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Author Topic: [SHS] Shares [Second Generation Crypto Currency] [Project Announcement]  (Read 30052 times)
Block_Erupter (OP)
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January 02, 2014, 04:17:03 PM
Last edit: January 15, 2014, 04:50:06 AM by Block_Erupter
 #1

Pm me for refund

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lololol3
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January 02, 2014, 04:18:50 PM
Last edit: January 05, 2014, 10:18:47 AM by lololol3
 #2

https://i.imgur.com/Aasvf8u.jpg


Metatron
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January 02, 2014, 04:25:06 PM
 #3

Can you pls clarify points B & C (under mining) as they seem contradictory.

TY

>>> If I've been of any help pls consider donating any cryptocurrency to my Cryptsy - [Trade Key: f400d7b9519d125b9908427c6ab1f28e918e3947] <<<
Block_Erupter (OP)
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January 02, 2014, 04:26:58 PM
 #4

Can you pls clarify points B & C (under mining) as they seem contradictory.

TY

Those are options we want you guys to pick. A,B, or C

canth
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January 02, 2014, 04:27:32 PM
 #5

How will the 96M Shares that aren't being sold be allotted?

Block_Erupter (OP)
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January 02, 2014, 04:30:51 PM
 #6

How will the 96M Shares that aren't being sold be allotted?

Through Mining. Its basically Like NXT. With NXT their is 1 Billion coins in existence while Shares has only 100 Million and in which 4 Million Shares are sold to users before Launch. Mining Shares will be a difficult task to do as mining will be different then what you see in Bitcoin and other Altcoins.

baishishi
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January 02, 2014, 04:31:40 PM
Last edit: January 08, 2014, 05:30:54 PM by baishishi
 #7

 Angry Angry Angry Angry Angry Angry
fanmeide
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January 02, 2014, 04:32:31 PM
 #8

FROZEN
 no longer maintain?
oh
forzencoin.org 404 !!!!!
Block_Erupter (OP)
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January 02, 2014, 04:33:33 PM
 #9

FROZEN
 no longer maintain?
oh
forzencoin.org 404 !!!!!

The mainpage is fixed redesigned right now. Go to the forum - http://frozencoin.org/forum/

Whoever donated 1 Btc please Pm me, thank you

fanmeide
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January 02, 2014, 04:39:18 PM
 #10

FROZEN
 no longer maintain?
oh
forzencoin.org 404 !!!!!

The mainpage is fixed redesigned right now. Go to the forum - http://frozencoin.org/forum/

Whoever donated 1 Btc please Pm me, thank you

You can write :Site upgrade
404 Not too friendly! Grin
MilliCoin
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January 02, 2014, 04:42:46 PM
 #11

Due to the nature of the implementation would you imagine it being more problematic than other alt coins for exchanges to list Shares?

When do you envisage development being complete?
Block_Erupter (OP)
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January 02, 2014, 04:44:55 PM
 #12

Due to the nature of the implementation would you imagine it being more problematic than other alt coins for exchanges to list Shares?

When do you envisage development being complete?

I believe it won't. Because with all the investors who wouldn't want to add Shares to their exchange. If they don't pick it up that is fine because we still have a private Marketplace/exchange for Shares. The future of Shares is gonna big and once its Launched we will have the support of the community.

fanmeide
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January 02, 2014, 04:51:25 PM
 #13

May be you can say:
FZ can Exchange SHS!
 Grin
Block_Erupter (OP)
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January 02, 2014, 05:02:49 PM
 #14

May be you can say:
FZ can Exchange SHS!
 Grin

Hmm. I'll think about it.

jiefangqian
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January 02, 2014, 05:04:25 PM
 #15

look

XBC:B7jR5zX8pBpyjyrcMMiYCQyLVLC6YZjFYh
nocoin
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January 02, 2014, 05:08:17 PM
 #16

Shares is based on PoS (proof-of-stake) system
Whitepaper on used algo?

Edit: nevermind, just saw this https://bitcointalk.org/index.php?topic=395758.0
canth
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January 02, 2014, 05:09:39 PM
 #17

How will the 96M Shares that aren't being sold be allotted?

Through Mining. Its basically Like NXT. With NXT their is 1 Billion coins in existence while Shares has only 100 Million and in which 4 Million Shares are sold to users before Launch. Mining Shares will be a difficult task to do as mining will be different then what you see in Bitcoin and other Altcoins.

NXT allotted all 1 billion coins on day 1, for which PoS coins have an argument about why this is a best practice. For SHS, what happens to the other ~ 96 million SHS on day 1 of launch? I understand that there will be an as of yet undetermined mining component - will the 96 million SHS not be allocated and only available through mining?

sumantso
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January 02, 2014, 05:13:29 PM
 #18

Watching.

Block_Erupter (OP)
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January 02, 2014, 05:13:49 PM
 #19

How will the 96M Shares that aren't being sold be allotted?

Through Mining. Its basically Like NXT. With NXT their is 1 Billion coins in existence while Shares has only 100 Million and in which 4 Million Shares are sold to users before Launch. Mining Shares will be a difficult task to do as mining will be different then what you see in Bitcoin and other Altcoins.

NXT allotted all 1 billion coins on day 1, for which PoS coins have an argument about why this is a best practice. For SHS, what happens to the other ~ 96 million SHS on day 1 of launch? I understand that there will be an as of yet undetermined mining component - will the 96 million SHS not be allocated and only available through mining?

The 96 million Shares will be mined through a complicated system that hasn't been completed yet. I believe that isn't the best practice for PoS coins. As the days pass on I will be available to give you more information about the Mining situation.

exokk
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January 02, 2014, 05:22:05 PM
 #20

hmmm I would like to invest 0.01 or 0.02 btc ---- not possible? :/

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