[KOBO] Kobocoin - Mobile Money for Africa

[opticoin]

Did you sell all your coins? ..  I have  not sold a single coin and even bought during the lows... I am happy with the recent developments.   I guess the turning point was the announcement of the partnership with bitsoko (which received a grant from the Gates Foundation) .. The project, if successful, will make Kobocoin play a critical role in what might become Africa's "own bitcoin"..  The market is responding by buying up the coin which has been hitting the highs recently..

Tribesman I wish you did all this stuff when I still had my Kobocoins lol   nevertheless I wish you the best of luck  

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[yns1971]

I get some kobocoins yestoday

[TheTribesman]

There are so many developments I'd like to get into including getting into Raspberry Pi once rokos flavours comes out. It's hard finding time with a day job and flying up and down the UK every week, but everything that's needed will be completed.

Would building the daemon for Raspbian Wheezy (1st Pi, model B) be of any use?

Yes, all development is a step forward. Do you know if a lot of Pi owners remain on wheezy? I'm guessing that some people might still be afraid of the word 'upgrade'.

Ok here it is:
https://mega.nz/#!b9gjEJBB!ES939lrqS1c8qUqaOiFU-L79udj0hKlSB5Hdok8YUGw

I've tested it, it works and downloads blocks but I haven't synced the whole chain yet. I'm not able to have it running 24/7 and a slow cpu like this takes longer to sync the chain.

I've got no numbers on how many Pi-users are still on wheezy I'm afraid. I guess quite a few people got one and are not *nix-geeks so they might not see the reason to upgrade as long as the system does what they want it to. Security stuff is still backported so it chugs along

Excellent news. Thank you for this. I'll be buying 2 Pi's this weekend. I'll get Wheezy on one and Jessie on the other and give this a tryout.

Much appreciated! Sent you a PM

 

[TheTribesman]

Tribesman I wish you did all this stuff when I still had my Kobocoins lol  nevertheless I wish you the best of luck 

I know. I can only apologise. There was some heavy personal stuff going on in the middle and end of last year which created a lack of motivation, but that was last year!

No matter what, thanks for the continued support. I hope I can confirm that you were right to have faith in the project in the first place.

[TheTribesman]

I get some kobocoins yestoday

Good buy. Welcome to the community!

There's lots going on the moment. Lots to get sorted (tech is trying to punish me, but it won't win!!), and lots to get into production over the coming weeks and months.

[b1007]

Did you sell all your coins? ..  I have  not sold a single coin and even bought during the lows... I am happy with the recent developments.   I guess the turning point was the announcement of the partnership with bitsoko (which received a grant from the Gates Foundation) .. The project, if successful, will make Kobocoin play a critical role in what might become Africa's "own bitcoin"..  The market is responding by buying up the coin which has been hitting the highs recently..

Tribesman I wish you did all this stuff when I still had my Kobocoins lol   nevertheless I wish you the best of luck  

Unfortunately I sold em all a while back, thinking this would die out, your faith in this project will be rewarded I am sure if dev keeps up this pace. 

[b1007]

Tribesman I wish you did all this stuff when I still had my Kobocoins lol  nevertheless I wish you the best of luck 

I know. I can only apologise. There was some heavy personal stuff going on in the middle and end of last year which created a lack of motivation, but that was last year!

No matter what, thanks for the continued support. I hope I can confirm that you were right to have faith in the project in the first place.

If you keep up the good work, things should work out, new doors will be opened Although I don't have Kobocoins anymore I will continue to follow this project with great interest. 

[TheTribesman]

NEWS: COINWALLETCO IS CLOSING

Pleas withdraw any KOBO you have on CoinWalletCo before 1st May

Official Announcement
https://www.coinwallet.co/closing

There was a data breach. Your coins are safe but CoinWalletCo has decided to close. A real shame.

[opticoin]

You can buy back  .. I think Kobocoin is undervalued.. right now, with a solid dev and recent news it should be ranked in the top 100 coins , market cap of around 400,000 or 0.00004 BTC per Kobo.  If the co-development project with bitsoko is successful, it should be in the top 20-50 coins or a market cap of $1M or around 0.0008 BTC per Kobo...

Did you sell all your coins? ..  I have  not sold a single coin and even bought during the lows... I am happy with the recent developments.   I guess the turning point was the announcement of the partnership with bitsoko (which received a grant from the Gates Foundation) .. The project, if successful, will make Kobocoin play a critical role in what might become Africa's "own bitcoin"..  The market is responding by buying up the coin which has been hitting the highs recently..

Tribesman I wish you did all this stuff when I still had my Kobocoins lol   nevertheless I wish you the best of luck  

Unfortunately I sold em all a while back, thinking this would die out, your faith in this project will be rewarded I am sure if dev keeps up this pace. 

[TheTribesman]

You can buy back  .. I think Kobocoin is undervalued.. right now, with a solid dev and recent news it should be ranked in the top 100 coins , market cap of around 400,000 or 0.00004 BTC per Kobo.  If the co-development project with bitsoko is successful, it should be in the top 20-50 coins or a market cap of $1M or around 0.0008 BTC per Kobo...

It will be successful. There is real commitment from both sides. We're still troubleshooting the js libraries. We're able to get a private key generated but getting a KOBO address generated is the challenge now. We'll get there. Unfortunately this week I've been running up and down and also troubleshooting the Electrum server for UberPay. They ran initial tests. It was running fine but I think the electrum server stalled. I probably need to set up more than just the one. There's not enough hours in a day to get everything done.

