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Hero MemberActivity: 686Merit: 500 [ANN] [BARR] The Only Cryptocurrency earned 100% by Multi-Proof-of-Burn October 25, 2015, 12:22:16 AM

Last edit: September 07, 2019, 02:49:40 AM by BARR_Official #1



BARR - Burning Altcoins for Redemption & Reduction



Raising the BARR by Reducing Supply



The Only Source for BARR-Certified Altcoin Offset Credits



1st Coin using Multi-Proof-of-Burn



Launch date November 1, 2015



http://barrcoin.me



NXT Asset I.D. 7823929696462256005



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Burning Altcoins for Redemption and Reduction is a new cryptocurrency on the NXT Asset Exchange.





BARR is only earned via Proof-of-Burn, in exchange for altcoins which are permanently destroyed via burn addresses.

Our goal is to absorb entire altcoin networks and their users,

burning their coins,

redeeming those coins with BARR,

and reducing the total number of altcoins on the market.



Burning BARR for OFFS gives us a further purpose.

Please see







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Just as burning bitcoins makes all remaining bitcoins more valuable, burning entire altcoins will make all remaining cryptocurrencies more valuable.



We believe that the altcoin market is stuck in a fatal loop;

BARR is designed to disrupt that self-destructive cycle and eliminate resource-hogging redundancy.



As BARR absorbs more coins and more users, it will grow stronger as the crowd of altcoins grows weaker. Multi-Proof-of-Burn means the higher the price of BARR, the more altcoins we can afford to "buy out".



There will be no IPO, no ICO, no Pre-Sale, and no funds set aside for the devs. BARR is only distributed to people who burn their altcoins - We distribute it for free, but no one can get it for free.



We do not handle anyone's altcoins, because users send their coins directly to burn addresses and prove their burn by sending us the transaction ID. Then we send them an amount of BARR equivalent to the amount of altcoins they burned, at the predetermined rate of exchange.





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Full Transparency





See the list of our team members, and community representatives from our launch coins, at





Burn addresses for each altcoin we've burned can be found at







Although NXT Assets and the NXT Asset Exchange are decentralized,

it is not possible to fully run a project like BARR with the current state of decentralized technology.

Even if we coded all future altcoins for redemption into a client,

it would be necessary to make constant changes over the next few years as altcoins constantly get delisted or stop working.



At best we would have to hard-fork every month to set the current rate of exchange and make adjustments as to which coins will be accepted,

which amounts to the same thing as relying on developers at every stage.





So, until such time that the technology exists to run BARR as a fully decentralized project,

we will provide full transparency in every way possible.





Although there are limitations to the voting system at bitcointalk,

we will offer votes to decide which coins will be redeemed in future burn exchanges.

If less than 100 people participate in a vote,

or if the vote appears to be manipulated,

we may need to decide based on response from the BARR community and the communities of the altcoins we burn.





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PLEASE NOTE:



BARR does not burn or destroy other peoples coins; that would be impossible.

It is up to the holders of these coins to burn them, and only if they choose.



BARR is not an attack on you or other holders of your altcoin,

because only you and other holders of your altcoin can burn your coins.



The choice is yours,

and any holders who choose to participate in BARR redemption are voting with their coins when they send them to the burn address.





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Who benefits from BARR?

Holders of good coins, holders of bad coins, holders of struggling coins, and holders of BARR.





 Holders of good coins benefit when bad coins are destroyed, leaving more money on the market available for the good coins.



 Holders of bad coins benefit when they burn their coins in exchange for BARR, turning their liabilities into liquidity.



 Holders of BARR benefit when the market bands together against the never-ending plague of altcoins; buying BARR is a Vote of No Confidence in Altcoin Business As Usual.



 If BARR offers an exchange for a struggling altcoin and the altcoins supply is only partially destroyed, then that coin and BARR can both benefit. BARR can gain users and adopt the value of the absorbed coins which were burned, while the altcoin can continue with a higher value  no longer struggling, due to its reduced supply. In this case BARR has still served its purpose, transforming a bad coin into a good coin.





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Instead of adding another altcoin to the market, we're subtracting altcoins from the market.

BARR puts an end to pumping and dumping, because coins that no longer exist can never be dumped again.

If you think there are too many altcoins on the market, buy BARR and help destroy those coins.



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WALLETS







BARR coins are sent and received from your NXT wallet  if youve never used NXT before, just try it. We think youll be impressed.





To download the NXT client, visit



With the NXT client, you can send, receive, and trade, all inside the wallet interface.

That includes NXT, BARR, and any other NXT asset as well as any currency on the NXT Monetary System, such as Nautilus.





To use an online wallet, visit





Or to begin trading BARR instantly with a NXT passphrase, visit http://skynxt.github.io/www





To trade with NXT within the SuperNET Lite client:

https://nxtforum.org/lite-multigateway-releases/supernet-lite-v2-0-7-beta/





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There is no ICO, but we welcome community contributions in the following ways:



- - Buy the accepted altcoins on exchanges and burn them for BARR, or burn the altcoins you already have.

- - Buy BARR from people who have earned it by burning their altcoins.

- - Dump your altcoins into our buywalls, and we'll burn them.





We will attempt to provide buy support across all exchanges, hopefully with community help, to allow liquidity for these coinswaps. Whether your sell your altcoins to us on exchanges, or burn them and sell us your BARR, we want to take away the weight of that bag you've been holding.





IMPORTANT: Although the announcement of a BARR "buyout" has the potential to influence the market prices of these altcoins, please trade at your own risk and remember that our buywalls will disappear at the end of the burn period (if not before). You can continue to hold your altcoins, gambling on the chance that the price might rise, or you can take the guaranteed BARR and forget about those other coins forever.





BARR isn't about buying altcoins on exchanges, it's about redeeming people's altcoins when they burn them. When a coin hardforks to a new blockchain, the main holders of Altcoin2.0 are the people who were already holders of Altcoin1.0 - in the same way, the main holders of BARR will be the people who already mined and held these altcoins. The reason we plan to support the price of these altcoins with buywalls during swaps is to maintain the value of the BARR being exchanged for the altcoins. If the altcoins we're redeeming become available too cheap, then BARR becomes available too cheap. That would defeat the purpose of people swapping for BARR, since they need to swap for something of value.





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Multi-Proof-of-Burn as a long-term method of coin distribution



As the life of BARR develops, we hope to see the true benefits of the Multi-Proof-of-Burn innovation. The price of BARR acts as the "difficulty" in a unique way that has never been seen before:



At launch, you can earn 5,000 BARR for burning 10,000 KEY. But as BARR gains more users, the difficulty  the price  will hopefully rise. In the future, if BARR has a higher price, then burning 10,000 altcoins might only bring you 500 BARR. Or 50. Or 5. In this way we hope to have a curve of emission over time similar to a PoW coin with frequent block halvings, which could allow us to continue buying altcoins indefinitely as we approach the maximum supply without ever reaching it.



Visit



Total supply is set at 10 million BARR. All existing coins at launch must stay in the burnfund until exchanged for burned coins.





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Coins destroyed by BARR as of December 10, 2016:





FRAC  333,978 coins burned out of 1,003,589 = 33% of FRAC coin supply

KEY  285,067 coins burned out of 946,902 = 30% of KEY coin supply

XAI  336,561 coins burned out of 690,460 = 48% of XAI coin supply

LYB - 378,591 coins burned out of 985,344 = 38% of LYB coin supply

ACP - 1,135,048 coins burned out of 2,793,664 = 40% of ACP coin supply

UIS - 17,025,663 coins burned out of 36,874,815 = 46% of UIS coin supply

BUN - 11,120,369,000 coins burned out of 88,975,662,768 = 12.5% of BUN coin supply (excluding charity funds)

BSC - 2,079,346 coins burned out of 5,544,449 = 37.5% of BSC coin supply

CHC- 2,029,696 coins burned out of 11,387,208= 17.8% of CHC coin supply

XAP - 67,882 coins burned out of 269,477 = 25% of XAP coin supply

CAGE - 9,605,167,227 coins burned out of 93,796,631,167 ~ 10% of CAGE coin supply

BARR  305,356 coins burned out of 1,301,599 issued = 23% (self-burned BARR, sent back to the burnfund)

OFFS - 15,000 coins burned out of 295,305 issued = 5% (permanently destroyed)







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NXT Asset I.D. 7823929696462256005

