Author

Topic: [PRE-ANN] | Mono | POW - Community Built - Private - Egalitarian (Read 22636 times)

brand new
Activity: 0
Merit: 0
We will support mining

pool reserved


WITH 0% FEE for at least for first 3 months
newbie
Activity: 42
Merit: 0
full member
Activity: 702
Merit: 102
I am the Kung Fury...
is this project dead?

Seems not in great shape at least!
full member
Activity: 893
Merit: 135
Bitcoin is not a currency or asset. Its a MOVEMENT
is this project dead?
full member
Activity: 893
Merit: 135
Bitcoin is not a currency or asset. Its a MOVEMENT
Hey @mossj what is the progress here?
when we can see some open code on github?
any planned date for launch now as voting was done for everything.
newbie
Activity: 72
Merit: 0
sr. member
Activity: 584
Merit: 250
I am sure that you did a very good job when developing this concept. I am sure that if you invest good marketing efforts in this project, you will get a lot of investors. And your project will develop further. Need to think about advertising.
copper member
Activity: 42
Merit: 10
~ LAUNCH DATE: 2019 ~


my eye still seeing this thread, and when is the certain date of launching you means?  Smiley

I'll let you know of a specific date when development is completed!
newbie
Activity: 12
Merit: 0


Hello Mono community!  Wink

@Devs --> One more pool needed?

Located on EU server.

☆☆☆☆☆☆☆

https://miningpassion.eu/

☆☆☆☆☆☆☆

Happy Mining!  Smiley

☆☆☆☆☆☆☆
legendary
Activity: 1049
Merit: 1009
TRX: TCRKDukYt2zDie9vJDhToKrP3tyTV29U48
~ LAUNCH DATE: 2019 ~


my eye still seeing this thread, and when is the certain date of launching you means?  Smiley
copper member
Activity: 42
Merit: 10
Hi!


pool.rig.tokyo will support you!

Thank you!

I want to join to testnet. I wrote e-mail to you.

Thank you.

Thanks for the email, I have replied and will send you further info when the testnet is available.
newbie
Activity: 155
Merit: 0
Hi!


pool.rig.tokyo will support you!

Thank you!

I want to join to testnet. I wrote e-mail to you.

Thank you.
newbie
Activity: 42
Merit: 0
I'll be setting the developer pre-mine at 2%, that seems to be slightly lower than the consensus here, so it should please everyone!
2% is good.
copper member
Activity: 42
Merit: 10
I'll be setting the developer pre-mine at 2%, that seems to be slightly lower than the consensus here, so it should please everyone!
newbie
Activity: 110
Merit: 0
copper member
Activity: 42
Merit: 10
Voting has ended for the Average Block Time poll!
The average block time will be 1 minute. You can view the results at: https://www.strawpoll.me/17094187/r
full member
Activity: 702
Merit: 102
I am the Kung Fury...
I have no bad idea about some premine for fair pow coin, it's legit. Dev have to work, eat and live. 3% is ok...i think also 5% is fair..
The market will tell the price.
legendary
Activity: 1927
Merit: 1004
How much premine (if any) do you think the development team (only me at the moment) should receive?

I think pre-mining if occur, should not exceed 3%, and this amount would be divided between the development team and for future campaigns of dissemination of the project

I'd say 3% is a good amount of premine, honestly, I'd be happy with what the community lets me get away with. Since 3% would be more than enough to fund exchanges and such.

that depends of course on the price of the coin
copper member
Activity: 42
Merit: 10
How much premine (if any) do you think the development team (only me at the moment) should receive?

I think pre-mining if occur, should not exceed 3%, and this amount would be divided between the development team and for future campaigns of dissemination of the project

I'd say 3% is a good amount of premine, honestly, I'd be happy with what the community lets me get away with. Since 3% would be more than enough to fund exchanges and such.
newbie
Activity: 5
Merit: 0
------------------------------------------------------------------------------------------------
USING COMMUNITY VOTES TO BUILD A PROOF OF WORK BASED CURRENCY
------------------------------------------------------------------------------------------------

~ LAUNCH DATE: 2019 ~

------------------------------------------------------------------------------------------------
WHAT IS MONO?
------------------------------------------------------------------------------------------------
Mono is a blank canvas, with every aspect of the final product sculpted by the community.
It is a crypto-currency project based on an undecided proof of work algorithm, secured by the CryptoNote protocol.
This allows it to remain completely anonymous and private, utilizing ring-signatures to prevent transaction identification.
Mono is built ground-up by the community, with each person being able to vote on what features they'd like.

------------------------------------------------------------------------------------------------
HOW DO WE CONTROL MONO?
------------------------------------------------------------------------------------------------
Each feature of Mono will be decided by the community using a voting platform, each vote will start at 8PM GMT, and last for 24 hours.
Mandatory features will have a non-unanimous decision threshold, with the winner being the feature with over 50% of the votes.
Non-mandatory features will have a near unanimous decision threshold, with the winner being the feature with over 80% of the votes.
I'd like this project to take on a life of it's own, so even if I were to disappear it could still be developed and carried on by the community many years later.

