[ANN] 📈 KnoxCoin【KNX】🌟 💵 POS 2% 💴 POS - Efficient Minting

Shauf

newbie

Activity: 20

Merit: 0

Quote from: romasalah on January 06, 2018, 06:37:55 PM

Quote from: Shauf on January 05, 2018, 12:14:49 PM

Quote from: itsmytime on January 05, 2018, 01:54:15 AM

There is another knoxcoin.io... They were saying it is lending and gaming at the same time. What is the connection?

i think it is not from knoxcoin but an external scam it was posted sometime before

Can you guys repost discord invitation? is there something going on?

I don;t think the discord still exists. Someone should set it up again if the dev is really back from a long break.

Shauf

newbie

Activity: 20

Merit: 0

Quote from: itsmytime on January 05, 2018, 01:54:15 AM

There is another knoxcoin.io... They were saying it is lending and gaming at the same time. What is the connection?

i think it is not from knoxcoin but an external scam it was posted sometime before

Shauf

newbie

Activity: 20

Merit: 0

Quote from: satori1 on November 04, 2017, 10:42:30 AM

Quote from: olkah on September 29, 2017, 03:03:23 AM

Quote from: bet101 on September 29, 2017, 02:56:59 AM

Quote from: TheKryptonian on September 29, 2017, 12:35:23 AM

Quote from: bet101 on September 29, 2017, 12:27:46 AM

Quote from: TheKryptonian on September 29, 2017, 12:19:18 AM

Quote from: changesl on September 29, 2017, 12:05:19 AM

Quote from: Ginzink on September 28, 2017, 11:55:04 PM

Quote from: changesl on September 28, 2017, 11:48:21 PM

scrypt only for asic Cheesy

Yeah, but hopes that one hour after Ann i would stiller get some with cpu. Never tried cpu mining scrypt before for that obvious reason :p buy there are many on the lookout for New coins and i guess even just one asic would make my cpu pretty useless :p

POW 12.5k blocks, means 625k coins only for miner.
10%premine, 2.3million, I cannot say dev is greedy, but with 2% POS return, I think its no value for miner or investors.

GOOD LUCK!

What do you want to say?

Just take it up your @ss dear friend, parasite

This is such a crucial point I want to re-emphasize it:

The pre-mine is 2.3 MILLION coins.
The total PoW supply is 625 THOUSAND coins.

There is no point mining a coin where you can only mine such a miniscule fraction of the supply.

Also, note that the ANN claims "10% Premine for Bounties and Airdrops" in large text but buries this little gem in the text:

Quote

2.5% of that premine is set for the developer.

The dev gets 2.5%, or 575000 coins. So the dev starts out with a personal supply almost equal to the entire PoW supply.

Please spend your hard-earned hash at your own risk.

I have no issues you not liking the coin or the idea or whatsoever but now you saying i am hiding things from the public is wrong the 2.5% for the devs is very well displayed among the text, at least its stated there, its not like i am hiding it, this look more like personal attack on this project than anything else. You dont like it dont participate it's that easy!!

You know what, you're right. I apologize if I made it sound like you were hiding it. I have edited out the part that makes it sound like I am accusing you of hiding something. I am not accusing dev of scamming or hiding info.

My point isn't that you are hiding or misleading. My point is the economics of this coin are just silly. You personally get 575,000 coins and the entire PoW supply for everyone else is 625,000 coins. Please let miners know why this is a good idea.

This isn't a personal attack. But if people invest in coins like this, then get burned later because it had poor economics, the cycle will keep repeating itself. I'm trying to promote a healthier ecosystem by encouraging people to only invest time/money/hash in promising projects, with good fundamentals. That will encourage devs to launch coins with good fundamentals. Otherwise devs will keep pushing the envelope with bad pre-mine and insta-mine arrangements.

THIS COIN IS GOING TO BE A PURE POS COIN AFTER THE POW ENDS AFTER 12.5K Blocks

Ok, 12500 blocks x 50= 625.000 For miners, I know it does not sound like much but we keep the Value on the coin as it makes it rare, therefor The price is more likely to rise.
We will rely on a 2% annual reward toward token holders, which i think is a reasonable percentage if compared against PoW coins that may be harder to mine and not always covering your mining cost.

We Premined 2,333,333 KNX that will help us toward payments of coders and other jobs that will be required to keep this project alive as specified in the ANN first page.

As explained in the ANN the whole premine account Wallet will always be available for scrutinizing, all coins going out of the wallet will be accounted for on the Transparency page, this is not meant to create a coin and make a quick buck on the exchange.

Now the other point is who is going to pay the fee for the Nova exchange or Cryptopia or any other exchange to add the coin?
https://i.imgur.com/BKDOtVk.png

Who incures the server costs (We have 5 Servers running nodes at this very moment) and development cost.

