Topic: [ANN][GRE] GreenCoin | On Bittrex now! - page 32. (Read 83641 times)

http://coinok.pw will provide you today faucet and scratch game

Bittrex has begun talking with us, and Mintpal has added us to their voting page.

I'll add the voting page later this afternoon - Also, Allcoin is allowing us to continue voting regardless of GRE conflicting with another coin.

Things are looking up

Second Producer payment has been made.

Check everything out on our official block explorer (thanks to CryptoBlocks): http://explorer.cryptoblox.com/chain/GreenCoin

Thank you!


For the record, I'll be working to make updates as quickly as possible, and since I received some feedback to include timestamps to the OP, I'll include those as well.

Head down, moving. 

glad to see the update.
move head.

Thanks! Every vote counts!!

Looks interesting and i have voted.

Actually, I have also contacted bittrex.com

Bittrex <[email protected]>
6:24 PM (2 days ago)

to me
##- Please type your reply above this line -##
Your request (3933) has been received and is being reviewed by our support staff.

To add additional comments, reply to this email.

I know he's contacted Allcoin and Cryptsy to be listed. We'll have to see when they make it into voting rounds!

dev,,didi u already contact bittrex.com?

http://www.cryptoblox.com/faucets/GreenCoin/
http://www.cryptoarrow.com/faucets/greencoin/index.php

Here are two faucets for FREE greencoin! All you need is an address. If you send me a GreenCoin address, I may be able to send a few coins your way as well. Thanks, and glad you're interested!

If you truly are a producer, go to http://www.grcoin.com/contact, and click the link next to "If you are interested in being a producer please use this email."

Not that the amount of coins will be split among all producers - so if there are two producers, whoever creates more renewable energy will receive more (so if I make 5 KWh's of solar energy, and you make 10 KWh's, then you will receive 1M, and I will receive 500K.

I am also a newbie,
can I get some coins from dev?

Ya know, I just have to say as somenee who lurks in many threads on this forum......this thread since it started has been a breath of fresh air!  

There is so much crap and rudeness from people in the crypto community, I find myself appreciating the kind people the efforts from this dev team are attracting.  

This entire thread has been a real pleasure to follow so far, hopefully this community that is forming will stay that way!!

I'm producer and greenpeace member, i'll pm u my adress to have 1,5 M

Well, you mention big corporations, and we hope to have them on board! GreenCoin can help make the carbon market tangible - if that makes sense.

Thank you for choosing to be a part of GreenCoin! We are so thankful that you're here, and know that we are working hard to ensure GreenCoin gets to where we want.

Thank you for your replies.
I like to think that I take care of my environment, but I'm not perfect. I mean, I can probably do more. I started to get interested to cryptocurrency in december 2013, started to mine in february 2014. Somehow, mining make me feel a little guilty. Spending that much energy for something that it is not essential at all. Fortunatly where I live our main source of electricity is the hydro-electricity. So I think I don't totaly destroy this planet. 

Today I've actually started to mine GreenCoin. To be honest, I mine this coin only for the profit. Hence my worries about the number of buyers.

I hope your are right when you think that people want to offset their carbon footprint. I understand that big corporations want to offset their carbon footprint by buying credit on the carbon market. They receive the peers pressure from their consumers. They want to be seen as a good citizen. But that a single person want that? I'm not sure. But as long as that I do not lose money with this, I'm glad to be part of the test. 

You know, I would not mind to be wrong... but rich! hehe

We announced first. I'm not worried if we don't get listed on Allcoin - it would be fantastic - but this project is meant to far outlive something such as a competitor coin. We welcome GoldReserve, and want to remain open to all other coins.

https://www.allcoin.com/trade/gre_btc

GRE(GoldReserve )

 

I'm sorry you've been scammed in the past. I lost 6.5 BTC in MtGox so I certainly feel your pain. We are going to great lengths to develop a reputation as being trust-worthy, responsive to the community, and transparent on the operation of the coin. I hope that we come to deserve your trust in the future.

These are good questions and I spent quite a long time (while searching for a dev guru like ncsupanda) thinking about how the whole ecosystem would work. At some level, you make predictions and then you just have to pull the trigger and put it out there and see how the market takes it. In business this is called user testing and the benefit in most businesses is you can react to your user feedback and change the product. This is much more difficult with crypto's because you have to fork. But having said that, here are some comments in response to your concerns:

Scrypt:
We chose scrypt for a couple reasons. First, to ncsupanda's point, scrypt asic mining will reduce power consumption considerably for mining in the future. The second reason it has a good, stable history.

As to the power problem: The amount of mining ultimately would be fairly miniscule to the scale of the problem at hand. Global CO2 emissions are clocking over 31 GT annually. Let's take a look at bitcoin: obviously considered to be power-hog, but it's only 0.03% of the grid (I've read this elsewhere, if there is a better number, let me know). Electric power generation contributes 25% of the total global CO2 emissions, so 0.0003 * 0.25 * 31 GT = 2.3 MT of annual CO2 emissions coming from bitcoin's existence, or 0.0075% of all CO2 emissions. Now, we are all hopeful greencoin will become a great coin, and even if it did, I doubt it would be using substantially more power than bitcoin. If greencoin was capable of onlining green energy to even a 1% reduction in global electric power emissions, it means the coin reduces 33X more carbon than is produced by miners. At a 10% global reduction, it's over 300X and so on. Additionally, miners have an incentive to go green on their rigs because they get mined coins AND produced coins. Bitcoin doesn't offer this additional incentive. This is all before you even begin to account for the trade-offs that might actually work in cryptos' favor as an alternative payment system, for example, the energy needed to send payments in more traditional banking ways also uses power (servers, etc), and bitcoin might actually be net "greener."

GreenCoin Market:
Ultimately the demand comes from people who otherwise cannot get coins from either mining or producing (or if the latter folks want more). Since GreenCoin is a calculated carbon offset, if you wanted to make your lifestyle carbon neutral or net negative even, GreenCoin essentially gives you a mechanism to do that. For example if you wanted to offset the average American annual per capita emissions of ~17 MT (~1.5 MT per month) you could purchase 1.5 MT of greencoin per month.

For me personally I like to think that something along these lines really needs to be possible. I fly around a lot for work and vacations, and know that a cross country (US) flight is easily 200 kg CO2 per passenger. My solar panels only make about 8 kg a day at their best, so I can never offset my lifestyle on my own. But if I can buy this from other folks that produce much more than me, that would be awesome. This is what greencoin is designed to effectuate.

I hope that helps a little and I'm glad your at least interested in the concept enough to ask. We welcome other comments, feedback and questions from others as this project matures.