Quote from: bamsterdam on April 02, 2017, 07:25:49 PM

Quote from: bamsterdam on March 26, 2017, 11:25:30 AM

Dev the op states that there are three members working on the project each having 15-20 years of experience. any way for the community to verify your statement? Like who are you? And why is the primine not held by an escrow and given to the development team over a period of time so the community has more security that you wont dump the primine first change when the coin get some volume.

Also how is development going? private transactions from gui where planned Q1 so that will expire in 5 days. I know this is very low marketcapcoin and cant expect to much of it if anything at all but seems little development updates going on?. maybe you could share/show some of the hard work and be honest about identities and give a little confidence to potential new investors

Quote from: bamsterdam on March 28, 2017, 12:58:20 PM

Quote from: almostdone on March 26, 2017, 05:21:16 PM

Some questions have been asked on the GUI work for the untraceable transactions. Same question was asked at Kurrent slack and was answered there. Let me give a status of this work and thoughts on it.

The original idea is this: in order to send untraceable coins, these are the steps needed now and can be done manually:
- mint the needed coins to zerocoin
- wait certain amount
- spend zerocoins, new Kurrents are generated with unrelated addresses
- send these newly generated coins to destination

the idea is to combine these steps together, so people can click on one untraceable send button, instead of going through all the steps above.

Unfortunately there are two issues here:

1. each mint/spend takes a few seconds to complete, and sometimes you have to wait a few moments in order to spend the zerocoins. This is because the zerocoin process involves some intensive processing, which takes time. This is internal in zerocoin, we don't want to mess around with zerocoin core. To make the matter worse, we can't convert any amount to zerocoin, it is only allowed to mint and spend with 1, 10, 25, 50, 100. Therefore, to send 17 coins, you'll have to mint 8 times (10 + 7x1) and spend similarly. The time delay becomes significant and makes this feature unusable.

2. To send something like 28.12 coins, you'll need to mint 29 or 30 coins, which makes the management of untraceable coins complex.

With these reasons, this feature will not be completed in Q1 timeframe (we will update our plan). We are debating if this feature is practical at all, or if so a batch process is making sense or not. We are also looking for other interesting features and would like suggestions from the community.

One thing is certain, this team is committed to long term support and development of the coin. We try our best to find time to develop new features (remember we all have daily jobs and sometimes quite busy at work). We hope the community will support us and let's make Kurrent a much better coin together.

I must say I find it a bit strange that at the end of q1 when you planned on finishing the untraceable transactions you want to debate if this feature is practicle at all? seems to me that if you are serious looking into this matter this question comes at the beginning not when you planned to have it done?

moreover all my previous questions are ignored. Like who are the devs? the say are with 3 people each with 15-20 years experience each but no way to verify it. Also the premine issue is ignored. If you want to attract serious investors you cant have a premine without escrow and anomynous devs with little to no development. And when is asked about this problem dev dont respond to it. Its a shame if you guys are committed as you say cause from your actions it seems more that you are trying to scam some people just my opinion

last try dev care to answer my questions or are you gonna ignore me for the third time? Its not if I ask strange questions ..?

Dude, join there Slack channel. More answers on there. Wink