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is a new cryptocurrency on the NXT Asset Exchange.BARR is only earned via Proof-of-Burn, in exchange for altcoins which are permanently destroyed via burn addresses.Our goal is to absorb entire altcoin networks and their users,burning their coins,redeeming those coins with BARR,and reducing the total number of altcoins on the market.Burning BARR for OFFS gives us a further purpose.Please see https://bitcointalk.org/index.php?topic=1233350 for details about OFFS.Just as burning bitcoins makes all remaining bitcoins more valuable, burning entire altcoins will make all remaining cryptocurrencies more valuable.We believe that the altcoin market is stuck in a fatal loop;BARR is designed to disrupt that self-destructive cycle and eliminate resource-hogging redundancy.As BARR absorbs more coins and more users, it will grow stronger as the crowd of altcoins grows weaker. Multi-Proof-of-Burn means the higher the price of BARR, the more altcoins we can afford to "buy out".There will be no IPO, no ICO, no Pre-Sale, and no funds set aside for the devs. BARR is only distributed to people who burn their altcoins - We distribute it for free, but no one can get it for free.We do not handle anyone's altcoins, because users send their coins directly to burn addresses and prove their burn by sending us the transaction ID. Then we send them an amount of BARR equivalent to the amount of altcoins they burned, at the predetermined rate of exchange.See the list of our team members, and community representatives from our launch coins, at http://barr.me/who Burn addresses for each altcoin we've burned can be found at http://barr.me/what Although NXT Assets and the NXT Asset Exchange are decentralized,it is not possible to fully run a project like BARR with the current state of decentralized technology.Even if we coded all future altcoins for redemption into a client,it would be necessary to make constant changes over the next few years as altcoins constantly get delisted or stop working.At best we would have to hard-fork every month to set the current rate of exchange and make adjustments as to which coins will be accepted,which amounts to the same thing as relying on developers at every stage.So, until such time that the technology exists to run BARR as a fully decentralized project,we will provide full transparency in every way possible.Although there are limitations to the voting system at bitcointalk,we will offer votes to decide which coins will be redeemed in future burn exchanges.If less than 100 people participate in a vote,or if the vote appears to be manipulated,we may need to decide based on response from the BARR community and the communities of the altcoins we burn.BARR does not burn or destroy other peoples coins; that would be impossible.It is up to the holders of these coins to burn them, and only if they choose.BARR is not an attack on you or other holders of your altcoin,because only you and other holders of your altcoin can burn your coins.The choice is yours,and any holders who choose to participate in BARR redemption are voting with their coins when they send them to the burn address. Holders of good coins benefit when bad coins are destroyed, leaving more money on the market available for the good coins. Holders of bad coins benefit when they burn their coins in exchange for BARR, turning their liabilities into liquidity. Holders of BARR benefit when the market bands together against the never-ending plague of altcoins; buying BARR is a Vote of No Confidence in Altcoin Business As Usual. If BARR offers an exchange for a struggling altcoin and the altcoins supply is only partially destroyed, then that coin and BARR can both benefit. BARR can gain users and adopt the value of the absorbed coins which were burned, while the altcoin can continue with a higher value  no longer struggling, due to its reduced supply. In this case BARR has still served its purpose, transforming a bad coin into a good coin.Instead of adding another altcoin to the market, we're subtracting altcoins from the market.BARR puts an end to pumping and dumping, because coins that no longer exist can never be dumped again.If you think there are too many altcoins on the market, buy BARR and help destroy those coins.BARR coins are sent and received from your NXT wallet  if youve never used NXT before, just try it. We think youll be impressed. http://NXT.org . (The installation is relatively simple, but it takes a while for the blockchain to sync.)With the NXT client, you can send, receive, and trade, all inside the wallet interface.That includes NXT, BARR, and any other NXT asset as well as any currency on the NXT Monetary System, such as Nautilus. https://wallet.MyNXT.info (Requires purchase of their Asset plug-in for 1000 NXT)To trade with NXT within the SuperNET Lite client:There is no ICO, but we welcome community contributions in the following ways:- - Buy the accepted altcoins on exchanges and burn them for BARR, or burn the altcoins you already have.- - Buy BARR from people who have earned it by burning their altcoins.- - Dump your altcoins into our buywalls, and we'll burn them.We will attempt to provide buy support across all exchanges, hopefully with community help, to allow liquidity for these coinswaps. Whether your sell your altcoins to us on exchanges, or burn them and sell us your BARR, we want to take away the weight of that bag you've been holding.IMPORTANT: Although the announcement of a BARR "buyout" has the potential to influence the market prices of these altcoins, please trade at your own risk and remember that our buywalls will disappear at the end of the burn period (if not before). You can continue to hold your altcoins, gambling on the chance that the price might rise, or you can take the guaranteed BARR and forget about those other coins forever.BARR isn't about buying altcoins on exchanges, it's about redeeming people's altcoins when they burn them. When a coin hardforks to a new blockchain, the main holders of Altcoin2.0 are the people who were already holders of Altcoin1.0 - in the same way, the main holders of BARR will be the people who already mined and held these altcoins. The reason we plan to support the price of these altcoins with buywalls during swaps is to maintain the value of the BARR being exchanged for the altcoins. If the altcoins we're redeeming become available too cheap, then BARR becomes available too cheap. That would defeat the purpose of people swapping for BARR, since they need to swap for something of value.As the life of BARR develops, we hope to see the true benefits of the Multi-Proof-of-Burn innovation. The price of BARR acts as the "difficulty" in a unique way that has never been seen before:At launch, you can earn 5,000 BARR for burning 10,000 KEY. But as BARR gains more users, the difficulty  the price  will hopefully rise. In the future, if BARR has a higher price, then burning 10,000 altcoins might only bring you 500 BARR. Or 50. Or 5. In this way we hope to have a curve of emission over time similar to a PoW coin with frequent block halvings, which could allow us to continue buying altcoins indefinitely as we approach the maximum supply without ever reaching it.Visit http://barr.me/how for details of how the "block halving" is scheduled, with an estimated 7,500,000 BARR to be in circulation after 4 years.Total supply is set at 10 million BARR. All existing coins at launch must stay in the burnfund until exchanged for burned coins.FRAC  333,978 coins burned out of 1,003,589 = 33% of FRAC coin supplyKEY  285,067 coins burned out of 946,902 = 30% of KEY coin supplyXAI  336,561 coins burned out of 690,460 = 48% of XAI coin supplyLYB - 378,591 coins burned out of 985,344 = 38% of LYB coin supplyACP - 1,135,048 coins burned out of 2,793,664 = 40% of ACP coin supplyUIS - 17,025,663 coins burned out of 36,874,815 = 46% of UIS coin supplyBUN - 11,120,369,000 coins burned out of 88,975,662,768 = 12.5% of BUN coin supply (excluding charity funds)BSC - 2,079,346 coins burned out of 5,544,449 = 37.5% of BSC coin supplyCHC- 2,029,696 coins burned out of 11,387,208= 17.8% of CHC coin supplyXAP - 67,882 coins burned out of 269,477 = 25% of XAP coin supplyCAGE - 9,605,167,227 coins burned out of 93,796,631,167 ~ 10% of CAGE coin supplyBARR  305,356 coins burned out of 1,301,599 issued = 23% (self-burned BARR, sent back to the burnfund)OFFS - 15,000 coins burned out of 295,305 issued = 5% (permanently destroyed)NXT Asset I.D. 7823929696462256005 Buying At Retail and Restaurants - BarrCryptocurrency.com

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Hero MemberActivity: 686Merit: 500 Re: [ANN] [BARR] Burning Altcoins for Redemption and Reduction - Multi-Proof-of-Burn October 25, 2015, 12:24:08 AM

Last edit: October 29, 2015, 12:32:56 PM by BARR_Official #2

INSTRUCTIONS AND RULES FOR BURNING YOUR ALTCOINS IN EXCHANGE FOR BARR





Step #1: Before sending your coins to the burn address, make sure you're burning one of the coins accepted during the current burn period.



Step #2: Before you burn your coins, message us at Bitcointalk and tell us which coin you're burning, how many coins, and your NXT address. (If your NXT account has never received a transaction before, also include your Public Key)



Step #3: After you have burned your altcoins, message us again with a copy of your previous message, and add the transaction ID of your send to the burn address.



