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Author Topic: [SDC] ShadowCash | Welcome to the UMBRA  (Read 1289614 times)
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vince232
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March 26, 2015, 11:15:49 AM
 #5601

anyone having withdrawal problems with Bittrex? Trying to pull off 10k SDC to stake but it stays pending in the withdrawal column
You need to approve the withdraw in your email.

never needed to do that before...Only had to enter my address, amount, and 2fa

Wth?  I always confirmed via email.  Never thought you can withraw without that hassle step
erok
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March 26, 2015, 11:16:28 AM
 #5602

anyone having withdrawal problems with Bittrex? Trying to pull off 10k SDC to stake but it stays pending in the withdrawal column
You need to approve the withdraw in your email.

never needed to do that before...Only had to enter my address, amount, and 2fa

i j/k

"the destruction of privacy widens the existing power imbalance between the ruling factions and everyone else" -- Julian Assange
lawgicc
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March 26, 2015, 11:26:00 AM
 #5603

anyone having withdrawal problems with Bittrex? Trying to pull off 10k SDC to stake but it stays pending in the withdrawal column
You need to approve the withdraw in your email.

never needed to do that before...Only had to enter my address, amount, and 2fa

i j/k

lol just confused. never needed my email verification before

mrBitcoinZ.com
@mrB1tc01n
P3RS3US
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March 26, 2015, 11:28:10 AM
 #5604

Just playing around but, Damn @crz
Your graphics look good everywhere!






vroom vroom
vaclarsush
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March 26, 2015, 11:41:29 AM
 #5605

Hey Guys,

I'm a huge supporter of Shadowcash and I'd like to thank the development team for being so competent. Just a couple questions to the group, what is the most recent estimate for the completion of the market? Also, does anyone know why the price of SDC is so much higher on Cryptsy than say Bittrex or Poloniex? I think it's great that it is going for so much at Cryptsy but I'm puzzled as to why the prices at the other exchanges haven't caught up. Thanks again.
P3RS3US
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March 26, 2015, 11:55:26 AM
 #5606

Hey Guys,

I'm a huge supporter of Shadowcash and I'd like to thank the development team for being so competent. Just a couple questions to the group, what is the most recent estimate for the completion of the market? Also, does anyone know why the price of SDC is so much higher on Cryptsy than say Bittrex or Poloniex? I think it's great that it is going for so much at Cryptsy but I'm puzzled as to why the prices at the other exchanges haven't caught up. Thanks again.

re Market: (ffmad on Dev Team)
Does the market have a release date yet?

Nope. I think we will have a better idea of the timeline for the first version in early April

re Cryptsy: No idea. Low SDC volume there. All the other numbers good tho. hehe. wow.
erok
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March 26, 2015, 12:32:05 PM
 #5607

Hey Guys,

I'm a huge supporter of Shadowcash and I'd like to thank the development team for being so competent. Just a couple questions to the group, what is the most recent estimate for the completion of the market? Also, does anyone know why the price of SDC is so much higher on Cryptsy than say Bittrex or Poloniex? I think it's great that it is going for so much at Cryptsy but I'm puzzled as to why the prices at the other exchanges haven't caught up. Thanks again.

re Market: (ffmad on Dev Team)
Does the market have a release date yet?

Nope. I think we will have a better idea of the timeline for the first version in early April

re Cryptsy: No idea. Low SDC volume there. All the other numbers good tho. hehe. wow.
I stated this earlier. Arbitrage is possible but it is too low of a volume for me to give a fuck. Just checked... annnd their wallet is in maintenance mode.

"the destruction of privacy widens the existing power imbalance between the ruling factions and everyone else" -- Julian Assange
Schild_
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March 26, 2015, 01:29:20 PM
 #5608

Hey Guys,

I'm a huge supporter of Shadowcash and I'd like to thank the development team for being so competent. Just a couple questions to the group, what is the most recent estimate for the completion of the market? Also, does anyone know why the price of SDC is so much higher on Cryptsy than say Bittrex or Poloniex? I think it's great that it is going for so much at Cryptsy but I'm puzzled as to why the prices at the other exchanges haven't caught up. Thanks again.