------------------------------------------------------------------------------------------------
CORE PRINCIPLES OF MONO
------------------------------------------------------------------------------------------------
Although each feature is decided by the community, I want to lay out the foundations of this project as lead developer.

~ FUNDING FOR THE PROJECT WILL BE RAISED THROUGH DONATIONS ~
No ICOs, nothing fishy. If the community allows it, a small premine to get things kicked off as well. The latter isn't mandatory though.

~ CRYPTONOTE WILL PROVIDE THE NETWORK PROTOCOL ~
CryptoNote provides an entirely private and secure network protocol that allows all transaction to be anonymous, free from third party investigation or interference.

~ FOCUSED ON DECENTRALIZATION ~
I'd like to ensure that when the project is alive and running, that there is no mining pool with over 30% of the hash power of the network.
I know this can be hard to achieve, but I'd like every mining pool to have a fair chance and for miners to switch pools if they see the one they are using is growing too big.

~ COMMUNITY BASED DEVELOPMENT ~
I want this project to come alive, with an active user base that helps to support one another and develop this project into a great one.
This means that decentralized development is a real core here, and I want to community to praise anyone who votes on new features, suggests ideas, or even better, develops to program themselves.
The end goal is to have a large network of developers and a dedicated community all working together to create this project, I'll just light the fuse!

------------------------------------------------------------------------------------------------
VOTING
------------------------------------------------------------------------------------------------
Each vote will last a minimum of 24 hours or until 100 votes are reached, and open at 8PM GMT on the scheduled day.

- MINING ALGORITHM -
Voting has ended, the mining algorithm will be CryptoNight!
Voting ended on 103 votes, with CryptoNight holding the majority with 47 votes.

- TOTAL SUPPLY -
Voting has ended, the total supply will be 100 million coins.
Voting ended on 56 votes, with 100 million holding the majority with 16 votes.

- EMISSION RATE -
Voting has ended, the emission rate will be 15% of coins in the first year, using the standard CryptoNote emission formula.
Voting ended on 37 votes, with 15% holding the majority at 13 votes.

- AVERAGE BLOCK TIME -
Voting has launched, please vote at: https://www.strawpoll.me/17094187
Voting will end once 100 votes is reached, or once voting levels off.

------------------------------------------------------------------------------------------------
ROADMAP
------------------------------------------------------------------------------------------------
The community can suggest features that will be added to the roadmap!

The project has only just begun so there aren't any pending features yet!

------------------------------------------------------------------------------------------------
COMMUNICATION CHANNELS
------------------------------------------------------------------------------------------------
~MY TWITTER~

I'd like this forum post to be the main point of communication for the community, since it'll keep the thread active to expose new users to it!
When the project grows larger in size, a Slack or Discord channel will be created for more in-depth community discussions!
An official twitter page for the project will also be made when the community grows in size to keep users updated with announcements for the project.
If there is large demand for any other communication channels and I'm not able to make them I encourage anyone who's involved with the project to create that channel!

Please ask any questions or begin any discussions in this forum post, I'd be happy to answer any questions.
Remember, anyone who gets involved in the community has as much right to add new features and develop the coin as they wish as another, that's the beauty of open source!
The community will decide the outcome of this project! Thanks for reading, I'll be updating this post shortly.

Any private questions can be addressed to: [email protected]

Dear Mono Team
Your coin may be free of listing on Aiodex if the number of votes is large enough.
Let's vote for it ☞ https://aiodex.com/vote
Explorer free for any coin listed ☞ https://explorer.aiodex.com/
Please, Don't hesitate to let us know if you have any questions.
Sincerely,
Aiodex Team
Discord: https://discord.gg/RvhvdZq
Facebook: https://www.facebook.com/aiodexofficial
Twitter: https://twitter.com/aiodex_official
Telegram: https://t.me/aiodex_official
Website: https://aiodex.com
full member
Activity: 784
Merit: 100
How much premine (if any) do you think the development team (only me at the moment) should receive?

I think pre-mining if occur, should not exceed 3%, and this amount would be divided between the development team and for future campaigns of dissemination of the project
copper member
Activity: 42
Merit: 10
How much premine (if any) do you think the development team (only me at the moment) should receive?
copper member
Activity: 42
Merit: 10
We are from the team at Proof of Review and would like to offer you the chance to have your project, team and code reviewed on our platform www.proofofreview.com/reviews where we have several projects reviewed already

As you can see we offer a comprehensive and objective review on your project which is a good way to showcase your project, display transparency for the team and also your teams skills

If you are interested in a review or have any questions on the review process please email us at [email protected] or join our discord at https://discord.gg/K8faBzV

That won't be necessary, thanks.
I intend to remain anonymous as a developer and there is no code to review yet.
The only member of the development team is me until someone else decides they'd like to help.
Thanks for the offer though, I may be in contact once the project is released.
copper member
Activity: 42
Merit: 10
Sorry about the delay for the latest vote, I was very busy for the past two days.
copper member
Activity: 42
Merit: 10
Voting for average block time has launched, please vote at: https://www.strawpoll.me/17094187
copper member
Activity: 42
Merit: 10
Voting for the Total Supply and Emission Rate has ended! You can view the results on the main page.
copper member
Activity: 42
Merit: 10
I'm going to follow up this thread :-)

Thanks, any support is appreciated!

classic ?

