[ANN][HLM] HELIUM

[Dotcommie]

The Spreadcoin wallet is pretty unstable. That's why I'm not keeping my SPR on there until they say we need to. It is safer on an excahange. My wallet went on a fork the first time I DL it. The dev said delete every file and reinstall was the only option. Since I hadn't backed it up yet, I would have lost all my SPR if I had already sent it.


So try to avoid using the SPR wallet.

I've never had a problem with it and have used it since launch with as much as 20 gpus mining to it and as little as 0. Anything can fork, but odds are you were mining to it when it wasn't in sync with the rest of the network or something was blockin/slowing the connection.

Anyways, wallet is fine, but I would recommend downloading the chain snapshot from the spread thread as it's an older coin with lots of history. Might have to go back a few pages in thread to find it though.

[poiseulle]

The Spreadcoin wallet is pretty unstable. That's why I'm not keeping my SPR on there until they say we need to. It is safer on an excahange. My wallet went on a fork the first time I DL it. The dev said delete every file and reinstall was the only option. Since I hadn't backed it up yet, I would have lost all my SPR if I had already sent it.


So try to avoid using the SPR wallet.

if bittrex agrees to help with the adding of helium based on snapshot from SPR, it would be the best solution. moving your coins around is always risky

[Ryancope123]

Alright guys little confused here, what's better to do sell the SPR soon as snapshot occurs and hope I don't loose too much on the drop of value of SPR or buy helium as soon as it's launched for lower price, what's less risky,do we know the price helium will start at?

[sirazimuth]

The Spreadcoin wallet is pretty unstable. That's why I'm not keeping my SPR on there until they say we need to. It is safer on an excahange. My wallet went on a fork the first time I DL it. The dev said delete every file and reinstall was the only option. Since I hadn't backed it up yet, I would have lost all my SPR if I had already sent it.


So try to avoid using the SPR wallet.

I've held Spreadcoin for around 3 years+, and mined it for about a year+,
and suffice to say, I've never had an issue with the wallet. (That includes the version I had before the current one.)
Though I did at one point, erroneously think the vanity address generator was broken.
But once I figured out what I was doing wrong, it now works great. Its an awesome function, I might add.
It's actually been one of the most stable, reliable crypto wallets I run on my pc.

[MRD911]

SPR is at 1644100!

Details for Block #1644100
Hash    81989369afbc60f4c224513aaa58014f5abec6214744e555165e3adb51cd5a84
Date/Time   2017-09-30 18:31:10
Transactions   1 0.3 kB
Value Out   3.92650167 SPR
Difficulty   475.20067979
Outstanding   8,840,137.71191667 SPR
Created   3.92650167 SPR

[thesavoyard]

Here's the link to the error message on his response.

http://spreadcointalk.org/index.php?topic=797.0

[PowerHemp]

what is the block reward for this coin? 7% more coins per year but what is that per block?

[rhinomonkey]

what is the block reward for this coin? 7% more coins per year but what is that per block?

Initially it will likely be around 3.6 coins per block based on my calculations - just a rough estimate though. (Less masternode and dev fund amounts; 45% & 10% respectively)

[antonio8]

If there was a prize for Bitcointalk thread with most
repeated questions, I do believe this one would win...

Usually that indicates the information is not adequately stated, you sly lil devil 

Or there are too many pages for everyone to read....

M

Or that #2 post post marked "RESERVED FOR REGULAR UPDATES." has never been updated.

It's really not that hard for them to actually use it and there would not be so much confusion.

I know there is a Slack channel but again what's the use of scrolling through so much stuff just to find what you are looking for.

Says a lot without saying anything at all.

[Ryancope123]

Hi guys,

Is anybody able to tell me how launched coins work with their pricing?

will Helium be very low to start with, do the developers decide a starting cost per coin or is that down to the the market?

[tradingdisaster]

Is anybody able to tell me how launched coins work with their pricing?

Since it is a 1:1 airdrop for SPR holders, I believe it will start in the same ball-park. After that, expect some wild swings. SPR is going to tank.

