Topic: [IPO] ShadowCoin(SDC) Project. The Currency with PoS and P2P features. - page 4. (Read 14046 times)

Too many scams,waiting for  white paper or wallet

WELL DONE.
We have received the first donation!!

Bitcoin is a great work, but it’s not friendly to the environment on mining and the confirm time is too long for ecommerce payments. Inspired by NXT and RIPPLE, we are committed to create a new generation currency.

The second generation currency is more competitive than the first generation as Bitcoin. In the era of currency, we believe technical advantages ensure survival. PoS resolve a big environmental issue instead of meaningless waste of energy.

NXT gives a solution but it’s not perfect. So we decided to create a better currency. We called it ShadowCoin, and it is an open source project.

It’s P2P features will prevent exchange closed under the intervention of the government such as India and China.

No government have the ability to track and close the ShadowCoin.

It’s just like the shadow did.

The first block generates 100% ShadowCoin (96,000,000 sdc) and no new ShadowCoin will be created. All coin is pre-mined means you don’t have to waste a mass of calculation on mining.

Every account earns coins from transaction fees later. Block time is 1 minute, and there are 2880 transactions per block. Support two decimal points in the beginning.

Network code of ShadowCoin is already done.

PC Client is under development, ios and Android Client support for currency trading.

High anonymity network mode is still testing, and you can run the nodes on Tor or any other anonymity network.

Distributed transaction system that integrated into the client, will no longer need to deal website. (Forget Mt.gox, Btc-e, etc. lol)

-   High anonymity network mode*

-   Quick confirm

-   Alias System

-   Currency Exchange in Client

-   Decentralized Network and Marketplace

-   Encrypted Messaging

-   File Signature and Timestamp

-   Base DDoS Protection

-   Mobile client support

-   Brain Wallet

-   Dark ShadowCoin Self-Recover (Solve the problem of the DEAD currency)

The whitepaper release date is: 25-01-2014. [delay]

And we will release part of source code after launch the sdc currency. Perhaps in late February.
If there is anything new, we will release it on the Bitcointalk immediately.

-   Logo Design

   Most of our art design really is bad enough, so we hope to have the art to help us design a nice logo currency.

   We will vote on the Bitcointalk, the final winner will win 3000sdc as reward.

Translation

If someone is willing for us to translate different languages, we will feel very pleased.    We will pay you in sdc.

We are not sure how many bitcoins we need in total; in fact this is not our real concern. We just hope more people can participate in it. If you donate lots of BTC, you will have the opportunity to become a major shareholder. If you are willing to donate a small number of money to help my project, 0.01 BTC is entirely enough. Of course, we will try to encourage our friends to join this epic test.






-Donations are not expected,
-Allocation scheme is changed to full allocation (80%)
23/1/2014

NXT’s 100% PoS has achieved some success; it is also the source of our inspiration.
Differ from NXT’s 100% PoS; here is a more equitable solution

We planned distribute 80% of total amount (76,800,000) for shareholders in IPO.

-We will distribute 50% SDC to the early stakeholders; The rest will be distributed to shareholders after that. (30%)

10% is used for reward of contribution to ShadowCoin community. (If you are a skilled translator or web designer, just PM me or email to me. )

7% for Development costs and equipment maintenance, 3% for giveaway.(it may change but we will publish the details)

STEP1: Send BTC, LTC or NXT to the address I provide.

STEP2: Pm or email ([email protected]) me with the hash of the transaction. [IMPORNTANT]


IPO will be completely finished after 05.02.2014, Two weeks later ShadowCoin will be formally launched.

We are busy testing sdc network, but don't worry, no donation will be missed.

PS: LTC and NXT will be translated into the BTC, in order to calculate the value of shareholders' donation.



Q&A:

Q:As in the IPO post, the shadowcoin is a better currency than NXT, would you please explain what let SDC to be better?
A:Thanks for ur interest in Shadowcoin.
NXT is 100% PoS Currency. Some problems have appeared since its release.
So we allocate 80% to shareholders. To avoid over concentration problem.
And we r testing SDC's own feature: High anonymity network mode. u can choose to open or close the function.
To avoid some government intervention such as India n China.
Dark ShadowCoin Self-Recover is a great feature but it's under development.

Q:I want to know does the top 50, top 50-150 et. al mean the donation percentage or the donation order?
A:Obviously, base on your donation percentage in top 50(Level1) or top
50-150(Level2)

Q:I saw the NXT moved.
A:NXT has moved to the construction site and buy device.
After the end of the IPO, we will also convert all BTC or LTC into funds.
Read the description of the risks, you can decide request return of funds or not before the ipo ends.

If you have any questions about ShadowCoin plan, just PM or email me. [email protected]

Maybe there will be voices of questioning, we hope that we can use action to reassure everyone..

Cheers!!!