Showing posts with label scrypt. Show all posts
Showing posts with label scrypt. Show all posts

Wednesday, August 6, 2014

RipoffCoin: A Scrypt Based Coin with an Honest Scam


Courtesy of RipoffCoin

RIPO Accepted: RWensr185ZVwRPkTGmYJp1PyGY2eRHtW8n

RipoffCoin is a next generation cryptocurrency with an unique flair compared to common scams that the crypto community all seem to love.  The pre-announcement ninja IPO without escrow was launched on August 2nd, 2014 with the intent of distributing 1% of all coins to early investors.  To further complement the ninja IPO, the open source software and coin distribution was not available at launch on August 2nd, 2014 by fully anonymous member of Bitcointalk.org by the name of RipoffCoinDevTeam, created on July 30th, 2014.  The crypto identity of RipoffCoinDevTeam and possible dev team members remains unknown.  Also missing is the background information of the dev remains unknown but we are told the dev team are mega competent and boasting with at least 2 years of English under their belts, which seems legit enough to invest your children's college funds.


RipoffCoin is an innovative altcoin that has the Scrypt proof of work algorithm with KGW.  There is a total of 12,000,000 coins and block rewards are specially distributed in a unique special block distribution for blocks 1 to block 10,000.  Early bird miners would find big block rewards as a reward for mining early during the ninja launch.  After block 10,000, common block rewards consists of 50 RIPO which will halve every 200,000 blocks after.


The concept behind RipoffCoin is based on being an honest scam.  Unlike many scam coins or possible scam coins, the scam is upright straightforward with their devious plan.  There's no white lies or empty promises of innovative features that would never come, there's only brutal honesty in a place where no other scam coin has gone before.  RipoffCoin is a coin for the crypto elites to play with as they have with the rest of the pump and dump cryptocurrencies.  The community relies on community donation because there is no premine, just kidding, there's a hidden premine of 1.125%.  Community donations is still welcomed because the devs would obviously need another fund to dip their hands into since we all know the premine is never enough to satisfy anyone's greed.


RipoffCoin offers many different special bounties and giveaways to obtain some RIPO to keep things interesting.  Special bounties includes spreading FUD, admitting not knowing what FUD means, calling RipoffCoin a scam, calling RipoffCoin a ripoff, creating hype and creating a big pump.  There are also giveaways on Twitter and currently RipoffCoin is having a Meme Contest.  RipoffCoin is also considering implementing a few enjoyable features in the future which includes RIPO LOIC, RIPO Proof of Stupidity, RIPO Trade, RIPO BlubberOut, RIPO Share, RIPO TOR with their state of the art anon mixer.



RipoffCoin is not your typical altcoin because no other altcoin dev would literally lay out the details of the scam.  There is a promising future for the RipoffCoin community, but the only drawback that may deter future investors from buying RIPO would be the anonymity of the dev himself and whether if there is actually a devious scam plan in play as the name insinuates.  If you can ignore the risk of trusting the unknown then you may find RipoffCoin to be a long term investment even if it's not intended.

Facebook:  None
Google+:  None
IRC:  http://webchat.freenode.net/?channels=ripoffcoin
CoinsSource Trust Index:  None
Proof of Developer:  6/5

Thursday, July 24, 2014

SysCoin: A Scrypt Based Coin with an Augmented Blockchain Marketplace

Courtesy of SysCoin

SYS Accepted: 

SysCoin is a next generation cryptocurrency with an unique pre-sale model of distribution.  SysCoin team was able to partner with Moolah.io to act as a custom portal for investors to purchase SysCoin and at a later date exchange SysCoin on Moolah's V2 trading platform.  The pre-announcement was launched on April 27th, 2014 with the intent of fair sale distribution of 15% of the total coins for a total of 300,000,000 coins split between 2 sale phases.  The early bird special will allow investors to purchase their coins at a 10% discount rate of 465 satoshi until July 26th, 2014 or 465 bitcoin worth is sold.  After the early bird special ends, investors will be able to purchase coins at the regular rate of 518 satoshi until August 16th, 2014 or 1035 bitcoin worth is sold.  The open source software and coin distribution will be launched on August 16th, 2014 by fully transparent members of Bitcointalk.org by the names of danosphere, sebastien1234, snipsnoop, jonn4y, mwheeleruk and Coderboo.  You may know the award winning team members from kittehcoin.  However, the core coin dev remains fully anonymous due to possible employer misconception.


As a special bonus to pre-sale investors, the SysCoin team is offering bonus swag with your purchase:

Tier One (Offered with a minimum 0.25BTC purchase:)
Hard Wallet Bronze
Syscoin Metal Keyring

Tier Two (Offered with a minimum 1BTC purchase):
Hard Wallet Silver
Syscoin Baseball Cap (One Size Fits All)
Syscoin Metal Keyring
Syscoin Phone Case (Specific Models) (iPhone 4,5,5c - Galaxy S3, S4,S5 - HTC One, X)

Tier Three (Offered with a minimum 5BTC purchase):
Hard Wallet Black
Syscoin Lanyard
Syscoin USB (32mb)
Syscoin Mousemat
Syscoin Baseball Cap (One Size Fits All)
Syscoin T-Shirt (S, M, XL, XXL)
Syscoin Metal Keyring
Syscoin Phone Case (Specific Models) (iPhone 4,5,5c - Galaxy S3, S4,S5 - HTC One, X)
OR iPad 2, iPad Air, Galaxy Note Tab 2, or 3 Hard Case

Info:

Hard Wallet: The Syscoin Hardwallet will come with your Public Key and a Unique QR Code that will link (upon scan) Via the Syscoin iPhone App, A base functionality of this would be for someone who wishes to pay you in Syscoin to simply scan your hard wallet to gain your address. The Wallet will also comes with a Unique Hologram of which will hold a 5 digit reference which along with your public address can be used to create an account on the Syscoin Website to gain additional features, bonus’ and benefits for current and future use. Hardwallets will be fully tracked and authorized to the particular user only.

