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Author Topic: [ANN] First Equihash Green Pow&Pos cryptocurrency  (Read 789 times)

NielsB17

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[ANN] First Equihash Green Pow&Pos cryptocurrency
« on: February 23, 2018, 10:30:29 AM »


THE FIRST HYBRYD poW&poS Equihash Coin

Blockchains evolves, the cryptocurrencies multiply, but it’s still an area reserved for experts only; ordinary people are in fact still excluded from this revolution, even though they will eventually be forced to adapt and bear the consequences. People all over the world ignore the fact that cryptocoins are created by mining, and the happenings of this process are totally unknown to most.

CNT Future was born to make the complexity of blockchain available to anyone, thus democratising the access to this technology and making it green, starting from the mining process (1) which requires a lot of expertise, a lot of time and plenty of electricity, integrating it with an equivalent act that doesn’t require great skills, time or energy , detecting human energy through a downloadable app for any smartphone or tablet. Coins are therefore assigned depending on total human energy and personal human energy shares. Save Energy, improve Health, activate Charity.  Meet CNT FUTURE.


 



You are joining a crypto currency project that replaces the energy consumption needed to create crypto currencies, with physical activity and kinetic energy. You Contribute to saving energy by supporting the environment with a daily habit. All medical studies agrees that physical activity is the basis for the prevention of any disease. Cnt Future combines these two concepts, allowing anyone to receive cryptocurrency, according to the steps and physical daily activity.
 


 


EQUIHASH +PoP

Equihash is a memory-oriented Proof-of-Work, which means how much mining you can do is mostly determined by how much RAM you have.
Equihash is a memory-hard problem, more suited to general-purpose computers with lots of memory than to special hardware chips. “If 10,000 miners with a single PC were active, in CNT FUTURE  the investment to compete with them would be 10,000 times the price of a PC, while with Bitcoin, or most of other altcoins  the investment would be significantly smaller.

CNT Future also uses a special algorithm that penalize miners when total mining power increases to support the decentralization



CNT FUTURE DETAILS PROGRAM


“CNT Future was born with the goal of engaging a large number of people that would become owners, using common professional tools, such as mining, with a democratic system and suitable to anyone without the need to use powerful hardware, as well as using the human energy gained from walking as a system to reward the users through an app.

The more people walk and the more they do it, the more convertible cryptocoins are distributed. Other CNT Future applications, always aimed at an ordinary audience, are focused on generating automatic resources related to transactions, in order to support qualified projects of non-profit organisations.
Others reward users in different ways. The goal is to bring people into the world of blockchain indirectly (walking) and then providing a wide range of possibilities to those who wish to continue. This is a vast socially focused movement aimed at ordinary people (but not speculators), the environment, the less fortunate, and especially at kids at children, who represent the future.

For a mission aimed at a potentially large audience, the production of the currency expects about 1 billion coins, suitable to support all the initiatives (see Technical Summary — Protocol).

CNT Future is a public currency and as such it’s naturally mineable with specialised IT systems that consume energy; in line with its mission, it progressively penalizes miners based on the energy they consume..



CNT Future for common people, far from speculators and large accumulators.

The growing diffusion of ICOs (Initial Coin Offer) is consolidating a different mode to assign cryptocurrencies in early stage projects compared to traditional mining that requires ever greater amounts of energy and consequent concentration of capitals within more limited number of subjects that can afford the costs. ICOs break this vicious spiral by initially allocating coins without traditional mining and therefore without energy consumption.

CNT Future does much more; Makes it accessible to anybody (just own a smartphone) and provide cryptocurrencies free from the economic aspect (the ICOs require a payment of a price to get the coins) through the surreptitious link with the physical activity that is known to be the basis for the prevention of any disease.



Proof of Work (POW)

Though the mission is focused on saving energy, CTN Future, as a public cryptocurrency, is mineable by anyone; however, it can penalize the complex structures of miners, diminishing the results in relation to the dedicated power.

CNT Future, using the Equihash algorithm, favours reduced power hardwares and it allows any individual miner to create coins.

Power Opportunity Penalization ( POP)

One special algorithm,progressively reduce democratically daily mineabile coins depending on total hashpower.

Proof of Stake (POS)

CNT Future uses an innovative rewards system with 5 levels for POS for users and different degrees of remuneration. It starts from a fixed rate of 3% and it increases by levels that reach rates of up to 15% per annum. 


