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1521  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (XWC) | WhiteCoin | NEWS: Foundation, investors, WhiteOS ☯ whitecoin.info on: February 10, 2017, 07:16:53 AM
errh ...

swap = delisting from Topia :!
1522  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC! on: February 10, 2017, 04:41:07 AM
“One point that was abundantly clear: within Roundtable participants there was nearly unanimous consensus that Segregated Witness is a beneficial feature for the Bitcoin protocol. However, it was noted that those in favor of large legacy blocks tend to be enterprises that want to see more near-term growth. Many of these enterprises that voiced such opinions in 2016 did not return to the Roundtable in 2017”

-- BitGo engineer Jameson Lopp at Satoshi Roundtable Review
1523  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [OSC]OpenSourcecoin Mandatory Update 7/1/14 on: February 09, 2017, 04:50:12 PM
Stratis Bitcoin Full Node, with the following characteristics:

    Full blockchain validation
    Blockchain database
    Mempool
    Wallet system & wallet database (HD keys w/ bip44 derivation)
    Bitcoind-compatible JSON rpc api
    A TransactionBuilder supporting Stealth, Open Asset, and all standard transactions
    Full script evaluation and parsing
    A SPV Wallet implementation with sample
    The parsing of standard scripts and creation of custom ones
    The serialization of blocks, transactions and script
    The signing and verification with private keys (with support for compact signatures) for proving ownership
    Bloom filters and partial merkle trees
    Segregated Witness (BIP 141, BIP 143, BIP 144)
    Mnemonic code for generating deterministic keys (BIP 39), credits to Thasshiznets
    Hierarchical Deterministic Wallets (BIP 32)
    Payment Protocol (BIP 70)
    Payment URLs (BIP 21,BIP 72)
    Two-Factor keys (BIP 38)
    Stealth Addresses (Also on codeproject)
1524  Alternate cryptocurrencies / Altcoin Discussion / Re: SMART Coin Observer on: February 09, 2017, 03:55:22 PM
A.
There is a mindset among the greater Bitcoin development world, known as 'Bitcoin Maximalism'. It refers to the opinion that building apps upon Bitcoin, and its’ particular blockchain, is the best and most efficient way of going forward, and other crypto currencies, and their respective blockchains, will eventually succumb to the Network Effect.

- Butters 'antiBitcoin Maximalist' coiner

verses

B.
"Because any appcoin must compete with Bitcoin, there is inherently an aversion to holding the appcoin rather than Bitcoin. This means that an app can always improve by transitioning to use Bitcoin instead [of] the appcoin. Since we are talking about open source projects, it is always possible for anyone to fork an existing app and make the changes himself."

- Daniel Krawisz
1525  Alternate cryptocurrencies / Altcoin Discussion / Re: SMART Coin Observer on: February 09, 2017, 03:34:57 PM
Does Litecoin have a future?
I have no clue what Litecoin will do. All I know is if I have to baghold something I prefer it to be ltc.
1526  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Litecoin have a future? on: February 09, 2017, 03:31:57 PM
While it seems dormant (LTC that is), it's going to explode when the BTC halving goes full Bull. If you haven't loaded up by now, then the mega rally the LTC is (will be) during a BTC bull rally will make you jealous and even this ETH rally won't supplant it/or mess with it. Litecoin is such a buy now it isn't even funny. That's right I said it! the sideshows here won't lead you to the promised land as it is at this point.

1 year later.
+ good call on the BTC bull rally.

 - but LTC has yet followed suit, but it has maintained capital, and increased trade volume and transactional usage.

 -likely LTC will be a common inlet for capital once the BTC bull rally peaks and rolls over.   
1527  Alternate cryptocurrencies / Altcoin Discussion / Re: SMART Coin Observer on: February 09, 2017, 01:25:09 PM
I see lot of ICOs with such called escrows but:
https://en.wikipedia.org/wiki/Escrow

"An escrow is an account established by a broker for holding funds on behalf of the broker's principal or some other person until the consummation or termination of a transaction"

I just wonder why people tolerate in ICOs where main product is software tolerate a very simplified escrow which is escrow called but have little to do with escrow?
OK you get some Tokens or simplified coin before new one is developed, but this is not a consummation of transaction or agreement.

Right now the best escrow transaction example are holidays, where you pay to travel agency when you come back from holidays. Because they bankrupt to many times leaving people on the AirPorts on they back home or in worst situations.

How escrow for ICOs which are not assets like http://digix.io or hardware related like https://bnktothefuture.com/pitches/2893/_embs-ether-mining-backed-security-fund.html
??

