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Author Topic: [SKY] Skycoin Launch Announcement  (Read 381241 times)
skycoin
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August 21, 2017, 05:50:43 PM
 #3201

These question are non-constructive.

The only thing that matters is the project goals and how they will be achieved.

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skycoin
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August 21, 2017, 05:57:00 PM
 #3202


Jesus Christ, skycoin please burn 70  million coins. This shit will never stop.

If you burn them everybody is happy. Your ICO would get sold out faster, the price would increase and this bullshit trolling would stop.


We have enough money for years. Unless we increase the size of the development team by 4x.

We are going to rapidly get to 15% and then 30% distribution, then the rest coins are being time locked to 5% per year additional distribution. The planned distribution period was always at least 20 years.

After the time lock, the total Skycoin will be ~20 million (not 100 million) and increasing to 30 million, then expanding at 5 million per year for 14 years. Almost 50% of the 20 million has been distributed already.

Once we get to 20% distribution, LISK will be complaining about something else. Instead of trying to figure out what Skycoin is even supposed to do. He is comparing the coin to some IoT coin (wtf?).

We still think the Skycoin consensus algorithm is better than both Bitcoin and IOTA, makes better security guarantees and is simple. You cannot even compare them. Once the crypto and networking stack are implemented and its debugged, its flawless. It will run for a thousand years without modification and no one could imagine any improvement worth adding the additional complexity.

We do not see a future for either PoS or PoW based coins, because newer algorithms are vastly simpler, superior and offers instant transaction times instead of hours.

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August 21, 2017, 06:06:54 PM
 #3203

Distribution Problem Solved:

After the time lock, the total Skycoin will be ~20 million (not 100 million) and increasing to 30 million, then expanding at 5 million per year for 14 years. Almost 50% of the 20 million has been distributed already.

The coins from 20% to 30% are network incentives and might be distributed over ten years.

The 30% to 100% will be distributed at a max rate of 5 million coins per year, over a minimum period of fourteen years. Yearly dilution is capped at a maximum of 16.66666... percent per year.

People complaining about "devs have bla bla bla" percentage of the coins are complaining about coins that wont exist for +20 years.

The new API changes includes the time lock and will calculate the spendable coins correctly, resolving the problem forever.

We stand triumphant over this gordans knot.

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August 21, 2017, 06:30:43 PM
 #3204

Update:

We have a mobile wallet. Check the github https://github.com/skycoin/skycoin-mobilewallet

We have prototype of skycoin wallet compiled to run in browser. See https://github.com/skycoin/skycoin-cipher-web

We have a new desktop angular wallet, written from scratch. This is already in github, pull and test it out. Its about fifty times faster than the previous wallet. This will be in version 21.

The BBS is behind schedule but is supposed to working against in next two days, then launch.

The ICO was test for backend infrastructure. And will have new OTC infrastructure soon and even allow you to convert between Bitcoin and Skycoin within the wallet (Shapeshift type is in development now).

The third version of the Skywire Miner hardware is done. New PCB board arrived. Assembling the first six units. Then doing the first production run of 300 Skywire Miner kits via factory in Shenzhen.

We are working on Skyledger.net for all of the Skyledger coins (like Skycoin's ERC20 tokens). We have SunCoin doing an ICO right now and will exchange traded in Swiss commodities exchange by April. And we have five other tokens launched on the Skycoin platform already.
- http://solarbankers.com/

We are going to announce an exchange for all of the Skyledger tokens soon.

The Skycoin community size has more than doubled in the past two weeks.

New website will finally explain the components of Skycoin and where it is heading.

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August 21, 2017, 07:46:46 PM
 #3205

Congratulations!

Do you have link where to read up on skycoin consensus algorithm?

Disregard the iota shill/troll - in fact iota does not even have a consensus algorithm - it relies on a centralized Coordinator to function since its existence, and without the Coordinator iota would be worthless according to its main dev. Coordinator is closed source. See below.

what different about iota and adk, I find iota,s seed can use in adk 's wallet?The ending was so sour, did ADK copy the IOTA code? So here comes the question. Isn't the ADK worth buying? ADK‘s price is too low

I hope ADK copied Coordinator's code too, otherwise any price above zero is too high...
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August 22, 2017, 02:00:25 PM
 #3206

Update:

We have a mobile wallet. Check the github https://github.com/skycoin/skycoin-mobilewallet

We have prototype of skycoin wallet compiled to run in browser. See https://github.com/skycoin/skycoin-cipher-web

We have a new desktop angular wallet, written from scratch. This is already in github, pull and test it out. Its about fifty times faster than the previous wallet. This will be in version 21.

