HugeCoin has been changed to Royalties (This name has come from samsmith16, as well as a lot of the new additions)
ICO Started Saturday, 1 July 2017 0038 (GMT)ICO Ended Wednesday, 5 July 2017 0450 (GMT)http://i.imgur.com/v3lm67Q.png Name: Royalties
Year Interest rate: 15% (on Term Deposits)
Total coins: 18,446,744,073,709 (6 decimals)
ICO: 0.1% (No development permined)
Block time target: 2 Minutes
Block reward: 100Rp (10x increase every year [264,000 blocks], max 10R )
Algo: Cryptonight
Ticker: XRY
Decimal breakdown: 1.000000 = 1R
0.100000 = 100Rp
0.010000 = 10Rp
0.001000 = 1Rp
0.000100 = 100Ri
0.000010 = 10Ri
0.000001 = 1Ri
Decimal Terms: 0.001 - Rp Royal points
0.000001 - Ri Royal bits
About RoyaltiesRoyalties is a fork of XDN (DigitalNote) and will have the same linear interest formula as the original code to start with. We understand that this linear formula doesn't make locking up your coins for longer terms better. Meaning we know that most will manually compound your deposits. By depositing for 1 month and after that month redeposit the total sum, over and over. The formula should be compounding, and in Deposits 2.0 we will bring a better deposit structure. We need development funds from the ICO to do this and many other changes. With saying that, and to keep with the higher number of coin from HugeCoin we will be giving a 250x multiplier on deposit interest for 3,600 blocks (~5 day). This will help create the liquidity we see a crypto needing for the future, as well as give the ICO backers a bounce and encourage deposits. Deposits will be a huge part of keeping the price of Royalties stable, as well as help bring more coins to the market.
Block rewardBlock rewards start out a little different, they start small and get bigger as the network grows and so does the cost of mining. Yes block rewards are part of the network security. However if at the beginning we have 100 Transactions per day and the blockchain is still a small file. Its like the differences between securing a home WIFI and all of Google. At the beginning Bitcoin was producing about 7,200 coins per day and now about 1,800. By year 2 Royalties will be producing 7,200 or 5,400 more coins than Bitcoin is now per day. So Royalties will be producing the same amount of coins per day, that Bitcoin did in the beginning, only Royalties will do this until Total supply is reached.
ICOThe ICO will be capped at 15 Bitcoins and will be ran anonymously, I don't want to know your IP, your name or your email address. I simply need signature proof that you are the one who sent the Bitcoins and I need your Royalties address at launch. A few things must be
stressed here you must have signing rights to the Bitcoin address you send from, this means no exchanges or sending from a mixer. This is because once we hit that 15 BTC max all coins past that will be returned to the sending addresses. Also if bitcoins are received and no communication has been made, with whom sent them and proof, they will be returned. The ICO address is not for donations, there will be a separate address for that. The last part of the anonymous ICO is that a stealth Bitcoin address will be used. No one will know your sending address except for me. Use the address below to send your Bitcoin.
Validate your ICO Contribution We well be using the encrypted messaging feature of the Royalties wallet, as well as the DigitalNotes wallet (get XDN here
http://digitalnote.org/)
Here is the XRY address to send your message.
XRY1So7woYdgbVDZXRRDFRL77DbXKCCQ92RGngs2aEviAL6v4pY2qcBbSGL3WgsUNVEAtUPZU22dhT5z2ihUFTPA6o8aUvtG9D
Here is the XDN address to send your message.
dde6nZQKdgzewZBTgfxVn9QthWkoRyiVxPZtFv7fUPcKTKRiZZt4UjURT1NwJUKh8hTUr5QVwCJSX6Vb5TwS35AQ1MnuLvfJh
Please check the
"Add Reply To" box so we can communicate, if you do want to validate before the Royalties wallet is released, just know you will need to send a second message with your Royalties address. In your encrypted message you will need to sign a Bitcoin message and look like the below example.
Encrypted Wallet Message- Bitcoin address
- Message
- Signature
This is what the Bitcoin message should have in it.
Bitcoin Message- ICO amount
- Royalties address
ExchangesCryptopiaXRY/BTCXRY/LTCXRY/DOGEInfoRoyalties Foundation Websitehttps://xry.io/Live Block Explorerhttp://xryexplorer.info/Social MediaTwitterFoundation@RoyaltiesGroupsamsmith@RoyalCipherFoundation Slackx-r-y.slack.comJoinRoyalties GitHubRoyalties GUI Wallethttps://github.com/Vetro7/RoyaltiesGUI/releases/tag/v0.1.0Royalties Command-line Wallethttps://github.com/Vetro7/RoyaltiesCLI/releases/tag/v0.1.0Royalties Block Explorer codehttps://github.com/Vetro7/RoyaltiesBERoyalties CPU solo mining guidehttps://bitcointalksearch.org/topic/royalties-cpu-solo-mining-guide-2042721Please send donations to the XRY address below.XRY1So7woYdgbVDZXRRDFRL77DbXKCCQ92RGngs2aEviAL6v4pY2qcBbSGL3WgsUNVEAtUPZU22dhT5z2ihUFTPA6o8aUvtG9D
