[ANN][CRYPT] CryptCoin x11 + PoS | P2P Anonymity | 0% Premine | Commander

[vidarh]

I would be talking about Class A voting shares for board members who control the company which would be a Stock corporation huh pretty hilarious.

There's nothing inherent about a specific share class that gives you board members. It is the charter and/or shareholder agreement that determines whether or not any specific class of shares have voting rights, and if they have voting rights, the proportional weight of those votes. E.g. for Google, it is class B shares that hold the majority of the votes (each class B share counts for 10 votes, while class A shares only count for 1 vote each - ensuring that Brin and Page together has a straight up majority, and class C shares does not get a vote at all)

As a bit of a digression the most share classes in a pre-IPO company I've had shares in was 5 (A through E), all with different rights, ranging from different voting rights, to claw-back rights, anti-dilution rights, rights of first refusal and other crap...

There's also nothing requiring an IPO for this kind of setup. On the contrary, most companies that take investors never IPO at all, ever, but remain private, and only solicit investments from a small group (in fact, most coin "IPO"'s are likely to violate various investment regulations, as most places there are stringent restrictions on reporting before you can offer an investment product or share offering to the public).
 

I am equating this and you must have thought I think Crypt is an S-Corp...
Apply this to stocks as if this coin could be one (if it were, then insider trading etc.), this was what is implied as if we are dealing with a stock. Crypt called Whales investors not me,

Ok, so if you're just drawing parallels, then that changes things a bit.

But my main points were that 1) there are many forms of investment that does not require the issuance of shares at all, so it's perfectly possible that these investors are genuinely investors that have put money into the dev team in return for specific return. Debt financing in particular, with or without some form of convertible note or option, is very suitable for crypto coins (and whether the dev team made use of the "not quite a pre-mine" high early block rewards, or simply bought a bunch on the cheap very early on, or whether their "assets" are in the form of other planned revenue sources is relatively irrelevant - as long as they have/had something of monetary value to offer, debt financing or a convertible note would be a possibility with or without an actual corporation) and 2)  that it is common for investors to exercise control over this type of decision, either via board seats, or for that matter via shareholder agreements (e.g. typical VC dictated agreements I've had to deal with often includes a long list of things the investors have veto rights on individually or by majority vote of a group (or share class in a corporation)).

Of course, it could also be this guy is just talking out of his ass. I hope not - I hold more Crypt than I ought to

and they state that they consult the whales. Then to top it off they act in concert with whales and even state it in their Chat, but you are more concerned with what jurisdiction or exact docs are being referenced. You should be more concerned about the insider trading that was divulged in the chat.

No insider trading can be inferred from the chat without knowing 1) whether or not the whales acts on that inside knowledge to alter their buying or selling, and 2) what jurisdiction any agreement is under, and/or what exact form the mentioned investment takes. That's why it matters.

That of course doesn't mean that it isn't or couldn't happen, and it doesn't mean they couldn't be up to something highly unethical without breaking laws. Certainly, one of the possible "returns" the dev team could offer their investors in return for debt financing would be the inside track on a "guaranteed" pump, for example.

Note that the most negative action the investors could take in this case *at this point*, though, would not be prevented by insider trading laws most places, or at least be practically impossible to prove: They can slowly and steadily accumulate, and simply use their decision making position to delay a release to get more people to panic sell. Carrying out a steady trading schedule is allowed most places, as long as the trading pattern isn't materially altered as a result of inside information. And there are near infinite justified reasons possible for delaying a product release.

Of course, if an artifical pump starts, then there's plenty of opportunity for shady dealings, such as giving investors inside track on when the artificial support will vanish. But I have a hard time getting too upset even if that happens: Everyone involved knows this is an unregulated market as of yet, with a long track record of shady shit happening, and a large element of gambling. Anyone buying into this without being prepared to deal with the risks have only  themselves to blame. And at the same time, most of us appear to be quite happy to reap the benefits when we get in/out at the right time of some pump and dump...

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[StonerStanley]

Please be my guest and moon it with your money.

~30 days ago they posted a PHOTOSHOP jpeg about what they intended to do and now they post a VIDEO of a concept with NOTHING yet shown as developed as of now. Fucking sheeps who are attacking people with real concerns.

I am programmer dummy and this looks more and more as an EXIT plan. Mindfox said HIMSELF that he is loyal to the people paying him and not the community. Also Koolio and co haven't been seen posting here or on twitter about crypt for 30 days too. If that's how you think DEV should threat investors please hold the bag I don't care.

I am only trying to protect potential investors here. DON'T GET BURN. DYOR

So you said: "I am only trying to protect potential investors here"
                  "If that's how you think DEV should threat investors please hold the bag I don't care"

Wait, you don't care but you are trying to protect the potential investors o_o Full contradiction.

Anyway, if you are a investor like me and if you want to contact ccryptcoin so contact him...

Silence doesn't mean forgetting.

You are the manipulator manipulated. Me? I invested because it's my choice, i know that any coin can die.

edit: also it's funny how one person put -1 to the video lol... really i laugh xD that guy created a youtube acc only for be able to push -1 button XD

fucking life i laugh so hard everyday xD

[NSA360]

This is why CRYPT will be HUGE!!!

