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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 08/06/2018, 20:58:58 UTC
Join the discussion over at :   
https://bitcointalk.org/index.php?topic=3795734.0
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 08/06/2018, 20:56:55 UTC
Dear Friends, I got 1Million Funk frim Cryptopia.co.nz
Do i need swap them or do anything?
please help me
thanks

If you want Soniq you will need to swap your FUNK for them.
Please go to https://soniqproject.com/ and choose "Get Soniq".
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Re: ★★★ GameCredits - The future of in-game monetization ★★★
by
soundposition
on 22/05/2018, 16:41:37 UTC
"We expect to have an update this week, and will have a separate post dedicated to that."

https://medium.com/gamecredits/gamecredits-and-mobilego-development-report-may-22nd-295e9d47b552
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 20/05/2018, 19:34:36 UTC
When you say supply I presume you to mean available supply. All of the available supply during the burn process will be able to be burned into Soniq. The total supply of FUNK will continue to increase according to it's parameters, however after the burn process has completed, none of those new FUNK coins will be able to be converted into Soniq.

Of course that point you could sell newly mined FUNK for LTC and swap the LTC for Soniq sold on the market.
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 16/05/2018, 16:13:32 UTC
I'm not completely sure. It looks to me from looking at the log that you are having internet connection problems.
I'll ask the wallet dev to see if he has the answer. I'll get back to you.
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 30/04/2018, 15:58:59 UTC
Interesting comments on here about forks, and coin swaps.

I do think more thought needs to go into implementing either of these option.

I also fail to understand why anything needs doing, this coin has survived with little or no direction, and only needs a few people to pick up the lead and this coin will do well.

Where are people mining this to ?

Yes, it's pretty quite again but I think they are actually working on it. I just hope they can also get sonic directly listed on Cryptopia...otherwise the swap/burn might not be worthwhile for anyone. It's to bad we're losing such an old blockchain, but it might be for the best !

The first version of the Soniq website is on target to be launched early May. The FUNK chain will still function after the Burn, and it will result in a reduction of supply in FUNK, thereby increasing the rarity and hence the value of your FUNK. You aren't losing the FUNK blockchain, you are simply gaining a new token on a new blockchain (Ether).
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 11/04/2018, 00:37:56 UTC
Let me clarify some things. When you burn a coins supply, it reduces it's supply it doesn't eliminate it. In this case due to the low volume of FUNK, a supply reduction will actually solve a lot of it's economic problems. FUNK will continue to exist, merely it's supply will be reduced, making each FUNK more rare and hence potentially more valuable.

Airdrops are nice for investors, or people who don't want to take any risks but they also encourage dumping which can harm the economics of the coin. We prefer an EarnDrop where each person that does something to support the project is rewarded with some tokens. It encourages people as an incentive to do something beneficial to support the project. It's not something we have decided yet, however it's an important consideration.

So we'll send FUNK tokens to a burn address (good for the remaining FUNK) and get SONIC for them (good for new project).

Sounds like a win-win for both projects  Cheesy

Beside coins are not actually burned, they are just going to be held by whoever has 'burning' address, and could be brought back to the market (at the higher price).

They kind of enforcing sonic, which is not good for people that want to hold coin (funk) instead of token (sonic).

Why not have both?

EDIT:

Lets use appropriate terms first. There is no burn at all, there is a COLLECTION and that is different.
Burn would consider releasing a new wallet with updated core. Such release would have to be a hard fork, and require exchanges update as well. Cryptopia would have to update the wallet too. That would be a burn.

What they are doing is COLLECTING  the FUNK coins. If something is collected it means it could be released back to the market.
So what they are trying to do is to collect as much FUNK as possible to have control over it, and then to give newly printed tokens to the people in some ratio.
Once FUNK is collected it could be easily pumped, and it will look that some other guys and not SONIC team is doing it.

It is not the most honest way of doing things.

Wrong. FUNK will be burned for real actually. Those who decide to burn it for Soniq will have to send FUNK to unspendable address. Those addresses will be published and they lack private key, so the coins will be deducted from supply for good.

That's correct. A burn means that the coins are sent to an UNSPENDABLE address, which means they cannot be brought back into the market.
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 10/04/2018, 13:20:25 UTC
Let me clarify some things. When you burn a coins supply, it reduces it's supply it doesn't eliminate it. In this case due to the low volume of FUNK, a supply reduction will actually solve a lot of it's economic problems. FUNK will continue to exist, merely it's supply will be reduced, making each FUNK more rare and hence potentially more valuable.

