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Author Topic: [ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts  (Read 232995 times)
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brother3
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October 18, 2014, 03:52:30 PM
 #501

PSA

Check out Circle.com when you have a chance.  I have not been using Coinbase ever since I found out about Circle...

█    █     ██    ███     ███    ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████     ███     ███    ██     █    █
..BREAKOUT STAKE ..
  M U L T I C U R R E N C Y   S M A R T   C O N T R A C T S   +   S I D E C H A I N S
  A N N     |     W E B S I T E     |     T W I T T E R     |     G I T H U B    ★  C O I N S A L E   J U L Y  10  –  J U L Y  24  ★ 
.
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October 18, 2014, 06:43:42 PM
 #502

Think of it like a funding round.  The breakout coin originators are like the series A round of funding and the ICO for those that read this thread should be the B round of funding.

But you guys are just skipping the B, C,  and IPO rounds and going straight to the post IPO round all without giving investors a chance to even see what the price stabilizes at so investors are going in completely blind.  How much actual money has been spent to date on launching Breakout Gaming?  What is the current company valuation?  We need to know these things.


these coin crowd-sales are a new paradigm. im sure money was spent on launching breakout gaming, and are now selling a genesis coin product. If you  still want to compare, the ico is more like the ipo stage.. I dont know how you can compare it to post ipo?

Quote
You need to leave room for this round of investors to profit just like yourselves.  You need to set the price and set it low (cap the ICO or double the coins we get by eliminating the 7 million in BRO giveaways) where you're pretty positive it will grow with the games up and running.  This should be the B round, not the post IPO round.  
how would doubling the coins for the ico make any difference to your logic? eliminating the giveaways, is a very bad idea for the long term prospects of breakout coin. coins are successful with wider distributions. if you think widely distributing free coins are a negative for a coins survival, you have not been paying attention.

Quote
As it currently stands, you are asking for people to blindly send money without knowing whether they paid 100 SATS per BRO or 1,000,000 SATS per BRO.  And that's just kinda wrong......and greedy too.
but your ok with it, if we double the number of ico coins? even without knowing the price?

I think once we all know how many BTCs OP is hoping to raise, we can all get some insight into price and market-cap.  

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October 18, 2014, 09:47:17 PM
 #503

Food for thought

http://www.coindesk.com/marc-andreessen-long-bitcoin-short-apple-pay/

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..BREAKOUT STAKE ..
  M U L T I C U R R E N C Y   S M A R T   C O N T R A C T S   +   S I D E C H A I N S
  A N N     |     W E B S I T E     |     T W I T T E R     |     G I T H U B    ★  C O I N S A L E   J U L Y  10  –  J U L Y  24  ★ 
.
█    █     ██    ███     ███    ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
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October 18, 2014, 10:40:54 PM
 #504

PSA

Check out Circle.com when you have a chance.  I have not been using Coinbase ever since I found out about Circle...

Same here Circle is great, in my opinion the best way to buy BTC.
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October 18, 2014, 10:45:50 PM
 #505

I'm curious to know if Blockchain bloat is going to be an issue with this coin. I've played around with several CryptoNote coins of, and they can be take up a lot more space than other coins.
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October 18, 2014, 11:18:01 PM
 #506

Couple questions.  May have been asked but I hadn't seen them.  Sorry if they are repeats.

Who is handling the ICO?  Is it internal or an exchange?

When will the actual coin, wallet, and gaming platform be ready?

Which cryptonote coin did you clone?  Are you familiar with some of the difference between coins like BBR and XMR?  Will code be opensource?  

--- Edit ---

Just seen this posted above.  It answers one of the questions.

"When launched, players will have access to the exchange, Poker, Fantasy Sports, Crypto Fantasy etc.. with one universal ID."
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October 18, 2014, 11:20:33 PM
 #507

I'm curious to know if Blockchain bloat is going to be an issue with this coin. I've played around with several CryptoNote coins of, and they can be take up a lot more space than other coins.
Im just about ready to scrap CryptoNote and go with typical blockchain. will put it to a vote, but so far there is no love for cn.

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October 18, 2014, 11:27:28 PM
 #508

Couple questions.  May have been asked but I hadn't seen them.  Sorry if they are repeats.

Who is handling the ICO?  Is it internal or an exchange?
internal, javascript, everything stored on bitcoin blokcchain, code currently being audited, very similar process like ethereum.

