develop7
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Activity: 20
Merit: 0
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January 19, 2016, 04:40:10 AM |
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Can you give a giveaway coin dev? Just hit the faucets for an hour. You'll probably be able to make .5 mBTC.
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wildduck
Legendary
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Activity: 966
Merit: 1001
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January 19, 2016, 07:28:04 AM |
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At the moment only 14 buyers hm.. i`m gonna wait a little more.
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shapetwist (OP)
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January 19, 2016, 08:30:56 AM |
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Since there are a few misconceptions about wallet syncing, I'm forced to state this: this is a proof-of-stake-only coin. The wallet won't sync until there is staking pressure. Since distribution doesn't start until the sale ends, the wallet won't sync for the mean time. Having a wallet now enables you to generate a WARP address where you can receive your coins. As soon as the sale ends, the chain will start moving, the wallets will sync, distribution will begin and staking will start.
Ohh realy? So how come will transactions ever get confirmed and coins mature enough to start staking unless chain is already moving? I send you 0.1 BTC for WARP, you send me WARP and then what? Who will confirm that transaction in the first place? Hi, yes correct. When it's time to distribute I'll make the chain move. By the time POS starts, everyone will have their WARP mature enough to stake. I havent checked the code yet but my thoughts would be that although it is listed as a 'pos' only coin, that there may be a small 'pow' phase built in to the code,having the block reward at 0. (the hash for which I would assume the dev would have to supply him/themselves) This would give the network a 'jumpstart' for the 'pos' coins/blocks to start moving. My reason for this theory, coin was listed with an algo..... why else would that be needed? edit: as suspected, there seems to be a 0 reward POW still in the code (Ive only briefly looked, and truly am not familiar with c++, if this is incorrect please correct me) can someone please confirm or destroy my theory lol Good theory! Yes, I made it in a way so that everyone would have their coins mature by the time POS blocks start to move.
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shapetwist (OP)
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January 19, 2016, 08:34:00 AM |
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Are the deposit addresses generated on your website multi use? I sent two seperate transactions and the balance and coins due only represent my first deposit. 1st deposit (shown on site): e882eafdc159a8f4b7fa9e16c83b039eb0c260fce5b7d27c205d9101514d2c34 blockhain.info link2nd deposit (not shown on site) : 2754db3f414ec9a6c494c72847a7813a94934495359a3dd5f9e7268e0d2facc4 blockchain.info linkHi, I also replied via PM. No bitcoins are lost, but your second transaction is not going to count for the WARP sale. To avoid this, please use the generated BTC address only once. BTC deposit addresses are single use. I've added a note on the website.
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shapetwist (OP)
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January 19, 2016, 08:35:52 AM |
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Can you give a giveaway coin dev?
tough to do when the entire 1st block reward (a.k.a premine/crowdsale) is promised to the crowdsale investors. dev would have to buy the coin out of pocket or crowdsale funds to be able to do a giveaway. Hi, a giveaway is not possible! 100% of the supply is for sale. I can't buy WARP in this sale (would be "buying it" for free), so I have to wait until it hits an exchange. After buying from the market, I will do some giveaways!
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raetsch
Legendary
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Activity: 957
Merit: 1006
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January 19, 2016, 08:47:36 AM |
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ok, so if i already bought some and want to have more, i have to start the whole process again? just for clarification: fill in (same) warp-adress, fill in btc-address and then generate a new address?
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shapetwist (OP)
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January 19, 2016, 08:49:33 AM |
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ok, so if i already bought some and want to have more, i have to start the whole process again? just for clarification: fill in (same) warp-adress, fill in btc-address and then generate a new address?
Yes, generate a new BTC address is essential. You can use the same WARP address to receive coins.
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SISAR
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January 19, 2016, 10:20:33 AM Last edit: January 19, 2016, 10:37:37 AM by SISAR |
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Supply: 1,094,500 WARP Total coin supply 1,618,000 WARP
Any good reason for such weird values? I mean, it would be much easier to calculate marketcap and % of ownership if you went with 1 million for supply and 1.5 or 2 millions for total supply.
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shapetwist (OP)
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January 19, 2016, 10:40:36 AM |
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Supply: 1,094,500 WARP Total coin supply 1,618,000 WARP
Any good reason for such weird values? I mean, it would be much easier to calculate marketcap and % of ownership if you went with 1 million for supply and 1.5 or 2 millions for total supply. And what will happen if you get only a few BTC out of crowdsale which I guess is not enough to start working on anything, will investors get their BTC back or they'll get WARP and baghold with no exchange, no roadmap and no development?
Max coins is a rounded up golden ratio 1.618. The supply derived from that to offer an amount close to 1 million coins. If the amount raised is clearly not enough to work with and to kickstart an economical environment I will have no choice but to consider the project a failure and return everyone's BTC.
