[PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync

[jox]

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[pandacoin-official]

Any thoughts about putting out a bounty for anonymous transactions, encrypted messaging in the wallet, stuff like that? These are the areas that are hot right now.  The coins doing it (or saying they'll do it) are dry, techy and kind of soulless (XC, XLB, Cinni, Darkcoin, Blackcoin).  The combination of Panda's lighthearted, pleasant image combined with hard-core tech would be unbeatable. 

The field seems wide open:  Darkcoin rose, and then fell because their tech is buggy, Blackcoin imploded because of team issues, XLB might be a scam, Cinni made promises but never delivered.  Today it is XC's turn in the spotlight.  They have good tech which is (as usual) doesn't seem like it was stress tested against what full real world implementation will bring.  I suspect they'll slip back down into obscurity pretty soon once things start to break.

The market for altcoins is not the general consumer (yet).  It is the anti-bank activist, the miner, the investor, the whale and the minnow who buy, mine or trade into these things because they figure their coin of choice could be the next Bitcoin.  It is very unlikely altcoins will ever be used at general retail or in restaurants.  Some payment processor will issue you a Visa card that you can link to your altcoin account(s) and they'll handle the fiat conversion etc. behind the scenes (I think Blackcoin does something like already).  To Panda Express, it'll be just another Visa card ATM transaction.  To succeed, Panda has to appeal more to the techy, finance oriented geek constituency.  Panda is consistently between 38 - 42 on Coinmarketcap which is great but much more is possible.

An anonymity related feature has been in the talks for quite some time now but the problem with that would be the approach that guarantees sustainability.

Obviously I could be standing here telling you about the certainty of an implementation but this will create unnecessary hype, so I'll just say that we're considering it at this point and are actively looking into options to get it up and running.

Right now, as ozzke mentioned, there's another major feature being worked on however that should give us a good amount of spotlight.

[jox]

[jox]

Right now some sea-pandas buying PND on mintpal 

[phzi]

An anonymity related feature has been in the talks for quite some time now but the problem with that would be the approach that guarantees sustainability.

Obviously I could be standing here telling you about the certainty of an implementation but this will create unnecessary hype, so I'll just say that we're considering it at this point and are actively looking into options to get it up and running.

Interesting.  If you're going to implement a transaction anonymizing feature, please do it with ring signatures and not central nodes.  Panda should stay truly p2p, not quasi-centralized like the ever-sketchy DarkCoin.

[minairia3]

No rush ... but speed is of the essence.  Look at XC blasting up to the top today.  Their stuff is unproven skunks-work code (brilliant but untested).  People are dumping Darkcoin for XC.  There's a nice spot there for number 2 or even 1 of the anon coins if XC farts out for the usual reasons (someone finds a hidden pre-mine, developer goes radio-silent, dueling whales manipulate it down to 2 satoshi and swim off, code melts down, etc.) Dogecoin followed a mentality of nice community, don't worry about profit, peace/love etc. and these days they're just multipool food for POS coins (like Panda, LOL). Remember, as cute as Pandas might be they also have really nasty sharp pointy teeth as well.

An anonymity related feature has been in the talks for quite some time now but the problem with that would be the approach that guarantees sustainability.

Obviously I could be standing here telling you about the certainty of an implementation but this will create unnecessary hype, so I'll just say that we're considering it at this point and are actively looking into options to get it up and running.

Interesting.  If you're going to implement a transaction anonymizing feature, please do it with ring signatures and not central nodes.  Panda should stay truly p2p, not quasi-centralized like the ever-sketchy DarkCoin.

[bdanyo]

I'll even put my money where my mouth is:  I'll chip in $1000.00 US if the tech for anon transactions is implemented, actually works for a couple of weeks against the full blast of general use and boosts Panda's value to where I can go to Cryptsy or Mintpal and cash out a couple of bitcoins or so from my Panda hoard.  From what I've seen re the shitty quality of bountied wallets, etc. I want to see working results first anyway.  We should call it "Black Panda" or something.  I think we can aim for what Dogecoin valuation was about a month ago (about 1000 doge per dollar) so that would be 1,100,000 pandas or so at that point. I can coordinate with the developers here on the forum to keep everything open and legit.

