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Showing 20 of 148 results by JessicaMILFson
Re: MC2: A cryptocurrency based on a hybrid PoW/PoS system
Hacking away. Simulation network is functional on some basic features. There'll be a testnet in the coming months.
any new features or insights that you want to incorporate into mc2 now after gaining exp with monero ?
How are you spending the money
1500 BTC is close to 1 million dollars.
How are you going to spend this? Where is the budget plan? How can we invest without this?
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
Bottom line is the devs don't work for you or anyone else for that matter. They work for free and on donations. There was no pre-mine or shady launch practices. If you were employing them to build and work on a coin for you then you can post criticism of missed or delayed dates. But that isn't the case we are all just investors in a promising new currency with a solid roadmap.
One thing you should know if you have ever engineered software is that "dates" are always just an estimate. Things come up at the last minute that might of been overlooked that affect the estimate release of a feature. Other times you find things that could improve the overall structure/performance of the codebase, which then require additional resources to implement. Another thing you should know is that putting pressure on a software engineer only delays the progress even more. Once you are jacked in and have a good flow going the last thing you are thinking of is a post on a forum about FUD or a delayed date. Your main focus is the logic.
I'd advise everyone to take a deep breathe and go rub one out. Go to the beach and have a couple drinks. Do something other than worry about your Cloak investment or the release of a feature. If the feature is delayed for any reason its because there is still work that needs to be done and you should take that as confidence in the development team. In my experience looking at a lot of the developers here like Darkcoin for example - they build up hype, release a feature without proper testing and it completely kills the confidence in the platform. If the dev team is taking their time to fully test a product before launching it that is not only good for the product but also good for your investment as you can expect a lot better ROI.
If you want a perfect example of what rushed software products look like just have a look at Microsoft. They set the benchmark for meeting the "release date."
One thing you should know if you have ever engineered software is that "dates" are always just an estimate. Things come up at the last minute that might of been overlooked that affect the estimate release of a feature. Other times you find things that could improve the overall structure/performance of the codebase, which then require additional resources to implement. Another thing you should know is that putting pressure on a software engineer only delays the progress even more. Once you are jacked in and have a good flow going the last thing you are thinking of is a post on a forum about FUD or a delayed date. Your main focus is the logic.
I'd advise everyone to take a deep breathe and go rub one out. Go to the beach and have a couple drinks. Do something other than worry about your Cloak investment or the release of a feature. If the feature is delayed for any reason its because there is still work that needs to be done and you should take that as confidence in the development team. In my experience looking at a lot of the developers here like Darkcoin for example - they build up hype, release a feature without proper testing and it completely kills the confidence in the platform. If the dev team is taking their time to fully test a product before launching it that is not only good for the product but also good for your investment as you can expect a lot better ROI.
If you want a perfect example of what rushed software products look like just have a look at Microsoft. They set the benchmark for meeting the "release date."
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
WARNING IF NEW TO THREAD PLEASE READ CAREFULLY
Be very careful about people posting negative things about this coin or about these devs. they are trying to make you sell your coins to them cheap. do your own homework about what this coin is all about, what the devs have already done, what they are currently working on, and what they have planned for the future.
The coin is very young, and has been developed constantly since it came out, i do not like sounding like a marketing PR guy, please do not listen to me and just look it up for yourself.
People posting obviously trolling FUD comments are not even being tactical, they are obviously pushing an agenda to take the coins from your pocket and put them in their pocket. that's the game at play.
Trade your coins at your own risk.
Be very careful about people posting negative things about this coin or about these devs. they are trying to make you sell your coins to them cheap. do your own homework about what this coin is all about, what the devs have already done, what they are currently working on, and what they have planned for the future.
The coin is very young, and has been developed constantly since it came out, i do not like sounding like a marketing PR guy, please do not listen to me and just look it up for yourself.
People posting obviously trolling FUD comments are not even being tactical, they are obviously pushing an agenda to take the coins from your pocket and put them in their pocket. that's the game at play.
Trade your coins at your own risk.
So when is this presale starting?
