I am proud to announce New crypto-currency - CommunityCoin [COMM].
What is CommunityCoin?
COMMunity Coin is a Proof of Stake Coin. The initial distribution was made to qualified and experienced people in the crypto currency space. Around 800 million coins remain extant as at 21st April 2014, when the initial distribution finished.
Further distribution is made by means of gifts, bounties and trading in the usual way, and PoS (30% interest in the first year) blocks maintain the network.
BENEFITS
The COMMunity works together to increase the utility, and therefore value, by different enhancement/marketing/promotions, as well as technical ideas and progress . Everyone should have a part to play, and varying skills to bring to the table.
The advantage of distributing this way is that Founder Holders are generally experienced in the way CryptoCoins work, and will consequently contribute more to the COMMunity over time. The COMMunity understands that coins need to be given and earned in the widest possible way to improve adoption.
Proof of Stake is far less energy intensive than Proof of Work (the standard method of generating Cryptos up until now). Under the correct conditions, it creates a more secure network, less prone to attack, and as it matures, provides faster confirmations of transactions.
TECHNICAL SPECIFICS
Pure PoS Coin
- Block time : 60 seconds
- Difficulty retarget : every block
- 3 transaction confirmations
- 50 minted block confirmations
- PoS Minimum Coin Age 1 day
Variable interest , Stake (annualised rate):
Year-1: 30%
Year-2: 20%
Year-3: 10%
Year-4: 5%
Year-5: 2%
Year-6 onwards : 1% annual stake for maintenance.
RESOURCES ... Downloads and Explorers
Downloads: (Open SSL Heartbleed Fixed)
Windows Client 1.5
http://www.communitycoin.info/CommunityCoin15.zip
(1) Coin Control features
(2) Fixes by Adriano for blocking transactions from lost wallet
(3) Latest checkpoints
-Coin Control features allows you to control sending the coins with minimum coin-age, so to preserve maximum the pos generation.
This is how to use it: first you need to enable it, by going to Settings->Options click on "display" tab, then select "Display coin control features"
now under "Send coins" you see coin control features with "inputs..." you can select what coins you want to send. You can select based on addresses, etc.
To send the minimum coin-age coins, you can select "list mode", sort on "confirmations", and select those with low confirmations, these are the coins with less coin-age. Then you can send based on what you selected.
Source:
https://github.com/communitycoin/communitycoin (updated for 1.5 as well)
Mac OS X 1.3.0 needs update
http://www.mediafire.com/download/0ub57cz0...SX-v1.3.0.0.zip
� fixes the OpenSSL heartbleed bug
� implements latest commits
� features QR Code support
� built for OS X 10.6 -- 10.9
Linux
This a Linux wallet for x86_64 *Buntus [Ubuntu, Lubuntu, Xubuntu] and derivatives like Mint, Crunchbang Linux
https://mega.co.nz/#!RkQQgJRa!5Rcwi..._aDMwH6Z4M3YCBY
Block explorers
http://comm.coinexplorers.com
http://coinok.pw/explorer/comm/
Initial nodes:
CODE
addnode=5.250.177.28
addnode=95.80.58.15
addnode=87.211.164.253
addnode=188.18.29.203
addnode=5.67.71.132
addnode=85.25.201.132
Ports:Connection: 20801
RPC: 20802
Use COMM multi pool:1. Follow link
http://community.bitcoinland.org/multipool/2. Enter COMM wallet address > solve CAPTCHA > Submit
3. Receive BTC wallet address to use in cgminer/sgminer config
4. Miner's config line will be similar to these...
CGMinercgminer.exe --scrypt stratum+tcp://useast.wafflepool.com:3333 -u <
BTC wallet address you received in Step 3> -p d=1024
SGMinersgminer.exe -o stratum+tcp://useast.wafflepool.com:3333 -u <
BTC wallet address you received in Step 3> -p d=1024
5. Mine away!!! Your personal stats can be viewed @ wafflepool.com/miners by entering your BTC wallet address assigned in step 3.
SOCIALhttp://communitycointalk.com/ Forum
http://www.reddit.com/r/communitycoin/ Reddit
https://bitcointalk.org/index.php?topic=558319.0 Bitcointalk
Faucetshttp://coinok.pw/faucet/comm/http://communitycoin.cyanrainbow.com/http://community.bitcoinland.org/faucet/MARKETS and INFORMATIONBuy and Sellhttps://www.mintpal.com/market/COMM/BTChttps://bter.com/trade/COMM_BTChttps://poloniex.com/exchange/btc_commhttps://bittrex.com/Market/Index?MarketName=BTC-COMMhttps://www.allcrypt.com/market?id=434Price chartshttp://crypto-coins-table.com/coins/COMMhttp://crypto-prices.com/COMMPaper wallethttp://coinok.pw/wallet/commOfficial Website:
http://www.communitycoin.info (under development)
