[ANN] [XSH] TOR/i2p, Quantum proof, MN, PoS/PoW, Fully ano, SHIELD

[SHIELD_Joe]

I use QT client and not anonymously it shows my ip. Anyone can tell me how this works 

Tor nodes will be released in the upcoming week

[1714583278]

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[buzzkillb]

72sat))))

Great work XSH! 

[vhns222]

are any new exchanges coming already 72 and its new record for XSH ,i think if this coin will come to new a little big exchange price will jump much more higher.

[pshemek]

lets hope so, the fact that the tor nodes is coming soon must be fuel to the moon

[Freeheek]

Iam new to this but i was wondering something. Shield keeps growing for the last couple of days in value, is that because of the easy mining now or does mining not affect the price and is this growth primarly because of people investing in this coin?

[Daniel_West]

SHIELD is a new privacy and speed focused cryptocurrency. It isn't an ICO or preminend. SHIELD will be POW for around the first year.

How will it operate later?

[SyrioForElle]

Iam new to this but i was wondering something. Shield keeps growing for the last couple of days in value, is that because of the easy mining now or does mining not affect the price and is this growth primarly because of people investing in this coin?

Mining does, indeed, affect the price of the coin.

I'd suggest the reasons for XSH's rise are:
- Unique multi-algorithm system
- Committed developers
- A decently active community

[Freeheek]

Iam new to this but i was wondering something. Shield keeps growing for the last couple of days in value, is that because of the easy mining now or does mining not affect the price and is this growth primarly because of people investing in this coin?

Mining does, indeed, affect the price of the coin.

I'd suggest the reasons for XSH's rise are:
- Unique multi-algorithm system
- Committed developers
- A decently active community

I what way does it affect the price, in inflation or deflation?

And what do you guys think of the huge amount coins availble for this coin? Is that a good or bad thing?

[SyrioForElle]

Iam new to this but i was wondering something. Shield keeps growing for the last couple of days in value, is that because of the easy mining now or does mining not affect the price and is this growth primarly because of people investing in this coin?

Mining does, indeed, affect the price of the coin.

I'd suggest the reasons for XSH's rise are:
- Unique multi-algorithm system
- Committed developers
- A decently active community

I what way does it affect the price, in inflation or deflation?

And what do you guys think of the huge amount coins availble for this coin? Is that a good or bad thing?

Typically anything that increases the supply lowers the price of an item. So if suddenly we were to find a gold mine tomorrow with a lot of gold, the price of gold would come down. So with that analogy more miners should mean a lower price.

Cryptocurrency mining is a little odd though. First of all the number of miners doesn't necessarily change the supply of the coin being mined. The blocks just re-target their difficulty to account for the increased # of miners and the same number of coins get generated. So more miners does NOT mean more supply and so it does NOT cause the price to drop in and of itself.

In fact, more miners demonstrates more interest in the coin. People are competing to solve blocks because they think the coin is worth something. If a lot of people thing that something is worth a lot of money then it becomes a self fulfilling prophecy and it becomes worth a lot of money.

So all in all a high number of miners should be good for a coin. I'd caveat that with it depends on what miners are doing with the coin. If they're dumping it right away then that could hurt the coin. But if they're mining it because they believe in it's future and want to be part of it then the coin's prospects look bright.

As for the huge number of coins - I think it's good. It means that the price of any individual Shield coin should be restrained. Look at Bitcoin today. Each coin is worth thousands of dollars. If I want to buy a cup of coffee in Bitcoin I'd have to pay 0.00051 BTC. It's such an awkward number and it's hard to imagine Starbucks or any major retailer deciding that things should be priced in the decimal points that Bitcoin would require. Shield doesn't suffer from that same weakness.

[rapidtech]

hi guys , i wanted to know if we can still use the electrum xsh wallet without problem please

I also want to know the answer because I have some coins still in the electrum wallet. Thanks.

all wallets work... but if it is more comfortable for you to use qt wallet.. in this article you can find the explation how to import wallet from electrum to qt...
https://github.com/ShieldCoin/SHIELD/wiki/SHIELDqt-Import-Keys

Thank your for taking time to reply and even giving us the link on how to import the keys. I really appreciate it.

