Store should be ready ~2 weeks after an exchange picks SBC up. Economics 101 tells us we can't launch the store until that happens.

More information: https://bitcointalk.org/index.php?topic=235287.0

VERSION 1.2 RELEASED

This is considered a mandatory update. Transaction fees have been reduced by 50%. P2Pool users in particular will experience the greatest benefits.

Windows Binary: http://sourceforge.net/projects/stablecoin/files/stablecoin-qt.zip/download
GitHub: https://github.com/stablecoin/StableCoin

VERSION 1.2 RELEASED

This is considered a mandatory update. Transaction fees have been reduced by 50%. P2Pool users in particular will experience the greatest benefits.

Windows Binary: http://sourceforge.net/projects/stablecoin/files/stablecoin-qt.zip/download
GitHub: https://github.com/stablecoin/StableCoin

Services like these add value to the coin. If you recall, the catalyst for LTC surpassing $2 was caused by Atlantis. Having a single gateway where people can convert their SBC into something more tangible is inherently valuable. Instead of doing all the currency conversions you've mentioned, SBC holders can simply go through our site, which not only cuts down on fees, but is faster, easier, and more convenient.

As far as expenses go, we expect to (initially, at least) lose money from this operation. A portion of SBC received will be kept, the rest will be sold off to continue to fund operations. The goal, of course, is to develop the coin to the point where our initial losses are recovered by the SBC we keep appreciating in value. In regards to the volume, we will be using a conversion formula that accounts for key market variables (the specifics of which we will not release, as to deter gaming the system).

I appreciate the constructive post; there has been a lot of vitriol on these forums lately.

We are pleased to announce that the StableCoin Shop is nearing completion. The back end is  about 75% done and our web design guy is in the process of designing a clean front end.  Originally, we just planned to offer digitally delivered goods at launch, but competing services have forced our hand. Therefore, we have decided to include Amazon.com integration as well. Here's the specifics:

* Users will have an account that they can transfer SBC into
* After a certain number of confirms (currently 50, subject to change), SBC will be posted to the account
* SBC can then be converted to USD credit based on an algorithm that invokes several market variables

USD credit can be spent in the following ways:

* Users can submit an Amazon.com wish list which will be purchased for them
* Users can have steam games gifted to them
* Users can have gift cards codes delivered to them via email

The shop is set to be launched as soon as SBC has a fair market price establish (aka gets on an exchange). I'm sure a few of you will question this, but anyone who has taken an economics class will understand why we can not just launch the service and ascribe an arbitrary value to the coins.

I hope you are all as excited about launching this service as we are.

Discussion: https://bitcointalk.org/index.php?topic=235287.0

We are pleased to announce that the StableCoin Shop is nearing completion. The back end is  about 75% done and our web design guy is in the process of designing a clean front end.  Originally, we just planned to offer digitally delivered goods at launch, but competing services have forced our hand. Therefore, we have decided to include Amazon.com integration as well. Here's the specifics:

* Users will have an account that they can transfer SBC into
* After a certain number of confirms (currently 50, subject to change), SBC will be posted to the account
* SBC can then be converted to USD credit based on an algorithm that invokes several market variables

USD credit can be spent in the following ways:

* Users can submit an Amazon.com wish list which will be purchased for them
* Users can have steam games gifted to them
* Users can have gift cards codes delivered to them via email

The shop is set to be launched as soon as SBC has a fair market price establish (aka gets on an exchange). I'm sure a few of you will question this, but anyone who has taken an economics class will understand why we can not just launch the service and ascribe an arbitrary value to the coins.

I hope you are all as excited about launching this service as we are

Got it

There appears to be an exploit in MMCFE allowing an attacker to withdraw more coins than he should be able to. I have witnessed several pools fall victim over the past few days.

I recommend you disable manual withdrawals for now if you are unsure as to whether or not your pool is vulnerable.

Please use the StableCoin faucet from now on: http://stablecoin.me.ly/

Thank you

I told r3wt multiple times that I was out of town and don't have access to the wallet. Relax.

Announcing the launch of http://stablecoin.net

The site is rather barebones right now, but offers enough information for newcomers of StableCoin to hop in and begin mining. In the future, this will be the basis from which we launch the StableCoin shop and coin mixer, as well as any other future services.

Version 1.2 of StableCoin is scheduled for release within the next 24-48 hours. This will be considered a mandatory update, as the fee structure will be overhauled (TX fees have been significantly reduced).

I'll also take this opportunity to suggest using one of the avatars posted on the first page to increase SBC awareness, as well as contacting exchanges to request StableCoin's addition. Thank you for your continued support!

http://silverwolf.ath.cx/sbc/
http://stc.coinmine.pl
http://stablecoin.miningpool.co/

I believe silverwolf's pool is closed for registration, though.

Pull from github (or download from sourceforge) and compile. Your coins won't be affected. Backup your wallet.dat if you're worried, though.

VERSION 1.1 HAS BEEN RELEASED

This release adds some checkpoints, and fixes several bugs as well. Please update at your earliest convenience.

Windows Binary: http://sourceforge.net/projects/stablecoin/files/stablecoin-qt.zip/download
Source: http://sourceforge.net/projects/stablecoin/files/stablecoin-master.zip/download
GitHub: https://github.com/stablecoin/StableCoin

(repost for visibility)

I'd like to get the word about how fair the launch was (58k coins during first 24 hours. 54k coins during second 24 hours), but it's hard to do so without spamming the forum with unnecessary threads

Word of mouth should eventually lead people here.

Store is currently in development and is slated for release at some point after SBC hits an exchange. I'm sure you understand the perils of opening a store using a currency that has an undecided value. We'll let the market decide, and then price accordingly.

More information will be released in the coming days.

Network speed is at 180MH right now, I'd say there's a lot of interest. They're just not vocal about it. They're all silently mining the sleeping giant.

That's just the version of bitcoin the client is based off of.

VERSION 1.1 HAS BEEN RELEASED

This release adds some checkpoints, and fixes several bugs as well. Please update at your earliest convenience.

Windows Binary: http://sourceforge.net/projects/stablecoin/files/stablecoin-qt.zip/download
Source: http://sourceforge.net/projects/stablecoin/files/stablecoin-master.zip/download
GitHub: https://github.com/stablecoin/StableCoin

Spot on. SBC has had the fairest launch to date, thus no one have a large amount of coins ready to dump. This was one of our goals when designing the reward system.