Tokens are values at 1 BTC, so the number sold will be however many BTC we raise is how many will be sold. And the number raised / 5% is the total number of shares we will have.


We need to raise money, we want users to be able to buy a stake in the wallet, and the money will be used to pay developer salaries and for advertising. Mostly salaries I think.

Probably. Depends on what Telegram allows. It would all be within the wallet though.


The new wallet is being written completely from scratcn, and is based on ReactNative with Bitcore as the initial bitcoin plugin. We may write an "update" that converts your data to the new wallet, but it would obviously be easier to just have users transfer money from old one to the new one.

We're hoping by end of the year. No idea.

We at Mycelium are officially announcing our new wallet, along with all the features that, until now, we have been keeping secret. The new wallet will also be simply called Mycelium, since it will no longer be just a typical wallet. Here are some of the features to look forward to:

• A plug in API that will allow anyone to integrate their own services and features directly into the wallet. Mycelium Wallet already supports multiple features - like Locks, Cashila, Trezor, Ledger, and soon Glidera - and we constantly get requests from companies asking us to add their services to our app. But every time that procedure involves our developers sitting down and coding the features themselves, for weeks at a time. This severely limits the number of third party support we can implement, and distracts us from adding new innovations happening with Bitcoin itself. As you know, Bitcoin has new things invented and added constantly, so just keeping up with that is a full time job. With the new API, businesses and developers will be able to add their own plug-ins quickly and easily, without bothering to beg us every time. This also allows businesses to focus on their core business strengths. For example, an exchange's main job is to create and manage trades. Making a custom wallet specifically for their exchange is a distraction and an unnecessary cost. With our wallet, they can let us focus on the front-end, UI, and trade functions, while they focus on just making sure all their users' money is handled securely and trades are settled correctly. Eventually we plan to have Mycelium be your one-stop app for all your crypto and finance needs, storing, trading, and managing all your cryptocurrencies, digital assets, and even fiat accounts.
• Support for multiple currencies and digital assets. The new Mycelium app will support many more digital assets besides just Bitcoin. With the help of the plugin API architecture, anyone would be able to add support for any type of currency or asset, be it Litecoin, Doge, ColoredCoin, Ether, Factom, or personally issued assets like stocks, tickets, or hotel keys. We are uniquely positioned to have an advantage in this, because Mycelium already runs a set of highly optimized backend servers that handle and transfer digital assets. We plan to extend this backend architecture to support many more such assets.
• Mycelium is becoming a full financial management suite. We will no longer be developing just another wallet, but something that will be similar to applications like Quickbooks and Mint. The new app, besides helping you manage various assets, will let you perform a large number of financial management functions, from creating, tracking, and paying invoices, to tracking budgets, revenues and expenses, profits and losses, inventory, and customer and contact lists. There will also be social media integration, and encrypted communication built right into the app. The goal is to allow anyone, from someone managing their personal finances to someone running their large business, manage all their finances right from our app, whether it is sending money to family and friends, or tracking business expenses and making sure their customers and vendors are taken care of.
• Support for multiple platforms. Mycelium is switching to the ReactNative platform, and going fully open source. The new platform will allow us to run mostly the same code on Android and iOS (with Windows Phone and eventually PC in the near future, too). All users will have the same user experience, and have access to largely the same functions (except for some hardware limitations).

We have been working on this new wallet in secret for over six months, and have decided to allow our most loyal users and supporters to share in our future growth. We are positioning ourselves to be the one wallet for all your needs, with the largest number of customer use due to widest third party support, and largest third party development due to the largest number of users. Our future revenue will come from licensing and revenue sharing from third party plugins, as well as from services we at Mycelium will develop ourselves (Gear, Swish, Card, etc.). Effectively, we plan to be like a Google Play or Apple Appstore of all things related to crypto finance. To let our users participate in the growth and help us along with development, we will be having a crowdsale, selling a 5% non-dilutable stake in Mycelium (SAR) directly on the blockchain. To find out more, please check out https://wallet.mycelium.com

That would be up to Coinapult to add. We'll implement it whenever they're ready. In the mean time we have something else much bigger in store...

Select your transaction in the transaction list, and Show Details. You can verify the Miner Fee at the bottom to check if it's still the same.

Correct, correct that losing paper wallet is a concern, and I think we need to update BIP38 to have standard for encrypting xPriv keys.

Mycelium is open for anyone to look at and add features to. The only restriction is that you don't publish your own wallet, and whatever is added goes into the official app.

I'll bug the devs about this.

It's not the jingle, it's knowing when to play the jungle. Generally when you open your wallet, it only scans for some of the more recent addresses, and you have to trust us when we say we don't log them. In SPV wallets, they try to obfuscate which is your address by asking for different random ones along with yours, so the node doesn't know which is yours and which isn't. Also, it only scans it once when you open, or if you tell it to manually refresh (or if something in the wallet changes). Basically, the less often you ask, and the fewer addresses you ask for (or your own), the better. Doing a notification would basically require you to keep pinging nodes every few minutes for all or most of your addresses (since there's no way to know if just the most recent one, or an old one you gave out a while ago, is the one that will receive), and even if you obfuscate with lots of fake addresses, eventually yours will be fairly easy to pick out from the group.

