[ANN] Syscoin - Business on the Blockchain - LAUNCHED!

[snipsnoop]

Pools list has been cleaned up. We may be releasing another update tomorrow afternoon (0.1.4) which will be MANDATORY. We are not sure yet, will post to OP when verified with more specifics. This release will turn on merged mining and service-fee regeneration for miners (larger rewards!). More to come!

Still testing this. And just to make sure this will be MANDATORY as dano said

[ethought]

Still having the same problem with the wallet not showing on load.

Version: SysCoin v0.1.3

It worked a few times on reload when I first installed the new version but not anymore.. 

yeah Mac or Win pls? If Mac we are on this right now.

qt on Ubuntu, built from source from Github.

Built from latest source, seems to be all good now.

[snipsnoop]

Still having the same problem with the wallet not showing on load.

Version: SysCoin v0.1.3

It worked a few times on reload when I first installed the new version but not anymore.. 

yeah Mac or Win pls? If Mac we are on this right now.

qt on Ubuntu, built from source from Github.

Built from latest source, seems to be all good now.

Glad to hear it.

[snipsnoop]

We are working on a lot of things right now, the overnight-merged-mining tests are strong so far and we're just waiting a few more hours on the testnet before talking about releasing this to the public. This will introduce a much higher hash rate to the network. We also have restored regenerated service fees for miners and it appears to be working well- this means rewards much > 128SYS for miners meaning more miners! Testing and retesting before getting a new build together.

We are still waiting for fund release from Moolah and I would be remiss if I didn't say this is really slowing down progress at this point. We have several services that have been developed for us by bounty-seekers which we cannot release until we pay them, and we have nothing to pay them with right now. We have developers that are helping us but they need payment too. This is one of the biggest impediments to our growing Syscoin. Our core team is still working very hard. We spent all our personal funds getting things together for the launch and have exercised more of our personal funds through launch (yes, we are now in debt). Its like trying to launch a rocket with no fuel. We're hoping to get some funds ASAP, we need them badly. Once we're past that things should really start moving, until then i feel like we're in slow motion waiting.

Still waiting on Moolah Guys .. But MM and regenerated service fees for miners is ready. We will be releasing this shortly

[F22Raptor]

i don't think syscoin will die,dev works hard we just need calm down.

[josephliton]

We are working on a lot of things right now, the overnight-merged-mining tests are strong so far and we're just waiting a few more hours on the testnet before talking about releasing this to the public. This will introduce a much higher hash rate to the network. We also have restored regenerated service fees for miners and it appears to be working well- this means rewards much > 128SYS for miners meaning more miners! Testing and retesting before getting a new build together.

We are still waiting for fund release from Moolah and I would be remiss if I didn't say this is really slowing down progress at this point. We have several services that have been developed for us by bounty-seekers which we cannot release until we pay them, and we have nothing to pay them with right now. We have developers that are helping us but they need payment too. This is one of the biggest impediments to our growing Syscoin. Our core team is still working very hard. We spent all our personal funds getting things together for the launch and have exercised more of our personal funds through launch (yes, we are now in debt). Its like trying to launch a rocket with no fuel. We're hoping to get some funds ASAP, we need them badly. Once we're past that things should really start moving, until then i feel like we're in slow motion waiting.

Still waiting on Moolah Guys .. But MM and regenerated service fees for miners is ready. We will be releasing this shortly

In my opinion Moolah should pay you guys.Alex is a good person,I hope he will pay.

[kingscrown]

We are working on a lot of things right now, the overnight-merged-mining tests are strong so far and we're just waiting a few more hours on the testnet before talking about releasing this to the public. This will introduce a much higher hash rate to the network. We also have restored regenerated service fees for miners and it appears to be working well- this means rewards much > 128SYS for miners meaning more miners! Testing and retesting before getting a new build together.

We are still waiting for fund release from Moolah and I would be remiss if I didn't say this is really slowing down progress at this point. We have several services that have been developed for us by bounty-seekers which we cannot release until we pay them, and we have nothing to pay them with right now. We have developers that are helping us but they need payment too. This is one of the biggest impediments to our growing Syscoin. Our core team is still working very hard. We spent all our personal funds getting things together for the launch and have exercised more of our personal funds through launch (yes, we are now in debt). Its like trying to launch a rocket with no fuel. We're hoping to get some funds ASAP, we need them badly. Once we're past that things should really start moving, until then i feel like we're in slow motion waiting.

Still waiting on Moolah Guys .. But MM and regenerated service fees for miners is ready. We will be releasing this shortly

In my opinion Moolah should pay you guys.Alex is a good person,I hope he will pay.

