Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments

Trying the windows wallet..

If I lock the wallet, there is no way of unlocking it for staking.. (kinda main purpose in a POS wallet).

You could use a cold minting address https://github.com/NeuCoin/neucoin/blob/master/doc/faq.md and keep the spending key out of your computer.

Thats cool, thanks! But I'll be minting the normal way for the time being..

Should I expect any stake rewards any time soon ? not sure how the reward system works with Neu..

After 1.6 days (before your Neu are able to mint), it depends on how much you are trying to mint, if the your Neu are spread across multiple address in your wallet and thing like that.

Hey Sylvain, member of the NEUCOIN CODE FOUNDATION and NEUCOIN UTILITY FOUNDATION,

care to address those important questions?

Quote from: tempus on September 26, 2015, 05:37:59 PM

The adresses for this mysterious foundations... are they known/transparent?

And for Neucoin, isn't there a blockexplorer? Can't find it.

Let me guess: You don't care to address those important questions, right?

Didn't know that we have a Neucoin-team-member here... would be nice to answer those questions. There is not much communication as far as I see. The Neucoin-Forum is very quiet and it's hard (or impossible) to find important informations.

If you read the whole thread, you'll find more of us

As for answering question, since this is my personal account I tend to don't feel obligated to answer question especially when they are not technical.

And since NeuCoin is pre-mined, the coins are already in the NeuCoin blockchain and can be monitored that way (but since there is not yet an explorer) you have to do it by hand like this guy did here http://forum.neucoin.org/t/fyi-neucoin-blockchain-as-a-csv-file-can-be-read-in-excel/1685

Okay, thanks for your response. But maybe you understand, that if you guys want this project to succeed, the most important question is how to raise trust. My impression is, that most of potential investors step back when they see the premine and the tons of Neucoin in the hands of a few guys, the 100% PoS-Rate that'll double those holdings in 12 months. If I understand it right, there are just 2-3% in the hand of the community and on the market right now?

And if you read this:

"The presale proceeds were not used to develop the cryptocurrency itself (which was paid for by NeuCoins founders and strategic, accredited investors, see above). All proceeds from the token presale (4,012 Bitcoins) were held in the multisig address 3MrNuksZ1VePU3dGiSQFiouWerJUJgDkfH until the cryptocurrency launched and the tokens were delivered on September 23, 2015. Following NeuCoin's creation and launch, all presale proceeds were transferred to NeuCoins three Isle of Man-based, non-profit foundations to be used to support the decentralized cryptocurrency through core development, consumer marketing and microtranscations platform development."

...and than see this:

https://blockchain.info/address/3MrNuksZ1VePU3dGiSQFiouWerJUJgDkfH

All this little transactions... and all these adresses... that are adresses of the "non-profit-foundations"? And please don't just say "yes", because if you should be wrong that could turn into a timebomb. Maybe you followed the Paycoin-Desaster and there are always some guys watching the blockchain.

And what does it mean, "non-profit"? They're holding 80% of the supply and it will increase through 100%-staking. What's planned with that? How do you guys want to distribute it without crashing the market? Because if you don't distribute it, it also will make Neucoin worthless. In 6 months they'll hold 3.6 billions. Hard to feel comfortable with that - out of investor-perspective.