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Author Topic: [ANN] Revamped PinkCoin (PC / PINK) PoS | Multipool | Fundraiser | Anonymous  (Read 206968 times)
gatti
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May 30, 2014, 03:06:52 AM
 #241

Sucked up a cool million

Tried to get it at 17 sats but I was far too late. Smiley



Awesome, I put an order in at 15 last night thinking it would still be there in the morning. Luckily, I believe I caught the last dump into the teens Smiley

Nice one! Moon!
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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cryptoholic11
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May 30, 2014, 05:41:35 AM
 #242

Bluecoin 1billion coins, 3% premine... skyrocketed over 100sats right now because their announcement of android wallet release. Now imagine the potential of pinkcoin

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May 30, 2014, 05:42:33 AM
 #243

hypsters  Huh

altcoincasinogulagshoppingshow FUD is good, look @altcoin prices ...
pls fud me hard via pm
id appriciate that.
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May 30, 2014, 05:48:01 AM
 #244

Bluecoin 1billion coins, 3% premine... skyrocketed over 100sats right now because their announcement of android wallet release. Now imagine the potential of pinkcoin

That's just nuts. *sigh* The annoying thing about android wallets is that they depend on centralized block-chains.

/endgrumble

Update about anon in an hour or so. Nothing to get pumped up about, just a bunch of info for now. Dev is still hard at work after we hashed out the details earlier today.
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May 30, 2014, 06:40:17 AM
 #245

if i was a useful community member ....
no skills at all
but i have money !
lets raise sth lol
breastcancer stuff is boring
so political correct  Roll Eyes
i want the opposite

altcoincasinogulagshoppingshow FUD is good, look @altcoin prices ...
pls fud me hard via pm
id appriciate that.
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May 30, 2014, 07:25:32 AM
 #246

Why this coin have a very little buy support instead of others SHITCOIN(Huge quantity) on bittrex?

Try best at: |OK Pay-Quick Change| USD-BTC-LTC-EUR-WIRE-VISA/MASTER Find me:  https://onename.io/bitcoinbd
Please donate few BTC : 189YmAMvi3SZCXCVqAFtVmGKWzanYtfsoH
Mine all CryptoNote coin with a ready GUI client-Excellent solution. Follow me: https://twitter.com/BitBD
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May 30, 2014, 07:29:48 AM
 #247

Why this coin have a very little buy support instead of others SHITCOIN(Huge quantity) on bittrex?

Our anon feature isn't working properly yet. There's some more news on that coming extremely shortly. We're also looking at proactively addressing any other concerns people might have but might not have mentioned.
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May 30, 2014, 07:31:07 AM
 #248

Few investment on PC ( around 5-7BTC) can increase its price around 10x.

Try best at: |OK Pay-Quick Change| USD-BTC-LTC-EUR-WIRE-VISA/MASTER Find me:  https://onename.io/bitcoinbd
Please donate few BTC : 189YmAMvi3SZCXCVqAFtVmGKWzanYtfsoH
Mine all CryptoNote coin with a ready GUI client-Excellent solution. Follow me: https://twitter.com/BitBD
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May 30, 2014, 09:04:18 AM
Last edit: May 30, 2014, 09:14:53 AM by sumgye
 #249

Alright guys, here's where we're at. The mixer wasn't actually functioning properly, and after talking to the dev about the concept we really wanted to sever all ties from the sender and the receiver in the blockchain. This meant coming up with a completely new implementation. The dev is working on that now, as he has been all day. We should be able to test it in a day or two and we'll be looking for volunteers to test it once we're satisfied it works with our own coins. I'll post updates on his progress. In the meantime the site will serve as a concept page and effectively works as a send proxy.

Here is an infographic showing the method that is currently being implemented for anon.pinkcoin.info - though please know that it is presently not live.  It is a completely centralized method that is specifically designed to work through a website, and not among the methods that are being discussed by our team for inclusion in the wallet.


So basically we're planning to seed the sending account with a million coins. When you send your coins to the address the website gives you, it will go into the receiving account. Then the coins are sent to their destination from the sending account with that million pinkcoins we seeded into it. Over time the receiving account will fill up, and the sending account will deplete. When the sending account gets less than half full, the whole thing flips, and the coins that were pooling up in the receiving account are used to send, and the original send account is set for receiving so it can pool up more coins.

This way, the coins that you send never actually get to the place you sent them to. Someone elses coins are sent instead, and the transaction is instant. And eventhough the thing will tend to flip back and forth once the receiving and sending accounts are roughly equal in size, the oldest coins are always sent first, so there are no coins ever sitting around doing nothing. There's a constant flow through the million coin circulation system where none of the actual transactions are connected in the blockchain.

With a million coin pool, the largest transaction the system can support is 500k pinkcoins. Send more than that, and the coins will just bounce back to you - that will just be a temporary failsafe while the whole thing is still experimental. Eventually, once we're certain that the core is solid and stable, I'm thinking we can just have large sends bounce to a feeder account that will break down the coins and send it through the system in random sized smaller chunks.

