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Topic: [ANN] [PoW] [PoS] VEIL - Privacy without compromise - page 66. (Read 65375 times)

hero member
Activity: 910
Merit: 1002
Lol, 50% budget, labs, bla-bla-bla, aka "premine, but we just take it later".
copper member
Activity: 212
Merit: 153
We are contacting a variety of exchanges, large and small. But we can't say much more beyond that due to NDA.
newbie
Activity: 91
Merit: 0
When trade on other exchanges? Do you have a plan for adding?

We’re working on it! Can’t give any details though.

How can you have an exchange when the first block hasn't been mined! Or do you mean that you're just getting things 'lined up' for down the track?

We’d like to be listed upon launch or as close to it as possible, so we have been in contact with a number of exchanges to that end.
Do you cooperate with major exchanges? Or will you work with small exchanges for the first time?
jr. member
Activity: 50
Merit: 2
When trade on other exchanges? Do you have a plan for adding?

We’re working on it! Can’t give any details though.

How can you have an exchange when the first block hasn't been mined! Or do you mean that you're just getting things 'lined up' for down the track?

We’d like to be listed upon launch or as close to it as possible, so we have been in contact with a number of exchanges to that end.
full member
Activity: 616
Merit: 167
When trade on other exchanges? Do you have a plan for adding?

We’re working on it! Can’t give any details though.

How can you have an exchange when the first block hasn't been mined! Or do you mean that you're just getting things 'lined up' for down the track?
jr. member
Activity: 50
Merit: 2
When trade on other exchanges? Do you have a plan for adding?

We’re working on it! Can’t give any details though.
newbie
Activity: 29
Merit: 0
When trade on other exchanges? Do you have a plan for adding?
copper member
Activity: 135
Merit: 0
Kudos to the developers on this really innovative block reward scheme!

Does that pretty much sum it up?
Hello Cryptoasshatawards. Not quite accurate. Smiley

1. The budget fund will go to team member salaries, bounty program fund, and other project-related expenses. The Veil Labs fund will go to R&D of cryptography, privacy, and blockchain tech; this is run separately from main Veil development.
2. The 30% Budget fund and 10% Veil Labs fund will not be staked. These funds are held in a 4 of 6 multisignature escrow before being released.
3. Team member salaries do not comprise the entire 30% Budget fund.
4. Team member salaries are paid out in a fixed amount of Veil per month and has a hard cap in USD.
5. Public monthly budget reports will be made available for the community to scrutinize and give feedback on.

I hope this helps dispel some concerns.
newbie
Activity: 27
Merit: 0
To be fair you should launch on testnet first and wait week or two so people can adopt/test wallet and mining software and then launch on the mainnet.

This has been a factor in the decision to delay. Keep your eyes peeled for more info soon.
newbie
Activity: 1
Merit: 0
Kudos to the developers on this really innovative block reward scheme!

https://imgur.com/a/SmpVDBK

Does that pretty much sum it up?
jr. member
Activity: 47
Merit: 1
To be fair you should launch on testnet first and wait week or two so people can adopt/test wallet and mining software and then launch on the mainnet.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
How do you think? When are crypto projects going to fly to the moon?

no one know like last year everyone not know btc can go to 20k usd

I would like to see such a price on the cryptomarket
this would be the success of many projects,
because the cost of many altcoins depends on the cost of the BTC
hero member
Activity: 1034
Merit: 500

Keep up on the good work! To postpone was the best decision
jr. member
Activity: 252
Merit: 4
How do you think? When are crypto projects going to fly to the moon?

no one know like last year everyone not know btc can go to 20k usd
full member
Activity: 670
Merit: 130
ATTENTION: Veil Mainnet launch moved to January 1st, 2019

After an in-depth discussion with our team and community, we decided to further postpone the planned Veil Mainnet launch date to better establish a fair distribution model and for a longer testing period.

