[ANN][IPO] Numus (Pow/Pos - Scrypt-Jane) | Decentralized Exchange |Cloud Storage

[Liudehua2014]

Another IPO scam?

0 post account. Who are you?

Another Stackcoin. Yes, it'is.

[1715494400]

1715494400

[1715494400]

1715494400

[1715494400]

1715494400

[Numus]

no escrow  , never join in

As mentioned earlier, investors may use optional escrow at their own discretion.

[Numus]

Another IPO scam?

0 post account. Who are you?

Another Stackcoin. Yes, it'is.

We have kept our identities unknown, mainly for privacy reasons. Please take a look at what we have posted first before prematurely making accusations solely based on the fact that we are offering an IPO.

[91porn]

no escrow  , never join in

As mentioned earlier, investors may use optional escrow at their own discretion.

Anon136
https://bitcointalk.org/index.php?action=profile;u=3028

He is great man which we can trust
You can ask him to escrow

https://bitcointalk.org/index.php?topic=540017.msg5959495#msg5959495

[Liudehua2014]

no escrow  , never join in

As mentioned earlier, investors may use optional escrow at their own discretion.

Anon136
https://bitcointalk.org/index.php?action=profile;u=3028

He is great man which we can trust
You can ask him to escrow

https://bitcointalk.org/index.php?topic=540017.msg5959495#msg5959495

Yes, the BTT escrow should be better. And Anon136 is full qualified.
Anyway, he doubled the escrow fee from 0.01btc to 0.02btc. A bad news...

BTW, your name is famous!

[InsertUsernameHere]

Anon136
https://bitcointalk.org/index.php?action=profile;u=3028

He is great man which we can trust
You can ask him to escrow

https://bitcointalk.org/index.php?topic=540017.msg5959495#msg5959495

lol, great username

[wangxu1977]

this coin maybe good

[InsertUsernameHere]

I've read the whitepaper, but the only thing that really concerns me is regarding the Decentralized Exchange. Though I see no current flaws in it, there may be ways to sort of abuse it.

In the end I see one of three ways abuse would be attempted:

1) [John claims he did not receive $200 but actually did. John declines.]
John = +$200, -2.1 NMS
Jenny = -0.1 NMS

2) [Jenny claims to have sent $200, but actually did not. John declines.]
John = -2.1 NMS
Jenny = -0.1 NMS

3) [Jenny claims to have sent $200, but actually sent $100. John either accepts or declines.]
This is a mutual destruction scenario in which some interesting game theory may end up coming into play.

3a) John declines (mutual destruction)

John = +$100, -2.1 NMS
Jenny = -$100, -0.1 NMS

3b) John accepts (John realizes that either way he will lose 2 NMS but this will save him the collateral 0.1 NMS)
John = +$100, -2 NMS
Jenny = -$100, +2 NMS

[powersup]

I don't know about others, but I would prefer to see these coins with a small premine as opposed to IPO.  I understand coin development cost time and money, however pre-mine encourages the dev to stick with the coin and develop it so their pre-mine becomes worth something. too many IPO's lately where the dev promises the world and then is hardly seen after launch.  On the face of it this coin looks good but the IPO in my view is a deterrent.

[Numus]

I've read the whitepaper, but the only thing that really concerns me is regarding the Decentralized Exchange. Though I see no current flaws in it, there may be ways to sort of abuse it.

In the end I see one of three ways abuse would be attempted:

1) [John claims he did not receive $200 but actually did. John declines.]
John = +$200, -2.1 NMS
Jenny = -0.1 NMS

2) [Jenny claims to have sent $200, but actually did not. John declines.]
John = -2.1 NMS
Jenny = -0.1 NMS

3) [Jenny claims to have sent $200, but actually sent $100. John either accepts or declines.]
This is a mutual destruction scenario in which some interesting game theory may end up coming into play.

3a) John declines (mutual destruction)

John = +$100, -2.1 NMS
Jenny = -$100, -0.1 NMS

3b) John accepts (John realizes that either way he will lose 2 NMS but this will save him the collateral 0.1 NMS)
John = +$100, -2 NMS
Jenny = -$100, +2 NMS

John and Jenny don't have any prior knowledge of each other. When posting the trade order on the exchange only the traders Numus addresses are shown (banking details are transferred once the payment has been initiated) thus anonomity is ensured. The network automatically links to two open trade orders from Jenny and John, so they have no possible knowledge of each other besides their Numus address and thus no prior incentive to scam each other.

[nextgencoin]

Only 2.5% divided by stakeholders? Whats the point of investing, people will only get a tiny fraction of total coins if the IPO is even mildly popular. Pass for now...

I'm not saying the coin if legit doesn't look interesting but its a terrible opportunity for early investors, you got to increase the potential for those who are willing to risk capital otherwise why would they bother?

[Coinmin]

Too small percentage per annum with PoS...

[Duff___Man]

Too small percentage per annum with PoS...

I think its mostly to keep the price stable over time so that price of Numus doesn't decrease as inflation increases.

[InsertUsernameHere]

I've read the whitepaper, but the only thing that really concerns me is regarding the Decentralized Exchange. Though I see no current flaws in it, there may be ways to sort of abuse it.

In the end I see one of three ways abuse would be attempted:

1) [John claims he did not receive $200 but actually did. John declines.]
John = +$200, -2.1 NMS
Jenny = -0.1 NMS

2) [Jenny claims to have sent $200, but actually did not. John declines.]
John = -2.1 NMS
Jenny = -0.1 NMS

3) [Jenny claims to have sent $200, but actually sent $100. John either accepts or declines.]
This is a mutual destruction scenario in which some interesting game theory may end up coming into play.

3a) John declines (mutual destruction)

John = +$100, -2.1 NMS
Jenny = -$100, -0.1 NMS

3b) John accepts (John realizes that either way he will lose 2 NMS but this will save him the collateral 0.1 NMS)
John = +$100, -2 NMS
Jenny = -$100, +2 NMS

John and Jenny don't have any prior knowledge of each other. When posting the trade order on the exchange only the traders Numus addresses are shown (banking details are transferred once the payment has been initiated) thus anonomity is ensured. The network automatically links to two open trade orders from Jenny and John, so they have no possible knowledge of each other besides their Numus address and thus no prior incentive to scam each other.

Okay thanks for the answer

[InsertUsernameHere]

Too small percentage per annum with PoS...

A very high percenctage would discourage users from actually using the currency.

[Duff___Man]

Any chance of getting a Chinese translation on the whitepaper?

[Numus]

Any chance of getting a Chinese translation on the whitepaper?

We are currently working on a Chinese translation both for this thread and the whitepaper.

[lingyong1992]

Time horizon is too long.
During the months, there will happen so many indefinite event.
So I think the investment is too risky.
But I am interested in the Cloud Storage.
During the months, there are so many coins come out , such as emu, nem, skycoin, nex, zerocoin....
I don't think this will alive....

[blackhatzw]

Numus, mark it first

[ljp7839008]

 info about how fast the block reward decreases. (in time)
No formula for block reward.
No way to know the effective size of the premine. (how long does it take to catch up for the miners.
and,so What about upcoming ASIC's, which have the potential to push Scrypt (possibly Scrypt-Jane) coins difficulty to the stratosphere, making Numus mining non-accessible (yet again) for everyone except the few industrial datorhalls?