So the foundation: - Ditched the Auroracoin brand
- Sold the vast majority its Auroracoins
- Repurposed the proceeds to fund things not directly related to the coin
Let's face it. You guys abandoned the project. To be clear we have not abandoned the project. If anyone has abandoned the project it would be the Icelanders that claimed their coins in 2014 and either sold the coins or have simply waited for other people to get involved without personally getting involved or contributing in any significant manner. 1. The Auroracoin brand has clearly not been ditched. Whatever that means. 2. Yes, 80% of the Auroracoin holdings were sold to fund the Icelandic Blockchain Foundation, of which Auroracoin is a significant interest. Aside from the CEO salary, none of the proceeds (ever) went to individuals or team members. 3. Yes, as explained the funds were repurposed but it is not accurate to say these uses are not directly related to the coin. This decision to found the Icelandic Blockchain Foundation, maintaining Auroracoin as a primary working group within the Foundation , has done wonders for the legitimacy and objectivity within and without the foundation. Especially in developer and legislative circles. While your comments are well-founded and welcome they do not represent the reality of the situation. If you would like to participate we would welcome your contributions. Michael Hannes 1: The CEO doesn't need to be paid, at least not with funds obtained by literally selling Auroracoin. If he believes in crypto and especially in Auroracoin he could have bought it himself from his own money. We all know this is bullshit. 2: The reality is, is that Auroracoin is going to be delisted from Bittrex. So you are NOT expanding but shrinking. 3: Show us where the money went from the 80% that has been sold. Show the receipts, bank statements or some kind of evidence where the money went. These are all very very easy answers you are giving. Zero evidence that the money is being used to create positive growth for AUR. Furthermore, you are talking about meetups with a 100 people. Do you have any proof of that? Do you have photos or smth that proofs that there weren't 10 people at the Oct 11th meetup? In short, the replies you gave us are filled with hopefull statements but that's it...just statements. I see no proof that what you wrote is actually true on the contrary the fact that AUR is going to be delisted from Bittrex is counterproof of your positive statements. Normally I would accept proof like "project progression", but there isn't any progression with AUR so you have to provide something else. Regards 1. Stating that the full-time CEO of a national blockchain advocacy group does not need to be paid implies that you are basing your opinions on some subjective utopian reality where people's time and effort does not require compensation. Not sure what you mean about him being able to buy his own coins as that is not related to salary. 2. Yes Bittrex is delisting AUR and that is unfortunate, however it does not change our efforts in regards to auroracoin. 3. Why do you feel that you are owed these receipts and evidence of how the coins were used ? This sounds like you have a warped sense of entitlement. What have you done to warrant such inclusion within the project and foundations decisions? What have you contributed if I may ask ? How have you asked to be involved ? Doing a simple google search for "Icelandic Blockchain Foundation" will give you an idea of how the funds have been started to put into use. It has been clearly stated that the decision was made to form the IBF to bolster the blockchain community in general in Iceland and that the IBF would have more ability as a neutral organization to make that happen. This has attracted many more individuals to the community in general and in turn has given auroracoin exposure as well. This was all done under strict by-laws and voting protocol conducted in an official meeting earlier this year. That's just the way it is. Everyone has their own opinions about how things could go or should go - but it is a fact of nature that things do not always go the way that you wished it would. So you can FUD and complain all you want but it does not contribute to a constructive conversation. michael hannes 1: How much does the CEO get paid per month? 2: You could have avoided that. Why don't they delist Bitcoin Cash? Because the effort put in the coin by Roger Ver alone is much more than what you guys all together have achieved so far. Besides the fact that Bitcoin Cash is in demand, the biggest holders hold onto their coins instead of selling them in the market. In fact, we all know Roger Ver bought more BCH to grow his holding. I am just using this as an example. 3: As an investor in AUR I think it is a minimum to come up with images, facts and proof instead of storytelling. So far all we could see is that a huge exchange is delisting AUR, some websites that even I can make and some nice story. Yes, I'm aware is wasn't Oct. 11th yet so this is/was a good opportunity for you guys to collect proof. 4: You talk about bolster the blockchain community, sorry to say but the price clearly doesn't show that. Selling the coins because it was conducted in an official meeting is just an excuse. I'm not the only one that is dissapointed about the decission of IBF but many more who have put their faith, money and trust in AUR. This is not about FUD, but about facts. Regards Wussel, please come and join IBF and work with us. You are welcome to join the Auroracoin subgroup of IBF, the only coin specific subgroup of IBF. The task is the same as before... get Auroracoin accepted everywhere in Iceland. Help us instead of hiding behind a username here on Bitcointalk and just spread FUD |
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To finance these operations the Auroracoin Foundation / IBF sold a big part of the M1 fund a few months back. The funds have been used for the re-branding, salaries for the CEO, meetups, office expense and events here in Iceland and will financially secure future operations of the foundation.
