Quote from: leigh2k14 on July 17, 2016, 07:56:01 PM

Quote from: traK4Ubitl on July 17, 2016, 07:50:08 PM

There was a countdown... What was that countdown to? Yet another botched release?

I was expecting a release today, all I saw was a pump and dump.

Orestes didn't mentioned anything about a release, he told us there would be an announcement detailing the future use of Silk.

We all didn't know where silk stood in relation to darksilk. We now know that silk will be very important to the success of darkslk! This is great news for silk investors because we can rest assured that silk is not being overtaken or shadowed by drkslk. They both are important! There will be a symbiotic relationship between the two - they depend on each other to succeed! Darksilk by itself will/could be a great coin but chances are it will end up like every other altcoin with an initial pump and then slowly die, unless we gain user adoption. To gain user adoption we need people to use it. To use it we need the value to be stable. I don't want to sell goods or services for drkslk (or any coin) that changes dramatically in price. To gain real use we need a stable currency.

It's brilliant what silk network is/has developed. A binary coin system that offers a stable currency(drkslk) with amazing features and an asset(slk) that we can invest in!

Quote from: Cryptotrader26 on July 17, 2016, 04:25:55 PM

Okay, that took me quite some time take in. Basically, were talking about a system that takes energy from one coin and moves it to another, and the same way around. This will result in a (medium to long-term) constant price in darksilk and fluctuating price in silk. Basically you're securitizing the currency with an asset, backed/managed by the Silk Network. Is this correct?

Yes, this is what i understand as well. It will be interesting to see the math behind it. Can't wait for the whitepaper!