Is that resolved for MAC? 
Topic: [ANN] [ETC] Ethercoin | Redeemable 1:1 for ethers | Official Thread - page 15. (Read 60916 times)
September 29, 2014, 01:52:25 PM
Hmm.. why was my post with the Mac wallet error deleted? Is that resolved for MAC?
Is that resolved for MAC? 
September 28, 2014, 07:42:46 PM
We are giving away 25 ETC to the first 40 people to PM us with an Ethercoin address. Your account should have a minimum of 25 posts to qualify.
where can we download the wallet
Check OP for the download link of the wallet.
By the way I just received my coins, thanks ETC dev.
September 28, 2014, 03:37:33 PM
We are giving away 25 ETC to the first 40 people to PM us with an Ethercoin address. Your account should have a minimum of 25 posts to qualify.
where can we download the wallet
September 28, 2014, 05:23:06 AM
If you aren't comfortable with this, then you wouldn't want to purchase Ethercoins.
No. Not really... sorry - you will have to provide better Escrow "insurance"...
We already have purchasers who are comfortable with the fact that we are incentivized to redeem and not disappear.
However, If you would like to make a purchase we can use a trusted 3rd party Escrow such as John K. He will hold the BTC and will only send to us when we redeem you coins. You would be responsible to pay all escrow fees.
PM us if interested.
September 28, 2014, 04:49:30 AM
Ok.
However, you haven't answered the question about the Escrow - who holds the Ethers, or the Ethereum json wallets provided at time of purchase, that are being put in collateral for each Ethercoin?
However, you haven't answered the question about the Escrow - who holds the Ethers, or the Ethereum json wallets provided at time of purchase, that are being put in collateral for each Ethercoin?
Right. We hold the Ethers and wallets and private keys that were used to purchase the Ethers. We can prove this is true because of the way the Ethereum sale worked. The private keys of the intermediate bitcoin address that was used to purcahse the ethers, are the same private keys used to generate the ethereum addresses.
By signing the messages with the private keys of the intermediate bitcoin address that was used to purchase the ethers, we are proving that we owned the bitcoins that were used to purchase the etheres, and therefore, we have access to those ethers because the ether addresses are generated from the same private keys.
Hope that clears things up
It does.
However, if I understand correctly, they are not held in "trust". ie: you have not given control of the Ethereum to a third-party. Investors in Ethercoins have to ensure themselves that you will not run away with both the Ethers and the Ethercoins... You have to find a way to re-assure investors in Ethercoins that the collateral coins (the Ethers) are held in a place that you can't access.... which I find difficult, given the fact you have a copy of the wallets and the password for them, and there is no way (at the moment - until the Ethereum network is up and running) to transfer the Ethers to an Escrow address.
Ah yes. We already addressed this in our FAQ:
Q: How do I know you'll actually redeem my coins?
A: We are large ether holders (aside from what we are offering for ethercoin) and want to help stabilize the ether market and provide price discovery for the benefit of all ether holders. We are strong believers in the Ethereum vision and hope to see it succeed. Failing to redeem would not be in our interest as it would hurt the ethereum economy which we are heavily invested in.
If you aren't comfortable with this, then we can arrange an ESCROW service to do the transaction.
September 28, 2014, 04:19:01 AM
Ok.
However, you haven't answered the question about the Escrow - who holds the Ethers, or the Ethereum json wallets provided at time of purchase, that are being put in collateral for each Ethercoin?
However, you haven't answered the question about the Escrow - who holds the Ethers, or the Ethereum json wallets provided at time of purchase, that are being put in collateral for each Ethercoin?
Right. We hold the Ethers and wallets and private keys that were used to purchase the Ethers. We can prove this is true because of the way the Ethereum sale worked. The private keys of the intermediate bitcoin address that was used to purcahse the ethers, are the same private keys used to generate the ethereum addresses.
By signing the messages with the private keys of the intermediate bitcoin address that was used to purchase the ethers, we are proving that we owned the bitcoins that were used to purchase the etheres, and therefore, we have access to those ethers because the ether addresses are generated from the same private keys.
Hope that clears things up
September 28, 2014, 03:42:16 AM
All good questions.
You know they are ours because we have signed a message with the private keys that purchased the ether.
