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Topic: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official - page 97. (Read 196221 times)

full member
Activity: 154
Merit: 250
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@sandrine
Will there be a qt like wallet for pc/laptop?
Thanks.
sr. member
Activity: 463
Merit: 250
It would nice for a change that instead of announcing lies and betrayal you would ask questions and for clarifications, which we are glad to give (on the NeuCoin forum more than here, as we do not spend too much time on Bitcointalk given the nice atmosphere of honest respect).

...do you even believe your own words?  Huh This sould not have escalated this far since you're so glad to answer questions and give clarifications, investors and crypto-enthusiasts are at fault obviously.
newbie
Activity: 37
Merit: 0
So I see if someone has to cancel growth account, he will lose all the interest. Can't it be such that he gets partial interest based on the time the account was running? Can't he get some kind of pro-rated interest?

Hi hoian0809! Yes I think you sent the same feedback either through the forum or via email yesterday. It's an ongoing discussion at NeuCoin and is an interesting point. We would like to incentivize people to earn their full rewards, which is why we chose this option for now.
What do you think?
newbie
Activity: 37
Merit: 0
Nocoin lies of the day:

Quote
"Meaning that it is as easy to use as Coinbase, but without actually holding users’ coins (ie, without having access to users’ private keys) like Blockchain.info. This is a first for an online wallet in the crypto-space, let alone any altcoin."
Quote
"This will be the first time in the crypto-space that regular consumers get to participate in mining"
Source: http://forum.neucoin.org/t/neucoin-beta-with-test-coins-now-open-to-all-presale-buyers/1414

Neucoin: No innovation just lies.

How can an online wallet NOT store the keys? Or did you mean some sort of block explorer? Then again i'm not a very versed person as far as blockchain tech is concerned, but regarding the second sentence i suppose that my 2 GridSeeds that pull a whooping 750kH/s (about your average gamer's GFX card scrypt hashing power) don't allow me to participate in mining. Or, wait...!! I forgot that i'm not a regular consumer, i actually run an industrial mining farm with said equipment. I also run a PoS coin full node with an average of 40 active connections, and i stake once or twice a day (which thing is possible because the userbase is SMALL; with a userbase bigger than 60x24x365 (about half a million - negligible) i would be lucky if i staked ONCE per YEAR). But then again, a staking pool doesn't need the user's keys or coins... what for?

EDIT: I can see a "staking pool" working with just a regular account and a public key holding the coins, but that would be based ultimatelñy on trust - i.e. the user has your word that they will get paid for having coins. But what about change addresses? What would happen when a fraction of the coins are spent? How would the "mining fee" be collected? If you can really pull this off i'll be a bit impressed tbh, but it will still be completely centralised.

EDIT2: I know that the "Growth Account" would require you to actually store the coins in their wallet, but i assumed that this should have been a deal breaker in the first place. There's no decentralised network unless you run your own node, and with an initial userbase of 1MM average time between rewards is roughly 2 years. THAT was the technical innovation i was looking for (keeping 60 seconds block time BUT achieving a workable reward system). But then again YMMV.

A quick answer on this:

a. What it means that we do not hold the private keys of the user is that we do not have CUSTODY of the private keys - when they're held in the regular wallet. I can break it down even more: it means that we cannot in any way have access to the funds held by people who have accounts at MyNeuCoin.
This is exactly what Blockchain.info does with their wallet, in contrast to what Coinbase does: Coinbase has total custody of their customers' funds (when they're held in the regular wallets, it's a different story for their Vault feature), which means that in case of fraud or issue, they can "grab" the funds of the fraudulent user.
We chose the option of not having any control on the funds of our users, it's very important aspect of the wallet.

b. For mining it is a different story - meaning Growth Accounts. Indeed the Utility Foundation needs the coins to be able to stake them.

There are TWO accounts at MyNeuCoin: the regular wallet, describe above, there we do not have custody of the private keys, and the growth accounts, through which the Utility Foundation has access to the coins to be able to stake them.

