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

[timmyd]

somehow alias registration is 5k+sys. a bit too expensive

It was 1SYS + 0.002 transaction fee yesterday. 

i was expectingn1,sys tbh. it didnt say a price. big.mistake

That's super harsh just taking your coins without a confirmation of the price or "are you sure" warning or anything.

We have logged this as an issue and will be addressing it. Definitely not user friendly.

No i cant see it been iser friendly lol. Alias TimmyD most expensive alias to date

[snipsnoop]

I asked earlier but didn't get an answer.

I tried to create a alias but the Qt complained error:
Error creating new alias: "Error, transaction creation failed "

Now I tried second time but still doesn't work. I've got two 1.002 transactions that are stuck. How can I cancel or remove them?

Did I do something wrong? I first made a syscoin address for receiving payments. Then I pressed the "new alias button" and I did put the alias there.

Have I understood wrong what aliases are (shortcuts for payment addresses?). There is no info of them on the OP or website.

I posted this a number of times but it might have got lost.
I suggest you use the console in the wallet for now..
We will be fixing the issues when using the wallet but it is a case of priorities atm

@DEV, I created two aliases (a and t) but I can't find them in wallet 0.1.2 , just disappeared, the tx id, is there a way to get them back?

c341479d37eec334a92b31ba41c5892ed778172557b265db5a20bc6a405b0116

5b9a51576241e5303cbc9ee24c312a81b6fc5929df8a89e614876332e9365798

Just in case people don't know.

Here is a list of commands and descriptions :
https://github.com/syscoin/syscoin/blob/master/COMMANDS.md

In most cases you have to call it in the following order
new then followed by activate

But do be careful, the fees are quite high initially in order to avoid attacks on the blockchain.
They will be lowered on a sliding scale over the next 90 days..

As most of these services are a first in the crypto world we need to do some price discovery and see how everything works out and if we need to adjust..

Fee schedule here :

Just finished the service fee tiers doc:
https://docs.google.com/spreadsheets/d/1x8dv0pGyRCeT8aXIEQpgNiq0ENxJKwEO_PmZqnxJERk/edit?usp=sharing

The only thing I am not sure about is if offers aka marketplace will be priced per kb or per offer; the sheet has them priced per kb. Please take note of the scaling value of Syscoin from 1k - 1.5k satoshi and the decreasing cost in USD of the services relative to that increase in value. This shows 6months but as you can see in a few places and via the blockheights this is compressed to 90days. Open to feedback! Lmk if we got any numbers wrong but almost all formula driven (for sanity purposes, this doc alone represents many hours of work).

If you want to play around with commands :

...
..

how does one go about using the marketplace anyways.

The marketplace uses the "offer" commands. This is intended for devs to build on as business opportunities for them (of course once we iron out the smaller wallet issues listed above). Remember all services cost fees so if you want to play with these for free - use the testnet. In the console type "help" you'll see a number of "offer" commands. These commands are used to list/view/buy items on the Syscoin blockchain. If you type "offernew help" for example it will tell you how to create an offer, after which you will need to activate it before it can be purchased by others using "offeractivate".

We have a boilerplate market for devs started (https://github.com/syscoin/sysmarket) who want to start building on this- we are happy to take pull requests related to this front-end to bootstrap people and get them going. It uses the Syscoin JSON RPC and admittedly lacks documentation which we will add over this week. We're also adding more functionality to the QT wallet itself related to the market, but the QT wallet is intended to be a "reference client" so it just mirrors the daemon commands.

[CryptoTV]

Just so you guys are fully aware, our unbiased eskrow service moolah is heavy invested in sys
https://twitter.com/moolah_io/status/501022140230299648

And your point being?  Is there something wrong with this?  Not really.  You're just trying to cause a panic.

[danosphere]

I asked earlier but didn't get an answer.

I tried to create a alias but the Qt complained error:
Error creating new alias: "Error, transaction creation failed "

Now I tried second time but still doesn't work. I've got two 1.002 transactions that are stuck. How can I cancel or remove them?

Did I do something wrong? I first made a syscoin address for receiving payments. Then I pressed the "new alias button" and I did put the alias there.

Have I understood wrong what aliases are (shortcuts for payment addresses?). There is no info of them on the OP or website.

Edit: these fees seem to be collecting confirmations forever. One has already 54 confirmations. Do they ever end? The sent to: is blank.

