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词条 Coinye
释义

  1. History

     Release  Trademark infringement lawsuit  Developer departure and community takeover  Decline of use 

  2. References

  3. External links

{{Use dmy dates|date=June 2014}}{{infobox currency
| image_1 = File:Coinye.png
| image_title_1 = Official logo
| image_width_1 = 110
| image_2 =
| image_title_2 =
| image_width_2 =
| date_of_introduction = January 7, 2014
| date_of_introduction_source =
| using_countries = International
| inflation_rate = Limited release, production rate before this limit re-evaluated with the production of every block (at a rate of approximately 1 block per 90 seconds) based on the difficulty with which COINYEs are produced, eventually leading up to a final total of 133,333,333,333 coins.
| inflation_source_date =
| inflation_method = 1 reward is released per block found. Rewards halve every 100K blocks.
| symbol =
| subunit_ratio_1 =
| subunit_name_1 =
| subunit_ratio_2 =
| subunit_name_2 =
| subunit_ratio_3 =
| subunit_name_3 =
| plural = COINYE
| plural_subunit_1 =
| plural_subunit_2 =
| frequently_used_coins =
| printer =
| mint =
}}Coinye, formerly Coinye West, is an abandoned[1][2][3] scrypt-based cryptocurrency that became embroiled in a trademark infringement lawsuit for using the likeness of American hip hop artist Kanye West as its mascot, despite West having no affiliation with the project.[4][5] The project was abandoned by the original developers following West's filing of a trademark infringement lawsuit against them.[6]

History

Release

Coinye was originally slated for release on January 11, 2014, but legal pressure prompted David P. McEnery Jr. and his development team to release the source code and mining software on January 7, a few days ahead of schedule.[7] Early press materials promised a proper and fair release, with no pre-allocation of coins.[8] 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.[9] The developers claimed that this was to cover unexpected legal and development costs.

Trademark infringement lawsuit

On January 6, 2014, Kanye West's lawyers sent the development team a cease and desist order on the basis that the then-unreleased currency constituted trademark infringement, unfair competition, cyberpiracy and dilution.[10][11] In response to the legal threats, the development team changed the name of the currency from "Coinye West" to "Coinye" and moved to a new domain name.[12] By January 10, 2014, the development team stated that they had removed all references to West but instead "to a half-man-half-fish hybrid," a nod to a South Park episode in which West fails to realize why people are jokingly calling him a "gay fish."[13] These actions were not sufficient to appease West's legal team and a lawsuit was filed against the creators of the coin, prompting them to sell their Coinye holdings and leave the project.[1]

Developer departure and community takeover

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."[1] Coinye's official site was replaced with text reading "Coinye is dead. You win, Kanye." and the original website is now down.[14]

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".[15].

Decline of use

Coinye has been called "defunct" by numerous publications.[16][17][18][19] Coinye's global block difficulty fell from 78 to 1.012 between January 18, 2014[20] and May 7, 2014,[21] indicating that the network's total processing power fell by roughly 99% during that time. Had West not sued Coinye, some predictions put the hypothetical value at approximately twenty times its original worth, as of 2017.[22]By 2017, no one was trading or mining Coinye.[23]

