Love Bittrex? Well you can now trade Netcoin on the BTC market! Big thanks to the guys over at Bittrex.com!
Netcoin started out it's life as a POW (proof of work) only currency, we found this had it's limitations and wanted to improve it's viability and security. To achieve this we have incorporated POS (proof of stake), but not any old POS as you will soon find out!
Most POS coins today offer a set percentage rate, we wanted to do something different! We took a long time thinking and discussing how we could go about doing just that. What we came up with may change POS forever!
PIR (Personal Investment Rate) is very simple, the more you stake (hold coins in your wallet) the higher the percentage reward you will receive! To our knowledge there is no other coin offering this today. Why did we do it? Well allow us to explain.
PIR is a way to encourage adoption and increase the urge to buy more Netcoins because PIR makes it always beneficial to own and hold more Netcoins! It is also a way to reward the people that take the greater risks, we all know how volatile cryptocurrencies can be, so the more you have, the greater the risk you take, we believe you should be rewarded for that and PIR helps to mitigate that risk.
OWI (Open Wallet Incentive) is a new take on POSV, other cryptocurrencies have taken this route, but we developed our own take on it independent of the other options out there. As a result ours is a little different.
With all other OWI concepts that we know of, if you do not stake after a certain period your reward merely stops growing, which is fine. But we wanted people to have greater encouragement to help secure the NETwork by giving them a large incentive to keep their wallets open and staking.
So with OWI the reward not only stops but each day after the 30 day period the reward declines a tiny bit day by day. We believe this is the best way to reward those that are helping to secure the NETwork by staking at least once a month.
As a non-political online money, Netcoin is backed exclusively by code. This means that—ultimately—it is only as good as its software design. By funding the Netcoin infrastructure, including a core development team, we can make Netcoin more respected, trusted and useful to people worldwide.
Cryptography is the key to Netcoin’s success. It’s the reason that no one can double spend, counterfeit or steal Netcoins. If Netcoin is to be a viable money for both current users and future adopters, we need to maintain, improve and legally protect the integrity of the protocol.
In the context of public misunderstandings, misinterpretations and misrepresentations, Netcoin needs to be clearer about its purpose and technology. Allowing the community to speak through a single source will enable Netcoin to improve its reputation.
What makes Netcoin so great is that within just a few short months, it has gone from being unknown to having hundreds of active users following, mining, trading and using the coin. We recommend the official foundation forum, if you need any help at all. (Doesn't even have to be netcoin-related)
Love Bittrex? Well you can now trade Netcoin on the BTC market! Big thanks to the guys over at Bittrex.com!
Big thank you to bter for adding us to the BTC market! Netcoin is now available to trade as NET/BTC, NET/LTC and NET/CNY! All at bter.com!
After the release of the Development website we were flooded with donations from the great Netcoin community, thanks so much to everyone that donated! We can't wait to get to work on the Android App.
We made a great start on Netcoins NEW wallet, but we are not done yet, recently added the POW statistics to the overview page and Block Explorer on the services tab! Grab yours today!
A big thank you goes to Jim Blasko the lead UNB developer for adding us to his great auction site, you can find it here, now accepting Netcoin.
The Netcoin team and community decided Netcoin needed to up it's game and so we developed and new kind of stake we like to call PIR or Personal Investment Rate. It's simple, the more you stake the higher percent reward you receive!
The Netcoin development team decided to push Netcoin to greater heights, so we created a website to encourage further development. http://development.netcoinfoundation.org/
A big thank you to Aaron Wu for translating the site to chinese so that his countrymen can enjoy Netcoin even more! Aaron Wu is the latest member of the Netcoin Foundation. He will be leading the way in china.
There are now even more places for you to use your Netcoins! Big thanks to The Staking Machine, Picca, Revolutionary Supplies, CoinRush, Alpen Power Pro, and Briehost. We'll keep pushing for more places to accept this great digital currency!
Another place to trade Netcoins, thanks to usecryptos.com. Choice is indeed a great thing.
If you are on a windows operating system it has never been easier to install Netcoin thanks to the Windows Installer, you can find the link in the wallet section of this page. It will install the wallet and create a shorstcut for you. :)
Unfortunately multipools began to cause Netcoin a bit of a problem and became disruptive, so to help protect the coin and our dedicated miners we have installed Kimoto Garvity Well.