You need to activate the alias after new, for example:

aliasnew "MYALIAS" ~ 1SYS at current fee schedule pricing
aliasactivate "MYALIAS" 12437y9c0dd7e0 "ALIAS VALUE" ~ 5K sys ""

Fees move down on a sliding scale. This is the fee price discovery schedule we communicated prelaunch. It lasts 90days then we'll implement dynamic fees.

[profitofthegods]

Just so you guys are fully aware, our unbiased eskrow service moolah is heavy invested in sys
https://twitter.com/moolah_io/status/501022140230299648

They also have businesses worth a lot more than that - I don't think they would sacrifice their reputation for that kind of investment in a coin. Also I'm actually pretty happy they are invested because I'm personally counting on Moolah leveraging their userbase and front end development talents to actually get people using Syscoin so it can have a high real value, rather than just speculative value - something most other coins struggle with the most.

[nomoreheroes7]

Just so you guys are fully aware, our unbiased eskrow service moolah is heavy invested in sys
https://twitter.com/moolah_io/status/501022140230299648

Who the hell cares? They have a partnership together. And it's obvious the devs are trustworthy and will see the coin through to the end, so what need is there for an escrow at this point? Things are working, devs are busting ass, and investors will be happy with profit soon (I imagine after people get a chance to see the "SysMarket" template Dano's working up)...I'd rather see Moolah release the funds sooner than later so services can start being rolled out properly and people can start seeing what Syscoin is truly capable of.

Also, what other coin has the backing of an exchange/infrastructure as huge as Moolah/Mintpal? I see that as only a good thing, in fact I fully expect it to play out huge for Syscoin's future.

[whale123]

Devs, please read this carefully.

I've been with this coin from the beginning (posting in this thread since April, following Dano since February MEOW relaunch).
So... no FUD intended.

There is no doubt that the coin has some innovative concept.
There were also some issues at launch that all of us are aware (you luckily managed to solve those issues).

Unfortunatelly, problem is that altcoins are mostly not about technology, but about community's sentiments. And unfortunatelly, there is too much dark clouds above Sys community. We can debate if it is deserved or not but the fact is that there are many people here with negative attitude, which might be a threat for the coin.

Some people bought after launch or were waiting to buy but were disappointed with the launch issues (which were already fixed).
Also, there is many people who invested into ICO and now have worse starting position. This is especially dangerous - we have tu understand, that we have peple with 1500 BTC worth of coins who are pissed that they believed in the coin as one of the first and yet they are on worse position than all the rest. It seems that syscoin believer lost this round and guys who were late to the party are going to win. We can not let that happen. We don't want army of unhappy people. As soon as you get those escrowed BTC's you should definitely use it to set 1500 BTC buy support at 518 satoshi. Maybe some people will decide to exit, but probably most won't just because of that action, helping to protect the price. You don't have to do this, but please, listen to me - you definitely should do this. People won't be listening to innovation news unless they won't feel safe about the price. Sorry, that's how crypto works. I know you pot lots of effort into this coin and it is your dream to make it successful. Don't let this mistake stop it from happening. Protect the early investors who were with you from the beginning and you will only benefit.

[awais3344]

Just so you guys are fully aware, our unbiased eskrow service moolah is heavy invested in sys
https://twitter.com/moolah_io/status/501022140230299648

They also have businesses worth a lot more than that - I don't think they would sacrifice their reputation for that kind of investment in a coin. Also I'm actually pretty happy they are invested because I'm personally counting on Moolah leveraging their userbase and front end development talents to actually get people using Syscoin so it can have a high real value, rather than just speculative value - something most other coins struggle with the most.

i see nothing wrong with it. takes guts to invest 140 btc into a coin. good luck to them

[awais3344]

Devs, please read this carefully.

I've been with this coin from the beginning (posting in this thread since April, following Dano since February MEOW relaunch).
So... no FUD intended.

There is no doubt that the coin has some innovative concept.
There were also some issues at launch that all of us are aware (you luckily managed to solve those issues).

Unfortunatelly, problem is that altcoins are mostly not about technology, but about community's sentiments. And unfortunatelly, there is too much dark clouds above Sys community. We can debate if it is deserved or not but the fact is that there are many people here with negative attitude, which might be a threat for the coin.

