Topic: [ANN] Banx - Liquidity Paid Back In From Profits - page 57. (Read 112999 times)

the video explains why we stopped mining, i was naive thinking people wouldn't just dump shares and not be interested in what we are trying to achieve long term. again, all explained in the video.

so your telling me you didn't even bother to look at the title of this thread:

Re: [ANN] Banx Shares - IPO/ICO - Bitcoin dividends paid monthly

how can we be more obvious?

thanks very much for the positive comments, we are here and serious about building a company and brand that is here for the long term.

If you need anything just hit me up on mark at banxcapital.com and I will help you all I can

Code and the network doesn't lie. You can scratch off the bit about the premine from my review if this is an ICO... but this si not obvious at all. No one has time to read your 50 page business plan to understand what you are doing.. I listened to the video and it sounds like you want to completely control mining, hence my extreme warning. Look up what happened with Midascoin v1.0 to see what can happen

hey there,

based on us selling all our shares and becoming fully funded we are projected to pay a dividend in bitcoin of approx 70% of the share investment in 12 months. everything, all cash flow projections for each of the products and solutions we are offering is outlined here mate:

http://banxcapital.s3.amazonaws.com/Banx_Capital_Prospectus.pdf

if you need any more info just ask

Hi there, no as previously stated the shares can't be mined, explained here: http://banxcapital.com/information-about-banx-shares-mining/

very true, sites that did very well. sites that brought in over $2,000,000 a year in recurring income.

Read my book if you wanna know all about it and me: http://rebelentrepreneurbook.s3.amazonaws.com/Mark_Lyford_Rebel_Entrepreneur.pdf

nothing, absolutely nothing about me or my life is hidden, google my name you read all about me, read the book you will find out more.

looks pretty damn interesting! 

earlz, you say you have reviewed this but quite clearly you havent even bothered to read any of the above posts i have made. nor can you be bothered to watch a 5 minute video with me explaining everything about mining..

as the thread quite clearly states this is an IPO. 

do me a favour and read the first couple of pages with me explaining EVERYTHING about what we are trying to do with this company.

Still dont like what we are doing after that then, move on , its not for you , fair enough. but dont come in here slagging off something you openly state you havent bothered to research properly.

What dividend can we expect montly??

Is this even a coin? Can we mine it? What algo?
Dev update OP with the basics first, WTH?

Most of the country was still on dial up internet in 2000.

LOL in 2000.. when PHP was a blip and dynamic HTML was not even a concept. Think HTML 2.0 no css yet. Very basic sites that were most likely clones of each other optimized for what was the search engine that was popular then....Dogpile I think it was.

You really should write more.. I don't really have time to watch a 5 minute video...

Anyway, from the sound of it I don't really understand what this coin is about. Regardless, I've reviewed this coin and you've got a lot of serious issues. I would not recommend anyone buy or mine this. You seem to be wanting to do something that bitcoin is not really suited to, at least not in the way you're doing it.


bankx https://bitcointalksearch.org/topic/ann-banx-liquidity-paid-back-in-from-profits-813191

Heritage: bitcoin 0.8.6, ISO(?)

Problems:

* NOTE: I don't have time to sift through hours of video, nor a 50 page business plan, so all spec analysis is off
* MODERATE: checkpoints are disabled, despite them assuming that they actually work
* EXTREME: difficulty is dangerously low. A double spend would be trivial
* EXTREME: difficulty adjustment is different depending on if your coin is compiled for window or not
* MODERATE: genesis seed is not a news event
* MAJOR: huge premine... Unknown if this is disclosed because the specs are obscured in some 50 page business plan
* EXTREME: mining has been "stopped".. This opens it up to the same class of attacks that Midascoin v1.0 endured
** Solo miners can still mine blocks and could do double spends or attacks on the chain like refuse to allow any transactions to take place

Notes:


what the fuck...

@@ -2168,8 +2286,40 @@ bool CBlock::AcceptBlock(CValidationState &state, CDiskBlockPos *dbp)
         nHeight = pindexPrev->nHeight+1;
 
         // Check proof of work
+       // if (nBits != GetNextWorkRequired(pindexPrev, this))
+       //     return state.DoS(100, error("AcceptBlock() : incorrect proof of work"));
+       
+        #ifdef _WIN32
+            // Check proof of work       
+            if(nHeight >= 8850){
+                unsigned int nBitsNext = GetNextWorkRequired(pindexPrev, this);
+                double n1 = ConvertBitsToDouble(nBits);
+                double n2 = ConvertBitsToDouble(nBitsNext);
+
+                if (nHeight <= 45000) {
+                    if (abs(n1-n2) > n1*0.2)
+                        return state.DoS(100, error("AcceptBlock() : incorrect proof of work (DGW pre-fork)"));
+                } else {
+                    if (abs(n1-n2) > n1*0.005)
+                        return state.DoS(100, error("AcceptBlock() : incorrect proof of work (DGW2)"));
+                }
+            } else {
+                if (nBits != GetNextWorkRequired(pindexPrev, this))
+                    return state.DoS(100, error("AcceptBlock() : incorrect proof of work"));
+            }
+        #else
+            // Check proof of work
+            if(nHeight >= 34140 && nHeight <= 45000){
+                unsigned int nBitsNext = GetNextWorkRequired(pindexPrev, this);
+                double n1 = ConvertBitsToDouble(nBits);
+                double n2 = ConvertBitsToDouble(nBitsNext);
+                if (abs(n1-n2) > n1*0.2)
+                    return state.DoS(100, error("AcceptBlock() : incorrect proof of work (DGW pre-fork)"));
+            } else {
                 if (nBits != GetNextWorkRequired(pindexPrev, this))
                     return state.DoS(100, error("AcceptBlock() : incorrect proof of work"));
+            }
+        #endif


Watermarks: uint64, pow, bitcoin

Hi there, please see this video I posted on here yesterday: http://banxcapital.com/information-about-banx-shares-mining/

Many thanks

Mark

Why is the difficulty for this coin so ridiculously low right now?

yes 32,000 adult sites. I guess I was the biggest owner of sites in the world around the year 2000.

32,000 websites???

Glad to be of help mate.

speak soon

It was a pleasure. keep in touch and lets see where we are at this time next month