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Topic: [ANN] <TGC> Third Generation Coin & Proof of Burn & Dcrypt Algo - page 10. (Read 15876 times)

legendary
Activity: 1904
Merit: 1003
How many threads you are going to create today?

Can anyone explain me what the hell PoB is? What I have to burn to get coins?
hero member
Activity: 574
Merit: 500
Third generation, third thread.  Grin
newbie
Activity: 11
Merit: 0
   
We define the cryto-currency with 3 stage:
The first stage is the POW(proof of work).   Bitcoin
The second stage is the POS(proof of stake). PPC
The third stage is POB(proof of burn) reference (Slimcoin Whitepaper PDF),thanks for their great work.But we find some drawback with distribution model of slimcoin.So we try to improve this model.Make it more profit for the holders.
1.We reduce the amount to 21Million
2.Make the mint confirm faster and less block confirm.
3.Improve the distribution model.
4.Make burn Coins more profit.

Proof-of-work is used as a mean for generating the initial money supply.But if someone doesn’t have any rig, can not take part in the distribution.

Specifications
Uses Dcrypt algorithm, an algorithm made to be difficult to implement on an ASIC.
Tri-Hybrid Blocks: Proof-of-Burn blocks, Proof-of-Stake blocks, Proof-of-Work blocks
Block time is 3 minutes (180 seconds)
Difficulty re-targets continuously
Block Rewards:
Proof-of-Burn blocks: max 200 coins
Proof-of-Work blocks: max 20 coins
Pos:7 days
Block rewards decrease in value as the difficulty increases
Total 21 million coins

Distribution:
1.9000 TGC premined 0.05% IPO for the initial distribution.People with no rig can still get the initial coins.And will give away some initial money to 1000 members of btt.We will use this fund for the further develop,fix some annoying display bugs.And improve the wallet.
You can buy 1 TGC/initial for 0.001btc,and will harvest thousands of tgc from your initial invest.Because burn : mine = 10 : 1 in our distribution model.

Send btc to 1GwWRJM9cDBe5rWpq8chmCt4bYwLYDh3rX ,visit our website or pm us with your txid,we will send you the tgc share asap.(Keep)

If you have btt accounts with 50+posts,you can get 1 TGC for your start.Register your wallet in our website free give away part.And pm us,if you are qualified,we will send the initial share to you.Total 1000 accounts available.

2.99.95% burn and mine.

Website: http://tgencoin.com/ (Distribution System.)

Because no one ipo until now.So we change some rules.We will free give away to 5000 btt members.Each get 2 tgc.You can send us a pm,and leave the address in pm.And say something good for tgc here.We will send you the tgc shares.You can use the initial shares to burn. Smiley
If you want more,you can still ipo and pm us.

DOWNLOADS
Wallet(Windows):https://mega.co.nz/#!wYsg3Iwa!BS56HLQQwrDuf8UcRKocxw_7nCTjsGJoknEFG6srjkg.
Source Code : https://github.com/TGCproject/ThirdGenerationCoin



POOLS
http://tgc.pool.mn/

EXCHANGES
Coming soon.

SOCIAL
Coming Soon.

Twitter
Coming Soon.

Facebook
Coming Soon

SERVICES / OTHER
Coming Soon


Wallet Snapshot:
http://i.imgur.com/3i6pFL5.jpg


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