Still TBA...general ballpark figure is posted, but they will need confirmation with the whole team once they have the meeting.
So, this means....that there is 22,118,400 million coins released in the first 15 days, then 49,766,400 in the next 45 days? Then, 143,769,600 for another 180 days...
Making the total at 240 days = 215, 654,400 coins?
That's such a large number of coins, which makes it very difficult to achieve a >$1/coin market capitalization. It's deflationary, which I like. But it's not scarce enough to achieve >$1/coin valuation. Plus the increase amount of coins that can be possibly dumped, especially by those with the scrypt asics.
Also, 8% = 160,000,000 million premine?
Is this correct?
Making the total at 240 days = 215, 654,400 coins?
That's such a large number of coins, which makes it very difficult to achieve a >$1/coin market capitalization. It's deflationary, which I like. But it's not scarce enough to achieve >$1/coin valuation. Plus the increase amount of coins that can be possibly dumped, especially by those with the scrypt asics.
Also, 8% = 160,000,000 million premine?
Is this correct?
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
https://www.counterparty.co/sergio-lerner-completes-security-audit/
This is great news. should be pushed!
This is great news. should be pushed!
Wow. I'm really impressed. How much did you pay Sergio to get him to audit this?
Re: Appeal to the community for the development of MC2 and related technologies
Nice to see that there's an active discussion going on. How do others that have posted in this thread feel about the current inflation and issuance?
Re: Appeal to the community for the development of MC2 and related technologies
Thanks for all the nice words, everyone. I really appreciate them. 
Sure,
This is what I had going out in the newsletter:
To compare, here are the amount of total coins from PoW and PoS combined every year for 10 years:
This image shows the estimated percentage of coins generated through the sales of early stake tickets:
Donations would be first come, first serve, and coins get more expensive as we move past out initial minimum funding.
We're capped at $0.5 m USD.
Individual contributions are capped at $5k USD.
Developer contributions are capped at $10k USD and are removed from what they would be paid (including for myself).
These coins are redeemed between years 0-3 in an approximately linear distribution (so that no one donating can immediately dump a mass amount of coins into the market).
It's not exactly a donation, as we do get coins in return for our contributions, maybe he will post the crowdfunding rubic for you guys to see.
Sure,
This is what I had going out in the newsletter:
Code:
Tier Donations (USD) Tickets Coins USD per Coin
1 0 250,000 92,160 23,040,000 0.0108506944
2 250,000 375,000 40,320 10,080,000 0.01240079365
3 375,000 437,500 17,640 4,410,000 0.0141723356
4 437,500 500,000 13,720 3,430,000 0.01822157434
Total issued via stake tickets: 40,960,000
1 0 250,000 92,160 23,040,000 0.0108506944
2 250,000 375,000 40,320 10,080,000 0.01240079365
3 375,000 437,500 17,640 4,410,000 0.0141723356
4 437,500 500,000 13,720 3,430,000 0.01822157434
Total issued via stake tickets: 40,960,000
To compare, here are the amount of total coins from PoW and PoS combined every year for 10 years:
Code:
Year Coins
1 187,006,965
2 359,622,322
3 518,953,616
4 666,023,156
5 801,774,578
6 927,078,896
7 1,042,740,095
8 1,149,500,286
9 1,248,044,469
10 1,339,004,928
1 187,006,965
2 359,622,322
3 518,953,616
4 666,023,156
5 801,774,578
6 927,078,896
7 1,042,740,095
8 1,149,500,286
9 1,248,044,469
10 1,339,004,928
This image shows the estimated percentage of coins generated through the sales of early stake tickets:
Donations would be first come, first serve, and coins get more expensive as we move past out initial minimum funding.
We're capped at $0.5 m USD.
Individual contributions are capped at $5k USD.
Developer contributions are capped at $10k USD and are removed from what they would be paid (including for myself).
These coins are redeemed between years 0-3 in an approximately linear distribution (so that no one donating can immediately dump a mass amount of coins into the market).
That's a lot of coins generated per annum. Do you think it's really best to do it this way? Market Cap would be huge in order to get significant traction.