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Author Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield  (Read 901801 times)
sdersdf2
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June 04, 2014, 01:40:02 PM
 #1781

Does the dev have any plans to give this coin a boost - any new features planned?

PoS for starters but it seems like he wants to make sure it is a good, workable plan which explains why it is taking so long. That's a lot better than rushing it.

Any thoughts on how far along those discussions are -- any future dates to look out for?

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June 04, 2014, 02:47:56 PM
Last edit: June 04, 2014, 03:43:20 PM by kehtolo
 #1782

Any paperwallet support?  Vanitygen settings?

I just posted an answer over on reddit about this.. bsically the answer is yes. If you're familiar with using Vanitygen, you should understand what i've written below.
The number vanitygen uses, (as far as my test showed was: 53)

"I think I've just found out.. if you head on over to the wiki for Vanitygen it tells you..
"Generally, to find out the address format of a given crypto-coin (i.e. the number after the -X option of vanitygen) one can use this service:
http://darkgamex.ch:2751/q/decode_address/<Address> Example: Take any Litecoin address, e.g. "LNipKabgGoTPnzhxsyFwTZdjVSXybjWucp", and submit this URL:
http://darkgamex.ch:2751/q/decode_address/LNipKabgGoTPnzhxsyFwTZdjVSXybjWucp The browser output will be:
30:265dcf8616a9723d3b4ba35c246b041e20013597"

I then did this with a Nautilus address: Nfzzug9r1K4p3BNgN9UaioWbAcXXyewoox
And got the reply in browser - 35:dc560898059dc7be7903d8f4a54408fa1ace92c4
So the key piece of information here is 35

https://en.bitcoin.it/wiki/Vanitygen

The 35 is Nautcoin's address format in hex (!), i.e. 35 (hex) = 53 (decimal) [because 3x16 + 5x1 = 53], i.e. use -X 53 in vanitygen to generate Nautcoin addresses.
Hope that helps!"

EDIT* Corrected a couple of obvious errors.

The next 24 hours are critical!
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June 04, 2014, 03:01:19 PM
 #1783

This seems highly undervalued and unappreciated.. I somehow have 7000 coins which I bought because I forgot I had a buy order from like weeks ago, now the price is just dropping Sad

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June 04, 2014, 04:40:58 PM
 #1784

This seems highly undervalued and unappreciated.. I somehow have 7000 coins which I bought because I forgot I had a buy order from like weeks ago, now the price is just dropping Sad

This coin still is insanely severely undervalued, I agree. It's almost criminal how much NAUT you can buy for so cheap.

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June 04, 2014, 06:06:18 PM
 #1785

If you consider NAUT undervaluated, why aren't you buying any...
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June 04, 2014, 07:41:32 PM
 #1786


Hey guys! Kingcoiny is now open! Enjoy 48h of free trading with 0% fees https://www.kingcoiny.com




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June 04, 2014, 07:54:48 PM
 #1787

What kind of things are on the program for naut? must say I had thought it would go much better with this coin. even vericoin has a higher market cap. .
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June 04, 2014, 07:56:14 PM
 #1788


Hey guys! Kingcoiny is now open! Enjoy 48h of free trading with 0% fees https://www.kingcoiny.com

Who are you? Where are you located? Where are the server's located. About tells me nothing.

Why is there 0 volume. Wouldn't you have some volume from beta testing?

What are the trading fees? The fee schedule should show the actually fees, not the promotional fee.

What are the deposit/withdrawal fees? Are they fully automated.
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June 04, 2014, 08:17:16 PM
Last edit: June 04, 2014, 08:55:27 PM by FlyingMongoose
 #1789

What kind of things are on the program for naut? must say I had thought it would go much better with this coin. even vericoin has a higher market cap. .

To answer your question, here's the most recent post by Brian Kelly (BK)


First of let me apologize for not posting something first thing this morning - I had jury duty!!!


Next, I thought we should review the plan for Nautiluscoin as over the next few weeks I anticipate a lot more news. This following is from the orignal post:

*******************************************************************************************************************

Mission
Nautiluscoin’s mission is to introduce digital currencies as an investable asset class and provide the premiere instrument for cryptocurrency investing.
 
 
Roadmap
There are three pillars to our plan:
1.   Build a Community
2.   Gain Acceptance
3.   Continuous Development
 
Step 1: Build a Community
In order for Nautiluscoin to have value it must solve a problem. Our first task is to ask our community members what problem needs to be solved, with a particular focus on solving a problem that will attract interest of the investment community.
Substeps:
Social: Actively promote our solution to the altcoin community and to the investment community
Trading: Create a deep liquid market by listing the coin on high volume exchanges
 
Step 2: Acceptance
Identify merchants/investors/communities that could benefit by using Nautiluscoin. This could also include sponsorship opportunities like Dogecoin Car.
 
Step 3: Continuous Development
We will add full time development team to handle any changes/updates that will be needed.
Potential Development Projects
-Proof of Stake Implementation
-Nautiluscoin Card for Easy Merchant Acceptance
-Coinkite integration

***************************************************************************************************************

So where do we stand today?

