Topic: [ANN] CryptoCircuits (CIRC) | Johnny 5 Bot Now Live V2 RhinoHunter Soon Released - page 328. (Read 354501 times)
June 15, 2015, 08:23:15 PM
This very elaborate and sounds like a lot of fluff
June 15, 2015, 07:21:38 PM
Interesting project going on here.
When will the radio show take place?
Would also like to mention that I hear one of the devs on this coin is also a dev involved in a supernet coin.
I'm in.
When will the radio show take place?
Would also like to mention that I hear one of the devs on this coin is also a dev involved in a supernet coin.
I'm in.
I know there is a radio show and I've heard the same rumor about a dev from a Supernet coin. I was sold on that sic wallet from first glance.
June 15, 2015, 06:38:55 PM
Looks great dev. Is this the how it will really look once we download the wallet?
June 15, 2015, 06:23:56 PM
Screen shot: 2
Video coming soon.
Video coming soon.
June 15, 2015, 05:54:39 PM
Interesting project going on here.
When will the radio show take place?
Would also like to mention that I hear one of the devs on this coin is also a dev involved in a supernet coin.
I'm in.
When will the radio show take place?
Would also like to mention that I hear one of the devs on this coin is also a dev involved in a supernet coin.
I'm in.
June 15, 2015, 04:58:42 PM
Alterna, no masternodes here. The Culling is designed to involve core investors on a much more significant level, and as a core team, not as isolated individuals.
We are working on a live radio show sometime in the next few days, it should be quite an opportunity for people to interact with the devs and explore some of the ideas and technologies we are working with. Thursday Elliassen will be on hand to talk about how he designed the social evolution of the Circuits community. Barakas will be around to talk about how the ideas and internal conversations between the different devs lead to the inception of Circuits. We may have a call in from one or two of the other devs, depending on the voice masking software in use.
We acknowledge that the OP is a bit of a long read, but we hope people take the time to go through it, in order to understand how these moving parts all fit together. We can see already that the quality and depth of the conversation is really taking off, and we look forward to this engagement deepening as we move forward.
Cryptocircuits
No master nodes at all? So just having the coins will get you those levels of stake? Damn.
June 15, 2015, 04:56:21 PM
How do the 3 or so levels of pos work? Are they masternodes that pay out higher % as you go up? Looks like a great idea imo.
I think there are 2 staking levels.
level one get an extra 1% and level 2 gets an extra 3%
I think.
Yeah it says on the op "vDPOS Benefits:
Traders Lounge: This panel unlocks at staked weight of 1% of total coin supply (27,000 Circuits) - These users will benefit from 1% additional stake per block.
Whale Lounge: This panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits) - These users will benefit from 3% additional stake per block."
So for sure there are 2 levels of pos but wasnt sure if the base level had any maybe .5 % or some such but still even having 2 levels of pos on the same coin is something big.
June 15, 2015, 04:56:05 PM
Hi Everyone
A lot of specific questions accumulating here, I will try to address a few.
Freakin, ICO starts 7 am EST 17th of June on CCEX. This date and time chosen according to moon phases in consultation with a reincarnated Mayan priest we met at a party in LA.
Just kidding about the Mayan priest. But that is the correct ICO start time.
Assyrian, the variable DPOS staking will add approximately 680,000 coins to the total supply. This is by design, to motivate staking, network strength, and social engagement in the period leading up to the Culling.
Alterna, no masternodes here. The Culling is designed to involve core investors on a much more significant level, and as a core team, not as isolated individuals.
We are working on a live radio show sometime in the next few days, it should be quite an opportunity for people to interact with the devs and explore some of the ideas and technologies we are working with. Thursday Elliassen will be on hand to talk about how he designed the social evolution of the Circuits community. Barakas will be around to talk about how the ideas and internal conversations between the different devs lead to the inception of Circuits. We may have a call in from one or two of the other devs, depending on the voice masking software in use.
We acknowledge that the OP is a bit of a long read, but we hope people take the time to go through it, in order to understand how these moving parts all fit together. We can see already that the quality and depth of the conversation is really taking off, and we look forward to this engagement deepening as we move forward.
Cryptocircuits
A lot of specific questions accumulating here, I will try to address a few.
Freakin, ICO starts 7 am EST 17th of June on CCEX. This date and time chosen according to moon phases in consultation with a reincarnated Mayan priest we met at a party in LA.
Just kidding about the Mayan priest. But that is the correct ICO start time.
Assyrian, the variable DPOS staking will add approximately 680,000 coins to the total supply. This is by design, to motivate staking, network strength, and social engagement in the period leading up to the Culling.
