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The Icebreaker effect: every time he posts here dash's price goes up.
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Prism developer - one of the stupidest scammers i've ever seen . lmao I believe that someone will catch him and hang by his balls  lol hello ReoElliott you have no shame, you came back here after stealing people money with the Equinox ICO scam. |
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Hi there, what is the difference between Storj and SIA?
Cheers
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I was about to pull out of this, and then came across this thread. It just backed up my views after doing some searching. Thank you for PM's!  I will back myself out of the original thread. Thanks so much miffman! I know you are an onest person, they want to use your reputation to conduct this scam! I'm not a SCAM paranoid but i was a SCAM victim so i really hate these kind of people. They deleted my post! Yep everything is definitely a scam. Stay away all! You should delete your escrowing post from the ann thread, |
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A quick post to thanks all the investors who are backing us, we reached almost 50 BTC. Still a long way to go but we hope in the next 3 weeks to find the right support.
Also i would like to announce that Prism developers confirmed the availability of a multipool for PRISM just after launch. This means that users will be able to point their mining equipment to the Prism multipool, mine altcoin, auto exchange them and receive PRM as payout. (Payouts are bought on exchange sells so that multipool increase buy pressure on the markets, thus is convenient for every coin holder.)
Hear soon community,
Rick.
Awesome! Can you please post the crowdsale address? Cheers |
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Giving the complete decentralized taste of the project, wouldn't be better if the funds will be spent following a sort of consensus through ELC holders (something like the decentralized budget system in dash - being the ELC stash the collateral)?
I have nothing against Lannister, he looked to me as a cool and honest guy, but I believe there is still some risks due a single entity.
I mean, as far as I understood how elastic is going to work, funds will be blocked forever if Lannister disappears.
It's a random thought, tho, not a criticism.
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Nice suggestion, I support it! Although I wouldn't call them workers but I'd rather refer to their computational tasks. What would you call them, then? computrons, calculators? I don't really know. |
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I have read a lot of text in the official blog regarding the crowdfunding, but there is something still unclear to me.
Can I please have clear answer in this questions:
1. Is there escrow for this crowdfund?
2. If yes, who is that, and how the guarantee looks like (mean what are conditions for releasing the funds)?
3. Please post a link to a page where the escrow (not you) lists those terms, signed by escrow.
Thanks.
During the presale the safety of fund is guaranteeed by the team members. As posted before we received an Escrow proposal from the user "miffman" ( https://bitcointalk.org/index.php?action=profile;u=83038) as our Escrow for post-Crowdsale terms and funds management. My best regards, Rick.  Puzzled. Are Bitcons received from "pre-sale" different from Bitcoins received from "post-Crowdsale"? By the way the terms are confusing too: what you run now you call " pre-sale", the second part is called " post-crowdsale", so question arises - is there a real " crowdsale" in between of them? Why funds from second sale are escrowed, but funds from first one are not? Any logic behind this beside the obvious one (don't want to put it here, not to be called a FUD-er)? Funds are guaranteed by anonymous team members, who have nothing to lose except BCT newbie accounts..? Am not impressed. Yeah this is a bit confusing, I would like to invest but this looks to me as a huge red flag. Basically an anon dev team is asking for BTCs without even using an escrow so far, can you please Prismrevolution clarify this point? Can you also provide the crownsale address please? |
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What does this coin offer in terms of tech wise?
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hi,
the website indicates today that 78,87 BTC was donated.
The btc adress to sent the donations to (3Q2aKEGFTKDw3hghsBifXp39CZVMtZukxn) gives a balance of 20,50 BTC.
How come?
The address has been changed since Lannister took over the management of the project. The original address was 3Qnj4QtdD4qtZcP82xyLq2paAEPDgfwezd |
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he keeps deleting the accusation posts
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Why da fuck you need to make a swap If you already have a reason to increase the market cap?
Because syscoin 2.0 runs on an entirely different blockchain. -- We're testing what we expect to be the final beta internally right now. If all goes to plan we'll have this available to the public by this weekend as well as some info regarding the final sys2 mining schedule, etc. via blog. No fucking reason to reduce the fucking monetary base. You are trying to fool some fucking assholes artificially increasing the price. (Less coins, same market cap=increase the price for 300 to attract fuckings assholes.) You have an interesting project, there is no reason to reduce the number of coins I have no clue what are you talking about since everybody who's holding SYS will have its stash reduced by a conversion rate of 299:1. How is this intended to fool people? Elaborate please. |
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Awesome job EK.