The BBS is behind schedule but is supposed to working against in next two days, then launch.

The ICO was test for backend infrastructure. And will have new OTC infrastructure soon and even allow you to convert between Bitcoin and Skycoin within the wallet (Shapeshift type is in development now).

The third version of the Skywire Miner hardware is done. New PCB board arrived. Assembling the first six units. Then doing the first production run of 300 Skywire Miner kits via factory in Shenzhen.

We are working on Skyledger.net for all of the Skyledger coins (like Skycoin's ERC20 tokens). We have SunCoin doing an ICO right now and will exchange traded in Swiss commodities exchange by April. And we have five other tokens launched on the Skycoin platform already.
- http://solarbankers.com/

We are going to announce an exchange for all of the Skyledger tokens soon.

The Skycoin community size has more than doubled in the past two weeks.

New website will finally explain the components of Skycoin and where it is heading.

Thank you for all your latest posts here. 
Many questions answered and let's hope this will ends the non-stop non-sense harrasment from lisk

Really looking forward that new website!
 Cool
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August 25, 2017, 01:35:00 PM
 #3207

Got some issues.

Opened my wallet after some weeks and it shows 0 skycoin, explorer says everything is fine and my coins are in the wallet. Installed new 0.19 wallet, still 0 coins and wallet is syncing since many hours.

any ideas?
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August 26, 2017, 11:51:48 AM
 #3208

when is the next ico?

Do u mean this one?
https://www.skycoin.net/distribution/
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August 27, 2017, 11:23:35 AM
 #3209

need a better PR team ..

the coin is good, but with shit PR.

running farm worldwide
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August 27, 2017, 09:31:46 PM
 #3210

need a better PR team ..

the coin is good, but with shit PR.

 I think we might consider some bounties for PR-efforts. Mainly for some tech-savy articles for reputable IT media


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. COMSA
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skycoin
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August 28, 2017, 01:58:29 AM
 #3211


Also can i ask when the skycoin will become fractionable? broken to less than one round unit?

And locked coins through an API for the next 14 years.

I did not get the comment about devs only gettin coins after 20 years. you lost me there..


Fractional coin support and timelocked distribution are in the v0.20 milestone, which also includes a new wallet.

This is the v0.20 milestone tracker:

https://github.com/skycoin/skycoin/milestone/2

Timelocked distribution is already merged to the develop branch.

25% of the coins are immediately distributable (although we do not intend to distribute these in less than 1-2 years, and maybe up to 5 years).
Once this 25% is distributed, another 5% immediately becomes distributable (with a software update; the timestamp of the block that reached 25% distribution will be hardcoded).  This 5% is the first unlocked year and each subsequent year will unlock another 5%.  There is no requirement to spend the 5%, the unlocked amount will accumulate if unspent.

We are considering slowing down the timelock even further:

* 5% each year for 5 years
* 4% each year for 5 years
* 3% each year for 5 years
* 2% each year for 5 years
* 1% each year for 5 years

This make it last for 25 years instead of 14, and is better suited to our growth forecasts. Note that for technical reasons, locking is handled in 1% chunks, otherwise we would be doing exponential decay.

Fractional coin support requires some API changes.  Internally, the blockchain always supported up to 6 decimal places, but some APIs are using whole coins instead of 1e6 coins (droplets).  This is a priority because it affects the minimum exchange withdrawal fee.

Someone mentioned a bug about 0 balance.  I am not sure if this is the wallet frontend or because of the database file in the ~/.skycoin folder.  You can try deleting the *.db files in ~/.skycoin (do not delete your wallets!).