I sold the few coins i had on cryptsy. Their wallet is blocked, so you can only do it IF you had coins there before they blocked it I think.

If you wanna enter the market, I suggest you to pay attention to the price on bittrex. If I was you, I'd wait to see if its evoloving upwards or downwards and judge the appropriate time to enter the market.
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March 26, 2015, 02:25:59 PM
 #5609

Good morning Smiley

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
insom
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March 26, 2015, 02:28:07 PM
 #5610

hey guys,
i just read the Motherboard Article on Shadow(cash)

decentralised everything?  Shocked

why is this tech only at 500k market cap
drAGon925
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March 26, 2015, 02:39:09 PM
 #5611

hey guys,
i just read the Motherboard Article on Shadow(cash)

decentralised everything?  Shocked

why is this tech only at 500k market cap

Tell me about it  Grin

great that you come in right time,   things just start to be hot!

Welcome!
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March 26, 2015, 02:40:03 PM
 #5612

hey guys,
i just read the Motherboard Article on Shadow(cash)

decentralised everything?  Shocked

why is this tech only at 500k market cap

Tell me about it  Grin

great that you come in right time,   things just start to be hot!

Welcome!


Yes indeed welcome!

We are WAYYYY undervalued. Now is your chance to get some really cheap SDC's Smiley

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
drAGon925
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March 26, 2015, 02:55:21 PM
 #5613

Full set of ShadowMarket designs 
 
Click the pic below to go to the ShadowTalk post (and let us know what you think  Smiley).





Beautiful

This must be bumped on every page   Wink

Enjoy and donate to our brother crz , his work is beautiful,
to mention one more time,  his weakness is perfectionism

 Grin

How you doin  Wink
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March 26, 2015, 03:09:55 PM
 #5614

SDC is on Shapeshift aswell
these guys know whats good  Grin
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March 26, 2015, 04:01:55 PM
 #5615

entered this coin with a substantial buy in, thanks for the opportunity

this looks fantastic:

https://ip.bitcointalk.org/?u=https%3A%2F%2Fcryptonote.org%2Fimg%2Fcryptonote_transaction.png&t=550&c=HW8NhELiDhfzQw

also liked refusal of merger with dark (at least for now)

beating myself I did not have enough drive to enter in January.. but that's ok

have a separate question, as I assemble all my wallets from git master (when I can)  on Mac I found QT 4 is not sufficient and QT 5.4 has some compatibility problem and throws errors

what QT exact version should be used ? thanks much !

 Cool
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March 26, 2015, 04:29:00 PM
 #5616

entered this coin with a substantial buy in, thanks for the opportunity

this looks fantastic:

https://ip.bitcointalk.org/?u=https%3A%2F%2Fcryptonote.org%2Fimg%2Fcryptonote_transaction.png&t=550&c=HW8NhELiDhfzQw

also liked refusal of merger with dark (at least for now)

beating myself I did not have enough drive to enter in January.. but that's ok

have a separate question, as I assemble all my wallets from git master (when I can)  on Mac I found QT 4 is not sufficient and QT 5.4 has some compatibility problem and throws errors

what QT exact version should be used ? thanks much !

 Cool

Hi !

What errors do you have ?

Don't hesitate to ask your questions on ShadowTalk

▄▄████████████████████▄▄
██████▀▀▀▀▀▀▀▀▀▀▀▀▀▀██████
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███    ██████████████    ███
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███    ████      ████    ███
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██    ████▄▄▄▄▄▄▄▄▄▄██████
▀█▄  ▀████████████████▀▀
fparticlf█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█ ▀ ▀ ▀                    █
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█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█
.Infinite .
.Markets.
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
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.Public or..
.Private  ...
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█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█
.RingCT........
.Anonymity .
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ffmad
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March 26, 2015, 05:11:44 PM
 #5617

But really im mostly here because im a huge fan of proof of stake and a huge fan of cryptonote and a huge fan of the idea of using POW to distribute stake. So this coin has everything i would ever ever want.

