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DEV Update 7/20
I find it funny how the altcoin community complains about all the "shitcoins" that come out, but for every new coin, they dump the ones that are works in progress and jump on the newest released coins.
It's not really the devs to blame for this trend, releasing all these scam and shit coins. It the altcoin community, they show with their bitcoins that they dont care about many projects, they just want to jump on the next train. Stop blaming the devs for creating more coins and then abandoning them and moving to the next. They abandon them because their communities and investors do first. If you believe in a project, we should all work together and support and promote it.
With that said, KEY has had some tumultuous price waves over the last two days. We the dev team are still strong and believe in our project. We're moving forward. Anon is working and underway and we will have an explanation and infographics on this soon.
Yes, the USB metal key is going to be a mix of Tails, Tor, and the KEY wallet. You will be able to plug the usb KEY into any usb port on your pc, boot up and be connected only to Tor encrypted without any DNS leaking or other programs making connections through regular IP. Coins will be sent through the anonymous mixers and through Tor. Best would be to use the KEY on a laptop and a public wifi.
There's a lot of things to be done and we're doing our best to meet all the goals. We've brought a couple more members on the team to help with content writing and infographics so we can present more to the community. I'm working on the website and hope to be live tonight, or possibly tomorrow.
Thanks to KEY believers for staying with us.
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Hello, dev update.Checking in because I said I'd be sure to everyday. We all have been working 8-12 hours a day and need a break this day. We will be back tomorrow with more news. To keep the investors and KEY holders happy I will give a little tease into our master project. Anon and Tor support are part of this. Here is a hint. 
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July 19, 2014: Updates from KEY Developers.
Hello all,
Tor nodes are running but are still in testing. They are currently at:
addnode=sy4mk7kcf5wy7od.onion
addnode=pmgisvikfkw2ertq.onion
addnode=3oyjqy4olc6jkmz4.onion
but we are still doing some testing. I post this update to meet my promises of daily updates. They will be live soon. The Tor nodes are part of a larger project we have in store but have not announced yet.
The anonymous coin sending system is still under testing. We are aiming for a launch day of Wednesday - please note this is not 100% solid but it is the target. If there is any delay it won't be much more time.
A sponsored a KEY logo contest is currently running on 99designs.com.
More updates coming soon. We will check in at least daily, yesterday we updated three times.
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I don't understand how people can call market fluctuations a scam, it's not like the dev has any control over people buying and selling.
Yes, and then people attack devs over this, endlessly. Thanks to those holding strong. |
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July 18, 2014: Updates from KEY Developers. Third update today.
Hello all,
Tor nodes are being set up now, we will post the addresses for those who wish to use them. They are being set up as part of a larger project that we haven't announced yet.
Anonymous sending tech is currently working, and in testing. We will have a functional beta release in one week, possibly sooner. We'll provide more details on its workings ASAP but we're really busy right now.
Funds are currently being raised to sponsor a KEY logo contest. We're deciding if we should do it on the forums or with one of the professional site contest holders like 99designs.com.
More updates coming soon. We will check in at least daily, yesterday we updated twice.
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July 18, 2014: KEY Update
KEY Proof-of-Work has ended and the coin has gone into full POS.
Thank you for helping us mine securely through the small blocks at the end of POW.
We're currently working together the KEY website, and today we leased more servers to start testing some features.
KeyCoin Devs
July 18, 2014: More news from KEY Developers. Second update today 
We're now listed on coinmarketcap.com and doing quite well.
A website is under development, for now our holding page is up at www.keycoincrypto.com
As mentioned in the previous post, we leased more servers. We are now running 8 nodes for the coin, all staking to increase POS network health.
12 more servers have been rented so we can implement our anonymous coin sending technology. We aren't making a huge deal out of this yet, but yes, it is working, being tested, and yes, it will be completely finished and released in the next few days. We will have explanations and infographics closer to the release - for now, we don't want to hype things up too much. More features are coming, and will be announced closer to their completion.
KeyCoin Devs
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 Hi dev, we have listed Key Coin in FobCoin.com, which is a fast, efficient and secure cryptocurrency exchange focusing on the newest and the most promising cryptocurrencies. Here is the link for Key Coin http://www.fobcoin.com/index.php/Home/Trade/index/convertId/7?l=en-us . We would appreciate it if you could add the link to your exchange list. Thank you! Will add in just a minute, I'm finishing up some coding. Edit: I looked it over, and I will wait to add it to the main ANN until more of a reputation is established. No offense, just a choice to keep our users safe. Feel free to post inside the thread. |
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where is Dev?cant see Dev when the POW end.or some news?
