[ANN] MandarinCoin | 18 Hrs Til Launch!
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4 Years of Service
04-01-2014, 03:28 AM
Financial Freedom For China
![[Image: ?u=http%3A%2F%2Fi.imgur.com%2F9a0qaHq.pn...C4eILjpnEw]](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2F9a0qaHq.png&t=538&c=b7daC4eILjpnEw)
website: MandarinCoin.org
Bitcointalk Announcement; https://bitcointalk.org/index.php?topic=552501.0
Mandarin Coin is arriving soon to provide a new innovative crypto currency for citizens of China. This new currency will bring confidence and belief back to the people of China so that they can continue to prosper in our so ever changing world. In the year of 2008 when the global recession occurred, China was one of the worst hit countries it was believed to have been caused by a combination of structural weaknesses of the China economy along with a many year long pre-existence of deficitits and debt.
So I feel China deserves something new something which will take China forward and give power back to the people of China.
A new open source peer to peer crypto currency which is not owned by Banks or governments but only citizens of China.
China currently has a population of about 1.4 billion people , Mandarin Coin will have a total supply of 3 billion coins which will have a 50% premine. The 50% Premine of 1.5 billion coins will be airdropped to China on April 14th each Chinese citizen will receive one mandarin. If all Mandarin Coins aren't claimed by a date (that will soon be determined) The remaining Mandarin Coins in the 50% premine will be distributed among the citizens that have already claimed their coins. So if only 1 million Chinese citizens register the remaining airdrop will be distributed among them.
Airdrop Method
The coins will be distributed to the citizens of china using the National Chinese ID database system. This system will allow us to confirm the ID of chinese citizens requesting Mandarin Coin and along with other implementations into the verification process the airdrop will flow almost seamlessly.
The airdrop of 50% will happen on April 14th Chinese Financial Independence day.
The chinese government has voiced plans to ban bitcoin on April 15th. As many of you know it is very hard to succesfully ban anything let alone a cryptocurrency. The launch and airdrop of Mandarin Coin will give the Chinese people a voice against the corruption that has caused the chinese government to even think of banning cryptocurrency. Mandarin Coin will give the citizens of china a chance to obtain financial freedom.
The remaining 50% of IndependenceCoins will be mined by Scrypt algorithm and below are the coin specifications.
Coin Specifications
MandarinCoin
Algorithm: Scrypt
Total Supply: 3 Billion
Block Target: 2.5 minutes
Block Reward: 1785
Blocks to Retarget: 2016
Block Reward Halves in: 840,000 Blocks
Premine: 50%
Why would I want MandarinCoin, I’m not from China?
MandarinCoin is an open source crypto currency which means its open to everyone. It’s targeted at China to provide China with a new alternative in order to help with its economic growth and to offer a new initiative currency which can also grow and adapt to our world.
Pool: Update at launch
Wallet: Update at launch
Source Update at launch
website: MandarinCoin.org
Bitcointalk Announcement; https://bitcointalk.org/index.php?topic=552501.0
Mandarin Coin is arriving soon to provide a new innovative crypto currency for citizens of China. This new currency will bring confidence and belief back to the people of China so that they can continue to prosper in our so ever changing world. In the year of 2008 when the global recession occurred, China was one of the worst hit countries it was believed to have been caused by a combination of structural weaknesses of the China economy along with a many year long pre-existence of deficitits and debt.
So I feel China deserves something new something which will take China forward and give power back to the people of China.
A new open source peer to peer crypto currency which is not owned by Banks or governments but only citizens of China.
China currently has a population of about 1.4 billion people , Mandarin Coin will have a total supply of 3 billion coins which will have a 50% premine. The 50% Premine of 1.5 billion coins will be airdropped to China on April 14th each Chinese citizen will receive one mandarin. If all Mandarin Coins aren't claimed by a date (that will soon be determined) The remaining Mandarin Coins in the 50% premine will be distributed among the citizens that have already claimed their coins. So if only 1 million Chinese citizens register the remaining airdrop will be distributed among them.
Airdrop Method
The coins will be distributed to the citizens of china using the National Chinese ID database system. This system will allow us to confirm the ID of chinese citizens requesting Mandarin Coin and along with other implementations into the verification process the airdrop will flow almost seamlessly.
The airdrop of 50% will happen on April 14th Chinese Financial Independence day.
The chinese government has voiced plans to ban bitcoin on April 15th. As many of you know it is very hard to succesfully ban anything let alone a cryptocurrency. The launch and airdrop of Mandarin Coin will give the Chinese people a voice against the corruption that has caused the chinese government to even think of banning cryptocurrency. Mandarin Coin will give the citizens of china a chance to obtain financial freedom.
The remaining 50% of IndependenceCoins will be mined by Scrypt algorithm and below are the coin specifications.
Coin Specifications
MandarinCoin
Algorithm: Scrypt
Total Supply: 3 Billion
Block Target: 2.5 minutes
Block Reward: 1785
Blocks to Retarget: 2016
Block Reward Halves in: 840,000 Blocks
Premine: 50%
Why would I want MandarinCoin, I’m not from China?
MandarinCoin is an open source crypto currency which means its open to everyone. It’s targeted at China to provide China with a new alternative in order to help with its economic growth and to offer a new initiative currency which can also grow and adapt to our world.
Pool: Update at launch
Wallet: Update at launch
Source Update at launch