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Board Announcements (Altcoins)
Re: [ANN] Neutron (NTRN) - Simple Staking, Medium Supply, Digital piggybank
by
fusi0n
on 16/07/2017, 10:24:30 UTC
Hi all, does anyone know if there is a linux guide on Masternode setup?

Thanks in advance...
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Topic
Board Announcements (Altcoins)
Re: ★ [PND] ★ Pandacoin | Hybrid Wallet | ★ NEW PANDA THREAD ★
by
fusi0n
on 02/05/2015, 09:41:18 UTC
Not having any trouble with my wallets, I have running a 2.02 a 3.02 and an android wallet all connected well.

Some peers listed below but with 3.02 try settings options advanced and just try to reset your peers.

[
{
"addr" : "176.57.142.30:22445",
"services" : "00000001",
"lastsend" : 1430479555,
"lastrecv" : 1430479554,
"conntime" : 1430466040,
"version" : 70002,
"subver" : "/Pandoshi:3.0.2/",
"inbound" : false,
"startingheight" : 677837,
"banscore" : 0
},
....
]


Thanks! That worked, the nodes that is...

Reset peers function didn't do anything.
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Topic
Board Announcements (Altcoins)
Re: ★ [PND] ★ Pandacoin | Hybrid Wallet | ★ NEW PANDA THREAD ★
by
fusi0n
on 01/05/2015, 11:00:07 UTC
My windows wallet v3.0.2 doesn't seem to be getting any connections to the network of late.

Anyone else having the same issue?

Can anyone supply some nodes?
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Topic
Board Announcements (Altcoins)
Re: [PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync
by
fusi0n
on 16/03/2015, 21:20:02 UTC
Firstly, I do not doubt the sincerity of Mani's post(s). Secondly, I am not defending the devs (amdoge included) as I feel they have let the community down. That being said, there's a couple things I'd like to point out.

1) I do not believe PND's intention was ever to be a "pump and dump" coin. WAYYY to much work went into the coin for that to be the case imo. I remember when PND was trading for 4-5 liteoshi, and skyrocketed to 800. The dev team could have dumped then and made a killing... they didn't.

2) Assuming Mani's suspicions are correct and bdanyo has acquired ~4 billion PND at or around 1 satoshi... at today's BTC price that's nearly $12,000. That is not pocket change and it simply defies logic that ANYone would invest so much into a coin that appears to be on deaths door. You wouldn't front that much money with no faith it could be recovered.

3) Expanding on "way too much work": Pandacoin.org, the crypto crash course, hybrid wallets, reduced blockchain times, etc... that's a lot of innovations to just toss aside for a quick profit. If the whole intention was to scam people out of their money why bother with all this stuff? Just make a bunch of false promises and dump when everyone panic buys as has happened countless times in cryptos. Aside from the 100k merchants, every promise made was kept.


I'm not saying PND is or isn't dead, I'm just saying the whole shit doesn't make sense.

Some sense right here!
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Topic
Board Announcements (Altcoins)
Re: [PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync
by
fusi0n
on 16/03/2015, 21:18:52 UTC
Hey all,

It is with much sadness that I find myself having to make this announcement, usually I am a builder and do everything in my power to encourage people to carry on, and to bring hope, and that it is what I have tried to do over the last few weeks.
So it is difficult to find myself in a position where I am instead going to reverse my position and tell people to give up on something and cut their losses before they are hurt further. However there are things that must be said and based on these things I feel it is now the best course of action, the only ethical thing for me to do is to advise people against investing any further time or money in this coin.


Firstly, you will have noticed that despite my ultimatum and various impationed pleading on IRC by various community members that have given their all to their coins, amDOGE continues to flirt all responsibility, ignore everyone and won't make a basic statement. This is of course not a good sign for the coin, though nobody expects much from her ignoring people like a child at the time when the coin needs leadership is a disgrace and an insult to everyone who places trust in her.

