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Topic: [ANN] Sirius A New Smart Chain Freely Distributed - page 64. (Read 66362 times)

jr. member
Activity: 111
Merit: 2
Everything was looking good until I saw the the 51% going to the developers. That's such a huge turnoff.
sr. member
Activity: 859
Merit: 251
I don't really mind a 51% development fund, but.... they must have a goddamm good reason to have a large share like that. One good example is they already have a working minimum viable product or some partnership with a known reputable organization.
sr. member
Activity: 622
Merit: 251
love coins
51% seems unreasonable.
sr. member
Activity: 1638
Merit: 364
51% kept by the founders.  Shocked
Why?

That's insane, this project looked good for a while, but devs must have lost their minds 51% is ridiculous

This was my reaction when I read the paper and I'm surprised that anyone is OK with this.
Compare this to Byteball and Semux. Both coins written from scratch with high activity on github.
Byteball dev has kept 1% for himself and Semux team are keeping 5% of the total supply (20% of the premine).
I want Sirius to be successful but no-one is going to take a 51% founders premine seriously.


I completely agree. I don't want to judge prematurely because the devs haven't responded yet but I'm shocked that investors have already said they'd be fine with this distribution.
hero member
Activity: 1316
Merit: 514
its still a position paper or still open for revision. Im sure they are reading everyone's thoughts about the 51% dev fund.

Lets wait for the official whitepaper and we will see if they will change their plans and will just follow the community pulse.
sr. member
Activity: 397
Merit: 250
51% kept by the founders.  Shocked
Why?

That's insane, this project looked good for a while, but devs must have lost their minds 51% is ridiculous

This was my reaction when I read the paper and I'm surprised that anyone is OK with this.
Compare this to Byteball and Semux. Both coins written from scratch with high activity on github.
Byteball dev has kept 1% for himself and Semux team are keeping 5% of the total supply (20% of the premine).
I want Sirius to be successful but no-one is going to take a 51% founders premine seriously.
full member
Activity: 630
Merit: 103
Bounty Manager For Hire!!
51% dev fund will keep most investors away.

There must be an explanation regarding that allotment. maybe it will lock for the next 10 years and they just want to have minimal circulating supply by locking the other 51% of coins.
QFT
sr. member
Activity: 476
Merit: 250
51% dev fund will keep most investors away.
sr. member
Activity: 1274
Merit: 264
Good to know that this project already has 30 developers.
51% for the dev team is ok for me if we can know how those SIRX will be used.

Yes, Just for the sake of the project and the development.

I can't wait more on Sirius team update.
sr. member
Activity: 672
Merit: 250
DeepOnion
Good to know that this project already has 30 developers.
51% for the dev team is ok for me if we can know how those SIRX will be used.
member
Activity: 224
Merit: 10
51% kept by the founders.  Shocked
Why?

That's insane, this project looked good for a while, but devs must have lost their minds 51% is ridiculous
I think the team reserved 51% is a good proportion, but this 51% should have a plan, otherwise the impact on the market is terrible.For example, how long is the lock and how much is released each year.
I also want to know the answers to these questions
hero member
Activity: 1722
Merit: 508
51% kept by the founders.  Shocked
Why?

That's insane, this project looked good for a while, but devs must have lost their minds 51% is ridiculous
I think the team reserved 51% is a good proportion, but this 51% should have a plan, otherwise the impact on the market is terrible.For example, how long is the lock and how much is released each year.
it has become their decision, maybe some people ask questions about it
myself think that proportion is fair, they may have other plans with a budget of 51% kept by the founders
investors will give full trust and will not doubt it
sr. member
Activity: 541
Merit: 250
51% kept by the founders.  Shocked
Why?

That's insane, this project looked good for a while, but devs must have lost their minds 51% is ridiculous
I think the team reserved 51% is a good proportion, but this 51% should have a plan, otherwise the impact on the market is terrible.For example, how long is the lock and how much is released each year.
member
Activity: 238
Merit: 15
2 Sirius team:

 What about the dates of your plans? you so vaguely said that you were going to start working in the field of marketing in the near future, but did not name specific dates.
It's a shame that I ask questions that I do not get answers, it seemed to me that the project will be more friendly to those interested, but in fact I see how my questions are ignored. while a lot of hype around the project, any idea how much it will cost tokens. this is not seriously go to the essential exchange and then talk about the value of their coins.
I'm just wondering. My message to anybody? can I write invisible messages? No one's been answering lately, I feel completely alone.
sr. member
Activity: 756
Merit: 268
51% kept by the founders.  Shocked
Why?

That's insane, this project looked good for a while, but devs must have lost their minds 51% is ridiculous
sr. member
Activity: 2422
Merit: 264
Vave.com - Crypto Casino
Sirius released  position paper:  https://getsirius.io/docs/Sirius-Position-Paper.pdf

may i ask i question ,what's the role of Position-Paper? cat  it be called  white paper ?

I think is a light version of the whitepaper as there are not much very technical details

I also think so, open and read, and all the information in general words, and for a long time already known, is simply collected and organized together. Well, at least something, we will wait for further updates.



Yep, I'm a bit disappointed after reading it.
Not much information we get there.
I hope Dev soon launches the White paper.
sr. member
Activity: 630
Merit: 253
when can we have window x34 of wallet version? can't install wallet yet
sr. member
Activity: 1638
Merit: 364
51% kept by the founders.  Shocked
Why?
full member
Activity: 490
Merit: 115
Sirius released  position paper:  https://getsirius.io/docs/Sirius-Position-Paper.pdf

may i ask i question ,what's the role of Position-Paper? cat  it be called  white paper ?

I think is a light version of the whitepaper as there are not much very technical details

I also think so, open and read, and all the information in general words, and for a long time already known, is simply collected and organized together. Well, at least something, we will wait for further updates.

sr. member
Activity: 1274
Merit: 264

I don't know if the distribution is correct on the whitepaper, some of the donors who donate big money will get a Sirius?
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