Not sure what you mean. If you mean CryptoNight classic then I'll be using the latest version of CryptoNight.
full member
Activity: 635
Merit: 208
Belgian based crypto-enthusiast
I'm going to follow up this thread :-)
newbie
Activity: 25
Merit: 0
copper member
Activity: 42
Merit: 10
Voting for mining algorithm has closed, with the winner being CryptoNight!
copper member
Activity: 42
Merit: 10
hi, what plans do you have to get this onto exchanges? getting onto decent exchanges is an expensive business

Probably rely on donations & cuts from the developer pool that I mentioned earlier.
legendary
Activity: 1927
Merit: 1004
hi, what plans do you have to get this onto exchanges? getting onto decent exchanges is an expensive business
copper member
Activity: 42
Merit: 10
I'm heading off to bed now, will answer more questions in the morning.
Remember to vote to have your say in development!
copper member
Activity: 42
Merit: 10
Voting for the emission rate has launched, you may vote here: https://www.strawpoll.me/17078827
copper member
Activity: 42
Merit: 10
hi,you say launch in 2019, is there a month in mind? as a long time miner/community coin collector i am very interested in joining this

The launch will be early 2019, probably in January, but don't hold me to that.
When I am in the testing stage I will announce an actual release date, so there is fair launch for all users.

That means it has the possibility to get delayed? like it will be around Q1 2019 or even longer than that? or it won't be later than January.
'testing stage' means a lot for me, saw many projects got delayed for a few months.
even though they are only at 'testing stage'.

It is very likely to release in January, since most of the "development" work is forking and implementing pre-existing features from other coins. The real development work comes after that which is implementing totally new features.
As I said though, I may run into network breaking errors during testing, so this is only an estimate. Set your sights for January, but don't be surprised if it's not.
full member
Activity: 632
Merit: 122
hi,you say launch in 2019, is there a month in mind? as a long time miner/community coin collector i am very interested in joining this

The launch will be early 2019, probably in January, but don't hold me to that.
When I am in the testing stage I will announce an actual release date, so there is fair launch for all users.

That means it has the possibility to get delayed? like it will be around Q1 2019 or even longer than that? or it won't be later than January.
'testing stage' means a lot for me, saw many projects got delayed for a few months.
even though they are only at 'testing stage'.
copper member
Activity: 42
Merit: 10
Voting has opened for total supply, please vote at: https://www.strawpoll.me/17071601

The idea of project looks at least interesting.
Have you plans about Bitcointalk signature campaign?
If so I would help you by creation of signature pack. At the moment it could be free for you or for just a small amount of pre-mained coins if it will be  Wink
Feel free to contact me if interest

No plans for a signature campaign yet!
I haven't started the vote for the premine amount (if there is any) but the coin will be fair launch so you can mine alongside everyone when it launches as well! Smiley
Thanks for your interest!
sr. member
Activity: 1042
Merit: 328
SIGNATURE CREATION by uralcryptocoin
Voting has opened for total supply, please vote at: https://www.strawpoll.me/17071601

The idea of project looks at least interesting.
Have you plans about Bitcointalk signature campaign?
If so I would help you by creation of signature pack. At the moment it could be free for you or for just a small amount of pre-mained coins if it will be  Wink
Feel free to contact me if interest
copper member
Activity: 42
Merit: 10
hi,you say launch in 2019, is there a month in mind? as a long time miner/community coin collector i am very interested in joining this

The launch will be early 2019, probably in January, but don't hold me to that.
When I am in the testing stage I will announce an actual release date, so there is fair launch for all users.
legendary
Activity: 1927
Merit: 1004
hi,you say launch in 2019, is there a month in mind? as a long time miner/community coin collector i am very interested in joining this
full member
Activity: 702
Merit: 102
I am the Kung Fury...
Notsofast interest is a plus.

Though I am flattered, please never never never use my interest as a positive datapoint in your fundamental analysis.

I have been very wrong many times throughout the years.

LOL!! Sure...consider it just a compliment.

I like community coin with serious dev, hope this could be one of it...so let me say I approve all you said about the coin.
copper member
Activity: 42
Merit: 10
We will also start a mining pool for this project.  Grin

Goodluck!

Thank you very much! You're support will make this project that much better. Smiley
jr. member
Activity: 330
Merit: 1
We will also start a mining pool for this project.  Grin

Goodluck!
copper member
Activity: 42
Merit: 10
What exact CN variant will you be using? An initial CPU-only mining period might entice additional miners.