[mdude77]

Is anybody able to tell me how launched coins work with their pricing?

SPR is going to tank.

Agreed.  SPR is useful only because of the switch to helium.

M

[sirazimuth]

Is anybody able to tell me how launched coins work with their pricing?

SPR is going to tank.

Agreed.  SPR is useful only because of the switch to helium.

M

spread is the same as the gazillion other shitcoins out there with the advantage of seniority.
yes, it will tank after the helium launch but considering it was a stable 8 to 10 k sat coin for
2 years or so it will survive the helium launch imo .my prediction is it will bottom out around 20k sat
which means it will still have doubled its value in bitcoin (even more in fiat) in a year.
nothing to sneeze at. and early hodelers/miners of this coin like myself have made out quite nicely, thank you!
oh shit...i think i posted this in the wrong thread, oh well.....

[krisnajsadrak]

The Spreadcoin wallet is pretty unstable. That's why I'm not keeping my SPR on there until they say we need to. It is safer on an excahange. My wallet went on a fork the first time I DL it. The dev said delete every file and reinstall was the only option. Since I hadn't backed it up yet, I would have lost all my SPR if I had already sent it.


So try to avoid using the SPR wallet.

if bittrex agrees to help with the adding of helium based on snapshot from SPR, it would be the best solution. moving your coins around is always risky

yeah,, and i hope bittrex will cooperate for this,,
because ,, it will be easy and we no need to send our SPR to SPR wallet, i think its very complicated

[szfinx]

The Spreadcoin wallet is pretty unstable. That's why I'm not keeping my SPR on there until they say we need to. It is safer on an excahange. My wallet went on a fork the first time I DL it. The dev said delete every file and reinstall was the only option. Since I hadn't backed it up yet, I would have lost all my SPR if I had already sent it.


So try to avoid using the SPR wallet.

if bittrex agrees to help with the adding of helium based on snapshot from SPR, it would be the best solution. moving your coins around is always risky

yeah,, and i hope bittrex will cooperate for this,,
because ,, it will be easy and we no need to send our SPR to SPR wallet, i think its very complicated

I can't see, how sending SPR to the SPR wallet is complicated. You just need to check your receiving address and copy it to the Bittrex withdrawal box. Same as any other coin. Everyone in the crypto world surely need to know how to transfer coins between exchanges and wallets. Everyone has done it at least once when transferred BTC to the exchange to buy any coins.

If the community didn't insist on exchange involvement, the whole project could have started by now. The whole process would have been cheaper and quicker.

[Ryancope123]

Is anybody able to tell me how launched coins work with their pricing?

Since it is a 1:1 airdrop for SPR holders, I believe it will start in the same ball-park. After that, expect some wild swings. SPR is going to tank.

When you say the same "ball-park" how will it physically get to the same ball-park?

Right from day 1 the second it launches let's say @ $1.75 or from the moment that the market starts buying it in mass and push the price up?

[szfinx]

Is anybody able to tell me how launched coins work with their pricing?

Since it is a 1:1 airdrop for SPR holders, I believe it will start in the same ball-park. After that, expect some wild swings. SPR is going to tank.

When you say the same "ball-park" how will it physically get to the same ball-park?

Right from day 1 the second it launches let's say @ $1.75 or from the moment that the market starts buying it in mass and push the price up?

He meant, he believe the price probably will start out as the same as the SPR price now (I think so too)... Then the market will decide. Nobody knows. Some people will drop the 'free' HLM to the market pushing the price down. In the same time, some people who want to buy HLM but wasn't confident with the swap will come on-board and buy after the launch, pushing the price up.... Which group is bigger, nobody knows.

