[ANN] [SH]Shilling-The Digital Currency Tailored in Africa for Africa

[yavwa]

One big issue with remittances to poorer countries is volatility. On the way up, some people get surprised with a little extra money, but when markets are dropping, if you send a certain amount of fiat, vi crypto, to help pay some bill and the price of that crypto plummets, there will be a problem.

One possibility might be to use transactions within one coin as a sort of clearinghouse for remittances at a guaranteed rate.

For example Remittance company X, or the dev, or whoever, agree to buy back any currency bought by them, as long as the seller's coins are only two steps from the buyer.

So the Remittance company sells 20 coins to person A, Person A sends them to person B, Person B sends them back to the Remittance company and the Remittance company checks the blockchain and sees those coins were sold for price x, and so is committed to pay price x to Person B.

Some way to compensate for people selling outside the circle when prices rise would have to be figured out.

so far its the best workable theory. any ideas around it?

[1714984679]

1714984679

[1714984679]

1714984679

[PeterTheGrape]

Have you talked with any banks in Kenya to discuss 'costs' etc?

This forum is filled with people promising to do this or that to boost a coin, then the coin goes up and the dev disappears after the premine is sold.

 

[yavwa]

Have you talked with any banks in Kenya to discuss 'costs' etc?

This forum is filled with people promising to do this or that to boost a coin, then the coin goes up and the dev disappears after the premine is sold.

 

i have a bunch of those in my emails, people with all forms of promises. kenyan banks consider bitcoin and any other cryptocurrency a threat and some have even greatly distanced themselves with the idea of a local cryto bank link up

[moderneco]

Have shilling vendors similar to how there is mpesa vendors... copy the mobile money idea. East African countries are already used to mobile money.. now to start up shilling vendors. It starts with the first vendor... someone willing to buy and sell SH in and out of fiat... no different that mpesa works. I'm sure I can setup a trial vendor in Tanzania. Not sure if it would work but maybe an idea to try.

[moderneco]

btw... Yobit wallet is working again. Which is awesome.

[Bfljosh]

btw... Yobit wallet is working again. Which is awesome.

Amazing! At least the wallet is working!

[yavwa]

  the wallet is working and it needs to stay that way, so please guys lets keep the network hashing and avoid idol blocks which corrupt the network. please support the coin by keeping the network always up

[cryptocronic]

We have a shilling mining pool (2% fee) running at pool.madbyte.com
stratum+tcp://pool.madbyte.com:3675

Also, if you want some hardcoded nodes, you can use
seed.madbyte.com
node.cryptocronic.com

We are aiming to keep these up and running for a long time.

[yavwa]

  50 days to our birthday... 

[cryptocronic]

You should add http://pool.madbyte.com:8080/getting_started to your pools list on ann first page.  (and remove ypool.ga since they are long gone)

[yavwa]

To all the node users, please switch up to this node 139.59.235.54
the old node is down
add it up to your windows wallets "addnode 139.59.235.54 add"

and guys we only got one node running and its risky if it crushes or restarts. please help us set up new nodes https://github.com/yavwa/Shilling/wiki/Setting-up-a-Shilling-Node

[moderneco]

there is two nodes running at all times and will stay up as active SH nodes.
node.cryptocronic.com and seed.madbyte.com

[yavwa]

On 17th august we will be celebrating our first birthday and a whole new direction we want the coin to take. It will be safe to experiment safely on possible growth options and code upgrades.
I need the help from the Shilling community to help grow the coin towards the direction they prefer. Getting our discussions out of here is the first step, please take the coin discussion to https://digitalshilling.org/3/

[cryptocronic]

So what is the new direction for shilling?   Has it been decided?

[cryptocronic]

Happy 1st birthday shilling coin!

[cryptocronic]

>>On 17th august we will be celebrating our first birthday and a whole new direction we want the coin to take.

So it's the 17th now... what is the whole new direction?

[yavwa]

>>On 17th august we will be celebrating our first birthday and a whole new direction we want the coin to take.

So it's the 17th now... what is the whole new direction?

the thread kinda  looks dul, yes were taking a new direction patience my friend

[ov3r45]

Please come joins us in mining at www.mineme.xyz

Stratum url: stratum+tcp://pool.mineme.xyz:PORT
username: YOUR WALLET ADDRESS
password: ANYTHING

SHILLING -0.5% fee

We currently allow for mining

:

SIGNATUM -0,5% fee
BLAKESTAR -0,5% fee
DENARIUS -0,5% fee
CrocodileCash -0,5% fee
PRUX -0.5% fee
INFOCoin -0,5% fee

Payouts are made automatically every 3 hours

[yavwa]

Please come joins us in mining at www.mineme.xyz

Stratum url: stratum+tcp://pool.mineme.xyz:PORT
username: YOUR WALLET ADDRESS
password: ANYTHING

SHILLING -0.5% fee

We currently allow for mining

:

SIGNATUM -0,5% fee
BLAKESTAR -0,5% fee
DENARIUS -0,5% fee
CrocodileCash -0,5% fee
PRUX -0.5% fee
INFOCoin -0,5% fee

Payouts are made automatically every 3 hours

good work and welcome to the shilling community.
Guys please take advantage of shillings newest mining pool with low mining fee

[PeterTheGrape]

we are going long term.
check out our official Block Explorer https://www.blockexperts.com/sh

Hosting has expired. How expensive is it? You could ask for donations.

The coin still does not have a clear purpose aside from being a clone of a lot of other clones without a purpose.

The key point about national cryptos is that they should be distributed largely to those in their respective nations. Having a currency that says it is from x country but almost none of the holders are in that country is weak.

Most national cryptos have focused on short term profits for miners rather than long term use in a specific area.

Is there some way to identify citizens of Kenya for example? Is there a unique identifier equivalent to social security number in the U.S.? If so you could hardcode a certain amount into addresses for each citizen then have the accounts require some sort of proof before they are available. Airdrops don't work usually, and this would take a lot of work and planning but it's possible.

You should clarify exactly your situation though so the coin has a better chance of credibility. Are you the person who coded the wallets or did you hire somebody? Or did somebody approach you and ask you to front for the coin? What are your tech skills and your exact nationality? Or are you a dual national from Kenya now elsewhere?

Your profile was registered July 09, 2015 and the coin issued Aug 17, 2016 so you start with a bit of credibility from that. http://voxycapital.co.ke/ is registered in your name too which is also a good sign. People are necessarily going to be cautious about anybody from the developing world who is ahead a few steps of most people in smoggy countries, but if everything is legitimate you should do well.