That's why we need the premine to make sure we can be up to standard today, tomorrow and in the future.
We want to be as transparent as possible

.

A coin is only as strong as the community wants it to be!! If you decide to mine the coin and keep it long term and start to make profit because you actually own it makes a lot of a difference. I saw coins on yobbit.net with amazing ANN everybody was invited to mine with 20% premine and i dont know what more, after 24 hours in the exchange it was worth nothing anyone was selling it for nothing practically.

In regards to the early unfair mining that has been made we the KNOX coin Dev decided that once we reach the last block of PoW the 125K coins that have been mined without our knowledge by unknown users will be re distributed among all coin holder.

You DEV and you have to pay for listing it always was !!!

satori1

member

Activity: 139

Merit: 11

Quote from: bet101 on September 28, 2017, 10:25:27 PM

KNOXCOIN is limited by it's supply therefore making it a coin to get and a coin preserving its value,

Many people do not realize that there are only 2789952 in total supply at this very moment. In 1 year from today there will only going to be 2.845.750 because of the 2% yearly interest for the POS. 'Talking about rare"....

Our suggested price of 0.00024 is +- 1 USD and would make a market cap of +- 2,800.000 USD which is not a high target, we see other community coins reaching those kinds of caps.

Join our community, KNX available at:

What is KnoxCoin?

KnoxCoin is a peer-to-peer cryptocurrency with a distributed, decentralized public ledger similar to Bitcoin. KnoxCoin uses a proof-of-stake system and is open-source.

Differences between Bitcoin and KnoxCoin

Each KnoxCoin confirmation time takes a couple of minutes, compared to Bitcoin confirmation times of about +10 minutes.

Proof-of-Stake

KnoxCoin’s Proof of Stake system secures the protocol through an efficient, decentralized process called “minting”, while Bitcoin uses a mining process that has been well documented as expensive and energy-intensive.

Knox (KNX) - PoW/PoS

What is project KnoXCoin?

KNX is born out of a simple interest and great admiration that i have for crypto currency industry, I just got tired of seeing hundreds new coins being released and tossed so i decided to create my own. By creating this coin i hope to get freelance coders joining this project to improve its functionality and features for the future "We are going to have a page for developers in our website". https://knoxcoin.me/developers, the page and forum will be ready in mid october

KNOX is not here to try to replace any Crypto Currency, Our coin does not have any magic features, We do not have some niche application THAT WILL CHANGE THE WORLD AND BRING WORLD PEACE.... Furthermore, we do not promise things for the crypto currency that will never materialize.
OUR PATH AND VISION WILL BE BASED ON COMMUNITY DECISION, as explained below.

What we know, is that we need the Miners and Stakers, like cars need the roads, we will respect the system there will be no pump and dump like many other Altcoins. If you think that you can trust our way of seeing things, than join us, we want to be here for the long run.

On the other side we will do everything possible to get KNX coin owners to be actively involved in the coins future direction, this is by creating a voting system to have a diversified coin at our reach, all this will be done by end of 2017

KNX is a Energy Efficient Coin that everyone will be able to mine

PREMINE - Yes we premined 10% of the coins, the premine is exclusively for payments to coders and bounties for works done for our community.
Users or coin owners will be able to check the premine wallet at any time "KGCzybZgBb61ps1PyWBwS2tYodVxTskxES" for transparency.

Our Website will have a page that shows every payment made for what work or bounty. 2.5% of that premine is set for the developer.

We will sell KNX coins to pay for Exchange fees for example like Nova exchange fee to add our coin without Voting or the same at Cryptopia Exchange, server and maintenance fees. As described above all these charges will be clearly shown in our Transparency page, every expense will be accounted for.

Knox Source Code - Click Icon Below

Download Windows - Linux - MacOS - Raspberry Wallets available below

Example file for Wallet "knox.conf".

The File here is a .conf file example to configure with your username and password and to add nodes in the future, this files belongs in the Knox wallet folder in your PC.

ADDNODES

addnode=162.212.154.11
addnode=162.212.152.94
addnode=162.212.152.29
addnode=52.15.123.217
addnode=76.95.178.229:23695
addnode=hobbyistpool.ddns.net:4351
addnode=37.59.13.76:60900
addnode=149.167.15.12:63359
addnode=62.73.116.189:23695
addnode=92.244.112.153:23695
addnode=202.83.101.172:23695
addnode=202.83.101.172:55208
addnode=162.212.154.11
addnode=162.212.152.94
addnode=162.212.152.29
addnode=52.15.123.217
addnode=76.95.178.229:23695
addnode=hobbyistpool.ddns.net:4351
addnode=37.59.13.76:60900
addnode=149.167.15.12:63359
addnode=62.73.116.189:23695
addnode=92.244.112.153:23695
addnode=202.83.101.172:23695
addnode=202.83.101.172:55208
addnode=107.191.55.64:23695
addnode=128.70.134.196:23695
addnode=142.163.82.195:23695
addnode=154.16.7.216:23695
addnode=178.62.254.159:23695
addnode=193.110.114.187:23695
addnode=37.97.242.80:23695
addnode=47.154.153.62:23695
addnode=51.15.95.128:23695
addnode=51.37.164.144:23695
addnode=69.243.208.19:23695
addnode=76.95.178.229:4351
addnode=86.168.146.198:23695
addnode=87.225.109.142:23695
addnode=89.250.157.117:23695
addnode=92.244.112.153:23695
addnode=98.224.178.172:23695