Anyway unfortunately that isn't even what this post is about, there is more.
In my previous communications I stated that after dissapearing bdanyos accounts remained dormant - and that based on this and other things we could not believe that he was a scammer, as such myself and ozzke believed that something bad may have happened to him as it did not make sense.
Unfortunately this situation has changed, this weekend I decided to dig up the account information and look at it again, and to my surprise - at almost the same time as I made my announcement (around 4-5 March) about what was going on - the bdanyo accounts all sprung into action.
You can see them here:
http://pnd.showed.us/address/PNsD4AfYexQtuVRApcXyfjYAqZwPvagsLf
http://pnd.showed.us/address/PBYhqaA3YFbc1LXKTDpPFqBqPMP33eSiQE
http://pnd.showed.us/address/PBMjW35Ur4BpzQQ2V7sN5yqHMqqZhoY2De
http://pnd.showed.us/address/PSXKAXtZgRbdzcdNcE29UCZZ25wcHPsQpG
http://pnd.showed.us/address/PJmv2p7yx1pct3EsJM1RLiBmj58S3wzQFD

All of these accounts have been emptied into other accounts, following the blockchain trail around some of these other accounts have lots of deposits of 999998 PND into them (this is the maximum you can withdraw from bitrex at one time)
From what I can tell a lot of it ends up here:
http://pnd.showed.us/address/PQ1KbkoaEWdpYLfsaUGmbv5LmB7i1huL49
An account with 1.5 billion PND sitting in it, a substantial amount of PND. The blockchain trail is a mess and difficult to follow and of course he may have other further accounts on bittrex that haven't been emptied into ......

Hi MaNI, Hold your horses!

I'm affraid your assumptions are incorrect.

PQ1KbkoaEWdpYLfsaUGmbv5LmB7i1huL49 belongs to me and I am in no way associated with any PND devs.
Are you saying that it's not bdanyo's wallet, and it's not bdanyo manipulation?

what's up with that?

MaNI has made some major assumptions in his post and as a result caused even more panic in the community.

As I said that address belongs to me and can prove it (if required in this ever non-believing crypto world)
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Topic
Board Announcements (Altcoins)
Re: [PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync
by
fusi0n
on 16/03/2015, 01:24:18 UTC
MaNI, Thank you for making that post I know it was not an easy decision to come to but regretfully I must concur with your analysis and conclusions.  I found out about this less than 24 hours ago and i am still feel sick to my stomach we had really started something special.  For those of you who do not just wash your hands of crypto here and now in disgust and enjoyed the community led aspect of what we were trying to do please head over to pandacointalk there are still positive developments to discuss.

PhiPhi

MaNI's analysis and conclusions are incorrect.
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Topic
Board Announcements (Altcoins)
Re: [PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync
by
fusi0n
on 16/03/2015, 01:22:43 UTC
Hey all,

It is with much sadness that I find myself having to make this announcement, usually I am a builder and do everything in my power to encourage people to carry on, and to bring hope, and that it is what I have tried to do over the last few weeks.
So it is difficult to find myself in a position where I am instead going to reverse my position and tell people to give up on something and cut their losses before they are hurt further. However there are things that must be said and based on these things I feel it is now the best course of action, the only ethical thing for me to do is to advise people against investing any further time or money in this coin.


Firstly, you will have noticed that despite my ultimatum and various impationed pleading on IRC by various community members that have given their all to their coins, amDOGE continues to flirt all responsibility, ignore everyone and won't make a basic statement. This is of course not a good sign for the coin, though nobody expects much from her ignoring people like a child at the time when the coin needs leadership is a disgrace and an insult to everyone who places trust in her.

