Quote from: SpeedDemon13 on August 09, 2014, 12:45:44 AM

Quote from: UGETHIT on August 09, 2014, 12:38:05 AM

Quote from: SpeedDemon13 on August 09, 2014, 12:30:48 AM

Quote from: Xryptbit on August 09, 2014, 12:27:19 AM

Quote from: SpeedDemon13 on August 08, 2014, 11:21:37 PM

Quote from: Xryptbit on August 08, 2014, 11:09:24 PM

Quote from: SpeedDemon13 on August 08, 2014, 11:04:16 PM

Quote from: Xryptbit on August 08, 2014, 10:12:16 PM

Whitepaper is now available for download
https://mega.co.nz/#!wM0n1YAJ!Z-fq1tMI6-yZj_cb1A_eZSUWG0CB5E04PIj0kq47-Ow

To be honest, it's kind of vague. It's no more different than what is explained on the OP. Most good whitepappers elaborate in great detail how the anon/tech is done.

How's the coin initialized before it is sent to the 2000 times around? Is the 2000 times bounce around via nodes and is a form of encryption done each time? How is the re-minting done exactly when it get's to the receiving user and what form is the encryption at the point?

Those are some question that should be answered.

Those are great questions. I´ll get our dev team to answer them and we will update the whitepaper. Thank you for your input

Your welcome. I like to help as much as I possibly can. I want to see this coin succeed where others have failed this year.

A coin is just as good its community. Members like you make being a dev a positive experince. I cant say the same for all users, we´ve come across a lot of negativity by users who seem to have time to waste. We will work to improve our coin and meet everyone´s expectations.

People will automatically FUD a coin before it's given a chance, rightfully so because of the outbreak of some many dead coins this year compared to last. People in general have to treat this like the stock market, you'll get burned once in a while and take some calculated risk.

I don't fud every coin. Just a few of the shitcoin devs who try slick talking people into mining their shitcoins. I told this dev if he posted he was premining 1668 blocks totaling 100000 of these coins that he intends to sell for btc in his OP I would stop posting. That was before this last abortion launch he did. The offer still stands.

Personally, I'd like to see the premine stay as XBIT to be used for promotions and rewards for specific work helping the coin out. Actually see the coins used to purchase specialized products and services for it. Myself, I don't like premines, but I do understand that dev have to make a little something for time and efforts. I just don't like big premines and IPO's.

The last launch was pretty bad, even though I solo-mined 6000 coins within a few hours.

Transparency is a must in anything that is business, crypto world isn't an exception to that. Transparency=Trust in business.

Transparency is a must in any line of business. We have posted premine addresses in the OP for the community to examine. We are paying out a few bounties, and encourage users to participate. If any given member has something they can give to the community and its of use for the coin, then we will reward that user. We are here to stay, and our dev work has just started.