References

1. ^{{cite news|last=Newton|first=Casey|title=Coinye developers say they're abandoning project as Kanye West escalates legal battle|url=https://www.theverge.com/2014/1/14/5308480/kanye-west-ratchets-up-legal-battle-against-coinye-operators |newspaper=The Verge |date=14 January 2014 |deadurl=no |accessdate=19 June 2014}}
2. ^{{cite web|last1=Marc|first1=Schneider|title=Kanye West Buries Coinye With Lawsuit Victory|url=http://www.billboard.com/articles/news/6190174/kanye-west-buries-coinye-with-lawsuit-victory|website=Billboard|accessdate=23 October 2015}}
3. ^{{cite web|last1=Rizzo|first1=Pete|title=Kanye West's Legal Team Take Down Spoof 'Coinye' Altcoin|url=http://www.coindesk.com/kanye-west-legal-team-take-down-spoof-coinye-altcoin/|website=Coindesk|accessdate=23 October 2015}}
4. ^{{cite web |url=http://www.nbcnews.com/technology/oh-yeezus-cryptocurrency-gets-hip-kanye-inspired-coinye-west-2D11840387 |title=Oh Yeezus! Cryptocurrency gets hip with Kanye-inspired 'Coinye West'| author=Yannick LeJacq |publisher=NBC News |date=2 January 2014 |deadurl=yes |archiveurl=https://web.archive.org/web/20140102230617/http://www.nbcnews.com/technology/oh-yeezus-cryptocurrency-gets-hip-kanye-inspired-coinye-west-2D11840387 |archivedate=2014-01-02 |accessdate=19 June 2014}}
5. ^{{cite web |url=http://www.escapistmagazine.com/news/view/130992-Bitcoin-Rival-Coinye-West-To-Launch-This-Month |title=Bitcoin Rival Coinye West To Launch This Month |author=Adam Gauntlett| publisher=The Escapist |date=3 January 2014 |deadurl=no |archiveurl=https://web.archive.org/web/20140107232313/http://www.escapistmagazine.com/news/view/130992-Bitcoin-Rival-Coinye-West-To-Launch-This-Month |archivedate=2014-01-07 |accessdate=19 June 2014}}
6. ^{{cite news|last=Winograd|first=David|title=Kanye Sues Coinye, and The Cryptocurrency’s Creators Back Down |url=http://entertainment.time.com/2014/01/14/kanye-sues-coinye-and-the-cryptocurrency-creators-back-down/ |newspaper=TIME |date=14 January 2014 |deadurl=no |archiveurl=https://web.archive.org/web/20140202122344/http://entertainment.time.com/2014/01/14/kanye-sues-coinye-and-the-cryptocurrency-creators-back-down/ |archivedate=2014-02-02 |accessdate=19 June 2014}}
7. ^{{cite web | url=https://blogs.wsj.com/digits/2014/01/07/kanyes-lawyer-moves-to-block-coinye/| title=Kanye’s Lawyer Moves to Block Coinye |author=Danny Yadron |work=Digits|publisher=The Wall Street Journal|date=7 January 2014 |deadurl=no |archiveurl=https://web.archive.org/web/20140107225209/https://blogs.wsj.com/digits/2014/01/07/kanyes-lawyer-moves-to-block-coinye/ |archivedate=2014-01-07 |accessdate=19 June 2014}}
8. ^{{cite web|last=Clark|first=Liat|title=CoinYe West: a new cryptocurrency for the masses and ode to Kanye |date=3 January 2014 |url=https://www.wired.co.uk/news/archive/2014-01/03/coinye-west|publisher=Wired |deadurl=no |accessdate=19 June 2014}}
9. ^{{cite news |last=Vega |first=Danny |title=Coinye West: 5 Fast Facts You Need to Know |url=http://www.heavy.com/tech/2014/01/coinye-west-kanye-bitcoin/ |newspaper=Heavy |date=8 January 2014 |deadurl=no |accessdate=19 June 2014}}
10. ^{{cite web|last=Rose|first=Brad|title=Infringement of KANYE WEST Mark and Other Violations |date=6 January 2014 |url=https://www.wsj.com/public/resources/documents/20140107-WSJ-coinye.pdf |publisher=Pryor Cashman LLP |deadurl=no |accessdate=19 June 2014}}
11. ^{{cite web |url=http://newsfeed.time.com/2014/01/07/bound-2-happen-kanye-west-demands-coinye-programmers-shut-down-the-digital-currency/#ixzz2pkoMJ9K0 |title=Bound 2 Happen: Kanye West Demands Coinye Programmers Shut Down the Digital Currency |author=Kyle Chayka |publisher=TIME|date=7 January 2014 |deadurl=no |archiveurl=https://web.archive.org/web/20140108030448/http://newsfeed.time.com/2014/01/07/bound-2-happen-kanye-west-demands-coinye-programmers-shut-down-the-digital-currency/ |archivedate=2014-01-08 |accessdate=19 June 2014}}
