Author

Topic: [ANN] ORA :: NXT 'monetary system' currency - page 112. (Read 181197 times)

legendary
Activity: 1288
Merit: 1012
HOW TO TAKE PART IN,NO URL?
I think URL will posted in 3:25 hours.  Smiley
member
Activity: 120
Merit: 10
HOW TO TAKE PART IN,NO URL?
sr. member
Activity: 364
Merit: 250
this coin is very fair to everyone i think
full member
Activity: 283
Merit: 101
Sounds like a good distribution model. Is it just a 1:1 clone of qora or are there any unique features / development planned ? Maybe in the future ?

I really hope we can attract a dev who will 'extend' Qora, but I'm not a dev myself, and so whether Kora becomes a 1:1 clone of Qora or not is yet to be decided. It wont be up to me, but I'll try as hard as I can to establish a good community around Kora, and if we succeed at that then you never know ... great active community will attract a better grade of dev, that's obvious. NEM experience gives me confidence!

I think 5% for webapp dev and clone creator each is too much. Why don't they just get a stake like everyone else and reserve some % for future development instead?

I respect your opinion! From my point of view the clone dev is THE critical dev for Kora, and remember, he/she will probably be the first to clone Qora, so I'd expect they will earn their 5%.

As for the webapp dev, his job is also critical, and Mac Red has provided a lot more input to Kora than just coding the registration webapp, so IMO he fully deserves his stake too. Given that I'm not a dev, and I'm a 'coinname= accountname' sockpuppet myself, Mac Red took a big risk with his time & effort in committing to join Kora, and in order to get a 'quality' applicant I needed to offer a more generous stake. I hope Mac Red sticks around (but he isn't obliged to), and his input has been critical in getting Kora on the launchpad & looking credible.

The first people to join something 'new' and untested have taken the biggest risk, and its fair they should get a higher reward.

I'm probably going to take 2% for myself, and I'll accept donations too. To date I've had expenses of 2 bitcoins (half still to pay), plus 1000 NXT asset listing fee, plus at least 3000 NXT in transaction fees to send out all the Kora stakes. I'll also offer a bounty to help code an automation script to send out the Kora stakes. As I'm just the Kora ring master, I think 2% to cover my expenses is fair.

I fully agree that these jobs are very important and that you guys should be paid for your work and to cover the expenses, but 12% of the whole currency suplply is way too much
full member
Activity: 182
Merit: 100
Yes, it's very like it.
full member
Activity: 126
Merit: 100
good job.
newbie
Activity: 21
Merit: 0
I often confuse Kora and Kore.
The names are very similar!
 Roll Eyes
member
Activity: 70
Merit: 10
full member
Activity: 224
Merit: 100
3000 Stake Holders? it wont be easy to achieve that target.

I doubt that.

It will be interesting to see what happens. I think we can reach 3000 users, but it might take a while, and we might need to promote Kora on other crypto forums. Our approach will be to use common sense, and if numbers are low we will make adjustments and keep trying - 3K is the goal.

Maybe we will have 3K users within a few hours. I think the ideals of Kora appeal to a wider cross section of people than many other coins, and I suspect the Chinese crypto community will embrace Kora with open arms (I sure hope so anyway!!)

Kora is an experiment, and it will be fascinating no matter what happens Smiley


You never know how many lurkers are out there!  Wink
sr. member
Activity: 308
Merit: 250
3000 Stake Holders? it wont be easy to achieve that target.

I doubt that.

It will be interesting to see what happens. I think we can reach 3000 users, but it might take a while, and we might need to promote Kora on other crypto forums. Our approach will be to use common sense, and if numbers are low we will make adjustments and keep trying - 3K is the goal.

Maybe we will have 3K users within a few hours. I think the ideals of Kora appeal to a wider cross section of people than many other coins, and I suspect the Chinese crypto community will embrace Kora with open arms (I sure hope so anyway!!)

Kora is an experiment, and it will be fascinating no matter what happens Smiley
sr. member
Activity: 434
Merit: 250
🤖UBEX.COM 🤖
3000 Stake Holders? it wont be easy to achieve that target.

I doubt that.
sr. member
Activity: 336
Merit: 250
DLISK - Next Generation Coin
nxt explore was down . still in block 168890  for a long time Shocked
sr. member
Activity: 308
Merit: 250
The rules are simple:
4. If your account is older than 3 months - 20 posts minimum
5. If your account is younger than 1 month - 40 posts minimum
These two rules are simply stupid.

Why so? Can you explain your criticism? As anti sockpuppet measures these type of rules seem necessary, but maybe you have a good suggestion. Without full identity document collection & KYC the best approach IMO is to use a number of anti-sock measures together, and the post count rules serve a purpose.

As always, suggestions are most welcome!!

The rules are in the right direction, but what do you require from account of 2 months of age?  Wink

The account age & post count rules are cut-off marks. If your account is 2 months old you need more than 20 posts. Sorry, I can see there was room for confusion there! There are two variables - account age & post count - both can be used to estimate the likelihood that an account is a sockpuppet

I admit the account activity & age based rules could be set to different levels depending on what your priorities are.

We're trying to get a balance between making it difficult for sockpuppets on the one hand, but not making it too hard for genuine 'new users' to register on the other. No system of this nature could be perfect, unless we require full KYC, which we're not.

I'm glad Kora is free! If we get things wrong there wont be any need for refunds Smiley

To avoid confusion we have changed the account activity rules slightly.

The new rules are as follows.
a) Your BTT account is older than 3 months and has less than 20 quality posts
b) Your BTT account is younger than 3 month and has less than 40 quality posts


Remember, you can still apply if your BTT account activity puts you into a) or b) above, you'll just have an extra hurdle to jump over to register for Kora. We're trying to strike a balance - stop multiple account abuse from sockpuppets but not disadvantage new users of this forum.
sr. member
Activity: 476
Merit: 250
3000 Stake Holders? it wont be easy to achieve that target.
full member
Activity: 126
Merit: 100
this coin is cool, good sounds!
sr. member
Activity: 308
Merit: 250

So is it cool if I register using my NXT address from my online wallet at myNXT.info?

Can someone answer this question please.  Wink

I think mynxt.info doesn't have asset exchange integrated yet so you won't be able to geht your tokens.

I think this answer is correct. I have a mynxt.info wallet & I can receive assets to that wallet, but I can't access them using mynxt.info, so I can't sell or transfer them. If you want to trade your Kora tokens it is better to create a new account using the official NXT client IMO. I'm confident mynxt.info will add NXT AE capabilities soon, but we can't guarantee that.
full member
Activity: 140
Merit: 100
OK.count me in
full member
Activity: 283
Merit: 101

So is it cool if I register using my NXT address from my online wallet at myNXT.info?

Can someone answer this question please.  Wink

I think mynxt.info doesn't have asset exchange integrated yet so you won't be able to get your tokens.
hero member
Activity: 546
Merit: 500

So is it cool if I register using my NXT address from my online wallet at myNXT.info?

Can someone answer this question please.  Wink
It is cool but "Please make sure your NXT ID appears in the blockchain explorer (http://87.230.14.1/nxt/nxt.cgi)"
sr. member
Activity: 258
Merit: 250
DRAMA: Dumb Retards Asking More Attention

So is it cool if I register using my NXT address from my online wallet at myNXT.info?

Can someone answer this question please.  Wink
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