Emm, sounds interesting. My love is endless...
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qbt.cpu-mine.net is often offline. What's the problem?
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IPO just around the corner and still no word from the ether team ... chirp chirp. with 4 founders and a dozen+ "developers, marketers, entrepreneurs, evangelists and partners" you'd think they could spend sometime answering their potential investors and criticism... - silent on bitcointalk
- blog is down
- facebook inactive
- 0 tweets on twitter
I guess they have more important things to do ... Yup, the most important thing is to find a big enough bag to hold money.
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Did I say interested yet Lol, yep! Great. Interested Brownie points for being double-interested. Stake stays the same
Now, a brief status update: - Interesteds aren't necessary anymore. Enough interest has been shown. I am active in development (will edit OP)
- I expect to have an easy-to-use setup and configuration tool ready by end of the week
- GitHub repositories have been initialized at https://github.com/PiNX-Community. Again, nothing of consequence is in place
- Everything will live in the GitHub repository with permissive licenses.
- pinx-src - where source code will live
- PiNX-Community.github.io - website served from here
- main - Home for Wiki
- Licenses have been selected
- MIT for source code
- Creative Commons Attribution 4.0 International for website and wiki
- Can somebody knowledgeable of licensing reply if this is appropriate?
An FYI: The PiNX java client will be one of the last pieces of software to be finished. Nxt source is scheduled for release in April, and it will be extremely tricky (if not impossible) to create a valid clone before then. PiNX will exist as a pure fork of Nxt, so we will use the Nxt java client until then. Marketing angle: A digital currency for Makers, by Makers. Registration window: May be extended to allow outreach to the Maker community. Framework is in place for community collaboration. I'm not seeking help just yet but if you have any ideas, jump right in! It seems a nice start.
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Be careful, don't use the same password there as you do here.
Great reminder.
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I don't see any sell order or trades on vircurex. How about you?
nobody see cause everybody still not have 100 verifications which vircurex wants yes 100 confirmations are too much..... Bter ask for only 20 confirmations. So nxt on vircurex is negative or positive to the price? Any prediction?
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Now, I can say at least 80% possibility this is a SCAM.
1. exe_COIN is a brand new account. 2. exokk is a member. However, when I search his previous posts, I found all of his posts are to express interest on some new coins ( such as a lot of nxt clones) or to ask for giveaways. All of his posts revealed him as a totally miner and a fail investor. The most funny thing is exokk has even been scammed by Aeoncoin. I can't expect a 2nd generation coin dev is in such a suck stage.
So say bye to you, bro.
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- NO SOFTWARE TO SETUP
- Buy a pre-built SD card, PLUG IT IN to your Raspberry Pi, TURN IT ON, enter your passphrase... DONE
- Or, you can flash your own using the official IMG file
- Or, if you’re the REALLY nerdy type (like me), all source code and instructions will be available so you can build your own IMG from scratch.
I'm getting ready now! My pi has arrived and I have played with it. I understand that what I need do is just waiting. When the official img is released, I just need download and copy it to the sd card. Am I right?
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My other question is, where do the other 30'000 bitcoins go? Do the founders have to invest into the project too or are they simply awarded the 0.5X Ethereum.
Otherwise, the project looks promising but there I'm skeptical regarding ROI.
Read the first post. 30000 BTC will go to the pocket of devs according to salary, bounty....
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"The linear inflation rate has been reduced to 0.4*X per year"
Correct me if I'm wrong but x% per year is not linear, but exponential. Only those who can obtain inflationary currencies first (as they are printed) gain from inflation. Everyone else is impoverished. It's no wonder GS are interested in this project. Satoshi knew the dangers of inflation and designed bitcoin so we could escape this slavery. I'll be staying away from this one.