[6/8/14, 2:10:12 PM] Costas (aka mindfox): hi Ahmad
[6/8/14, 2:10:16 PM] Costas (aka mindfox): ok, think this:
[6/8/14, 2:10:23 PM] Costas (aka mindfox): how hard do you think it is to spoof an sms?
[6/8/14, 2:10:29 PM] Costas (aka mindfox): the origin number I mean
[6/8/14, 2:10:38 PM] Costas (aka mindfox): just sit and watch what will happen after a while
[6/8/14, 2:10:54 PM] Costas (aka mindfox): do you remember the fiasco with voicemail messages being heard by other people?
[6/8/14, 2:11:02 PM] Costas (aka mindfox): just because it was very easy to change their callerID?
[6/8/14, 2:11:08 PM] gudcrypt: Good point costas
[6/8/14, 2:11:10 PM] Costas (aka mindfox): imagine that for a second
[6/8/14, 2:11:16 PM] Ahmad (sinarline): ok
[6/8/14, 2:11:16 PM] Costas (aka mindfox): email? that's even worse
[6/8/14, 2:11:32 PM] Costas (aka mindfox): let me give you an example
[6/8/14, 2:11:43 PM] Costas (aka mindfox): wouldn't it be very cool if we didn't need to drive our cars?
[6/8/14, 2:11:49 PM] Costas (aka mindfox): have computers do that for us?
[6/8/14, 2:11:54 PM] Costas (aka mindfox): the technology for that already exists
[6/8/14, 2:12:01 PM] Costas (aka mindfox): but, computers can't make all the calculations needed for that
[6/8/14, 2:12:11 PM] Costas (aka mindfox): so, no such product is "yet" created
[6/8/14, 2:12:17 PM] Costas (aka mindfox): what I mean is:
[6/8/14, 2:12:24 PM] Costas (aka mindfox): don't remove security
[6/8/14, 2:12:28 PM] Costas (aka mindfox): for simplicity sake
[6/8/14, 2:12:28 PM] Bradley: Yeah... It could be done on a higher level.
[6/8/14, 2:12:37 PM] Costas (aka mindfox): it will be a mistake that we will all utterly regret
[6/8/14, 2:13:12 PM] Ahmad (sinarline): what can we do to make the address seem easier, at the same time not compromising security ?
[6/8/14, 2:13:30 PM] Costas (aka mindfox): there are things to do
[6/8/14, 2:13:41 PM] Costas (aka mindfox): but, it would make anonymity blow away
[6/8/14, 2:13:48 PM] Costas (aka mindfox): for example: we can create a DNS-like system
[6/8/14, 2:13:50 PM] Bradley: ^^^
[6/8/14, 2:13:56 PM] Costas (aka mindfox): but, would you announce your name and your address?
[6/8/14, 2:13:57 PM] Bradley: anon would be gone.
[6/8/14, 2:15:25 PM] Ahmad (sinarline): so where are we heading on the next big thing for CRY ? another anon or do you guys have something on the works ?
[6/8/14, 2:15:44 PM] Costas (aka mindfox): a safe anon is the plan for now
[6/8/14, 2:15:46 PM] Ahmad (sinarline): good points above btw
[6/8/14, 2:16:03 PM] Costas (aka mindfox): so, we will do it, the recommended way
[6/8/14, 2:16:10 PM] Ahmad (sinarline): i mean we can implement for example anon as stage #1, but stage #2 we can do something mind blowing
 
