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Author Topic: [PoS+PoW] eXocoin [EXO]-gen 2.0- dev. from scratch! Give-Away | Open Beta  (Read 415591 times)
jubalix
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February 21, 2014, 08:15:39 AM
Last edit: February 21, 2014, 08:55:21 AM by jubalix
 #221

?
Not sure what you mean by that.

But maybe I just explain the process - I think this will answer your questionmark:

on launch day we will spread EXO to all investors and to the people from free mail-giveaway. But before we can deliver the EXO we need to have all investments in our wallets. The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional). If we would accept that someone finish his escrow some days after the launch then how could we calculate how much any investor will get? We cannot forecast if someone will release his funds somedays after launch or if he will reject it completely. That would change calculations.

One day before launch we will make those calculations and prepare the distribution.

However, if you finish your escrow so that it will be in our wallets at least one day before launch you have the following assurances:
- you can read the whitepaper
- you can take part in an open beta before you need to finish the escrow

regarding open beta: you will get the regular client (with little modifications) that will be used from launch day on as well. Little modifications means that it will only work within a testnet. You will receive some test-EXO automatically so that you can transfer and interact and use the whole program.

I hope that I could help you.

>>>YOUR REASON DOES NOT MAKE LOGICAL SENSE<<<<
Quote
The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional).


hang on a moment, you can calculate exactly how much to give on launch day. The Escrow, Anon, has the exact figures  for what he has collected and from whom. You can calculate exactly on this basis. given this information

Then you can send the coins exo coins to either Anon or the people directly, as Anon can verify their contacts, and then the LTC / BTC can be released to you.

Even then if a person does not chose to have anon release the coins, he can send the portion back to you (minus his fee) and if exo is that good you will have no problem selling them at nice profit.

You have loudly stated on your first page you can use escrow, and escrow means at the very least the escrow holds both parts. There is no way an escrow can give BT/LTC out to you before you give out you coins. THATS NOT ESCROW. Look at it this way. Would you give your proportion away to people who simply pledge to give you coins after you give them exo....? Because thats what your asking people to do.

PS I deal in large complex Escrows for big $$$ and this is how it works and what it means. I also hold a Degree in Law.

Your "definition" of escrow is asymmetric in your favour. Don't absue the words Escrow in this way. Also don't blame it on poor language as you clearly understand how to construct the deal in your favour.

The Escrow must hold both parts from both parties or control of both parts, or it's not an escrow.

And don't tarnish ANON136's rep of service with pejorative comments, to the effect thats a nice add on if you listen to your customer. You in RED loudly declared you could escrow and repeated it, then as soon as you got a real Escrow you attacked him, his clients and his service, when you realised you got what you asked for and you didn't like it

If you can do the maths and logic well enough to write new code in c++11, then you can easily work out proportions or stake from Anon136 information, he is even setting up a spread sheet.

Of course no coins will be released to you for a "beta" as in test net coins or similar  but only once the live working system is released with real exo coins that can not be voided by you or anyone else.

See even after escrow, the risk is you protocol fails and everyone loses their exo's, but we know the LTC and BTC protocols mean that they can't be clawed back

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zorke
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February 21, 2014, 08:27:29 AM
 #222

?
Not sure what you mean by that.

But maybe I just explain the process - I think this will answer your questionmark:

on launch day we will spread EXO to all investors and to the people from free mail-giveaway. But before we can deliver the EXO we need to have all investments in our wallets. The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional). If we would accept that someone finish his escrow some days after the launch then how could we calculate how much any investor will get? We cannot forecast if someone will release his funds somedays after launch or if he will reject it completely. That would change calculations.

One day before launch we will make those calculations and prepare the distribution.

However, if you finish your escrow so that it will be in our wallets at least one day before launch you have the following assurances:
- you can read the whitepaper
- you can take part in an open beta before you need to finish the escrow

regarding open beta: you will get the regular client (with little modifications) that will be used from launch day on as well. Little modifications means that it will only work within a testnet. You will receive some test-EXO automatically so that you can transfer and interact and use the whole program.

I hope that I could help you.


Quote
The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional).


hang on a moment, you can calculate exactly how much to give on launch day. The Escrow, Anon, has the exact figures  for what he has collected and from whom. You can calculate exactly on this basis. given this information

Then you can send the coins exo coins to either Anon or the people directly, as Anon can verify their contacts, and then the LTC / BTC can be released to you.

Even then if a person does not chose to have anon release the coins, he can send the portion back to you (minus his fee) and if exo is that good you will have no problem selling them at nice profit.

