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Showing 16 of 16 results by canshine
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Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | update v.1.5.2.0 released
by
canshine
on 19/06/2018, 19:50:55 UTC
IncaKoin users should feel pretty content and even sanctimonious when it comes to the properties and nature of the protocol and coin itself. With the recent verdicts from the US regarding the status of ICOs now being classified as securities, you should be feeling very happy indeed NKA was not built upon an ICO platform or ported over to one. We have ourselves a real magic internet money protocol coin, rather than a premined APP coin crap/nonsense unaccountable investment scam. Of course we will see ups and downs, low volume and slow periods; this is to be expected. We have experienced true organic growth, not as much as I’m sure we would all hope for, but, its actually been pretty rapid if you’ve been trading and mining NKA since its inception.

This all being said, I’m really not sure why anyone would be wanting to implement masternodes, when investors of less than a penny can already stake mine their coins from pretty much any PC or android phone. We got a really great thing going here, not just for us, but for the billions of unbanked people across the planet who could benefit and make use of our platform if they only knew about it, and understood how to utilize it effectively for their needs of savings/speculation and money transfers. Masternodes won’t make the network any more secure than it already is. Our proof of work cements IncaKoin to the real world, but we do not depend on or need a constant growth of POW mining difficultly (and the electricity it needs) to be truly secure. Because its a POW/ proof of stake hybrid, the POS will stifle attacks, as the attackers will not know exactly when and from where the next stake will appear from; to my knowledge, to date there have been no successful attacks against POW/POS hybrid coins for this reason.

The masternode plan and hunger doesn’t even make any sense to me. If you lock up 10,000,000 NKA in a masternode, and use it to compete for the 100 NKA /block, how much will you really get?
Right now, our massive inflation rate (which we gain the benefit from as users, rather than having someone “do it” to us) of 9% every 35 days, or 93% / year. You get 900,000 NKA after the first 35 days… and it compounds.

The POW rewards currently are around 5,040,000 NKA / 35 days of which all of the hashing power chases after and gets a piece of.
So 6 masternodes (60,000,000 NKA) would yield 5,400,000 NKA if they would have just simply staked their coins, rather than compete for the shared  5,040,000 NKA as maternodes.

One nice benefit of having masternodes, would be not having to worry about keeping SHA-256 ASICs running all the time to keep the blocks moving, and also the attention it could bring us, as noobs really seems to not have any idea WTF is going, and follow the heard of a cliff, and will throw money at IncaKoin just because we would have masternodes, but thats all pretty silly in my opinion.

We have a fucking excellent product, we have stood the test of time already. Don’t screw it up following the heard off a cliff….

Once the public starts to realize that more than half the coins which exist are a bunch of non-sense ICO investment baloney promises, and how it is that a real coin operates (like our IncaKoin does). WE WIN!
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Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | update v.1.5.2.0 released
by
canshine
on 11/04/2018, 18:42:08 UTC
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Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | Latest update v.1.5.0.0
by
canshine
on 06/01/2018, 19:08:54 UTC
I've sent over several million (a week ago now I think), and it never got credited to my account. They are having problems, or something.......
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Board Announcements (Altcoins)
Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | Latest update v.1.5.0.0
by
canshine
on 06/01/2018, 11:25:06 UTC
@billium48 Yes the coin is a real thing, but at the moment the “owner” aka original organizer of its creation and his hired devs, are planning a swap into a totally new different coin with a new blockchain, and will have the exchanges and historical market data reflect that the new impostor coin is “IncaKoin” when only the name and dev team remains the same. With a new blockchain aka totally new coin with same name, all keys in wallet.dats, paper wallets or brain wallets will not be associated with any coinage within the network. If people who bought a few, and miss the time of the swap into the new coin system, they will be shit out of luck.
Just recently I had to resort to posting here in Bitcoin talk as their centrally controlled Discord channel has begun deleted peoples posts with their bot. Someone came in and posted some add for a pump and dump group sign up, and it was totally erased. Then they threaten to mute my posts.
I have been accused or everything under the sun, including trolling, FUDing, hiring dozens of prostitutes at dozens of brothels for NKA, trying to cause the coin to fall apart etc. When really I’m just trying to protect the property of buyers from the past who will likely miss the swap and lose all of their investment.
There are also issues with the swap, the devs will have custody of all of the premined coins they create to swap into, and users will also have to trust exchanges won’t lock them out or even steal their coins and shut exit scam.
Their plan of swapping is totally concealed, how it will go down, where, the details of the new coin… everything. This sets a terrible precedent for cryptos and should not be accepted by its users.
I have pointed out that people who find they have coins years from now, perhaps forgotten about, lost or misunderstood how to deal with them, may be terribly upset when they find their investment into the network in good faith, have been deleted and replaced by the core team’s new coin they have named “IncaKoin” and their percentage valuation of the network has been absorbed by all of the users who swapping into the replacement invasion-of-the-body-snatcher-coin disguised as “IncaKoin”.
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Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | Latest update v.1.5.0.0
by
canshine
on 05/01/2018, 21:30:56 UTC
A new coin pretending to be IncaKoin, with an entirely new blockchain obviously won't be the same coin. It will be code copied from other coins, started from scratch, with a genesis block. Then you will premine all of the coins to swap. It will be a new algorithm, only the name will remain the same.

