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Topic: {ANN} Cloudcoin CDC Release Announcement - POS/POW Scheme| NEWS - UPDATE V1.1 - page 9. (Read 29619 times)

full member
Activity: 238
Merit: 100
Cloudcoin is a brand new exchange coin. We optimized it, to get a 1 min transaction but also be safe and secure. The amount of coins is also optimized for everyday use and it makes sure that it will be valued. It's fast but secure transaction makes it a strong exchange coin that is user and merchant friendly. We also try to make the coin an elegant one that is simple and trust worthy, this includes a smooth, organized and simple website with only a few mining pools, one faucet. We are also working on partnerships with online casinos.
member
Activity: 61
Merit: 10
This is like: so why is the new mercedes innovative?
It is not. There are small changes to make it better but that is it. The important thing is the team behind the coin. Look at phenixcoin. They have such a good team and their coin is getting stronger and stronger. We will try everything to back up our coin and to make it worldwide.

If you can't explain how your coin stands out from the horde of other coins, then it's another pump & dump.
full member
Activity: 238
Merit: 100
This is like: so why is the new mercedes innovative?
It is not. There are small changes to make it better but that is it. The important thing is the team behind the coin. Look at phenixcoin. They have such a good team and their coin is getting stronger and stronger. We will try everything to back up our coin and to make it worldwide.
full member
Activity: 224
Merit: 100
member
Activity: 61
Merit: 10
Seriously though, can you explain why any of these tweaks are a significant improvement over other POS coins?

Where is the innovation?

Quote
Features:
Block Target is 20 sec
Block reward halved every 800k blocks
100 million total coins
80 coins per block
High starting difficulty to avoid instamine
Proof of stake scheme
3 Conformations - optimized 1 minute transaction time
member
Activity: 61
Merit: 10
It is meant to be a costumer and exchange friendly coin with the benefits of it’s optimized specifications.

hero member
Activity: 518
Merit: 500
Bitrated user: ahmedbodi.
its an invalid typo i believe, there is proof of work and proof of stake,
hero member
Activity: 583
Merit: 505
CTO @ Flixxo, Riecoin dev
The ANN puts "it is using proof-of-stake not proof-of-work"... but how do you mine it if there's no proof of work?
proof of stake cannot work if nobody has any stake... how would you bootstrap the currency, ie how would the initial coins be created?
full member
Activity: 238
Merit: 100
We are an opened community so we happily accept any suggestions and help with the coin.
full member
Activity: 238
Merit: 100
New logo?



Hahha. Good job Gsnak. Unfortunately I will not chabge the logo, but good suggestions are welcomed here.
full member
Activity: 182
Merit: 100
full member
Activity: 238
Merit: 100
Unfortunately there are enough "innovative"  Roll Eyes    coins out there already, and "innovative"  Roll Eyes  coins under development, the fact is it will not succeed, only BTC and LTC will.

Come on, don't crush the guy. If this thing lasts long enough to make it to Cryptsy (I think that's about 16 minutes), it could hit at .00005 which would make his premine of 200K worth $800.

If there's ever $800 worth of volume.
lol your right your right... Thats all people want, itll hit the shit exchange cryptsy, dump coins, walk away with a few bucks, and thats all she wrote.
 Im in it for the big money, thats why I invest in BTC and LTC... LTC will be skyrocketing soon, hell I just doubled my investment on LTC Cipherminer shares...

I ask you again. If you like litecoin and bitcoin support them and don't judge our coin. Thank you.
If you cant take criticism and bashing on your coin, you are releasing it in the wrong place sir. Or you shouldnt release it at all.

I can take criticism. Positive and negative criticism is welcomed here. I would like to involve the users into the development too. I think that together we can make a good coin. You are welcomed in our community as well. I want us to be friends okey.  Cheesy
member
Activity: 98
Merit: 10
"Ignorance never settles a question."
Unfortunately there are enough "innovative"  Roll Eyes    coins out there already, and "innovative"  Roll Eyes  coins under development, the fact is it will not succeed, only BTC and LTC will.

Come on, don't crush the guy. If this thing lasts long enough to make it to Cryptsy (I think that's about 16 minutes), it could hit at .00005 which would make his premine of 200K worth $800.

If there's ever $800 worth of volume.
lol your right your right... Thats all people want, itll hit the shit exchange cryptsy, dump coins, walk away with a few bucks, and thats all she wrote.
 Im in it for the big money, thats why I invest in BTC and LTC... LTC will be skyrocketing soon, hell I just doubled my investment on LTC Cipherminer shares...

I ask you again. If you like litecoin and bitcoin support them and don't judge our coin. Thank you.
If you cant take criticism and bashing on your coin, you are releasing it in the wrong place sir. Or you shouldnt release it at all.
full member
Activity: 238
Merit: 100
We do not have a specific date yet. It depends on the development progress. We would like to release it in 3 weeks. But I will announce official release date hence, so everybody will know.
member
Activity: 62
Merit: 10
reserved. Good job with the announcement. i will definitely try this coin out. Looking forward to the release date. By the way when is it gonna be released?
hero member
Activity: 616
Merit: 500
full member
Activity: 238
Merit: 100
^scrypt

Yes it is going to be scrypt. ahmed bodi is our top developer. He puts a lot of work into the coin.
hero member
Activity: 518
Merit: 500
Bitrated user: ahmedbodi.
full member
Activity: 140
Merit: 100
In POS we trust
I'm open for a good new POS Coin. What algorithm (SHA256, scrypt, scrypt-jane, keccak) will you use? If it's ASIC proof (scrypt or better scrypt-jane), them I'm interrested.
full member
Activity: 238
Merit: 100
Unfortunately there are enough "innovative"  Roll Eyes    coins out there already, and "innovative"  Roll Eyes  coins under development, the fact is it will not succeed, only BTC and LTC will.

Come on, don't crush the guy. If this thing lasts long enough to make it to Cryptsy (I think that's about 16 minutes), it could hit at .00005 which would make his premine of 200K worth $800.

If there's ever $800 worth of volume.
lol your right your right... Thats all people want, itll hit the shit exchange cryptsy, dump coins, walk away with a few bucks, and thats all she wrote.
 Im in it for the big money, thats why I invest in BTC and LTC... LTC will be skyrocketing soon, hell I just doubled my investment on LTC Cipherminer shares...

I ask you again. If you like litecoin and bitcoin support them and don't judge our coin. Thank you.
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