^Love it!

Quote
It should clearly be at least a year long process, probably more. If fairness and decentralized distribution is the goal.

Why a year? Seems arbitrary. Anyway with mining farms/bots etc I personally don't see a prolonged PoW phase doing much for distribution. Why not just get to the good stuff (PoS) sooner rather than later?
btw i entered in December so missed the mining phase by a lot. Wouldn't have made much difference to me anyway - I find GPU mining stressful.



Sure. So let me say first, it is kinda arbitrary, that's a legitimate criticism of my argument.

So its all about that trade off. The more the stake is distributed the more secure the platform. But proof of stake is infact better than poof of work. Thats the reason for switching to it. So if you are running proof of stake too long than you are going too long without switching to the system thats better, the opportunity cost associated with not switching to POW begins to outweigh the benefits of fairer distribution. It would make something of a u shaped curve, the first day is the most benefitical, than the second one is less benefitial but still benefitial, until the day comes when the costs begin to outweigh the benefits and the curve benins to slope back up. The point where that curve is perfectly flat is the perfect point to switch.  It would be difficult to determine where this but you could create a model of sorts that would go some way towards giving an idea of the best trade off.

I cant really say what the best trade off would be, but i am pretty confident that it wouldn't be on either of the extreme ends, it wouldn't be 2 weeks and it wouldn't be 100 years.

Sort of the whole point is that POW proves that the devs arnt controlling some ridiculous percentage of the currency supply. Alteast its some reasonable evidence towards that fact. They cant just issue a bunch of currency and then "prove" that they sold it on the market because who knows who is on the other side of the trade. And something like what nxt did, who knows how many of those initial donations were made by the same entity. Who knows how many of them were made by someone sending bitcoin back to himeself. The pow is a solution to this problem, but the extent to which it is a solution is dependent upon there being opportunity for lots of other people besides the devs to get involved.

Really i dont mind a modest premine. I think it gives good incentives. If the devs are holding 5% of the currency supply than i see this as fair and good for the project since they have incentives to make their stake more valuable. But im forced to wonder if, as a result of such a short mining period, if the devs are holding much more than 5%. It worries me, and i think a lot of other people as well.

The POW time isn't a problem, POW distribution is the problem
Either it's 2 weeks or 1 year, the guys with the biggest hashrate will have the more coins. POW distribution can't be good, in any way.

People are always saying IPO are the "evil", but in fact it may be the best way to distribute a coin, it's fair and you can control it more than the other kind of distribution system.
It gives some funds to the devs and distribute the coin equally at the same time.

▄▄████████████████████▄▄
██████▀▀▀▀▀▀▀▀▀▀▀▀▀▀██████
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███    ██████████████    ███
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▀█▄  ▀████████████████▀▀
fparticlf█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█ ▀ ▀ ▀                    █
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█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█
.Infinite .
.Markets.
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█  ████  ████  ████  ████  █
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█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█
.Public or..
.Private  ...
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█ ▀▀▀▀         ▀▀▀ ▀▀▀ ▀▀▀ █
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█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█
.RingCT........
.Anonymity .
██████
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erok
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March 26, 2015, 05:22:39 PM
 #5618

But really im mostly here because im a huge fan of proof of stake and a huge fan of cryptonote and a huge fan of the idea of using POW to distribute stake. So this coin has everything i would ever ever want.

^Love it!

Quote
It should clearly be at least a year long process, probably more. If fairness and decentralized distribution is the goal.

Why a year? Seems arbitrary. Anyway with mining farms/bots etc I personally don't see a prolonged PoW phase doing much for distribution. Why not just get to the good stuff (PoS) sooner rather than later?
btw i entered in December so missed the mining phase by a lot. Wouldn't have made much difference to me anyway - I find GPU mining stressful.



