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Topic: [ANN] ORA :: NXT 'monetary system' currency - page 130. (Read 181197 times)

legendary
Activity: 1148
Merit: 1000
Sounds good.
A wide and fair distribution is vital.
I'll be watching this thread.
Good luck!
sr. member
Activity: 247
Merit: 250
good luck Grin Grin Grin
qpra will open source after 3 month,but i think the source must be Incomplete. what i mean is do you have such ability to fix it? you should have a backup plan for it.
member
Activity: 65
Merit: 10
good luck Grin Grin Grin
newbie
Activity: 56
Merit: 0


  "Launched after Qora source code released ", you are kidding us.
It means Qora is really great
i think so.
sr. member
Activity: 308
Merit: 250
interesting idea,
can you add the "fixed-term deposit rate" feature,
you can lock the coin to 6 months to gain more profit.

fixed-term deposit feature, what could we use the locked funds for? to loan out to others maybe ..... 'interested' lol

keep those ideas coming icess Smiley
newbie
Activity: 22
Merit: 0
Interested.
About distribution: we can learn also by Kript Coin https://bitcointalksearch.org/topic/ktk-kryptkoin-phr-phore-check-new-ann-606809
Registration out of this forum to avoid ban and program to detect multiple accounts
but I m not tech astute and I can just give the idea
Waiting for news

+1

Registration off forum is my thinking too! I'll look into Kript, thanks Smiley
You have not code
How  you can do this?
...Just want to know this ..
BTW
If qora does not open code..
what you want to do...
newbie
Activity: 35
Merit: 0


  "Launched after Qora source code released ", you are kidding us.
It means Qora is really great
sr. member
Activity: 392
Merit: 250
LOL, are you really going to launch your coin once QORA source code gets released? GOOD LUCK! Another SCAM!
sr. member
Activity: 293
Merit: 250
Interested.
About distribution: we can learn also by Kript Coin https://bitcointalksearch.org/topic/ktk-kryptkoin-phr-phore-check-new-ann-606809
Registration out of this forum to avoid ban and program to detect multiple accounts
but I m not tech astute and I can just give the idea
Waiting for news

+1

Registration off forum is my thinking too! I'll look into Kript, thanks Smiley

no ,it still can not stop it , you can add a  rule that all investor should registered before two or three month ago.
hero member
Activity: 546
Merit: 500


  "Launched after Qora source code released ", you are kidding us.
sr. member
Activity: 308
Merit: 250
Interested.
About distribution: we can learn also by Kript Coin https://bitcointalksearch.org/topic/ktk-kryptkoin-phr-phore-check-new-ann-606809
Registration out of this forum to avoid ban and program to detect multiple accounts
but I m not tech astute and I can just give the idea
Waiting for news

+1

Registration off forum is my thinking too! I'll look into Kript, thanks Smiley
full member
Activity: 135
Merit: 100
qora is great , kora (maybe need to change name lol) will be . i hope kora just not only clone but with new feature .
full member
Activity: 140
Merit: 100
good luck
full member
Activity: 168
Merit: 100
interesting idea,
can you add the "fixed-term deposit rate" feature,
you can lock the coin to 6 months to gain more profit.
sr. member
Activity: 826
Merit: 263
Interested.
About distribution: we can learn also by Kript Coin https://bitcointalksearch.org/topic/ktk-kryptkoin-phr-phore-check-new-ann-606809
Registration out of this forum to avoid ban and program to detect multiple accounts
but I m not tech astute and I can just give the idea
Waiting for news
hero member
Activity: 767
Merit: 500
Never back down !!!
interested
sr. member
Activity: 308
Merit: 250
Welcome to ORA!





