Rebranded to Duality Blockchain Solutions

[borris123]

just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

[SilkNetwork]

just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

This would be a good place to start - https://silknetwork.org/files/brochure.pdf

Have a good read through that and then if you have questions, feel free to ask.

[borris123]

just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

This would be a good place to start - https://silknetwork.org/files/brochure.pdf

Have a good read through that and then if you have questions, feel free to ask.

trying get me head around how slk is used when the actual currency is darkslk? can you explain in basic terms please. when drkslk is purchased using weaver you buy slk at market value to keep in reserves???

[SilkNetwork]

just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

This would be a good place to start - https://silknetwork.org/files/brochure.pdf

Have a good read through that and then if you have questions, feel free to ask.

trying get me head around how slk is used when the actual currency is darkslk? can you explain in basic terms please. when drkslk is purchased using weaver you buy slk at market value to keep in reserves???

When a client buys DSLK at Weaver, Silk Network will match its value in SLK to buy back the released DSLK.

The accepted BTC that has been acquired for DSLK will then be used to buy back the SLK collateral that has been set out at purchase.

Over time both orders get filled.

[borris123]

just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

This would be a good place to start - https://silknetwork.org/files/brochure.pdf

Have a good read through that and then if you have questions, feel free to ask.

trying get me head around how slk is used when the actual currency is darkslk? can you explain in basic terms please. when drkslk is purchased using weaver you buy slk at market value to keep in reserves???

When a client buys DSLK at Weaver, Silk Network will match its value in SLK to buy back the released DSLK.

The accepted BTC that has been acquired for DSLK will then be used to buy back the SLK collateral that has been set out at purchase.

Over time both orders get filled.

so lsk will always be valuable as long as the dlsk is being used and purchased? the higher value on dslk the higher value lsk will be?

there is an ico for dlsk? so whatever that is should be the value of lsk? gone over me head and its late here.

[oneoff]

Todays question, will the volume remain on Bittrex....

Time to look forward to DarkSilk. Is it possible to deposit BTC to weaver. And when is it possible to place buy orders for DSLK?

[SilkNetwork]

so lskslk will always be valuable as long as the dlsk is being used and purchased? the higher value on dslk the higher value lsk will be?

there is an ico for dlsk? so whatever that is should be the value of lsk? gone over me head and its late here.

Both SLK and DSLK will share a comparable marketcap. While DSLK is measured in supply, SLK will be measured in price.

You are right as long as DSLK is used and purchased, SLK will be a great opportunity!

[TheLastTrapper]

I sent around 15k silk coin to Bittrex a few weeks ago now the wallet at Bittrex said under maintenance.  The coins left my Silk Coin Wallet dashboard on my desktop but never showed up at the Bittrex Silk coin wallet.  I know it was my mistake sending them to a wallet that is under maintenance but i did not know this would happen.  Now the Silk coin wallet on Bittrex is no longer under maintenance but my coins are still missing.  Please help.

Status: 28759 confirmations
Date: 2016-09-07 23:41
To: Bittrex Deposit BTiKRHEHLMbeDxhMV9sAKe8Tcb4aoXi4Dy
Debit: -15041.49 SILK
Transaction fee: -0.0002 SILK
Net amount: -15041.4902 SILK
Transaction ID: 90c40427e9774cdf88c0a7aa8f872033c205e8c35f09a5043a20d93b348d1f39

[drizzle2405]

Good volume on Bittrex and there hasn't even been a lot of press coverage yet.

[borris123]

Good volume on Bittrex and there hasn't even been a lot of press coverage yet.

that 20bit sell wall has gone as well. expect to go up soon

[Bannedseller]

I put in order to buy some on Bittrex

[huntalan81]

Hi all,

I downloaded the wallet.

I try it!

[Optimax]

Price will move higher and higher. 5000 sat here we come! 

[yell4george]

I noticed there's not as much information regarding staking with the Silk wallet as with some others. For instance, getstakinginfo doesn't return your staking weight, the network staking weight nor an expected time till next stake. Am I right in thinking Silk uses PoS v3 and so coin age isn't a factor?

Yes, no coin age as per the white paper.

A. Taking the Coin Age Out of the Equation.
 
The most secure way to perform a Proof-of-Stake (PoS)
system is by having as many nodes online as possible.
The more nodes that are staking, the less possibility for
security issues like 51% attacks, and the faster the actual
network will perform transactions through these nodes.
Thus, taking out the coin age will require all nodes to be
online  more  to  get  their  stake  reward.  Saving  up  coin
age is no longer a possibility with the new system that
calculates the chance of staking as follows:

proofhash < coins · target

Note  that  the  system  above  will  not  change  the  actual stake reward.

Thanks, I thought that was the case. Unfortunately staking doesn't seem to be working in my wallet. The system clock's correct, the coins have been there for well over an hour, I've got plenty of connections to the network, the wallet is unlocked, there's no .conf file so no config options that'd be interfering and getstakinginfo returns true for enabled and staking. But it's not producing blocks. According to the explorer most blocks are being found by a single address, which I guess makes sense if there aren't that many wallets staking. But I don't have that much less SLK in my own wallet and certainly the outputs I'm staking with are larger because they haven't been split yet. It's been a few hours now.

