[ANN]❁ KORE Tor Masternodes, Browser, VoIP, Aether OS, KOREPhone, KOREbay Funded

[BitWhat]

@KORE team. I know you guys don't like revealing everything in the works just yet but can you please elaborate a bit on the "rebranding" that was mentioned. Is it logo only? or will it include new name, website, graphics, twitter etc.

All or most of your questions will be answered in the next 6 to 48 hours.
 

MikeMike

Awesome!! clock is ticking

Noticed there was some talk about the masternode coin count and pos%...Can we please keep the 10% pos rate? it will surly attract more holders and reward those not having enough for a masternode. with the coin supply already this low 10% is not really that high imo.

[1715427361]

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[1715427361]

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[1715427361]

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[MikeMike]

@KORE team. I know you guys don't like revealing everything in the works just yet but can you please elaborate a bit on the "rebranding" that was mentioned. Is it logo only? or will it include new name, website, graphics, twitter etc.

All or most of your questions will be answered in the next 6 to 48 hours.
 

MikeMike

Awesome!! clock is ticking

Noticed there was some talk about the masternode coin count and pos%...Can we please keep the 10% pos rate? it will surly attract more holders and reward those not having enough for a masternode. with the coin supply already this low 10% is not really that high imo.

Hi,

We are still crunching the numbers but we do have a minimum of 8% in mind and do want to keep it near 10%.
KORE is not a gimmick coin. We want to make the proper decision here for long term sustainability.
We should have something posted in the next day or so.
It is not as easy as saying: PoS will be 9% and Masternodes will be 9%.
The Masernodes payouts will be taken from the PoS amount and if there are not enough coins in PoS
the MNs will not be sustainable and visa-versa. It is a careful balance between enough incentive on both ends
while taking into consideration inflation, distribution based upon an impossible to know amount of PoS coins that will stake.


MikeMike

[BitWhat]

@KORE team. I know you guys don't like revealing everything in the works just yet but can you please elaborate a bit on the "rebranding" that was mentioned. Is it logo only? or will it include new name, website, graphics, twitter etc.

All or most of your questions will be answered in the next 6 to 48 hours.
 

MikeMike

Awesome!! clock is ticking

Noticed there was some talk about the masternode coin count and pos%...Can we please keep the 10% pos rate? it will surly attract more holders and reward those not having enough for a masternode. with the coin supply already this low 10% is not really that high imo.

Hi,

We are still crunching the numbers but we do have a minimum of 8% in mind and do want to keep it near 10%.
KORE is not a gimmick coin. We want to make the proper decision here for long term sustainability.
We should have something posted in the next day or so.
It is not as easy as saying: PoS will be 9% and Masternodes will be 9%.
The Masernodes payouts will be taken from the PoS amount and if there are not enough coins in PoS
the MNs will not be sustainable and visa-versa. It is a careful balance between enough incentive on both ends
while taking into consideration inflation, distribution based upon an impossible to know amount of PoS coins that will stake.


MikeMike

Thanks for the reply, good to see you guys are thoroughly thinking it through. Looking forward to the updates.

[MikeMike]

@KORE team. I know you guys don't like revealing everything in the works just yet but can you please elaborate a bit on the "rebranding" that was mentioned. Is it logo only? or will it include new name, website, graphics, twitter etc.

All or most of your questions will be answered in the next 6 to 48 hours.
 

MikeMike

Awesome!! clock is ticking

Noticed there was some talk about the masternode coin count and pos%...Can we please keep the 10% pos rate? it will surly attract more holders and reward those not having enough for a masternode. with the coin supply already this low 10% is not really that high imo.

Hi,

We are still crunching the numbers but we do have a minimum of 8% in mind and do want to keep it near 10%.
KORE is not a gimmick coin. We want to make the proper decision here for long term sustainability.
We should have something posted in the next day or so.
It is not as easy as saying: PoS will be 9% and Masternodes will be 9%.
The Masernodes payouts will be taken from the PoS amount and if there are not enough coins in PoS
the MNs will not be sustainable and visa-versa. It is a careful balance between enough incentive on both ends
while taking into consideration inflation, distribution based upon an impossible to know amount of PoS coins that will stake.