The latest ASIC proof version of CryptoNight, which I believe is V8.
I don't think there's a way to make it CPU only mineable, but CPUs are very strong in this algorithm, so the cost-effectiveness of having a multiple GPU rig won't be worth it to most miners.
This promotes decentralization in mining during the initial stages because only one computer can be a miner at a time, before larger farms will (if ever) be set up.
newbie
Activity: 4
Merit: 0
What exact CN variant will you be using? An initial CPU-only mining period might entice additional miners.
legendary
Activity: 1517
Merit: 1042
@notsofast
Notsofast interest is a plus.

Though I am flattered, please never never never use my interest as a positive datapoint in your fundamental analysis.

I have been very wrong many times throughout the years.
jr. member
Activity: 72
Merit: 1
Interesting, everything is by voting. this is called the coin of democracy  Cheesy
copper member
Activity: 42
Merit: 10
What time does it start? Exact time

Votes open around 8PM GMT and end when 100 votes are reached or the votes level off.

Stroke of luck! hanging around on the first page of btctalk and gettin a good pick is not so easy in these days. Notsofast interest is a plus.
Will be one of your follower for sure,privacy and anon optional tx are the real deal for the next big coin.
Suggest to open a discord server when you can...

Thank you for your interest in the project!
I will open a Discord server after all voting is complete, but I'd rather people use this forum as communication, since it keeps the topic bumped (which will accrue more interest).
full member
Activity: 702
Merit: 102
I am the Kung Fury...
Stroke of luck! hanging around on the first page of btctalk and gettin a good pick is not so easy in these days. Notsofast interest is a plus.
Will be one of your follower for sure,privacy and anon optional tx are the real deal for the next big coin.
Suggest to open a discord server when you can...
member
Activity: 124
Merit: 10
What time does it start? Exact time
copper member
Activity: 42
Merit: 10
Voting has opened for total supply, please vote at: https://www.strawpoll.me/17071601
copper member
Activity: 42
Merit: 10
Full on community-support projects like this are difficult to muster for. Especially in a crypto bear market where there's very little visible, immediate, guaranteed recouped value from participation.

As the leader, expect to bridge any and all gaps in development or decision, and it will be mostly gaps. Most everything will be centralized around you until decisive value is built into this project, visible in a healthy marketplace. That will take months.

If you can stay anon and offer ***anything*** cool and unique on your own, this project may have a long-term prospect.

IMHO, the first "best bet" development possibility that comes to my mind, is to present Mono as a Second Coming of John Connor's Vanillacoin/Vcash/VNL/XVC, including all previous innovations (Zerotime etc), updated to the latest Monero/Bitcoin libraries. Can you do this (or something like it) on your own for now, with help as interest grows?

That's a really great idea, and thanks a lot for the help.
I'd be open to bridging any gaps in development, that's what I meant by I'll be developing and want the project to grow on it's own, i'm not expecting immediate growth and actually expect it to take a few months before a solid community is formed.
I don't really want to present Mono as the second coming of anything right now, I want the community to help choose what features the coin should have, but yes, if there is nothing else to add implementing the features of Vcash shouldn't be too hard.

Cool. The reason I wanted to take the time and spell it out bluntly is I think you've put forth a design aesthetic I haven't seen yet, and that's something a lot of projects struggle with, even tokens that have raised multi-millions skimp on unity of design aesthetic. So if you have dev chops backing that up, excellent.

The Vcash ideal sprang to mind as there's been a heavy focus on cryptonight-algo launches this year. End to end privacy and the right to remain anonymous is (in my humble opinion) going to be the next forefront requirement from cryptocurrencies, considering it'll be blowback from the overreaching regulation we're seeing right now. A Vcash-tech resurrection would be a welcome alternative from the proliferation of cryptonight coins. Vcash was an early branch off from the anon tech tree that sadly died a premature death from early whales who accumulated it and suppressed the price to get more; the dev couldn't realize the value he was building into the coin, in the marketplace by selling off what he mined himself.

Some projects get around this by paying themselves part of the premine or a hardcoded part of every block reward. If you can mine on your own alongside everyone else during a fair PoW launch that bodes best but it's extra effort and cost on the lead dev's part.

Thanks for sparking up the conversation as Bitcointalk has of late devolved into "here's translation give bounty" and "here's a pool". Nothing wrong with that but it's kind of the lowest level of engagement.

I agree with notsofast, Vcash was a very interesting privacy oriented tech that die unfortunatly. Imho there are very few alternatives being explored in the privacy centered crypto ( mostly Monero or Zcash variants ) and a ressurection of an alternative seems very interesting.

I'm not going to re-brand Mono as a resurrection of VCash, but I would be open to incorporating the technologies it used. Once all votes are complete I'll begin development and let you know how well I can integrate the code into a CryptoNote protocol based currency.
sr. member
Activity: 490
Merit: 264
| Privacy Advocate | Game Theory | Free Thinker |
Full on community-support projects like this are difficult to muster for. Especially in a crypto bear market where there's very little visible, immediate, guaranteed recouped value from participation.

As the leader, expect to bridge any and all gaps in development or decision, and it will be mostly gaps. Most everything will be centralized around you until decisive value is built into this project, visible in a healthy marketplace. That will take months.

