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Author Topic: [ANN] STRAKS - Decentralised, Open Source, Community Driven Digital Currency  (Read 81512 times)
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STRAKS
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November 20, 2017, 08:45:08 PM
 #1



















STRAKS Exchange Sites
https://stocks.exchange/trade/STAK/BTC
https://coinsmarkets.com/trade-BTC-STAK.htm
https://www.komodoplatform.com/en/technology/barterdex



Mining Pools
http://gozopool.com
https://futurecoins.club/site/mining
https://mpool.mooo.com/site/mining
https://datapaw.net/site/mining
https://www.cryptopool.xyz/site/mining
https://altminer.net/site/mining
https://stak.suprnova.cc/index.php
http://www.phi-phi-pool.net/site/mining
http://miningpool.shop/



How to mine STRAKS Guide/Tutorial/Help
https://kb.straks.info/kb/5a1a52ed48e3b4777551b314



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November 20, 2017, 08:45:55 PM
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Reserved
STRAKS
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November 20, 2017, 08:46:18 PM
 #3

GENERAL UPDATES OVERVIEW

UPDATE - 23rd November
Mining is no longer limited to CPU and the wallet. GPU mining has been implemented into numerous pools. For an exhaustive list please head on over to our official reddit (don't forget to subscribe while you are there): https://www.reddit.com/r/STRAKSproject/comments/7eu7bc/gpu_mining_list/


UPDATE - 23rd November 17:30 CET
Congratulations to the first official public owners of STRAKS. Mining rewards kicked in as planned at block 10,081.


UPDATE - 24th November
The swap mechanics from SIGT to STAK have now been defined.  Please read carefully and try to understand the rationale in an objective manner.

https://github.com/straks/straks#the-swap-mechanics


UPDATE - 25th November
SIGT to STRAKS swap calculator: https://straks.news/swapcalculator/

Payment made to Decker of Deckerpool for Yiimp code (now open source): 10,000 STAK  (https://straks.info/address/SdeckerNMSZkLKwHVZVAGuKANbH8bUn7Ye)

Payment  made to Bruno for Webhosting/Polling Mangement and Ancillary Services: 2,500 STAK
(https://straks.info/address/SfgemtVajkoRd46cUeRi3niikX3a1CQHZN)


UPDATE - 27th November
Weekly update is out: https://bitcointalk.org/index.php?topic=2433318.msg24920954#msg24920954


UPDATE - 29th November
An OSX wallet is now available - download it here; https://github.com/straks/straks/releases

We welcome Bruno to the team today as a Web Developer. A big thanks and congratulations from the whole STRAKS team. We look forward to working together in STRAKS.


UPDATE - 30th November
A milestone has been reached today - 10,000 STRAKS wallet addresses have been created in just 10 days!


UPDATE - 4th December
STRAKS weely update is out: https://bitcointalk.org/index.php?topic=2433318.msg24920954#msg24920954


UPDATE - 7th December
Public discounted STRAKS offer of 80,000 to raise funds for coinexchange.io goes live. https://bitcointalk.org/index.php?topic=2433318.msg24921025#msg24921025


UPDATE - 8th December
The SIGT to STRAKS Swap bot is now live. Head on over to our Discord channel to read more.


UPDATE - 11th December
STRAKS' weekly update is out: https://bitcointalk.org/index.php?topic=2433318.msg24920954#msg24920954


UPDATE - 8th January 2018
STRAKS' Weekly Update is Out: https://bitcointalk.org/index.php?topic=2433318.msg24920954#msg24920954
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November 20, 2017, 08:47:52 PM
 #4

A how to guide for mining STRAKS with your Nvidia GPU(s) is now available

http://cryptovore.com/2017/11/25/straks-how-to-mine-nvidia-gpu/


*This is a temporary hosting while STRAKS works on delivering their own website that includes mining guides.
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November 20, 2017, 08:47:59 PM
 #5

