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Topic: [ANN] - Coppercoin - [COPPER] - Hybrid Cryptocoin PoW + PoS - page 5. (Read 27762 times)

newbie
Activity: 4
Merit: 0
Hello Coppercoin enthusiasts and holders!

After consulting with the community & developers, I think that I have come up with a strategy that will appeal to everyone.  I want to get your feedback before we go forward.  I will be working on another ANN after we make decisions on this, so your input on these items is essential.

POS:  Fix POS in the wallet, make it a fixed 10% annually.  This will reward those that have been buying/mining/holding since Sept 2017 and help your crypto nestegg grow.  POS implementation will also secure the blockchain against 51% attacks and double-spending attacks.  This particular item is more important than the 10% annual "interest", but the interest is a nice feature that comes along with blockchain security.

POW:  The phasing out of POW by the 84 millionth coin.  84 million coins are the current max possible supply, but this does not provide for a viable coin beyond 2019.  When we hit the 84 millionth coin, we go to pure POS.  That means that the Coppercoin chain will depend on wallets being open and providing block finding/transaction handling.  We're close to 74 million coins in current supply, so that would give the miners plenty of coins to mine and hopefully hold.

Raise Max Supply:  I propose that we raise the max supply to 168 million, which is double the current max supply.  If we stay with the current block rate per day (~7.3 million per year I've been told), then that will give us about 12 years until we hit max supply.

Utility: Personally I think that Coppercoin has a loyal following and that we individually and corporately can find utility for Coppercoin.  There are lots of ideas that have been given and I have a few ideas for payment using Coppercoin.

I'll post this reply on Discord & Telegram and I'll be looking forward to your input.  We need to make a decision in the next week on this, so please take the time to let us know your opinions.


sounds like a plan. been hoping someone would do something with this coin
full member
Activity: 486
Merit: 100
jr. member
Activity: 95
Merit: 1
Hello Coppercoin enthusiasts and holders!

After consulting with the community & developers, I think that I have come up with a strategy that will appeal to everyone.  I want to get your feedback before we go forward.  I will be working on another ANN after we make decisions on this, so your input on these items is essential.



that all sounds fair .  did you know you can make a vote dealio that becomes a header for the thread ?


I didn't find a way for me to insert the poll.  You can start a new poll, but I didn't see anything about inserting a poll in a existing thread.  I'm not the author of the thread, maybe that's why I don't have options.
jr. member
Activity: 95
Merit: 1
Hello Coppercoin enthusiasts and holders!

After consulting with the community & developers, I think that I have come up with a strategy that will appeal to everyone.  I want to get your feedback before we go forward.  I will be working on another ANN after we make decisions on this, so your input on these items is essential.



that all sounds fair .  did you know you can make a vote dealio that becomes a header for the thread ?


No, actually, I didn't.  I'll see if I can figure out how to do this.
jr. member
Activity: 95
Merit: 1
there are just too few information, what mining rigs are useful for this?

It's in the OP, algo:  scrypt

You can use Scrypt miners to mine this coin.  The pools I have listed will guide you on how to configure the miners.  Let me know if you have any other questions.
hero member
Activity: 686
Merit: 500
there are just too few information, what mining rigs are useful for this?
sr. member
Activity: 532
Merit: 251
Hello Coppercoin enthusiasts and holders!

After consulting with the community & developers, I think that I have come up with a strategy that will appeal to everyone.  I want to get your feedback before we go forward.  I will be working on another ANN after we make decisions on this, so your input on these items is essential.



that all sounds fair .  did you know you can make a vote dealio that becomes a header for the thread ?
jr. member
Activity: 95
Merit: 1
Hello Coppercoin enthusiasts and holders!

After consulting with the community & developers, I think that I have come up with a strategy that will appeal to everyone.  I want to get your feedback before we go forward.  I will be working on another ANN after we make decisions on this, so your input on these items is essential.

POS:  Fix POS in the wallet, make it a fixed 10% annually.  This will reward those that have been buying/mining/holding since Sept 2017 and help your crypto nestegg grow.  POS implementation will also secure the blockchain against 51% attacks and double-spending attacks.  This particular item is more important than the 10% annual "interest", but the interest is a nice feature that comes along with blockchain security.

POW:  The phasing out of POW by the 84 millionth coin.  84 million coins are the current max possible supply, but this does not provide for a viable coin beyond 2019.  When we hit the 84 millionth coin, we go to pure POS.  That means that the Coppercoin chain will depend on wallets being open and providing block finding/transaction handling.  We're close to 74 million coins in current supply, so that would give the miners plenty of coins to mine and hopefully hold.

Raise Max Supply:  I propose that we raise the max supply to 168 million, which is double the current max supply.  If we stay with the current block rate per day (~7.3 million per year I've been told), then that will give us about 12 years until we hit max supply.

Utility: Personally I think that Coppercoin has a loyal following and that we individually and corporately can find utility for Coppercoin.  There are lots of ideas that have been given and I have a few ideas for payment using Coppercoin.

I'll post this reply on Discord & Telegram and I'll be looking forward to your input.  We need to make a decision in the next week on this, so please take the time to let us know your opinions.
jr. member
Activity: 95
Merit: 1
Sounds good, what do you need from me to add Coppercoin to Guildex.io?
newbie
Activity: 214
Merit: 0
Hello!

Sure, a DOGE/Coppercoin pair sounds good.  Do you know of a easy exchange to get on with that pair?  Sorry about the late response, I'm on vacation this week.  I'll try to answer more quickly next round.

