Notice:: PROJECT X, Come Join the Movement

[tvbstar]

actually, I am confused how it work exactly. How? In short word.

[Majormax]

BARWIZI IS A SCAMMER!  BEWARE!!

https://bitcointalk.org/index.php?topic=789290.0

You shouldn't say this stuff in this thread.

It is for everyone to make their own judgement.

[Majormax]

actually, I am confused how it work exactly. How? In short word.

S C A M

Not necessarily..

Similar to Lottoshares : coins are allocated to addresses copied from the other blockchains...private keys can sign and unlock the coins without being compromised.

The software is open source.

[lajz99]

BARWIZI IS A SCAMMER!  BEWARE!!

https://bitcointalk.org/index.php?topic=789290.0

[MOD NOTE: Edited text size and removed off-topic image]

[wain-m]

Tentative Expected Launch date is 15/10/14 ! 

[RedZeppelin]

Barwizis own little "scamNET"..

[RedZeppelin]

BARWIZI IS A SCAMMER!  BEWARE!!

https://bitcointalk.org/index.php?topic=789290.0

You shouldn't say this stuff in this thread.

It is for everyone to make their own judgement.

Read the facts provided by his most recent COO.

Lol love these fine titles Barwizi throws on his little peons.

[Magic8Ball]

This is actually just a new coin with 1% premine which airdrops on some of the existing coins in various ratios. Unless the scheme is such that the original coins have to be burned to get the new ones I do not see much future. All the successful chains will just continue running as usual and they will see as some free coins to sell.

[RedZeppelin]

This is actually just a new coin with 1% premine which airdrops on some of the existing coins in various ratios. Unless the scheme is such that the original coins have to be burned to get the new ones I do not see much future. All the successful chains will just continue running as usual and they will see as some free coins to sell.

1% Barwizi premine that in reality equals alot more, how many that hold Litecoin will claim do you think?

[barwizi]

This is actually just a new coin with 1% premine which airdrops on some of the existing coins in various ratios. Unless the scheme is such that the original coins have to be burned to get the new ones I do not see much future. All the successful chains will just continue running as usual and they will see as some free coins to sell.

Quite true. I have been thinking of ways to make it interesting and so far i am considering

1) Limited redeem time
2) anti- PoS , ie when coins reach "stake age" they actually reduce instead of increasing
3) Live reactive minting, is instead of a set PoW reward, it actually fluctuates based on multiple variables such as as
  i) Tx volume
 ii) Mint volume
 iii) (maybe a external feed) either real world indices or from exchanges, likely the first as they are less likely to be manipulated.

 

[BarTeam]

...
2) anti- PoS , ie when coins reach "stake age" they actually reduce instead of increasing
...

Or simply they flow back to network instead of being burned. This will ensure both interest rate and unused accounts get "clean" from blockchain.

[BarTeam]

I like this one:

3) Live reactive minting, is instead of a set PoW reward, it actually fluctuates based on multiple variables such as as
  i) Tx volume
 ii) Mint volume
 iii) (maybe a external feed) either real world indices or from exchanges, likely the first as they are less likely to be manipulated.

I would complete: add "tx Volume"/"tx's"  per block. This way the network will be more secure against overflow of small transactions and will protect the minting against monopolizing techniques.

[omgnaro]

Hey please add reddcoin!

[barwizi]

...
2) anti- PoS , ie when coins reach "stake age" they actually reduce instead of increasing
...

Or simply they flow back to network instead of being burned. This will ensure both interest rate and unused accounts get "clean" from blockchain.

I like this one:

3) Live reactive minting, is instead of a set PoW reward, it actually fluctuates based on multiple variables such as as
  i) Tx volume
 ii) Mint volume
 iii) (maybe a external feed) either real world indices or from exchanges, likely the first as they are less likely to be manipulated.

I would complete: add "tx Volume"/"tx's"  per block. This way the network will be more secure against overflow of small transactions and will protect the minting against monopolizing techniques.

Thanks, i'll definitely look into this

[RedZeppelin]

1) Limited redeem time

I like this idea cause it give everyone else less possibility to claim and it increases your total % in reality while keeping it low on paper!

[Hueristic]

1) Limited redeem time

I like this idea cause it give everyone else less possibility to claim and it increases your total % in reality while keeping it low on paper!

LOL, yup gives the scammer more coins while having the appearance of legitimacy.

[albert73]

I now have daily snapshots of 78 coins

 

Is there a list of which coins you have snapshots of and the dates you took them of?

[Majormax]

1) Limited redeem time

I like this idea cause it give everyone else less possibility to claim and it increases your total % in reality while keeping it low on paper!

LOL, yup gives the scammer more coins while having the appearance of legitimacy.

Have you checked the code on this project ?

[Majormax]

I now have daily snapshots of 78 coins

 

Is there a list of which coins you have snapshots of and the dates you took them of?

Yes :  A regular update post with the full list of coins would help you to generate interest in this thread. List the coins with their abbreviations (tickers) as well as full names.  Snapshot dates for each blockchain , and extra detail can be added later.

[Hueristic]

1) Limited redeem time

I like this idea cause it give everyone else less possibility to claim and it increases your total % in reality while keeping it low on paper!

LOL, yup gives the scammer more coins while having the appearance of legitimacy.

Have you checked the code on this project ?

Sorry I wouldn't invest with madoff no matter how great the perspective! My time is worth just enough I will post in here to warn people.