The total supply of Sexcoins will be limited to 250,000,000 coins. The estimated time this will happen is xx of Xxxx 20XX.
Sexcoin has a block time target of 60 seconds with 6 confirmations required. This means that transactions can be verified rapidly which is ideal for applications in adult industries.
Sexcoin is a Scrypt based coin with an initial block reward of 100 coins that reduces by half every 600,000 blocks. The current block reward is at 12.5 coins. Difficulty is re targeted every minute to ensure 1 minute block times
Sexcoin is ANONYMOUS, secure, has no charge backs and most importantly has ZERO FEES for receiving payments.
The Sexcoin team is committed to working with merchants and service providers to help achieve their goals. It is a quick an easy way to add micro transactions to you services.
Bitcoin has shown the world the future of currency, so why use Sexcoin? Sexcoin is solely targeted towards the adult sector, as such it can offer a more customized experience for its users.
In the most specific sense, a paper wallet is a document containing all of the data necessary to generate any number of Sexcoin private keys, forming a wallet of keys.
However, people often use the term to mean any way of storing Sexcoins offline as a physical document. This second definition also includes paper keys and redeemable codes.
A paper key is a single key written on paper that is used multiple times like a wallet (this is strongly discouraged). A redeemable code is a single key intended to be funded and "redeemed" only once: these are commonly used for gifts and as part of physical Sexcoin coins/notes.
QR is short for Quick Response (they can be read quickly by a cell phone). They are used to take a piece of information from a transitory media and put it in to your cell phone. You may soon see QR Codes in a magazine advert, on a billboard, a web page or even on someone’s t-shirt.
Once it is in your cell phone, it may give you details about that business (allowing users to search for nearby locations), or details about the person wearing the t-shirt, show you a URL which you can click to see a trailer for a movie, or it may give you a coupon which you can use in a local outlet.
The reason why they are more useful than a standard barcode is that they can store (and digitally present) much more data, including URL links, geo coordinates, and text. The other key feature of QR Codes is that instead of requiring a chunky hand-held scanner to scan them, many modern cell phones can scan them.
This allows for easy and quick sending of Sexcoins to the address embedding in the QR code
This is the integration of a webcam client to be directly integrated into a Sexcoin client. This would allow a webcam performer to directly interact with their clients via the integrated wallet.
The performer would then be able to directly receive payment into their Sexcoin wallet from the clients wallet.
Escrow is a service that provides a means of security in the handling of important property, funds, and documents. An escrow holder works with the Buyers, Sellers, Lenders and Borrowers ("the principals") involved in a transaction to assure funds and documents change hands at the appropriate point in time, after preset conditions have been met.
After the principals agree upon an escrow holder, the group must provide the holder with a set of written instructions, mutually agreed upon by all parties. The escrow holder then holds onto all important documents and funds until the written conditions are met for dispersal of these items. When all contingencies of the escrow instructions have been met or achieved, the escrow will be closed. This removes the risk of a party either taking payment without providing a service or goods, or the risk of a provider not being paid for their service.
If conditions of the escrow contract cannot be met , the funds held will not be disbursed to the seller and can be given back to the buying party. If there is a disagreement as to whether contract conditions have been fulfilled, an arbitration service must judge the contract according to the contract to determine who the funds belong to.
A Recurring Payment is a payment in which you (as a buyer or a sender of funds) provide an advance authorisation to a third party (such as a merchant or eBay) for a third party initiated payment, that is a charge to your account or credit or debit card directly on a one-time, regular, or sporadic basis.
Recurring Payments are sometimes called “Subscriptions”, “Automatic Payments”, “Pre approved Payments” or “Future Payments”. By providing an advanced authorisation for a third party initiated payment, you are giving the third party the ability to collect or reverse variable payment amounts from your Nominated Payment Source until such time as this arrangement is cancelled.