Syscoin USB: A Standard USB 2.0 storage stick with a maximum memory of 32MB which can be used as a cold storage back up of the Syscoin Wallet, complete with lanyard.

*All products are branded with the Syscoin Official Logo and made using a Sublimation Technique, Fully Scratch / Fade Resistant.



SysCoin is an innovative altcoin that has the Scrypt proof of work algorithm and with a 60 second block timer.  There is a total of 2,000,000,000 coins with a block reward of 1,024 SYS, which halves on a fixed schedule until the block reward reaches 128 SYS.  SysCoin uses KGW to retarget difficulty and directly recycles transaction fees by regenerating them and redistributing them to the network miners as an incentive for continuous mining.  The premine is a total of 18%, which includes 15% for the pre-sale, 2% to the devs, and 1% to bounties and rewards.  The wallets will be publicized for transparency.



The concept behind SysCoin is innovation at its best rather than existing as just another cryptocurrency.  SysCoin brings an innovation that has never been done before which is integrating an financial infrastructure directly into the almighty blockchain.  The decentralized marketplace integrated into the blockchain will provide businesses and individuals the peace of mind of sensitive data security secured by the network.  SysCoin technology will also allow exchanging discrete data directly on the blockchain by acting as the third party guaranteeing verifiable authenticity.  SysCoin innovation does not stop there, the blockchain will also be used to issue unique certificates which can be authenticated by anyone using SysCoin's cryptographic proof of work.  The SysCoin also brings innovation to mining by being universally merge-mineable with all Scrypt coins by distributing coins to miners mining any other Scrypt coin.  



SysCoin is not your typical altcoin because no other altcoin dev team has been able to form a partnership with Moolah let alone do business on the blockchain.  There is a promising future for the SysCoin community, but the only drawback that may deter future investors from buying SYS would be if the SysCoin can deliver their promise and the anonymity of the core coin dev.  If you can ignore the risk of trusting the unforeseen technological future then you may find SysCoin to be a long term investment.



"Business on the Blockchain." - SysCoin

Website:  http://syscoin.org
IRC:  http://webchat.freenode.net/?channels=syscoin
CoinsSource Trust Index:  7/7
Proof of Developer:  6/5

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

KryptKoin: A Scrypt Based Pure PoS Coin with a Multipool

Courtesy of KryptKoin

KTK Accepted: KVghQgwZxGyqdCr31BPhfYK1EdgePaQNCP

KryptKoin is a next generation cryptocurrency with an unique fair distribution concept of stake distribution.  The pre-announcement was launched on May 12th, 2014 with the intent of fair distribution of a total of 500 stakes in 2 distribution phases.  The open source software and coin distribution was launched on May 21st, 2014 by fully anonymous member of Bitcointalk.org by the name of KryptKoin, created on April 23rd, 2014.  The crypto identity of KrpytKoin and possible dev team members remains unknown.  Also missing is the background information of the dev and purpose for the creation of the coin, which one can only assume the purpose would be up to the community members themselves.

KryptKoin is an innovative altcoin that has the Scrypt proof of work algorithm and with a 30 second block timer.  There is a total of 17,000,000 coins with block maturity rate of 50 and is a fully operational proof of stake coin with a 7% annual interest rate after a 3 hour coin maturity age.  However, the max age is 30 days although as a cryptocurrency it is preferable for you to move your coins around and purchase goods and services as intended.




The concept behind KryptKoin is based on community support as the dev also received a fair distributed share of 1 stake just like the rest of the 499 stakeholders.  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 through proof of stake.  As a result, the initial costs and continued costs are being covered from a community donation fund otherwise there are no paid bounties for promotional and development purposes.  The KryptKoin's community members have bonded together to form a community team to help spread the word about KryptKoin for further development of their technology.

With the community's support, KryptKoin was able to launch their very own multipool with pay out in KTK with proof of work algorithm mining capabilities in Scrypt, SHA256, X11, X13, X15, Scrypt-N and Keccak.  For every 1 KTK earned from the multipool, 5% of the earning will be donated to the donation fund.  To encourage mining hash power to the multipool, KryptKoin is promoting a ASIC Scrypt miner rig giveaway to lucky users of their multipool.  The requirement is to mine at least 12 hours, which makes this an opportunity for lower hash powered users to increase their hash power simply by mining to earn an entry in the giveaway.  Clearly, equal opportunity is a concept that the dev cherishes.



KryptKoin is not your typical altcoin because no other altcoin dev would give you a chance to win a material object to help increase your crypto wallet.  There is a promising future for the KryptKoin community, but the only drawback that may deter future investors from buying KTK would be the anonymity of the dev himself.  If you can ignore the risk of trusting the unknown then you may find KryptKoin to be a long term investment.



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


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