We will set up an open and public testing phase for our users, to ensure a fully tested and smooth-running platform and to meet the standards of all the people interested in our project. We are also working on providing the community with more technical information on the x16rt mining algorithm so that everyone is up-to-speed and ready to go before the official launch.

Thank you for your understanding and we will keep you updated on our social channels.

Thank you !! it is the fairest of all decisions for an equal start for all.
newbie
Activity: 27
Merit: 0
ATTENTION: Veil Mainnet launch moved to January 1st, 2019

After an in-depth discussion with our team and community, we decided to further postpone the planned Veil Mainnet launch date to better establish a fair distribution model and for a longer testing period.

We will set up an open and public testing phase for our users, to ensure a fully tested and smooth-running platform and to meet the standards of all the people interested in our project. We are also working on providing the community with more technical information on the x16rt mining algorithm so that everyone is up-to-speed and ready to go before the official launch.

Thank you for your understanding and we will keep you updated on our social channels.

Until now, everything looks fair in this coin launch. It's better to postpone and have all the conditions, this is something that will mark the beginning of the project

Sorry about the delay, and thanks for understanding. We definitely appreciate all the feedback shared in this thread, on Discord, and via social media—I hope it's obvious by our responses and decision to delay to better improve things for miners come launch.

Please don't hesitate to ask questions, or share opinions and feedback as it's all being read and considered carefully, even if sometimes we can't offer the answers you want to hear.
Thanks for the patience, and hope you're all as keen as we are.
newbie
Activity: 91
Merit: 0
ATTENTION: Veil Mainnet launch moved to January 1st, 2019

After an in-depth discussion with our team and community, we decided to further postpone the planned Veil Mainnet launch date to better establish a fair distribution model and for a longer testing period.

We will set up an open and public testing phase for our users, to ensure a fully tested and smooth-running platform and to meet the standards of all the people interested in our project. We are also working on providing the community with more technical information on the x16rt mining algorithm so that everyone is up-to-speed and ready to go before the official launch.

Thank you for your understanding and we will keep you updated on our social channels.

Until now, everything looks fair in this coin launch. It's better to postpone and have all the conditions, this is something that will mark the beginning of the project
copper member
Activity: 212
Merit: 153
ATTENTION: Veil Mainnet launch moved to January 1st, 2019

After an in-depth discussion with our team and community, we decided to further postpone the planned Veil Mainnet launch date to better establish a fair distribution model and for a longer testing period.

We will set up an open and public testing phase for our users, to ensure a fully tested and smooth-running platform and to meet the standards of all the people interested in our project. We are also working on providing the community with more technical information on the x16rt mining algorithm so that everyone is up-to-speed and ready to go before the official launch.

Thank you for your understanding and we will keep you updated on our social channels.
Yeah, the delayed launch of main net will help Girl project has a fair launch for both AMD and NVIDIA.
Thank you for the adjustment plan.

AMD is definitely something I want by launch. We're trying to provide a well-known AMD mining software dev with the information to integrate x16rt as it becomes available Smiley.
copper member
Activity: 212
Merit: 153
ATTENTION: Veil Mainnet launch moved to January 1st, 2019

After an in-depth discussion with our team and community, we decided to further postpone the planned Veil Mainnet launch date to better establish a fair distribution model and for a longer testing period.

We will set up an open and public testing phase for our users, to ensure a fully tested and smooth-running platform and to meet the standards of all the people interested in our project. We are also working on providing the community with more technical information on the x16rt mining algorithm so that everyone is up-to-speed and ready to go before the official launch.

Thank you for your understanding and we will keep you updated on our social channels.
full member
Activity: 566
Merit: 113
How do you think? When are crypto projects going to fly to the moon?

Nobody knows about that and more importantly, do you think it is proper asking this kind of question in here?
It has not started yet, but you are asking like this project value has dropped a lot from before.

Good to know that AMD cards can mine the Veil.
I wish the things will be done soon, so AMD miners can mine Veil at it's beginning on 15th December.

Usually, it requires a time to do so but let's hope they can make it in time or it would better if they make it before the launch.
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