I'm actually writing this at 4.30am UK time. I've just arrived in Manchester. I'm attending Coinfest UK (https://coinfestuk.org/). I'm looking forward to meeting some of the other devs in person, listening to current and future developments, and seeing what else I can do to take Kobocoin forward.

This week Kobocoin has also become part of the Federated Blockchains Initiative. The aim of the initiative is to develop a sidechain that can unify blockchains, so there may be (in the near future if it's possible and works out) a way for independent blockchains to communicate with each other. I need to make an official announcement about joining the initiative but I've been running up and down the UK this week and time is a premium. London on Monday. Edinburgh on Tuesday and Wednesday. London on Thursday and Friday, and now Manchester for Coinfest on Saturday.

All good stuff! (but tiring...)

[mrkingsley]

How much is 1btc to kobocoin and also can it be purchased from Nigeria

[TheTribesman]

How much is 1btc to kobocoin and also can it be purchased from Nigeria

The BTC/KOBO price can be got from coinmarketcap.com (search for KOBO) but the quickest way to see current price is to check the twitter feed.
https://twitter.com/kobocoindev

The price is tweeted every hour and shows the current price of 1 KOBO to BTC, USD and NGN. This is a link to the most recent price tweet
https://twitter.com/kobocoindev/status/719057349596614657



At the time of me writing this 1 KOBO = 1.07 Naira, so KOBO is actually worth more than Naira right now!

It's possible to buy KOBO in Nigeria, but at this time it can only be done online through the cryptocurrency exchanges.

1. Purchase some bitcoin (BTC)
2. Goto a cryptocurrency exchange that sells KOBO
3. Use BTC to purchase KOBO
4. Send KOBO to your wallet

I know it's a bit involved, but please be assured that I'm working on something behind the scenes regarding this.

[TheTribesman]

We now have a French translation thread

https://bitcointalk.org/index.php?topic=1432473

[TheTribesman]

I've just updated the KOBO price ticker so it now includes the following:

- BTC
- USD
- NGN (Nigerian Naira)
- ZAR (South African Rand)
- KES (Kenyan Shilling)



These are the currencies of the 3 main financial centres in Africa.

[bandofgypsys]

Love it always progress here!

Ever considered a kobo online store? Straight fiat to kobo.
Or a Xapo type of project?

[bandofgypsys]

i could never understand how this wallet stakes.
sometimes it goes well, sometimes like this time it simply almost doesn't,
with weight 10-15% of total network i had 2 stakes in 24 hours, unbelievable

Add more nodes?

[bandofgypsys]

i could never understand how this wallet stakes.
sometimes it goes well, sometimes like this time it simply almost doesn't,
with weight 10-15% of total network i had 2 stakes in 24 hours, unbelievable

Add more nodes?

nope, it's not about nodes, plenty of them, syncs perfectly, clock is ok, smth else.

Hmm yea mine is the same.way. over 350k coins but barely get any.

[EleanorZ]

Hmm yea mine is the same.way. over 350k coins but barely get any.

Yeah, ditto...well into six figures of KOBO but I only get a few payouts of 1 or 2 coins, for a total of < 10 each time. (Granted I only put the wallet online every few days.)

Hadn't really given it much thought, but it's interesting that it's apparently the same for others.

[TheTribesman]

How long have you guys been staking, and are your coins all in one large address or have you spread them out? The most efficient way for 350K would be addresses of 25K or 50K chunks (you'll then have to wait for maturity), some would even say make it smaller if you have the time. I've not had any issues with staking but my coins haven't moved for months and I don't always stake them, so when I unlock my wallet it stakes OK.

I want to start looking at the wallets at some point after the current projects are completed. This might include making changes under the cover.

I took a look at Xapo. It reminds me of Coinsbank (https://coinsbank.com/). The CEO made a presentation at Coinfest. At the moment I'm steering clear of web purchases of kobo simply because of regulation. Legislation is not clear and the last thing I need right now is for my bank accounts to be frozen. Once there's clarity on that I'll be happy to move forward with it. I've been asked a few times where to buy kobo. At the moment I can only suggest the 2 exchanges we're on. Here in the UK, it was only last week that the very first crypto business was given an e-money livense which allows them to officially open a bank account (see here, check paragraph about FCA - http://www.theguardian.com/uk-news/2016/apr/06/barclays-supports-uk-launch-of-circle-money-transfer-app).

Also at Coinfest this weekend I was lucky enough to see the eMunie project and wallet. It's very impressive. It has the potential to make decentralized personal banking a reality. It's extremely user friendly in appearance and function. I had a quick word with the dev.

It gave me some good ideas of what to do with desktop wallet to make it a lot more user friendly. The code is all there. It's just to give it a different, more recognisable appearance and make it more suitable for personal finances.

For example, we already have encrypted address-to-address messaging but it could be updated to be more aesthetic and allow you to save a profile pic so you'd then have encrypted personal messaging with an address book within the wallet.

Many ideas but development of a new wallet is still some time away. There's a few things that need to be completed before that can be looked at.

[TheTribesman]

How long have you guys been staking, and ................

it started to stake after some time on another launch.
and this is how it plays over and over again.
one launch it sleeps, another in some half an hour - stakes.
i got used to it months ago, just this time the lag was far too pronounced

Sent you a PM