Our logo is slightly different then the Official Ethereum logo, but if there is a problem we'd be happy to change it. As it stands now its for informational purposes only, and the Ethereum team may actually like the fact that a second market has opened for ethers, to improve stability and price discovery.
As for 'will we be around in 6 months'? Yes. We will.
We are large holders and want to do all we can to grow the Ethereum community and ecosystem. If we disappeared it would mean that all our buyers wouldn't be part of the community that we are invested in and incentivized to grow. We'd be hurting ourselves and our other ether holdings which are much larger then what we have for sale right now.
You know they are ours because we have signed a message with the private keys that purchased the ether.
Our logo is slightly different then the Official Ethereum logo, but if there is a problem we'd be happy to change it. As it stands now its for informational purposes only, and the Ethereum team may actually like the fact that a second market has opened for ethers, to improve stability and price discovery.
As for 'will we be around in 6 months'? Yes. We will.
We are large holders and want to do all we can to grow the Ethereum community and ecosystem. If we disappeared it would mean that all our buyers wouldn't be part of the community that we are invested in and incentivized to grow. We'd be hurting ourselves and our other ether holdings which are much larger then what we have for sale right now.
September 27, 2014, 06:39:26 PM
Ok, wallet works fine.
I hope to get 25 ETC.
I hope to get 25 ETC.
September 26, 2014, 07:38:18 PM
I received my Ethercoin from the giveaway, thank you very much!
I'm a big supporter of the Ethereum project itself, so I'll definitely be keeping an eye on this coin. Best of luck with your launch!
I'm a big supporter of the Ethereum project itself, so I'll definitely be keeping an eye on this coin. Best of luck with your launch!
September 26, 2014, 01:41:10 PM
I have send you a pm now. Thanks
P.s- can't seem to get the Mac version working so i have used the Windows wallet.
P.s- can't seem to get the Mac version working so i have used the Windows wallet.
The Mac client works on all of our test systems. What version of OSX are you running? What problem is it? please PM us.
PS. Your coins were sent.
September 26, 2014, 07:13:39 AM
What is algo?
September 26, 2014, 07:12:21 AM
I have send you a pm now. Thanks
P.s- can't seem to get the Mac version working so i have used the Windows wallet.
P.s- can't seem to get the Mac version working so i have used the Windows wallet.
September 26, 2014, 05:40:42 AM
Good idea - love it!
Moment you will had Ethercoin to one of the biggest exchange (Bittrex, Poloniex or Mintpal) i will invest some BTC.
Moment you will had Ethercoin to one of the biggest exchange (Bittrex, Poloniex or Mintpal) i will invest some BTC.
Meanwhile, I offer escrow service.
PM me if interested.
September 26, 2014, 05:08:00 AM
Good idea - love it!
Moment you will had Ethercoin to one of the biggest exchange (Bittrex, Poloniex or Mintpal) i will invest some BTC.
Moment you will had Ethercoin to one of the biggest exchange (Bittrex, Poloniex or Mintpal) i will invest some BTC.
September 26, 2014, 04:55:11 AM
The point of Ethercoin is to allow people who missed the Ethereum sale to buy ethers.
(By the way, Ethereum technically did not have an IPO, it did a product sale.)
(By the way, Ethereum technically did not have an IPO, it did a product sale.)
It's just a marketing buzzword semantic difference, really, but you didn't answer my question fully.
September 26, 2014, 04:53:00 AM
The point of Ethercoin is to allow people who missed the Ethereum sale to buy ethers.
(By the way, Ethereum technically did not have an IPO, it did a product sale.)
(By the way, Ethereum technically did not have an IPO, it did a product sale.)
September 26, 2014, 03:52:22 AM
Is this some kind of elaborate method to offload existing shares of the Ethereum IPO at above sale price?
What's the point of this otherwise?
What's the point of this otherwise?
September 26, 2014, 03:39:38 AM
We are giving away 25 ETC to the first 40 people to PM us with an Ethercoin address. Your account should have a minimum of 25 posts to qualify.
September 26, 2014, 02:25:26 AM
good luck with your coin 
September 26, 2014, 02:05:12 AM
Give me a reason to choose this 
We think that Ethereum is going to be an amazing technology. If you missed the Ethereum sale and still want to buy ethers, this is how you can do it.
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