[ANN] Secret Bitcoin Project has been unvieled as Stellar

Fernandez

legendary

Activity: 1008

Merit: 1000

Quote from: BitCoinDream on September 07, 2014, 08:49:49 AM

Quote from: deepestfear on September 07, 2014, 03:35:54 AM

Stellar is looking more and more like a centralising wealth creating vehicle for insiders
McCaleb is a douchebag. What were we expecting?

We were expecting some free money using some verified Fb account... Simple !!!

Those who were early, got it. The rest just wait to see the next money making scheme which comes along and get on it fast.

BitCoinDream

legendary

Activity: 2282

Merit: 1204

The revolution will be digital

Quote from: deepestfear on September 07, 2014, 03:35:54 AM

Stellar is looking more and more like a centralising wealth creating vehicle for insiders
McCaleb is a douchebag. What were we expecting?

We were expecting some free money using some verified Fb account... Simple !!!

deepestfear

sr. member

Activity: 291

Merit: 250

Stellar is looking more and more like a centralising wealth creating vehicle for insiders
McCaleb is a douchebag. What were we expecting?

vaisajne

full member

Activity: 224

Merit: 100

Quote from: BitCoinDream on September 06, 2014, 01:56:53 PM

Is Stellar charging Tx fee now ? I was checking http://www.stellarchain.io. There is a Fee column over here !!! For a 25 STR Tx, there is 10 STR fee ? WTF ?

Did many transactions but never had to pay the fees. But it does show as a transaction fee in the ledger.

BitCoinDream

legendary

Activity: 2282

Merit: 1204

The revolution will be digital

Is Stellar charging Tx fee now ? I was checking http://www.stellarchain.io. There is a Fee column over here !!! For a 25 STR Tx, there is 10 STR fee ? WTF ?

newIndia

legendary

Activity: 2198

Merit: 1049

It seems that STR value is not showing much of a rise at this moment...

BitCoinDream

legendary

Activity: 2282

Merit: 1204

The revolution will be digital

Quote from: vaisajne on August 15, 2014, 06:06:29 AM

Update if any of you get any invites on your dashboard. And if you have received some care to send it to me? PM me!

Have not u already got hold of stellar ?

vaisajne

full member

Activity: 224

Merit: 100

Update if any of you get any invites on your dashboard. And if you have received some care to send it to me? PM me!

vaisajne

full member

Activity: 224

Merit: 100

Quote from: Fernandez on August 15, 2014, 05:47:31 AM

They started with 6000 Stellars per account and now have dropped it to 125. Shows how they just wanted the initial push and then intend to push th eprice up and create artificial scarcity. Would be interesting to see how long this one stays relevant.

Official Announcement by Stellar

We've been having to waitlist our signups over the past week, which has been tough for everyone. It's meant that many people haven't been able to have access to the network. So starting tomorrow, we're getting rid of the waitlist entirely and funding everyone with a starter amount of stellars upon connecting with Facebook. This starter amount will be enough to start exploring Stellar and experience sending transactions.

Introducing Invites

The Stellar community has grown faster than anything I have seen. It is full of amazing folks who have been chipping in to help translate, bug fix, and answer questions of other newer users - all in less than two weeks. Since it will take us a while to develop and translate educational programs to cover our already international community, we wanted to think of ways to let our existing users fund more people since they are already putting a lot of effort into teaching people about digital currency. To do that, we are releasing an invite system tomorrow.

Via the invite system, Stellar users will receive invites from time to time that they can send to friends. Invites will appear in your dashboard. Upon receiving an invite code, that friend is then funded with additional stellars. This lets community members be the decision makers regarding when people receive more stellars beyond the starter amount, and it increases the chance that people new to digital currency have someone to whom they can ask questions and learn from.

How does this Affect Waitlist Groups?

You can see the listing of all the waitlist groups here. As of today, Groups 1-3 have been fully funded. Group 4 has received their starter amount. All of Group 5 (everyone who is on waitlist now) will receive their starter amount by tomorrow. This means everyone who completed a valid Facebook login so far and everyone who signs up with a valid Facebook login starting today will receive their starter stellar amounts - no more waiting.

Moving forward, everyone who signed up after August 7 (Group 4 onward; i.e. those who received starter amount of stellars) will be eligible to receive more stellars (amount will be dynamic) either i) through an invite code from a friend or ii) via educational programs which will be coming.

We expect some people will be unhappy with the fact we are no longer funding people in one fast, large amount, but the mission of the Foundation is to provide financial education and access. We always intended the stellars to be distributed in conjunction with educational content and materials, and it's important that we link stellar distribution with education. Our launch materials were focused on developers, but the world showed up at our door. Now we are working as fast as we can to get programs together for regular, non-technical folks (starting with this Learn page) - but these things take time. In the meantime, our primary objective remains the same and we think the invite system will help us work towards that goal.

What Comes Next?

