme of an infernal fury basking in its blazing glory.  The overall look and design gives the wallet a fresh look from the standard wallets because nothing was left untouched.  You have your standard functions of the Overview tab to check your balances and recent transactions, Mining tab for setting your mining configurations, Send Coins tab to send outgoing coins, Receive Coins tab to view your receiving addresses, Transactions tab to view your transaction history, Address Book tab to view your payment payees, and Console tab.

The concept behind BlazeCoin is based on community support as the premine was a low 1%, which would be used to support development and match grants to the fire departments for equipment and training opportunities.  As a result, the initial costs and continued costs are being covered from a community donation fund drive.  The BlazeCoin's community members have bonded together to form a community team to help spread the word about BlazeCoin for further development of their technology and support of local fire departments.  BlazeCoin has gained support from fire departments from afar as well as including from the oil industry, which may allow BlazeCoin to adapt into the real world rather than just another cryptocurrency.

BlazeCoin will be celebrating their 2 month anniversary with a giveaway to fans and users after winning 10 Gridseed ASIC miners from a charity auction.  If you're looking to expand your ASIC farm, then this is your chance to pick up some BLZ for a chance to win.  Further details of the giveaway will be disclosed on a later time.
BlazeCoin is not your typical altcoin because no other altcoin dev has the backing of a brigade of smoking hot firemen who are ready to put out the fire.  There is a promising future for the BlazeCoin community, but the only drawback that may deter future investors from buying BLZ would be the anonymity of the dev himself.  Although we do know how the dev looks like as seen in provided pictures, you can see if you can spot which firefighter is the dev below.  If you can ignore the risk of trusting the unknown then you may find BlazeCoin to be a long term investment and may even save your life one day.



"A dev is only as mysterious as others allow a dev to be." - wpstudio

Website:  http://blazeco.in/
CoinsSource Trust Index:  None
Proof of Developer:  None

Wednesday, July 16, 2014

Hyper: A Scrypt Based Pure PoS Coin with a Space MMO Vision

Courtesy of Hyper

HYPER Accepted: HFAYaPTdEnHWzsxSj11n9Z2grAPUKBnpqM

Hyper is a next generation cryptocurrency with an unique form of distribution concept of staggering stake distribution.  The open source software was launched on May 25st, 2014 by fully anonymous member of Bitcointalk.org by the name of HYPERfuture, created on May 10th, 2014.  The crypto identity of HYPERfuture and over 10 dev team members remains unknown.  The technology built upon the integration of Hyper into online gaming is useful to the crypto world. and on a grander scale, can benefit the online gaming and crypto community as a whole.

Introduced as an innovative altcoin that has the Scrypt proof of work algorithm with a 30 second block timer and coin control capabilities for controlled staking.  There is a total of 60,000,000 coins and is a fully operational proof of stake coin with a 5% monthly interest rate during a 5 year period in Stage 1.  After Stage 1, the annual interest rate will increase to 10% in Stage 2 and will last about another 5 years until transitioning into Stage 3 which will conclude with a 2% annual interest rate.



The concept behind Hyper is based on community support and game development support.  Hyper had a small premine of 2.5%, which calculates to 1,500,000 coins for promotional and development purposes.  As a result, the initial costs and continued costs are being covered from the premine funds with full transparency which allows anyone to track where the funds are going to prevent misuse of the funds.  The Hyper community members have bonded together to help spread the word about Hyper for further development of their technology and have solicited over 10 developers to work on various projects ranging in a variety of specialties.

Community members also have other means to earn HYPER through completing a variety of tasks for compensation.  The Hyper forum has a list of giveaway tasks for free HYPER such as subscribing to Hyper's Reddit page, tweeting about Hyper, etc. (http://hypercrypto.com/forum/index.php?board=10.0).  Hyper also features a HYPER Distribution page for free HYPER as well with tasks such as voting on exchanges, blogging about Hyper, etc. (https://bitcointalk.org/index.php?topic=695339).  All these giveaway funds are all allocated from the premine for promotional purposes to encourage the community to spread the word about Hyper.


