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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] LibreCash – stablecoin with transparent proof-of-reserve backing on: May 25, 2018, 05:20:31 PM
Whats about anonymity? How can I ensure that all my transaction data is secure and wont go to 3rd party companies or persons?
Im also curious whats about the KYC verification? Is it needed? Otherwise it provides big opportunities for laundering of money. U know it is quite urgent question and a lot of countries would create the obstacles for the project development if u wont follow all the measures against laundering of money
All the data will be stored directly in blockchain and wont go anywhere else. Moreover LibreCash will use atomic swaps tech that makes tracking the your financial operations impossible as no one knows what blockchain u would like to use.
As for the KYC I would also like to know the answer as it seems it has to be implemented for sure if project gonna be adopted worldwide.
Hope for the answer from the team
We don't verify customers. Implementation of KYC verification depends on our partners. If some of them operate in a jurisdiction, where he/she should verify customers, he/she should do it to comply local laws. Users of LibreBank have ability to choose which partners work with.
2  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] LibreCash – stablecoin with transparent proof-of-reserve backing on: May 25, 2018, 04:27:45 PM
How are u going to use tha reserve fund? They will be just stored or u gonna invest it in some start ups or tech that in future will be able to get the revenue for the LibreBank and increase the market cap overall?
Making it short, do u have any plans of investing your capital ( reserve fund u will obtain) into the commecrial start ups? Thanks in advance for tha answer
Yes, it is a plan. At least as far as I know.
Reserve fund will be used for the investments in different start ups or project for the purpose of total market cap increasing.
This process, i mean decesions about any investments will be made using the DAO govermance model. So only shareholders will be able to vote for any particular decesion about investment.
Thanks for the respond. You're right.
3  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] LibreCash – stablecoin with transparent proof-of-reserve backing on: May 25, 2018, 04:23:03 PM
How are u going to use tha reserve fund? They will be just stored or u gonna invest it in some start ups or tech that in future will be able to get the revenue for the LibreBank and increase the market cap overall?
Making it short, do u have any plans of investing your capital ( reserve fund u will obtain) into the commecrial start ups? Thanks in advance for tha answer
Here is can be misunderstanding with terms, but at the moment we use the terms "reserve fund" and "investment fund".

The reserve fund contains backing of emitted LibreCash and additional funds for the LibreCash rate stabilisation (in case the ETH price will drop). This funds can't be used for anything, because it's backing.

The investment fund will contain LibreBank's surplus and income. These funds can be used for investing, including investing into commercial startups.
4  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] LibreCash – stablecoin with transparent proof-of-reserve backing on: May 25, 2018, 02:47:10 PM
at what stage of the development are u now? I would like to try out or at least take a look at the product u have as for now.

Here is what we have now:
  • The LibreCash token.
  • A smart contract for the purchase and sale of LibreCash for ETH.
  • A web wallet.
  • A DApp that provides access to information on funds in the LibreBank balance, the number of emitted tokens, and the current exchange parameters and informs users about key project events.
  • The oracle system for loading data about the current exchange rates.
  • The prototype of a smart contract for the purchase and sale of LibreCash for ETH, with the possibility of emission and liquidation.
  • The prototype of the DAO smart contract for managing the parameters of an independent emission smart contract based on the standard contract of DAO Ethereum. The influence of a user’s vote is determined by the user’s balance in the LBRS. The role of an elected arbitrator who can veto the outcome of any voting is implemented.
  • The prototype of a DApp for the smart contract of the DAO, with the ability to post offers that allow voting.

Look at the section "What has already been developed?" above in the first message of this topic for more details. You'll find some links, additional explanations and source code.
If you have questions, don't hesitate to contact us.

When the final DAO implementation is planned?
At the moment we don't have exact date of the final DAO implementation, there are a lot of work should be done for this. It's very important don't rush with final implementation the DAO before tons of public tests of it. We should remember experience of the first DAO.
We're going to publish some details about it in the roadmap.

And one more, u said that for any transaction from the reserve fund the share holders consensys is needed BUT how much share holders can exist? I mean those one that will have a right to vote?
There aren't any restrictions for quantity of shareholders. We're still working on it, but here is the preliminary management model of DAO. It will include:
  • shareholders, who have LBRS-tokens and ability to vote;
  • delegates, who represent the shareholders interests;
  • board of directors, which will include current delegates;
  • the constitution of the DAO, the document with main principles of the organisation;
  • constitution guarantors - a few persons or/and organisations, which will control the decisions comply the constitution.

