Topic: [ANN] [BLTZ] [IPO Hybrid] BlitzCoin | proof of concept coin | pure speculative - page 136. (Read 200985 times)

Thanks,
I was considering premine shortly, and discarded it because lots of premine scams.
Premine will be strongly considered now and if community agrees, I will make premine but for bounties only.

Hmm nice concept.
I also like the name haha.

Edit: are you going to premine this, to give bounties for pools and or other services?

Seven days of mining
BlitzCoin will have block reward for only seven days! Approx. 10000 blocks. After that period, mining is only for tx fees.

Coin created for pure speculation.
Unlike many coins here, BlitzCoin is created for speculation. It have no intention to be a coin for online shops, or any merchandise at all.
BlitzCoin is created as proof of concept. From mining for rewards to mining for tx fees, as well to see how network will behave in such a small timeframe, fast hashrate increase and decrease. The results can be used in future coins development for new features etc.
After mining for rewards the network will be secured with several CPU miners, enough to secure and insure transactions.

Delayed start
To be sure everyone is on board, we have delayed start. Start will be at Sunday, 16.03.2014 time TBA
Wallets will be ready before start in password protected zip file.


PoW Algorithm: Scrypt
Retarget: Kimoto Gravity Well
Block Time: 60 seconds
Transaction: 3 confirmations
Maturity: 30 confirmations
Block Reward: 10,000 BLTZ
Max Supply: 100,000,000 BLTZ


Call for Miners
Calling all miners to mine Blitzcoin. Seven days of mining for block rewards, after mining only for tx fees. After 7 days, mining for tx fees can be just a spare hashrate you have from CPU or VPS CPU.

Call for Pools
Calling all pool operators to add BlitzCoin, reg pool, p2pool, even multipools. It's a 7 days coin, it will not take much of your resources but as many pools we have, better the results. We need to diversify as much as possible in this small timeframe.

Call for Services
Some basic services are needed at the start, as later it will be to late. Blockexplorer, some diff charts, hashrate charts, etc.

Call for Exchanges
Due fast nature of BlitzCoin, calling all exchanges to accept and list Blitzcoin. Your service is crucial for adoption of BlitzCoin and will help a lot in coin behavior analysis. Need to diversify as well.  

Call for Designers
Last but not least, we need a good designer for a nice logo. Please submit your contribution, and we will make a voting for a best logo.



TWITTER: https://twitter.com/BlitzCoin
REDDIT: http://www.reddit.com/r/blitzcoin  
IRC: #bltz at freenode.net