[IPO-ANN][NEON] :: Neon :: The Most Advanced Second Generation Currency

[2Kool4Skewl]

Op,

Nice job copying verbatim a lot of the sections of my first post in Nxt's thread.

Couldn't you at least write your own?  lol

I'll be investing in this for SURE!

[2Kool4Skewl]

You even copied the "::" in the name.  Hilarious.

[maco]

When?

[Anon136]

If you have two competing chains, how does the client software determine which chain is legitimate?

[panonym]

- serious message -

I read everything.

I'm skeptic.
I don't like everything, but there is some good idea.

Unfortunately there is too much scam with IPO.
Do you need this money? Doesn't your team have enough founds?
Take a look at the style of XCP dev (counterparty protocol).
Proof of burn is much more scam-proof.
Also, accepting 4 crypto is suspicious.
Better to stick just with LTC for exemple, choose one.

You should really consider publishing your partial whitepaper right now.
The complete well finished can wait a bit, but 'need something.
Also, I'm no techguy, but double spending is concerning.
Publish the code for this part at least. Or a very high quality whitepaper about it.
That's almost necessary if you wish to be considered serious.
Especially with IPO.

2 questions:
There is a contradiction in your first post.
A: you need million of NEON to forge
B: you get NEON just by running a node (same amount on crappy computer/connection & VPS 1Gb/s, ?)
So which is it? make it clear.

About your encrypted chat/messaging feature:
How do you prevent spam on IM? minimal fee? (fees goes to node or bagholder?)
I wish to see a descentralized email-like system, where I can give priority-reading/answering to the people that pay to contact me.
Free or minimal fee goes into 1 folder, a subalias or something.
Others are categorized between x$ & y$. Or classified by amount max to min.
'Details, but I think you get the idea.
Have you the skill to develop such a system?

[Anon136]

Op,

Nice job copying verbatim a lot of the sections of my first post in Nxt's thread.

Couldn't you at least write your own?  lol

I'll be investing in this for SURE!

if they are qualified, talented and writing all new code from the ground up, i dont see any reason not to support more competition. now just to figure out if they are qualified and talented.

[wizzardTim]

I support this

[2Kool4Skewl]

I just wanted to let everyone know that this coin is now obsolete.

[ANN] PRE-LAUNCH [7th GEN COIN] *BITCOIN 3.0* Fiat Killer

[ANN] PRE-LAUNCH [9th GEN COIN] *BITCOIN 7.0* Fiat Killer

[Nullu]

I'm selling my top spot in this thread for anyone who's interested.

If you're nuts enough to buy into this, then you can have it for 0.2 BTC. An absolute steal.

[NEONs]

Since it is Proof of Stake it will only be slightly superior to distribute the coins over a longer period of time, stakeholders will forge the newly distributed coins anyway. lol

"Written from scratch, in C. Not the Java crap that NXT uses (with all the code in one file lol)"
Pretty bold to say that without any evidence of your coin being even slightly superior.

Why would I invest in the 1st week?
I don't get any advantage investing then over those who do so in the 2nd week.
I'll just wait for the last second and decide then weather your coin is worth investing in.

@POS, yes the stakeholders will forge the majority of the fees distributed, but this will motivate them to help the network. If they dont want to get diluted they have to forge. Thus leading to more nodes and a better network security.

@mocking NXT. It was a LOL just from the viewpoint of how the code was constructed. If you look at the code of a regular programmer you will see a constant structure with many comments  ect. BCNext just wrote one big WOT so to say. It works for sure, but isnt pretty  Also i personally dislike Java, but that is personal.

@ investing in the first week. Well, lets put out example numbers: In the first week 5 BTC are invested. In the second 10 BTC. And after the code release suddenly 50 BTC are invested, you can clearly see that the number of NEONs per BTC is extremely different.

You can indeed get a free alias for each account you create, and AFTER 1 month you will be able to transfer them for the minimum fee. So tell me exactly how you profit from moving the free alias instead of just buying one for minimum fee

I'll just create tons of accounts then, running trough every word list I can get my hands on. automated.
If this takes off I'll sell them later.

@aliases. Well you can do that. But i dont see the point really. You only have to pay the minfee to create these aliases on one account. That is 0.01 NEONs at start, so basically an investment of a couple USD to register 10.000s of aliases...


Edit: im gonna answer all questions and accusations, but the forum is forcing the newbie jail on me (360s)

[Anon136]

can you be more specific about how this works

Every 1440 minutes the network will check how many nodes where online and supporting the network and reward 57600 NEONs proportional to the uptime of the nodes.

how does "the network" check this. the node that authors the block surely must make the decision about which nodes have been running and for how long those nodes have been running. what if that author lies? how does anyone know? how could any node possably know about ALL of the other nodes. how can everyone be expected to know about all of the nodes so they can know to reject the chain if the block author is lying?

[PeercoinEnthusiast]

Great, there should be no problem holding everyone's funds with a trusted escrow right?

[NEONs]

The ways that this is supposedly better than NXT are so obvious they could be implemented in NXT as well, even now.

Except the node running reward program. I don't see how you'll get that to work at all. It is nontrivial to figure out how good a node exactly is. Or do you reward all nodes the same? A Raspberry Pi at home the same as a 1GBit VPS? I don't think that'd be fair.

Other than the ideas being obvious or somewhat unrealistic, they're basically good ideas

@NXT well, atleast now they arent

@nodes If you read the OP carefully you will find the word MASTER NODE. The reward scheme will be altered that a master node will earn a substantially higher reward. When you fire up your node or master node the server will check if your system is capable of running that software up to the requirements. We have actually found a pretty clever system to detect if the nodes where running in a hostile mode or not.

why not 3rd gen?

2nd gen in our opinion is just the description for a newly coded currency and not a BTC or LTC clone.

hmm, interesting distribution system.
following!

@distribution. This system will make the network way more stable and resistant against attacks then the NXT network, that had a pretty hard fight because there was simply no incentive to deploy nodes BEFORE the attack.

IPOs are getting tagged as scam too quickly.
Better go back to scrypt with small premine imho..

hmm, interesting distribution system.
following!

You joking right?

@scrypt sucks. There is so much wrong with POW....

the guy's mocking NXT coding and yet his coin has the same purpose-Mining via fees. Copycat joke LOL. This is becoming pathetic really.

@NXT coding. I am not mocking their idea. It is great basically and was an inspiration. I was mocking how unprofessional their source code is structured...

hmm, interesting distribution system.
following!

You joking right?

Well it is interesting in fact.

Especially if they really have already realized all the features they are talking about.
I mean it sound like this coin is perfect and ready to go, hard to believe but we'll see in 3 weeks.

@perfekt. By no means is our code perfect, also our solutions might be superior to all the existing currencies, but the crypto world is changing so fast that we might have to fundamentally change something very soon. We will see.

But yeah the features will be awesome

[bahamapascal]

Great, there should be no problem holding everyone's funds with a trusted escrow right?

That is a good Idea

[Nullu]

Great, there should be no problem holding everyone's funds with a trusted escrow right?

That is a good Idea

Yep. I see absolutely no reason whatsoever why the OP shouldn't do this. None at all.

[NEONs]

"Written from scratch, in C. Not the Java crap that NXT uses (with all the code in one file lol)"

pretty immature to say..

1. Are you anonymous? Why are you anonymous?

2. In what dialect was Neon a greek equivalent for Novum? Maybe if you use neutrum... But no, Latin Novum in old Greek was singular "Neoi" or plural "Neos", but no Neon or even Neons.

@2 http://nautilus.fis.uc.pt/st2.5/scenes-e/elem/e01000.html

@1 Right now we are. Well basically, this system will be very powerful. There will be a distributed filestorage and feature to send a file directly using the chat connection to another alias. We can not and do not want to control what that is being used for. And in the end we dont want to be the ones that get fucked by the law because we enabled people...

Who are the developers ? given all kind of IPO scams recently. No one is going to give you money unless you can show some credibility. At least show that you know some technical details of what you are talking about. Explain the algorithm to ensure the distributed consensus ?

see above. You can ask all the questions you want and we will try to find time to answer all.
I will tell programmer Nr2 to write something about that tomorrow. He wrote that part (also in the WP)

You even copied the "::" in the name.  Hilarious.

That was a joke. I was hoping someone finds it. Everything is superior (well we try) so we decided to even put 2 times the :: into the header. hahaha

When?

When what? The IPO for the first week is already running.

[Anon136]

Great, there should be no problem holding everyone's funds with a trusted escrow right?

I would be happy to provide escrow for mr neons.

[panonym]

Lost my time writting...
Without me.

I upload 100GB and you vaporware descentralized filestorage is dead.
Or that's just bittorrent and you propose nothing new.

[nesco1805]

Lost my time writting...
Without me.

I upload 100GB and you vaporware descentralized filestorage is dead.
Or that's just bittorrent and you propose nothing new.

The best thing is OP ccb to answer the best post so far, ie yours. Oh and the escrow thingie...
Not to mention he doesnt want to post from his real acc

[User705]

How do you intend to maintain and update the development of the software if you desire to strongly remain anon?