Yep i also think you should get paid at this point. Coin is stabile, console works.

[peekay6969]

I'm confident they'll pay on Tuesday.

[Pmalek]

Why on tuesday?

[john312]

Could you provide us some kind of schedule for the next few weeks?

[Sethtabiah]

Big news coming up!!

Tomorrow price will be <300 satoshi

 

The situation of the markets is so bad that no one can predict,can be 200 satoshi.

[247mining]

We are working on a lot of things right now, the overnight-merged-mining tests are strong so far and we're just waiting a few more hours on the testnet before talking about releasing this to the public. This will introduce a much higher hash rate to the network. We also have restored regenerated service fees for miners and it appears to be working well- this means rewards much > 128SYS for miners meaning more miners! Testing and retesting before getting a new build together.

We are still waiting for fund release from Moolah and I would be remiss if I didn't say this is really slowing down progress at this point. We have several services that have been developed for us by bounty-seekers which we cannot release until we pay them, and we have nothing to pay them with right now. We have developers that are helping us but they need payment too. This is one of the biggest impediments to our growing Syscoin. Our core team is still working very hard. We spent all our personal funds getting things together for the launch and have exercised more of our personal funds through launch (yes, we are now in debt). Its like trying to launch a rocket with no fuel. We're hoping to get some funds ASAP, we need them badly. Once we're past that things should really start moving, until then i feel like we're in slow motion waiting.

Still waiting on Moolah Guys .. But MM and regenerated service fees for miners is ready. We will be releasing this shortly

In my opinion Moolah should pay you guys.Alex is a good person,I hope he will pay.

Yep i also think you should get paid at this point. Coin is stabile, console works.

This can be tricky as Moolah can use problematic launch, as excuse to hold funds, for as long as they want/need. This is not only about protecting IPO investors, this is also about having in the pocket ~1500BTC that can be invested in market manipulations or another projects.
For the sake of they reputation they should release IPO ASAP. I wish all the best for SYSCOIN Dev team and hope it all works out good for them with Moolah ......

[Pmalek]

Moolah should give some kind of statement in regards of this. They looked awesome with handling the situation on the launch, but now something is fishy...

[Bitcycle]

Moolah should give some kind of statement in regards of this. They looked awesome with handling the situation on the launch, but now something is fishy...

Moolah should give the money to the devs or return it to the investors.

AT NO TIME DID THE INVESTORS AGREE TO ALLOW MOOLAH TO HOLD THE FUNDS FOR THEMSELVES INDEFINITELY.

[Pmalek]

Yes, thanks for simplyfing...

[Skydog]

Why on tuesday?

Banking holiday in the UK.

[john312]

At this point this is just silly. Botched launch, no clear roadmap for the next few weeks, Moolah locking the funds and no plan to make the coin's value grow (unless nothing public yet). At this point both Syscoin and Moolah seem like a joke. We could end this quicker if the remaining funds were returnd to the investors and coin relaunched under new name with new IPO, because there is no way this can be fixed. Money is where you need to put some effort to find it, not in overpriced ICOs with shade behind the scenes maneuvres. There is no way this coin is going to rise above 600 satoshi (at least not in 2014) because of:
- bagholders desperate to sell
- broken promises
- no plan for the coin
- lack of promoton of working features (people do not care about what was ready at launch, people care about what is being added along the way).

[subseaguru]

this is the error im continually getting after opening the wallet. i have to uninstall and reinstall for it to work and it only works one time before it errors out.

[Soul_eater_123]

IMO the way to make the value grow is to start building all the things that this project promises.  Obviously that needs money to be released so that should be an urgent priority.  I don't think any funds should be used to make buy walls and the like though.  This would be completely pointless and counterproductive.  Value is added through utility and function, not through price manipulation (which can only ever be a short term fix).  Putting up buy walls would be a sign of fear/uncertainty and liable to backfire.  Let's get funds released and start building real value.

[sdersdf2]

This can be tricky as Moolah can use problematic launch, as excuse to hold funds, for as long as they want/need. This is not only about protecting IPO investors, this is also about having in the pocket ~1500BTC that can be invested in market manipulations or another projects.
For the sake of they reputation they should release IPO ASAP. I wish all the best for SYSCOIN Dev team and hope it all works out good for them with Moolah ......

It's a sensitive situation - from Moolah's perspective, I'm sure they're worried about doing something in some way, or making some unintended mistake, that could come back to haunt them later, almost no matter what they do. The whole situation is a mess.