WEEKLY UPDATE
15TH JANUARY



Last week’s update saw the announcement of the HitBTC partnership. In order to cover the full listing fee, a public round of funding was made available, where a limited number of STRAKS was for sale at a discounted rate. To our amazement and far exceeding our projections, the funding goal was achieved in less than 48 hours. A remarkable feet that is a testament to how great and supportive the community is of the STRAKS brand. In less than 48 hours, an impressive 36.6 Bitcoin was raised equalling a total of 113,766 STRAKS sold. We cannot thank you enough for the immense support received during the public funding round. Further to the 36.6 BTC raised, you recall that another 5.5 BTC was raised in December, originally intended to cover the coinexchange.io listing fee. In the light of the unique HitBTC opportunity, these funds were dedicated towards covering the initial deposit for initiating the code review and integration on HitBTC. Between the two opportunities, it was clear to team which of the two would yield the greatest long term benefit to the brand and community. It is very rare that such a young cryptocurrency is even considered for such a large exchange, this is today most often reserved for major ICOs or more well known cryptocurrency projects. Any excess BTC raised during the public funding round, will be utilised wisely to help realise STRAKS full potential. Once all known current and future opportunities have been evaluated and a decision has been made, the community will be informed across all STRAKS communication channels.

When a precise launch date for the STRAKS market has been established for HitBTC, you will be notified immediately across all STRAKS channels. We strongly encourage you to follow STRAKSproject on Twitter and to join the Discord and Telegram channels, in order to be instantly notified when there are important updates to share. Please see the original post here on Bitcointalk for the relevant links.

Going forward, we have taken the decision to reduce the weekly updates to bi-weekly instead. Where relevant, we will fill in the gaps with updates and announcements when deemed appropriate. Product, marketing and business development items usually take a longer time to materialise and we therefore firmly believe a bi-weekly update will gather more interest, as it will naturally result in better and more relevant updates.



The First Swap Rewards

The first swap payments were successfully executed on Wednesday the 10th of January. 100,800 STRAKS coins were distributed across 1,775 STRAKS addresses. To recap, every weekly payment going forward, will always be delivered on Wednesday of each week, for the next 44 months.

We also want to take the opportunity to re-align a common misconception currently being shared on Bitcointalk, where some are stating that there are more rewards being paid out through the swap than mining and masternodes. This is inaccurate. All details are fully and transparently available on STRAKS’ official github repository, where it is stated that swap rewards are paid in exact equal proportion to mining and masternode rewards.



STRAKS-Vote

STRAKS-Vote is currently scheduled for a launch in Q2 this year. We are progressing steadily on its development with core UI and UX consideration already having been established. Although there are still lots to do, some of the very basic functionalities are now ready, such as, but not limited to, the list below;

  • Functionality to create new proposals
  • Functionality to review active proposals in the system
  • Functionality to upload supporting images
  • Registration
  • Log in & Log out

We are excited to share with you the development of the platform, once further along in the development cycle. As always, with any STRAKS product we are keen to ensure that a stable, secure and error free product is achieved before launching.



Race-car Sponsorship

STRAKS recently signed a sponsorship agreement with Daniel Roos, a professional race-car driver from Sweden, to feature STRAKS at the 24 Hour Series in Dubai, held in the past weekend, on his McLaren 570s GT4 race-car. STRAKS received extensive external exposure, reaching a new audience that was previously completely unaware of STRAKS. STRAKS is currently featured on the official uae McLaren Instagram page, with prominent STRAKS branding currently visible (select images and videos from the event shared below): https://www.instagram.com/mclaren.uae/




Some behind the scenes shots (more images coming):










Videos unveiling the STRAKS branding and the car in action.

https://www.youtube.com/watch?v=e0sLg9GrUNo

https://www.youtube.com/watch?v=QBqsOM6UArk




We are exploring options for the future, to understand what value there would lie in sponsoring similar events, with prominent STRAKS branding where applicable. We are keen to explore new avenues in order to reach new audiences and for giving more validity to the STRAKS brand, by engaging in real physical sponsorships that extends beyond just the crypto-sphere.


Yours sincerely,
The STRAKS Team



WEEKLY UPDATE
8TH JANUARY 2018



Happy new year and welcome to 2018! We hope you all have had a great festive season and we wish you all the best for the new year ahead. We look forward to realising STRAKS potential in 2018, alongside the rapid growing community, which is growing at a phenomenally rapid pace. More than 39,000 STRAKS addresses have been created since the blockchain went live, we now have over 6,000 followers on Twitter, Discord counts more than 4,600 members and the network hashrate grew from sub 50 Gh/s to 380 Gh/s at the time of writing. We cannot thank you all enough for your support of STRAKS and we are truly excited to be building the future of STRAKS with you.