[6/8/14, 2:16:47 PM] Costas (aka mindfox): well, I always said this to all the coins that I "consult" in the tech aspect
[6/8/14, 2:17:08 PM] Costas (aka mindfox): if you want extra functionality, put it in 3rd party programs
[6/8/14, 2:17:49 PM] Costas (aka mindfox): if we want "mind-blowing" then we should focus on a very good and detailed API
[6/8/14, 2:18:02 PM] Costas (aka mindfox): give the API power that no other coin has
[6/8/14, 2:18:03 PM] Ahmad (sinarline): what are your thinking on next for CRY ?
[6/8/14, 2:18:12 PM] Costas (aka mindfox): which will allow us to create a bunch of applications for it
[6/8/14, 2:18:18 PM] Costas (aka mindfox): and tie it with other things, but safely
[6/8/14, 2:18:27 PM] Ahmad (sinarline): for example an accounting system, can be tied to it
[6/8/14, 2:18:39 PM] Moosa: an integrated accounting system for CRY would be very popular for merchants.
[6/8/14, 2:18:44 PM] Costas (aka mindfox): yes, that could be one
[6/8/14, 2:18:47 PM] Moosa: thats good idea costas
[6/8/14, 2:19:00 PM] Moosa: On 6/8/14, at 2:17 PM, Costas (aka mindfox) wrote:
> if we want "mind-blowing" then we should focus on a very good and detailed API
> give the API power that no other coin has
[6/8/14, 2:19:04 PM] Moosa: this i like
[6/8/14, 2:19:06 PM] Bradley: Yeah, giving dev's an easy integration point... Would be self advertising.
[6/8/14, 2:19:10 PM] Moosa: aye
[6/8/14, 2:19:14 PM] Costas (aka mindfox): exactly
[6/8/14, 2:19:23 PM] Costas (aka mindfox): make others invest in your coin with more than just btc
[6/8/14, 2:19:32 PM] Ahmad (sinarline): what uses for this API ?
[6/8/14, 2:19:32 PM] Costas (aka mindfox): if others are interested and create applications for your coin
[6/8/14, 2:19:36 PM] Costas (aka mindfox): your coin gets value
[6/8/14, 2:19:44 PM] Ahmad (sinarline): lets see some ideas so we can think of putting those in a video
[6/8/14, 2:19:51 PM] Ahmad (sinarline): like examples, for real world people
[6/8/14, 2:19:52 PM] Costas (aka mindfox): Ahmad, the command-line clients are using the API
[6/8/14, 2:19:56 PM] Costas (aka mindfox): exchanges
[6/8/14, 2:19:58 PM] Costas (aka mindfox): pools
[6/8/14, 2:20:04 PM] Costas (aka mindfox): but for basic operations
[6/8/14, 2:20:12 PM] Costas (aka mindfox): for example: coin control is not in the api
[6/8/14, 2:20:20 PM] Costas (aka mindfox): for another coin, I inserted the ability to not stake
[6/8/14, 2:20:29 PM] Costas (aka mindfox): so it won't create problems with resources
[6/8/14, 2:20:33 PM] Costas (aka mindfox): and poloniex loved it
[6/8/14, 2:20:37 PM] Moosa: nicee
[6/8/14, 2:20:48 PM] Costas (aka mindfox): imagine if you can have coin control used from the command-line client
[6/8/14, 2:20:58 PM] Costas (aka mindfox): be able to distinguish every single transaction, the easy way
[6/8/14, 2:20:58 PM] Ahmad (sinarline): so like buying and selling ?
[6/8/14, 2:21:01 PM] Costas (aka mindfox): or export data
[6/8/14, 2:21:33 PM] Costas (aka mindfox): Ahmad, no. Buying and selling is happening in a virtual environment within the limits of each exchange's DB
[6/8/14, 2:21:51 PM] Costas (aka mindfox): coins are transferred only with deposits and withdrawals
[6/8/14, 2:22:00 PM] Costas (aka mindfox): all exchange actions are just records in a database
[6/8/14, 2:22:09 PM] Costas (aka mindfox): but, as you said
[6/8/14, 2:22:19 PM] Costas (aka mindfox): you can't integrate an ERP system with the wallet
[6/8/14, 2:22:25 PM] Costas (aka mindfox): not without creating complex external applications
[6/8/14, 2:22:35 PM] Costas (aka mindfox): what if you could do it a bit more easy?
[6/8/14, 2:22:50 PM] Costas (aka mindfox): also, what if it allowed you to create addresses that are categorized?
[6/8/14, 2:22:57 PM] Costas (aka mindfox): for example, to make merchant's life easier?
[6/8/14, 2:23:11 PM] Ahmad (sinarline): people need some organization and categories ..etc
[6/8/14, 2:23:25 PM] Moosa: crypt will have merchant incentive if we do that
[6/8/14, 2:23:27 PM] Costas (aka mindfox): imagine the following scenario
[6/8/14, 2:23:36 PM] Costas (aka mindfox): we create a bit more detailed api, with a lot of power in it
[6/8/14, 2:23:43 PM] Moosa: anon + fast and easy power api
[6/8/14, 2:23:46 PM] Costas (aka mindfox): and then, we release an excel add-on that can communicate with the wallet
[6/8/14, 2:23:52 PM] Costas (aka mindfox): just this simple move
[6/8/14, 2:24:00 PM] Ahmad (sinarline): so first coin with API ?
[6/8/14, 2:24:05 PM] Costas (aka mindfox): there is API
[6/8/14, 2:24:13 PM] Moosa: but its weak
[6/8/14, 2:24:15 PM] Costas (aka mindfox): but with basic functionality
[6/8/14, 2:24:17 PM] Moosa: ^^
[6/8/14, 2:24:17 PM] Costas (aka mindfox): yes, exactly
[6/8/14, 2:24:31 PM] Moosa: Integrate the first full fledged powerhouse api
[6/8/14, 2:24:32 PM] Costas (aka mindfox): for example, when you do a payment through the api
[6/8/14, 2:24:33 PM] Costas (aka mindfox): you have no control
[6/8/14, 2:24:47 PM] Ahmad (sinarline): is there like a google spreadsheets API that would integrate with it ?
[6/8/14, 2:24:53 PM] Moosa: now thats something no other coin has
[6/8/14, 2:24:55 PM] Moosa:
[6/8/14, 2:25:06 PM] Costas (aka mindfox): well, I wouldn't go for google spreadsheets
[6/8/14, 2:25:13 PM] Costas (aka mindfox): unless you want google to be able to control your wallet