This allows us to verify on the blockchain that you have actually sent that amount of coins to the burn address.

Telling us before you do it will prevent anyone else from watching transactions and claiming that your burned coins came from them.

There is no way to prove who sent an unclaimed transaction, and any disputed or unclaimed burn transactions may not be redeemed if we cannot determine who burned the coins. So message us and claim your coins before you send them.

If you split your coins into multiple smaller transaction IDs, we will wait until all transactions arrive at the burn address and verify that they add up to the total amount you had requested.



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Anyone attempting to pass a fake transaction ID or previously used transaction ID will have their bitcointalk account and NXT account permanently banned from participating in all future BARR altcoin redemptions.



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The initial burn period may require a minimum exchange of 50 BARR per transaction, to reduce spam and because each transfer costs us 1 NXT. That means you must burn a minimum of 100 FRAC, 100 KEY, 66 XAI, or 50 BARR.



Newbie Bitcointalk accounts may be held to a minimum of 500 BARR, to prevent spam from sockpuppet accounts.



The minimum may be reduced for future burn periods according to the difficulty, or it may be waived on an individual basis if spam is not a significant problem.



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We will strictly enforce the cutoff of the burn period at one minute before Midnight, 11:59PM or 23:59 UTC/Greenwich Mean Time on the final day of the burn period. (That's 7:59PM in New York during the summer, and 6:59PM in New York if it's winter.)



If you have not sent us the txid showing your send to the burn address by 23:59 UTC, you will not receive BARR.



We will attempt to maintain buywalls on exchanges through the end of the burn period, and any coins sold to us after 23:59 UTC will be burned for BARR and that BARR will be re-burned by sending it back to the burn fund.



If our buywalls are depleted before midnight on the final day of the burn period, and you are able to buy a million billion coins for 1 satoshi, we will honor them at the set rate of BARR if you send them by 23:59 UTC  but one minute later and you will get nothing.



So please stop buying the altcoins well in advance of midnight, and do not burn any coins after 11:59PM unless you consider it a donation. Because were serious about the cutoff.

Buying At Retail and Restaurants - BarrCryptocurrency.com

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Hero MemberActivity: 686Merit: 500 Re: [ANN] [BARR] Burning Altcoins for Redemption and Reduction - Multi-Proof-of-Burn October 25, 2015, 12:26:17 AM

Last edit: March 14, 2016, 04:41:02 PM by BARR_Official #3 Our goal is to burn at least one altcoin every 30 to 60 days. Our options of which new coins we can afford to burn, and how many, and how often, will depend on the price of BARR.



To vote for which coin we will burn during the next period, send BARR to our Market Fund with a message attached indicating the coin you're voting for. 1 BARR = 1 Vote. Voting ends at 00:00 GMT on the 1st of each month, and burns are currently scheduled from the 14th to the 28th of each month.





Swaps for burned coins will be done at a fixed rate - we will announce each coin, its exchange rate, and the period for which the offer will be available.





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Burn Period #1, November 1 to November 30, 2015:



  Fractalcoin (FRAC) at .5 BARR per FRAC (2 FRAC for 1 BARR), with a buy-support target of 5000 satoshis per FRAC on market

  Keycoin (KEY) at .5 BARR per KEY (2 KEY for 1 BARR), with a buy-support target of 5000 satoshis per KEY on market

  Sapience (XAI) at .75 BARR per XAI (~1.33 XAI for 1 BARR), with a buy-support target of 7500 satoshis per XAI on market

- - Burning Altcoins for Redemption and Reduction (BARR) at 1 OFFS per BARR (1 BARR for 1 OFFS), with a buy-support target of 10,000 satoshis per BARR on market







The burn address for Fractalcoin is FVAiSujNZVgYSc27t6zUTWoKfAGxc8CEW5



The burn address for Keycoin is K7D9JtQxx7rRoWGu6szLpeFQKhbSzyUbC8



The burn address for Sapience is AFmseVrdL9f9oyCzZefL9tG6UbvhPbdYzM



These burn addresses can be verified as unspendable because they return a hash with a long string of zeroes.









The burn address for BARR is NXT-HD9P-ZTPP-EHFJ-59VUC



This is the address for the Burn Fund, and coins are removed from circulation by sending them here. They cannot be re-sent until they are re-earned with another proven burn transaction of altcoins.





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Burn Period #2-A, December 1 to December 30, 2015:



- - ACP Anarchists Prime at 05 BARR per ACP (20 ACP per BARR) with a target price on market of 600 satoshis per ACP



- - Wild Card: LYB Lyrabar at .5 BARR per LYB (2 LYB per BARR) with a target price on market of 6000 satoshis per LYB



- - BARR for OFFS at .9 OFFS per BARR (~ 1.111 BARR per OFFS) with a target price on market of .00012 BTC (12,000 satoshis) per BARR







The burn address for ACP is 1111111111111111111114oLvT2



The burn address for LYB is LKDxGDJq5fF4FohAB8zJH24mDDNHDNtqsE



The burn address for BARR is NXT-HD9P-ZTPP-EHFJ-59VUC





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Burn Period #2-B, January 1 to January 30, 2016:



- - To Be Decided





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PLEASE NOTE: In case of emergency, double-spend attack, stalled or forked blockchain, block explorer failure, or other disastrous unforeseen circumstances that may interfere with our ability to conduct burn exchanges, we may end the burn period early. So if you're planning to burn your coins for BARR, don't procrastinate.





 Buying At Retail and Restaurants - BarrCryptocurrency.com

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Hero MemberActivity: 686Merit: 500 Re: [ANN] [BARR] Burning Altcoins for Redemption and Reduction - Multi-Proof-of-Burn October 25, 2015, 12:27:49 AM

Last edit: February 29, 2016, 04:00:43 AM by BARR_Official #4 Coins currently eligible for future burn exchange:









8BIT 8Bit, current supply 384,141 Cryptsy wallet offline?

ACOIN Acoin, current supply 1,134,479

ACP AnarchistsPrime, current supply 2,005,302 Already Burned

ANAL AnaLCoin (Analyst Coin), current supply 193,330

ARG Argentum, current supply 4,616,820

ASN Ascension, currenty supply 18,918,064

AUM Alexium, current supply 20,261,106

BITS BitStar, current supply 19,209,785

BITZ Bitz, current supply 1,968,041 Involved in their own coin burn?

BLC Blakecoin, current supply 8,277,653

BOB Dobbscoin, current supply 3,784,240

BRC Biebercoin, current supply 398,000,000

BTM Bitmark, current supply 972,520

BTQ BitQuark, current supply 4,065,118

BUN BunnyCoin, current supply 98,379,567,190

BVC Beavercoin, current supply 2,739,368

C2 Coin2.1, current supply 114,081,891

CAGE CageCoin, current supply 99,213,298,394

CAPT CAPTcoin, current supply 20,316,619

CAT Catcoin, current supply 2,579,399

CCN CannaCoin , current supply 4,654,701

CDN Canada eCoin, current supply 86,457,854

CESC CryptoEscudo, current supply 599,431,700

CETI Cetuscoin, current supply 51,44,790 blockchain doesn't move

CHC ChainCoin, current supply 9,500,000

CKC CheckCoin, current supply 18,643,020

CORG CorgiCoin, current supply 96,478,598,893

CRAIG CraigsCoin, current supply 30,075,746 Cryptsy wallet offline?

CRAVE Crave, current supply 743,103

CRW CrownCoin, current supply 5,702,170

CRYPT CryptCoin, current supply 6,025,858

CTO Crypto, current supply 2,399,729

CYC ConspiracyCoin, current supply 12,599,427

CYT Cryptotokenz, current supply 76,456

DARK Darkcoin (FUDcoin), current supply 13,100,000

ELC Elacoin, current supply 522,834

EMC2 Einsteinium, current supply 257,784,320

EMD Emerald Crypto, current supply 15,953,772

FCN FantomCoin, current supply 3,096,654

FLAX Flaxscript, current supply ?

