Topic: Ethicoin is coming: Ethicoin's purpose is to improve the condition of humanity - page 3. (Read 4514 times)

LOL

But could you elaborate on how LTC miners will receive free coins? I think I missed the merged mining explanation boat... :/

Close encounters of the third kind coin 

One thing is certain. You try to merge mine Ethicoin with Vaginacoin.. shit will get strange

We couldn't call our coin Ethicoin (ETC) and have premine!

We will do everything in our power to make ETC coin launch ethical and aboveboard.

Our mission:

"Ethicoin's sole purpose is to improve the condition of humanity on planet Earth through sponsoring innovative inventors, authors, artists, non-profits, entrepreneurs, grassroots organizations, cryptocurrency projects, online content creators (blogs) and more worldwide."

With LTC merge mining it is envisioned to be "free coins" for LTC miners while also sponsoring such projects...

Very interested, merge mine with LTC will be revolutionary

Now you have me interested

There will be no premine.

Once we have the merge mining 100% tested - we will open another thread for projects to apply to be added to the receiver files from day 1.

I want to know the % of premine. Guess i'll have to wait till more info.

And that is why GLD will fail (your post). We have real vision, extensive marketing plan, and technical knowledge behind Ethicoin.

This is only the beginning.

We will ensure plenty of notice before we launch - we want to launch Ethicoin in the most above board way possible.

We will start another thread regarding sponsoring projects closer to launch - at this stage we are focussed on testing and implementing the LTC merge mining.

your mom has hairy nipples

Free love, free money, free Ethicoin for LTC miners while also helping us sponsor amazing projects worldwide. I prefer "win win coin" myself

We are currently looking for a mining pool to test the LTC merged mining. Please let me know if you know of an LTC mining pool which would be happy to support our testing.

HippieCoin

You're wrong.  Merged mining with LTC is a major innovation. 

Thank you for the feedback. Please read the above post - we are hoping to be the first coin which can be merge mined with LTC. I will admit the majority of the rest of the motivation behind Ethicoin is non-technical and is to simply help humanity achieve its dreams on this planet and we are proud of that.

imho it sounds more like another alt-coin with only changed constants + name and logo.. hope it has something better than "10 reasons why this coin is better" article

This is a very good question.

Ethicoin will be different to Devcoin in a number of ways:

- Ethicoin is not designed to compete with Devcoin (it is inspired by DVC after all) but rather to complement Devcoin.

- There will be a limit of approx 80 000 000 Ethicoin's ultimately in circulation (Devcoin is virtually unlimited) this will ensure Ethicoin's retain, hold, and hopefully improve their value over time.

- Devcoin sponsors open-source projects only - Ethicoin will sponsor any project which is deemed to be beneficial to humanity on this planet (more specific criteria coming soon).

- With Ethicoin 50% of generated coins will go to the miners and 50% will go to sponsored projects (with Devcoin 90% of generated coins go to projects and 10% go the miners)

- Ethicoin will be merge mined with LTC (OK there goes one of our secrets As far as I know Ethicoin will be the first coin to achieve this.

- Ethicoin is Scrypt based

- Ethicoin will implement DVC's concept of receiver files to distribute funds to sponsored projects.

- Due to being the first coin to be merge mined with LTC,  Ethicoin will in essence amount to "free coins" for LTC miners while also helpng ensure a bright future for humanity on this planet.

Further questions are more than welcome (although I have to go soon) but we will endeavour to answer any questions as soon as possible.

If you or anyone you know may be eligible for ETC funding please email [email protected]

Thank you for your support.

Please let me know if you or anyone you know may be eligible for funding,

Ethicoin will be widely mined due to the (secret feature) to be revealed soon

Anyone is eligible to earn Ethicoin's (beyond the miner's who will also earn Ethicoin) so please let me know if you know anyone who may be interested!

Based on that description, it sounds...exactly like Devcoin. How will it be different from the existing currency?

i see i see. sounds neat.