 Satori Coin is a Crypto currency that follows daily World Gold Production So if you like mining and want to build a great community please join us!! "Freedom Through Decentralization, freedom from financial authorities, especially from central banks."SatoriCoin gives anyone the possibility to transact and save a lot of money when making worldwide transfers, unlike many other crypto coins SatoriCoin is really free from financial authorities, and especially from central banks. SatoriCoin was created to fulfill a promise of freedom and the allure of destiny by looking into the future. SatoriCoin is not here to try to replace any Crypto Currency, Our coin does not have any magic features, We do not have some niche application THAT WILL CHANGE THE WORLD AND BRING WORLD PEACE.... Furthermore, we do not promise things for the crypto currency that will never materialize. By creating this coin i hope to get freelance coders joining this project to improve its functionality and features for the future. If you think that you can trust our way of seeing things, than join us, we want to be here for the long run.
SatoriCoin is developed openly, by developers distributed all over the world. It's not controlled by any company, foundation or individual. The coin distribution is designed to be as fair as is known to be possible.  SatoriCoin follows the daily worldwide Gold output by more or less 15%, everyday an estimated 8300 Kilograms of gold are mined for a total of approximately 2500 to 3000 tonnes per year. This is made so to keep the mining as realistic as possible, we did not just make the number up nor the total supply of 244 Million coins. The 244 Million XAU's reflect the total amount of gold available in the world according to the "World Gold Council"
It is believed that gold mining will be a part of history in about 20 years from now, but not for SatoriCoin |
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Thank you all for your participation in this exciting thread, really liked all the different views on "Is Bitcoin really still decentralized?? ".
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Is this why all other or most PoW coins are changing their algorithms to fight ASICS..? To skip a centralised mining cartel?!! You should really think about that, decision are taken by a group of people who dictate when there is is a hard fork or what will be done next, they don't ask people what should be done next, the same as miner with Segwit a few years ago... so don't tell us it is decentralised, everyone is shaking now and even paying taxes to the government, was bitcoin not supposed to avoid these kind of things...?
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Miners does not own the bitcoin network.
Bitcoin is still decetralized what is currently centralized are exchange websites and the whole mining industry. Because there are people or group of people who owns various exchange and mining company. So totally the whole bitcoin network is still decentralized for sure.
It is just that, people, businesses, and projects to their best to make bitcoin a center for profits that is why it seems so centralized. But in fact, the way you hodl and store your bitcoin is a sign that bitcoin is still decentralized. This decentralization will just be taken out if you are to allow them to do so, especially if the freedom you have turns you out to invest your money and trade it to centralized exchanges where you don't have your private keys that solely make your account decentralized. That's absolutely spot on! It's like exchanges and Big mining farms are able to get together and create a sort of conglomerate! |
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I think the main concept of bitcoin is decentralization. For now, there are really many people acquiring and mining it. But of course the process of decentralization is still there, otherwise transactions will be more complex. Its about the fast and efficient service that is the goal for decentralization. Those huge miners are most likely have there own but mostly the process is still the same.
The beauty is that there is no single exchange nor there is a single mining farm that controls or manipulates bitcoin price. There are hundreds of such entities in the bitcoin ecosystem. That's why I think bitcoin is decentralized still in many ways. Even if somebody wants to set up his own mining rig there is no hurdle in that also. I cant really agree with your view on this, as there are clear main players in the ecosystem and the biggest of them all is Bitmain, Anyone mining for profit in farms use their miners who are already outdated once they are sold to the public... Bitmain already uses miners that are far more powerful then the one used by conventional mining farms, its a joke, they proved it with ETH at that time when everyone believed that Ethereum was Asic resistant  ... They have dozens of mining farms across China and recently one in USA Texas, they do control a huge stack of the market believe it or not, they will get rid of mining farm competitors just wait an see! |
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I think you certainly have a valid point. I was thinking the same thing about corporations and especially governments like China mining Bitcoins. I still think it’s technically decentralized because no one government controls Bitcoin and it’s still an open ledger, but mining is no longer something a regular individual can do anymore.
