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Topic: Re: [ANN][DRA][Bitdrachma] X11 | POW + POS | ICO| - page 2. (Read 1611 times)

legendary
Activity: 1974
Merit: 1157
MAaaN...!! CUT THAT STUPID SHIT
i'm familiar with username OP  Grin
newbie
Activity: 48
Merit: 0
Do you have a roadmap? Who's the escrow?
member
Activity: 61
Merit: 10
I dont think a ico is going to work once a coin is already distributed because people can always sell under the ico price on the exchanges. What do you plan on doing to get around this?
hero member
Activity: 574
Merit: 500

Bitdrachma [DRA](₯)

The coin is already launched, this is a new post for the upgrade

From the cryptocurrency that will save the environment to the ones that will cure cancer (Huh) the true vision was lost.
The vision was creating a true anonymous and decentralized currency, a currency that can be used in every day's
transactions and not just to be mined and immediately sold for bitcoin.

Bitdrachma is a fast, safe and decentralized P2P crypto currency with a true decentralized anonymity resource,
Bitdrachma source includes zerocoin library for native zerocash protocol support.

Bitdrachma is peer-to-peer electronic cash system that uses Blockchain technology based on Bitcoin to create consensus
among the the network. The protocol has an internal currency called bitdrachma DRA (₯) that incentives miners to confirm
transactions and help secure the network.

Bitdrachma uses a blockchain security system called proof-of-stake to prevent double spending and solve the Greek
Generals problem. All the coins were fairly distributed using an asic resistant proof-of-work system with the X11 algorithm.

Proof of stake (5% annually) will start almost immediately as an incentive to keep the bitdrachmas in your wallet to grow as an investment



Algorithm: X11 | proof-of-work + proof-of-stake
Total coins: 10 Million
Block time: 60 seeconds
Difficulty retarget: every block
Block Reward: 2 DRA ₯
Daily blocks: 1440 block (2880 DRA ₯)
Min transaction fee: 0.00001 DRA ₯ (Fees are paid to miners)
Nominal stake interest: 20% annually, starts immediately after confirmation.
Min stake age: 1 hour, no max age
Mined blocks: mature after 20 blocks
Transactions: confirmed after 10 blocks
P2P port: 16662
RPC port: 16661


The held BTC will only be released to the developer after DRA coins have been distributed, and there's an overall stability of the wallets, and blockchain. First 50% of fund wil be released max 48 hours after launch and coin delivery.

The remaining ICO money will be sent to DEV a week later after that it is impossible to revert.

Funds sent after the end of the ICO won't be elegible for claiming the DRA corresponding.

FEE: 5% of the total received on the escrow address, taken after the end of ICO

In case of launch success: I'll keep the entire fee
In case of launch fail: see refund terms

Steps for investing:

1) Send your investment to: 15Mp1aQwvG7xq3NYU4iq5HqD9nfZyUeZH6
2) PM me with the TXID:
3) After the wallet release ( Nov 30th 2016 @ 14.00 UTC), PM me with your DRA address
4) Wait 48h (generally much less) for the coins release








bitdrachma.conf
Code:
rpcuser=user
rpcpassword=pass
rpcallowip=127.0.0.1
port=16662
rpcport=16661
daemon=1
listen=1
server=1
addnode=173.254.235.9





Bounties:

Translations

Spanish Translation:  20 DRA
French Translation: 20 DRA
Chinese Translation:  20 DRA
Italian Translation:  20 DRA
Russian Translation: 20 DRA
Portuguese Translation: 20 DRA

Block Explorer  200 DRA

More updates soon

newbie
Activity: 15
Merit: 0

Bitdrachma [DRA](₯)

The coin is already launched, this is a new post for the upgrade

From the cryptocurrency that will save the environment to the ones that will cure cancer (Huh) the true vision was lost.
The vision was creating a true anonymous and decentralized currency, a currency that can be used in every day's
transactions and not just to be mined and immediately sold for bitcoin.

Bitdrachma is a fast, safe and decentralized P2P crypto currency with a true decentralized anonymity resource,
Bitdrachma source includes zerocoin library for native zerocash protocol support.

Bitdrachma is peer-to-peer electronic cash system that uses Blockchain technology based on Bitcoin to create consensus
among the the network. The protocol has an internal currency called bitdrachma DRA (₯) that incentives miners to confirm
transactions and help secure the network.

Bitdrachma uses a blockchain security system called proof-of-stake to prevent double spending and solve the Greek
Generals problem. All the coins were fairly distributed using an asic resistant proof-of-work system with the X11 algorithm.

Proof of stake (5% annually) will start almost immediately as an incentive to keep the bitdrachmas in your wallet to grow as an investment


Algorithm: X11 | proof-of-work + proof-of-stake
Total coins: 10 Million
Block time: 60 seeconds
Difficulty retarget: every block
Block Reward: 2 DRA ₯
Daily blocks: 1440 block (2880 DRA ₯)
Min transaction fee: 0.00001 DRA ₯ (Fees are paid to miners)
Nominal stake interest: 20% annually, starts immediately after confirmation.
Min stake age: 1 hour, no max age
Mined blocks: mature after 20 blocks
Transactions: confirmed after 10 blocks
P2P port: 16662
RPC port: 16661



The held BTC will only be released to the developer after DRA coins have been distributed, and there's an overall stability of the wallets, and blockchain. First 50% of fund wil be released max 48 hours after launch and coin delivery.

The remaining ICO money will be sent to DEV a week later after that it is impossible to revert.

Funds sent after the end of the ICO won't be elegible for claiming the DRA corresponding.

FEE: 5% of the total received on the escrow address, taken after the end of ICO

In case of launch success: I'll keep the entire fee
In case of launch fail: see refund terms

Escrow  
Max Kordek, Co-founder and CEO LISK Escrow Partnership Confirmation from Max
Aleksander Vasylchenko PhD, CTO Grid Singularity & Ex-CTO Mycelium Escrow Partnership Confirmation from Alexander

Steps for investing:

1) Send your investment to: 15Mp1aQwvG7xq3NYU4iq5HqD9nfZyUeZH6
2) PM me with the TXID:
3) After the wallet release ( Des 20th 2016 @ 14.00 UTC), PM me with your DRA address
4) Wait 48h (generally much less) for the coins release




bitdrachma.conf
Code:
rpcuser=user
rpcpassword=pass
rpcallowip=127.0.0.1
port=16662
rpcport=16661
daemon=1
listen=1
server=1
addnode=173.254.235.9




Bounties:

Translations

Spanish Translation:  20 DRA
French Translation: 20 DRA
Chinese Translation:  20 DRA
Italian Translation:  20 DRA
Russian Translation: 20 DRA
Portuguese Translation: 20 DRA

Block Explorer  200 DRA

More updates soon
Bitdrachma in the media:


     


 

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