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Chinese pumper are biggest holder right now.
now they are going to dump their holdings to noobs.
everyone know the design flaw, that is time bomb.
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Chinese Pumper want to turn you bagholders.
they simply pumped BTS to ATH and slowly release this PONZI-scheme COIN to you guys
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I will try shadowcoin wallet later.
ppl have to prove these claimed feature by themselves.
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Guys,
If we get on mintpal, please hold your coins!!!!
Don't sell it for a bargain.
so when do you expect it on mintpal? next week :_) |
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I think that making extra 30M coins for securing the network is a bad bad bad idea. That means centralization and creating a single weak point in the system. What happens if the computer staking those 30M coins is hacked? Given enough motivation computers get hacked all the time.
There are better alternatives for securing the network. Do you know about proof of transaction like in Fluttercoin? Maybe its better to base 3rd generation C2 on Fluttercoin?
The reason why attacker was able to obtain sufficiently big amount of staking coins was because of the way transition from old C2 to NC2 was made through exchanges. At one point all the coins were moved to exchanges and because people are lazy they didn't withdrew to their wallets. People need more motivation for staking. If 30% was not enough motivation do you think 5% will be better? Make it 50% or more! Look at TekCoin (500%) - people have trouble buying coins on exchanges because most of the coins are in the personal wallets staking. Thats some motivation!
dev already abandoned that idea. PLEASE JUST READ BACK FEW PAGES! |
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no one will dump I assure you that, the wallets will be distributted into 3 wallets and will be held by 3 trusted board members, like everyone else here we will promise not to dump, maybe sign an agreement with Joel etc...
So a decentralized currency designed to enable commerce without the need for a trusted third party which needs the implicit and absolute trust in third parties? Im SOOO close to walking away after comments like this....What do you suggest then? People keep all their money on exchanges that don't stake, and other people complain that the stake interest is too high. I cant please everyone. I have a full time job and I am at my tipping point. Are you serious? Do you think a real world job working for someone else has the potential to be as big as this project? Fucking nickelling and diming for some multi-national faceless conglomerate. People have been working their arses off on the game, promoting the coin to others and putting their reputations on the line because we have faith in you. And after a valid comment from a knowledgeable contributor you come out with a line like that? You're sooooo close to walking away? You have a full time job? Why did you start this whole thing if your full time job means so much to you? Maybe I was just gullible when I believed all your rhetoric in the beginning. Shame on me I guess. I'm really pissed off right now after reading that I'll be honest. I hope this was just a throwaway comment because you're pissed off and under pressure. I hope it was and I hope we don't hear it again. There are people waiting for the dust to clear here with serious money waiting to invest based on what we have been saying about this coin's potential and the dev team's dedication and this sort of thing is not going to fill them with confidence. People must pay bills, Financially support family. What are you angry at? Joel came up with his announcement that he is finishing up a code in a very short time after attack. Then there comes critics! How he could act to those? Swallow everything? I don't think so... We should be thankful for dev like Joel! let's ignore all noises. just wait for updates from devs. i think we are just close to solution. |
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Do the eco-system link to users' own private key? wow that's awesome
actually like decentralized massage/email/file share system, which bts/nxt boast of. silk is also doing decentralized trading system, i guess. |
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We're not calling ourself 2nd generation, we're Silkcoin. And we're closer to blackcoin than to nxt. Even so, it's not that important  . Wow judgecrypto, you haven't slept either  ? Seen you talking here since yesterday. Yeah... I really am excited about this coin. I understand where you are coming from regarding the overall plan. If more people knew about this coin the price would be off the chart!!!! tell us more, pal. where is silk from  |
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We're not calling ourself 2nd generation, we're Silkcoin. And we're closer to blackcoin than to nxt. Even so, it's not that important . Wow judgecrypto, you haven't slept either ? Seen you talking here since yesterday. but some functions are more closer to keyhotee, which i think lame recently. can't wait to see full featured silk |
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Who is Rat4 ?
sorry to ask
rat4 is the legendary creator of BlackCoin  please don't tell me u have not heard of BlackCoin too LOL sorry to ask so C2 will succeed soon? ready to follow instruction on swapping. |
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dear dev. question again are we doing something that 2nd generation coin is doing. like bts/nxt? the social interface reminds me of keyhotte done by bts. |
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Who is Rat4 ?
sorry to ask
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any update? how long to wait,please?
i think we are very close to swap our coins and fps is almost done. still 60million coins. don't know how to swap but dev will update us |
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then how to switch?
not screenshot i guess.