That's exactly what i mean, the main issue is when a company like Bitmain has the potential to take over 1/3 of the total hash-rate things become scarce, China alone has 65% of the hash-rate... it costs the average USA miner around $6K to mine 1 BTC with today's electricity prices, while in china it costs $3K for 1 Bitcoin as they use renewable energy and i dont know what else. If a single company can hold such an amount of Bitcoins that they can for example manipulate the BTC price in the Exchange than the decentralization does not make much sense anymore! Which is the miner that will keep on mining if the price of BTC falls under $6K, the only one remaining are the one with the lowest electricity price to mine a BTC. If they can manipulate the price of BTC due to the amount of BTC they own that things are technically not decentralized anymore! |
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After the years in trading Bitcoin it came more and more clear to me that Bitcoin is technically not decentralized anymore... its mainly owned by huge mining farms or early adopters who are able to manipulate the market at will, many exchanges playing with Bitcoin and Altcoins by making fools out of the normal Joe who wants to enter the Crypto world, i know many here will think that you should be ready and get informed before taking any step into the crypto world, but does it not bother anyone that some people are enriching them self by kicking the crap out of your wallets??
Bitcoin Mining is dead unless you own a mining farm with the necessary hashrate, again only big companies having access to Bitcoin!!!
What is your thought about this??
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See many people complaining about the Value of the CKB!!!
Makes me think why even discuss now people complaining about a coin that can be mined, mining is difficult and for once there is a coin that can be mined (CKB), instead to focus on instant reward miners should look into what could be in the future!!!
Promote instead of complaining that will bring the value up!!
When u have a job you do, that you trade for a wage, do you complain your company could be paying you more if the companies shares or evaluation was higher?  generally not. you take what you are offered and choose to accept it(or not) before staring the job. miners are like that, most provide a service, and expect to be paid for it retaliative to what it cost to put in, but its THEIR choice to mine or not sadly, all new PoW coins are immediately taken over by FPGAs now, the only profit is in pumps : / and everyone has a different "cost to acquire" CKB will prob pump, but could take 6 months to 3 years to do so  i did the same tho, quit mining after a bit as it seemed not really worth it now i have a few coins for a moonbag one day, throw them in the closet with the rest!  and cmon now, we all know Vosk has nothing to do with these projects haha, he's just a content creator he discusses w.e is happening around him so lets not blame him haha if it moons in 2 years would yall THANK him? CKB is currently "schrödinger's coin" , it's still yet to be seen if worthless in the long term you could say BTC was worthless in its first YEARS alive if you only counted price  You absolutely nailed it! |
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See many people complaining about the Value of the CKB!!!
Makes me think why even discuss now people complaining about a coin that can be mined, mining is difficult and for once there is a coin that can be mined (CKB), instead to focus on instant reward miners should look into what could be in the future!!!
Promote instead of complaining that will bring the value up!!
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What is the latest in regards to GUI design and so on, i was in your Discord and saw the last update in regards to the GUI was in August, is the project still go on as expected?
I am posting here on BTF so to have more users aware of your project as well as it seems to be very promising!
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 KNOXCOIN is limited by it's supply therefore making it a coin to get and a coin preserving its value,Many people do not realize that there are only 2789952 in total supply at this very moment. In 1 year from today there will only going to be 2.845.750 because of the 2% yearly interest for the POS. 'Talking about rare".... Our suggested price of 0.00024 is +- 1 USD and would make a market cap of +- 2,800.000 USD which is not a high target, we see other community coins reaching those kinds of caps. Join our community, KNX available at: What is KnoxCoin? KnoxCoin is a peer-to-peer cryptocurrency with a distributed, decentralized public ledger similar to Bitcoin. KnoxCoin uses a proof-of-stake system and is open-source. Differences between Bitcoin and KnoxCoin
Each KnoxCoin confirmation time takes a couple of minutes, compared to Bitcoin confirmation times of about +10 minutes.
Proof-of-Stake KnoxCoin’s Proof of Stake system secures the protocol through an efficient, decentralized process called “minting”, while Bitcoin uses a mining process that has been well documented as expensive and energy-intensive. Knox (KNX) - PoW/PoS What is project KnoXCoin? KNX is born out of a simple interest and great admiration that i have for crypto currency industry, I just got tired of seeing hundreds new coins being released and tossed so i decided to create my own. By creating this coin i hope to get freelance coders joining this project to improve its functionality and features for the future "We are going to have a page for developers in our website". https://knoxcoin.me/developers, the page and forum will be ready in mid october KNOX is not here to try to replace any Crypto Currency, Our coin does not have any magic features, We do not have some niche application THAT WILL CHANGE THE WORLD AND BRING WORLD PEACE.... Furthermore, we do not promise things for the crypto currency that will never materialize.