Anyway unfortunately that isn't even what this post is about, there is more.
In my previous communications I stated that after dissapearing bdanyos accounts remained dormant - and that based on this and other things we could not believe that he was a scammer, as such myself and ozzke believed that something bad may have happened to him as it did not make sense.
Unfortunately this situation has changed, this weekend I decided to dig up the account information and look at it again, and to my surprise - at almost the same time as I made my announcement (around 4-5 March) about what was going on - the bdanyo accounts all sprung into action.
You can see them here:
http://pnd.showed.us/address/PNsD4AfYexQtuVRApcXyfjYAqZwPvagsLf
http://pnd.showed.us/address/PBYhqaA3YFbc1LXKTDpPFqBqPMP33eSiQE
http://pnd.showed.us/address/PBMjW35Ur4BpzQQ2V7sN5yqHMqqZhoY2De
http://pnd.showed.us/address/PSXKAXtZgRbdzcdNcE29UCZZ25wcHPsQpG
http://pnd.showed.us/address/PJmv2p7yx1pct3EsJM1RLiBmj58S3wzQFD

All of these accounts have been emptied into other accounts, following the blockchain trail around some of these other accounts have lots of deposits of 999998 PND into them (this is the maximum you can withdraw from bitrex at one time)
From what I can tell a lot of it ends up here:
http://pnd.showed.us/address/PQ1KbkoaEWdpYLfsaUGmbv5LmB7i1huL49
An account with 1.5 billion PND sitting in it, a substantial amount of PND. The blockchain trail is a mess and difficult to follow and of course he may have other further accounts on bittrex that haven't been emptied into ......

Hi MaNI, Hold your horses!

I'm affraid your assumptions are incorrect.

PQ1KbkoaEWdpYLfsaUGmbv5LmB7i1huL49 belongs to me and I am in no way associated with any PND devs.
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Topic
Board Announcements (Altcoins)
Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open
by
fusi0n
on 12/12/2014, 15:35:51 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SUPERCOIN] Anonymous Wallet Live in V2.1.2 PoS Superblocks SUPER FAST TX!
by
fusi0n
on 09/07/2014, 12:40:02 UTC
Looks like the team is looking for a community leader... https://bitcointalk.org/index.php?topic=683032.0
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Topic
Board Announcements (Altcoins)
Re: [ANN][SUPERCOIN] Anonymous Wallet Live in V2.1.2 PoS Superblocks SUPER FAST TX!
by
fusi0n
on 09/07/2014, 11:54:53 UTC

[1] roadmap info graphic that define clear objectives
[2] video explaining the technical innovations behind Super. Jakiman made some good points about supersend, super blocks
[3] comparison chart of all anon coins with market cap


What's so difficult about providing this?


#1 needs to be done by the dev,.
#2 can be done by a community member with good video making skills. (with dev's help if needed for technical info)
#3 can be done by community member although it would be better if dev did it with specific technical differences.

#1 I can put together something graphical if Dev can give some indicative timelines on phase 2.
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Topic
Board Announcements (Altcoins)
Re: [ANN][SUPERCOIN] Anonymous Wallet Live in V2.1.2 PoS Superblocks SUPER FAST TX!
by
fusi0n
on 07/07/2014, 12:21:31 UTC
Some history lesson. Grin Grin Grin

It all started with this:

Anonymous transaction is the biggest craze right now.
I really hope super developer has plans to add anonymity.
If so, mention this on the OP. It will gain BIG interest if so.
Thanks i put it in OP under future projects.

Then this which is the beginning of Phase 2 in fact:

No. We can develop original features. The dev team is looking at a complete new way of doing anonymity, for now we can not disclose the info, but we can assure you the dev team is actively working on it.

Kindly reminding you, we did the first time PoS superblocks in all alt coin history this has not seen before.

A reply to an impatient member:
- Notice how there is no hype or pumping false hopes.

Hey this is coding and it's an art. And we do something new here and we are not planned robots, we do not work full time job on this. I wish we can. You can expect one of weekends, we got ready with this feature.  I do/can not give any exact time but i don't think it will last more than a month from my estimation. This is just a guess. You should not act according to this. Of course if we see something strange on tests it can take longer, we may fail we dont know. We have in worst case a plan to use master-nodes in a more securer way.