FRAC Fractalcoin, current supply 1,003,589 Already Burned

FRK Franko, current supply 538,510

GLC Globalcoin, current supply 64,122,209

GLOBE Global, current supply 90,319,000

GRN Granitecoin, current supply 24,685,500

GRS GroestlCoin, current supply 60,513,599

HAL Halcyon, current supply 2,639,366

HAM HamRadioCoin, current supply 6,723,768

HVC HeavyCoin, current supply 88,821,881

KEY Keycoin, current supply 946,902 Already Burned

KGC KrugerCoin, current supply 137,295,857

KORE Korecoin, current supply 1,831,127

LKY LuckyCoin, current supply 19,307,160

LOG Woodcoin, current supply 7,832,545

LTCD LitecoinDark, current supply 78,894,060

METAL MetalCoin, current supply 77,988,654

MIN Minerals, current supply 4,657,629

MUE MonetaryUnit, current supply 73,810,799

NEOS NeosCoin, current supply 7,492,775

NKT Nakas (NakamotoDark), current supply 88,623,755

OMC OmniCoin, current supply 11,015,213

PHS PhilosopherStones, current supply 3,192,868

PIGGY New Piggycoin, current supply 476,910,923

PKB ParkByte, current supply 4,657,629

PRC Prospercoin, current supply 3,000,000

PTC PesetaCoin, current supply 154,626,004

PXC PhoenixCoin, current supply 39,244,500

QSLV Quicksilver, current supply 3,484,622

RED RedCoin, current supply 72,153,041

SBC Stablecoin, current supply 22,789,581

SHELL Shellcoin, current supply 19,414,096

SKC Skeincoin, current supply 13,800,000

SMC SmartCoin, current supply 20,013,365

SOON Sooncoin, current supply 12,395,580

TES TeslaCoin, current supply 65,269,617

TGC Tigercoin, current supply 42,924,141

TOP Topcoin, current supply 29,110,268

TRICK TrickyCoin, current supply 7,550,000 Dead? Yobit wallet offline

ULTC Umbrella-LTC, current supply 1,529,920

UNB UnbreakableCoin, current supply 2,270,700

UNIC Unicoin, current supply 2,399,374

VIOR Viorcoin, current supply 4,941,654

VIRAL Viral, current supply 5,350,280

WBB WildBeastBitcoin, current supply 658,740

XBC BitcoinPlus, current supply 77,448

XAI Sapience AIFX, current supply 690,460 Already Burned

XCASH Xcash, current supply 2,457,531

XCO X-Coin, current supply 11,259,216

XDP DogeParty, current supply 2,678,188

XJO JouleCoin, current supply 23,442,400

XSI StabilityShares, current supply 9,178,749











Please let us know of any objections or reasons why any of these coins should not be accepted.









Please note that a coin may lose eligibility if its network stops working, if it is delisted from all exchanges, or if its block explorer goes down.

Because of the temporary nature of eligibility, we cannot decide on future coins too far in advance. The price, total supply, and network status of each coin is subject to change at any time, so the coins for each burn period will have to be decided shortly before the burn period begins.



Buying At Retail and Restaurants - BarrCryptocurrency.com

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Hero MemberActivity: 686Merit: 500 Re: [ANN] [BARR] Burning Altcoins for Redemption and Reduction - Multi-Proof-of-Burn October 25, 2015, 12:29:38 AM

Last edit: December 05, 2015, 01:07:42 AM by BARR_Official #6 Wild Card Burns





If we do not agree that a coin needs to be burned, but it is requested for burn by the community or its own devs, we may choose to burn it as a Wild Card. Even though we think its a good coin, well burn it anyway and see what happens. Maybe its not as good as we think, and we could end up destroying the entire coin. Or maybe the coin will continue with a reduced supply and come out stronger.





Wild Card coins will be treated as a separate category in addition to the standard burn periods  with a regular burn, we honestly believe that we can burn a coins supply and get rid of it. If we dont think thats possible or desirable for a given coin, we will make it clear that it is a Wild Card and falls outside the normal rules of BARR redemption in 2 ways:



#1  The exchange rate. Standard burns offer an exchange rate that is favorable enough to be accepted by the majority of a coins users, to give them incentive to burn their coins for BARR. But for a Wild Card, if we dont feel that there is a reasonable chance of destroying the entire coin, we may offer a lower rate of exchange.



#2  Our personal supplies of these coins, if we have any. In a standard burn period, we will offer buy support for the altcoin being burned, and we will burn 100% of the coins we buy on market or otherwise hold. We dont want to be stuck with these coins after the burn period ends. But for a Wild Card, BARR devs may choose to keep some of our personally-held coins. However, the BARR Burn Fund and the BARR Market Fund will always participate in burns and burn any altcoins they acquire, even for Wild Cards.

For all standard coin burns, we pledge to burn 100% of the altcoins under our control. We do not want to give the appearance of a conflict of interests in any way, and that is why we want to make a clear distinction between our standard burns and any Wild Card burns.













Coins currently under consideration for Wild Card burns:



NYAN NyanCoin



LYB Lyrabar Burned



UIS Unitus



BOWS BowsCoin



BTA Bata



MRY Murraycoin



OC OrangeCoin



KOBO KoboCoin



BSTY GlobalBoost-Y



OPAL OpalCoin



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Hero MemberActivity: 686Merit: 500 Re: [ANN] [BARR] Burning Altcoins for Redemption and Reduction - Multi-Proof-of-Burn October 25, 2015, 12:38:32 AM

Last edit: December 05, 2015, 02:28:35 PM by BARR_Official #7 Since our goal is to remove altcoins from the market, we will not offer burns on coins that are already dead or delisted from all exchanges.



We will not offer burns on coins that have high block rewards, high staking rewards, or which would otherwise easily be able to regain the supply after we burn it.



We will not offer burns on coins that are less than 6 months old, and we will not burn any coins released after 2015 unless we start running out of older eligible coins.



We cannot offer an exchange for a coin that has a higher marketcap than the value of the amount of BARR allocated for the current burn period difficulty level.



We cannot offer burns on coins that do not have a working block explorer, as we need to verify each burn transaction. We also need to verify the total supply, as CoinMarketCaps figures can be inaccurate if the official block explorer is down.



Centralized control or checkpoints could be problematic, as burn transactions could be reversed or rolled-back.







The following coins are not currently eligible for burn redemption, but may become eligible with a working block explorer, or if other disqualifying factors are corrected:



Ineligible Coins:





ADD AdderalCoin - Deliberate ninjamine with all 1,000,000 coins mined in a 1-day Pow period

007 007Coin - No explorer

42 42 Coin - Only 42 coins

2BACCO 2BACCO - Too new, already delisted from all exchanges

ABC Asset Backed Coin - Only traded at Yuanbaohui, may not actually be backed by assets

ABY ArtByte (AppleByte) - Marketcap too high for now

ADN Aiden - No explorer, problems with syncing?

AGS Aegis - No block explorer, dead network?

AIB AIB - Investment bond? 99% premine? No block explorer

ALF Alphacoin - No block explorer

ALN Aliencoin - No explorer?

AM AeroMe - Problematic because Cryptsy is still selling the old version of the coin, Bittrex has the new one

AMC AmericanCoin - No block explorer

AMS AmsterdamCoin - Too new, only at Yobit

ANI Animecoin - No exchanges?

APEX ApexCoin - No explorer?

ARB Arbit - Huge premine/ICO, huge percentage of supply is held by 1 Bittrex user (dev?)

ARI Aricoin - No explorer?

ASC AsicCoin - No explorer, too many coins, and we suspect it might be mined with ASICs

AU AurumCoin - Delisted from CoinMarketCap because it was only traded at AllCoin, which is offline

AXIOM Axiom - Too new, too many coins still being generated, delegates

AXR Axron - No explorer

BANX BanxShares - Only traded at its own exchange, 100% premined, majority of coins still held by devs

BAT BatCoin - No explorer, too many billions of coins still being generated

BCENT BitCent - No block explorer, dead coin?

BCF BitcoinFast - Maybe if we could get an accurate figure for current supply

BCR Bitcredits - Dev is working on a new update

BCX BattleCoin - No block explorer

BDSM BDSM - ANN says 6.9 million coins, block explorer says there are already 11 million; merged with FETISH?

BELA BellaCoin - No explorer but would be eligible otherwise

BEN Benjamins - No explorer

BET BetaCoin - No explorer, default wordpress frontpage in Chinese (Hello World! - Mr Wordpress is in English)

BIOS Bios Crypto - Too new, only at Yobit, but otherwise might be eligible

BITB BitBean - Marketcap too high for now

BITS Bitstar - Marketcap too high for now

BLU BlueCoin - Blockchain is forked, wallet crashes

BNB BnB Coin - ICO, only listed at Yobit, no explorer

BOD Bloodcoin - Too new and only at Yobit, but otherwise would be good

BOLI Bolivarcoin Too new

BOT Botcoin - Too new, delegates

BQC BBQCoin - No explorer?