If you can stay anon and offer ***anything*** cool and unique on your own, this project may have a long-term prospect.

IMHO, the first "best bet" development possibility that comes to my mind, is to present Mono as a Second Coming of John Connor's Vanillacoin/Vcash/VNL/XVC, including all previous innovations (Zerotime etc), updated to the latest Monero/Bitcoin libraries. Can you do this (or something like it) on your own for now, with help as interest grows?

That's a really great idea, and thanks a lot for the help.
I'd be open to bridging any gaps in development, that's what I meant by I'll be developing and want the project to grow on it's own, i'm not expecting immediate growth and actually expect it to take a few months before a solid community is formed.
I don't really want to present Mono as the second coming of anything right now, I want the community to help choose what features the coin should have, but yes, if there is nothing else to add implementing the features of Vcash shouldn't be too hard.

Cool. The reason I wanted to take the time and spell it out bluntly is I think you've put forth a design aesthetic I haven't seen yet, and that's something a lot of projects struggle with, even tokens that have raised multi-millions skimp on unity of design aesthetic. So if you have dev chops backing that up, excellent.

The Vcash ideal sprang to mind as there's been a heavy focus on cryptonight-algo launches this year. End to end privacy and the right to remain anonymous is (in my humble opinion) going to be the next forefront requirement from cryptocurrencies, considering it'll be blowback from the overreaching regulation we're seeing right now. A Vcash-tech resurrection would be a welcome alternative from the proliferation of cryptonight coins. Vcash was an early branch off from the anon tech tree that sadly died a premature death from early whales who accumulated it and suppressed the price to get more; the dev couldn't realize the value he was building into the coin, in the marketplace by selling off what he mined himself.

Some projects get around this by paying themselves part of the premine or a hardcoded part of every block reward. If you can mine on your own alongside everyone else during a fair PoW launch that bodes best but it's extra effort and cost on the lead dev's part.

Thanks for sparking up the conversation as Bitcointalk has of late devolved into "here's translation give bounty" and "here's a pool". Nothing wrong with that but it's kind of the lowest level of engagement.

I agree with notsofast, Vcash was a very interesting privacy oriented tech that die unfortunatly. Imho there are very few alternatives being explored in the privacy centered crypto ( mostly Monero or Zcash variants ) and a ressurection of an alternative seems very interesting.
copper member
Activity: 42
Merit: 10
CryptoNight seems like it has the overwhelming majority of votes, so I'll be closing the mining algorithm vote today at 8PM, when the new vote opens.
copper member
Activity: 42
Merit: 10
Off to bed now, thanks for all the replies to the thread. Vote at 8PM GMT today. Smiley
copper member
Activity: 42
Merit: 10
In case of request to new resources using the vote, for each resources will there be a minimum amount of Mono so that you can participate in the vote?

There is no minimum amount of Mono required to participate in community votes! Just using IP duplication prevention in Straw poll is fine for now. Smiley
Maybe later in the projects life cycle I'll try and develop a system to "vote" with Mono, but that isn't a primary goal at the moment.

I'm really interested

Thanks very much for your interest! Every community member is valued Smiley

Full on community-support projects like this are difficult to muster for. Especially in a crypto bear market where there's very little visible, immediate, guaranteed recouped value from participation.

As the leader, expect to bridge any and all gaps in development or decision, and it will be mostly gaps. Most everything will be centralized around you until decisive value is built into this project, visible in a healthy marketplace. That will take months.

If you can stay anon and offer ***anything*** cool and unique on your own, this project may have a long-term prospect.

IMHO, the first "best bet" development possibility that comes to my mind, is to present Mono as a Second Coming of John Connor's Vanillacoin/Vcash/VNL/XVC, including all previous innovations (Zerotime etc), updated to the latest Monero/Bitcoin libraries. Can you do this (or something like it) on your own for now, with help as interest grows?

That's a really great idea, and thanks a lot for the help.
I'd be open to bridging any gaps in development, that's what I meant by I'll be developing and want the project to grow on it's own, i'm not expecting immediate growth and actually expect it to take a few months before a solid community is formed.
I don't really want to present Mono as the second coming of anything right now, I want the community to help choose what features the coin should have, but yes, if there is nothing else to add implementing the features of Vcash shouldn't be too hard.

Cool. The reason I wanted to take the time and spell it out bluntly is I think you've put forth a design aesthetic I haven't seen yet, and that's something a lot of projects struggle with, even tokens that have raised multi-millions skimp on unity of design aesthetic. So if you have dev chops backing that up, excellent.

The Vcash ideal sprang to mind as there's been a heavy focus on cryptonight-algo launches this year. End to end privacy and the right to remain anonymous is (in my humble opinion) going to be the next forefront requirement from cryptocurrencies, considering it'll be blowback from the overreaching regulation we're seeing right now. A Vcash-tech resurrection would be a welcome alternative from the proliferation of cryptonight coins. Vcash was an early branch off from the anon tech tree that sadly died a premature death from early whales who accumulated it and suppressed the price to get more; the dev couldn't realize the value he was building into the coin, in the marketplace by selling off what he mined himself.

