Setting some buy support at 18k sats. Ready to catch some knives
Good luck with that. Lol. I'll be a speed bump at 26k sats.
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question to all.. appreciate in advance and sorry for not being able to lookup myself
what is max cap on number of coins in SDC ?... thank you!
with there being 2million in tokens it only leave 4.5million SDC for distribution thank you!... wow.. that explains small transaction amounts.. I had a hard time to fill orders yesterday.. excellent.. that is low... wow.. happy happy , thanks again It will grow annually 2% but @thewarners777 is right, only about 4.5 SDC out there right now. Is there any news on the independent code/security review that was commissioned a while back?
Nothing new from the review. This tells me it's going to be thorough, which is great!. I'm sure it's being done in reviewers free time so it'll take some time. And, he wasn't part of the project so whatever he produces will be linking the 2 parties forever... his neck is on the line to - good or bad. So more thorough and succinct the better for me! I wouldn't mind an update though
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Some stupid questions:
1. How much SDC is added per year to the supply? Am I correct in saying staking is like earning interest on fiat money in a bank?
2. What's stopping someone from buying up over half of the 6 mill SDC out there if all the coins have been distributed already?
So all 6 mill coins are already out there? And the number is slowly ticking up?
This seems pretty genius to me the more I think about it ....SDC is still somewhat scarce and you are able to earn interest on your money...
1a. 2% added annually 1b. That's how I view it. I've got my wallet open 24/7 and get 3-5x my ratio of coins owned/current supply. So I'm hoping that translates to my wallet earning 6-10% annum. 2a. someone could do that if they were on an exchange or OTC 2b. Current supply is over 6M and they are all out there 2c. Yes, @ 2% annum.
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This thread sure was lively today. Great seeing new faces posting/asking questions/chit chatting.
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Paycoin should rebrand itself & change it's name to just PAY. Lose the "coin". It's working so far for Darkcoin DASH
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Yeah, I hope you are both right, but so far, after observing the market, i've noticed many buy walls appearing, disappearing, mostly to push the market up. If you wanna buy stuff, you usually don't put a buy wall of 15btc, 2k over the last buy offer.. Anyway, my doubts are not really about the price, but mostly about the fact i've never seen in crypto a market move up like this, after no news, or no release... It looks like people just discovered shadow! I agree. It's obvious the 2 or 3 articles that hit earlier in the week at the same time spurred some new blood. Imagine a Major Announcement.
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Hi all
There will be more coming within a few hours.
Whatever noob
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LTC's looking about as buoyant as a lead balloon these days. Latest pump lasted all of 4 hours. Chikun's had its wings clipped. Smart LTC holders used that pop to GTFO. Smart LTC holders rode the gravy train to 35-45, jumped to BTC for a softer landing, swapped to DRK for some more fun in the sun before cashing in for a Tesla, signing up as accredited investors and playing all day long on AngelList while reinvesting in BTC (or fill in the blank) to position for the next innovative crypto project. Notice how they never went back to LTC ever again
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Also, who owns these addresses? They are top 5 on rich list...
1 SYdHbncdAo84bfEjrM4AyvHyWYxSCfJ2pa 853,545,041.88 8.54 BTC $2,128.40 2 SS3iaXzwwpcDcncGfyr9mDQXwHE8Zmkp7V 577,377,487.11 5.77 BTC $1,439.75 3 Sfv6npNh7Rs7fyZjPMbG77eSNBLkReJTwj 548,362,165.38 5.48 BTC $1,367.40 4 Sgnx1VXaeFyBDk1oqQxn9iGu1fTFhBrHMf 523,174,508.14 5.23 BTC $1,304.59 5 SUX7z7y2H2e5CdQi8riM5KK1vdKAFpDPia 442,291,070.92 4.42 BTC $1,102.90
Is it good that 5 people hold so much of a coin if we don't know who they are and could just dump at anytime and just turn all our coins to dust? Just want to see if any of them are active here...
It's already dust. It's at .00000001 satoshi. 5430 satoshis is the dust limit on BTCAnd what's it matter if I dump when it's already at rock bottom prices? This is all just a game anyways. Close to 2,000,000,000 BALLS were made just yesterday. I don't think you'll find too many buyers departing with 5 BTC for my balls. Or even ~30 BTC for his balls, his balls, her balls and your balls.
