Great!
I have build a small temporary Website for CON for updates
If you want to add relevant links (facebook?,twitter,slack channel?) and more, pm me or post it here
http://www.paycon.xyz
I own paycon.info if any one has any suggestions what we could use the URL for.
https://paycongroup.slack.com
I sent invites out to everybody in the old slack group. Anybody else can PM me an email address and I'll send an invite out.
http://www.paycon.xyz
Updated Twitter and slack and changed the forum section
best
sudo23
Hello Guys,
The Paycon.xyz website was just a temporary website,
I created this page very fast with the the Canvas website builder App on my hosting provider and it is very limited.
.
You Guys should create a better Website and I will redirect paycon.xyz to the new Paycon Website.
http://www.simpl.com/ Is a simple website builder for example.
Who knows some good simple website builder?
I redirect paycon.xyz to this bitcointalk-forum as from now on.
Here are the sources:
background:
http://imgur.com/a/T4w5M
paycon.xyz
[CON] We Don't Deny It
Specs
X13 - POS/POW
Block Time 60 Seconds
Max Money 20,000,000
Diff adjust per block
POS Block Rewards
2 day Minimum Stake age
14 day Maximum Stake age
POS Starts at block 7200 at 50% reward per year
POS changed to 30 Coins per Block at Block 50,000 (Feb 3rd, 2015)
Features
Built in Block explorer
PayCon swappable themes
Statistics page
Social/Exchange tab
CON for Charitity
SplitBlock GUI, Date range GUI in transactions and much more
How does PayCon Proof of Stake work?
Proof of Stake means proving ownership of the amount owned through time. When someone sends Coins to your wallet they are encoded with the time at which they have been received and begin to accumulate Coinage. Coinage is measured by the amount of Coins times the number of days they have been stationary in your wallet. After 2 days of being stationary in your wallet, Coins will be eligible to "Stake" and will compete on the network to prove ownership. Coinage accumulates automatically, you do not need to have your wallet running but once your Coins are past the minimum age of 2 days, they will only Stake once your wallet is open and connected to the network.
You can gain the most Stake reward by managing the sizes of your Blocks with Coin Control, you can select multiple smaller Blocks and send them to yourself to combine them into one larger Block so they Stake sooner, or select a larger block and send smaller amounts to yourself to so you have more Blocks competing on the network for higher rewards. Each time you send a transaction, it costs 0.05 CON and it resets the Coinage back to zero to begin accumulating once again.
Your reward per day and per year is based on the amount of Coins you own, the sizes of the Blocks of Coins, and the amount of people Staking their Coins on the network. If there is a low amount of people Staking their Coins, smaller Blocks of Coins will Stake sooner for higher rewards ie. If you Stake but other people do not, you receive the rewards that they would have received.
If interested in an explorer that blows every other one out of the water you should check out the Block Explorer at http://www.presstab.pw/phpexplorer/paycon/
I have always focused on Colossucoin/2 as it is my one and only coin for many years (since Sept. 2013).
Thanks for your understanding
best
sudo23
Founder of the ColossusCoin/2 Foundation
ColossusCoin2 - head of development
Forum Admin
Website Admin
http://colossuscointalk.org/index.php?action=profile;u=2