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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: January 05, 2020, 05:24:37 PM
We have suspended all activities in our social media channels until now. We are back!

Here's what we have been doing:

1. We completed MainSale the mobile app that allows vendors to accept ETH and ROKS as payment; however, it still has issues and we are fixing those;

2. We closed a deal with Prime Trust in which ROKS will be managed by them. They will hold all USD backing.

3. We are building a remittance web app that allows OFWs to buy and send ROKS to their beneficiaries in the Philippines; we should have a beta version by end of January.

4. Still no exchange that lists ROKS in the Philippines. We will have one soon and are now activating the listing in ExMarkets.

Stay tuned.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: January 05, 2020, 05:11:39 PM
What wallet will be better to use with ROKS? Opera wallet, simple MEW or some other wallet?

We recommend the Opera browser wallet.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: October 15, 2019, 07:25:35 AM

Exmarkets is good, but if you list ROKS token on Bittrex like you said, it will be much better and bring your token much more trading volume.
Bittrex? Seriously? Why would such a big exchange list unkown stable token as ROKS is now?
We have sent in our application for listing of ROKS. Yes, ROKS is unknown right now, but I think they will see the potential. Bittrex considers current market size when deciding to list, of course, but they themselves indicated that they also consider potential.
If Bittrex does not list ROKS, we will recommend going directly to Prime Trust, our official custodial bank. Overseas Filipino Workers (OFWs) can open accounts at Prime Trust and buy ROKS directly there. We are still in the process of setting this up, but we already have a relationship with Prime Trust. (See https://primetrust.com)
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: October 15, 2019, 07:16:17 AM
Why did you mention Shapeshift and Evercoin in your Whitepaper? Do you have a cooperation with these projects?
Neither Shapeshift nor Evercoin are partners right now, but using their API does not require anything special so a partnership is not required in the beginning. This is for version 2 of the payment system where we aim to allow vendors to accept any major cryptocurrency (not only Ethereum). The fees for using Bitcoin, for example, would be exorbitant because it would include fees charged by either Shapeshift or Evercoin, but only in the beginning. If we get enough volume of transactions going through either of these exchanges, then we will propose a partnership to get discounts.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: October 13, 2019, 09:40:00 AM
Though you can't earn with ROKS tokens if you aren't an evangelist, you will be able to earn with EVAN tokens that will be free but only at the start.
EVAN tokens? Can you tell more about them? And how it will be possible to take them for free at the start?
EVAN tokens are essentially territorial license. You get it for free when you install the MainSale app (Android or iOS). See Step 6 in this video where it shows at the top: "FREE! Get Territory License Now (Limited time only)":
https://www.stabletoken.rocks/vendors
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: October 13, 2019, 09:31:50 AM
I hope ROKS will be listed on both inside and outside of the Philippines, so it will be possible to transfer them.
Yes, ROKS is now listed in ExMarkets.com and it will be listed at an exchange inside the Philippines also.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: October 13, 2019, 09:29:41 AM
Hi, can you make a promise that the project, Mainsale app and evangelist program will be launched until the end of this year?
3. We are currently applying for listing with a local exchange in the Philippines (we will announce as soon as the partnership agreement is signed by both sides).
Can you tell the name of this local exchange? Or now it is impossible before the agreement is signed?
Yes, can't reveal until agreement is signed.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: October 12, 2019, 12:34:02 AM
Hi, can you make a promise that the project, Mainsale app and evangelist program will be launched until the end of this year?
We are shooting for November, but there are no guarantees because certain things depend on outside factors. So far, we have accomplished the following:
1. We have obtained a "blessing" from the BSP (Central Bank of Philippines) stating that ROKS will be treated like Bitcoin and Ethereum, freely tradeable and exchangeable with fiat on licensed platforms;
2. We have listed ROKS at ExMarkets.com and have applied for listing with Bittrex in the U.S.;
3. We are currently applying for listing with a local exchange in the Philippines (we will announce as soon as the partnership agreement is signed by both sides).
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: August 12, 2019, 12:42:17 PM
Is Rockstable main project of your team? Or just side project? Do you have enough funds to launch this solution and ensure it for some time?

