I don't know which word processing system the dev used... it looks like Word... brrrrr... standard would be TeX. So I can understand if people panic sell...
Thanks for your impression of the format. Could you comment on the content?
Regarding familiarity with convention, do you believe this is important in the world in crypto currencies?
White paper is not a scientific document, it originated in government and law and is more commonly used in marketing in current times.
Well just look at the indents of the headlines or at the empty lines beneath it... there is no system at all. I believe that trust in the dev is important. This whitepaper looks a little sloppy - that's all what I wanted to say. I did not want to create FUD ... I hope it will be regarded as constructive criticism. Maybe there was time pressure - well nobody cares about that - that's life.
Whitepaper is no scientific document that's right... but on the other hand informatics is teached at universities. And I think a high standard would help crypto to gain reputation in general. As it is now I never know if there is a professional being behind a paper or some highschool kids. Although highschool kids may be the most creative people... difficult to judge. Notable exception would be XC.
Regarding the content: I'm not competent enough to judge this
I actually completely agree with you. I also feel prefer a professional looking format and attention to detail (spelling etc).
I suspect you have academic background and that you are familiar with the difficulties of academic publishing.
On the other hand, I don't really want my silkcoin devs to spend their time trying to live up to the expectations of the academic establishment. It seems to me they have a vision and that their talent lies in coding and seeing the possibilities and power of the blockchain.
If they can actually find a way to build a social network on the blockchain in a usable format, that would be immense.
I suspect there was time pressure. They have been working hard to get everything out as they promised and for me personally it inspires great trust.
Even having half a document today is much better than having no document today.
On the other hand, I also don't think they need to rush this. The market creates false expectations but what people need to remember is that there are quite a few people playing games with the exchanges. They might feel under pressure to try and keep the price buoyed up with new releases, but the price will follow the invention. If they keep calm and steady and carry on with their plan, Silkcoin will be successful.
(Also devs thanks for getting it proofread, as you can see there are harsh critics out there!)
Many people tend to forget the rules of the market in my opinion. I expected this drop. Chart doesn't look too good. Silkcoin will have some hard weeks from now on, I think. The release of the ecosystem could be a turning point... but don't be too sure about it. Many competitors are out there...
There is too much euphoric hype and too much blind FUD... on the other hand - this is what we all (hopefully) make our money with, don't we?
@Judge: I don't think, that Silk will reach Bitcoin's level. And the concept is not so new... look at NXT for example. I remember Evan from DRK saying: ''Who wants to compete with us?'' This was about one month ago. Now there are many coins ready to overtake DRK, although it may take some time.
@Silkcoin: I appreciate your work and even more your vision guys! It is my vision as well. But it's a war out there. I hope you will be victorious in some way!
Once the eco-system is secure, I believe it would be beneficial not to be at war necessarily with other coins, but to join together as an entire cryptocommunity and see the platform integrated into many wallets voted on by the silkcoin community.