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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ICO LIVE] STRATIS | C# Blockchain Development Platform | ICO ends in 10 days
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on: July 17, 2016, 06:39:07 AM
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What is the advantage of Stratis over the rest of the other platforms? We already have a lot of platforms out there from Ethereum to Rise and everything that came out in between. I read the OP and I don't see very much any difference from the ones we already have.
One of the main thing is the programming language. There is more C# programmers out there than C++. As I see it Stratis is mainly targeting businesses by making it easier to develop blockchain apps. They support custom blockchains which are rooted in the Stratis blockchain if your product has special requirements. I dont think Stratis is as flashy as some of the other projects out there, as they dont claim to one day be able to do amazing things. What they do offer is a solid project that has real world use now. At least that my view of the project. Are there companies or start ups seriously considering to use Stratis as their solution for blockchain based apps? Is the Stratis team already talking to companies and start ups marketing their platform or do they just build the platform and then wait and see? Since we have already a lot of platforms I think the Stratis team should do something a little extra to make it successful. The market is already saturated. That is why I ask what makes Stratis so special? Saturated??? I can only see one Ethereum that is not 100 % secured and the rest still in limbo don't know what to do with ICO funds. Name 5 working of which would make BaaS saturated. Yes saturated. It may not be your point of view because you believe these platforms will work right out of the box. But for me they are all experimental and are not proven to work as promised. Why? Because all of them are not proven to scale when network transcations reach real world levels. So yes the market is saturated with all these experimental platforms. One dev will say his platform is great because of x, and the other will say his is better because of y. Just look at the announcement section of the forum and tell me it's not saturated. I think it is saturated too, cause this good project raises money so difficult. Even in altcoin and ico projects, they are very saturated. But we still have large room to increase, i specify the price for good ICO coins.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: LBRY.IO CPU/GPU MINING POOLS AVAILABLE (DISCUSSION THREAD)
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on: July 17, 2016, 06:20:50 AM
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Why a so high premine? 400kk coins. I see only 335k mined so far for 3 weeks. First 5100 blocks were with a low reward of 1 coin each. It's about 70 coins now and keeps increasing to 500.
Hello! So somebody can answer- how many LBC coins is now? 335 000? or 4 milions? something I misunderstood?? according to the block explorer, it is 400M, and over 99% coins are held by the dev team, i don't recommend you guys buy this coins.
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768
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN ICO] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*
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on: July 14, 2016, 06:37:59 AM
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http://heatledger.com/ico/Current total value of reserved ICO: 922.918 BTCBTC: 248.534 (stage 2 at 320 BTC) ETH: 308.908 (stage 2 at 8,125 ETH) FIMK: 212,004,689 (stage 4 at 235,000,000 FIMK) NXT: 4,939,248 (stage 3 at 7,750,000 NXT) The ICO is progressing according to plans. Non-BTC cryptos are converted for display purposes only at current market rate. How many btc worth you have received so far?
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770
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: DL(i)sk -ICO CLOSED - MAINNET LIVE - TRADING ON YOBIT!
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on: July 14, 2016, 06:18:30 AM
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I regret i joint RISE, WAVES, DAO ICO, but didn't join DLISK ICO, it is double now, if bittrex lists it, you guys will be rich.
Double? ICO price was 17 sats, now trading at 60 sats, it is 270% higher then ICO price.... and not just a few BTCs in trading volume, but plus 5 BTC in trading volume, almost 40% of ICO deposits. this is a great news for dlisk. we will waiting to be launch on exchange soon by the way, PM sent. thanks. it is already on Yobit. I mean in big an exchange like on poloniex or bittrex I dont like to trade on yobit. If it hit Poloniex then we are talking about a 1000sats coin I think we can hit a 1000 before Polo. The marketcap would still be undervalued. If DLISK will hit Poloniex then we are talking about 2000 - 3000sats. as a lisk clone, dlisk may be listed there after rise listing.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ICO LIVE] STRATIS | C# Blockchain Development Platform | 5% Bonus ends 2 days
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on: July 13, 2016, 11:21:04 AM
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Seems like if there was a fixed amount of BTC needed for a budget, it would have been better to sell the tokens at a fixed price, like 0.0000125 BTC each for a total of 1K BTC for 80,000,000 tokens sold, and just let the ICO run until they are sold out. A minimum of 1K BTC needing to be raised wasn't mentioned in the OP or ICO terms, guess I'd have to dig through a bunch of posts to see where it was first mentioned as a requirement to move the project forward.