Step 1: Build a community - this process is much much further along than I had anticipated at this point.  I really appreciate the community support...even the trolls...actually, no...not the trolls.

My job going forward is to foster a vibrant supportive community. The one thing I have learned about crypto is that community is everything - without a supportive community the coin dies.

The next step in building the community is asking for a problem to solve. In my view, if a coin does not solve a problem (i.e. make consumers' and merchants' life easier) then it has no value.  I am working on merchant acceptance but we need community input.  

Question for the Community:  What problem should Nautiluscoin solve? Another way of asking this is why would/should a consumer use Nautiluscoin?

The obvious answer is because they expect the price to increase, therefore they want to hold NAUT and spend it every once in a while. But eventually we will need more.  So let the ideas fly...and yes there is such thing as a stupid idea...but dont worry I won't call anyone out..unless you are a troll Wink

Step 2: Acceptance

I hope to have news in the very near term about payment processors. As well, I have a call this afternoon about a sponsorship opportunity.  


Step 3: Continuous Development

We have been working very hard on implementing my idea for PoS, but it is proving easier said than done.  I personally like the idea of PoS because it gives consumers a reason to hold NAUT , i.e. a 'dividend'.  I am also aware that PoS presents some security issues, so before we announce anything I want to make sure we have done our research.  NAUT has come very far, very fast and I do not want to do anything to jeopardize our success.

Long Term Vision

When we launched the coin I thought the first three steps would take a minimum of six months - but here we are 30 days after launch and they are almost all complete or in the process of completion.  This leads me to the long term vision for NAUT.

Wall Street
My goal with NAUT has been and will always be to introduce Wall Street to cryptocurrencies.  Most of the investors I speak with are aware of alt-coins, but they don't know what to "do" with them. This is why it is essentially for NAUT to show how and why digital currencies can change the world. My goal is to make NAUT the first alt-coin to be of 'investable' quality.  This does not mean going up 80% in 24 hrs because your cousin's brother's uncle heard that news was about to be released on NAUT. It means creating an investment/business that has a reason to exist. Whatever the reason for existence it also must make money that holders of the coin will receive.  The ultimate goal for NAUT is return capital to coinholders - either via a dividend or profits.

The Amazon of Digital Currencies
When Jeff Bezos left his job as an investment banker to sell books over the new technology called the internet, people thought he was crazy.  His company, Amazon now streams movies over a handheld computer  - both of these technologies did not exist when he started Amazon.  My vision for NAUT is to use the same template as Bezos - i.e. continuously invest in the latest technology to create a high growth businesses.  Nobody knew what the 'internet' would become and nobody knows what digital currencies will look like in 10 years.  But I do know that innovation and flexibility are the reasons why Amazon has thrived.


Homework for the Community

1.) Let me know how the coin should be used - let's crowdsource a great business idea.

2.) Continue to positively promote the coin.

3.) Be on the lookout for the next innovation that we can intergrate into NAUT.

-BK

If you consider NAUT undervaluated, why aren't you buying any...
Who says I'm not? I just don't have the buying power to move the market.

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June 04, 2014, 09:38:18 PM
 #1790

Here's the coinbase article about the blackcoin card.

http://www.coindesk.com/things-alt-ponzi-schemes-blackcoin-usbs-time-warp-attack/

I wonder how much something like that would cost to develop.

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WALLET




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June 04, 2014, 09:40:25 PM
 #1791


Hey guys! Kingcoiny is now open! Enjoy 48h of free trading with 0% fees https://www.kingcoiny.com

Who are you? Where are you located? Where are the server's located. About tells me nothing.
We are in Canada

Why is there 0 volume. Wouldn't you have some volume from beta testing?
True, we have launch since today 9PM (GMT+2)

What are the trading fees? The fee schedule should show the actually fees, not the promotional fee.
0.15% buy/sell and 0.02% withdrawal but 0% for 48h since our opening.

What are the deposit/withdrawal fees? Are they fully automated.
Of course, check our API


To know more about us :
https://www.kingcoiny.com/index.php?page=about

Our API link :
https://www.kingcoiny.com/index.php?page=aboutapi

Our voting system :
https://www.kingcoiny.com/index.php?page=voting

Our fees :
https://www.kingcoiny.com/index.php?page=fees
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June 05, 2014, 01:27:32 AM
 #1792

Not sure if this is what you are looking for, but Here are some possible providers

https://www.netspend.com/about_netspend/partner_with_netspend.shtml

http://www.fisglobal.com/products-card-prepaidcards

http://www.payoneer.com/Articles/DebitPayoutCard.aspx
http://www.dzcard.com/solutions/financial-cards/
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June 05, 2014, 03:22:28 AM
 #1793

new exchange crashing established thread? i smell gox.

where in canada are you?
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June 05, 2014, 03:37:01 AM
 #1794

Here's the coinbase article about the blackcoin card.

http://www.coindesk.com/things-alt-ponzi-schemes-blackcoin-usbs-time-warp-attack/

I wonder how much something like that would cost to develop.