Any thoughts about putting out a bounty for anonymous transactions, encrypted messaging in the wallet, stuff like that? These are the areas that are hot right now.  The coins doing it (or saying they'll do it) are dry, techy and kind of soulless (XC, XLB, Cinni, Darkcoin, Blackcoin).  The combination of Panda's lighthearted, pleasant image combined with hard-core tech would be unbeatable.  

The field seems wide open:  Darkcoin rose, and then fell because their tech is buggy, Blackcoin imploded because of team issues, XLB might be a scam, Cinni made promises but never delivered.  Today it is XC's turn in the spotlight.  They have good tech which is (as usual) doesn't seem like it was stress tested against what full real world implementation will bring.  I suspect they'll slip back down into obscurity pretty soon once things start to break.

The market for altcoins is not the general consumer (yet).  It is the anti-bank activist, the miner, the investor, the whale and the minnow who buy, mine or trade into these things because they figure their coin of choice could be the next Bitcoin.  It is very unlikely altcoins will ever be used at general retail or in restaurants.  Some payment processor will issue you a Visa card that you can link to your altcoin account(s) and they'll handle the fiat conversion etc. behind the scenes (I think Blackcoin does something like already).  To Panda Express, it'll be just another Visa card ATM transaction.  To succeed, Panda has to appeal more to the techy, finance oriented geek constituency.  Panda is consistently between 38 - 42 on Coinmarketcap which is great but much more is possible.

If you are serious about chipping in $1000 USD towards a bounty to implement anonymous features for Pandacoin (PND) and if you put it towards our community chest, we can see it done most likely within a relatively short period of time easily. We can outsource it to other developers whilst our internal developers stick along with our current plans and work on major developments in the order that we had set. This way, we can release multiple major coin upgrade features which would be very nice publicity for the coin.

Pandacoin (PND) Development Community Chest accounts:

PND: PBAdSebKmFuDUJP257xReuLnijkAtsP25E
BTC: 1AtPFanV3kMnWzuRSocZPfrf6V5mjJHoDE
LTC: Li1dUae3dd4qZQHKXXV5gFKBqmWAyRJm3m
DOGE: DCQ28wVSdFd1np74trvtSRn99edVCqGui9

We have to be careful with our approaches on developments. We don't want to seen as a coin that only copies other technologies from those 'new tech prototype' coins that keep coming out. Obviously to ensure Pandacoin's (PND) survival we will keep up to date with what is relevant in terms of coin technologies, by picking the best ones to adopt, but we also would like to do our part and develop our own ones (which we are) which will have other coins copy Pandacoin (PND) coin technologies!

[barryzand]

I'm reading some good stuff here... 

[chrisbeaver71]

Fucking glad I bought in. This shit is gonna be big.

Guys don't forget about cryptsy.  We need a major exchange to work with

[chrisbeaver71]

Problem with doge is that it's devs are afraid to try anything radical besides being the first to copy bitcoins new client.

[phzi]

No rush ... but speed is of the essence.  <snip>

I agree that there is no rush, but I don't think that speed is quite so important.  Having a solid anonymous spending feature is more important then having any old anonymous spending feature.

Panda needs staying power, not quick bumps in price (which are always followed by quick falls).  And staying power will come from carefully adopted features, community support, and services utilizing the coin.

Anonymous spending is a flavor of the month, with lots of experimental implementations popping up.  One of these implementations is going to emerge victorious, eventually, and will then likely be adopted by many coins.  I fail to see how first to market on these features (specifically when they are having so many problems), is relevant.  Let DRK and XC have their day in the sun... it probably won't last.

[vested]

How many pandas can you spot? 

9?

[bdanyo]

The Daily Panda

The Pandacoin (PND) Development Bounty List is released!

