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To be the change. To make the difference. Thats why we're here. To join together, maximize our resources, and move with intent. To build the best fucking electronic cash system the world has ever seen.
We know Crypto's been plagued. We come from a community that's been beaten down, lied to, stolen from and shit upon. Those times are over, my friends. Silk Network brings honesty, transparency, hard work, complete codebase, and dynamic innovation.
Our long term vision is to create a binary coin system comprised of Silk and DarkSilk that, when applied with the correct fundamentals, is governed by the laws of physics.
Silk Network Ltd. will be a self sustaining business, true with financial statements, decision makers and employees. To build a dream. Thats why we're here. To be the change.
We ask you to join us.
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Firstly it doesn't say its a corporation at all. It is incorporated as a PRIVATE LIMITED COMPANY.
An Ltd is the same as an LLC in America or a BV in The Netherlands.
We do not handle FIAT through the Weaver, so NO ID cards are required whatsoever.
Silk Network will support the Azure cloud, yes, but that just means you can press a button and a node gets built and set up for you. All these people thinking cryptocurrencies are "joining" Microsoft or "teaming" up with Microsoft are very much mistaken.
My objective from the start is to protect the user, the network and to hold privacy and decentralisation as the continual goal for all aspects of Silk Network.
I just consider the last few posts as uneducated, un-researched and quite frankly as FUD, whether the poster intended it as FUD or not.
Sorry I said I wouldn't post but you say a Ltd is not a corporation? And I am not researched? I am an international corporate funding manager and I'll assure you the silk Network Ltd is a corporation. You have shown your articles of incorporation here.. so you will have to pay taxes articles and comply with all queries in a very bad environment for cryptocurrencies. US LAW had no bearing here. UK laws do. Any products or securities by the silk Network must be registered as public investment options regardless of fiat usage. Cryptocurrencies in UK are also subject to sales taxes as a service... which the weaver is.. you will be required to pay taxes and divulge to some extent the users.. why do you think there are no crypto exchanges based in the UK. You are putting your investors at risk with your lack of understanding. The uk gov can seize and will seize all assets for non payment including gather information on users. Do not insult my fucking intelligence sir. You do need to read back. This all started 2 years ago. You probably won't be employed as a funds manager if you keep investing before you do research. I plan on doing some reading and chatting with some people i know, to see how much hot air you are trying to blow. But how can anyone take your comments seriously when you already made questionable decisions in buying before you knew what you were buying. That cert of registry has been posted for AGES! His tally of the total is what people have donated, or spent from their own pocket. Not even from the purchase or sale of silkcoin. SilkNet has happened because the community deemed it so. Not because of a long ago presale, or money taken from investors.. READ BACK MAN! Yeh has been posted long ago enough that a quarterly report is now required for interested investors divulging the details. Course this is for a public corp.. while a private coep. Well what is their business? Is the silkcoin the commodity or the share? Both taxable.. Selling silkcoins? Developing and producing silkcoins? Is the silk network silkcoin? Or is it an exhange selling their wares on someone elses dollar? So now 9 months from fintech attacking the silk network and everyones invesrments.. as it has been clearly said that there is no intention to pay taxes based on the nation of the incorporattion.. And yes force the money out of poloniex to be exchanges at this clearly rogue exchange (not an exchange lol) exchanging silkcoins for security investment in a taxable uk service and commodity.. FUD THIS Silk and DarkSilk will be traded on Poloniex. They will also be traded on Weaver. You are not forced to move your coins or, for that matter, even use Weaver. But on polo you have to trade btc. On weaver you can trade slk for drkslk |
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All you have to do is read a little bit to find the answers.
Everything is in final development and details are subject to change based on community input, etc
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So is the chain starting from zero with SLK? There will in theory be a large amount of SILK lost during the transition(stuff in cryptsy, unclaimed polo addresses etc), so will the projected amount of SLK available at launch be much less than SILK that exists now?
Also what is the purpose of SLK if DRKSLK is basically a better coin in all ways? It seems like you more or less built a coin from scratch with the amount of work youve put into it, and then attached it to the SILK network/name because of its community/name/price, and as an entry point into weaver, which is essentially a centralized platform, yes? Do weaver fees go to nodes processing the transactions/performing services or do they go to the dev crew to maintain the weaver platform?