Every shareholder is able (by voting):
  • to elect a delegate, who will represent his interests;
  • to try become a delegate;
  • to elect a guarantors.

The board of directors is able (by voting):
  • to change the constitution;
  • to elect guarantors, who will keep a part of reserve fund for diversification;
  • to elect contractors for software development, marketing, business development, etc;
  • to change some economic parameters of LibreCash emission and liquidation;
  • to invest DAO's surplus and incomings.

The constitution guarantors are able (also by voting) to veto any decision, made by the board of directors.
And once again - this is the draft of the management model.
5  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] LibreCash – stablecoin with transparent proof-of-reserve backing on: May 15, 2018, 09:15:15 PM
Who from the team is taking care of this BitcoinTalk thread?
There is the founder, software developers, business developers and community managers. All of us are here.  Smiley
6  Local / Токены / Re: [ANN] LibreCash - stablecoin с прозрачным Proof-of-Reserve обеспечением on: May 14, 2018, 01:42:16 PM
Спасибо за вопросы.

Я прочитал у вас в описании, что вы будете разрабатывать модель, при которой курс будет привязываться к индексу потребительской корзины.
Каким образом вы собираетесь реализовывать это?
Маловероятно, что мы будем реализовывать это самостоятельно. Есть профессиональные экономисты с исследованиями в этом направлении. Гораздо продуктивнее будет сотрудничество с ними и выдача грантов на их исследования.
На текущий момент мы ориентируемся на World Currency Unit http://www.ln.edu.hk/cpps/wcu/index.htm, в рамках работы над которым производится сбор, анализ и мониторинг необходимой информации.

Так же непонятно, что произойдёт, если цены на крипту рухнут и резерва не будет достаточно для поддержания курса? Я понимаю, как это работает у Bitshares и Maker, там есть залог выше 100% и запас для падения курса. А если у вас выпуск осуществляется с залогом 1:1, то какая защита от снижения обеспечения?
Вы правы, выпуск осуществляется 1 к 1, залоговый актив помещается в резервный фонд. И для стабильности системы обеспечение должно превышать 100%. Для этого:
 - За каждую операцию выпуска/изъятия есть комиссия, часть из которой идет на оплату расходов по платформе (затраты газа), а оставшаяся часть помещается в резервный фонд.
 - Будет токен сейл LBRS, являющихся долями проекта. Все привлеченные средства будут заморожены в резервном фонде в качестве обеспечения.
 - В перспективе активная инвестиционная деятельность ДАО для увеличения средств и, опять же, для пополнения резервного фонда.

7  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] LibreCash – stablecoin with transparent proof-of-reserve backing on: May 13, 2018, 09:14:03 AM
studied your report of April 27. I'm glad that you are doing well!

Glad to see your weekly reports. Keep going!

Thanks for your feedback! Join our social channels to stay tuned.

https://medium.com/@LibreBankDAO/
https://twitter.com/LibreBankDAO
https://www.reddit.com/r/LibreBankDAO/
8  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] LibreCash – stablecoin with transparent proof-of-reserve backing on: May 13, 2018, 09:04:41 AM
after what time does your token appear on the exchanges?
We working on it, but it takes time. We will announce listing on an exchange as soon as we come to agreement.
9  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] LibreCash – stablecoin with transparent proof-of-reserve backing on: May 13, 2018, 08:53:39 AM
the idea is excellent, I hope the project will progress and make us happy
Thanks for your feedback! Stay tuned.
10  Local / Токены / Re: [ANN] LibreCash - stablecoin с прозрачным Proof-of-Reserve обеспечением on: May 12, 2018, 10:56:32 PM
Странно, где админы топика?Раньше мгновенные ответы, сейчас нету. Что стало?
Мы на связи, готовим новые анонсы о проекте Smiley
11  Local / Токены / Re: [ANN] LibreCash - stablecoin с прозрачным Proof-of-Reserve обеспечением on: May 12, 2018, 10:54:41 PM
ваш кошелек адаптирован под андроид?
Да, адаптирован. Кошелек и другие приложения работают на любом современном устройстве - от телефона до больших широкоформатных дисплеев.