We're happy to accept any criticism on the concept. We're always looking for input on things we may not have thought of and how we can make it cleaner. I need to get some sleep now but I will reply to all questions, comments, and concerns regarding this system in the morning.


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May 30, 2014, 09:10:32 AM
 #250

good luck. seems like a long road ahead.
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May 30, 2014, 10:42:23 AM
 #251

i cant say if thats a good anonymity system
but for sure its no drk ripoff like XC
good  Grin

altcoincasinogulagshoppingshow FUD is good, look @altcoin prices ...
pls fud me hard via pm
id appriciate that.
flowerpots
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May 30, 2014, 10:48:06 AM
 #252

Alright guys, here's where we're at. The mixer wasn't actually functioning properly, and after talking to the dev about the concept we really wanted to sever all ties from the sender and the receiver in the blockchain. This meant coming up with a completely new implementation. The dev is working on that now, as he has been all day. We should be able to test it in a day or two and we'll be looking for volunteers to test it once we're satisfied it works with our own coins. I'll post updates on his progress. In the meantime the site will serve as a concept page and effectively works as a send proxy.

Here is an infographic showing the method that is currently being implemented for anon.pinkcoin.info - though please know that it is presently not live.  It is a completely centralized method that is specifically designed to work through a website, and not among the methods that are being discussed by our team for inclusion in the wallet.


So basically we're planning to seed the sending account with a million coins. When you send your coins to the address the website gives you, it will go into the receiving account. Then the coins are sent to their destination from the sending account with that million pinkcoins we seeded into it. Over time the receiving account will fill up, and the sending account will deplete. When the sending account gets less than half full, the whole thing flips, and the coins that were pooling up in the receiving account are used to send, and the original send account is set for receiving so it can pool up more coins.

This way, the coins that you send never actually get to the place you sent them to. Someone elses coins are sent instead, and the transaction is instant. And eventhough the thing will tend to flip back and forth once the receiving and sending accounts are roughly equal in size, the oldest coins are always sent first, so there are no coins ever sitting around doing nothing. There's a constant flow through the million coin circulation system where none of the actual transactions are connected in the blockchain.

With a million coin pool, the largest transaction the system can support is 500k pinkcoins. Send more than that, and the coins will just bounce back to you - that will just be a temporary failsafe while the whole thing is still experimental. Eventually, once we're certain that the core is solid and stable, I'm thinking we can just have large sends bounce to a feeder account that will break down the coins and send it through the system in random sized smaller chunks.

We're happy to accept any criticism on the concept. We're always looking for input on things we may not have thought of and how we can make it cleaner. I need to get some sleep now but I will reply to all questions, comments, and concerns regarding this system in the morning.


Problem with this:

- it's not decentralized
- the amount of PINK's that are send into the mixer is exactly the same amount that goes out, so it's still possible to link these transactions

Or I misunderstood...

sonysasankan (OP)
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May 30, 2014, 11:38:42 AM
 #253

Hey... bigman just came online and I spoke with him now Smiley He's updated the thread with our new ANN link and locked it so people don't post there anymore. That should help in this thread getting on top of the search results. Thanks a lot bigman Smiley

Insider tip.... buy Pink  Grin

Pinkcoin Donations Address ---> PINK: PB9TmJXZTqzLroz9cLzCQe2cNWzEwJeq5g | BTC: 14Yxxxxko19qtLi3k2yvtWQ54vSQg2mLjB <---
Rent Mining rigs for cheap
free2yu
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May 30, 2014, 12:02:40 PM
 #254

Alright guys, here's where we're at. The mixer wasn't actually functioning properly, and after talking to the dev about the concept we really wanted to sever all ties from the sender and the receiver in the blockchain. This meant coming up with a completely new implementation. The dev is working on that now, as he has been all day. We should be able to test it in a day or two and we'll be looking for volunteers to test it once we're satisfied it works with our own coins. I'll post updates on his progress. In the meantime the site will serve as a concept page and effectively works as a send proxy.

Here is an infographic showing the method that is currently being implemented for anon.pinkcoin.info - though please know that it is presently not live.  It is a completely centralized method that is specifically designed to work through a website, and not among the methods that are being discussed by our team for inclusion in the wallet.


So basically we're planning to seed the sending account with a million coins. When you send your coins to the address the website gives you, it will go into the receiving account. Then the coins are sent to their destination from the sending account with that million pinkcoins we seeded into it. Over time the receiving account will fill up, and the sending account will deplete. When the sending account gets less than half full, the whole thing flips, and the coins that were pooling up in the receiving account are used to send, and the original send account is set for receiving so it can pool up more coins.

This way, the coins that you send never actually get to the place you sent them to. Someone elses coins are sent instead, and the transaction is instant. And eventhough the thing will tend to flip back and forth once the receiving and sending accounts are roughly equal in size, the oldest coins are always sent first, so there are no coins ever sitting around doing nothing. There's a constant flow through the million coin circulation system where none of the actual transactions are connected in the blockchain.