Alterna, no masternodes here. The Culling is designed to involve core investors on a much more significant level, and as a core team, not as isolated individuals.
We are working on a live radio show sometime in the next few days, it should be quite an opportunity for people to interact with the devs and explore some of the ideas and technologies we are working with. Thursday Elliassen will be on hand to talk about how he designed the social evolution of the Circuits community. Barakas will be around to talk about how the ideas and internal conversations between the different devs lead to the inception of Circuits. We may have a call in from one or two of the other devs, depending on the voice masking software in use.
We acknowledge that the OP is a bit of a long read, but we hope people take the time to go through it, in order to understand how these moving parts all fit together. We can see already that the quality and depth of the conversation is really taking off, and we look forward to this engagement deepening as we move forward.
Cryptocircuits
June 15, 2015, 04:25:06 PM
How do the 3 or so levels of pos work? Are they masternodes that pay out higher % as you go up? Looks like a great idea imo.
I think there are 2 staking levels.
level one get an extra 1% and level 2 gets an extra 3%
I think.
June 15, 2015, 04:21:42 PM
What time is the ICO?
June 15, 2015, 04:15:16 PM
Deadly flaw alert Deadly flaw alert Deadly flaw alert Deadly flaw alert Deadly flaw alert
With the numbers you have set up there can never be mass adoption of this coin.
How can you have mass adoption with a maximum of 150 traders in the traders lounge (150 btc=150 1%er) and 0 whales or a mix of the two but it cant have mass adoption the way you have it set up. Another reason is because what if the price goes to $1 then to access the traders lounge you will need 27000 usd.
Which will never happen.
So dev, what is your answer for this?
Quote
Traders Lounge: This panel unlocks at staked weight of 1% of total coin supply (27,000 Circuits) - These users will benefit from 1% additional stake per block.
Whale Lounge: This panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits) - These users will benefit from 3% additional stake per block.
Whale Lounge: This panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits) - These users will benefit from 3% additional stake per block.
With the numbers you have set up there can never be mass adoption of this coin.
How can you have mass adoption with a maximum of 150 traders in the traders lounge (150 btc=150 1%er) and 0 whales or a mix of the two but it cant have mass adoption the way you have it set up. Another reason is because what if the price goes to $1 then to access the traders lounge you will need 27000 usd.
Which will never happen.So dev, what is your answer for this?
Must be some of this new Common Core math. How will 150 traders each have at least 1% of the coins each? Think hard here freakying99. If you are worried about this being too exclusive, I got news for you, it's worse than your initial calculations revealed.
Did you even read the first few threads? It says if they need to they can update to accommodate larger amounts of people. Also the 150 get 1% of the staking not 1% of the total supply. Seriously did youread it?
NO SHIT! 150 people do not each get 1% of the supply? I was trying to point out to freakying99 that he can't into math. I wasn't criticizing the coin.
don't forget, that DPOS is going to add almost a million coins. right?
June 15, 2015, 02:42:28 PM
Very interesting to watch how there is first some fud, then people getting their panties in a bundle about ICO, then some interest in the gfx, and finally it is dawns on people that there is going to be some serious money made on this coin. Duh.
Personally I am in agreement with previous poster. Someone who knows how markets work has put a lot of thought into the sequence of features outlined in the dev plan.
Texas cage match indeed. Anyone who trades their way as far as "the Culling" is going to be sitting down at the high stakes table.
See you there boys.
Personally I am in agreement with previous poster. Someone who knows how markets work has put a lot of thought into the sequence of features outlined in the dev plan.
Texas cage match indeed. Anyone who trades their way as far as "the Culling" is going to be sitting down at the high stakes table.
See you there boys.
I plan to be around sitting at that table. I love a good game of high stakes crypto! This should be epic.
June 15, 2015, 02:39:31 PM
NO SHIT! 150 people do not each get 1% of the supply? I was trying to point out to freakying99 that he can't into math. I wasn't criticizing the coin.
Sorry my bad. I read it the wrong way. I'll have to pay better attention to how some of these things read.
June 15, 2015, 02:00:15 PM
Very interesting to watch how there is first some fud, then people getting their panties in a bundle about ICO, then some interest in the gfx, and finally it is dawns on people that there is going to be some serious money made on this coin. Duh.
Personally I am in agreement with previous poster. Someone who knows how markets work has put a lot of thought into the sequence of features outlined in the dev plan.
Texas cage match indeed. Anyone who trades their way as far as "the Culling" is going to be sitting down at the high stakes table.
See you there boys.
Personally I am in agreement with previous poster. Someone who knows how markets work has put a lot of thought into the sequence of features outlined in the dev plan.
Texas cage match indeed. Anyone who trades their way as far as "the Culling" is going to be sitting down at the high stakes table.