Some more honest replies: (this was before hard fork)

Good observations. My ETA is usually late (last minute problems and daily schedules blocks the progress) so let us work some silent mode we want it as much as you want. It'll be good surprise. And we can't work full times, we have daily jobs, so we use more time from weekends for the project, some may have urgency but we planned everything slow with SUPER so we can have more time for marketing. For this reason we made our algo halves every 45 days see?

Now an actual reply from the "dev":

Hello, I am the Supercoin dev, and I want to give an update to the community on our progress of the anonymous wallet work.

First thanks to all for your patience. We've been working hard for a few weeks, and we almost finished the basic features, and they work fine. We are doing final dev testing. We will soon (in a few days) release a new version of the client (no hardfork) that will support anon features. But we want more tests to be done with the community, so for now we will only limit the anon feature in testnet environment. It will be the same client, but the anon features will be only allowed in testnet for now. We will decide, depends on how tests go, when the features will be in real network.

So what is anon features?

Anon features hide the traces of the transaction. So basically when you want to send from A to B, instead of showing in the blockchain explicitly a transaction showing A-B, it may show A->X, then Y->B, where X, Y are some random addresses (at least from a large address pool). Of course the transaction can be further obfuscated, such as you can split the sending amount to several parts, and apply the above for each part. This way, it is virtually impossible to trace the real transaction. So it protects your privacy.

I will provide more details to our anon feature strategy and implementations later. And if you have questions, please post in the thread, the dev team will answer them as soon as possible (remember we all have our daily jobs, so please be patient Wink)

I was the one who suggested the name "SuperSend" which devs took on board: Grin Grin

Supercoin needs some fancy marketing terms! Grin

For example:

SuperSend v1 = Current Phase 1 implementation of Anon transfer.
SuperSend v2 = Revolutionary Phase 2 p2p decentralized Anon transfer that's secure and fast.
SuperSend v3 = Super secret Phase 3 implementation that will change the crypto scene forever. Tongue

Dev, if you name them with something marketable like above on the OP, we can start tweeting / spreading the new terms.
I find it interesting and useful. Thank you.

More reassurances from the dev before releasing Phase 1 anon on the live network. He also talks about Phase 2.

Thanks everyone for helping and explaining the details.  As we said, we welcome anyone to review the code and find issues so we can improve.

I can ensure you that SUPER dev team is a very qualified team, we know what we are doing. We just delivered anon features (enabled only for testnet now), please test it and give us feedback and help us to fix issues. I saw a few tested and happy with it, we need more people to test. If you need testnet coins please PM me or supercointeam, and give us your testnet address, we will send to you.

As we previously mentioned, we are also working on the phase-2 algorithm now, and the progress is very promising. Together, we will make SUPER a lot more SUPER!

FYI

(1) supercoindev is our dev acct

Now just few days after releasing SuperSend v1 (phase 1), here's the dev's response to Phase 2 just few days ago!

whats the eta for phase 2 and multipool ?
We are progressing everyday. This weekend or next we hope to set up the multipool. Phase 2 may take more, it's real complex task but we are progressing on it as well.

Another reply to the same question that keeps popping up:

We are all asking for ETA on phase two, why you not answering us?  Huh
We are working on it, difficult task.

So... Who thinks this coin is dead? Who thinks the devs are scammers? Was it worth it to FUD?
To me who's been around from nearly day 1 of this thread, I still see that the devs are working.
If this was their full time job, maybe they can code it quicker. But it's not. Need to respect that.

Buying the coins don't really help the dev one bit. Harassing them does more harm than good also. Let them work on it. Time is gold.
Help by other means such as promo videos, marketing mateirals, tweets (#supercoin) etc or even just a cheer up post for the devs.

I didn't pay them to work for me. So I don't expect them to work hard for my financial gains. You shouldn't either.

I thank the devs for what they have done so far. Keep up the great work! Grin Grin Grin

Awesome summary jakiman Grin

I see this time and time again, people fudding to buy lower and they are just hurting themselves. What's going to happen when you fud and the coin doesn't recover? You lose.