Because our developers are currently involved and working on core infrastructure and major developments which are aimed to redefine the crypto-space, we have released a list of PND developments that could be developed for a Pandacoin (PND) bounty reward. To see the list of developments that are available for a bounty, please visit (http://www.reddit.com/r/PandacoinPND/comments/26lqyx/pandacoin_pnd_development_bounty_list/)

Support the PND Development Community Chest

Want to do your part and support the Pandacoin (PND) development team and the community by speeding up and having more future developments? Why not donate to the ‘Pandacoin (PND) Development Community Chest’ here:

PND: PBAdSebKmFuDUJP257xReuLnijkAtsP25E
BTC: 1AtPFanV3kMnWzuRSocZPfrf6V5mjJHoDE
LTC: Li1dUae3dd4qZQHKXXV5gFKBqmWAyRJm3m
DOGE: DCQ28wVSdFd1np74trvtSRn99edVCqGui9

Donors of over 1 million PND / .05 BTC / 1 LTC / 40 000 DOGE will be listed on our Pandacoin (PND) Donors Hall of Fame page that would be created for our new homepage.

Please let us know, if you would like to donate specifically to a particular listed bounty project, in order to attract potential development bounty hunters easier with a higher bounty! We will edit the keep the bounty list up to date.

The PND Development Community Chest wallets will be transparent and available for public viewing, with all proposed developments utilizing the Community Chest be announced to the community in a professional fashion.

The Pandacoin (PND) development team adds 2 new members!

We are proud to announce that we've recently had 2 new dev members joining the Pandacoin (PND) dev team to assist in development of the coin and to grow the PND community!

Brolong - Commerce development and marketing
Ozzke - Digital online marketing (SEO, SEA, SEM)

This brings the number of dev members to 9 individuals. We have a healthy mix of software/web/coin developers and coders, PR, marketers and administrators to take Pandacoin (PND) and its community forward in the direction that is in alignment with the official vision statement that was released (http://thepandacoin.org/vision.pdf).

The Pandacoin (PND) development team is still recruiting!

We are always on the lookout for dedicated members from the community that are interested in joining the Pandacoin (PND) development team on this exciting journey that we are currently embarking.

Currently we are seeking a graphics designer and a CSS front end web designer. However if you are an interested software/web/coin coder or promoter/marketer that wants to help take Pandacoin (PND) to the next level, we are happy to have add you to our current diverse line up of dev members!

If you are interested in becoming a Pandacoin (PND) development team member, please contact Bdanyo -

PM on bitcointalk
Hop on our IRC (#PandacoinPND at irc.freenode.net) and PM 'Bdanyo'
Email: pr@thepandacoin.org

Pandacoin (PND) Proof of Stake FAQ released!

A highly requested document from the community, the Pandacoin (PND) development team have compiled a FAQ addressing many of the commonly asked questions in regards to PoS.

Check it out if you would like to know more about how PoS and staking works:

http://thepandacoin.org/doc/pos_faq.pdf

Can I still mine Pandacoin (PND) directly with my mining rig?

With Pandacoin (PND) as a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative crypto-currencies and exchange them for Pandacoin (PND) through our ever growing mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
With Pandacoin (PND) as a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative crypto-currencies and exchange them for Pandacoin (PND) through our ever growing mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
Website: http://multi.pandapool.info
 
Twitter: https://twitter.com/pndpool
Subreddit: http://reddit.com/r/multipanda
Bitcointalk thread: https://bitcointalk.org/index.php?topic=552464.0
Email: admin at pandapool dot info
 
A chance to win up to 10 million Pandacoins (PND) every 24 hours!

We have implemented a Pandacoin (PND) IRC Lotto Faucet system, where you can type the following commands on our irc channel every 24 hours for a chance to win up to 10 million Pandacoins (PND): !lotto !panda or !gimme

It works by a lotto system, where you get one try every 24 hours:

Normal payouts = 300-500 PND
1/10 chance = 1,000 PND
1/100 chance = 10,000 PND
1/1,000 chance = 100,000 PND
1/10,000 chance = 1 million PND
1/100,000 chance = 10 million PND

So join us on #PandacoinPND on freenode.net to try out the Lotto-Faucet commands !lotto !panda !gimme, have a chance of winning up to 10 million Pandacoins (PND) every 24 hours and chat with the fellow Pandas and the dev team!

Weather forecast of our IRC channel (#PandacoinPND at irc.freenode.net) - Heavy PND rain!