See you there boys.
June 15, 2015, 01:58:35 PM
Deadly flaw alert Deadly flaw alert Deadly flaw alert Deadly flaw alert Deadly flaw alert
With the numbers you have set up there can never be mass adoption of this coin.
How can you have mass adoption with a maximum of 150 traders in the traders lounge (150 btc=150 1%er) and 0 whales or a mix of the two but it cant have mass adoption the way you have it set up. Another reason is because what if the price goes to $1 then to access the traders lounge you will need 27000 usd. Which will never happen.
So dev, what is your answer for this?
Quote
Traders Lounge: This panel unlocks at staked weight of 1% of total coin supply (27,000 Circuits) - These users will benefit from 1% additional stake per block.
Whale Lounge: This panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits) - These users will benefit from 3% additional stake per block.
Whale Lounge: This panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits) - These users will benefit from 3% additional stake per block.
With the numbers you have set up there can never be mass adoption of this coin.
How can you have mass adoption with a maximum of 150 traders in the traders lounge (150 btc=150 1%er) and 0 whales or a mix of the two but it cant have mass adoption the way you have it set up. Another reason is because what if the price goes to $1 then to access the traders lounge you will need 27000 usd.
Which will never happen.So dev, what is your answer for this?
Must be some of this new Common Core math. How will 150 traders each have at least 1% of the coins each? Think hard here freakying99. If you are worried about this being too exclusive, I got news for you, it's worse than your initial calculations revealed.
Did you even read the first few threads? It says if they need to they can update to accommodate larger amounts of people. Also the 150 get 1% of the staking not 1% of the total supply. Seriously did youread it?
NO SHIT! 150 people do not each get 1% of the supply? I was trying to point out to freakying99 that he can't into math. I wasn't criticizing the coin.
June 15, 2015, 01:56:31 PM
I have a question; I see that you are a Newbie (nothing wrong with that at all, don't get me wrong) and I am always curious about this:
You have developed a new and complicated coin saturated with features and plans for the future and this suggests that you must have some experience in this field. But, you are new to this forum which is a hub for all things alt, so where have you been and why have you just come to this forum. Where have you been active in altcoin scene before you just joined this forum?
This is the case with most new coins it seems, the devs come out of nowhere with what appears to be years of experience but have never been seen before on the biggest forum on the web. Where do they all come from?
I can see one case where this may be true. A member creates a new account to promote a new coins and wants to keep it separate from his "personal" account.
So, CryptoCircuits dev, are you on this Forum under a different name? If so, tell us...
You have developed a new and complicated coin saturated with features and plans for the future and this suggests that you must have some experience in this field. But, you are new to this forum which is a hub for all things alt, so where have you been and why have you just come to this forum. Where have you been active in altcoin scene before you just joined this forum?
This is the case with most new coins it seems, the devs come out of nowhere with what appears to be years of experience but have never been seen before on the biggest forum on the web. Where do they all come from?
I can see one case where this may be true. A member creates a new account to promote a new coins and wants to keep it separate from his "personal" account.
So, CryptoCircuits dev, are you on this Forum under a different name? If so, tell us...
You are correct, all of our team members are experienced devs who are currently leading successful coin projects. It's also true that some members of our other ventures would not agree with us partaking in the Circuits project. Within Crypto, many developers know each other well and sometimes we have new ideas for projects that either doesn't fit, or doesn't get approved of by our established teams. This is an opportunity for us to use pseudonyms and really achieve our dream coin (Circuits). Chances are, if you are close to a dev from a major crypto coin, then you may know who we are (If they choose to tell). For now, the pseudonyms allow us to work comfortably and effectively on Circuits without needing to get anyone elses approval. This is truly the future of crypto and our technology will be used on many coins to come.
Here is the snippet from our ANN explaining this:
About the Developers:
CryptoCircuits is a project bringing together a total of 4 top-tier developers. Each has been given wide latitude to pursue advances in their own creative work that were not possible in their main working environments.
Black - Responsible for inventing and building the advanced variable DPOS (vDPOS 2) staking functions and coding.
Robin - Our block chain specialist, responsible for the rigorous testing of the vDPOS 2 code and the various unlocking functions of the wallet. Robin has been responsible for a half a dozen QT wallets across various coins during the past year.
Thursday - Responsible for the social engineering of the CryptoCircuits community levels and the designed evolution of the community towards the Culling. Architect of the social marketing revenue modules and OAUTH system designs for Phase 2.
Barakus - Responsible for wallet GUI, graphics, user experience, wallet updates, exchange liaison and community leader.