Is anyone experiencing anything similar? And any idea what might be causing it?  (Ubuntu 16.04 compiled from source)

I had my wallet open for 24hours before i received a stake but now they're coming in like hot cakes! Just takes a little time keep it open and you will receive. Splitting your coins using coin control helps a lot

[Orestes]

I sent around 15k silk coin to Bittrex a few weeks ago now the wallet at Bittrex said under maintenance.  The coins left my Silk Coin Wallet dashboard on my desktop but never showed up at the Bittrex Silk coin wallet.  I know it was my mistake sending them to a wallet that is under maintenance but i did not know this would happen.  Now the Silk coin wallet on Bittrex is no longer under maintenance but my coins are still missing.  Please help.

Status: 28759 confirmations
Date: 2016-09-07 23:41
To: Bittrex Deposit BTiKRHEHLMbeDxhMV9sAKe8Tcb4aoXi4Dy
Debit: -15041.49 SILK
Transaction fee: -0.0002 SILK
Net amount: -15041.4902 SILK
Transaction ID: 90c40427e9774cdf88c0a7aa8f872033c205e8c35f09a5043a20d93b348d1f39

I've sent you a pm, check your inbox  

[arguelles84]

I found my files in appdata, how do I load it into wallet? When i loat wallet it says block source cant be found, 7 days behind and some error. Is there any way of checking whats my balance in that folder? Thanks.

What is it exactly that you are trying to do? Are you trying to load your old Silkcoin(SILK/SC) wallet.dat into the new Silk(SLK) wallet? If so that doesnt work.

Register an account at Weaver on https://silknetwork.org/register/
Send you Silkcoins to you account Silkcoin address, and wait for them to be swapped for Silk.
Once you are credited with Silk send them to your local Silk wallet.

You can check your balance by entering your public key in the appropriate block explorer:
Silk(SLK) https://slkexplorer.silknetwork.org/
Silkcoin(SILK/SC) https://silkexplorer.silknetwork.org/

I got the silk folder from roaming folder of old hard drive and transferred the folder to new computer. I don't have the old wallet on my new comp, just the wallet.dat. How do I check the balance of the wallet.dat or how do I export whatever is on there without the old wallet, to the new wallet? Better yet, any way of just finding out my balance from having that wallet.dat?

[PrometheusX]

just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

This would be a good place to start - https://silknetwork.org/files/brochure.pdf

Have a good read through that and then if you have questions, feel free to ask.

trying get me head around how slk is used when the actual currency is darkslk? can you explain in basic terms please. when drkslk is purchased using weaver you buy slk at market value to keep in reserves???

When a client buys DSLK at Weaver, Silk Network will match its value in SLK to buy back the released DSLK.

The accepted BTC that has been acquired for DSLK will then be used to buy back the SLK collateral that has been set out at purchase.

Over time both orders get filled.

And over the time the team get rich with the 5% lesser BTC price at Weaver compared to c-cex

[OrsonJ]

I noticed there's not as much information regarding staking with the Silk wallet as with some others. For instance, getstakinginfo doesn't return your staking weight, the network staking weight nor an expected time till next stake. Am I right in thinking Silk uses PoS v3 and so coin age isn't a factor?

Yes, no coin age as per the white paper.

A. Taking the Coin Age Out of the Equation.
 
The most secure way to perform a Proof-of-Stake (PoS)
system is by having as many nodes online as possible.
The more nodes that are staking, the less possibility for
security issues like 51% attacks, and the faster the actual
network will perform transactions through these nodes.
Thus, taking out the coin age will require all nodes to be
online  more  to  get  their  stake  reward.  Saving  up  coin
age is no longer a possibility with the new system that
calculates the chance of staking as follows:

proofhash < coins · target

Note  that  the  system  above  will  not  change  the  actual stake reward.

Thanks, I thought that was the case. Unfortunately staking doesn't seem to be working in my wallet. The system clock's correct, the coins have been there for well over an hour, I've got plenty of connections to the network, the wallet is unlocked, there's no .conf file so no config options that'd be interfering and getstakinginfo returns true for enabled and staking. But it's not producing blocks. According to the explorer most blocks are being found by a single address, which I guess makes sense if there aren't that many wallets staking. But I don't have that much less SLK in my own wallet and certainly the outputs I'm staking with are larger because they haven't been split yet. It's been a few hours now.

Is anyone experiencing anything similar? And any idea what might be causing it?  (Ubuntu 16.04 compiled from source)

Patience. There are a huuuuge amount of inputs staking on the network.

For extra confidence, add stakegen=1 to your wallet.conf but it will work regardless

Right enough, just took a little while to get going. Thanks 

[SilkNetwork]

When a client buys DSLK at Weaver, Silk Network will match its value in SLK to buy back the released DSLK.

The accepted BTC that has been acquired for DSLK will then be used to buy back the SLK collateral that has been set out at purchase.

Over time both orders get filled.

And over the time the team get rich with the 5% lesser BTC price at Weaver compared to c-cex

It is no secret that there will be a x% gain from this mechanism. The mechanism needs to operate at a profit to ensure longevity, but yes profit is also made to ensure income to the organisation, you can read about it in our brochure. You are wrong however to think that we will bypass exchanges like c-cex, market prices will be cheaper. It is not by discounting that we gain, but by taking price impact into account for the big boys.

[borris123]

when does drk silk start getting traded? ICO starts soon?