MikeMike

Thanks for the reply, good to see you guys are thoroughly thinking it through. Looking forward to the updates.

lol, We'd be finished with the calculations in 5 minutes if we only knew how many KORE coins will be PoS staking.
 

MikeMike

[MikeMike]

Wow, I absolutely love the look of the new wallet!

The GUI is still not dressed out but it does look better in Ubuntu than MINT.
I am happy they both compile with the same command.


MikeMike

[BitWhat]

@KORE team. I know you guys don't like revealing everything in the works just yet but can you please elaborate a bit on the "rebranding" that was mentioned. Is it logo only? or will it include new name, website, graphics, twitter etc.

All or most of your questions will be answered in the next 6 to 48 hours.
 

MikeMike

Awesome!! clock is ticking

Noticed there was some talk about the masternode coin count and pos%...Can we please keep the 10% pos rate? it will surly attract more holders and reward those not having enough for a masternode. with the coin supply already this low 10% is not really that high imo.

Hi,

We are still crunching the numbers but we do have a minimum of 8% in mind and do want to keep it near 10%.
KORE is not a gimmick coin. We want to make the proper decision here for long term sustainability.
We should have something posted in the next day or so.
It is not as easy as saying: PoS will be 9% and Masternodes will be 9%.
The Masernodes payouts will be taken from the PoS amount and if there are not enough coins in PoS
the MNs will not be sustainable and visa-versa. It is a careful balance between enough incentive on both ends
while taking into consideration inflation, distribution based upon an impossible to know amount of PoS coins that will stake.


MikeMike

Thanks for the reply, good to see you guys are thoroughly thinking it through. Looking forward to the updates.

lol, We'd be finished with the calculations in 5 minutes if we only knew how many KORE coins will be PoS staking.
 

MikeMike

Haha yep, I'm happily staking away so that's one bloke with an average amount at least  IMO Kore is probably one of the better staking coins I've seen and used till this day, stake times is really quick and rewarding atm, good thing is rewards will be a lot more $wise in a few months Hodl 

[Azazel333]

Buy the dip!

If anyone is looking to sell let me know, looking for a few thousand Kore and will pay a small premium over the going rate as long as price is below $5.

[BitWhat]

Buy the dip!

If anyone is looking to sell let me know, looking for a few thousand Kore and will pay a small premium over the going rate as long as price is below $5.

Sell? whats that

[Azazel333]

Buy the dip!

If anyone is looking to sell let me know, looking for a few thousand Kore and will pay a small premium over the going rate as long as price is below $5.

Sell? whats that

Help a brother out! 

[robert3harrison]

Question:

If staking and mn's have the same payout... what's the incentive for setting up a mn?

[BitWhat]

Question:

If staking and mn's have the same payout... what's the incentive for setting up a mn?

If I'm correct I think masternodes are used for obfuscation as well, so one would possibly earn rewards from these and network fees, and possibly future Kore related services as well, all of this on top of interest makes it worth the investment imo. Think its best for MikeMike to cover this as I may be completely incorrect in my assessment.

[BitWhat]

IMO, I would actually like to see 1000 Kore per masternode, reasoning that it will reduce the nr of masternodes running so the rewards would be more beneficial to big investors, since its splitted between less mn's. 500 mn's would then lock up 500 000 Kore which is 1/4 of the supply. BUT I'm sure less coins has some advantages as well. Will see I'm no dev nor coder

This site is nice for some comparison, only makes you realize how cheap Kore mn's currently are

https://masternodes.pro/

Interesting thing is I see is that dash has 59% of the supply locked up in mn's  4549mn's on supply of 7 583 000, cost per mn 1000/ $346 000

[robert3harrison]

IMO, I would actually like to see 1000 Kore per masternode, reasoning that it will reduce the nr of masternodes running so the rewards would be more beneficial to big investors, since its splitted between less mn's. 500 mn's would then lock up 500 000 Kore which is 1/4 of the supply. BUT I'm sure less coins has some advantages as well. Will see I'm no dev nor coder

This site is nice for some comparison, only makes you realize how cheap Kore mn's currently are

https://masternodes.pro/

Interesting thing is I see is that dash has 59% of the supply locked up in mn's  4549mn's on supply of 7 583 000, cost per mn 1000/ $346 000

I still think 500 coins per mn is the sweet spot. That's what I'd like to see it come in at.