Coin Swap Status Update

The swap registration period has now officially ended and no more coin swaps will be processed. In total, 80,892,769.98 Signatum coins were sent to the swap address, equating to 59% of the total generated Signatum supply. Therefore, a total of 20,223,192.49 coins will be generated on the STRAKS blockchain from the swap. Rest assured this will not drown the market, as the swap will be paid in installments over the next 44 months. They will be paid in equal proportion alongside mining and masternode rewards. The total pay-outs are limited to 432,000 per month in the first year, increasing by 5% per annum, until the total swap supply has been covered. This ensures a healthy and sustainable economy, that is never at risk of oversupply. This safeguards your investment.


Coin Swap Payouts

A long-term sustainable and healthy STRAKS economy ensures that all investors, miners and masternode holders will maximise their long term earning potential, without the fear of a rapid unsustainable oversupply. To mitigate the risk of having a large quantity of coins enter the market in one lump sum, payouts will strive to mimic mining and masternode rewards as much as possible. In that regard, the swap payouts will be executed weekly, starting from the 10th of January and thereafter paid out every Wednesday. This mitigates the risk associated to a massive sudden unsustainable oversupply entering the market that is not regulated by an equal and opposite rapid increase in demand. Your investment potential is therefore always protected and maximised fully.

Please take note, that it is of the utmost importance that you ensure that your STRAKS address is set correctly on Discord. If you have not added your STRAKS address or included a wrong address, you will not receive your payouts. From the 10th January 2018 onwards NO changes can ever be made to the STRAKS payment address you have set.  The payment data will be anonymized and the STRAKS team would not be able to help even if you had a valid request.  Therefore make sure that you save and backup your wallets and keys in safe locations. We also strongly advise you NOT to utilise an exchange site address for your ongoing payments, as you may not have full permanent access rights to that address over the duration of the swap payback period.



New Exchange Listing

Having STRAKS added to another reputable high volume trading platform has been an absolute top priority for the STRAKS team. We have been keen to increase accessibility to STRAKS, increase the overall available trading volume as well as adding credibility to the coin and the project. We have therefore been in continuous dialogue with numerous exchange sites, and after a lot of discussions we finally signed a deal, that we firmly believe will help establish STRAKS as a trusted, competitive digital currency that clearly  establishes peer group dominance from the outset.  We have paid the initial deposit for listing STRAKS and they have started auditing the code and have commenced the integration process.  Unless there are any insurmountable issues, STRAKS will be listed in the very near future.


We are pleased to announce today, that STRAKS will be partnering with one of the leading and most trusted exchange platforms in the world - we welcome you HitBTC. STRAKS is projected to be listed on their exchange platform sometime around the middle of February. The specific date will be made public once established.


We hope that you are as excited for this partnership as we in the STRAKS team.



Covering the HitBTC Listing Fee

Naturally, as HitBTC is one of the most established, reputable and high volume exchange sites on the market, the listing fee is of course proportionate. In order to cover the full listing fee (of which 5 BTC has already been paid using the funds from the Public Round of Funding #1), the STRAKS team will be selling coins from the treasury holdings from the unclaimed swap address (as explained on the official github repository, 60% of the unclaimed swap is dedicated towards the treasury). 50,000 STRAKS coins were therefore sent from the swap address to stocks.exchange. This sum was sent before the recent price surge and it is therefore substantially more than initially required. The remaining proceedings will therefore be sent back and rest assured that we will not do anything that could drown or be perceived as manipulating the market. We always strive to make sure that our liquidations have a minimal impact. Please see the txid for the transaction below.
 (https://straks.info/transaction/311c5d491bad15a84b5e589283c1f6b68dc56fb143eacef2db7a502c52a1afa6).



Race Car Decal Winner

Just before Christmas, a decal bounty of 300 STRAKS was made available to the public, for the one who created the best graphic design for a decal required. After evaluating the entries, it was decided that Anduflee’s contribution was the best.

Please see below the contribution from Anduflee. As a result of his long-term support and contribution, Anduflee has also been given MVCC status on Discord (Most Valuable Community Contributor). We thank him for his great work and continued support.

https://i.imgur.com/EKpKhoB.png
https://i.imgur.com/fVMORp5.png



Masternode Services

To ensure that Masternode holders, as well as those interested in acquiring one, can track their ROI and associated cost of acquisition, STRAKS has now been made available to track on masternodes.online (https://masternodes.online/currencies/STAK/).

