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63
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Bitcoin / Electrum / Put coins into single address
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on: July 04, 2017, 02:34:07 PM
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Hi guys,
Is there any way I can merge all my coins into a single address. It's easier to use a single address to link to an airdrop (GBYTE in case you are wondering).
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64
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Economy / Services / openledger legit?
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on: July 04, 2017, 09:01:19 AM
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it's been up since 2015 and the last time i checked was hesitant to use their service, and this time again their exchange was non accessible from openledger.info.
The idea seems to be quite novel since they started in 2015.
Any experience with them?
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66
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Economy / Service Discussion / How to calculate Waves signature campaign
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on: July 03, 2017, 10:43:21 AM
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Just to understand Waves signature campaign logic,
If I am a full member and the reward is 0.00015 BTC per post for full member and the minimum post is 20 per week.
So the reward per week is 0.00015 x 20 x 2500 (assume BTC price) = 7.5 USD.
Did I get it right?
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68
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Economy / Service Discussion / is bitpay wallet SegWit ready?
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on: July 02, 2017, 10:08:11 AM
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I have some coins in Bitpay's cold wallet.
However there isn't any official statement from Bitpay regarding the impending fork. I want to make sure that if it happens I'll be safe with both the new coins and the legacy coins.
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69
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Economy / Economics / Consequences of mining pool controlled by a single country?
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on: July 02, 2017, 07:00:00 AM
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What are the possible consequences when mining pools are controlled by a single country? I wonder how can they affect the future of bitcoin. Say for example can they become a veto or block to future actions (and inactions). Let's start a fact based discussion guys
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73
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Alternate cryptocurrencies / Altcoin Discussion / Difference: Exscudo, Monaco, TokenCard
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on: June 08, 2017, 01:37:04 PM
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They all launched (launching) ICO and asking for money (bitcoins), all promises a visa card.
But essentially what's their difference. And who is leaving more on the table aka which founders are benefitting least from the token sales.
========Monaco========= Have looked into Monaco ICO white paper the founders are getting equivalent of 83.33% of the tokens given to public from the ICO, that looks hefty lot, not to mention another equivalent of 33.3% for ESOP talents, 16.67% for advisors and another 100% reserved.
Verbatim from the white paper:
" During the Token Creation Event, we imagine that exactly 1,000,000 MCO are created in response to incoming payments. After the Token Creation event ends, the following additional MCO are created: • 1,000,000 MCO for the Reserve • 833,333 MCO for the Founders • 333,333 MCO for the Talent Pool (future hires) • 166,667 MCO for the Advisors In total, 3,333,333 MCO are created of which 1,000,000 MCO are transferable upon the completion of the Token Creation Event. "
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74
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Alternate cryptocurrencies / Altcoin Discussion / Analyzing Monaco ICO and whitepaper
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on: June 06, 2017, 09:03:05 PM
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The Monaco ICO looks intriguing. They basically launch an ICO that gives out token to allow profit sharing from their future businesses that run cryptocurrency-enabled credit card.
The Monaco ICO coins are called MCO tokens.
In the white paper it says:
" During the Token Creation Event, we imagine that exactly 1,000,000 MCO are created in response to incoming payments. After the Token Creation event ends, the following additional MCO are created: • 1,000,000 MCO for the Reserve • 833,333 MCO for the Founders • 333,333 MCO for the Talent Pool (future hires) • 166,667 MCO for the Advisors In total, 3,333,333 MCO are created of which 1,000,000 MCO are transferable upon the completion of the Token Creation Event. "
That would actually mean that 1,000,000 MCO are created for the public after raising, most likely, 150000ETH. That means ~36.75 million USD.
My question is: 1. Since the founders, advisors and employees are issued 1.3million MCOs, wouldn't that dilute the value of each MCO coin to more than half since the total MCO will become 2.3mil immediately from 1mil (not even factoring 1 mil reserved MCO)?
So one MCO would really turn from 0.15ETH to 0.0652ETH.
PS: I know there is escrow for founder not to cash out and upward value for MCO. But I am getting the math right way how the founders and advisors are profiting, right?
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75
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Alternate cryptocurrencies / Altcoin Discussion / Ripple and Stellar disappoints?
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on: January 29, 2017, 07:52:28 AM
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Have been research both and like to think that their consensus and pre mined model is a novelty.
But when I look at their coin prices against BTC it seems to have lost 50% YoY.
Still think if I should wet my feet as I feel that growth projection of new coins should outpace BTC. That's just me.
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78
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Economy / Economics / Do we have enough support for Segwit?
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on: January 26, 2017, 11:12:54 PM
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95% miners have to agree, how are they given the choice to "agree" or not? By simply downloading the latest update or they get some voting mechanism in place ?
What if a rogue node fails to agree? Say some node alliance in a country, then what happens?
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80
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Economy / Economics / Blockchain adoption by banking sector
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on: January 26, 2017, 04:22:23 AM
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For the well informed, can someone englighten on what the banks are doing with block chains?
Is it simply using blockchain to confirm transaction? All looks so fancy.
Take for example the latest report about using blockchain for small business facilitated by banks *
What do they really do?
*http://www.coindesk.com/new-small-business-blockchain-actually-big-deal/
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