Quote
When will the actual coin, wallet, and gaming platform be ready?
plan is to launch poker and coin at same time. shooting for 30 days post ico.

Quote
Which cryptonote coin did you clone?  Are you familiar with some of the difference between coins like BBR and XMR?  Will code be opensource? 
yes open-source at launch.

cloned cryptonote directly. yes, familiar with Boolberry and Monero.

also have a non cryptonote , x13 implementation as backup, due to recent cryptonote revelations.

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October 18, 2014, 11:28:20 PM
 #509

I'm curious to know if Blockchain bloat is going to be an issue with this coin. I've played around with several CryptoNote coins of, and they can be take up a lot more space than other coins.
Im just about ready to scrap CryptoNote and go with typical blockchain. will put it to a vote, but so far there is no love for cn.

Not all exchanges are compatible with CN coins.  That could be one advantage to going with a typical bitcoin based blockchain.  The other exchanges will come online eventually so in the long term scheme of things, it may not matter.
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October 18, 2014, 11:33:55 PM
 #510

Couple questions.  May have been asked but I hadn't seen them.  Sorry if they are repeats.

Who is handling the ICO?  Is it internal or an exchange?
internal, javascript, everything stored on bitcoin blokcchain, code currently being audited, very similar process like ethereum.

Quote
When will the actual coin, wallet, and gaming platform be ready?
plan is to launch poker and coin at same time. shooting for 30 days post ico.

Quote
Which cryptonote coin did you clone?  Are you familiar with some of the difference between coins like BBR and XMR?  Will code be opensource? 
yes open-source at launch.

cloned cryptonote directly. yes, familiar with Boolberry and Monero.

also have a non cryptonote , x13 implementation as backup, due to recent cryptonote revelations.

Thanks for the info.

Cloning BBR could of been a better option.  They are faster, less bloat, and have address alias.  If players wanted to send funds from one another, using an alias would be so much nicer.  I guess you could pull some of these changes though.

Wallet address aliasing: any wallet can be linked with symbolic name via special type extra record in coinbase. Block chain will control registered names uniqueness

Other features:
Unlinkable outputs ensures the user's anonymity is not broken due to zero mixin usage.
Transaction identification by prefix allows Boolberry to cut ring signatures from block chain reducing block chain size by 60-90%, depending on mixin usage.
Removed Dust from block reward to reduce block chain size even more.
New block chain based PoW hash provides faster synchronization with network and immunity from DoS attacks.
Network Alerts allow developers to broadcast messages about critical updates or other important events to the network
Donation-based crowd-funding: Boolberry has an open and transparent model of project financing with a maximum of 1% of mined coins reserved for project development. The actual rate is controlled by network participants (miners) using votes. Boolberry gives a fixed percentage to the CryptoNote founders.
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October 18, 2014, 11:38:17 PM
 #511

Couple questions.  May have been asked but I hadn't seen them.  Sorry if they are repeats.

Who is handling the ICO?  Is it internal or an exchange?
internal, javascript, everything stored on bitcoin blokcchain, code currently being audited, very similar process like ethereum.

Quote
When will the actual coin, wallet, and gaming platform be ready?
plan is to launch poker and coin at same time. shooting for 30 days post ico.

Quote
Which cryptonote coin did you clone?  Are you familiar with some of the difference between coins like BBR and XMR?  Will code be opensource? 
yes open-source at launch.

cloned cryptonote directly. yes, familiar with Boolberry and Monero.

also have a non cryptonote , x13 implementation as backup, due to recent cryptonote revelations.

Thanks for the info.

Cloning BBR could of been a better option.  They are faster, less bloat, and have address alias.  If players wanted to send funds from one another, using an alias would be so much nicer.  I guess you could pull some of these changes though.

Wallet address aliasing: any wallet can be linked with symbolic name via special type extra record in coinbase. Block chain will control registered names uniqueness

Other features:
Unlinkable outputs ensures the user's anonymity is not broken due to zero mixin usage.
Transaction identification by prefix allows Boolberry to cut ring signatures from block chain reducing block chain size by 60-90%, depending on mixin usage.
Removed Dust from block reward to reduce block chain size even more.
New block chain based PoW hash provides faster synchronization with network and immunity from DoS attacks.
Network Alerts allow developers to broadcast messages about critical updates or other important events to the network
Donation-based crowd-funding: Boolberry has an open and transparent model of project financing with a maximum of 1% of mined coins reserved for project development. The actual rate is controlled by network participants (miners) using votes. Boolberry gives a fixed percentage to the CryptoNote founders.

thats the thing: who are the CryptoNote founders? and why so anonymous?