Blockchain Explorer

Exchanges

Like and comment on our Social media pages BitcoinTalk, Twitter and Facebook

JOIN KNOXCOIN DISCORD & SLACK COMMUNITY

KNOX SLACK IS READY FOR USE, PLEASE JOIN AND HELP US GROW OUR COMMUNITY AND CURRENCY

CLICK BELOW TO GET INVITE AND REGISTER

Our Source Code has been verified for Viruses, check results below

BOUNTIES

For Raspberry PI Wallet = 30 KNX Created by cbtc

For Mac OS Wallet = 50KNX

For Web Wallet = 55 KNX

For Mac OS Wallet = 50 KNX

Android Wallet= 150 KNX

Paper Wallet Generator = 50 KNX

Electrum Wallet = 150 KNX

Create Knox Signature = 5 KNX

~~Decent Block Explorer =~~ ~~25 KNX~~

Work Done by ec_max (Bountie Paid) 2702a3107fc6148382b349f1018932d306cc45d1317c324958e3dd63225b407d

Decent Mining Pool = 25 KNX

Work Done by ec_max (Bountie Paid) 2702a3107fc6148382b349f1018932d306cc45d1317c324958e3dd63225b407d

Translations = 5 KNX

~~INDONESIAN TRANSLATION~~ By sibond (Bountie Paid)

kokota172

newbie

Activity: 31

Merit: 0

It looks like the coin is going to die. Few people in the community are talking about it. DEV has not appeared for a long time, and the code has not been updated. Very regret！

siemonangle007

newbie

Activity: 77

Merit: 0

is this project dead , even nova share list to delist coin

lucky626

full member

Activity: 322

Merit: 100

Quote from: bet101 on January 01, 2018, 09:23:32 AM

The project is still going on, took a break from a lot of shit, KnoxCoin is a great coin.

cryptocoinscity

newbie

Activity: 158

Merit: 0

Quote from: bet101 on January 01, 2018, 09:23:32 AM

The project is still going on, took a break from a lot of shit, KnoxCoin is a great coin.

Hi bet101,

You seem to be the chief whip of KNX. What are you going to do with
the situation of CoinsMarkets and the KNX users there ? Any plans ?

Good luck,
CryptoCoinsCity.

romasalah

full member

Activity: 299

Merit: 100

Quote from: Shauf on January 05, 2018, 12:14:49 PM

Quote from: itsmytime on January 05, 2018, 01:54:15 AM

There is another knoxcoin.io... They were saying it is lending and gaming at the same time. What is the connection?

i think it is not from knoxcoin but an external scam it was posted sometime before

Can you guys repost discord invitation? is there something going on?

itsmytime

newbie

Activity: 15

Merit: 0

There is another knoxcoin.io... They were saying it is lending and gaming at the same time. What is the connection?

romasalah

full member

Activity: 299

Merit: 100

Plus discord invite is invalid and you need to look for another exchange other than nova. maybe CE or mercatox

romasalah

full member

Activity: 299

Merit: 100

Really? I still have mine. there is some trade on coinsmarket. but you need to wake up everybody who left the project.

bet101

full member

Activity: 266

Merit: 100

The project is still going on, took a break from a lot of shit, KnoxCoin is a great coin.

zTheWolfz

full member

Activity: 231

Merit: 150

And did you decide to invite your friends to invest into this project? Cheesy

Where are your friends?

zTheWolfz

full member

Activity: 231

Merit: 150

Quote from: ?? on ??

I am interested in the concept offered by this REAL project, I will invite my friend to invest a bit here and support the real project. Good luck!

You can invite as many friends as you want if there is no developer then nothing is going to happen. And maybe you look stupid in front of your friends if you recommend them a dead project Cheesy

gunther99

newbie

Activity: 126

Merit: 0

Quote from: ?? on ??

