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Author Topic: [ANN] [R3D] NEW UPDATES COMING SOON  (Read 66178 times)
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Kushedout
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August 21, 2015, 06:24:26 PM
 #281

Let the hoarding commence!!!

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August 21, 2015, 06:29:34 PM
 #282

just bought my first batch of r3d

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August 21, 2015, 06:43:42 PM
 #283

Hi folks,

     I wanted to take a minute to give everyone a bit of information regarding what's happening now and what's to come.  I'm coding and working with our UX designers to have the first desktop client demo ready by or before Tuesday August 25, 2015.  There are so many uses and applications with r3d that what I've done so far is showcase a couple of them which is the ability to enable a r3d-powered site on a standard web server, utilizing r3d as not only a sustainable, reliable data source, but also the fact that this functionality is coded directly into r3d.  When I demo the desktop client, you will get a much better idea of what r3d is capable of and how user-friendly r3d will be to the general public as well as how easy it'll be for developers to create their own applications using r3d.

Regarding the structure of our zero-sum design:

1.  Anything unsold during the CFC will be burnt.  No new r3d will ever be generated.
2.  Mining via auxpow or directly will yield rewards based on usage.

So for example, if someone buys 10,000 r3d and spends 3500 to register an account - that 3500 goes back into the network as fees for miners.  The first miner to find the block that contains that fee, gets 3500 r3d.  The miner might hold, or they might sell on the market.  The next person who wants to use r3d, buys it from the market and uses it for whatever they'd like to on the r3d network.  Let's say they write 10 posts - that would cost 1000 r3d as of the fee structure right now.  That 1000 would go back into the network for the miners.

  • This is a means of combating saturation and promote usage.
  • While usage grows, if the supply doesn't meet the demand - it could have a positive effect on the market in terms of value.
  • The more r3d is used, the more valuable it gets.
  • auxpow provides the means to earn r3d while mining other scrypt coins without the need for additional power as well.
  • Traditionally with PoS and inflationary systems, you will be rewarded with more coins, however, this promotes hoarding (bad for any economy) vs spending and will affect price as people spend these interest-earned coins. (this makes it so there is no pressure for miners to dump, and also not rewarding hoarders for creating a stagnant economy)
   

     Best regards,

syntaks
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August 21, 2015, 07:52:04 PM
 #284




So should I dump my NEOS?

Will NEOS get upgraded to have all of the same abilities of R3D?

Is NEOS dead?




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August 21, 2015, 07:58:10 PM
 #285




So should I dump my NEOS?

Will NEOS get upgraded to have all of the same abilities of R3D?

Is NEOS dead?




yer and buy some r3d Cheesy Cheesy Cheesy Cheesy
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August 21, 2015, 08:14:07 PM
 #286




So should I dump my NEOS?

Will NEOS get upgraded to have all of the same abilities of R3D?

Is NEOS dead?





Not one bit.  Neos will never be dead and I've explained to the community that I had to take on the dev work to sustain a living.  r3d would provide a full-time job opportunity for me where I could spend the time developing for both.  r3d has its own uses just as Neos does and the features coming in Neos differ from r3d because of that - so there is no conflict.  Neos hasn't been dead while I've done development work fixing numerous other coins for communities or any development work aside from it, so there's no reason it would be dead now.  If you want to sell your Neos, that's your choice.  I've been here every day since inception for Neos and don't plan on changing that.

     Best regards,

syntaks
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August 21, 2015, 08:29:27 PM
 #287

syntaks
i done my home work on you Cheesy
very nice man.. i feel safe backing this coin
love what you tried to do with bella Wink Wink SUPER STAR you are Kiss
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August 21, 2015, 08:40:55 PM
 #288

Looks good, I like this project. Wish you all the best.

BTC: 3BVXVK6N1Ks41AKXQgABawPL6J5Xy73eV7
LTC: MU7kg1FKPEgKqsG8f1CuiCVNs8z2BtzHTm
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August 21, 2015, 08:50:32 PM
 #289

Finally the feedback this project deserves!

@fartbags: Dump whatever you want but never ever Neos! ;-)
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August 22, 2015, 01:58:55 AM
 #290

Has mining begun for R3D, none of the pools seem to be mining ATM, and if I were to mine, is it SHA-256?
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August 22, 2015, 02:04:37 AM
 #291

Has mining begun for R3D, none of the pools seem to be mining ATM, and if I were to mine, is it SHA-256?

Mining will begin after CFC has completed and source is public. Should be between Sept. 4th and 7th. Mining algo is Scrypt.
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August 22, 2015, 02:47:28 AM
 #292

Has mining begun for R3D, none of the pools seem to be mining ATM, and if I were to mine, is it SHA-256?

Mining will begin after CFC has completed and source is public. Should be between Sept. 4th and 7th. Mining algo is Scrypt.

Ok great, Thanks. Looks like a promising idea!!
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http://fuk.io - check it out!


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August 22, 2015, 03:35:35 AM
 #293

supporting R3D and it even got into my post Smiley http://fuk.io/august-2015-report-best-altcoins-and-cryptocurrency-to-mine-and-invest-in-to-profit/

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August 22, 2015, 04:33:51 AM
 #294

Hi folks,

     I wanted to take a minute to give everyone a bit of information regarding what's happening now and what's to come.  I'm coding and working with our UX designers to have the first desktop client demo ready by or before Tuesday August 25, 2015.  There are so many uses and applications with r3d that what I've done so far is showcase a couple of them which is the ability to enable a r3d-powered site on a standard web server, utilizing r3d as not only a sustainable, reliable data source, but also the fact that this functionality is coded directly into r3d.  When I demo the desktop client, you will get a much better idea of what r3d is capable of and how user-friendly r3d will be to the general public as well as how easy it'll be for developers to create their own applications using r3d.