It would nice for a change that instead of announcing lies and betrayal you would ask questions and for clarifications, which we are glad to give (on the NeuCoin forum more than here, as we do not spend too much time on Bitcointalk given the nice atmosphere of honest respect).
legendary
Activity: 1020
Merit: 1000
So I see if someone has to cancel growth account, he will lose all the interest. Can't it be such that he gets partial interest based on the time the account was running? Can't he get some kind of pro-rated interest?
hero member
Activity: 630
Merit: 500
trolls

This whole NoKoin project more and more reminds me of Garza GAW Paycoin...

While claiming to bring innovation to the crypto-currency world GAW has yet to live up to the lofty expectations it has evoked among its supporters and does not adequately respond to criticism. The company and its CEO have repeatedly over-promised and under-delivered, and even attempted to scrub their past as evidenced by modified and deleted posts on their own forum, hashtalk.org. At the same time many who attempt to question and criticize – including some of their own customers – have been labeled as “trolls”. This creates a polarizing “GAW versus the World” atmosphere and raises suspicions that investments of GAW’s customers might be at risk.
legendary
Activity: 1181
Merit: 1002
^

speaking of trolls, Sandrine how great to see you here

Care to defend/argue:

Nocoin lies of the day:

Quote
"Meaning that it is as easy to use as Coinbase, but without actually holding users’ coins (ie, without having access to users’ private keys) like Blockchain.info. This is a first for an online wallet in the crypto-space, let alone any altcoin."
Quote
"This will be the first time in the crypto-space that regular consumers get to participate in mining"
Source: http://forum.neucoin.org/t/neucoin-beta-with-test-coins-now-open-to-all-presale-buyers/1414

Neucoin: No innovation just lies.


Or did you just push your marketing message again and left right away?
newbie
Activity: 37
Merit: 0
As readers of this thread have seen, the NeuCoin Project has been ignoring the handful of trolls who have spent the time building these last 30 pages of nonsense.

Back in the real world, yesterday the NeuCoin beta was opened up to presale buyers. For readers here who are actually interested in learning about NeuCoin’s developments, below is a copy of the announcement we made on our forum (http://forum.neucoin.org/).

NeuCoin Beta - with test coins - now open to all presale buyers
 
Hi everyone!

Over the month of August, the NeuCoin beta using test coins has been gradually opened up to strategic angel investors and other key stakeholders. As of today, all presale buyers were invited to join. Within the next week, all beta participants will be given invite links so that they can invite more people.

Here are some of the key components of the beta:

  • MyNeuCoin, our online wallet, was designed to be a “Coinbase meets Blockchain.info” wallet: meaning that it is as easy to use as Coinbase, but without actually holding users’ coins (ie, without having access to users’ private keys) like Blockchain.info. This is a first for an online wallet in the crypto-space, let alone any altcoin. Mainstream consumers will be able to manage their NeuCoins with just an email and password to access a super easy, intuitive interface. It will *feel* like they have an “account” with a service that holds and transacts their NeuCoins for them. In fact, MyNeuCoin has no access to users’ NeuCoins. All the information that MyNeuCoin presents to the users about their balances and transactions is derived from monitoring the NeuCoin blockchain.
  • “Growth Accounts” on MyNeuCoin let users transfer their NeuCoins into long-term accounts (3 months, 1 year, or 5 years) and earn very large NeuCoin rewards on their deposits. What’s happening behind the scenes (though mainstream consumers wouldn’t need to know or care) is that they are contributing NeuCoins to a Proof-of-Stake mining pool, and keeping most of the rewards. This will be the first time in the crypto-space that regular consumers get to participate in mining. We think it will help convert casual NeuCoin users into long-term members of the NeuCoin community. Note that during the beta, the Growth Account time periods will be much shorter than they will be in the real service, a change made so that beta testers can try out the user experience.
  • The NeuCoin source code will be published and client downloads will be released within the next week. With these resources made public, NeuCoin will be able to begin technical integration discussions with various exchanges. We are also looking forward to hearing feedback from NeuCoin watchers with the technical skills to evaluate our source code in conjunction with our White Paper - http://www.neucoin.org/en/whitepaper/.

We are happy about the progress made during the beta and excited to be opening it up to more people. We also want to thank our community for their patience. We recognize that we have been light in our communications for the past four months while we focused on development and testing. Now that the beta is open to all presale buyers, and soon their invitees, we’re looking forward to engaging in productive discussions here on the forum. There will also be more announcements from the NeuCoin team as we head towards final release of NeuCoin.