The birth of Hyper came to be from HYPERfuture's fascination with space strategy games such as Masters of Orion II, Galactic Civilizations, Alpha  Centauri, and Endless Space along with Galactic Milieu, an open transaction project by a Bitcointalk.org member by the name of MarkM.  Galactic Milieu allowed users to create contracts with another user in Bitcoin and Devoin, however accessibility was a major issue.  HYPERfuture spent the past year developing Hyper to be a cryptocurrency to help sponsor the development of their space-based strategy MMO where HYPER is the in game currency that can be used to barter and trade for in game resources.

Hyper has the main goal of creating a space online MMO game with in game currency of HYPER which is still in development, but they have released other online games that have integrated HYPER into the game.  The Hyper community have developed HYPER supported game servers for Minecraft, Counter Strike, Counter Strike: Global Offensive, and is currently developing a server for Zandagort with a built in free market exchange platform.  If the devs are able to pull this off for Zandagort then this will be the first for any cryptocurrency and any space based MMO game.  The anticipation is running high for crypto enthusiasts and gamers alike.  Players are able to play and earn HYPER at the same time as a form of human mining for cryptocurrency.


Hyper is not your typical altcoin because no other altcoin dev would give you a chance to earn coins in such an enjoyable manner such as playing a variety of online games.  There is a promising future for the Hyper community, but the only drawback that may deter future investors from buying HYPER would be the anonymity of the dev himself.  If you can ignore the risk of trusting the unknown then you may find Hyper to be a long term investment.



Facebook:  https://www.facebook.com/hypercrypto
Google+:  None
CoinsSource Trust Index:  None
Proof of Developer:  None

Sunday, July 6, 2014

JudgeCoin: A Pure PoS Coin with a Brief X13 Based PoW Period


Courtesy of JudgeCoin

JUDGE Accepted: JQjzbdPyrkq13GTJNwfjhGVnx3p18gQeDu

JudgeCoin is a next generation cryptocurrency with an unique community concept.  The open source software was launched on July 5th, 2014 by fully transparent member of Bitcointalk.org by the name of judgecrypto.  Judgecrypto's real name is Neil Strecker, who holds many IT certifications and has been in the IT profession for over 18 years.  The creation of JudgeCoin was brought to life because like many other crypto lovers, Mr. Strecker was tired of the plethora of scam coins that continues to plague the crypto community.  

JudgeCoin is an innovative altcoin that has the X13 proof of work algorithm and has a 60 second block timer.  There is a total of 15,000,000 coins with a mining block reward of 500 coins, with no large block rewards up front for early miners.  The proof of work phase will continue for 20 days or until block 43200, then JudgeCoin will convert to a fully operational proof of stake coin with a 6% annual interest rate after a 24 hour coin maturity age.

The wallet's user interface is a next generation wallet with several built in functions compared to the usual simple first generation QT wallets.  The side tabs includes Overview for viewing balances, Send coins for sending coins, Receive coins for receiving addresses, Transactions for list of transactions, and Address Book for list of wallet addresses.  Special side tabs includes Statistics for current network information, Block Explorer for block chain search, Donate for donation, and Social for social media access.



The concept behind JudgeCoin is based on community trust as judgecrypto is a fairly distinguished member in the crypto community.  Unlike many scam coins or possible scam coins, there is no premine or initial public offering of coins, which makes the launch fair for everyone to mine their share of coins.  As a result, the initial costs and continued costs are being covered out of pocket by Mr. Strecker, which means there are no paid bounties. Instead, there is a call to arms for volunteers to come forth to help grow the community, in which community donations will go straight to the volunteer's personal wallet addresses for their hard work and dedication. 