Regarding the structure of our zero-sum design:

1.  Anything unsold during the CFC will be burnt.  No new r3d will ever be generated.
2.  Mining via auxpow or directly will yield rewards based on usage.

So for example, if someone buys 10,000 r3d and spends 3500 to register an account - that 3500 goes back into the network as fees for miners.  The first miner to find the block that contains that fee, gets 3500 r3d.  The miner might hold, or they might sell on the market.  The next person who wants to use r3d, buys it from the market and uses it for whatever they'd like to on the r3d network.  Let's say they write 10 posts - that would cost 1000 r3d as of the fee structure right now.  That 1000 would go back into the network for the miners.

  • This is a means of combating saturation and promote usage.
  • While usage grows, if the supply doesn't meet the demand - it could have a positive effect on the market in terms of value.
  • The more r3d is used, the more valuable it gets.
  • auxpow provides the means to earn r3d while mining other scrypt coins without the need for additional power as well.
  • Traditionally with PoS and inflationary systems, you will be rewarded with more coins, however, this promotes hoarding (bad for any economy) vs spending and will affect price as people spend these interest-earned coins. (this makes it so there is no pressure for miners to dump, and also not rewarding hoarders for creating a stagnant economy)
     

     Best regards,

syntaks

this sharing cleared lot of things but same time it seems i have to hold few bags with me while CFC lasts. thanks looking forward to demo

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August 22, 2015, 08:02:00 AM
 #295

Great idea guys.  I'm sure a lot of forward thinkers will see the massive potential in this project.  I'll be keeping my eyes out on this as i'm sure this project if successful will grow into a mighty giant sequoia.

Who's going to be the first one to make the R3D equivalent of Quora, Disqus, Newswire, or Ehow?

Smart developers will also be able to incorporate many different ways of generating revenue from their work.

With so many varying types of data on a trillion different subjects stored on a single blockchain, there could be mass potential for things like data mining for projects like augur.  

that's my 2 satoshis.

P.S. Not all stoners are like Cheech and Chong.  Some are more like Richard Branson.

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August 22, 2015, 08:52:27 AM
 #296

So trex returned BTC from old ICO but chipped off the fees?

that exchange is heading downhill so fast it's insane.

anyways..good too see R3D ICO is online...just bought some agian

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August 22, 2015, 09:29:01 AM
 #297

I'll try a little , .. only use 1 BTC only     Cool Cool Cool Cool Cool Cool

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August 22, 2015, 04:58:10 PM
 #298

I'll try a little , .. only use 1 BTC only     Cool Cool Cool Cool Cool Cool

i look at it like this:

if everyone who had an idea to make a product or had an idea how to use r3d put in 1btc the ico would be filled already...
if everyone who had a use for a product like this (for privacy or for cultural or for whatever reason) put in 0.01btc the ico would be filled 10000x over already...

i think that some people see it as YAC (yet another con) when its probably one of the most interesting possibilities for crypto in awhile, being developed by someone who is very well recognized and respected in the altcoin and crypto currency world in general and known to be one of the hardest working programmers out there... im glad to be able to call syntaks a friend and i can personally say that he is the hardest working person who isnt my father that i know, and it depresses me to see people spout bullshit about the price or the legitimacy of what r3d is doing because of what it can do for those exact people, its like someone who is saying they want to give everyone the key to making the internet a better place and those people saying 'your time is worthless but please give me it anyway'..

i don't exactly know what all the funds are being used for and maybe this is a good place for that to be asked? but i know that syntaks' programming skills are *WORTH* a lot more than 99.999% of the altcoins "developers" combined and he is honest to a fault, he is always around when people have questions he always helps people, he doesn't judge, he fixes OTHER coins broken shit because their developers suck or abandon it because they were in it for just a quick buck.. chance are if you are an investor in altcoins you have coins that he has helped to fix to help you keep or gain your investment...

for all of you who care about privacy.. for all of you people who care about censorship.. for all of you who are being ruled over by your governments or your corporations or anything unjustly you owe it to yourselves and to everyone else to chip in even a small amount to make this a reality and to reward the people making it fairly.... if every chinese person in crypto were to give even a few satoshi of btc into the project it would be funded and you could start having things built to make the great firewall of china literally useless.... people could make things that would prevent things like this https://github.com/shadowsocks/shadowsocks-iOS/issues/124#issuecomment-133630294 happening to you or people you know.

if everyone banded together and chipped in this could be a real thing in 2 weeks time and it would be completely awesome.. if you cant help out with the ico, help out some other way get the word out so this great project doesn't fade away!

</rant>

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goldengatesgreenest.com
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August 22, 2015, 05:23:13 PM
 #299

This project thread seems so slow for a project with so much potential.  I took a few BTC profit from some other coins and bought some.  Wish you all the best of luck and may the crypto gods be on your side. Smiley

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August 22, 2015, 05:34:50 PM
 #300

This project thread seems so slow for a project with so much potential.  I took a few BTC profit from some other coins and bought some.  Wish you all the best of luck and may the crypto gods be on your side. Smiley

as funny as this might sound... i think that it might be because the people involved in it are actually known to be insanely honest........ if you know what i mean.

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