BRE BREAKcoin - Too new, only listed at Yobit

BRIT BritCoin - No explorer, no posts for 11 months, no markets while AllCoin is down

BTB BitBar - Blockchain forked, Cryptsy is on a different chain from everyone else?

BTCRY BitCrystal - No block explorer

BTCS Bitcoin Scrypt - No explorer, and they're in the middle of changing the coin's name

BTE Bytecoin - No explorer?

BTG Bitgem - No explorer, only 2 pages of posts in 11 months, advertised as no premine but had instamine, 50% of total supply held in 1 wallet?

BTX BitcoinTX - Too much PoS rewards; may not be the same thing as Bitcoin with a TX added

BUK CryptoBuck - Updating and checkpointing soon

CACH CacheCoin - No explorer

CAID Coinaid - Too many coins and 60% stake rewards

CAIx CAIx (CaishenCoin) - No explorer, but would be eligible if the blockchain keeps running and wallets can sync

CARB Carboncoin - 15 billion coins, no posts in 2 months, suspicious richlist? Do they know that CO2 is good, plants need it to live, & all forms of life on Earth are made of carbon?

CASH Cashcoin - Cryptsy wallet not working for an extended length of time?

CBIT CryptBit - Too new, ICO, delegates, no explorer

CC CyberCoin - High PoS, too many coins

CCN Cannacoin - Marketcap too high for now

CENT Pennies - High PoS, trillions of coins, Keylogger virus in the wallet?

CF Californium - Relatively new, no explorer, can't be withdrawn from Bittrex?

CFN ConfessionCoin - Might be eligible if it was listed on any exchange

CGA Cryptographic Anomaly - Would be eligible with a working block explorer

CGN KolschCoin - Relatively new, relatively large premine, unknown current supply, delisted from C-Cex?

CHA Chancecoin - No block explorer

CHAO 23 Skidoo - Unknown current supply, is crazy

CHIP ChipCoin - Too new

CINNI Cinni - No explorer, coins converted to Stakecoin but Cryptsy still selling the old coin

CIRC CryptoCircuits - Too new

CLR Copperlark - No explorer, may be too heavily manipulated by pumpers, only 5 pages on the ANN in over 2 years

CLV CleverCoin - Maybe when it's a little older and dev is less likely to hold significant percentage of premine

CNC CHNcoin - First block halving is still over 2 years away, too many coins

CND CannabisDark - Delisted from all exchanges?

CNL ConcealCoin - No explorer, bitcointalk topic hasn't had a post for 11 months

CNO Coin(O) - Unknown current supply, no block halving, 2% premine still held by devs?

COL Colossuscoin - Not an actual cryptocurrency? Only held at Cryptsy, no blockchain, cannot be withdrawn, and coin has been re-launched as CV2?

COMM CommunityCoin - No explorer

CON PayCon - High PoS

COOL CoolCoin - Block explorer hasn't moved in over a month, network not running?

COV Coven - No explorer, only at Yobit

CPC Capricoin - Too new, crazy premine held by devs at Bittrex, ANN still hasn't made it to Page 2

CPN CompuCoin - Delisted from all exchanges?

CRACK CrackCoin - No explorer

CRC CraftCoin - No block explorer

CREVA CrevaCoin - ANN topic barely has 1 page of responses, unknown total supply, apparent huge premine & instamine?

CRT CRTCoin - No explorer, only traded on its own exchange Nix-e?

CRY CRYcoin - Unknown current supply, no block explorer

CS CryptoSpots - Relatively new, no explorer, wallet problems, confusing distribution scheme, delegates, Yobit

CTM ContinuumCoin - No explorer, too many coins?

CV2 ColossusCoinV2 - High PoS

CYP Cypher - Currently under community takeover, dev is holding the coin for ransom and demanding 2.5btc?

CZC CzechCrownCoin - Explorer says last block is 5 months old, 50% premine, no posts in 8 months, different coin from CZE CzechCoin

DBL Doubloons - No explorer, blockchain problems?

DCR DeltaCredits - Too new, devs are supposed to buy them all back and burn them anyway

DETH DarkEther - Admitted Ninja Launch

DIBS Dibbits - Too new

DICE NeoDICE - - Marketcap too high for now

DIEM CarpeDiemCoin - Explorers are down, will check back later

DIG Digit - No explorer, no exchanges

DIGS Diggits - 100% premine ICO, dev bought all coins himself, traded with himself for volume, then dumped from .05BTC to .00000025?

DIME Dimecoin - No explorer, too many coins

DON Donationcoin - No explorer, but otherwise might be a good Wild Card

DOPE DopeCoin - NSFW, promotes illegal activity?

DOT Dotcoin (KimDotCoin) - High block reward, too many coins yet to be generated

DP DigitalPrice - No explorer, 25% daily interest?

DRKC DarkCash - No explorer, only 1 post in 11 months

DRKT DarkTron - Too new, no block explorer

DRS Denarius - No explorer, delisted from all exchanges

DRZ Droidz - New, ICO, over half of total supply in 5 addresses

DSB DarkShibe - No block explorer

DSH Dashcoin - Cryptonote coin, no QT wallet, burn addresses don't work

DT DarkToken - 2% PoW, 98% premine, and no explorer

DTC Datacoin - No explorer, only at Bter, no forum posts in over a year

DTC DayTraderCoin - No explorer, very little forum activity ever?

DUB Dubstep - Too new, ICO, no explorer, no wallet available for download?

DUCK DuckDuckCoin - No explorer, already delisted from all exchanges?

EBS EBOLAShares - Network broken, coins can't be sent? No explorer anyway.

ECC ECCoin - Too many coins? (19 billion)

EGG Eggcoin - No explorer, increasing block rewards instead of decreasing, delisted from all exchanges?

EKN Elektron - No explorer

ELP ElephantCoin - Unknown current supply

ELT Electron - Delisted from all real exchanges, but has an explorer and otherwise might be good

ENRG Energycoin - Marketcap too high for now

EPY Empyrean - Borderline too new, already delisted except at Yobit, and no block explorer. But otherwise would be a good candidate, 100% PoW, no premine, low block reward and very low supply.

EQM Equilibrium - No explorer, no exchanges

ERM Ermiscoin - 100% premine ICO, no explorer, blockchain problems, and delisted from exchanges

EUC Eurocoin - No explorer, no posts in 18 months

EXC Extremecoin - No explorer

EXCL ExclusiveCoin - No explorer, blockchain issues, update/big news coming

EXE Execoin - No explorer, wallet and blockchain problems, mining is being exploited out of control

EXP Expanse - Too new

EZC Ezcoin No block explorer, but otherwise might be eligible for burn redemption

FAIR FairCoin - Marketcap higher than we can afford for now?

FETISH Fetish - Need clarification on whether this coin has been merged with BDSM; it's still listed and traded separately?

FFC FireFlyCoin - 2 explorers, but unknown current supply

FIC Full Integrity Coin - 1.44 Million coins generated every day

FIMK FIMKrypto - NXT clone, normal burn addresses won't work, only traded at CCEDK

FIST FistBump - Too new, no explorer, only listed at Yobit, no connections/dead network?

FJC FujiCoin - Not sure, any opinions? Lots of coins,small but dedicated group participating on forum, 50% of coins in top 4 addresses, hashrate and difficulty may be exploited despite Kimoto's Gravity Well?

FLAP FlappyCoin - Explorer works, but probably too many coins and too many still being generated

FONZ Fonziecoin - No exchanges?

FRDC FreedomCoin - Too new, only at Yobit

FRC Freicoin - Marketcap too high for now

FRSH FreshCoin - No block explorer

FSC2 FriendshipCoin2 - Only listed at Bittrex (constantly subject to delisting) and Bittrex distribution chart shows that it's mostly held by 1 person

FST Fastcoin - Lots of wallet/blockchain problems

FUNK Cypherfunks - High block reward, 1 billion per year

FUTC FutCoin - Current supply 5.9 million, premine 2.4 million

GAIA GAIA - Just delisted from Bittrex? No exchanges?

