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921  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 16, 2014, 11:30:34 AM
So much talk about the price and its ups and downs...   Roll Eyes
922  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 16, 2014, 08:13:31 AM
Looks to be holding at 100k...get on board, or miss the spaceship.

Barely.
923  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 15, 2014, 02:25:15 PM
Please. Do not rush this Dagger. Take your time, I prefer quality before quantity
924  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 15, 2014, 07:34:02 AM
seems a bit unfair to me..  I have about 3000 Cloak that was staking. True about the orphaned blocks, but I heard that other people with halve of my balance are receiving almost 1 Cloak a day.
How is this possible?

I thought that the stake was 6% per year?
thats about 0.5 Cloak per day right?  

So why does somebody with 1500 Cloak receive 1 Cloak per day..

Not trying to fud. Maybe I am doing something wrong?


you might wanna consolidate your coins into one block.
coin weight does matter when it comes to preventing orphan blocks.
if you go to control, you'll notice you have bunch of small fragments of coins.
click them all and send it to your 2nd or 3rd address until you have 1 block with your entire amount.
when it stakes few hours later, that 1 block will be split into 2 blocks, and 4 and 8 and on.
consolidate once in awhile to make your coin weight heavier.



Thanks guys!!  Smiley Smiley  And I thought that I knew it all...  
925  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 15, 2014, 07:11:07 AM
seems a bit unfair to me..  I have about 3000 Cloak that is staking. True about the orphaned blocks, but I heard that other people with halve of my balance are receiving almost 1 Cloak a day.
How is this possible?

I thought that the stake was 6% per year?
thats about 0.5 Cloak per day right?  

So why does somebody with 1500 Cloak receive 1 Cloak per day..

Not trying to fud. Maybe I am doing something wrong?
926  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 15, 2014, 07:01:43 AM
Ok tubesteak, did repairwallet. But how do I get the stake back?
927  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 15, 2014, 06:54:11 AM
Somehow the POS fix did not work, blockchain is up to date and it looks like I am on the right fork and use client v1.9.6.0 How is this possible?   Huh


928  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 14, 2014, 06:03:51 PM
Obviously kitaco has sold his coins and has missed the boat, now he is feeling frustrated because the price isn't going down  Wink That is the only reason why he still hangs around here, trying to spread ...
929  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 14, 2014, 04:38:51 PM
I just want to clear up some confusion about the 'guidelines'.  In reality there is no way for a decentralized e-commerce system to 100% enforce any guidelines.

I merely want to give posters some guidelines about what will 'most likely be accepted'.  I have no idea what the free market will decide is okay or not until we release this.

I do believe that people are more good than bad.

This is why I invented OneJury.  By using this system, a reviewer is incentivized to take the correct action that he thinks his fellow reviewers will take.  The image from the white paper best explains how this works.



For example, lets say someone does make an assassination posting.  This listing will appear in the review area for random OneMarket users.  They can choose to take the risk of reviewing it before doing so by reading information on the post.  If they are confident that others will vote in the way they do then they can put a risk deposit down.  If their vote matches the majority vote of the others then they get their reward in the form of the transaction fee (that is split 11 ways to the 11 reviewers) paid by the listee.  If they fail to match the majority vote, then the money goes to the reviewers who did review in the the majority favor and they will think twice before taking a gamble on risky listings in the future.

Is is possible however, that 11 jurors could in theory let a posting go through like this but its highly unlikely as they will not financially benefit from doing so.

Chances are they will see assassination and all vote it down OR they just won't even attempt voting on it at all for fear of losing their risk deposit, thus the listing will never get posted.

Just wanted to make that more clear.






You Sir are a hero.
930  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 14, 2014, 02:23:23 PM
The market is impatient these days.. 
931  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 14, 2014, 01:03:03 PM
I was wondering if anyone could please help me with this:



The mined coins appeared last week (when I was using Windows Wallet 1.9.4) but were neither confirmed nor changed to "not accepted", and just stayed there as:
"Unconfirmed (0 of 4 confirmations) Generated but not accepted Mined"

I upgraded my wallet to 1.9.6 yesterday but this transaction is still there, doing nothing. I'm pretty sure I'm on the right blockchain (block explorer matches with my wallet).

Any ideas? Might just be one of those things.

