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- Coinye abstract "Coinye, formerly Coinye West, is a scrypt-based cryptocurrency that became embroiled in a trademark infringement lawsuit for using the American hip hop artist Kanye West as its mascot, despite West having no affiliation with the project. The project has since been abandoned by the original developers following West's filing of a trademark infringement lawsuit against them. The coin has been compared to Dogecoin due to its seemingly satirical nature. Coinye's global block difficulty fell from 78 to 8.5 between January 18, 2014 and March 25, 2014, indicating that the network's total processing power fell by roughly 90% during that time.Early press materials promised a proper and fair release, with no pre-allocation of coins. However, later statements from the developers confirmed that approximately 0.37% of the maximum money supply of Coinye had been reserved for the creators of the coin before launch. The developers claimed that this was to cover unexpected legal and development costs.On January 14, 2014, a representative of Coinye announced on Reddit that "the developers basically dumped all their coins on the one exchange and left the scene." Coinye's official site has since been replaced with text reading "Coinye is dead. You win, Kanye."Although the creators of the project closed down all official Coinye services and have distanced themselves from the parties they labeled “morons trying to revive this coin,” the peer-to-peer coin network is still operational and a group of volunteers has claimed that they will continue development on the coin. As of February 2014, no updates to the Coinye source code appear to have been released since the original developers' departure.".
- Coinye wikiPageExternalLink www.coinyethecoin.com.
- Coinye wikiPageID "41558953".
- Coinye wikiPageRevisionID "604108312".
- Coinye dateOfIntroduction "2014-01-07".
- Coinye image "File:Coinye.png".
- Coinye imageTitle "Official logo".
- Coinye imageWidth "110".
- Coinye inflationMethod "1".
- Coinye inflationRate "Limited release, production rate before this limit re-evaluated with the production of every block based on the difficulty with which COINYEs are produced, eventually leading up to a final total of 133,333,333,333 coins.".
- Coinye nickname "CoinYe, CoinyeTheCoin".
- Coinye plural "COINYE".
- Coinye usingCountries "International".
- Coinye subject Category:2014_introductions.
- Coinye subject Category:Alternative_currencies.
- Coinye subject Category:Cryptocurrencies.
- Coinye subject Category:E-commerce.
- Coinye subject Category:Payment_systems.
- Coinye type Currency.
- Coinye type UnitOfMeasure.
- Coinye comment "Coinye, formerly Coinye West, is a scrypt-based cryptocurrency that became embroiled in a trademark infringement lawsuit for using the American hip hop artist Kanye West as its mascot, despite West having no affiliation with the project. The project has since been abandoned by the original developers following West's filing of a trademark infringement lawsuit against them. The coin has been compared to Dogecoin due to its seemingly satirical nature.".
- Coinye label "Coinye".
- Coinye sameAs Coinye_West.
- Coinye sameAs m.0_1ghs5.
- Coinye sameAs Q15614087.
- Coinye sameAs Q15614087.
- Coinye wasDerivedFrom Coinye?oldid=604108312.
- Coinye homepage www.coinyethecoin.com.
- Coinye isPrimaryTopicOf Coinye.