[ANN][BOS] 🔹🔹 BOScoin 🔹🔹 Self-Evolving Cryptocurrency Platform🔹🔹

[gjtnwls1]

i personally don't think that will cause devaluation. most of the coins will be frozen, or will be under the commons budget umbrella so they will only be released to approved proposals.

[dahemmer]

How is it possible that inflation in BOScoin is so high? They are going to generate 423 million new BOS coins the first year of 500 million that is currently from the Genesis block. That is an inflation of 84% during the first year.

According to the whitepaper every 5 seconds a block is generated and with each block 18 BOScoin is generated for the miners and 50 for the common budgets. Over a year, 423 million new BOS currencies will have been generated. How is it possible that the currency can be so depreciated?

My objective was to keep the coins frozen for profit, but according to the calculations made with the information of the 500 million BOSC whitepaper and assuming that 70% of those coins are frozen in units of 10,000 and the annual distribution is 47 million BOScoin in total among all units, I would only get a 13.5% profit from all my coins a year. Inflation remains much higher than the benefits.

I hope you can answer me. Thank you.

The biggest part of the newly generated BOScoin in the first 5 years are going directly towards the commons budget. The commons budget is an account where BOScoins are held and can only be transferred by proposals that are passed through the congress. The main role of commons budget is to expedite the growth of user base during the early stages. This will ensure funds are available to growth hack the adoption of BOScoin.

After the first 5 years, the commons budget will have achieved its maximum cap of 1.8 billion BOScoin, making up 36% of the total supply that will be available by 2145. From then on, new BOScoins will be generated on a much slower pace through freezing and confirmation rewards.

It's important to know that the BOScoins held in the commons budget are not all going to be in circulation and they will only be available for use when an approval has passed through the congress. Combined with the nature of rewards, it might create an incentive for people to hold and freeze their BOScoin, which could also lower the available supply on exchanges.

You can calculate your possible rewards with this calculator. The calculator gives you a high level overview of the rewards in the first year, based on some assumptions. You can change the values and see how it affects your rewards.

[dahemmer]

Hello,

I would like to know if the applications mentioned in the whitepaper called Stardac and Delicracy will be launched together with the mainnet and will start to work. Thank you.

Stardaq and Delicracy are indeed planned to be launched along with the MainNet.

[torrentco]

omg even that photo alone is enough to invest in this coin.
shame i only invested a little at ico.
if it goes t ico price when it launches i really am going to buy a lot.
but i doubt it will ever be at the ico price like ever again.

[kamalsharma100]

Any update on when real software wallets are coming?

[dahemmer]

Any update on when real software wallets are coming?

No new updates yet. More information will be announced after October 9.

[jtalk]

People started to realize the potential already after seeing the activities began to take place. What is good many people still will have chance to load their wallets at reasonable price. I would be waiting for next update as well. Every passing day is taking us one step closer to the launch of the platform.

[kamalsharma100]

This blockchain operating system is going to be very interesting.  It can give strong competition to the likes of Ethereum, etc.  It remains to be seen however how developers take care of the project going forward.

[scottmatheina]

This blockchain operating system is going to be very interesting.  It can give strong competition to the likes of Ethereum, etc.  It remains to be seen however how developers take care of the project going forward.

I'm sure BOScoin will be a major player, and the vision for where the core developers see the platform going in the future is just awesome.
But, first we need to get the platform up and running. I was in meetings with the core team last week in Korea, and I was very impressed with the vision they have for the platform, but it will take time to implement.

[ekin4]

Global Network Meet-Up September, 2017. BOScoin team and voluntary community managers.

https://i.imgur.com/SepMwxX.jpg

Only 1 girl? That doesn't look quite right.
Who's the guy that have red hoodie? Why is he different than others?

[royalfestus]

If I am right, the project promised a great news by October, and this is the month. 

[dahemmer]

Global Network Meet-Up September, 2017. BOScoin team and voluntary community managers.

https://i.imgur.com/SepMwxX.jpg

Only 1 girl? That doesn't look quite right.
Who's the guy that have red hoodie? Why is he different than others?

Women are unfortunately, but for a fact, less represented in an IT environment. This doesn't change anything about the capabilities of the team though.
I believe that the man in the red hoodie is one of the developers. I guess he just forgot to wear his BOScoin shirt.

[pjalakas]

If I am right, the project promised a great news by October, and this is the month. 

can't wait allready, counting days 

[dahemmer]

If I am right, the project promised a great news by October, and this is the month. 

You are right. The team is currently enjoying Chuseok, one of the biggest Korean holidays. They will be back on October 9, so keep an eye out for more updates during that week and the next ones.

[sunce33]

Yes October is date for BosCoin, This was my best investment.. After test net finish we can trade in Hitbtc or some other exchange,too

[ekin4]

Yes October is date for BosCoin, This was my best investment.. After test net finish we can trade in Hitbtc or some other exchange,too

Are you sure about that? We don't know if it's best or not because price is unknown now.
Let's wait until it hit the exchange.

[jfgreen]

can't wait for the release of tokens!

[FlorentineNobleman]

HITBTC is going to enable real token trading this month?

[wumBowo]

Anybody here wanted to test the transactions? Just post your address and i'll give you some

[scottmatheina]

Global Network Meet-Up September, 2017. BOScoin team and voluntary community managers.

https://i.imgur.com/SepMwxX.jpg

Only 1 girl? That doesn't look quite right.
Who's the guy that have red hoodie? Why is he different than others?

Women are unfortunately, but for a fact, less represented in an IT environment. This doesn't change anything about the capabilities of the team though.
I believe that the man in the red hoodie is one of the developers. I guess he just forgot to wear his BOScoin shirt.

The guy in the red hoodie is a senior developer. The core team has a very casual culture, and they work out of a shared office space with other startups.