Here’s some more info on what is coming…

1. Next up… launch of NeuCoin!
Upon launch, all presale buyers will be awarded their NeuCoins, which they can either manage through MyNeuCoin or by downloading their private keys. All free NeuCoins earned by taking surveys and giving feedback will be awarded within one month of the launch date and be subject to user verification. Because all NeuCoins owned by angel investors and founders have sale restrictions, they will be released to their owners slowly over time (e.g. 2% of holdings will be released at the end of each month for the year following launch).

2. Game-like faucet and quiz - GetNeuCoin
To be released in the first weeks after launch, GetNeuCoin.com will be the first of many game-like onboarding websites that lets mainstream users earn a few free NeuCoin in a fun and educational way. Tied to referral programs and marketed to regular users outside the crypto-sphere, GetNeuCoin will put a small amount of NeuCoin in the hands of a very large group of people - while qualifying them in the process.

3. Exchanges
During the beta, NeuCoin will be able to share its source code and client downloads with various exchanges to allow them to prepare for listing NeuCoin. Our goal is to be listed on at least 2 to 3 exchanges within one month of launch and many more over the coming year.

4. Microtransaction solutions for games, tipping and premium content
Following launch, NeuCoin will roll out solutions for easy microtransactions (1 cent to 1 dollar) in applications like games, tipping and access to premium content - with user acquisition fueled by freemium distribution of NeuCoin.

NeuCoin has decided to make online/mobile games its top priority, with releases starting in the first months after launch. As a first step, NeuCoin is already developing two prototype online/mobile games based on popular, generic games (more details coming soon) that will demonstrate how NeuCoin can be incorporated into game experiences - giving out free NeuCoins as a reward for playing, winning, leveling up, etc. Having a meaningful user base of NeuCoin-holding players will be an important leverage point as we work with leading game publishers with large existing user bases to integrate NeuCoin.

In addition to the gaming vertical, NeuCoin will also be rolling out solutions for tipping and ad-free premium content (pay-per-view, ad-free and micro-subscriptions) in the months following launch. Much more information on NeuCoin’s microtransaction strategy and plans can be found on our Strategic Plan at http://www.neucoin.org/en/wiki/.

Thank you all for your help and support of the NeuCoin Project!
sr. member
Activity: 463
Merit: 250
Nocoin lies of the day:

Quote
"Meaning that it is as easy to use as Coinbase, but without actually holding users’ coins (ie, without having access to users’ private keys) like Blockchain.info. This is a first for an online wallet in the crypto-space, let alone any altcoin."
Quote
"This will be the first time in the crypto-space that regular consumers get to participate in mining"
Source: http://forum.neucoin.org/t/neucoin-beta-with-test-coins-now-open-to-all-presale-buyers/1414

Neucoin: No innovation just lies.

How can an online wallet NOT store the keys? Or did you mean some sort of block explorer? Then again i'm not a very versed person as far as blockchain tech is concerned, but regarding the second sentence i suppose that my 2 GridSeeds that pull a whooping 750kH/s (about your average gamer's GFX card scrypt hashing power) don't allow me to participate in mining. Or, wait...!! I forgot that i'm not a regular consumer, i actually run an industrial mining farm with said equipment. I also run a PoS coin full node with an average of 40 active connections, and i stake once or twice a day (which thing is possible because the userbase is SMALL; with a userbase bigger than 60x24x365 (about half a million - negligible) i would be lucky if i staked ONCE per YEAR). But then again, a staking pool doesn't need the user's keys or coins... what for?

EDIT: I can see a "staking pool" working with just a regular account and a public key holding the coins, but that would be based ultimatelñy on trust - i.e. the user has your word that they will get paid for having coins. But what about change addresses? What would happen when a fraction of the coins are spent? How would the "mining fee" be collected? If you can really pull this off i'll be a bit impressed tbh, but it will still be completely centralised.