[6/8/14, 2:25:19 PM] Costas (aka mindfox): but it could be done, yes
[6/8/14, 2:25:30 PM] Ahmad (sinarline): but another dev can do it right ? if its all API
[6/8/14, 2:25:35 PM] Moosa: yea
[6/8/14, 2:25:41 PM] Costas (aka mindfox): Ahmad, anything can be done by anyone
[6/8/14, 2:25:53 PM] Costas (aka mindfox): even if he's not skilled enough, eventually he would be able to do it
[6/8/14, 2:25:55 PM] Moosa: it will easy for them, actually it will incentive it
[6/8/14, 2:25:57 PM] Costas (aka mindfox): it's the idea that matters most
[6/8/14, 2:26:02 PM] Moosa: if its powerful + easy
[6/8/14, 2:26:05 PM] Costas (aka mindfox): and how good you "protect" it from flaws
[6/8/14, 2:26:11 PM] Ahmad (sinarline): yea but we market the API thing, and make useable apps to start with, then the other cool devs would do the rest
[6/8/14, 2:26:32 PM] Costas (aka mindfox): Ahmad, that's how open source projects works I'm afraid
[6/8/14, 2:26:32 PM] Moosa: i could make concept wallet in photoshop maybe
[6/8/14, 2:26:36 PM] Ahmad (sinarline): so API --> we make some samples --> a great video do demonstrate all that --> bingo we get all devs onboard
[6/8/14, 2:26:42 PM] Moosa: nice
[6/8/14, 2:26:45 PM] Costas (aka mindfox): you can't really keep a secret, especially in crypto world
[6/8/14, 2:26:45 PM] Moosa: ya ahmad
[6/8/14, 2:27:41 PM] Ahmad (sinarline): lets work on those mini API samples, so the documentation can be complete, with usable real-world scenarios we can attract more devs
[6/8/14, 2:28:23 PM] Costas (aka mindfox): if you reveal it before it's finished, you risk of someone else stealing your idea
[6/8/14, 2:28:30 PM] Costas (aka mindfox): and you can't prove anything
[6/8/14, 2:28:46 PM] Ahmad (sinarline): nothing to be revealed, it stays here between us till we release , how's that ?
[6/8/14, 2:28:48 PM] Ahmad (sinarline):
[6/8/14, 2:29:01 PM] Costas (aka mindfox): let's prioritize things Ahmad though
[6/8/14, 2:29:11 PM] Costas (aka mindfox): I mean, I can't working in 2 different projects of that magnitude
[6/8/14, 2:29:28 PM] Costas (aka mindfox): well, I could, but the results would take longer and we risk of perhaps losing focus?
[6/8/14, 2:29:45 PM] Costas (aka mindfox): sorry if I sound too careful, but I saw it happening many times with my company
[6/8/14, 2:30:01 PM] Costas (aka mindfox): when they tried to put in R&D (my dept) a lot more projects than it could handle
[6/8/14, 2:30:07 PM] Costas (aka mindfox): according to QA always, right?
[6/8/14, 2:30:43 PM] Ahmad (sinarline): yea i got what u mean
[6/8/14, 2:30:52 PM] Ahmad (sinarline): so whats your suggested next steps ?
[6/8/14, 2:34:09 PM] Costas (aka mindfox): I'm trying to think
[6/8/14, 2:35:01 PM] Costas (aka mindfox): I'll be honest here
[6/8/14, 2:35:06 PM] Ahmad (sinarline): ok,,
[6/8/14, 2:35:13 PM] Costas (aka mindfox): my strong point is coding and community support
[6/8/14, 2:35:24 PM] Costas (aka mindfox): community means mostly long term projects
[6/8/14, 2:35:48 PM] Costas (aka mindfox): so, I don't know what I can do to create the so called "hype"
[6/8/14, 2:35:53 PM] Costas (aka mindfox): all I can do, is lay down ideas
[6/8/14, 2:36:22 PM] Ahmad (sinarline): so for example API integration, can u do that ?
[6/8/14, 2:36:48 PM] Costas (aka mindfox): yes, I can do it. otherwise I wouldn't propose it
[6/8/14, 2:37:01 PM] Costas (aka mindfox): I am not the one who is suggesting what others could do
[6/8/14, 2:37:07 PM] Costas (aka mindfox): only if I'm asked to
[6/8/14, 2:37:15 PM] Costas (aka mindfox): but usually, when I have ideas, I also have some concept that goes with them
[6/8/14, 2:37:21 PM] Ahmad (sinarline): cool
[6/8/14, 2:37:47 PM] Costas (aka mindfox): but, I would need a plain user's perspective
[6/8/14, 2:38:02 PM] Ahmad (sinarline): lets think of scenarios for real world API usage
[6/8/14, 2:38:08 PM] Ahmad (sinarline): and make some examples
[6/8/14, 2:38:10 PM] Costas (aka mindfox): for example: what is it that a plain user would love to see, regarding simplicity, usability and information gathering?
[6/8/14, 2:38:16 PM] Ahmad (sinarline): something easy that we can do
[6/8/14, 2:38:21 PM] Ahmad (sinarline): like lay down the basics
[6/8/14, 2:38:21 PM] Costas (aka mindfox): Ahmad, you got me on that
[6/8/14, 2:38:28 PM] Ahmad (sinarline): hehe
[6/8/14, 2:38:34 PM] Moosa: integration into social media FB twitter ect..
[6/8/14, 2:40:41 PM] Costas (aka mindfox): I think it uses a central processing server for sms
[6/8/14, 2:41:56 PM] Ahmad (sinarline): i gotta think of some stuff and see if i can post some shortly
[6/8/14, 2:41:59 PM] Moosa: LOL
[6/8/14, 2:41:59 PM] Ahmad (sinarline): brb
[6/8/14, 2:42:04 PM] Moosa: k ahmad
[6/8/14, 2:42:33 PM] Ahmad (sinarline): what can the API provide exactly ? like raw info of what ?
[6/8/14, 2:42:46 PM] Costas (aka mindfox): you send a command and you get a result
[6/8/14, 2:42:59 PM] Costas (aka mindfox): for now, you can check transactions (by id), wallet addresses
[6/8/14, 2:43:04 PM] Costas (aka mindfox): total amounts
[6/8/14, 2:43:07 PM] Costas (aka mindfox): send payments
[6/8/14, 2:43:23 PM] Ahmad (sinarline): send and receive payments possible right ?
[6/8/14, 2:43:27 PM] Costas (aka mindfox): yes of course