Come and join other Netheads on the Netcoin National Lottery. It is a very simple program right now and I kept the stakes low to keep it fun for everyone. But we plan to add more to it as we go! ;)
You can now trade your Netcoins on yet another exchange as bter.com has added us to their LTC and CNY markets.
What a great Christmas present for the Netcoin community, Netcoins can now be bought on any of the 3 markets at cryptsy.com. Netcoin is the first crypto currency to have this honour and we thank the guys over at Cryptsy.
Come have some fun with your Netcoins at the all new ecasino.io, Play Black Jack, poker and more! .
Netcoin Foundation wants you to have every option to buy and trade Netcoins and now you can thanks to coins-e adding us to the BTC market. Happy trading.
The forum has been going so well that "Meee" proposed we form a Netcoin Foundation. Everyone happily agreed and were proud to join. The Netcoin Foundation aims to make Netcoin the greatest crypto currency to date. It is formed of 12 people with varying skill sets all eager to get to work.
Not happy with our original blue Netcoin logo we had Joe Jones, world renown artist, to make us the most beautiful logo of any crypto currency. I'm sure you will all agree that it is absolutely stunning.
Netcoin Founder "Meee" decided that we should spread our wings and open up our very own forum at forum.netcoinfoundation.org. Many great features have been added such as a posting rewards, so now you can get Netcoins for simply discussing this great new digital currency. There is also a bank and stock market game installed. Come along and join us today.
After a week of trading on the XPM market Cryptsy.com moved Netcoin up to the LTC market due to the high demand. A great day for Netcoin.
Only a month after Netcoins launch it has been added to one of the largest Crypto Currency exchanges, Cryptsy.com. It is currently traded against XPM.
The first week of Netcoin had a bounty week which was aimed at encouraging early adoption. The release took place on cryptocointalk. It has since gone from strength to strength.
BITEZZE
Games and real life metal-merchantTRADE 4 BITCOIN
Buy Comics, art and collectiblesGRKREATIONS DIRECT
Cardboard, dry erase, plastic and wood product shopRETRO TOWERS
Buy retro console games onlineWATER I DO
Get healthy waterTUFF WRAPS
A new style wrist wrap shopBeaverCoin
Come try your luck on the best crypto casinos rated by BeaverCoinWROL
Survival goods store accepting Netcoin, get your gear now!The Songs of Love Foundation
Donate to a great cause today with your Netcoins.Mid.Bet
Bet your cryptocurrencies on sports, e-sports and other betting events.Picca
Buy anything online with Netcoins!.Revolutionary Supplies
Buy healthfoods and more with Netcoins.Alpen Power Pro
Buy solar chargers with Netcoins.breihost
Buy hosting with Netcoins.Amazonia Imports
Buy pipes with Netcoin.Central European Servers
Get dedicated servers online with Netcoin.RWL-ltd
Have your garden transformed by a professional landscaper.Above All House Plans
Looking to build your dream home?Azarius
Stock up on all your herbal needs.BTCintro
Put your website business and social media pages in the spotlight.Build Your VPS
Build the exact VPS you need.CESHEO
CAMBODIA ENGLISH SCHOOL OF HIGHER EDUCATION ORGANISATION, CESHEO is a free school and relies on donations to keep afloat. Donations supply students with books, pens, and electricity and much more.Essential Oils
Pure undiluted top-quality organic therapeutic grade oil blends.Gekkotel Hotel Quest
Join our eco-travel community and preserve your place to stay.Get Prypto
BTC giftcards, scratch off cards.Influx Strategies
BTC giftcards, scratch off cards.Meplus1
Music for your ears.oVPN
Anonymous VPN and Proxy Service.proxy
Proxy.sh delivers state-of-the-art security and encryption services to protect and guarantee your privacy.YOU?
Are you our new partner, who'll beIf you do not do the above you are in breach of this contract and must thereby give over ALL your Netcoins immediately to the development team. Thank you and always enjoy, these lovely lovely coins. (Should we add this to the bullet points? No I think it's okay).
*Subject to change at any time!
Here you can send us a mail, regarding anything Netcoin related. Do you want to become a Netcoin Foundation partner? Maybe even a member?
Maybe you want to know more about the whole process of online currencies? Or do you want to otherwise promote the Netcoin?
Well contact us with anything you like, and we'll be sure to answer.