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Showing 20 of 67 results by earnabit
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Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 15/11/2016, 19:27:53 UTC
First Proof Of Identity Cryptocurrency I thought crypto currency is decentralized and anonymous and this is also subject for abuse,abuse by the users and also by the holders,once it entered the exchange,the dev will b ein full control of the trading ..Because you only have 0.000001% percent of the supply.

There is one master address with all the 8.7 trillion - (255,000 that's been given out). I will prove that the amount given out is equal to 1000 x the number of successful phone verifications. After proof of burn, this won't be an issue.
why not put premine in escrow

How would I send it out though?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 15/11/2016, 12:14:42 UTC
First Proof Of Identity Cryptocurrency I thought crypto currency is decentralized and anonymous and this is also subject for abuse,abuse by the users and also by the holders,once it entered the exchange,the dev will b ein full control of the trading ..Because you only have 0.000001% percent of the supply.

There is one master address with all the 8.7 trillion - (255,000 that's been given out). I will prove that the amount given out is equal to 1000 x the number of successful phone verifications. After proof of burn, this won't be an issue.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 15/11/2016, 03:43:51 UTC
how to get started jackcash mining?

It will just be for transaction fees. You can run the desktop client and user any sha256 bitcoin miner like bfgminer, cgminer, cpuminer, etc.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 15/11/2016, 01:50:11 UTC
What are your future plans for the development of the coin?

1. Figure out best way to spread it and get huge userbase (We are at 225 users right now)
2. Get it listed on an exchange (This is probably pretty important for 1 now that I think about it)
3. Get some news coverage hopefully
4. Huh?

So this is nothing more than a give away coin,with no feature or roadmap attach to this coin,I have a feeling that this is just a way to get as many verified phone numbers,so you can sell it to companies ..

And the supply is simply outrageous,when it hit the exchange,we will see a heavy dump from the dev
and I thought give away is not allowed here..

Be a little patient, this isn't a coin that needs to blow up in a day. There are 1000 JCS per phone number, I will publish the SMS API records to prove that that is all that has been distributed.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 23:29:34 UTC
What are your future plans for the development of the coin?

1. Figure out best way to spread it and get huge userbase (We are at 225 users right now)
2. Get it listed on an exchange (This is probably pretty important for 1 now that I think about it)
3. Get some news coverage hopefully
4. Huh?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 19:35:25 UTC
With these specs.. 10 minute blocks, difficulty recalculation every 14 days, and the sha256 hashing algorithm

The coin is easily killed. Anyone with bitcoin miners can redirect their hashes to your coin, drive up difficulty and then leave. Your chain will be stuck on high difficulty.


-edit-
LOL! just noticed 8.6 trillion coins. haha. funny.

That's always a risk, but hopefully we'll be able to maintain a high hash rate if the coin has value
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 19:04:10 UTC
Any ideas for ways to advertise this?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 11:27:45 UTC
where exchanger this coin?

I haven't started setting up an exchange. Does anyone have a recommendation?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 11:25:24 UTC
Where I can download the wallet?
Thanks in advance

I'd recommend the web wallet for now, but you can also build from source from https://github.com/JackCashInfo/jackcash
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 02:25:47 UTC
Alright, 123 users, 123,000 JackCash in circulation.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 01:32:21 UTC
Haha yes crazy,   any normal person would be crazy to give their permission for someone to read and use their phone details by clicking the 2fa for 1000 worthless jacked cash.  



Sounds like someone's gonna miss out on the JackCash wave ~~~~~
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 01:12:47 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 01:00:39 UTC
Is it restricted by IP?

Nope
Yep, updated it  Wink
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 00:54:51 UTC
how do you do "proof of identity"? a pure advertisement word, or otherwise do you care to publish the algorithm?

The special algorithm is just require a unique phone number and send 1000 JCS if the user can verify its theirs. This is the only way JCS are created after the initial 8.7 trillion
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 00:50:09 UTC
How do we know you wont abuse your access to all the jackcash earnabit?

It definitely requires a bit of trust, but its worth it for the ease of distribution. Wait until the proof of burn before investing too heavily if that's an issue for you. I'll release my Nexmo account records too to show the correct number of messages were actually sent.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 00:46:08 UTC
So...I just tried a fake SMS generator and attempted to use it on the JCS website for the giveaway - and got an error: "Phone already used"

Not going to use my real number or attempt to fake it again, for science's sake. As proof, my JCS address is 1Bup3X6n2VQbtagtTqAyNW5ikNyCT4z1y9

This means phone numbers are being spoofed out the ass so people get a larger share of this coin unfairly.

OP, either you accept this willingly, or need to change your distribution method ASAP.

Yeah, its not perfect bro. Calm down
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 00:37:17 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 00:29:53 UTC
Alright, we just hit our first 60 users!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 00:19:06 UTC
cant open my wallet with my pubblic key! what happens? It is just my problem? let me know guys..

You can't open it with the 12 word seed?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][JCS] JackCash - First Proof Of Identity Cryptocurrency!
by
earnabit
on 14/11/2016, 00:04:37 UTC


Most people only have one or two phones. If people ask to borrow other people's phones, it spreads info about the currency. Phone numbers are under the control of phone companies so its a big hassle to change them or get multiple of them. Its not perfect, but should work well enough  Undecided

You do not misunderstand.
Anyone can buy a SIM card 10-20-100 and pass the verification on your site.
Then it turns out that enormous number of coins will be in the hands of one person.

We'll worry about that when it happens