johnny_non



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Sr. MemberActivity: 252Merit: 250 Re: Lovecoin Under New Management 100% Proof Of Stake May 19, 2014, 02:39:36 PM

Last edit: May 19, 2014, 02:59:42 PM by johnny_non #2 This project was abandoned by the original developer leaving IPO investors and miners holding the bag on a stuck blockchain

Yarkol and myself felt it more a noble deed to rescue this coin than start a new one. I have been a part of a few rescue efforts. I feel this is a much Better thing than trolling people over their losses. This coin was heavily Premined and had a large IPO. This project was taken on as a learning experience and to help relieve the losses those who invested both time and money. We will be as transparent as possible and hope to bring good things to the future of this coin and community that may grow around it...



johnny send your strays CAT: 9W4aXggw9bgraD88j77fZg7aT8Lnb4mkTw Everyone has a Dream: DKDB1yj2ohbakpQQvUZsCEWow6K2CDDggD

YarkoL



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LegendaryActivity: 997Merit: 1008 Re: Lovecoin Under New Management 100% Proof Of Stake at block 22068 May 19, 2014, 04:53:37 PM #15

For those of you who are meeting

LOVE for the very first time...





LoveCoin was originally Scrypt/PoS

(the last few pages of the original thread tell the whole drama), and

Scrypt mining is still possible for a

couple of days, and then Pure PoS will kick in.



We are currently around block 19806 and switch occurs at block

22068. The last block has a special reward.



What future will hold:



Our first priority is to get back on exchanges, we will very soon

have a better block explorer, faucets and contests.



The core idea is to present LOVE as a token of affection that can

be used at dating sites, in connection of giving

Valentine's / Mothers / Fathers day cards etc.



The next version 1.8 is already in preliminary planning stage.

LoveCoin will then implement a modified form of Proof-of-Transaction

introduced by Fluttercoin, unless we come up with something even

more exciting, but right now this is the direction that the tech development

is going.



In a nutshell, this is a resurrection of a rather plain altcoin that

nonetheless was aligned with a very nice, very positive theme, and

we have pledged to make it soar.



The Summer of Love has started!





LoveCoin was originally Scrypt/PoS(the last few pages of the original thread tell the whole drama), andScrypt mining is still possible for acouple of days, and then Pure PoS will kick in.We are currently around block 19806 and switch occurs at block22068. The last block has a special reward.Our first priority is to get back on exchanges, we will very soonhave a better block explorer, faucets and contests.The core idea is to present LOVE as a token of affection that canbe used at dating sites, in connection of givingValentine's / Mothers / Fathers day cards etc.The next version 1.8 is already in preliminary planning stage.LoveCoin will then implement a modified form of Proof-of-Transactionintroduced by Fluttercoin, unless we come up with something evenmore exciting, but right now this is the direction that the tech developmentis going. God does not play dice"

droopne



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NewbieActivity: 59Merit: 0 Re: Lovecoin Under New Management 100% Proof Of Stake May 19, 2014, 06:14:40 PM #18 Quote from: unent on May 19, 2014, 05:00:34 PM Quote from: johnny_non on May 19, 2014, 02:39:36 PM This coin was heavily Premined



What happened to the premine?



Does the old dev still hold a large amount of the premine?

What happened to the premine?Does the old dev still hold a large amount of the premine?

As far as I know the old Dev does still have some of the premine which wasent handed out and some of the IPO, more than likely it was sold when pollinex first put love up there.... The old devs an ass who left a nice coin to rott. We as a community are gonna revive this coin and yes the old Dev might make a little more off it if he's still holding but screw him this is a NEW lovecoin and as for the IPO holders they deserve a coin with a value anyway right?? As far as I know the old Dev does still have some of the premine which wasent handed out and some of the IPO, more than likely it was sold when pollinex first put love up there.... The old devs an ass who left a nice coin to rott. We as a community are gonna revive this coin and yes the old Dev might make a little more off it if he's still holding but screw him this is a NEW lovecoin and as for the IPO holders they deserve a coin with a value anyway right??