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

[PuYang]

The Chinese thread: https://bitcointalk.org/index.php?topic=572771.0
I'll keep updating.

Please do not use the GOOGLE translation！

Please do not cheat for translation.

My translation is type-in by myself, not copy from Google translation.
This thread is totally copy google translation, the url: https://bitcointalk.org/index.php?topic=571338.0
I'm from china, but i don't understand. So i do it again order to real translate it.
If you don't believe can translate the replies.
If you dont want the real chinese translation i can delete my thread.
LOL.

[1715280680]

1715280680

[1715280680]

1715280680

[1715280680]

1715280680

[sepehr]

1.Involving the Storagecoin development.
   1.1.Free giveaway.
   Please post here with your Bitcointalk username for free giveaway.

The first 140 posts with your Bitcointalk username will get some STC freely.

   1.2.Translation this thread to German,French,Chinese,Spain and any other languages will      
         also get 10000 STC.
    After translation completed,post a link here.

   1.3.Help to maintaince the forumI(under construction) .
   1.4.Promote the Storagecoin after  Storagecoin(after release Parallel Chain of Nxt).
2.Join the IPO.
    IPO will be ceased at any time without pre-notice so as to prevent sending at the last time.
    IPO participators share all the total Storagecoin proportionally.
    IPO BTC address: 1AQQtFd1MEiBNaRR5SQQybiVCUXUFkcZSi
     (minum:0.01BTC,maxmium:2BTC)
    IPO Nxt address :  18114951579203049056        
     (minum:200Nxt,maxmium:40000Nxt)

The question is that if  IPO participators share all the total Storagecoin proportionally then from where you pay some STC(what is some? Is it depend on on your mode?) to 140 posters and 10000 STC to translators?

[BitEugene]

Qoracoin turned out to be a scam. I was smart enough to send money to an escrow - Anon136 instead of direct address. Fucking scammers are everywhere these days. I'm not saying it about Storagecoin. Just be careful, everybody.

[Storagecoin]

The Chinese thread: https://bitcointalk.org/index.php?topic=572771.0
I'll keep updating.

Please do not use the GOOGLE translation！

Please do not cheat for translation.

My translation is type-in by myself, not copy from Google translation.
This thread is totally copy google translation, the url: https://bitcointalk.org/index.php?topic=571338.0
I'm from china, but i don't understand. So i do it again order to real translate it.
If you don't believe can translate the replies.
If you dont want the real chinese translation i can delete my thread.
LOL.

Thanks for your translation,PuYang,you are on list.
z21770179 is cheating.

[Storagecoin]

The question is that if  IPO participators share all the total Storagecoin proportionally then from where you pay some STC(what is some? Is it depend on on your mode?) to 140 posters and 10000 STC to translators?

I will also invest some BTC,bounty will be from my personal shares.

[sepehr]

The question is that if  IPO participators share all the total Storagecoin proportionally then from where you pay some STC(what is some? Is it depend on on your mode?) to 140 posters and 10000 STC to translators?

I will also invest some BTC,bounty will be from my personal shares.

Very good to see this,It will increase my confidence to STC, Please let the community know which payment is yours, when you made it.

[sepehr]

Also you can show us some of the progress on the following claims:

Progress of Storagecoin
  *Whole frame code (90%)
  *Network code (80%)

So that the community have more confidence on you to join the IPO.

[Storagecoin]

The question is that if  IPO participators share all the total Storagecoin proportionally then from where you pay some STC(what is some? Is it depend on on your mode?) to 140 posters and 10000 STC to translators?

I will also invest some BTC,bounty will be from my personal shares.

Very good to see this,It will increase my confidence to STC, Please let the community know which payment is yours, when you made it.

according to BTC proportionally

[RoyBtc]

I want to the free coin

[Storagecoin]

I want to the free coin

Just leave your Bitcointalk username on right place.

[jeffyeah]

http://ecoiner.org/  This Webpage not open，It is bad！So People don't use this Webpage！！

[jeffyeah]

The Chinese thread: https://bitcointalk.org/index.php?topic=572771.0
I'll keep updating.

