archived

[jjj0923]

Can we get a 3rd party to hold the premine? We should use multisig to commit any transactions using the premine

I don't think this is needed, the development team are reliable.
However, I have lots of machines (pc and mac) here at home and could easily install a wallet on an empty till to hold the pre-mine as escrow.
You will note that I have nothing to hide, by my signature links, and if I run away with any escrow, feel free to hunt me down (this wouldn't be difficult)

lol

at the end of the day, I will reiterate; I don't feel the dev team need a premine escrow, but if the community are happier to have one, i will offer to hold it at no cost, free of charge.

Good idea! We already thought about that, but we had a different idea, we just wanted to make some unique public address where we send the premine.
Than make a block explorer, if there wouldn't be anyone out there who would make a nice one for us than we could make a basic one with Abe.
With this everybody could follow the premine transactions, and we would make a label to each one, what was it to spend on.

But if the community would like some another option we could agree with that, maybe that would be a good option too, if we would divide the coins between 5-10 escrow, and anytime we want some fund we would write a message in this thread.

We could do this, because we use our own funds for the servers, and we develop our own apps not any 3rd party developer company

So after paying out for the initial bounties we would need some coins to change it to btc, it is only for votes on mintpal, that would be 5%-10% of the whole premine.

The other 80-90% would go towards the sites, whose want XXX as a payment option, after each order they got in a month, we increase their revenue by a given percent.

This would give sites some incentive, we hope.

Maybe we should wait till others say what is in their mind, then we could make a vote pool.

thanks - this is all reasonable and is the kind of stuff you should have put in the OP or reserved the second post.

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[sovie]

HA HA 5% PREMINE WHAT PLANET ARE YOU ON?
WHAT ARE YOU SMOKING?
Its funny at least i'll give you that 

[powersup]

fine - give us the names of the development team since you somehow 'mystically' know they're reliable.

this aint trolling, it just due diligence that's all - I only ask what I'd expect if I were in the same position.

to be capable of performing due diligence, you firstly need to have the ability to read...

And forgot it, we are mainly server side guys, our main profile is NodeJS, MongoDB and Redis.
However we can make front end designs, we are not so good with that.

So if you are a pro Frontend designer and you mastered Bootstrap, just send us a message if you want to join our team!

you are welcome.

So who are devs?

[flyingdutchmen]

too much premine will kill this coin

[atchoum6760]

Other scam lol ! 

[vanish9]

http://xxx.pool.mn/ is ready for pre-registrations!
Mining will be available when XXX coin launches!
Feel free to register and configure your miners before the coin launch

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[alexrossi]

scrypt is dead, why some scamcoins dev like the one of this coin still haven't understood it? Time to go on more exotic algos like x13 or groestl

[nilromab]

Made a translation into Russian. reward will be?

https://bitcointalk.org/index.php?topic=666403.new#new

[jjj0923]

scrypt is dead, why some scamcoins dev like the one of this coin still haven't understood it? Time to go on more exotic algos like x13 or groestl

why? gpus are old school


relics of the past

[n3rfherder]

scrypt is dead, why some scamcoins dev like the one of this coin still haven't understood it? Time to go on more exotic algos like x13 or groestl

Is that why Razor did so well and had so much mining power? 

[SMith777]

http://xxx.777pool.com/

is now open for pre-registration!



PPLNS payout system.
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Transaction fee: 0.01 XXX

[papasmurph]

hm...

[pscb]

Summer is too hot to mine scrypt btw   

Plus, why bother using such a great technological stack for infrastructure, while you're going with an outdated / weak mining algo !! 

too contradictory..

[altcoinherald]

Your coin has been added to the Altcoin launch calendar.

http://altcoinherald.com/3838

We'll keep posted for developments with your coin!

[Bfljosh]

Is this coin for gay porn? Why is it pink?

[signorama]

To many dark angles;
   - Massive premine
   - No eye-candy website - for what it's worth. Just a list of back-end applications. This is not a curriculum.
   - Algo, the defunct Scrypt. Now I scream.
   - A community chosen Escrow for heaven's sake

You know what; Garbage in, garbage out (GIGO)

[powersup]

But if you look it in the way that all the PoW blocks will be mined in the first 3 days,
than almost 5% doesn't seem so much, even we have plans what no other altcoin will do ever.

5% is still 5%, and it is enough for you to walk away with $100K + if this coin reaches a good market cap.  Its also enough to cause a crash if you do dump.

You have some nice ideas behind the coin but justifying this pre-mine is going to be your biggest challenge if you want to even just get off the launch pad.

There is a couple of coins around which have good ideas but no community support.  I asked myself why, and the common factor is large pre-mine.

If your certain you need a 5% pre-mine to reach your goals for this coin then my suggestion would be to give the community a teaser of your payment system.  Give us proof you have been working on this for some time.  Also think of a way to give better transparency.  Are you known to this community under another avatar? is there any respected community members who can vouch for you?

[platorin]

Very nice premine. Excellent method to keep people at bay.

[TR8888]

5% far too high, Half that I could just about live with.

[Flunder707]

This coin will be dead within a week.