I no longer work at Kraft, this was 10 years ago...
The address for my linkdin is [email protected] to which I do not know the password.
Topic: [ANN] Levelcoin - Proof of Stake / Proof of Burn Hybrid - Inflation Immune - page 23. (Read 44839 times)
January 21, 2014, 10:58:33 PM
January 21, 2014, 10:53:24 PM
As an alternative, you can also give us your work email and we can send a message and you reply to confirm. If you'd like just let one person do it and they can post a screenshot of your reply. I am sure Krafts gave you your own email address like "[email protected]"
January 21, 2014, 10:46:09 PM
No worries. What is your email address you put for LinkedIn. Since it is old and you do not use it anymore, can you post it here or PM me it?
January 21, 2014, 10:42:16 PM
He can just reset password. If he doesnt want to put that, he can put acronyms or some other random things to prove he is who he says he is. I am very cautious since being scammed.
This might sound dumb, but it's the truth. I do not remember the password. I have requested a password change which goes to an old e-mail address for which I also do not remember the password. I have then requested a password change for the e-mail but it is now asking me a security question: Who was your childhood hero? I tried putting the one that I think I remember being the answer to the question but after several attempts I was locked out. Sorry! This account is over 5 years old. There is a reason why I did not include this profile in the original post and I did not expect people to find it.
January 21, 2014, 10:41:35 PM
Level Coin, since responding to single invites will only prove your identity to those who invite you , could you please add some info about Levelcoin on LinkedIn?
I wouldn't do that if I were you lol, I've seen people lose jobs or opportunities for putting less "shady" offerings over the internet.
So did he respond to invites?
Not yet. He did say he hasn't used it in years though.
md5("levelcoin") = ba246fc2e2c60d923b44ace64ce69f9f
how about "ba24" somewhere in there. this should be ok.
January 21, 2014, 10:35:27 PM
He can just reset password. If he doesnt want to put that, he can put acronyms or some other random things to prove he is who he says he is. I am very cautious since being scammed.
January 21, 2014, 10:33:11 PM
Level Coin, since responding to single invites will only prove your identity to those who invite you , could you please add some info about Levelcoin on LinkedIn?
I wouldn't do that if I were you lol, I've seen people lose jobs or opportunities for putting less "shady" offerings over the internet.
So did he respond to invites?
Not yet. He did say he hasn't used it in years though.
January 21, 2014, 10:28:13 PM
So did he respond to invites?
January 21, 2014, 10:27:05 PM
I forgot to ask. How will the reward mechanism affect the maximum number of coins?
Will they count towards the coin cap? will it be a soft cap?
Will they count towards the coin cap? will it be a soft cap?
Something tells me you didn't read the whole thread lol
Yes that is my Linkdin. It is a bit outdated I might add, have not used it in years.
Thanks. I'll send a linkedin invite to verify, then I'm in. High risk at this point, but with a huge upside. How much are you looking for in total funding, and what is the minimum you need to see the project through?
Let me know if he responds to your invite.
Ditto, I sent you an invite too
Level Coin, since responding to single invites will only prove your identity to those who invite you , could you please add some info about Levelcoin on LinkedIn?
January 21, 2014, 10:18:05 PM
I forgot to ask. How will the reward mechanism affect the maximum number of coins?
Will they count towards the coin cap? will it be a soft cap?
Will they count towards the coin cap? will it be a soft cap?
Something tells me you didn't read the whole thread lol
This is Proof of burn, the initial coins will be decided upon by how many btc are burnt.
Those coins will then generate new coins. The question is what is the cap on the new coins that are generated.
This is not addressed in the OP.
Since when is BTC getting burnt? You just proved that you didn't read the thread. He stated twice in this thread that there is no cap.
Pretty sure I read it and you did not.
You are correct. Level 1 coins make up the part that will be burned. There is no cap on coin generation, but there will be diminishing returns on the generation brought by older coins until eventually they generate nothing.
January 21, 2014, 10:14:56 PM
I forgot to ask. How will the reward mechanism affect the maximum number of coins?
Will they count towards the coin cap? will it be a soft cap?
Will they count towards the coin cap? will it be a soft cap?
Something tells me you didn't read the whole thread lol
This is Proof of burn, the initial coins will be decided upon by how many btc are burnt.
Those coins will then generate new coins. The question is what is the cap on the new coins that are generated.
This is not addressed in the OP.
Since when is BTC getting burnt? You just proved that you didn't read the thread. He stated twice in this thread that there is no cap.
Pretty sure I read it and you did not.
It seems to me that people are afraid of something different. They want coin caps, linear inflation, and other crap that they're used to so that they can feel comfortable.
January 21, 2014, 10:13:53 PM
And, sorry to quadruple post but how much btc were you looking for with the kickstarter and will you bypass that entirely if you receive enough btc from this thread/escrow?
There are plenty of third-party escrow service companies we could use.
There are plenty of third-party escrow service companies we could use.
Putting a cap on the BTC received would effectively put a cap on the amount of Level 1 that gets disseminated on launch, and I do not want that, so there is no cap.
The deadline is time based. Currently I will cut direct funding on the 31st of this month. At that point depending on the amount of backers, I will launch the coin.
January 21, 2014, 10:11:57 PM
I forgot to ask. How will the reward mechanism affect the maximum number of coins?
Will they count towards the coin cap? will it be a soft cap?
Will they count towards the coin cap? will it be a soft cap?
Something tells me you didn't read the whole thread lol
This is Proof of burn, the initial coins will be decided upon by how many btc are burnt.