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.... it's NOT just a mixer with masternodes....
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man! Hi, Just to clear something what is seen wrong. The api is not a node or mixer whatever. I will try to explain in short words. The wallet asks the api about which node to the subchain is available and choose random out of possibilities. The api returns that node and it's public key to encrypt the destination address. The wallet sends the transaction to the chosen node and the transaction details enter the subchain where there again an exit point in this subchain is chosen And where the transaction is send to. There it gets decrypted and enters the navajo network again sending to the final receiver. That process uses double encryption over the subchain and is not traceable. This is exactly what has been implemented and an API based technology is used only to select a specific node from which the Navajo Transaction is Channel through rest of the processes happen directly within the subchains and rest of the NavajoCoin Network , which you can clearly see and clear your doubts on the whitepaper. Regards Shahim Sorry, yes you're right I chose the wrong descriptors. When I say centralized I mean controlled by 1 entity, meaning the Navajo Foundation. I should have said centralized gateway instead of node. Meaning there is only 1 place to get on the on ramp to the magic gateway. There are multiple nodes (possibly 12 or so?) based on how many servers the foundation has set up? [speculation] Once the rest of us can open gateways (and collect a fee) then it will, of course, be decentralized. Looking forward to updates to that end.
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Dash will be vanished by Shadow Looks like the guy who created the new DASH logo might work here: http://www.lashchevy.com/I see the skew font inspiration now!
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.... it's NOT just a mixer with masternodes....
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man! Hi LiteBit welcome here man! I see your signature, but no thanks. feel free to post around but don't make a fool of your hero member status by speaking non-sense like you just did above Let the FUD begin.... Well I hold over 0.75% of NAV total supply so call it what you will. I call it support.
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.... it's NOT just a mixer with masternodes....
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man!
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Dev, Is this going to follow the original Darkcoin block reward schedule? In otherwords, are the first 2 million coins (40% total supply) going to be mined in the first 2 days of this? (I see it started this morning).
I'd like to know so I can switch over some ASIC to grab some of the Darkcoin instamine rewards THIS TIME
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Really nice coin with a great projection, i think we will se this at 1 million satos each, time will say
Would be nice! You're correct "time will say". We still need to work on the distribution though and that will happen best with a slow/steady ride up. ~45% of total coins are still in only 17 addresses: http://pastebin.com/fL1Qq8p1 (source: http://shadow.blockexplorer.cc/richlist/index.php?min=10000) This has nothing to do with a premine/ico/ipo/ninja launch but has everything to do with this graph: The project team has steadily delivered results and supporters have steadily been coming in at a stable price for months. This also allows supporters with the proper means to increase their holding for the inevitable price rise they feel is deserved for a worthy project. So I'm hoping for a slow/steady rise into the summer as ShadowMarket and ShadowGo are released/upgraded. This will hopefully facilitate profit taking = coin distribution. I've said all along I'd value the Shadow project at $1 ($6.5M marketcap) as a baseline even in it's current state. If we can build up to that by the end of Q3 of this year then I'd be really happy! After that, who know, the moon?
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New All Time High hit on Poloniex! 44,999 shadowshis satoshis
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On behalf of the Shadow community:
I respectfully request the Team give us an official update / progress report regarding the Isidor Zeuner peer review. A great deal of time has passed without any official update here on BCT.
Thank You.
Yeah I was wondering the same thing. Where are they at?
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I am on windows but i am not tech sawy at all, i dont even know what IRC 4 means but i am interested in this project and want to buy some shadowcash and have a wallet that i can backup like multibit ( the one i have for bitcoin) could you help me maybe? basically when i download the client for windows i just have lots of file in my computer but when i click open on all of them none actually open the clients You should be able to just click shadow.exe and it will open and then sync.
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I gotta feeling that with the tx fees for anon sends the rewards for staking will be more (maybe a fair bit more) than 2%/annum. Just speculating…
I think you're right. My network weight for staking is typically 3-4x the equivalent coins/total supply I have. For example if I have .25% of total coins in a staking wallet, it is earning 1% of total network stakes. 4x.25=1 I haven't taken that further, but it seems to mean that I'm more around 8%/annual vs. 2%.
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