looks good but already running, so it may work for the other ICO if the first ICO doesn't meet the requirement.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ICO LIVE] STRATIS | C# Blockchain Development Platform | 5% Bonus Period
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on: July 13, 2016, 11:04:29 AM
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That is still an option the team is thinking. If you continuously repeat the same question then it makes no sense cause he already said that they can give a clear answer after the ICO ends. Not to mention that it looks ridiculous to break the terms of the ICO but i dont think repeating claims is any helpful either.
we need a clear answer so that more investors will come, including me, i don't invest a project if the terms are changing everyday. And never seen any terms about extension. The situation will be much clearer when the ICO over. If the ICO is successful investors won't receive a refund. As I mentioned an option is to extend the ICO if the funds invested is not sufficient enough for the Stratis project. A trusted escrow service is in place to protect our investors. It's quite simple, why would we not provide a refund if the Stratis project won't be moving forward. I will decide to invest or not before ICO ending, I think your team has BTC core dev which is awesome and very attractive. There are 2 weeks ongoing, just wait. 1K should be very reasonable if you have so many competent devs, compared to waves team. They got benefits during DAO crazy crowdfunding period. But you will have brighter future than waves. Where did the 1K BTC figure come from? I didn't see any mention of a minimum funding threshold mentioned in the ICO terms. The project looks like it has promise, and I put some BTC in, and was considering more, but changing terms after ICO has started is cause for concern. https://bitcointalk.org/index.php?topic=1512202.msg15554770#msg15554770
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ICO LIVE] STRATIS | C# Blockchain Development Platform | 5% Bonus Period
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on: July 13, 2016, 09:16:43 AM
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That is still an option the team is thinking. If you continuously repeat the same question then it makes no sense cause he already said that they can give a clear answer after the ICO ends. Not to mention that it looks ridiculous to break the terms of the ICO but i dont think repeating claims is any helpful either.
we need a clear answer so that more investors will come, including me, i don't invest a project if the terms are changing everyday. And never seen any terms about extension. The situation will be much clearer when the ICO over. If the ICO is successful investors won't receive a refund. As I mentioned an option is to extend the ICO if the funds invested is not sufficient enough for the Stratis project. A trusted escrow service is in place to protect our investors. It's quite simple, why would we not provide a refund if the Stratis project won't be moving forward. I will decide to invest or not before ICO ending, I think your team has BTC core dev which is awesome and very attractive. There are 2 weeks ongoing, just wait. 1K should be very reasonable if you have so many competent devs, compared to waves team. They got benefits during DAO crazy crowdfunding period. But you will have brighter future than waves.
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779
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ICO LIVE] STRATIS | C# Blockchain Development Platform | 5% Bonus Period
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on: July 13, 2016, 08:52:56 AM
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That is still an option the team is thinking. If you continuously repeat the same question then it makes no sense cause he already said that they can give a clear answer after the ICO ends. Not to mention that it looks ridiculous to break the terms of the ICO but i dont think repeating claims is any helpful either.
we need a clear answer so that more investors will come, including me, i don't invest a project if the terms are changing everyday. And never seen any terms about extension.
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780
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ICO LIVE] STRATIS | C# Blockchain Development Platform | 5% Bonus Period
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on: July 13, 2016, 08:42:56 AM
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how much will be a stratis in bitcoin?
The price of each Stratis token will be calculated once the ICO is over. With about 200 BTC invested right now the price of each Stratis token is 200 satoshi (0.00000200) Eg: with 1000 BTC invested the price of each Stratis token will be about 1000 sat (0.00001000) So, Krushang, the ICO period will be extended if 1000 btc is not invested... Yes the ICO will be extended. Investors that have already invested would like the Stratis project to launch. http://www.finyear.com/Stratis-ICO-Goes-Live-Makes-Blockchain-Apps-Easy-For-Businesses_a36680.htmlIs there a reference where the possibility of the ICO being extended is mentioned? I can't find it in the text below, the ICO terms from the blog, http://stratisplatform.com/2016/06/14/ico-terms/. Given that no refunds are being issued, I don't see how the terms can be changed after the ICO has started unless this was mentioned before hand, or at least, refunds should be available for those who don't agree with the changes to the terms. ICO terms from blog, 7-12-2016: Stratis ICO
Information for investors
Summary: Blockchain-as-a-service – flexible, off-the-peg ledger deployment
Blockchain or Distributed Ledger Technology (DLT) offers a radically different paradigm of storing and managing information online. Decentralised ledgers lack the points of failure and associated security issues of traditional databases and top-down protocols, whilst at the same time posing their own unique challenges for effective deployment and maintenance.