You have loudly stated on your first page you can use escrow, and escrow means at the very least the escrow holds both parts. There is no way an escrow can give BT/LTC out to you before you give out you coins. THATS NOT ESCROW. Look at it this way. Would you give your proportion away to people who simply pledge to give you coins after you give them exo....? Because thats what your asking people to do.

I completely agree with this one. I don't know but too many scams have been around lately, I don't know what to think about this one.
miramare
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February 21, 2014, 08:28:23 AM
 #223

?
Not sure what you mean by that.

But maybe I just explain the process - I think this will answer your questionmark:

on launch day we will spread EXO to all investors and to the people from free mail-giveaway. But before we can deliver the EXO we need to have all investments in our wallets. The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional). If we would accept that someone finish his escrow some days after the launch then how could we calculate how much any investor will get? We cannot forecast if someone will release his funds somedays after launch or if he will reject it completely. That would change calculations.

One day before launch we will make those calculations and prepare the distribution.

However, if you finish your escrow so that it will be in our wallets at least one day before launch you have the following assurances:
- you can read the whitepaper
- you can take part in an open beta before you need to finish the escrow

regarding open beta: you will get the regular client (with little modifications) that will be used from launch day on as well. Little modifications means that it will only work within a testnet. You will receive some test-EXO automatically so that you can transfer and interact and use the whole program.

I hope that I could help you.


Quote
The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional).


hang on a moment, you can calculate exactly how much to give on launch day. The Escrow, Anon, has the exact figures  for what he has collected and from whom. You can calculate exactly on this basis. given this information

Then you can send the coins exo coins to either Anon or the people directly, as Anon can verify their contacts, and then the LTC / BTC can be released to you.

Even then if a person does not chose to have anon release the coins, he can send the portion back to you (minus his fee) and if exo is that good you will have no problem selling them at nice profit.

You have loudly stated on your first page you can use escrow, and escrow means at the very least the escrow holds both parts. There is no way an escrow can give BT/LTC out to you before you give out you coins. THATS NOT ESCROW. Look at it this way. Would you give your proportion away to people who simply pledge to give you coins after you give them exo....? Because thats what your asking people to do.

As a potential investor, I totally agree with you.
That is what an escrow is!
instacalm
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February 21, 2014, 08:31:32 AM
 #224

I agree and propose:

eXo should be sent out first, followed by Anon136 sending the escrowed BTC/LTC to the dev team. Negotiate on a time both of you are available for this to happen.
miramare
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February 21, 2014, 08:33:58 AM
 #225

Devs, I think you should think about the above suggestions.

You know, previously, I doubted your quality in this thread and said I won't join in it.
Anyway, when Anon jumped in as an escrow, I'm back as I know my coins will be in a safe stage whatever happens to your project.
You can see, the investments increase greatly after Ason's in: from <5btc to > 30btc.
So let an escrow to be an escrow. You will gain more investments.
jubalix
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February 21, 2014, 08:36:13 AM
 #226

I agree and propose:

eXo should be sent out first, followed by Anon136 sending the escrowed BTC/LTC to the dev team.

that would also work and would be the mirror case to what exo is asking, but they won't like it.

though if Anon136 held both that would be fair to both parties.


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michaelb87
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February 21, 2014, 08:50:50 AM
 #227

@Anon: Is this you BTC adress for investment?
1J68eajnyueiLeYdaBUiVySFhPiwpafzmY

And can I send from my BTEr trading account?
wizzardTim
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February 21, 2014, 08:53:56 AM
 #228

Guys this will be so much bigger than NXT. Let's make it happen

Behold the Tangle Mysteries! Dare to know It's truth.

- Excerpt from the IOTA Sacred Texts Vol. I
wakasaki808
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February 21, 2014, 08:55:35 AM
 #229

Agree with above posts. If this is real then anon has stated who has given funds and how much has been given by each individual. As a result exo should release the coins first then anon can send over the investment.
tobeaj2meraa
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February 21, 2014, 08:57:33 AM
 #230

Sent : 0.14042407 BTC
TXID : d008c29ef0bf64dd7e4f9beeb1781e8c9eaba1969ae1e98d5e842c62c5b51c8d
Regards,
blackhatzw (both here and on the website)
instacalm
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February 21, 2014, 08:58:35 AM
Last edit: February 21, 2014, 09:32:10 AM by instacash
 #231

By the way, imho eXo_coin should not have started the IPO before releasing the white paper plus actual insight into exocoin's development. Like you said,
No need to trust us 100% while we did nothing other than writing nice text!

Anyhow good luck with the project!
jubalix
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February 21, 2014, 08:59:41 AM
 #232

Guys this will be so much bigger than NXT. Let's make it happen

Sarcasm much?

