Pages:
Author

Topic: [PRE-ANN] [CSGO] CounterCoin - A Multi-Algo Counter-Strike-Based Cryptocurrency (Read 3641 times)

full member
Activity: 247
Merit: 100
O__o
Welcome to CounterCoin!




Have you been playing Counter-Strike? Do you want to see a cryptocoin you can buy, sell, and trade? Do you want to buy skins, keys, or knives with this coin? Well, you're in luck! CounterCoin is a new, non-premined currency that will fit all of these needs! What more could you ask for? This is a coin gamers and non-gamers alike will cherish.

Now, what's our plan for CounterCoin? We plan to release the coin and it's services in stages, or "rounds." Each round ends when a block halving occurs.

The release plan:

Step 1: The Initial Release

This step will happen on October 23, 2014. The coin will be released at midnight on that day. The 23rd will be a day of partying, as people will be mining CSGO's servers out. This is considered round 1. At the end of round 1, 25600 blocks will have been mined. We will then move on to round 2.

Step 2: Game Shop

Exclusively using CSGO, you will be able to buy any item currently on the Steam marketplace with your coins. This will be an automated process, using secure trading bots for you. There will be a price relating to multiple values, including Bitcoin to USD, the item's value, and last, but certainly not least, CSGO's value. You will be able to place your order, and receive a code that will be included in the text of the trade offer. All items will be offered via trade, and you will not have to add anyone. You will have to provide your Trade Link, though. At the end of round 2, we will move on to round 3.

Step 3: User Control (A.K.A. The final step!)

At this point, we will actively be looking for people to help with CSGO's development, making it decentralized. The original developer (me) will almost be completely out of the equation, as this will become a community-oriented coin. The only thing I will do is watch the community grow, and moderate development to keep anything harmful from happening. I will also be responsible for maintaining the website, as well as the forums.

Coin Specs:

  • Mutli-algorithmic
  • 1,280,000 CSGO to be minted
  • 16 initial reward
  • 1 final reward
  • 300 second (5 minute) block time
  • 25600 blocks per half
  • Not premined
  • SHA256d, Scrypt, Skein, Groestl, and Qubits algorithms

As you can see, not many coins will be minted. Only a bit over 1 million. This is to increase value, as well as quicken half-time.

Remember, the release is on October 23! Don't miss out! Stay tuned right here on BitcoinTalk.org!


You must be joking  Grin  Grin  Grin  Grin  Grin
full member
Activity: 182
Merit: 100
legendary
Activity: 1260
Merit: 1009
hero member
Activity: 574
Merit: 500
newbie
Activity: 12
Merit: 0
So I guess nobody knows where to mine this coin? I'll sadly take my hashing power somewhere else then.

CSGO isn't released yet.
full member
Activity: 122
Merit: 100
So I guess nobody knows where to mine this coin? I'll sadly take my hashing power somewhere else then.
newbie
Activity: 12
Merit: 0
Looks like CSGO is about to get off to a rocky start. The Qt (wallet) is not compiling. I'm actively working on it, but, CounterCoin may have to be delayed.
full member
Activity: 122
Merit: 100
So, since you're not premined or anything. Where do people mine your coin?
sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
Ok, there's some thought here; that's really rare these days.  Now, about this blurb:


Exclusively using CSGO, you will be able to buy any item currently on the Steam marketplace with your coins. This will be an automated process, using secure trading bots for you. There will be a price relating to multiple values, including Bitcoin to USD, the item's value, and last, but certainly not least, CSGO's value. You will be able to place your order, and receive a code that will be included in the text of the trade offer. All items will be offered via trade, and you will not have to add anyone. You will have to provide your Trade Link, though. At the end of round 2, we will move on to round 3.

Does this mean that as soon as I have some CSGO coins I can go to the Steam marketplace and buy things? Is there a "will be implemented", "will be launched", "planned", "devs are working urgently to get ready", "under negotiation", "in process", "nearly complete", "almost ready", "release date to be announced" or any of the other usual "always in the future" altcoin BS about new cool features or will this actually work from day one? I don't see any weasel words, but there's the faint odor of ferret wafting about ...
newbie
Activity: 12
Merit: 0
Counter coin

maybe different name will help for deja vu syndrome.
for ex.  BOOM HEADSHOT!!! COIN
or maybe DOUG FPS coin

Cheesy


I think CounterCoin sounds better.
member
Activity: 84
Merit: 10
Counter coin

maybe different name will help for deja vu syndrome.
for ex.  BOOM HEADSHOT!!! COIN
or maybe DOUG FPS coin

Cheesy
newbie
Activity: 12
Merit: 0
hero member
Activity: 490
Merit: 500
0_0
newbie
Activity: 12
Merit: 0
Algo?
300 seconds block of time, a good long ah! ! !
Do not exceed 90 seconds.
Otherwise, diff too, died block does not move!
changing to 60 seconds is good for mining and net stability.

The 5 minute block time helps to prevent dumping. If people can't get 17000 coins in 1 day, they won't be able to essentially ruin the price. Also, if you have any questions, feel free to ask.
Algo?

I'm going to have to update the thread, but, they are SHA256d, Scrypt, Skein, Groestl, and Qubits.
jr. member
Activity: 58
Merit: 10
Algo?
300 seconds block of time, a good long ah! ! !
Do not exceed 90 seconds.
Otherwise, diff too, died block does not move!
changing to 60 seconds is good for mining and net stability.

The 5 minute block time helps to prevent dumping. If people can't get 17000 coins in 1 day, they won't be able to essentially ruin the price. Also, if you have any questions, feel free to ask.
Algo?
newbie
Activity: 12
Merit: 0
Algo?
300 seconds block of time, a good long ah! ! !
Do not exceed 90 seconds.
Otherwise, diff too, died block does not move!
changing to 60 seconds is good for mining and net stability.

The 5 minute block time helps to prevent dumping. If people can't get 17000 coins in 1 day, they won't be able to essentially ruin the price. Also, if you have any questions, feel free to ask.
sr. member
Activity: 448
Merit: 250
Let's try! Maybe this time things go better ...

There's always tomorrow.
legendary
Activity: 1057
Merit: 1000
The Experience Layer of the Decentralized Internet
Algo?
300 seconds block of time, a good long ah! ! !
Do not exceed 90 seconds.
Otherwise, diff too, died block does not move!
changing to 60 seconds is good for mining and net stability.
full member
Activity: 224
Merit: 100
here for a while
Let's try! Maybe this time things go better ...
Pages:
Jump to: