[ANN] RootCoin [ROOT] - rootEX™ announced - ANON-tx using BitKey™- PoW/PoS/PoI - page 44.

sdersdf3

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Quote from: Monkeys on September 26, 2014, 12:14:32 AM

I don't know this for sure, but I think it is safe to assume that Bitkey will not be released on the 28th unfortunately.

Bitsta has said that it is being tested by a 3rd party coder to be completely sure that it can not be exploited.

It is a completely new and unique anon which Lynda to me like it will be the best and most completely anon solution developed in crypto to date.

Because of the way it works as I understand from the white paper there is a possibility that if it is not programmed very carefully and perfectly then it could be susceptible to exploitation and people could attempt to steal coins.

This is why I don't mind waiting a bit longer for it to be released since when it is done right, it will be worth the wait.

Fair enough - but I think it would help to have a general guesstimate of how far the date might be pushed back. Are we talking days, weeks or months?

Monkeys

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I don't know this for sure, but I think it is safe to assume that Bitkey will not be released on the 28th unfortunately.

Bitsta has said that it is being tested by a 3rd party coder to be completely sure that it can not be exploited.

It is a completely new and unique anon which Lynda to me like it will be the best and most completely anon solution developed in crypto to date.

Because of the way it works as I understand from the white paper there is a possibility that if it is not programmed very carefully and perfectly then it could be susceptible to exploitation and people could attempt to steal coins.

This is why I don't mind waiting a bit longer for it to be released since when it is done right, it will be worth the wait.

sdersdf3

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Activity: 280

Merit: 250

Quote from: dataMaestro on September 25, 2014, 02:25:56 AM

Quote from: bitsta on September 24, 2014, 07:12:04 PM

Hey Monkeys,

we ve been testing bitkey beta since last week and are finalising the release version. We ll have
bitkey tested by a promovated IT-engineer who is going to provide me a full code & functionality
report BEFORE release. This 3rd party analysis is to ensure a secure and properly tested enviroment
for cryptocurrency-transactions. I already said it and will say it again and again: i won't ever risk
users coins/time by releasing crapy software. People have done it before and we saw where it ended.
Thats the main reason for all the delays. I am doing the whole development on long-term view and
without any time-pressure. The time in this community teached me that fudders will always fud, doesn't
matter what a dev does (in fact they troll and fud mostly good projects..). Anyway, i ll always do my best to satisfy every user.

P.S. i ll be online today and tomorrow and then i am taking 2 days off till sunday afternoon (cent. europe). so if anybody has
questions or looking for some (dev)smalltalk: JOIN IRC tonight or tomorrow.

thanks!
bitsta

This is not FUD. I - and I imagine other people out there -- have limited time and btc with which to consider and pursue multiple opportunities/options so we have to, by necessity, plan ahead and have some visibility into the future. There's an "opportunity cost" to holding any coin, and I'd like to have a clearer idea of what that is in this case.

I respect and appreciate that you want to thoroughly test this - that's good. But should I understand this to mean that the previously promised September 28 date will not be met? I'd just like to confirm that so I can plan accordingly.

cyberhacker

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root will shoot soon

pigheadbig

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Quote from: S3MKi on September 24, 2014, 08:54:53 AM

bitey so soon. wow

glad to hear about that.

dataMaestro

newbie

Activity: 33

Merit: 0

Quote from: bitsta on September 24, 2014, 07:12:04 PM

Hey Monkeys,

we ve been testing bitkey beta since last week and are finalising the release version. We ll have
bitkey tested by a promovated IT-engineer who is going to provide me a full code & functionality
report BEFORE release. This 3rd party analysis is to ensure a secure and properly tested enviroment
for cryptocurrency-transactions. I already said it and will say it again and again: i won't ever risk
users coins/time by releasing crapy software. People have done it before and we saw where it ended.
Thats the main reason for all the delays. I am doing the whole development on long-term view and
without any time-pressure. The time in this community teached me that fudders will always fud, doesn't
matter what a dev does (in fact they troll and fud mostly good projects..). Anyway, i ll always do my best to satisfy every user.

