Topic: [ANN] ORA :: NXT 'monetary system' currency - page 66. (Read 181197 times)

What is the total number of coins?

Good question. I think we have two choices. We either have total assets equal the total number of stakes, or the total assets equal the max coin supply for (K)Ora.

I think I prefer creating 1 NXT asset for each (K)Ora coin, just so we get used to the relativities with other coins straight off the bat.

Can anybody see a problem with that?

I know NEM went the other way and made one NEM NXT asset equal to one whole stake, but I think (K)Ora could live on the NXT AE for a lot longer than NEM, so maybe we're better off matching the NXT assets number with the coin supply, rather than the number of stakes.

As usual, what do people think?

Glad you found what you needed!! The Qora source hasn't been released yet, that's why we've been concentrating on the distribution & community building aspects to start with.

My original plan was to start promoting the idea of a vanilla clone of Qora (once the source is released), and then see what happens, hopefully develop (K)Ora into something unique. Where we take (K)Ora technically will be up to our lead dev, nioccoin, and all those who join in the tech discussion with him.

As I understand KORA will use the plain vanilla NRS code that NXT also uses - am I correct there?

edit: found it in the OP. Now I just have to go and look up what QORA actually uses.

total assets will be 3000 ?

I'm currently working on finding someone to help with writing an automated NXT asset distribution script. If that's successful then the plan is still to hand over to a trusted third party who will create the (K)Ora asset and then run the distribution script from their "(K)Ora" account. That trusted person would (hopefully) then become the 'keeper' of the left over stakes & bounties.

Once that's organised the actual distribution can be done very quickly. I wont make any promises but I'd be disappointed if the stakes still aren't distributed in 7-10 days.

haha, i think everyone want an ETA. Just a crude approximation would be nice. Or please, tell the steps left to the NXT AE release.

yes i also want to know 

Stakeholder list has been updated with the latest data. [Link]

* Some new confirmed entries
* Some updated NXT addresses
* Updated block explorer statuses for all entries

Does anyone know how long it takes for the NXT blockchain to doanload? I have my wallet here for over a day and still the blockchain hasn't downloaded and I want to send some NXT out but it won't let me till blockchain has synced lol. I have to close my laptop at night but why it is taking so long for NXT wallet to sync?

Found me in the list. All ok 1/1.
Thanks to Mac Red and the team.

ok, be well then , waiting for your reply

No worries , take care mate and relax a bit

I am in the list  thanks and good job

When is the issue on the NXT AE??

thx, just wait

Thanks Mac Red! Take all the time you need to get better

We all need to keep in mind that (K)Ora is a longer term project compared to many other crypto coins, and we need to fight the urge for 'instant gratification' that surrounds many coin projects.

(K)Ora wont make anyone rich any time soon, but if we ALL do our bit to build an active cohesive community then who can say what will happen in the future. But right now we're still building quality foundations, and some of that work isn't always visible.

Getting the stakeholder list 'right' is our number one priority in 'stage 1', and we'll do everything we can to make sure no mistakes are made, and everyone who registered in good faith and followed all the requirements is on the list.

It might take a little longer, but it'll be worth it if the general consensus among ourselves and in the wider crypto community is that the (K)Ora registration process was fair & transparent.

Some people think the focus on 'fairness' is pointless in a capitalist system, but I think that opinion misses a key element. Here is a Kora "mock" coin for example: https://nxtforum.org/alternate-cryptocurrencies/cccora-descendant-of-kora-nem-sibling-of-nexxfree-fair-equal-4-all!/

Those who think striving for "fairness" is ridiculous don't understand the link between fairness, community acceptance & effectiveness IMO.

Acceptance and effectiveness will come AFTER people have made a judgement about the origins of something. For example, why is Monero currently the most widely accepted Cryptonote coin, and not bytecoin, which came first, and has existed for nearly two years? They are basically the same code. Is it because Monero is 'better'? I would argue it is because Monero is 'accepted' because it had a 'fair' launch, so even the most hardened "survival of the fittest" capitalists are voting for the "fair" version. Bytecoin was 80% mined on the "dark web" for two years before anyone in the crypto community heard of it. A similar thing happened with Litecoin - it wasn't the first scrypt based coin, but it was seen as the first "fair one", so it became accepted by people, and thus effective.

"Fairness" is key for acceptance in a crowded market with many alternatives, and wide acceptance leads to effectiveness. I might be a karma loving hippy who loves "fairness", but I'm actually more of a realist who is striving for effectiveness


(K)Ora is NOT going to make people lots of money any time soon, but it could be a great community to be involved in, and who knows what will happen in the future.

Given that the WHOLE crypto coin ecosystem has a combined market cap under 9 billion today, and everyday more and more people come to realise the true potential of decentralised distributed consensus building systems using blockchain technology, who doesn't think the combined market cap of crypto projects won't reach into the trillions in a few years time. That's my thinking anyway, and we're right at the beginning of the growth period, and we have time to get things right, like having a good 'narrative' about our origins (i.e. the stuff Mac Red is doing now, manually checking to make sure everyone who should be on the list is).

take care of yourself 

Please get well soon.
EDIT I SEE My name on list yayayayayayya thank you..Chinese Translation will be up by the weekend and more blog promos to follow..

Just a quick note to anybody who has sent me a PM.

I'm having a bit of a sick day so there'll be some delay for when I'll be able to get to your particular issue. Hopefully I'm feeling better tomorow.
Keep in mind that for any case I receive I have to spend 10-15 minutes going through the data before responding, and I respond to any issue in order. Naturally now, when the list has been released, is when I'm receiving many of these time-consuming questions and requests for updates. So please understand this and don't think I'm ignoring you.

This also means that the next update to the stakeholder list (we try to do things in batches) will not be until sometime tomorow.

Cheers.