Imagine the goverment swapped bitcoin's blockchain with a premined fedcoin you have to sign up with you biometrics, and merely called it "Bitcoin".
Would it still be Bitcoin? No. It would be a centralized premined shitcoin like they always make.

PS If anyone who was sold IncaKoin paper wallets is going to be looking for someone, It won't be me they are looking for!! LOL
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Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | Latest update v.1.5.0.0
by
canshine
on 05/01/2018, 21:18:04 UTC
Daystar - Today at 5:04 AM
Earlier someone has suggested that the reason I was opposed to the swap was because I would have to importprivkey my 1000 keys, and I’m too lazy. Nothing could be further from the truth, the core of my concerns lay in the discontent in the idea that people will lose control of their lawfully gained property, which is the foundation of all rights –-→ PROPERTY. Yes, property is the foundation of all rights, and by making a new coin with a new blockchain and merely pretending it’s IncaKoin, you will consciously be choosing to disconnect peoples keys from the current system of IncaKoins market supply and demand which creates its valuation. This IS a violation of their rights, as keys in cryptos are the property.
Regtable - Today at 5:14 AM
1 inkacoin is not "property"
2. i think you have a very warped view on what happens with a swap. because noone is disconnected from any thing. they either are using the coin as is or for some reason using it as a bank note system.
3. keep saying its a violation of their rights. i say your the only person who has said no and in a consensus based system unfortunatly you are the minority. this is the last i want to see of this else theres only 1 thing to do and thats to mute you then whats your word worth???

again i repeat YOU are the only person opposed to this. you are now bordering on troll level 1000 in my books and skating pretty thin ice. to put this to bed. coins are not property no matter what you say they are ficticious nothings created by computer code and given value by the millions of idiots (me included) that decide it holds something more than the current fiat system holds. do you sue your bank when they roll out new notes and give 1 month to swap or they become not legal tender?Huh?!!?!?!?!?!!?!!!!!!!!!!!!!!!!!!?!?!?!?!?!?!!?!!?!!? i could show you over £200 of coins i have that are no longer legal tender and were swapped out and which i didnt get chance to go swap at the bank for new fake coins... the biggest issue is you gave paper wallets to hookers and triads who will hunt you down if they are not to get the $1 a coin you promised.
 paper wallets are not promisary notes!   you used them as promisary notes so in any country i would probably say you broke many laws. im summising from you interactions and what you said you did with said coins on wallets. "suck it for 2000 nka worth what $20 heres a paper wallet fucked if i know how to teach you to use it. shut up and get it in there"
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Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | Latest update v.1.5.0.0
by
canshine
on 03/01/2018, 07:10:10 UTC
The masternodes will require a swap into a new coin which we will all need to pretend is the original NKA or be excluded. Then we’ll need to trust third parties and hope they don’t screw us, either the exchange, a transfer bot as well as the dev holding all the coins during the swap could totally fuck us over, or have a problem, or get hacked, or all of the above (which has been my experience watching crypto since day 1). IT’S A TERRIBLE IDEA UNLESS ITS A HARD FORK WITH NO TRUST REQUIRED!!!

It shouldn't even be an option knowing the RISK. If people holding all the cards decide to screw us all, they could hold all the existing coins, still be on the chart, and the only hit they fear is some people complaining. There would be no worry about others dumping coins to hold the price down for them, when others don't have any. It's an absolutely terrible idea. I'm still invested more than 10 BTC, I've been working on this coin since day 1, mining, trading and selling to people and am definitely completely opposed to it at this point. And if any of you have half a brain you would be too! It's not a good example for other coins and people to think its an ok practice.
We need to make a second coin with a hard fork, or upgrade. Or, is thats all impossible to pull off, sell coins and buy a coin with properties you want. Don't put the whole project at risk.

If masternodes are achieved through a swap to a brand new coin that we are all forced to pretend is IncaKoin, there will be no history. It will be another coin, of which they should use another name.
The blockchain is the history, and all keys from IncaKoin will become invalidated. The new impostor coin is like a pathological liar hosting a sock puppet army.

