Topic: [ANN] RCHAIN - page 26. (Read 44445 times)

Reserve me down to do the English translation.



Says the noob trying to shill for it. 

According to recent statements made by RChain, RChain will start out with one billion tokens, but after the redemption will burn tokens so that the ratio of tokens in circulation to tokens out of circulation is about the same as at Synereo. So, yes, a little more than 90% will be held by the co-op initially, but there will be fewer than one billion tokens total. The number won't be determined until after the redemption.

RChain and the major investors interested in RChain are well aware of previous and recent allegations against RChain. Since they've done their due diligence and aren't concerned about funds being drained defending against frivolous lawsuits, I'm not too concerned about it. Greg has stated that he will answer any questions asked of him, and that there may be counter lawsuits as well.

The roadmap hasn't been published yet, but we can expect a functioning product within a year or two. As with every other blockchain on the planet, it will be at least five years before it is in a state that could be considered "production-ready" for mission critical applications. It will be useful long before that, as Ethereum and other blockchains are now.

As for your other complaints, I'm glad to see that they are cautious and are willing to delay when it's the sensible thing to do.

So rchain will have 1 billion coins, out of which more than 90% will be held with the CO-OP?
How would RCHAIN negate the possible lawsuits coming against it with almost no funding? [From Synereo] - As mentioned by its CEO
When will there be a working product, After 10 years?...As mentioned by greg [ founder of rchain]


Videos, videos, talk and more talks....Promises and more promises, And you guys cant even have a firm redemption date before posting...pathetic in a sense

FYI- Redemption has been delayed as they still dont have a working code and have problems with OMNI node!

Rchain is open source and it is combined with open source developments.

Nice try, but you're going to have to do better than that.

Why make use of synereo to swap ? Why not other alts ? Rchain dev dont want to lose their bags ?

If this is an attempt to formulate a legal defense strategy of "ignorance of the law", you need to step up your game.  No judge is going to buy it.  What part of "stop trying to convince people who can't afford to lose their money to hand it over to Greg in return for vague promises which he is incapable of fulfilling and stop infringing on Synereo LTD IP" do you NOT understand?

Try telling that to the judge.

The communist druggie and the "porno star" are supporting Greg's attempt to steal Synereo LTD IP by raising funds off the naive and uninformed.  Who else wants to help them out?!


Stop lying to people about getting money from Otto Capital.  Greg is never going to raise a dime from any venture capital group, private equity, or angel.  You are willingly aiding the infringement of Synereo LTD IP using property of Synereo LTD (aka your computer).  For once in your life, be smart.  Stop trying to trick people into handing their money over to Greg and return your laptop to Synereo LTD.  Once you quit working for a company, you do NOT get to keep their possessions.  An analogy you might understand would be, when you quit your "Mexican landscaping" job, you do NOT get to keep the shovel!

Everytime you open your mouth you represent yourself and your cause in a bad light.  If you were smart, you would shut up.

You can see some Casper input here from Rchain and Greg:

https://github.com/rchain/Casper-Proof-of-Stake

Lets Swap AMP in to RHOC , its cool 

Thats the wording that is most rational and plausible so thats why Rchain used it.

This is great stuff! We can make the distinction that coupons have the possibility of being voided while coins have forward compatible wallets.

CO also works as coupon offering.

We can call this simply a CO or coin offering if that sounds better.
Then people who want to dig in deeper can find out more about the past.

The process of my ICO and this Coupon Redemption are exactly the same. What's your issue with not calling this an ICO? What issue makes this not an ICO?

You can compile the Rosette VM is you want https://github.com/rchain/Rosette-VM

Lucius Meredith was calling this a "coupon redemption" today on Rchain Debrief 10 https://youtu.be/C8idnSrTDWA

Why is RCHAIN afraid of calling this an ICO? Should I change my ICO into a "coupon redemption" as well?