To increase awareness and reach further, we will also be paying the 0.1 BTC listing fee, for being added to masternodes.pro (https://masternodes.pro/).



Crypto-coinz.net exposure

STRAKS will soon be featured on crypto-coinz. Among other things, this will give you access to calculate your mining profits, get a complete overview of all accessible mining pools as well as get an overview of your masternode reward profitability. An article featuring STRAKS will also be compiled and added permanently to the portal.



Core Release Notes (1.14.7.0)

Please update at your earliest convenience.  For pool owners make sure to track the debug log data on restart to ensure clean startup.  If you notice issues or block rejections resync chain after deleting peers.dat/mncache.dat or a clean sync.


  • Masternode functionality enabled: list and winners
  • Protocol update in preparation to disconnect old nodes
  • Fixed reindexing issue


Additional Listings

As the community and the general public is now aware, STRAKS has been added to coinmarketcap as of the 1st of January (https://coinmarketcap.com/currencies/straks/).

Worldcoinindex has now also added STRAKS, which you may find here: https://www.worldcoinindex.com/coin/straks

To keep better track of your trading, STRAKS is now also available on cointracking.info (https://cointracking.info/coin_charts.php?cur=STAK)




Your Sincerely,
The STRAKS Team
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November 20, 2017, 08:50:13 PM
 #6


Public Round of Funding Round 2: Acquire STRAKS at a Discounted Rate

The public funding round is now closed. We want to give a big thanks to the entire community for the enormous level of support we received. The interest in purchasing STRAKS at a discounted rate was much greater than expected and the goal was therefore reached much sooner than initially expected it would be. The BTC goal for listing on HitBTC was covered in less than 48 hours. Again, we thank you all for your support!
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Hoqu.io – Decentralized Affiliate platform


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November 20, 2017, 09:18:19 PM
 #7

Nice infographic. When does the network start? The algorithm will attract botnets. Will there be only solo mining?
The reference to the github is broken.

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November 20, 2017, 09:31:28 PM
 #8

Waiting for github to prepare mining pool

Github will be available shortly. Content is being ported over to the official channel as we speak.
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November 20, 2017, 09:38:02 PM
 #9

windows wallet ?
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November 20, 2017, 09:38:53 PM
 #10

 Excellent news, looking forward to Wednesday Grin
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November 20, 2017, 09:45:34 PM
 #11

Nice job
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November 20, 2017, 09:45:55 PM
 #12

Github links are now fully functional. The github repository has been carried over to the official account.

https://github.com/straks/straks
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November 20, 2017, 09:52:15 PM
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Github links are now fully functional. The github repository has been carried over to the official account.

https://github.com/straks/straks

there is no executable in windows archive?
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November 20, 2017, 09:52:34 PM
 #14

Nice job nice pr. We are waiting for swap. When genesis block?
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November 20, 2017, 09:58:34 PM
 #15

Nice project, more information available about the team ? linkedin ?
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November 20, 2017, 10:04:49 PM
 #16

Github links are now fully functional. The github repository has been carried over to the official account.

https://github.com/straks/straks

there is no executable in windows archive?

We were made aware that the extension was not working. This has now been fixed, please try again.
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November 20, 2017, 10:05:25 PM
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Github links are now fully functional. The github repository has been carried over to the official account.

https://github.com/straks/straks

there is no executable in windows archive?

We were made aware that the extension was not working. This has now been fixed, please try again.
thank you
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November 20, 2017, 10:13:30 PM
 #18

Quote
The only way to mine STRAKS, right now, is via the STRAKS' wallet.
bullshit - JSON-RPC call failed: Method not found
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November 20, 2017, 10:16:27 PM
 #19

heh....no solo mining in wallet

* DIXI DN6axqwVnqnQCnsy1mZrRLec4bYr5zU7Lw
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BELUGA PAY. Complete Mobile Point of Sale System


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November 20, 2017, 10:17:55 PM
 #20

Which Exchanges are planning and when to buy STRAKS?

B E L U G A  P A Y  || The first Complete Mobile POS System || [ ICO 1st Mar 2018 ]
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