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61  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: December 30, 2015, 06:57:12 PM
Myself and Amir Abrams have been working hard at getting the codebase finished for DarkSilk and into a testable state once more.

Currently we are putting in some additions from Bitcoin Core and tying it all together with the new Dash Core code that we have implemented and the existing underlying Blackcoin source.

Matthew Langdon is hard at work on the user accounts of Weaver and the wallet system that accompanies them, which is of course a priority as we want to open registrations ahead of the Silk launch and swap period beginning.

Gregory Betz seems to still be eating turkey and probably is lost in a sea of chocolate, however, upon his return he will be recalculating DarkSilk supply etc. for the PoW changes being implemented to secure the 3rd Tier of the DarkSilk network (Stormnode Quorums). Cheesy

Jan Fox, the graphic designer, is still to deliver the final splash screens of DarkSilk and Silk, the logo for Woven within the Weaver platform and he is also creating the graphics for the new thread and its respective OP. Jan's work will be credited in the sourcecode for both Silk and DarkSilk along with his website and contact details if anyone wishes to contact him.

Still a lot of work but the finish line is now in sight.

Got more active devs then active members of the community. Def a first in crypto lol

Must be many silent lurkers 
62  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: December 28, 2015, 08:24:08 PM
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!

Can't wait!
63  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: December 21, 2015, 05:08:10 PM
It's official, @Silk_Network is #LTD. @FidorUK it's coming close to that time. #Silk #DarkSilk #Weaver #Fintech #Alt

https://twitter.com/Silk_Network/status/678974527037153280?lang=en



Great news!

Supremely legitimate and transparent - Setting the new standard for altcoins!
64  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: December 21, 2015, 05:19:13 AM
No unfortunately users don't seem to even know their own coin, even though they have invested in it and have been using for however long.

Silkcoin code (old Silkcoin):

static const int64_t MAX_MONEY = 2000000000 * COIN;

2 billion coins.

Sadly I think Greg did his math based on 200,000,000 coins which is incorrect, Greg has only joined in the last few days and doesn't have any previous dealings with Silkcoin, so he isn't to blame.

New Silk code:

static const int64_t MAX_MONEY = 2000000000 * COIN; // 2,000,000,000 Total SLK

^^^ Same as the old Silkcoin, 2 billion coins ^^^

The code is open-source for a reason. Look at main.h of the majority of altcoins and you will see the MAX_MONEY value.

OrsonJ, please understand the difference between MAX_MONEY and the total coins that are CURRENTLY in circulation. There are ~44 million Silkcoin in circulation and 2,000,000,000 total is the max amount that can EVER be produced.

Not being rude, not directed at you OrsonJ, but I have had to answer this question over and over and over again.

I find it a bit odd that people are aware that Bitcoin will only ever have a certain amount of coins ever, but when it comes to altcoins that understanding seems to fly out of the window.

It is a bit worrying that there are a huge amount of people investing in something they do not fully understand. In fact this is very worrying.

I offered a Skype call with everyone and a Google+ hangout but no one attended, it is quite obvious that people have questions and also need teaching and guidance.

Oh and yes, I have just woken up, wish I had never gone to sleep lol

Sorry I must have missed the earlier discussions about the supply. It would be helpful if this sort of thing was in the OP since not everyone has time to go looking through the code (but I understand this thread is just a stopgap).

So if i've calculated correctly it'll take more than 190 years for the Silkcoin supply to reach 2 Billion. And that's if none of the original supply was actually swapped. I'm a bit concerned about the amount of SILK that leaves the team in control of.  It's not that I don't trust you guys, but if 75% (33m) of the original Silkcoin's current supply (44m) is swapped during the first 3 months, you're still left holding over 1 Billion 960 Million SILK. There's a good chance that will make potential investors a little nervous. Is it something you've given any thought to? Apologies if this has already been covered too, it's a pretty fast moving project and thread and I haven't as much time to dedicate to this sort of thing as I'd like at the moment.

You of all people, Orson, should know that the 2 billion SLK will not be generated for 1984 years. Wink

My bad I misunderstood. I thought there was 2 Billion SLK being premined for the silkcoin swap.  Cheesy

There are two new coins: Silk (SLK) and DarkSilk (DRKSLK)

SILK will be swapped for SLK at a 1:1 ratio on the Weaver.

DarkSilk will launch 30days after silk swap.

You will be able to exchange SLK for DRKSLK on the Weaver at the current market rate.

The whitepaper has much more detail
65  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: December 19, 2015, 06:51:36 PM
The Silk Network WhitePaper December 2015 has been released on Slack.

Just PM your email to gain access to the Slack group.
Just release it here...

https://www.dropbox.com/s/8r2g16ls5ug7eop/Silk%20Network%20Whitepaper%20December%202015.pdf?dl=0

Hope you find the whitepaper informative.

Wow! Awesome job, team! I didn't realize there's four active devs on this project. Very impressive

Currently reviewing the paper and developing a list of questions I'd like clarification on. Will post once complete.

Keep up the great work! The future is going to be very exciting Smiley
66  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: December 05, 2015, 05:28:06 AM
Finals, low resolution.



This is f*ckin' awesome!

Agreed. All the logos black and white makes it consistent, uniform, crisp, clean.  Great work!
67  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: December 05, 2015, 05:25:20 AM
which exchange has this coin with high volume?

Polo. High for us anyways Smiley and expect more to come
68  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: December 03, 2015, 10:34:32 PM
Weaver looked better black and white
69  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: December 03, 2015, 03:52:18 PM
Site for Foundation Demo 2:

http://imgur.com/a/pfoIH

Looks good. Thanks for your help, Empinel!