Some people bought after launch or were waiting to buy but were disappointed with the launch issues (which were already fixed).
Also, there is many people who invested into ICO and now have worse starting position. This is especially dangerous - we have tu understand, that we have peple with 1500 BTC worth of coins who are pissed that they believed in the coin as one of the first and yet they are on worse position than all the rest. It seems that syscoin believer lost this round and guys who were late to the party are going to win. We can not let that happen. We don't want army of unhappy people. As soon as you get those escrowed BTC's you should definitely use it to set 1500 BTC buy support at 518 satoshi. Maybe some people will decide to exit, but probably most won't just because of that action, helping to protect the price. You don't have to do this, but please, listen to me - you definitely should do this. People won't be listening to innovation news unless they won't feel safe about the price. Sorry, that's how crypto works. I know you pot lots of effort into this coin and it is your dream to make it successful. Don't let this mistake stop it from happening. Protect the early investors who were with you from the beginning and you will only benefit.

that is a good option. even if someone thinks they should dump will see the huge buy wall and he would rather not dump at all. some people are going to be very unhappy. the same ones that fud all day lure these newbie investors into dumping their coins below ico price. theres so many pump and dump groups at work. always. they sell between 100sat difference and buy back and repeat it all day. investments keep disappearing and people take money and at last dump the rest of the coins as well. it would be great to see this stop here at least.

myself ibought at 465 so i am safe anyway.

[vicvelcro]

Devs,

I agree with whale123 pretty much all the way across the board. But please don't put up any BTC support until major issues are ironed out a bit more AND the fud subsides a bit AND the weak hands have worn themselves out for the most part.

BTC subsidy too  early will weaken the coin early on, and the people who need the handouts this soon probably shouldn't be playing in any market unless and until they have a good comprehension of RISK and can do math in their head on-the-fly.

Give BOTH sides of the issue some serious thought, then weigh it out please.

[danosphere]

Devs, please read this carefully.

I've been with this coin from the beginning (posting in this thread since April, following Dano since February MEOW relaunch).
So... no FUD intended.

There is no doubt that the coin has some innovative concept.
There were also some issues at launch that all of us are aware (you luckily managed to solve those issues).

Unfortunatelly, problem is that altcoins are mostly not about technology, but about community's sentiments. And unfortunatelly, there is too much dark clouds above Sys community. We can debate if it is deserved or not but the fact is that there are many people here with negative attitude, which might be a threat for the coin.

Some people bought after launch or were waiting to buy but were disappointed with the launch issues (which were already fixed).
Also, there is many people who invested into ICO and now have worse starting position. This is especially dangerous - we have tu understand, that we have peple with 1500 BTC worth of coins who are pissed that they believed in the coin as one of the first and yet they are on worse position than all the rest. It seems that syscoin believer lost this round and guys who were late to the party are going to win. We can not let that happen. We don't want army of unhappy people. As soon as you get those escrowed BTC's you should definitely use it to set 1500 BTC buy support at 518 satoshi. Maybe some people will decide to exit, but probably most won't just because of that action, helping to protect the price. You don't have to do this, but please, listen to me - you definitely should do this. People won't be listening to innovation news unless they won't feel safe about the price. Sorry, that's how crypto works. I know you pot lots of effort into this coin and it is your dream to make it successful. Don't let this mistake stop it from happening. Protect the early investors who were with you from the beginning and you will only benefit.

Thanks for the meaninful comment. You make a good point and we are working as hard as we can to get that escrow fund released. We need it not only to add buy support but also to pay developers. We have a growing number of developers helping us out for free and they deserve compensation. Presale buyers have had a chance to exit and some got out at 1k satoshi making profits and all that. We are still here working to increase the value,  but have very little to work with "funding wise" until we get that fund. Soon as we have it we can start making a lot happen.

In other news: SYSCOIN CAN NOW BE USED TO MAKE PURCHASES ANYWHERE BTC IS ACCEPTED: https://coingateway.net/

[danosphere]

Devs,

I agree with whale123 pretty much all the way across the board. But please don't put up any BTC support until major issues are ironed out a bit more AND the fud subsides a bit AND the weak hands have worn themselves out for the most part.

BTC subsidy too  early will weaken the coin early on, and the people who need the handouts this soon probably shouldn't be playing in any market unless and until they have a good comprehension of RISK and can do math in their head on-the-fly.

Give BOTH sides of the issue some serious thought, then weigh it out please.

Very well stated. We made it clear that this big of a shift in coin-code would come with some wrinkles. I agree that the seasoned investors hold. We will weigh both sides.

[profitofthegods]

In other news: SYSCOIN CAN NOW BE USED TO MAKE PURCHASES ANYWHERE BTC IS ACCEPTED: https://coingateway.net/

Damn, that was quick - great news!

[vicvelcro]

I love you guys and I love this coin already.

This has been the best launch disaster I've ever been exposed to (tongue in cheek). You've done better than I expected at keeping it all as together as can be hoped for.