Airdrops are nice for investors, or people who don't want to take any risks but they also encourage dumping which can harm the economics of the coin. We prefer an EarnDrop where each person that does something to support the project is rewarded with some tokens. It encourages people as an incentive to do something beneficial to support the project. It's not something we have decided yet, however it's an important consideration.

So we'll send FUNK tokens to a burn address (good for the remaining FUNK) and get SONIC for them (good for new project).

Sounds like a win-win for both projects  Cheesy

Exactly! You've got it!
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 10/04/2018, 12:15:13 UTC
Let me clarify some things. When you burn a coins supply, it reduces it's supply it doesn't eliminate it. In this case due to the low volume of FUNK, a supply reduction will actually solve a lot of it's economic problems. FUNK will continue to exist, merely it's supply will be reduced, making each FUNK more rare and hence potentially more valuable.

Airdrops are nice for investors, or people who don't want to take any risks but they also encourage dumping which can harm the economics of the coin. We prefer an EarnDrop where each person that does something to support the project is rewarded with some tokens. It encourages people as an incentive to do something beneficial to support the project. It's not something we have decided yet, however it's an important consideration.
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 05/04/2018, 16:02:22 UTC
CoinMarketCap has relisted FUNK as active in the markets.
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Merits 10 from 1 user
Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 08/03/2018, 02:40:07 UTC
⭐ Merited by shavers (10)
FUNK devs, why not to try to list FUNK in some small exchanges, in order to try to get some more people involved in trading the coin?

I recommend: Trade Satoshi, BTC-Alpha, Stocks.Exchange, ...

Well there are no active FUNK devs i know of. Unless someone take over it.

I thought you are the dev!?

We are the devs! What he meant was FUNK is going to be swapped for Soniq, which is what we are all working on.
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 21/02/2018, 23:29:55 UTC
https://chainz.cryptoid.info/funk/ still working well. How long we have android funk wallet ?

How long have we had an Android FUNK wallet? I think for about a year now:

Cypherfunk Electrum http://files.cryptodepot.org/cypherfunk-android-electrum.apk – Electrum client for Cypherfunk for Android.
Checksum: A9D56B3AB6E97805E348D08BDC3E5CE62646E6E54922D929BEF2FA33F416D32C
http://onlinemd5.com can be used to verify the above SHA-256 checksum.

This is from:
http://cryptodepot.org/downloads/
A big thanks to Jommy99 at CryptoDepot.org
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 15/02/2018, 00:49:18 UTC
We have a music player setup for the new project, it's not finished but it's a nice start:
https://soniqplayer.com
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 08/02/2018, 04:25:21 UTC
Simple Poll APP [6:54 PM]
Vote for Soniq's max supply
:one: 25 million
:two: 50 million    `3`
@Nele, @vuksan, @Alex
:three: 75 million
:four: 100 million
:five: 500 million    `1`
@soundposition
:six: 1 billion
:seven: 2 billion    `3`
@webdeveloper, @soundposition, @kuveke
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 08/02/2018, 04:15:44 UTC
Hi everyone. i`m a beginner at this, and i have a question:
The funks i have at cryptopia, will the be switched to the new token?
Sorry for my bad english Smiley

Your English is good actually Wink
To answer your question - no, not by default. You will be able to convert your FUNK coin to Soniq token though, if you wish and as much as you wish.
We will allow up to 50 billion FUNK coins burned. The window will be open for at least several months, but that's yet to be decided.
Soon, Soniq project team will publish token burning app where you'll be able to submit your email, your soniq address and provide you with funk address.
FUNK coins you send will then be deducted from total supply (burned) and new, Soniq tokens will be sent your way.

I hope this helps clarify things a bit Wink

That was very well explained! The app will be futuristic, and amazing most importantly able to exchange FUNK into SONIQ.

Win + Win is the future!
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 05/02/2018, 20:06:17 UTC
I have a doubt: when cryptopia fixes the LTC market, will the FUNK be removed out from the BTC market?
In that case, it may easily fall again to ~5 litoshi since there's no news so long ago about the future of the coin.  Undecided

Read the last few pages carefully and you'll know more about the future of the coin and why it won't go down to 5 litoshi.

if you refer to the tokens and at the ratio 500: 1 and blah-blah-blah ... I think this fairytale already lasts about 3 years old, right?
And plz, do not be ironic with me. I said 5 litoshi because the coin really stayed around this value for a long time, and I think it's perfectly possible it back again since the coin remains only on LTC market.
If you do not know the answer to my question (if the coin will be removed from the BTC market when cryptopia fixes the LTC market) then do not say anything.