Also I was originally under the impression that SLK would also have masternodes that ran services on top, but since that isnt the case, what purpose does it actually serve besides being one of a myriad of functional coin networks? Is there anything planned that will actually use both networks(besides weaver, which sort of depends on SLK/DRKSLK, not the other way around)
Should I look at SLK as a quick and easy-to-use payment method, and DRKSLK as more of an in-depth service layer?
So is the chain starting from zero with SLK? Yes, well, block 1, we lost block 0 (Genesis) that had no coins in it.  There will in theory be a large amount of SILK lost during the transition(stuff in cryptsy, unclaimed polo addresses etc), so will the projected amount of SLK available at launch be much less than SILK that exists now? We will snapshot the amount of Silkcoin (SILK) in circulation just prior to the launch of Silk (SLK), addresses attaining Silkcoin (SILK) after the will not be eligible for the swap. The swap is indefinite to start with as we know there are a lot of holders of Silkcoin (SILK) that will come out of the woodwork down the road, some of which could be large investors and we do not want to see anyone losing any investment or time. Short answer, the same as the amount of Silkcoin in circulation as at the point of launch of Silk. Also what is the purpose of SLK if DRKSLK is basically a better coin in all ways? It seems like you more or less built a coin from scratch with the amount of work youve put into it, and then attached it to the SILK network/name because of its community/name/price, and as an entry point into weaver, which is essentially a centralized platform, yes? Do weaver fees go to nodes processing the transactions/performing services or do they go to the dev crew to maintain the weaver platform?The purpose is to provide a network that encapsulates two cryptographic currencies sharing a safe platform that is trusted and are trusted. Silk will be developed further, with Stormnodes, Smart Contracts and more. Weaver is a centralised site that utilises decentralised services. Transactions and messaging are decentralised and handled by either the Bitcoin, DarkSilk or Silk networks. If the fees are for transactions from a DarkSilk wallet to another DarkSilk wallet (same for BTC and SLK) the fees are that of the networks which goes to the nodes, plus a withdrawal fee which goes towards the funding of Weaver. Our aim is to decentralise the entire Weaver platform into both DarkSilk and Silk directly and onto the blockchain. We do not like centralisation in any form as much as the next user. Should I look at SLK as a quick and easy-to-use payment method, and DRKSLK as more of an in-depth service layer?I would say that SLK is an easy gateway for users to start using and being a part of the Silk Network and DRKSLK is for the advanced user and as you put it, "an in-depth service layer", as such. So another question which might have already been answered is how exactly will the swap be performed? I know that might sound kind of stupid but I've never done a swap for a coin before.
Nice and easily. 1. Deposit your Silkcoin (SILK) to your Weaver online wallet. 2. Enter the Swap section of Weaver. 3. Select the amount of Silkcoin (SILK) to swap 1:1 with Silk (SLK) and submit. 4. Your Weaver wallet will be credited with Silk (SLK). |
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Silk is ready in terms of styling and splashscreen, code is also all done except for watch only addresses within the GUI. The watch only address feature is something that no one has within their GUI and has been worked on by Alistair (Infernoman) and credit must go to him and his hard work. DarkSilk just needs a few fixes carried out and the marketplace adding to the codebase, along with the other items in the list posted above. The team is really happy with the work carried out and being carried out. Weaver is still under development...this is something of course that will never truly end, with your input and suggestions we hope to create an enterprise platform for users of the Silk Network that wil grow and adapt for years to come. Currently security for users is our key concern with optional user pins and 2FA implemented recently. The web address for Weaver will be https://weaver.silknetwork.org and the first time people will see the platform will be when we open for user registrations in preparation for the Silkcoin to Silk swap. Now we all know you all want timeframes. Here is the plan. Get DarkSilk finished and Weaver functional. Silk is effectively ready. DarkSilk should take a maximum of 4-6 weeks to be finalised. This means we are aiming for a March launch for Silk if not before, if everything goes smoothly without finding more errors along the way. DarkSilk then would be launched in April. The Crowdsale would then happen with full Weaver functionality aimed for April/May. At this point we would then be working on new features set out by ourselves and suggestions put forward by the community. In the long term we will be looking to have Silk and DarkSilk work off of each other, in both a blockchain and real world sense. Price stability and distribution being the key focal point. This is something that has been planned, worked upon and will be set into action. This is a currency we want all Bitcoin users to be questioning to switch to, altcoin users to use without question and new adopters to choose over all others. |
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Silk will be still pure PoS, it will have 10000 blocks of PoW at the start of the new chain but these blocks give a 0 block reward and simply allow the chain to progress into PoS smoothly.