Rockstable is the main project for our team. We have some funds since this is already an established company which changed its name from Pure Money technologies which specialize in remittance to Rockstable Token INC. And conducting our IEO is also one way to raise our funds for future developments of our app and marketing.

We do have funds; otherwise, we won't be operating and building our system. We are working hard to do a Pilot Program in Q4 timeframe. We are still working on getting a bug bounty started. As it is, we are still finding problems with our payment system on our own, so that's why we have not started the bug bounty. The smart contracts are done and have passed the audit by https://QuantStamp.com.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: August 07, 2019, 03:21:17 AM
How much tokens will be released after the start? Do you have some reserves that will allow you to build a strong token?

We will only release ROKS as a result of a exchanging with USD or another USD stablecoin. The ROKS we will give to evangelists will also be backed by USD, so it's real money.

It's very simple: we sell ROKS at $1.01 and we also have a buy order for every ROKS sold at $0.99. Our simple trading bot is up and running in ExMarkets.com now: https://exmarkets.com/trade/roks-usdc
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: August 07, 2019, 03:14:11 AM
People won't help you for Evan tokens. Firstly, they don't even know its price. Secondary, they can't be sure Evan will be listed somewhere and its price won't be dumped

It's really just a matter of educating people about the benefits and purpose of Evans. Once they understand the difference between Roks and Evans then they will be interested in it.
Is it really any difference between Roks and Evans if you say you will give 1 Roks for 1 Evan?

EVAN tokens are NOT reward or bounty tokens. These are license tokens. Initially it will be free. If you sign up as an evangelist, you obtain EVAN tokens in order to install MainSale and deploy the smart contracts for vendors. We will be paying you 1 ROKS for this, NOT as exchange for EVAN, but as reward for installing MainSale for a vendor. Your EVAN token gets converted to a territory token which is then deposited in the vendor contract. It is NOT exchanged for ROKS. The reward of 1 ROKS is temporary and will be removed once there are enough vendors who can accept ROKS.
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: August 03, 2019, 12:42:50 PM
Why you can not establish an Evan cost at the start? It is very important for investors

It's free at the start (price = 0) that's why there's no point in listing it in any exchange initially. This is to attract the first evangelists and vendors to our payment system.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: August 03, 2019, 12:39:21 PM

-Overseas Filipino Workers (OFWs) buy ROKS and a tiny amount of ETH from ExMarkets.com for sending to their relatives back home in the Philippines (the beneficiaries). They send ROKS and a very minimal amount of ETH (for Ethereum gas) to their relatives using their “wallet” in ExMarkets.com. It is also possible to buy and send just ETH.

-The beneficiary relatives receive the ROKS and ETH in a couple of minutes. They use the Opera crypto wallet in their smartphones to get an Ethereum address (account) and keep track of their money in that address. They also use the Opera wallet to pay vendors.

-Vendors have to have the RockStable point-of-sale app MainSale to be able to accept ROKS. Evangelists sells territorial rights to MainSale to the vendors.

-Vendors collect ROKS they receive as payment. At certain periods (maybe weekly), vendors sell their ROKS at coins.ph, pdax.ph, or citadax.ph for PHP or USD. Evangelists help their vendors sell their ROKS.

-RockStable sells ROKS to OFWs in Bittrex; we buy ROKS from vendors in the Philippine exchanges.

You can check out our case uses: https://rockstable.io/use-cases

This is all good but why you would need new coin for this, you could easily achieve this by using any other currency with fast transfer which would be changed in the other end to USDT or FIAT fast enough.
Still the question remains also , those who would need to use those transactions .. do they have smartphones and knowledge how to use them  This still is my main concern.

Each stablecoin has its own stabilization mechanism. Ours is very simple in the beginning and we will automate and decentralize what can be automated and decentralized.

We are unique among stablecoins in that our initial focus is on the accept-side. We call this accept-side strategy "value trust transference". I am writing an article about this in three months. Once you get the idea, you yourself will want to introduce your own stablecoin Smiley
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: July 23, 2019, 08:54:24 PM
Another stablecoin, do we really need another if we have so many of them right now? Is it really something special?

