Bought 25 shares of the BitNodes WARP node: https://bitnodes.net/services/crowdfunding/warp-node/So there's only 20 shares left. Nodes are important to support the network, plus Bitnodes offers a Block Explorer for a year, and we need a third-party explorer on top of our own. Also, remember when we launch, it's important to let your coins mature and stake! Ok - I covered the last 20 shares - let's get this thing off the ground! :-) Awesome ! I might invest some more, but might wait to see how it goes in the next 2 days. It should be a good distribution for this coin!
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Bought 25 shares of the BitNodes WARP node: https://bitnodes.net/services/crowdfunding/warp-node/So there's only 20 shares left. Nodes are important to support the network, plus Bitnodes offers a Block Explorer for a year, and we need a third-party explorer on top of our own. Also, remember when we launch, it's important to let your coins mature and stake! Good job buying some shares for the node. I thought the coins would be mature right when we start on launch ?
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How will WARPsync work? It is cloud storage?
Where will files be hosted?
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Just bought 5 shares for the WARP node with coinpayments. It still shows 50 shares left though, and I never got an email from BitNodes about my payment yet? Probably it's manually done. I'll contact them just in case. Oh and thanks for the support! It is automatic, but there are confirmations, order can not be instantly confirmed. As the moment of writing this order was confirmed. Thank you on support. Yes thank you. I put an edit above: "Edit: Nevermind, I was just a little too quick for the system to process. It now shows 45 shares left." I was just a little too quick. I got an email from them and everything is fine now.
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Just bought 5 shares for the WARP node with coinpayments. It still shows 50 shares left though, and I never got an email from BitNodes about my payment yet? Edit: Nevermind, I was just a little too quick for the system to process. It now shows 45 shares left.
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You will see that it's becoming hot. They have a different and very complicated VPN model. WARP will do it very differently. With simple setup. For free. How can it be free? Won't people need to earn some fees to provide VPN service p2p ?
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It's pretty obvious to me now that the VPN services will be hot in crypto for 2016. So we are in the right path!
Hopefully you do it right with the VPN setup, VPNcoin is being pumped high right now because of it's services. WarpVPN could be a huge success. Right now Crowdfunding is at 3.882 BTC.
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Have you thought about joining the SuperNET?
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From your crowdfunding information and rules it says:
"2.1 Purchase. You agree to purchase and we agree to sell, on the terms set forth herein, your Resulting Distribution. Your purchase is final. We will not provide any refund of the purchase price under any circumstances."
What about the refund if it is not a success?
The terms and conditions are there to protect me against the worst case scenarios. If someone is going to try to wrongfully harass me for a refund then they just can't do it in a legal way. But I'm still level-headed and aware what makes a good distribution. If it looks too weird or unfair, there is no point to go on, or to try and create a fake economical environment. It will be just better to stop the project and return the investors' funds. Fair enough. I wish you the best of luck.
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From your crowdfunding information and rules it says:
"2.1 Purchase. You agree to purchase and we agree to sell, on the terms set forth herein, your Resulting Distribution. Your purchase is final. We will not provide any refund of the purchase price under any circumstances."
What about the refund if it is not a success?
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Yes, I understand now. It just seemed a bit weird to me that the founder wouldn't hold a stake in coins. Hopefully he buys it on the market like he said.
@shapetwist What is the minimum amount of BTC you need for crowdfunding to be successful?
I think it would be weird and unfair to hold both investors' BTC and free WARP. Off the market is the way to go. That's a very hard question, but I somehow answered it before in this thread. At this moment, the funding would be considered a failure and I would return everyone's coins. It's all about looking it with a realistic approach. If my expectations are not met, I will come in public and say what can be done and what not. Then I will let investors decide. But damn, I am really confident that it will be a reality! Thanks for explaining. I just retweeted you. I hope it becomes a reality too. Count me in.
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But can't you follow the same crowdfunding rules, generate a btc address and send some btc to lock in your own stake. So the way your saying it, it sounds like you will buy WARP on the market after crowdfunding is over??? OR you don't want to hold any WARP yourself?
Is there a % of inflation to get to the golden ratio of total amount of coins? What is the staking rewards? To generate those new coins.