I posted earlier today, here: I take back everything I said about KeyCoin. Please accept my apologies for being so quick to judge. Although I bought some just now, I remain optimistically skeptical - if that's even a thing. I see some trustworthy names saying good things about KeyCoin here and on Twitter, so I'm officially changing my tune.
Thanks a ton! This is really encouraging to see. We're diligently working on KEY, daily, and we'll keep the community updated daily, too. We have every intention of proving KeyCoin's value as we show continuing progress and development. We're not making huge announcements about other announcements, or making empty promises, but, instead, we're moving consistently at a steady pace. Devs will stay active!! POS over, more work is underway now. July 18, 2014: KEY Update
KEY Proof-of-Work has ended and the coin has gone into full POS.
Thank you for helping us mine securely through the small blocks at the end of POW.
We're currently working together the KEY website, and today we leased more servers to start testing some features.
KeyCoin Devs]July 18, 2014: KEY Update
KEY Proof-of-Work has ended and the coin has gone into full POS.
Thank you for helping us mine securely through the small blocks at the end of POW.
We're currently working together the KEY website, and today we leased more servers to start testing some features.
KeyCoin Devs |
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July 18, 2014: KEY Update
KEY Proof-of-Work has ended and the coin has gone into full POS.
Thank you for helping us mine securely through the small blocks at the end of POW.
We're currently working together the KEY website, and today we leased more servers to start testing some features.
KeyCoin Devs
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I take back everything I said about KeyCoin. Please accept my apologies for being so quick to judge. Although I bought some just now, I remain optimistically skeptical - if that's even a thing. I see some trustworthy names saying good things about KeyCoin here and on Twitter, so I'm officially changing my tune.
Thanks a ton! This is really encouraging to see. We're diligently working on KEY, daily, and we'll keep the community updated daily, too. We have every intention of proving KeyCoin's value as we show continuing progress and development. We're not making huge announcements about other announcements, or making empty promises, but, instead, we're moving consistently at a steady pace. |
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Be careful of these developers may fraudsters.
They are the developers of SHLD, there were a lot of promises and plans.
After selling premain developer stopped updating coin.
I think that this coin also consists of promises ...
We understand the concern, but this is a different team. We have features in place that we haven't even discussed yet. Good features will be released without weeks of waiting and promises. If you aren't comfortable with this, but would like to invest, we hope you wait until after promises are met. |
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Also, the website development is underway. It'll be a good one.
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 A Message to the Community From the KEY TeamWe've spent the last 12 hours making sure our network is as stable and secure as possible. More nodes have been added and the checkpointing depth has been tweaked. We're releasing a new wallet with DNSSEED updates so that wallets automatically connect to to nodes without editing the keycoin.conf file. POW checkpoints have been added to the code to improve blockchain security. This is an optional update. The new wallet is here: https://mega.co.nz/#!JMMAxQ7I!evtw_VQE_WtOiVjFWfiiEpb3pr7vpR0pjyYnIuoU-qELinux users may git pull. We've also updated the KeyCoin logo. We like this one better so it will be used until we have a community contest for a new logo. One step at a time. Customized QT wallet features are being worked on, and we will be adding Tor nodes in the next few days, for those users who wish to connect through Tor. Other features are also being worked on. Please check the ANN for updates. If anyone missed our official introduction statement: https://mega.co.nz/#!YA82hLTB!Eh-qvTzt_0fLWfPjn_jn--uyuZEEAxa3dEtngD4f4Yw |
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A hello to the KeyCoin community from the KeyCoin team.Our official introduction statement: https://mega.co.nz/#!YA82hLTB!Eh-qvTzt_0fLWfPjn_jn--uyuZEEAxa3dEtngD4f4YwAlso here for those with problems with MEGA. KeyCoin - “Security is KEY”
An Informal Message from the KeyCoin Team
July 16, 2014
Hello community, and all our fanatical supporters. Hello to the trusty FUDsters, as well.
We the developers decided not to post until the coin had passed the large block rewards that were intended as a community bonus, and to ensure a more fair distribution. We thought this would be beneficial to our miners, investors, and community. we also wanted to measure the reaction to a unique and fair distribution method.
The rewards were originally stated as Block 2001 - 2100 would be 550 KEY payout. However, the actual large blocks came before that, from Block 1601-2000.
This was intentional. We want to reward members of the community who were mining all along, not the multipools and giant hash farms who will wait for the target block and use so much hashrate.