Coin Suffix: SLK
Algorithm: Scrypt
PoW Period: 10,000 Blocks
PoW Target Spacing: 60 Seconds
PoW Difficulty Retarget: 10 Blocks
PoW Reward per Block: 0 SLK
Full Confirmation: 10 Blocks
Maturity: 350 Blocks
PoS Target Spacing: 64 Seconds
PoS Difficulty Retarget: 10 Blocks
PoS Reward: 2 SLK Static PoS Reward
Minimum Confirmations for Stake: 350 Blocks
PoS Min: 12 Hours
PoS Max: Unlimited
Total Coins: 2,000,000,000 SLK
Block Size: 2MB (2X Bitcoin Core)
DarkSilk will be PoW and PoS. PoW will be Argon2d, GPU mineable and without restriction in terms of time or blocks. PoS will be using the Blake2B algorithm.
Coin Suffix: DRKSLK
PoW Algorithm: Argon2d
PoW Period: Unlimited
PoW Target Spacing: 60 Seconds
PoW Difficulty Retarget: 10 Blocks
PoW Reward per Block: 1 DRKSLK
Full Confirmation: 10 Blocks
PoS Algorithm: Blake2B
PoS Target Spacing: 64 Seconds
PoS Difficulty Retarget: 10 Blocks
PoS Reward: 0.1 DRKSLK Static PoS Reward
PoS Stake Split Combined Threshold: 500 DRKSLK
Maturity: 100 Blocks (~100 minutes)
Minimum Confirmations for Stake: 1440 Blocks (~1 day)
PoS Min: 1 Hour
PoS Max: Unlimited
Stormnode Collateral Amount: 10000 DRKSLK
Stormnode Min Confirmation: 10 Blocks
Stormnode Reward: 0.25 DRKSLK Static Reward
Budget Reward: 10,000 DRKSLK Static Reward Every 41,091 blocks (~30 days)
Budget Proposal Fee: 100 DRKSLK, 20 confirmations (~20 minutes)
Total Coins: 90,000,000 DRKSLK (~105 years)
Block Size: 20MB (20X Bitcoin Core)
Do ignore 'Block Size:' as they are not final.
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Hello, i have bought silk after reading this thread. I Looking forward to swapping for the Dark Silkcoins once rhe reaver has started. WHEN is the swap to Dark Silkcoins starting? This is my first post here! Finally made the dive. It is good read. But i read that there is a swap but there is nowhere to swap currently? I would like to use my silk on the Darknet. Is there a link to your dark market?
I know you stated you read the thread, maybe resd more of the thread from page 114 onwards for a full picture. After you have read that I am willing to bet most of your answers will of been answered and you'll have new questions  OKAY i read some more and seems you say there is a dark market on i2P? How do i connect to i2p? I think he asked you to read because there is no swap from SILK to DarkSilk. The swap will be from SILK to the new SLK. To get DarkSilk you can either buy in the ICO or mine them after launch. Or trade SLK for DRKSLK via Weaver, but all of this, including the market is in the final stages of development. |
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Do we have a visualization of the Silk Network? Like a flow chart or something would help see the interconnectedness ..
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OK, have you decided what the price per DRKSLK will be for the ICO?
I'm not sure. Spencer or Greg may know |
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New Silkcoin folder updated for quick sync including nodesFor Newcomers download and install the silkcoin wallet first start the wallet for a minute or so then exit Get the updated files: Download the silkcoin.zip file, it's around 900megs.. Files here On Google Drive Then use the search feature for windows, and search for %APPDATA% Once you're there click " Roaming" then goto the Silkcoin dir. This is the folder where silkcoin wallet keeps the data Then extract everything over, everything from silkcoin.zip file, into the silkcoin folder you found in the %APPDATA% search. Overwrite all.