No, the coin swap ratio along with the token name and other important updates were revealed here by the team recently ( but I won't bother you with that,
since it's a blah-blah-blah and a fairytale) .

That's why the FUNK was trading at 20-25 lit before the LTC market was closed and that's why you won't see it @5 lit anytime soon.

Read more carefully and try not to be so disrespectful to the guys who are working on this project.


And you, try not to be so disrespectful with the people asking questions here (especially when you do not know the answer)... BTW, you did not answer anything about my question. Good luck with your token. I've heard of them for long three years.


Thanks for keeping track of the project for three years! You're a trooper!! author:AOXCRYPTOS
blah blah blah!
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 02/02/2018, 18:52:24 UTC
from what I understand, the development team is planning to reboot this in a serious manner, but they aren't quite ready yet. Plan is to issue a new token, with a 500:1 swap, and then burn those coins, which should make the token AND the coin much more valuable, as there is a rather high supply right now.


Since we won't use the old chain anymore (and some people want to keep the old chain alive), why not do an airdrop for FUNK holders of the new token instead of a swap?
It has many advantages:

- For holders; you get both tokens
- For FUNK supporters; airdrops drive the value up, you get new tokens without giving up on FUNK and the old chain continues to exist
- For SONIC supporters; you can sell your FUNK for higher prices (because the airdrop drives up value) and get more money to develop SONIC.

Sounds like a win-win-win to me?

We are seriously considering doing an airdrop and swap, there is support for it from some of the team. I'll keep you posted.
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 11/01/2018, 14:28:12 UTC
Ok, I just tried several times to compile under Ubuntu 16.04, and it won't do it. Boost errors. I tried installing the ancient version of Boost that it calls for in the docs, Still get the same errors. I can probably set up a vm with an old version of Ubuntu and compile that way, but this is going to cause problems. Makes me wonder if that's why Cryptopia has had the wallet in maintenance since before the current meltdown?

There needs to be a code update to bring it current. Boost has changed, and various things are going to break because of that. I haven't sufficient skill to do this, but if somebody in the Funk community wants to make a new branch and update it, I'm more than willing to test the code.

Note, I'm not talking fundamental changes here, nothing to the protocol. Just an update from the four year old codebase.

There is not any need to update the code to make it current. FUNK has worked just fine for all the years of it's existence. Sure people are miffed by the difficulty changes, and intermittent non-sync times. The blockchain still moves along just fine.

Simon didn't even bother tampering with the code because he didn't remember what dependencies were required to recompile. He was intending to launch a new coin too based on some Verium PoST. In fact it's his white paper that I modified for the new token. I simplified it and made it more do-able. If you dig way back into the forum you can find his old white paper.

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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 09/01/2018, 17:25:26 UTC
Wow, am so happy seeing all these comments. @soundposition, Can you please work hand in hand with these people.

What we all need is to see Funk doing well and not empty promises without results

I'd suggest @soundposition. Can you please create a telegram(Or any other) group and send link to these people even Hashunlimited, fix a date and time, then resolve this once and for all then update us.

See here's the thing. Getting locked into deadlines is a mistake that we've already learned from. Once you start making promises, you create greater expectations, and more disappointment results. We will fix the problems with FUNK by launching the new token on the ETH blockchain. We will do it on our time schedule, when it is convenient for us, because we are the ones doing it and that is the way we have chosen to do it. We aren't going to make artificial promises that we will accomplish this by that date.

We have lives and some of us are busy. We accomplish tasks at the rate in which we are able to comfortably and reliably. Now that there are issues arising from the problems at Cryptopia, it has accelerated the pace at which we are working to launch this project successfully.

The team has grown today as several people joined and are providing assistance to the project. It's very exciting for us on our slack as we nail down the final pieces and prepare for delivery.
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Re: The Cypherfunks[FUNK]: a coin for a global band! Talking v2. Join! 80+ songs
by
soundposition
on 09/01/2018, 15:32:32 UTC
The original FUNK blockchain will not cease to exist after the launch of the ETH token. There will however be an exchange cap at 50 Billion FUNK. This means that only 50 Billion FUNK supply will be able to be burned, and any new supply beyond the 50 Billion FUNK mined will not be able to be burned.