Available Miners

CNT Future has developed an Equihash miner that works with its special protocol. Regular nqequihash miner doesn’t work with our protocol. Miners are available for Windows, Linux and exceptionally for Mac without users “headache”. Users can download miners from the website www.cntfuture.org   




  Green Proof of Walk (Powk) Patent Pending

It’s an innovative ( Us patent pending 15/830,661 available on uspto.gov office for public inspection after 18 months from the deposit) indirect alocating system that assigns cryptocurrencies based on the physical activity of users. It works with APPS developed by third parties that allows to count steps and measure physical performance thanks to special algorithms. The healthier the lifestyle of users, the more coins will be assigned to the App users.

Rewards are distribute exactly like with real mining. Every 10 minutes the total coin numbers per block are divided for total human power and multiplied for each share. In this way there's a total decentralization of the currency.

With this revolutionary App, we launch the new era of “mining for performance”, an indirect system useful to assign cryptocoins democratically and fairly, based on specific actions that will no longer be able to suffer from attacks of indiscriminate power as it happens in the unregulated markets of today.
The App also includes an internal messaging system and geolocation useful to locate and meet users in your area.



CHARITY

CAD (Charity Automatic Donation)

It’s a system that entails a variable minimum fee that flows directly into the wallet of a humanitarian organisation in collaboration with the project. In this way and without exceptions, CNT Future donates a small fee for every single transaction that takes place.   [/size]

EXTRA OPPORTUNITIES

  ADDITIONAL GREEN PROJECTS

Within the total cost of cryptocurrencies, about 100 millions are set aside for the development of a project that is yet to be defined. These coins will remain allocated until the start of the new project.

BOUNTIES

CNT Future calls for the use of bounties for actions, currently unplanned, which would allow to speed up the development or the dissemination of the project.


INTERNATIONAL TEAM

"Our Team is composed by international devs and helpers from Belarus, Russia, Ukraine, Uk, Israel, Usa,  that contributed to create this project with a new technology behind. Cnt Future has a young dynamic team composed by Devs, mathematic experts, inventors, and high qualified talents that at the right time in the right place, will be introduced to the world.




Algorithm: EQUIHASH

Mining: Proof of Work (PoW) / 3-15% Proof of Stake (PoS)
Decentralization Support ALgo: (Pop) Power Penalization Opportunity
Automatic Rewards: Indirect rewards (PoWk) blocks 10 minutes for human power

RPC port: 5555

P2P port: 5556

Block Time: 1 minute

Block Size: 2 MB

Source Code: https://github.com/centurioncoin/centurion

Official Pool: http://www.centurionpool.com/
                                                                                                                                                                                                                                                                                                                                                                     
- RPC port: 5555 / P2P port: 5556
- 1 Minute Blocks
- Block Size 2Mb
- Pos-rewards for 5 user levels :
- 0-499.999:  3% yearly
- 499.000-999.000: 5% yearly
- 1.000.000-2.999.999: 7% yearly
- 3.000.000-6.999.999: 10% yearly
>7.000.000: 15% yearly
- Reward Schedule:
0-50.000.000 – 100 cntf per block
50.000.001-75.000.000 - minus 25% - 75cnt per block
75.000.001-125.000.000 - minus 43.75% - 56,25 cntf per block
Others to come
- Total Coin production 1 Billion*
- Available spending Coins= 500 millions
- Pow mining: 300.000.000
- Powk Green indirect rewards: 170.000.000
-Bounties, social media, adv, websites: 15.000.000 
- Founders Devs: 15.000.000

Centurion is already available in some exchange platforms.

For more information, visit: http://www.cntfuture.org/





Coinexchange: https://www.coinexchange.io/market/CNTF/BTC
Crex24: https://crex24.com/exchange/CNTF-BTC
 Excambiorex: https://bit.excambiorex.com

visit our pool: www.centurionpool.com[/b]
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Ruby

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Re: [ANN] First Equihash Green Pow&Pos cryptocurrency
« Reply #1 on: February 24, 2018, 05:01:40 PM »

NielsB17

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Re: [ANN] First Equihash Green Pow&Pos cryptocurrency
« Reply #2 on: February 27, 2018, 10:35:50 AM »
Man, we have nothing to do with them.

Our currency is a fork of another coin.

Our technology is using one App rewarding users with token transforming their kinetic energy in a similar mining operation and rewarding for their physical activity.

Cntf is the only hybrid Equihash poW&Pos  cryptocurrency available on the market and we went with no Ico.
« Last Edit: February 27, 2018, 10:39:32 AM by NielsB17 »

 

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