[KOBO] Kobocoin - Mobile Money for Africa

[TheTribesman]

It would be good to put up some coins on https://yobit.net/en/freecoins/ if someone is able to

I will get this done

[TheTribesman]

Update:

The x15-hash for node.js is now built. I've uploaded the code to github and published it to npm.

github - https://github.com/kobocoin/node-x15-hash
npm - https://www.npmjs.com/package/x15-hash

Next is to fork bitcore-lib, build the client js libraries, and make sure they work.

[TheTribesman]

Don't forget that you can also trade BTC/KOBO on CoinExchange https://www.coinexchange.io/market/KOBO/BTC. KOBO volume on CoinExchange.io is very healthy at this time.

[TheTribesman]

It would be good to put up some coins on https://yobit.net/en/freecoins/ if someone is able to

I will get this done

Done. 0.05 KOBO paid out every 3 hours which is a possible 0.4 KOBO per day. Looking at some of the other freecoins rates on the list, the KOBO freecoins rate is WAY overgenerous!

Hopefully it'll encourage more interest and possible volume. I've pinned it as a tweet. I'll leave it pinned for 24 hours to encourage some retweets.

[adhitthana]

This coin looks interesting particularly with the high usage of similar mobile apps in Africa.

What I can't understand is why any coin would want 10% growth per year for stakers. Nothing grows at 10% year after year. This sort of growth seems out of touch. But good luck with the project

[TheTribesman]

This coin looks interesting particularly with the high usage of similar mobile apps in Africa.

What I can't understand is why any coin would want 10% growth per year for stakers. Nothing grows at 10% year after year. This sort of growth seems out of touch. But good luck with the project

Thanks for the interest in the project.

There was a time not so long ago that bank savings accounts were offering 4-6% growth per year. 10% is meant to encourage people to get financially involved with the currency and consider holding on to it rather than immediately cashing everything straight out to fiat.

I don't see it being out of touch. It's meant to be a very enticing incentive to get involved with Kobocoin. We have to offer more than fiat currencies are prepared to offer or what's the point?

[TheTribesman]

Kobocoin Paper Wallet Generator Now Available

I had a few hours to spare so got the paper wallets done. They'll be supported on the site WalletGenerator.net https://walletgenerator.net/. I need to update the devs to get it added but as you can see it's working. I tested quite a few addresses so I'm happy to get it out.



I've uploaded the entire site to the Kobocoin website at following address

http://kobocoin.com/walletgenerator/

Have a play with it (Kobocoin is already from the list on the right hand side), but don't use it to generate any wallets to store KOBO on until I've uploaded the zip to github and you can generate the addresses offline.

I'm going to use it as a base for building a custom paper wallet generator for us integrated into the main website with standard KOBO colors. That might take some time. I'll update you once the WalletGenerator.net site is updated to support KOBO.

[bandofgypsys]

This coin looks interesting particularly with the high usage of similar mobile apps in Africa.

What I can't understand is why any coin would want 10% growth per year for stakers. Nothing grows at 10% year after year. This sort of growth seems out of touch. But good luck with the project

Thanks for the interest in the project.

There was a time not so long ago that bank savings accounts were offering 4-6% growth per year. 10% is meant to encourage people to get financially involved with the currency and consider holding on to it rather than immediately cashing everything straight out to fiat.

I don't see it being out of touch. It's meant to be a very enticing incentive to get involved with Kobocoin. We have to offer more than fiat currencies are prepared to offer or what's the point?

That is true my parents had 18% interest rates in the 80's. I think it is a great way to stop ppl form dumping their coins. 10% gains year over year is amazing compound.

[TheTribesman]

Our custom paper wallet generator is now ready. It's also ready for integration with the main Kobocoin.com site but I've got a flight to catch so it'll just have to wait!

Take a look http://kobocoin.com/walletgenerator/

Anyways, here's a boring screenshot. If you click on the 'Kobocoin Home' tab, You'll see how it integrates with the main site. I just need to update the menus on main site then it's done. I'll also get it onto github soon so it can be used offline. The repo is created, I just need to perform a commit.




QUICK (semi)UPDATE:

As well as building the JS Client libraries, I'll also be building an Electrum Server for Kobocoin. That will also open up a lot of new doors to development.

And there's also another platform I want to get us on that will be very exciting for future developments. Just waiting to hear back from the project team. No, it has nothing to do with Azure!

[bandofgypsys]

Good stuff dev thanks for the timely updates!!

[adhitthana]

This coin looks interesting particularly with the high usage of similar mobile apps in Africa.

What I can't understand is why any coin would want 10% growth per year for stakers. Nothing grows at 10% year after year. This sort of growth seems out of touch. But good luck with the project

Thanks for the interest in the project.

There was a time not so long ago that bank savings accounts were offering 4-6% growth per year. 10% is meant to encourage people to get financially involved with the currency and consider holding on to it rather than immediately cashing everything straight out to fiat.