It is our hope that the work we are doing and the means we have chosen to use the funds will have the greatest impact for the greater good of crypto/blockchain and Auroracoin in Iceland.
So the foundation: - Ditched the Auroracoin brand
- Sold the vast majority its Auroracoins
- Repurposed the proceeds to fund things not directly related to the coin
Let's face it. You guys abandoned the project. During the last 3-4 years I think only one person in Iceland has shown interest to help the Auroracoin cause. Excluding this one person no one else has reached out and asked what can I do to help Auroracoin. Since the re-branding we have hundreds of people showing interest in crypto in Iceland. We are rallying them together under one banner to solve the 3 major problems the Auroracoin foundation aimed to resolve. - Resolve the issue of legality of crypto in Iceland
- Educate people on crypto in general
- Get merchant adoption of crypto going in Iceland
These 3 tasks have always been the major goals of the Auroracoin foundation and are now the goals of the IBF. |
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We the members of the Auroracoin Foundation have seen during the past 3-4 years that the crypto community in Iceland has not been ready to group behind Auroracoin’s flag as everyone in this space has their own ideas of what coin/tech is the best. To get more people involved in crypto in Iceland we thought that a broader community for all cryptocurrencies and blockchains might attract more people to the cause. We started to reach out to the people involved in blockchain/crypto here in Iceland and offered to change the Auroracoin foundation to the Icelandic Blockchain Foundation (IBF). The challenge of making Auroracoin go mainstream in Iceland is in general the same as for all cryptocurrencies and blockchains. We need to get more people involved and get laws and regulatory issues out of the way before crypto/blockchain/auroracoin goes mainstream. After the re-branding we have gathered together a very strong group of able people who are working hard to form this foundation in a proper manner. The IBF has 7 elected board members who are voted in annually. The board members meet every month and have hired a CEO of the foundation. The foundation is establishing committees for each field in this space like mining, education, pr/marketing, blockchain, trading etc. and has a separate committee just for Auroracoin. Since the establishment of IBF the foundation has held bimonthly meetups for anyone interested. The last 2-3 meetups have had speakers talk about various crypto/blockchain topics and the turnout has been great ca. 100 new individuals have shown up to each meetup. IBF was asked to give testimony before the Icelandic Parliament, Economic Affairs and Trade Committee, this summer and to give feedback on new legislation which adds cryptocurrency exchanges and operators of digital wallets under Icelandic laws on anti-money laundering. Our feedback was welcomed and well received. Note that the Icelandic cryptocurrency exchange https://isx.is/ is now a regulated entity by the Icelandic Financial Supervisory Authority. Our next goal is to influence further legislation and hopefully advice the government on crypto and blockchain technology. Other goals the IBF has set is to focus on educating individuals, companies and government agencies in Iceland on cryptocurrencies / blockchains. Merchant adoption will follow when more and more people become involved and I’m sure the biggest beneficiary of this will be Auroracoin, since it is traded on https://isx.is/ and people here are familiar with it. Auroracoin will always be mentioned when we talk to people about crypto since it is such a big part of the crypto history in Iceland and hopefully we will get people to use it just as any other crypto or fiat currency. To finance these operations the Auroracoin Foundation / IBF sold a big part of the M1 fund a few months back. The funds have been used for the re-branding, salaries for the CEO, meetups, office expense and events here in Iceland and will financially secure future operations of the foundation. It is our hope that the work we are doing and the means we have chosen to use the funds will have the greatest impact for the greater good of crypto/blockchain and Auroracoin in Iceland. |
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Has the foundation quietly liquidated it's AUR holdings? Their website ( http://aurarad.is/sjodurinn/) reports they should have 968.323 AUR, but in reality these addresses only hold 200.001 AUR. That's a difference of 768.000 AUR! Do the devs have any plan for this coin for when all the coins are fully mined (in about 3.3 years!)? The devs removed block halving so the 21 million cap will be hit soon, as 16.6+ million coins have already been mined (11.3 circulating 5.3 burned), and 2.5 AUR keep getting created every minute. 3.3 years until there are no more coins to mine! Are you going to do a perpetual inflation model to secure the chain, or just use checkpointing on a centralized server. Who would hold this coin? Not even the foundation it seems. A statement regarding the Auroracoin Foundations is in the works.... but to be clear the halving has not been removed from the code... https://github.com/aurarad/Auroracoin/blob/e9758eff4b393714ba321915e6ffc672d913595f/src/main.cpp#L1270 |
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New release: Auroracoin 2018.09.1.0 With great joy we announce a new release of the Auroracoin core wallet. It is the result of the development we have done for over a year. With this release we improved a lot of poor programmed code and improved on standardization for future development. We added support for newer versions of libraries that the Auroracoin core wallet uses, including Openssl version 1.1 and the latest version of miniupnpc, while maintaining backward compatibility for older versions. The build system also had its fair share of improvements, making building for Windows and MacOSX easier. https://github.com/aurarad/Auroracoin/releases/tag/2018.09.1.0Great job Biomike |
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I think this is a good thing in general for crypto in Iceland. I would like to see Auroracoin there also but from my conversations with the owner of the ATM, it comes pre-installed to buy cryptos from Kraken, which does not trade Auroracoin. Mostly it will be tourists staying at this hotel that will exchange their ISK paper money to cryptos when leaving Iceland. Icelanders don't use paper money in general, only cards. |