I am starting a side project exchange, GuildEX.io but its still in BETA. I have been testing with a few coins and i like to add the ones i have on my pool first.
jr. member
Activity: 95
Merit: 1
Coppercoin pools that I have found:

Nerdlabs - http://167.99.11.100/stats

LuckyAltcoin - https://luckyaltcoin.com/

Prohashing - https://prohashing.com/

If you know of any other pools that have Coppercoin available for mining, please let me know - here, by email ([email protected]), Discord or Telegram

Also, if you are successfully solo mining Coppercoin, could you post your coppercoin.conf parameters (please obfuscate the rpcuserid & password)?  I've attempted it locally and on a vps unsuccessfully, where I've done it successfully with gpu wallets.  I'd like to use this for future ANN and also on the new website & in github.

Coppercoin block explorers that I have found:

The current official explorer - http://explorer.coppercoin.net/

LuckyAltcoin explorer - https://luckyaltcoin.com/explorer/COPPER

Prohashing - https://prohashing.com/explorer/Coppercoin/


If you know of any other block explorers or if you know of a good one that can be setup easily on a vps, let me know.  More is better.


jr. member
Activity: 95
Merit: 1
Anyone got some ideas on what we could do to help move this coin along? Give it some utility? Host some more nodes? Rub its back?



For some reason it has been in the back of my mind that ...
Metal Recyclers could/should/optionally issue CopperCoins (instead of fiat?) when someone brings in copper for recycling Huh

Anyone out there have a 'IN' with any company that does recycling ? Would it be that hard to convince such a company to 'buy low, sell high = profit'

  • Commodity - Updated January/18/2018   Price ($CAD)   Unit
  • COPPER BARE BRIGHT   $3.45   Per lb
  • COPPER #1   $3.35   Per lb
  • COPPER #2   $3.10   Per lb
  • YELLOW BRASS   $2.10   Per lb

This is an interesting idea.  I know that this was from earlier in the year, but it definitely has merit.  We need to find some utility for the coin, copper recycling & maybe selling copper bars & rounds for Coppercoin.  What do you think?
jr. member
Activity: 95
Merit: 1
Any interest in having this coin on a DOGE paired exchange?

BTW, Cryptopia has the BTC/LTC/DOGE pairs for Coppercoin, but more is better.

https://www.cryptopia.co.nz/Exchange/?market=COPPER_DOGE

Sherman
jr. member
Activity: 95
Merit: 1
Hello!

Sure, a DOGE/Coppercoin pair sounds good.  Do you know of a easy exchange to get on with that pair?  Sorry about the late response, I'm on vacation this week.  I'll try to answer more quickly next round.
jr. member
Activity: 95
Merit: 1
Coppercoin is on Coingeckohttps://www.coingecko.com/en/coins/coppercoin  you'll see volume is up considerably today.

CMC requires 2 exchanges, so we'll have to wait until that part is done.  As I've said before, fixing the POS staking is the first priority.

For those not on Discord or Telegram yet, do you have some educated preferences on POS percentage?  The wallet is set to 3% (not working), but there have been suggestions of 5-10% annually.  Also, what % of pos finding blocks versus pow?

Still no contact from the original dev.
jr. member
Activity: 95
Merit: 1
A telegram group has been created for those that don't use Discord:

https://t.me/coppercoincrypto

newbie
Activity: 61
Merit: 0
I would like to try to keep it on Cryptopia, but I don't know what I can do.  They already delisted Polishcoin, which still had a smoothly working blockchain and block explorer.  Since I am holding a bunch of Polishcoin I was going to contact them about that first and see if there is any way I can save that listing.  If I find out any information that would be applicable to Coppercoin, I will post it here.
jr. member
Activity: 95
Merit: 1
Thanks for the words of wisdom.  We're trying to fix a broken coin left to languish by the original dev.  Nothing would surprise me at this point.  Cryptopia isn't the only exchange out there and we can get listed at many. No begging will be done or needed.  I personally want to get this coin fixed for all of those that have invested in it and expected the POS to work.

Seeing that we have about 25% of available Coppercoins on Cryptopia, then means a lot of people are simply mining & holding.  We'll stay the course and when we take over the coin, then we'll work on getting it on other exchanges and bring in new features and such.

Are you willing to help make Coppercoin better and keep it on Cryptopia?
newbie
Activity: 61
Merit: 0
I would be very careful if you are thinking of investing in Coppercoin.  Cryptopia has been delisting low-volume coins left and right lately.  They just did a mass delisting of 69 coins without any warning this month.  Many coins similar to Coppercoin were delisted, such as Polishcoin.  Cryptopia is the only place that Coppercoin trades, so if they decide to delist it, it will instantly become worthless without any notice.  If you try to invest in Coppercoin thinking that you can just HODL for the long haul, think again.  You may be holding a bag of worthless shitcoins that cannot even be traded for one satoshi after it gets delisted in a few months.  Heed my warning.  I was holding a substantial amount of six different coins that got delisted by Cryptopia and I lost over 1.5 BTC worth of alt-coins in one day because they permanently shut off the trade markets without any prior notice at all.

If you believe in Coppercoin and you just want to develop it as a fun project, fine.  But keep in mind that if you actually invest any of your BTC in Coppercoin, then you are at the mercy of Cryptopia, and then you're going to have to get down on your knees and beg them to keep it listed.  If you just want to mine as much as you can and dump it immediately as long as it is still trading, then go ahead.
jr. member
Activity: 95
Merit: 1
Ok, the last few things have been done.  Twitter & email accounts.

Twitter:  https://twitter.com/Coppercoin77

Email that comes to me:  [email protected]

Email that forwards to the coppercoin.tech email address:  [email protected] (Google has a problem with 'admin' being in the username)

Let's go forward from here!

Sherman

PS.  We'll be working on another ANN when we get things worked out and a path going forward with roadmaps and plans.
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