[SmallRig]

Price looks great .. Soon 100 sats ??

[buzzkillb]

Maybe this was missed. But this below getting posted on discord was when priced spiked up to 72. I bolded what stuck out to me.

SHIELD's main features will be:
Good documentation of projects using Medium
Desktop Wallets with tor and i2p integration for all major platforms
Mobile wallets also with tor and i2p integration
Easy to use API's with which you can make:
- custom wallets
- server application
- SHIELD integration
- more
We will have a new professionally designed website and a majority vote logo
We will be integrated into most major web platforms one way or another
SHIELD will implement masternodes with the features of:
- PrivateSend
- InstantSend
SHIELD will implement custom PoS, inspired by PoS CASPER, called PoS Boo
RSK smart contracts will be up after that, gaining many possible features
We will also improve the scalability using Sharding or similar technologies
Then we'll use Lamport signatures(or winternitz) to make the blockchain quantum proof

[Oren4000]

Iam new to this but i was wondering something. Shield keeps growing for the last couple of days in value, is that because of the easy mining now or does mining not affect the price and is this growth primarly because of people investing in this coin?

Mining does, indeed, affect the price of the coin.

I'd suggest the reasons for XSH's rise are:
- Unique multi-algorithm system
- Committed developers
- A decently active community

We get the best features of Verge and the devs added more. Quantum proof? That got to be worth something, should be a lot.

[SHIELD_Joe]

I like this project. But to support a coin where the top 25 control close to 50% of the coins just makes me think that as soon as this coin goes up in price most of the investors that really believe in this coin, will get dumped on, I have seen it many a time.

Unless a lot of coins gets burned, we are in for a rude awakening.

Look I know we are all here to make money, but when the dump happens there will be a lot of bagholders.

We're also worrying about that. We're not sure how we're going to do it be we are going to try and decrease the amount owned by the top %. It's already getting better but there's still a long way to go.

[crocozino]

guyz, can you share good working pool with decent hashrate
cause bibotel has about 10% only, bigmine even less, bsod about 15%
where are the rest?

[Ken The Crypto]

I made a youtube video that might add some value to the SHIELD coin community. Let me know what ya'll think

https://youtu.be/jLsL048Vgoo

[abudfv2008]

Iam new to this but i was wondering something. Shield keeps growing for the last couple of days in value, is that because of the easy mining now or does mining not affect the price and is this growth primarly because of people investing in this coin?

Mining does, indeed, affect the price of the coin.

I'd suggest the reasons for XSH's rise are:
- Unique multi-algorithm system

What "unique" you are talking about? MYR or XVG were here when XSH haven't even been planned.
Dev needed 3 weeks to compile already existing wallet (from XVG or Myr - he copypasted everything)
But because of the lack of programing techniques or at least design abilities there is ugly gray on black which is hardly seen, corrupted intarface elements etc., also no handy features like inputs control or some other useful options that exist in some new wallets (like LUX for example).

[pedjo99]

I like this project. But to support a coin where the top 25 control close to 50% of the coins just makes me think that as soon as this coin goes up in price most of the investors that really believe in this coin, will get dumped on, I have seen it many a time.

Unless a lot of coins gets burned, we are in for a rude awakening.

Look I know we are all here to make money, but when the dump happens there will be a lot of bagholders.

We're also worrying about that. We're not sure how we're going to do it be we are going to try and decrease the amount owned by the top %. It's already getting better but there's still a long way to go.

It is really amazing that dev himself speeks that they also see problem in this. I haven't seen it anywhere else. Most devs don't even reply when someone speeks about big holders.. maybe one of the option is to reduce % of coins witch we be distributed with POS for those who holds enormous amount..

[mirzamagaev]

How many coins are required for pos? While the price is still very low, I want to collect for the node. I'm sure this coin has an interesting future and its minimum price is 1 $!

[machamizu]

Just started mining today. Is it Lyra2v2 the most profitable mining algo for nvidia cards?