ORA is a leaderless, decentralised 'starfish' community software development project announced on May 22, 2014. 889 people initially registered between June 24 - July 8, 2014 for a FREE stake of 166,666 assets each. The remaining ORA assets were held in trust for later distribution to community members & future developers. ORA asset tokens are issued as bearer assets. Whoever controls the private keys for an amount of ORA asset tokens will be eligible to redeem an equivalent amount of ORA 'coins' if/when the ORA software and P2P network is completed. The asset issuer is unable to guarantee either the completion of ORA software, or the exchange of ORA asset tokens into ORA coins. Please research the ORA project before purchasing ORA assets. The terms & conditions and date of the redemption will be finalised after community consultation.
Total assets: 1,000,000,000. For more details : http://ora.to. Issuing account : NXT-7FPB-3K2S-M9FL-ARP4G



Important Update - 25 November 2014!
We have decided to extend the registration period slightly. It will end 5 days from now, on Tuesday 07/08.



The reason is because we'd like to get some more registrations from non-sockpuppets before closing the form. It's also nice to get some more time to verify BTT IDs (even though we'll of course continue doing this even after the end date if needed).

This is the first and only time we extend the end date for registrations (not counting possible re-openings in the future).




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So to re-cap, if you want in, do this:
1. Read the rules in OP
2. Register at www.koracoin.com
3. Confirm your email
4. Make sure you've submitted your BTT ID correctly @ http://www.koracoin.com/checkbttid
5. Send me (Mac Red) a PM from the BTT account you applied with
6. Wait and be patient for registrations to close and for us to manually verify all entries.  Cool

If you got any questions/concerns/some info you want me to edit and so on, send me a PM and I'll reply as soon as I'm available (and I've replied to the users in queue before you).

Thank you.


Update 13:
Proposal to use NXT 'voting system' to decide left over stake issue
https://bitcointalksearch.org/topic/m.7868027


Update 14:
Kora stakeholder list has been released:
https://bitcointalksearch.org/topic/m.7876022


Update 15:
Logo design discussion & submission thread launched!
https://bitcointalk.org/index.php?topic=697958.new#new

Have fun Smiley


Update 16:
Great news! We have two community treasurers on board!!
Darkhorse & fragORA(formerly fragout) will become "keepers" of the left over stakes and 'power bounty' funds after the initial first round distribution! The importance of having well respected community members in these positions can't be overstated, and I'm personally very excited & honoured to have Darkhorse and fragORA on the team!! Thanks guys Smiley


Update 17:
What's in a name? A lot, and we've changed ours to ORA!!
After some community debate we have decided to change our name to ORA! It's short, looks good, sounds good, and it'll hopefully avoid confusion with our Qora. I like the name, and I'm hoping in years to come the ORA 'brand' will grow into something we're ALL proud of!


Update 18:
ORA distribution has started!
Darkhorse is working his way through the list manually now! Unfortunately there was a problem with the asset distribution plugin that prevented the automatic transfer.

Update 19:
Bounty discussion thread started!
https://bitcointalksearch.org/topic/ora-bounty-discussion-thread-718077

Update 20:
nio releases planning documentation
https://bitcointalksearch.org/topic/m.8154125

Update 21:
ORA has a forum!
http://oraforum.org/index.php

Update 22:
ORA has a log!
https://bitcointalksearch.org/topic/m.8833041

Update 23:
ORA Logo Meme giveaway started!
- https://nxtforum.org/assets-board/(ann)-ora-logo-meme-giveaway-5000-ora-assets!/msg105000/#msg105000
- http://oraforum.org/index.php?topic=79.msg469#msg469

Update 24:
Introducing 'Cryptofest': Short Film festival
https://bitcointalksearch.org/topic/ann-cryptofest-short-film-festival-sponsored-by-ora-801933



Kora will have 10,000,000,000 coins, equally shared to all stakeholders.
I'm taking advice on the best coin supply total, so let me know your opinions. I've allowed myself to be convinced by some well thought out reasoning that 50 Million Kora is *probably* better than 10 billion.

You can help!
Developer team, stakeholder registration team, web & network infrastructure team, marketing team - everything is open - we are bootstrapping a community from the ground up. Here is your chance - what would the 'ultimate' crypto community look & feel like? Let us know! Got an idea? Join Kora and make it happen.