The actual block rewards are very similar, as follows:
Block 1 - 400: 500 KEY
Block 401 - 700: 450 KEY
Block 701 - 1000: 350 KEY
Block 1001 - 1300: 300 KEY
Block 1301 - 1600: 250 KEY
Block 1601 - 2000: 550 KEY
Block 2001 - 2100: 150 KEY
Block 2101 - 3000: 100 KEY
Block 3001 - 4000: 50 KEY
Block 4001 - 4500: 1 KEY
The last 500 block rewards are very small, to make up for the huge rewards in the middle 400 blocks. We will be assisting the mining of these if the community lacks interest.
KeyCoin Team
There are 4 full time members on this project, with the backing of some very large investors. For now, we want to keep our identities confidential. We will consider naming ourselves in the future.
We are:
Member 1 - Full time C++ programmer, skilled with QT and cryptocurrency development.
Member 2 - Python, Ruby, and PHP programmer, with a focus on web application development and API integrations.
Member 3 - Well rounded, full time graphic designer specializing in usability and interface development.
Member 4 - Community relations and PR manager, will be maintaining our website, twitter, other social media, and press releases.
We have several technologies currently in the development phase that will bring meaning and understanding to both the name “KEY” and “Security is KEY.” To separate ourselves from current hype based white paper style coin releases, we will not be announcing all of these features at launch. Instead we will be releasing them and implementing the technologies in a controlled fashion over time to ensure continuous healthy movement in the coin, and a rewarding, unique trading experience for those that choose to invest. Our goal is to create something worthy of being added to larger exchanges, eventually reaching the point of larger scale adoption, we have the devs and the financial backing to accomplish this goal.
Questions and Answers: (from BitcoinTalk Thread)
Question: Why such a low coin count?
Answer:
Several reasons, in short:
The POW mining period was limited, we did this to eliminate the ominous presence of multipool dumps as our coin grows in value over the next few weeks.
Also, we want the value of each coin to be significant, as it is one of our goals to have an eventual USD pairing.
Question: Was this coin premined or heavily instamined by the devs?
Answer:
Absolutely not! We did have a bit of hash power distributed throughout the first few pools to ensure that things went smoothly with the launch. Things went incredibly well however and we experienced a massive amount of distributed hash power on the network that continues even today. This has created a healthy environment for the coin and it’s robust network.
Question: What is different about KEY?
Answer:
KEY is a forward thinking coin. We have made some small tweaks to Proof-of-Stake code after discussing the potential hazards with other experienced developers. These small changes, and the fact that we run the nodes and private checkpointing server on powerful machines, ensure a more secure network, which proves resilient to accumulation attacks.
KEY has attracted the eyes of the crypto community. KEY has large investors onboard, a focus on security, and KEY has a fair block reward structure, with the largest payout blocks in the middle of the rewards.
We will have ongoing announcements of development work, and MEET the target dates.
Question: What are some of the upcoming milestones for KEY?
Answer:
Now that the largest blocks, the community blocks, have been mined through, we will begin establishing a presence on social media and news outlets. We will reach out to the altcoin media, and the mainstream media in the future. A website is being developed, and useful features are currently being added to the QT wallet. A new logo is underway and being tested by a hired professional focus group for it’s branding potential.
We have chosen to limit the discussion of other work related to future developments as we believe that steady growth over time is the best means of establishing longevity in this economy.
Please, do not hesitate to ask us more questions in the future, we will answer them as time permits.
We will be releasing a detailed roadmap with a clear layout of our feature development and goals, with target release dates shortly.
Stay tuned and happy trading,
The Key Team
“Security is KEY”
You will be hearing more from us, now. We wished to remain silent until the largest blocks in the middle were fairly mined - at 150gh+, these blocks were well distributed. Working on a few small things as we speak. This coin is a long term project, and we will prove it by setting and meeting goals. |
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Mintpal when?   Small updates coming tonight, and some news. I hope the update is shit, and my orders finally get filled. Some wallet tweaks and other small updates. Please see the keycoin introduction in the ANN post if you haven't yet. |
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Is there a bounty for a mac wallet? I see there isn't a wallet in the ann
Yes but we are going to make a few updates before we need a compile. Please send a PM. |
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Mintpal when? Small updates coming tonight, and some news. |
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An Informal Message from the KeyCoin Team
KeyCoin - “Security is KEY”
July 16, 2014
Hello community, and all our fanatical supporters. Hello to the trusty FUDsters, as well.
We the developers decided not to post until the coin had passed the large block rewards that were intended as a community bonus, and to ensure a more fair distribution. We thought this would be beneficial to our miners, investors, and community. we also wanted to measure the reaction to a unique and fair distribution method.