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seems next coins were moved... I lost there 3,5K aur - Im offering half of this amount to anyone who can trace this mutherfucker and recover this coins I think the liquidators of Mintpal were in control of these funds. Hope thy will not dump on us like the cryptsy liquidators did. |
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this is going to the moon
Or a pump and dump |
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Hope this is going to moon back to 80k sats!  I don't think we're going to see that happen anytime soon. BTC was valued much lower at that time. Price has been however fairly stable between 0.40 USD and 0.70 USD for months now. I might seem overly optimistic, but if you look at what happened to TX coin (mooning much higher than its previous highs despite BTC appreciation and looking like a dying coin), it's not far fetched that the same would happen to Auroracoin.  While high prices are nice, it is not our goal. People actually using it as a currency is the goal (higher prices are a logical result of that). We know from experience that spending grinds to a halt when the price goes up quickly in a short time. I'm sure the most sustainable way for a higher price is more usage, else we might end up getting speculative pumps with the normal dump which doesn't serve the general user. Having said that... then again sometimes higher price draws attention which will create more usage. |
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Interesting news from Iceland, regarding our Prime Minister, that is running again for parliament in 3 weeks. Looks like he had inside information and sold all his assets one day before the financial collapse in Iceland in 2008. I'm guessing this could lead to criminal charges for internal trading. It will be interesting to see if his party, that he leads, will get 30-40% of the popular vote in the coming elections like before, in the light of this news or if we will get a new majority party that might shake things up in Iceland. https://www.theguardian.com/world/2017/oct/06/iceland-pm-sold-bank-assets-hours-before-financial-crash-leaks-show |
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Breaking news from Iceland! The Icelandic government has fallen and you will never believe why. The father of the Prime Minister of Iceland (one of the wealthiest person in Iceland) wrote a support letter to clear a sentenced child sex predator (one of the most vicious child sex cases in Iceland from beginning of time) so that the child sex predator would get all his civil rights back. The letter was not supposed to be open to the public and the PM of Iceland sat on the information regarding his father until yesterday, when one of the coalition party broke the government because of this. You can't make this shit up... http://icelandmonitor.mbl.is/news/politics_and_society/2017/09/15/iceland_s_government_collapses/ |
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Hey guys!
Does anyone knows if there`s a Free Airdop distribution for Auroracoin available?
I don't think so |
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Excellent, I had no idea... guess I have to start buying my veggies from them and get it delivered to my home. |
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I have begun mining AUR with my Baikal miners...the coin has an interesting story behind it, but so does Iceland. I am an Australian, as are my family . How hard would it be for my family to move there? What are the residency laws? How do you get citizenship? Are outsiders welcome?  Best way to move to Iceland is by getting a job in Iceland where the employer files for a jobs visa based on your skills. Second best is by finding a spouse from Iceland and marry him/her. You can also check this out here: https://utl.is/index.php/en/icelandic-citizenship |
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I'm really excited about what's going on with the project and looking forward to doing some more business with AUR in Reykjavík. Here is a question for the devs: Have you thought about some sort of collaboration with the numerous mobile payments companies that have been appearing in Iceland for the last years? One of them is un/fortunately also called "Aur". I think a collaboration like that could really speed up and spread common usage of AUR. None of these companies are seemingly dominant in the market so some of them might see this as an edge over competitors. In addition, they could charge a transaction fee to automatically market sell which also might seem exciting. It must be a great advantage when a third party / middleman suddenly has independent financial interest in making AUR payments a reality. And it would be easy for users too. They would simply link their phone numbers to an AUR address in the app (just as they already linked it to a credit card/bank account) and could initiate a transaction by scanning a merchants QR code. Similarly they could transfer funds to any third party - friends, family etc. - by knowing their phone number. It would be as simple as initiating a regular mobile payment so users would already be familiar with the progress. We had a conversation with Nova.is the phone company in Iceland that owns 1/3 of the AUR app. They were interested at the time but for some reason the conversation died out when one of their crew, the person we knew the most resigned his job. Perhaps we should revisit them and get further feedback. If you yourself are in position to pull some strings or know someone working on the AUR app or with Nova, feel free to push this forward and we/I will come and talk to them with you. |
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I was wondering how BitcoinClassic node works ( https://bitcoinclassic.com/downloads/index.html). Can I run two bitcoin nodes "Core" and "Cash" with this node on the same computer? Do I have to delete all previous blocks from "Core" and download everything from scratch or can I just install this and it will build the BitcoinCash chain in a seperate database? |
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