Hello Comic Relief,
We would like to welcome you to a new form of currency for the internet called Donationcoin.
What is Donationcoin?Online there are already many variants of Bitcoin which you may or may not of heard of such as Litecoin, Dogecoin, Reddcoin and many many more. Unlike the original "Internet Money" Bitcoin or other variants, Donationcoin is specifically molded around donating to charity and to helping those less fortunate than ourselves. Spencer Lievens (Co-Creator/Lead Developer) and Muiz Rana (Co-Creator/Developer) have created this brand new "cryptocurrency" named Donationcoin (
http://www.donation-coin.org) to enable people worldwide to help people to live a better life. Currently we have 13,500,000 coins on reserve and from these Donationcoin we want to give Comic Relief 250,000 Donationcoin. In total 90,000,000 Donationcoin will slowly enter the internet over the course of 10 years. This is achieved by the Donationcoin community using their own computers to generate the Donationcoin and trade on the exchanges to further increase it's value.
Where's the Donationcoin stored and how are money transactions possible on across the networks?People simply download a software wallet for Donationcoin (Linux, Mac or Windows) which enables them to send and receive Donationcoin.
Wallet Downloads -
http://www.donation-coin.orgWhat is Donationcoin? And why should Comic Relief use them?Cryptocurrencies like Donationcoin are peer-to-peer networks which form a digital currency and transactions network. These networks are secured by cryptography. A decentralised network of nodes is responsible for creating new currency and validating transactions. Their supply is also controlled by particular nodes called miners. In general, cryptocurrencies are designed to have a limited supply in order to keep the currency scarce and valuable.
To simplify, all the Donationcoin software wallets which are all connected throughout the Internet form the network.
Who produces Donationcoin?With Donationcoin new coins are rewarded to users known as miners. Miners use computing power to solve complex mathematical problems to sign transactions. Once a miner has found a solution to these problems, their node will broadcast a block of transactions to the network. Once the network has agreed the solution is valid, the block is added to the existing blockchain and the miner is rewarded new currency. The blockchain can be compared to a digital ledger which contains a record of all transactions made across the network. Overtime the reward for mining blocks is programmed to decrease and as more miners compete to produce the next new block the difficulty of doing so is increased.
How can our Charity sell Donationcoin to get FIAT ("real money")?Donationcoin is on three exchanges online, the Swisscex exchange (
http://www.swisscex.com), Bleutrade exchange (
https://bleutrade.com) and CoinNext exchange (
https://coinnext.com). Our current market value is at 0.003891p for each Donationcoin. Please bear in mind we are a new coin and our value will only increase once more charities start to except the currency. With this we recommend trading your 250,000 Donationcoin either "late in the game" or slowly in increments at your own discretion.
How do we accept Donationcoin and get the 250,000 Donationcoin?We recommend your Finance Department download the software wallet to a secure computer. We have Linux, Mac and Windows versions available here -
http://www.donation-coin.org Once downloaded and installed simply contact us with your receive address and we shall transfer the coins directly to your wallet. We will also send a Donationcoin banner/button with your receive address for people Internationally to recognise you accept Donationcoin. If you have any issues with downloading the wallet or installing please email
[email protected]