We have implemented a new !rain tip function, where our pandas can type !rain <AMOUNT OF PND> and give everyone on our irc channel some PND love!

There is also a function of selecting the amount of random individuals that you want to 'PND Rain' on: !rain <Amount of PND> <Amount of People>

The Pandacoin (PND) Weatherman predicts more torrential PND heavy raining on our IRC channel for now.

For the latest news and updates regarding our coin, check out our social media accounts

Twitter: https://twitter.com/PandacoinPND
Facebook: https://www.facebook.com/Pandacoin.PND
Reddit: http://www.reddit.com/r/PandacoinPND

[minairia3]

I am very serious and willing to sign an actual paper contract.  My conditions for payment would be completion of a working anon feature that stands-up to community scrutiny and real world use for two weeks. Panda's valuation would have to go up to $1 = 1000 Panda (just like Doge during the good times) during this period.  We can work out details.  I think I'm being realistic; look at XC and Darkcoin and their software isn't even really finished yet.  XC just rises and rises on the back of half done closed source code.

I'll even put my money where my mouth is:  I'll chip in $1000.00 US if the tech for anon transactions is implemented, actually works for a couple of weeks against the full blast of general use and boosts Panda's value to where I can go to Cryptsy or Mintpal and cash out a couple of bitcoins or so from my Panda hoard.  From what I've seen re the shitty quality of bountied wallets, etc. I want to see working results first anyway.  We should call it "Black Panda" or something.  I think we can aim for what Dogecoin valuation was about a month ago (about 1000 doge per dollar) so that would be 1,100,000 pandas or so at that point. I can coordinate with the developers here on the forum to keep everything open and legit.

Any thoughts about putting out a bounty for anonymous transactions, encrypted messaging in the wallet, stuff like that? These are the areas that are hot right now.  The coins doing it (or saying they'll do it) are dry, techy and kind of soulless (XC, XLB, Cinni, Darkcoin, Blackcoin).  The combination of Panda's lighthearted, pleasant image combined with hard-core tech would be unbeatable.  

The field seems wide open:  Darkcoin rose, and then fell because their tech is buggy, Blackcoin imploded because of team issues, XLB might be a scam, Cinni made promises but never delivered.  Today it is XC's turn in the spotlight.  They have good tech which is (as usual) doesn't seem like it was stress tested against what full real world implementation will bring.  I suspect they'll slip back down into obscurity pretty soon once things start to break.

The market for altcoins is not the general consumer (yet).  It is the anti-bank activist, the miner, the investor, the whale and the minnow who buy, mine or trade into these things because they figure their coin of choice could be the next Bitcoin.  It is very unlikely altcoins will ever be used at general retail or in restaurants.  Some payment processor will issue you a Visa card that you can link to your altcoin account(s) and they'll handle the fiat conversion etc. behind the scenes (I think Blackcoin does something like already).  To Panda Express, it'll be just another Visa card ATM transaction.  To succeed, Panda has to appeal more to the techy, finance oriented geek constituency.  Panda is consistently between 38 - 42 on Coinmarketcap which is great but much more is possible.

If you are serious about chipping in $1000 USD towards a bounty to implement anonymous features for Pandacoin (PND) and if you put it towards our community chest, we can see it done most likely within a relatively short period of time easily. We can outsource it to other developers whilst our internal developers stick along with our current plans and work on major developments in the order that we had set. This way, we can release multiple major coin upgrade features which would be very nice publicity for the coin.

Pandacoin (PND) Development Community Chest accounts:

PND: PBAdSebKmFuDUJP257xReuLnijkAtsP25E
BTC: 1AtPFanV3kMnWzuRSocZPfrf6V5mjJHoDE
LTC: Li1dUae3dd4qZQHKXXV5gFKBqmWAyRJm3m
DOGE: DCQ28wVSdFd1np74trvtSRn99edVCqGui9

We have to be careful with our approaches on developments. We don't want to seen as a coin that only copies other technologies from those 'new tech prototype' coins that keep coming out. Obviously to ensure Pandacoin's (PND) survival we will keep up to date with what is relevant in terms of coin technologies, by picking the best ones to adopt, but we also would like to do our part and develop our own ones (which we are) which will have other coins copy Pandacoin (PND) coin technologies!