The advantages in terms of costs, transparency, immutability, security and confidence that are characteristic of blockchain solutions mean that financial businesses, government departments and other organisations are exploring applications of all kinds with a view to delivering services more profitably and efficiently. However, reliable deployment of a new blockchain fit for purpose entails extensive overheads in terms of network infrastructure, development, security and ongoing maintenance. Moreover, use of an existing blockchain (such as Bitcoin) comes with numerous problems for a mainstream business, not least because users have no control over blockchain features or future development.
An attractive model for blockchain service provision exists in cloud computing. Cloud services may be tailored according to the needs of the organisation and infrastructure, platforms and software provided as services via web interfaces – without businesses having to take on the maintenance of these themselves.
Stratis will take a similar approach to blockchain deployment, enabling organisations to provision their own private blockchains, tailored to their precise needs but secured on the parent Stratis chain. This approach means there are few unnecessary overheads whilst allowing businesses to secure the benefits of a blockchain-based solution, developing services via powerful APIs and lite web-based clients.
ICO schedule
The Stratis ICO will take place over the course of 36 days, beginning at 17.00 EST on 21st June 2016 and ending at 17.00 EST on 26th July 2016.
Following the ICO, we will deliver a Stratis beta wallet based on Bitcoin Core. This will allow investors to hold and secure their own coins, while also allowing exchanges to list Stratis. Our priority is to deliver the Stratis C# Full Node development framework, while also developing our side chain technology and the blockchain-as-a-service platform in parralel. Although the Stratis Full Node will be developed on top of NBitcoin, significant development is required to create this C#/.NET Full Node framework. We aim to have the Full Node framework and mainnet released in December 2016, please note this a very conservative estimate due to the historical issues faces by other bleeding edge blockchain platforms.
Accepted coins, bonuses and security
The ICO will only accept bitcoin, and funds will be held in bitcoin long-term until needed. Investors who wish to participate in the ICO with altcoins will need to convert them to bitcoin first; no altcoins will be accepted directly.
Investors who deposit BTC in the first 120 hours (5 days) will receive a 20% bonus when Stratis tokens are distributed (i.e 1 BTC deposited in the bonus phase will count as 1.2 BTC for the purposes of allocation).
Bonus Breakdown for ico investors:
First 5 days (21st June-25th June) – 20% bonus
Next 10 days (26th June-5th July) – 10% bonus
Next 10 days (6th July-15th July) – 5% bonus
Last 11 days (16th July-26th July) – 0% bonus
Escrow Details
Funds will be held in multisig account. Paul Klanschek (TwinWinNerD), CEO of Coinimal, will hold one key. A second key will be held by trusted Bitcoin Escrow SebastianJu , Chris Trew the CEO of the Stratis project will hold the third key.
The funds will be released from escrow when the mainnet is live and investors are able to withdraw their Stratis. There will be a 2 week cooling off period after this milestone has been reached to ensure that the Stratis Foundation have delivered a stable network.
Coin supply and distribution
A total of 98 million coins will be distributed after the ICO 85.7% of Stratis tokens (84,000,000) will be allocated to ICO investors, while the remaining 14.3% (14,000,000) will be retained by the core team for development, marketing, partnerships and incentives programmes.
Breakdown:
ICO Investors- 84 million
Stratis Team- 8 million
Advisors and partners- 2 million
Bounties and campaigns- 4 million
Total- 98 million Stratis
Refunds?
Once you have invested BTC into the Stratis Project you will not be eligible for a refund.
Why invest?
Stratis tokens will fuel the Stratis blockchain and also the private chains (side chains) that will be part of the Stratis network. Stratis tokens can be used as a payment method for the decentralised app hosting functionality built into Stratis and the fuel for the Blockchain-as-a-Service platform. We will be developing and engineering many platforms and services on the Stratis blockchain that will help to build a healthy eco system around the Stratis Blockchain. Consequently, adoption of Stratis and its private chains will entail increased demand of the finite supply of StratisCoins.
Like your findings, Krushang is contradicting himself, it is different from the terms. Could u explain it? OP?
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