AxioDevs (OP)
Newbie
 Offline
Activity: 14
Merit: 0
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July 02, 2014, 05:50:28 PM |
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10% for Furthering the coin 40% for Donations should go into a publicly tracked escrow account not a coin address people can see activity on but doesn't stop you from clearing it out at any moment. That would make people feel a lot better. Right now it is a bunch of "Trust me, We will do right with this shit ton of BTC we will earn in just a few weeks. Promise it will go to charity! Wink!! Wink!!"
Not calling you a scammer, I just saying when this many people are questioning your motives, current structure and distribution of earned coins, then you should offer something more solid then "trust me, Im the good guy."
Good luck to all. There is no Theoretical Mining. This is real mining, going to real BTC that makes somebody real money.
I don't think you understand the mining concept, if you like I can explain it. Also, how much BTC do you expect us to be making? It's not that much and it gets cleared on a weekly basis with the whole weekly charity donations. Gonna quickly mention again it's 50% to charity and 50% to further the coin. I dont need you to explain it. I screwed up on the way I listed the numbers. My fault, I could try to explain what I meant to put down but It isnt important. But the point of it remains the same. A lot of people have concerns about how things are structured and distributed. I have been reading this thread for the last few days and it comes down to "trust me". Why not have the "Dontation" portion Put into an escrow or something OUTSIDE of your direct control. Bring in the charities and they set up an escrow. Have the funds raised alternate automatically. Week1 this group, week 2 this group ect ect with the escrow paying out directly to the group. Or it splits among them equally every month. Anything to where it is not under your direct and only control. That's a fine idea. Would you be comfortable with the fact that I would still be in control of sending money to the escrow + the fees incurred by having an escrow? If so, please link me to a escrow, I'll be contacting them immediately. Sorry bro but not my job to do all that. Just giving you some ideas to establish some faith into your coin. That there is some kind of barrier people can see that shows you are not ripping them off. Good luck. If I don't donate the 0.5-1 BTC I make the first week then this coin is a scam, simple as that. |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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Cyberburnout
Newbie
Offline
Activity: 27
Merit: 0
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July 02, 2014, 06:05:25 PM |
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10% for Furthering the coin 40% for Donations should go into a publicly tracked escrow account not a coin address people can see activity on but doesn't stop you from clearing it out at any moment. That would make people feel a lot better. Right now it is a bunch of "Trust me, We will do right with this shit ton of BTC we will earn in just a few weeks. Promise it will go to charity! Wink!! Wink!!"
Not calling you a scammer, I just saying when this many people are questioning your motives, current structure and distribution of earned coins, then you should offer something more solid then "trust me, Im the good guy."
Good luck to all. There is no Theoretical Mining. This is real mining, going to real BTC that makes somebody real money.
I don't think you understand the mining concept, if you like I can explain it. Also, how much BTC do you expect us to be making? It's not that much and it gets cleared on a weekly basis with the whole weekly charity donations. Gonna quickly mention again it's 50% to charity and 50% to further the coin. I dont need you to explain it. I screwed up on the way I listed the numbers. My fault, I could try to explain what I meant to put down but It isnt important. But the point of it remains the same. A lot of people have concerns about how things are structured and distributed. I have been reading this thread for the last few days and it comes down to "trust me". Why not have the "Dontation" portion Put into an escrow or something OUTSIDE of your direct control. Bring in the charities and they set up an escrow. Have the funds raised alternate automatically. Week1 this group, week 2 this group ect ect with the escrow paying out directly to the group. Or it splits among them equally every month. Anything to where it is not under your direct and only control. That's a fine idea. Would you be comfortable with the fact that I would still be in control of sending money to the escrow + the fees incurred by having an escrow? If so, please link me to a escrow, I'll be contacting them immediately. Sorry bro but not my job to do all that. Just giving you some ideas to establish some faith into your coin. That there is some kind of barrier people can see that shows you are not ripping them off. Good luck. If I don't donate the 0.5-1 BTC I make the first week then this coin is a scam, simple as that. Very true. I may have missed it earlier in the thread but how were you showing proof of donation? |
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AxioDevs (OP)
Newbie
Offline
Activity: 14
Merit: 0
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July 02, 2014, 06:11:40 PM |
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10% for Furthering the coin 40% for Donations should go into a publicly tracked escrow account not a coin address people can see activity on but doesn't stop you from clearing it out at any moment. That would make people feel a lot better. Right now it is a bunch of "Trust me, We will do right with this shit ton of BTC we will earn in just a few weeks. Promise it will go to charity! Wink!! Wink!!"
