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take a look at visacoin , poscoin , edgecoin ......that's terrible....... no escrow , no ipo ,that's a rule ....... All these you mentioned used escrow,isn't it?
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If this project is real you'll probably want to speak with someone from Nxt core team: Cfb, Jean-Luk etc.
We are waiting for parallel chain from Nxt team,and we also implement parallel chain by ourselves. Either first come will be implemented.
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2) Also, what is the advantage of this over Proof of Stake? Does this still have the same 51% attack problem that POW does, except using storage space? Seems to me like Proof of Stake might be more secure..
With Nxt transparent forge implemented,no 51%. 3) And again, will your share of the proof of storage be based upon the number of bytes you are storing or the number of bytes you can store? Seems to me like the Reed-Solomon coding method can only detect how much storage is being used, not how much you are providing.. right? Based on the number of bytes you are storing.
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Maybe, you can outline the following issues:
1) What is the purpose of the blockchain tree?
2) What is the root supposed to be?
3) Why focusing on the hosts for providing storage?
+1, would like to hear from Dev on this one. 1)distributed storage,eliminate waiting time for updated data and search. 2)master chain/parent node. 3)here,host=Acc/node. Maybe, I expressed myself not well enough. Let me clarify. 1) I see, that trees could help here. Why exactly this type of tree? There are many other types of tree(-like) structure? 2.0) Node = Blockchain? 2.1) So, StorageCoin will not only use 1 parallel Nxt blockchain but many? 2.2) Each child node needs to implement the master/slave protocol? 2.3) How deep will that tree structure supposed to be? Will is build up dynamically? 3) Err, wait. Account != Node. Node = physical device; Account = virtual entity. What is a host? I cannot be both. 1)it's just a choice. 2.0) No. 2.1)many. 2.2)Yes. 2.3)depending on the storage volume dynamically. 3)"forging" account=node.
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Nowadays, even some scammers do escrows.
Right,even with escrow,STC still may be "scam". All you should learn to invest by yourself rather than depending on escrow or something other. Another,IPO is just a method of distribution .
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HI ,I send 0.09BTC to you ,but how can i get stc
Received ,you are on IPO list. After STC released,all STC will be distributed to all investors proportionally.
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Nxt Parallel Chain is a concept, not in production yet. How do you make sure that Nxt Parallel Chain will be implemented?
Nxt Parallel Chain is being implemented by Nxt lead team.
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I want to the free coin
Just leave your Bitcointalk username on right place.
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The question is that if IPO participators share all the total Storagecoin proportionally then from where you pay some STC(what is some? Is it depend on on your mode?) to 140 posters and 10000 STC to translators?
I will also invest some BTC,bounty will be from my personal shares. Very good to see this,It will increase my confidence to STC, Please let the community know which payment is yours, when you made it. according to BTC proportionally
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The question is that if IPO participators share all the total Storagecoin proportionally then from where you pay some STC(what is some? Is it depend on on your mode?) to 140 posters and 10000 STC to translators?
I will also invest some BTC,bounty will be from my personal shares.
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Please do not use the GOOGLE translation! Please do not cheat for translation. My translation is type-in by myself, not copy from Google translation. This thread is totally copy google translation, the url: https://bitcointalk.org/index.php?topic=571338.0I'm from china, but i don't understand. So i do it again order to real translate it. If you don't believe can translate the replies. If you dont want the real chinese translation i can delete my thread. LOL. Thanks for your translation,PuYang,you are on list. z21770179 is cheating.
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I honestly cannot believe those methods still work.
List your reason,please.
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Maybe, you can outline the following issues:
1) What is the purpose of the blockchain tree?
2) What is the root supposed to be?
3) Why focusing on the hosts for providing storage?
+1, would like to hear from Dev on this one. 1)distributed storage,eliminate waiting time for updated data and search. 2)master chain/parent node. 3)here,host=Acc/node.
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it is our original layout. We also wait for release of Nxt parallel blockchains for STC.
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Please do not use the GOOGLE translation! Please do not cheat for translation.
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How many coins you're planning to put in IPO? I didn't find this info in announcement.
all 1,400,000,000 STC
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thanks,you are on the free giveaway list.
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are you kidding me , post again? that means post in last thread is shit?
Sorry,last thread has been deleted.
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Hi storagecoin,
I am curious, can you say whether or not the IPO will close before or after parallel chains are implemented? As an investor, I would like to make an informed decision (ie. how parallel chains will really work) rather than speculating.
Thanks, Pandaisftw
IPO will be closed before Parallel Chain implemented.
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We have canceled aboved IPO. We found a much better method based on Nxt parallel Chain instead of blocktree. Oh, please leave one free giveaway. Can I use Escrow Service? Free giveaway moved here . We will not use escrow.
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