[6/8/14, 2:43:32 PM] Costas (aka mindfox): well, not receive
[6/8/14, 2:43:33 PM] Costas (aka mindfox): send
[6/8/14, 2:43:43 PM] Costas (aka mindfox): you can't control the receival of a payment
[6/8/14, 2:43:45 PM] Ahmad (sinarline): so for example, can a firefox or chrome add-on be made to send payments easily ?
[6/8/14, 2:43:53 PM] Ahmad (sinarline): why not recieve ?
[6/8/14, 2:44:15 PM] Costas (aka mindfox): if you ask to receive a payment, who would grant your wish?
[6/8/14, 2:44:42 PM] Ahmad (sinarline): but if someone sends the other guys recieves ? no ? _
[6/8/14, 2:44:43 PM] Ahmad (sinarline):
[6/8/14, 2:44:46 PM] Costas (aka mindfox): yes
[6/8/14, 2:44:52 PM] Costas (aka mindfox): but wallet doesn't have to be open for that
[6/8/14, 2:44:57 PM] Costas (aka mindfox): it is stored in the blockchain
[6/8/14, 2:45:06 PM] Ahmad (sinarline): ok did someone do a chrome or firefox wallet before ?
[6/8/14, 2:45:07 PM] Costas (aka mindfox): so when you open your wallet, you see that it happened
[6/8/14, 2:45:35 PM] Costas (aka mindfox): I think there were web wallets that used browser localstorage
[6/8/14, 2:45:44 PM] Costas (aka mindfox): but it is very dangerous
[6/8/14, 2:46:16 PM] Ahmad (sinarline): aha yea
[6/8/14, 3:46:16 PM] Ahmad (sinarline): I'm proposing an idea for API , is verified addresses, so basically anyone can have the option to verify thier address and link it to his email, making "paypal" type of transactions possible
[6/8/14, 3:46:31 PM] Moosa: hello ahmad
[6/8/14, 3:46:35 PM] Moosa: ok
[6/8/14, 3:46:36 PM] Ahmad (sinarline): Hey moosa
[6/8/14, 3:46:55 PM] Ahmad (sinarline): I bought the email discussion before above
[6/8/14, 3:47:20 PM] Moosa: i see
[6/8/14, 3:48:07 PM] Ahmad (sinarline): API is a big thing
[6/8/14, 3:48:12 PM] Ahmad (sinarline): Once we do that
[6/8/14, 3:48:14 PM] Moosa: yeah it could be very popular
[6/8/14, 3:48:19 PM] Ahmad (sinarline): We do some cool examples ourselves
[6/8/14, 3:48:28 PM] Ahmad (sinarline): And while the other devs start making tools
[6/8/14, 3:48:32 PM] Moosa: yeah
[6/8/14, 3:49:16 PM] Ahmad (sinarline): First API  draft, then we create demos
[6/8/14, 3:49:25 PM] Moosa: cool
[6/8/14, 3:49:39 PM] Moosa: What 'app' do we plan to showcase with the api
[6/8/14, 3:49:44 PM] Ahmad (sinarline): One of the demos could be spreadsheet linking like mindfox mentioned
[6/8/14, 3:49:45 PM] Moosa: our flagship
[6/8/14, 3:49:49 PM] Moosa: i see
[6/8/14, 3:49:54 PM] Ahmad (sinarline): Maybe think of something better
[6/8/14, 3:50:06 PM] Ahmad (sinarline): But i feel email verification could eork
[6/8/14, 3:50:09 PM] Ahmad (sinarline): *work
[6/8/14, 3:50:11 PM] Moosa: So we can advertise us a being versatile for devs and promote merchants also ?
[6/8/14, 3:50:33 PM] Moosa: I think step 1 from here
[6/8/14, 3:50:35 PM] Moosa: today is
[6/8/14, 3:50:40 PM] Moosa: to have apresentable plan
[6/8/14, 3:50:43 PM] Moosa: to show
[6/8/14, 3:50:51 PM] Moosa: that way we have it for our reference
[6/8/14, 3:50:57 PM] Moosa: and for people coming to us
[6/8/14, 3:52:30 PM] Ahmad (sinarline): Aha gotcha
[6/8/14, 3:52:46 PM] Costas (aka mindfox): both projects are quite large
[6/8/14, 3:52:54 PM] Ahmad (sinarline): Yea I can imagine
[6/8/14, 3:52:57 PM] Costas (aka mindfox): one (anon) is about implementing something very very secure as it should
[6/8/14, 3:53:53 PM] Moosa: i agree
[6/8/14, 3:53:57 PM] Costas (aka mindfox): so, it's not about fairness, it's about productivity
[6/8/14, 3:54:04 PM] Moosa: yeah exactly
[6/8/14, 3:54:10 PM] Moosa: as productive as possible
[6/8/14, 3:54:22 PM] Costas (aka mindfox): I believe I'm a professional, so I have no emotional ties
[6/8/14, 3:54:36 PM] Ahmad (sinarline): Costas what's the ETA on anon project ?
[6/8/14, 3:54:56 PM] Costas (aka mindfox): Ahmad, the goal is to have a workable test version by the end of june
[6/8/14, 3:55:01 PM] Costas (aka mindfox): but that eta is not public
[6/8/14, 3:55:16 PM] Moosa: I say ahmad me and your draft something like this
[6/8/14, 3:55:50 PM] Costas (aka mindfox): as you know, if the eta is not met for any reason, people will attack the project, without thinking about anything else than how to spread fud
[6/8/14, 3:56:04 PM] Moosa: ^
[6/8/14, 3:56:34 PM] Moosa: What the others should worry about is the API project
[6/8/14, 4:03:08 PM] Ahmad (sinarline): Yea
[6/8/14, 4:03:38 PM] Moosa: Costas
[6/8/14, 4:03:42 PM] Costas (aka mindfox): yes?
[6/8/14, 4:04:01 PM] Moosa: on a scale of 1 to 10 the deployment of the API system we plan to incorporate what do u think it is?
[6/8/14, 4:04:08 PM] Moosa: in difficulty
[6/8/14, 4:04:21 PM] Costas (aka mindfox): it all depends on the functionality we want to inject
[6/8/14, 4:04:53 PM] Costas (aka mindfox): for example:
[6/8/14, 4:04:57 PM] Moosa: ok
[6/8/14, 4:05:03 PM] Costas (aka mindfox): return a list of the top10 transactions (in amount of coins)
[6/8/14, 4:05:24 PM] Costas (aka mindfox): or
[6/8/14, 4:05:41 PM] Costas (aka mindfox): find the addresses of wallets that sent me the most total number of transactions over a period
[6/8/14, 4:06:35 PM] Costas (aka mindfox): or, create recursive payments to this address, every X amount of days, for Z number of times (or till date 11/22/2099)
[6/8/14, 4:06:49 PM] Costas (aka mindfox): or... you name it
