[ANN][POW][XPP] PrivatePay - Secure and Private | Payment Ecosystem | Revolusion

[XEFUZ]

LINKS
Website - https://goprivatepay.com
Explorer – https://explorer.goprivatepay.com (Currently Running Testnet)
Official pool – https://pool.goprivatepay.com (Live on Mainnet)
GitHub - Released on Mainnet


DOWNLOADS
GUI Wallet – Released on Mainnet
CLI (Windows) – Released on Mainnet
CLI (Linux) - Released on Mainnet

SOCIAL
Discord - https://discord.gg/GeZH7bw
Telegram – https://t.me/joinchat/ImK8-BDtR1JGg0nvvasnBg
Twitter - https://twitter.com/pay_private

SPECIFICATIONS
- 18.4 Million Max Supply
- 120 Second Block Time
- Linear Block Rewards (Decreasing Over Time)
- Cryptonight-Fast PoW (ASIC Resistant and Nicehash Resistant)
- 10% Premine

LAUNCH
Mainnet will be launched on the 30th of June.

WHAT IS PRIVATEPAY
PrivatePay is a privacy currency that will bring you closer to real life usage in cryptocurrency.
We are currently working on bringing debit cards that transfers PrivatePay currency directly to a bank account Sort Code & Account Number. PrivatePay Debit Cards will be available giving users the ability to withdraw XPP directly from an ATM machine around the globe.

OUR MISSION
We want a method to allow new/experienced Cryptocurrency members to get involved, One of the most troublesome tasks is transferring your cryptocurrency to fiat and with new restrictions occuring on a daily basis. PrivatePay wants
to step in and remove the restrictions and difficulties. We strive to be User Friendly and providing applications that the not so tech savvy can use, Blockchain technology is wonderful and we believe that it can blossom
in the day to day life in the real world.

USE CASE
Jilian spends a lot of time mining PrivatePay and she's accumulated a large amount of coins, However... She is not that familiar with exchanging them to fiat and see's a lot of nasty fee's along the way. She decides to purchase a debit card from PrivatePay
which links to her address, Once setup she goes to the nearest ATM and withdraws her XPP directly from the machine and walks away happy. Later that month she notices her rent bill has bounced and decides to setup a direct debit with the in-house PrivatePay banking application.
When the bill is due to come out PrivatePay takes care of everything and her landlord is smiling once again.

WHY PRIVATEPAY
We are a talented team that have experience in all areas and the ability to drive this coin to be something wonderful. We strongly believe that community matters and we are always open to suggestions and opinions, We've sat and
watched many coins fail due to developers or the team not communicating with their clients - We will ensure this will not happen as we want to build our community with a positive vibe.

PREMINE EXPLAINED
4% Spent - PrivatePay will become a legal entity and therefor legal costs together with development of our debit cards will become quite expensive. These funds will further our already initial investment involving legal companies into our project.
4% Spent – Marketing will be one of the most important aspects of PrivatePay, Exchange Listings
1% Spent – Expenses for servers. If any of this percentage remains it will be put to use for marketing
1% Spent – Developer coins that will be released at month end.

PRIVATEPAY ROADMAP
Q2 2018 - Mainnet Launch
Q3 2018 - Web Wallet, Mobile Wallets, API Testing, Marketing Campaigns
Q4 2018 - Selection of Members to Receive Free Debit Cards [Alpha Testing]
Q4 2018 - Mobile Banking Style App Development
Q1 2019 - Release another batch of Debit Cards [Beta Testing]
Q1 2019 - Release Mobile Banking Application
Q1 2019 - Penetration Testing / Penetration Test Bounties
Q2 2019 - Debit Cards Released
-- More to Come --

FEATURES
Send PrivatePay securely
Enforced RingCT 12
Withdraw fiat from an ATM using your PrivatePay debit card
Mobile applications (Android & iOS)
Bulletproof
LWMA Difficulty Algorithm to combat attacks on the network


TEAM MEMBERS
Phil (44, American) CEO/Entrepreneur Investor - Phil is a major asset to the team, He is the one driving the Currency finacially and all team members report to him.
Jake (29, Australia) Android and iOS developer
Micheal (42, America) C++ specialist and basic PHP skills
Mykyta (31, Ukraine) Graphic designer / Web developer
Jessica (23, America) Marketing and social networking
Andrew (35, Britain) Financial advisor and general advisor

Where is the whitepaper?

"We have partnered with a company that offers a revolutionary service within the Cryptocurrency industry. They provide us with the ability to use Debit Cards, these cards link transactions directly into our blockchain.

XPP will be taken from your deposit balance and automatically sent to the 3rd Party API. You balance will then be sold instantly credited to your debit card. This method allows the user to instantly access funds via an ATM Machine and withdraw your funds or spend directly in a store"

Who are you partnered with? Please explain how this "revolutionary service" works and why we shouldn't just invest in this company that offers the "revolutionary service" instead of PrivatePay.

Who will be issuing the debit cards?  We know from other projects they can't be Visa/MC cards because they roadblock crypto transactions on their network. Hence all the issues with Litepay and TenX

If you back read they're still working on their white paper might they will release few days before the launch.

[flake213]

Will there be a bounty?

What is the total supply of your coin?

Algo?