Devs,

I agree with whale123 pretty much all the way across the board. But please don't put up any BTC support until major issues are ironed out a bit more AND the fud subsides a bit AND the weak hands have worn themselves out for the most part.

BTC subsidy too  early will weaken the coin early on, and the people who need the handouts this soon probably shouldn't be playing in any market unless and until they have a good comprehension of RISK and can do math in their head on-the-fly.

Give BOTH sides of the issue some serious thought, then weigh it out please.

Very well stated. We made it clear that this big of a shift in coin-code would come with some wrinkles. I agree that the seasoned investors hold. We will weigh both sides.

[kelvng105]

Instead of waisting money on buy walls why don't you give early investors an incentive for believing in your plans before fumbling the launch, some extra coins? Like a thanks for believing in us when we screwed up the lauch type scenario, ya know?

Whatever dev does, you feel it is negative. Nothing can satisfy you .. please gtfo

[kelvng105]

Devs,

I agree with whale123 pretty much all the way across the board. But please don't put up any BTC support until major issues are ironed out a bit more AND the fud subsides a bit AND the weak hands have worn themselves out for the most part.

BTC subsidy too  early will weaken the coin early on, and the people who need the handouts this soon probably shouldn't be playing in any market unless and until they have a good comprehension of RISK and can do math in their head on-the-fly.

Give BOTH sides of the issue some serious thought, then weigh it out please.

Very well stated. We made it clear that this big of a shift in coin-code would come with some wrinkles. I agree that the seasoned investors hold. We will weigh both sides.

Thanks Dano

[Yuzu]

In other news: SYSCOIN CAN NOW BE USED TO MAKE PURCHASES ANYWHERE BTC IS ACCEPTED: https://coingateway.net/

Damn, that was quick - great news!

Ohoho!  What awesome news!

[aandroidd]

Thanks for the meaninful comment. You make a good point and we are working as hard as we can to get that escrow fund released. We need it not only to add buy support but also to pay developers. We have a growing number of developers helping us out for free and they deserve compensation. Presale buyers have had a chance to exit and some got out at 1k satoshi making profits and all that. We are still here working to increase the value,  but have very little to work with "funding wise" until we get that fund. Soon as we have it we can start making a lot happen.

In other news: SYSCOIN CAN NOW BE USED TO MAKE PURCHASES ANYWHERE BTC IS ACCEPTED: https://coingateway.net/

Very nice. Syscoin looks special with only 5 coins listed for spending

[vicvelcro]

You want to use it like a commodity, it seems. In the short to medium term at most. An investment is for the long term.

If you want to call yourself an investor, then think and act like one. You should have considered the risk of a glitched launch, possible scammery on the part of the devs, possible IMMEDIATE drop in market value, blah blah blah ... ad nauseum.

What you are asking for is to be put on welfare. Already.

Instead of waisting money on buy walls why don't you give early investors an incentive for believing in your plans before fumbling the launch, some extra coins? Like a thanks for believing in us when we screwed up the lauch type scenario, ya know?

Whatever dev does, you feel it is negative. Nothing can satisfy you .. please gtfo

Stop kissing Ass, and stop falling in love with a coin, that's how people get burnt. It's real simple, this is an investment to make $$money$$ nothing more. The devs have been doing their best to fix things but they did drop the ball, don't you think? I'm not going to praise them when my money and time is on the line a neither should you. What don't you understand, your ico entry point is gone!! You waisted time pre purchasing when the general public now has a better position, are you taking crazy pills? I believe we deserve something for their colossal screw up, don't you?

[Yuzu]

Instead of waisting money on buy walls why don't you give early investors an incentive for believing in your plans before fumbling the launch, some extra coins? Like a thanks for believing in us when we screwed up the lauch type scenario, ya know?

Whatever dev does, you feel it is negative. Nothing can satisfy you .. please gtfo

Stop kissing Ass, and stop falling in love with a coin, that's how people get burnt. It's real simple, this is an investment to make $$money$$ nothing more. The devs have been doing their best to fix things but they did drop the ball, don't you think? I'm not going to praise them when my money and time is on the line a neither should you. What don't you understand, your ico entry point is gone!! You waisted time pre purchasing when the general public now has a better position, are you taking crazy pills? I believe we deserve something for their colossal screw up, don't you?

I understand what you're saying, but there are no promises in crypto.  The devs never said, "Oh, invest in the early sale and you will make three times your money instantly."  It just doesn't work that way.  If you buy a stock at $3.00 and it falls to $1.50 lots of people may buy it, but you can't complain that you should be compensated because the stock fell.  That's investing.  That's how it works.