Topic: [ANN] BITCOIN21 - 21 million coins - SHA256 - All Device Types - Jan 2016 - page 8. (Read 43153 times)

DEVELOPMENTS

Ok, so there are a couple of things in development for Bitcoin 21 and these will be the next things to be delivered;

- Creating custom wallets for Casino's featuring custom graphics and branding in reference to Blackjack/21
- Creating an Android Wallet with electrum server
- Upgrading to full block explorer (although we do have a 12 month contract with CryptoID for that including rich list etc)

Additional smaller developments in the next few months also include;

- increasing the number of hosted nodes
- increasing the number of mining pools including ispace and other main pool providers

Again any suggestions are welcome.

EXCHANGES

So, the coin has been launched just 3 days ago, and we almost achieved 1 Petahash on the network within the first few hours, that was very cool and shows there is still a desire for new professional commercial and viable coins, brands and assets in the digital currency space. It is too early to consider exchanges as we have a community to grow, HOWEVER, there are already enquiries being made in how we can ensure Bitcoin 21 (you can also just use 21) is featured on exchanges at the same time for some fantastic trading opportunities.

Four Point Plan
So here is the four point plan for establishing a permanent place on exchanges;

- set a specific date (21 May, June or July) to organise a scheduled exchange launch
- get a launch price (consensus from exchanges) so we know what price it will be when it launches
- adjust the IPO/ICO price accordingly to allow IPO/ICO participants to make a small profit
- capitalise the exchanges from the premine (foundation batch) for liquidity

If the launch price on the exchange for example were $1 per coin, then all coins would be sold for under that price so that everyone has a fair opportunity to make a small profit even if it was $0.10 cents per coin that would be a nice idea.

The whole idea of Bitcoin 21 is to reach and connect with a number of market sectors with Brand 21, that is to attract new users to digital currencies, there is alot of work to do and there is a cost involved in creating a user base, this is why there is an IPO/ICO except with this IPO/ICO it is designed to ensure that any revenue generated is invested in existing successful businesses to generate a continued revenue stream to further increase the money into digital currencies and exchanges.

This new approach is very worthwhile, think of it as a not for profit endeavour with profits being injected into the digital currency exchanges, Bitcoin 21 and other associated technologies.

Hope that meets your approval, any questions or suggestions by all means message me or add to this thread

The reason for doing an IPO with an increased price was to make sure that many people had the opportunity to participate.

So if you bought 250 at $1, if you wanted to buy more the next 250 would cost $2 each and so on.

This is so that thousands of people could have a few coins at the low price, only those who were serious large investors would then buy at a higher price.

Does that explain it for you? Scaled price stops the first few people buying all the coins

+1 i dont understand with this calculation.

Lost 60% of your wallets that's not good, did you take out the drive and insert it as a slave on another computer? You could have accessed your files from there if it wasnt booting? I have always backed up my wallets offline just in case, secure USB or something away from magnetic devices etc is usually a good idea.

Hopefully it goes the distance, remember that 7 years before Google became the number one search engine there was Compuserve and a number of others. History has shown that the first launched rarely becomes the market leading product, so any coins launched in 2015/2016 could theoretically become the market leader!

21 is a cool brand, and it  coincides with the global 7 year awakening which is supposed to peak in 2021, its also the number of blackjack so perfect for casinos. In the future wallets would be developed and branded for any business or corporation for employees, users. I think its got huge scope.

Thanks for the support

Thanks for the support.

With much of the original bitcoin stolen (Gox, Cryptsy are just two examples of these) and much of the history of Bitcoin activity unaccountable, for example many people believe that Goldman Sachs and other major financial firms are involved or have major investments already, the "ending of the fiat system" really isnt true, its more like changing the face of the fiat system, essentially it will still be run by the same people, I don't think this is a good thing.

Ultimately if the economy crashes, the Bitcoin economy would crash with it, because both can be controlled by centralised banking.

Bitcoin 21 provides a completely fresh start, with a significant non-dumpable premine, and investable position for a highly stable coin (with ultra low POS), not only that I believe it has a genuine chance of absorbing money from the original Bitcoin (which is simply going to be far too expensive for mining if the price does not increase by 1/3 in the next 6 months). Another reason it is unique can be discovered by visiting www.currencyoflight.com.

