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10k Coin Launch (Stress Test Blockchain) WALLETS LIVE

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Jan 19th, 2015
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  1. Hello everyone. I was on the fence whether or not to post this publicly, but after asking a few trusted friends, have decided to do an unconventional launch simultaneously on Pastebin and Twitter, rather than Bitcointalk
  2.  
  3. Future Update via -- http://www.twitter.com/PurePoS -- Twitter Updates
  4.  
  5. Please read through this carefully before participating. It may become worth something, or it may be useless. For our purposes, the results and performance of this network will be invaluable data we are never able to replicate on testnet
  6.  
  7. ----
  8.  
  9. 10k Coin
  10. If you mine, hold, stake, trade, or use this coin for any reason, you understand that things may get out of hand. All problems will be fixed as they come up, but bear in mind this is an extreme coin that may become unpredictable
  11.  
  12. The reason for this coin is for me to test the limitations of our hardware staking units for MMXIV and BALLS. The coin may, at any time, be hard forked. Amount of inputs matter on resources, so this is an essential public test that must be on its own fork. There will always be a 1 week notice of a hard fork should it be needed, unless an immediate threat arises
  13.  
  14.  
  15. Announcements
  16. Staking starts on January 20th
  17. Mining will continue until Block 100,000
  18.  
  19.  
  20. Mining
  21. 100,000 PoW Blocks
  22. Block Reward of 1 / 100000
  23. 1 coin total through mining
  24. SHA-256 Speed Mining Phase
  25. Estimated Mining Yield of 0.68
  26.  
  27.  
  28. Pools
  29. http://10k.pitythepool.com
  30.  
  31. PLEASE PUT UP MORE POOLS AND SPREAD THE HASHRATE
  32.  
  33.  
  34. Staking
  35. 10000% Yearly Stake
  36. 1 Hour Deposit Maturity
  37. Protocol will not switch
  38. Fast time between stakes
  39. Max coinage will be 16 days
  40. Six Decimals. Plan accordingly
  41.  
  42. Wallets
  43. Wallets are available and the network is now live
  44.  
  45. Windows: https://drive.google.com/file/d/0B9tCHKMNZjyYUXRFbHQ0Y0pqWXc
  46. Mac: https://drive.google.com/file/d/0B9tCHKMNZjyYVXRGSEIxaXVhZmM
  47. Source: https://github.com/iGotSpots/10k
  48.  
  49. ----
  50.  
  51. This is meant to be an extreme stress test and will be treated as seriously as possible for the needs of the dedicated hardware available. Not only are we testing the extremes of the staking units, but also pushing the limits of what a Proof of Stake coin can handle. Don't listen to either hype or fud; make your own decisions on whether this coin is worth the risk for you or not before contributing any time or resources to the network
  52.  
  53. Mining will follow the same difficulty adjustments BALLS had so don't whine about instamine. It is not possible
  54. Blocks 1-123 will be of high difficulty to avoid instamine and will then do a hard reset to speed up distribution
  55. BLOCKS WILL BE EXTREMELY FAST; THIS IS EXPECTED
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