[ANN+IPO]Storagecoin-A Nxt Parallel chain Based Proof-of-Storage Cryptocurrency

[VanBreuk]

^ If you had bothered to read the OP at all (and could actually understand a reasonable amount of what it says) you would have refrained from shouting anything.

[ChuckOne]

Are you sure Nxt parallel chains will work the way you described it? https://nxtforum.org/parallel-blockchains/what-the-status-of-parallel-blockchain-for-nxt/

The Storagecoin Parallel Chain
Each node in the Nxt Parallel Chain is a blockchain. Each blockchain tracks a random subset of the wallets on the network, and each wallet belongs to only a single blockchain. Each parent node has aggregate information about it’s children, as in the following example:

In the diagram you can see that blockchain 1.1 tracks wallets 1.1.w1 and 1.1.w2. The combined balances of all the wallets in 1.1 is 4, so 1.1 reports its aggregate balance as 4. Similarly, blockchain 1 tracks the two blockchains 1.1 and 1.2, which have a combined balance of 14. Blockchain 1 then reports its aggregate balance as 14.

When sending a transaction, transactions travel through the Parallel Chain:

Here we have two example transactions. The first is from 2.w1 to 2.w2. Blockchain 2 confirms that 2.w1 has sufficient balance, and then confirms the transaction. In this case, only a portion of the network knows about the transaction, as the aggregate balance of blockchain 2 did not change.
In the second example, 1.w1 sends money to 2.w2. First blockchain 1 confirms that 1.w1 has sufficient balance. Then, the root blockchain confirms that blockchain 1 has enough aggregate coins to send the transaction to 2.w2. The root blockchain does not know about wallet 1.w1, it only knows that blockchain 1 has a large enough aggregate balance to send money to 2.w2. Finally, blockchain 2 receives the transaction and allocates the coin to wallet 2.w2.

[ChuckOne]

Maybe, you can outline the following issues:

1) What is the purpose of the blockchain tree?

2) What is the root supposed to be?

3) Why focusing on the hosts for providing storage?
In the Nxt realm, we focus on accounts as the primary subject. They might have several hosts associated with them but that is all. In case of StorageCoin, the hosts attribute of a Nxt account would be available for the network to send requests directly to specific hosts (to query data or store data).

[scam_exposer]

Scam_Exposer, would you please just STFU with your childish scam postings on EVERY SINGLE NEW COIN THAT COMES OUT, THE MOMENT IT COMES OUT.

The only reason that these scammers run off with btc is because there are fools like you on this forum.

And no I won't shut up.  There is nothing childish about pointing about these scams.  I have a 100% track record so you need to shut up.

You're likely just another one of the scammers that I stopped and are still mad.  Too bad.

If you don't think this is a scam then you have no brain.  You will never make any money in crypto because you are too naive.

[scam_exposer]

Send your btc if you want to give it away to a scammer. 

[VanBreuk]

blah

I've seen you screaming bloody scam so many times and it's so hilarious you still do considering your profile and forum background, that I have no choice but to ignore you as troll.

Moving on.

[msin]

Maybe, you can outline the following issues:

1) What is the purpose of the blockchain tree?

2) What is the root supposed to be?

3) Why focusing on the hosts for providing storage?
In the Nxt realm, we focus on accounts as the primary subject. They might have several hosts associated with them but that is all. In case of StorageCoin, the hosts attribute of a Nxt account would be available for the network to send requests directly to specific hosts (to query data or store data).

+1, would like to hear from Dev on this one.

[JakeThePanda]

no licky, no dicky.  No escrow, no IPO.  I'll just buy it in the aftermarket after the price falls off a cliff from all the opening dumpers.

[msin]

no licky, no dicky.  No escrow, no IPO.  I'll just buy it in the aftermarket after the price falls off a cliff from all the opening dumpers.

Thanks for the update on your investment strategy.

[northranger79510]

Thats the problem with you people. All you need are few paragraphs and BAM! "Here you go scammer. My btc for you." If you bothered to read up on the last few scams, you wouldn't be so ignorant as to post that post to me. Example, Levelcoin, Visacoin(obvious but still), Frictionlesscoin, Neon, etc. So many I get tired of naming. I did read every single words. But in the end, that is all they are...words and images. Anyone can think of a concept and write it on here. Developing it on the other hand is hard.

Without proof this coin exists, this coin is labeled SCAM and I will try to prevent others on here from getting scammed..

And btw. I can understand every single thing he posted...I am what people would call a "programmer"

^ If you had bothered to read the OP at all (and could actually understand a reasonable amount of what it says) you would have refrained from shouting anything.

All the OP did was post a bunch of paragraphs and ask "Donate to this address if you want some coins". No proof.

I would really love to see you argue this.

"OP will deliver"
"Just wait"
"I don't want to argue"
"You're a 5 year old who don't know nothing"
"Troll"

Again, I don't shout scams usually but when it comes to obvious scams...I try to shut them down fast.

Is the concept nice? YES! Just like another coin I know in development that actually has working nodes to test. But where is the proof it exist? I ask the dev. No reply. No nothing. Just straight up ignored.

[platorin]

I honestly cannot believe those methods still work.

[dreamboy]

I want to free coin

[Shivalein]

Even with an escrow. Dev said that none of this features are implented at launch.
So please go do some programming and comeback if you have a product.

unless ---SCAM

sorry

[Storagecoin]

Are you sure Nxt parallel chains will work the way you described it? https://nxtforum.org/parallel-blockchains/what-the-status-of-parallel-blockchain-for-nxt/

it is our original layout.
We also wait for release of Nxt parallel blockchains for STC.

[Storagecoin]

Maybe, you can outline the following issues:

1) What is the purpose of the blockchain tree?

2) What is the root supposed to be?

3) Why focusing on the hosts for providing storage?

+1, would like to hear from Dev on this one.

1)distributed storage,eliminate waiting time for updated data and search.
2)master chain/parent node.
3)here,host=Acc/node.

[Storagecoin]

I honestly cannot believe those methods still work.

List your reason,please.

[dieudor]

Done as soon as possible, let them shut up to prove you are right

[mczarnek]

What is the experience of the development team?  How much time do you intend to spend developing this?

Sounds like proof of storage would have to be based on how much information you are actually storing, not on how much storage is available if using the Reed-Solomon method of checking whether someone is storing what they are supposed to be storing, right?

Sounds quite interesting though, may throw a few Nxt your way.. wouldn't put a cent I couldn't afford to lose into the project though.  Can we get escrow though?  Only released upon the release of the initial product?  Why not if not?

[meytal]

wo want some free coin.   

[Kooness]

looks intresting.
I will watch this!