12. ^{{cite web | url=https://blogs.wsj.com/digits/2014/01/07/kanyes-lawyer-moves-to-block-coinye/| title=Kanye’s Lawyer Moves to Block Coinye| author= Danny Yadron |work=Digits|publisher=The Wall Street Journal|date=7 January 2014 |deadurl=no |archiveurl=https://web.archive.org/web/20140107225209/https://blogs.wsj.com/digits/2014/01/07/kanyes-lawyer-moves-to-block-coinye/ |archivedate=2014-01-07 |accessdate=19 June 2014}}
13. ^{{cite web | url=https://www.theverge.com/2014/1/10/5295956/coinye-cryptocurrency-responds-to-kanye-west-cease-and-desist| title=Coinye responds to Kanye complaint, says currency now based on 'half-man half-fish hybrid'| author= Adi Robertson |publisher=The Verge|date=10 January 2014 |deadurl=no |archiveurl=https://web.archive.org/web/20140110211234/http://www.theverge.com/2014/1/10/5295956/coinye-cryptocurrency-responds-to-kanye-west-cease-and-desist |archivedate=2014-01-10 |accessdate=19 June 2014}}
14. ^{{cite news |last1=Geffen |first1=Sasha |title=How much would Coinye be worth today if Kanye West hadn’t sued it to death? |url=http://www.thefader.com/2017/12/13/kanye-west-cryptocurrency-coinye-worth-2017 |accessdate=28 January 2019}}
15. ^{{cite web|last=Rizzo|first=Pete|title=Kanye West’s Legal Team Take Down Spoof ‘Coinye’ Altcoin|url=http://www.coindesk.com/kanye-west-legal-team-take-down-spoof-coinye-altcoin/|publisher=CoinDesk|accessdate=17 January 2014}}
16. ^{{cite web|last1=Higgins|first1=Stan|title=All Things Alt: Darkcoin Duels XC and the Demise of McDogecoin|url=http://www.coindesk.com/darkcoin-duel-xc-demise-mcdogecoin/|website=CoinDesk|publisher=CoinDesk|accessdate=3 June 2014}}
17. ^{{cite web|last1=O'Rourke|first1=Patrick|title=Kanye West kills the Coinye, a bitcoin-like cryptocurrency named after him|url=http://o.canada.com/technology/internet/kanye-west-kills-the-coinye-a-bitcoin-like-cryptocurrency-named-after-him|website=canada.com|publisher=Postmedia Network|accessdate=3 June 2014}}
18. ^{{cite web|last1=McGovern|first1=Kyle|title=Coinye West Is Now Out of Print|url=https://www.spin.com/2014/01/coinye-west-out-of-print-kanye-west-lawsuit/|website=SPIN|publisher=BUZZMEDIA|accessdate=3 June 2014}}
19. ^{{cite web|last1=Burt|first1=Chris|title=Kanye West Sues Digital Currency Coinye, Alleged Hosting Provider AWS|url=http://www.thewhir.com/web-hosting-news/kanye-sues-digital-currency-coinye-and-aws|website=The Whir|publisher=iNet Interactive|accessdate=3 June 2014}}
20. ^{{cite news|title=The cryptocurrency who lived twice: Coinye is back [infographic] |url=http://bitcoinexaminer.org/the-cryptocurrency-who-lived-twice-coinye-is-back-infographic/|accessdate=15 February 2014 |newspaper=Bitcoin Examiner|date=18 January 2014}}
21. ^{{cite web|title=Web Archive - CoinyeCoin Alt Explorer |url=http://altexplorer.net/chain/CoinyeCoin?hi=37282 |archiveurl=https://web.archive.org/web/20140507162622/http://altexplorer.net/chain/CoinyeCoin?hi=37282 |archivedate=2014-05-07 |publisher=altexplorer.net |deadurl=no |accessdate=19 June 2014}}
22. ^{{cite web| url=http://www.thefader.com/2017/12/13/kanye-west-cryptocurrency-coinye-worth-2017| title=How much would Coinye be worth today if Kanye West hadn’t sued it to death?| author=Sasha Geffen| date=December 13, 2017| publisher=The Fader| accessdate=August 26, 2018}}
23. ^{{cite web|title=Where some of the weirdest cryptocurrencies of the early... |url=https://www.theverge.com/2017/12/30/16796716/dogecoin-litecoin-altcoin-bitcoin-coinye-west|publisher= The Verge|accessdate=6 November 2018}}

External links

  • {{URL|https://web.archive.org/web/20140517065834/http://coinyethecoin.com/|Archived website}}
  • {{URL|https://github.com/realcoinyecoin/coinyecoin|Project source}}
{{Cryptocurrencies}}

6 : Cryptocurrencies|Currencies introduced in 2014|Alternative currencies|E-commerce|South Park|Kanye West

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