Not calling you a scammer, I just saying when this many people are questioning your motives, current structure and distribution of earned coins, then you should offer something more solid then "trust me, Im the good guy."
Good luck to all. There is no Theoretical Mining. This is real mining, going to real BTC that makes somebody real money.
I don't think you understand the mining concept, if you like I can explain it. Also, how much BTC do you expect us to be making? It's not that much and it gets cleared on a weekly basis with the whole weekly charity donations. Gonna quickly mention again it's 50% to charity and 50% to further the coin. I dont need you to explain it. I screwed up on the way I listed the numbers. My fault, I could try to explain what I meant to put down but It isnt important. But the point of it remains the same. A lot of people have concerns about how things are structured and distributed. I have been reading this thread for the last few days and it comes down to "trust me". Why not have the "Dontation" portion Put into an escrow or something OUTSIDE of your direct control. Bring in the charities and they set up an escrow. Have the funds raised alternate automatically. Week1 this group, week 2 this group ect ect with the escrow paying out directly to the group. Or it splits among them equally every month. Anything to where it is not under your direct and only control. That's a fine idea. Would you be comfortable with the fact that I would still be in control of sending money to the escrow + the fees incurred by having an escrow? If so, please link me to a escrow, I'll be contacting them immediately. Sorry bro but not my job to do all that. Just giving you some ideas to establish some faith into your coin. That there is some kind of barrier people can see that shows you are not ripping them off. Good luck. If I don't donate the 0.5-1 BTC I make the first week then this coin is a scam, simple as that. Very true. I may have missed it earlier in the thread but how were you showing proof of donation? I can for example set up a fundraising page on The Water Project to show proof through their website. |
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Cyberburnout
Newbie
Offline
Activity: 27
Merit: 0
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July 02, 2014, 07:24:15 PM |
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10% for Furthering the coin 40% for Donations should go into a publicly tracked escrow account not a coin address people can see activity on but doesn't stop you from clearing it out at any moment. That would make people feel a lot better. Right now it is a bunch of "Trust me, We will do right with this shit ton of BTC we will earn in just a few weeks. Promise it will go to charity! Wink!! Wink!!"
Not calling you a scammer, I just saying when this many people are questioning your motives, current structure and distribution of earned coins, then you should offer something more solid then "trust me, Im the good guy."
Good luck to all. There is no Theoretical Mining. This is real mining, going to real BTC that makes somebody real money.
I don't think you understand the mining concept, if you like I can explain it. Also, how much BTC do you expect us to be making? It's not that much and it gets cleared on a weekly basis with the whole weekly charity donations. Gonna quickly mention again it's 50% to charity and 50% to further the coin. I dont need you to explain it. I screwed up on the way I listed the numbers. My fault, I could try to explain what I meant to put down but It isnt important. But the point of it remains the same. A lot of people have concerns about how things are structured and distributed. I have been reading this thread for the last few days and it comes down to "trust me". Why not have the "Dontation" portion Put into an escrow or something OUTSIDE of your direct control. Bring in the charities and they set up an escrow. Have the funds raised alternate automatically. Week1 this group, week 2 this group ect ect with the escrow paying out directly to the group. Or it splits among them equally every month. Anything to where it is not under your direct and only control. That's a fine idea. Would you be comfortable with the fact that I would still be in control of sending money to the escrow + the fees incurred by having an escrow? If so, please link me to a escrow, I'll be contacting them immediately. Sorry bro but not my job to do all that. Just giving you some ideas to establish some faith into your coin. That there is some kind of barrier people can see that shows you are not ripping them off. Good luck. If I don't donate the 0.5-1 BTC I make the first week then this coin is a scam, simple as that. Very true. I may have missed it earlier in the thread but how were you showing proof of donation? I can for example set up a fundraising page on The Water Project to show proof through their website. Good idea. |
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AxioDevs (OP)
Newbie
Offline
Activity: 14
Merit: 0
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July 02, 2014, 07:33:12 PM
Last edit: July 03, 2014, 01:34:55 AM by AxioDevs |
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http://puu.sh/9TZ43/78cc61e9eb.webmUploaded a video demonstrating mining and requesting payouts in the beta Axio miner.