P.S. i ll be online today and tomorrow and then i am taking 2 days off till sunday afternoon (cent. europe). so if anybody has
questions or looking for some (dev)smalltalk: JOIN IRC tonight or tomorrow.

thanks!
bitsta

This is not FUD. I - and I imagine other people out there -- have limited time and btc with which to consider and pursue multiple opportunities/options so we have to, by necessity, plan ahead and have some visibility into the future. There's an "opportunity cost" to holding any coin, and I'd like to have a clearer idea of what that is in this case.

I respect and appreciate that you want to thoroughly test this - that's good. But should I understand this to mean that the previously promised September 28 date will not be met? I'd just like to confirm that so I can plan accordingly.

Monkeys

member

Activity: 112

Merit: 10

Quote from: bitsta on September 24, 2014, 07:12:04 PM

Quote from: Monkeys on September 24, 2014, 05:34:09 PM

People, relax. Bitsta released Root 2.0 just a few days ago.

I'm sure he is putting the final touches on Bitkey and making sure it will be ready for the release date.

He is online on IRC right now, you can access it via the wallet or on freenode =)

The newbie fudders are just trying to pick up some cheap coins here before the next pump with Bitkey, so investors do not despair, this is to be expected Wink

Hey Monkeys,

we ve been testing bitkey beta since last week and are finalising the release version. We ll have
bitkey tested by a promovated IT-engineer who is going to provide me a full code & functionality
report BEFORE release. This 3rd party analysis is to ensure a secure and properly tested enviroment
for cryptocurrency-transactions. I already said it and will say it again and again: i won't ever risk
users coins/time by releasing crapy software. People have done it before and we saw where it ended.
Thats the main reason for all the delays. I am doing the whole development on long-term view and
without any time-pressure. The time in this community teached me that fudders will always fud, doesn't
matter what a dev does (in fact they troll and fud mostly good projects..). Anyway, i ll always do my best to satisfy every user.

P.S. i ll be online today and tomorrow and then i am taking 2 days off till sunday afternoon (cent. europe). so if anybody has
questions or looking for some (dev)smalltalk: JOIN IRC tonight or tomorrow.

thanks!
bitsta

Great update Bitsta!

Great to hear you are thoroughly testing Bitkey before release, and you are right we definitely don't want any coins or security being compromised so rigorous testing is KEY Wink

Vampiro4L

full member

Activity: 164

Merit: 100

Great news, good call on the test. Hope it goes well!

bitsta

hero member

Activity: 518

Merit: 500

r00t-dev

Quote from: Monkeys on September 24, 2014, 05:34:09 PM

People, relax. Bitsta released Root 2.0 just a few days ago.

I'm sure he is putting the final touches on Bitkey and making sure it will be ready for the release date.

He is online on IRC right now, you can access it via the wallet or on freenode =)

The newbie fudders are just trying to pick up some cheap coins here before the next pump with Bitkey, so investors do not despair, this is to be expected Wink

Hey Monkeys,

we ve been testing bitkey beta since last week and are finalising the release version. We ll have
bitkey tested by a promovated IT-engineer who is going to provide me a full code & functionality
report BEFORE release. This 3rd party analysis is to ensure a secure and properly tested enviroment
for cryptocurrency-transactions. I already said it and will say it again and again: i won't ever risk
users coins/time by releasing crapy software. People have done it before and we saw where it ended.
Thats the main reason for all the delays. I am doing the whole development on long-term view and
without any time-pressure. The time in this community teached me that fudders will always fud, doesn't
matter what a dev does (in fact they troll and fud mostly good projects..). Anyway, i ll always do my best to satisfy every user.

P.S. i ll be online today and tomorrow and then i am taking 2 days off till sunday afternoon (cent. europe). so if anybody has
questions or looking for some (dev)smalltalk: JOIN IRC tonight or tomorrow.

thanks!
bitsta

S3MKi

legendary

Activity: 1540

Merit: 1016

hodl.

Monkeys

member

Activity: 112

Merit: 10

People, relax. Bitsta released Root 2.0 just a few days ago.

I'm sure he is putting the final touches on Bitkey and making sure it will be ready for the release date.