Please do not use the GOOGLE translation！

Please do not cheat for translation.

My translation is type-in by myself, not copy from Google translation.
This thread is totally copy google translation, the url: https://bitcointalk.org/index.php?topic=571338.0
I'm from china, but i don't understand. So i do it again order to real translate it.
If you don't believe can translate the replies.
If you dont want the real chinese translation i can delete my thread.
LOL.

Thanks for your translation,PuYang,you are on list.
z21770179 is cheating.

 Ok,He has changed!Hope you can do better，I come from Chinese too,Hope STC can promote better in China！

[MingZhou]

Is this project like the bitcloud project - http://bitcloudproject.org/

[dzarmush]

Qoracoin yesterday scammed people and ran away with 80 btc.
Upd: Qoracoin is back
Edgecoin scammed people 15 minutes ago and ran away with 70 btc.

Storagecoin, would you reconsider about an escrow?

[TheMightyX]

really？
what about https://bitcointalk.org/index.php?topic=486359.0？

We have canceled aboved IPO.
We found a much better method based on Nxt parallel Chain instead of blocktree.

Oh, please leave one free giveaway.
Can I use Escrow Service?

Free giveaway moved here .
We will not use escrow.

Only a scammer would refuse escrow.
Any sane person knows that they will receive many times more investments with escrow so the only logical reason for not accepting escrow is because you are intentionally scamming people.

[GeorgeW]

Nowadays, even some scammers do escrows.

[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?

+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.

Maybe, I expressed myself not well enough. Let me clarify.

1) I see, that trees could help here. Why exactly this type of tree? There are many other types of tree(-like) structure?

2.0) Node = Blockchain?
2.1) So, StorageCoin will not only use 1 parallel Nxt blockchain but many?
2.2) Each child node needs to implement the master/slave protocol?
2.3) How deep will that tree structure supposed to be? Will is build up dynamically?

3) Err, wait. Account != Node. Node = physical device; Account = virtual entity. What is a host? I cannot be both.

[dzarmush]

I consulted with a developer concerning your project and he said he doesn't understand how this algo provides data consistency.

If this project is real you'll probably want to speak with someone from Nxt core team: Cfb, Jean-Luk etc.

I'd invest despite of escrow absence but I'd like to be sure you know what you're doing.

[northranger79510]

The question is that if  IPO participators share all the total Storagecoin proportionally then from where you pay some STC(what is some? Is it depend on on your mode?) to 140 posters and 10000 STC to translators?

I will also invest some BTC,bounty will be from my personal shares.

Why don't you just tell us who you are or give us some code that you wrote that is related to storagecoin so programmers in the community can verify what you are doing are valid instead of begging for money you little scammer. PEOPLE don't let Storagecoin scam you like Edgecoin and don't let new accounts pressure you!

SURELY you have something besides a concept to beg people for money.

[mczarnek]

The question is that if  IPO participators share all the total Storagecoin proportionally then from where you pay some STC(what is some? Is it depend on on your mode?) to 140 posters and 10000 STC to translators?

I will also invest some BTC,bounty will be from my personal shares.

You will invest BTC?  You mean.. you will give yourself some BTC as an investment into this project?  As the creator, it's fine if you take the same share as that of the biggest possible investment you are allow, it just doesn't seem like much of an investment.. moving on..

1) Why not escrow?  Say people's coins are worth 10% more if not escrowed so you can have funds to initially fund this but as soon as you release something that shows you know what you are doing, you get it all to continue funding.

2) Also, what is the advantage of this over Proof of Stake?  Does this still have the same 51% attack problem that POW does, except using storage space?  Seems to me like Proof of Stake might be more secure..

3) And again, will your share of the proof of storage be based upon the number of bytes you are storing or the number of bytes you can store?  Seems to me like the Reed-Solomon coding method can only detect how much storage is being used, not how much you are providing.. right?

4)What is the experience of the development person/team? And how much time do they intend to spend on it?

Note that I am seriously interested in this coin, just want to make sure you can answer some of these questions, please don't ignore me again.