Nice to see something new and written from the scratch. The mining seems promising.

There is another pure Nxt clone is coming - https://bitcointalk.org/index.php?topic=580537.0

That would be adequate. We could start on June 1 or/and make a non-linear block-amount function, starting with a bit less, increasing over the time to a max after 6 months. So the total amount would not change but distribution would initially kick in a bit slower/smoother. Anyway, there will be at least a 2 weeks gap no matter when the launch day will be.

can somebody send me test EXO please?

EXOfA3PADaPnmNe6ugpCAQahawxDENsxZAYgdbhf

Stuck on block 663 or 664 after several restarts. I also redownloaded it once. Each restart will bring me one block more. After this it stucks again.

Maybe you meant bittrex or poloniex? I've never seen dgex.com trading anything except NXT and bitcoins

Yeah well there are no errors poping up within the GUI yet so if any error occured it will show up in the CMD as of now.. definatly going to change this in the next days. You'll need an address before clicking the button or an error will show up in the cmd. As for creating the first address: Your password must be complex enough (you must have at least 10 chars, you must have small and capital letter, number and special char). I guess your passphrase was not complex enough. Please try again.

Thanks for reporting the updater output and thanks for manually moving the files (that is perfectly fine, the updater does not do anything additionally). Going to check that. #edit: alright, I guess I know the cause of the error. The exocoin/chain folder was non-existing if you just got a fresh copy. So the updater should create the folder if not existing. I will change that now.
As I can see in the block explorer tab there have been 4 transactions since the update stored in the chain (well there are more but those were generated from us). So it is/should be working at the moment. All server (6) are running and are synced right now. [ok the 6th server is somewhat special so it is ok if your client only shows up 5 connections at the moment].

imo setting an upper cap for the second stage strongly contradicts the following ideas:





moreover an upper cap of 250 btc means that an early bird investoer would still get the 1,81-fold for the same money as a second stage investor assmuming the cap will be reached, which i personally don't consider a fair distribution. i mean 81% more coins for the same investment only because someone has been an early bird, come on. however it is clear that an early bird investors should get more for his money than a second stage investor, something around 20% sounds reasonable and fair to me. but achieving that number by using an upper cap for the second stage would mean you will have to set it as 165,2 btc if you strictly consider the spreading plan of 23.5% for the early birds and 18.5% for the second ipo stage. this sounds like a bad idea, too, of course.

imho the fairest way to guarantee a widely distribution is as follows:
set a fixed number of what you want an early bird investor to get more for the same money, say 20% for example. organize the second stage of the ipo without a total upper cap, but sill using the upper cap of 1.5 btc per user for both stages, of course. run the second stage as long as possible and try to spread the word so that most people that are into cryptocurrencies have at least heard of it. finally calculate the coins each investor will receive as follows:
(1.2 * early bird investment + second stage investment)/(1.2 * all early bird investments + all second stage investments) * 42000000
note that this way of distributing the coins guarantees that an early bird investorg gets exaclty the 1.2-fold for the same money no matter how much is raised in the second stage.

exact details/conditions for 2nd stage investments will be communicated soon on website/ANN etc.
However I can tell you that there will be an upper cap so that there won't be 500btc. Regarding your first question: As for the 2nd round we will only allow investments through bitcointalk PMs to me (so we will not allow mails anymore). Although it might be a huge overhead we would do the following: Everyone who wants to invest must PM me before doing any transfer. We will send an "ok" back to you first (checking if person is e.g. quite new and possibly a 2nd account and if upper cap is not reached yet).

I hope this process will be acceptable for most of you. I would see the upper cap at 250BTC. But have to check with my team first. We are considering to cross out LTC investments so that we would only allow BTC. Since 2nd stage will be opened ~2weeks everyone has the possibility to convert his LTC/other coin easily to BTC on his own.

regards
eXocoin


#edit @rramires:
case A: there are only very few 2nd stage investors (lets say 10BTC). In that case 1st stage investors would get large parts of 2nd stage as well so that a 1st stage investor of 1BTC gets at least a bit more than a 2nd stage investor of 1 BTC.
case B: there are way more 2nd stage investors (lets say the upper cap = 250BTC). In that case 1st stage investors get 23.5% as defined.

So whatever may happens in 2nd stage: early bird investors will get at least a bit more EXO from the same investment amount than a 2nd stage investor. That is a guarantee. I hope this clarifies it?

@ eXo_coin

since you are aiming for a widely and fair distribution of EXO i have got two questions:
1. how are you going to prevent that nobdoy can invest more than 1.5 btc in total? are you going to have a public auditing like NEM for example?

2. let's assume you present a more than decent piece of software when starting the open beta and let's assume that the open beta draws some attention to a lot of new investors, so that all of a sudden in the 2nd stage of the ipo around 500 btc are raised in total. considering the 175 btc from the early bird stage, according to your current distribution this would mean that an early bird investor would get around 134k EXO for investing 1 btc whereas an investor of the second stage would only get 37k EXO for investing 1 btc. so the early bird investors would obtain the 3.63-fold for the same money. would you change the distribution in such a case and if so how would it be changed or would you simply leave everything as it is cosidering this a fair distribution?