Sure. So let me say first, it is kinda arbitrary, that's a legitimate criticism of my argument.

So its all about that trade off. The more the stake is distributed the more secure the platform. But proof of stake is infact better than poof of work. Thats the reason for switching to it. So if you are running proof of stake too long than you are going too long without switching to the system thats better, the opportunity cost associated with not switching to POW begins to outweigh the benefits of fairer distribution. It would make something of a u shaped curve, the first day is the most benefitical, than the second one is less benefitial but still benefitial, until the day comes when the costs begin to outweigh the benefits and the curve benins to slope back up. The point where that curve is perfectly flat is the perfect point to switch.  It would be difficult to determine where this but you could create a model of sorts that would go some way towards giving an idea of the best trade off.

I cant really say what the best trade off would be, but i am pretty confident that it wouldn't be on either of the extreme ends, it wouldn't be 2 weeks and it wouldn't be 100 years.

Sort of the whole point is that POW proves that the devs arnt controlling some ridiculous percentage of the currency supply. Alteast its some reasonable evidence towards that fact. They cant just issue a bunch of currency and then "prove" that they sold it on the market because who knows who is on the other side of the trade. And something like what nxt did, who knows how many of those initial donations were made by the same entity. Who knows how many of them were made by someone sending bitcoin back to himeself. The pow is a solution to this problem, but the extent to which it is a solution is dependent upon there being opportunity for lots of other people besides the devs to get involved.

Really i dont mind a modest premine. I think it gives good incentives. If the devs are holding 5% of the currency supply than i see this as fair and good for the project since they have incentives to make their stake more valuable. But im forced to wonder if, as a result of such a short mining period, if the devs are holding much more than 5%. It worries me, and i think a lot of other people as well.

The POW time isn't a problem, POW distribution is the problem
Either it's 2 weeks or 1 year, the guys with the biggest hashrate will have the more coins. POW distribution can't be good, in any way.

People are always saying IPO are the "evil", but in fact it may be the best way to distribute a coin, it's fair and you can control it more than the other kind of distribution system.
It gives some funds to the devs and distribute the coin equally at the same time.
No way. We are panning for fuckin gold here brother! First come first serve. It was fair launched TWICE. QQ

"the destruction of privacy widens the existing power imbalance between the ruling factions and everyone else" -- Julian Assange
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March 26, 2015, 05:40:29 PM
Last edit: March 26, 2015, 06:10:36 PM by P3RS3US
 #5619


 I've said all along I'd value the Shadow project at $1 ($6.5M marketcap) as a baseline even in it's current state.


+1 yeah right

StealthSend v2 ON IT'S OWN FFS.
I put it to anybody reading that Shadow is the best Anon Crypto today.


I put it to anybody reading that Shadow is the best Anon Crypto today.
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March 26, 2015, 05:48:00 PM
 #5620



The POW time isn't a problem, POW distribution is the problem
Either it's 2 weeks or 1 year, the guys with the biggest hashrate will have the more coins. POW distribution can't be good, in any way.

People are always saying IPO are the "evil", but in fact it may be the best way to distribute a coin, it's fair and you can control it more than the other kind of distribution system.
It gives some funds to the devs and distribute the coin equally at the same time.

But the guys with all the hash also have big bills to pay, and they dump the coins to everyone. So it works out the same way, the only difference is with PoW the people who sell the coins aren't the devs.

What I don't get is people screaming about a 2% premine. Big deal. We pay that to a mining pool, no difference.

Try ShadowCash, the first coin with instant and decentralized private transactions!
SDC address: SUPERMAN8eDvcPL6RWYMVwtPzUtqWi2zCr
Wallet Private Key: 7S6fJBEzXqJuuGCvEPcgBSbd5wmjVTvDj7591gNKcTmS7X47e98
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