Roks will be different from other stablecoins, The existing stablecoins out there are usually designed for exchanges while ROKS is meant as a medium of exchange for everyday stuff like groceries. Other stablecoins promises 1 to 1 backing at all times. We don't promise that because it amounts to very inefficient use of capital. However, we do promise to keep the peg to USD while USD keeps its value.

Than how could you say this is stable coin while there is no guarantee of capital than it will survive in long term. I think you want to say this is another cryptocurrency but want to sell at the amount of 1 USD and that is why you calling this new stablecoin.

In the beginning, it is important that there be 1-1 peg against USD. Later, as the amount of ROKS in circulation grows, standard monetary policies can be utilized to keep it stable. All actively managed currencies go through the same phases: introduction, transference of trust, active management of quantity in circulation according to measured purchasing power, etc. A currency that is managed well will keep its purchasing power through time. Different stablecoins / stabletokens will compete according to a standard measure of stability. Some stablecoins will experiment with algorithmic stabilization mechanisms; we will use whatever is proven to work.

At some point, if and when USD loses its stability and we have gained the trust of many users, we will have to break the peg in order to keep the value of ROKS on an even keel, independent of USD. ROKS will have a variety of asset backing at that point, including volatile cryptos. There may be times when the backing value exceeds the total amount of ROKS in circulation.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] New Stabletoken ROKS on the Ethereum network on: July 19, 2019, 11:19:28 AM
Hello team. When and where can I buy EVAN tokens?
I also want to know how to make money using your point-of-sale app called "MainSale"? Thank for answer in advance Grin
EVAN token is not yet listed anywhere. It is used for installing MainSale and registering the vendor. Normally, an evangelist would buy EVAN tokens which she would then resell to a vendor as a territorial license to use MainSale. At this time, as a promotion, EVAN tokens are free. However, it is not on main net as yet. We still have it in the Ropsten test network at this time. We will announce when the EVAN token becomes available at an exchange, but this is not an issue while EVAN tokens are still free.
16  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] New Stabletoken ROKS on the Ethereum network on: June 10, 2019, 12:07:59 AM
Finally, a Stabletoken You can Use at the Corner Store

Introducing ROKS, a stabletoken with its own payment system, built using smart contracts in the Ethereum network.

Most stablecoins / stabletokens focus too much on coming up with a decentralized stability mechanism. We focus instead on building network effects, by establishing trust on the accept-side. Our payment system is also unique in that, unlike most crypto payment systems, our focus is in making it easy for vendors to accept ETH and ROKS. We call this the "accept-side" strategy rather than the usual "spend-side" strategy in which the crypto never gets in the hands of vendors (it is converted to fiat, and fiat is what the vendor receives).

Or course, we are not saying that we don't have a stability mechanism. We do. In the beginning, stability is guaranteed by backing every ROKS with a USD. Later, we will apply monetary economics principles to implement a centralized stability mechanism, largely based on tried and true free banking stability practices. (Banks used to be allowed to issue their own notes, which they kept stable for the most part, unless laws constrained their ability to do so.) We don't believe that it is currently possible to implement a completely automated or algorithmic stability mechanism. Pegging to USD is very simple and reliable. However, unlike Tethers, we do not promise that every ROKS will be backed by USD, all we promise is that we will keep ROKS stable because it is crucially in our interest to keep it stable. In order for you to trust us in this, we may entrust the backing USD to another entity, like Stably is doing. Unlike Stably, however, again we do not promise one-to-one backing with USD.

Are We Just Another Bank?

No, we are not a bank. We are not licensed to be a bank. We believe in the technology of blockchains, distributed ledgers, and hashgraphs. Bitcoin has proven that a trustless system can work and in fact flourish. Bitcoin is truly decentralized and even its "monetary policy" is decentralized by being very simple: nobody controls issuance of bitcoins, instead bitcoins are released according to a strict schedule, with an absolute upper limit in quantity.

That's where the rub is, with Bitcoin: by being totally decentralized it has traded stability for a very simple monetary policy. This monetary policy removes the ability of Bitcoin to build network effects associated with a true medium of exchange. Our surveys indicate that small vendors are not willing to accept Bitcoin, or any cryptocurrency for that matter. The reason is precisely because Bitcoin is volatile. Small vendors are already in a risky business, and accepting volatile cryptos unnecessarily adds another layer of risk. If you are in doubt about this reasoning, just ask yourself why, after a decade now, Bitcoin has not become a popular medium of exchange, after so many attempts at making it popular.

