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Re: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency
That's a great use case but it's not going to promote mass adoption...
Also, I don't think that users who are >90% down on their investment see it as anything but rubbing salt in the wounds.
I am personally struggling using Cloak to move money around the world because of its illiquidity - I am not sure how much I will get out at the other end of the transaction because of the small number of coins in the market - buying and selling 2000+ coins moves the market. And then there is the extreme price volatility, of which the less is said, the better.
Also, I don't think that users who are >90% down on their investment see it as anything but rubbing salt in the wounds.
I am personally struggling using Cloak to move money around the world because of its illiquidity - I am not sure how much I will get out at the other end of the transaction because of the small number of coins in the market - buying and selling 2000+ coins moves the market. And then there is the extreme price volatility, of which the less is said, the better.
Re: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency
The problem with most POS coins is that they have no intrinsic value.
In Cloak's case there is also inflation with no incentive to secure the network. POS3, if implemented, should go some way to resolving this issue.
At least with POW coins the minimum value of the coins is linked to the energy cost associated with mining them.
I like Cloak but it won't take much effort for a better established, better funded PoW coin to clone Enigma and leave Cloak without a unique value proposition.
I hope this doesn't happen but I feel it is inevitable. Cloak will eventually become a victim of having good technology but being too small and slow to implement.
In Cloak's case there is also inflation with no incentive to secure the network. POS3, if implemented, should go some way to resolving this issue.
At least with POW coins the minimum value of the coins is linked to the energy cost associated with mining them.
I like Cloak but it won't take much effort for a better established, better funded PoW coin to clone Enigma and leave Cloak without a unique value proposition.
I hope this doesn't happen but I feel it is inevitable. Cloak will eventually become a victim of having good technology but being too small and slow to implement.
Re: ★★DigiByte|极特币★★[DGB]✔ DigiSync v6.14.2 - DigiSpeed - Segwit -DiguSign
https://twitter.com/DigiByteCoin/status/957446201871294464
Official Digibyte Marketing Announcement:
To the DigiByte Community,
We want to start by reassuring you that the DigiByte Foundation has heard you, and we agree: It's time for some PR and Marketing!
We have heard that you want somebody who can really take the DigiByte name and branding to the next level, and we can see your hunger to contribute both with time and with crowdsourcing.
With this in mind it brings us great pleasure to announce we are hiring a PR Firm!
In true Digibyte fashion, we do not announce anything until we are "ready", however, we are in the final stages right now of our vetting process and we believe we have found "the one". We have gone through quite the process and have done a lot of due diligence on the parties involved and we are so excited for this next stage in DigiBytes growth.
However, it gets even better than that: We want to start on the 1st of February!
Never being content to rest on our laurels, this gives us approximately 4 days to move on this, and for this, we need your help. DigiByte is a decentralized blockchain, both in technology, ethos, and financing. This is your opportunity to directly be involved in the shaping of DigiByte throughout 2018, and although 4 days is not a long time, we all know just how much our dedicated community can come together and make things happen!
We have both short-term and long-term goals, with 300,000 DigiByte being our immediate goal so that we can give the go-ahead for this firm for a February 1st start, and a 1.6 million DigiByte "Stretch goal" if you were, to allow even more Marketing, advertising, brand refinement and more.
So how can you donate? Easy, we have our Marketing address, which you can view here: DRv2B21QDebJ96MEpzq6oCNkE1SY7msU2m
Now we need your help to make this a reality. We need you to spread the word to all your DigiByte friends, family, colleagues, acquaintances, and messaging and social media groups within the next 72 hours! We want to make our starter goal, but we also know just how enthusiastic our community is and so we believe we can make the "stretch" goal too and set DigiByte up for an incredible 2018.
Here's some questions we've already come across while discussing this on Telegram: - What happens with any surplus funds when we go over 1.6 million DigiByte? Anything additional will be invested as much as possible in to marketing and PR for DigiByte, however, anything remaining will eventually go into the main DigiByte Foundation wallet
Who is going to be doing the PR? This will be announced once we've reached the 300,000 DigiByte goal, when we are certain we'll have funding to be able to initiate our first phase of our Marketing plan
What will this PR firm do? They're going to help refine the DigiByte branding and aid us in taking the marketing to the next level with DigiByte, more specifics will come once the firm has been announced
Can my firm be the PR firm? Unfortunately we have already gone through a number of firms, and have spent countless hours over the last several weeks vetting and performing as much due diligence as we can. We believe we have found the best firm to assist us and are not taking any applications at this time.