The silk team grows stronger every day Smiley
70  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: November 17, 2015, 04:10:07 AM


              Keep Up The Good Work SLievensDRKSLK

You can all refer to me as Spencer Lievens. Don't have to use my handle on BCT Wink

Keep up the good work, Spencer! We love ya bro  Cheesy
71  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: November 12, 2015, 09:52:47 PM

Cool deal man thanks!
72  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: October 31, 2015, 10:58:24 PM
imo, the 45mil premine is necessary. It allows silk holders to swap silk for drkslk, if they so choose. And its not a traditional sketchy "premine" like we see in crypto. What we are doing is completely transparent and gives everybody the same chance to get their part of the "premine" via silk swap.
73  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: October 29, 2015, 04:54:08 AM

Very excited about DarkSilk Smiley This should be the huge launch all of us long term silk holders have been waiting for Cool

I couldn't agree more. We're all very excited! Keep up the good work! I'll throw dev some bits in the next day or two
74  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] on: October 24, 2015, 09:37:26 PM
for testing purposes please send coins to DEzWTzVBwpg5aUyJqYSkwRM9omUztfUKMR

Thanks!
75  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][FULLPOS][DARKSILK PREANN][TESTING STORMNODES/MARKET/I2P] on: October 16, 2015, 09:02:34 PM
Currently building MacOSX and Windows 32bit and 64bit wallets for you guys to get this beast tested.

You can message me and I will send you 2k coins to play with and try setting up stormnodes, InstantX sending and sandstorm (darksend).

Qt takes ages to build so it will be a few hours.

Can we test the wallets yet?
76  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][FULLPOS][DARKSILK PREANN][TESTING STORMNODES/MARKET/I2P] on: October 16, 2015, 09:01:43 PM
You da man! Can't wait to launch
77  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][FULLPOS][DARKSILK PREANN][TESTING STORMNODES/MARKET/I2P] on: October 01, 2015, 02:53:11 PM
I have removed split staking and after looking at Blackcoins PoSv3 I have realised that the incentive to stake higher amounts is pretty pointless as their PoSv3 just pays out a fixed amount of 1.5BLK regardless of amount staked.

I am changing this PoS code/calculation and we will have our own variation of PoSv3.

The calc is as follows:

Staked Coins x COIN x 6 / 150 = STATIC_POW_REWARD

(On another note I am now able to edit my signature and I have, added all my GitHub/donation addresses)

1 btc donated. Keep up the great work! We're all very excited!
78  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][FULLPOS][NEW.BETA V1.1.1.1 DOWNLOAD HERE] on: September 20, 2015, 08:52:17 PM
For those who are more into electric circuits the effects are likened to a RLC-circuit https://en.wikipedia.org/wiki/RLC_circuit, watch this:

Power Source (V) - the Weaver by influx of Value
Resistor (R) - the Exchanges by selling pressure in Silk
Inductor (L) - the Stabilization Fund by change Opposition
Capacitor (C) - the Wallets with the stored DarkSilk

For comparison sake:

|

You can see all crypto short circuiting around us haha. All this would not have been possible without the weaver. I'm excited!

If used correctly all laws of physics should apply making the system more predictable Cheesy.
Silk would be DarkSilk in current. Which is funny because that would exactly describe price changes, currency. haha!


SLievensDRKSLK, what do you think of all this?


I would like to hold a community meeting where this can all be discussed. Skype?

Really good stuff man. Thats funny about other cryptos "short circuiting" haha it makes sense!

How would we determine the conversion rate to drkslk? And drkslk would have to have an infinite supply?
79  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][FULLPOS][NEW.BETA V1.1.1.1 DOWNLOAD HERE] on: September 20, 2015, 06:21:32 AM

And what's the driving force behind this machine? I mean, i like this machine because it will increase the value of silk, but why? Why will someone want to swap for drkslk? And what use-case is that? And if I'm going through all this because I really want drkslk why don't you just list it on the exchange for everybody to buy?

- the devil's advocate

This was bugging me, so I woke up understanding that it is not necessarily done by the user. It needs to be a mandatory constraint and could thus be seamlessly done. With Silk only existing on exchanges and DarkSilk only in wallets. This would give the benefit of a two-coin system while acting as a one-coin system. This should be easier for the Dev and the exchanges as well.


There only needs to be one wallet for exchanges, Silk; the gold to hold.
And one wallet for users, DarkSilk; the metal to work with.





Imagine you have Silk on your exchange account and you send it to your DarkSilk wallet address. The weaver picks op the first letter of the address string and knows it needs to be swapped first. Same for sending DarkSilk to an exchange, at the moment Silk addresses start with a B so the weaver could know what to do on that trigger. No hassle for the user. And all public or exchange Silk are potentially swapped for private or wallet DarkSilk.

Now same can be said for alternative correncies for example Doge. If someone sends a Doge coin to a DarkSilk wallet the weaver could know by address what coin it is and how to swap it. Creating DarkSilk and storing the Doge in the Fund. All seamlessly done without interaction of the user.

In the end all alternative currencies need to be valued against Silk, not BTC, much like the Dollar-Oil coupling. This means that Silk should end up being paired on exchanges, a bold move, but hey why not aim high Grin.

Fucking genius
80  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SILKCOIN][FULLPOS][NEW.BETA V1.1.1.1 DOWNLOAD HERE] on: September 19, 2015, 04:54:24 PM

Foundations for DarkSilk and Silkcoin should be setup respectively.

Would be cool to have a voting system
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