Alright! This gives me something to work with Cheesy

So, given that, This is what I'm thinking.

One, tokenizing a piece of it kind of makes sense, gives basically a side chain. That's a whole different animal from totally destroying the original chain.

Two, block reward. Now we get into fork territory.

My suggestions above are solid, I think, so I'll kind of do a list here. I'm willing to try to do some of this, but it would be a little at a time. Then again, there's no hurry Cheesy

1. KGW is causing problems. It's a good idea, but either the number of miners needs to get bigger and more stable, or there needs to be a modification to the wallets that can readjust diff over time. 1-2 days between blocks when some idiot turns a bunch of ASICS on for one block screws the utility of the coin. So, I would suggest leaving KGW, because it does tend to discourage the hit and run multipool market (though that is less of a problem than it was a few years ago), but adding code to an upgraded wallet that incrementally decreases the difficulty over time so that block times are never more than two hours.

2. Algorithm. Scrypt is the reason why KGW has the problem. Point one is simply a wallet upgrade, not even really a fork. It would require a mandatory upgrade and code to exclude previous versions of the wallet, so a soft fork. But hard forking the algorithm to something that is NOT vulnerable to loose cannons with large asic devices would solve the problem altogether. It IS a hard fork, but doesn't change the coin fundamentals. If we went in this direction, it would negate the need for point one. KGW would function just fine for, say, Prime or Groestl. Both are pretty CPU centric. This also helps with decentralization, especially if it's a CPU hard algo. Because frankly, if it's a cpu only coin, any wallet holder can mine and is likely to get blocks. Keeps the chain moving smoothly and spreads the wealth.

3. Accelerate the reduction of the block reward at the same time as the hard fork of the algorithm.

Why I think this would be useful:

Point one is a bandaid. It stops the chain from sticking for hours to days at a time and serves no other purpose. It's also relatively easy to do. So, I actually conceive this as multi stage. Do that first, and it solves the chain sticking for the short term. It doesn't stop people from manipulating the chain, though. I think at the moment, the sudden spikes in diff are accidental. Kids with a new toy. But a deliberate bad actor could play the system and gather the majority of the rewards by playing that game, and my "fix" would make that more true if it were left for a long term. So first, kick in a timer that reduces diff if X number of minutes have passed without a block. This buys time for more serious development.

In conjunction with your token launch, either simultaneously or within a short time, fork the chain to a CPU hard algo AND reduce the block reward. Or at least change the targeting, so it reduces FASTER. This solves the longer term supply problem. Leave the cap the same, but make the reward halving happen faster. This would actually attract miners, as they would want to hit the higher rewards while they exist, which would help to build a stable network.

And of course, promotion Cheesy Any musicians out there, talk to your friends, get 'em to get involved, take FUNK as payment, etc. I'm sure Sounposition's folk have that in mind already, given that they're building a Token.

And more immediately, start looking to get both the token and the coin on more exchanges. Nova is dead, Yobit has a coin with the same ticker, but it ain't FUNK, and who knows what's going to happen with Cryptopia. They've closed all pairs that trade FUNK with no ETA on their return. I don't think it is malicious or permanent, but it demonstrates the vulnerability of only one trade outlet.

I am considering starting a small exchange myself. I have most of the skills, if I use PEATIO, but I'm not sure I want to dedicate the time it would take. Or more to the point, I'm not sure I CAN dedicate that kind of time Tongue But if there is sufficient interest, I'll start looking more seriously at it. And of course, as a small exchange, I could do some interesting pairs Cheesy

Also, I want to point out that I am NOT in any way endorsing a 'takeover' of this coin! I believe that Soundposition is qualified to lead here, and I will support whatever decisions his team makes. I reserve the right to bitch, but I won't interfere. I'll help if I can.

I would like to see a LOT more development of the music side. I'm a heavy metal vocalist myself, and this seems like it could be a great way to collaborate with a great many diverse musicians. All music genres are improved by exposure to and dilution with other forms. Individual exceptions aside, fusion works!

Even Rap and Country have been improved by outside influences. Granted, in those cases there was nowhere to go but up, but the point remains.

We aren't interested in working on the old chain because the FUNK coin will likely not have any exchange as LTC pairs are closed down. These old coins have to move to ETH blockchain to maintain trading pairs that work.

That is what happened to GameCredits on Komkort. When LTC markets shut down, it's time to get onto an ETH trading pair.