Kora: the plan so far!
  • Free distribution - 1 stake for 1 human
  • Fair distribution - sockpuppet countermeasures will be used to prevent multiple accounts
  • Stakes will be issued on the NXT asset exchange after stakeholder registration is completed
  • Development, marketing, community & network infrastructure will be funded using development stakes
  • Kora will be launched AFTER Qora source is released
  • You will be able to trade your Kora stake on the NXT AE regardless of when the Qora source is released

Note: This is not the registration thread for Kora. This is a call to action! We need your ideas & your help & your committment! Post ideas & support, BUT understand that the official stakeholder registration will be later. Posting in this thread does NOT mean you have registered for a stake in Kora. YOU CAN HELP! How should we organise the Kora stakeholder registration? Let us Know!!

Kora will be a new crypto-currency designed from the ground up to solve Bitcoin’s biggest problems while also adding new promising features. Kora is based on Qora, which has been built from scratch and will not rely on any other crypto-currency. Kora uses a new proof-of-stake algorithm making it future-proof.

Kora is a clone of Qora which has been developed in Java and relies on native C libraries to perform the most CPU intensive tasks.

Guaranteed Features
1)   Ed25519 DSA to verify and sign messages.
2)   1-5 minute block time depending on the network activity.
3)   Retargeting every 10 blocks.
4)   Password protected wallets that can be recovered/generated from seeds.
5)   New Proof-of-Stake algorithm.
6)   A JSON RPC API to directly communicate with the client.
7)   Naming Service: Allows the user to register a key-value pair which can be used for various purposes (URLS, addresses, …)
This Naming Service will also include an exchange where users can buy and sell keys.
8 )   Colored Coins/Assets.
9)   Arbitrary Transactions: A simple feature which allows users to send any payload they want over the network. This can be used by third-parties to build additional features on top of Kora (data storage, chat).
10)   Transaction Boosting: Higher transaction processing speed by not having to broadcast the transactions to the whole network.

Possible Features
1)   Anonymous transactions/Zerocoin: One of the biggest problems of Bitcoin is of course that every transaction is traceable. Currently Zerocoin is the most promising project which is trying to solve that problem in a decentralized way.
2)   Cross Blockchain trading.
3)   Finite Blockchain/Blockchain shrinking.
Kora will be the first second generation 'super coin'. We know how to assemble the elements for the 'ultimate' crypto currency, and Kora will learn from the successes & failures of all previous coins.

The sad truth is NXT and Qora are both very promising crypto currencies, but both have suffered from small exclusive distributions. The IPOs were both open and public, but neither achieved widespread adoption, and both suffer from too many large whales, and perceptions that both coins are 'unfair'.

- Our goal is for Kora to have at least 3,000 stakeholders at launch.
- Stakes will be distributed as tokens on the NXT AE as soon as the registration process is over, and the final stakeholder list is completed.

We will learn from NEM (community building)
We will learn from NHZ (node payment bot)
We will learn from ShareCoin (sockpuppet countermeasures)
We will learn from EVERY coin that has gone before


"The foundation of any global crypto currency will be a large, engaged, and active community using and promoting a cutting edge POS coin."

1 -100% POS coins are superior to POW coins
2- A free, fair & WIDE distribution is better than a paid IPO that results in a very small initial distribution
3- Learn from the collective experience of every coin that has gone before!

NXT - great coin, bad distribution - 73 stakeholders - Grade 'C'
Qora - great coin, bad distribution - 137 stakeholders - Grade 'C'
NEM - great coin (we hope!) - great distribution - BUT controversial (sockpuppets, paid IPO) - Grade 'B'
Kora - great coin - great distribution - no controversy - great community - Grade 'A'

Kora - great coin - great distribution - sockpuppet countermeasures - Free - development will be funded using developer stakes

- 100 Proof-of-stake [POS]
- Free shares
- NO IPO - development will be paid for using development stakes
- Community building - our aim is to launch with at least 3,000 stakeholders using the principal "one stake for each unique human"

Join Kora and make a difference!

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