He is online on IRC right now, you can access it via the wallet or on freenode =)

The newbie fudders are just trying to pick up some cheap coins here before the next pump with Bitkey, so investors do not despair, this is to be expected Wink

AltCoinBuddah

member

Activity: 161

Merit: 10

I hope not. I'm starting to get worried. Undecided

BTC-king

member

Activity: 92

Merit: 10

Quote from: sdersdf3 on September 24, 2014, 08:09:59 AM

Quote from: georgeandy on September 24, 2014, 03:51:52 AM

Can the Dev tell us how is the Bitkey progress?

Yes, could you confirm if Bitkey is coming out on September 28, as promised...or not...

Don't hold your breath. Those dates are fugazi or nothing of substance for this dev. Take a dart and through it at a next month calendar it that's your release date for the next feature. Quote this in 4 days.

S3MKi

legendary

Activity: 1540

Merit: 1016

bitey so soon. wow

sdersdf3

sr. member

Activity: 280

Merit: 250

Quote from: georgeandy on September 24, 2014, 03:51:52 AM

Can the Dev tell us how is the Bitkey progress?

Yes, could you confirm if Bitkey is coming out on September 28, as promised...or not...

georgeandy

hero member

Activity: 518

Merit: 500

Can the Dev tell us how is the Bitkey progress?

InitialDat

sr. member

Activity: 252

Merit: 250

Quote from: Edraket31 on September 23, 2014, 04:01:20 PM

Quote from: ?? on ??

FUD

did you read the OP?

Directly from OP: "+100 blocks were instamined at the offical pool.
about 380 blocks were instamined through solominers AFTER launch
and before the official pool started hashing. thats a total of 38k ROOT.
The codebase of ROOT was fork from another scrypt-coin
and the GetNextTargetRequired(), the function which settles the difficully,
reset the first 450 blocks with the starting diff. leading the first 450 blocks
to be mined superfast. - as this was topic for some FUD/troll posts, i just
added it to the OP to make it public. "

Uran0s

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Activity: 350

Merit: 250

Ohhhh his bad he didnt read the OP before posting this review. Everything is explained in first post

. No need to post such crap.

Edraket31

hero member

Activity: 1190

Merit: 511

Quote from: ?? on ??

Dev, what the fuck is this? Roll Eyes

rootcoin https://bitcointalksearch.org/topic/ann-rootcoin-root-rootex-announced-anon-tx-using-bitkey-powpospoi-714793
Heritage: very similar to bitstar, MNT
Problems:
* MINOR: genesis seed is not a news event
* MAJOR: The first 450 PoW blocks had difficulty adjustment purposefully disabled, and as such about 500 blocks were mined 4 minutes after launch
* MAJOR: Along with an instamine was some good ol' fashioned premining that started about 10 minutes before launch. At least 2 solominers and a pool
** 500 blocks being practically premined out of 10,000 PoW blocks is really bad
* MODERATE: "total coins" is not 3 million. Inappropriate assumption of MAX_MONEY
On blockchain:
blocks mined at premine time: 3 (ie, 2 extra blocks were mined)
blocks mined before launch, but after premine: 4-115 (from 00:00:58 to 01:09:39)
Addresses which hold the illegitimate premine: (notice, the pool with 1.5% fees) (there may be more addresses than this)
RSGFEiPfkjyFRKU31Q6TdYTMSo2gLhd623
RSmMJGDCXeP2wGCTJn74js1s5VcNqbjpg6
Recipients
Address Amount (Root)
RSXCxbLxANhPEJsDZ38etJAgGs2dC45W8W 97.51500000
RB7C7WYdoUP2bXn3GJGWeijsLbVehJiieq 1.48500000
I don't usually dig into author history, but he also launched distrocoin
Interestingly enough has done a review like this of shibecoin some time back https://bitcointalksearch.org/topic/m.6572374

https://github.com/Earlz/coinreviews/blob/master/rootcoin.txt

did you read the OP?

DenisZabar

sr. member

Activity: 614

Merit: 254

Quote from: BTC-king on September 23, 2014, 03:40:03 PM

Haven't seen anything from this dev in days. Hope he is still with us.

Do you even read pages before or just releasing fud Huh

Topic: [ANN] RootCoin [ROOT] - rootEX™ announced - ANON-tx using BitKey™- PoW/PoS/PoI - page 44. (Read 271862 times)