A few questions:
1. Will any of the developers go public?
2. Why would Linx be utilized over any other currency (in paying for music festivals/tickets/etc.)?
A comment:
You can create an auto invite for slack using heroku and would probably help promote the growth of that channel
See below comments from the dev in slack,
***Quote***
dantian [12:46 AM] ***5th September 2017***
Hey guys, just a little primer about Linx and how we operate for the newcomers to the Slack.
Linx isn't a token, it is a limited supply mineable currency that is released steadily over time as the blocks are mined. We chose this route for two main reasons :-
1) We didn't want our currency reliant on another platform and any potential issues that could arise from being tied to a third party platform.
2) We believe coins should ideally have some real value from the moment they are minted. This initial value is derived from the computing power and money spent on generating the coins in the first place (which is why we chose the Scrypt algorithim for the PoW), along with a limited supply of coins. To simply issue 1 billion tokens and expect people to see value in them on based on a whitepaper of ideas is not something that sat well with us. This is no different to a bank printing money backed by nothing - the very thing that Satoshi tried to free us from when he gave the world Bitcoin.
We are confident that Linx will find it's future value from it's real-world uptake and usage and not from a bag of magic beans.
Linx isn't an ICO, there was no crowd funding and we have never tried to entice anybody into investing, other than by keeping the community aware of our current developments and giving you a rough guide of where we plan to take this project.
We don't disclose the details of our roadmap or forthcoming projects for several reasons :-
- We want you to find the value in Linx for yourselves based on how it is used and what we deliver, not what we promise to deliver.
- Roadmaps and whitepapers = volatility. We aren't working every hour possible on this project for it to end up as a pump and dump scheme. In terms of investment, we hope that Linx will gain value and trust from investors based on what we actually acheive. We expect the value of Linx to naturally increase as more partnerships, integrations and users are introduced to the currency.
But most importantly...
- We understand that as investors you want an idea of where this is going so you can base any potential investments on the data, but some of our ideas and the implementations planned have never been acheived before in this field and it would be business suicide to advertise them before we roll them out.
As you can see, our approach is very different from most other cryptocurrencies.
If you see the potential in what we are doing here, then it's a pleasure to have you onboard. We value your support for what we're sure is going to be a very exciting ride
*****************************************************************
linx [7:48 PM] ***11th September 2017***
Hey guys, we understand that you want to know what's going on but please bear in mind what we have said from the start. The current crypto community isn't our target market. It’s really great that people in the crypto world are supporting the project in its early stages, but it was never our aim to be just another coin that only finds it’s value as a trading token on the exchanges.
Our plan has always been to deliver something fresh and exciting with real use to an entirely new audience.
That said, there are several areas that we are working on right now, some of which you already know about. These include : the next release of the source code along with a redesigned QT wallet, a new mining pool and a new block explorer that will allow you to search by addresses and TX IDs so you can verify paper wallet deposits.
Most importantly we are building the Linx platform, which will be the heart of the project as far as users of the currency (new and existing) are concerned. We are also working with our first retail partner with regards to Linx payment integration.
There is no fixed timescale in place for any of the above, but we are working to get everything out there as soon as possible. Please remember that Linx was launched just 3 months ago and we are working non stop to achieve more in the first 6 months than other cryptocurrencies have done in years.
Linx is currently available on a limited amount of exchanges to allow for circulation from the miners to early adopters. Some of you have expressed concern about the price fluctuations, but at this early stage in the project any price swings at such low levels are not really a concern to us.
It is completely understandable if you don't feel comfortable holding Linx until you see current developments put in to action. As said previously, this is why we did not go down the ICO route.
Hope this has answered some of your questions & we wish you all a great week.
***Un-quote***
