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Topic: The UkraCoin Project is a free & voluntary, opt-in crypto-currency (Read 977 times)

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The UKRA COIN is being introduced to the Ukrainian population as secondary currency, UKRA Coin will be controlled by the People of Ukraine and Market trading to estimate the value of Ukra Coins. We hope with the easy mobile payment solution that will be introduced alongside the Ukra Coin that Ukra Coin will be a part of Ukrainian person day to day living opposed to having to carry the devalued Ukrainian GRVN.

The Ukra Coin will not be influenced by the national economy or banking system and most of all the Ukrainian financial deficit.

The UkraCoin Project is a free & voluntary, opt-in crypto-currency, available to anyone that is over 18 years of age and is a Ukrainian National within Ukraine.

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7 Billion Total UKRA Coin economy
2.8 billion Pre-Mined & Distributed
4.2 Billion Allocated for Network Mining
50 Ukra Distributed to Individuals
50 UKRA Distributed to Business's
Any unclaimed Ukra will be distributed to charities & Business start-ups or any other worthy cause found suitable
Bitcoin Key: Donations
1vbFm5pn4cinkvxzzYdMuUyphDEEvMDNk

Litecoin Key: Donations
Li4meGJzK9xyhE4CfZ6qTLYFGDMpw2rAqi

Ukra Coin is a Crypto coin designed to help boost the Ukrainian People economy as secondary currency and prepare the country for the future of commerce. Much like Aurora Coin of Iceland, Ukra Coin will be Pre-mine 40% of all coins to be distributed to all Ukrainian Citizens and businesses. In order to claim their Coins, the citizens will be required to submit their national ID. Coin distribution will be limited to a single Block per citizen or business amounting to 50 UKC (Ukracoin).
Key Facts
7,000,000,000 coins in total with 40% pre-mine (2,800,000,000 UKC pre-mined) difficulty retargeting to kick in after this pre-mine.
4,200,000,000 Coins available for general mining
Blocks to be 50 UKC each (173 blocks per hour, 4164 blocks per day) constant spaced over 50 years. This equates to about 8650 UKC per hour or 208200 per day.
Blocks will be spaced approximately 2.8 minutes apart. With the difficulty retargeting every hour.
SHA-256 based
Pre-mine Pool setup
Ukra Coin will be using Eloipool customised to work with UKC, and MPOS front end.
We will be recruiting miners to help with the Pre-Mine
They will be able to see how many UKRA they have pre-mined.
 The system will have withdrawals Disabled during the Pre-Mine period
 
Pre-mine loyalty program for the Miners that help with the Pre-Mine will be rewarded 0.1% of what they mined. Total of 2,800,000 Coins
In order to join the Pre-Mine Miners must agree to all terms including set rate set out in advance per UKC mined.

www.ukracoin.org
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