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1  Alternate cryptocurrencies / Altcoin Discussion / How to buy Expanse Bonds using Parity on: February 03, 2017, 07:09:11 PM
Here is a video tutorial on how to buy expanse bonds using the parity client: https://www.youtube.com/watch?v=h4IgMSwcum8
2  Alternate cryptocurrencies / Altcoin Discussion / Re: [FACTS] There is NO Innovation. on: February 02, 2017, 06:45:58 PM
Spoetnik is a guy so monumentally full of shit that I even unignored him because I was kinda missing those shitposts.

That made me smile ear to ear.. funny  Cheesy

Well i brought up 1 specific issue at first here but it is a larger topic.

Do i know my assertion is absurd ? yes i do Wink
But as you can all see from the guys Solar Powered wallets idea.
That THERE may be in fact something we could do to dramatically improve the situation (of having no power for months)
We need to try though !

Who would have thought Bitcoin was coming way back ?
The idea of having a block-chain was genius no ?
So to me this Altcoin stuff should be about ..innovation. (over Bitcoin)

So i don't see any.
Maybe ANON features ..but i am convinced they are a bad innovation. (a key distinction)
They are screwed when it comes to adoption matters i think.
I have harped on that enough Wink

I am more interested in losing power for a few months.
What will our coin scene be like ?
Is it wrong to look at this matter ?

Will coin prices be decimated on Exchanges ? Will they come back ?
What will happen with various coins ?
Such as a standard coin like BTC or similar ?
Sounds like fork central to me  Cheesy

I just hoped to bring up an interesting topic.
The users hoping to make money off this stuff seem to have a rather WIDE definition of the word "Innovation"
I deem it to be something that improves on Bitcoin.
For example.. is STEEM a blogging platform thingy an improvement or.. just different ?

The only thing i ever hoped to accomplish here is to get people thinking.
If no one replied here i would have failed Sad

Anyway so what do you think it would be like if North America lost power for a few months ?
The entire coin scene would simply resume and pick up where it left off later with no issues ?
Is there something we can all do ahead of time ?

I envision a new currency that people claim will make FIAT obsolete to be able to be used even with out power.
The fact FIAT is reliant on power and the web and satellites etc is a major problem as well.
I think we have a few scenarios too.. a few days or a few months (longer than that society will be damaged pretty bad)

NOTE:
South Korea and Germany are the two companies who make those giant power transformers.
North America has no replacements.
They need to be sent on boats and loaded onto special flat bed rail cars on trains.
They are VERY expensive.
If enough of them were fried out from a CME across North America do NOT hold your breath waiting for them to get fixed any time soon.

We are talking about the possible collapse of civilization and the transfer to a possible barter economy.
How does Crypto fit into this ? Any ideas people ?

You guys replying here ARE the front line.
It could be one of you here & now that has a revolutionary idea that is used globally.

PPS:
in 2012 a major one passed Earth's orbit 2 weeks afterwards.. we were ALMOST nailed hard (again)

we could lunch a cube sat, and keep the chain going in space
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Lets take a look at Expanse (EXP) on: February 02, 2017, 02:32:41 AM
premine, whatever you want to call it is mostly on the market already. You have to finance development somehow...

The  interest for the bonds is pulled from the 10million reserve. In the future it will be part of the block reward.
4  Alternate cryptocurrencies / Altcoin Discussion / Lets take a look at Expanse (EXP) on: February 01, 2017, 05:15:30 PM
Expanse is built using the ethereum architecture with a few key differences : removed the canaries (which ethereum later removed), larger block size and smaller supply of 15million. Other than that, expanse is the same technology as ethereum, but magnitudes cheaper with a different community and design structure.

The supply structure is 15million total tokens with only 5 million tokens available on the market and a current Proof of Work algorithm generating 8 coins per mined block. 10 million expanse tokens are held in a community reserve fund which will finance all operations going forward after the DAO is formulated.

Expanse has several proof of concepts being developed, for example http://borderless.tech which you may have seen a test during the election for the polling dapp: http://polls.borderless.tech/#!/dashboard - this test proves that votes can be verified on the blockchain, which will be integrated with the ID system in future developments.

Essentially Expanse tokens function as fuel for the applications on the decentralized cloud computer. For example, each vote on that polling dApp cost 0.00289551712887 EXP where 1000 votes cost less than a dollar.

The DAO is being developed using modular tools such as the voting module, and Identification module. The DAO will be in control of the community reserve fund, allowing it to function as a self funding autonomous network.  

The development team did not raise a single penny through ICO's or other crowdsales. The development was financed internally through market growth with an initial development fund of 1million Expanse, which is now less than 100,000 and a majority of those tokens are already on the market.

As of right now, expanse is pending the release of a bond's system which is a simulated staking through smart contracts; for each 100 EXP held in a 'bond' earns 1% interest per month for the length of the bond. They are also testing tindermint's delegated proof of stake. Both of these systems will create an incentive to hold expanse tokens off the exchanges, which will ultimately increase scarcity and value.

Expanse also has its own charity! http://borderlesscharity.org


Additional links/information:

http://expanse.tech

slack invite: http://slack.expanse.tech

newsletters every 1st and 15th of the month: http://blog.expanse.tech  (there will be a newsletter coming out today, should be releasing the bonds system)
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