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October 19, 2014, 01:20:37 AM
 #512

We are looking to raise from 7 to 15 thousand bitcoins, the minimum amount we would need for the project would be 1000 bitcoins.

Due to various factors, Breakoutcoin is reconsidering the use of CryptoNote as its core. A Bitcoin core with x13 and Stealth features is the alternative. Both cores are in development and managed by @jaybny.

We strive to provide the most secure coin and transparent development process.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
████BREAKOUT COINWEBSITEMULTICURRENCY SMART CONTRACTS + SIDECHAINS ANN ★  COINSALE June 13 – July 7  ████
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October 19, 2014, 01:31:13 AM
 #513

We are looking to raise from 7 to 15 thousand bitcoins, the minimum amount we would need for the project would be 1000 bitcoins.

Due to various factors, Breakoutcoin is reconsidering the use of CryptoNote as its core. A Bitcoin core with x13 and Stealth features is the alternative. Both cores are in development and managed by @jaybny.

We strive to provide the most secure coin and transparent development process.


will the all valuable and all amazing berg stake still be in the mix?
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October 19, 2014, 01:43:22 AM
 #514

We are looking to raise from 7 to 15 thousand bitcoins, the minimum amount we would need for the project would be 1000 bitcoins.

Due to various factors, Breakoutcoin is reconsidering the use of CryptoNote as its core. A Bitcoin core with x13 and Stealth features is the alternative. Both cores are in development and managed by @jaybny.

We strive to provide the most secure coin and transparent development process.


will the all valuable and all amazing berg stake still be in the mix?

bergstake implementation is independent of coin core choice.

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October 19, 2014, 01:48:41 AM
 #515

We are looking to raise from 7 to 15 thousand bitcoins, the minimum amount we would need for the project would be 1000 bitcoins.

Due to various factors, Breakoutcoin is reconsidering the use of CryptoNote as its core. A Bitcoin core with x13 and Stealth features is the alternative. Both cores are in development and managed by @jaybny.

We strive to provide the most secure coin and transparent development process.


will the all valuable and all amazing berg stake still be in the mix?

bergstake implementation is independent of coin core choice.

ok that's cool was just wondering cos wasn't sure. sounded like something cool that had been coded for CN coins in particular.

Also Bergstake and mining with pools

If i mine fresh breakout coins in a mining pool, who then receives the bergstake? the pool operator? because i thought it was attached to the address that mines it, and is not and then not transfered like breakout coin. so wouldn't the pool owners get the bergstake?
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October 19, 2014, 02:05:01 AM
 #516

We are looking to raise from 7 to 15 thousand bitcoins, the minimum amount we would need for the project would be 1000 bitcoins.

Due to various factors, Breakoutcoin is reconsidering the use of CryptoNote as its core. A Bitcoin core with x13 and Stealth features is the alternative. Both cores are in development and managed by @jaybny.

We strive to provide the most secure coin and transparent development process.


will the all valuable and all amazing berg stake still be in the mix?

bergstake implementation is independent of coin core choice.

ok that's cool was just wondering cos wasn't sure. sounded like something cool that had been coded for CN coins in particular.

Also Bergstake and mining with pools

If i mine fresh breakout coins in a mining pool, who then receives the bergstake? the pool operator? because i thought it was attached to the address that mines it, and is not and then not transfered like breakout coin. so wouldn't the pool owners get the bergstake?
Dev, I have just one question. If I will mine on pool during PoW, how the pool will send me Bergstakes?

Current pool technology will not enable this. So the pool operator will keep all the Bergstake, and to compensate, they will have to distribute all or most of the BRO to miners. This is why we are developing a new kind of pool, where when a block is found, all miners will be entered into the coinbase transaction directly. So there will be 100s of outputs. This "feature" will keep pools smaller and less centralized.


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October 19, 2014, 03:00:07 AM
 #517

We are looking to raise from 7 to 15 thousand bitcoins, the minimum amount we would need for the project would be 1000 bitcoins.

Due to various factors, Breakoutcoin is reconsidering the use of CryptoNote as its core. A Bitcoin core with x13 and Stealth features is the alternative. Both cores are in development and managed by @jaybny.

