New Crypto Currency MakCoin

I’ve decided to create a new cryptocurrency I’m working on which is backed by bitcoin. The name of the coin is makcoin, named after me (the creator) Makell Bird. The idea behind this coin is to solve certain problems:

  • At the time I’m writing this, there are somewhere between 7-8 billion people in this world and I’d like to see that represented in a way where everyone on Earth could attain at least 1 whole makcoin. So, there will be 8 billion whole makcoins created.
  • There is currently no wallet to store these coins. Coins will be privately sent out, verified, and transferred via a secret SHA-256 Hash controlled by a verified list of people connected to the hash code. There is no limit to the number of makcoins 1 person can hold but 1 person can never hold all the makcoins.
  • MakCoin will be representing a 1:1 ratio on bitcoin, whereas 0.00000001 bitcoins is referred to as 1 satoshi. The initial value of a makcoin is the same in exchange. Owners can choose to own their coins publicly, meaning they can be attached to the hash code assigned to their makcoin or privately as the hash assigned to them and the coins they have are only known to the database and the database can only be adjusted by a moderator. This means that a makcoin transaction must be verified by a makcoin operator.

MakCoins will also be earned every 30 days like a “proof of stake”. Every 30 days 1% of the makcoins you hold will be adjusted and the new “staked” coins will be added to your balance.

Nothing is automated with makcoin at the moment. All transactions must be negotiated.

How it works

You will pick a username and a password. Your username and password will be assigned a SHA-256 hash code. These 4 things will be used to identify you and your wallet and all 4 things will be used to verify a transaction. You can send makcoin to someone if you know they’re username. You can identify yourself publicly with an e-mail address and your name if you want.

NEVER EVER give out your username, password, and hashcodes as someone could compromise your wallet.

Once you own a makcoin (or makcoins) you can send them to someone or someone can buy your coins. You will need to identify yourself publicly in order for them to contact you but then you can arrange to sell your makcoins directly and at your own price! You can exchange your makcoins for any other crypto currency.

Currently you will need to e-mail makellbird@gmail.com to arrange to get some makcoins or buy makcoins.

Coin No. COIN CODE OWNER / WALLET COIN TYPE ASSIGNED DATE
0 DC49BDD788E5C5DA0C54B54663A592D88873B979CABA58A366A8E23CBC425D21 D209AF2AE03B01C30FD3E85726B07A3F5B8774164C2450539FE29030A5FD85CA Genesis 06/16/17
1 65E1740E71D2A7A83AC8F5549708FA03115543AE9AFBB25C3CB9E5D4DDF19542 D209AF2AE03B01C30FD3E85726B07A3F5B8774164C2450539FE29030A5FD85CA Assigned 06/16/17
2 D3241B9E2656D02157E924639CDBE8793BD068347C0964FC32ED42A069A96E89 D209AF2AE03B01C30FD3E85726B07A3F5B8774164C2450539FE29030A5FD85CA Assigned 06/16/17
3 080FE2580D8C0C8DFBE915783D65DD0409B643B10562489AE0A3AF566CEC4FFB D209AF2AE03B01C30FD3E85726B07A3F5B8774164C2450539FE29030A5FD85CA Assigned 06/16/17
4 6389853124A78A2190A4C5630EBA4E23991314C50DD9E1645FE26EAD912D7A1E D209AF2AE03B01C30FD3E85726B07A3F5B8774164C2450539FE29030A5FD85CA Assigned 06/16/17
5 C87CD292D905E3E2BFCC80EB6994A302082A12E440AFD003F620829C9086FDF9 D209AF2AE03B01C30FD3E85726B07A3F5B8774164C2450539FE29030A5FD85CA Assigned 06/16/17
6 6EF3F41A5DA7E8D4DB0534B253571AB2609596C2D65FCCBCE38FD27734349915 D209AF2AE03B01C30FD3E85726B07A3F5B8774164C2450539FE29030A5FD85CA Assigned 06/16/17
7 7814A3F31658047A63ED707B5E59FF41D57CCD8BCCF1914A560F90FE01F4CFF9 D209AF2AE03B01C30FD3E85726B07A3F5B8774164C2450539FE29030A5FD85CA Assigned 06/16/17
8 8EE9F79D2D05DAADCBEE806F3C583DBEF3115C99E0142EC312CC66DA08FA159E D209AF2AE03B01C30FD3E85726B07A3F5B8774164C2450539FE29030A5FD85CA Assigned 06/16/17
9 D483FB36D5797CB436D359B44E7896F3205929B644E989300F690DB83BB70E80 D209AF2AE03B01C30FD3E85726B07A3F5B8774164C2450539FE29030A5FD85CA Assigned 06/16/17
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