OUR PATH AND VISION WILL BE BASED ON COMMUNITY DECISION, as explained below. What we know, is that we need the Miners and Stakers, like cars need the roads, we will respect the system there will be no pump and dump like many other Altcoins. If you think that you can trust our way of seeing things, than join us, we want to be here for the long run. On the other side we will do everything possible to get KNX coin owners to be actively involved in the coins future direction, this is by creating a voting system to have a diversified coin at our reach, all this will be done by end of 2017 KNX is a Energy Efficient Coin that everyone will be able to mine PREMINE - Yes we premined 10% of the coins, the premine is exclusively for payments to coders and bounties for works done for our community.
Users or coin owners will be able to check the premine wallet at any time "KGCzybZgBb61ps1PyWBwS2tYodVxTskxES" for transparency.
Our Website will have a page that shows every payment made for what work or bounty. 2.5% of that premine is set for the developer.
We will sell KNX coins to pay for Exchange fees for example like Nova exchange fee to add our coin without Voting or the same at Cryptopia Exchange, server and maintenance fees. As described above all these charges will be clearly shown in our Transparency page, every expense will be accounted for.
Knox Source Code - Click Icon Below Download Windows - Linux - MacOS - Raspberry Wallets available below Example file for Wallet "knox.conf". The File here is a .conf file example to configure with your username and password and to add nodes in the future, this files belongs in the Knox wallet folder in your PC. ADDNODES  addnode=162.212.154.11
addnode=162.212.152.94
addnode=162.212.152.29
addnode=52.15.123.217
addnode=76.95.178.229:23695
addnode=hobbyistpool.ddns.net:4351
addnode=37.59.13.76:60900
addnode=149.167.15.12:63359
addnode=62.73.116.189:23695
addnode=92.244.112.153:23695
addnode=202.83.101.172:23695
addnode=202.83.101.172:55208
addnode=162.212.154.11
addnode=162.212.152.94
addnode=162.212.152.29
addnode=52.15.123.217
addnode=76.95.178.229:23695
addnode=hobbyistpool.ddns.net:4351
addnode=37.59.13.76:60900
addnode=149.167.15.12:63359
addnode=62.73.116.189:23695
addnode=92.244.112.153:23695
addnode=202.83.101.172:23695
addnode=202.83.101.172:55208
addnode=107.191.55.64:23695
addnode=128.70.134.196:23695
addnode=142.163.82.195:23695
addnode=154.16.7.216:23695
addnode=178.62.254.159:23695
addnode=193.110.114.187:23695
addnode=37.97.242.80:23695
addnode=47.154.153.62:23695
addnode=51.15.95.128:23695
addnode=51.37.164.144:23695
addnode=69.243.208.19:23695
addnode=76.95.178.229:4351
addnode=86.168.146.198:23695
addnode=87.225.109.142:23695
addnode=89.250.157.117:23695
addnode=92.244.112.153:23695
addnode=98.224.178.172:23695  Blockchain Explorer Exchanges Like and comment on our Social media pages BitcoinTalk, Twitter and Facebook JOIN KNOXCOIN DISCORD & SLACK COMMUNITY KNOX SLACK IS READY FOR USE, PLEASE JOIN AND HELP US GROW OUR COMMUNITY AND CURRENCY CLICK BELOW TO GET INVITE AND REGISTER Our Source Code has been verified for Viruses, check results below BOUNTIES For Raspberry PI Wallet = 30 KNX Created by cbtc
For Mac OS Wallet = 50KNX For Web Wallet = 55 KNX For Mac OS Wallet = 50 KNX Android Wallet= 150 KNX Paper Wallet Generator = 50 KNX
Electrum Wallet = 150 KNX Create Knox Signature = 5 KNX Decent Block Explorer = 25 KNX
Work Done by ec_max (Bountie Paid) 2702a3107fc6148382b349f1018932d306cc45d1317c324958e3dd63225b407d Decent Mining Pool = 25 KNX
Work Done by ec_max (Bountie Paid) 2702a3107fc6148382b349f1018932d306cc45d1317c324958e3dd63225b407d Translations = 5 KNX INDONESIAN TRANSLATION By sibond (Bountie Paid)
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Awesome love the fair launch with the countdown timer! How many masternodes will be running from day one given there won't be any coins to hold for the masternode?
'0" Masternodes will be running!! |
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I expect good luck for the idea! Excellence plan, well-advised approach, good design!
Thank you!!! 8 hours 45 minutes to go!!!!! 4 hours 25 minutes to go!!!!! |
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I expect good luck for the idea! Excellence plan, well-advised approach, good design!
Thank you!!! 8 hours 45 minutes to go!!!!! |
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Sovereign Coin Bounty Campaign!