With a million coin pool, the largest transaction the system can support is 500k pinkcoins. Send more than that, and the coins will just bounce back to you - that will just be a temporary failsafe while the whole thing is still experimental. Eventually, once we're certain that the core is solid and stable, I'm thinking we can just have large sends bounce to a feeder account that will break down the coins and send it through the system in random sized smaller chunks.

We're happy to accept any criticism on the concept. We're always looking for input on things we may not have thought of and how we can make it cleaner. I need to get some sleep now but I will reply to all questions, comments, and concerns regarding this system in the morning.




very good  maproad ,that we know the dev is doing  things .  hold  my coin  to da moon !
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May 30, 2014, 01:28:39 PM
 #255

Tell me about it... even if someone dumps, buy orders are placed almost instantly back up. A lot of people are watching pink closely Smiley The ANN thread page views shot up very fast since we announced anon.

Pinkcoin Donations Address ---> PINK: PB9TmJXZTqzLroz9cLzCQe2cNWzEwJeq5g | BTC: 14Yxxxxko19qtLi3k2yvtWQ54vSQg2mLjB <---
Rent Mining rigs for cheap
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May 30, 2014, 01:35:29 PM
 #256

I see future in this coin  Smiley VERY GOOD JOB DEV!
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May 30, 2014, 01:53:14 PM
 #257

reveal your identity developers !
transperency is sooo important

altcoincasinogulagshoppingshow FUD is good, look @altcoin prices ...
pls fud me hard via pm
id appriciate that.
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May 30, 2014, 02:28:06 PM
 #258

Alright guys, here's where we're at. The mixer wasn't actually functioning properly, and after talking to the dev about the concept we really wanted to sever all ties from the sender and the receiver in the blockchain. This meant coming up with a completely new implementation. The dev is working on that now, as he has been all day. We should be able to test it in a day or two and we'll be looking for volunteers to test it once we're satisfied it works with our own coins. I'll post updates on his progress. In the meantime the site will serve as a concept page and effectively works as a send proxy.

Here is an infographic showing the method that is currently being implemented for anon.pinkcoin.info - though please know that it is presently not live.  It is a completely centralized method that is specifically designed to work through a website, and not among the methods that are being discussed by our team for inclusion in the wallet.


So basically we're planning to seed the sending account with a million coins. When you send your coins to the address the website gives you, it will go into the receiving account. Then the coins are sent to their destination from the sending account with that million pinkcoins we seeded into it. Over time the receiving account will fill up, and the sending account will deplete. When the sending account gets less than half full, the whole thing flips, and the coins that were pooling up in the receiving account are used to send, and the original send account is set for receiving so it can pool up more coins.

This way, the coins that you send never actually get to the place you sent them to. Someone elses coins are sent instead, and the transaction is instant. And eventhough the thing will tend to flip back and forth once the receiving and sending accounts are roughly equal in size, the oldest coins are always sent first, so there are no coins ever sitting around doing nothing. There's a constant flow through the million coin circulation system where none of the actual transactions are connected in the blockchain.

With a million coin pool, the largest transaction the system can support is 500k pinkcoins. Send more than that, and the coins will just bounce back to you - that will just be a temporary failsafe while the whole thing is still experimental. Eventually, once we're certain that the core is solid and stable, I'm thinking we can just have large sends bounce to a feeder account that will break down the coins and send it through the system in random sized smaller chunks.

We're happy to accept any criticism on the concept. We're always looking for input on things we may not have thought of and how we can make it cleaner. I need to get some sleep now but I will reply to all questions, comments, and concerns regarding this system in the morning.



looks solid, good to have that kind of dev aboard Smiley
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May 30, 2014, 02:31:37 PM
 #259

reveal your identity developers !
transperency is sooo important

LOL... you are paranoid aren't you?  Grin Well, my name is Sony Sasankan. There is only one name like that in the entire world and a quick google search will bring my entire life history for you to vet.... including pics, address and phone numbers too I think. I'm not exactly the "dev", but I kinda run the thread with a few others that I've not bothered asking for identities. Their BTCtalk names are sumgye, fayoling and cryptocayce. I'm the noobiest of the lot... and more of less take care of all the design needs. Like the logo, ANN page, that anon diagram... that's all me (pat pat pat). I also specialize in making announcements in big bold letters  Grin Sumgye and Fayoling are the ones knee deep into softwares and sometimes speak in crypto code. Sumgye is also the honorary keeper of the pink light. Cryptocayce is our eyes and ears to the outside world who brings us gossips and tales from beyond the swamplands.

Pinkcoin Donations Address ---> PINK: PB9TmJXZTqzLroz9cLzCQe2cNWzEwJeq5g | BTC: 14Yxxxxko19qtLi3k2yvtWQ54vSQg2mLjB <---
Rent Mining rigs for cheap
fayoling
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May 30, 2014, 03:36:53 PM
 #260

reveal your identity developers !
transperency is sooo important

True. NO IPO, NO PREMINE,

There you go!

Nuff Said!

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