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last I heard this project lost its dev, correct me if Im wrong.
Yeah dev is a lot cause, obviously a pump n dump group is abusing this coin now |
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Is the new coin gonna ever be added to another exchange?!? I know $11 of trade volume in 24 hours is out of this world, I'm sure we can do better :/
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This is a wierd ico 40million to help fund a mobile app thats built off existing wallet code?
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I agree that the idea behind the coin has merit, but the coin is only going to be as good as the people running it and at this time there seems to be no one.
Astute observation. Have you, or do you know of others who tried to contact dev directly? Yep, I berated him in a slack pm and look who turns up. |
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Ive been part of this coin for a while now, active in the slack channel. Im sadly leaving this coin purely because of the owner/dev Objivest, hes is an utter disaster he refuses to communicate with anyone. If you check out his previous coin with a longer history than rain you will see there was a hostile take over of it due to what i can only assume was his utter incompetency. The whitepaper is a mess and has been in the works now for nearly 2 months with no future in site for its release.
If you have a strong hand stick with it but I can no longer support a coin run by this tool!
I agree, communication from the dev is as good as non-existent. Still, RAIN has a lot of potential. The white paper you mention is a draft version and does need quite some work. But that is what draft versions are: work in progress. Besides being unfinished, the white paper also lists some great real-life use features connected to the RAIN coin. I believe Condensate RAIN is a high quality coin with firm, long-term value. All it lacks is community support (and, perhaps, a dev who is willing to accept helping hands) I agree that the idea behind the coin has merit, but the coin is only going to be as good as the people running it and at this time there seems to be no one. |
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Ive been part of this coin for a while now, active in the slack channel. Im sadly leaving this coin purely because of the owner/dev Objivest, hes is an utter disaster he refuses to communicate with anyone. If you check out his previous coin with a longer history than rain you will see there was a hostile take over of it due to what i can only assume was his utter incompetency. The whitepaper is a mess and has been in the works now for nearly 2 months with no future in site for its release.
If you have a strong hand stick with it but I can no longer support a coin run by this tool!
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any update on the whitepaper regarding the release date?
No release date yet, but the draft is getting updated and revised regularly. I don't think the devs want to rush it as i can only assume they want to expand on the details about the IoT device which they are working alongside some researchers in india to creating a working prototype. |
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I see this as a good time to buy. Devs have a lot in the works atm whitepaper about to be released, talk with companies about IoT Devices and a Website revamp.
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Makes own exchange in order to pump price.. nice.  |
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You would hope they could atleast link their latest wallet on their arabianchain.org website but hey that piece of trash hasnt been touched in over 4 months
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Yeah DBIX wallet is probably one of the worst if not the worst. Sitting for the past 30min and still waiting for a single peer to come on for me to sync. Great work ArabianChain keep up the solid development.
Edit: Still waiting for a single peer
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So its stolen ethereum name and doesnt even use the same algorithm and instead uses the scrypt the most abused algo ever
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So much for this update all its done is made it easier for mining farms to dump coins onto market and drop price for nearly 100% great!
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I own a little of this coin but I think this coin is dead.
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This is a scam coin if i've ever seen one 80% of coins in one wallet 46% premine more like 80%
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Big mining farms taking advantage of the new update a dumping the price \o/
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So much for this successful update.
The difficulty has been steadily decreasing, so it is a successful update!  Are you even mining? I haven't had a single reward in 24 hours that's worse than it was before. Look at http://dbix.pool.sexy/#/miners check each miner no one has had a single reward in 24 hours I am mining! Found blocks have to mature before they are disbursed as a reward, and it is done by confirmations. The dev's of this team rented much hash-power to expedite us to block 63,900. Much of this hashpower was pointed to sexypool so that pool was finding many more blocks then typical and blocks where being found on average every 300 seconds. So blocks matured much faster in the couple of days leading up to the fork, so rewards were paid more frequently as well. Now we have forked the network hash rate is back down where it normally is and the updates are slowly bringing the difficulty down where it should be to see targeted 90s blocktimes, but it will take time. I understand that but even the immature balance hasnt changed since the update. |
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So much for this successful update.
The difficulty has been steadily decreasing, so it is a successful update! Are you even mining? I haven't had a single reward in 24 hours that's worse than it was before. Look at http://dbix.pool.sexy/#/miners check each miner no one has had a single reward in 24 hours |
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So much for this successful update.
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I cant believe you guys are still supporting this coin, its obvious the dev has no idea about building and maintaining a coin. All hes doing is advertising linda more despite the massive amount of bugs that its obvious he cant fix meanwhile hes dumped all his 10% premine (5 Billion). Don't expect the masternodes to ever be up and running
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