What we need is to reflect on the positives and Supercoin is a great coin. Devs are human w/ day jobs, familes, kids, normal people doing this without any payment. We should support them and help where we can.

As you can see jakiman's post has turned the market and it doesn't take much at all (not to discount your post jakiman  Grin). We should all be taking to tweeter and tweet something positive with the #supercoin tag. And I promise you the market will continue to turn.

And let's be realistic here, we will not see 15k, 20k, 30k without phase #2 and we don't want it before hand because it'll just be pure pump and dump.

What we want is organise growth, simple supply and demand. Once market starts picking up, new investors will come and market will take care of it self.
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Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS
by
fusi0n
on 25/06/2014, 03:59:37 UTC
What I'm posting here is what I've done and experienced with the SilkCoin team over the past month that I've been with them. As some of you may know I started out as an avid supporter of SilkCoin, and I became an even bigger supporter when I was added to the SilkCoin team. I would just like to notify the community of all the things I've done for SilkCoin.


These are all of the things that I've done for SilkCoin

  • I was the person who conceptualized mysilkcoin.com
  • I organized our whole team to work on a dedicated team management platform
  • I spearheaded Operation Shock & Awe
  • I designed, scripted and produced the Introductory video for SilkCoin
  • I designed all graphical elements in the OP
  • I redesigned the whole SilkCoin wallet UI to take it from what it looked originally to how it does now.
  • I came up with the SilkReich Parody video series for SilkCoin
  • I was the one who proposed the idea for the Oculus Rift Competition, and the I was the one who went about the whole process

That's not all though, I had more for SilkCoin up my sleeve. These pictures below are what would have been the new Trading page and the Eco-System launch page, everything was designed and ready I was just waiting for the developers to implement it :

New Trading Page




In total I must have spent close to 300 solid hours of work trying to take SilkCoin to the top, all to no avail. Why did I do it? I knew that if SilkCoin became one of the top 5 coins, which it had more than enough potential to do, I would never have to work again in my life. I poured everything into this coin, heart, wallet and time, so believe me that if anyone is disappointed it's me.


Whichever way you look at it now, SilkCoin is dead. I have a plan to appease everyone though. I've spoken with a few people and I plan to fork SilkCoin and release it as a new coin with new branding. See the paper here for more details : https://docs.google.com/document/d/1L8VDgnu5J6mUCFrw9WmO_TiloSdyga6BhxyNA1qPRug/edit?usp=sharing

To everyone interested in this new fork, please PM me.

Do a full rebrand and change the ticket to SLK not SC.
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Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS
by
fusi0n
on 24/06/2014, 15:33:26 UTC
As I told you the premine was divided between the devs, I sold my part for 8btc I can show you the wallet and I'm ready to reinvest it in Silkcoin. And judgecrypto was not on the dev team.
So what do we do now? We need good devs and fast..
Sorry but HOW come NONE of the DEV's can confirm this.....

Earlier today, there was a public CHAT with 3 of the Dev's and all of them have replied they did NOT get any of this premine! Seems you just dumped the coins and made minimum of 8 BTC!!!

Besides this, the DEV NOW comes forward with that he is not really a coder.... the initial launch of the coin was a scam, just a simple copy of another coin with some graphics and gui.... must admit you are good at hiding things and turning it all around in your own benefit!

If you are thinking Wulf, Judge etc.. are the other devs then no. They were part of the wider team.

I think there's Silkcoin (main guy/pm) and 2 or 3 other devs (coders)?
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Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS
by
fusi0n
on 24/06/2014, 15:29:38 UTC
Before you guys get your pitchforks out at least clarify the situation. The dev at least had the balls to come back and say here's what happened. He could've just sold everything and vanished, or tried to.
We have "proof" he is lying, none of the other dev's have been in contact with him nor did they leave the dev team as he said!

Besides this, the premine was moved to Mintpal account (more than 3 times this has been confirmed).

The DEV needs to show some proof of his actions, a screenshot would NOT do it as he can Photoshop it! He needs to transfer the amount to an OFFLINE wallet, then give it an "LABEL"  so we can see it's not to another online (exchange) wallet!

