Topic: [ANN][Nanocoin] Revolutionary Geographic Based Distribution [LAUNCH SOON] (Read 5810 times)
March 20, 2015, 06:14:44 PM
wallet wont sync
March 16, 2015, 07:06:51 PM
Sorry we are going to postpost the launch, we tried to do some test transfers using our proprietary client and unfortunately the community version of the client was not registering them at all. We thought we had these issues worked out, it is difficult working with two different clients sometimes.
We will try to have it ready within the next 5 days, and we will launch we all QT clients OSX, Windows and Linux working without issue to ensure everyone has a fair chance to mine.
We will try to have it ready within the next 5 days, and we will launch we all QT clients OSX, Windows and Linux working without issue to ensure everyone has a fair chance to mine.
Ok, thank you.
March 16, 2015, 09:01:51 AM
how will beacon distribution work. what is to stop ppl setting up a nodes and gaming system.
can you enlighten me on process of distribution pls.
is this like airdrop country type coins
can you enlighten me on process of distribution pls.
is this like airdrop country type coins
Beacon distribution will be initiated when enough users meet a specific stake threshold in a geographic area, it will unlock a geographic faucet. Anyone who is within range of the faucet and has the Nano client running will receive Nanocoins. Faucets will be open for three days and will not be allowed to be reopened in that geographic area until a threshold of faucets have been opened in other areas around the world to ensure wide distribution. This is very different than the standard Airdrop, 1. Its focus is on wide and diverse distribution, 2. It is handled in a decentralized way and initiated by the community, 3. It demonstrates many of the features in the proprietary Nano wallet.
Brilliant! I love it. So now I'm interested in this coin again. The though of having to the faucet thing manually was dreadful. I would not have participated if that was the case. As most people don't have time to keep going back to the faucet site and getting coins. But you guys seem to have fixed that. WOW! great idea and I hope this method of distro works out. So we need coins to stake, either buy them or mine them.. okay I'm good with that.
The only thing that I disagree with is the 5 days "grace" of mining .0001 is completely useless.
March 16, 2015, 05:52:58 AM
For the exchange you can ask @yobit (can add your coin but not manage the foundraising)
March 16, 2015, 05:47:17 AM
Sorry we are going to postpost the launch, we tried to do some test transfers using our proprietary client and unfortunately the community version of the client was not registering them at all. We thought we had these issues worked out, it is difficult working with two different clients sometimes.
We will try to have it ready within the next 5 days, and we will launch we all QT clients OSX, Windows and Linux working without issue to ensure everyone has a fair chance to mine.
We will try to have it ready within the next 5 days, and we will launch we all QT clients OSX, Windows and Linux working without issue to ensure everyone has a fair chance to mine.
March 15, 2015, 08:08:21 PM
March 15, 2015, 05:46:51 PM
Which algo?
March 15, 2015, 05:39:52 PM
is there a .conf file for this Nanocoin Windows QT?
March 15, 2015, 02:20:52 PM
Mac wallet does not work.
We are working on this now, it works on some machines that have a library that is currently not statically linked. Does the daemon included with the OSX package work for you?
No.
dyld: Library not loaded: /opt/local/lib/db48/libdb_cxx-4.8.dylib
Referenced from: /Applications/nanocoind
Reason: image not found
Trace/BPT trap: 5
March 15, 2015, 02:19:36 PM
how will beacon distribution work. what is to stop ppl setting up a nodes and gaming system.
can you enlighten me on process of distribution pls.
is this like airdrop country type coins
can you enlighten me on process of distribution pls.
is this like airdrop country type coins
Beacon distribution will be initiated when enough users meet a specific stake threshold in a geographic area, it will unlock a geographic faucet. Anyone who is within range of the faucet and has the Nano client running will receive Nanocoins. Faucets will be open for three days and will not be allowed to be reopened in that geographic area until a threshold of faucets have been opened in other areas around the world to ensure wide distribution. This is very different than the standard Airdrop, 1. Its focus is on wide and diverse distribution, 2. It is handled in a decentralized way and initiated by the community, 3. It demonstrates many of the features in the proprietary Nano wallet.
March 15, 2015, 02:06:09 PM
how will beacon distribution work. what is to stop ppl setting up a nodes and gaming system.
can you enlighten me on process of distribution pls.
is this like airdrop country type coins
can you enlighten me on process of distribution pls.
is this like airdrop country type coins
March 15, 2015, 01:48:47 PM
Looks good, how do i mine this does you have instructions ?
Distribution you sale 5% for Dev is this the pre mine ?
Distribution you sale 5% for Dev is this the pre mine ?
5% will be held by Nanocoin Developers to sell on exchanges if extra funding is needed. We plan to hold half our share and sell half once we finish discussions with Bittrex. We hope giving people many avenues to obtain Nanocoin will diversify distribution which is essential to security while we wait for beacon distribution to start.
March 15, 2015, 01:46:56 PM
Mac wallet does not work.
We are working on this now, it works on some machines that have a library that is currently not statically linked. Does the daemon included with the OSX package work for you?
March 15, 2015, 01:37:07 PM
Mac wallet does not work.
March 15, 2015, 01:26:56 PM
Looks good, how do i mine this does you have instructions ?
Distribution you sale 5% for Dev is this the pre mine ?
Distribution you sale 5% for Dev is this the pre mine ?
March 15, 2015, 01:24:30 PM
If you're going to make a scam coin, at least get the spelling of certain words correct, lol. Grammar as well.
March 15, 2015, 01:15:15 PM
We will have the compiled Arm/Pi client up soon too.
March 15, 2015, 12:38:56 PM
We had some minor issues with the initial chain, so I restarted the chain. If you downloaded the chain before this announcement you may need to clear your blockchain folder and resync. Everything seems stable now, please ask questions if you have any.
March 15, 2015, 12:36:12 PM
Over the next 5 days proof-of-work blocks will only reward the minimum amount of 0.0001 XNC in order to allow everyone to download the clients and prepare their mining setup.
So this means my wallet should have at least 0.0001 XNC in order to start mining?
And I found a typo - Reddcoin ?
https://github.com/nanocoin-project/nanocoin
Quote
License
Reddcoin is released under the terms of the MIT license. See COPYING for more information or see http://opensource.org/licenses/MIT.
Reddcoin is released under the terms of the MIT license. See COPYING for more information or see http://opensource.org/licenses/MIT.
No the minimum amount of reward per block allowed is the minimum transaction fee which for Nanocoin is 0.0001 XNC.
So you can scrypt mine starting now but you will only receive 0.0001 XNC per block which for most people is not worth the electricity. This is to give people time to setup their mining and get the client working, this grace period will last about 5 days and on block 7501 blocks will receive their full reward.
I fixed the typo, thank you - we used their README as a template for our core wallet since they did a nice job. I don't think they would mind considering how often they borrow from other projects.
March 15, 2015, 07:44:06 AM
Over the next 5 days proof-of-work blocks will only reward the minimum amount of 0.0001 XNC in order to allow everyone to download the clients and prepare their mining setup.
So this means my wallet should have at least 0.0001 XNC in order to start mining?
And I found a typo - Reddcoin ?
https://github.com/nanocoin-project/nanocoin
Quote
License
Reddcoin is released under the terms of the MIT license. See COPYING for more information or see http://opensource.org/licenses/MIT.
Reddcoin is released under the terms of the MIT license. See COPYING for more information or see http://opensource.org/licenses/MIT.
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