Основной веб-кошелек https://wallet.librecash.com
Основной веб-кошелек (тестовая сеть) https://testwallet.librecash.com/

Если будут вопросы по работе или вы увидите недочёты при отображении, обязательно пишите нам!
12  Local / Токены / Re: [ANN] LibreCash - stablecoin с прозрачным Proof-of-Reserve обеспечением on: May 12, 2018, 10:48:22 PM
очень нравится как вы общаетесь с людьми интересующимися вашим проектом. Спасибо вам.
Спасибо за обратную связь!
13  Local / Токены / Re: [ANN] LibreCash - stablecoin с прозрачным Proof-of-Reserve обеспечением on: May 12, 2018, 10:46:18 PM
Планируете ли заключать контракты с другими большими проектами?
Да, конечно. Но не только с большими, мы открыты к сотрудничеству с любыми проектами в крипто-индустрии. Это могут быть:
 - обменные сервисы;
 - биржи;
 - кошельки;
 - платежные сервисы;
 - escrow-сервисы;
 - любые другие проекты, которые выиграют от внедрения токена со стабильным курсом.

Если у вас есть проект и вы видите применение стейблкоина в нем - обязательно пишите.
14  Local / Токены / Re: [ANN] LibreCash - stablecoin с прозрачным Proof-of-Reserve обеспечением on: May 12, 2018, 10:39:30 PM
Добрый день, есть ли новые новости по проекту?
Добрый день.
Скоро будет новый отчёт о разработке, новости о партнерствах и whitepaper.

Подписывайтесь на наши каналы, чтобы получать актуальную информацию о проекте:
https://blog.librebank.com/
https://medium.com/@LibreBankDAO/
https://twitter.com/LibreBankDAO
https://www.reddit.com/r/LibreBankDAO/
https://vk.com/librebankdao
15  Local / Токены / Re: [ANN] LibreCash - stablecoin с прозрачным Proof-of-Reserve обеспечением on: May 12, 2018, 10:33:57 PM
Сейчас многие проекты испытывают трудности с выходом на биржи. надеюсь у вас все будет хорошо
Спасибо, мы работаем над этим!
16  Local / Токены / Re: [ANN] LibreCash - stablecoin с прозрачным Proof-of-Reserve обеспечением on: May 12, 2018, 10:32:23 PM
Многие крипто аналитики и трейдеры называют этот год - год стейбл коинов, т.к. они действительно нужны рынку. Но и конкуренция данных проектов высока.
Спасибо за обратную связь.
Проектов около 15, каждый пытается предложить свое видение по обеспечению и стабилизации курса.
Проектов, с которыми мы идём в схожем направлении (обеспечение другой криптовалютой) гораздо меньше, но и здесь мы расходимся с ними по деталям стабилизации курса.
17  Local / Токены / Re: [ANN] LibreCash - stablecoin с прозрачным Proof-of-Reserve обеспечением on: May 08, 2018, 04:33:49 PM
Добрый день, я представитель канала посвященного проектам ico. можем ли вы с вами сотрудничать?

Добрый день!

Пожалуйста, напишите нам на e-mail и мы с вами обязательно свяжемся в ближайшее время
18  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] LibreCash – stablecoin with transparent proof-of-reserve backing on: May 08, 2018, 01:26:08 PM
Hello. how do you feel about the exchange yobit?

Hello!
Currently, we work at exchange services that can be our partners and will list our token.
As soon as we come to agreement, It will be announced.
19  Local / Токены / Re: [ANN] LibreCash - stablecoin с прозрачным Proof-of-Reserve обеспечением on: May 08, 2018, 12:32:37 PM
Какие перспективы вашей монеты? есть шансы бы на полониксе?

Добрый день!
 
На данный момент мы полностью открыты к сотрудничеству и находимся в поисках партнеров.
20  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] LibreCash – stablecoin with transparent proof-of-reserve backing on: May 07, 2018, 09:14:21 PM
how many times can a coin grow in the future?

The LBRS token sale is planned in several stages: pre-sale with the auction price, then the main token sail with a price 2-10 times higher than the auction. All funds received during the token sale, as well as the entire potential profit of LibreBank, will be reallocated to the reserve fund and to the development of the project.
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