EDIT2: I know that the "Growth Account" would require you to actually store the coins in their wallet, but i assumed that this should have been a deal breaker in the first place. There's no decentralised network unless you run your own node, and with an initial userbase of 1MM average time between rewards is roughly 2 years. THAT was the technical innovation i was looking for (keeping 60 seconds block time BUT achieving a workable reward system). But then again YMMV.
legendary
Activity: 1181
Merit: 1002
Nocoin lies of the day:

Quote
"Meaning that it is as easy to use as Coinbase, but without actually holding users’ coins (ie, without having access to users’ private keys) like Blockchain.info. This is a first for an online wallet in the crypto-space, let alone any altcoin."
Quote
"This will be the first time in the crypto-space that regular consumers get to participate in mining"
Source: http://forum.neucoin.org/t/neucoin-beta-with-test-coins-now-open-to-all-presale-buyers/1414

Neucoin: No innovation just lies.
legendary
Activity: 2338
Merit: 1124
If someone's interested in the corporate documents regarding Althouse: You can download some of them here:

http://btc-dd.com/openreports.html
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
LMAO  Cheesy. Satoshi quote great touch.
full member
Activity: 210
Merit: 100
BTC > etc


Premieres Spring June July August 6 August 31 September 30
hero member
Activity: 812
Merit: 1001
http://forum.neucoin.org/t/beta-testing-suggestions-ideas/1393/2

Sigh... I gave it my all.. this is my last post... I'm moving on now...

Good luck M3ndi3


(M3ndi3 resigned neucoin moderator)
http://forum.neucoin.org/t/beta-testing-suggestions-ideas/1393/3

Also
ex CCN journalist cries scam, could be first bitcoin refund?
https://www.zapchain.com/a/J4cT0u6f4V
sr. member
Activity: 462
Merit: 250
http://forum.neucoin.org/t/beta-testing-suggestions-ideas/1393/2

Sigh... I gave it my all.. this is my last post... I'm moving on now...
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
only thirty days till you get your nokoins!

the ones that solve all PoS attack vectors lack
any technical innovation whatsoever.

the ones you'll be able to spend at major music and game sites
Jango.

the ones that might not even be listed on any exchange !
hero member
Activity: 630
Merit: 500



davis
antonio
This user is suspended until September 11, 2015 3:26pm.
Reason: Suspended for 10 days for use of inappropriate/abusive language to a member of staff. This is his first offence.

hero member
Activity: 545
Merit: 500
Fascinating.  Excellent work RealMalatesta.

Somebody with an active forum account might want to ask:

Why has Althouse Development never been mentioned in any Neucoin literature?

Why has Jonathan Gnassia's name never been mentioned, being the President of the company creating Neucoin and all?

Why isn't DanK the President?  We all thought DanK was the president.  But when you look at all the legal documents, DanK's seem to have made his legal exit already.

Althouse has no employees.  Could that explain the delays?

If I were the suspicious type, I would think Althouse was set up as an entity to rent office space, run a promotional campaign to sell "Neucoins" (that don't exist) in Bitcoin's sent to an offshore, anonymously held Seychelle's company, far from the French tax authorities and a very long arm's length away from Althouse and DanK and his girlfriend.

Once the shitcoin is issued, trading, and the pump and dump takes place, and all the millions in Bitcoin's safely stored offshore, the need for a corporate shell in France is gone.

So it will be liquidated with it's capital of 12,500k Euro's run by a guy who's other activity is a "holding company" (Eljomino) with a capital of 1000 Euros (is that where the equity in Althouse resides now?) and anyone who sues will get to split the 13,500 Euros of capital stock for their trouble.  No taxes in France.  Just one big bankrupt loss no longer on Dan Kauffman's resume.

Meanwhile, whomever has the keys to that Bitcoin Wallet, fattened by the Pump and Dump, far from French Tax Authorities, is laughing.

If I were the suspicious type.
legendary
Activity: 1181
Merit: 1002
http://forum.neucoin.org/t/launch-prediction-and-concerns/1408/10, Ophelie:

"I love your work by the way. I hope you'll like ours too. We've been giving it our all."

WTF  Roll Eyes  Angry
legendary
Activity: 2296
Merit: 1038
Bitcoin Trader
I think the team neucoin unprofessional in their words, see yesterday's launch of August pending already showing poor performance on their projects, after they are launched it will probably add to the list neucoin as shitcoin, to date not a single one depiction evidence of their performance published either only an image wallet or other things

I think about it, whether it is a failed project or not, see it later on Smiley
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