Thanks for your quick answers, but still looking for more info.
Yes I can buy WARP of my own, with my own BTC, but I'm not going to that with my own sale. You do realize that I wouldn't be spending anything since the BTC would end up in my pocket anyway? That's not a fair position to take. I would love to buy WARP off the market as a personal interest, and since I believe in the project so much, that is something I will surely do! The stake percentage is a basic 1% yearly. I wanted to keep distractions to a minimum and as simple as possible. Too many terms and specs and unfamiliar conditions are hurtful of larger adoption. The point is to be quick and easy and useful. shapetwist has a point, buying with into his ico would result in him getting free coins (since the bitcoin would just go back to him) and less for those who invested Yes, I understand now. It just seemed a bit weird to me that the founder wouldn't hold a stake in coins. Hopefully he buys it on the market like he said. @shapetwist What is the minimum amount of BTC you need for crowdfunding to be successful?
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Looks interesting. I have some questions though.
Since you invested your own funds to help develop this initially (I understand your not a coder but hired coders?) You seem to me like the project manager is that correct?
Are you putting your own btc into the crowdfunding too so that you get a stake of WARP? It doesn't make sense to me that you will give away all the coins and not save any for yourself?
I noticed for "WarpGO" it says "multi-platform instant p2p transactions app with virtually no fees"? Won't fees be required to support the network? What are the staking rewards for this coin? If I invest, I want to be able to earn staking rewards?
Look forward to your reply
Hey! Sure I'll be happy to answer! Yes, I'm not a coder. You can say I'm the project manager, or the founder with the concept and vision. I hire coders for specific tasks, but most of the work so far was done by myself. There is no one else behind it, so it's not like I am managing a project only. I've mentioned in this thread before that I can't buy into WARP right now, for giveaways or any other reason. That wouldn't be buying, it would be getting coins for free. I guess there is no way to prove it besides analyzing the blockchain, all transactions can be checked. But why would I be here preaching about fairness if I was to follow any wrongdoing? Yes, fees are required to support the network. Virtually no fees kind of means that the fees are so small that are almost nonexistent. But regarding the "instant", I'm actually looking into other coins' development that I find interesting and essential to add to a coin that values usability. So zero-time transactions are being studied. But can't you follow the same crowdfunding rules, generate a btc address and send some btc to lock in your own stake. So the way your saying it, it sounds like you will buy WARP on the market after crowdfunding is over??? OR you don't want to hold any WARP yourself? Is there a % of inflation to get to the golden ratio of total amount of coins? What is the staking rewards? To generate those new coins. Thanks for your quick answers, but still looking for more info. Edit: On your warpcoin.com website, under specs it says Proof of Stake 1% Yearly.
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Looks interesting. I have some questions though. Since you invested your own funds to help develop this initially (I understand your not a coder but hired coders?) You seem to me like the project manager is that correct? Are you putting your own btc into the crowdfunding too so that you get a stake of WARP? It doesn't make sense to me that you will give away all the coins and not save any for yourself? I noticed for "WarpGO" it says "multi-platform instant p2p transactions app with virtually no fees"? Won't fees be required to support the network? What are the staking rewards for this coin? If I invest, I want to be able to earn staking rewards? Look forward to your reply Edit: Also I tried to use the linux wallet and got this error: A fatal error occurred. Warp can no longer continue safely and will quit.
EXCEPTION: St13runtime_error CDB() : can't open database file , error 21 Warp in Runaway exception Nevermind, fixed, was a permission error, should use 'chmod +x Warp-qt-linux' not sudo
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Week 34: 19.2 BTCD have been paid to 617 unique BitcoinDark addresses for successfully staking blocks 906325-917094
Thanks for staking and supporting the BitcoinDark newtork. A nice payout this week, amd we can expect good payouts as assets will again be paying out to MMBTCD.
Again, Thanks for Div!! Thanks for the div!
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Reminder: Please join supernet slack to see the development in #iguana channel.
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BitcoinDark (BTCD), Bitcoin, and NXT
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'PAX' Pegged Asset Exchange Project from SuperNET - Interview Nice interview! Can't wait for PAX!
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