[6/8/14, 4:07:07 PM] Costas (aka mindfox): whatever it could be constructed by many API calls, can be used to create one specific API call
[6/8/14, 4:07:15 PM] Costas (aka mindfox): it would make communication with the wallet a lot faster
[6/8/14, 4:07:23 PM] Costas (aka mindfox): and give structured info
[6/8/14, 4:07:33 PM] Costas (aka mindfox): which in turn could be used by other applications
[6/8/14, 4:07:47 PM] Costas (aka mindfox): without having to know about blocks and transactions and the lot
[6/8/14, 4:08:02 PM] Costas (aka mindfox): that would make programming the wallet a lot easier
[6/8/14, 4:08:10 PM] Costas (aka mindfox): because now, one must know about how coins works
[6/8/14, 4:08:26 PM] Costas (aka mindfox): so, it all depends on how complete and what range of applications we would like to cover
[6/8/14, 4:08:31 PM] Costas (aka mindfox): in reality, sky's the limit
[6/8/14, 4:08:40 PM] Costas (aka mindfox): we will of course would like to retain some balalnce
[6/8/14, 4:08:56 PM] Costas (aka mindfox): binary weight / api commands
[6/8/14, 4:09:03 PM] Costas (aka mindfox): but I believe you get the point
[6/8/14, 4:09:33 PM] Costas (aka mindfox): so, the real world example (to fight the fudders) would be: make this (through a single call)
[6/8/14, 4:09:45 PM] Costas (aka mindfox): and when the fudder will say: "We can already do that you moron!"
[6/8/14, 4:10:24 PM] Costas (aka mindfox): we will answer: "Yes, with 100 api calls and XXX MB of bandwidth usage and with YYY RAM used to bridge the info, and have it running for UUU amount of time"
[6/8/14, 4:10:41 PM] Moosa: i see
[6/8/14, 4:11:26 PM] Costas (aka mindfox): I believe what would be really nice to add to the API and it would be cutting edge in practical use, would be the coin control
[6/8/14, 4:11:34 PM] Costas (aka mindfox): being able to select which transactions to pick in order to send coins
[6/8/14, 4:11:54 PM] Costas (aka mindfox): because right now, either you let the wallet pick (and it uses the oldest ones, so for PoS coins this is a disaster)
[6/8/14, 4:12:06 PM] Costas (aka mindfox): or you create the transaction manually (which is a kill, believe me)
[6/8/14, 4:12:23 PM] Ahmad (sinarline): Can the API make trading easier ? Like bot linking ..etc or not ?
[6/8/14, 4:12:44 PM] Costas (aka mindfox): well, not easier
[6/8/14, 4:12:58 PM] Costas (aka mindfox): because for that purpose, those applications are already aware of how the coin api works
[6/8/14, 4:13:03 PM] Costas (aka mindfox): so it's not so big problem for them
[6/8/14, 4:13:05 PM] Costas (aka mindfox): but
[6/8/14, 4:13:25 PM] Costas (aka mindfox): being able to select which coins you're going to use to deposit to the exchange is crucial (with PoS coins)
[6/8/14, 4:13:34 PM] Costas (aka mindfox): the oldest coins you use, the more expensive it is
[6/8/14, 4:13:48 PM] Costas (aka mindfox): because when you do, you destroy their coinage (which means, they won't stake for you)
[6/8/14, 4:14:14 PM] Ahmad (sinarline): Aha
[6/8/14, 4:14:18 PM] Costas (aka mindfox): till now, you could do it only with the graphical client by selecting the transactions manually (clicking on checkboxes)
[6/8/14, 4:14:25 PM] Costas (aka mindfox): also another concept towards that is for exchanges
[6/8/14, 4:14:39 PM] Costas (aka mindfox): as you may have noticed, more and more exchanges are staking and distributing the coins generated to users
[6/8/14, 4:14:55 PM] Costas (aka mindfox): instead of having to move the coins to cold wallets and waste the original coinage,
[6/8/14, 4:14:59 PM] Ahmad (sinarline): Like the #1 wallet in cry right ?
[6/8/14, 4:15:10 PM] Costas (aka mindfox): we could give them the ability to perform payouts by using the latest transactions and not the oldest
[6/8/14, 4:15:46 PM] Costas (aka mindfox): payouts = withdrawals from the user's aspect
[6/8/14, 4:16:54 PM] Costas (aka mindfox): I believe that by caring what exchanges needs, you create a good partner for your coin
[6/8/14, 4:17:16 PM] Costas (aka mindfox): I witnessed it in my interaction with exchange admin members
[6/8/14, 4:17:58 PM] Costas (aka mindfox): most of them kept telling me that they wish others would be so helpful (devs I mean) for their coins and how good it was that I was taking under consideration their needs
[6/8/14, 4:18:35 PM] Costas (aka mindfox): key role (imho) is exchanges at first
[6/8/14, 4:18:48 PM] Costas (aka mindfox): and merchants or payment gateways, after
[6/8/14, 4:19:04 PM] Costas (aka mindfox): if one wants to create a coin with a future, that is
[6/8/14, 4:19:13 PM] Costas (aka mindfox): if not, then only exchanges
[6/8/14, 4:19:25 PM] Costas (aka mindfox): and then, fancy stuff
[6/8/14, 4:19:36 PM] Costas (aka mindfox): so, it all depends on where we're heading with CRY
[6/8/14, 4:21:13 PM] Costas (aka mindfox): and since both projects are based on my ideas, I believe we got the emotional aspect covered as well
[6/8/14, 4:21:29 PM] Ahmad (sinarline): Hehe yea
[6/8/14, 4:21:33 PM] Costas (aka mindfox): I didn't mean it as an ego-thing
[6/8/14, 4:21:39 PM] Costas (aka mindfox): just to show that both projects excites me
[6/8/14, 4:27:02 PM] Costas (aka mindfox): if you allow me to go afk. dinner time (it's 23:26 here)
[6/8/14, 4:27:59 PM] Moosa: cool
[6/8/14, 4:30:39 PM] Ahmad (sinarline): Cool see ya
 