We strive to provide the most secure coin and transparent development process.


WOW! A minimum of 7,000 btc for 4.5 million coins.  That's roughly $2,800,000.00 at current prices.  If we reach 7000 bitcoin, that makes the 4.5 million coins 150,000+/- sats a piece.

We have 7 million coins being mined over 2 years, 2 million coins annually from PoB and 7 million BRO will be given away for free through incentive programs.  All this eventually leading to the max of 200 million coins.

Roughly 14,880 coins will be minted each day if you include PoW and PoB which works out to just over 22 bitcoins a day needed to maintain 150ksat so investors do no lose money on the ICO.

Edit: See the post below.  PoW and PoB happen at 2 different times.

PoW Phase: 2 years, 7 million coins, ~19.98 BRO block reward
PoB  Phase: perpetual, 2 million coins annually ~11.42 BRO block reward
200 million+ total coins
14 million coin Pre-Mine (< 7%) <<< 14 million coins premined but the ICO is for 4.5 million and 7 million given away.  Where is the other 2.5 million BRO???

So all this leads me to the following questions.  Is there a minimum of bitcoins needed to ensure the project continues?  If you only raise 500, 800, 1000, 2000, or anything under 7000btc, will the project continue?

Edit: "the minimum amount we would need for the project would be 1000 bitcoins."  I over looked that some how

--- EDIT ---

Just seen where the other 2.5 million bro are. "12% - 2.5 million – Developers, Marketing, Pros, Bounties, Ops"  LOL so we are paying for ICO AND you get free coins to pay "Developers, Marketing, Pros, Bounties, Ops".  What is the ICO for?
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October 19, 2014, 04:43:28 AM
 #518

Roughly 14,880 coins will be minted each day if you include PoW and PoB which works out to just over 22 bitcoins a day needed to maintain 150ksat so investors do no lose money on the ICO.

pre-mine: 14 million   (2.5 dev, 4.5 ico, 7 giveaways)

year1 - 3.5 million pow   (9589 per day)

year2 -3.5 million pow (9589 per day)

year3 - 2 million pob (5480 per day)

year4 - 2 million pob (5480 per day)

lets get the facts right first  


Ok so PoB doesn't start until the 3rd year?  I know PoB runs perpetually after PoW ends but does it not generate coins from the start?  I guess I had it right in an earlier post then.  I had thought it was that way but after re-looking at some of the information I thought I had originally made a mistake.

9589 BRO per day at 150k sat is a little over 14 bitcoins a day needed to maintain a break-even price for investors IF 7,000 bitcoins are raised during the ICO.

I made a mistake because I thought PoB would still be happening during PoW.


2.5 million coins for the 'dev' is equal to 3759 bitcoins if 7000 bitcoins are raised during the ICO  Don't you think thats a bit much?  Your asking for a big ICO plus you're keeping 2.5 million coins to pay for things that the ICO should be paying for.  Seems a bit excessive.

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October 19, 2014, 05:02:05 AM
 #519

Roughly 14,880 coins will be minted each day if you include PoW and PoB which works out to just over 22 bitcoins a day needed to maintain 150ksat so investors do no lose money on the ICO.

pre-mine: 14 million   (2.5 dev, 4.5 ico, 7 giveaways)

year1 - 3.5 million pow   (9589 per day)

year2 -3.5 million pow (9589 per day)

year3 - 2 million pob (5480 per day)

year4 - 2 million pob (5480 per day)

lets get the facts right first 

Ok so PoB doesn't start until the 3rd year?  I know PoB runs perpetually after PoW ends but does it not generate coins from the start?  I guess I had it right in an earlier post then.  I had thought it was that way but after re-looking at some of the information I thought I had originally made a mistake.

9589 BRO per day at 150k sat is a little over 14 bitcoins a day needed to maintain a break-even price for investors IF 7,000 bitcoins are raised during the ICO.

I made a mistake because I thought PoB would still be happening during PoW.


2.5 million coins for the 'dev' is equal to 3759 bitcoins if 7000 bitcoins are raised during the ICO  Don't you think thats a bit much?  Your asking for a big ICO plus you're keeping 2.5 million coins to pay for things that the ICO should be paying for.  Seems a bit excessive.












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October 19, 2014, 05:06:39 AM
 #520


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