The rewards were originally stated as Block 2001 - 2100 would be 550 KEY payout. However, the actual large blocks came before that, from Block 1601-2000.
This was intentional. We want to reward members of the community who were mining all along, not the multipools and giant hash farms who will wait for the target block and use so much hashrate.
The actual block rewards are very similar, as follows:
Block 1 - 400: 500 KEY
Block 401 - 700: 450 KEY
Block 701 - 1000: 350 KEY
Block 1001 - 1300: 300 KEY
Block 1301 - 1600: 250 KEY
Block 1601 - 2000: 550 KEY
Block 2001 - 2100: 150 KEY
Block 2101 - 3000: 100 KEY
Block 3001 - 4000: 50 KEY
Block 4001 - 4500: 1 KEY
The last 500 block rewards are very small, to make up for the huge rewards in the middle 400 blocks. We will be assisting the mining of these if the community lacks interest.
KeyCoin Team
There are 4 full time members on this project, with the backing of some very large investors. For now, we want to keep our identities confidential. We will consider naming ourselves in the future.
We are:
Member 1 - Full time C++ programmer, skilled with QT and cryptocurrency development.
Member 2 - Python, Ruby, and PHP programmer, with a focus on web application development and API integrations.
Member 3 - Well rounded, full time graphic designer specializing in usability and interface development.
Member 4 - Community relations and PR manager, will be maintaining our website, twitter, other social media, and press releases.
We have several technologies currently in the development phase that will bring meaning and understanding to both the name “KEY” and “Security is KEY.” To separate ourselves from current hype based white paper style coin releases, we will not be announcing all of these features at launch. Instead we will be releasing them and implementing the technologies in a controlled fashion over time to ensure continuous healthy movement in the coin, and a rewarding, unique trading experience for those that choose to invest. Our goal is to create something worthy of being added to larger exchanges, eventually reaching the point of larger scale adoption, we have the devs and the financial backing to accomplish this goal.
Questions and Answers: (from BitcoinTalk Thread)
Question: Why such a low coin count?
Answer:
Several reasons, in short:
The POW mining period was limited, we did this to eliminate the ominous presence of multipool dumps as our coin grows in value over the next few weeks.
Also, we want the value of each coin to be significant, as it is one of our goals to have an eventual USD pairing.
Question: Was this coin premined or heavily instamined by the devs?
Answer:
Absolutely not! We did have a bit of hash power distributed throughout the first few pools to ensure that things went smoothly with the launch. Things went incredibly well however and we experienced a massive amount of distributed hash power on the network that continues even today. This has created a healthy environment for the coin and it’s robust network.
Question: What is different about KEY?
Answer:
KEY is a forward thinking coin. We have made some small tweaks to Proof-of-Stake code after discussing the potential hazards with other experienced developers. These small changes, and the fact that we run the nodes and private checkpointing server on powerful machines, ensure a more secure network, which proves resilient to accumulation attacks.
KEY has attracted the eyes of the crypto community. KEY has large investors onboard, a focus on security, and KEY has a fair block reward structure, with the largest payout blocks in the middle of the rewards.
We will have ongoing announcements of development work, and MEET the target dates.
Question: What are some of the upcoming milestones for KEY?
Answer:
Now that the largest blocks, the community blocks, have been mined through, we will begin establishing a presence on social media and news outlets. We will reach out to the altcoin media, and the mainstream media in the future. A website is being developed, and useful features are currently being added to the QT wallet. A new logo is underway and being tested by a hired professional focus group for it’s branding potential.
We have chosen to limit the discussion of other work related to future developments as we believe that steady growth over time is the best means of establishing longevity in this economy.
Please, do not hesitate to ask us more questions in the future, we will answer them as time permits.
We will be releasing a detailed roadmap with a clear layout of our feature development and goals, with target release dates shortly.
Stay tuned and happy trading,
The Key Team
“Security is KEY”
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pump and dump coin.
It would have dumped already. You need to check the support before making comments like that. This is not thing 1btc support. Orderbook is very strong. Read, learn, research...BUY! Why would it have dumped already when it's in the pump phase and koolio needs to dump 30k? (Yes he was the number one miner on SuchPool yesterday before he switched to 'anonymous') You obviously have no idea how a pump and dump works, feel free to buy into the scam though. Koolio is the guy that does cookouts right? I'll have a proof of stake, well done please. Not sure who "Koolio" is, but 30K is not many coins when there are about 1,000,000 mined in two days.  |
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