Topic: [ANN][BERN] BERNcash - X14 PoW/PoS Hybrid - BERN the big banks - page 97. (Read 151800 times)

Trump all the way, if you support Hillary or Bernie you support the destruction of the United States of America.  Hillary is married to a rapist (Bill Clinton), think about that for a minute, the president of the US would be married to a rapist !!!! She has been convicted of numerous scandals and lies as well, she is a criminal.  Bernie is a democratic socialist.  He sounds like he is mentally impaired and looks even worse.  The only choice is the right choice, and that is Donald Trump.

Thanks for your interest and well wishes. Some interesting ideas were brought forth during the meeting and I do want to test to see if possible. I of course would present these ideas if found to be obtainable. This coupled with the fact the project was brought to me only recently and I do have projects both in and out of crypto that can not be abandoned made me feel more comfortable with the current launch date. Also, time for marketing is required and that is out of my hands.

If launch can be moved up, I doubt there would be any objections and we will do so.

Interesting, good luck. I will participate.  I just wish it wasnt so far away lol  
I guess time is good for improving things though

As promised, I am reporting the tentative specifications agreed upon by myself and Bernie's supporters at today's meeting and the justification for these tentative specifications. I apologize for the short delay in delivering this information today but the meeting was very lengthy as I wanted to be certain to explain the options well and I scrutinized this post thoroughly in my hopes to not miscommunicate anything. Below is as much information that I can deliver with any degree of certainty as of now. I do open the floor for debate of these tentative specifications if you do have suggestions that might improve the likelihood of BERN achieving it's goal of supporting Bernie Sanders and his presidential campaign.

BernieCoin will tentatively be pure PoW. The purpose of BernieCoin and it's use is donating to Bernie's campaign. To discourage hording of BERN and hopefully drive donations to make Bernie the next president of these United States, a PoW/PoS hybrid or a pure PoS implementation was ruled out.

The mining algorithm will tentatively be X14 to prevent any centralized control coming from ASICs and to maintain some attainability for Bernie supporters that want to contribute via mining but do not have the funds or technical knowledge to employ a mining rig of any sort. X11 was initially discussed but the possibility of future ASIC development targeting the large number of X11 coins by the time Bernie is up for re-election brought hesitation to this. X14, with the removal of the whirlpool algorithm from X15, was brought forth by myself as a possibility because the low number of X14 coins that could potentially make future ASIC development less of a threat and, to my understanding, removal of the whirlpool algorithm specifically would benefit CPU mining. Unfortunately, this attempt at boosting non-technical people's CPU hash rate might be easily off set by the gain exposure to botnets. We ended the algorithm talks with X14 as the most likely candidate but, as with most of these details, it is by no means etched in stone yet.

BernieCoin will have an instamine of a small percentage (1 - 2% was discussed) of the total coin supply. A large percentage (50% was discussed) of the instamine will be distributed via an airdrop for supporters of Bernie Sanders. The remainder of the instamine will be used for future distribution and promotion efforts such as, but not limited to, possibly a faucet and/or a second airdrop prior to re-election. The instamine, airdrop, and any further distribution will be fully and completely transparent public information.

Total coin supply will be 200 million. We came to this number by rounding up the total number of registered voters in the USA (~180 million source). We also wanted to make a large number of coins available so that contributors could more easily see contributions in whole numbers.

The block reward, reward halving, and target time all need further analysis of how they would correlate to supporting Bernie's election efforts both in this coming election and the second term election 4 years after. I will post this in the coming days.

The launch date for BERN will be February 23rd, 2016 at 0:00 Eastern Standard Time. This is a week prior to 'Super Tuesday' on March 1st. This roughly month long period from now until launch will allow a window of opportunity for supporters to suggest enhancements, sufficient marketing to spread the word, development of all supporting components, and sufficient testing to ensure a successful launch of Berniecoin on this day.

Thank you in advance for your opinion on these largely tentative specifications and any thoughtful and supported suggestions of changes.

Thank you for your enthusiasm. I assure you Bernie will not want the coin removed as we are supporting his election as president of the United States and is the only objective of all our efforts.

I think this is great because I doubt Bernie will want the coin removed like kayne did, since it will bring him attention and support.

It is not a joke. You can expect a release in the near future.

It's this now a joke or can we expect a realease soon?

There is no doubt this thread will be a hot bed for those with strong political views both for and against Bernie Sanders, as we have already seen an amount of this. I by no means expect anyone to suppress their political views or opinions if they so choose to make them public. I am a very strong supporter of freedom of speech and think everyone should have the right to expression through speech. I only ask that it is kept civil and does not turn into some mud slinging, x-rated, political soap opera. Please be respectful of others opinions and others freedom to express them. Hopefully the same is returned to you if you so choose to share your opinion.

Thank you in advance for for being open minded and respectful to different opinions.

Agreed and this will be a topic of our meeting.

some airdrop will be nice to 

Yes, I know much more information is needed and I will provide that information. Please understand I, the developer of BernieCoin, was asked to make BernieCoin just 6 hours ago. It was agreed upon at that time that I should pre announce BernieCoin and lay claim to the name. While yes, I do have an idea formulating in my head of specifications, I do not want to mislead and state any specifications until I have meet with, heard expectations, explained options, debated, and come to decisions with all the people involved. Our first formal meeting is in 8 hours. I will report any decisions that are made shortly thereafter.

Thank you for your patience and understanding.

This made me laugh!  By the way looking for to this thread! 

more info please

Just for clarity, no. No one will be getting 90% of anything. Not with BernieCoin.

Thank you Hank3 for censoring your word choice. That was polite of you.

Ah very interesting, that sounds like Germany in Europe.. Thanks for the explanation.

I guess if you are not in USA this joke might not make sense. Bernie is running for President based on him taking 90% of your earning in taxes to pay for free college, free healthcare, free everything.  He is a socialist or communist depending on how you look at it. So Ocminer, if you were President Bernie, you would take 90% of all the hard hashing miners coins and give them out to people who don't mine (work) because they just want free shit from the government to take care of them.  Sorry if the joke doesn't translate across the world. Some people got it

Hmm so pools are the government ? Wow

Perfection

I even got the joke and, admittedly,  I am no political guru. I am just a developer.

Thanks for the chuckle jimlite!