 
--------
 
[6/10/14, 7:36:30 PM] Moosa: Nothing comprising
[6/10/14, 7:36:47 PM] Moosa: Up to your discretion if you feel no
[6/10/14, 7:36:50 PM] Moosa: Then that's fine
[6/10/14, 7:36:56 PM] Costas (aka mindfox): the thing is
[6/10/14, 7:37:23 PM] Costas (aka mindfox): the only thing that could be taken as a screenshot, is the code itself
[6/10/14, 7:37:51 PM] Costas (aka mindfox): the tests I'm' doing are not like: Open Wallet -> Anon Transaction -> Check it went through
[6/10/14, 7:37:58 PM] Costas (aka mindfox): that's the final step
[6/10/14, 7:38:10 PM] Moosa: ah
 
[6/10/14, 7:40:33 PM] Costas (aka mindfox): to help you understand better how this goes
[6/10/14, 7:40:34 PM] Moosa: and you have my full support going with it
[6/10/14, 7:40:37 PM] Moosa: sure
[6/10/14, 7:40:44 PM] Costas (aka mindfox): I am designing the principles of how it will work
[6/10/14, 7:40:49 PM] Costas (aka mindfox): break down the flows
[6/10/14, 7:41:00 PM] Costas (aka mindfox): create prototype code and test it
[6/10/14, 7:41:14 PM] Costas (aka mindfox): if something doesn't work as it should, either re-code it, or re-design it
[6/10/14, 7:41:24 PM] Costas (aka mindfox): it's a repetitive work
[6/10/14, 7:42:15 PM] Costas (aka mindfox): now, I don't believe that a command-line like this: sendmsg "address" and a result from it would really mean something
[6/10/14, 7:42:18 PM] gudcrypt: Moosa how are talks with Cryptsy and MintPal?
[6/10/14, 7:42:25 PM] Moosa: I spoke with Horus the other night, they have forwarded my request to Paul, also a big investor I know was going to reach out to Mint and offer them incentive.
[6/10/14, 7:44:43 PM] Moosa: We should be listed on Cryptsy soon and Mint to follow
[6/10/14, 7:44:53 PM] gudcrypt: Awesome work man!
[6/10/14, 7:45:00 PM] Costas (aka mindfox): Mullick at Cryptsy knows me so being listed there should pose no issue.
[6/10/14, 7:45:01 PM] gudcrypt: good to know
[6/10/14, 7:45:05 PM] Moosa: anyways good chat will check back tomorrow
[6/10/14, 7:45:07 PM] Costas (aka mindfox): goodbye
[6/10/14, 7:45:13 PM] gudcrypt: later
[6/10/14, 7:45:14 PM] Moosa:


This ^^^ is why CRYPT will be HUGE!!!

#CRYPT #BESTNAME #ALTCOINS

(this info is public and available using only google with the right keywords)

[StonerStanley]

Really guys the video and the sound is amazing.

I'm fan now 

[magaura]

Stop that...so boring.. key not working? ...I'm sure mindfox will finish...! but...you investors...now be more patient...because price can not exploding...because there are so many unbelivers...haters...

[NSA360]

#CRYPT has the #BESTNAME between all #ALTCOINS.
Has the best #WHALES and the #BESTFANS who are in the #BEST_COMMUNITY on #IRC_CHAT.
Listed on the best #EXCHANGES, #CRYPT_TEAM is preparing the #MOON!
We are all  #READY now

[NSA360]

New Update!! 7/24/2014

Crypt Commander Info Video

IT MUST BE ADDED TO http://cryptco.org/

[NSA360]

CRYPT: ALIVE and KICKING

[guolong9988]

http://CRYPT.nmgpool.com/


Reward System: Full Stratum/Vardiff system with PROP
Server Location: China/America
Pro Hardware: Connections: 10 gigabit network hypervisor/storage. Direct connection to AIMX, MSX
Storage: Fast ZFS based environment with SSD cache and 32 disks.
CPU: Xeon 64bit / 16 powerful CPU cores
Ram: 128 GB RAM.

Security:
Two different geo-locations Hot wallets (primary and instant back-up).
Offline secured cold Wallet.
Automated back-ups and warning system for operators.
Ddos protecion.


Welcome friends to join our team！

[silikonski]

https://i.imgur.com/IyzJ8Xa.png

New Update!! 7/24/2014

https://i.imgur.com/PtdQaP6.png

Wallets:

/IBV9ZN]https://i.imgur.com/So1NBaz.png  /G61Fds]https://i.imgur.com/oMCome8.png

https://i.imgur.com/kmlCrzS.png

https://i.imgur.com/QeNY4yN.png  https://i.imgur.com/IyCqr2w.png  https://i.imgur.com/tOzeExD.png  https://i.imgur.com/nfXaSDH.png
IRC: Freenode IRC #cryptcoin
Facebook: http://www.facebook.com/cryptcoin
Twitter: http://www.twitter.com/cryptcointeam
Website: http://cryptco.org

https://i.imgur.com/PF5BK52.png


 

Thank you for page update, looks great now!
Can you also do something with Github page?

[NSA360]

Nice Rally today! Go #CRYPT #FTW

[timk225]

I want the whales and CRYPT market manipulators to contact me via PM and give me the inside info on when to buy and sell my coins, when the peak of the market price is here, when they will pull support, etc.  I have almost 1200 coins, so even if I dump it all, it's not going to upset the market.  I'd like to remind you all that I have a wedding in October that requires funding, so it's not entirely for my own personal greed.

knight-cop-boy, if you really were one - every time I see a video of some cop abusing people or exceeding their authority, I get mad.  And every time some nutball pulls off a radabonzical headshot and takes out a few cops, I get happy.  Do you hate me for that?
Cops need to get their dick smacked every now and then, to remind them they are NOT some sort of storm trooper with a gun and badge and ultimate authority.

This coin needs a HARD FORK with the wallet release, to aid in pumping its price up.  There are enough idiots buying this coin that don't understand the details but they think they know enough that if a new feature requires a HARD FORK, it must be great news, and buy more and drive up the price!

Even if a HARD FORK is not required for this new wallet, HARD FORK it anyway, it'll look better!  Make up a BS story about why it has to be done to maximize my profits!

[child_harold]

Really guys the video and the sound is amazing.

I'm fan now  

Simply STUNNING \o/

[flyingcatt]

Oh fuck this coin looks good.

[child_harold]

Oh fuck this coin looks good.

All things come to those who wait.

yes my airborne feline friend - this coin looks f***ing good

\o/

[child_harold]

Now if MindFox were to make his announcement within 24 hours this baby's gonna get knocked out the park.

I am assuming the timing of today's announcement is no coincidence.

We shall see 

[NSA360]

No crash today! We go stabilize and rise slowly!!!

#CRYPT #BESTNAME #ALTCOINS

[magaura]

No crash today! We go stabilize and rise slowly!!!

#CRYPT #BESTNAME #ALTCOINS

And this is good... no need quick huge jump...before anon...

[fast2fix]

awesome to the moon!!   

[Uran0s]

I didnt expect such video, freaking professional, great job guys ;].