Quote from: dfox101 on November 14, 2016, 04:30:43 AM

Quote from: valley365 on November 14, 2016, 04:26:51 AM

Quote from: earnabit on November 14, 2016, 12:54:51 AM

Quote from: dfox101 on November 14, 2016, 12:40:14 AM

how do you do "proof of identity"? a pure advertisement word, or otherwise do you care to publish the algorithm?

The special algorithm is just require a unique phone number and send 1000 JCS if the user can verify its theirs. This is the only way JCS are created after the initial 8.7 trillion

So if I understand this, people have to submit their phone number (through the wallet??) to you and you may send a verification number or string, if the user enters this verification number or string through his wallet then they will receive 1000 coins?

Possibly that's what they plan to do, but just think what small percentage people on earth will claim their coins. With that huge amount of premine (>99%) this coin becomes useless.

Big profit for the developers,if they trade on exchange,imagine all users only got 0.1% of the coins while he can pour 8 trillion,the coin has no usage,no roadmap nothing on the website ,so it's a useless coin added to a long list.