Some projects get around this by paying themselves part of the premine or a hardcoded part of every block reward. If you can mine on your own alongside everyone else during a fair PoW launch that bodes best but it's extra effort and cost on the lead dev's part.

Thanks for sparking up the conversation as Bitcointalk has of late devolved into "here's translation give bounty" and "here's a pool". Nothing wrong with that but it's kind of the lowest level of engagement.

I'll do some research into Vcash and see what technologies can be incorporated into Mono in the future.
And no worries, this is what I want the project to be! An actual discussion of what would make the perfect project with input from all members of the community.
As for start up mining and expenses, I'm hoping to have a very small premine and later fund development from donations through community members. Another idea was using a "developer" mining pool that some miners could use which gives 5% of everything mined to the development team (currently only me), which I think would be a fair way to allow users to choose whether they want to support the development of the coin a little or just mine it normally.
legendary
Activity: 1517
Merit: 1042
@notsofast
Full on community-support projects like this are difficult to muster for. Especially in a crypto bear market where there's very little visible, immediate, guaranteed recouped value from participation.

As the leader, expect to bridge any and all gaps in development or decision, and it will be mostly gaps. Most everything will be centralized around you until decisive value is built into this project, visible in a healthy marketplace. That will take months.

If you can stay anon and offer ***anything*** cool and unique on your own, this project may have a long-term prospect.

IMHO, the first "best bet" development possibility that comes to my mind, is to present Mono as a Second Coming of John Connor's Vanillacoin/Vcash/VNL/XVC, including all previous innovations (Zerotime etc), updated to the latest Monero/Bitcoin libraries. Can you do this (or something like it) on your own for now, with help as interest grows?

That's a really great idea, and thanks a lot for the help.
I'd be open to bridging any gaps in development, that's what I meant by I'll be developing and want the project to grow on it's own, i'm not expecting immediate growth and actually expect it to take a few months before a solid community is formed.
I don't really want to present Mono as the second coming of anything right now, I want the community to help choose what features the coin should have, but yes, if there is nothing else to add implementing the features of Vcash shouldn't be too hard.

Cool. The reason I wanted to take the time and spell it out bluntly is I think you've put forth a design aesthetic I haven't seen yet, and that's something a lot of projects struggle with, even tokens that have raised multi-millions skimp on unity of design aesthetic. So if you have dev chops backing that up, excellent.

The Vcash ideal sprang to mind as there's been a heavy focus on cryptonight-algo launches this year. End to end privacy and the right to remain anonymous is (in my humble opinion) going to be the next forefront requirement from cryptocurrencies, considering it'll be blowback from the overreaching regulation we're seeing right now. A Vcash-tech resurrection would be a welcome alternative from the proliferation of cryptonight coins. Vcash was an early branch off from the anon tech tree that sadly died a premature death from early whales who accumulated it and suppressed the price to get more; the dev couldn't realize the value he was building into the coin, in the marketplace by selling off what he mined himself.

Some projects get around this by paying themselves part of the premine or a hardcoded part of every block reward. If you can mine on your own alongside everyone else during a fair PoW launch that bodes best but it's extra effort and cost on the lead dev's part.

Thanks for sparking up the conversation as Bitcointalk has of late devolved into "here's translation give bounty" and "here's a pool". Nothing wrong with that but it's kind of the lowest level of engagement.
newbie
Activity: 26
Merit: 0
I'm really interested
full member
Activity: 784
Merit: 100
In case of request to new resources using the vote, for each resources will there be a minimum amount of Mono so that you can participate in the vote?
copper member
Activity: 42
Merit: 10
Since there's not that much voting going on, I'll leave the vote open for 24 hours and then the winner will be the vote with the majority of votes Smiley

The usual bottleneck of community voting, you need to entice as many users as you can to get at least a satisfactory results. Otherwise, you can come up with a decision that is really not the community's voice.

Yeah, I see what you mean. What would be some good ways to entice more votes?
I see how everyone would be involved in the mining phase and such but the pre-stage just needs more attention before it can really take off.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
Since there's not that much voting going on, I'll leave the vote open for 24 hours and then the winner will be the vote with the majority of votes Smiley

The usual bottleneck of community voting, you need to entice as many users as you can to get at least a satisfactory results. Otherwise, you can come up with a decision that is really not the community's voice.
copper member
Activity: 42
Merit: 10
I've had a lot of messages asking if this is an ICO.
It is NOT, it is a fair launch Proof of Work cryptocurrency!
copper member
Activity: 42
Merit: 10
Since there's not that much voting going on, I'll leave the vote open for 24 hours and then the winner will be the vote with the majority of votes Smiley
copper member
Activity: 42
Merit: 10
Please don't hesitate to vote Smiley
copper member
Activity: 42
Merit: 10
The vote for the mining algorithm is now open! Please vote at: https://www.strawpoll.me/17062519
copper member
Activity: 42
Merit: 10
Interesting, good work! Grin