In my opinion escrow for strongly software related ICOs should be an institution or software house which will have in mind keeping good reputation - like software house working often with Venture Capital and similar.

Escrow should release funds after reaching milestones after proper Quality of Service tests and  Software tests.
Reaching part of milestone results in receiving part of funds. After bugfixing and patches. With IO or DO decisions can be also altered by community...

Why not ?


You are right, only a few projects(Stratis&Lisk) use the escrow mode like you said, which releases partial fund after specific milestone has been done).

Most scam projects use poor escrows, best example is: Bittrex and breakout, breakout shit had 3 ico and scammed more than 700 BTC fund, their first ico was scam, but bittrex was still escrow for them, Bittrex only asks: normal blockchain, wallet and coin distribution,breakout finally released nothing on the roadmap and turned out to be a scam.

Another example: Opair scam and SebastianJu. Most people know this scam lied to escrow. Additionally, recent story of ASC team scammed 3 famous escrows(Lauda, yahoo and minerjones) by cheating a vague escrow term.
1528  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ◥◣ TALK◥◣ ★★ 15% APR ★★ uᴉoɔʇᴉq Community Coin ✪BϾϾ✪ est. 2014 on: February 09, 2017, 11:22:23 AM
in Lepen coin provided github source code they mention total supply is 500 Million but when i setup its explorer i see only available supply is  upto 1000 Million and more coin come soon its called Lepen coin dev scam announcement for scaming btc on yobit, and Cryptopia Exchange admin please review this scam and unlist this shitcoin. i provided proof on below images you can see it your self.




1529  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ◥◣ TALK◥◣ ★★ 15% APR ★★ uᴉoɔʇᴉq Community Coin ✪BϾϾ✪ est. 2014 on: February 09, 2017, 01:19:07 AM
http://altcoinlive.com/bittrex-ubq-btc
1530  Alternate cryptocurrencies / Altcoin Discussion / Re: SMART Coin Observer on: February 09, 2017, 01:03:28 AM
People really are falling HARD for the Chronobank scam https://bitcointalk.org/index.php?topic=1783168.0

also XEM is the least dev'd platform / $ evaluation

--

    
Re: ICO analysis demands
Hi guys!

We are a team of enthusiasts of crowfunding.

We believe that funding free from legacy institutions can bring a life to completely new products and services that will change the world to be a better place!
But a lot of scam and low quality projects will waste the resources and discredit the ideas.

So we're conducting a research on how a typical crypto-asset investor usually find, analyze and use information on ICOs during all of its steps (pre-ICO, ICO, post-ICO stages). We're planning to revise our current development plan to reorder features releases. The most wanted functions and services will be released ASAP in our service to help investors rate ICOs efficiently.

All tasks could be grouped into some categories:
1. information retrieval (monitoring and participating: slack, tweets, forums, news sites, github activity, blockchain data collection etc)
2. information processing and analysis (automated text analysis, data mining etc)
3. reporting and alerting
4. portfolio management
5. social interactions and knowledge sharing

A lot of these tasks are done nowadays manually or with inefficient tools.

Some of topics to discuss:
1) what is the most painful or time-consuming tasks when analyzing an ICO?
2) what should be done by a human and what could be automated?
3) how to encourage experts to share knowledge or results of analysis?
4) how to divide an ICO analysis work among experts to speed up analysis of one ICO?
5) how to prevent a scam or conflict of interests from an expert?
6) should an expert earn by sharing its profitable portfolio with [paid] followers?
and any other related topics.

If we find a strong demand we will start an ICO to be funded by early adopters which will receive service access tokens (probably a Waves Platform will be used to issue tokens).

We are welcome you to discuss what your need when dealing with ICOs!


----
How to analyze an ICO project going to be scam or not?
As we know, new coins is born almost every week. ICO is inviting peoples to invest on their project with the promise of big return.
But we have seen many of them disappeared without a trace after hold fund from investors. This make a decrease in the level of trust to invest on new project from new developer.
How do we know if some project is going to be scam? What factors make it different with "good future" project?

I will tell you the truth. If the scam is good enough you won't be able to spot it that easily. There are however some clear indicators that we are dealing with fraudulent developers:

1. Unrealistic or hyper optimistic goals.
2. Stolen, copied whitepaper or paper without technical details.
3. No transparency, no real names behind the coin, no social media accounts, or fake LinkedIn profiles.
4. Self Moderated thread is usually slightly suspicious too, but that is rather minor fact, might be a way to deter idiots and trolls.
5. No real purpose, or project overly similar to already existing ones.