GB GreenBacks - Blockchain forked? Cryptsy wallet offline for months? No posts in 90 days

GCN Gcoin - Too many coins? Billions of coins stolen/lost at askcoin.net?

GDC GrandCoin - Too many coins?

GEN Genstake - Too new, already had a takeover

GENI Geniuscoin - Only at Yobit, blockchain problems, million coins per day & half go to masternodes?

GHC GamerholicCoin - No explorer, not much posting activity, some controversial accusations

GIVE GiveCoin - No explorer, currently planning its own coin exchange

GLYPH Glyph - No explorer, but listed at Cryptsy and 2,295,268 coin supply? Do wallets still work?

GME GameCoin - Dead?

GOOD GoodCoin - Already delisted from all exchanges, and no block explorer

GP GoldPieces - Explorer about to expire, Bittrex about to delist?

GRAV Graviton - Borderline too new, might be eligible if there was a working block explorer

GRE Greencoin - No explorer, no exchanges?

GREXIT Grexit - Too new, no block explorer even though it's still new and should still have support

GRF Graffiti - Still too new, but will be eligible if it stays listed and explorer stays running. 20,020,676 coins.

GRT Grantcoin - Over 99% of supply held in dev premine fund?

GSM GSMcoin - No explorer, something about mobile phones, only at Bittrex and under delisting notice

GSY GenesysCoin - Too new, only at Yobit

GUA Guarany - No block explorer but otherwise could be good

GUE Guerillacoin - No block explorer?

GUN Guncoin - No explorer?

HEDG HedgeCoin - Too new, no block explorer, delisted everywhere except Yobit

HEX Heisenberg - No explorer, too many coins, Million-coin superblocks

HIRO Hirocoin - No block explorer, too many coins generated with no halving

HLC HellasCoin - Website has fake virus popup attack. And no markets and no explorer.

HNC Helleniccoin - Claims to be legal tender in Greece? Controversial?

HTML5 HTMLCOIN - No explorer, too many coins

HUC Huntercoin - No explorer, supposed to be human-mined but mined by bots? Is the game fun?

HUGE BigCoin - High block rewards

HUN Hundredcoin - Huge premine, block rewards never decrease, could be eligible if we run out of coins to burn

HZT HazMatCoin - Dead, no wallet? No exchange except Yobit, no activity

IBITS iBITS - Too new

ICASH iCash - New, only at Yobit, Marketcap too high for now

ICB IcebergCoin - At least one keylogger virus found in the wallet; may be only the tip of the iceberg. (Dev account was hacked?)

ICN iCoin - No explorer, only at Yobit?

IEC Ivugeo Evolution Coin - Backed by gold, centrally controlled? Markets heavily manipulated?

INFX Influxcoin - Too new but might be good when it's older

IRL IrishCoin - Too many coins still being generated, first block halving is still months away

ISL IslaCoin - Too new, might be eligible later

ISR Isracoin - No explorer, no active markets

IVZ InvisibleCoin - Too new, ICO/premine, no explorer

JKC Junkcoin - No explorer, no posts on ANN for over 2 years?

JUDGE Judgecoin - No explorer, your honor

KARM Karmacoin - Too many coins

KDC KlondikeCoin - No explorer but otherwise suitable

KNC KhanCoin - Too new, no available information, no posts in 2 months, centrally controlled? 7,800,000,000 premine but only 59,000 available supply?

KTK Kryptkoin - Delisted from all markets, no explorer

KUMA Kumacoin - No explorer, only listed at monatr.jp?

LAB Coinworkscoin - No explorer, no bitcointalk ANN? Wallet and blockchain problems?

LDOGE LiteDoge - New, too many coins

LEA LeaCoin - Relatively new, too many coins still being generated

LEAF LeafCoin - No explorer

LEO LEOcoin - Only traded at its own exchange, no bitcointalk ANN

LFO Local Family Owned - Too new, 10% premine plus 4 days of instamine before bitcointalk ANN. And no explorer.

LGD LegendaryCoin - Delisted from Cryptsy because of suspected hidden coin generation?

LIMX LimeCoinX - Too many coins, no block halving?

LIT Lightcoin - Delisted from all exchanges, explorer doesn't work, name is too original

LSD Lightspeed - No explorer, only 2 posts in the past 12 months

LTB LiteBar - All 3 block explorers are down, would be eligible with an explorer

LTD LimitedCoin - No explorer, only at Yobit, only 64 coins

LTS LiteStarCoin - No explorer

LXC Librexcoin - Famous for being heavily manipulated, too many coins may be held by devs or pump groups?

LYC Lycancoin - Too many billions of coins being generated with no reward halvings anytime soon

M1 Supply Shock - No explorer, no exchanges

MACRO MacroCoin - Too new

MAD SatoshiMadness - Too new, too many coins, only at Yobit, but has a really fun comic book in the ANN

MAPC MapCoin - Too new

MARYJ MaryJane - Explorer hosting expired, seems to have active development and community involvement, so possible low participation for burn redemption. Possible for a Wild Card.

MCN MonetaVerde - Cryptonote so burn addresses won't work, no posts in over a year, explorer says total coins 462,000 but there are 1.8million on market at Poloniex

MCZ MangoCoinz - No explorer, is listed on a fake exchange, has a z at the end

MED Mediterraneancoin - No explorer

MEM MemeCoin - No block explorer

MEOW Kittehcoin - No explorer

MMC Memorycoin - Explorer shows no blocks being found, no posts in 5 months, controversial

MNC Mincoin - No explorer

MNE Munne - Undecided, any opinions?

MNTA Moneta - No explorer, but would be eligible otherwise

MOTO Motocoin - Generates too many coins, designed to be human-only mined, but mined by bots?

MRC microCoin - Owned by the Alcurex exchange?

MRS Marscoin - Explorers can't find active connections? Explorers still haven't been to Mars?

MTLMC3 Metal Music Coin - Official explorer has 0 connections, Cryptopia explorer has 5. Forked?

MTR MasterTrader - Only about 1% of supply is publicly available, successfully 51% attacked?

MWC MultiWalletCoin - Multiple coins held in the same wallet, will regular burn addresses work? Probably, but we need to make sure

MYR Myriad - Marketcap too high for now

MYST Mysterycoin - High PoS, no explorer

MYSTIC Mysticoin - Too new, only at Yobit

MZC Mazacoin - Marketcap too high for now

NAN Nanotoken - No block explorer, dead?

NBL Nibble/Nybble - No block explorer

NEC Neocoin - No block explorer

NIRO Nexus (Coinshield) - There's a link for an explorer, but it doesn't have an explorer there?

NKA IncaKoin - Too many coins, 100% stake interest

NMB Nimbus - No block explorer, dev was robbed by bandits in Brasil

NOBL Noblecoin - Marketcap too high for now

NOC Nocturna - Too new

NODE Node - Explorer down, wallet sync problems or blockchain stalled?

NRB Noirbits - No explorer, 6 different ANN topics, impossible to know what's going on

NRS NoirShares - No explorer

NTR Neutrino - No explorer, no markets?

NTRN Neutron - Borderline too new, High PoS, too many coins still being generated, already had a take-over, 3 different ANNs in 3 months

NXE NXE - Relatively new, no block explorer, dead markets

NYC NewYorkCoin - Explorer down, too many coins

O2O 020LondonCoin - Too many coins?

OK OKCash - High PoS

ORO ORObit - No explorer, no markets, no bitcointalk ANN?

OSC OpenSourcecoin (Ocoin) - No explorer

OZC Ozziecoin - Country coin, Huge premine/ICO, over 50% of supply still being sold and called free distribution

P7C P7Coin - Bitcointalk ANN deleted because of virus in the wallet? No explorer, only sold at Yobit

PAK Pakcoin - Too new

PARA ParanoiaCoin - Too new, unknown current supply/premine percentage, no explorer except at C-Cex

PHO Photon - No explorer, no real exchanges

PHR Phreak - Too new, no exchanges?

PLANET Planetcoin - Relatively new, no block explorer, only listed on Yobit and no volume

PLC2 Polcoin - Does have an explorer in Polish, but only listed at its own exchange Bitorado?

PLNC PLNcoin - No explorer, only listed at Bitorado

PLS PLAY - Some kind of BitShares thing, problematic distribution

PMP PreminePlus - Has an explorer, 1,106,193 supply, but delisted from all exchanges

POLY Polybit - Too new, huge premine/ICO, already delisted from all exchanges

POP PopularCoin - Too many coins?