Is this wallet just to go to the PR firm? This funding will be used for a variety of marketing initiatives, including but not limited to hiring a PR firm.
On behalf of the DigiByte Foundation, I am honored to announce the opening of the DigiByte Marketing wallet. This wallet is under control by ycagel from the DigiByte Foundation (And Reddit moderator who will be verifiying and confirming he has private keys), and Sinone from our core team (Also an admin in a number of our Telegram channels), so you can rest assured this is a team effort that we're all involved in at the Foundation and not a single person's initiative.
2018 is going to be an incredible year for us and we're glad to have you on this journey with us. Your contribution is vital to the success of this initiative!
Sincerely
Josiah Spackman DigiByte Foundation Ambassador
Source: https://www.reddit.com/r/Digibyte/comments/7thhu4/official_digibyte_marketing_announcement/
Official Digibyte Marketing Announcement:
To the DigiByte Community,
We want to start by reassuring you that the DigiByte Foundation has heard you, and we agree: It's time for some PR and Marketing!
We have heard that you want somebody who can really take the DigiByte name and branding to the next level, and we can see your hunger to contribute both with time and with crowdsourcing.
With this in mind it brings us great pleasure to announce we are hiring a PR Firm!
In true Digibyte fashion, we do not announce anything until we are "ready", however, we are in the final stages right now of our vetting process and we believe we have found "the one". We have gone through quite the process and have done a lot of due diligence on the parties involved and we are so excited for this next stage in DigiBytes growth.
However, it gets even better than that: We want to start on the 1st of February!
Never being content to rest on our laurels, this gives us approximately 4 days to move on this, and for this, we need your help. DigiByte is a decentralized blockchain, both in technology, ethos, and financing. This is your opportunity to directly be involved in the shaping of DigiByte throughout 2018, and although 4 days is not a long time, we all know just how much our dedicated community can come together and make things happen!
We have both short-term and long-term goals, with 300,000 DigiByte being our immediate goal so that we can give the go-ahead for this firm for a February 1st start, and a 1.6 million DigiByte "Stretch goal" if you were, to allow even more Marketing, advertising, brand refinement and more.
So how can you donate? Easy, we have our Marketing address, which you can view here: DRv2B21QDebJ96MEpzq6oCNkE1SY7msU2m
Now we need your help to make this a reality. We need you to spread the word to all your DigiByte friends, family, colleagues, acquaintances, and messaging and social media groups within the next 72 hours! We want to make our starter goal, but we also know just how enthusiastic our community is and so we believe we can make the "stretch" goal too and set DigiByte up for an incredible 2018.
Here's some questions we've already come across while discussing this on Telegram: - What happens with any surplus funds when we go over 1.6 million DigiByte? Anything additional will be invested as much as possible in to marketing and PR for DigiByte, however, anything remaining will eventually go into the main DigiByte Foundation wallet
Who is going to be doing the PR? This will be announced once we've reached the 300,000 DigiByte goal, when we are certain we'll have funding to be able to initiate our first phase of our Marketing plan
What will this PR firm do? They're going to help refine the DigiByte branding and aid us in taking the marketing to the next level with DigiByte, more specifics will come once the firm has been announced
Can my firm be the PR firm? Unfortunately we have already gone through a number of firms, and have spent countless hours over the last several weeks vetting and performing as much due diligence as we can. We believe we have found the best firm to assist us and are not taking any applications at this time.
Is this wallet just to go to the PR firm? This funding will be used for a variety of marketing initiatives, including but not limited to hiring a PR firm.
On behalf of the DigiByte Foundation, I am honored to announce the opening of the DigiByte Marketing wallet. This wallet is under control by ycagel from the DigiByte Foundation (And Reddit moderator who will be verifiying and confirming he has private keys), and Sinone from our core team (Also an admin in a number of our Telegram channels), so you can rest assured this is a team effort that we're all involved in at the Foundation and not a single person's initiative.
2018 is going to be an incredible year for us and we're glad to have you on this journey with us. Your contribution is vital to the success of this initiative!
Sincerely
Josiah Spackman DigiByte Foundation Ambassador
Source: https://www.reddit.com/r/Digibyte/comments/7thhu4/official_digibyte_marketing_announcement/
Great initiative, keep up the excellent work! 500 DGB sent from my Ledger :-)
That must be a misleading and a nasty by-line. He should be banned for that!