[minairia3]

Another idea:  what about a Panda Visa card that links to your Panda wallet? Doing this with a US Bank is pretty impossible because of the paperwork, etc. but any bank anywhere can issue a Visa card which can then be used world-wide.  We could choose a small hungry bank in some place with less stringent regulations about such things.

[bdanyo]

Another idea:  what about a Panda Visa card that links to your Panda wallet? Doing this with a US Bank is pretty impossible because of the paperwork, etc. but any bank anywhere can issue a Visa card which can then be used world-wide.  We could choose a small hungry bank in some place with less stringent regulations about such things.

We appreciate your ideas minairia3. Before we can focus on ideas like this, we need to concentrate on growing the community size and the number of Pandacoin (PND) wallet owners before bringing out services like the one that you have suggested. One of the issues that most alt coins have is that they come out with all these services and infrastructure but do not have the community size to support a healthy ecosystem that enables it to function as a currency. At the end of the day, most function only as a "cryptocommodity".

The Pandacoin (PND) development team envisions our coin not to function as a "cryptcommodity", but as a cryptocurrency. New cryptocurrencies are not automatically money. They have to earn that liquidity by being widely accepted as a unit of exchange. And to do that, you would need a large community size to support it, and gives the community a reason to use PND. A coin is only successful in the future as a cryptocurrency only if it is valued for their liquidity and having common daily usage due to it being widely accepted as a unit of exchange. And this is the vision that the Pandacoin (PND) development team will strive for and are working towards bringing out developments to assist the adoption of PND and used as a currency in the future.

Step 1: Focus on developments which will increased the PND wallet holders. Step 2: Build upon the PND ecosystem and give individuals a reason to use PND, instead of hording it like a commodity.

With your prior suggestions on adopting anonymity coin technologies and I've just spoken to our dev team about this: it is in our 'step 1' major development roadmap. However I've mentioned this before, and that is that we have to tread and pick carefully on which technologies to adopt to ensure survival of our coin in the long run. Some solutions are more elegant and will have more longevity than others. If none of the current anonymity solutions are ideal, we might have to create our own. Bear in mind that we are careful in not being caught up in these 'flavor of the month' technologies that these new technological 'prototype' coins are bringing out (Darkcoin and Darksend for example). We do not want to integrate say Darksend now, only to find out that 1 month later a better solution comes out, which makes our invested resources and man-hours redundant.

Adopting the right coin technologies is key to survive in this fast-paced-ever-changing crypto world. That, we (dev team) understand. But we are also wary of not being seen as a coin that only knows how to copy and paste other coin technologies and add it to Pandacoin (PND). We want to be innovators also and bring out elegant developments and technologies that encourages other altcoins to follow our lead because it makes sense in the perspective of "ah yes, this is how a cryptocurrency should be like" or "ah yes, this should be an expected feature for all cryptocurrencies from now on". This is where we are focusing most efforts on right now.

We want to increase the amount of PND wallet holders in the future, and to show the crypto-space that we are dead serious on making this coin THE gateway cryptocurrency for the masses

[mtrycz]

How many pandas can you spot? 

9?

I can see nine pandas a a sloth (top right)

[ozzke]

How many pandas can you spot? 

9?

I can see nine pandas a a sloth (top right)

I see 10! don't forget the ones in the bamboo and in the backwall

[jox]

There’s a hilarious bit of online viral marketing going on for Ben Stiller’s new movie Tropic Thunder, in which he plays superstar Tug Speedman (an obvious play on Tom Cruise). Take for instance this site for the Panda Relocation Foundation — which features Speedman posing for a mock-PSA. Then there’s this funny blurb from within, “Though reports show that the numbers of wild Pandas are on the rise, the World Conservation Association (PANDA) believes there is not enough certainty to remove Pandas from the endangered animal list.”

source: http://www.ecorazzi.com/2008/07/22/tug-speedman-named-panda-celebrity-of-the-year/

[LTListener]

Good news everyone!

PND will be added to https://www.usecryptos.com within 24 hours !