Thanks for the support! The vote will open in 1 hour Smiley
copper member
Activity: 42
Merit: 10
eagerly waiting for voting to start today.
I think voting should not be limited to 24 hours, its bear market, so may be, have a minimum voting count of 100 before you close it. otherwise it will be like 10-20 people will be deciding what should happen here
That is actually a much smarter idea, thank you!
I will change the post so that voting won't end until 100 votes are hit! Thanks a lot.
full member
Activity: 893
Merit: 135
Bitcoin is not a currency or asset. Its a MOVEMENT
eagerly waiting for voting to start today.
I think voting should not be limited to 24 hours, its bear market, so may be, have a minimum voting count of 100 before you close it. otherwise it will be like 10-20 people will be deciding what should happen here
copper member
Activity: 42
Merit: 10
I'm heading off to bed now, I will answer anymore questions in the morning. Thanks!
copper member
Activity: 42
Merit: 10
we need a discord channel.


Discord channel will be opened once the project garners a bit of attention, since I'm relying on replies to keep this topic bumped up.
newbie
Activity: 12
Merit: 0
we need a discord channel.
copper member
Activity: 42
Merit: 10
Any private inquires can be made to my email at: [email protected]
copper member
Activity: 42
Merit: 10
Hi!


pool.rig.tokyo will support you!

Thank you!

res for pool


You don't have to reserve, don't worry.
newbie
Activity: 155
Merit: 0
Hi!


pool.rig.tokyo will support you!
newbie
Activity: 50
Merit: 0
copper member
Activity: 42
Merit: 10
Full on community-support projects like this are difficult to muster for. Especially in a crypto bear market where there's very little visible, immediate, guaranteed recouped value from participation.

As the leader, expect to bridge any and all gaps in development or decision, and it will be mostly gaps. Most everything will be centralized around you until decisive value is built into this project, visible in a healthy marketplace. That will take months.

If you can stay anon and offer ***anything*** cool and unique on your own, this project may have a long-term prospect.

IMHO, the first "best bet" development possibility that comes to my mind, is to present Mono as a Second Coming of John Connor's Vanillacoin/Vcash/VNL/XVC, including all previous innovations (Zerotime etc), updated to the latest Monero/Bitcoin libraries. Can you do this (or something like it) on your own for now, with help as interest grows?

That's a really great idea, and thanks a lot for the help.
I'd be open to bridging any gaps in development, that's what I meant by I'll be developing and want the project to grow on it's own, i'm not expecting immediate growth and actually expect it to take a few months before a solid community is formed.
I don't really want to present Mono as the second coming of anything right now, I want the community to help choose what features the coin should have, but yes, if there is nothing else to add implementing the features of Vcash shouldn't be too hard.
legendary
Activity: 1517
Merit: 1042
@notsofast
Full on community-support projects like this are difficult to muster for. Especially in a crypto bear market where there's very little visible, immediate, guaranteed recouped value from participation.

As the leader, expect to bridge any and all gaps in development or decision, and it will be mostly gaps. Most everything will be centralized around you until decisive value is built into this project, visible in a healthy marketplace. That will take months.

If you can stay anon and offer ***anything*** cool and unique on your own, this project may have a long-term prospect.

IMHO, the first "best bet" development possibility that comes to my mind, is to present Mono as a Second Coming of John Connor's Vanillacoin/Vcash/VNL/XVC, including all previous innovations (Zerotime etc), updated to the latest Monero/Bitcoin libraries. Can you do this (or something like it) on your own for now, with help as interest grows?
copper member
Activity: 42
Merit: 10
Pool res

You don't have to reserve! Just make a pool and post the link to it on here, and I will add it to the list of pools when the project is released! Smiley
copper member
Activity: 42
Merit: 10
The hurdle of being dependent to the community is the decision making process. Voting will only be successful if the community supporting it is active so you can reach a consensus faster. How will you gonna say that this number of individuals is already enough to make a decision for your project?

It hasn't yet. That's why I posted this pre-announcement. To garner enough attention and form a community!
Even if there's barely anyone in the community, the voting system will still work! It will just have less people voting on each feature, since I guarantee at least a few dozen people will always be voting!
sr. member
Activity: 1988
Merit: 275
The hurdle of being dependent to the community is the decision making process. Voting will only be successful if the community supporting it is active so you can reach a consensus faster. How will you gonna say that this number of individuals is already enough to make a decision for your project?
copper member
Activity: 127
Merit: 1
copper member
Activity: 42
Merit: 10
I have added my twitter page to the post, find it at: https://twitter.com/mono_mossj
copper member
Activity: 42
Merit: 10
do you  need a pool on launch Let us know Smiley

Feel free! It would help tremendously.
sr. member
Activity: 515
Merit: 250
do you  need a pool on launch Let us know Smiley
copper member
Activity: 42
Merit: 10
Need pool?
Pool?

Every pool owner is appreciated as they allow for more decentralized mining, thanks for the offer! You are very much welcome to create your own pool once the project has launched!

acpool.pro will be support Mono after launch

Thank you, your support means a lot!