The global finance is relied on the issuance of money against a number of things;

- gold (pre 1980s)
- land and mineral value
- human value (each human has a credit value)
- gdp (replaced the gold standard)

The problem with all of these are that they have a single point of failure, they are all value linked to GDP and human consumption. Governments, and economies, unfortunately rely on forcing consumption of goods and services to people, you can see how desperate they are getting with all the laws they are passing through because ultimately they know that laws will be the only things that make money and consumerism continue (its a tool they have used for centuries).

The Currency Of Light (a completely nation independent initiative also referred to as the economy of light) is a second new source of wealth that is designed to operate by consensus. Bitcoin 21 will be the ONLY way in which fiat can be "burned" in the future into the Currency Of Light, one of the benefits of the currency of light is that every penny is tracked and everyone has a single address on the private blockchain, this means that if people are transparent with spending money, the government will have to do the same!

I am also the creator of "Virtual Gold", the worlds first transit state commodity (www.virtualgold.org) which provides a second source of new wealth, each unit represents gold locked in planets and stars (including our own planet) and issues wealth in advance to cure global poverty.

I am very tired of watching nations deliberately preventing people having access to education, amenities, food, homes, yet spending disproportionate amounts of money (debt which they never pay back and continue to prop up economies) on things that do not benefit people such as property development which is unaffordable.

Bitcoin 21 is the point of change, to allow people to change their lives, in association with the Blockchain party www.blockchainparty.com (the only way to make change to existing governments is to create a peoples government based on not for profit that cannot be influenced by the finance and corruption that rifles through governments, secret societies and the military of the world).

Time for change!

Hi. Currently weighing up the best options for Escrow and about to contact exchanges to discuss a same day launch (although without a successful IPO/ICO this makes it initially difficult but will see what the outcome is).

Escrow
The problem with Escrow will be the access for the wallets to get the stake every month, for that to happen someone has to have the key to unlock the wallets and this would be very silly and unsecure. So an Escrow would need to be local to be able to go and access wallets to stake. I wouldnt trust even an Escrow company with the potential of such large future funds.

Community Trust
An alternative consideration to Escrow would be a community trust. This would be a secondary foundation consisting of exchanges, investors and community members. That way a number of security and authentication methods could be applied, locally and remotely to manage the wallet vaults and staking system.

After the issues with Mt Gox and Cryptsy I am concerned about the involvement of exchanges although I can appreciate this would have its benefits to do so.

At least I know the coins stored in a cold vault are secure with me for the time being.


The whole idea of premining approximately 1/3 of the whole POW supply are several fold;

- to provide a lower initial coin distribution and thus create stable value
- to reserve a key investment vehicle for parties (and being able to publicise and know which parties are investing)
- to regulate price/volume slowly without allowing any pumps and dumps of great magnitude
- to provide different streams of potential future revenue to key global needs

By attracting investment from key players in the fiat economy, this would create a more stable digital currency.

Each of the premines has a 5 year (minimum) restriction on release, certain terms for release would include;

- early investment by parties such as UN/IMF/HMT
- stable establishment on exchanges with broad investment crypto wide by banks and financial institutions
- supporting new coins or digital currencies (from foundation premine)

Even after the expiry of the 5 year period the 5 year period would simply be renewed, so that no coins would be dumped and reduce peoples investment.

I hope that information helps.

Yep. I was planning to buy into the IPO/ICO, but my computer crashed and lost 60% + of my major wallets, so I will mine a few possibly, but I'll definitely buy some once an exchange becomes available. No rush though, I see this going the distance.

The IPO/ICO opportunity was launched way back in January for anyone that wanted to invest prior to launch, it would seem that the ICO/IPO type of investments have become less popular but would have provided a route to fast track things such as the android wallet, additional hosted nodes, etc.

It's just a way of supporting if you do not have any mining hardware, or if you would rather invest than pay for mining contracts. Ultimately its just another route.