FYI, chainalysis claims bloom filter obfuscation sucks, and they can get around it very easily.


If you select your account, there's an option to "Export" the account in xPub format. That's the same as sharing a public address. Anyone with an xPub key can import it as watch-only and see all your addresses and balances, but can't spend from it.

You can do cold storage with HD using an xPriv paper wallet, but unfortunately there's no BIP38 for that. There should be.

Use BIP38 encrypted paper wallet, which you can spend from using cold storage option in Mycelium. Change goes back to the paper wallet address.


We keep getting asked this, and we keep having to explain that this is terrible for privacy. The only way a wallet can know that you have received coins is to constantly keep asking a node for an address babalce. Whoever runs that more then knows that that's your address. And with HD you would be pinging multiple addresses, so the node will know they all belong to you, and will be able to piece together your entire transaction history.

By the way, for you guys in Europe, check out Mycelium's Cashila integration. I can't use it since I'm in US, but if you register on Cashila and register your Mycelium wallet with your account, you can send money to any IBAN/SWIFT account directly from the wallet (to pay bills or transfer cash into someone's account)

And cheapest version of Ledger, the HW.1, is only something like $15.

Why would the west have to invade Russia, when Russia already does shit like this all on their own, despite their citizens having a lack of food?

http://uatoday.tv/society/russia-raises-stakes-in-war-on-western-food-473113.html

Just sit it out and let Russia collapse itself.

US is leading things in Ukraine! US is preparing to invade Russia!

Oh, wait, US gave Ukraine only $5 mil and sent Ukraine completely useless stuff, as if US never really gave a shit about that region or Russia. Oops...

That's actually how a response to an invasion is usually done. They are not there because US expressed interest in invading Russia, they are there because Poland and other small Eastern European countries are scared shirtless that Russia will invade them the way it did Ukraine (and because Russia literally threatened some of them), and have asked US and Europe to help protect them.

Transient stewrds with temporary access instead of ownership? What, you mean like the logging companies that are destroying the rain forest that no one owns?

I'll poke 'em about a fixed lowest fee. Maybe with a confirmation warning.

Good to see that Russia is giving Crime and so many freedoms that they are actually "allowing" someone to travel there. As opposed to, I don't not, just allow people to come and go as their please.

LOL! Putin won an internet poll that was open to anyone? Just goes to show who has the biggest paid army of trolls.

For the record, I wish Putin was in charge of America. There. Now he has a percent on people who want him here too.

God you Putin lovers are idiots 

Sorry I have been inactive again. I've been dealing with an accidental death of someone very important to me  (not someone in my family). Her family is dealing with the after effects, and I've been helping with funeral stuff and tying up loose ends.

I just watched Starship Rising. It is literally the only movie I have never finished watching.

A free market isn't a thing you're in, its how trade is being done. Buy stuff from Walmart, or cut someone's lawn for $20? Free market. Pay your monopoly utility power bills or have to sign a bunch of legal forms to hire someone? Not a free market. It's not an all or nothing thing. We live in a mix of both, and I believe free market solutions are better than solutions dictated and enforced with violence.


If it's not your property, and you are damaging someone else's property without their voluntary consent, that's not a free market action, is it? You don't bash someone in the face with a hammer and call it free speech, right? The way you react to such toxic contamination of ground property is either pass laws that regulate dumping and impose fines, or allow owners to bring lawsuits and collect damages based on the actual amount of damage done. We already know the first one leads to dumping companies lobbying to lower the fines, and then just paying them to keep dumping.


1. If it's hidden, it's not hurting anyone
2. Will you do business with a company that was found to be doing wrong, or any other company that supports that business? Boycotts can work. Or you could hire a "bounty" law firm or team that would go after the factory to force it to pay up, in exchange for keeping the money.
2b. If it's an obvious pollution problem, you won't need a court decision to do #2.
3. If your property is being polluted, I would guess you would want to know who is doing it.
4. Then neither she, not anyone else, like a competing company, has to recognize their property either, and no one will defend that factory when someone else comes in and takes over.


Now questions back at you

1. Factories pay off regulators to ignore pollution, or to make it technically within regulatory limits, or to make fines so small they can be paid as part of doing business. Regulators aren't subject to voting. What do you do?
2. Factories pick courts and arbitrators that are friendly to their business. You usually have no choice in which court this goes to. Plus they have a team of very expensive lawyers. You have no choice there either. What do you do?
3. When factories dump toxins on public property, there's often no one there to monitor that or find out about it. And when some regulator stumbles on it, they can get paid off. Tons of pollution happens on public property without  consequences because no one owns that property, and no one cares. What would you do?
4. What if the factory decides that having a place to dump pollutants will be better for the local economy, because the factory can expand and hire more workers, and then asks the government to use its power of Eminent Domain to literally take someone's property by force, paying them minimum for it, so it can start polluting on it. It's all legal. What do you do?