Hi Checkcoin Companions,

We have decided to push our Thunderclap campaign and press release to monday the 27th of oktober. Untill then some more articles might show up seeing as we have already contacted several websites. However, starting on the 27th hired press release services will start to publish new articles to help create more awareness for project Checkcoin. In addition we will launch a Thunderclap campaign at the same time to reach bigger audiences.

Keep you posted,

Maurice

Bitsend

Sounds like a great innovation. I am in!

Normally it would be Truther. He's away at the moment though performing on Broadway!

This will almost certainly come across as negative, it is not intended to be so, but this thread is sorely lacking in the kind of objective, matter of fact due diligence that should be part and parcel of any attempt to secure capital for a new business venture.  I've listed a number of questions below:

Assuming all off-chain operations will be managed through a company, what is the current or proposed legal entity structure, registered headquarters etc

Equity ownership (of the legal company): who will own what?

Tax and financial compliance: what is the strategy? How will revenue, profit and loss be accounted and in which jurisdictions?

What legal jurisdictions will you operate in and do you plan to comply with all local regulations?

Can you confirm how many people work in the company, what their roles are, and their credentials? (Please no arguments over whether it is reasonable to expect this info, it is your prerogative to withhold, but it would be nice to have).

The fact that messages themselves are managed through an entirely off chain architecture alarms me:
How is anonymity guaranteed?
How is encryption guaranteed?
What (if any) user information will be held by the company and how can you assure user data will be securely protected (e.g. against hacking OR a legal government demand to hand over data).

How will core dev (or for that matter, all residual company operations) be sustained once IPO and dev bounty funds are exhausted?

Please explain roughly the scale of incentive value being offered to users, for instance would typical levels of messaging activity (say 10 messages / day) combined with opt-in adverts yield reward Gems worth >$5 per week, or <$.000001 per week. Just a rough estimate.

How will you attract users who may not interested in the ethics of the platform, or the prospect of making money from their social media participation, and who are demonstrably prepared to accept targeted ads in return for access to a platform rich in features and existing social connections, even in the knowledge that their messages are accessible to various snooping agencies. Like it or not, these are the users of today.

I don't like Facebook much, but with it I can see who is online, I can message a group of connections, add people to existing chats, I can see who has read my messages, and when they were read, I can post multiple media formats and I get push notifications when things of relevance happen - those are probably the features useful to me.  Does/will Gems have these features? When it comes to mass adoption, it is ALL about user experience, and you need to be better than the best to stand a chance.

All that said, the value redistribution model is where I think the industry is headed, however even this does not guarantee long term viability for Gems, because fundamentally gems appears to be a centralised messaging app which just happens to reward users, a model any of today's biggest competitors could embrace at any point.

Have you considered developing a protocol for social messaging which bakes messaging, advertising, and reward distribution directly into the protocol? I understand you see the linkage with the bitcoin blockchain as a priority, but this also limits the capabilities you can offer.  Have you considered integration with other (or additional) blockchains better suited to the capabilities your core product requires (maidsafe, Storj, ethereum etc).

Well when I bought at 156k I didn't expect it to get cut almost in half so quick.  Oops

Thanks for the suggestion. I am actually already using it to make money. It's hard work but it pays off.

It's a bit boring, so I wanted to have some fun with this game, and share some of the profits with willing participants and inspire them to enlarge their comfort zones. I give people free profitable picks, better than what they pay 2 BTC a month for, and I get hate...

I also made some new cool contacts this way. And I wanted to gain a new shiny bitcoin in one of my new vanity addresses, for safekeeping If people find profit and fun in this thread, they will voluntarily support me to reach my goals.

It would be great if we could somehow get a reliable average time of how long it takes to anonymyze coins.
Probably even something that can be calculated like a formula? (x Masternodes / y anonymizing wallets multiplied with y etc...)

It should show an average ETA in the wallet or else new people might give up and not know that they have to wait for hours.
They might think it is broken or something.
They should also be informed what happens when they close their wallet during an anonymization process...
(I did this a few days ago, and my impression was that the anonymization process (8 rounds) started from the beginning, I could be wrong though)