Some of you may already know which devs are involved, as word does travel within crypto. The preference of the devs is to keep their involvement in the CryptoCircuits project low-key out of respect to their own communities.
Anyone done the math yet? how many btc to unlock Trader lounge? Whale lounge? And is this right, the Whales get to escrow trades and run group bots?
Yes, we have the information posted in the top section of our OP. Here is a snippet and thanks for your interest:
vDPOS Benefits:
Traders Lounge: This panel unlocks at staked weight of 1% of total coin supply (27,000 Circuits) - These users will benefit from 1% additional stake per block.
Whale Lounge: This panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits) - These users will benefit from 3% additional stake per block.
- Barakus (CC)
Sweet. A group of established crypto devs, working under pseudonyms, collaborating on a new project. You guys are like the Gorillaz of crypto. You guys need some cartoon avatars on individual twitter accounts or something to use for promotion. The undercover crypto dream team, all with 1 word names that makes them sound like a group of comic book superheroes. Black, Robin, Thursday, and Barakus. Run with that. The marketing writes itself.
Anyway, this does look pretty cool. I think I'm going to join the party, have a good feeling here.
June 15, 2015, 01:46:08 PM
Deadly flaw alert Deadly flaw alert Deadly flaw alert Deadly flaw alert Deadly flaw alert
With the numbers you have set up there can never be mass adoption of this coin.
How can you have mass adoption with a maximum of 150 traders in the traders lounge (150 btc=150 1%er) and 0 whales or a mix of the two but it cant have mass adoption the way you have it set up. Another reason is because what if the price goes to $1 then to access the traders lounge you will need 27000 usd. Which will never happen.
So dev, what is your answer for this?
Quote
Traders Lounge: This panel unlocks at staked weight of 1% of total coin supply (27,000 Circuits) - These users will benefit from 1% additional stake per block.
Whale Lounge: This panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits) - These users will benefit from 3% additional stake per block.
Whale Lounge: This panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits) - These users will benefit from 3% additional stake per block.
With the numbers you have set up there can never be mass adoption of this coin.
How can you have mass adoption with a maximum of 150 traders in the traders lounge (150 btc=150 1%er) and 0 whales or a mix of the two but it cant have mass adoption the way you have it set up. Another reason is because what if the price goes to $1 then to access the traders lounge you will need 27000 usd.
Which will never happen.So dev, what is your answer for this?
Must be some of this new Common Core math. How will 150 traders each have at least 1% of the coins each? Think hard here freakying99. If you are worried about this being too exclusive, I got news for you, it's worse than your initial calculations revealed.
Did you even read the first few threads? It says if they need to they can update to accommodate larger amounts of people. Also the 150 get 1% of the staking not 1% of the total supply. Seriously did youread it?
June 15, 2015, 01:45:58 PM
This will be fun
June 15, 2015, 01:42:58 PM
My twitter feed just blew up with retweets from the devs last tweet.
I got a good feeling here.
Even Ccex retweeted it and I dont see them retweet anyone.
I'll buy some.
I got a good feeling here.
Even Ccex retweeted it and I dont see them retweet anyone.
I'll buy some.
My twitter feed went nuts too. Someone is working hard on this coin. I'm in.
June 15, 2015, 01:42:30 PM
Deadly flaw alert Deadly flaw alert Deadly flaw alert Deadly flaw alert Deadly flaw alert
With the numbers you have set up there can never be mass adoption of this coin.
How can you have mass adoption with a maximum of 150 traders in the traders lounge (150 btc=150 1%er) and 0 whales or a mix of the two but it cant have mass adoption the way you have it set up. Another reason is because what if the price goes to $1 then to access the traders lounge you will need 27000 usd. Which will never happen.
So dev, what is your answer for this?
Quote
Traders Lounge: This panel unlocks at staked weight of 1% of total coin supply (27,000 Circuits) - These users will benefit from 1% additional stake per block.
Whale Lounge: This panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits) - These users will benefit from 3% additional stake per block.
Whale Lounge: This panel unlocks at staking weight of 3% of total coin supply (81,000 Circuits) - These users will benefit from 3% additional stake per block.
With the numbers you have set up there can never be mass adoption of this coin.
How can you have mass adoption with a maximum of 150 traders in the traders lounge (150 btc=150 1%er) and 0 whales or a mix of the two but it cant have mass adoption the way you have it set up. Another reason is because what if the price goes to $1 then to access the traders lounge you will need 27000 usd.
Which will never happen.So dev, what is your answer for this?
Must be some of this new Common Core math. How will 150 traders each have at least 1% of the coins each? Think hard here freakying99. If you are worried about this being too exclusive, I got news for you, it's worse than your initial calculations revealed.
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