Wallet encryption is another important feature request but it is set for the v0.21 milestone.  We want to get the new wallet out first and add some improvements to assist in exchange integration for our coin.  One of the difficulties with getting skycoin listed on more exchanges, is that it has its own API so the exchanges can't reuse their bitcoin or erc20 code and add it in an afternoon.  So we are trying to make the integration process smooth for them.

Skycoin wallets use a bip32 mnemomic seed by default. The addresses in the wallet are generated deterministically.  So with this mnemonic seed, you can generate infinite addresses.  As a workaround to the lack of wallet encryption, you can memorize your mnemonic seed and delete the wlt file in ~/.skycoin/wallets.  Note that you will have to delete the wlt file after you close skycoin, it might save loaded wallets on shutdown.

We will be adding "temporary load from seed" for wallets in v0.21, which will not save the seed in the wallet file.  We can also do electrum style encryption, where we use a master key to encrypt the wallet files.  Each approach is different.

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August 28, 2017, 06:18:25 AM
Last edit: August 28, 2017, 05:14:02 PM by skycoin
 #3212

Skycoin Bounty Program is finally starting, read this for details:

https://blog.skycoin.net/statement/skycoin-bounty-program-1/

Telegram channel for bounties: https://t.me/skycoinbounty

Bounties

Infographics about Skycoin, Skywire meshnet, BBS, CXO etc.

* 15 SKY each

Youtube Videos (e.g. vlog type material) about Skycoin in general

* 1 SKY per 1000 views
Must be from relevant (e.g. cryptocurrency related) youtube account
The video must be original content (or sufficiently modified derivative content).

Production Promotional Videos (e.g. describing skycoin technology)

* 150 SKY
* You can also post this to your youtube channel and collect that bounty
* Skycoin may use these on their own youtube channel or on the skycoin website

GIFs

* 20 SKY each

Blog posts, articles

* Negotiable based on views, publishing outlet, quality.
* Contact us ahead of time until we establish a way to value written content.

Please be sincere with content produced for the bounty program. If something appears to be done in bad faith we may reject or reduce the reward (for example, fake youtube views or sloppy infographics).

Special bonus for active community users:

* skycoin subreddit: https://reddit.com/r/skycoinproject
* 10 SKY - 100 skycoin subreddit posts
* 100 SKY - 500 skycoin subreddit posts
* 1000 SKY - 2500 skycoin subreddit posts

If you have other ideas for promoting skycoin that deserve a bounty, please suggest them in the telegram channels.

schnötzel
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August 29, 2017, 10:57:15 AM
 #3213

Got some issues.

Opened my wallet after some weeks and it shows 0 skycoin, explorer says everything is fine and my coins are in the wallet. Installed new 0.19 wallet, still 0 coins and wallet is syncing since many hours.

any ideas?


Nobody? Am i the only one with this problem?
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August 29, 2017, 02:10:21 PM
 #3214

    Skycoin Bounty Program is finally starting, read this for details:

    https://blog.skycoin.net/statement/skycoin-bounty-program-1/

    Telegram channel for bounties: https://t.me/skycoinbounty

    Bounties

    Infographics about Skycoin, Skywire meshnet, BBS, CXO etc.

    * 15 SKY each

    Youtube Videos (e.g. vlog type material) about Skycoin in general

    * 1 SKY per 1000 views
    Must be from relevant (e.g. cryptocurrency related) youtube account
    The video must be original content (or sufficiently modified derivative content).

    Production Promotional Videos (e.g. describing skycoin technology)

    * 150 SKY
    * You can also post this to your youtube channel and collect that bounty
    * Skycoin may use these on their own youtube channel or on the skycoin website

    GIFs

    * 20 SKY each

    Blog posts, articles

    * Negotiable based on views, publishing outlet, quality.
    * Contact us ahead of time until we establish a way to value written content.

    Please be sincere with content produced for the bounty program. If something appears to be done in bad faith we may reject or reduce the reward (for example, fake youtube views or sloppy infographics).

    Special bonus for active community users:

    * skycoin subreddit: https://reddit.com/r/skycoinproject
    * 10 SKY - 100 skycoin subreddit posts
    * 100 SKY - 500 skycoin subreddit posts
    * 1000 SKY - 2500 skycoin subreddit posts

    If you have other ideas for promoting skycoin that deserve a bounty, please suggest them in the telegram channels.