He just said he sold his share of the premine for 8 btc and no longer hold SC.
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Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS
by
fusi0n
on 24/06/2014, 15:19:53 UTC
Update about the current situation :

We posted no official statements here first of all. I have some very bad news..

I was very busy the last 2 days because 3 of the devs left the team. We are now only two left and it's impossible that we respect the timeframe without the help of other devs. We also discovered a big bug, the second the community will know about this it will be dump time.

They left because of a few big issues : they felt their work was not recognized for the last week they've been talking about that and the fud and the price crashing, they threatened to leave more then once.

But the main reason is we found 3 days ago a big flaw in the code. Fudders were right those devs were clumsy in their way of working, I just had neither the time neither the skills to check everything...

The private key problem raised my concerns since yes they were right, how could the dev do such an error? that's why I checked everything in the wallet and the code and I found out an enormous bug: transactions get confirmed à 0 confirms. This is a VERY BIG issue, they tried everything to fix it, without success and I have no news since more than 12 hours. You can try it in the wallet, 0 confirms. I spent all night trying to fix this and trying to find a solution.

I am not a dev myself, well I know how to code so I can check the overall code but can't code the eco-system or even advanced functions in the wallet.. Neither can I fix this bug. So really here I don't know what to do, no money left either as we had a LOT of expenses and never sold a single SC.

I'm deeply sorry, you know this was never the intent of this coin if it was I would've sold the premine at 8k sat.

We paid everything we owed all along including the occulus and everyone in time, and never touched the premine..
All devs took a part of the premine when they left since the wallet was shared, which was worth amost nothing compared to our costs since no buy orders were there to cover all the costs we had.

So I really don't know what to do no devs left except for me, I have ~8btc to reinvest in Silkcoin so I'm currently seeking some paid dev to continue this project.
Everyone learn this news at the same time... Once again sorry and I'm willing to find a solution with you all.

Who owns that MintPal account? Do you have access?

Show us the premine.
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Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS
by
fusi0n
on 24/06/2014, 15:04:11 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS
by
fusi0n
on 24/06/2014, 11:16:43 UTC

This is a Mintpal Address.

Don't believe me.

Buy 1 SC on Mintpal and send it to that address on Mintpal.

You cannot send from a Mintpal Address to another Mintpal Deposit address.

WTF you are right! I just tried it with 10 SC, fuck.

Message I get :

Withdraw to B4pBMP1iJJxAJLTMgvT5nHfHnrJedJLrij

Error!
You cannot withdraw back to a MintPal deposit address. Please try again.


It's clear dev is gone and we have been scammed.. Thanks.

There's no proof that it's been sold
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS
by
fusi0n
on 24/06/2014, 11:08:22 UTC
Hello everyone.

Judgecrypto gave out lots of SC in amount varying from 10-100SC in his chatroom.
He has been a strong supporter and been advertising SC from early.
If he is now concerned and believes it to be a scam then I can imagine that he feels responsible and hence would carry on posting here.

Megaman is quite different and has been posting negatively since the start.
There was an accusation that SC dev used same voice artist as a previous confirmed scam.
This was disproved by communication with said artist by one of the community members.
Furthermore: it came to light that Megaman was attempting extortion (hence getting the negative trust rating.)
This makes taking anything said by him difficult to interpret.
He is possibly quite vested in the destruction of SC purely because then his threat to a next developer about successful extortion will be more likely to work.
Every "scam" that he calls and coin that then falls whether it was a scam or not, strengthens his extortion power.


Reason for public outcry and concern at the moment is still mostly regarding the premine.
I have had a pm from someone regarding the premine and thought I will share publicly. (sorry for not replying directly)
I really don't care about it. It is only a million SC. The person who pm'd me has more than that.
I suspect Judge had more than that.

