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Topic: [ANN] [SH]Shilling-The Digital Currency Tailored in Africa for Africa - page 12. (Read 39788 times)

member
Activity: 82
Merit: 10
there is two nodes running at all times and will stay up as active SH nodes.
node.cryptocronic.com and seed.madbyte.com
member
Activity: 188
Merit: 10
Shillingcoin core v1.16.4
To all the node users, please switch up to this node 139.59.235.54
the old node is down
add it up to your windows wallets "addnode 139.59.235.54 add"

and guys we only got one node running and its risky if it crushes or restarts. please help us set up new nodes https://github.com/yavwa/Shilling/wiki/Setting-up-a-Shilling-Node
full member
Activity: 241
Merit: 100
cryptocronic.com
You should add http://pool.madbyte.com:8080/getting_started to your pools list on ann first page.  (and remove ypool.ga since they are long gone)
member
Activity: 188
Merit: 10
Shillingcoin core v1.16.4
 Grin 50 days to our birthday...  Shocked
full member
Activity: 241
Merit: 100
cryptocronic.com
We have a shilling mining pool (2% fee) running at pool.madbyte.com
stratum+tcp://pool.madbyte.com:3675

Also, if you want some hardcoded nodes, you can use
seed.madbyte.com
node.cryptocronic.com

We are aiming to keep these up and running for a long time.
member
Activity: 188
Merit: 10
Shillingcoin core v1.16.4
 Smiley the wallet is working and it needs to stay that way, so please guys lets keep the network hashing and avoid idol blocks which corrupt the network. please support the coin by keeping the network always up Wink
hero member
Activity: 714
Merit: 500
Skol!
btw... Yobit wallet is working again. Which is awesome.

Amazing! At least the wallet is working!
member
Activity: 82
Merit: 10
btw... Yobit wallet is working again. Which is awesome.
member
Activity: 82
Merit: 10
Have shilling vendors similar to how there is mpesa vendors... copy the mobile money idea. East African countries are already used to mobile money.. now to start up shilling vendors. It starts with the first vendor... someone willing to buy and sell SH in and out of fiat... no different that mpesa works. I'm sure I can setup a trial vendor in Tanzania. Not sure if it would work but maybe an idea to try.
member
Activity: 188
Merit: 10
Shillingcoin core v1.16.4
Have you talked with any banks in Kenya to discuss 'costs' etc?

This forum is filled with people promising to do this or that to boost a coin, then the coin goes up and the dev disappears after the premine is sold.

 
i have a bunch of those in my emails, people with all forms of promises. kenyan banks consider bitcoin and any other cryptocurrency a threat and some have even greatly distanced themselves with the idea of a local cryto bank link up
sr. member
Activity: 462
Merit: 250
Have you talked with any banks in Kenya to discuss 'costs' etc?

This forum is filled with people promising to do this or that to boost a coin, then the coin goes up and the dev disappears after the premine is sold.

 
member
Activity: 188
Merit: 10
Shillingcoin core v1.16.4
One big issue with remittances to poorer countries is volatility. On the way up, some people get surprised with a little extra money, but when markets are dropping, if you send a certain amount of fiat, vi crypto, to help pay some bill and the price of that crypto plummets, there will be a problem.

One possibility might be to use transactions within one coin as a sort of clearinghouse for remittances at a guaranteed rate.

For example Remittance company X, or the dev, or whoever, agree to buy back any currency bought by them, as long as the seller's coins are only two steps from the buyer.

So the Remittance company sells 20 coins to person A, Person A sends them to person B, Person B sends them back to the Remittance company and the Remittance company checks the blockchain and sees those coins were sold for price x, and so is committed to pay price x to Person B.

Some way to compensate for people selling outside the circle when prices rise would have to be figured out.
so far its the best workable theory. any ideas around it?
sr. member
Activity: 462
Merit: 250
...
https://localbitcoins.com/ kinda ofcourse with moderators to observe fair play

https://localbitcoins.com/faq

Quote

AML and KYC
Anti Money Laundering and Know Your Customer is a group of laws in the United States that require Bitcoin sellers to know who their customers are. Certain sellers will ask for your identification to comply with these laws. Other countries around the world may have similar laws and requirements.


Finland, where localbitcoins is located, is a fairly democratic country https://en.wikipedia.org/wiki/Democracy_Index but localbitcoins would not have lasted long in most countries, and you can expect them to be targeted soon by various larger countries meaning to make a statement about aml laws.

If you are physically in Kenya you might try meeting with a government person and offering them a cut of profits in exchange for non interference, but otherwise that kind of exchange would be difficult. For the U.S. side of such a business the payoffs would be much more expensive and have to be funneled through lawyers.
member
Activity: 188
Merit: 10
Shillingcoin core v1.16.4
creating an exchange entirely controlled by the people...

What do you mean? Sounds a little bit bullshitty...
https://localbitcoins.com/ kinda ofcourse with moderators to observe fair play
sr. member
Activity: 462
Merit: 250
creating an exchange entirely controlled by the people...

What do you mean? Sounds a little bit bullshitty...
member
Activity: 188
Merit: 10
Shillingcoin core v1.16.4
creating an exchange entirely controlled by the people but using Escrow with a reputation and feedback mechanism for regulation.
sr. member
Activity: 462
Merit: 250
... But the introduction of third parties only risk drugging the remittance revolution to its current state. What if we introduce an instance exchange option to willing clients?

Instant exchange has to involve both the fiat of the sender's country and the fiat of the receiver's company, and would involve aml laws and registering as a money broker etc. A few big entrepreneurs who were completely honest and above board got attacked by various governments on the grounds of not having created adequate paper when they formed their company.
member
Activity: 188
Merit: 10
Shillingcoin core v1.16.4
One big issue with remittances to poorer countries is volatility. On the way up, some people get surprised with a little extra money, but when markets are dropping, if you send a certain amount of fiat, vi crypto, to help pay some bill and the price of that crypto plummets, there will be a problem.

One possibility might be to use transactions within one coin as a sort of clearinghouse for remittances at a guaranteed rate.

For example Remittance company X, or the dev, or whoever, agree to buy back any currency bought by them, as long as the seller's coins are only two steps from the buyer.

So the Remittance company sells 20 coins to person A, Person A sends them to person B, Person B sends them back to the Remittance company and the Remittance company checks the blockchain and sees those coins were sold for price x, and so is committed to pay price x to Person B.

Some way to compensate for people selling outside the circle when prices rise would have to be figured out.

mmmmmh! quite a good theory and so true mostly the volatility part, people love it when its an up trend but the down trend always  puts even major players in the crypto market at a bitter taste. But the introduction of third parties only risk drugging the remittance revolution to its current state. What if we introduce an instance exchange option to willing clients?
sr. member
Activity: 462
Merit: 250
One big issue with remittances to poorer countries is volatility. On the way up, some people get surprised with a little extra money, but when markets are dropping, if you send a certain amount of fiat, vi crypto, to help pay some bill and the price of that crypto plummets, there will be a problem.

One possibility might be to use transactions within one coin as a sort of clearinghouse for remittances at a guaranteed rate.

For example Remittance company X, or the dev, or whoever, agree to buy back any currency bought by them, as long as the seller's coins are only two steps from the buyer.

So the Remittance company sells 20 coins to person A, Person A sends them to person B, Person B sends them back to the Remittance company and the Remittance company checks the blockchain and sees those coins were sold for price x, and so is committed to pay price x to Person B.

Some way to compensate for people selling outside the circle when prices rise would have to be figured out.
full member
Activity: 273
Merit: 101
Good  wallet! Run long time without problem.

Good job dev!
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