Yes 75% of the premine is put aside for partnerships with parking companies, the rest is yet to be allocated really.

I haven't really said much about the end user incentives and love the social aspect you mention. Yes I have used Waze before.

For end users I have always thought of some sort of lottery using the App to mark the TX with a specific TX fee or something similar.

Say I allocated 50,000PKB of the premine to run this lottery type promotion for a year that is around 136PKB given away a day divided between 5 randomly selected transactions (half of what is minted a day).

Integrating the social part is a good idea, haven't really visualised it until thinking of the Waze app the first thing that popped into my head is rather than trying to mark the TX with a specific fee, the user just answers a question like "How many empty spaces can you see in the car park? 0-5 5-10 10+", Their answer is sent to a server where they are entered into the lottery and updates an in app map that shows parking spaces available.

I will think some more on that 


nope #10 didnt register, strange it is just a WP addon I added when I had 5minutes earlier, if anyone else hass any issues please let me know and I will change it.


Thanks, I am torn between a few so detailed analysis is very much appreiciated

Logo Contest/Competion has ended.

Here are the logo's received, there is a basic poll and results will be announced soon (A few days)

I shall take the poll into consideration when making the final decision. Spam/Multiple votes will be ignored.

http://www.parkbyte.com/logos/

There haven't been many, unless there are some that are waiting until the last day to submit.

lol, much troll toll talk.


Toll passes tend to be one time fixed rate payments that have a centralised processor they are usually prepaid or invoiced at regular intervals by the centralised processor.

Parking requires a check-in and check-out time, this is already done by a few companies that just use smartphones and/or ANPR entry and exit cameras, they then invoice the user either by post and/or charge the registered credit card.


I have looked at the nLocktime, it is interesting, I will definetly look at implementing it. Problem is refunds for unused time aren't really given by any company, why would they want to give away money when coin machines and credit card payments do not, This could end up being just an unused feature as it would require the car park operator to offer it, it would be a great selling point to get the end user to use PKB rather than coin/card payments.

On a similar note, on coin machines you can overpay for example you pay £0.50p for a £0.30p ticket, this is basically a £0.20p tax free tip for the operator. This wouldn't happen when using PKB as you don't need specific coin demoninations to pay.

Getting cars to pay for parking itself is a good idea and that is in my original brain storm, but that is along way down the road as it would require car manufacturers to be onboard, insurance blackbox companies or third party electronics companies to intergrate it.

At the moment I feel we just need to keep it simple and cheap for car parking companies to integrate, the end users can then start to create the demand needed for such features. Once we have some parking companies onboard they will start to have a big interest in the technology and they are the people who have the funding to invest big money and the huge customer base to create demand.

Not sure what you mean by payment structures?

What is there to hype at such an early stage? Hype is generally used to build false value into something and usually ends up with the price rocketing and dying within a short period, Pump & Dump coins.

Hype will come naturally and will build real value into the coin when updates are released, but the coin is 34days old and development takes time. I have said recently that I will have a Android Wallet with a basic parking ticket frontend complete within a month or so, a month+ seems a long time to continuely hype it.

A coin only dies when the dev gives up on the project, I do not care for the price at the moment, yes it is nice to be at 2-3k sats, but that is likely just someone trying to pump the coin to turn a quick profit. I have no intention of dumping to make a quick buck, this is and always has been a long term project for me.

I didn't say I pressed the ignore button, as the project lead I should read all posts but when someone comes here and posts a few fud posts, with nothing to back them up, on an account that is clearly just a sockpuppet account, I would rather just ignore them.

That sounds like a fair analysis of coins aimed at the crypto community, but this project isn't aimed at the crypto community it is aimed at normal people who have probably have never heard of crypto. They will just use the app because of the simplicity of paying without having to register credit cards, getting invoices or using coins.

Yes it is on the crypto forum, because this is where coins come to launch, early adopters/believers/bagholders should make a nice return on their investment, people can FUD/Troll all they want but they will get ignored.

New updates such as Android wallet release will be "Ninja" launched as announcing a release date generally just creates pump and dump hype and I like to do things differently.

Logo contest ends on 15th, so 5 days to get entries in, entries will be publicly displayed shortly after they are all received.


People sell, people buy, probably down because of the lack of hype.

Lol, no I am not scared, you are the one who is scared to come on here using your real account to shout SCAM constantly, instead you login to your sockpuppet account to do it, anyway ignoring you now

Stop bumping the thread up the list, if you really believe that then get off your sockpuppet account and come and say it on an account with some history that is not 100% fud.

  Well, people have different views and always will.

My marketing skills should not matter, I will not be marketing it to the person on the street parking their car. It will be corporate meetings with 2-3 people, demonstrating the idea, outlining the benefits of it and discussing basic technical implementation of the tech that will already exist, I have been in many of these types of meetings and this industry is pretty relaxed and casual during the early stages.

The coin is everyone's yes, anyone can do as they wish with it, however, I am and will continue to be the only fulltime member of the "official" dev team until such time as there are multiple partners who will get 250k PKB each from the premine for developing/releasing their own solution and pushing adoption.

Other members of the community can put forward a partner to get a share of the premine but they will have to fit in my plan and I will take the final decision. Having multiple members trying to lead it will become a struggle because everyone has different ideas, just look at the btc foundation recently.

Anyway, lets keep it friendly, I shall see what route to take dependant on the entries received etc..

I think it does need community input too, I am just concerned about how to get that input fairly and ensuring the input/voting isn't hijacked.

Ultimately yes everything is decided by me and I guess I have the final say as it is my responsibility for the project to suceed but once adoption starts happening I would probably lose most "control", how it is used will ultimately be decided by the end users/parking companies.

Maybe community select top X and I decide which one to use, taking into account the votes

Cool, there needs to be some competition lol.

Anyone have any ideas about voting? Could do it in thread, but thats just gotta flood the thread, anyone know of a good site that tries to stop multiple/spam voting?

One so far...

Looking very nice indeed, that Logo Bounty at these prices 

Yea don't feed the trolls, just use the ignore button, lets not stoop to their level 

When/If they wish to accept PKB you will find out.

I won't associate PKB with any company name as that would imply there is some backing/contracts/partners etc to the coin when there is not.

I am just one guy with an idea who has multiple contacts within the industry and a good understanding of how the industry operates.

Yes, I worked for one of the big parking machine manufacturers here in the UK for 5 years and still do the occasional work for them, so I have a direct line to that MD, multiple UK council parking managers and other car park operators.

The Company has subsidary companies worldwide, so I shall concentrate on UK as that is where I am based, this will then hopefully give PKB a quick route to being used throughout their entire company worldwide.

Lol great examples there, they all have nice pretty pictures and have no real life specific use. *edit: and no plan to get it adopted into a mainstream industry

CYP .... An Encryption/Anon wallet AKA avoiding alphabet agencies ... Just use one of the 1000 other Anonymous anti alphabet agency coins
LUX ... A coin for women and luxury items? Just use BTC
XMS ... Another coin with gimmicks to attract early PnD traders by allowing them to make a quick buck, high stakes (33%) is alot of inflation that will kill coins

Anyway time to hit that ignore button

New logo to make it look abit more professional, new logo must also be simple

Yes I am the only one who is working on ParkByte, I have and will pay other people to do some work for example the Coin/Wallets were cloned by the EAGS Dev using the EAGS code. I hate reinventing the wheel, this project is not about the coin itself but its use in the real world, plus I wanted to ensure it worked first time without loads of forks to get it to work the way it should.

Lol, so true.

Logo Reminder, 10days left to submit your entry!