It actually decreasing. 1.5X + 0.4X per year So: Year 1: 1,5X Year 2: 1,9X (26% increase) Year 3: 2,3X (21% increase) and so on. Until it gets near 0% in the distant future. Let's say 0% in the "distant" future. How distant exactly is it ? We need expect Eth can still survive for so long time. I was interested in this project as it's with new features, transparent teams, well spread. I am in hesitation. I think the investors will take all risks (maybe very high) and have no equally high profit expectation. Actually we can calucate that fairly easily. Lets say you define 2% as "No inflation". Then 1.5X+0.4XY = 1.02 1.5X+0.4X(Y+1) Something is wrong with this equation. The right part should be 1/1.02, I think. To solve the equation, we can get Y~46.25. Yeah, we will have no inflation in 2070s. (consistent with the result in whitepaper). What is the total amount of inflation from IPO until 2070? Assuming that Eth will reach the hard cap (30000BTC) at IPO, there are about 30,000,000-60,000,000 eths sold in total (Let's take a median value 45,000,000). Considering 50% premine, the amount of eth should be 1.5*45,000,000 ~ 67,500,000 at launch. Until 2070, the total amount of eth should be 67,500,000*(1+0.4*46)~ 1,309,500,000. So just don't worry about the inflation. The amount JUST increase about 20 times in 46 years. It's only a bit, isn't it?
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Great news.
When I touched the world of cryptocurrency at the first time, I was attracted by Bitcoin. When I did my first investment, I chose Litecoin. And now, I sold all of my LTC and hold PPC. The feature and the devs will ensure me to hold PPC for a long-term.
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Has this rule been carried out now? I still saw a lot of giveaways..
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"The linear inflation rate has been reduced to 0.4*X per year"
Correct me if I'm wrong but x% per year is not linear, but exponential. Only those who can obtain inflationary currencies first (as they are printed) gain from inflation. Everyone else is impoverished. It's no wonder GS are interested in this project. Satoshi knew the dangers of inflation and designed bitcoin so we could escape this slavery. I'll be staying away from this one.
It actually decreasing. 1.5X + 0.4X per year So: Year 1: 1,5X Year 2: 1,9X (26% increase) Year 3: 2,3X (21% increase) and so on. Until it gets near 0% in the distant future. Let's say 0% in the "distant" future. How distant exactly is it ? We need expect Eth can still survive for so long time. I was interested in this project as it's with new features, transparent teams, well spread. I am in hesitation. I think the investors will take all risks (maybe very high) and have no equally high profit expectation. Actually we can calucate that fairly easily. Lets say you define 2% as "No inflation". Then 1.5X+0.4XY = 1.02 1.5X+0.4X(Y+1) Something is wrong with this equation. The right part should be 1/1.02, I think. To solve the equation, we can get Y~46.25. Yeah, we will have no inflation in 2070s. (consistent with the result in whitepaper).
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any news about nexern client?
nexern said he is three days behind his schedule which means we should hear something by the middle/end of the week... Oh, I was waiting for the client for whole yesterday. I am still not clear now. So nexern has winned the vote and would be the "official" client ?
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"The linear inflation rate has been reduced to 0.4*X per year"
Correct me if I'm wrong but x% per year is not linear, but exponential. Only those who can obtain inflationary currencies first (as they are printed) gain from inflation. Everyone else is impoverished. It's no wonder GS are interested in this project. Satoshi knew the dangers of inflation and designed bitcoin so we could escape this slavery. I'll be staying away from this one.
It actually decreasing. 1.5X + 0.4X per year So: Year 1: 1,5X Year 2: 1,9X (26% increase) Year 3: 2,3X (21% increase) and so on. Until it gets near 0% in the distant future. Let's say 0% in the "distant" future. How distant exactly is it ? We need expect Eth can still survive for so long time. I was interested in this project as it's with new features, transparent teams, well spread. I am in hesitation. I think the investors will take all risks (maybe very high) and have no equally high profit expectation.
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Me too. I think the devs are working hard on the code.
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It seems that eXo got few attentions. Until now, there are only ~20 replies. It could be a potential success or another scam? Can't answer yet.... Keep watching.
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