The only concerning thing would be that if the dev is planning on selling it, it probably means that they are fed up with trying to develop this particular coin (for whatever reason, maybe disillusionment or perhaps hitting a stumbling block they can not overcome, in code or in life). Regardless of the reason, it will make Megaman's prediction true and realize Judge's fears.



Options are:

1. Dev team consists of 5 people.
User:Silkcoin owns the account and could not post today.
User:Silkcoin-DevM creates an account to explain the movement of the coins and updates us on the expected wallet update and reassures everyone that things are still going as planned.
The white paper has been withdrawn for editing since community felt it is incomplete.
The implications of an ecosystem as described in the white paper might seriously affect dev life if successful.
I would not want them to continue if they are not anonymous.
If you wonder why: please look at what is happening to a guy called Kim Dotcom. Devs will almost certainly be held accountable for anything that their wallet makes possible. Including free trade. If it undermines the dollar, they will be in danger. This is also a reason Satoshi needs to stay anonymous.

In this scenario, I can imagine that the dev team might be less interested in a few people who feel cheated because they invested a few BTC and was hoping for a sure bet on a trip to the moon. If things work as they want it to work we will end up with something quite different.

Pro:
-dev team has delivered an innovative wallet (even Megaman admits that much)
-they have updated it with requests from community and did it quite fast
-this illustrates that dev have capability more than just cut and paste
-they released a white paper containing their future plan, no negative comments on the actual content, possible killer feature
-Silkcoin already an established name and on exchanges
-the price fluctuation might mean newcomers get a chance to adopt the coin and it might break monopoly
-all above reasons to stick with Silkcoin rather than starting a new project

Con:
-team member who posted is not known and only has 1 post, no proof that he/she is actually in dev team
-premine could be consolidated on an exchange
-update is late today


Possible resolution and explanation:
1. Dev team releases wallet update by 8pm GMT as expected. This includes Mac compile and possibly previously advertised feature (game/betting/tradebot) which might be the reason for the delay. White paper is in the process of revision and is released on Friday.
User:Silkcoin posts and validates User:Silkcoin-DevM identity. Some token payout from premine address to reassure community about dev commitment.

2. Dev stays offline, no new updates and premine is sold. <--- worst case scenario!


Either way:

Hammering on about premine won't make any difference.
Priorities for dev team: 1. protect yourself and your identity. 2. develop coin

The community does not matter, it is nice if people feel a sense of optimism and belonging but we don't actually need a community for the coin to succeed (unless by community you mean a % of the population on earth), we need development and innovation. I would prefer if the dev team don't post and just keep coding. Smiley
The good the community can do is to try and distribute the coin. Sometimes that means scaring the whales and people who hold 1mil SC into selling most so others can get in cheaper. (If everyone has 1mil coins then only 45 people will be in the network. That is not good. The only people who should have that much is the dev fund to help grow the coin.)


TLDR:
If User:Silkcoin posts wallet update at 8pm GMT then all is well and people can relax.
All the angst in this thread is unnecessary and won't make any difference to anyone.



Note to Megaman and Judgecrypto:
Please be careful with any advice.
If there is the slightest chance that you are wrong about the future of the coin and someone sold all their SC (even if it was for profit) and it then shoots up to Darkcoin levels, there will be people who are very unhappy and hold you responsible. Sometimes even the best-meant advice can backfire. Nobody can be 100% sure of anything.





Keep calm...
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS
by
fusi0n
on 24/06/2014, 07:15:57 UTC
Hello everyone.

Judgecrypto gave out lots of SC in amount varying from 10-100SC in his chatroom.
He has been a strong supporter and been advertising SC from early.
If he is now concerned and believes it to be a scam then I can imagine that he feels responsible and hence would carry on posting here.

Megaman is quite different and has been posting negatively since the start.
There was an accusation that SC dev used same voice artist as a previous confirmed scam.
This was disproved by communication with said artist by one of the community members.
Furthermore: it came to light that Megaman was attempting extortion (hence getting the negative trust rating.)
This makes taking anything said by him difficult to interpret.
He is possibly quite vested in the destruction of SC purely because then his threat to a next developer about successful extortion will be more likely to work.
Every "scam" that he calls and coin that then falls whether it was a scam or not, strengthens his extortion power.