[MikeMike]

IMO, I would actually like to see 1000 Kore per masternode, reasoning that it will reduce the nr of masternodes running so the rewards would be more beneficial to big investors, since its splitted between less mn's. 500 mn's would then lock up 500 000 Kore which is 1/4 of the supply. BUT I'm sure less coins has some advantages as well. Will see I'm no dev nor coder

This site is nice for some comparison, only makes you realize how cheap Kore mn's currently are

https://masternodes.pro/

Interesting thing is I see is that dash has 59% of the supply locked up in mn's   4549mn's on supply of 7 583 000, cost per mn 1000/ $346 000

I still think 500 coins per mn is the sweet spot. That's what I'd like to see it come in at.

Thanks for your posts and link.
We were actually in meeting just now once again going over the "math" doing % on PoS/Masternodes.
There is much to consider and the algo, tech computations do not work as simply as most coins state
which means there are PoS coins and Masternode coins posting a % and it could vary huge up and down.
The difference is KORE/The Team will tell you that. Most others won't.
The Wallet dev even found flaws in PoSv3 that he has corrected.
We are doing our best to have KORE be attractive for PoS miners as well as Masternode operators.
Then you have to consider amount of total coins, barrier to entry, price and how many coins will be staking.
None of which you can with any definitive degree of accuracy.

MikeMike


EXAMPLE:

PIVX Masternode costs at current 10,000 coins 43,200 USD.
Payout per year at todays price is   1,620 USD per year.
This means the PIVX masternode brings in 4.8% per year and will take 21.11 years for ROI.
The Team believes the ROI should be around 8-12 years.

Im sure the price fluctuations could make these computations null and void.
But it makes my point.

DASH is around 8% per year.

[niknik1966]

How's the coin? Really confidential at height? Do not want to keep track of the tax.

[Mxrider420z]

Hey guys,

Even CBS's Showtime channel is mining cryptos through customers browsers right now without you knowing or splitting the coins with the customer.

https://www.theregister.co.uk/2017/09/25/showtime_hit_with_coinmining_script/

The need for a more secure and private system is real as ever, i wonder who is gonna be the next big E-corp to mine cryptos through customers while also spying on them that gets caught red handed.

Wish a great week to all.

Go Kore, Go BTC.

[Sentacks]

Hey guys,

Even CBS's Showtime channel is mining cryptos through customers browsers right now without you knowing or splitting the coins with the customer.

https://www.theregister.co.uk/2017/09/25/showtime_hit_with_coinmining_script/

The need for a more secure and private system is real as ever, i wonder who is gonna be the next big E-corp to mine cryptos through customers while also spying on them that gets caught red handed.

Wish a great week to all.

Go Kore, Go BTC.

Terrible. This is a great argument for higher security.

[northface2]

Isn't this is what kore is all about ... privacy...
Morgan Stanley CEO: Bitcoin Is 'More Than Just A Fad'
https://www.coindesk.com/morgan-stanley-ceo-bitcoin-just-fad/

via Blockfolio: [Suspicious link removed]/p95yia

[MikeMike]

Isn't this is what kore is all about ... privacy...
Morgan Stanley CEO: Bitcoin Is 'More Than Just A Fad'
https://www.coindesk.com/morgan-stanley-ceo-bitcoin-just-fad/

via Blockfolio: [Suspicious link removed]/p95yia

Awesome.
Thanks for posting!

I personally like this one too on "telling it like it is"
medium.com/@blairerickson/how-is-a-corrupt-criminal-like-jamie-dimon-not-in-prison-for-fraud-f3a1e7eb4cf6

[jproto]

Hey guys,

Even CBS's Showtime channel is mining cryptos through customers browsers right now without you knowing or splitting the coins with the customer.

https://www.theregister.co.uk/2017/09/25/showtime_hit_with_coinmining_script/

The need for a more secure and private system is real as ever, i wonder who is gonna be the next big E-corp to mine cryptos through customers while also spying on them that gets caught red handed.

Wish a great week to all.

Go Kore, Go BTC.

I wonder if code hive works in a tor browser