Those coins will then generate new coins. The question is what is the cap on the new coins that are generated.
This is not addressed in the OP.
January 21, 2014, 10:09:34 PM
And, sorry to quadruple post but how much btc were you looking for with the kickstarter and will you bypass that entirely if you receive enough btc from this thread/escrow?
There are plenty of third-party escrow service companies we could use.
There are plenty of third-party escrow service companies we could use.
January 21, 2014, 10:08:58 PM
I forgot to ask. How will the reward mechanism affect the maximum number of coins?
Will they count towards the coin cap? will it be a soft cap?
Will they count towards the coin cap? will it be a soft cap?
Something tells me you didn't read the whole thread lol
Yes that is my Linkdin. It is a bit outdated I might add, have not used it in years.
Thanks. I'll send a linkedin invite to verify, then I'm in. High risk at this point, but with a huge upside. How much are you looking for in total funding, and what is the minimum you need to see the project through?
Let me know if he responds to your invite.
Ditto, I sent you an invite too
January 21, 2014, 10:08:21 PM
Yes that is my Linkdin. It is a bit outdated I might add, have not used it in years.
Thanks. I'll send a linkedin invite to verify, then I'm in. High risk at this point, but with a huge upside. How much are you looking for in total funding, and what is the minimum you need to see the project through?
Let me know if he responds to your invite.
January 21, 2014, 10:07:50 PM
I forgot to ask. How will the reward mechanism affect the maximum number of coins?
Will they count towards the coin cap? will it be a soft cap?
Will they count towards the coin cap? will it be a soft cap?
January 21, 2014, 10:07:23 PM
Wow, no need to get so defensive, I'm raising my concerns. As the developer you are investing a lot of your time and energy into this and so your mindset/viewpoint may be different than others.
Even at 5x the generation of lvl 1 coins, it will take several years just to break even, correct? I'm not talking about the value of the coin itself accruing interest. I was merely talking about the merit of burning lvl 1 coins.
Making a statement like "this coin isn't for you, it's only for loyalists" seems like an elitist and if you don't mind me saying (and I somehow think you will) asshole-ish thing to say. The fact of the matter is you need everyone to embrace your coin, not just a select few "Diehards".
Maybe someone else could add their input on this.
Even at 5x the generation of lvl 1 coins, it will take several years just to break even, correct? I'm not talking about the value of the coin itself accruing interest. I was merely talking about the merit of burning lvl 1 coins.
Making a statement like "this coin isn't for you, it's only for loyalists" seems like an elitist and if you don't mind me saying (and I somehow think you will) asshole-ish thing to say. The fact of the matter is you need everyone to embrace your coin, not just a select few "Diehards".
Maybe someone else could add their input on this.
It will take 2 years to break even, this is assuming the value of the level 1 coin stays the same. We know this will not be the case. It is likely that someone burning a coin will see an ROI in a shorter period of time.
By holding level 1 coins instead of burning, you will be creating inflation which would then devalue your coin. You are thinking too much in one extreme or the next. Suppose you had 100,000 level 1 coins. Instead of either holding the entire amount or burning them all, the smartest thing to do would be to burn 25% of them. By doing so you deflated the level 1 coin economy and increased their value, you can then sell for a profit that will mitigate a portion of the burn cost.
I will burn my coins so everyone prospers?
Interesting concept...
What people do with the coin is up to them, all I can do is code as many loopholes closed as possible. If a flaw arises post launch. I will fix it. Unfortunately I don't have a crystal ball to tell me what the market will do once they get their hands on the coin.
January 21, 2014, 10:05:02 PM
Wow, no need to get so defensive, I'm raising my concerns. As the developer you are investing a lot of your time and energy into this and so your mindset/viewpoint may be different than others.
Even at 5x the generation of lvl 1 coins, it will take several years just to break even, correct? I'm not talking about the value of the coin itself accruing interest. I was merely talking about the merit of burning lvl 1 coins.
Making a statement like "this coin isn't for you, it's only for loyalists" seems like an elitist and if you don't mind me saying (and I somehow think you will) asshole-ish thing to say. The fact of the matter is you need everyone to embrace your coin, not just a select few "Diehards".
Maybe someone else could add their input on this.
Even at 5x the generation of lvl 1 coins, it will take several years just to break even, correct? I'm not talking about the value of the coin itself accruing interest. I was merely talking about the merit of burning lvl 1 coins.
Making a statement like "this coin isn't for you, it's only for loyalists" seems like an elitist and if you don't mind me saying (and I somehow think you will) asshole-ish thing to say. The fact of the matter is you need everyone to embrace your coin, not just a select few "Diehards".
Maybe someone else could add their input on this.
It will take 2 years to break even, this is assuming the value of the level 1 coin stays the same. We know this will not be the case. It is likely that someone burning a coin will see an ROI in a shorter period of time.
By holding level 1 coins instead of burning, you will be creating inflation which would then devalue your coin. You are thinking too much in one extreme or the next. Suppose you had 100,000 level 1 coins. Instead of either holding the entire amount or burning them all, the smartest thing to do would be to burn 25% of them. By doing so you deflated the level 1 coin economy and increased their value, you can then sell for a profit that will mitigate a portion of the burn cost.
I will burn my coins so everyone prospers?
Interesting concept...
January 21, 2014, 10:03:22 PM
Yes that is my Linkdin. It is a bit outdated I might add, have not used it in years.
Thanks. I'll send a linkedin invite to verify, then I'm in. High risk at this point, but with a huge upside. How much are you looking for in total funding, and what is the minimum you need to see the project through?
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