I hold a large percentage of the network due to all of my investment and effort aiding this project. There is no way to sell them, I'm trapped with this mess.
Swapping into a newly created coin and coercing everyone to pretend its IncaKoin is a fraud and a criminal act. It won't be IncaKoin, it will be another coin, and should be labeled as such. If wolfie or jamie want to make a new coin, they are free to, but calling it IncaKoin and lying that its the same coin is an act of pure betrayal and scam.
If anyone wants to come up with alot of BTC to buy my coins, please go ahead, keep adding BTC to support levels on exchanges until I have no coins left, then if there are no arguments from the sock puppet army, knock yourselves out with fraud. Unfortunately, Yobit stole all coins on their exchange for 2 years now, and cryptopia does not confirm my deposits now, so I'm even locked out from withdrawing $50 for what is now more than 10 BTC investment + all of my time and effort of 4 plus years
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Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | Latest update v.1.5.0.0
by
canshine
on 28/12/2017, 14:59:29 UTC
First of all I would like to apologize for causing any potential friction between us with my apprehension towards a coin swap into a new coin (with a new chain) and naming it IncaKoin.
This was not my intention, to create criticism without any real solutions or ideas offered towards our redemption.
I’m certain I do have some valid genuine points to express, in my negative feelings towards a swap, and not only my bad gut feeling about it to offer without reason.
-A new chain would invalidate old keys people are holding out there who like to gamble on many many coins, and have not stuck to a strict regiment of investment, focus and support of one project, our beloved IncaKoin in this case, and simply aren’t paying attention.
Some service could be hosted into the future for people to swap later, but its really not a clean solution in my opinion.
-Koin holders would need to trust third parties which creates risk without any added reward. Something could go wrong during the swap process, or with the sending of the coins on the older chain to a burn address. It’s also costly to have exchanges host such a process. I don’t believe individuals within our group would maliciously cause such a problem, but errors or problems could occur, and it doesn’t set a good example or precedent for other players and coins in the future to follow in our footsteps. Hopefully we could create a trust-less solution, where by trust is not needed and forced.
What I think we should do (if it were possible) would be to create a hard fork of the koin and run a second chain with all of the new features and characteristics we are seeking very much like the recent hard forks of Bitcoin which have become popularized.
Take notice with the BTC hard forks as a reference, that exchanges who already host a coin are willing to host those forks, because they already have some skin in the game. They get new coins, simply from the coins they are already holding. They don’t need to destroy the work they have already done to add or maintain the old chainon their site, or host a swap. Its a win win for them.
Of course its an inflationary event, but the same value which is chasing IncaKoin now would be divided amongst the two chains; perhaps 90/10 or 70/30 percent favoring the new chain. The old deprecated chain would still have value, but could float at potentially lower levels and that would be fine. The old chain wouldn’t need to be destroyed and could also wait for updates and hype into the future. I would guess masternodes and a hard fork would cause some effect in our favor to attract more liquidity.
As an idea, if the new client had masternodes and dark send and mix, we could call it “IncaKoin Andesite” NKAA with reference to the black or white volcanic stone used by the incans.
We could use volcanic images on the new logos, and being 2018, we could have a tiny tiny fire phoenix barely visible flying out of the apex of the volcano.
We could lovingly name him “Clucky the spicey winged fire chicken”… or maybe not..  Wink
What do you think about a new chain from a hard fork??
It gives me an ecstatic feeling when I consider it as an option, and adds features without ruining any work we’ve already done, while using the marketing and network effect which is already out there.
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Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | Mandatory update v.1.5.0.0
by
canshine
on 11/09/2017, 07:13:49 UTC
Why are the block rewards still at 3.28 NKA / block, if the fork has happened?

 Huh
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Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | Roadmap released |
by
canshine
on 18/06/2017, 19:58:49 UTC
You can count my vote in for 10,000,000 NKA per masternode, but I also agree the amount could/should be lowered (if possible) in the future.
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Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | 3rd Birthday Today |
by
canshine
on 11/11/2016, 01:32:11 UTC
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Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | Yobit - Cryptopia
by
canshine
on 09/07/2016, 17:12:00 UTC
It would seem the stake is still not functioning correctly.
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Re: [ANN] INCAKOIN ll Re branding and swap taking place soon
by
canshine
on 25/04/2016, 11:13:29 UTC
Is the swap still on?
It seems sketchy at best. and for those holding nka, but who don't know about the swap, or who even may have no idea how to do that yet at all (use a wallet, trade on exchanges etc), and only hold a paper wallet they bought for cash as an investment, will lose their investment and cry scam.
WHICH they will.

I also see the benefits of a swap, and here is what I propose for any sort of swap;
Why don't we ask for users to post nka public addresses they could sign for and verify were theirs, they guarantee they will swap over.
Then, the amount of coins premined as an ico (a new coin totally premined) will match the total exactly....

What do you all think about that?
I would swap some for sure.

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Board Marketplace (Altcoins)
Re: IncaKoin Branding submissions ended submit your vote on the poll before 4/4/2016
by
canshine
on 28/03/2016, 12:50:16 UTC
Helioscoin   HES
Suncoin       SUN

or IncaKoin would be fine with me, or with something amended to it to relate a completely new version NKA.

Like IncaKoinsun NKAS
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Re: Taiwan
by
canshine
on 26/06/2012, 16:27:27 UTC
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Re: Taiwan
by
canshine
on 12/05/2012, 17:32:25 UTC
I'm in Taiwan. thomascanshine (at) yahoo (dot)    com.