At the moment, we are focusing on increasing security features, addressing any remaining login issues people had from the launch rush, and developing the multi-currency client. We also just had our first developer meetup in San Francisco where over 120 developers showed up for a packed event. At the meetup, people were discussing a lot of interesting projects already happening in the “Stellar System” - iOS clients, gateways, games, libraries, and more. So we can all expect to see more Stellar projects coming out soon. If you are working on something Stellar-related, please feel free to share with everyone - we'd love to hear about it.

BitCoinDream

legendary

Activity: 2282

Merit: 1204

The revolution will be digital

Quote from: Fernandez on August 15, 2014, 05:47:31 AM

They started with 6000 Stellars per account and now have dropped it to 125. Shows how they just wanted the initial push and then intend to push th eprice up and create artificial scarcity. Would be interesting to see how long this one stays relevant.

As long as Jed is backing the project, I'll keep HODLing my Stellar

Fernandez

legendary

Activity: 1008

Merit: 1000

They started with 6000 Stellars per account and now have dropped it to 125. Shows how they just wanted the initial push and then intend to push th eprice up and create artificial scarcity. Would be interesting to see how long this one stays relevant.

BitCoinDream

legendary

Activity: 2282

Merit: 1204

The revolution will be digital

Quote from: micky123 on August 05, 2014, 02:31:15 PM

This looks like a very impressive team / board. I think this may go places, but its right for everyone to be skeptical as i dont see how we can mine /mint or get Stellars. Got them for free, so no harm in holding them i suppose!?

Stellar cant be mined. It is maintained by a consensus algorithm rather than mining. Details: https://www.stellar.org/blog/introducing-stellar/#consensus

micky123

legendary

Activity: 1022

Merit: 1005

This looks like a very impressive team / board. I think this may go places, but its right for everyone to be skeptical as i dont see how we can mine /mint or get Stellars. Got them for free, so no harm in holding them i suppose!?

polynesia

legendary

Activity: 1358

Merit: 1000

Free stellar to all facebook users.... reminds me of something else - Auroracoin

The currency was ‘airdropped’ to Iceland’s citizens in late March, with 31.8 auroracoin allocated to each citizen who had registered. The few that claimed their coins are thought to have immediately sold them off and the price of the coin never recovered after plummeting on its first day in circulation.

suchnekky

sr. member

Activity: 294

Merit: 250

stellar wallet

gn7MVuNiyqnNPNB8mt4Vu6ELhAFkn8MpPk

BitCoinDream

legendary

Activity: 2282

Merit: 1204

The revolution will be digital

Quote from: escrow.ms on August 04, 2014, 01:57:31 PM

Quote from: techguy on August 04, 2014, 01:53:48 PM

Quote from: polynesia on August 04, 2014, 12:59:24 PM

Quote from: escrow.ms on August 04, 2014, 06:40:01 AM

I hardly use FB, I've told friends to do this and I gave them some funds

So they kept spreading it to get more funds..

2BTC - That's a lot of helpful friends.

i.e., Around 330 friends each contributing back their first 1000 STR to him.

@ 5000 STR = 0.03 BTC

No just 50 friends,got 6950 from each of them and I sold them at around 165000 rate

Dont u think Stellar value may rise in future ?

escrow.ms

legendary

Activity: 1274

Merit: 1004

Quote from: techguy on August 04, 2014, 01:53:48 PM

Quote from: polynesia on August 04, 2014, 12:59:24 PM

Quote from: escrow.ms on August 04, 2014, 06:40:01 AM

I hardly use FB, I've told friends to do this and I gave them some funds

So they kept spreading it to get more funds..

2BTC - That's a lot of helpful friends.

i.e., Around 330 friends each contributing back their first 1000 STR to him.

@ 5000 STR = 0.03 BTC

No just 50 friends,got 6950 from each of them and I sold them at around 165000 rate

techguy

sr. member

Activity: 378

Merit: 250

Quote from: polynesia on August 04, 2014, 12:59:24 PM

Quote from: escrow.ms on August 04, 2014, 06:40:01 AM

I hardly use FB, I've told friends to do this and I gave them some funds

So they kept spreading it to get more funds..

2BTC - That's a lot of helpful friends.

i.e., Around 330 friends each contributing back their first 1000 STR to him.

@ 5000 STR = 0.03 BTC

vaisajne

full member

Activity: 224

Merit: 100

Stellar has rallied big shots behind them.Keith Rabois,co-founder of PayPal, Stripe CEO Patrick Collison, YCombinator president Sam Altman, Mt. Gox creator Jed McCaleb, AngelList cofounder and CEO Naval Ravikant, cofounder of Dogecoin Jackson Palmer, and Matt Mullenweg, founder of WordPress, among others.

http://www.businessinsider.in/PayPals-Cofounder-Is-Supporting-A-New-Non-Profit-That-Will-Tackle-The-Vision-PayPal-Never-Accomplished/articleshow/39375145.cms

polynesia

legendary

Activity: 1358

Merit: 1000

Quote from: escrow.ms on August 04, 2014, 06:40:01 AM

I hardly use FB, I've told friends to do this and I gave them some funds

So they kept spreading it to get more funds..

2BTC - That's a lot of helpful friends.

Topic: [ANN] Secret Bitcoin Project has been unvieled as Stellar (Read 4158 times)