I am interested in the concept offered by this REAL project, I will invite my friend to invest a bit here and support the real project. Good luck!

can you contact the dev ? this thread seems doesnt active for long time, i mean just like the developer left his project, but im not sure about that but lets we do research before investing

romasalah

full member

Activity: 299

Merit: 100

seems like the developer abandoned the project

EluosiWawa

member

Activity: 96

Merit: 10

where can I read about bounty?

satori1

member

Activity: 139

Merit: 11

Quote from: olkah on September 29, 2017, 03:03:23 AM

Quote from: bet101 on September 29, 2017, 02:56:59 AM

Quote from: TheKryptonian on September 29, 2017, 12:35:23 AM

Quote from: bet101 on September 29, 2017, 12:27:46 AM

Quote from: TheKryptonian on September 29, 2017, 12:19:18 AM

Quote from: changesl on September 29, 2017, 12:05:19 AM

Quote from: Ginzink on September 28, 2017, 11:55:04 PM

Quote from: changesl on September 28, 2017, 11:48:21 PM

scrypt only for asic Cheesy

Yeah, but hopes that one hour after Ann i would stiller get some with cpu. Never tried cpu mining scrypt before for that obvious reason :p buy there are many on the lookout for New coins and i guess even just one asic would make my cpu pretty useless :p

POW 12.5k blocks, means 625k coins only for miner.
10%premine, 2.3million, I cannot say dev is greedy, but with 2% POS return, I think its no value for miner or investors.

GOOD LUCK!

Just take it up your @ss dear friend, parasite

This is such a crucial point I want to re-emphasize it:

The pre-mine is 2.3 MILLION coins.
The total PoW supply is 625 THOUSAND coins.

There is no point mining a coin where you can only mine such a miniscule fraction of the supply.

Also, note that the ANN claims "10% Premine for Bounties and Airdrops" in large text but buries this little gem in the text:

Quote

2.5% of that premine is set for the developer.

The dev gets 2.5%, or 575000 coins. So the dev starts out with a personal supply almost equal to the entire PoW supply.

Please spend your hard-earned hash at your own risk.

I have no issues you not liking the coin or the idea or whatsoever but now you saying i am hiding things from the public is wrong the 2.5% for the devs is very well displayed among the text, at least its stated there, its not like i am hiding it, this look more like personal attack on this project than anything else. You dont like it dont participate it's that easy!!

You know what, you're right. I apologize if I made it sound like you were hiding it. I have edited out the part that makes it sound like I am accusing you of hiding something. I am not accusing dev of scamming or hiding info.

My point isn't that you are hiding or misleading. My point is the economics of this coin are just silly. You personally get 575,000 coins and the entire PoW supply for everyone else is 625,000 coins. Please let miners know why this is a good idea.

This isn't a personal attack. But if people invest in coins like this, then get burned later because it had poor economics, the cycle will keep repeating itself. I'm trying to promote a healthier ecosystem by encouraging people to only invest time/money/hash in promising projects, with good fundamentals. That will encourage devs to launch coins with good fundamentals. Otherwise devs will keep pushing the envelope with bad pre-mine and insta-mine arrangements.

THIS COIN IS GOING TO BE A PURE POS COIN AFTER THE POW ENDS AFTER 12.5K Blocks

Ok, 12500 blocks x 50= 625.000 For miners, I know it does not sound like much but we keep the Value on the coin as it makes it rare, therefor The price is more likely to rise.
We will rely on a 2% annual reward toward token holders, which i think is a reasonable percentage if compared against PoW coins that may be harder to mine and not always covering your mining cost.

We Premined 2,333,333 KNX that will help us toward payments of coders and other jobs that will be required to keep this project alive as specified in the ANN first page.

As explained in the ANN the whole premine account Wallet will always be available for scrutinizing, all coins going out of the wallet will be accounted for on the Transparency page, this is not meant to create a coin and make a quick buck on the exchange.

Now the other point is who is going to pay the fee for the Nova exchange or Cryptopia or any other exchange to add the coin?

Who incures the server costs (We have 5 Servers running nodes at this very moment) and development cost.

That's why we need the premine to make sure we can be up to standard today, tomorrow and in the future.
We want to be as transparent as possible

.

A coin is only as strong as the community wants it to be!! If you decide to mine the coin and keep it long term and start to make profit because you actually own it makes a lot of a difference. I saw coins on yobbit.net with amazing ANN everybody was invited to mine with 20% premine and i dont know what more, after 24 hours in the exchange it was worth nothing anyone was selling it for nothing practically.

In regards to the early unfair mining that has been made we the KNOX coin Dev decided that once we reach the last block of PoW the 125K coins that have been mined without our knowledge by unknown users will be re distributed among all coin holder.

You DEV and you have to pay for listing it always was !!!

romasalah

full member

Activity: 299

Merit: 100

Quote from: satori1 on October 29, 2017, 10:46:56 AM

Fantastic coin, stupid users.... dev worked so hard and idots only fuck up projects

Totally agree

Topic: [ANN] 📈 KnoxCoin【KNX】🌟 💵 POS 2% 💴 POS - Efficient Minting (Read 11102 times)