This campaign is giving out SOV coins as soon as the job is done! What is SOVCOIN? Sovereign Coin Funded Project
Sovereign Coin is proud to announce a long-term plan of funding to build a next generation betting and exchange portal, oneXchange.io
oneXchange.io will support all major cryptocurrencies, altcoins and digital assets (tokens) folowed byt Crypto Currency ATM's. With a focus on modern stack of technologies our expert team are set to build a fast, secure, reliable, scalable and private betting portal for the global crypto market.
SOVCOIN will also start first deployment of Crypto currency ATM's in South East Asia (Singapore) as a first step, than over time we will partner with interested parties to represent or franchise our ATM' in their country, thus creating a worldwide network ATM's for SOVCOIN.
Sovereign Coin Involvement
Sovereign Coin will directly fund the development of oneXchange.io from our development fund. It is important to highlight that this will not affect any other plans that Sovereign Coin specified in the Roadmap, instead we see it as an important step forward to making Sovereign Coin SOV an active and popular currency.
Sovereign Coin holders will greatly benefit from the launch of oneXchange for multiple reasons:
1. Masternode holders will be able to link their Masternodes to the OneXchange account.
2. Users will be able to Xchange their SOV on OneXchange and earn Exchange Trading Fees as dividends paid directly to the OneXchange account.
3. OneXchange SOV betting portal will revert all (60%) profits earned, back to the Sovereign Coin SOV MasterNodes Holders.
The exact details on dividend payments will be provided at a later date.
Periodic updates will be provided on a regular basis
_________________________________________________________________________ Read Before Participating! To participate, all bounty members are first required to:
Join SovCoin Discord group: LINK
Follow SovCoin on Twitter: LINK
Read the Bounty T&C: LINK
Register the main form: LINK
Comment below "registered bounty"
For every report make a new comment! Edited comments will not be counted!
_________________________________________________________________________ General Rules
Bounty Manager/Team decisions are final.
For queries, please leave your message on this thread.
Blacklisted participants will not be entitled to receive SOV coins. _________________________________________________________________________ Invite Campaign_________________________________________________________________________ Bounty Manager
SOV Coin bounty manager is SovCoin, Robbowz & Altcoin. All decisions by these 3 Dev's are final. No other members of the Sovcoin team will contact you in relation to the bounty.
other team member will be available for all inquiries via the following channels:
-> This thread <-
-> SovCoin’s Telegram group <-
-> SovCoin's Personal Email <- _________________________________________________________________________ Total Supply: 25000 SOV Create original content and share it to spread the word about SOVCOIN. You can earn Coins by:- Writing a blog post/article about SovCoin.
- Promoting the blog post/article across different marketing instruments such as forums, your social media channels, social media groups or any other social outlet with a large reach.
- Creating a YouTube video (could also include interviews scheduled with SovCoin's team through the bounty manager).
- Promoting the video across different marketing channels such as forums, your social media channels, social media groups or any other social outlet with a large reach.
SovCoin's Rate- For original article BIG {2000 words or more} = 250 SOV
- For original article MEDIUM {1000-2000 words} = 150 SOV
- For original article SMALL {Below 1000 words} = 100 SOV/li]
- For posting to your own blog {articles/translations} = 50 SOV
- For reposting any non-original article about SovCoin in your blog = 40 SOV
- Review video - 01:00 - 05:00 minutes = 250 SOV
- Review video - 05:00 - 10:00 minutes = 500 SOV
- Review video - 10:00 + minutes = contact bounty manager
- Interview video = contact bounty manager
NOTE: For articles classified as “VIP” by our team, we will provide an additional bonus.
Rules
- The blog/forum must be focused on a relevant topic e.g. Coin sale, loyalty market, aspects of the whitepaper, etc. (SovCoin's validation team will evaluate the relevance of the content).
- Blogs/forums/videos in languages other than English may also be accepted. Please contact SovCoin's campaign manager to check if relevant. NOTE: Un-approved article/video in a foreign language will not be entitled to any SovCoin.
- All articles must contain links to SovCoin's website, the Discord group and the ANN/Bounty threads.
- Videos/articles with fake views will be disqualified.
- Only original content will be accepted.
- Spamming/posting in wrong subforums will not be tolerated. Posts deleted or closed by the forum’s administration will not count.
Participate
- Make sure to select this campaign in the main registration form.
- Post a link to your article/video on this thread.
Post Format
Campaign: Content & Media
Username: [your_username]
Week#: [week_number]
Content #1 URL: [URL]
Content #2 URL: [URL]
...
_________________________________________________________________________ |
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Masternodes coin with x16r algo. That's a good news. I am also waiting for the mainnet launch. Good luck.
Thank you |
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