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SISAR
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January 19, 2016, 10:44:07 AM |
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If the amount raised is clearly not enough to work with and to kickstart an economical environment I will have no choice but to consider the project a failure and return everyone's BTC.
I've figured that out, finaly noticed "Your BTC address (In case of refund)" at http://www.warpcoin.com/presale.html
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zdeni82
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January 19, 2016, 11:33:14 AM |
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Can you give a giveaway coin dev? Just hit the faucets for an hour. You'll probably be able to make .5 mBTC. where is the faucet?
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l8nit3
Legendary
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Activity: 1007
Merit: 1000
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January 19, 2016, 04:41:34 PM |
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Are the deposit addresses generated on your website multi use? I sent two seperate transactions and the balance and coins due only represent my first deposit. 1st deposit (shown on site): e882eafdc159a8f4b7fa9e16c83b039eb0c260fce5b7d27c205d9101514d2c34 blockhain.info link2nd deposit (not shown on site) : 2754db3f414ec9a6c494c72847a7813a94934495359a3dd5f9e7268e0d2facc4 blockchain.info linkHi, I also replied via PM. No bitcoins are lost, but your second transaction is not going to count for the WARP sale. To avoid this, please use the generated BTC address only once. BTC deposit addresses are single use. I've added a note on the website. Super fast PM response from dev, THANK YOU this is a good sign in my books! where is the faucet?
There isnt a faucet for WARP yet as no coins are in the wild. I believe what was meant about faucets was, If you hit BTC faucets for an hour or two, you would have enough BTC to join the crowdsale.
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l8nit3
Legendary
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Activity: 1007
Merit: 1000
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January 19, 2016, 05:08:35 PM |
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Seems simple to follow, and sounds like great ideas I'd love a quick and easy vpn setup! Is it simply for the wallet, or will I be able to point other programs to the vpn aswell and tunnel?
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shapetwist (OP)
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January 19, 2016, 05:10:30 PM |
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Seems simple to follow, and sounds like great ideas I'd love a quick and easy vpn setup! Is it simply for the wallet, or will I be able to point other programs to the vpn aswell and tunnel? Quick and easy, that's my point! You'll be able to use it as your main connection to the interwebz! * there are some typos in the doc, sorry for that, I'll fix them in the mean time.
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develop7
Newbie
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Activity: 20
Merit: 0
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January 19, 2016, 05:32:31 PM |
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How long is the crowdsale, and what is the goal for funding? Like 1 week and 2 BTC?
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shapetwist (OP)
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January 19, 2016, 05:50:39 PM |
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How long is the crowdsale, and what is the goal for funding? Like 1 week and 2 BTC?
The sale ends Thursday Jan 28 at 12:00 CET. There isn't a specific goal for the funding to be a success so to speak. The features to be implemented in the wallet are not crazy expensive, but of course they cost time of specialized developers. With 2 BTC this project fails, and everyone gets a refund. With 10 BTC some features can be implemented, but not the whole package. I think WARP price can go up to 3k satoshis at least by the end of the sale. That is a realistic approach. Above that, 4k or 5k are possible, would give a better chance of having all my dream developments implemented! But that's just speculation. Anyway, those prices are still quite cheap for such a low supply and the presented features. * And by the way, this project was self funded so far. I don't intend to earn anything directly from the crowdfunding. Funding will allow to develop apps and services that generate value.
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develop7
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Activity: 20
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January 19, 2016, 06:22:01 PM |
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Cool, thanks, I guess I'll have to pull together some more BTC for this .
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Blake Birk
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January 19, 2016, 07:56:12 PM |
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How long is the crowdsale, and what is the goal for funding? Like 1 week and 2 BTC?
The sale ends Thursday Jan 28 at 12:00 CET. There isn't a specific goal for the funding to be a success so to speak. The features to be implemented in the wallet are not crazy expensive, but of course they cost time of specialized developers. With 2 BTC this project fails, and everyone gets a refund. With 10 BTC some features can be implemented, but not the whole package. I think WARP price can go up to 3k satoshis at least by the end of the sale. That is a realistic approach. Above that, 4k or 5k are possible, would give a better chance of having all my dream developments implemented! But that's just speculation. Anyway, those prices are still quite cheap for such a low supply and the presented features. * And by the way, this project was self funded so far. I don't intend to earn anything directly from the crowdfunding. Funding will allow to develop apps and services that generate value. Maybe you should just set the purchase price at 5000 sats or more, and extend the ipo to a month. People might be willing to spend more bitcoin to get a guaranteed amount of warp, instead of it being a wild chance that you could end up with 10,000 + or under 1 warp
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