6. do not trust "SOON" words, if dev say it too much
7. Dev not answer many critical question
8. Dev delete some post without reason
1531  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ◥◣ TALK◥◣ ★★ 15% APR ★★ uᴉoɔʇᴉq Community Coin ✪BϾϾ✪ est. 2014 on: February 08, 2017, 03:31:04 PM
don't forget your payload data!
https://www.cryptopia.co.nz/Forum/Thread/1016
1532  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ◥◣ TALK◥◣ ★★ 15% APR ★★ uᴉoɔʇᴉq Community Coin ✪BϾϾ✪ est. 2014 on: February 08, 2017, 03:19:25 PM
OG
http://coinmarketcap.com/exchanges/timekoin-market/
1533  Alternate cryptocurrencies / Altcoin Discussion / Re: SMART Coin Observer on: February 08, 2017, 02:52:50 PM
Most Brazen Altcoin Scams?
Bytecoin was very elaborate:

The dev used some buggery in the hash algo code which basically artificially slowed down mining (though not for him of course). At the same time, he claimed the coin had been used on the dark web for 2 years before announcing on the clear web (to justify why 2 years of coins had already been mined at launch). Then the devs went on to start MinerGate.

1534  Alternate cryptocurrencies / Altcoin Discussion / Re: Most Brazen Altcoin Scams? on: February 08, 2017, 02:50:09 PM
BRAZEN = dash - proven many times over and over.

Show me a larger + more proven alt coin scam.


I don't know why the OP even started this thread. He was here the other days claiming dash was not a scam at all. I have no idea what scam means to him since he seems very confused as to what constitutes a scam.

nouninformal
1.
a dishonest scheme; a fraud.

Like proclaiming fair POW launch and then captive instamining most of it themselves in the first 2 days on super low diff. Then just keeping it all and reducing the available coins to everyone else. Then making new rules up that you get more of the minting just for having most of the coins and make all the decisions.

DASH is the most brazen since they scam then magnify the scam then solidify the scam loot.




BUMP

---
URO ... so many fanboys went deaf dumb and blind to obvious facts ... Aurora launch prices $25, PayCon $20, Asia coin hidden premine, every angle has been hustled at least once.
1535  Alternate cryptocurrencies / Altcoin Discussion / Re: SMART Coin Observer on: February 08, 2017, 02:43:19 PM
ZEC vs ZCL, what makes one better?
If you want to compare ZEC/ZCL compared it with BYTECOIN and MONERO
One is a scam the second a fork and see which one wins now ?

Interesting comparison but I think a 20% dev mining tax for 4 years (ZEC) is different than a 80% premine (BCN)

I prefer ZCL over ZEC and of course love XMR and dislike BCN
If you want to compare ZEC/ZCL compared it with BYTECOIN and MONERO
One is a scam the second a fork and see which one wins now ?
1536  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [OSC]OpenSourcecoin Mandatory Update 7/1/14 on: February 08, 2017, 02:26:47 PM
algo that mines and rewards the first to find new floating point for a range of complex numbers. (like PI, Phi, root-2, etc)

https://en.wikipedia.org/wiki/Floating_point

√2
1537  Alternate cryptocurrencies / Altcoin Discussion / Re: [FUD] Pascal Coin on: February 08, 2017, 02:08:22 PM
4.7mln of  all the 5.6 mln pascal coins had been collected at polo account 86646-64

it was sneak-y


1. it didn't get any attention
2. [guessing] Polo insiders position themselves
3. awkward / odd mining algo
4. BOOM! (this game has been played before) but looks like crypto at least has a new code/design feature  Cool
1538  Alternate cryptocurrencies / Altcoin Discussion / Re: Decentralised-Liquidity Exchange -- 'D-L-Ex' on: February 08, 2017, 01:57:32 PM
"austerity and economic reforms" ... code for ... taxes but no services, unless you hold bonds, bond holders always get paid ... until the Nationalist storm the gates.

---

https://blockchain.info/charts/mempool-count?timespan=1year  ... maybe THE datapoint of the year, BTC is full, the spill over to alt chains is certain ... denying this fact ... will only cause more chaos when x% of BTC capital shifts over Wink
1539  Alternate cryptocurrencies / Altcoin Discussion / Re: SMART Coin Observer on: February 08, 2017, 01:52:11 PM
http://zurichtalk.lykke.com/
1540  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [OSC]OpenSourcecoin Mandatory Update 7/1/14 on: February 08, 2017, 01:48:35 PM
crosschain atomic swap transaction

or

crosschain atomic transaction + trust node (black boxes) + random/blind/sharded assignment

aka

CAT nodes
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