PR Prototanium - Too new

PRIME PrimeChain - Advertised less than 500 coins created per day, over 3 million supply after 3 months?

PRT Particle - No explorer, only at Bter

PSEUD PseudoCash - No explorer, no posts for 12 months?

PTC Pesetacoin - Marketcap too high for now

PURE PurePOS - ICO, unlimited 75% interest

PXI Prime-XI - Official explorer link goes to some kind of popup advertisement stuff

PXL Phalanx - No explorer, only at Yobit

PYC Paycoin - No explorer, hard to find connections?

QB Quarkbar - No explorer, not listed on any exchanges

QCN QuazarCoin - Cryptonote, no posts in 12 months, only at HitBTC

QTL Quatloo - No explorer? The devs pride themselves on being the greatest, most successful gamblers in the universe? They compete for everything: power, fame, women, everything they desire, and it is their nature... to win?

RBBT RabbitCoin - Forked? Cryptsy wallet offline?

RBR RibbitRewards - Centralized, requires user identity?

RBT Rimbit - Controversial, too expensive anyway

RIN Ringo - No explorer

RIPO RipoffCoin - May be a ripoff

RMS Resumeo Shares - In the middle of some development project, they accept RMS to produce video resumes

ROS RosCoin - No explorer, already in the middle of a coin swap to Flycoin?

ROX ROXcoin - Blockchain doesn't work at all, can't send coins?

RPC RonPaulCoin - Almost no forum activity, possible blockchain problems?

RT2 RotoCoin - No explorer, but otherwise might be eligible

RZR Razor - Would be a great coin for swap if there was a working explorer

S.A.T.2 Saturn2Coin - No explorer

SAK Sharkcoin - 12.5% premine, current supply unknown? $1 Million daily volume at jubi.com, but $0.00 at Cryptopia and Yobit?

SANDG Save and Gain - Too new, not sure if it would be eligible anyway

SC SmartChips - New, no explorer

SDP SydPak - Too new, no explorer

SFR SaffronCoin - No explorer

SHA SHACoin - Unknown current supply

SHADE ShadeCoin - No explorer

SHELL ShellPay - No explorer, no available website or any information/downloads, only listed at Bter

SHF Shift - Too new, no explorer? Ethereum fork  will burn addresses work?

SHIBE ShibeCoin - No explorer

SHLD ShieldCoin - No explorer, hard to find connections, coins at Bittrex were forked and lost? (According to devs?)

SILK Silkcoin - Already burning coins in exchange for DarkSilk Already swapping for new SILK

SJW SJWCoin - Too new, too many coins still being generated

SKB SkullBuzz - Borderline too new, high PoS, no explorer

SLFI Selfiecoin - No explorer, only at Yobit

SLG Sterlingcoin - 42,000 coins orphaned at Bittrex after being confirmed for 30 days?

SLING Sling - Still in development for decentralized in-wallet exchange

SMBR Sembro Token - Blockchain forked, Yobit on a different fork from Bittrex, no posts in 30+ days

SNRG Synergy - Too new, high PoS

SOL Solcoin - No explorer, no exchanges

SOLE Solecoin - No explorer, no posts for 10 months

SONG SongCoin - Opinions? Community still very active? Blockchain problems?

SPA SpainCoin - No block explorer?

SPACE SpaceCoin - Too new, huge instamine, no explorer

SPC SpikesPrivateCoin - Too new, no explorer, only traded at Yobit, 200% annual interest

SPEC SPEC - Too new

SPHR Sphere (ChronoSphere) - New, very little forum activity ever, controversial

SPR Spreadcoin - Marketcap too high for now

SPT Spots - No explorer

SRC SecureCoin - Marketcap too high for now

SSV SSVcoin - No block explorer, block rewards never decrease

STC Starcoin - Too new (September 2015 coin called Starcoin)

STHR Stakerush - Too new, ICO, only listed at Yobit, 100% interest stake rewards

STK StakeCoin - Not listed at any exchanges, blockchain problems

STR StarCoin - Would be eligible with a working block explorer

SUPER SuperCoin - a MultiWalletCoin coin, will regular burn addresses work? Probably will, but we need to be sure

SWIFT BitSwift - Too expensive

SWING Swing - Too new

SYNC Sync - No explorer, too expensive, supposedly backed by assets, would probably have low participation

TAGR TAGRcoin - Too new, no explorer, only at Yobit,

TAK TakCoin (TakeiCoin) - No explorer, block rewards never reduced?

TAM Tamagucci/ Tamcoin - Too new, no explorer, no posts in 3 months

TB TeleBET - Blockchain isn't moving, no exchanges

TCO TacoCoin - No explorer, delisted from all exchanges

TENNET TenneT - Too new, no block explorer

THC HempCoin - No explorer, may be swapping to Ethereum platform

TIT Titcoin - NSFW

TIX Tickets - No explorer, blockchain stuck, only 3 posts in 12 months

TOR TorCoin - No block explorer

TRC Terracoin - Marketcap too high for now

TRI Triangles - Only works over TOR? Probably not a problem

TRK Truckcoin - High PoS

TRL Trollcoin - Updating/hardforking soon, probably too many coins anyway

TRON Positron - Wallet disabled at Bittrex because the blockchain isn't moving

TTC TittieCoin - Not safe for work, could be sued for sexual harrassment for offering these coins

TTY Trinity - Has a limited block explorer at Cryptopia but would need accurate figures for total supply

TuringCoin TNG - New, 50% premine, no explorer, delisted from all exchanges

TX TransferCoin - Too new, no explorer, dev account hacked? Already had a takeover

U Ucoin - No explorer

UFO UFO Coin - No explorer

UNC UNCoin - New, ICO/premine, no explorer, no bitcointalk ANN

UNIT Universal Currency - Relatively new, very little forum activity, explorer says last block is 7 days old

URC Unrealcoin - Relatively new, no explorer, delisted except for Yobit

URO Uro - We don't have enough urea to swap for these coins

USDe USDe - Too many coins? Connection problems, are there problems withdrawing from Cryptsy?

UTC UltraCoin - Marketcap too high for now

UTIL UtilityCoin - No explorer, heavy criticism

VCN Vcoin - Borderline too new, but we could probably do it if it was requested

VDO Vidio - No explorer

VEC Vector - Too new, ICO, delegates

VERSA Versa - Delisted from all exchanges?

VGC VegasCoin - No block explorer

VMC VirtualMiningCoin - No explorer, only listed at Bittrex and may be delisted soon

VOL VolumeCoin - Too new and the block explorer is already down

VTR vTorrent - No explorer?

WKC WankCoin - Delisted from all exchanges

WOP WorldPay - Too new, huge premine, ICO, no block explorer even though it's new, and block rewards increase instead of decrease

XBS BitStake - Involves a centralized service which has been shut down, and was run by people in Nigeria, and involves bank transfers with Nigerian bank accounts? Also no explorer.

XCE Cerium - Too new, no explorer, already delisted from all exchanges

XCH ClearingHouse - No block explorer

XDQ Dirac - No explorer, but XDQ would be a good coin to spend at Dairy Queen

XEMP EmpoCredits - Too new, only traded at its own exchange?

XFC Forevercoin - Too expensive, no explorer, too many coins

XGR GoldReserve - No explorer, no exchanges

XLB Libertycoin - Official explorer link has tranny porn; explores gender roles, but not the blockchain

XMG Magi - Marketcap too high for now

XNC XENcoin - No block explorer, dead?

XPB Pebblecoin - No explorer, cryptonote coin so burn addresses aren't possible?

XPH Pharma - Specs unavailable, too high inflation/PoS rewards

XQN Quotient - No explorer, recent community takeover, users have informally voted against BARR exchange

XRA Ratecoin - Marketcap too high for now

XSEED BitSeeds - Too much premine

XST Stealthcoin - Marketcap too high for now

XUP Upcoin - Too new, no block explorer, no exchange except Yobit, questionable ICO/cloudmining scheme, dev was supposed to burn coins but used a fake burn address and spent them?

XVI Vibranium - Too new, explorer is down, High PoS masternodes

XWT World Trade Funds (WTF Coin) - No explorer?

XXX XxXcoin - NSFW

YAC Yacoin - Explorer offline?