[rgsnedds]

10% premine out of 18 milions? you lost me from the begining. a pow coin with a 10% premine is dead from the start.

Sadly in this day and age everything costs money, without a premine we won't be able to do what we are set out to do.
Decent exchange listings costs money and so does legal services.

With exchange prices rising every week, we want to ensure that we can compete with other currencies.

normally, i wouldn't touch this kind of thing but responder here has a point, crypto has gone haywire since the ICO and masternode scams and it does often now take some kind of premine to get large-scale projects off the ground quickly.

I am assured that the premine will not affect miners rewards, and as soon as I see any kind of manipulation on price (whether it be through the dumping of the premine or other malpractice) I, like the majority of other members of this community will simply down-tools and move onto another coin.

to make this work, the devs are going to need to be patient with that premine and allow miners to build the network.

At the end of the day, if the price crashes due to the dumping of the premine, the network will stop with no miners and the coin will die. Look at the recent LitecoinCash thing... the devs hadn't a clue how to launch, nor sustain a viable cryptocurrency.

I'm not the kind of person to give second chances, so this development team, for me, need to get this right, first time, or i'm out.

good luck.

[anotio]

Your project is a hella of work, hope it will not be dead just like the others.  

[ranggenga]

This is so interesting concept of cryptocurrency. It has an ATM that enabled us to check our fund easily just like when we use regular bank account.
This way will also makes any kind of transaction easier.

[Awzgg]

Will there a physical card to be distributed once your project is in the finalization?

[PrivatePayNetwork]

I;m waiting for the mainnet on June 30, for me be able to mine. By the way your project is not bad, hope it will not be jinxed. Good luck.

There will be no jinxing. Everything will be okay

Will there a physical card to be distributed once your project is in the finalization?

We want to distribute physical cards. We have spoken to a few companies that will this possible for us.

Your project is a hella of work, hope it will not be dead just like the others. 

It is indeed lot's of work. But nothing is too big, we are confident and have the right contacts going forward.

10% premine out of 18 milions? you lost me from the begining. a pow coin with a 10% premine is dead from the start.

Sadly in this day and age everything costs money, without a premine we won't be able to do what we are set out to do.
Decent exchange listings costs money and so does legal services.

With exchange prices rising every week, we want to ensure that we can compete with other currencies.

normally, i wouldn't touch this kind of thing but responder here has a point, crypto has gone haywire since the ICO and masternode scams and it does often now take some kind of premine to get large-scale projects off the ground quickly.

I am assured that the premine will not affect miners rewards, and as soon as I see any kind of manipulation on price (whether it be through the dumping of the premine or other malpractice) I, like the majority of other members of this community will simply down-tools and move onto another coin.

to make this work, the devs are going to need to be patient with that premine and allow miners to build the network.

At the end of the day, if the price crashes due to the dumping of the premine, the network will stop with no miners and the coin will die. Look at the recent LitecoinCash thing... the devs hadn't a clue how to launch, nor sustain a viable cryptocurrency.

I'm not the kind of person to give second chances, so this development team, for me, need to get this right, first time, or i'm out.

good luck.

Actually, we completely agree with you. There's so many dodgy masternodes ico's scams, we won't be one of them. All we are asking is a fair chance to prove what we can do! There will be no dumping of the premine.

[Awzgg]

I would like to know how much will the cards it cost? Will there be a verification? will it available world wide?

[Mafdet]

Seems interesting even your mobile version wallet I would like to try it out soon with a friendly interface. Your OP still lacking of info that I'm looking for, waiting forward in your main launch.

[HeyYing]

This is amazing, where you can store your coins with ease and can be withdraw through ATM. Very convenient.

[Uchiage]

What is the advantage of buying your coin with credit/debit compared to other cryptocurrencies?

[Uchiage]

Did you already have a partnership in some exchanges?

[PrivatePayNetwork]

Did you already have a partnership in some exchanges?

We have had some small exchanges contact us through here but we are not speculating the moves we make in terms of exchanges right now, We want to aim for large exchanges.

[3dyx]

waiting for this mainet launching. i will join mining for this project. thank you

[Uchiage]

Did you already have a partnership in some exchanges?

We have had some small exchanges contact us through here but we are not speculating the moves we make in terms of exchanges right now, We want to aim for large exchanges.

That's will be wise move on your side. Excited for the mainnet launching.

[Glovokin]

waiting for this mainet launching. i will join mining for this project. thank you

Same here, bookmarked this thread.

[PrivatePayNetwork]

waiting for this mainet launching. i will join mining for this project. thank you

Glad to have you on board!

i'm making a paper wallet vanity address, which i reckon will probably take til mainnet launch to generate 

Goodluck with that

Will there be a bounty?

What is the total supply of your coin?

Algo?

This information is on our announcement
SPECIFICATIONS
- 18.4 Million Max Supply
- 120 Second Block Time
- Linear Block Rewards (Decreasing Over Time)
- Cryptonight-Fast PoW (ASIC Resistant and Nicehash Resistant)
- 10% Premine

[mangkel]

i'm making a paper wallet vanity address, which i reckon will probably take til mainnet launch to generate 

I am less familiar with your opinions but if I think this project is very good and suitable for long-term investment

[flexmankz]

need a pool?

[PrivatePayNetwork]

need a pool?

Anyone is welcome to make a pool