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    Author Topic: [ANN][GoldReserve][XGR]X11 Unique Stabilizer Fund, BACKED BY GOLD NOW!  (Read 164141 times)
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    Mesterlovesz74 (OP)
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    June 05, 2014, 11:10:33 PM
    Last edit: June 26, 2016, 12:47:40 AM by Mesterlovesz74
     #1

    GoldReserve [XGR]

    Due to a recent hacking in my Bitcointalk account I have to start a new account under the name Mesterlovesz1974!
    I will abandon the old account and will use the new one!


    From this date (18.07.2014) GOLDRESERVE is officially backed by GOLD!
    XGR is POS only now!





    Launch: June 07, 2014 20:00 GMT+2

    22.06.2014. Wallet update!


    CryptoAsian did a Proof Of Developer review over me, I got 4/5 Score (only because we can not meet personally)
    POD Review of GoldReserve Developer



    GoldReserve is the next step cryptocurrency! I created this coin, because there are not one altcoin existing which gives people the feeling that it will give a steady growth and if things goes sideways, and coins can be easily liquidated at any time without a huge loss. GoldReserve gives you all of that! The Stabilizer Fund - collected during the POW phase - will be converted into GOLD! (Yes, the precious metal!) This will serve as the backup of the coin. With this Fund I will be able to buy back DIRECTLY each and every existing GoldReserve coins!




    Its simple. There is a premine (yes, it's because of the nature of this coin! Read on), which will be sold, slowly, bit by bit during the POW phase. The BTC collected on a publicly known address will be divided to 4 parts: 80-10-5-5 %.
    80% will go to the Stabilizer Fund, which will be directly converted to GOLD, and of course it will be on a publicly announced account, and everybody could check 24/7, how much GOLD is on it!
    10% will go to the dev directly (I think of it as a salary, and a fund to upgrade the coin from time to time),
    5% will go to Charity (Cancer Foundations, Animal shelters, Homeless shelters, there will be a vote to choose which one)
    5% will go to a development fund, it will be used for future improvement like anonimity (its not in it yet), merchant acceptance, etc.

    There also will be a DONATION account, both XGR and BTC, everyone welcome to send a donation, if you benefited from this coin in any way! The DONATION will be divided as the premine!




    I think all of the scams we experienced recently, are because the individuals who launched the hundreds of altcoins forgot one thing. How they will get a steady income out of their own coin? As they realized they can not have it directly from mining or trading then they did not have any other choise but to trick the money out of your pockets. I created this coin to be prosper for a long time. For reaching this goal, I have to put time and money in this project, but everyone will have the benefits of my hard work! For my work I think I deserve a percent of the profit you make with my coin. Straight and simple.



    Approximately 2-3 weeks after launch, premine will be sold entirely. The BTC amount will be divided as mentioned before. The First set of Gold will be bought, Gold account will be revealed.As there are certain problems with getting into a bigger exchange, my main focus is to start backing up the coin with Gold! Several claims get to me from the community that that should be the main goal from now on. How does it work? From 14.july 2014 I will sell a small part of the premine and I will use that to buy Gold and start the back up process with that. When the first amount will arrive at the account I will reveil the link and website where everyone can check the Stabilizer Fund 7/24!  

    From this date GOLDRESERVE is officially backed by GOLD!

    GOLDRESERVEFUND



    After POW phase over, price will fluctuate then settle at a certain level. Hopefully, the community will donate a few percentage of their gain on GoldReserve, making it possible to buy more and more Gold with that Fund. Minimum price will grow, which stimulate the price to go higher and higher.
    Along with that, merchant acceptance will be our main focus! First choise will be a site where you can buy physical gold and silver bars with XGR!




    To became a worldwide known cryptocurrency, GoldReserve should have an Exchange where XGR can trade against the 3 largest FIAT, USD, EUR, CNY (Chinese Yuan).

    Where are we now?

    22.07.2014 We have partially reached the first milestone! Our main focus is buying a weekly supply of gold to ensure the community that GoldReserve is capable of growing!



    http://goldreservecoin.com/index.html

    IRC Channel



    BlockExperts



    http://www.cryptocoinrank.com/GoldReserve

    Coimarketcap




    Please remove your miners from the pools, XGR is POS only now!




    Wallet know issue: at first launch it gives an error message, ignore that and launch again, it will then go without a problem, wait a few minutes and it will start to sync! (you can create a goldreserve.conf file and put the nodes there, that will give faster sync time)

    Windows-QT NEW!
    Windows Wallet other source


    Source: Source, please compile wallet on your system!


