[ANN] [KEY] KeyCoin | Fair Launch | Daily Updates | 8/9 Status Update

[Djinou94]

Dear KeyCoin Community,


I have always been a strong advocate for advancements in technology, dating back throughout my career and I support anything that can have a positive effect on the path to greater freedom and I regard crypto-currency as key part  of the solution to a decentralized and free society.  You can see my extensive list of accomplishments at http://www.linkedin.com/pub/dan-metcalf/12/1a8/b82

The KEY code:

KEY is 100% Proof-of-Stake, with checkpoints, active POS checkpointing server, and a POS Maximum Age of 120 days to prevent long term accumulation attacks. The code has been well audited by both members of the community and exchange operators.

Key’s anonymous solution is an unique hybrid which leverages on-demand encryption and clustered pools to randomize mixing.  To prevent leakage the transaction is passed through the clustered mixing pools twice, thus rendering the transaction untraceable on the blockchain and also prevents even the sender from tracing the transaction on the block chain. While the anonymous system is indeed based on XC, it is a highly modified and unique version.

The KEY team and invite for review:

At first when the KEY team reached out, my initial response was to say no due to my workload and commitment with XC, but since I am always open to new innovation, I finally decided to accept the request.  I was invited to a private channel with an extremely organized and eager development team. There are over 20 guys in here with skill sets ranging from proficiencies in various computing languages, graphic designers, web developers, 2 3D rendering studios, Linux system admins, they even have guys with 3D printers exchanging custom designs for the KEYos and merchandise.
I also noted a great deal of cross collaboration, with many prominent developers from the community contributing to the success of the coin and the quality of the code.

They have their ears open and they are open to acting on not only my suggestions, but those that emanate from the community itself. Since innovation is what drives cryptocurrency, I decided to accept the opportunity to review the code and the team.
 
Peer Review:

In reviewing the code, I did a basic review of the entire code base and a more in-depth analysis of the anonymous related portions.
The additional clustering abilities within the protocol itself provide an ideal solution in preventing block analysis, and to take it even 1 step further, the developers have implemented a ring layer on the protocol allowing the transaction to take multiple pass’s through the cluster, further anonymizing the transaction.
Since the entire protocol including the enhancements are encrypted it is impossible to gain any information by sniffing the network.
The protocol enhancements have been integrated correctly and based on my own testing perform as expected and haven’t created any security vulnerabilities.


As my time very limited, I will leave it up to the Key Dev's to handle any questions

Sincerely,

Dan Metcalf

Amazing
Thanks mr Metcalf

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[tristartek]

Please help retweet.  We can get this sucker over 100k!! 

https://twitter.com/KeyCoinTeam/status/494287156374822912

[darkproton]

What about alerting that website coindesk to the code audit?

[BlackShibe1]

What about alerting that website coindesk to the code audit?

Good idea!

[cyberhacker]

dan

[adoress]

the chart of keycoin is great

where are we going

[rigdeer]

I want a key to open the golden box.

[Megalodon]

Dan Metcalf is a stand up guy.

[MZD]

This is good news for KEY and xc.

[darkproton]

Dan Metcalf is a stand up guy.

+1000

[Abitcoinfuture]

Look at total supply, look at realistic anonymity, speculate on the functionality of KEY OS and then consider DRK, if Shitcoin DRK can see .02 this coin is golden to hit the same if not higher, this may legitimately be a really big deal, especially with a functioning "Kali Linux" style OS made by the KEY team with anonymity in mind.. incredible work, by far better than any other job done to date... even better than CLOAK which is a very bold statement, I do think that CLOAK and VOOT are the only other anon to offer a realistic solution.

[RichardT]

Look at total supply, look at realistic anonymity, speculate on the functionality of KEY OS and then consider DRK, if Shitcoin DRK can see .02 this coin is golden to hit the same if not higher, this may legitimately be a really big deal, especially with a functioning "Kali Linux" style OS made by the KEY team with anonymity in mind.. incredible work, by far better than any other job done to date... even better than CLOAK which is a very bold statement, I do think that CLOAK and VOOT are the only other anon to offer a realistic solution.

Exactly.  I'm actually pretty dumbfounded that Keycoin isn't worth more by now.  There are too many people who are simply just looking for a quick profit and turning away from this without much thought.  But I guess it's not a completely bad thing as it allows more users to enter at a cheap price.

[Cornett]

Look at total supply, look at realistic anonymity, speculate on the functionality of KEY OS and then consider DRK, if Shitcoin DRK can see .02 this coin is golden to hit the same if not higher, this may legitimately be a really big deal, especially with a functioning "Kali Linux" style OS made by the KEY team with anonymity in mind.. incredible work, by far better than any other job done to date... even better than CLOAK which is a very bold statement, I do think that CLOAK and VOOT are the only other anon to offer a realistic solution.

Exactly.  I'm actually pretty dumbfounded that Keycoin isn't worth more by now.  There are too many people who are simply just looking for a quick profit and turning away from this without much thought.  But I guess it's not a completely bad thing as it allows more users to enter at a cheap price.

Obviously KEY will repeat XC's life. Concider if the total amount 1Key = 5XC, therefore in the top of pump we'll get approximately 1 KEY = 0,025 BTC as 1XC did 0.005 BTC

[pr0m3theus2013]

Another delivered promise! We have several trading tools being integrated in to the keyOS as well. I'll give you guys a few teasers on that soon

[TheNewsHasCome]

Look at total supply, look at realistic anonymity, speculate on the functionality of KEY OS and then consider DRK, if Shitcoin DRK can see .02 this coin is golden to hit the same if not higher, this may legitimately be a really big deal, especially with a functioning "Kali Linux" style OS made by the KEY team with anonymity in mind.. incredible work, by far better than any other job done to date... even better than CLOAK which is a very bold statement, I do think that CLOAK and VOOT are the only other anon to offer a realistic solution.

Agreed. Everyone getting in Key now, and holding are smart folks. It was posted on /r/Bitcoin that everyone buying Bitcoin now are still considered early adopters. I think this is even more so with Key. People getting in this cheap are early adopters and will be very happy in the not-to-distant future.

Market cap/price potential for Key is incredible IMO.

[realestmofo]

KEY for everyone who sold early on CLOAK and DARK and XC.

With such little amount of coins the buy walls could eat up 10% of the total supply right now. Let me into KEY. Sell me some!!

[TheNewsHasCome]

Look at total supply, look at realistic anonymity, speculate on the functionality of KEY OS and then consider DRK, if Shitcoin DRK can see .02 this coin is golden to hit the same if not higher, this may legitimately be a really big deal, especially with a functioning "Kali Linux" style OS made by the KEY team with anonymity in mind.. incredible work, by far better than any other job done to date... even better than CLOAK which is a very bold statement, I do think that CLOAK and VOOT are the only other anon to offer a realistic solution.

Agreed. Everyone getting in Key now, and holding are smart folks. It was posted on /r/Bitcoin that everyone buying Bitcoin now are still considered early adopters. I think this is even more so with Key. People getting in this cheap are early adopters and will be very happy in the not-to-distant future.

Market cap/price potential for Key is incredible IMO.

And just like that we are going into space.

120k bound in no time.. new floor tonight.

[adhitthana]

Total coins?

[blackbird307]

Bitcoin will crash in value the next 24 hours, while keycoin is going to surge, it should be clear what to do

[keycoin]

Total coins?

Approx 913,000 now, with a small increase each year at the current POS rate.

At the current rate we should still be lower than 1 million by 2015.

http://chainz.cryptoid.info/key/