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roede94105
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February 21, 2014, 09:00:16 AM
 #233

I agree and propose:

eXo should be sent out first, followed by Anon136 sending the escrowed BTC/LTC to the dev team.

that would also work and would be the mirror case to what exo is asking, but they won't like it.

though if Anon136 held both that would be fair to both parties.



Agreed, they could send each other's exos and btc/ltc in small amounts and progressively so that both ensure they won't get scammed by a huge margin anyway.
michaelb87
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February 21, 2014, 09:02:41 AM
 #234

Send to Anon 0.51BTC
TXID: 0447524c3bd10dcf9b215250ae65db509b6b50d17f76436105f849ad850755ff
Username: Michaelb87, here and on the site
wizzardTim
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February 21, 2014, 09:13:09 AM
 #235

This will have a much fairer distribution, unlike NXT. +It's written in C++!!! What's better than C++? Nothing!

I feel that this coin might make something big in the cryptoworld. We'll see

Behold the Tangle Mysteries! Dare to know It's truth.

- Excerpt from the IOTA Sacred Texts Vol. I
free2yu
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February 21, 2014, 09:16:00 AM
Last edit: February 22, 2014, 11:14:20 AM by free2yu
 #236

     

     Sent : 0.1568 BTC
     TXID : 1GorpWXGjtbyPTTZMWPKGqx9AS5DFixh7f
Regards,
reg  in your web by  name:81167783.

please check it.thank you!

also ,after tomorrow ,how  to contact and recive  message ?

  add  :617e2a88f42cc3dd9ae374068b1a61d683ab26af01c9e1cead6e918cf1fa59c4

  please check !
seek4dream
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February 21, 2014, 09:19:12 AM
 #237

Devs, I think you should think about the above suggestions.

You know, previously, I doubted your quality in this thread and said I won't join in it.
Anyway, when Anon jumped in as an escrow, I'm back as I know my coins will be in a safe stage whatever happens to your project.
You can see, the investments increase greatly after Ason's in: from <5btc to > 30btc.
So let an escrow to be an escrow. You will gain more investments.

+1. much more investment will be gained with true escrow
SxC
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February 21, 2014, 09:29:07 AM
 #238

Looking good,Im in on this 1
pjtycn
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February 21, 2014, 09:30:46 AM
 #239

13602e2ca39505c742cbe4962576eb9fe2df38ce121aa48ec10798df2a64a5e6

0.1888BTC

I used the same username in Exocoin website.
please confirm.

Thanks!
SyRenity
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February 21, 2014, 09:38:47 AM
 #240

>>>YOUR REASON DOES NOT MAKE LOGICAL SENSE<<<<
Quote
The reason: the amount of EXO one investor will get on launch day depends on all investments that will be done till the end (propotional).


hang on a moment, you can calculate exactly how much to give on launch day. The Escrow, Anon, has the exact figures  for what he has collected and from whom. You can calculate exactly on this basis. given this information

Then you can send the coins exo coins to either Anon or the people directly, as Anon can verify their contacts, and then the LTC / BTC can be released to you.

Even then if a person does not chose to have anon release the coins, he can send the portion back to you (minus his fee) and if exo is that good you will have no problem selling them at nice profit.

You have loudly stated on your first page you can use escrow, and escrow means at the very least the escrow holds both parts. There is no way an escrow can give BT/LTC out to you before you give out you coins. THATS NOT ESCROW. Look at it this way. Would you give your proportion away to people who simply pledge to give you coins after you give them exo....? Because thats what your asking people to do.

PS I deal in large complex Escrows for big $$$ and this is how it works and what it means. I also hold a Degree in Law.

Your "definition" of escrow is asymmetric in your favour. Don't absue the words Escrow in this way. Also don't blame it on poor language as you clearly understand how to construct the deal in your favour.

The Escrow must hold both parts from both parties or control of both parts, or it's not an escrow.

And don't tarnish ANON136's rep of service with pejorative comments, to the effect thats a nice add on if you listen to your customer. You in RED loudly declared you could escrow and repeated it, then as soon as you got a real Escrow you attacked him, his clients and his service, when you realised you got what you asked for and you didn't like it

If you can do the maths and logic well enough to write new code in c++11, then you can easily work out proportions or stake from Anon136 information, he is even setting up a spread sheet.

Of course no coins will be released to you for a "beta" as in test net coins or similar  but only once the live working system is released with real exo coins that can not be voided by you or anyone else.

See even after escrow, the risk is you protocol fails and everyone loses their exo's, but we know the LTC and BTC protocols mean that they can't be clawed back

+1 - this how it should conduct to be called a real escrow, otherwise it's just a collection fund to be released by Anon.
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