archived

Quote from: XXX_Coindev on July 02, 2014, 11:40:04 PM

2014.07.02 - A new project:

0 - Warning FUD:
We found out that a some guy hacked our twitter and reddit acocunt, and wasn't silverduck was who tried to spread a FUD.
Just don't believ in this, you can watch the block explorer all the time to make sure where the premine is,
our last premine transactions happend a few hour before, not a single coin had been sold, and it won't be.

1 - Payment site:
We had to make a hard decision, while we are tying to make our business, a Payment API site,
the community bring up a new idea, a webcam site where users can pay with XxX.
This idea came from mistress who will provide cam girls, gloryninja who contacted us that he is willing to do such a site, and from the whole community.

But the payment site is not just for you, not just for the community, it will be our real business, we charge merchants a fee, so they can accept all kind of altcoins, not just XxX.
So we can't decide to stop it, because the site's first intention is to make us money, not just to increase the XxX's price and thus make all the owners more profit.

The current development goes well, however we just found out a big bug while testing it, when we tried to withdraw a fractional number of coin,
the app accepted it, even if the account was zero, so we are trying to fix it.
After we found out this, our backend developer said, he can do this, but we should hire an other backend developer, who can test it in every way,
so it won't contain any kind of bugs after the release.
Because we will store real money on it, if we screw up something, that could be a terrible problem.
After we fixed all the errors and safety issues, we hope we can release an open beta by the end of the month, we trying to make it quick,
however safety in this case is more important, than time.

2 - Webcam site:

The good thing about the open source coin projects like XxX coin, that we aren't the only developers, what we have learned from the succes of Dogecoin,
that everything is about marketability, those of you who invested in our project by buying some coins, are the key of the success.
If you will just sit on the XxX coins, nothing will happen, but if you help us to maintain the whole community, promoting our new ideas, and even to help us developing stuff, than XxX can be a great coin and community.

We sent 800.000 XxX coin to our new community managers: najzenmajsen and techsolution
We will use the remained 1.000.000 XxX coin to fund our Payment API site, and get new merchants,
we gave login access to our community managers, because we don't have much time to answer the questions,
and update the thread every day, because we have a lot of work on our payment site.

This cam site, what the community bring up, just a fantastic idea, no anyother altcoin did something similar,
and we don't want to take away this idea from the community, that is why we decided to divide the premine.

While we will work on the payment site, we will post sometimes about the state of our development, but we can't do too much thing after that,
so we decided to give the other big percent of the premine to najzenmajsen and techsolution.
They will fund small projects, like games, webwallets, faucets and other small things like
a new subbreddit similar to girlsgonedogecoin, gilrsgonexxxcoin.

They will fund the webcam site too with this 800k XxX,
gloryninja offerd us he can build such a webcam site, so we want to offer our help to him too.
The community managers will fund their project, and help him by searching for other developers, and give them bounties.
We will offer a bounty to a developer, who could insert the webcam site to the QT Wallet,
if it is not possible, at least a small section, or a button which would open the cam site in the user's browser.

If they will be ready with the cam site much earlier than we with the payment site, than they will give a small bounty to a developer
to make a small payment server, this will be much easier than our, but for start its okay,
just a simple server where a xxxcoin daemon would run all the time,
when a new user wants to pay it generates a new address, and it notify the webserver when the address got funded.

3 - Premine transactions:
(Premine coins can be in small parts on different address, this is just to generate more PoS blocks and secure the network.)

We have transferred the premine to:
- 50.000 for najzenmajsen: http://xxx.blockexplorer.cc/address/XQpgqfsmRW5KXbr7XzviXTTNeomdWFv1HY
... 50.000: 4b6723e8b1a5470a89370a017d1919be472449c860d6a73a2291301c915880c5

- 750.000 for techsolution: http://xxx.blockexplorer.cc/address/XX3jXPgE99FnGs6JkpZXYS3spafuYvbvhh
... 50.000: 27d5d9ab562961128f5dec28dcec635508f46d5b5e726174aa580db67ae42221
... 700.000 340c5dd64065353e75cff4dfe148761f004f001acb16319ee7d4b4dcfce3e78e

With this 800.000 XxX coin they will fund small projects with it, and a big project the webcam site, they will store this coins in their address.

The other half of the premine to this address:
http://xxx.blockexplorer.cc/address/XD1Ht7eUUHqZ7xSXmVaaZ4sccP6a1YAmbb
... 1.000.000 0b08c18f711831dc27efc5848cc9fd13d7e3e5e20460cea049a44577b3b9840b

We will use this part to finance our Payment API site.

well done. Keep moving.