Our First Target Market

Our go-to market area is the world remittance business. This is where cryptos really shine: cross-border remittance. However, we are currently a tiny startup and we can't afford a worldwide roll-out like Facebook can. We are therefore currently focused in the Philippines. There are more than ten million Filipinos who work outside of their beloved country. The money they regularly send home account for about a third of the Philippine GDP. We are excited to be able to help out by reducing the cost of sending money home.

How Can You Participate?

Right now we have lined up a couple ways that you can participate:
  • You can buy our EVAN tokens when it becomes available;
  • You can buy our EVAN tokens and actively seek vendors who are willing to install our point-of-sale app called "MainSale".

We are currently applying to list our EVAN and ROKS tokens at exchanges. EVAN tokens are a territorial license to MainSale. Once listed, you can buy EVAN tokens as a passive participant or an active participant. You are a passive participant if you buy EVAN tokens and do nothing with these. You can sell them later, but once you sell and install our MainSale app to a vendor's device you become an active participant. As an active participant, the benefits are
  • The vendor pays you for helping understand and install the MainSale app; and
  • The payment system pays you 0.7% of the amount paid in ETH for every ETH payment received through that MainSale app.

More Details in Our Website

Our website: https://rockstable.io has a listing of all our team members, our white paper, etc.
17  Economy / Service Discussion / Re: H/w Hosting Directory & Reputation on: April 12, 2015, 09:59:44 PM
Centerus has 400 kW available for hosting in Eastern Washington. Monthly rate is $75 kW-month for people needing 50 kW or less. We have lower rates if you need more than 50 kW.
18  Economy / Service Announcements / Re: A big, clean power hosting site (low-cost colocation for your mining rigs) on: October 21, 2014, 12:33:58 AM

post the link in such a way I can see it. in your signature it may go right to  virus infested site.

I can see you have been around but for all I know it could be a hijacked account.

never mind here is your link looks okay.

https://www.centerus.com/product/reserve-power/

Thanks.
19  Economy / Service Announcements / A big, clean power hosting site (low-cost colocation for your mining rigs) on: October 20, 2014, 08:43:45 PM
Mining has now become a power intensive business. It's no longer enough to obtain the most powerful mining rig and let it hash away. You now have to consider the efficiency of the chips used. From 28nm just a couple of months ago, the nascent ASIC hashing industry has quickly moved to 20nm last month, and now products are being announced that utilize 16nm chips. Aside from the obvious size advantages, chips at finer process techs also means more efficiency, all other factors being equal. We are now at the stage in which, in addition to efficiency, you also now have to consider your power cost.

Our focus at Centerus has always been to lower hosting costs. We have been in the hosting business since February of this year. We now have over 200 kW of capacity, and all our sites are full. Most of our clients have been profitable.

Now I believe we have gained enough experience to build and manage the next site, our biggest by far. It is going to have a capacity of at least 1 megawatt. We have just purchased a few used power distribution cabinets. These cabinets are about 300 kVA each, and are equipped with 480V to 208V three-phase transformers specifically built to power switching PSUs. This big site will be available by middle to end of November. Our price for hosting in this new site is $99 per kilowatt-month, which includes most everything, except a few things that you can do yourself remotely, like upgrading firmware.

If you are planning to purchase or have purchased the latest mining rigs, the next thing you need is electrical power, and we will have plenty. However, even with this enormous capacity, it is very likely that we will run out. To ensure the availability of power for your mining rigs, you can reserve the necessary power with us. In order to reserve, you pre-pay us two month's worth of hosting fees. Half of the pre-paid fee is for the first month, and the other half for the last month of hosting. You can do this at our website, using the link on my signature below.
20  Economy / Service Discussion / Re: H/w Hosting Directory & Reputation on: October 20, 2014, 08:27:20 AM
Centerus is now accepting reservations for mid-November availability of hosting capacity: https://www.centerus.com/product/reserve-power/
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