Don't delete or play with your wallet.dat file.PS: You only need to do this in case of trouble, loss of data, no sync wallet, or new to the silkcoin Good Syncing and Welcome to the Camel World THANKS ttoroie! Very easy and fast |
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I think there was talk of an ICO. When will this be going on if so?
That along with a coin swap, what would be the swap ratio? 1:1 Etc.
Could someone answer my questions? Thank you The old Silkcoins will be swappable 1:1 for the new Silk SLK. This will happen 1 month prior to the DarkSilk DRKSLK ICO. When will DarkSilk be released? When its done! There will be two sets of coins SLK and DRKSLK, the benefit of heaving two independent coins instead of just one has yet to be disclosed. There are no set dates to ensure development is not hastened by community pressure. Okay thanks for the feedback. – – There will be two sets of coins SLK and DRKSLK, the benefit of heaving two independent coins instead of just one has yet to be disclosed.. I'd be curious to know what the reason is. Instead of just doing an ICO. Cheeky  I've edited my comment not to disrespect anyone, The whitepaper explains a lot https://t.co/qgsO4yV0rLThe ICO is needed to raise funds to support the network, managed by Silk Network Ltd. https://bitcointalk.org/index.php?topic=676976.msg13314846#msg13314846The Silk Network ANN OP will have everything in detail about the ico, swap, marketplace, weaver, etc. Until then, surfing through the pages of this thread will answer most questions. |
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Broke 1000sats!  |
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Still say this is the most undervalued coin on Poloniex... Honestly this is going to be an epic couple of months... Awesome response by the way about releasing when the code is ready. This is why Silk is going to rock... Solid plan, solid coin...
..Solid community, Solid Dev Team - the number of people working on this project behind the scenes is hard to believe. Grows stronger every day |
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Is this swapping of coins automatic? sorry for my technical ignorance No, I don't think its automatic. I believe that when Silk (SLK) launches we must send our coins to the Weaver to swap 1:1 Silkcoin (SILK) for Silk (SLK). The swap will be indefinite so no one misses out. |
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Could you help me with a couple of questions please.
With the decentralized market, will it be possible to pay for goods using Silk or will it be DarkSilk only?
With Silk being accepted as payment for Weaver services, how will the USD to Silk rate be determined? Will it simply be based on the current Silk/BTC rate on exchanges?
Thanks.
From my understanding the market place will be DarkSilk only. The USD to Silk rate will be determined based on the current Silk/BTC rate on exchanges. But these are not really your questions i think. The main theme underlying you questions is why consider Silk, will it be worth the risk of an investment. To this i would say yes! Whatever happens to Silk you can be sure that it won't be just an apendix. Have trust in the developers, have trust in the weaver, have trust in both of the complementary coins. Thanks. You're right in a way, but it's not that I'm considering investing. I had some originally and invested in more when Spencer first began posting as SCDeveloper and was saying things like: DarkSilk is an entirely new coin with the opportunity for Silkcoin investors to buy in below the market price upon launch and continuously throughout its existence. However, if the USD to Silk rate is determined by the rate on exchanges then Silk investors pay the exact same as everyone else. That's fine, it's obviously their prerogative to go back on that, but it almost feels like a cruel joke that the Silkcoin thread's been used as a de factor prelaunch thread when practically all of the development work and exciting new features are going into DarkSilk. My point is, aside from at least giving us a functional chain by cloning BLK, nothing being proposed gives anyone an incentive to invest in Silk itself, nor gives it any more value. If you get the same rates for Weaver services with BTC as Silk, why bother with Silk? It feels a bit like this has just been glossed over. Is Silk only being included as a token gesture or in order to fulfill some past commitment? Or is it as Orestes believes, after you've finished with all those exciting new features for DarkSilk and DarkSilk's tesing and DarkSilk's launch will Silk be further developed? My last commit to Silk was three days ago. Watch-Only, MultiSig Addresses, CheckLockTimeVerify and more. The new Silk is not just a send and receive coin. But obviously it is hidden snuggly away in a sand dune where no prying eyes can fork it Silk, DarkSilk and Weaver are integral to each other. The system itself is almost like a feedback loop, self perpetuating. A lot of thought has gone into this. On top of that and the foundation of code we will be begin with, the growth, development, direction and improvements to Silk and DarkSilk will be continual. There is also no reason why we cannot sell DarkSilk at a better rate for SILK than for BTC in the crowdsale... Also with the marketplace in DarkSilk, payments for goods will be accepted in SILK as well as DRKSLK.
