[ANN] Oyster Shell (SHL) - Dawn of a New Era

[ToTheMoon_XOM9IK]

MrRedPanda:

If you feel unpleasant with the withdrawal fee you should hold off withdrawals of SHL from KuCoin for now, since the 20th may is still over one week away.

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[ToTheMoon_XOM9IK]

KuCoin changed the minimal withdrawal amount to 10 SHLs and the fee is now 5 SHLs.

[greenco]

Pretty high withdrawal fee, isn't it?
Moreover it looks like kucoin is not going to list trading pairs for SHL soon.

I was also a little surprised. I thought that the new token will be immediately available for trading after the airdrop, but for now we will wait

[barnes13]

Pretty high withdrawal fee, isn't it?
Moreover it looks like kucoin is not going to list trading pairs for SHL soon.

I was also a little surprised. I thought that the new token will be immediately available for trading after the airdrop, but for now we will wait

Don't so hurry, just wait, mostly exchange which involved in a snapshot on airdrop will automatically list that token on their exchange, hope Kucoin will added SHL on their exchange soon.

[wndrbr3d]

Thx KuCoin for such gift: usually most of all exchanges don't share any forks/airdrops with users and keep everything to themselves.
Got SHL both on the ETH address and on the KuCoin 

[ToTheMoon_XOM9IK]

Check out:
https://youtu.be/Psr98QFNqCg

Oysterprotocol

[Highspeed123]

KuCoin changed the minimal withdrawal amount to 10 SHLs and the fee is now 5 SHLs.

All the exchanges get greedy eventually, trade fees are not enough for them it seems, even with some of the crazy listing fees some of these exchanges charge.

[ToTheMoon_XOM9IK]

Check out:
https://youtu.be/qeq06oBh1NM
18:55

 

[ToTheMoon_XOM9IK]

https://globenewswire.com/news-release/2018/05/09/1499745/0/en/Oyster-Protocol-Reaches-Milestone-1M-Transactions-of-Decentralized-Storage-in-Beta-Testing.html

[ToTheMoon_XOM9IK]

***Update: #IDEX has successfully completed staging testing and will resume operations shortly. Trading will restart on limited markets at 8:15 UTC . $HOT $SS $ZCO $NEXO will be disabled until further notice as we closely monitor performance in the new live environment.

[mcfom]

This is great achievement by reaching more than 1 million transactions on test net. This is excellent example of awesome work after so many participants in testing which are 1k testers and enormous transactions systems and platform's capacities and required feedback is visible by this article. Team is looking highly confident and professional in their work of high quality.

[kabit9]

is SHL trading anywhere yet except ForkDelta: https://forkdelta.github.io/#!/trade/0x8542325b72c6d9fc0ad2ca965a78435413a915a0-ETH

wondering how to arrive at an appropriate value...

[ToTheMoon_XOM9IK]

https://idex.market/eth/shl 🍭

[ToTheMoon_XOM9IK]

Coinmarketcap will list SHL after we meet the criteria stated in their FAQ and hit at least 100k in 24hr volume VOL
https://coinmarketcap.com/faq/

[ToTheMoon_XOM9IK]

Mainnet Progress Update #3

https://medium.com/oysterprotocol/mainnet-progress-update-3-108c18d8e05b

With a little under three weeks until the Oyster Mainnet launch, the Oyster development team has been extremely diligent in completing all the work necessary to ensure a successful launch. Today’s post will detail the work completed for the week of May 6th — May 11th.

This week, the development team made further efficiency improvements to the polling logic on the web interface as well as implemented and QA’d encryption and decryption on the broker node and web node to ensure the algorithms produced the same outputs for the same input. Additionally, the team implemented a logic change so that the frequency of the broker nodes’ chunk processing task would dynamically adjust based on the broker nodes’ proof-of-work performance.

Further work was completed on the treasure-claiming logic associated with the broker nodes, which is needed for the revenue-generating potential of the Oyster protocol. For example, in order for the web node to earn treasure for a website owner, the web node reports that it finished the proof-of-work for a sector of the data map of an uploaded file. Then, the broker node will query the private tangle to ensure the web node did the proof-of-work within the last epoch (e.g., the current year).

The development team also completed implementing circular treasure hunting flow on the web nodes and continued work on the treasure-claiming logic after a sector has finished uploading. Additionally, the development team has been working on ensuring that a web node does not overuse a device’s resources when performing intensive tasks like proof-of-work or treasure-hunting. Furthermore, the team is working on offloading the work to a background job and throttling CPU usage when necessary.

Finally, the team worked on OysterPearl contract integration with broker nodes to allow method calls to enact the various smart contract functions. The team also worked on unit testing the broker node Ethereum gateway and Oysterby network configuration, adding two new peer nodes to the internal network. Also, the team completed working on updating the web storage interface for the Mainnet release, as well as building the Oyster consent overlays that will be displayed to website visitors when they visit a site using the Oyster protocol.

We will continue to update the community on Mainnet progress every week leading up to the launch date of May 29th. Any questions or comments are encouraged to be posted to our Reddit, or Telegram channel

[ToTheMoon_XOM9IK]

SHL on IDEX:
https://idex.market/eth/shl

SHL on Ether- and Forkdelta:
https://etherdelta.com/#0x8542325b72c6d9fc0ad2ca965a78435413a915a0-ETH

https://forkdelta.github.io/#!/trade/0x8542325b72c6d9fc0ad2ca965a78435413a915a0-ETH

[gabbi75]

Good afternoon,
What happens if I do not remove my oyster shell from kucoin, will I lose them? Sorry for my ignorance, thanks.

[ToTheMoon_XOM9IK]

You will probably just don't be able to withdraw them. They will most likely still show up - but you can't do anything with them.

[slackovic]

Good afternoon,
What happens if I do not remove my oyster shell from kucoin, will I lose them? Sorry for my ignorance, thanks.

I don't understand you guys... Why in the world would you wanna keep SHL tokens on the KuCoin? There's no guarantee that they will list SHL. Even if they list it, you don't know when will that happen. It costs 5 or 10 SHL to withdraw them to your own wallet so why don't you do it? So you can complain when they get stuck on the KuCoin and some other exchange list them?

Plus, why did you keep PRLs on the KuCoin in the first place? It costs $0.7 (1 PRL) to withdraw it to your wallet and now you would have SHL on that wallet too.

[snovik]

which wallet do you use?