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K3RR
Newbie
Offline
Activity: 41
Merit: 0
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July 02, 2014, 07:53:31 PM |
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Really cool! I like the intensity slider.  |
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falconton
Newbie
Offline
Activity: 4
Merit: 0
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July 02, 2014, 08:07:24 PM |
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Wow that looks great! Thanks for giving us a sneak peak |
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ZyTReX
Legendary
Offline
Activity: 881
Merit: 1006
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July 02, 2014, 08:16:23 PM |
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Thank you  |
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AxioDevs (OP)
Newbie
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Activity: 14
Merit: 0
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July 02, 2014, 08:23:28 PM |
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Really cool! I like the intensity slider. Thanks, glad you liked the feature. |
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timertrainer
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July 02, 2014, 08:31:26 PM |
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Very nicely done, the wallet is visually impressive imo. |
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AxioDevs (OP)
Newbie
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Activity: 14
Merit: 0
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July 02, 2014, 08:49:54 PM |
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Very nicely done, the wallet is visually impressive imo. It's just the miner. The wallet is a standard QT. |
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AxioDevs (OP)
Newbie
Offline
Activity: 14
Merit: 0
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July 02, 2014, 09:07:39 PM |
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Thank you No, thank you for watching. |
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AxioDevs (OP)
Newbie
Offline
Activity: 14
Merit: 0
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July 02, 2014, 09:45:45 PM |
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Wow that looks great! Thanks for giving us a sneak peak No problem |
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miffman
Legendary
Offline
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
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July 02, 2014, 09:54:22 PM |
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So it's bitcoin mining, and using it's outputs to 'theoretically' mine your coin?
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AxioDevs (OP)
Newbie
Offline
Activity: 14
Merit: 0
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July 02, 2014, 10:01:13 PM |
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So it's bitcoin mining, and using it's outputs to 'theoretically' mine your coin?
Exactly. You acquire Axiocoin while mining BTC that is used for charitable efforts and coin progression. |
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Gingermod
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July 02, 2014, 10:19:38 PM |
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So it's bitcoin mining, and using it's outputs to 'theoretically' mine your coin?
Haha this guy gets it! |
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AxioDevs (OP)
Newbie
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Activity: 14
Merit: 0
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July 03, 2014, 12:48:02 AM |
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So it's bitcoin mining, and using it's outputs to 'theoretically' mine your coin?
Haha this guy gets it! Yes that is the entire concept in a single sentence |
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AxioDevs (OP)
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Activity: 14
Merit: 0
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July 03, 2014, 01:34:40 AM |
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Good progress today guys. In case you missed the video: |
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AxioDevs (OP)
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Activity: 14
Merit: 0
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July 03, 2014, 04:35:36 AM |
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Launch is almost here, night guys.
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Hesiod
Newbie
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Activity: 23
Merit: 0
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July 03, 2014, 02:10:49 PM |
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Hey,
Would you implement something similar to what the Minerals coin did to avoid big farms reaping all your coins from the start just to dump all of them the next day? What they did is limit the hashrate per user, and their coin could only be mined on their pool during the PoW stage. They didn't release the wallet until PoS stage to avoid solo mining.
It resulted in Minerals having 25 GHs at the start compared to 100 GHs for other recent coins, even really shitty ones such as Hodorcoin, which proves that 75% of the miners are professional dumpers, big farms or multipools targeting new coins for a quick buck and not caring at all about the project.
It also resulted in Minerals being well spread, with a high price and large volumes on exchanges (100 btc+ in a few days).
Cheers
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