I wrote a summary of the volatile Silkcoin history... And the strength of it's community! If you follow the link to the original article, you will find there is a +1100 Silkcoin giveaway too!
LATEST, MOST CURRENT SILKCOIN [ANN] CAN BE FOUND HERE:
https://bitcointalk.org/index.php?topic=676976.msg8484716#msg8484716FROM:
http://scforum.info/index.php/topic,9299.msg25927.html#msg25927Usually, my giveaways are centered around a new cryptocurrency looking for it's place in the altcoin ecosphere.
This time it is different... And before you run because you
think you know this coin... Do read on
This coin has been killed so many times it should be called Living Death Coin
Well, that does not sound good, does it?
And they are not even totally wrong either! The *only* reason Silkcoin is still alive is because of the community behind it!
The original Silkcoin developers dumped their pre-mine, crashed the market and left the community with a completely broken client including all exchanges frozen.
This, sadly, has been seen with many many cryptocurrencies... Once the big dollars get in reach... It's hard not to sell. Especially if you are a big bag holder! It's only business sense, but totally overlooks and hurts the community behind a coin and it kills the long-term visions and plans one might have... When all Exchanges freeze a coin... Well, that's usually The End. Not with Silkcoin!
Enter:
bholzers and his proposed Silkcoin takeover. He promised the world and ended up doing nothing. The coin crashed below 100 sat.
Many dreams crashed, once more. But... The Community is strong in this one! The Silkcoin Community Takeover took place on July 14th, 2014. Their investments and hopes for the future were in essence destroyed at this point.
Enter: Hanz Lambrecht. He started organizing all those who were willing to help.
Hanz did a great job at it too! The original source code was a mess. That code got a full cleanup. The new wallet really kicks some ass! You will find download links to convince yourself at the bottom of this article in the Silkcoin [ANN]. And most importantly: he got the community once more united! And that was a hell of a job too! Why and how? Read on
It must be noted that I (Hanz) am no true hero
I am but the original financier and communications tactical officer. There was so much energy involved with those who wanted to help.. Palm Detroit of Philosopher Stones was the first to post a fix, but was vastly ignored in the fury and confusion if both investors and volunteers
Personally I had a 10 thousand dollar loan on my investment in silk. That had become worthless
I was not the only one. This damages families, quotes of parents losing all their money, people betting their rent on silk... This was very horrible. 1.2 million dollar cap to 40 thousand in a very short period. Everyone who wanted to help was being buried in the thread in the midst of bholzers silence and a second wave of rising anger and panic
The first feature implementation was of course palm detroit, giving us a client that worked. And me answering his hero member bct post. "Who is in charge here?"
Bishop took on the task of learning qt wallet programming. He has spent hundreds of hours cleaning code with Palm and making at least legible enough to work with. We confirmed the
0 confirm bug to be false and maybe even was the original developers' key to kill the coin. And likely forking its features into another coin.
After confirmation, Bittrex removed the hold on withdrawals, in light of our discoveries, and in light of Cryptsy never placing a withdrawal hold... Mintpal and Poloniex followed suit. The API's for the market data were a complete mess and once Mintpal changed the pub APIs this also required a complete API rewrite, which bishop handled. This was very labour intensive to say the least...
We finally produced a working client with partially working market data API's... in the midst of a community takeover, rebranding disputes including name and graphics changes... The client was not nearly up to community standards as far as graphics were concerned...
I, Hanz, then went through the process of organizing and implementing every single post that was made on how to make the client better.
Palm in charge of network support, and bishop in charge of qt and API rewrites and design implementation.
Nzminer was now on the scene. Not a professional graphics artists, but a heart of gold and a drive of unwavering determination! He rebuilt the entire res.zip - all of the graphics for the entire qt! Also hundreds of hours spent making everyones requests come to light
Next came Lorenzo and Teddy.
With some dismay to the group as they were French... :angel:
The ex-devs were French and at this point there were some questions for *anyone* from france working on the project
They both showed their determination.. and Lorenzo made the
beautiful website we now have while Teddy has been diligently working on the voting system.
We have also in this process Yoshi, Marc, Dimitry, Ixfist, Transidium, Cryptokeeper, Mauricio, Pandion Rain.. and many secret advisers in PMs and emails. Working constantly on domain grabs, mod grabs, social media outlets, general support and forum help... And don't let me forget badass.sx, he very graciously accepted the task of creating the community escrow and was trusted enough to hold the community donations.
One of the features, the one thing that makes Silkcoin a true community coin is that the
community decides on how to go forward, leaving the actual work to Hanz & his team of volunteers! This takes many many many discussions, especially with a wallet as complex and well-thought out as Silkcoin's wallet! I pitty the fool that becomes the community outlet... ;-) Bravo Hanz!
The full power of qt!
We are the qt leaders of the industry
And we have barely begun... We are still a baby camel! Some examples of work already done...
We organized contests, troll box trivia giveaways and even a Poloniex giveaway! Also we paid and organized many bounties (devnullius's giveaway being one of them!
) We have the most feature-rich wallet out there!
And this whole time we were battling with statements like "well who the <explicit> are you", "what gives you the right to speak for Silkcoin", "You are a band of ragtag grassroot amateurs", "Doomed to fail", "Where is bholzer", "Thanks bholzer for all your hard work" (where he did not do
anything.
We took the stance of not attacking anyone. And focusing on the work at hand.
The silk community became very diplomatic, in all its communications.
We are always looking for more individuals who would like to aid in the process of expanding development. We've become a tight knit community, where no single opinion is unimportant or invalid. Welcome to your Silkcoin.
<< The camel: Identity of Traders! >>
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Current & Last Silkcoin team The Silkcoin team aspires to integrate all the best crypto functions available. We will achieve this by prioritizing and finalising community feedback directly into the technology. Our team is dedicated to the constant improvement of code and integrations of your choice through voting and feedback. Make sure to get involved at Bitcointalk dedicated thread and the community will direct you further.
More info about Silkcoin on their official website : www.silkcoin.io Peace and Karma for Silkcoin!
twitter.com/devnullius
