Netcoin: Satoshi's First Vision
From Netcoin to Bitcoin, a single pivot transformed the world.
What is Netcoin?
On August 17, 2008 netcoin.org was registered, a day prior to bitcoin.org, capturing the attention of the cryptocurrency community. Evidence suggests Satoshi Nakamoto may have initially considered "Netcoin" before launching Bitcoin.
Anonymousspeech.org
In a calculated move to shield his identity, Satoshi Nakamoto turned to AnonymousSpeech, a Japanese service specializing in anonymous domain registration, to secure both netcoin.org and bitcoin.org. By utilizing AnonymousSpeech’s payment methods, such as cash, E-gold, or wire transfers to a Swiss bank account, Nakamoto left no financial trail.
Our Goal
Our aspiration as Netcoiners is to rewrite the cryptocurrency history. Netcoin seamlessly integrates tokenomics identical to Bitcoin’s, combined with wallet-.sol domains designed to store Netcoin and named after significant timestamps or prominent personalities(See Netnomics chapter). A primary objective is to acquire netcoin.org and reforge it as a monument to Satoshi Nakamoto, echoing his bold blueprint for a trustless, decentralized tomorrow.
NETnomics
NET TOKEN
The basic tokenomics for NET are explained below:
Current Supply: 20,946,742.13
Name: Netcoin
Symbol: NET
Solscan: Netcoin
URI: Metadata link
Contract Address(Ca):
7nFYpHyhDgzg3ioU2JFko5kaVwm6bjkL4MtbUiVAiYbJ
Allocation
This is where the excitement begins. The total supply is not the only feature resembling Bitcoin's structure. Many Netcoiners have contributed to the tokenomics, incorporating elements such as supply dynamics and wallet names (using .sol domains) that pay homage to significant milestones and individuals instrumental in the creation and adoption of Bitcoin.
The Netcoin distribution on Solana pays a thoughtful tribute to Bitcoin’s origins through its top holder, named “010309.sol,” a clear reference to Bitcoin’s earliest moments. The “010309” designation points to January 3, 2009, the date Satoshi Nakamoto mined Bitcoin’s genesis block. Notably, this holder possesses exactly 1,100,000 Netcoin, aligning with the amount widely attributed to Satoshi’s Bitcoin holdings. Adding intrigue, this wallet has been inactive for the past six months, creating a compelling connection between this top holder and Satoshi Nakamoto.
The wallet “finney.sol” on Solana salutes Hal Finney, a Bitcoin pioneer who received the first Bitcoin transaction from Satoshi Nakamoto. Its name serves as a meaningful nod to Finney’s vital role in cryptocurrency’s early history.
“malmi.sol” honors Martti Malmi, an early Bitcoin developer who collaborated with Satoshi Nakamoto from 2009 to 2011, coding Bitcoin’s software, creating its first forum (later BitcoinTalk), and executing the first Bitcoin-to-USD trade
Laszlo Hanyecz used 10,000 BTC to buy two pizzas, marking Bitcoin's first real-world purchase. Holding 10,000 Netcoin, he is ready to order some Domino's pizza with extra cheese and a side of garlic breadsticks to satisfy his cravings.
Community Wallets
hi_mom_send_netcoin.sol - y9oKr25qhCeUyWTYbVEPPpmUMoGFGEuMcAqGpcSBKqZ
Inspired by a story that took place in 2013, when a college student held up a sign that said, "Hi Mom, Send Bitcoin," at a College GameDay taping, and he was gifted 22.4 bitcoins by the Bitcoin community.
Use Cases:
Lock NET Tokens
The Netcoin community can send NET tokens to the hi_mom_send_netcoin.sol wallet. These tokens will be locked via Streamflow for decades!
Click HERE to see the first lock of 12,682 NET tokens which will be released in 8/8/2088 :)
SOL Donations
The secondary function of the hi_mom_send_netcoin.sol wallet is to collect SOL donations from Netcoiners to support a counteroffer to secure the netcoin.org domain.
anonymousspeech.sol - 4CB3FHea1Q278FzKrNMVtkrMqbwdsb8EBSMAHx3phwCA
AnonymousSpeech was the domain registrar that Satoshi likely used to acquire the netcoin.org and bitcoin.org domains!
Use Cases:
The anonymousspeech.sol wallet aims to purchase and offer significant .sol domain names, tied to Bitcoin history, to the Netcoin community.
Simply visit the Anonymousspeech SNS profile and make an offer (Minimum accepted offer is 30$ worth of SOL).
From the received amount, $20 will be used to purchase a new domain, and the rest will be sent to the hi_mom_send_netcoin.sol community wallet!
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