Liudehua2014
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March 29, 2014, 08:10:28 AM |
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Another IPO scam?
0 post account. Who are you?
Another Stackcoin. Yes, it'is.
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Numus (OP)
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March 29, 2014, 08:13:24 AM |
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no escrow , never join in
As mentioned earlier, investors may use optional escrow at their own discretion.
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Numus (OP)
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March 29, 2014, 08:17:15 AM |
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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.
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Liudehua2014
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March 29, 2014, 08:20:17 AM |
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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!
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InsertUsernameHere
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March 29, 2014, 08:32:28 AM |
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ShareCoin : SiAMsjQv2jG1epUS55V9pyz2CrxRLg4yAu
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wangxu1977
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March 29, 2014, 08:44:40 AM |
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this coin maybe good
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InsertUsernameHere
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March 29, 2014, 09:14:13 AM |
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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
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ShareCoin : SiAMsjQv2jG1epUS55V9pyz2CrxRLg4yAu
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powersup
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March 29, 2014, 09:28:11 AM |
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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.
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Numus (OP)
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March 29, 2014, 09:32:19 AM |
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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.
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nextgencoin
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March 29, 2014, 09:48:41 AM |
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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?
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Coinmin
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March 29, 2014, 10:15:05 AM |
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Too small percentage per annum with PoS...
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Duff___Man
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March 29, 2014, 10:21:15 AM |
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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.
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ShareCoin : SMiSgsNN3A8onLPU4bpAB17w6GJX4g8bU8
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InsertUsernameHere
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Activity: 67
Merit: 10
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March 29, 2014, 10:24:56 AM |
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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
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ShareCoin : SiAMsjQv2jG1epUS55V9pyz2CrxRLg4yAu
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InsertUsernameHere
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March 29, 2014, 10:50:30 AM |
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Too small percentage per annum with PoS...
A very high percenctage would discourage users from actually using the currency.
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ShareCoin : SiAMsjQv2jG1epUS55V9pyz2CrxRLg4yAu
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Duff___Man
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March 29, 2014, 01:24:35 PM |
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Any chance of getting a Chinese translation on the whitepaper?
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Numus (OP)
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March 29, 2014, 01:39:07 PM |
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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.
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lingyong1992
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March 29, 2014, 01:49:02 PM Last edit: March 31, 2014, 04:43:09 AM by lingyong1992 |
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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....
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blackhatzw
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March 29, 2014, 02:01:02 PM |
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Numus, mark it first
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ljp7839008
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March 29, 2014, 02:20:11 PM Last edit: April 10, 2014, 11:26:07 AM by ljp7839008 |
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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?
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