Its just a USB with a logo printed on it, you can buy them on ebay/amazon for rather cheap. The person (IconicExpert) who was selling them for BC was making a good profit off of them by marking them up... Some would even go so far as to say he was ripping people off.

Also,

Whoever mentioned the pedometer mining earlier:
https://bitcointalk.org/index.php?topic=483515.msg7138867#msg7138867

Guess its not so crazy an idea afterall?
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June 05, 2014, 04:45:37 AM
 #1795

Here's the coinbase article about the blackcoin card.

http://www.coindesk.com/things-alt-ponzi-schemes-blackcoin-usbs-time-warp-attack/

I wonder how much something like that would cost to develop.

Its just a USB with a logo printed on it, you can buy them on ebay/amazon for rather cheap. The person (IconicExpert) who was selling them for BC was making a good profit off of them by marking them up... Some would even go so far as to say he was ripping people off.

Also,

Whoever mentioned the pedometer mining earlier:
https://bitcointalk.org/index.php?topic=483515.msg7138867#msg7138867

Guess its not so crazy an idea afterall?

That was me, someone pointed out it would be easy to fudge the numbers, but you could go as far as to (as that post said) enforce GPS data be included alongside number of steps, as well as a number of other factors. Another thing being with newer wearables being able to detect things all the way down to the heart rate and the fact that you're actually exercising (and some new ones can even detect HOW you're exercising), all that data combined can be involved somehow. A partnership with a startup like Atlas or something https://www.indiegogo.com/projects/atlas-the-first-fitness-tracker-that-actually-tracks-your-workout would probably work out quite well.

Ultimately, yes, numbers can still be fudged, it'll just be more difficult I'm sure there's layers of security that can be put in as well.

qoinpro.com/951c974b34f66cc68e805832df0c9d8c
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June 05, 2014, 06:13:02 AM
 #1796


Whoever mentioned the pedometer mining earlier:
https://bitcointalk.org/index.php?topic=483515.msg7138867#msg7138867

Guess its not so crazy an idea afterall?

Pedo-Miner = marketing fail lolz

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June 05, 2014, 06:17:29 AM
 #1797


Whoever mentioned the pedometer mining earlier:
https://bitcointalk.org/index.php?topic=483515.msg7138867#msg7138867

Guess its not so crazy an idea afterall?

Pedo-Miner = marketing fail lolz

Obviously they wouldn't market it like that.

Myriadcoin - the first multi-PoW blockchain! (Mine with SHA256 [ASICs], Scrypt [GPU/ASICs], Skein [GPUs], Groestl [GPUs], OR Qubit [CPUs/GPUs]).
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FlyingMongoose
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June 05, 2014, 06:25:30 AM
 #1798


Whoever mentioned the pedometer mining earlier:
https://bitcointalk.org/index.php?topic=483515.msg7138867#msg7138867

Guess its not so crazy an idea afterall?

Pedo-Miner = marketing fail lolz

Obviously they wouldn't market it like that.

Of course not, and it doesn't necessarily have to be a pedometer, it could be any number of other exercise oriented wearables.

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Fredericolitch
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June 05, 2014, 08:12:10 AM
 #1799

Is this kind of tools are really a priority ?
I guess its better than nothing, sort of thing, but i doubt its the kind of things which would attract people to invest in Naut...I may be wrong...

As Naut want to play in big league, did u think about POT from Fluttercoin ?
It seems to be an addiontional security feature..

Any news of POS ?

If we try to analyze what worked these past months in altcoin world, what can we see ?
Innovation attracted money, Darkcoin and clones exploded because these coins offered something new, something which was not possible with other coins, anonymous transaction.
In its time, Litecoin, because of scrypt, was innovative, faster & co.
In its time, Bitcoin was innovative, first crypto money.

Naut seems to be innovative to me, because of NSF, but for now people doesnt seem interested...
I guess it necessary to boost intrasic value with innovation..
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June 05, 2014, 08:18:11 AM
 #1800

Is this kind of tools are really a priority ?
I guess its better than nothing, sort of thing, but i doubt its the kind of things which would attract people to invest in Naut...I may be wrong...

As Naut want to play in big league, did u think about POT from Fluttercoin ?
It seems to be an addiontional security feature..

Any news of POS ?

If we try to analyze what worked these past months in altcoin world, what can we see ?
Innovation attracted money, Darkcoin and clones exploded because these coins offered something new, something which was not possible with other coins, anonymous transaction.
In its time, Litecoin, because of scrypt, was innovative, faster & co.
In its time, Bitcoin was innovative, first crypto money.

Naut seems to be innovative to me, because of NSF, but for now people doesnt seem interested...
I guess it necessary to boost intrasic value with innovation..

No one's saying to ignore other possible benefits and existing proven functionalities, but new projects, tools, and ideas to help fuel the community. We are brainstorming, nothing more.

qoinpro.com/951c974b34f66cc68e805832df0c9d8c
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