Another question is if we send BTC, do we submit proof of it immediately? Nowhere in the instructions does it mention how to associate the BTC donation to our accounts, so it is not clear how we will be notified that our donation qualified for a witness slot.

Can you clarify what you mean by "We already have private donations to fill all 100 witness spots." Does this mean it is hopeless to get a witness slot with a 5 BTC donation now?

I have the same question. I thought we had 24 hours from when the ICO went live, but when I went to buy, the count down said there were fewer than 29 days left.

https://i.imgur.com/fRbLD4G.png


The known log is not the reason for the SDC lack of anonymity (rather it's plain old commutative property of multiplication), but this paragraph describes a good rule of thumb.

I didn't mean to put you on hold. Bitcointalk went down for me and then I was AFK.

https://github.com/MarcusAugustus/

If I can get to this in any finite amount of time, I'll just fork the repo and then rebrand the wallet for google play.

By the way, the mobile wallet is written in Java, which means the entire auxpow commit and the followup bug fixes will have to be ported to Java.

Do you remember the approximate date?


Edit: found it on the timeline: 22nd December 2014

Edit 2: this looks like the big daddy: https://github.com/viacoin/viacoin/commit/e52820f6e61c9fe14a2d4e8a495d15a32da58a9a

No I haven't tried yet. I've been amazingly busy. It would help if someone were to point me to the commit that broke it in the first place.

At 2,000 lines of code. That was a huge release too. This isn't javascript either. It's C++. It's so hard it scares most devs into web development. Here's the link to the big commit: https://github.com/Grandpa-Jones/Synergy/commit/f331299d2c9464612c04e824ed6d55b6910b5398

I started up the wallet and everything looks like it works. The dates and other info is there. I selected addresses without a problem. I did everything but join the pump. I might join the slack and be a beta tester. It looks pretty slick. I know this kind of functionality is not easy to write.

Another thing, if there was any worry about a pump group being involved you can bet there isn't. No dev who works with pump groups would make a release this big without a major pump at the same time.

For proof of work coins, that may hold true. Proof of stake coins don't respond as directly to inflation.

I think I get the drift of your topic here now that I think about it. You are honestly wondering whether you should buy in, maybe to get a jump on others before this release, if it ever comes to pass. If you can get cheap coins then you can get a good position in the pump group.

I'd say this is a legitimate concern. It looks interesting to me. I haven't looked through to see if I should get in. But what I would and might do is look through the back posts by the dev and see if he's had a good history. Does he have other to do lists, made any promises, and delivered? Then check out the github page and see if the commits show any real ability. That I can do quickly. Look at https://github.com/Grandpa-Jones/Synergy/commits/master

I count that he has 39 commits. That's quite a few for a coin this young. The question is if any in there show any knowhow. Most seem to be maintenance or bug fixes, but 3c2d471 has a bunch of new lines. Maybe you should test if that commit worked. The meat of it is a new console command called getturboredemption. Look at https://github.com/Grandpa-Jones/Synergy/commit/3c2d4719f90d8457a1a11c033204d2bf293effc0

My assessment is that this dev knows how to code, probably good enough to do what he is saying. Again, all indicators point to a good outcome. Don't blame me if the price goes down, but my best guess is that it will probably go up. The pump group is a different story. No one has tried it yet. But I think that is the point of crypto.

I don't think the to do list is a scam, but hey it's fun to throw the word scam around.

This is an interesting coin with some eclectic features. I guess I haven't heard of it because of the low market cap. The quote is unusual too and is difficult to interpret. It reminds me of the Foundation Trilogy from Isaac Asimov where a mathematician mapped out future human history with equations.

The pump group seems to be an experiment. I don't know if we can make a good prediction here. It depends on the coins and what resources the devs have to pump the coins they pick. I wouldn't buy into any coin if it's not low already. I don't think it's a bad thing to try this. It will be good for whatever coins they choose, which will most likely see a spike in value. Some coins get pumped and never go back down. This SynergyCoin seems to be a good example if you look at its price history in relation to the pumps it has had.

I'd say it's a good bet anyway, just from the charts. The market cap is still low and it responds very well to pumps.

Proof of stake coins that are working don't die on their own. So "letting" it die is not an option.

Why don't you buy some up, 51% the chain, and then kill it yourself. It would be a good use of your money if you really want to see it die.

  

Wow. The shitcoin-ness is built in by design.

I did my math wrong, but the issue is the same. This coin is in danger of a 51% attack after about 2 months (not 3 weeks like I mistakenly said). Halving takes about 11 days. 5 halvings is about 2 months. At that time the reward will be 15. By then hashes will have dropped to near non-existence and the difficulty will plummet. Then someone only needs a few MHs to drive the chain for enough confirms to double spend.

If the coin is very valuable, this is a big danger. It's happened before.

I can't wait to double spend this one.



When nHeight hits 52,000 then nSubsidy is 0 and the network is running on fees. No one will mine it and you can do what you want with a few MHs.

In fact, at about 7/block the reward won't be enough to secure the network in two weeks.

There is a reason all the big PoW only coins have a very long halving.

Prediction if the dev doesn't put in PoS or change the schedule: coin dead in 3 weeks.

Good luck. 

Core coders for a mature coin should stick to maintenance and technical improvements. Bitcoin is a good example.

Real coin life comes from third parties' implementing services around a coin.  MtGOX was a good example of a third party service that helped build the Bitcoin economy. The core Bitcoin developers did not create MtGOX.

It is unreasonable to ask core developers to continue to develop services after they have built the infrastructure around a coin. Like Bitcoin and several other coins, VIA is a platform for distributed services. If you want to breathe life into VIA, figure out how to cultivate its ecosystem. Design a service for it. Harness its unique attributes to enrich yourself and add value to VIA in the process. One thing you can't say is that the infrastructure for services is not present in VIA. It's there by design.