Reason for public outcry and concern at the moment is still mostly regarding the premine.
I have had a pm from someone regarding the premine and thought I will share publicly. (sorry for not replying directly)
I really don't care about it. It is only a million SC. The person who pm'd me has more than that.
I suspect Judge had more than that.

The only concerning thing would be that if the dev is planning on selling it, it probably means that they are fed up with trying to develop this particular coin (for whatever reason, maybe disillusionment or perhaps hitting a stumbling block they can not overcome, in code or in life). Regardless of the reason, it will make Megaman's prediction true and realize Judge's fears.



Options are:

1. Dev team consists of 5 people.
User:Silkcoin owns the account and could not post today.
User:Silkcoin-DevM creates an account to explain the movement of the coins and updates us on the expected wallet update and reassures everyone that things are still going as planned.
The white paper has been withdrawn for editing since community felt it is incomplete.
The implications of an ecosystem as described in the white paper might seriously affect dev life if successful.
I would not want them to continue if they are not anonymous.
If you wonder why: please look at what is happening to a guy called Kim Dotcom. Devs will almost certainly be held accountable for anything that their wallet makes possible. Including free trade. If it undermines the dollar, they will be in danger. This is also a reason Satoshi needs to stay anonymous.

In this scenario, I can imagine that the dev team might be less interested in a few people who feel cheated because they invested a few BTC and was hoping for a sure bet on a trip to the moon. If things work as they want it to work we will end up with something quite different.

Pro:
-dev team has delivered an innovative wallet (even Megaman admits that much)
-they have updated it with requests from community and did it quite fast
-this illustrates that dev have capability more than just cut and paste
-they released a white paper containing their future plan, no negative comments on the actual content, possible killer feature
-Silkcoin already an established name and on exchanges
-the price fluctuation might mean newcomers get a chance to adopt the coin and it might break monopoly
-all above reasons to stick with Silkcoin rather than starting a new project

Con:
-team member who posted is not known and only has 1 post, no proof that he/she is actually in dev team
-premine could be consolidated on an exchange
-update is late today


Possible resolution and explanation:
1. Dev team releases wallet update by 8pm GMT as expected. This includes Mac compile and possibly previously advertised feature (game/betting/tradebot) which might be the reason for the delay. White paper is in the process of revision and is released on Friday.
User:Silkcoin posts and validates User:Silkcoin-DevM identity.
Some token payout from premine address to reassure community about dev commitment. (This last part not really necessary but a nice-to-have.)

2. Dev stays offline, no new updates and premine is sold. <--- worst case scenario!


Either way:

Hammering on about premine won't make any difference.
Priorities for dev team: 1. protect yourself and your identity. 2. develop coin

The community does not matter, it is nice if people feel a sense of optimism and belonging but we don't actually need a community for the coin to succeed (unless by community you mean a % of the population on earth), we need development and innovation. I would prefer if the dev team don't post and just keep coding. Smiley
The good the community can do is to try and distribute the coin. Sometimes that means scaring the whales and people who hold 1mil SC into selling most so others can get in cheaper. (If everyone has 1mil coins then only 45 people will be in the network. That is not good. The only people who should have that much is the dev fund to help grow the coin.)


TLDR:
If User:Silkcoin posts wallet update at 8pm GMT then all is well and people can relax.
All the angst in this thread is unnecessary and won't make any difference to anyone.



Note to Megaman and Judgecrypto:
Please be careful with any advice.
If there is the slightest chance that you are wrong about the future of the coin and someone sold all their SC (even if it was for profit) and it then shoots up to Darkcoin levels, there will be people who are very unhappy and hold you responsible. Sometimes even the best-meant advice can backfire. Nobody can be 100% sure of anything.

Jacqul for community manager!  Grin Grin Grin
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS
by
fusi0n
on 24/06/2014, 01:40:57 UTC