[PowerHemp]

Helium News #11
Hi

There was a pretty big announcement (text wise), here's the dry summary with 82% reduction (from 1699 words to 308)

Snapshot date

- There is a snapshot date, but it's waiting for one more confirmation before it's announced. Just to be sure.
- From Karmashark: "We are hoping to snapshot within the next two weeks"
- Snapshot script is built. Costs are paid. Security, process flow and documentation has been a focus.
- Still no word about which exchange is doing the snapshot, so keep it in your wallet

PR activities

- Coins101 is preparing to present at the Digital Construction Week.
- Working on press releases with a number of crypto media outlets for another wave of news. Cost of this is paid from Coins101 and Karmashark's own pockets. New releases should have more substance and less blandness.
- Printing 100 physical Helium coins from a prominent coin creator. Since the media loves posting pictures about physcal coins. (December)
- Karmashark and BlockchainTV were at World Blockchain Forum and accomplished a few things:
   - Met hedge funds and VC talent looking to get into the blockchain industry.
   - Begin to insert Helium into key players minds.
   - Got new speaking opportunities.
- Karmashark (Canada) and Coins101 (UK) also met during the WBF trip and discussed stuff

Marketing materials being created

- New Heliumpay.com
- New Bitcointalk ANN thread graphics.
- New polished design for whitepaper
- First professional Helium video for cryptocurrency beginners (released next week)
- More videos are planned as complexity of topics increase.

Slack mood

- Many people are pissed off that the announcements have become seldom. Many have sold large holdings. Then there are those who are in it for the long term and not much worried at all.
- @teela is keeping people chill
- @gjhiggins, the snapshot script god, has been keeping us entertained with philosophy and complex code examples.
- Karmashark gave us a view of how it feels in the back room: https://hackmd.io/s/Sy4s1_1hW

thanks for the info!
it would be nice if your team can make a video tutorial how to setup a helium masternode so noobs like me can setup it without problems

a video like this would be very nice: https://www.youtube.com/watch?v=Lybtz7iucVs

[lijoe408]

Alright guys little confused here, what's better to do sell the SPR soon as snapshot occurs and hope I don't loose too much on the drop of value of SPR or buy helium as soon as it's launched for lower price, what's less risky,do we know the price helium will start at?

Nobody can answer that question as it's impossible to predict.  Just going off History, ZenCash had a higher list price than Zclassic if IRC

[rhinomonkey]

CROSS POST FROM SLACK - SNAPSHOT DATE & TIME & EXCHANGE INFORMATION:


KARMASHARK:

Good evening everyone (in Canada it is dinner time ). You all have been extremely patient while we have put together the final pieces of the snapshot and launch. We will have an exchange partner with us and that exchange is Cryptopia. Between the professionalism shown in negotiations with us and their growing positive reputation as an exchange, we felt this was an ideal pivot to make for the network. The reason why we are not using Bittrex is due to the changing regulatory landscape and the internal decisions that stemmed from that (more background checks on coins to be listed, legal requirements and potential lawyers, increased site security and KYC and AML applications). All of these changes put listing a new coin / administering an air drop to a much lower priority from Bittrex's perspective.

We are still on very good terms with Bittrex due to the hard work we put in leading up to this as we went through a thorough vetting process with them between @coins101 and myself.  This work we put will hopefully get us in a position to be listed with Bittrex once Helium launches without hitch. We continue to progress conversations with Bittrex to advance this long term goal for Helium.

About the snapshot:

The snapshot will take place on October 10th, at 10AM NZ local time (Cryptopia is a NZ exchange). The block height is 1657200 and should fall within the listed time-frame. You will want to have your Spreadcoins (SPR) in your local Spreadcoin wallet or deposited at Cryptopia in the Spreadcoin wallet in your account. Cryptopia will be assisting with the air drop of Helium coins so if you are holding your SPR at Cryptopia you will be credited an equal amount of Helium coins once the air drop commences.  

In summary, you will have to two options to prepare for the Oct 10th, 10AM NZ local time snapshot of the Spreadcoin blockchain (please note the TZ and adjust for your local TZ):

Holding your SPR at Cryptopia
Holding your SPR in your local SPR wallet

Details on the launch and specifics regarding Cryptopia and holding your SPR in your local wallet will be included in the next update. We are very close now to launching the Helium network so get ready to start your engines, the show is just about to begin.