    New MAC wallet Ready to download!

    goldreserve.conf

    Code:
    server=1
    listen=1
    rpcuser=user
    rpcpassword=password
    rpcport=21191
    addnode=108.61.103.33
    addnode=xgr.blockexplorer.cc

    Example conf, just rename user and pass and put it in the directory under!

    About the wallet not syncing problem: I test the different wallets in 3 windows op system and they all work fine. So, to avoid the problem you have to put the example conf file exactly to the directory here:
    documents and settings\"current user"\appdata\roaming\goldreserve

    Current user is the username you gave when you installed your op system! So current user is NOT all users, NOT default user, NOT networkservice, NOT localservice but the name you gave to your computer, like James, Vader, Phoenix, anything...



    Twitter: @GoldReserveCoin
    www.facebook.com/GoldReserve


    http://bitscoinshop.com.br/en/



    Cryptopia




    Mac wallet:        1,000 coins
    TOP 100 richlist+
    Stats+  
    Block explorer:    10,000 coins

    First Pool:          5,000 coins
    First multipool:  10,000 coins


    just to clarify, multipool means a pool which mines altcoins and pays in XGR!




    - algo: X11
    - Max. coins: 40.000.000
    - Block time: 110 sec
    - Coin maturity 30 blocks
    - difficulty retarget: after 10 blocks
    - min coin age 24 hrs
    - Coin age maturity 10 days
    - block rewards:
       till block 100                  100 coins
       till block 500                  300 coins
       till block 10,000              600 coins
       till block 50,000              300 coins
       till block 100,000            100 coins


    POW phase till block 100,000
    POS interest 10% annually. POS starts at first block!


    Premine: 10% (4million)
    IPO 1:       500,000 coins
    IPO 2:       100,000 coins
    IPO 3:       100,000 coins
    Developer funds: 100,000 coins
     IPO should not be sold within 5 days or till daily volume of the exchange is more then that!


    Premine divided to 2 parts, the bigger part is remain there for staking, getting the most out of that, the rest is for buying Gold in a weekly basis!

    Old Premine wallet: GKYjhVaQFyXmQmvTnPJBp3G4imdLjTLUQh
    Because of some issues with the block explorer I had to move the premine to another address
    New Premine wallet: GRLspD83zqonHEZLicETwXbtcsUJynrC9n
    I use this wallet to pay for bounties, marketing and to buy Gold so it will slowly depleting!
    Premine stake wallet: GW2Bneyh2gaCkKfuBMY4TaLg9KcXAjeYvV
    This wallet holds the majority of the premine, it is there for staking!
    IPO1 wallet: GMCA4KpVbRLBYJzTPHWGxgyQTCkeBQqPfi
    IPO2 wallet: GeHLq23RxjTLLeLJDK7HX3MvGTkuQwyzHr
    IPO3 wallet: GedqbJSeTi4afZmRxkP7RKUSd2tbQX6Uhi



    If you donate to any of the accounts under, and you prefer that, you can leave a message at www.goldreservecoin.com an I will put your name to the donor list! (only if you give permission)


    GoldReserve Donation Acc: BTC 16g8LVMpKAREXXQNRTUkxDNCoBykouTFZ9
    GoldReserve Donation Acc: XGR GftR1m2Gh8RPsNbQBZZ2xYHbWa7ps2dp8e


    You must use sph-sgminer with darkcoin or X11mod kernel.


    Other English thread: https://cryptocointalk.com/topic/12290-goldreservegre-x11-with-unique-stabilizer-fund/#entry102070
    Chinese Translation: https://bt.irlbtc.com/view/642938
    Another Chinese forum: http://www.btclt.cn/group-663-1.html
    German board: http://altcointalk.de/Thread-ANN-GoldReserve-X11-Unique-Stabilizer-Fund
    German Bitcointalk topic: https://bt.irlbtc.com/view/645192.0
    French Bitcointalk topic: https://bt.irlbtc.com/view/671654.new#new
    Portuguese Bitcointalk topic: https://bt.irlbtc.com/view/789364.0

    This is a self-moderated topic, but only spam and inapropriate language will be removed. (1 of the posts removed, because of violating my TOS)

    GoldReserve Donation Acc: BTC: 16g8LVMpKAREXXQNRTUkxDNCoBykouTFZ9
    GoldReserve Donation Acc: XGR: GftR1m2Gh8RPsNbQBZZ2xYHbWa7ps2dp8e
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