JudgeCoin is not your typical altcoin because no other altcoin dev will ever tell you that you will not get rich with their coin.  You will not find any hype from the dev and you will not strike gold next week from the coin, but you can be certain that this is not your typical pump and dump coin.  You may find JudgeCoin to be a long term investment.




"A coin value should be based on what it delivers, not what it promises."  - judgecrypto

Facebook:  https://www.facebook.com/JudgeCoin
Google+:  None
CoinsSource Trust Index:  None
Proof of Developer:  Pending

Sunday, June 15, 2014

Florincoin: A Scrypt-based Coin with an Augmented Blockchain

Courtesy of Florincoin

FLO Accepted:  FERhpBX5coRKbzZuDnA8ZrbtnBUX3NZrP3


Florincoin is a next-generation cryptocurrency with a new unique feature added to the already powerful blockchain. This open source software was created, with no pre-mine, on June 17th, 2013, by an anonymous member of Bitcointalk.org named skyangel. Introduced as an innovative alt-coin that has the scrypt proof of work algorithm and has a 40 second block timer. The technology built upon Florincoin is useful for the crypto world, and on a grander scale, can benefit the internet as a whole.
Florincoin adds the transaction comment feature to the blockchain.  This text field can store 528 characters per transaction. Transaction comments are included when sending coins over the network. This can be used simply as a greeting or a thank you note, or on a business level, expressing important details about the transaction. However, the transaction comment capability can be used in more complex ways. For instance, a platform can be built using the text function to store records of payment, such as the hash of a receipt, which will forever be associated with this transaction. It can be a permanent record of receipts for every Bitcoin, Litecoin, and Florincoin transaction. It can also be used to create a perfect freedom of speech application, harnessing hundreds of mining computers as well as wallet clients as a peer to peer network of decentralized free speech nodes.  

The transaction comment text feature can also be used to add unique, un-mined coins to the blockchain, which are simply called “color coins”. The color coin protocol will allow users to create any coin they wish, and distribute it using digital signing, in a similar fashion to Bitcoin transactions. However, color coin transactions are more customizable and can be created in user-defined ways. You can create 10,000 color coins to represent 100% stake in a company, or do something totally unique with it. For example, it is possible to issue a color coin upon finding a block starting with the hash “1337”, in which case you’d be awarded some rare “leet coins”. Check out the beta version of colorcoin at http://colorcoin.org.
Proof-of-Publication is something that cryptocurrency has been used for in the past, and it makes the blockchain valuable as a public notary. In Bitcoin, this is usually achieved by storing strings of data in the address field of an special type of transaction. However, Florincoin simplifies this process by allowing a text message field directly in the Blockchain. Proof-of-Publication can be used in a variety of ways, including storing contracts or hashes of contracts in the blockchain for future reference. Proof-of-Publication was first introduced to Florincoin in the Valentine's Day promotion, Aterna Love. On this website, users can etch their name into the blockchain for their loved ones, effectively spreading their love around the world. 

Florincoin can also use the transaction comment feature to store a game ladder ranking system. The Florincoin dev team has invented a protocol for playing a turn-based game in the blockchain, which has a many implications for professional gaming as well as professional card game websites. “Provably fair” games can use the Florincoin blockchain to store both the website’s random number results as well as user’s input, which will prove beyond any doubt whether or not the server is cheating the user by changing the numbers. Read more about games on the blockchain at http://florincoin.org/game.
Currently, Florincoin’s biggest value-add to the world of crypto currency is interfacing the blockchain with the user directly via mobile-friendly web applications. These applications don’t require the user to download any software or even own any Florincoin to make use of the technology. You can download the Florincoin client at their website, or trade FLO on Cryptsy here (https://www.cryptsy.com/markets/view/61).




Facebook:  https://www.facebook.com/FlorinCoin
Google+:  None
IRC:  http://webchat.freenode.net/?channels=florincoin
CoinsSource Trust Index:  None
Proof of Developer:  None