ZED Zedcoin - Blockchain is forked beyond all recognition

ZNY Bitzeny - Very little forum activity, explorer doesn't show current supply

ZOOM Zoom - Too new, but otherwise could be eligible in the future

ZS ZimStake - No explorer, no exchanges?

$MINE InstaMineNuggets - Over 50% of current supply is premine

$MINEW InstaMineNuggets Class A - Premine is about 50% of current supply? Or is that only for the other InstaMineNuggets coin?

$MINEZ InstaMineNuggets Class B - Premine is about 50% of current supply? Or is that only for the other InstaMineNuggets coin?

$$$ Money - Problems finding connections? Very little forum activity, no active exchanges?







































Please let us know if any of our information is incorrect, or if you think one of these coins should be reconsidered for burn redemption.

Most of our information comes from CoinMarketCap, Bitcointalk, and Google searches, but we can easily miss a coin being listed at another exchange, a new block explorer, or other important information that could change a coin's eligibility status.



CoinMarketCap has removed coins that are only listed at AllCoin, because AllCoin is offline (hopefully it's temporary). So, again, this information is constantly changing. Buying At Retail and Restaurants - BarrCryptocurrency.com

BARR_Official



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Hero MemberActivity: 686Merit: 500 Re: [ANN] [BARR] Burning Altcoins for Redemption and Reduction - Multi-Proof-of-Burn October 25, 2015, 02:14:03 AM #11 Quote from: BitcoinNational on October 25, 2015, 01:54:42 AM

small note ... if there was a dispute someone could just sign a message or send an amount from the address to 'prove' they hold the key/rights.







Good point. Unfortunately I think a lot of these coins will be sent from exchanges, in which case that wouldn't work.





As to the ineligible coins, being on that list doesn't mean it's a bad coin. It just means it won't work for burn exchange - maybe because there's no block explorer, or maybe just because there's no chance of destroying the supply because high mining rewards are still ongoing. Of course if a coin's marketcap is too high we won't be able to burn it, so being eligible for burn is a separate issue from being a good coin. And a large premine doesn't necessarily disqualify a coin, unless it's likely that the premine is still mostly held by the devs. We want to give BARR to crypto holders, not reward scammers for hodling their own premine.



But we definitely need feedback on anything we got wrong, because we are going to need a lot of coins to burn. Good point. Unfortunately I think a lot of these coins will be sent from exchanges, in which case that wouldn't work.As to the ineligible coins, being on that list doesn't mean it's a bad coin. It just means it won't work for burn exchange - maybe because there's no block explorer, or maybe just because there's no chance of destroying the supply because high mining rewards are still ongoing. Of course if a coin's marketcap is too high we won't be able to burn it, so being eligible for burn is a separate issue from being a good coin. And a large premine doesn't necessarily disqualify a coin, unless it's likely that the premine is still mostly held by the devs. We want to give BARR to crypto holders, not reward scammers for hodling their own premine.But we definitely need feedback on anything we got wrong, because we are going to need a lot of coins to burn. Buying At Retail and Restaurants - BarrCryptocurrency.com

zodiac3011



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Hero MemberActivity: 756Merit: 500 Re: [ANN] [BARR] Burning Altcoins for Redemption and Reduction - Multi-Proof-of-Burn October 25, 2015, 10:27:31 AM #14 I really love your concept of burning coins. Especially multi proof of burn, this will lower the price of others coin and increase the price of BARR considerably. However, I think that based on NXT which is a currency got quite big blockchain right now will slow down the amount of user who hates waiting for things to sync

hybridd



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NewbieActivity: 1Merit: 0 Re: [ANN] [BARR] Burning Altcoins for Redemption and Reduction - Multi-Proof-of-Burn October 25, 2015, 11:09:26 AM

Last edit: October 25, 2015, 11:49:30 AM by hybridd #16 I literally made an account on this forum (finally) just to point out the obvious scam in all of this:



So you're proposing burning a coin and receiving credit for burning in BARR, however this means eventually BARR is going to have some value on the asset exchange. That is 1 BARR = x units of NXT.



Since you control the supply of BARR, what is honestly preventing you from when x hits some desirable rate that you just don't dump a huge chunk of your BARR onto the market, make a nice profit and walk?



Also, lol the fact that you're doing this manually, this honestly wouldn't take more than a day or two to automate, since people can attach messages to transactions they could put their NXT address / pub key in the message field, submit the coins to the burn addresses listed and you have a worker bot that pays them out automatically -- literally a day of coding tops.



tl;dr

obvious (eventual) scam, dev probably doesn't know jack about coding



-- edit: this post will probably get deleted too, but op deleted the post where I called out his bullshit in technical details, oh well.

BARR_Official



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Hero MemberActivity: 686Merit: 500 Re: [ANN] [BARR] Burning Altcoins for Redemption and Reduction - Multi-Proof-of-Burn October 25, 2015, 11:18:00 AM

Last edit: October 25, 2015, 11:52:10 AM by BARR_Official #17 Quote from: sorrros on October 25, 2015, 09:36:18 AM Hi guys,



I believe the exchange rate of XAI is too favorable according to the real coin prices in the market.

It should be .5 BARR per XAI to be fair with KEY and FRAC. Can you pls update this before Nov 1st?









KEY and FRAC both have a higher supply, and they're both cheaper than XAI. So the price is already balanced between all 3, with approximately 500,000 BARR allocated for each altcoin.



We can't set the exchange rate at the current price of a low-volume market, because we already know that nobody is willing to sell at that price. So we are offering more than the current price for all 3 coins, to give holders enough incentive to sell.



KEY and FRAC have both been trading under 3000, so we're setting the exchange rate at .5 BARR (estimated at 5000). XAI has been as low as 4000, it's still around 5000 now, and there still aren't many sell orders going through. So we're setting the exchange rate at .75 BARR (estimated at 7500).



These rates allow us to offer an equivalent amount of BARR for the entire supply of each coin:



1,003,590 FRAC for 501,795 BARR

945,787 KEY for 472,893 BARR

684,468 XAI for 513,351 BARR





Does this seem fair to all 3 coins, since we're offering the same amount of BARR for each one?





KEY and FRAC both have a higher supply, and they're both cheaper than XAI. So the price is already balanced between all 3, with approximately 500,000 BARR allocated for each altcoin.We can't set the exchange rate at the current price of a low-volume market, because we already know that nobody is willing to sell at that price. So we are offering more than the current price for all 3 coins, to give holders enough incentive to sell.KEY and FRAC have both been trading under 3000, so we're setting the exchange rate at .5 BARR (estimated at 5000). XAI has been as low as 4000, it's still around 5000 now, and there still aren't many sell orders going through. So we're setting the exchange rate at .75 BARR (estimated at 7500).These rates allow us to offer an equivalent amount of BARR for the entire supply of each coin:1,003,590 FRAC for 501,795 BARR945,787 KEY for 472,893 BARR684,468 XAI for 513,351 BARRDoes this seem fair to all 3 coins, since we're offering the same amount of BARR for each one? Buying At Retail and Restaurants - BarrCryptocurrency.com

darkitecht



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NewbieActivity: 1Merit: 0 Re: [ANN] [BARR] Burning Altcoins for Redemption and Reduction - Multi-Proof-of-Burn October 25, 2015, 11:23:25 AM #19 Quote from: hybridd on October 25, 2015, 11:09:26 AM I literally made an account on this forum (finally) just to point out the obvious scam in all of this:



So you're proposing burning a coin and receiving credit for burning in BARR, however this means eventually BARR is going to have some value on the asset exchange. That is 1 BARR = x units of NXT.



Since you control the supply of BARR, what is honestly preventing you from when x hits some desirable rate that you just don't dump a huge chunk of your BARR onto the market, make a nice profit and walk?



Also, lol the fact that you're doing this manually, this honestly wouldn't take more than a day or two to automate, since people can attach messages to transactions they could put their NXT address / pub key in the message field, submit the coins to the burn addresses listed and you have a worker bot that pays them out automatically -- literally a day of coding tops.



tl;dr

obvious (eventual) scam, dev probably doesn't know jack about coding





Yo did the devs actually just ignore this? i was browsing and noticed this, had to make an account just to point out how the devs tried to burry this without response...



id like to hear what they have to say, for one. Yo did the devs actually just ignore this? i was browsing and noticed this, had to make an account just to point out how the devs tried to burry this without response...id like to hear what they have to say, for one.