Will the mini-blockchain mitigate possible attack vectors that affect the classic pow-pos schemes?
Actually, it comes with even more attack vectors like for example the "secret chain" attack. Cryptonite has a good summary of this attack in his white paper here, but he has already suggested solutions to that problem and I am very confident that we can easily adopt them. I personally think that the community needs some kind of bug bounty program, In the form of "5 BTC for everyone who manages to steal coins in the Elastic test net and provides us with a reproducible step by step instruction", or something like that, once the software is finished. I think this could uncover attack vectors that we did not even see yet, and is surely more effective than paying someone for a code review. I completely support the bounty, I'm not sure about the amount of BTC offered being a bit too much maybe? However I would institute both the bug bounty and an audit review (if it will require few BTCs to be spared). |
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Awesome job EK.
Will the mini-blockchain mitigate possible attack vectors that affect the classic pow-pos schemes?
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Coins will circulate either by contributing work (solving these PoW blocks that we talked about and that do not secure the blockchain themselves) or by collecting fees (generating PoS blocks which are meant to secure the blockchain). These two sentences illustrate just how confusing the language we are using is making it for people familiar with more traditional coins. We should drop the expression "PoW" for the computations done by workers for buyers. This is an Artifact Title which no longer accurately describes what they are doing. I also suggest we drop the word "miner" for workers running the buyer's programs. Maidsafe calls them "farmers". I'm happy with "workers". We should either drop the word "miner" altogether, or reserve it for those engaging in PoS. With this change in terminology we can explain what we're doing quite clearly and succinctly as follows: As with other coins, you can earn fees by mining, but with our coin these fees will be very small. The real money will come from working. Workers will collect fees paid by buyers. A participant can be both a miner and a worker at the same time, or he could be a miner and a buyer. He could even be all three. One use case for this combination is when a participant is willing to rent out his own computer, but wants to buy processing power from other workers who have different hardware. Nice suggestion, I support it! Although I wouldn't call them workers but I'd rather refer to their computational tasks. I do like computrons. ps: 73.43 BTC raised so far |
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sono veramente contento per i dev, se lo meritano, ci hanno lavorato su per 2 anni nonostante lo scam subito da moolah io sono entrato a 150sat  |
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All time high: market cap of 2,215,359 $.
The dev team (and the investors) truly deserve this, you did such an awesome job, grats.
The coin is still underpriced in my opinion tho, I wouldn't be surprised if Sys gets on the 3-4M$ range.
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CEP? The Coin of the Elastic Project. If renaming, not so sure about that one. Coin of the Elastic Project doesn't exactly roll off one's tongue... and CEP doesn't automatically lead one to think of 'Elastic'. Maybe just Elastic (ELA), Elastic Network (ELN), Elastic Token (ELT), or Elastic Project (ELP), etc. -- something that starts with E probably would be best. Although I guess one should make sure those letters aren't taken already. ELP is taken, I'd pick ELA. |
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Yeah, saw that. Although I'm probably not the guy to get that key, as I'm not even currently invested in the project. When I asked who that 3rd party was, it didn't mean I wanted to be that 3rd party. Since lannister doesn't plan to publicly list what the funds are for, I'd never provide the key to him in the first place.
I think the process is something like this: Lannister creates a transaction spending a certain amount of funds from the multisig wallet. He creates a transaction, signs it with 1 of 2 required keys and gives the partially signed transaction to the community (or a subset of it). He explains what these funds are needed for. When someone who has the key agrees with it, then this someone signs the raw transaction with the second missing key and pushes it to the Bitcoin network. While there is no public ledger available, it is still known (to the community or again a subset of it) what these funds were needed for. I am not the one to judge whether this scheme is the ideal solution or not and I am not the one to decide. But I think that some sort of ticket system (or communication system) for the developers would be a first step towards more organization. It is a nice way of handling it in my opinion, although wouldn't it better to make it require more than just 2 signs? |
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