If not a better rate SLK for DRKSLK in crowdsale maybe we can do an "introductory rate" for a limited time in the Weaver? |
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Price is moving, once you guys release your stuff is time to fasten our seat belt and get ready for a nice upward trend.
In any case you did a miracle: you got a dying coin and look where it is now.
Well done
Go Silk Go!!! man i can't wait for the release so freakin excited  |
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Silk is ready in terms of styling and splashscreen, code is also all done except for watch only addresses within the GUI. The watch only address feature is something that no one has within their GUI and has been worked on by Alistair (Infernoman) and credit must go to him and his hard work. DarkSilk just needs a few fixes carried out and the marketplace adding to the codebase, along with the other items in the list posted above. The team is really happy with the work carried out and being carried out. Weaver is still under development...this is something of course that will never truly end, with your input and suggestions we hope to create an enterprise platform for users of the Silk Network that wil grow and adapt for years to come. Currently security for users is our key concern with optional user pins and 2FA implemented recently. The web address for Weaver will be https://weaver.silknetwork.org and the first time people will see the platform will be when we open for user registrations in preparation for the Silkcoin to Silk swap. Now we all know you all want timeframes. Here is the plan. Get DarkSilk finished and Weaver functional. Silk is effectively ready. DarkSilk should take a maximum of 4-6 weeks to be finalised. This means we are aiming for a March launch for Silk if not before, if everything goes smoothly without finding more errors along the way. DarkSilk then would be launched in April. The Crowdsale would then happen with full Weaver functionality aimed for April/May. At this point we would then be working on new features set out by ourselves and suggestions put forward by the community. In the long term we will be looking to have Silk and DarkSilk work off of each other, in both a blockchain and real world sense. Price stability and distribution being the key focal point. This is something that has been planned, worked upon and will be set into action. This is a currency we want all Bitcoin users to be questioning to switch to, altcoin users to use without question and new adopters to choose over all others. Great news Thanks for sharing! Much anticipation for this project with so much potential. The last paragraph ^^ makes me smile. A binary coin feedback system |
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Hello DarkSilk and SilkNetwork members. I just wanted to let you all know that in a few days here I will have some screenshots of the SilkNetwork website. I'll be looking for some input on the layout and styling of the site to see what everyone's opinion is. Feel free to contact me @ m.langdon@silknetwork.org if you have any ideas or suggestions. Hope you all had a very good Christmas and enjoy your New Year! How's the website coming? We're all primed and ready to spread the word about Silk Network .. |
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Splashscreen looks great!
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Can the public know how many devs this coin has? It seems someone enters this coin every now and then. I would like to read more about the weaver, where can I find some more info? Why don't you have an internet site for god's sake  4 developers, full time - Spencer Lievens, Matthew Langdon, Amir Abrams, Gregory Betz (in order of joining) 1 developer, work hand-in-hand - Alistair Clark a.k.a Infernoman i.e. Transfercoin 2 freelancers, whenever needed - Sakr (Mobile Applications) and Wolf0 (Algorithms/Programming) current git ignored, no tx yet. and master issues still there. i have my own working one, but i dont want to mess up your development. conf rule.. fix it. so i am waiting you guys to get this UP! and BIG.. ps. orphan rules are outdated and stalled rules has to time to correct. still the best coin i have ever seen, ( when it is ready) Thank you Cisa, if only the non-code literate could realise the depth and technicality of DarkSilk Code?? We don't care bout no code! Just show us some pretty pictures and tell us it will all be ok |
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