Discord AMA #2 Results has been published by the XCASH Team


This version answer everything we ask for, I like the part when they answer about the Start of Proof Stake this Q1 2019, This feature will be epic and a game changer for cryptonight coins 

Hi, Thank you for raising your concerns about the project

For the first link we have nothing to do with that coin.
We are aware there is an ERC20 token as well by a similar name, which we have nothing to do with as well.

The XCA SCAM thread, I do remember seeing this on the first or second month after we launched. I believe someone made it because they did not get an airdrop, and then a few people posted they got their airdrop on that thread. I have no idea why it was removed. It looks to me like it was deleted by a moderator because their is an official scam list. I looked at it and xcashes is on there, again we dont have anything to do with that coin either.



As for the premine
It is a larger premine that some coins, but it makes sense if you look through the whitepaper and the website

20% for the airdrop. This is half of the premine, that were giving back to the community. The whole point of this is to spread the word, and to allow people to have a little X-CASH to use, before they buy kind of thing. This also helps decentralization, since someone who might have no mining computers and little money, can get a small amount of X-CASH for free.

5% for private investors. This is the small part for big investors, and the remaining unsold part will be airdropped to the community.

5% for the team. This is the 5% for us personally to have us all have an incentive to make the coin great. Our goal is to have everyone one who is part of the team to have a percentage of that 5%, this way every team member has an incentive. You can read more about the releasing of the coins on the 1st page, but basically they are released 20% of our stake every 10X of the market cap starting from 10M. Meaning we will all get 20% of our promised share when we hit 10M marketcap, meaning we have got 0 coins so far from the 5% team coins. This also means that it will be really tough for us to get the last percentages since we will have to reach a very high market cap to get to 100% of our promised coins.

10% team, this is for covering monthly expenses, and to allow us to build the infrastructure of our coin.


Our premine is very competitive and our locking of team funds to the marketcap instead of time (6 months etc) is also very unique.
We also are a non ICO coin, that has published who is behind the team since day one, to add transparency to the project.

I've read somewhere that X-Cash may be planning to introduce KYC for its airdrop receiver, so as to better fight multi-accounts. My opinion is that that would be a strategic mistake for some pretty obvious reasons:

1. Being originally a fork of Monero X-Cash appeals naturally to people looking for privacy - a KYC is not exactly what people looking for privacy would wish for, especially the educated Western people who are in crypto because of its philosophy and principles, and not just for the free money. Most of the educated airdrop receivers would just renounce to get further airdrops. Nobody with some brain in the West would give away their private data for 7$ a month (which is the current value of the airdropped x.cash). In other words: your airdrop community would likely lose 100% of the people who really care for the fundamental ideas behid cryptocurrencies.
2. Multi-accounters from poor countries where crypto airdrops & bounties are an important tool of survival wouldn't be scared off by a full KYC - they would just get all family, relatives and neighbours to give them IDs and docs for full KYC. Where money is deeply needed all privacy concerns disappear.
3. The final result of a full KYC of airdrop receivers would simply be that of sending a much higher percentage of Xcash to people of poor countries. While this would surely have nice ethical implications, i strongly doubt it would help XCASH's ambition of appealing to the Western banking system and financial institutions, with which it supposedly wants to collaborate. Moreover, people of poor countries who are using airdrops to survive and to feed families are more likely to have to dump immediately all their free coins, which obviously is something which affects the price. Nothing against all this happening, as I've said it's a very nice ethical implication, but I would not be eager to shift too much the balance of the airdrops in that direction.
4. While fighting fake accounts and multi accounts is a necessary task, doing that at the price of impoverishing the community is NOT a good idea IMHO. There is no perfect solution to this problem, and the end result of radical solutions might just be that of a darwinian selection of the worst people - ie the best cheaters.

when is distribution for second phase?

Your wallet should have a password. Only if you're staking should be unlocked.
Is your wallet staking 24/7?
The priority of your wallet to receive staking coins is related to the coinAge and the amount of coins in your wallet.
Sooner or later, your wallet will receive staking coins and the amount received during 1 year will be the 7% of your total coins.









First time I read about this issue.
Send pics of your wallet transaction history before and after moving to v.4 by pm please.









I'm guessing that purse has risen means you have installed the last wallet version, the v.4.0.
Orphans blocks are connected to someone staking that block and transmiting the info to other blocks before you do. It's connected to someone having older and bigger addresses. It's a matter of time you start receiving staking rewards. You don't have to re-install the wallet, you only have to leave it open and staking.









First bug is being solved for the next minor wallet update.
Second bug, could you please send the link to the transaction so we can see it in detail?










I've been in cryptos for more than 4 years.
I'm dev in Teslacoin and Pesetacoin. Both coins represent the mayoritiy of my investment portfolio. I'm medium-term invested in more than 50 coins.
The way the development and maintenance of this 2 coins are funded is with the profit I make in the other coins (atleast these is where my contributions come from). 








We've already sponsored the biggest event of Free Energy in the world  but the main way Teslacoin will contribute to the advancement in energy tech is TeslaStarter.
You can read more about it in the whitepaper
https://drive.google.com/file/d/1YFuLFD-Mt0Xi8_iWU7dJEUlWMnT8IM69/view

True, price is not everything... technology is important, good projects, price will follow
Many pnd coins die slowly after a lot of pump
Good coins survive

Hello and greetings dear kruzer200,

Thank you for your queries.

1. The phase 2 of the ICO is scheduled to be completed on Aug 31, 2018.
2. The campaign manager has already stated and posted earlier that the tokens will be counted in about 2 weeks after the end of the ICO. Please continue the great job you are doing in supporting one of its kind in the world project. Thank you for your support and participation.   

Kindly continue to spread the good word about our project for the greater good of humanity. We look forward to your continued support and participation.

Please have a great year ahead.

Best regards,
Team P2PS,
www.p2psf.org.

Let be real. How many of you guys actually read the whitepaper? I read whitepaper sometimes, but reading multiple of them can be a burden and a headache. Do you guys got any tips on getting through whitepaper a little faster. It killing a lot of time. Thank.

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion