Topic: [ANN][DT] DarkToken - NIST5 - PoW/PoS - page 15. (Read 32629 times)

Challenging the expected

DarkToken takes the next step in coin development by fixing it from the start. Rigorous, energy intensive mining over long periods of time, or even worse, short PoW flash-mines, are extremely detrimental to not only the environment, but the crypto community as a whole. Networks can be maintained perfectly using Proof of Stake, but most choose not to, why? Ultimately, this answer is because it makes a few people richer, largely the developers and “early adopters” (friends of the developers). This is the reason we chose to have a PoW phase that was neither lengthy nor mining intensive. Our model for distribution is that the entire supply will be sold through our ICO which is being escrowed by www.c-cex.com, apart from 2%, which will be generated through a short proof of work mining phase.
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DarkToken aims to offer a refreshing new take on what a crypto-currency should be by detailing every aspect of the coin, from start to finish. DarkToken will launch with a detailed wallet which includes a block explorer, IRC chat, and an exchange function fully built intra-wallet. The goal of the ICO is to raise the funds necessary to pay for the varying costs that come with setting up multipools, hiring developers/audits for source, integrations, and various other goals we have lined up. We decided to make our ICO “cheap” due to the nature of our intentions, such as why we chose the distribution model that we did.
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A Proof of Developer may be completed upon request; we are more than willing to


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ICO & Block Structure
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Block 0: ICO
Blocks 1-20000: 10 DT (1 week PoW/PoS)
          Note: Blocks 1-100 0 reward to prevent instamine
Blocks 20001-999999 2% PoS

DarkToken uses a hybrid PoW/PoS system. This will allow for the network security of proof of work  and later, the energy saving PoS. PoW will end after block 20,000 and it currently only exists to provide network stability to the coin whilst it is in its infancy. We are very against PoW as it wastes a great deal of energy & a multitude of valuable resources.
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The premine block will be sent C-Cex, whom will host our ICO. 10 Million [10,000,000] coins will be available to purchase at a price of .00001000 per coin. We chose to do a relatively “cheap” ICO, in retrospect to what some others have aimed for, as our objective should not require hundreds of thousand of dollars. Other ICOs have simply collected their money, then pissed themselves. We do not wish to do this & we are only expecting to collect a sum that will be put forward to developments and to fund services

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SPECIFICATIONS
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Name : DarkToken
  
Ticker: DT
    Max PoW Coins: 10,200,000
    Algorithm : Nist5
    Block time : 30 seconds
Max height: 20000

PoS
Minimum Stake Age: 6 Hours
Maximum Stake 168 Hours/1 week
PoS Interest: 2% per Annum
10,000,000 total coins at launch

Block Explorer

DarkToken’s initial coin offering will be escrowed through C-Cex, using their new ICO rules, detailed further at https://c-cex.com/?id=ico
All ten million coins will be sold off at a price of .00001000 BTC per DarkToken. We decided to not structure our ICO into tiers as we believe DarkToken is an asset, much as a stock is, and should be treated as such. The ICO will run for 4 days starting on September 16th. The ICO will close on September 20th at 12:00 PM EST.

Disclaimer: All sales are final. Any unsold coins will be destroyed by C-Cex. This may alter maximum values presented in this announcement.



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DEVELOPMENTS
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This list will be continually updated as the life of the coin progresses:

Negotiate with an Exchange/Escrow to launch the coin
Launch coin onto market
Establish a multipool or contact an existing one to set up payouts in DT
IOS/Android Wallet with staking function
Anonymous feature with possible TOR integration
Distributed Marketplace


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CONTACT US
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Email: [email protected]
Twitter


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Services
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Coming Soon

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Downloads
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Windows Wallet

Mac Wallet

Source

Some Wallet Shots:

http://i.imgur.com/SEgrZ6G.pnghttp://i.imgur.com/LThv7zC.png

http://i.imgur.com/QIitIKf.pnghttp://i.imgur.com/kZ13S7w.png


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Exchanges
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https://www.c-cex.com/i/l_s.png


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Pools
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http://dtoken.minerpools.com/
http://dt.hashhot.com
https://darkt.suprnova.cc
http://dt.coin-miners.info/


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