Sure. The problem is that the mined transaction (2014-7-7) happened before the POS patch on block 59680 (2014-07-12)
932  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 14, 2014, 12:14:23 PM
Decentralized all the way  Grin
The search functionality is not the most difficult point imo, that's like searching the blockchain. The most difficult part is the sell and buy proces. And what about attachments? If the attachments are stored in a decentralized manner, then arises a new challenge: storrraaaage  Roll Eyes
933  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 14, 2014, 11:38:39 AM
To be honest I'm a little disappointed to hear about "regulations" in OneMarket.  I thought the idea was a decentralized "anything goes" type market.  You can't control what people do with it.  The beauty is unlike a hidden Tor site, you cannot shut it down.  Even hidden Tor services have a single point of seizure (server), but OneMarket would not live in any one place, like the blockchain.  This = freedom from censorship and rules.  

If you ban illegal drugs, I'm sorry but you are missing out on millions of dollars of Cloak that could be transacted per year.  Why have an elaborate anonymous marketplace if I'm buying PS4?  I think the key thing here is freedom, freedom to buy and sell what we please in a place that cannot be controlled by an entity.

Exactly. But the way I see it, there are no regulations, because this is DEcentral.  

So lets say I want to sell something via Cloak on OneMarket, what is the procesflow in simple language?

1. I am going to open my cloak client and post a listing.
2. I have to pay the fee which is payed to miners/stakers
3. Then my listing is being publiced
4. people can vote/review?
5. people can 'buy' it
6. another review?
934  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 14, 2014, 09:38:28 AM
Quote
So I'm working on the OneMarket Interface right now and just realized that we need some community guidelines for this.

::Community Guidelines::

- No Violence (This is NEVER accepted)
- No Illegal Drugs* (Again, legal in certain locations, marijuana in Colorado, USA for example)
- No Prostitution* (Certain locations this is legal, Nevada, USA for example)
- No Illegal Weapons* (Buying certain types of firearms might be legal, Texas, USA for example)


These community guide lines are not feasible, because of the 100% decentral nature of this project. 

What if OneMarket will be mostly used by criminals? Then OneJury will maybe vote for weapons or drugs or whatever. I believe however that the majority of the people are good. OneMarket will be unstoppable and in total control of the people. THAT'S democracy and THAT'S freedom.  And that's why OneMarket should not depend on central websites, nodes or filters.

In other words, if this thing succeeds in a timely matter, then we will write history!! 


And for all of these reasons, a note to the devs:  please take your time, don't let them rush you. If OneMarket in combination with PoSA succeeds you will change the world, forever.
935  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 14, 2014, 08:46:56 AM
Guys, could we please stop quoting the whole text??
Please quote only the line that you need!
Thanks,

Boestin
936  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 13, 2014, 03:56:52 PM
Download link should be on mainpage.
In a meanwhile: any updates on PoSa?

Oh and please join the subreddit /r/cloak. We need this community to grow.

Devs are having weekend and need to rest too.  What about cloakaine.com? Thats a nice site!
937  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 12, 2014, 08:52:07 PM
Guys, its the weekend. Relax a bit. Monday is when you guys can start busting balls again!

Agree!  Just relax now and take some rest!!!
938  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 11, 2014, 05:46:29 AM
Dagger and devs: Please take some rest, there is no need to rush!!
939  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [AИN] NODE aka NXTLite - Puppet Removal has begun! on: July 09, 2014, 05:47:06 PM
Sorry for asking this noobish questions:

How many coins will be distributed amongst the stakeholders?
When is the official launch?

Where can i find this information? Huh

Ty,
Boestin
940  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: July 08, 2014, 09:23:30 PM
Quote
I think $100+ is definitely doable with all the things coming down the pipeline. Darkcoin got to almost $20 bucks with the promise of anontech - no actual value added services, no anontech - just the promise of anontech. We've got 1/4 of the coin supply of DRK. If this ecosystem that is being developed actually gets pulled off we'll definitely be in the $100 range.

Best thing for a coin besides the development roadmap is to nurture it's community. A strong community and strong dev team are what takes a coin to another galaxy. Be kind and informative to new investors and it will go along way in bringing up the value of the coin.

Jump in the IRC channel and talk with the other guys in there. Lots of amazing ideas are being conceived regarding marketing and overall growthhacking plans.

If you have any connects with a prior coin community let them know about Cloak because this is the real deal. The smart ones will come over because they know at the end of the day its about financial security in an investment not blind loyalty to a coin.

I liked this post!
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