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In nobis: confidum “In us we trust” PreOrder Almost Finished Launching August 20th, 2014 GryfenCoin
| Date post: | 13-Jan-2015 |
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In nobis: confidum“In us we trust”
PreOrder Almost FinishedLaunching August 20th, 2014
GryfenCoin
Introduction to GryfenCoinOfficial Website: http://www.GryfenCoin.com , http://www.GryfenCo.in , http://www.GryfenCryp.to
Earn Gryfencoin by mining, using the GryfenCoin network, Gaining Interest, Playing
the GryfX Crypto Options Market and for completing simple offers.
A route for anyone to get involved.
GryfX Crypto Options Market
GryfenCoin Technical SpecificationsFull Features List:● Blake 415 Algorithm● Difficulty like BTC’s - but changes every day.● Block Reward [50-50,000](max rate halves every year;50k,25k,12.5k…)● Proof of Work Super Blocks, Bonus Zones● Proof of Stake 24Hr Mint, 2.5% Monthly Rate● Block Time 60 seconds● SuperFaucet provides network interest(25% of mining fees+)● 1 Trillion coins● Embedded Cryptocurrency Options Market● Exchange microtransactions fuel physical backing of coin
GryfenCoin Proof of Work Mining
Blake 415 AlgorithmOur algorithm is a modification of the X-15 Algorithm that has become extremely popular lately. Even though the X series algorithms have a reduction in energy used we felt we could reduce the energy and lose next to nothing in security - all while securing the blockchain and adding new blocks.
The first pass of hashing is Blake - then there are 4 Algorithms picked from the X15 set picked at random that are run. GryfenCoin has ⅓ the hashing rounds but nearly the same level of security.
Sensible & environmental: Invented by Stefano Frangella, CTO GryfenCrypto.
Proof of Work continued..★ 2.5Billion Coin Premine(0.25%) -> will attract lots of traders with a good early
adopter bonus - Premine Reduction target of 250 million GryfenCoin (0.025%)★ 2.5 Billion Premine reduces to maximum of 500 Million. ★ 500 Million Maximum Limit of total supply of coins held by House Options Market,
any surplus automatically sent to the super faucet- this is to create a flow in the coin supply to bring balance - bringing inflationary and deflationary pressures equally at force to stabilize with market forces.
★ GryfenCrypto can also optionally burn off coins in our supply regardless of the total control.
The Dreaded Topic of the Premine
GryfenCoin Mining Fees50% of Mining Transaction Fees go to house: ● ¼ used for a
Superfaucet (only wallet users)
● ¼ to the GryfenCrypto House account
● ½ to go to the miners
GryfenCoin Super Faucet
GryfX.com Cryptocurrency Options
We love our users, do you love us?
Buying GryfenCoinDistribution Outline:
● Premine Backs options market ● Selling 5,000 Shares Every Week of weekly stake(2.5%) on the Premine Account● All Funds will be held in public wallets with transactions obvious and public with transaction
records● House 0.25% premine & subsequent house account holdings 0.025% are used ONLY to
back the options market and all transactions are kept public.● Any coins sold directly from premine account will be accounted for and only used to add
physical backing to ● Brokered Coins also sold
What we’re working on.Web Trading App, Android App● Working on Right now● Trading app/HTML app(gryfX)● Android App(gryfen.co) + GryfenCoin wallet
GryfenMultipool - Web based multipool● Based on Node.js● Mines Low/No Value altcoins, trades them for btc, buy gryfencoins
from exchanges
● Secure, Recordless, Instant Transaction through Proprietary Coin Mixing platform built on GryfenCoin
Multipool used either to short crappy altcoins and add to GryfenCoin’s value or to secure our secure payment network.
Intro to GryfenVault● The purpose of using an actual stored value mechanism that we can insure
means no Mt. Gox incidents, no fractional reserve lending, no losing your money period.
● We will conduct public monthly audits, and deposits are fueled by grfyX Daily Exchange Turnover
● Besides the inherent upwards price pressure due to just the mining, the electricity, the infrastructure used (like in Bitcoin), there will be the added upwards price pressure of the stored value.
Follow GryfenCoin’s SuccessSocial Media:
Twitter: @GryfenCoinFacebook:GryfenCoinReddit: GryenCoin
IPO, Shares, Coins: gryfX.com or GryfenCo.in/register
Contact: [email protected]
Get Involved in GryfenCoinFirst month stake sale of 62,500,000 GryfenCoins(4 BTC)Have GryfenCoin before anyone else.
20,000 Shares for sale @ 0.0002BTC/share or $0.12,5 cents/share.
On Launch, August 20th 2014, 1 Share will be redeemable for:G3,125 Gryfen Coins
Learn More and Buy GryfenSharesNow taking Bitcoin - Contact Us for USD/EUR/GDP/YEN