I would just wait for now, the next stage of the negotiation process is to try and establish an entry point to exchanges, at which point coins could still be sold after being listed on exchanges to allow a small profit perhaps, will need to wait and see how things develop.

Wow. Have been away for a while. Glad to see this finally launched. I think I'll invest some. Good luck Dev.

How is the escrow and exchange discussing coming in?

Would you mind telling more about  (only available for release under certain terms)?

IPO Unit prices

0 - 250 units - $1 each / 0.0025 BTC each
251 - 500 units - $2 each / 0.005 BTC each
501 - 1000 units - $3 each / 0.0075 BTC each
1001 - 2500 units - $4 each / 0.01 BTC each
2501 - 5000 units - $5 each / 0.0125 BTC each



how does this work    1 unit = 1 btc21 coin ?

No problems Miners will be on and off all the time and switching between pools

Not yet. Currently discussing Escrow or setting up a trust for the premine, this is likely to be needed before being listed on en exchange so that there are no dumps and protects exchanges.

It's early days

Mining this now


Is it available on any exchanges yet?

exchange after 21 days !!!

As you will know 21 is the universal perfect number.

There are 3 x batches of 2.1 million coins as a premine, leaving just over 14.7 million coins for public mining and distribution;

1 million to be kept aside, just like the original bitcoin
1.1 million for the original IPO/ICO, for capitalising exchanges, giveaways, faucets and much more
2.1 million for HM Treasury / UN nations held for 5 years (only available for release to them under certain terms)
2.1 million for all nations as an airdrop again held for 5 years (only available for release under certain terms)
1.1 million for curing extreme poverty through existing or NEW organisations to facilitate this
1 million for humanitarian aid through existing or NEW organisations to facilitate this

None of these are personal premines, please do not confuse Bitcoin 21 with the original Bitcoin which was stealth launched and has through other sources been linked to the NWO.

Batch 3 is designed to help further destruction of the planet by facilitating money for projects to help save animals, seas and much more beyond the scope of government or private funding.

Bitcoin 21 is the ONLY digital currency that can be exchanged for CURA (Currency Of Light) in the new light economy (www.currencyoflight.com).

Now is the time to build a community. Bitcoin 21 is 100% NOT FOR PROFIT.

6.3 million or 30% premined , a lot of premine.

batch 3 which is designed to help prevent further destruction of the planet ........ 

https://github.com/bitcoin21/v1.0/

"Premine Three batches of 2.1 million coins (6.3 million in total) have been allocated as part of the premine, a large proportion of which are locked for a minimum period of 5 years (with the exception of batch 3 which is designed to help prevent further destruction of the planet and provide some respite from poverty).

Batch 1(2.1 million) Batch 1 premine includes;

1 million capital balance held for a minimum of 5 years by the 21 team (the same as the original Bitcoin) 1.1 million IPO/ICO available for sale up to the point of inclusion on the first exchange

Batch 2(2.1 million) Batch 2 premine incudes; 1 million capital balance held for a minimum of 5 years for UK/HM Treasury with no cash out option 1.1 million capital balance held for a minimum of 5 years for other UN/accepting countries with no cash out option

Batch 3(2.1 million) Batch 3 premine includes; 1 million capital balance held for conservation/humanitarian organisations to carry out global work 1.1 million capital balance held for airdrop to people in countries where extreme poverty and homelessness are problematic"

getinfo



{
"version" : "XBTC21-v1.0.0.build-g-bdb-gcc",
"protocolversion" : 90000,
"walletversion" : 60000,
"balance" : 0.00000000,
"unspendable" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 880,
"timestamping" : {
"systemclock" : ,
"adjustedtime" : ,
"ntpoffset" : 0,
"p2poffset" : null
},
"moneysupply" : 6318459.00000000,
"connections" : 3,
"proxy" : "",
"ip" : "....",
"difficulty" : {
"proof-of-work" : 18888094.18426071,
"proof-of-stake" : 0.00024414
},
"testnet" : false,
"keypoololdest" : 1460929232,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"mininput" : 0.00001000,
"errors" : ""
}


moneysupply" : 6318459? i thought 2.1million coins premined , can you Dev explain please.