    Translations

    Translate posts from the blog. https://blog.skycoin.net/

    Accepted languages are:

    • Deutsche
    • Espańol
    • 日本語
    • 한국어
    • 中文
    • Pyccкий

    We may add more languages later but aren’t able to verify translations for other languages yet.

    Every 500 words is 5 SKY. For example:

    • 1-500 words: 5 SKY
    • 501-1000 words: 10 SKY
    • 1001-1500 words: 15 SKY
    • …and so on…

    At the bottom of each English-language blog post, the reward for that article is shown.

    The post must not already be translated.

    If a post is already translated but you find mistakes or improvement, we can give a small reward as appropriate.

    One or two other native speakers of the translated language must review the translation to check its quality. Bad translations will not receive a bounty, although you are free to improve it until it is accepted.[/list]

    ICOcountdown.com
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    August 30, 2017, 12:17:21 AM
     #3215

    Got some issues.

    Opened my wallet after some weeks and it shows 0 skycoin, explorer says everything is fine and my coins are in the wallet. Installed new 0.19 wallet, still 0 coins and wallet is syncing since many hours.

    any ideas?


    Nobody? Am i the only one with this problem?

    Do you have your seed written down, you can just import it - also the github wallet has been updated. You might be on a later wallet version.

    skycoin
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    August 30, 2017, 12:57:54 AM
     #3216

    Bounty program update:

    GIF bounties have been removed until we clarify what we are looking for, people are just submitting low-effort giphy GIFs

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    August 30, 2017, 04:36:56 AM
     #3217

    Translations

    Translate posts from the blog. https://blog.skycoin.net/

    I can translate into russian. This bounty will be for one person or for different? How can I reserved some blog post's translate? Is there a time limit?
    skycoin
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    August 30, 2017, 06:21:54 AM
     #3218

    Translations

    Translate posts from the blog. https://blog.skycoin.net/

    I can translate into russian. This bounty will be for one person or for different? How can I reserved some blog post's translate? Is there a time limit?

    Go into the telegram bounty channel and ask if an article is being worked on first.  Russian and Chinese is usually assigned to someone though

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    August 31, 2017, 10:36:04 AM
     #3219

    Got some issues.

    Opened my wallet after some weeks and it shows 0 skycoin, explorer says everything is fine and my coins are in the wallet. Installed new 0.19 wallet, still 0 coins and wallet is syncing since many hours.

    any ideas?


    Nobody? Am i the only one with this problem?

    Do you have your seed written down, you can just import it - also the github wallet has been updated. You might be on a later wallet version.

    Thanks for the answer. I will give it a try later. But it´s really strange.

    1) I´ve got the latest version as mentioned before
    2) how can the coins disappear even on an old version? The adresses/ accounts are visible
    3) i can´t remember the wallet was ever syncing in the past (or i´m wrong?). 
    Adlebert Coalseed
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    September 02, 2017, 12:36:37 PM
     #3220

    Got some issues.

    Opened my wallet after some weeks and it shows 0 skycoin, explorer says everything is fine and my coins are in the wallet. Installed new 0.19 wallet, still 0 coins and wallet is syncing since many hours.

    any ideas?


    Nobody? Am i the only one with this problem?

    Do you have your seed written down, you can just import it - also the github wallet has been updated. You might be on a later wallet version.

    Thanks for the answer. I will give it a try later. But it´s really strange.

    1) I´ve got the latest version as mentioned before
    2) how can the coins disappear even on an old version? The adresses/ accounts are visible
    3) i can´t remember the wallet was ever syncing in the past (or i´m wrong?). 



    Depends if you're using Windows. I think I had the same problem after upgrading, where it would keep on synching indefinitely and just show a balance of 0.
    Turns out that before I could install the new wallet, I had to delete the folders Skycoin creates in these spots: C:\Users\[Username]\.skycoin and C:\Users\[Username]\AppData\Roaming\Skycoin.

    It seems like the older stuff doesn't get deleted from inside, so when you try opening the v0.19 wallet, it tries to use stuff from the v0.18 version.
    So yeah, try deleting everything including any hidden folders, then do a fresh install. It's probably the same for iOS. Hope this helps.
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