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I am leaving 60 mil total supply...I have updated a few things in the code. i am going to cry now....happily. |
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Ok ive thought about this and here is my go at it.
Unfortunately right now the crypto world is the wild west so current and new investors might be scared off that 1/3 of the coins will be under the devs control no matter what price we are at. ( although personally I dont have a problem with it). Your thought is that we need the 30 mil to be guaranteed to be staking to secure the network.
Here is my thought on a compromise: make those 30 million the publics but kept as almost a savings by you. They would be releasable in increments as the coin hits certain market cap milestones. They would only be released if we hit those marks. My thinking is this: if the coin does extremely well and all 30 million are in the market. The market cap will be large enough where it would almost be imposible for someone to own 51 percent of the coin or 51 percent of the stake.
You might be worried about dilution once 90 million are in existance but the reality is that if the market sees 30 million in a non usable account they will still see and trade it like there is 90 million out there.
This way all current owners will still "own" the same percentage of the coin but they will be required to use some of their holdings to secure the network.
Not a perfect solution for everyone but hey both the community and devs get a portion of what they want/need for the coins success.
Joel and team just want to say im 100 percent behind you and am just throwing an idea out there.
Just so everyone knows I only own in the 200k-300k range so its not like im in the top 5 or even 10 of the bag holders
wow. then 33% premine? this turns into a total mess. |
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3. Screenshot doesn't really prove anything (as it stated before) - one can fake it pretty easily and it can be even automated.
The only way to prove ownership is to send small amount:
- someone send you request to approve he owns some address
- you reply with some random number (new number to every new requester) and some address to send to
- once your receive exactly this amount from address he claims to own you can be pretty sure this person is the real owner.
still labor intensive. i don't know if it is possible to take snapshot and import private key. better we have some easy to use solution. and no more surplus. thanks yes, it's labor intensive but you can't fake it. easy to use solution = exchange "switch" coins automatically but we need them to enable deposits yes. exchange "switch" no more surplus, please. and i am curious about the projects under development. we have to get back to track as soon as possible. |
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3. Screenshot doesn't really prove anything (as it stated before) - one can fake it pretty easily and it can be even automated.
The only way to prove ownership is to send small amount:
- someone send you request to approve he owns some address
- you reply with some random number (new number to every new requester) and some address to send to
- once your receive exactly this amount from address he claims to own you can be pretty sure this person is the real owner.
still labor intensive. i don't know if it is possible to take snapshot and import private key. better we have some easy to use solution. and no more surplus. thanks |
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UPDATE: I AM GOING TO FINISH UP THE NEW CODE AND WE WILL THEN START EXCHANGING OLD COINS.
INSTRUCTION.
IF YOUR COINS ARE ON AN EXCHANGE, LEAVE THEM THERE! THE EXCHANGE WILL SWITCH THEM OVER.
IF YOUR COINS ARE IN YOUR WALLET, READ BELOW.
1. Send a screenshot of your wallet including date and time.
2. Include a copy/paste of your old wallet address and copy/paste of new wallet address. ( Obviously as soon as you have the new wallet.)
I will notify everyone when the new wallet is ready. Thank you.
New coin supply will be 90 mil. 30 mil will be on 2 publicly view able addresses, and will never be spent. They are the safety coins to prevent this from happening again.
Joel, If we can isolate the attacker, why should we make extra 30 million. that is not fair to ppl buying from exchange. although the planned extra will be never sold, but it will certainly scare potential investors away. as you stated crypto world is wild west, how can ppl trust anyone? can we just find out a better way to sort it out? if we are keep like this, ppl will lost confidence and patience. |
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