RESERVED for Russian translation
My portfolio
PM  If you need Russian translation

Thank you, once the project gets off the ground and a community starts forming, you are welcome to post a Russian translation!

seems nice waiting

Glad to have you on board, please feel free to vote for new features and such when the votes are out!
jr. member
Activity: 462
Merit: 1
RESERVED for Russian translation
My portfolio
PM  If you need Russian translation
newbie
Activity: 3
Merit: 0
newbie
Activity: 3
Merit: 0
copper member
Activity: 42
Merit: 10
------------------------------------------------------------------------------------------------
USING COMMUNITY VOTES TO BUILD A PROOF OF WORK BASED CURRENCY
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~ LAUNCH DATE: 2019 ~

------------------------------------------------------------------------------------------------
WHAT IS MONO?
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Mono is a blank canvas, with every aspect of the final product sculpted by the community.
It is a crypto-currency project based on an undecided proof of work algorithm, secured by the CryptoNote protocol.
This allows it to remain completely anonymous and private, utilizing ring-signatures to prevent transaction identification.
Mono is built ground-up by the community, with each person being able to vote on what features they'd like.

------------------------------------------------------------------------------------------------
HOW DO WE CONTROL MONO?
------------------------------------------------------------------------------------------------
Each feature of Mono will be decided by the community using a voting platform, each vote will start at 8PM GMT, and last for 24 hours.
Mandatory features will have a non-unanimous decision threshold, with the winner being the feature with over 50% of the votes.
Non-mandatory features will have a near unanimous decision threshold, with the winner being the feature with over 80% of the votes.
I'd like this project to take on a life of it's own, so even if I were to disappear it could still be developed and carried on by the community many years later.

------------------------------------------------------------------------------------------------
CORE PRINCIPLES OF MONO
------------------------------------------------------------------------------------------------
Although each feature is decided by the community, I want to lay out the foundations of this project as lead developer.

~ FUNDING FOR THE PROJECT WILL BE RAISED THROUGH DONATIONS ~
No ICOs, nothing fishy. If the community allows it, a small premine to get things kicked off as well. The latter isn't mandatory though.

~ CRYPTONOTE WILL PROVIDE THE NETWORK PROTOCOL ~
CryptoNote provides an entirely private and secure network protocol that allows all transaction to be anonymous, free from third party investigation or interference.

~ FOCUSED ON DECENTRALIZATION ~
I'd like to ensure that when the project is alive and running, that there is no mining pool with over 30% of the hash power of the network.
I know this can be hard to achieve, but I'd like every mining pool to have a fair chance and for miners to switch pools if they see the one they are using is growing too big.

~ COMMUNITY BASED DEVELOPMENT ~
I want this project to come alive, with an active user base that helps to support one another and develop this project into a great one.
This means that decentralized development is a real core here, and I want to community to praise anyone who votes on new features, suggests ideas, or even better, develops to program themselves.
The end goal is to have a large network of developers and a dedicated community all working together to create this project, I'll just light the fuse!

------------------------------------------------------------------------------------------------
VOTING
------------------------------------------------------------------------------------------------
Each vote will last a minimum of 24 hours or until 100 votes are reached, and open at 8PM GMT on the scheduled day.

- MINING ALGORITHM -
Voting has ended, the mining algorithm will be CryptoNight!
Voting ended on 103 votes, with CryptoNight holding the majority with 47 votes.

- TOTAL SUPPLY -
Voting has ended, the total supply will be 100 million coins.
Voting ended on 56 votes, with 100 million holding the majority with 16 votes.

- EMISSION RATE -
Voting has ended, the emission rate will be 15% of coins in the first year, using the standard CryptoNote emission formula.
Voting ended on 37 votes, with 15% holding the majority at 13 votes.

- AVERAGE BLOCK TIME -
Voting has ended, the average block time will be 1 minute.
Voting ended on 37 votes, with 1 minute holding the majority at 21 votes.

------------------------------------------------------------------------------------------------
ROADMAP
------------------------------------------------------------------------------------------------
The community can suggest features that will be added to the roadmap!

The project has only just begun so there aren't any pending features yet!

------------------------------------------------------------------------------------------------
COMMUNICATION CHANNELS
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~MY TWITTER~

I'd like this forum post to be the main point of communication for the community, since it'll keep the thread active to expose new users to it!
When the project grows larger in size, a Slack or Discord channel will be created for more in-depth community discussions!
An official twitter page for the project will also be made when the community grows in size to keep users updated with announcements for the project.
If there is large demand for any other communication channels and I'm not able to make them I encourage anyone who's involved with the project to create that channel!

Please ask any questions or begin any discussions in this forum post, I'd be happy to answer any questions.
Remember, anyone who gets involved in the community has as much right to add new features and develop the coin as they wish as another, that's the beauty of open source!
The community will decide the outcome of this project! Thanks for reading, I'll be updating this post shortly.

Any private questions can be addressed to: [email protected]
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