It's the same Dev who delivered Dynamic Interest people, the only way for Pesa is up! Have faith

From the land of M-Pesa

https://www.youtube.com/watch?v=-4Ms2Fc_JoE

Thanks Flunkie for the update, looking forward 28th which seems to be right on schedule. Did you see my PM?

Invisible Whale
Now that he has grown
hidden hand he has shown
much Pesa he must own
Invisible Whale
Where'st thou hid
Deeply beneath thy lid
Never shall we say he did

Yeah dynamic interest is very cool and staking nicely huge aspect of this coin.

Guys got an update on the SuperNET for altcoins see the thread here https://bitcointalk.org/index.php?topic=762346.0

In summary the altcoin market has become saturated over the past year and it seems that next stage of CryptoMarket has arrived where a few of the coins move up onto the next level and many coins die.

The SuperNet is basically a network of altcoins that are interconnected with each other with coins traded on decentralized exchanges like NXT.

Supernet raised BTC 2,000 in 2 hours and is seeking to raise another BTC 8,000 mostly to buy stake in member altcoins.

For an altcoin to join the SuperNET its must meet the following main conditions.

• SuperNET should accumulate 10% of Altcoin coins: Pesa is quite cheap SuperNet needs to spend only BTC 13 to do this.
• Altcoin must have Anon tech: We have Enigma upcoming so this should be covered.
• Altcoin must have active dev and community: We have made good progress here.

With PESA primed to be the dominant coin in the emerging markets(1 Billion People) we should be one of the 10 altcoins on the superNET.

superNET is a marketers dream as being a member will give Pesa the exposure it deservers.

The developer behind SuperNET is the creator of BitcoinDark and a top developer for NXT.

Thanks AntiClimax I will update Flunkie via PM on the finer details. I think Flunkie's consensus model is a good framework for managing our activities over the next 2 weeks as we await enigma.

Jake also has my update on my PesaSMS proposal just in case I don't make it to the next IRC...

Absolutely Pesa needs to join this http://bitcoindark.pw/supernetwork-ipo/ but we need to get our act together. I see it increasing our marketcap 10X easily especially if we position ourselves as the go to coin for emerging markets...

Hey guys could we switch crypto with cash? e.g:

@PesaCash for twitter

Reason PesaCrypto is rather difficult to market as the crypto will throw off many people as most people I know hate math.  

Pesa is Swahili for money, Cash is a synonym for money this way we increase our target market tenfold.

Checkout www.shadow.cash for example

My 2 Pesas

Hey guys do think it is a great idea for us to also work on the website as we wait for Enigma

Flunkie what are PesaDev's plans on this?

Bitcoin seems too slow and focused(for now) on being a global digital currency to meet this underlying needs.


[/quote]

I just said the same thing in irc not an hour ago.
Pesa has a good chance of being bit coins golden child if you can tap emerging markets where Pesa is already a recognized name/brand.
[/quote]

EXACTLY for example People in Kenya(mostly women) form social lending groups called Chamas that lend each other Pesa(Money) in a merry go round format without interest.

M-Pesa which is a centralized digital currency pegged on the Kenya shilling is the usual medium of exchange.

These Chamas already contribute billions of dollars every year to the Kenyan economy. However there are still problems as Chamas rely on trust within amongst the members and M-Pesa itself is not anonymous.

So I believe a fully implemented Pesa improves on M-Pesa on a global scale.

I have experience in developing SMS and USSD gateways and services over the past 5 years. I would like to see Pesa tap into the emerging markets across Asia, Africa and South America. You need these technologies to make headway in these markets.

It will be great to have enigma and smart contracts up and running asap but Pesa needs to solve real world problems to go mainstream and there are a lot of services we take for granted in the Western World that are not available in poorer regions.

In my humble opinion Bitcoin seems too slow and focused(for now) on being a global digital currency to meet this underlying needs.

The Pesa white paper is quite inspiring and the fact that dynamic interest is now working seems to indicate the future is bright for Pesa.

Hey Guys,

It was great chatting with Pesa Advocates last week , I will share a concept proposal with flunkie on the following by end week.

PesaCash: Pesa as the Worlds fast default crypto currency compatible with Mobile Network Operator standards.
PesaSMS: Sending Pesa over an SMS gateway using GSM Mobile Numbers as Aliases.
PesaMarket: Market for Digital Goods(think itunes over SMS) this is already a billion dollar industry in Asia/Africa.
PesaFaucet: JakeThePanda seriously needs a faucet  
PesaWallet: Pesa Wallet on Android/S40/ translated to at least Swahili, Arabic, French.

The idea is to get PesaDev to review some of these ideas and see if they can be layered on top of his upcoming Smart Contract and Enigma platforms.

Also I am a newbie in Crypto but I have to ask is it possible to reduce the Pesa Blocktime to between 30-40Secs  

Lastly I really like ShadowCoin we should benchmark Pesa on Shadow's Quality and I think DarkCoin's market cap will be in sight in a few months.

My 2 Pesas

Its 10 years since the last time I was on on IRC lemee download client 

Hey Flunkie I have been emailing dev to offer marketing services for Pesa currency  Pesa as a name is understood by a population of 1 billion people being the default word for money amongst Swahili, Arabic and Latin-Portugese speaking people.

Further more if we can make Pesa the defacto mobile money currency through SMS integration we stand a huge chance bagging these markets. Bitcoin is too slow for these markets.

Pesa to the moon...

6 of the top 10 countries with the highest economic growth are in Africa. Indeed the developing world is experiencing unprecedented growth enabled in part by digital currencies such as M-Pesa in Kenya.

Whive would like to build a hybrid proof of stake and location crypto currency targeted especially at the developing World.

The main aim of this currency should allow for access in the lowest digital form available to man an reachable by the developing populations of 5 billion people.

The secondary aim of this currency is to be easily interchangeable with other commodities i.e. Digital Assets such as Bitcoin in a decentralized manner to allow for easy distribution amongst various social groups. There is a huge opportunity to support various sectors such as health, investment, land and business through smart contracts.

The third aim is to have at least 30% of stake in this coin distributed amongst the developing regions of the world through a concept we are calling proof of location i.e. by making it cheaper to stake in those regions. e.g. If you stake the coin in Europe, North America, Australia, Japan you get less reward then those staking in Africa and South America. This will be determined by an algorithm to be built into the core code changeable only by 51% consensus.

Other key elements of this coin are innovation in portability and transferability through SMS and Various Social Media platforms. We are not so keen on anonymity as we will be relying on Bitcoin and any other dominant third currencies for off ramping into the real world. Our coin is intended to be light and to supports localized ecosystems without introducing any sort of bureaucracy or external processes that will just complicate matters.
 
We have already acquired all key digital assets and are good to go. What we need from the crypto family here is:

• A team of Key developers experienced in key tech components such as Crypto, messaging, wallets, website as well Identity experts.
• A financial expert to help structure our financing and rollout. We intend to have 5 billion coins with 4 denominations with the smallest unit being 0.0001.
• We have marketing aspects covered.
  

We do not intend to pre-mine or pre-sale or IPO our idea as we believe our idea has enough potential to be proven initially in concept stage. We want to avoid at all costs pump and dump situation that has affected other coins.

Our motto is fail fast, fail forward as all our ideas listed above can be development in a fairly short period of time estimated a 2-3 months by the right founding team.

If you wish to contribute to our whitepaper, coin specifications and technical design hit me up on @Whive on Twitter or in PM here and I will get back to you asap...