I don't see it being out of touch. It's meant to be a very enticing incentive to get involved with Kobocoin. We have to offer more than fiat currencies are prepared to offer or what's the point?

Thank you for your thoughtful reply.
I was interested in this coin because previous to reading about it I was aware of the tremendous growth of Africans using payment methods from mobile phones so it's very interesting if one could get some interest in Africa.
I can see the point of making the growth (up to ) 10% in the short term, but I'd argue that in the long term anything that grows 10% per year will run into a whole host of problems on planet earth where that sort of organic growth is unsustainable.
But maybe only 20% of people will stake which makes it more in line IMHO.
But I guess everything in crypto is an experiment anyway, and I may not be right...but without doing the math I suspect I could be

[TheTribesman]

Bitcoindood interviews Kobocoin Dev

http://bitcoindood.com/bitcoin-blog/2016/03/28/interview-with-kobocoin-dev/

 

[TheTribesman]

Looks like our volume is now coming from CoinExchange.io which has just been added to exchanges list on CoinMarketCap



We're the top coin on CoinExchange at this time. That's not too bad. CoinExchange must be happy with us (for now). I've sent them a congratulations tweet now they've been added. It will increase use of their exchange. It's an easy to use interface. Could do with quicker, more reliable updates, but I am definitely not complaining!



 

[TheTribesman]

Looks like our volume is now coming from CoinExchange.io which has just been added to exchanges list on CoinMarketCap

We're the top coin on CoinExchange at this time. That's not too bad. CoinExchange must be happy with us (for now). I've sent them a congratulations tweet now they've been added. It will increase use of their exchange. It's an easy to use interface. Could do with quicker, more reliable updates, but I am definitely not complaining!

nothing to write home about, 85% of that volume came from only 2 trades:

sell     0.00000250     228865.36609200     0.57216342
sell     0.00000250       86965.70000000     0.21741425

I'll take it. It's better than 0% from 0 trades.

 

[OKtoshi]

OK is Honored with the new cross collaboration with Kobocoin:

Congratulations to KOBO for claiming a "Permanent add promo"
showing Real commitment to their communities to support long term adoption.

Kobocoin is getting integrated in the base coins for all coming ROKOS flavors releases for IoT devices.




What is ROKOS?
http://rokos.space

[TheTribesman]

OK is Honored with the new cross collaboration with Kobocoin:

Congratulations to KOBO for claiming a "Permanent add promo"
showing Real commitment to their communities to support long term adoption.

Kobocoin is getting integrated in the base coins for all coming ROKOS flavors releases for IoT devices.




What is ROKOS?
http://rokos.space

Thanks so much OKtoshi

I am REALLY excited about this. I think ROKOS is one of the most promising projects in crypto. To be able to get a 'Permanent add' is overwhelming. I'm so happy right now (I'm sure trading volume will bring me back down to earth).

People are talking and stressing about IoT, but you're out there cracking it!

And with Raspberry Pi porting, it gives Kobocoin a real edge in our home market where the Pi is widely used as a training tool (https://vimeo.com/84228950) and demand is growing (https://www.techvoize.com/news/south-africa-growing-demand-raspberry-pi-sa-1226).

I'm really looking forward to working with ROKOS.

 

(WOOHOO!)

[OKorator]

Welcome to Rokos!

Be sure to follow @OKcashOrator on twitter, well be sure to support this great announcement!

[TheTribesman]

Welcome to Rokos!

Be sure to follow @OKcashOrator on twitter, well be sure to support this great announcement!

Already following
 

[TheTribesman]

Bitcoindood interviews Kobocoin Dev

http://bitcoindood.com/bitcoin-blog/2016/03/28/interview-with-kobocoin-dev/

 

[TheTribesman]

Update

Kobocore-lib (our javascript client libraries) has now been built. I now need to:

- Build the browser bundle
- Build a sample webpage and test
- Test it out by creating a few offline addresses and some other tests

Once this is done, I'll post the results here and update the git repository.

I'll then get the libraries to Bitsoko to include Kobocoin on their platform.

After that I'll get onto building our Electrum Server so we can get onto UberPay.io

With javascript client and electrum server built I'll then start looking into getting an iOS wallet built and released. With the electrum server online I'll be able to investigate if it can be used to make the mobile iOS wallet (and possibly android) more lightweight than the curren android wallet.

After that I want to investigate if we can implement something like RootStock (http://rootstock.io/). Rootstock is an open source BTC sidechain that offers smart contracts, near instant payments and higher scalability for the bitcoin blockchain. It might not be possible, but it's worth investigating.

I'm also considering whether to bundle all these recent and near future developments under a unified platform and calling it Koboko. A platform that interested parties, merchants, organizations etc can use to harness the features of the Kobocoin blockchain and currency. We'll see. It's just an idea right now.

Hopefully I'll soon be posting some screenshots of how testing the client libraries is going.