Topic: [ANN] MaskCoin and MaskNetwork - page 5. (Read 33388 times)

It's an automated process. The address that make the payments has no private key and the whole distribution is controlled/approved by the network. The developers an not use the 95 mil. coins.

The team owns only 5 million out of 100 mil. So the 5 mil. is the "premine" and the total amount available for sale. The rest of 95 mil will be distributed to stakeholders by interest. We can't use the rest of 95 mil.

Very cool! Many great work and functions!

Okay as I understand it, only 5 Million coins will be available for sale, and the rest. 95 Million, will be used for interest? Or is it that the 5 Million coins are only a pre-sale?

I can use the wallet now.It's very cool! But one problem,I cann't make the wallet full-screen in windows 7. It's inconvenient to use some buttons because some buttons will be hided if the wallet cann't be full-screen.

Another problem is the font is small.

Is this the manual process? Or this will be hardcoded to the wallet and devs will not be able to manipulate distribution after the launch?

1. 3 billions devices run java, from ATMs to routers. I really don't understand what's wrong with java. Right now, java is the best SDK to write a p2p network.

2. "The source" has around 85.000 lines of code. If a programmer will start to "check the source" today and spends around 4-5 hours / day, he will be able to give you an accurate answer to the question "is secure ?" in November or December. This is not a bitcoin fork.

It's solved now. Please uninstall and download the new installer. 

That's what I was thinking as well. 

Anybody? 

Ill try it.

This is 100% java based?

Oh boy, not again^^

Anyone checked the souce, is it safe to DL?

I have installed the POC wallet for windows. But when I start the wallet,it shows the error:

An error has occurred during startup:

java.lang.NullPointerException
   at kernel.CDB.execute(CDB.java:68)
   at kernel.CBootstrap.tableExist(CBootstrap.java:641)
   at kernel.CBootstrap.checkTables(CBootstrap.java:665)
   at kernel.CBootstrap.(CBootstrap.java:15)
   at kernel.main.main(main.java:121)
   at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
   at sun.reflect.NativeMethodAccessorImpl.invoke(Unknown Source)
   at sun.reflect.DelegatingMethodAccessorImpl.invoke(Unknown Source)
   at java.lang.reflect.Method.invoke(Unknown Source)
   at com.exe4j.runtime.LauncherEngine.launch(Unknown Source)
   at com.exe4j.runtime.WinLauncher.main(Unknown Source)
   at com.install4j.runtime.launcher.WinLauncher.main(Unknown Source)

What's wrong?

You can download Proof of Concept wallet from www.masknetwork.com

So the Proof of Concept client will be available on August,10?  It's great!

Don't you think that the very first client clone will be "No Ads" client?

Especially if there is no censorship and there will be penis enlargement ads all over every wallet (sex-related ads tend to be more profitable, or so it seems from spam and web ads).

How would you counter this?

This is a misunderstanding. I have mentioned before that, what you see on the right side of the wallet, it's the p2p distributed ad system that have nothing to do with web ads. I will give you an example :

1. Click "Advertise here" button. The following dialog will popup.

2. Complete the form and click submit. You have to choose how many hours your ad will be displayed and how much per hour you are willing to spend. The ad contains a title, a message and a link.

3. A packet is broadcasted to all nodes. The packet contains a payment to the default address and the advertising data.

4. The packet is included in the next block and all nodes update their local database.

5. All wallets will start to display your ad if they are targeted (based on country). But they DON'T DOWNLOAD the ad from an external source. The wallets are READING THE LOCAL DATABASE !!! Tracing wallets is out of the question, because wallets don't "connect" to an external service to get the ads list. They are browsing a local file. No javascript, no applets or other tracing scripts.

The good news is that even if there is no connection between the wallet and other external website, advertisers can still TARGET who will watch the ad, based on country.

You can target only users from Poland, but you will NEVER know what wallets are located in Poland. The wallet comes integrated with GeoIP. The wallet know it's own address (the peers will communicate your IP address when a connection is made). Based on IP, the wallet will find the country where it's located (it will browse the LOCAL GeoIP database) and will display the right ads / market section.

As an advertiser, you can be 100% sure that only wallets in Poland will display your ad, but in the same time you have ZERO data regarding the wallets that display the ad.

The same rules apply for the market. The wallet will browse the local database when displaying items, meaning there is ZERO connection between sellers and buyers. When you browse a "hidden" TOR website, you are still connecting to a remote server. When you browse MaskCoin market, you are browsing YOUR LOCAL COMPUTER !!! Seller don't need a website.

Only the first 25 ads are displayed, based on market bid.

haha yes, if ads can reach you, you are being tracked 100% of the time. Awesome currency.

Who doesn't love a language that has been responsible for countless infections and/or creepy tracking?
NaN === NaN => false ftw

It wasn't lauched. The EXCHANGE was launched.

August, 5 2014 - MaskExchange.com is launched
August, 10 2014 - Proof of Concept client can be downloaded
Septmeber, 10 2014 - TesteNet will be launched. The network will include some basic features (really advanced features compared to other coins)
January, 2015 - the realnet will be live

If you want to TRADE real MSK you can do it over maskexchange.com.

if you hold the coins until January, 2015, you will be able to withdraw the real MSK coins to your wallet. If not, you can liquidate your MSK positions at market price, anytime. We process withdrawals every day.

Exactly. Price increases 0.0001 after EACH bought coin. It decreases after each sold coin. If you want to buy 1.000.000 coin, you are not going to pay $1.000.000. You are going to pay much more.