Quote from: Project_Identity on April 04, 2017, 04:00:57 AM

Quote from: primeval on April 04, 2017, 03:26:50 AM

Quote from: Project_Identity on April 03, 2017, 08:53:02 PM

Quote from: gtzanap on April 03, 2017, 07:19:18 PM

Quote from: Project_Identity on April 03, 2017, 12:25:27 PM

Quote from: SockPuppetAccount on April 03, 2017, 11:57:05 AM

Scrap this. An entire year of mining amounts to about 3.18 million coins. This "fair distribution fund" is never going to come close to 1 million coins. 100k coins in the first year is even an incredibly lofty goal. Either way, by the time such a fund were to reach a significant amount, it will no longer be useful. The whole point of air drops and distributing free coins is to jump start the "network effect". That point is moot after 6 months to a year of development.

I agree completely the new Ann page won't have it. The release of the second chain will though. It's POS no mine, with air drop.

I'm confused now. There will be a second coin too? So there will never be an airdrop (or whatever you wanna call it) for zid?

The first chain is the currency the second chain will be much more and the tokens are essentially fuel for the network.

There are two chains that work in tandem with each other.

One is pure currency. One is programmable for side chains and smart contracts. Chain one you can mine. Chain two is un minable. POS running nodes will make you earn tokens.

Since chain two is premined tokens they will be given away and other rewards offered.

Chain one was no premine so unless we have a mass amount of funds for the donation it won't happen.

Like I said before things are subject to change, as we progress for the better.

Does this mean chain two will be share-dropped from the mining done in chain one? I hope that's what you mean be "premined". What would be the incentive to mine chain one after that happens though?

On a different note, the GUI wallet on Windows never worked, and it crashes after 10 seconds on Ubuntu 16.04. Works on 14.04 though. I hope there will be wallet recovery from the private key, QR code etc.

Overall, all of this is promising, but my main feedback would be to keep things simple, get a MVP out soon. You can work on more complex stuff like the medical records in future versions.

That's exactly the plan.

Givin I have a chance from work and family to sit down soon the new announcement page will have a timeline of what will be done. If you read the part that says sneak peek it implys just that. The full new page will have everything broken down into sections.

To give you a bit of information here is he basic summary.

First and foremost:

-Chain one

>improvements to upgrade current cryptonote standards
>finish block explorer
>update website, Global Blocks and pool pages.
>improve wallet and release working downloads.
>enhance terminal experience. E.g. make using simplewallet and running chain more unique
>add currency chain global ID which is basically an alias name you choose to use as your wallet address.
>create global verification for currency chain.
Those last two are why I have not worried about the wallet yet. It has a lot to do with it. For now users can download Simple wallet for both 32 and 64 bit Linux and Windows. Doesn't monero still only have simple wallet?

However if you can manage to compile the wallet with given instructions to essentially test messenger or kudos. :^)

My main mvp for now is global ID and verification.

I kind of like to out do myself and work meticulously on road map, new page and white paper

Also you can backup your wallets no problem.

Back to the timeline, meanwhile I will be working on the side creating the second chain, and all of the singularity updates. Including the top secret one. Which will be out long before the singularity.

I'm going to release each feature at a time. I'm not going to make you all wait for it to be done.

To answer your question about be two chains.

The currency is the "currency" you can mine and will always mine this until the day it maxes out.
The fuel for the network is the fuel for applications.

While you can trade ,pay ,buy fuel tokens. Only the tokens can be used to run nodes and applications per the singularity chain. These will be un minable .

I wanted to keep a simple efficient currency separate from the tokens to, keep it simple.

You will see why all this matters in time if you don't understand. Trust me

This creates more questions than answers, can you elaborate on how the two chains are related.

>I wanted to keep a simple efficient currency separate from the tokens to, keep it simple.

how does that work in favor of keeping it simple? it seems to add complexity and makes the mined coins somewhat of less value.